Futuretech Net Debt vs Total Assets Analysis

FTIIU Stock

USD 11.11 0.84 7.03%

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

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futuretech II Acquisition Net Debt account and Total Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Futuretech's Net Debt and Total Assets is -1.0. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Futuretech II Acquisition, assuming nothing else is changed. The correlation between historical values of Futuretech's Net Debt and Total Assets 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 Debt of Futuretech II Acquisition are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Futuretech's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Assets

Total assets refers to the total amount of Futuretech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Futuretech II Acquisition books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

Selling General Administrative is likely to gain to about 905.8 K in 2024, whereas Tax Provision is likely to drop slightly above 709.3 K in 2024.

	2010	2023	2024 (projected)
Net Interest Income	1.7M	4.8M	3.6M
Tax Provision	310.3K	979.3K	709.3K

Net Interest Income Tax Provision

Futuretech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Current Deferred Revenue	Other Current Assets	Net Receivables
Total Assets		0.88	0.53	0.73	1.0	-1.0	-0.93	0.82	1.0	1.0	-0.94	0.82	0.98	0.54	0.91	1.0	0.88	0.79	1.0	-0.68	0.88	0.78	-0.51	-0.53	-0.51
Short Long Term Debt Total	0.88		0.78	0.96	0.86	-0.88	-0.95	0.51	0.87	0.87	-0.96	0.51	0.95	0.78	1.0	0.86	1.0	0.98	0.87	-0.88	1.0	0.46	-0.65	-0.83	-0.65
Other Current Liab	0.53	0.78		0.88	0.51	-0.52	-0.79	-0.05	0.52	0.52	-0.78	-0.05	0.67	1.0	0.78	0.51	0.78	0.86	0.52	-0.98	0.78	-0.12	-0.95	-0.98	-0.95
Total Current Liabilities	0.73	0.96	0.88		0.71	-0.73	-0.89	0.27	0.72	0.72	-0.89	0.27	0.85	0.88	0.95	0.71	0.96	1.0	0.72	-0.94	0.96	0.21	-0.73	-0.93	-0.73
Total Stockholder Equity	1.0	0.86	0.51	0.71		-1.0	-0.93	0.83	1.0	1.0	-0.94	0.83	0.97	0.52	0.9	1.0	0.86	0.77	1.0	-0.66	0.86	0.79	-0.5	-0.51	-0.5
Net Debt	-1.0	-0.88	-0.52	-0.73	-1.0		0.93	-0.83	-1.0	-1.0	0.94	-0.83	-0.98	-0.53	-0.91	-1.0	-0.88	-0.79	-1.0	0.67	-0.88	-0.79	0.5	0.52	0.5
Retained Earnings	-0.93	-0.95	-0.79	-0.89	-0.93	0.93		-0.56	-0.93	-0.93	1.0	-0.56	-0.98	-0.8	-0.98	-0.93	-0.95	-0.92	-0.93	0.89	-0.95	-0.51	0.76	0.79	0.76
Cash	0.82	0.51	-0.05	0.27	0.83	-0.83	-0.56		0.82	0.82	-0.59	1.0	0.7	-0.04	0.54	0.83	0.51	0.35	0.83	-0.14	0.51	1.0	0.04	0.04	0.04
Non Current Assets Total	1.0	0.87	0.52	0.72	1.0	-1.0	-0.93	0.82		1.0	-0.94	0.82	0.98	0.53	0.9	1.0	0.87	0.79	1.0	-0.68	0.87	0.78	-0.51	-0.52	-0.51
Non Currrent Assets Other	1.0	0.87	0.52	0.72	1.0	-1.0	-0.93	0.82	1.0		-0.94	0.82	0.98	0.53	0.9	1.0	0.87	0.79	1.0	-0.68	0.87	0.78	-0.51	-0.52	-0.51
Other Assets	-0.94	-0.96	-0.78	-0.89	-0.94	0.94	1.0	-0.59	-0.94	-0.94		-0.59	-0.99	-0.78	-0.98	-0.94	-0.96	-0.92	-0.94	0.88	-0.96	-0.53	0.74	0.77	0.74
Cash And Short Term Investments	0.82	0.51	-0.05	0.27	0.83	-0.83	-0.56	1.0	0.82	0.82	-0.59		0.7	-0.04	0.54	0.83	0.51	0.35	0.83	-0.14	0.51	1.0	0.04	0.04	0.04
Common Stock Shares Outstanding	0.98	0.95	0.67	0.85	0.97	-0.98	-0.98	0.7	0.98	0.98	-0.99	0.7		0.68	0.97	0.97	0.95	0.9	0.98	-0.8	0.95	0.66	-0.62	-0.68	-0.62
Other Stockholder Equity	0.54	0.78	1.0	0.88	0.52	-0.53	-0.8	-0.04	0.53	0.53	-0.78	-0.04	0.68		0.79	0.52	0.78	0.86	0.53	-0.98	0.78	-0.11	-0.95	-0.98	-0.95
Total Liab	0.91	1.0	0.78	0.95	0.9	-0.91	-0.98	0.54	0.9	0.9	-0.98	0.54	0.97	0.79		0.9	1.0	0.97	0.9	-0.89	1.0	0.49	-0.68	-0.82	-0.68
Net Invested Capital	1.0	0.86	0.51	0.71	1.0	-1.0	-0.93	0.83	1.0	1.0	-0.94	0.83	0.97	0.52	0.9		0.86	0.77	1.0	-0.66	0.86	0.79	-0.5	-0.51	-0.5
Short Long Term Debt	0.88	1.0	0.78	0.96	0.86	-0.88	-0.95	0.51	0.87	0.87	-0.96	0.51	0.95	0.78	1.0	0.86		0.98	0.87	-0.88	1.0	0.46	-0.65	-0.83	-0.65
Total Current Assets	0.79	0.98	0.86	1.0	0.77	-0.79	-0.92	0.35	0.79	0.79	-0.92	0.35	0.9	0.86	0.97	0.77	0.98		0.78	-0.94	0.98	0.29	-0.72	-0.91	-0.72
Capital Stock	1.0	0.87	0.52	0.72	1.0	-1.0	-0.93	0.83	1.0	1.0	-0.94	0.83	0.98	0.53	0.9	1.0	0.87	0.78		-0.67	0.87	0.79	-0.51	-0.52	-0.51
Net Working Capital	-0.68	-0.88	-0.98	-0.94	-0.66	0.67	0.89	-0.14	-0.68	-0.68	0.88	-0.14	-0.8	-0.98	-0.89	-0.66	-0.88	-0.94	-0.67		-0.88	-0.08	0.92	0.98	0.92
Short Term Debt	0.88	1.0	0.78	0.96	0.86	-0.88	-0.95	0.51	0.87	0.87	-0.96	0.51	0.95	0.78	1.0	0.86	1.0	0.98	0.87	-0.88		0.46	-0.65	-0.83	-0.65
Common Stock	0.78	0.46	-0.12	0.21	0.79	-0.79	-0.51	1.0	0.78	0.78	-0.53	1.0	0.66	-0.11	0.49	0.79	0.46	0.29	0.79	-0.08	0.46		0.1	0.1	0.1
Current Deferred Revenue	-0.51	-0.65	-0.95	-0.73	-0.5	0.5	0.76	0.04	-0.51	-0.51	0.74	0.04	-0.62	-0.95	-0.68	-0.5	-0.65	-0.72	-0.51	0.92	-0.65	0.1		0.87	1.0
Other Current Assets	-0.53	-0.83	-0.98	-0.93	-0.51	0.52	0.79	0.04	-0.52	-0.52	0.77	0.04	-0.68	-0.98	-0.82	-0.51	-0.83	-0.91	-0.52	0.98	-0.83	0.1	0.87		0.88
Net Receivables	-0.51	-0.65	-0.95	-0.73	-0.5	0.5	0.76	0.04	-0.51	-0.51	0.74	0.04	-0.62	-0.95	-0.68	-0.5	-0.65	-0.72	-0.51	0.92	-0.65	0.1	1.0	0.88

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Futuretech Net Debt vs Total Assets Analysis

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Assets

Futuretech fundamental ratios Correlations

Futuretech Account Relationship Matchups

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total

Capital Stock	- 1.0	Net Debt
Net Invested Capital	- 1.0	Net Debt
Non Currrent Assets Other	- 1.0	Net Debt
Non Current Assets Total	- 1.0	Net Debt
Net Debt	- 1.0	Total Stockholder Equity
Net Debt	- 1.0	Total Assets