FingerMotion Net Working Capital vs Total Liab Analysis
FNGR Stock | USD 3.11 0.16 5.42% |
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 Working Capital and its Total Liab 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 Working Capital vs Total Liab
Net Working Capital vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FingerMotion Net Working Capital account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between FingerMotion's Net Working Capital and Total Liab is 0.46. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Liab 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 Working Capital and Total Liab 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 Working Capital of FingerMotion are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Working Capital i.e., FingerMotion's Net Working Capital and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Working Capital
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 05/28/2024, 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 |
FingerMotion fundamental ratios Correlations
Click cells to compare fundamentals
FingerMotion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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.