Future Net Invested Capital vs Short Term Investments Analysis

FME Stock

0.95 0.00 0.00%

Future Metals financial indicator trend analysis is much more than just examining Future Metals NL latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Metals NL is a good investment. Please check the relationship between Future Metals Net Invested Capital and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Metals NL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Metals NL Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Future Metals' Net Invested Capital and Short Term Investments is -0.29. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Future Metals NL, assuming nothing else is changed. The correlation between historical values of Future Metals' Net Invested Capital 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 Invested Capital of Future Metals NL are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Future Metals' Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Investments

Short Term Investments is an item under the current assets section of Future Metals balance sheet. It contains any investments Future Metals NL undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Future Metals NL can easily liquidate in the marketplace.

Most indicators from Future Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Metals NL 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 Future Metals NL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Issuance Of Capital Stock is expected to grow to about 7.1 M, whereas Selling General Administrative is forecasted to decline to about 185.8 K.

	2021	2022	2023	2024 (projected)
Interest Income	6.8K	98.7K	113.5K	119.2K
Net Interest Income	6.8K	98.7K	113.5K	119.2K

Interest Income Net Interest Income

Future Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Net Invested Capital	Capital Stock	Net Working Capital	Net Tangible Assets	Other Assets	Capital Lease Obligations
Total Assets		0.3	0.3	1.0	0.38	-0.48	0.63	0.1	0.48	0.92	0.46	0.44	0.12	-0.31	-0.13	0.3	0.44	-0.06	-0.32	-0.32	0.17	-0.15	0.06	-0.03	0.0	0.0
Other Current Liab	0.3		0.98	0.26	0.13	-0.14	0.43	0.42	0.14	0.27	0.13	0.29	-0.07	-0.14	0.21	0.98	0.16	-0.35	-0.18	-0.18	0.64	-0.58	0.22	0.05	0.14	0.12
Total Current Liabilities	0.3	0.98		0.25	0.04	-0.02	0.48	0.53	0.03	0.3	0.01	0.26	-0.06	-0.17	0.19	1.0	0.05	-0.4	-0.18	-0.18	0.73	-0.68	0.11	-0.1	-0.01	-0.01
Total Stockholder Equity	1.0	0.26	0.25		0.38	-0.49	0.61	0.08	0.48	0.92	0.47	0.44	0.12	-0.3	-0.14	0.25	0.44	-0.04	-0.32	-0.32	0.14	-0.12	0.05	-0.02	0.0	0.0
Property Plant And Equipment Net	0.38	0.13	0.04	0.38		-0.46	-0.23	-0.47	0.46	0.26	0.42	0.05	0.16	-0.57	0.1	0.04	0.4	0.56	-0.59	-0.59	-0.11	0.13	0.23	0.29	0.42	0.08
Net Debt	-0.48	-0.14	-0.02	-0.49	-0.46		0.05	0.46	-1.0	-0.12	-1.0	-0.63	-0.09	0.16	-0.27	-0.02	-0.98	-0.42	0.27	0.28	0.51	-0.55	-0.65	-0.64	-0.54	-0.44
Retained Earnings	0.63	0.43	0.48	0.61	-0.23	0.05		0.41	-0.05	0.71	-0.02	0.22	-0.11	0.33	-0.21	0.48	-0.03	-0.82	0.37	0.37	0.47	-0.45	-0.09	-0.22	-0.13	-0.1
Accounts Payable	0.1	0.42	0.53	0.08	-0.47	0.46	0.41		-0.46	0.31	-0.47	-0.02	0.3	-0.16	0.06	0.53	-0.42	-0.46	-0.09	-0.09	0.78	-0.76	-0.56	-0.65	-0.61	-0.18
Cash	0.48	0.14	0.03	0.48	0.46	-1.0	-0.05	-0.46		0.13	1.0	0.63	0.09	-0.16	0.26	0.03	0.98	0.42	-0.27	-0.27	-0.5	0.55	0.65	0.65	0.55	0.45
Non Current Assets Total	0.92	0.27	0.3	0.92	0.26	-0.12	0.71	0.31	0.13		0.11	0.18	0.11	-0.27	-0.32	0.3	0.07	-0.23	-0.25	-0.25	0.4	-0.38	-0.21	-0.25	-0.17	-0.07
Cash And Short Term Investments	0.46	0.13	0.01	0.47	0.42	-1.0	-0.02	-0.47	1.0	0.11		0.63	0.06	-0.09	0.26	0.01	0.99	0.37	-0.2	-0.2	-0.53	0.58	0.67	0.67	0.57	0.46
Net Receivables	0.44	0.29	0.26	0.44	0.05	-0.63	0.22	-0.02	0.63	0.18	0.63		-0.12	-0.1	0.4	0.26	0.7	0.05	-0.12	-0.12	-0.15	0.17	0.19	0.14	0.09	0.08
Common Stock Shares Outstanding	0.12	-0.07	-0.06	0.12	0.16	-0.09	-0.11	0.3	0.09	0.11	0.06	-0.12		-0.5	0.04	-0.06	0.05	0.23	-0.47	-0.46	0.24	-0.23	-0.41	-0.38	-0.32	-0.12
Short Term Investments	-0.31	-0.14	-0.17	-0.3	-0.57	0.16	0.33	-0.16	-0.16	-0.27	-0.09	-0.1	-0.5		-0.06	-0.17	-0.09	-0.66	0.98	0.97	-0.29	0.31	0.27	0.35	0.31	0.31
Other Current Assets	-0.13	0.21	0.19	-0.14	0.1	-0.27	-0.21	0.06	0.26	-0.32	0.26	0.4	0.04	-0.06		0.19	0.41	0.17	-0.09	-0.09	-0.19	0.2	0.16	0.19	0.16	0.13
Total Liab	0.3	0.98	1.0	0.25	0.04	-0.02	0.48	0.53	0.03	0.3	0.01	0.26	-0.06	-0.17	0.19		0.05	-0.4	-0.18	-0.18	0.73	-0.68	0.11	-0.1	-0.01	-0.01
Total Current Assets	0.44	0.16	0.05	0.44	0.4	-0.98	-0.03	-0.42	0.98	0.07	0.99	0.7	0.05	-0.09	0.41	0.05		0.36	-0.2	-0.2	-0.52	0.57	0.65	0.65	0.55	0.45
Common Stock	-0.06	-0.35	-0.4	-0.04	0.56	-0.42	-0.82	-0.46	0.42	-0.23	0.37	0.05	0.23	-0.66	0.17	-0.4	0.36		-0.72	-0.72	-0.48	0.47	0.15	0.23	0.14	0.07
Short Long Term Debt Total	-0.32	-0.18	-0.18	-0.32	-0.59	0.27	0.37	-0.09	-0.27	-0.25	-0.2	-0.12	-0.47	0.98	-0.09	-0.18	-0.2	-0.72		1.0	-0.2	0.21	0.15	0.19	0.16	0.15
Short Term Debt	-0.32	-0.18	-0.18	-0.32	-0.59	0.28	0.37	-0.09	-0.27	-0.25	-0.2	-0.12	-0.46	0.97	-0.09	-0.18	-0.2	-0.72	1.0		-0.2	0.21	0.15	0.18	0.16	0.14
Net Invested Capital	0.17	0.64	0.73	0.14	-0.11	0.51	0.47	0.78	-0.5	0.4	-0.53	-0.15	0.24	-0.29	-0.19	0.73	-0.52	-0.48	-0.2	-0.2		-0.99	-0.49	-0.67	-0.52	-0.39
Capital Stock	-0.15	-0.58	-0.68	-0.12	0.13	-0.55	-0.45	-0.76	0.55	-0.38	0.58	0.17	-0.23	0.31	0.2	-0.68	0.57	0.47	0.21	0.21	-0.99		0.54	0.73	0.57	0.47
Net Working Capital	0.06	0.22	0.11	0.05	0.23	-0.65	-0.09	-0.56	0.65	-0.21	0.67	0.19	-0.41	0.27	0.16	0.11	0.65	0.15	0.15	0.15	-0.49	0.54		0.82	0.67	0.43
Net Tangible Assets	-0.03	0.05	-0.1	-0.02	0.29	-0.64	-0.22	-0.65	0.65	-0.25	0.67	0.14	-0.38	0.35	0.19	-0.1	0.65	0.23	0.19	0.18	-0.67	0.73	0.82		0.94	0.77
Other Assets	0.0	0.14	-0.01	0.0	0.42	-0.54	-0.13	-0.61	0.55	-0.17	0.57	0.09	-0.32	0.31	0.16	-0.01	0.55	0.14	0.16	0.16	-0.52	0.57	0.67	0.94		0.73
Capital Lease Obligations	0.0	0.12	-0.01	0.0	0.08	-0.44	-0.1	-0.18	0.45	-0.07	0.46	0.08	-0.12	0.31	0.13	-0.01	0.45	0.07	0.15	0.14	-0.39	0.47	0.43	0.77	0.73

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Future Metals Account Relationship Matchups

Future Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6M	26.8M	23.2M	19.5M	20.2M	19.0M
Other Current Liab	30.9K	1.9M	918.1K	336.0K	200.1K	190.1K
Total Current Liabilities	53.8K	2.1M	1.1M	606.2K	381.8K	504.6K
Total Stockholder Equity	4.6M	24.7M	22.1M	18.9M	19.8M	18.5M
Net Debt	(4.6M)	(9.5M)	(3.3M)	(2.7M)	(2.3M)	(2.4M)
Retained Earnings	(62.5M)	(6.3M)	(10.6M)	(21.3M)	(23.4M)	(24.6M)
Accounts Payable	22.9K	156.0K	149.8K	270.2K	181.7K	97.8K
Cash	4.6M	9.6M	3.3M	2.7M	2.3M	2.2M
Cash And Short Term Investments	4.6M	9.6M	3.3M	2.7M	2.3M	2.2M
Net Receivables	28.6K	175.8K	8.0K	120.5K	108.5K	103.0K
Common Stock Shares Outstanding	74.0M	155.0M	352.9M	404.0M	434.0M	256.8M
Liabilities And Stockholders Equity	4.6M	26.8M	23.2M	19.5M	20.2M	19.0M
Total Liab	53.8K	2.1M	1.1M	606.2K	381.8K	505.4K
Total Current Assets	4.6M	9.7M	3.4M	2.8M	2.3M	2.2M
Accumulated Other Comprehensive Income	5.3M	1.8M	3.1M	3.6M	2.5M	3.3M
Net Invested Capital	4.6M	24.7M	22.1M	18.9M	21.7M	16.7M
Net Working Capital	4.6M	7.6M	2.3M	2.2M	2.0M	3.6M

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Other Information on Investing in Future Stock

Balance Sheet is a snapshot of the financial position of Future Metals NL at a specified time, usually calculated after every quarter, six months, or one year. Future Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Future Metals 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 Future currently owns. An asset can also be divided into two categories, current and non-current.

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Future Net Invested Capital vs Short Term Investments Analysis

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Term Investments

Future Metals fundamental ratios Correlations

Future Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Future Metals fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Current Liabilities	+ 0.98	Other Current Liab

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Capital Stock	- 0.99	Net Invested Capital
Total Current Assets	- 0.98	Net Debt
Common Stock	- 0.82	Retained Earnings
Capital Stock	- 0.76	Accounts Payable