Futuretech Free Cash Flow Yield vs Debt To Equity 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 Free Cash Flow Yield and its Debt To Equity 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.

Free Cash Flow Yield vs Debt To Equity

Free Cash Flow Yield vs Debt To Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futuretech II Acquisition Free Cash Flow Yield account and Debt To Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Futuretech's Free Cash Flow Yield and Debt To Equity is 0.78. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Debt To Equity 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 Free Cash Flow Yield and Debt To Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Futuretech II Acquisition are associated (or correlated) with its Debt To Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Debt To Equity has no effect on the direction of Free Cash Flow Yield i.e., Futuretech's Free Cash Flow Yield and Debt To Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Debt To Equity

A measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets.
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 Income1.7M4.8M3.6M
Tax Provision310.3K979.3K709.3K

Futuretech fundamental ratios Correlations

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Futuretech Account Relationship Matchups

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Additional Tools for Futuretech Stock Analysis

When running Futuretech's price analysis, check to measure Futuretech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Futuretech is operating at the current time. Most of Futuretech's value examination focuses on studying past and present price action to predict the probability of Futuretech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futuretech's price. Additionally, you may evaluate how the addition of Futuretech to your portfolios can decrease your overall portfolio volatility.