| FAT Stock | | | USD 5.33 0.04 0.74% |
FAT Brands financial indicator trend analysis is much more than just examining FAT Brands latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FAT Brands is a good investment. Please check the relationship between FAT Brands Net Receivables and its Accounts Payable accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FAT Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy FAT Stock please use our
How to Invest in FAT Brands guide.
Net Receivables vs Accounts Payable
Net Receivables vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FAT Brands Net Receivables account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FAT Brands' Net Receivables and Accounts Payable is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of FAT Brands, assuming nothing else is changed. The correlation between historical values of FAT Brands' Net Receivables and Accounts Payable 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 FAT Brands are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., FAT Brands' Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents FAT Brands obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FAT Brands are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from FAT Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FAT Brands 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 FAT Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy FAT Stock please use our
How to Invest in FAT Brands guide.At this time, FAT Brands'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 17.4
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 23.63 in 2024.
FAT Brands fundamental ratios Correlations
Click cells to compare fundamentals
FAT Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FAT Brands fundamental ratios Accounts
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Additional Tools for FAT Stock Analysis
When running FAT Brands' price analysis, check to
measure FAT Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FAT Brands is operating at the current time. Most of FAT Brands' value examination focuses on studying past and present price action to
predict the probability of FAT Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FAT Brands' price. Additionally, you may evaluate how the addition of FAT Brands to your portfolios can decrease your overall portfolio volatility.