First Other Non Cash Items vs Change In Cash Analysis

FTHY Stock  USD 14.92  0.08  0.54%   
First Trust financial indicator trend analysis is much more than just examining First Trust High latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Trust High is a good investment. Please check the relationship between First Trust Other Non Cash Items and its Change In Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Other Non Cash Items vs Change In Cash

Other Non Cash Items vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Trust High Other Non Cash Items account and Change In Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between First Trust's Other Non Cash Items and Change In Cash is -0.93. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change In Cash in the same time period over historical financial statements of First Trust High, assuming nothing else is changed. The correlation between historical values of First Trust's Other Non Cash Items and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of First Trust High are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Other Non Cash Items i.e., First Trust's Other Non Cash Items and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Non Cash Items

Change In Cash

Most indicators from First Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Trust High 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 First Trust High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, First Trust's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 870.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 737.1 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income60.2M51.7M51.2M43.5M
Net Interest Income57.3M44.7M42.6M39.3M

First Trust fundamental ratios Correlations

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0.730.65-0.540.550.770.860.650.550.530.73-0.690.860.530.570.650.930.970.660.730.730.58-0.85-0.851.0
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1.00.98-0.840.840.990.960.980.840.881.0-1.00.950.880.810.730.980.760.720.991.00.82-0.75-0.750.72
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0.820.78-0.630.630.820.710.810.630.710.81-0.80.840.711.00.580.780.420.710.790.820.81-0.33-0.330.57
-0.74-0.730.56-0.57-0.74-0.89-0.66-0.57-0.54-0.750.74-0.74-0.54-0.31-0.85-0.73-0.98-0.72-0.73-0.75-0.75-0.331.0-0.85
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First Trust Account Relationship Matchups

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