FTI Inventory vs Other Current Liab Analysis

FCN Stock  USD 203.72  0.08  0.04%   
FTI Consulting financial indicator trend analysis is much more than just examining FTI Consulting latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FTI Consulting is a good investment. Please check the relationship between FTI Consulting Inventory and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTI Consulting. 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.
To learn how to invest in FTI Stock, please use our How to Invest in FTI Consulting guide.

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTI Consulting Inventory account and Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between FTI Consulting's Inventory and Other Current Liab is 0.19. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of FTI Consulting, assuming nothing else is changed. The correlation between historical values of FTI Consulting's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of FTI Consulting are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., FTI Consulting's Inventory and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Other Current Liab

Most indicators from FTI Consulting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FTI Consulting 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 FTI Consulting. 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.
To learn how to invest in FTI Stock, please use our How to Invest in FTI Consulting guide.At this time, FTI Consulting's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Tax Provision is likely to drop about 55 M.
 2021 2022 2023 2024 (projected)
Gross Profit860.7M962.9M1.1B1.2B
Total Revenue2.8B3.0B3.5B3.7B

FTI Consulting fundamental ratios Correlations

0.420.530.680.750.570.020.660.090.950.120.660.70.640.55-0.110.950.460.750.00.830.840.60.880.130.55
0.42-0.21-0.050.14-0.270.73-0.10.610.650.2-0.040.840.88-0.190.650.59-0.340.040.340.190.170.30.760.8-0.02
0.53-0.210.890.750.94-0.340.84-0.280.38-0.120.840.120.10.92-0.70.480.920.85-0.560.60.620.190.25-0.30.4
0.68-0.050.890.950.93-0.450.98-0.210.56-0.110.970.380.150.85-0.540.570.930.98-0.180.670.690.320.48-0.330.72
0.750.140.750.950.83-0.350.96-0.150.67-0.070.970.580.290.71-0.320.640.840.97-0.020.640.660.470.63-0.230.8
0.57-0.270.940.930.83-0.560.94-0.440.38-0.150.90.110.020.91-0.730.460.960.92-0.40.680.690.290.25-0.510.63
0.020.73-0.34-0.45-0.35-0.56-0.540.620.270.26-0.430.420.68-0.440.660.26-0.57-0.42-0.08-0.26-0.270.020.350.96-0.62
0.66-0.10.840.980.960.94-0.54-0.350.52-0.150.980.340.090.83-0.570.520.930.98-0.130.660.680.380.43-0.450.8
0.090.61-0.28-0.21-0.15-0.440.62-0.350.270.27-0.290.470.4-0.360.670.21-0.44-0.250.31-0.04-0.05-0.320.370.76-0.35
0.950.650.380.560.670.380.270.520.270.230.540.860.80.380.140.970.290.620.090.690.70.590.980.390.45
0.120.2-0.12-0.11-0.07-0.150.26-0.150.270.23-0.170.260.29-0.320.340.19-0.21-0.130.010.010.00.180.270.33-0.04
0.66-0.040.840.970.970.9-0.430.98-0.290.54-0.170.410.160.79-0.480.540.930.98-0.170.580.60.420.48-0.350.75
0.70.840.120.380.580.110.420.340.470.860.260.410.810.080.470.760.080.440.330.380.380.480.940.550.4
0.640.880.10.150.290.020.680.090.40.80.290.160.810.070.40.82-0.10.26-0.060.440.420.550.830.710.0
0.55-0.190.920.850.710.91-0.440.83-0.360.38-0.320.790.080.07-0.80.490.840.82-0.370.70.710.140.24-0.40.5
-0.110.65-0.7-0.54-0.32-0.730.66-0.570.670.140.34-0.480.470.4-0.80.0-0.67-0.480.46-0.37-0.380.040.290.72-0.31
0.950.590.480.570.640.460.260.520.210.970.190.540.760.820.490.00.320.64-0.090.790.790.60.910.350.36
0.46-0.340.920.930.840.96-0.570.93-0.440.29-0.210.930.08-0.10.84-0.670.320.89-0.380.50.520.230.18-0.520.61
0.750.040.850.980.970.92-0.420.98-0.250.62-0.130.980.440.260.82-0.480.640.89-0.180.740.760.470.54-0.320.74
0.00.34-0.56-0.18-0.02-0.4-0.08-0.130.310.090.01-0.170.33-0.06-0.370.46-0.09-0.38-0.18-0.1-0.11-0.110.220.050.38
0.830.190.60.670.640.68-0.260.66-0.040.690.010.580.380.440.7-0.370.790.50.74-0.11.00.440.58-0.140.5
0.840.170.620.690.660.69-0.270.68-0.050.70.00.60.380.420.71-0.380.790.520.76-0.111.00.440.58-0.160.51
0.60.30.190.320.470.290.020.38-0.320.590.180.420.480.550.140.040.60.230.47-0.110.440.440.560.00.41
0.880.760.250.480.630.250.350.430.370.980.270.480.940.830.240.290.910.180.540.220.580.580.560.480.44
0.130.8-0.3-0.33-0.23-0.510.96-0.450.760.390.33-0.350.550.71-0.40.720.35-0.52-0.320.05-0.14-0.160.00.48-0.52
0.55-0.020.40.720.80.63-0.620.8-0.350.45-0.040.750.40.00.5-0.310.360.610.740.380.50.510.410.44-0.52
Click cells to compare fundamentals

FTI Consulting Account Relationship Matchups

FTI Consulting fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.8B3.1B3.2B3.3B1.8B
Short Long Term Debt Total452.0M447.8M533.2M568.7M257.6M443.2M
Other Current Liab381.2M555.4M606.7M643.3M710.5M746.0M
Total Current Liabilities612.5M670.2M718.1M769.5M892.8M937.4M
Total Stockholder Equity1.5B1.4B1.6B1.7B2.0B2.1B
Property Plant And Equipment Net253.4M258.3M358.2M357.2M368.6M387.0M
Net Debt82.6M152.9M38.7M77.0M(45.6M)(43.3M)
Retained Earnings1.4B1.5B1.7B1.9B2.1B2.2B
Accounts Payable158.9M13.1M16.2M20.3M21.7M20.6M
Non Current Assets Total1.6B1.6B1.7B1.7B1.8B1.1B
Non Currrent Assets Other109.8M112.9M107.9M(97.9M)8.0M7.6M
Net Receivables728.5M756.9M791.6M934.4M1.1B1.2B
Common Stock Shares Outstanding38.1M37.1M35.3M35.8M35.6M38.0M
Liabilities And Stockholders Equity2.8B2.8B3.1B3.2B3.3B1.8B
Non Current Liabilities Total681.5M707.0M799.5M790.2M451.7M520.8M
Other Current Assets32.9M77.8M83.9M122.8M78.6M82.5M
Other Stockholder Equity216.2M(106.4M)13.7M(176.7M)16.8M15.9M
Total Liab1.3B1.4B1.5B1.6B1.3B860.5M
Property Plant And Equipment Gross253.4M258.3M358.2M357.2M545.3M572.5M
Total Current Assets1.2B1.1B1.4B1.5B1.6B1.6B
Accumulated Other Comprehensive Income(140.8M)(106.4M)(128.8M)(176.7M)(150.5M)(142.9M)
Short Term Debt35.7M42.7M30.8M31.9M33.9M32.2M
Cash369.4M295.0M494.5M491.7M303.2M200.7M
Cash And Short Term Investments369.4M295.0M494.5M491.7M328.7M201.7M
Inventory47.9M58.5M60.0M51.1M58.8M41.8M
Good Will1.2B1.2B1.2B1.2B1.2B957.8M
Intangible Assets38.4M41.6M32.0M25.5M18.3M17.4M
Other Liab229.5M259.2M266.3M253.4M291.4M306.0M
Other Assets109.8M269.6M107.9M64.5M74.2M99.2M
Long Term Debt275.6M286.1M297.2M315.2M362.4M419.2M
Common Stock Total Equity374K345K343K340K391K419.0K
Common Stock374K345K343K340K355K417.8K
Property Plant Equipment93.7M101.6M142.2M357.2M410.8M431.4M
Current Deferred Revenue36.7M44.2M45.5M53.6M67.9M40.4M
Net Tangible Assets247.9M123.8M318.5M428.6M492.9M517.6M
Retained Earnings Total Equity1.4B1.5B1.7B1.9B2.1B1.2B
Long Term Debt Total275.6M286.1M297.2M315.2M283.7M334.5M
Deferred Long Term Liab151.4M158.3M170.6M162.4M186.7M154.1M

Pair Trading with FTI Consulting

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FTI Consulting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FTI Consulting will appreciate offsetting losses from the drop in the long position's value.

Moving against FTI Stock

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  0.65VRSK Verisk AnalyticsPairCorr
The ability to find closely correlated positions to FTI Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FTI Consulting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FTI Consulting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FTI Consulting to buy it.
The correlation of FTI Consulting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FTI Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FTI Consulting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FTI Consulting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether FTI Consulting offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FTI Consulting's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fti Consulting Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fti Consulting Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTI Consulting. 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.
To learn how to invest in FTI Stock, please use our How to Invest in FTI Consulting guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FTI Consulting. If investors know FTI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FTI Consulting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Earnings Share
8.72
Revenue Per Share
106.211
Quarterly Revenue Growth
0.037
Return On Assets
0.0756
The market value of FTI Consulting is measured differently than its book value, which is the value of FTI that is recorded on the company's balance sheet. Investors also form their own opinion of FTI Consulting's value that differs from its market value or its book value, called intrinsic value, which is FTI Consulting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FTI Consulting's market value can be influenced by many factors that don't directly affect FTI Consulting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FTI Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTI Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTI Consulting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.