Fino Total Current Liabilities vs Total Assets Analysis

FINOPB Stock   370.30  9.40  2.60%   
Fino Payments financial indicator trend analysis is much more than just examining Fino Payments Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fino Payments Bank is a good investment. Please check the relationship between Fino Payments Total Current Liabilities and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fino Payments Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fino Payments Bank Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fino Payments' Total Current Liabilities and Total Assets is 0.87. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Fino Payments Bank, assuming nothing else is changed. The correlation between historical values of Fino Payments' Total Current Liabilities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Fino Payments Bank are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Fino Payments' Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Fino Payments balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fino Payments Bank 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.

Total Assets

Total assets refers to the total amount of Fino Payments assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fino Payments Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Fino Payments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fino Payments Bank 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 Fino Payments Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
The current year's Tax Provision is expected to grow to about 840 K, whereas Selling General Administrative is forecasted to decline to about 369.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.8B11.8B14.8B15.5B
Total Revenue3.8B11.8B5.6B4.9B

Fino Payments fundamental ratios Correlations

-0.050.870.820.840.950.88-0.890.31-0.650.870.840.12-0.440.810.410.860.890.990.810.840.990.99-0.070.9-0.93
-0.05-0.11-0.240.2-0.24-0.040.31-0.47-0.29-0.19-0.14-0.30.2-0.29-0.63-0.04-0.160.04-0.29-0.16-0.06-0.04-0.17-0.120.36
0.87-0.110.570.580.780.68-0.940.49-0.410.631.00.59-0.830.590.310.590.640.840.590.530.830.910.430.65-0.87
0.82-0.240.570.80.910.94-0.750.4-0.430.970.57-0.1-0.161.00.650.860.970.771.00.960.840.78-0.320.97-0.86
0.840.20.580.80.750.9-0.62-0.05-0.820.890.53-0.25-0.090.780.30.950.880.880.780.850.830.8-0.350.9-0.7
0.95-0.240.780.910.750.86-0.90.46-0.480.90.770.09-0.370.90.610.820.920.90.90.90.960.93-0.150.91-0.96
0.88-0.040.680.940.90.86-0.760.27-0.580.960.66-0.05-0.260.930.440.910.950.870.930.90.90.87-0.240.98-0.83
-0.890.31-0.94-0.75-0.62-0.9-0.76-0.560.39-0.78-0.94-0.480.72-0.78-0.56-0.7-0.79-0.85-0.78-0.71-0.86-0.91-0.29-0.780.97
0.31-0.470.490.4-0.050.460.27-0.560.510.240.560.64-0.590.440.66-0.030.240.170.440.170.320.350.410.25-0.52
-0.65-0.29-0.41-0.43-0.82-0.48-0.580.390.51-0.62-0.330.36-0.03-0.390.09-0.82-0.61-0.75-0.39-0.62-0.62-0.610.34-0.610.44
0.87-0.190.630.970.890.90.96-0.780.24-0.620.61-0.1-0.20.960.570.960.990.860.960.970.870.83-0.280.99-0.88
0.84-0.141.00.570.530.770.66-0.940.56-0.330.610.63-0.850.590.340.550.620.810.590.510.810.890.460.63-0.87
0.12-0.30.59-0.1-0.250.09-0.05-0.480.640.36-0.10.63-0.93-0.040.14-0.22-0.110.05-0.04-0.250.060.210.95-0.12-0.3
-0.440.2-0.83-0.16-0.09-0.37-0.260.72-0.59-0.03-0.2-0.85-0.93-0.21-0.17-0.12-0.2-0.4-0.21-0.04-0.38-0.53-0.85-0.190.56
0.81-0.290.591.00.780.90.93-0.780.44-0.390.960.59-0.04-0.210.70.850.960.761.00.940.830.77-0.260.96-0.87
0.41-0.630.310.650.30.610.44-0.560.660.090.570.340.14-0.170.70.390.540.310.70.540.420.37-0.060.51-0.63
0.86-0.040.590.860.950.820.91-0.7-0.03-0.820.960.55-0.22-0.120.850.390.950.890.850.930.850.81-0.340.95-0.79
0.89-0.160.640.970.880.920.95-0.790.24-0.610.990.62-0.11-0.20.960.540.950.870.960.980.890.85-0.290.99-0.88
0.990.040.840.770.880.90.87-0.850.17-0.750.860.810.05-0.40.760.310.890.870.760.830.980.98-0.10.88-0.88
0.81-0.290.591.00.780.90.93-0.780.44-0.390.960.59-0.04-0.211.00.70.850.960.760.940.830.77-0.260.96-0.87
0.84-0.160.530.960.850.90.9-0.710.17-0.620.970.51-0.25-0.040.940.540.930.980.830.940.860.79-0.430.97-0.83
0.99-0.060.830.840.830.960.9-0.860.32-0.620.870.810.06-0.380.830.420.850.890.980.830.860.98-0.150.91-0.92
0.99-0.040.910.780.80.930.87-0.910.35-0.610.830.890.21-0.530.770.370.810.850.980.770.790.980.020.86-0.92
-0.07-0.170.43-0.32-0.35-0.15-0.24-0.290.410.34-0.280.460.95-0.85-0.26-0.06-0.34-0.29-0.1-0.26-0.43-0.150.02-0.31-0.08
0.9-0.120.650.970.90.910.98-0.780.25-0.610.990.63-0.12-0.190.960.510.950.990.880.960.970.910.86-0.31-0.87
-0.930.36-0.87-0.86-0.7-0.96-0.830.97-0.520.44-0.88-0.87-0.30.56-0.87-0.63-0.79-0.88-0.88-0.87-0.83-0.92-0.92-0.08-0.87
Click cells to compare fundamentals

Fino Payments Account Relationship Matchups

Fino Payments fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B10.1B16.8B24.7B34.2B35.9B
Other Current Liab(370K)4.2B(366K)(3.6M)(9.1M)(8.7M)
Total Current Liabilities370K200K347K3.6M14.1B14.9B
Total Stockholder Equity1.3B1.5B4.8B5.5B6.4B3.7B
Other Liab2.7B4.4B4.5B5.6B6.5B4.3B
Net Tangible Assets1.3B1.5B4.8B5.5B6.4B6.7B
Property Plant And Equipment Net494.9M642.2M927.5M1.4B2.0B999.0M
Net Debt(1.9B)(900.2M)(5.2B)(4.0B)(10.7B)(10.1B)
Retained Earnings(3.2B)(3.0B)(2.7B)(2.5B)(1.9B)(2.0B)
Accounts Payable370K198K366K3.6M9.1M8.7M
Cash3.0B2.7B7.7B8.3B10.7B6.2B
Non Current Assets Total494.9M642.2M927.5M1.4B26.7B28.0B
Non Currrent Assets Other(1.3B)(5.0B)(6.3B)(11.5B)7.3B7.6B
Other Assets3.9B7.6B10.4B17.0B(14.1B)(13.4B)
Cash And Short Term Investments1.8B1.9B5.5B6.2B7.5B4.5B
Liabilities And Stockholders Equity6.2B10.1B16.8B24.7B34.2B35.9B
Other Current Assets3.2B2.8B7.8B8.5B10.7B5.9B
Total Liab4.9B8.6B12.0B19.1B27.8B29.1B
Total Current Assets1.8B1.9B5.5B6.2B7.5B4.5B
Property Plant Equipment494.9M642.2M927.5M1.4B1.7B1.7B
Short Long Term Debt Total1.1B1.8B2.5B4.3B7.1B7.5B
Current Deferred Revenue(1.1B)(1.8B)(2.5B)(4.3B)(9.1M)(9.6M)
Net Receivables11.2M13.6M42.8M53.9M68.1M36.8M
Short Term Investments(1.2B)(819.3M)(2.1B)(2.2B)(3.2B)(3.0B)
Non Current Liabilities Total1.1B1.8B2.5B4.3B27.8B29.1B
Inventory(3.2B)(2.8B)(7.9B)(8.5B)(10.7B)(10.2B)
Net Invested Capital2.4B3.3B7.3B9.9B13.6B7.1B
Long Term Investments1.3B5.0B6.3B11.5B17.5B18.3B
Short Term Debt1.1B1.8B2.5B4.3B7.1B7.5B

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Other Information on Investing in Fino Stock

Balance Sheet is a snapshot of the financial position of Fino Payments Bank at a specified time, usually calculated after every quarter, six months, or one year. Fino Payments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fino Payments and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fino currently owns. An asset can also be divided into two categories, current and non-current.