Farmmi Other Assets vs Accounts Payable Analysis
FAMI Stock | USD 0.83 0.01 1.22% |
Farmmi financial indicator trend analysis is much more than just examining Farmmi Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Farmmi Inc is a good investment. Please check the relationship between Farmmi Other Assets and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Other Assets vs Accounts Payable
Other Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Farmmi Inc Other Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Farmmi's Other Assets and Accounts Payable is -0.13. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Farmmi Inc, assuming nothing else is changed. The correlation between historical values of Farmmi's Other Assets and Accounts Payable 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 Assets of Farmmi Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Assets i.e., Farmmi's Other Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Accounts Payable
An accounting item on the balance sheet that represents Farmmi obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Farmmi Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Farmmi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Farmmi Inc 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 Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. As of now, Farmmi's Tax Provision is decreasing as compared to previous years. The Farmmi's current Sales General And Administrative To Revenue is estimated to increase to 0.03, while Discontinued Operations is projected to decrease to (46.7 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.4M | 4.3M | 4.9M | 4.9M | Total Revenue | 99.2M | 110.4M | 126.9M | 133.3M |
Farmmi fundamental ratios Correlations
Click cells to compare fundamentals
Farmmi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Farmmi fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.2M | 165.7M | 163.8M | 174.8M | 201.0M | 211.1M | |
Short Long Term Debt Total | 6.1M | 3.1M | 4.6M | 11.1M | 12.7M | 13.4M | |
Other Current Liab | 807.0K | 1.7M | 4.3M | 627.1K | 721.2K | 685.1K | |
Total Current Liabilities | 8.4M | 4.1M | 8.3M | 10.7M | 12.3M | 7.0M | |
Total Stockholder Equity | 28.3M | 159.9M | 154.7M | 162.0M | 186.3M | 195.6M | |
Net Tangible Assets | 21.5M | 28.2M | 159.8M | 154.7M | 177.9M | 186.8M | |
Property Plant And Equipment Net | 1.1M | 856.1K | 579.2K | 541.0K | 622.1K | 436.7K | |
Current Deferred Revenue | 5.9K | 1.7M | 57.6K | 33.8K | 30.4K | 28.9K | |
Net Debt | 5.6M | (56.2M) | (36.6M) | (1.7M) | (1.6M) | (1.6M) | |
Retained Earnings | 6.8M | 9.1M | 14.9M | 16.9M | 19.4M | 20.4M | |
Accounts Payable | 413.3K | 56.5K | 197.1K | 1.1M | 995.1K | 1.0M | |
Cash | 548.2K | 59.3M | 41.2M | 12.8M | 14.7M | 14.9M | |
Non Current Assets Total | 1.2M | 10.4M | 10.5M | 16.6M | 19.1M | 20.1M | |
Non Currrent Assets Other | 80.6K | 9.5M | 9.6M | 9.2M | 10.6M | 11.1M | |
Cash And Short Term Investments | 548.2K | 62.0M | 76.3M | 12.8M | 14.7M | 19.5M | |
Net Receivables | 10.8M | 24.5M | 19.9M | 24.8M | 28.5M | 14.9M | |
Common Stock Shares Outstanding | 649.8K | 4.2M | 23.2M | 8.5M | 9.7M | 10.2M | |
Liabilities And Stockholders Equity | 38.2M | 165.7M | 163.8M | 174.8M | 201.0M | 211.1M | |
Non Current Liabilities Total | 669.2K | 748.1K | 809.4K | 2.1M | 2.4M | 1.3M | |
Inventory | 583.6K | 1.4M | 716.3K | 3.9M | 4.5M | 4.7M | |
Other Current Assets | 143.4K | 490.7K | 206.6K | 347.2K | 399.3K | 230.2K | |
Other Stockholder Equity | 20.3M | 147.1M | 152.2M | 160.6M | 184.7M | 193.9M | |
Total Liab | 9.0M | 4.9M | 9.1M | 12.8M | 14.7M | 7.7M | |
Property Plant And Equipment Gross | 1.1M | 922.6K | 668.3K | 646.9K | 744.0K | 468.7K | |
Short Long Term Debt | 5.3M | 2.2M | 3.7M | 8.9M | 8.0M | 5.0M | |
Total Current Assets | 37.0M | 155.3M | 153.3M | 158.2M | 181.9M | 191.0M | |
Accumulated Other Comprehensive Income | 1.2M | 3.1M | (13.0M) | (16.7M) | (15.0M) | (14.3M) | |
Short Term Debt | 5.4M | 2.3M | 3.7M | 8.9M | 10.3M | 10.8M | |
Intangible Assets | 38.1K | 80.6K | 40.1K | 6.7K | 7.8K | 7.4K | |
Common Stock | 20.5K | 557.8K | 597.7K | 1.2M | 1.4M | 1.5M | |
Property Plant Equipment | 139.5K | 1.1M | 856.1K | 579.2K | 666.1K | 420.3K | |
Net Invested Capital | 33.6M | 162.2M | 158.7M | 172.5M | 198.4M | 208.3M | |
Net Working Capital | 28.7M | 151.2M | 145.0M | 147.5M | 169.6M | 178.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Farmmi in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Farmmi's short interest history, or implied volatility extrapolated from Farmmi options trading.
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Farmmi Stock analysis
When running Farmmi's price analysis, check to measure Farmmi'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 Farmmi is operating at the current time. Most of Farmmi's value examination focuses on studying past and present price action to predict the probability of Farmmi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farmmi's price. Additionally, you may evaluate how the addition of Farmmi to your portfolios can decrease your overall portfolio volatility.
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
CEOs Directory Screen CEOs from public companies around the world | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is Farmmi's industry 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 Farmmi. If investors know Farmmi 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 Farmmi 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 (0.91) | Earnings Share 2.4 | Revenue Per Share 30.413 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0075 |
The market value of Farmmi Inc is measured differently than its book value, which is the value of Farmmi that is recorded on the company's balance sheet. Investors also form their own opinion of Farmmi's value that differs from its market value or its book value, called intrinsic value, which is Farmmi'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 Farmmi's market value can be influenced by many factors that don't directly affect Farmmi'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 Farmmi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmmi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmmi'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.