Futuretech Common Stock Shares Outstanding vs Net Invested Capital Analysis
| FTII Stock | USD 12.25 0.30 2.51% |
Futuretech financial indicator trend analysis is much more than just examining Futuretech II Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Futuretech II Acquisition is a good investment. Please check the relationship between Futuretech Common Stock Shares Outstanding and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futuretech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Common Stock Shares Outstanding vs Net Invested Capital
Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futuretech II Acquisition Common Stock Shares Outstanding account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Futuretech's Common Stock Shares Outstanding and Net Invested Capital is 0.96. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Futuretech II Acquisition, assuming nothing else is changed. The correlation between historical values of Futuretech's Common Stock Shares Outstanding and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Futuretech II Acquisition are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock Shares Outstanding i.e., Futuretech's Common Stock Shares Outstanding and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Futuretech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Futuretech II Acquisition 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 Futuretech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The current Selling General Administrative is estimated to decrease to about 502 K. The current Tax Provision is estimated to decrease to about 709.3 K
| 2010 | 2023 | 2024 | 2025 (projected) | Net Interest Income | 1.7M | 4.8M | 5.5M | 3.6M | Tax Provision | 310.3K | 979.3K | 1.1M | 709.3K |
Futuretech fundamental ratios Correlations
Click cells to compare fundamentals
Futuretech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futuretech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 Futuretech. If investors know Futuretech 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 Futuretech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Futuretech II Acquisition is measured differently than its book value, which is the value of Futuretech that is recorded on the company's balance sheet. Investors also form their own opinion of Futuretech's value that differs from its market value or its book value, called intrinsic value, which is Futuretech'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 Futuretech's market value can be influenced by many factors that don't directly affect Futuretech'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 Futuretech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Futuretech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Futuretech'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.