FingerMotion Net Debt vs Total Current Assets Analysis

FNGR Stock

USD 3.00 0.11 3.54%

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 Net Debt and its Total Current 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 tightly coupled 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.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FingerMotion Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between FingerMotion's Net Debt and Total Current Assets is -0.63. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current 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 Net Debt and Total 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 Debt of FingerMotion are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., FingerMotion's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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 tightly coupled 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.As of 05/23/2024, Selling General Administrative is likely to drop to about 2.9 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 789.1 K

	2021	2022	2023	2024 (projected)
Gross Profit	2.8M	2.3M	965.8K	894.4K
Total Revenue	22.9M	34.1M	9.1M	9.3M

Gross Profit Total Revenue

FingerMotion fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Net Tangible Assets	Current Deferred Revenue	Accounts Payable	Other Stockholder Equity	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Short Long Term Debt	Property Plant And Equipment Net	Net Invested Capital
Total Assets		0.85	0.64	0.89	-0.63	-0.99	0.8	0.8	0.94	0.85	0.77	1.0	0.64	0.95	0.59	0.89	-0.86	0.5	0.99	0.78	0.96	0.73	0.88	0.7	0.9	0.92
Short Long Term Debt Total	0.85		0.43	0.78	-0.59	-0.82	0.83	0.83	0.75	0.59	0.62	0.85	0.74	0.79	0.39	0.78	-0.72	0.24	0.83	0.67	0.68	0.53	0.52	0.57	0.96	0.86
Total Current Liabilities	0.64	0.43		0.23	0.13	-0.67	0.1	0.1	0.81	0.7	0.97	0.64	0.73	0.76	0.92	0.23	-0.89	0.96	0.57	0.88	0.7	0.85	0.72	0.86	0.34	0.29
Total Stockholder Equity	0.89	0.78	0.23		-0.88	-0.87	0.93	0.93	0.71	0.68	0.39	0.89	0.32	0.76	0.2	1.0	-0.55	0.08	0.93	0.46	0.82	0.43	0.73	0.37	0.92	0.99
Net Debt	-0.63	-0.59	0.13	-0.88		0.56	-0.94	-0.94	-0.38	-0.54	-0.04	-0.63	-0.13	-0.41	0.0	-0.88	0.16	0.33	-0.67	-0.07	-0.5	0.04	-0.4	-0.04	-0.75	-0.85
Retained Earnings	-0.99	-0.82	-0.67	-0.87	0.56		-0.74	-0.74	-0.95	-0.81	-0.78	-0.99	-0.61	-0.97	-0.57	-0.86	0.89	-0.55	-0.99	-0.81	-0.97	-0.79	-0.91	-0.71	-0.88	-0.9
Cash	0.8	0.83	0.1	0.93	-0.94	-0.74		1.0	0.58	0.63	0.31	0.8	0.42	0.62	0.18	0.94	-0.42	-0.12	0.82	0.34	0.64	0.2	0.5	0.29	0.92	0.95
Cash And Short Term Investments	0.8	0.83	0.1	0.93	-0.94	-0.74	1.0		0.58	0.63	0.31	0.8	0.42	0.62	0.18	0.94	-0.42	-0.12	0.82	0.34	0.64	0.2	0.5	0.29	0.92	0.95
Common Stock Shares Outstanding	0.94	0.75	0.81	0.71	-0.38	-0.95	0.58	0.58		0.82	0.88	0.94	0.64	0.99	0.72	0.7	-0.95	0.71	0.9	0.84	0.92	0.87	0.87	0.73	0.75	0.75
Other Current Assets	0.85	0.59	0.7	0.68	-0.54	-0.81	0.63	0.63	0.82		0.77	0.86	0.63	0.77	0.79	0.68	-0.73	0.54	0.8	0.68	0.85	0.54	0.82	0.71	0.62	0.69
Total Liab	0.77	0.62	0.97	0.39	-0.04	-0.78	0.31	0.31	0.88	0.77		0.77	0.84	0.85	0.91	0.38	-0.95	0.88	0.7	0.93	0.77	0.85	0.75	0.9	0.53	0.47
Total Current Assets	1.0	0.85	0.64	0.89	-0.63	-0.99	0.8	0.8	0.94	0.86	0.77		0.64	0.95	0.59	0.89	-0.85	0.5	0.99	0.78	0.96	0.73	0.88	0.7	0.9	0.92
Short Term Debt	0.64	0.74	0.73	0.32	-0.13	-0.61	0.42	0.42	0.64	0.63	0.84	0.64		0.62	0.78	0.33	-0.76	0.57	0.57	0.83	0.53	0.53	0.44	0.86	0.59	0.44
Common Stock	0.95	0.79	0.76	0.76	-0.41	-0.97	0.62	0.62	0.99	0.77	0.85	0.95	0.62		0.64	0.75	-0.94	0.66	0.93	0.84	0.93	0.87	0.87	0.71	0.81	0.8
Other Current Liab	0.59	0.39	0.92	0.2	0.0	-0.57	0.18	0.18	0.72	0.79	0.91	0.59	0.78	0.64		0.2	-0.76	0.8	0.5	0.75	0.6	0.6	0.6	0.8	0.29	0.26
Net Tangible Assets	0.89	0.78	0.23	1.0	-0.88	-0.86	0.94	0.94	0.7	0.68	0.38	0.89	0.33	0.75	0.2		-0.55	0.07	0.92	0.46	0.82	0.42	0.73	0.37	0.92	0.99
Current Deferred Revenue	-0.86	-0.72	-0.89	-0.55	0.16	0.89	-0.42	-0.42	-0.95	-0.73	-0.95	-0.85	-0.76	-0.94	-0.76	-0.55		-0.81	-0.82	-0.95	-0.86	-0.92	-0.82	-0.87	-0.67	-0.62
Accounts Payable	0.5	0.24	0.96	0.08	0.33	-0.55	-0.12	-0.12	0.71	0.54	0.88	0.5	0.57	0.66	0.8	0.07	-0.81		0.43	0.83	0.62	0.88	0.68	0.79	0.16	0.13
Other Stockholder Equity	0.99	0.83	0.57	0.93	-0.67	-0.99	0.82	0.82	0.9	0.8	0.7	0.99	0.57	0.93	0.5	0.92	-0.82	0.43		0.75	0.95	0.7	0.88	0.66	0.92	0.95
Other Assets	0.78	0.67	0.88	0.46	-0.07	-0.81	0.34	0.34	0.84	0.68	0.93	0.78	0.83	0.84	0.75	0.46	-0.95	0.83	0.75		0.81	0.88	0.78	0.96	0.61	0.54
Long Term Debt	0.96	0.68	0.7	0.82	-0.5	-0.97	0.64	0.64	0.92	0.85	0.77	0.96	0.53	0.93	0.6	0.82	-0.86	0.62	0.95	0.81		0.81	0.98	0.75	0.77	0.83
Net Receivables	0.73	0.53	0.85	0.43	0.04	-0.79	0.2	0.2	0.87	0.54	0.85	0.73	0.53	0.87	0.6	0.42	-0.92	0.88	0.7	0.88	0.81		0.81	0.75	0.51	0.48
Non Current Liabilities Total	0.88	0.52	0.72	0.73	-0.4	-0.91	0.5	0.5	0.87	0.82	0.75	0.88	0.44	0.87	0.6	0.73	-0.82	0.68	0.88	0.78	0.98	0.81		0.73	0.63	0.72
Short Long Term Debt	0.7	0.57	0.86	0.37	-0.04	-0.71	0.29	0.29	0.73	0.71	0.9	0.7	0.86	0.71	0.8	0.37	-0.87	0.79	0.66	0.96	0.75	0.75	0.73		0.51	0.45
Property Plant And Equipment Net	0.9	0.96	0.34	0.92	-0.75	-0.88	0.92	0.92	0.75	0.62	0.53	0.9	0.59	0.81	0.29	0.92	-0.67	0.16	0.92	0.61	0.77	0.51	0.63	0.51		0.97
Net Invested Capital	0.92	0.86	0.29	0.99	-0.85	-0.9	0.95	0.95	0.75	0.69	0.47	0.92	0.44	0.8	0.26	0.99	-0.62	0.13	0.95	0.54	0.83	0.48	0.72	0.45	0.97

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FingerMotion Account Relationship Matchups

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When determining whether FingerMotion is a strong investment it is important to analyze FingerMotion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FingerMotion's future performance. For an informed investment choice regarding FingerMotion Stock, refer to the following important reports:

How To Invest In FingerMotion

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Is FingerMotion Stock a good investment?

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What is FingerMotion's Net Worth?

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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 tightly coupled 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.

Note that the FingerMotion information on this page should be used as a complementary analysis to other FingerMotion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.

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Is FingerMotion'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 FingerMotion. If investors know FingerMotion 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 FingerMotion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.10)

Revenue Per Share

0.796

Quarterly Revenue Growth

(0.46)

Return On Assets

(0.17)

Return On Equity

(0.43)

The market value of FingerMotion is measured differently than its book value, which is the value of FingerMotion that is recorded on the company's balance sheet. Investors also form their own opinion of FingerMotion's value that differs from its market value or its book value, called intrinsic value, which is FingerMotion'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 FingerMotion's market value can be influenced by many factors that don't directly affect FingerMotion'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 FingerMotion's value and its price as these two are different measures arrived at by different means. Investors typically determine if FingerMotion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FingerMotion'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.

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FingerMotion Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

FingerMotion fundamental ratios Correlations

FingerMotion Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for FingerMotion Stock analysis

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Total Current Assets	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding

Other Stockholder Equity	- 0.99	Retained Earnings
Total Current Assets	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Total Assets
Long Term Debt	- 0.97	Retained Earnings
Common Stock	- 0.97	Retained Earnings
Other Assets	- 0.95	Current Deferred Revenue