FitLife Net Income vs Other Non Cash Items Analysis

FTLF Stock  USD 33.73  0.12  0.36%   
FitLife Brands, financial indicator trend analysis is much more than just examining FitLife Brands, Common latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FitLife Brands, Common is a good investment. Please check the relationship between FitLife Brands, Net Income and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FitLife Brands, Common Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between FitLife Brands,'s Net Income and Other Non Cash Items is -0.77. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of FitLife Brands, Common, assuming nothing else is changed. The correlation between historical values of FitLife Brands,'s Net Income and Other Non Cash Items 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 Income of FitLife Brands, Common are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., FitLife Brands,'s Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in FitLife Brands, Common financial statement analysis. It represents the amount of money remaining after all of FitLife Brands, Common operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from FitLife Brands,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FitLife Brands, Common 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 FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, FitLife Brands,'s Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The FitLife Brands,'s current Enterprise Value Multiple is estimated to increase to 13.54, while Sales General And Administrative To Revenue is projected to decrease to 0.14.
 2021 2023 2024 (projected)
Other Operating Expenses21.7M45.2M47.4M
Interest Expense25K1.0M1.1M

FitLife Brands, fundamental ratios Correlations

0.910.890.90.950.70.620.410.140.950.180.370.910.950.530.92-0.290.310.27-0.210.530.770.380.850.430.23
0.910.750.870.740.920.570.18-0.230.98-0.180.160.990.990.190.98-0.210.390.12-0.160.20.510.40.910.240.09
0.890.750.810.880.520.510.50.280.810.290.470.750.810.550.74-0.30.360.3-0.080.620.830.280.770.590.21
0.90.870.810.780.740.350.6-0.050.89-0.010.410.820.920.410.87-0.330.660.440.220.330.620.60.730.620.35
0.950.740.880.780.450.630.450.420.830.440.470.750.80.720.76-0.280.140.31-0.290.720.860.290.710.450.28
0.70.920.520.740.450.410.0-0.590.87-0.55-0.070.90.88-0.180.92-0.060.470.01-0.02-0.150.190.420.810.1-0.04
0.620.570.510.350.630.41-0.120.160.620.19-0.160.610.550.230.58-0.34-0.1-0.54-0.470.460.56-0.190.77-0.11-0.48
0.410.180.50.60.450.0-0.120.360.260.370.610.140.320.670.2-0.370.630.680.50.410.570.560.090.910.64
0.14-0.230.28-0.050.42-0.590.160.36-0.140.980.49-0.21-0.150.81-0.25-0.27-0.360.21-0.270.80.54-0.23-0.140.260.27
0.950.980.810.890.830.870.620.26-0.14-0.10.20.980.990.270.99-0.210.380.14-0.170.30.620.410.910.310.09
0.18-0.180.29-0.010.44-0.550.190.370.98-0.10.5-0.16-0.10.82-0.21-0.29-0.370.23-0.290.80.59-0.21-0.110.260.27
0.370.160.470.410.47-0.07-0.160.610.490.20.50.140.230.70.160.10.170.720.050.450.480.280.020.50.71
0.910.990.750.820.750.90.610.14-0.210.98-0.160.140.970.190.97-0.150.290.08-0.270.240.530.320.920.190.06
0.950.990.810.920.80.880.550.32-0.150.99-0.10.230.970.280.98-0.260.440.2-0.10.290.590.440.90.370.16
0.530.190.550.410.72-0.180.230.670.810.270.820.70.190.280.19-0.320.020.52-0.160.810.720.250.150.580.61
0.920.980.740.870.760.920.580.2-0.250.99-0.210.160.970.980.19-0.170.410.13-0.130.20.510.440.880.260.08
-0.29-0.21-0.3-0.33-0.28-0.06-0.34-0.37-0.27-0.21-0.290.1-0.15-0.26-0.32-0.17-0.320.05-0.24-0.27-0.37-0.27-0.28-0.460.0
0.310.390.360.660.140.47-0.10.63-0.360.38-0.370.170.290.440.020.41-0.320.350.81-0.110.120.670.30.720.25
0.270.120.30.440.310.01-0.540.680.210.140.230.720.080.20.520.130.050.350.310.180.250.63-0.170.670.93
-0.21-0.16-0.080.22-0.29-0.02-0.470.5-0.27-0.17-0.290.05-0.27-0.1-0.16-0.13-0.240.810.31-0.27-0.20.44-0.220.560.17
0.530.20.620.330.72-0.150.460.410.80.30.80.450.240.290.810.2-0.27-0.110.18-0.270.69-0.190.360.410.16
0.770.510.830.620.860.190.560.570.540.620.590.480.530.590.720.51-0.370.120.25-0.20.690.20.530.530.2
0.380.40.280.60.290.42-0.190.56-0.230.41-0.210.280.320.440.250.44-0.270.670.630.44-0.190.20.10.630.64
0.850.910.770.730.710.810.770.09-0.140.91-0.110.020.920.90.150.88-0.280.3-0.17-0.220.360.530.10.19-0.19
0.430.240.590.620.450.1-0.110.910.260.310.260.50.190.370.580.26-0.460.720.670.560.410.530.630.190.59
0.230.090.210.350.28-0.04-0.480.640.270.090.270.710.060.160.610.080.00.250.930.170.160.20.64-0.190.59
Click cells to compare fundamentals

FitLife Brands, Account Relationship Matchups

FitLife Brands, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3M16.8M21.5M25.7M55.3M58.1M
Short Long Term Debt Total500K254K661K158K20.1M21.2M
Other Current Liab256K833K632K1.2M1.5M1.6M
Total Current Liabilities2.8M4.1M4.1M4.1M10.3M10.9M
Total Stockholder Equity3.3M12.0M17.3M21.4M27.0M28.4M
Net Debt241K(11K)(5.7M)(9.7M)19.0M20.0M
Retained Earnings(27.1M)(18.4M)(13.1M)(13.2M)(3.4M)(3.6M)
Accounts Payable2.6M2.0M3.2M2.9M3.3M1.8M
Cash265K6.3M9.9M13.3M1.1M1.1M
Non Current Assets Total424K625K4.9M3.8M40.7M42.7M
Cash And Short Term Investments259K265K6.3M9.9M1.1M2.0M
Common Stock Shares Outstanding1.1M4.5M4.8M5.0M4.9M3.3M
Liabilities And Stockholders Equity5.9M6.3M16.8M21.5M55.3M58.1M
Total Liab3.0M4.7M4.2M4.3M28.3M29.7M
Total Current Assets5.7M11.9M17.7M17.7M14.7M7.8M
Common Stock106.8K111K12K46K41.4K39.3K
Property Plant And Equipment Net136K98K70K46K258K139.1K
Other Stockholder Equity32.7M30.4M30.4M30.4M30.7M27.7M
Property Plant Equipment136K98K70K46K52.9K50.3K
Net Receivables1.4M2.4M2.1M945K3.1M1.6M
Other Current Assets72K52K322K295K1.4M1.5M
Inventory3.5M3.0M3.4M6.5M9.1M9.5M
Short Term Debt500K46K50K55K4.7M4.9M
Net Tangible Assets3.1M11.8M16.8M21.4M24.6M25.8M
Common Stock Total Equity106.8K111K12K45K40.5K58.6K
Capital Surpluse32.0M32.1M32.2M30.1M34.6M33.2M
Net Invested Capital3.3M12.5M17.3M21.4M47.0M49.4M

Currently Active Assets on Macroaxis

When determining whether FitLife Brands, Common is a strong investment it is important to analyze FitLife Brands,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FitLife Brands,'s future performance. For an informed investment choice regarding FitLife Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FitLife Brands,. If investors know FitLife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FitLife Brands, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.325
Earnings Share
1.62
Revenue Per Share
13.316
Quarterly Revenue Growth
0.147
Return On Assets
0.1414
The market value of FitLife Brands, Common is measured differently than its book value, which is the value of FitLife that is recorded on the company's balance sheet. Investors also form their own opinion of FitLife Brands,'s value that differs from its market value or its book value, called intrinsic value, which is FitLife Brands,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FitLife Brands,'s market value can be influenced by many factors that don't directly affect FitLife Brands,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FitLife Brands,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if FitLife Brands, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FitLife Brands,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.