Fairchem Net Tangible Assets vs Property Plant And Equipment Net Analysis

FAIRCHEMOR   1,164  30.10  2.52%   
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 Tangible Assets and its Property Plant And Equipment Net 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 Tangible Assets vs Property Plant And Equipment Net

Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fairchem Organics Net Tangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fairchem Organics' Net Tangible Assets and Property Plant And Equipment Net is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant And Equipment Net 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 Tangible Assets and Property Plant And Equipment Net 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 Tangible Assets of Fairchem Organics Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Tangible Assets i.e., Fairchem Organics' Net Tangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.