FGI Investments vs Other Non Cash Items Analysis

FGI Stock  USD 0.84  0.04  5.00%   
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 Investments and its Other Non Cash Items 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.

Investments vs Other Non Cash Items

Investments vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FGI Industries Investments account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between FGI Industries' Investments and Other Non Cash Items is 0.46. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Other Non Cash Items 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' Investments and Other Non Cash Items 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 FGI Industries are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Investments i.e., FGI Industries' Investments and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Other Non Cash Items

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 Amortization287.1K218.7K2.0M2.1M
Interest Income37.1K3.2K9.2K15.0K

FGI Industries fundamental ratios Correlations

0.930.60.530.790.850.56-0.080.410.790.820.910.940.790.460.50.60.550.780.880.890.790.910.230.470.99
0.930.660.560.60.630.530.110.460.640.760.750.790.640.490.590.640.570.680.820.790.860.750.210.50.92
0.60.660.990.020.39-0.160.660.970.070.140.70.480.070.97-0.01-0.02-0.090.840.180.190.920.24-0.530.910.69
0.530.560.99-0.030.34-0.280.640.980.030.030.690.430.030.97-0.14-0.16-0.230.830.070.110.860.19-0.630.960.63
0.790.60.02-0.030.870.8-0.55-0.180.940.910.620.880.94-0.090.430.750.740.340.890.920.240.970.66-0.050.71
0.850.630.390.340.870.59-0.190.240.750.810.830.960.750.340.220.570.550.640.750.790.480.890.310.240.82
0.560.53-0.16-0.280.80.59-0.33-0.370.670.930.20.630.67-0.250.540.980.99-0.060.790.730.080.70.91-0.390.43
-0.080.110.660.64-0.55-0.19-0.330.74-0.6-0.29-0.04-0.15-0.60.75-0.35-0.19-0.220.19-0.42-0.490.42-0.44-0.530.49-0.03
0.410.460.970.98-0.180.24-0.370.74-0.14-0.090.580.3-0.140.99-0.19-0.24-0.30.77-0.05-0.040.820.04-0.70.910.51
0.790.640.070.030.940.750.67-0.6-0.140.810.640.841.0-0.090.420.640.610.360.860.930.30.960.560.10.73
0.820.760.140.030.910.810.93-0.29-0.090.810.550.850.810.020.590.930.920.310.930.90.380.890.73-0.070.73
0.910.750.70.690.620.830.2-0.040.580.640.550.860.640.610.290.230.180.940.660.730.80.78-0.140.660.95
0.940.790.480.430.880.960.63-0.150.30.840.850.860.840.390.290.640.60.670.820.860.60.950.330.370.91
0.790.640.070.030.940.750.67-0.6-0.141.00.810.640.84-0.090.420.640.610.360.860.930.30.960.560.10.73
0.460.490.970.97-0.090.34-0.250.750.99-0.090.020.610.39-0.09-0.2-0.13-0.190.770.010.020.820.11-0.610.870.55
0.50.59-0.01-0.140.430.220.54-0.35-0.190.420.590.290.290.42-0.20.560.560.230.770.680.360.460.45-0.190.45
0.60.64-0.02-0.160.750.570.98-0.19-0.240.640.930.230.640.64-0.130.561.00.00.790.720.20.680.86-0.270.49
0.550.57-0.09-0.230.740.550.99-0.22-0.30.610.920.180.60.61-0.190.561.0-0.050.770.690.130.650.88-0.350.43
0.780.680.840.830.340.64-0.060.190.770.360.310.940.670.360.770.230.0-0.050.460.510.880.54-0.410.780.85
0.880.820.180.070.890.750.79-0.42-0.050.860.930.660.820.860.010.770.790.770.460.980.50.920.590.030.81
0.890.790.190.110.920.790.73-0.49-0.040.930.90.730.860.930.020.680.720.690.510.980.480.960.540.10.84
0.790.860.920.860.240.480.080.420.820.30.380.80.60.30.820.360.20.130.880.50.480.46-0.30.80.85
0.910.750.240.190.970.890.7-0.440.040.960.890.780.950.960.110.460.680.650.540.920.960.460.490.190.86
0.230.21-0.53-0.630.660.310.91-0.53-0.70.560.73-0.140.330.56-0.610.450.860.88-0.410.590.54-0.30.49-0.660.08
0.470.50.910.96-0.050.24-0.390.490.910.1-0.070.660.370.10.87-0.19-0.27-0.350.780.030.10.80.19-0.660.59
0.990.920.690.630.710.820.43-0.030.510.730.730.950.910.730.550.450.490.430.850.810.840.850.860.080.59
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FGI Industries Account Relationship Matchups

Currently Active Assets on Macroaxis

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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.