Femasys Net Tangible Assets vs Cash And Short Term Investments Analysis

FEMY Stock  USD 1.04  0.02  1.89%   
Femasys financial indicator trend analysis is much more than just examining Femasys latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Femasys is a good investment. Please check the relationship between Femasys Net Tangible Assets and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Femasys. 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.
For more information on how to buy Femasys Stock please use our How to Invest in Femasys guide.

Net Tangible Assets vs Cash And Short Term Investments

Net Tangible Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Femasys Net Tangible Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Femasys' Net Tangible Assets and Cash And Short Term Investments is 0.92. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Femasys, assuming nothing else is changed. The correlation between historical values of Femasys' Net Tangible Assets and Cash And Short Term Investments 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 Tangible Assets of Femasys are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Tangible Assets i.e., Femasys' Net Tangible Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Femasys balance sheet. This account contains Femasys investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Femasys fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Femasys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Femasys 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 Femasys. 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.
For more information on how to buy Femasys Stock please use our How to Invest in Femasys guide.At this time, Femasys' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0 in 2024, whereas Tax Provision is likely to drop 4,278 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization964.3K889.1K908.0K853.6K
Interest Income3.8K228.2K350.7K196.4K

Femasys fundamental ratios Correlations

0.490.380.420.9-0.630.9-0.5-0.95-0.720.510.99-0.470.580.571.0-0.170.730.66-0.860.7-0.080.70.860.83-0.86
0.490.630.690.49-0.480.48-0.16-0.37-0.790.830.44-0.120.650.60.440.090.850.92-0.450.910.450.670.50.52-0.43
0.380.631.00.47-0.080.46-0.48-0.33-0.680.820.42-0.40.790.780.380.730.820.67-0.490.750.010.550.410.56-0.47
0.420.691.00.49-0.150.48-0.44-0.35-0.710.870.45-0.360.810.80.420.690.860.74-0.50.810.090.610.450.59-0.48
0.90.490.470.49-0.671.0-0.8-0.95-0.880.480.93-0.760.760.730.92-0.180.760.61-0.990.7-0.370.760.940.94-0.99
-0.63-0.48-0.08-0.15-0.67-0.670.290.530.68-0.49-0.580.21-0.63-0.63-0.590.49-0.6-0.660.67-0.63-0.07-0.86-0.86-0.780.67
0.90.480.460.481.0-0.67-0.8-0.95-0.870.480.93-0.760.760.730.92-0.180.760.61-1.00.7-0.380.750.940.94-0.99
-0.5-0.16-0.48-0.44-0.80.29-0.80.710.7-0.18-0.610.99-0.65-0.61-0.57-0.03-0.48-0.20.84-0.360.79-0.42-0.66-0.710.84
-0.95-0.37-0.33-0.35-0.950.53-0.950.710.72-0.33-0.970.7-0.54-0.51-0.970.24-0.63-0.490.92-0.570.36-0.58-0.83-0.810.93
-0.72-0.79-0.68-0.71-0.880.68-0.870.70.72-0.74-0.740.64-0.91-0.87-0.710.0-0.92-0.830.88-0.90.13-0.85-0.86-0.890.87
0.510.830.820.870.48-0.490.48-0.18-0.33-0.740.49-0.070.820.830.470.430.930.94-0.480.940.410.830.580.66-0.46
0.990.440.420.450.93-0.580.93-0.61-0.97-0.740.49-0.570.610.61.0-0.120.730.62-0.90.68-0.190.690.870.86-0.9
-0.47-0.12-0.4-0.36-0.760.21-0.760.990.70.64-0.07-0.57-0.55-0.5-0.540.04-0.39-0.120.8-0.270.82-0.31-0.59-0.620.8
0.580.650.790.810.76-0.630.76-0.65-0.54-0.910.820.61-0.550.990.580.260.910.78-0.790.86-0.140.90.820.9-0.78
0.570.60.780.80.73-0.630.73-0.61-0.51-0.870.830.6-0.50.990.570.310.90.77-0.760.84-0.120.910.820.89-0.75
1.00.440.380.420.92-0.590.92-0.57-0.97-0.710.471.0-0.540.580.57-0.160.710.61-0.890.66-0.170.680.860.84-0.89
-0.170.090.730.69-0.180.49-0.18-0.030.240.00.43-0.120.040.260.31-0.160.250.130.140.180.10.0-0.22-0.040.16
0.730.850.820.860.76-0.60.76-0.48-0.63-0.920.930.73-0.390.910.90.710.250.94-0.750.980.140.890.790.85-0.74
0.660.920.670.740.61-0.660.61-0.2-0.49-0.830.940.62-0.120.780.770.610.130.94-0.580.990.430.870.70.72-0.57
-0.86-0.45-0.49-0.5-0.990.67-1.00.840.920.88-0.48-0.90.8-0.79-0.76-0.890.14-0.75-0.58-0.680.44-0.76-0.94-0.951.0
0.70.910.750.810.7-0.630.7-0.36-0.57-0.90.940.68-0.270.860.840.660.180.980.99-0.680.280.880.750.79-0.67
-0.080.450.010.09-0.37-0.07-0.380.790.360.130.41-0.190.82-0.14-0.12-0.170.10.140.430.440.280.1-0.22-0.250.44
0.70.670.550.610.76-0.860.75-0.42-0.58-0.850.830.69-0.310.90.910.680.00.890.87-0.760.880.10.910.92-0.76
0.860.50.410.450.94-0.860.94-0.66-0.83-0.860.580.87-0.590.820.820.86-0.220.790.7-0.940.75-0.220.910.98-0.94
0.830.520.560.590.94-0.780.94-0.71-0.81-0.890.660.86-0.620.90.890.84-0.040.850.72-0.950.79-0.250.920.98-0.95
-0.86-0.43-0.47-0.48-0.990.67-0.990.840.930.87-0.46-0.90.8-0.78-0.75-0.890.16-0.74-0.571.0-0.670.44-0.76-0.94-0.95
Click cells to compare fundamentals

Femasys Account Relationship Matchups

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When running Femasys' price analysis, check to measure Femasys' 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 Femasys is operating at the current time. Most of Femasys' value examination focuses on studying past and present price action to predict the probability of Femasys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Femasys' price. Additionally, you may evaluate how the addition of Femasys to your portfolios can decrease your overall portfolio volatility.