Fobi Long Term Debt vs Property Plant Equipment 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 Long Term Debt and its Property Plant Equipment 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.

Long Term Debt vs Property Plant Equipment

Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fobi AI Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fobi AI's Long Term Debt and Property Plant Equipment is -0.58. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment 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 Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Fobi AI are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Fobi AI's Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Fobi AI has held for over one year. Long-term debt appears on Fobi AI balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fobi AI balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant Equipment

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.