Finance Net Tangible Assets vs Total Current Liabilities Analysis
FOA Stock | USD 18.52 0.78 4.40% |
Finance Of financial indicator trend analysis is much more than just examining Finance of America latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finance of America is a good investment. Please check the relationship between Finance Of Net Tangible Assets and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finance of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Net Tangible Assets vs Total Current Liabilities
Net Tangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finance of America Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Finance Of's Net Tangible Assets and Total Current Liabilities is -0.7. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Finance of America, assuming nothing else is changed. The correlation between historical values of Finance Of's Net Tangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Finance of America are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Tangible Assets i.e., Finance Of's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Current Liabilities
Total Current Liabilities is an item on Finance Of balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Finance of America are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Finance Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finance of America 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 Finance of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. The current year's Tax Provision is expected to grow to about 1.2 M, whereas Selling General Administrative is forecasted to decline to about 215.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 1.5B | 1.1B | 288.9M | 274.5M | Gross Profit | 1.7B | 544.9M | 234.3M | 222.5M |
Finance Of fundamental ratios Correlations
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Finance Of Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Finance Of fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.6B | 19.6B | 21.8B | 20.9B | 27.1B | 19.4B | |
Total Current Liabilities | 135.6M | 3.0B | 3.3B | 1.5B | 1.1B | 1.7B | |
Total Stockholder Equity | 293.7M | 628.2M | 387.9M | 253.9M | 232.3M | 329.3M | |
Other Liab | 9.4B | 10.2B | 10.9B | 11.1B | 12.7B | 11.3B | |
Net Tangible Assets | 342.8M | 247.9M | (215.0M) | (120.6M) | (108.6M) | (103.1M) | |
Retained Earnings | 265.6M | 3.1M | (443.6M) | (634.3M) | (714.4M) | (678.7M) | |
Other Assets | 32.3M | 18.8B | 20.4B | 20.5B | 26.8B | 15.9B | |
Cash And Short Term Investments | 1.6M | 247.3M | 141.2M | 18.7M | 46.5M | 83.5M | |
Net Receivables | 14.5B | 115.5M | 109.1M | 135.9M | 104.1M | 98.9M | |
Capital Surpluse | 775.1K | 1.9M | 831.6M | 888.5M | 1.0B | 1.1B | |
Other Current Assets | 293.7M | 10.8K | (580.7M) | (428.9M) | (328.9M) | (312.5M) | |
Other Stockholder Equity | (698.3M) | 386.3M | 1.3B | 888.5M | 946.9M | 513.1M | |
Total Liab | 287.5M | 18.9B | 20.7B | 20.5B | 26.8B | 16.0B | |
Total Current Assets | 118.1M | 362.8M | 250.3M | 18.7M | 46.5M | 44.2M | |
Property Plant Equipment | 84.1M | 24.5M | 29.3M | 19.0M | 17.1M | 30.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Finance of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Finance Of's 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 Finance Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Finance Of America Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finance of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Asset Management & Custody Banks 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 Finance Of. If investors know Finance 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 Finance Of listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 14.87 | Revenue Per Share 75.103 | Quarterly Revenue Growth (0.47) | Return On Assets 0.0128 | Return On Equity 1.2656 |
The market value of Finance of America is measured differently than its book value, which is the value of Finance that is recorded on the company's balance sheet. Investors also form their own opinion of Finance Of's value that differs from its market value or its book value, called intrinsic value, which is Finance Of's 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 Finance Of's market value can be influenced by many factors that don't directly affect Finance Of's 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 Finance Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finance Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finance Of's 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.