FG Annuities Common Stock vs Cash And Short Term Investments Analysis

FG Stock  USD 48.52  0.70  1.46%   
FG Annuities financial indicator trend analysis is much more than just examining FG Annuities Life latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FG Annuities Life is a good investment. Please check the relationship between FG Annuities Common Stock and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FG Annuities Life Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between FG Annuities' Common Stock and Cash And Short Term Investments is -0.52. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of FG Annuities Life, assuming nothing else is changed. The correlation between historical values of FG Annuities' Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of FG Annuities Life are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., FG Annuities' Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of FG Annuities Life balance sheet. This account contains FG Annuities investments that will expire within one year. These investments include stocks and bonds that can be liquidated by FG Annuities Life fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from FG Annuities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FG Annuities Life 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 FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, FG Annuities' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit3.4B2.1B4.4B4.2B
Total Revenue3.4B2.2B4.5B4.3B

FG Annuities fundamental ratios Correlations

0.250.15-0.210.470.02-0.18-0.070.430.210.160.140.40.170.160.3-0.060.090.080.1-0.340.260.00.190.250.09
0.250.290.730.6-0.080.770.870.44-0.84-0.72-0.87-0.74-0.81-0.74-0.61-0.75-0.64-0.57-0.490.81-0.81-0.16-0.85-0.74-0.6
0.150.29-0.20.32-0.190.230.160.92-0.43-0.08-0.36-0.4-0.17-0.51-0.22-0.30.480.320.350.29-0.450.74-0.05-0.130.51
-0.210.73-0.20.250.080.680.8-0.14-0.72-0.78-0.77-0.7-0.83-0.58-0.65-0.62-0.89-0.88-0.840.79-0.7-0.54-0.91-0.83-0.88
0.470.60.320.250.440.110.190.55-0.49-0.01-0.55-0.3-0.19-0.650.15-0.34-0.23-0.250.120.25-0.460.38-0.4-0.05-0.19
0.02-0.08-0.190.080.44-0.44-0.39-0.190.070.470.040.080.34-0.110.590.45-0.16-0.370.14-0.180.080.20.00.37-0.16
-0.180.770.230.680.11-0.440.950.27-0.82-0.95-0.82-0.8-0.96-0.62-0.94-0.87-0.53-0.5-0.580.89-0.81-0.28-0.83-0.95-0.51
-0.070.870.160.80.19-0.390.950.23-0.82-0.94-0.83-0.78-0.96-0.61-0.89-0.84-0.65-0.58-0.70.9-0.8-0.38-0.87-0.95-0.62
0.430.440.92-0.140.55-0.190.270.23-0.44-0.13-0.41-0.31-0.22-0.52-0.18-0.450.370.240.270.25-0.430.64-0.1-0.140.41
0.21-0.84-0.43-0.72-0.490.07-0.82-0.82-0.440.730.990.960.850.950.710.780.520.480.35-0.951.0-0.090.910.810.48
0.16-0.72-0.08-0.78-0.010.47-0.95-0.94-0.130.730.750.710.980.50.960.890.620.590.78-0.820.720.490.820.980.6
0.14-0.87-0.36-0.77-0.550.04-0.82-0.83-0.410.990.750.930.880.940.70.820.590.550.42-0.930.98-0.020.930.820.55
0.4-0.74-0.4-0.7-0.30.08-0.8-0.78-0.310.960.710.930.820.890.740.670.510.450.35-0.980.98-0.070.880.810.47
0.17-0.81-0.17-0.83-0.190.34-0.96-0.96-0.220.850.980.880.820.670.930.910.650.630.71-0.910.840.360.910.990.63
0.16-0.74-0.51-0.58-0.65-0.11-0.62-0.61-0.520.950.50.940.890.670.480.660.40.360.12-0.830.95-0.320.80.610.35
0.3-0.61-0.22-0.650.150.59-0.94-0.89-0.180.710.960.70.740.930.480.820.440.410.65-0.830.720.360.720.960.43
-0.06-0.75-0.3-0.62-0.340.45-0.87-0.84-0.450.780.890.820.670.910.660.820.450.420.52-0.740.760.190.760.860.42
0.09-0.640.48-0.89-0.23-0.16-0.53-0.650.370.520.620.590.510.650.40.440.450.820.72-0.60.50.680.820.651.0
0.08-0.570.32-0.88-0.25-0.37-0.5-0.580.240.480.590.550.450.630.360.410.420.820.82-0.530.460.570.730.630.82
0.1-0.490.35-0.840.120.14-0.58-0.70.270.350.780.420.350.710.120.650.520.720.82-0.50.330.80.620.750.72
-0.340.810.290.790.25-0.180.890.90.25-0.95-0.82-0.93-0.98-0.91-0.83-0.83-0.74-0.6-0.53-0.5-0.96-0.11-0.93-0.9-0.57
0.26-0.81-0.45-0.7-0.460.08-0.81-0.8-0.431.00.720.980.980.840.950.720.760.50.460.33-0.96-0.110.90.810.46
0.0-0.160.74-0.540.380.2-0.28-0.380.64-0.090.49-0.02-0.070.36-0.320.360.190.680.570.8-0.11-0.110.30.410.7
0.19-0.85-0.05-0.91-0.40.0-0.83-0.87-0.10.910.820.930.880.910.80.720.760.820.730.62-0.930.90.30.880.8
0.25-0.74-0.13-0.83-0.050.37-0.95-0.95-0.140.810.980.820.810.990.610.960.860.650.630.75-0.90.810.410.880.62
0.09-0.60.51-0.88-0.19-0.16-0.51-0.620.410.480.60.550.470.630.350.430.421.00.820.72-0.570.460.70.80.62
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FG Annuities Account Relationship Matchups

FG Annuities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities129M206M220M231M367M348.7M
Other Liab28.3B29.3B36.4B44.0B50.6B29.7B
Net Tangible Assets2.0B2.1B2.4B(338M)(388.7M)(369.3M)
Retained Earnings300M136M1.0B1.5B1.9B2.0B
Accounts Payable913M206M220M231M378M404.0M
Other Assets33.8B(22.1B)(24.7B)(25.7B)17.4B18.3B
Common Stock Shares Outstanding18.8M150M105M115M124M78.8M
Total Current Assets969M30.0B35.5B39.4B42.0B21.7B
Common Stock45.2B50.8B57.4B126.4K145.4K138.1K
Total Assets36.7B39.8B48.7B55.1B70.2B113.3B
Other Current Liab4.1B(206M)(220M)(231M)(11M)(10.5M)
Total Stockholder Equity2.8B4.1B4.5B1.8B3.1B2.9B
Cash969M889M1.5B960M1.6B2.9B
Long Term Debt91.8B589M977M1.1B1.8B1.7B
Cash And Short Term Investments969M26.8B31.9B33.7B42.0B31.5B
Net Receivables22.9B3.2B3.7B5.6B9.0B9.8B
Short Term Investments51.7B26.0B30.3B32.8B41.9B31.6B
Long Term Debt Total91.8B99.3B109.9B1.1B1.0B952.5M
Liabilities And Stockholders Equity36.7B39.8B48.7B55.1B70.2B113.3B
Inventory4.1B4.1B(2.1B)(2.7B)(52.4B)(49.8B)
Other Current Assets6.2B4.3B2.1B2.7B931M884.5M
Other Stockholder Equity2.0B2.7B2.8B3.2B3.2B2.0B
Total Liab34.0B35.7B44.2B53.3B67.1B83.9B
Cash And Equivalents36.6B20.2B17.6B960M864M820.8M
Short Term Debt6.0B5.0B6B547M727M690.7M
Property Plant Equipment41.3B37.4B19M21M18.9M18.0M

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Life & Health Insurance 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 FG Annuities. If investors know FG Annuities 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 FG Annuities 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
0.49
Dividend Share
0.84
Earnings Share
(0.02)
Revenue Per Share
47.048
Quarterly Revenue Growth
0.701
The market value of FG Annuities Life is measured differently than its book value, which is the value of FG Annuities that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' 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 FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' 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 FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' 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.