FTC Retained Earnings vs Total Current Liabilities Analysis
| FTCI Stock | USD 0.51 0 0.78% |
FTC Solar financial indicator trend analysis is much more than just examining FTC Solar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FTC Solar is a good investment. Please check the relationship between FTC Solar Retained Earnings and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTC Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.
Retained Earnings vs Total Current Liabilities
Retained Earnings vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTC Solar Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between FTC Solar's Retained Earnings and Total Current Liabilities is -0.68. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of FTC Solar, assuming nothing else is changed. The correlation between historical values of FTC Solar's Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of FTC Solar are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., FTC Solar's Retained Earnings and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Current Liabilities
Total Current Liabilities is an item on FTC Solar balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FTC Solar are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from FTC Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FTC Solar 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 FTC Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.As of now, FTC Solar's Tax Provision is increasing as compared to previous years. The FTC Solar's current Selling General Administrative is estimated to increase to about 40.3 M, while Issuance Of Capital Stock is projected to decrease to under 32.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 94.3M | 72.3M | 58.3M | 56.3M | Cost Of Revenue | 303.1M | 150.3M | 119.5M | 178.6M |
FTC Solar fundamental ratios Correlations
Click cells to compare fundamentals
FTC Solar 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 FTC Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.Note that the FTC Solar information on this page should be used as a complementary analysis to other FTC Solar'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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When running FTC Solar's price analysis, check to measure FTC Solar'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 FTC Solar is operating at the current time. Most of FTC Solar's value examination focuses on studying past and present price action to predict the probability of FTC Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTC Solar's price. Additionally, you may evaluate how the addition of FTC Solar to your portfolios can decrease your overall portfolio volatility.
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Is FTC Solar'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 FTC Solar. If investors know FTC 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 FTC Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 0.821 | Quarterly Revenue Growth (0.69) | Return On Assets (0.23) | Return On Equity (0.75) |
The market value of FTC Solar is measured differently than its book value, which is the value of FTC that is recorded on the company's balance sheet. Investors also form their own opinion of FTC Solar's value that differs from its market value or its book value, called intrinsic value, which is FTC Solar'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 FTC Solar's market value can be influenced by many factors that don't directly affect FTC Solar'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 FTC Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTC Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTC Solar'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.