Fobi Begin Period Cash Flow vs Depreciation Analysis

FOBI Stock   0.04  0.00  0.00%   
Fobi AI financial indicator trend analysis is much more than just examining Fobi AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fobi AI is a good investment. Please check the relationship between Fobi AI Begin Period Cash Flow and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fobi AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Begin Period Cash Flow vs Depreciation

Begin Period Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fobi AI Begin Period Cash Flow account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fobi AI's Begin Period Cash Flow and Depreciation is 0.52. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Fobi AI, assuming nothing else is changed. The correlation between historical values of Fobi AI's Begin Period Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Fobi AI are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Begin Period Cash Flow i.e., Fobi AI's Begin Period Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Depreciation

Depreciation indicates how much of Fobi AI value has been used up. For tax purposes Fobi AI can deduct the cost of the tangible assets it purchases as business expenses. However, Fobi AI must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Fobi AI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fobi AI 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 Fobi AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Fobi AI's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3 M in 2024, whereas Tax Provision is likely to drop (67.4 K) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.4M1.9M2.1M2.2M
Research Development1.0M528.6K607.9K516.0K

Fobi AI fundamental ratios Correlations

-0.930.360.960.46-0.770.320.75-0.580.830.60.970.440.590.850.890.83-0.79-0.270.83-0.40.80.970.740.79-0.59
-0.93-0.17-0.91-0.540.76-0.14-0.640.81-0.79-0.5-0.9-0.37-0.49-0.83-0.86-0.740.730.34-0.670.63-0.86-0.9-0.83-0.840.67
0.36-0.170.14-0.61-0.720.96-0.10.220.730.850.16-0.49-0.310.660.60.7-0.71-0.350.660.270.550.320.520.54-0.59
0.96-0.910.140.63-0.610.120.84-0.670.670.371.00.610.750.710.760.65-0.62-0.190.68-0.510.670.950.620.66-0.43
0.46-0.54-0.610.630.09-0.550.8-0.59-0.03-0.30.620.880.830.020.160.03-0.020.040.13-0.430.060.450.070.020.21
-0.770.76-0.72-0.610.09-0.66-0.210.48-0.96-0.85-0.620.220.02-0.95-0.95-0.870.920.54-0.780.34-0.95-0.75-0.92-0.950.91
0.32-0.140.960.12-0.55-0.66-0.020.190.70.760.14-0.44-0.230.610.550.64-0.65-0.340.620.270.50.250.480.45-0.47
0.75-0.64-0.10.840.8-0.21-0.02-0.410.350.070.850.880.960.360.420.41-0.320.090.54-0.220.270.670.220.210.08
-0.580.810.22-0.67-0.590.480.19-0.41-0.41-0.02-0.65-0.25-0.35-0.48-0.54-0.240.340.4-0.140.94-0.6-0.63-0.65-0.610.51
0.83-0.790.730.67-0.03-0.960.70.35-0.410.880.68-0.080.120.990.940.95-0.92-0.410.86-0.250.950.770.90.92-0.83
0.6-0.50.850.37-0.3-0.850.760.07-0.020.880.39-0.29-0.170.840.810.93-0.9-0.370.860.150.80.520.740.77-0.76
0.97-0.90.161.00.62-0.620.140.85-0.650.680.390.610.740.720.770.67-0.64-0.20.7-0.490.670.950.620.66-0.43
0.44-0.37-0.490.610.880.22-0.440.88-0.25-0.08-0.290.610.96-0.040.020.040.090.360.18-0.13-0.10.39-0.16-0.150.41
0.59-0.49-0.310.750.830.02-0.230.96-0.350.12-0.170.740.960.150.190.18-0.060.270.31-0.230.060.540.00.010.27
0.85-0.830.660.710.02-0.950.610.36-0.480.990.840.72-0.040.150.930.93-0.89-0.360.81-0.350.970.790.910.95-0.86
0.89-0.860.60.760.16-0.950.550.42-0.540.940.810.770.020.190.930.9-0.97-0.580.86-0.350.930.880.920.92-0.82
0.83-0.740.70.650.03-0.870.640.41-0.240.950.930.670.040.180.930.9-0.93-0.310.95-0.030.870.730.80.83-0.72
-0.790.73-0.71-0.62-0.020.92-0.65-0.320.34-0.92-0.9-0.640.09-0.06-0.89-0.97-0.930.62-0.90.12-0.87-0.77-0.88-0.850.78
-0.270.34-0.35-0.190.040.54-0.340.090.4-0.41-0.37-0.20.360.27-0.36-0.58-0.310.62-0.280.29-0.46-0.41-0.64-0.480.55
0.83-0.670.660.680.13-0.780.620.54-0.140.860.860.70.180.310.810.860.95-0.9-0.280.110.730.740.650.67-0.54
-0.40.630.27-0.51-0.430.340.27-0.220.94-0.250.15-0.49-0.13-0.23-0.35-0.35-0.030.120.290.11-0.46-0.49-0.51-0.520.46
0.8-0.860.550.670.06-0.950.50.27-0.60.950.80.67-0.10.060.970.930.87-0.87-0.460.73-0.460.760.970.98-0.92
0.97-0.90.320.950.45-0.750.250.67-0.630.770.520.950.390.540.790.880.73-0.77-0.410.74-0.490.760.740.78-0.61
0.74-0.830.520.620.07-0.920.480.22-0.650.90.740.62-0.160.00.910.920.8-0.88-0.640.65-0.510.970.740.96-0.91
0.79-0.840.540.660.02-0.950.450.21-0.610.920.770.66-0.150.010.950.920.83-0.85-0.480.67-0.520.980.780.96-0.96
-0.590.67-0.59-0.430.210.91-0.470.080.51-0.83-0.76-0.430.410.27-0.86-0.82-0.720.780.55-0.540.46-0.92-0.61-0.91-0.96
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Fobi AI Account Relationship Matchups

Fobi AI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7M11.7M8.5M5.0M5.7M4.9M
Total Current Liabilities2.9M684.3K2.0M1.9M2.2M1.9M
Total Stockholder Equity(1.2M)10.7M6.3M2.6M3.0M3.3M
Net Tangible Assets(1.5M)(1.2M)8.3M856.5K985.0K1.9M
Retained Earnings(28.0M)(39.1M)(58.2M)(71.0M)(63.9M)(60.7M)
Accounts Payable1.8M504.6K710.7K1.3M1.4M1.1M
Cash174.3K7.5M1.0M126.2K145.2K137.9K
Non Current Assets Total67.7K2.7M5.6M4.5M5.1M5.4M
Net Receivables1.1M83.3K355.0K203.5K183.2K174.0K
Common Stock Shares Outstanding91.4M134.9M147.7M166.4M191.3M111.0M
Non Current Liabilities Total8.0K293.9K162.4K485.1K557.9K585.8K
Total Liab2.9M978.2K2.2M2.4M2.8M1.6M
Net Invested Capital(794.5K)10.7M6.3M2.6M3.0M3.4M
Total Current Assets1.6M9.0M2.9M520.8K598.9K569.0K
Net Working Capital(1.3M)8.3M868.4K(1.4M)(1.6M)(1.5M)
Common Stock19.4M23.5M42.4M50.8M58.4M31.8M
Property Plant Equipment4.9K67.7K159.7K150.5K173.1K181.7K
Capital Stock23.5M42.4M50.8M56.6M65.1M42.3M

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Additional Tools for Fobi Stock Analysis

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