Farmmi Accounts Payable vs Total Current Liabilities Analysis

FAMI Stock  USD 0.29  0.03  11.54%   
Farmmi financial indicator trend analysis is much more than just examining Farmmi Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Farmmi Inc is a good investment. Please check the relationship between Farmmi Accounts Payable and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Farmmi Inc Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Farmmi's Accounts Payable and Total Current Liabilities is 0.29. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Farmmi Inc, assuming nothing else is changed. The correlation between historical values of Farmmi's Accounts Payable 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 Accounts Payable of Farmmi Inc 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 Accounts Payable i.e., Farmmi's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Farmmi obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Farmmi Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Farmmi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Farmmi Inc 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 Farmmi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Farmmi Inc 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 Farmmi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of now, Farmmi's Tax Provision is decreasing as compared to previous years. The Farmmi's current Sales General And Administrative To Revenue is estimated to increase to 0.03, while Discontinued Operations is projected to decrease to (46.7 K).
 2021 2022 2023 2024 (projected)
Interest Expense134.1K2.3M2.7M2.8M
Depreciation And Amortization367.9K289.6K333.0K349.6K

Farmmi fundamental ratios Correlations

0.680.150.471.01.00.64-0.24-0.550.93-0.130.70.980.991.00.590.660.90.050.780.10.270.820.630.951.0
0.68-0.110.740.660.640.31-0.160.190.670.440.00.810.640.670.88-0.020.480.020.40.120.320.490.880.850.69
0.15-0.110.310.150.160.580.33-0.30.22-0.590.290.010.120.12-0.430.420.34-0.420.390.140.310.49-0.47-0.010.13
0.470.740.310.450.440.36-0.050.160.450.29-0.010.530.440.460.460.040.56-0.250.430.160.490.40.460.550.47
1.00.660.150.451.00.64-0.25-0.570.93-0.150.710.971.01.00.580.680.910.060.780.10.260.820.610.941.0
1.00.640.160.441.00.65-0.25-0.590.92-0.160.730.961.01.00.560.70.910.060.780.10.260.820.590.931.0
0.640.310.580.360.640.650.39-0.520.62-0.520.590.540.590.60.070.530.670.070.440.150.070.760.050.580.61
-0.24-0.160.33-0.05-0.25-0.250.390.19-0.11-0.5-0.23-0.28-0.31-0.29-0.41-0.22-0.230.17-0.24-0.5-0.30.06-0.39-0.18-0.27
-0.550.19-0.30.16-0.57-0.59-0.520.19-0.370.52-0.98-0.37-0.6-0.570.22-0.94-0.64-0.09-0.54-0.060.1-0.430.19-0.29-0.54
0.930.670.220.450.930.920.62-0.11-0.37-0.270.510.920.90.910.60.510.84-0.030.740.080.390.910.620.910.92
-0.130.44-0.590.29-0.15-0.16-0.52-0.50.52-0.27-0.450.04-0.11-0.090.55-0.45-0.270.15-0.170.25-0.08-0.510.490.04-0.1
0.70.00.29-0.010.710.730.59-0.23-0.980.51-0.450.540.740.72-0.040.950.750.090.630.09-0.040.54-0.010.470.69
0.980.810.010.530.970.960.54-0.28-0.370.920.040.540.960.970.740.50.830.080.710.10.290.760.770.990.98
0.990.640.120.441.01.00.59-0.31-0.60.9-0.110.740.961.00.570.710.910.070.80.10.240.770.60.921.0
1.00.670.120.461.01.00.6-0.29-0.570.91-0.090.720.971.00.590.690.90.080.80.110.240.780.620.941.0
0.590.88-0.430.460.580.560.07-0.410.220.60.55-0.040.740.570.59-0.090.350.210.310.290.220.320.960.770.61
0.66-0.020.420.040.680.70.53-0.22-0.940.51-0.450.950.50.710.69-0.090.740.090.790.07-0.060.51-0.10.40.67
0.90.480.340.560.910.910.67-0.23-0.640.84-0.270.750.830.910.90.350.74-0.110.790.150.390.80.380.790.9
0.050.02-0.42-0.250.060.060.070.17-0.09-0.030.150.090.080.070.080.210.09-0.110.080.0-0.73-0.290.070.10.07
0.780.40.390.430.780.780.44-0.24-0.540.74-0.170.630.710.80.80.310.790.790.080.080.110.590.250.620.79
0.10.120.140.160.10.10.15-0.5-0.060.080.250.090.10.10.110.290.070.150.00.080.260.080.10.10.1
0.270.320.310.490.260.260.07-0.30.10.39-0.08-0.040.290.240.240.22-0.060.39-0.730.110.260.510.320.290.26
0.820.490.490.40.820.820.760.06-0.430.91-0.510.540.760.770.780.320.510.8-0.290.590.080.510.380.760.8
0.630.88-0.470.460.610.590.05-0.390.190.620.49-0.010.770.60.620.96-0.10.380.070.250.10.320.380.80.63
0.950.85-0.010.550.940.930.58-0.18-0.290.910.040.470.990.920.940.770.40.790.10.620.10.290.760.80.95
1.00.690.130.471.01.00.61-0.27-0.540.92-0.10.690.981.01.00.610.670.90.070.790.10.260.80.630.95
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Farmmi Account Relationship Matchups

Farmmi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.2M165.7M163.8M174.8M201.0M211.1M
Short Long Term Debt Total6.1M3.1M4.6M11.1M12.7M13.4M
Other Current Liab4.4M1.6M4.3M660.9K760.1K722.1K
Total Current Liabilities8.4M4.1M8.3M10.7M12.3M7.0M
Total Stockholder Equity28.3M159.9M154.7M162.0M186.3M195.6M
Net Tangible Assets21.5M28.2M159.8M154.7M177.9M186.8M
Property Plant And Equipment Net1.1M856.1K579.2K541.0K622.1K436.7K
Current Deferred Revenue5.9K1.7M57.6K33.8K30.4K28.9K
Net Debt5.6M(56.2M)(36.6M)(1.7M)(1.6M)(1.6M)
Retained Earnings6.8M9.1M14.9M16.9M19.4M20.4M
Accounts Payable16.7K56.5K197.1K1.1M995.1K1.0M
Cash548.2K59.3M41.2M12.8M14.7M14.9M
Non Current Assets Total1.2M10.4M10.5M16.6M19.1M20.1M
Non Currrent Assets Other80.6K9.5M9.6M9.2M10.6M11.1M
Cash And Short Term Investments548.2K62.0M76.3M12.8M14.7M19.5M
Net Receivables10.5M24.5M27.4M24.8M28.5M15.8M
Common Stock Shares Outstanding649.8K4.2M23.2M8.5M9.7M10.2M
Liabilities And Stockholders Equity38.2M165.7M163.8M174.8M201.0M211.1M
Non Current Liabilities Total669.2K748.1K809.4K2.1M2.4M1.3M
Inventory583.6K1.4M716.3K3.9M4.5M4.7M
Other Current Assets25.9M67.4M48.8M116.7M134.2M140.9M
Other Stockholder Equity20.3M147.1M152.2M160.6M184.7M193.9M
Total Liab9.0M4.9M9.1M12.8M14.7M7.7M
Property Plant And Equipment Gross1.1M922.6K668.3K646.9K744.0K468.7K
Short Long Term Debt5.3M2.2M3.7M8.9M8.0M5.0M
Total Current Assets37.0M155.3M153.3M158.2M181.9M191.0M
Accumulated Other Comprehensive Income1.2M3.1M(13.0M)(16.7M)(15.0M)(14.3M)
Short Term Debt3.9M2.5M3.7M8.9M10.3M10.8M
Intangible Assets38.1K80.6K40.1K6.7K7.8K7.4K
Common Stock20.5K557.8K597.7K1.2M1.4M1.5M
Property Plant Equipment139.5K1.1M856.1K579.2K666.1K420.3K
Net Invested Capital33.6M162.2M158.7M172.5M198.4M208.3M
Net Working Capital28.7M151.2M145.0M147.5M169.6M178.1M

Currently Active Assets on Macroaxis

When determining whether Farmmi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmmi's 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 Farmmi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmmi Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Packaged Foods & Meats 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 Farmmi. If investors know Farmmi 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 Farmmi 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
(0.85)
Earnings Share
2.12
Revenue Per Share
16.275
Quarterly Revenue Growth
(0.40)
Return On Assets
0.0083
The market value of Farmmi Inc is measured differently than its book value, which is the value of Farmmi that is recorded on the company's balance sheet. Investors also form their own opinion of Farmmi's value that differs from its market value or its book value, called intrinsic value, which is Farmmi'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 Farmmi's market value can be influenced by many factors that don't directly affect Farmmi'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 Farmmi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmmi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmmi'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.