Fairchem Common Stock Shares Outstanding vs Net Tangible Assets Analysis

FAIRCHEMOR   1,237  77.60  6.69%   
Fairchem Organics financial indicator trend analysis is much more than just examining Fairchem Organics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fairchem Organics is a good investment. Please check the relationship between Fairchem Organics Common Stock Shares Outstanding and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fairchem Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock Shares Outstanding vs Net Tangible Assets

Common Stock Shares Outstanding vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fairchem Organics Common Stock Shares Outstanding account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fairchem Organics' Common Stock Shares Outstanding and Net Tangible Assets is -0.53. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Fairchem Organics Limited, assuming nothing else is changed. The correlation between historical values of Fairchem Organics' Common Stock Shares Outstanding and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Fairchem Organics Limited are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Fairchem Organics' Common Stock Shares Outstanding and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Fairchem Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fairchem Organics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fairchem Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Tax Provision is expected to grow to about 162.6 M. The current year's Selling General Administrative is expected to grow to about 231.4 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization71.3M81.5M92.8M81.6M
Interest Income373K124K423K717.0K

Fairchem Organics fundamental ratios Correlations

-0.760.06-0.50.990.90.971.0-0.77-0.760.980.89-0.990.99-0.91-0.98-0.83-0.020.99-0.580.63-0.750.990.93-0.98-0.7
-0.76-0.030.88-0.81-0.86-0.78-0.810.941.0-0.79-0.840.72-0.820.550.760.780.34-0.680.92-0.070.64-0.69-0.740.790.96
0.06-0.03-0.290.090.060.130.080.16-0.030.110.410.00.06-0.28-0.250.370.410.040.19-0.20.450.010.4-0.21-0.05
-0.50.88-0.29-0.61-0.72-0.6-0.580.730.88-0.6-0.760.46-0.590.280.570.460.43-0.390.740.180.32-0.4-0.60.580.92
0.99-0.810.09-0.610.961.00.99-0.82-0.811.00.92-0.980.99-0.85-0.98-0.84-0.060.95-0.590.55-0.770.970.93-0.97-0.79
0.9-0.860.06-0.720.960.960.92-0.89-0.860.960.88-0.890.93-0.68-0.9-0.87-0.10.83-0.620.35-0.810.880.83-0.87-0.9
0.97-0.780.13-0.61.00.960.98-0.79-0.781.00.92-0.970.98-0.83-0.97-0.81-0.040.94-0.530.56-0.750.960.92-0.95-0.78
1.0-0.810.08-0.580.990.920.98-0.81-0.810.990.92-0.981.0-0.89-0.98-0.83-0.070.97-0.630.58-0.740.980.94-0.98-0.76
-0.770.940.160.73-0.82-0.89-0.79-0.810.94-0.8-0.750.74-0.820.520.730.920.18-0.690.85-0.10.84-0.75-0.670.740.92
-0.761.0-0.030.88-0.81-0.86-0.78-0.810.94-0.79-0.840.72-0.820.550.760.780.34-0.680.92-0.070.64-0.69-0.740.790.96
0.98-0.790.11-0.61.00.961.00.99-0.8-0.790.92-0.980.99-0.85-0.98-0.83-0.050.95-0.560.56-0.760.970.93-0.96-0.78
0.89-0.840.41-0.760.920.880.920.92-0.75-0.840.92-0.850.92-0.83-0.96-0.63-0.040.85-0.620.33-0.510.840.98-0.95-0.81
-0.990.720.00.46-0.98-0.89-0.97-0.980.740.72-0.98-0.85-0.980.890.960.830.05-0.990.52-0.70.77-0.99-0.90.960.67
0.99-0.820.06-0.590.990.930.981.0-0.82-0.820.990.92-0.98-0.88-0.98-0.84-0.090.97-0.640.57-0.750.970.93-0.98-0.77
-0.910.55-0.280.28-0.85-0.68-0.83-0.890.520.55-0.85-0.830.89-0.880.930.58-0.21-0.950.38-0.660.49-0.91-0.930.930.42
-0.980.76-0.250.57-0.98-0.9-0.97-0.980.730.76-0.98-0.960.96-0.980.930.73-0.03-0.960.53-0.560.64-0.96-0.980.990.72
-0.830.780.370.46-0.84-0.87-0.81-0.830.920.78-0.83-0.630.83-0.840.580.730.09-0.770.67-0.380.98-0.84-0.620.730.76
-0.020.340.410.43-0.06-0.1-0.04-0.070.180.34-0.05-0.040.05-0.09-0.21-0.030.090.00.48-0.070.020.060.050.040.35
0.99-0.680.04-0.390.950.830.940.97-0.69-0.680.950.85-0.990.97-0.95-0.96-0.770.0-0.510.72-0.70.990.92-0.97-0.6
-0.580.920.190.74-0.59-0.62-0.53-0.630.850.92-0.56-0.620.52-0.640.380.530.670.48-0.510.040.53-0.5-0.520.60.8
0.63-0.07-0.20.180.550.350.560.58-0.1-0.070.560.33-0.70.57-0.66-0.56-0.38-0.070.720.04-0.410.670.49-0.56-0.02
-0.750.640.450.32-0.77-0.81-0.75-0.740.840.64-0.76-0.510.77-0.750.490.640.980.02-0.70.53-0.41-0.79-0.50.620.65
0.99-0.690.01-0.40.970.880.960.98-0.75-0.690.970.84-0.990.97-0.91-0.96-0.840.060.99-0.50.67-0.790.9-0.95-0.64
0.93-0.740.4-0.60.930.830.920.94-0.67-0.740.930.98-0.90.93-0.93-0.98-0.620.050.92-0.520.49-0.50.9-0.98-0.68
-0.980.79-0.210.58-0.97-0.87-0.95-0.980.740.79-0.96-0.950.96-0.980.930.990.730.04-0.970.6-0.560.62-0.95-0.980.71
-0.70.96-0.050.92-0.79-0.9-0.78-0.760.920.96-0.78-0.810.67-0.770.420.720.760.35-0.60.8-0.020.65-0.64-0.680.71
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Fairchem Organics Account Relationship Matchups

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Other Information on Investing in Fairchem Stock

Balance Sheet is a snapshot of the financial position of Fairchem Organics at a specified time, usually calculated after every quarter, six months, or one year. Fairchem Organics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fairchem Organics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fairchem currently owns. An asset can also be divided into two categories, current and non-current.