FutureTech Net Interest Income vs Net Income Analysis

FTIIW Stock  USD 0.03  0.01  62.29%   
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 Interest Income and its Net Income 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 Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FutureTech II Acquisition Net Interest Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FutureTech's Net Interest Income and Net Income is 0.95. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income 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 Interest Income and Net Income 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 Interest Income of FutureTech II Acquisition are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., FutureTech's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in FutureTech II Acquisition financial statement analysis. It represents the amount of money remaining after all of FutureTech II Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 climb 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 Income1.7M4.8M3.6M
Tax Provision310.3K979.3K709.3K

FutureTech fundamental ratios Correlations

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-0.68-0.88-0.98-0.94-0.660.670.89-0.14-0.68-0.68-0.14-0.8-0.86-0.98-0.89-0.66-0.88-0.94-0.67-0.88-0.080.920.980.92
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0.780.46-0.120.210.79-0.79-0.511.00.780.781.00.660.55-0.110.490.790.460.290.79-0.080.460.10.10.1
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-0.53-0.83-0.98-0.93-0.510.520.790.04-0.52-0.520.04-0.68-0.77-0.98-0.82-0.51-0.83-0.91-0.520.98-0.830.10.870.88
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FutureTech Account Relationship Matchups

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