Faraday Net Tangible Assets vs Other Current Assets Analysis

FFIEW Stock  USD 0.02  0  11.11%   
Faraday Future financial indicator trend analysis is much more than just examining Faraday Future Intel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Faraday Future Intel is a good investment. Please check the relationship between Faraday Future Net Tangible Assets and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Faraday Future Intelligent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Tangible Assets vs Other Current Assets

Net Tangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Faraday Future Intel Net Tangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Faraday Future's Net Tangible Assets and Other Current Assets is -0.35. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Faraday Future Intelligent, assuming nothing else is changed. The correlation between historical values of Faraday Future's Net Tangible Assets and Other Current Assets 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 Faraday Future Intelligent are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Tangible Assets i.e., Faraday Future's Net Tangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Faraday Future's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Faraday Future Intel 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 Faraday Future Intelligent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Faraday Future's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 113.6 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 84.58 in 2024.
 2021 2022 2023 2024 (projected)
Tax Provision240K61K109K113.6K
Income Tax Expense240K61K109K91.5K

Faraday Future fundamental ratios Correlations

-0.78-0.78-0.830.950.4-0.98-0.63-0.320.850.420.67-0.360.850.46-0.250.960.8-0.830.95-0.77-0.36-0.360.470.920.7
-0.780.860.99-0.93-0.860.860.87-0.2-0.38-0.86-0.560.49-0.38-0.630.01-0.66-0.90.99-0.551.00.490.49-0.04-0.95-0.64
-0.780.860.91-0.91-0.740.790.92-0.14-0.36-0.74-0.450.78-0.36-0.20.49-0.76-0.810.92-0.590.850.780.780.15-0.89-0.28
-0.830.990.91-0.96-0.810.90.87-0.11-0.46-0.81-0.520.52-0.46-0.540.11-0.74-0.891.0-0.620.990.520.52-0.07-0.97-0.61
0.95-0.93-0.91-0.960.66-0.97-0.82-0.070.640.670.63-0.520.640.5-0.230.880.89-0.960.8-0.92-0.52-0.520.220.990.65
0.4-0.86-0.74-0.810.66-0.51-0.90.66-0.111.00.44-0.6-0.110.54-0.030.270.81-0.810.09-0.86-0.6-0.6-0.420.730.29
-0.980.860.790.9-0.97-0.510.670.26-0.79-0.52-0.640.33-0.79-0.550.11-0.91-0.820.9-0.890.860.330.33-0.44-0.95-0.77
-0.630.870.920.87-0.82-0.90.67-0.47-0.13-0.9-0.60.83-0.13-0.390.37-0.55-0.890.87-0.380.860.830.830.36-0.85-0.26
-0.32-0.2-0.14-0.11-0.070.660.26-0.47-0.720.660.17-0.43-0.720.19-0.04-0.40.3-0.11-0.58-0.2-0.43-0.43-0.80.05-0.33
0.85-0.38-0.36-0.460.64-0.11-0.79-0.13-0.72-0.10.460.11.00.3-0.10.860.42-0.460.96-0.380.10.10.840.580.7
0.42-0.86-0.74-0.810.671.0-0.52-0.90.66-0.10.47-0.6-0.10.55-0.030.280.82-0.810.1-0.87-0.6-0.6-0.410.740.3
0.67-0.56-0.45-0.520.630.44-0.64-0.60.170.460.47-0.350.460.7-0.140.540.8-0.530.57-0.56-0.35-0.350.180.670.55
-0.360.490.780.52-0.52-0.60.330.83-0.430.1-0.6-0.350.10.110.71-0.35-0.530.53-0.180.471.01.00.63-0.50.23
0.85-0.38-0.36-0.460.64-0.11-0.79-0.13-0.721.0-0.10.460.10.3-0.10.860.42-0.460.96-0.380.10.10.840.580.7
0.46-0.63-0.2-0.540.50.54-0.55-0.390.190.30.550.70.110.30.570.230.64-0.520.31-0.650.110.110.310.560.84
-0.250.010.490.11-0.23-0.030.110.37-0.04-0.1-0.03-0.140.71-0.10.57-0.43-0.20.14-0.26-0.020.710.710.33-0.20.51
0.96-0.66-0.76-0.740.880.27-0.91-0.55-0.40.860.280.54-0.350.860.23-0.430.71-0.750.95-0.65-0.35-0.350.470.840.54
0.8-0.9-0.81-0.890.890.81-0.82-0.890.30.420.820.8-0.530.420.64-0.20.71-0.90.58-0.9-0.53-0.530.030.950.55
-0.830.990.921.0-0.96-0.810.90.87-0.11-0.46-0.81-0.530.53-0.46-0.520.14-0.75-0.9-0.630.980.530.53-0.06-0.97-0.59
0.95-0.55-0.59-0.620.80.09-0.89-0.38-0.580.960.10.57-0.180.960.31-0.260.950.58-0.63-0.54-0.18-0.180.650.740.66
-0.771.00.850.99-0.92-0.860.860.86-0.2-0.38-0.87-0.560.47-0.38-0.65-0.02-0.65-0.90.98-0.540.470.47-0.04-0.95-0.65
-0.360.490.780.52-0.52-0.60.330.83-0.430.1-0.6-0.351.00.10.110.71-0.35-0.530.53-0.180.471.00.63-0.50.23
-0.360.490.780.52-0.52-0.60.330.83-0.430.1-0.6-0.351.00.10.110.71-0.35-0.530.53-0.180.471.00.63-0.50.23
0.47-0.040.15-0.070.22-0.42-0.440.36-0.80.84-0.410.180.630.840.310.330.470.03-0.060.65-0.040.630.630.180.69
0.92-0.95-0.89-0.970.990.73-0.95-0.850.050.580.740.67-0.50.580.56-0.20.840.95-0.970.74-0.95-0.5-0.50.180.64
0.7-0.64-0.28-0.610.650.29-0.77-0.26-0.330.70.30.550.230.70.840.510.540.55-0.590.66-0.650.230.230.690.64
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Faraday Future Account Relationship Matchups

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