Fairchem Net Receivables vs Cash 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 Net Receivables and its Cash 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.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fairchem Organics Net Receivables account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Fairchem Organics' Net Receivables and Cash is -0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash 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' Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Fairchem Organics Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Fairchem Organics' Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Cash
Cash refers to the most liquid asset of Fairchem Organics, which is listed under current asset account on Fairchem Organics Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fairchem Organics customers. The amounts must be unrestricted with restricted cash listed in a different Fairchem Organics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Amortization | 71.3M | 81.5M | 92.8M | 81.6M | Interest Income | 373K | 124K | 423K | 717.0K |
Fairchem Organics fundamental ratios Correlations
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Fairchem Organics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.