FGI Other Current Liab from 2010 to 2024

FGI Stock  USD 0.82  0.03  3.80%   
FGI Industries' Other Current Liabilities is increasing with slightly volatile movements from year to year. Other Current Liabilities is predicted to flatten to about 2.4 M. For the period between 2010 and 2024, FGI Industries, Other Current Liabilities quarterly trend regression had mean deviation of  470,013 and range of 3.4 M. View All Fundamentals
 
Other Current Liabilities  
First Reported
2010-12-31
Previous Quarter
2.4 M
Current Value
2.4 M
Quarterly Volatility
854.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FGI Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FGI Industries' main balance sheet or income statement drivers, such as Tax Provision of 755.8 K, Interest Income of 15 K or Depreciation And Amortization of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.11 or PTB Ratio of 0.61. FGI financial statements analysis is a perfect complement when working with FGI Industries Valuation or Volatility modules.
  
Check out the analysis of FGI Industries Correlation against competitors.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.

Latest FGI Industries' Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of FGI Industries over the last few years. It is FGI Industries' Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FGI Industries' overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

FGI Other Current Liab Regression Statistics

Arithmetic Mean2,450,694
Geometric Mean2,363,822
Coefficient Of Variation34.87
Mean Deviation470,013
Median2,144,481
Standard Deviation854,574
Sample Variance730.3B
Range3.4M
R-Value0.35
Mean Square Error689.5B
R-Squared0.12
Significance0.20
Slope67,109
Total Sum of Squares10.2T

FGI Other Current Liab History

20242.4 M
20232.4 M
2022M
20215.4 M
2020M

About FGI Industries Financial Statements

Investors use fundamental indicators, such as FGI Industries' Other Current Liab, to determine how well the company is positioned to perform in the future. Although FGI Industries' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Liabilities2.4 M2.4 M

Currently Active Assets on Macroaxis

When determining whether FGI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FGI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fgi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fgi Industries Stock:
Check out the analysis of FGI Industries Correlation against competitors.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.
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.
Is Apparel, Accessories & Luxury Goods space 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 FGI Industries. If investors know FGI 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 FGI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.836
Earnings Share
(0.03)
Revenue Per Share
12.66
Quarterly Revenue Growth
0.006
Return On Assets
0.0089
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.