Fobi Net Receivables vs Common Stock 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 Net Receivables and its Common Stock 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.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fobi AI Net Receivables account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fobi AI's Net Receivables and Common Stock is -0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock 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 Net Receivables and Common Stock 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 Receivables of Fobi AI are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., Fobi AI's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Receivables

Common Stock

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
Click cells to compare fundamentals

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.