Finexia Good Will vs Net Receivables Analysis

FNX Stock   0.31  0.01  3.13%   
Finexia Financial financial indicator trend analysis is much more than just examining Finexia Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finexia Financial is a good investment. Please check the relationship between Finexia Financial Good Will and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finexia Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finexia Financial Good Will account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Finexia Financial's Good Will and Net Receivables is 0.41. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Finexia Financial Group, assuming nothing else is changed. The correlation between historical values of Finexia Financial's Good Will 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 Good Will of Finexia Financial Group 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 Good Will i.e., Finexia Financial's Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

Most indicators from Finexia Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finexia Financial 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 Finexia Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 6.8 M in 2024. Tax Provision is likely to gain to about 173.8 K in 2024
 2021 2022 2023 2024 (projected)
Interest Expense2.1M4.7M8.2M4.5M
Depreciation And Amortization306.7K306.9K613.5K436.1K

Finexia Financial fundamental ratios Correlations

0.710.570.660.310.15-0.430.320.650.760.870.580.710.150.730.660.420.620.640.690.540.880.430.150.15-0.57
0.710.81-0.05-0.080.80.310.02-0.070.850.320.920.970.271.00.090.63-0.11-0.090.90.740.430.80.25-0.310.17
0.570.81-0.04-0.120.670.270.0-0.090.490.170.830.650.720.810.280.89-0.1-0.080.560.370.510.720.44-0.280.16
0.66-0.05-0.040.54-0.63-0.940.410.990.170.89-0.13-0.02-0.07-0.020.85-0.071.01.00.01-0.030.81-0.24-0.040.52-0.99
0.31-0.08-0.120.54-0.39-0.460.090.560.090.47-0.05-0.04-0.08-0.070.39-0.10.570.53-0.050.00.4-0.55-0.13-0.33-0.57
0.150.80.67-0.63-0.390.81-0.23-0.650.55-0.290.790.750.280.79-0.420.55-0.68-0.660.680.57-0.140.780.25-0.540.72
-0.430.310.27-0.94-0.460.81-0.36-0.950.03-0.770.40.270.180.29-0.720.25-0.95-0.960.190.16-0.650.380.22-0.650.97
0.320.020.00.410.09-0.23-0.360.420.170.43-0.040.06-0.190.050.3-0.080.390.410.080.120.270.01-0.090.33-0.39
0.65-0.07-0.090.990.56-0.65-0.950.420.190.9-0.16-0.02-0.13-0.040.81-0.110.991.00.020.00.78-0.27-0.10.52-0.99
0.760.850.490.170.090.550.030.170.190.580.670.94-0.190.860.020.220.110.150.980.940.450.6-0.19-0.1-0.09
0.870.320.170.890.47-0.29-0.770.430.90.580.150.38-0.140.340.680.040.870.890.440.410.850.05-0.190.4-0.85
0.580.920.83-0.13-0.050.790.4-0.04-0.160.670.150.850.40.910.110.66-0.18-0.180.740.530.410.730.42-0.460.25
0.710.970.65-0.02-0.040.750.270.06-0.020.940.380.850.020.960.00.42-0.08-0.050.970.850.370.740.1-0.250.13
0.150.270.72-0.07-0.080.280.18-0.19-0.13-0.19-0.140.40.020.280.40.9-0.08-0.1-0.1-0.30.320.310.63-0.240.13
0.731.00.81-0.02-0.070.790.290.05-0.040.860.340.910.960.280.120.64-0.08-0.060.90.740.450.810.25-0.280.14
0.660.090.280.850.39-0.42-0.720.30.810.020.680.110.00.40.120.350.840.82-0.08-0.270.84-0.040.460.36-0.79
0.420.630.89-0.07-0.10.550.25-0.08-0.110.220.040.660.420.90.640.35-0.1-0.10.30.090.420.590.57-0.30.16
0.62-0.11-0.11.00.57-0.68-0.950.390.990.110.87-0.18-0.08-0.08-0.080.84-0.11.0-0.05-0.080.78-0.31-0.050.51-1.0
0.64-0.09-0.081.00.53-0.66-0.960.411.00.150.89-0.18-0.05-0.1-0.060.82-0.11.0-0.01-0.030.79-0.26-0.090.55-0.99
0.690.90.560.01-0.050.680.190.080.020.980.440.740.97-0.10.9-0.080.3-0.05-0.010.940.360.7-0.14-0.150.08
0.540.740.37-0.030.00.570.160.120.00.940.410.530.85-0.30.74-0.270.09-0.08-0.030.940.210.54-0.44-0.150.08
0.880.430.510.810.4-0.14-0.650.270.780.450.850.410.370.320.450.840.420.780.790.360.210.230.170.25-0.74
0.430.80.72-0.24-0.550.780.380.01-0.270.60.050.730.740.310.81-0.040.59-0.31-0.260.70.540.230.27-0.010.36
0.150.250.44-0.04-0.130.250.22-0.09-0.1-0.19-0.190.420.10.630.250.460.57-0.05-0.09-0.14-0.440.170.27-0.160.12
0.15-0.31-0.280.52-0.33-0.54-0.650.330.52-0.10.4-0.46-0.25-0.24-0.280.36-0.30.510.55-0.15-0.150.25-0.01-0.16-0.53
-0.570.170.16-0.99-0.570.720.97-0.39-0.99-0.09-0.850.250.130.130.14-0.790.16-1.0-0.990.080.08-0.740.360.12-0.53
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Finexia Financial Account Relationship Matchups

Finexia Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0M24.2M53.1M77.8M112.8M118.5M
Short Long Term Debt Total1.3M17.3M41.5M58.1M92.7M97.3M
Total Current Liabilities739.0K13.0M33.4M23.6M29.2M15.9M
Total Stockholder Equity3.6M5.2M8.8M16.7M16.2M9.1M
Property Plant And Equipment Net1.2M1.4M1.3M1.1M1.4M1.3M
Net Debt868.7K15.4M38.6M52.4M85.8M90.1M
Retained Earnings(5.4M)(4.4M)(1.1M)2.1M941.1K988.1K
Accounts Payable152.6K162.3K399.7K344.8K685.4K651.2K
Cash373.7K1.5M2.7M5.7M6.8M12.0M
Non Current Assets Total1.5M3.4M3.1M6.5M106.0M111.3M
Cash And Short Term Investments3.4M4.5M13.6M5.7M46.8M49.2M
Net Receivables55.5K2.1M1.5M3.1M3.6M2.8M
Liabilities And Stockholders Equity5.0M24.2M53.1M77.8M112.8M118.5M
Non Current Liabilities Total947.0K6.0M10.8M37.5M85.0M89.2M
Other Current Assets59.4K14.1M34.8M21.9M73.3K69.6K
Total Liab1.4M19.0M44.2M61.1M96.6M101.5M
Total Current Assets3.5M20.6M42.1M71.2M6.8M6.5M
Short Term Debt367.5K11.3M30.8M20.8M7.7M13.9M
Intangible Assets76K626.5K477K1.7M657.3K624.5K
Common Stock9.0M9.6M10.0M14.6M15.3M14.5M
Other Current Liab177.1K1.5M2.2M2.4M20.8M21.8M
Non Currrent Assets Other50.3K40.5K40K(38.1M)102.3M107.5M
Common Stock Shares Outstanding28.1M30.7M32.4M40.2M48.9M51.3M
Short Term Investments3.0M3.0M10.9M40.4M154.4K146.7K
Inventory1.5M2.1M13.3K307.6K276.8K263.0K
Other Assets50.3K40.5K40K81.9K1.00.95
Long Term Debt947.0K5.7M10.6M37.5M84.7M89.0M
Long Term Debt Total947.0K6.0M10.7M37.5M43.1M45.2M
Property Plant Equipment1.2M1.4M1.3M1.1M1.3M838.2K
Net Tangible Assets3.3M3.2M7.0M15.0M17.2M18.1M
Net Invested Capital4.8M22.1M50.1M74.8M108.5M113.9M
Cash And Equivalents373.7K1.5M2.7M5.7M6.6M6.9M
Net Working Capital2.8M7.7M16.5M47.6M38.8M40.8M
Current Deferred Revenue182.7K186.8K1.1M699.5K(14.2M)(13.5M)
Short Long Term Debt295.3K11.2M30.6M20.6M7.6M13.1M
Capital Stock9.0M9.6M10.0M14.6M15.3M12.3M

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