FGI Change In Cash vs Net Borrowings Analysis
FGI Stock | USD 0.81 0.01 1.25% |
FGI Industries financial indicator trend analysis is much more than just examining FGI Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FGI Industries is a good investment. Please check the relationship between FGI Industries Change In Cash and its Net Borrowings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. 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. For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.
Change In Cash vs Net Borrowings
Change In Cash vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FGI Industries Change In Cash account and Net Borrowings. At this time, the significance of the direction appears to have very week relationship.
The correlation between FGI Industries' Change In Cash and Net Borrowings is 0.21. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of FGI Industries, assuming nothing else is changed. The correlation between historical values of FGI Industries' Change In Cash and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of FGI Industries are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Cash i.e., FGI Industries' Change In Cash and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change In Cash
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most indicators from FGI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FGI Industries 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 FGI Industries. 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. For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.As of now, FGI Industries' Tax Provision is increasing as compared to previous years. The FGI Industries' current Enterprise Value Over EBITDA is estimated to increase to 9.98, while Selling General Administrative is projected to decrease to under 7.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 287.1K | 218.7K | 2.0M | 2.1M | Interest Income | 37.1K | 3.2K | 9.2K | 15.0K |
FGI Industries fundamental ratios Correlations
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FGI Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether FGI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FGI Industries' 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 Fgi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fgi Industries Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. 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. For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Apparel, Accessories & Luxury Goods 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 FGI Industries. If investors know FGI 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 FGI Industries 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 0.836 | Earnings Share (0.03) | Revenue Per Share 12.66 | Quarterly Revenue Growth 0.006 | Return On Assets 0.0089 |
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.