| FCAP Stock | | | USD 35.57 0.97 2.80% |
First Capital financial indicator trend analysis is much more than just examining First Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Capital is a good investment. Please check the relationship between First Capital Total Current Liabilities and its Asset Turnover accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Capital. 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.
To learn how to invest in First Stock, please use our
How to Invest in First Capital guide.
Total Current Liabilities vs Asset Turnover
Total Current Liabilities vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Capital Total Current Liabilities account and
Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Capital's Total Current Liabilities and Asset Turnover is -0.23. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of First Capital, assuming nothing else is changed. The correlation between historical values of First Capital's Total Current Liabilities and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of First Capital are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., First Capital's Total Current Liabilities and Asset Turnover go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on First Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Capital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from First Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Capital 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 First Capital. 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.
To learn how to invest in First Stock, please use our
How to Invest in First Capital guide.As of 02/27/2025,
Selling General Administrative is likely to drop to about 8.8
M. In addition to that,
Tax Provision is likely to drop to about 1.7
MFirst Capital fundamental ratios Correlations
Click cells to compare fundamentals
First Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Capital fundamental ratios Accounts
Additional Tools for First Stock Analysis
When running First Capital's price analysis, check to
measure First Capital's 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 First Capital is operating at the current time. Most of First Capital's value examination focuses on studying past and present price action to
predict the probability of First Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Capital's price. Additionally, you may evaluate how the addition of First Capital to your portfolios can decrease your overall portfolio volatility.