Full Total Current Assets vs Short Term Investments Analysis
YMM Stock | USD 9.97 0.02 0.20% |
Full Truck financial indicator trend analysis is much more than just examining Full Truck Alliance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Full Truck Alliance is a good investment. Please check the relationship between Full Truck Total Current Assets and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Full Truck Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Total Current Assets vs Short Term Investments
Total Current Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Full Truck Alliance Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Full Truck's Total Current Assets and Short Term Investments is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Full Truck Alliance, assuming nothing else is changed. The correlation between historical values of Full Truck's Total Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Full Truck Alliance are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Full Truck's Total Current Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Short Term Investments
Short Term Investments is an item under the current assets section of Full Truck balance sheet. It contains any investments Full Truck Alliance undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Full Truck Alliance can easily liquidate in the marketplace.Most indicators from Full Truck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Full Truck Alliance 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Full Truck Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Full Truck's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 21.08, while Selling General Administrative is likely to drop about 890.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 260.1M | 439.3M | 1.1B | 1.2B | Net Interest Income | 234.6M | 483.5M | 1.1B | 1.2B |
Full Truck fundamental ratios Correlations
Click cells to compare fundamentals
Full Truck Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Full Truck Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Full Truck. If investors know Full will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Full Truck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.384 | Earnings Share 0.39 | Revenue Per Share 9.282 | Quarterly Revenue Growth 0.341 | Return On Assets 0.0232 |
The market value of Full Truck Alliance is measured differently than its book value, which is the value of Full that is recorded on the company's balance sheet. Investors also form their own opinion of Full Truck's value that differs from its market value or its book value, called intrinsic value, which is Full Truck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Full Truck's market value can be influenced by many factors that don't directly affect Full Truck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Full Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Full Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Full Truck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.