Fiverr Other Current Assets vs Other Stockholder Equity Analysis
FVRR Stock | USD 32.83 0.26 0.79% |
Fiverr International financial indicator trend analysis is much more than just examining Fiverr International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fiverr International is a good investment. Please check the relationship between Fiverr International Other Current Assets and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiverr International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Fiverr Stock, please use our How to Invest in Fiverr International guide.
Other Current Assets vs Other Stockholder Equity
Other Current Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fiverr International Other Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Fiverr International's Other Current Assets and Other Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Fiverr International, assuming nothing else is changed. The correlation between historical values of Fiverr International's Other Current Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Fiverr International are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Assets i.e., Fiverr International's Other Current Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Other Stockholder Equity
Most indicators from Fiverr International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fiverr International 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 Fiverr International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Fiverr Stock, please use our How to Invest in Fiverr International guide.At this time, Fiverr International's Tax Provision is relatively stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Selling General Administrative is likely to drop slightly above 38.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 6.9M | 10.2M | 6.0M | 5.4M | Interest Income | 1.9M | 6.5M | 23.2M | 24.3M |
Fiverr International fundamental ratios Correlations
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Fiverr International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fiverr International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 236.4M | 861.2M | 931.6M | 923.8M | 1.0B | 653.3M | |
Short Long Term Debt Total | 6.1M | 373.8M | 401.0M | 463.7M | 462.4M | 269.4M | |
Other Current Liab | 74.4M | 117.8M | 157.5M | 171.3M | 185.9M | 122.5M | |
Total Current Liabilities | 81.9M | 145.9M | 189.0M | 197.1M | 205.4M | 143.9M | |
Total Stockholder Equity | 148.8M | 345.4M | 346.9M | 265.7M | 355.8M | 241.9M | |
Other Liab | 3.1M | 1.9M | 13.1M | 1.6M | 1.8M | 1.7M | |
Net Tangible Assets | 130.4M | 328.3M | 220.4M | 173.7M | 199.7M | 169.2M | |
Property Plant And Equipment Net | 5.3M | 21.9M | 18.3M | 14.7M | 11.5M | 12.9M | |
Current Deferred Revenue | 3.2M | 6.0M | 12.1M | 11.4M | 11.0M | 9.6M | |
Net Debt | (18.1M) | 105.8M | 329.8M | 377.0M | 277.4M | 156.4M | |
Retained Earnings | (157.8M) | (172.6M) | (237.6M) | (288.0M) | (284.4M) | (298.6M) | |
Accounts Payable | 3.7M | 3.6M | 8.7M | 8.6M | 5.5M | 5.7M | |
Cash | 24.2M | 268.0M | 71.2M | 86.8M | 183.7M | 112.8M | |
Non Current Assets Total | 49.2M | 270.1M | 463.4M | 298.6M | 429.1M | 241.3M | |
Non Currrent Assets Other | 3.7M | 3.0M | (56.6M) | 2.0M | 1.3M | 1.4M | |
Other Assets | 3.7M | 3.0M | 1.1M | 2.0M | 1.8M | 2.3M | |
Long Term Debt | 2.5M | 354.2M | 385.2M | 454.3M | 455.3M | 260.5M | |
Cash And Short Term Investments | 127.7M | 487.4M | 323.3M | 462.0M | 417.4M | 303.5M | |
Net Receivables | 3.1M | 5.4M | 14.3M | 19.0M | 24.2M | 25.4M | |
Common Stock Shares Outstanding | 20.5M | 32.3M | 36.0M | 36.9M | 39.2M | 34.0M | |
Short Term Investments | 103.6M | 219.4M | 252.2M | 375.3M | 233.7M | 190.8M | |
Liabilities And Stockholders Equity | 236.4M | 861.2M | 931.6M | 923.8M | 1.0B | 653.3M | |
Non Current Liabilities Total | 5.6M | 369.9M | 395.7M | 461.0M | 462.4M | 267.4M | |
Other Current Assets | 55.9M | 98.3M | 130.6M | 144.2M | 152.9M | 97.7M | |
Other Stockholder Equity | 306.6M | 517.4M | 585.5M | 565.8M | 640.8M | 456.5M | |
Total Liab | 87.6M | 515.8M | 584.7M | 658.1M | 667.8M | 411.3M | |
Net Invested Capital | 151.8M | 700.1M | 734.3M | 720.1M | 811.1M | 503.1M | |
Property Plant And Equipment Gross | 5.3M | 21.9M | 18.3M | 14.7M | 20.7M | 14.3M | |
Short Long Term Debt | 445K | 503K | 560K | 2.3M | 2.6M | 2.7M | |
Total Current Assets | 187.1M | 591.2M | 468.2M | 625.2M | 594.5M | 412.0M | |
Accumulated Other Comprehensive Income | 238K | 532K | (1.1M) | (12.1M) | (714K) | (749.7K) | |
Net Working Capital | 105.2M | 445.3M | 279.2M | 428.1M | 389.1M | 268.0M | |
Short Term Debt | 503K | 7.2M | 8.4M | 5.5M | 2.6M | 3.9M | |
Intangible Assets | 7.2M | 5.9M | 49.2M | 14.8M | 10.7M | 14.7M | |
Common Stock | 306.3M | 517.4M | 585.5M | 565.8M | 640.8M | 456.5M | |
Property Plant Equipment | 5.3M | 21.9M | 18.3M | 14.7M | 16.9M | 12.9M | |
Inventory | 324K | 346K | 3.0M | 1.1M | 1.3M | 1.1M |
Pair Trading with Fiverr International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fiverr International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fiverr International will appreciate offsetting losses from the drop in the long position's value.Moving together with Fiverr Stock
Moving against Fiverr Stock
0.83 | MG | Mistras Group | PairCorr |
0.73 | EXPO | Exponent | PairCorr |
0.66 | VCIG | VCI Global Limited Trending | PairCorr |
0.6 | FC | Franklin Covey | PairCorr |
0.5 | FA | First Advantage Corp | PairCorr |
The ability to find closely correlated positions to Fiverr International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiverr International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fiverr International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fiverr International to buy it.
The correlation of Fiverr International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fiverr International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiverr International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fiverr International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Fiverr Stock Analysis
When running Fiverr International's price analysis, check to measure Fiverr International'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 Fiverr International is operating at the current time. Most of Fiverr International's value examination focuses on studying past and present price action to predict the probability of Fiverr International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fiverr International's price. Additionally, you may evaluate how the addition of Fiverr International to your portfolios can decrease your overall portfolio volatility.