FGMCU Accounts Payable vs Other Current Assets Analysis

FGMCU Stock

USD 9.74 0.01 0.10%

FG Merger financial indicator trend analysis is much more than just examining FG Merger II latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FG Merger II is a good investment. Please check the relationship between FG Merger Accounts Payable and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Merger II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FG Merger II Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between FG Merger's Accounts Payable and Other Current Assets is -0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of FG Merger II, assuming nothing else is changed. The correlation between historical values of FG Merger's Accounts Payable 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 Accounts Payable of FG Merger II 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 Accounts Payable i.e., FG Merger's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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Accounts Payable

An accounting item on the balance sheet that represents FG Merger obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FG Merger II are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 FG Merger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FG Merger II 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 Merger II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Selling General Administrative is likely to drop to about 24.6 K in 2025. Sales General And Administrative To Revenue is likely to drop to 1.94 in 2025

	2022	2023	2024	2025 (projected)
Interest Expense	785.4K	2.4M	2.8M	2.9M
Depreciation And Amortization	1.3M	1.3M	1.5M	1.3M

Interest Expense Depreciation And Amortization

FG Merger fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Invested Capital	Short Long Term Debt
Total Assets		0.4	0.92	0.72	0.23	0.18	0.89	-0.65	0.8	0.92	1.0	0.26	0.18	0.4	0.39	0.24	0.87	0.24	0.27	0.94	0.97	0.38	0.36	0.02	0.37	0.36
Short Long Term Debt Total	0.4		0.19	0.42	0.92	0.84	0.41	0.37	-0.13	0.57	0.34	0.9	0.85	0.91	0.95	0.97	0.57	0.92	0.92	0.31	0.59	0.99	0.92	-0.39	-0.55	-0.5
Total Current Liabilities	0.92	0.19		0.41	0.0	-0.14	0.94	-0.83	0.94	0.75	0.94	-0.05	-0.13	0.12	0.17	-0.01	0.85	-0.02	-0.02	0.99	0.82	0.17	0.07	0.29	0.61	0.59
Total Stockholder Equity	0.72	0.42	0.41		0.36	0.55	0.37	-0.19	0.32	0.83	0.69	0.54	0.52	0.51	0.4	0.42	0.43	0.44	0.54	0.43	0.8	0.43	0.53	-0.53	-0.07	-0.06
Property Plant And Equipment Net	0.23	0.92	0.0	0.36		0.94	0.21	0.55	-0.3	0.49	0.15	0.96	0.95	0.79	0.85	0.93	0.37	0.99	0.88	0.11	0.45	0.93	0.82	-0.59	-0.76	-0.74
Current Deferred Revenue	0.18	0.84	-0.14	0.55	0.94		0.02	0.62	-0.4	0.48	0.11	0.99	1.0	0.78	0.77	0.9	0.2	0.97	0.91	-0.04	0.42	0.85	0.83	-0.76	-0.82	-0.79
Net Debt	0.89	0.41	0.94	0.37	0.21	0.02		-0.65	0.79	0.72	0.9	0.14	0.03	0.38	0.44	0.22	0.97	0.18	0.13	0.98	0.83	0.37	0.32	0.35	0.41	0.4
Retained Earnings	-0.65	0.37	-0.83	-0.19	0.55	0.62	-0.65		-0.96	-0.39	-0.71	0.57	0.61	0.35	0.36	0.53	-0.48	0.57	0.49	-0.75	-0.45	0.38	0.41	-0.51	-0.92	-0.89
Accounts Payable	0.8	-0.13	0.94	0.32	-0.3	-0.4	0.79	-0.96		0.6	0.84	-0.34	-0.39	-0.18	-0.16	-0.32	0.64	-0.33	-0.28	0.89	0.65	-0.13	-0.23	0.37	0.81	0.78
Cash	0.92	0.57	0.75	0.83	0.49	0.48	0.72	-0.39	0.6		0.89	0.52	0.49	0.48	0.47	0.45	0.73	0.5	0.53	0.77	0.97	0.58	0.48	-0.37	0.07	0.07
Non Current Assets Total	1.0	0.34	0.94	0.69	0.15	0.11	0.9	-0.71	0.84	0.89		0.18	0.1	0.35	0.34	0.18	0.87	0.16	0.2	0.95	0.95	0.32	0.31	0.08	0.44	0.42
Non Currrent Assets Other	0.26	0.9	-0.05	0.54	0.96	0.99	0.14	0.57	-0.34	0.52	0.18		0.98	0.86	0.86	0.94	0.33	0.99	0.92	0.06	0.48	0.9	0.89	-0.66	-0.78	-0.76
Cash And Short Term Investments	0.18	0.85	-0.13	0.52	0.95	1.0	0.03	0.61	-0.39	0.49	0.1	0.98		0.76	0.77	0.9	0.2	0.97	0.91	-0.04	0.42	0.87	0.81	-0.77	-0.82	-0.79
Net Receivables	0.4	0.91	0.12	0.51	0.79	0.78	0.38	0.35	-0.18	0.48	0.35	0.86	0.76		0.98	0.91	0.59	0.83	0.81	0.26	0.56	0.86	0.99	-0.25	-0.53	-0.49
Good Will	0.39	0.95	0.17	0.4	0.85	0.77	0.44	0.36	-0.16	0.47	0.34	0.86	0.77	0.98		0.93	0.63	0.86	0.81	0.31	0.55	0.91	0.97	-0.21	-0.54	-0.5
Common Stock Shares Outstanding	0.24	0.97	-0.01	0.42	0.93	0.9	0.22	0.53	-0.32	0.45	0.18	0.94	0.9	0.91	0.93		0.4	0.94	0.96	0.11	0.45	0.97	0.94	-0.49	-0.67	-0.62
Non Current Liabilities Total	0.87	0.57	0.85	0.43	0.37	0.2	0.97	-0.48	0.64	0.73	0.87	0.33	0.2	0.59	0.63	0.4		0.35	0.29	0.92	0.86	0.52	0.52	0.27	0.23	0.22
Other Current Assets	0.24	0.92	-0.02	0.44	0.99	0.97	0.18	0.57	-0.33	0.5	0.16	0.99	0.97	0.83	0.86	0.94	0.35		0.9	0.08	0.46	0.93	0.86	-0.62	-0.78	-0.76
Other Stockholder Equity	0.27	0.92	-0.02	0.54	0.88	0.91	0.13	0.49	-0.28	0.53	0.2	0.92	0.91	0.81	0.81	0.96	0.29	0.9		0.07	0.48	0.94	0.86	-0.67	-0.62	-0.55
Total Liab	0.94	0.31	0.99	0.43	0.11	-0.04	0.98	-0.75	0.89	0.77	0.95	0.06	-0.04	0.26	0.31	0.11	0.92	0.08	0.07		0.86	0.28	0.2	0.3	0.52	0.5
Total Current Assets	0.97	0.59	0.82	0.8	0.45	0.42	0.83	-0.45	0.65	0.97	0.95	0.48	0.42	0.56	0.55	0.45	0.86	0.46	0.48	0.86		0.58	0.54	-0.18	0.14	0.13
Short Term Debt	0.38	0.99	0.17	0.43	0.93	0.85	0.37	0.38	-0.13	0.58	0.32	0.9	0.87	0.86	0.91	0.97	0.52	0.93	0.94	0.28	0.58		0.89	-0.46	-0.55	-0.5
Intangible Assets	0.36	0.92	0.07	0.53	0.82	0.83	0.32	0.41	-0.23	0.48	0.31	0.89	0.81	0.99	0.97	0.94	0.52	0.86	0.86	0.2	0.54	0.89		-0.34	-0.57	-0.53
Common Stock	0.02	-0.39	0.29	-0.53	-0.59	-0.76	0.35	-0.51	0.37	-0.37	0.08	-0.66	-0.77	-0.25	-0.21	-0.49	0.27	-0.62	-0.67	0.3	-0.18	-0.46	-0.34		0.63	0.61
Net Invested Capital	0.37	-0.55	0.61	-0.07	-0.76	-0.82	0.41	-0.92	0.81	0.07	0.44	-0.78	-0.82	-0.53	-0.54	-0.67	0.23	-0.78	-0.62	0.52	0.14	-0.55	-0.57	0.63		0.99
Short Long Term Debt	0.36	-0.5	0.59	-0.06	-0.74	-0.79	0.4	-0.89	0.78	0.07	0.42	-0.76	-0.79	-0.49	-0.5	-0.62	0.22	-0.76	-0.55	0.5	0.13	-0.5	-0.53	0.61	0.99

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