BitFuFu Total Current Liabilities vs Net Debt 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 Total Current Liabilities and its Net Debt 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.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Class A Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between BitFuFu's Total Current Liabilities and Net Debt is -1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of BitFuFu Class A are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., BitFuFu's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

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Total Current Liabilities

Total Current Liabilities is an item on BitFuFu balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BitFuFu Class A are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

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 Profit	9.0M	36.2M	12.7M	16.0M
Total Revenue	103.0M	198.2M	284.1M	161.3M

Gross Profit Total Revenue

BitFuFu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Retained Earnings	Accounts Payable	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Net Debt	Non Currrent Assets Other	Cash And Short Term Investments	Inventory	Short Term Debt	Other Assets
Total Assets		0.63	0.97	0.51	0.45	0.94	-0.05	0.96	0.67	0.08	0.97	0.98	0.97	0.83	0.99	0.13	0.94	-0.97	-0.12	0.97	0.92	0.3	0.92
Other Current Liab	0.63		0.42	0.97	0.05	0.34	-0.25	0.53	0.28	0.79	0.44	0.61	0.43	0.9	0.51	0.83	0.85	-0.44	-0.83	0.43	0.88	-0.54	0.44
Total Current Liabilities	0.97	0.42		0.29	0.46	1.0	-0.04	0.95	0.66	-0.17	1.0	0.94	1.0	0.69	0.99	-0.11	0.83	-1.0	0.12	1.0	0.79	0.52	0.95
Total Stockholder Equity	0.51	0.97	0.29		0.12	0.2	-0.1	0.4	0.28	0.89	0.3	0.53	0.29	0.81	0.4	0.92	0.77	-0.3	-0.92	0.3	0.81	-0.67	0.26
Current Deferred Revenue	0.45	0.05	0.46	0.12		0.47	0.87	0.59	0.95	-0.05	0.46	0.61	0.46	0.33	0.55	-0.07	0.38	-0.47	0.07	0.47	0.36	0.26	0.46
Retained Earnings	0.94	0.34	1.0	0.2	0.47		-0.01	0.94	0.66	-0.25	0.99	0.91	1.0	0.63	0.97	-0.2	0.78	-0.99	0.21	0.99	0.74	0.6	0.94
Accounts Payable	-0.05	-0.25	-0.04	-0.1	0.87	-0.01		0.11	0.68	-0.04	-0.03	0.15	-0.03	-0.08	0.06	-0.09	-0.08	0.03	0.09	-0.03	-0.08	0.07	-0.03
Common Stock Shares Outstanding	0.96	0.53	0.95	0.4	0.59	0.94	0.11		0.8	-0.01	0.95	0.96	0.95	0.82	0.97	0.03	0.87	-0.96	-0.03	0.95	0.85	0.37	0.98
Other Current Assets	0.67	0.28	0.66	0.28	0.95	0.66	0.68	0.8		0.03	0.66	0.8	0.66	0.59	0.74	0.03	0.61	-0.68	-0.02	0.67	0.6	0.26	0.7
Other Stockholder Equity	0.08	0.79	-0.17	0.89	-0.05	-0.25	-0.04	-0.01	0.03		-0.15	0.12	-0.16	0.53	-0.04	1.0	0.41	0.15	-1.0	-0.16	0.47	-0.93	-0.15
Total Liab	0.97	0.44	1.0	0.3	0.46	0.99	-0.03	0.95	0.66	-0.15		0.94	1.0	0.7	0.99	-0.1	0.84	-1.0	0.1	1.0	0.8	0.51	0.95
Net Invested Capital	0.98	0.61	0.94	0.53	0.61	0.91	0.15	0.96	0.8	0.12	0.94		0.94	0.83	0.98	0.16	0.93	-0.94	-0.16	0.94	0.91	0.26	0.89
Total Current Assets	0.97	0.43	1.0	0.29	0.46	1.0	-0.03	0.95	0.66	-0.16	1.0	0.94		0.69	0.99	-0.11	0.83	-1.0	0.12	1.0	0.8	0.52	0.95
Capital Stock	0.83	0.9	0.69	0.81	0.33	0.63	-0.08	0.82	0.59	0.53	0.7	0.83	0.69		0.76	0.57	0.94	-0.71	-0.57	0.7	0.95	-0.2	0.76
Net Working Capital	0.99	0.51	0.99	0.4	0.55	0.97	0.06	0.97	0.74	-0.04	0.99	0.98	0.99	0.76		0.0	0.89	-0.99	0.0	0.99	0.85	0.42	0.94
Common Stock	0.13	0.83	-0.11	0.92	-0.07	-0.2	-0.09	0.03	0.03	1.0	-0.1	0.16	-0.11	0.57	0.0		0.46	0.1	-1.0	-0.1	0.51	-0.91	-0.1
Short Long Term Debt Total	0.94	0.85	0.83	0.77	0.38	0.78	-0.08	0.87	0.61	0.41	0.84	0.93	0.83	0.94	0.89	0.46		-0.84	-0.45	0.84	1.0	-0.04	0.79
Net Debt	-0.97	-0.44	-1.0	-0.3	-0.47	-0.99	0.03	-0.96	-0.68	0.15	-1.0	-0.94	-1.0	-0.71	-0.99	0.1	-0.84		-0.1	-1.0	-0.8	-0.51	-0.96
Non Currrent Assets Other	-0.12	-0.83	0.12	-0.92	0.07	0.21	0.09	-0.03	-0.02	-1.0	0.1	-0.16	0.12	-0.57	0.0	-1.0	-0.45	-0.1		0.11	-0.51	0.91	0.1
Cash And Short Term Investments	0.97	0.43	1.0	0.3	0.47	0.99	-0.03	0.95	0.67	-0.16	1.0	0.94	1.0	0.7	0.99	-0.1	0.84	-1.0	0.11		0.8	0.51	0.95
Inventory	0.92	0.88	0.79	0.81	0.36	0.74	-0.08	0.85	0.6	0.47	0.8	0.91	0.8	0.95	0.85	0.51	1.0	-0.8	-0.51	0.8		-0.11	0.76
Short Term Debt	0.3	-0.54	0.52	-0.67	0.26	0.6	0.07	0.37	0.26	-0.93	0.51	0.26	0.52	-0.2	0.42	-0.91	-0.04	-0.51	0.91	0.51	-0.11		0.49
Other Assets	0.92	0.44	0.95	0.26	0.46	0.94	-0.03	0.98	0.7	-0.15	0.95	0.89	0.95	0.76	0.94	-0.1	0.79	-0.96	0.1	0.95	0.76	0.49

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BitFuFu Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

BitFuFu fundamental ratios Correlations

BitFuFu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for BitFuFu Stock Analysis

COMMON DESTINATIONS

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Retained Earnings	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Retained Earnings
Common Stock	+ 1.0	Other Stockholder Equity

Cash And Short Term Investments	- 1.0	Net Debt
Non Currrent Assets Other	- 1.0	Common Stock
Net Debt	- 1.0	Total Current Assets
Net Debt	- 1.0	Total Liab
Non Currrent Assets Other	- 1.0	Other Stockholder Equity
Net Debt	- 1.0	Total Current Liabilities