FGI Cash And Short Term Investments vs Total Current Liabilities Analysis

FGI Stock

USD 0.79 0.03 3.66%

FGI Industries financial indicator trend analysis is much more than just examining FGI Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FGI Industries is a good investment. Please check the relationship between FGI Industries Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. 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.

For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FGI Industries Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.

The correlation between FGI Industries' Cash And Short Term Investments and Total Current Liabilities is 0.03. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of FGI Industries, assuming nothing else is changed. The correlation between historical values of FGI Industries' Cash And Short Term Investments 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 Cash And Short Term Investments of FGI Industries 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 Cash And Short Term Investments i.e., FGI Industries' Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of FGI Industries balance sheet. This account contains FGI Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by FGI Industries 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.

Total Current Liabilities

Total Current Liabilities is an item on FGI Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FGI Industries 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 FGI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FGI Industries 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 FGI Industries. 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.

For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.As of now, FGI Industries' Tax Provision is increasing as compared to previous years. The FGI Industries' current Enterprise Value Over EBITDA is estimated to increase to 9.98, while Selling General Administrative is projected to decrease to under 7.8 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	287.1K	218.7K	2.0M	2.1M
Interest Income	37.1K	3.2K	9.2K	15.0K

Depreciation And Amortization Interest Income

FGI Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.93	0.6	0.53	0.79	0.85	0.56	-0.08	0.41	0.79	0.82	0.91	0.94	0.79	0.46	0.5	0.6	0.55	0.78	0.88	0.89	0.79	0.91	0.23	0.47	0.99
Short Long Term Debt Total	0.93		0.66	0.56	0.6	0.63	0.53	0.11	0.46	0.64	0.76	0.75	0.79	0.64	0.49	0.59	0.64	0.57	0.68	0.82	0.79	0.86	0.75	0.21	0.5	0.92
Other Current Liab	0.6	0.66		0.99	0.02	0.39	-0.16	0.66	0.97	0.07	0.14	0.7	0.48	0.07	0.97	-0.01	-0.02	-0.09	0.84	0.18	0.19	0.92	0.24	-0.53	0.91	0.69
Total Current Liabilities	0.53	0.56	0.99		-0.03	0.34	-0.28	0.64	0.98	0.03	0.03	0.69	0.43	0.03	0.97	-0.14	-0.16	-0.23	0.83	0.07	0.11	0.86	0.19	-0.63	0.96	0.63
Total Stockholder Equity	0.79	0.6	0.02	-0.03		0.87	0.8	-0.55	-0.18	0.94	0.91	0.62	0.88	0.94	-0.09	0.43	0.75	0.74	0.34	0.89	0.92	0.24	0.97	0.66	-0.05	0.71
Net Tangible Assets	0.85	0.63	0.39	0.34	0.87		0.59	-0.19	0.24	0.75	0.81	0.83	0.96	0.75	0.34	0.22	0.57	0.55	0.64	0.75	0.79	0.48	0.89	0.31	0.24	0.82
Property Plant And Equipment Net	0.56	0.53	-0.16	-0.28	0.8	0.59		-0.33	-0.37	0.67	0.93	0.2	0.63	0.67	-0.25	0.54	0.98	0.99	-0.06	0.79	0.73	0.08	0.7	0.91	-0.39	0.43
Net Debt	-0.08	0.11	0.66	0.64	-0.55	-0.19	-0.33		0.74	-0.6	-0.29	-0.04	-0.15	-0.6	0.75	-0.35	-0.19	-0.22	0.19	-0.42	-0.49	0.42	-0.44	-0.53	0.49	-0.03
Accounts Payable	0.41	0.46	0.97	0.98	-0.18	0.24	-0.37	0.74		-0.14	-0.09	0.58	0.3	-0.14	0.99	-0.19	-0.24	-0.3	0.77	-0.05	-0.04	0.82	0.04	-0.7	0.91	0.51
Cash	0.79	0.64	0.07	0.03	0.94	0.75	0.67	-0.6	-0.14		0.81	0.64	0.84	1.0	-0.09	0.42	0.64	0.61	0.36	0.86	0.93	0.3	0.96	0.56	0.1	0.73
Non Current Assets Total	0.82	0.76	0.14	0.03	0.91	0.81	0.93	-0.29	-0.09	0.81		0.55	0.85	0.81	0.02	0.59	0.93	0.92	0.31	0.93	0.9	0.38	0.89	0.73	-0.07	0.73
Non Currrent Assets Other	0.91	0.75	0.7	0.69	0.62	0.83	0.2	-0.04	0.58	0.64	0.55		0.86	0.64	0.61	0.29	0.23	0.18	0.94	0.66	0.73	0.8	0.78	-0.14	0.66	0.95
Other Assets	0.94	0.79	0.48	0.43	0.88	0.96	0.63	-0.15	0.3	0.84	0.85	0.86		0.84	0.39	0.29	0.64	0.6	0.67	0.82	0.86	0.6	0.95	0.33	0.37	0.91
Cash And Short Term Investments	0.79	0.64	0.07	0.03	0.94	0.75	0.67	-0.6	-0.14	1.0	0.81	0.64	0.84		-0.09	0.42	0.64	0.61	0.36	0.86	0.93	0.3	0.96	0.56	0.1	0.73
Net Receivables	0.46	0.49	0.97	0.97	-0.09	0.34	-0.25	0.75	0.99	-0.09	0.02	0.61	0.39	-0.09		-0.2	-0.13	-0.19	0.77	0.01	0.02	0.82	0.11	-0.61	0.87	0.55
Common Stock Shares Outstanding	0.5	0.59	-0.01	-0.14	0.43	0.22	0.54	-0.35	-0.19	0.42	0.59	0.29	0.29	0.42	-0.2		0.56	0.56	0.23	0.77	0.68	0.36	0.46	0.45	-0.19	0.45
Non Current Liabilities Total	0.6	0.64	-0.02	-0.16	0.75	0.57	0.98	-0.19	-0.24	0.64	0.93	0.23	0.64	0.64	-0.13	0.56		1.0	0.0	0.79	0.72	0.2	0.68	0.86	-0.27	0.49
Capital Lease Obligations	0.55	0.57	-0.09	-0.23	0.74	0.55	0.99	-0.22	-0.3	0.61	0.92	0.18	0.6	0.61	-0.19	0.56	1.0		-0.05	0.77	0.69	0.13	0.65	0.88	-0.35	0.43
Inventory	0.78	0.68	0.84	0.83	0.34	0.64	-0.06	0.19	0.77	0.36	0.31	0.94	0.67	0.36	0.77	0.23	0.0	-0.05		0.46	0.51	0.88	0.54	-0.41	0.78	0.85
Other Current Assets	0.88	0.82	0.18	0.07	0.89	0.75	0.79	-0.42	-0.05	0.86	0.93	0.66	0.82	0.86	0.01	0.77	0.79	0.77	0.46		0.98	0.5	0.92	0.59	0.03	0.81
Other Stockholder Equity	0.89	0.79	0.19	0.11	0.92	0.79	0.73	-0.49	-0.04	0.93	0.9	0.73	0.86	0.93	0.02	0.68	0.72	0.69	0.51	0.98		0.48	0.96	0.54	0.1	0.84
Total Liab	0.79	0.86	0.92	0.86	0.24	0.48	0.08	0.42	0.82	0.3	0.38	0.8	0.6	0.3	0.82	0.36	0.2	0.13	0.88	0.5	0.48		0.46	-0.3	0.8	0.85
Net Invested Capital	0.91	0.75	0.24	0.19	0.97	0.89	0.7	-0.44	0.04	0.96	0.89	0.78	0.95	0.96	0.11	0.46	0.68	0.65	0.54	0.92	0.96	0.46		0.49	0.19	0.86
Property Plant And Equipment Gross	0.23	0.21	-0.53	-0.63	0.66	0.31	0.91	-0.53	-0.7	0.56	0.73	-0.14	0.33	0.56	-0.61	0.45	0.86	0.88	-0.41	0.59	0.54	-0.3	0.49		-0.66	0.08
Short Long Term Debt	0.47	0.5	0.91	0.96	-0.05	0.24	-0.39	0.49	0.91	0.1	-0.07	0.66	0.37	0.1	0.87	-0.19	-0.27	-0.35	0.78	0.03	0.1	0.8	0.19	-0.66		0.59
Total Current Assets	0.99	0.92	0.69	0.63	0.71	0.82	0.43	-0.03	0.51	0.73	0.73	0.95	0.91	0.73	0.55	0.45	0.49	0.43	0.85	0.81	0.84	0.85	0.86	0.08	0.59

Click cells to compare fundamentals

FGI Industries Account Relationship Matchups

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

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:

How To Invest In FGI

Details

Is FGI Stock a good investment?

Details

What is FGI Industries' Net Worth?

Details

Largest Apparel, Accessories & Luxury Goods Companies

View

Largest Furnishings, Fixtures & Appliances Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. 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.

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

FGI Cash And Short Term Investments vs Total Current Liabilities Analysis

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Total Current Liabilities

FGI Industries fundamental ratios Correlations

FGI Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Capital Lease Obligations	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Capital Lease Obligations	+ 0.99	Property Plant And Equipment Net
Net Receivables	+ 0.99	Accounts Payable

Property Plant And Equipment Gross	- 0.7	Accounts Payable
Short Long Term Debt	- 0.66	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.63	Total Current Liabilities
Property Plant And Equipment Gross	- 0.61	Net Receivables
Cash And Short Term Investments	- 0.6	Net Debt
Cash	- 0.6	Net Debt