FingerMotion Property Plant And Equipment Net vs Cash Analysis

FNGR Stock  USD 2.86  0.10  3.62%   
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 Property Plant And Equipment Net and its Cash 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.

Property Plant And Equipment Net vs Cash

Property Plant And Equipment Net vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FingerMotion Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FingerMotion's Property Plant And Equipment Net and Cash is 0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of FingerMotion, assuming nothing else is changed. The correlation between historical values of FingerMotion's Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of FingerMotion are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., FingerMotion's Property Plant And Equipment Net and Cash go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash

Cash refers to the most liquid asset of FingerMotion, which is listed under current asset account on FingerMotion balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from FingerMotion customers. The amounts must be unrestricted with restricted cash listed in a different FingerMotion account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 06/20/2024, 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 Profit2.8M2.3M3.8M4.0M
Total Revenue22.9M34.1M35.8M37.6M

FingerMotion fundamental ratios Correlations

0.420.860.97-0.64-0.990.610.610.960.950.911.00.360.860.710.48-0.840.81.00.180.760.880.420.960.750.89
0.420.160.4-0.59-0.420.830.830.430.20.40.410.960.590.320.83-0.59-0.040.40.330.620.110.540.330.90.64
0.860.160.73-0.2-0.880.20.20.940.840.970.860.210.810.830.15-0.850.970.840.440.640.950.360.90.440.61
0.970.40.73-0.74-0.960.680.680.870.930.790.970.280.770.570.51-0.720.680.98-0.010.70.80.360.910.760.92
-0.64-0.59-0.2-0.740.59-0.94-0.94-0.49-0.64-0.35-0.64-0.45-0.5-0.35-0.790.38-0.06-0.640.31-0.6-0.21-0.41-0.44-0.78-0.82
-0.99-0.42-0.88-0.960.59-0.58-0.58-0.97-0.93-0.92-0.99-0.36-0.89-0.71-0.480.87-0.81-0.99-0.25-0.79-0.9-0.46-0.98-0.75-0.9
0.610.830.20.68-0.94-0.581.00.510.520.410.610.720.590.380.9-0.510.020.61-0.070.680.190.510.440.920.84
0.610.830.20.68-0.94-0.581.00.510.520.410.610.720.590.380.9-0.510.020.61-0.070.680.190.510.440.920.84
0.960.430.940.87-0.49-0.970.510.510.90.980.960.420.920.830.44-0.930.850.940.380.80.90.50.950.70.82
0.950.20.840.93-0.64-0.930.520.520.90.840.950.160.750.750.37-0.70.790.940.010.670.830.340.880.580.8
0.910.40.970.79-0.35-0.920.410.410.980.840.910.440.90.860.35-0.930.890.880.480.750.90.470.920.630.73
1.00.410.860.97-0.64-0.990.610.610.960.950.910.350.860.710.48-0.830.81.00.170.750.880.410.960.750.89
0.360.960.210.28-0.45-0.360.720.720.420.160.440.350.570.420.72-0.58-0.010.320.410.550.090.490.260.80.53
0.860.590.810.77-0.5-0.890.590.590.920.750.90.860.570.810.59-0.950.690.840.510.870.750.640.850.770.87
0.710.320.830.57-0.35-0.710.380.380.830.750.860.710.420.810.36-0.770.680.660.390.690.620.530.640.460.58
0.480.830.150.51-0.79-0.480.90.90.440.370.350.480.720.590.36-0.55-0.040.470.230.820.090.80.370.860.73
-0.84-0.59-0.85-0.720.380.87-0.51-0.51-0.93-0.7-0.93-0.83-0.58-0.95-0.77-0.55-0.74-0.82-0.64-0.86-0.79-0.66-0.87-0.75-0.76
0.8-0.040.970.68-0.06-0.810.020.020.850.790.890.8-0.010.690.68-0.04-0.740.790.390.50.970.220.880.270.5
1.00.40.840.98-0.64-0.990.610.610.940.940.881.00.320.840.660.47-0.820.790.150.750.880.40.960.740.9
0.180.330.44-0.010.31-0.25-0.07-0.070.380.010.480.170.410.510.390.23-0.640.390.150.540.340.640.340.230.11
0.760.620.640.7-0.6-0.790.680.680.80.670.750.750.550.870.690.82-0.860.50.750.540.560.910.750.790.8
0.880.110.950.8-0.21-0.90.190.190.90.830.90.880.090.750.620.09-0.790.970.880.340.560.240.960.440.64
0.420.540.360.36-0.41-0.460.510.510.50.340.470.410.490.640.530.8-0.660.220.40.640.910.240.430.570.52
0.960.330.90.91-0.44-0.980.440.440.950.880.920.960.260.850.640.37-0.870.880.960.340.750.960.430.660.81
0.750.90.440.76-0.78-0.750.920.920.70.580.630.750.80.770.460.86-0.750.270.740.230.790.440.570.660.89
0.890.640.610.92-0.82-0.90.840.840.820.80.730.890.530.870.580.73-0.760.50.90.110.80.640.520.810.89
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FingerMotion Account Relationship Matchups

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Additional Tools for FingerMotion Stock Analysis

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.