Futuretech Ev To Operating Cash Flow vs Ptb Ratio Analysis

FTIIU Stock

USD 11.95 0.45 3.91%

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 Ev To Operating Cash Flow and its Ptb Ratio 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.

Ev To Operating Cash Flow vs Ptb Ratio

Ev To Operating Cash Flow vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futuretech II Acquisition Ev To Operating Cash Flow account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Futuretech's Ev To Operating Cash Flow and Ptb Ratio is -0.78. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Ptb Ratio 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 Ev To Operating Cash Flow and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Operating Cash Flow of Futuretech II Acquisition are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Operating Cash Flow i.e., Futuretech's Ev To Operating Cash Flow and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

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Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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.

Selling General Administrative is likely to gain to about 905.8 K in 2024, whereas Tax Provision is likely to drop slightly above 709.3 K in 2024.

	2010	2023	2024 (projected)
Net Interest Income	1.7M	4.8M	3.6M
Tax Provision	310.3K	979.3K	709.3K

Net Interest Income Tax Provision

Futuretech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Current Deferred Revenue	Other Current Assets	Net Receivables
Total Assets		0.88	0.53	0.73	1.0	-1.0	-0.93	0.82	1.0	1.0	-0.94	0.82	0.98	0.54	0.91	1.0	0.88	0.79	1.0	-0.68	0.88	0.78	-0.51	-0.53	-0.51
Short Long Term Debt Total	0.88		0.78	0.96	0.86	-0.88	-0.95	0.51	0.87	0.87	-0.96	0.51	0.95	0.78	1.0	0.86	1.0	0.98	0.87	-0.88	1.0	0.46	-0.65	-0.83	-0.65
Other Current Liab	0.53	0.78		0.88	0.51	-0.52	-0.79	-0.05	0.52	0.52	-0.78	-0.05	0.67	1.0	0.78	0.51	0.78	0.86	0.52	-0.98	0.78	-0.12	-0.95	-0.98	-0.95
Total Current Liabilities	0.73	0.96	0.88		0.71	-0.73	-0.89	0.27	0.72	0.72	-0.89	0.27	0.85	0.88	0.95	0.71	0.96	1.0	0.72	-0.94	0.96	0.21	-0.73	-0.93	-0.73
Total Stockholder Equity	1.0	0.86	0.51	0.71		-1.0	-0.93	0.83	1.0	1.0	-0.94	0.83	0.97	0.52	0.9	1.0	0.86	0.77	1.0	-0.66	0.86	0.79	-0.5	-0.51	-0.5
Net Debt	-1.0	-0.88	-0.52	-0.73	-1.0		0.93	-0.83	-1.0	-1.0	0.94	-0.83	-0.98	-0.53	-0.91	-1.0	-0.88	-0.79	-1.0	0.67	-0.88	-0.79	0.5	0.52	0.5
Retained Earnings	-0.93	-0.95	-0.79	-0.89	-0.93	0.93		-0.56	-0.93	-0.93	1.0	-0.56	-0.98	-0.8	-0.98	-0.93	-0.95	-0.92	-0.93	0.89	-0.95	-0.51	0.76	0.79	0.76
Cash	0.82	0.51	-0.05	0.27	0.83	-0.83	-0.56		0.82	0.82	-0.59	1.0	0.7	-0.04	0.54	0.83	0.51	0.35	0.83	-0.14	0.51	1.0	0.04	0.04	0.04
Non Current Assets Total	1.0	0.87	0.52	0.72	1.0	-1.0	-0.93	0.82		1.0	-0.94	0.82	0.98	0.53	0.9	1.0	0.87	0.79	1.0	-0.68	0.87	0.78	-0.51	-0.52	-0.51
Non Currrent Assets Other	1.0	0.87	0.52	0.72	1.0	-1.0	-0.93	0.82	1.0		-0.94	0.82	0.98	0.53	0.9	1.0	0.87	0.79	1.0	-0.68	0.87	0.78	-0.51	-0.52	-0.51
Other Assets	-0.94	-0.96	-0.78	-0.89	-0.94	0.94	1.0	-0.59	-0.94	-0.94		-0.59	-0.99	-0.78	-0.98	-0.94	-0.96	-0.92	-0.94	0.88	-0.96	-0.53	0.74	0.77	0.74
Cash And Short Term Investments	0.82	0.51	-0.05	0.27	0.83	-0.83	-0.56	1.0	0.82	0.82	-0.59		0.7	-0.04	0.54	0.83	0.51	0.35	0.83	-0.14	0.51	1.0	0.04	0.04	0.04
Common Stock Shares Outstanding	0.98	0.95	0.67	0.85	0.97	-0.98	-0.98	0.7	0.98	0.98	-0.99	0.7		0.68	0.97	0.97	0.95	0.9	0.98	-0.8	0.95	0.66	-0.62	-0.68	-0.62
Other Stockholder Equity	0.54	0.78	1.0	0.88	0.52	-0.53	-0.8	-0.04	0.53	0.53	-0.78	-0.04	0.68		0.79	0.52	0.78	0.86	0.53	-0.98	0.78	-0.11	-0.95	-0.98	-0.95
Total Liab	0.91	1.0	0.78	0.95	0.9	-0.91	-0.98	0.54	0.9	0.9	-0.98	0.54	0.97	0.79		0.9	1.0	0.97	0.9	-0.89	1.0	0.49	-0.68	-0.82	-0.68
Net Invested Capital	1.0	0.86	0.51	0.71	1.0	-1.0	-0.93	0.83	1.0	1.0	-0.94	0.83	0.97	0.52	0.9		0.86	0.77	1.0	-0.66	0.86	0.79	-0.5	-0.51	-0.5
Short Long Term Debt	0.88	1.0	0.78	0.96	0.86	-0.88	-0.95	0.51	0.87	0.87	-0.96	0.51	0.95	0.78	1.0	0.86		0.98	0.87	-0.88	1.0	0.46	-0.65	-0.83	-0.65
Total Current Assets	0.79	0.98	0.86	1.0	0.77	-0.79	-0.92	0.35	0.79	0.79	-0.92	0.35	0.9	0.86	0.97	0.77	0.98		0.78	-0.94	0.98	0.29	-0.72	-0.91	-0.72
Capital Stock	1.0	0.87	0.52	0.72	1.0	-1.0	-0.93	0.83	1.0	1.0	-0.94	0.83	0.98	0.53	0.9	1.0	0.87	0.78		-0.67	0.87	0.79	-0.51	-0.52	-0.51
Net Working Capital	-0.68	-0.88	-0.98	-0.94	-0.66	0.67	0.89	-0.14	-0.68	-0.68	0.88	-0.14	-0.8	-0.98	-0.89	-0.66	-0.88	-0.94	-0.67		-0.88	-0.08	0.92	0.98	0.92
Short Term Debt	0.88	1.0	0.78	0.96	0.86	-0.88	-0.95	0.51	0.87	0.87	-0.96	0.51	0.95	0.78	1.0	0.86	1.0	0.98	0.87	-0.88		0.46	-0.65	-0.83	-0.65
Common Stock	0.78	0.46	-0.12	0.21	0.79	-0.79	-0.51	1.0	0.78	0.78	-0.53	1.0	0.66	-0.11	0.49	0.79	0.46	0.29	0.79	-0.08	0.46		0.1	0.1	0.1
Current Deferred Revenue	-0.51	-0.65	-0.95	-0.73	-0.5	0.5	0.76	0.04	-0.51	-0.51	0.74	0.04	-0.62	-0.95	-0.68	-0.5	-0.65	-0.72	-0.51	0.92	-0.65	0.1		0.87	1.0
Other Current Assets	-0.53	-0.83	-0.98	-0.93	-0.51	0.52	0.79	0.04	-0.52	-0.52	0.77	0.04	-0.68	-0.98	-0.82	-0.51	-0.83	-0.91	-0.52	0.98	-0.83	0.1	0.87		0.88
Net Receivables	-0.51	-0.65	-0.95	-0.73	-0.5	0.5	0.76	0.04	-0.51	-0.51	0.74	0.04	-0.62	-0.95	-0.68	-0.5	-0.65	-0.72	-0.51	0.92	-0.65	0.1	1.0	0.88

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Futuretech Ev To Operating Cash Flow vs Ptb Ratio Analysis

Ev To Operating Cash Flow vs Ptb Ratio

Ev To Operating Cash Flow vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Ev To Operating Cash Flow

Ptb Ratio

Futuretech fundamental ratios Correlations

Futuretech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Futuretech Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total

Capital Stock	- 1.0	Net Debt
Net Invested Capital	- 1.0	Net Debt
Non Currrent Assets Other	- 1.0	Net Debt
Non Current Assets Total	- 1.0	Net Debt
Net Debt	- 1.0	Total Stockholder Equity
Net Debt	- 1.0	Total Assets