BitFuFu Inventory vs Retained Earnings Analysis

FUFU Stock   5.46  0.22  4.20%   
BitFuFu financial indicator trend analysis is way more than just evaluating BitFuFu Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Class A is a good investment. Please check the relationship between BitFuFu Inventory and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Class A Inventory account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between BitFuFu's Inventory and Retained Earnings is 0.74. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of BitFuFu Class A, assuming nothing else is changed. The correlation between historical values of BitFuFu's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of BitFuFu Class A are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., BitFuFu's Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from BitFuFu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Class A 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 BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Tax Provision is likely to gain to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.0M36.2M12.7M16.0M
Total Revenue103.0M198.2M284.1M161.3M

BitFuFu fundamental ratios Correlations

0.630.970.510.450.94-0.050.960.670.080.970.980.970.830.990.130.94-0.97-0.120.970.920.30.92
0.630.420.970.050.34-0.250.530.280.790.440.610.430.90.510.830.85-0.44-0.830.430.88-0.540.44
0.970.420.290.461.0-0.040.950.66-0.171.00.941.00.690.99-0.110.83-1.00.121.00.790.520.95
0.510.970.290.120.2-0.10.40.280.890.30.530.290.810.40.920.77-0.3-0.920.30.81-0.670.26
0.450.050.460.120.470.870.590.95-0.050.460.610.460.330.55-0.070.38-0.470.070.470.360.260.46
0.940.341.00.20.47-0.010.940.66-0.250.990.911.00.630.97-0.20.78-0.990.210.990.740.60.94
-0.05-0.25-0.04-0.10.87-0.010.110.68-0.04-0.030.15-0.03-0.080.06-0.09-0.080.030.09-0.03-0.080.07-0.03
0.960.530.950.40.590.940.110.8-0.010.950.960.950.820.970.030.87-0.96-0.030.950.850.370.98
0.670.280.660.280.950.660.680.80.030.660.80.660.590.740.030.61-0.68-0.020.670.60.260.7
0.080.79-0.170.89-0.05-0.25-0.04-0.010.03-0.150.12-0.160.53-0.041.00.410.15-1.0-0.160.47-0.93-0.15
0.970.441.00.30.460.99-0.030.950.66-0.150.941.00.70.99-0.10.84-1.00.11.00.80.510.95
0.980.610.940.530.610.910.150.960.80.120.940.940.830.980.160.93-0.94-0.160.940.910.260.89
0.970.431.00.290.461.0-0.030.950.66-0.161.00.940.690.99-0.110.83-1.00.121.00.80.520.95
0.830.90.690.810.330.63-0.080.820.590.530.70.830.690.760.570.94-0.71-0.570.70.95-0.20.76
0.990.510.990.40.550.970.060.970.74-0.040.990.980.990.760.00.89-0.990.00.990.850.420.94
0.130.83-0.110.92-0.07-0.2-0.090.030.031.0-0.10.16-0.110.570.00.460.1-1.0-0.10.51-0.91-0.1
0.940.850.830.770.380.78-0.080.870.610.410.840.930.830.940.890.46-0.84-0.450.841.0-0.040.79
-0.97-0.44-1.0-0.3-0.47-0.990.03-0.96-0.680.15-1.0-0.94-1.0-0.71-0.990.1-0.84-0.1-1.0-0.8-0.51-0.96
-0.12-0.830.12-0.920.070.210.09-0.03-0.02-1.00.1-0.160.12-0.570.0-1.0-0.45-0.10.11-0.510.910.1
0.970.431.00.30.470.99-0.030.950.67-0.161.00.941.00.70.99-0.10.84-1.00.110.80.510.95
0.920.880.790.810.360.74-0.080.850.60.470.80.910.80.950.850.511.0-0.8-0.510.8-0.110.76
0.3-0.540.52-0.670.260.60.070.370.26-0.930.510.260.52-0.20.42-0.91-0.04-0.510.910.51-0.110.49
0.920.440.950.260.460.94-0.030.980.7-0.150.950.890.950.760.94-0.10.79-0.960.10.950.760.49
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BitFuFu Account Relationship Matchups

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Additional Tools for BitFuFu Stock Analysis

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