FingerMotion Net Invested Capital vs Net Receivables Analysis

FNGR Stock

USD 2.01 0.02 1.01%

FingerMotion financial indicator trend analysis is much more than just examining FingerMotion latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FingerMotion is a good investment. Please check the relationship between FingerMotion Net Invested Capital and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FingerMotion. 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.

To learn how to invest in FingerMotion Stock, please use our How to Invest in FingerMotion guide.

Net Invested Capital vs Net Receivables

Net Invested Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FingerMotion Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between FingerMotion's Net Invested Capital and Net Receivables is 0.57. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of FingerMotion, assuming nothing else is changed. The correlation between historical values of FingerMotion's Net Invested Capital and Net Receivables 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 FingerMotion are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Invested Capital i.e., FingerMotion's Net Invested Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

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

Net Receivables

Most indicators from FingerMotion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FingerMotion 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 FingerMotion. 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.

To learn how to invest in FingerMotion Stock, please use our How to Invest in FingerMotion guide.At this time, FingerMotion's Selling General Administrative is relatively stable compared to the past year. As of 12/04/2024, Enterprise Value is likely to grow to about 144.7 M, while Issuance Of Capital Stock is likely to drop slightly above 798 K.

	2021	2022	2023	2024 (projected)
Gross Profit	2.8M	2.3M	3.9M	4.1M
Total Revenue	22.9M	34.1M	35.8M	37.6M

Gross Profit Total Revenue

FingerMotion fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Net Tangible Assets	Current Deferred Revenue	Accounts Payable	Other Stockholder Equity	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Short Long Term Debt	Property Plant And Equipment Net	Net Invested Capital
Total Assets		0.42	0.86	0.97	-0.64	-0.99	0.61	0.61	0.96	0.95	0.91	1.0	0.38	0.86	0.69	0.48	-0.84	0.8	1.0	0.18	0.76	0.84	0.42	0.96	0.75	0.89
Short Long Term Debt Total	0.42		0.16	0.4	-0.59	-0.42	0.83	0.83	0.43	0.39	0.4	0.41	0.98	0.59	0.29	0.83	-0.59	-0.04	0.4	0.33	0.62	0.04	0.54	0.33	0.9	0.64
Total Current Liabilities	0.86	0.16		0.73	-0.2	-0.88	0.2	0.2	0.94	0.74	0.97	0.86	0.2	0.81	0.83	0.15	-0.85	0.97	0.84	0.44	0.64	0.94	0.36	0.9	0.44	0.61
Total Stockholder Equity	0.97	0.4	0.73		-0.74	-0.96	0.68	0.68	0.87	0.96	0.79	0.97	0.32	0.77	0.55	0.51	-0.72	0.68	0.98	-0.01	0.7	0.75	0.36	0.91	0.76	0.92
Net Debt	-0.64	-0.59	-0.2	-0.74		0.59	-0.94	-0.94	-0.49	-0.8	-0.35	-0.64	-0.52	-0.5	-0.32	-0.79	0.38	-0.06	-0.64	0.31	-0.6	-0.13	-0.41	-0.44	-0.78	-0.82
Retained Earnings	-0.99	-0.42	-0.88	-0.96	0.59		-0.58	-0.58	-0.97	-0.93	-0.92	-0.99	-0.38	-0.89	-0.7	-0.48	0.87	-0.81	-0.99	-0.25	-0.79	-0.86	-0.46	-0.98	-0.75	-0.9
Cash	0.61	0.83	0.2	0.68	-0.94	-0.58		1.0	0.51	0.72	0.41	0.61	0.77	0.59	0.34	0.9	-0.51	0.02	0.61	-0.07	0.68	0.1	0.51	0.44	0.92	0.84
Cash And Short Term Investments	0.61	0.83	0.2	0.68	-0.94	-0.58	1.0		0.51	0.72	0.41	0.61	0.77	0.59	0.34	0.9	-0.51	0.02	0.61	-0.07	0.68	0.1	0.51	0.44	0.92	0.84
Common Stock Shares Outstanding	0.96	0.43	0.94	0.87	-0.49	-0.97	0.51	0.51		0.87	0.98	0.96	0.42	0.92	0.82	0.44	-0.93	0.85	0.94	0.38	0.8	0.87	0.5	0.95	0.7	0.82
Other Current Assets	0.95	0.39	0.74	0.96	-0.8	-0.93	0.72	0.72	0.87		0.79	0.95	0.36	0.77	0.68	0.57	-0.71	0.64	0.95	-0.03	0.74	0.67	0.43	0.84	0.73	0.9
Total Liab	0.91	0.4	0.97	0.79	-0.35	-0.92	0.41	0.41	0.98	0.79		0.91	0.43	0.9	0.85	0.35	-0.93	0.89	0.88	0.48	0.75	0.88	0.47	0.92	0.63	0.73
Total Current Assets	1.0	0.41	0.86	0.97	-0.64	-0.99	0.61	0.61	0.96	0.95	0.91		0.38	0.86	0.69	0.48	-0.83	0.8	1.0	0.17	0.75	0.84	0.41	0.96	0.75	0.89
Short Term Debt	0.38	0.98	0.2	0.32	-0.52	-0.38	0.77	0.77	0.42	0.36	0.43	0.38		0.58	0.39	0.76	-0.58	-0.02	0.34	0.37	0.58	0.03	0.51	0.28	0.84	0.57
Common Stock	0.86	0.59	0.81	0.77	-0.5	-0.89	0.59	0.59	0.92	0.77	0.9	0.86	0.58		0.79	0.59	-0.95	0.69	0.84	0.51	0.87	0.71	0.64	0.85	0.77	0.87
Other Current Liab	0.69	0.29	0.83	0.55	-0.32	-0.7	0.34	0.34	0.82	0.68	0.85	0.69	0.39	0.79		0.32	-0.76	0.69	0.64	0.4	0.66	0.61	0.51	0.63	0.43	0.55
Net Tangible Assets	0.48	0.83	0.15	0.51	-0.79	-0.48	0.9	0.9	0.44	0.57	0.35	0.48	0.76	0.59	0.32		-0.55	-0.04	0.47	0.23	0.82	0.01	0.8	0.37	0.86	0.73
Current Deferred Revenue	-0.84	-0.59	-0.85	-0.72	0.38	0.87	-0.51	-0.51	-0.93	-0.71	-0.93	-0.83	-0.58	-0.95	-0.76	-0.55		-0.74	-0.82	-0.64	-0.86	-0.76	-0.66	-0.87	-0.75	-0.76
Accounts Payable	0.8	-0.04	0.97	0.68	-0.06	-0.81	0.02	0.02	0.85	0.64	0.89	0.8	-0.02	0.69	0.69	-0.04	-0.74		0.79	0.39	0.5	0.98	0.22	0.88	0.27	0.5
Other Stockholder Equity	1.0	0.4	0.84	0.98	-0.64	-0.99	0.61	0.61	0.94	0.95	0.88	1.0	0.34	0.84	0.64	0.47	-0.82	0.79		0.15	0.75	0.84	0.4	0.96	0.74	0.9
Other Assets	0.18	0.33	0.44	-0.01	0.31	-0.25	-0.07	-0.07	0.38	-0.03	0.48	0.17	0.37	0.51	0.4	0.23	-0.64	0.39	0.15		0.54	0.35	0.64	0.34	0.23	0.11
Long Term Debt	0.76	0.62	0.64	0.7	-0.6	-0.79	0.68	0.68	0.8	0.74	0.75	0.75	0.58	0.87	0.66	0.82	-0.86	0.5	0.75	0.54		0.51	0.91	0.75	0.79	0.8
Net Receivables	0.84	0.04	0.94	0.75	-0.13	-0.86	0.1	0.1	0.87	0.67	0.88	0.84	0.03	0.71	0.61	0.01	-0.76	0.98	0.84	0.35	0.51		0.19	0.93	0.37	0.57
Non Current Liabilities Total	0.42	0.54	0.36	0.36	-0.41	-0.46	0.51	0.51	0.5	0.43	0.47	0.41	0.51	0.64	0.51	0.8	-0.66	0.22	0.4	0.64	0.91	0.19		0.43	0.57	0.52
Short Long Term Debt	0.96	0.33	0.9	0.91	-0.44	-0.98	0.44	0.44	0.95	0.84	0.92	0.96	0.28	0.85	0.63	0.37	-0.87	0.88	0.96	0.34	0.75	0.93	0.43		0.66	0.81
Property Plant And Equipment Net	0.75	0.9	0.44	0.76	-0.78	-0.75	0.92	0.92	0.7	0.73	0.63	0.75	0.84	0.77	0.43	0.86	-0.75	0.27	0.74	0.23	0.79	0.37	0.57	0.66		0.89
Net Invested Capital	0.89	0.64	0.61	0.92	-0.82	-0.9	0.84	0.84	0.82	0.9	0.73	0.89	0.57	0.87	0.55	0.73	-0.76	0.5	0.9	0.11	0.8	0.57	0.52	0.81	0.89

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FingerMotion Account Relationship Matchups

Pair Trading with FingerMotion

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FingerMotion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FingerMotion will appreciate offsetting losses from the drop in the long position's value.

Moving against FingerMotion Stock

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0.46	T	ATT Inc Aggressive Push	Pair Corr
0.44	SE	Sea	Pair Corr
0.42	EA	Electronic Arts Sell-off Trend	Pair Corr
0.39	KT	KT Corporation	Pair Corr

The ability to find closely correlated positions to FingerMotion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FingerMotion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FingerMotion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FingerMotion to buy it.

The correlation of FingerMotion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FingerMotion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FingerMotion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for FingerMotion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for FingerMotion Stock Analysis

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

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FingerMotion Net Invested Capital vs Net Receivables Analysis

Net Invested Capital vs Net Receivables

Net Invested Capital vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Receivables

FingerMotion fundamental ratios Correlations

FingerMotion Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with FingerMotion

Moving against FingerMotion Stock

Additional Tools for FingerMotion Stock Analysis

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

Other Stockholder Equity	- 0.99	Retained Earnings
Total Current Assets	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Total Assets
Short Long Term Debt	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Retained Earnings	- 0.96	Total Stockholder Equity