Futuretech Income Quality vs Free Cash Flow Per Share 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 Income Quality and its Free Cash Flow Per Share 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.

Income Quality vs Free Cash Flow Per Share

Income Quality vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futuretech II Acquisition Income Quality account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have pay attention.

The correlation between Futuretech's Income Quality and Free Cash Flow Per Share is -1.0. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Free Cash Flow Per Share 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 Income Quality and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Futuretech II Acquisition are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Income Quality i.e., Futuretech's Income Quality and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

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Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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 Income Quality vs Free Cash Flow Per Share Analysis

Income Quality vs Free Cash Flow Per Share

Income Quality vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Income Quality

Free Cash Flow Per Share

Futuretech fundamental ratios Correlations

Futuretech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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