BitFuFu Net Working Capital vs Other Current Assets Analysis

FUFUW Stock   0.48  0.02  4.00%   
BitFuFu Warrant financial indicator trend analysis is way more than just evaluating BitFuFu Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Warrant is a good investment. Please check the relationship between BitFuFu Warrant Net Working Capital and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.

Net Working Capital vs Other Current Assets

JavaScript chart by amCharts 3.21.1520142016201820202022202405M10M15M20M25M30M35M 5M10M15M20M25M30M35M40M45M50M55M60M65M70M75M80M85M90M
JavaScript chart by amCharts 3.21.15Net Working Capitaltotal: 81.1MOther Current Assetstotal: 264.8M

Net Working Capital vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Warrant Net Working Capital account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
Net Working CapitalOther Current AssetsDiversified AwayNet Working CapitalOther Current AssetsDiversified Away100%
The correlation between BitFuFu Warrant's Net Working Capital and Other Current Assets is 0.74. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of BitFuFu Warrant, assuming nothing else is changed. The correlation between historical values of BitFuFu Warrant's Net Working Capital and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of BitFuFu Warrant are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Working Capital i.e., BitFuFu Warrant's Net Working Capital and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Working Capital

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from BitFuFu Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Warrant 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 BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.Tax Provision is likely to climb to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.0M36.2M12.7M16.0M
Total Revenue103.0M198.2M284.1M161.3M

BitFuFu Warrant fundamental ratios Correlations

0.630.970.510.450.94-0.050.960.670.080.970.980.970.830.990.130.94-0.97-0.120.970.920.30.92
0.630.420.970.050.34-0.250.530.280.790.440.610.430.90.510.830.85-0.44-0.830.430.88-0.540.44
0.970.420.290.461.0-0.040.950.66-0.171.00.941.00.690.99-0.110.83-1.00.121.00.790.520.95
0.510.970.290.120.2-0.10.40.280.890.30.530.290.810.40.920.77-0.3-0.920.30.81-0.670.26
0.450.050.460.120.470.870.590.95-0.050.460.610.460.330.55-0.070.38-0.470.070.470.360.260.46
0.940.341.00.20.47-0.010.940.66-0.250.990.911.00.630.97-0.20.78-0.990.210.990.740.60.94
-0.05-0.25-0.04-0.10.87-0.010.110.68-0.04-0.030.15-0.03-0.080.06-0.09-0.080.030.09-0.03-0.080.07-0.03
0.960.530.950.40.590.940.110.8-0.010.950.960.950.820.970.030.87-0.96-0.030.950.850.370.98
0.670.280.660.280.950.660.680.80.030.660.80.660.590.740.030.61-0.68-0.020.670.60.260.7
0.080.79-0.170.89-0.05-0.25-0.04-0.010.03-0.150.12-0.160.53-0.041.00.410.15-1.0-0.160.47-0.93-0.15
0.970.441.00.30.460.99-0.030.950.66-0.150.941.00.70.99-0.10.84-1.00.11.00.80.510.95
0.980.610.940.530.610.910.150.960.80.120.940.940.830.980.160.93-0.94-0.160.940.910.260.89
0.970.431.00.290.461.0-0.030.950.66-0.161.00.940.690.99-0.110.83-1.00.121.00.80.520.95
0.830.90.690.810.330.63-0.080.820.590.530.70.830.690.760.570.94-0.71-0.570.70.95-0.20.76
0.990.510.990.40.550.970.060.970.74-0.040.990.980.990.760.00.89-0.990.00.990.850.420.94
0.130.83-0.110.92-0.07-0.2-0.090.030.031.0-0.10.16-0.110.570.00.460.1-1.0-0.10.51-0.91-0.1
0.940.850.830.770.380.78-0.080.870.610.410.840.930.830.940.890.46-0.84-0.450.841.0-0.040.79
-0.97-0.44-1.0-0.3-0.47-0.990.03-0.96-0.680.15-1.0-0.94-1.0-0.71-0.990.1-0.84-0.1-1.0-0.8-0.51-0.96
-0.12-0.830.12-0.920.070.210.09-0.03-0.02-1.00.1-0.160.12-0.570.0-1.0-0.45-0.10.11-0.510.910.1
0.970.431.00.30.470.99-0.030.950.67-0.161.00.941.00.70.99-0.10.84-1.00.110.80.510.95
0.920.880.790.810.360.74-0.080.850.60.470.80.910.80.950.850.511.0-0.8-0.510.8-0.110.76
0.3-0.540.52-0.670.260.60.070.370.26-0.930.510.260.52-0.20.42-0.91-0.04-0.510.910.51-0.110.49
0.920.440.950.260.460.94-0.030.980.7-0.150.950.890.950.760.94-0.10.79-0.960.10.950.760.49
Click cells to compare fundamentals

BitFuFu Warrant Account Relationship Matchups

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