FingerMotion Common Stock vs Total Assets Analysis
| FNGR Stock | USD 3.05 0.10 3.39% |
FingerMotion financial indicator trend analysis is much more than just examining FingerMotion latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FingerMotion is a good investment. Please check the relationship between FingerMotion Common Stock and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FingerMotion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in FingerMotion Stock, please use our How to Invest in FingerMotion guide.
Common Stock vs Total Assets
Common Stock vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FingerMotion Common Stock account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between FingerMotion's Common Stock and Total Assets is 0.86. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of FingerMotion, assuming nothing else is changed. The correlation between historical values of FingerMotion's Common Stock and Total 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 Common Stock of FingerMotion are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., FingerMotion's Common Stock and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Common Stock
Total Assets
Total assets refers to the total amount of FingerMotion assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in FingerMotion books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from FingerMotion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FingerMotion 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 FingerMotion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in FingerMotion Stock, please use our How to Invest in FingerMotion guide.At this time, FingerMotion's Selling General Administrative is relatively stable compared to the past year. As of 06/06/2024, Enterprise Value is likely to grow to about 144.7 M, while Issuance Of Capital Stock is likely to drop slightly above 798 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8M | 2.3M | 3.8M | 4.0M | Total Revenue | 22.9M | 34.1M | 35.8M | 37.6M |
FingerMotion fundamental ratios Correlations
Click cells to compare fundamentals
FingerMotion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running FingerMotion's price analysis, check to measure FingerMotion'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 FingerMotion is operating at the current time. Most of FingerMotion's value examination focuses on studying past and present price action to predict the probability of FingerMotion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FingerMotion's price. Additionally, you may evaluate how the addition of FingerMotion to your portfolios can decrease your overall portfolio volatility.