FGI Historical Balance Sheet

FGI Stock  USD 0.79  0.03  3.66%   
Trend analysis of FGI Industries balance sheet accounts such as Other Current Liabilities of 2.4 M or Total Current Liabilities of 28.3 M provides information on FGI Industries' total assets, liabilities, and equity, which is the actual value of FGI Industries to its prevalent stockholders. By breaking down trends over time using FGI Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining FGI Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FGI Industries is a good buy for the upcoming year.

FGI Industries Inventory

13.66 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.

About FGI Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of FGI Industries at a specified time, usually calculated after every quarter, six months, or one year. FGI Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FGI Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which FGI currently owns. An asset can also be divided into two categories, current and non-current.

FGI Industries Balance Sheet Chart

As of now, FGI Industries' Non Currrent Assets Other are increasing as compared to previous years. The FGI Industries' current Inventory is estimated to increase to about 13.7 M, while Total Assets are projected to decrease to under 61.6 M.

Total Assets

Total assets refers to the total amount of FGI Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in FGI Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on FGI Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FGI Industries 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.
Most accounts from FGI Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into FGI Industries current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 FGI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.As of now, FGI Industries' Non Currrent Assets Other are increasing as compared to previous years. The FGI Industries' current Inventory is estimated to increase to about 13.7 M, while Total Assets are projected to decrease to under 61.6 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total22.9M19.2M22.2M22.4M
Total Assets69.2M60.4M65.7M61.6M

FGI Industries balance sheet Correlations

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FGI Industries Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether FGI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FGI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fgi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fgi Industries Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Apparel, Accessories & Luxury Goods 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 FGI Industries. If investors know FGI 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 FGI Industries 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
0.836
Earnings Share
(0.03)
Revenue Per Share
12.66
Quarterly Revenue Growth
0.006
Return On Assets
0.0089
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.