Futura Other Current Liab vs Net Receivables Analysis

FUM Stock

14.00 0.39 2.71%

Futura Medical financial indicator trend analysis is much more than just examining Futura Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Futura Medical is a good investment. Please check the relationship between Futura Medical Other Current Liab and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futura Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Other Current Liab vs Net Receivables

Other Current Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futura Medical Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Futura Medical's Other Current Liab and Net Receivables is -0.27. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Futura Medical, assuming nothing else is changed. The correlation between historical values of Futura Medical's Other Current Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Futura Medical are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., Futura Medical's Other Current Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

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Other Current Liab

Net Receivables

Most indicators from Futura Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Futura Medical 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 Futura Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 8.1 M, whereas Tax Provision is forecasted to decline to (457.7 K).

Futura Medical fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Net Receivables	Property Plant Equipment	Other Liab	Inventory
Total Assets		-0.49	0.59	0.6	0.79	0.59	-0.9	-0.57	0.36	0.96	0.59	0.3	0.96	0.57	0.55	-0.1	0.61	0.74	0.58	0.6	0.98	0.61	0.04	0.6	-0.49	0.07
Short Long Term Debt Total	-0.49		-0.77	-0.73	0.02	-0.77	0.11	0.34	-0.29	-0.31	-0.77	-0.09	-0.31	-0.53	-0.61	0.26	-0.61	-0.58	-0.73	-0.77	-0.35	-0.59	0.34	-0.61	1.0	0.23
Other Current Liab	0.59	-0.77		0.98	-0.01	0.96	-0.19	-0.67	0.53	0.34	0.96	0.19	0.34	0.74	0.83	-0.15	0.69	0.79	0.98	0.96	0.42	0.8	-0.27	0.81	-0.77	-0.39
Total Current Liabilities	0.6	-0.73	0.98		-0.01	0.9	-0.21	-0.71	0.7	0.35	0.9	0.23	0.35	0.77	0.83	0.06	0.65	0.81	1.0	0.9	0.45	0.82	-0.08	0.77	-0.73	-0.4
Total Stockholder Equity	0.79	0.02	-0.01	-0.01		0.04	-0.96	-0.21	-0.06	0.92	0.04	0.21	0.92	0.14	0.07	-0.14	0.26	0.32	-0.03	0.05	0.88	0.14	0.16	0.15	0.02	0.38
Property Plant And Equipment Net	0.59	-0.77	0.96	0.9	0.04		-0.2	-0.66	0.33	0.36	1.0	0.15	0.36	0.72	0.83	-0.34	0.69	0.79	0.9	1.0	0.41	0.8	-0.41	0.89	-0.77	-0.38
Net Debt	-0.9	0.11	-0.19	-0.21	-0.96	-0.2		0.35	-0.16	-0.98	-0.2	-0.26	-0.98	-0.3	-0.23	0.04	-0.36	-0.47	-0.2	-0.21	-0.96	-0.3	-0.17	-0.28	0.11	-0.27
Retained Earnings	-0.57	0.34	-0.67	-0.71	-0.21	-0.66	0.35		-0.54	-0.4	-0.66	-0.35	-0.4	-0.96	-0.93	-0.09	-0.36	-0.95	-0.69	-0.66	-0.48	-0.94	-0.2	-0.77	0.34	0.39
Accounts Payable	0.36	-0.29	0.53	0.7	-0.06	0.33	-0.16	-0.54		0.21	0.33	0.25	0.21	0.57	0.5	0.74	0.27	0.52	0.7	0.33	0.32	0.53	0.55	0.34	-0.29	-0.28
Cash	0.96	-0.31	0.34	0.35	0.92	0.36	-0.98	-0.4	0.21		0.36	0.27	1.0	0.39	0.34	-0.09	0.47	0.56	0.34	0.36	0.99	0.41	0.09	0.4	-0.31	0.2
Non Current Assets Total	0.59	-0.77	0.96	0.9	0.04	1.0	-0.2	-0.66	0.33	0.36		0.15	0.36	0.72	0.83	-0.34	0.69	0.79	0.9	1.0	0.41	0.8	-0.41	0.89	-0.77	-0.38
Non Currrent Assets Other	0.3	-0.09	0.19	0.23	0.21	0.15	-0.26	-0.35	0.25	0.27	0.15		0.27	0.32	0.28	0.17	0.17	0.35	0.23	0.15	0.3	0.3	0.34	0.2	-0.09	0.15
Cash And Short Term Investments	0.96	-0.31	0.34	0.35	0.92	0.36	-0.98	-0.4	0.21	1.0	0.36	0.27		0.39	0.34	-0.09	0.47	0.56	0.34	0.36	0.99	0.41	0.09	0.4	-0.31	0.2
Common Stock Total Equity	0.57	-0.53	0.74	0.77	0.14	0.72	-0.3	-0.96	0.57	0.39	0.72	0.32	0.39		0.96	0.08	0.42	0.96	0.76	0.72	0.46	0.99	0.12	0.8	-0.53	-0.49
Common Stock Shares Outstanding	0.55	-0.61	0.83	0.83	0.07	0.83	-0.23	-0.93	0.5	0.34	0.83	0.28	0.34	0.96		-0.05	0.43	0.95	0.82	0.84	0.41	0.99	-0.06	0.9	-0.61	-0.48
Non Current Liabilities Total	-0.1	0.26	-0.15	0.06	-0.14	-0.34	0.04	-0.09	0.74	-0.09	-0.34	0.17	-0.09	0.08	-0.05		-0.29	-0.02	0.07	-0.34	-0.02	0.0	0.84	-0.2	0.26	-0.09
Other Current Assets	0.61	-0.61	0.69	0.65	0.26	0.69	-0.36	-0.36	0.27	0.47	0.69	0.17	0.47	0.42	0.43	-0.29		0.53	0.64	0.68	0.52	0.47	-0.19	0.46	-0.61	0.02
Other Stockholder Equity	0.74	-0.58	0.79	0.81	0.32	0.79	-0.47	-0.95	0.52	0.56	0.79	0.35	0.56	0.96	0.95	-0.02	0.53		0.79	0.79	0.63	0.97	0.08	0.85	-0.58	-0.33
Total Liab	0.58	-0.73	0.98	1.0	-0.03	0.9	-0.2	-0.69	0.7	0.34	0.9	0.23	0.34	0.76	0.82	0.07	0.64	0.79		0.9	0.43	0.81	-0.1	0.77	-0.73	-0.41
Property Plant And Equipment Gross	0.6	-0.77	0.96	0.9	0.05	1.0	-0.21	-0.66	0.33	0.36	1.0	0.15	0.36	0.72	0.84	-0.34	0.68	0.79	0.9		0.42	0.81	-0.4	0.9	-0.77	-0.38
Total Current Assets	0.98	-0.35	0.42	0.45	0.88	0.41	-0.96	-0.48	0.32	0.99	0.41	0.3	0.99	0.46	0.41	-0.02	0.52	0.63	0.43	0.42		0.48	0.16	0.45	-0.35	0.17
Common Stock	0.61	-0.59	0.8	0.82	0.14	0.8	-0.3	-0.94	0.53	0.41	0.8	0.3	0.41	0.99	0.99	0.0	0.47	0.97	0.81	0.81	0.48		0.01	0.88	-0.59	-0.49
Net Receivables	0.04	0.34	-0.27	-0.08	0.16	-0.41	-0.17	-0.2	0.55	0.09	-0.41	0.34	0.09	0.12	-0.06	0.84	-0.19	0.08	-0.1	-0.4	0.16	0.01		-0.24	0.34	0.14
Property Plant Equipment	0.6	-0.61	0.81	0.77	0.15	0.89	-0.28	-0.77	0.34	0.4	0.89	0.2	0.4	0.8	0.9	-0.2	0.46	0.85	0.77	0.9	0.45	0.88	-0.24		-0.61	-0.46
Other Liab	-0.49	1.0	-0.77	-0.73	0.02	-0.77	0.11	0.34	-0.29	-0.31	-0.77	-0.09	-0.31	-0.53	-0.61	0.26	-0.61	-0.58	-0.73	-0.77	-0.35	-0.59	0.34	-0.61		0.23
Inventory	0.07	0.23	-0.39	-0.4	0.38	-0.38	-0.27	0.39	-0.28	0.2	-0.38	0.15	0.2	-0.49	-0.48	-0.09	0.02	-0.33	-0.41	-0.38	0.17	-0.49	0.14	-0.46	0.23

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Futura Medical Account Relationship Matchups

Futura Medical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.6M	11.8M	6.5M	11.8M	13.6M	14.3M
Other Current Liab	519.5K	815.0K	1.4M	5.3M	6.1M	6.4M
Total Current Liabilities	766.5K	2.1M	1.8M	6.3M	7.3M	7.7M
Total Stockholder Equity	853.5K	9.7M	4.7M	5.5M	6.3M	4.3M
Property Plant And Equipment Net	42.9K	442.7K	1.2M	2.5M	2.9M	3.0M
Net Debt	(1.0M)	(10.4M)	(4.0M)	(7.7M)	(6.9M)	(6.6M)
Retained Earnings	(53.8M)	(58.5M)	(63.7M)	(67.3M)	(60.6M)	(57.6M)
Accounts Payable	182.9K	981.4K	316.2K	1.0M	1.2M	1.2M
Cash	1.0M	10.4M	4.0M	7.7M	8.9M	9.3M
Non Current Assets Total	42.9K	442.7K	1.2M	2.5M	2.9M	3.0M
Cash And Short Term Investments	1.0M	10.4M	4.0M	7.7M	8.9M	9.3M
Common Stock Shares Outstanding	243.7M	271.0M	287.5M	301.4M	346.6M	363.9M
Liabilities And Stockholders Equity	1.6M	11.8M	6.5M	11.8M	13.6M	14.3M
Non Current Liabilities Total	1.2M	2.6M	182.9K	981.4K	316.2K	0.0
Other Current Assets	23.7K	71.7K	195.6K	1.6M	1.9M	2.0M
Other Stockholder Equity	52.8M	66.4M	67.7M	72.2M	83.1M	87.2M
Total Liab	766.5K	2.1M	1.8M	6.3M	7.3M	7.7M
Property Plant And Equipment Gross	42.9K	610.6K	1.3M	2.8M	3.2M	3.4M
Total Current Assets	1.6M	11.4M	5.3M	9.3M	10.7M	11.3M
Common Stock	491.3K	574.3K	576.1K	602.8K	693.2K	727.9K
Net Receivables	534.9K	915.9K	1.1M	92.5K	106.3K	101.0K
Property Plant Equipment	47.5K	59.5K	42.9K	442.7K	509.1K	534.5K
Net Tangible Assets	8.9M	53.7K	853.5K	9.7M	8.8M	5.0M
Net Invested Capital	853.5K	9.7M	4.7M	5.5M	4.9M	4.4M
Net Working Capital	810.7K	9.3M	3.6M	3.0M	2.7M	3.9M
Capital Stock	491.3K	574.3K	576.1K	602.8K	693.2K	561.5K

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CSX	CSX Corporation
ETON	Eton Pharmaceuticals
ALLT	Allot Communications

Other Information on Investing in Futura Stock

Balance Sheet is a snapshot of the financial position of Futura Medical at a specified time, usually calculated after every quarter, six months, or one year. Futura Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Futura Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Futura currently owns. An asset can also be divided into two categories, current and non-current.

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Futura Other Current Liab vs Net Receivables Analysis

Other Current Liab vs Net Receivables

Other Current Liab vs Net Receivables Correlation Analysis

Correlation Coefficient

Other Current Liab

Net Receivables

Futura Medical fundamental ratios Correlations

Futura Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Futura Medical fundamental ratios Accounts

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Other Information on Investing in Futura Stock

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Other Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Common Stock Total Equity	- 0.96	Retained Earnings
Total Current Assets	- 0.96	Net Debt
Net Debt	- 0.96	Total Stockholder Equity
Other Stockholder Equity	- 0.95	Retained Earnings