FG Annuities Investments vs Net Income Analysis
FG Stock | USD 41.37 0.72 1.77% |
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 Investments and its Net Income 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.
Investments vs Net Income
Investments vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FG Annuities Life Investments account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between FG Annuities' Investments and Net Income is 0.8. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Income 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' Investments and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of FG Annuities Life are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Investments i.e., FG Annuities' Investments and Net Income go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in FG Annuities Life financial statement analysis. It represents the amount of money remaining after all of FG Annuities Life operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Profit | 3.4B | 2.1B | 4.4B | 4.2B | Total Revenue | 3.4B | 2.2B | 4.5B | 4.3B |
FG Annuities fundamental ratios Correlations
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FG Annuities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FG Annuities fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 129M | 206M | 220M | 231M | 367M | 348.7M | |
Other Liab | 28.3B | 29.3B | 36.4B | 44.0B | 50.6B | 29.7B | |
Net Tangible Assets | 2.0B | 2.1B | 2.4B | (338M) | (388.7M) | (369.3M) | |
Retained Earnings | 300M | 136M | 1.0B | 1.5B | 1.9B | 2.0B | |
Accounts Payable | 913M | 206M | 220M | 231M | 378M | 404.0M | |
Other Assets | 33.8B | (22.1B) | (24.7B) | (25.7B) | 17.4B | 18.3B | |
Common Stock Shares Outstanding | 18.8M | 150M | 105M | 115M | 124M | 78.8M | |
Total Current Assets | 969M | 30.0B | 35.5B | 39.4B | 42.0B | 21.7B | |
Common Stock | 45.2B | 50.8B | 57.4B | 126.4K | 145.4K | 138.1K | |
Total Assets | 36.7B | 39.8B | 48.7B | 55.1B | 70.2B | 113.3B | |
Other Current Liab | 4.1B | (206M) | (220M) | (231M) | (11M) | (10.5M) | |
Total Stockholder Equity | 2.8B | 4.1B | 4.5B | 1.8B | 3.1B | 2.9B | |
Cash | 969M | 889M | 1.5B | 960M | 1.6B | 2.9B | |
Long Term Debt | 91.8B | 589M | 977M | 1.1B | 1.8B | 1.7B | |
Cash And Short Term Investments | 969M | 26.8B | 31.9B | 33.7B | 42.0B | 31.5B | |
Net Receivables | 22.9B | 3.2B | 3.7B | 5.6B | 9.0B | 9.8B | |
Short Term Investments | 51.7B | 26.0B | 30.3B | 32.8B | 41.9B | 31.6B | |
Long Term Debt Total | 91.8B | 99.3B | 109.9B | 1.1B | 1.0B | 952.5M | |
Liabilities And Stockholders Equity | 36.7B | 39.8B | 48.7B | 55.1B | 70.2B | 113.3B | |
Inventory | 4.1B | 4.1B | (2.1B) | (2.7B) | (52.4B) | (49.8B) | |
Other Current Assets | 6.2B | 4.3B | 2.1B | 2.7B | 931M | 884.5M | |
Other Stockholder Equity | 2.0B | 2.7B | 2.8B | 3.2B | 3.2B | 2.0B | |
Total Liab | 34.0B | 35.7B | 44.2B | 53.3B | 67.1B | 83.9B | |
Cash And Equivalents | 36.6B | 20.2B | 17.6B | 960M | 864M | 820.8M | |
Short Term Debt | 6.0B | 5.0B | 6B | 547M | 727M | 690.7M | |
Property Plant Equipment | 41.3B | 37.4B | 19M | 21M | 18.9M | 18.0M |
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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.