Farmmi Other Current Liab vs Net Receivables Analysis

FAMI Stock  USD 0.84  0.03  3.45%   
Farmmi financial indicator trend analysis is much more than just examining Farmmi Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Farmmi Inc is a good investment. Please check the relationship between Farmmi Other Current Liab and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Other Current Liab vs Net Receivables

Other Current Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Farmmi Inc Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Farmmi's Other Current Liab and Net Receivables is 0.35. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Farmmi Inc, assuming nothing else is changed. The correlation between historical values of Farmmi's Other Current Liab and Net Receivables 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 Liab of Farmmi Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., Farmmi's Other Current Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Net Receivables

Most indicators from Farmmi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Farmmi Inc 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 Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
As of now, Farmmi's Tax Provision is decreasing as compared to previous years. The Farmmi's current Sales General And Administrative To Revenue is estimated to increase to 0.03, while Discontinued Operations is projected to decrease to (46.7 K).
 2021 2022 2023 2024 (projected)
Gross Profit5.4M4.3M4.9M4.9M
Total Revenue99.2M110.4M126.9M133.3M

Farmmi fundamental ratios Correlations

0.680.260.471.01.00.64-0.24-0.550.93-0.170.70.980.991.00.590.660.90.050.780.10.270.820.630.751.0
0.68-0.150.740.660.640.31-0.160.190.670.470.00.810.640.670.88-0.020.530.020.40.120.320.490.880.330.69
0.26-0.150.240.270.290.22-0.23-0.50.25-0.460.480.120.290.27-0.340.630.35-0.540.580.140.460.41-0.330.230.26
0.470.740.240.450.440.36-0.050.160.450.34-0.010.530.440.460.460.040.57-0.250.430.160.490.40.460.310.47
1.00.660.270.451.00.64-0.25-0.570.93-0.180.710.971.01.00.580.680.90.060.780.10.260.820.610.761.0
1.00.640.290.441.00.65-0.25-0.590.92-0.20.730.961.01.00.560.70.90.060.780.10.260.820.590.761.0
0.640.310.220.360.640.650.39-0.520.62-0.430.590.540.590.60.070.530.680.070.440.150.070.760.050.610.61
-0.24-0.16-0.23-0.05-0.25-0.250.390.19-0.11-0.36-0.23-0.28-0.31-0.29-0.41-0.22-0.210.17-0.24-0.5-0.30.06-0.390.06-0.27
-0.550.19-0.50.16-0.57-0.59-0.520.19-0.370.59-0.98-0.37-0.6-0.570.22-0.94-0.58-0.09-0.54-0.060.1-0.430.19-0.58-0.54
0.930.670.250.450.930.920.62-0.11-0.37-0.280.510.920.90.910.60.510.83-0.030.740.080.390.910.620.710.92
-0.170.47-0.460.34-0.18-0.2-0.43-0.360.59-0.28-0.510.01-0.16-0.130.53-0.51-0.260.16-0.210.27-0.11-0.50.45-0.51-0.14
0.70.00.48-0.010.710.730.59-0.23-0.980.51-0.510.540.740.72-0.040.950.70.090.630.09-0.040.54-0.010.660.69
0.980.810.120.530.970.960.54-0.28-0.370.920.010.540.960.970.740.50.850.080.710.10.290.760.770.680.98
0.990.640.290.441.01.00.59-0.31-0.60.9-0.160.740.961.00.570.710.890.070.80.10.240.770.60.741.0
1.00.670.270.461.01.00.6-0.29-0.570.91-0.130.720.971.00.590.690.890.080.80.110.240.780.620.731.0
0.590.88-0.340.460.580.560.07-0.410.220.60.53-0.040.740.570.59-0.090.410.210.310.290.220.320.960.160.61
0.66-0.020.630.040.680.70.53-0.22-0.940.51-0.510.950.50.710.69-0.090.620.090.790.07-0.060.51-0.10.530.67
0.90.530.350.570.90.90.68-0.21-0.580.83-0.260.70.850.890.890.410.62-0.130.650.150.440.810.470.860.89
0.050.02-0.54-0.250.060.060.070.17-0.09-0.030.160.090.080.070.080.210.09-0.130.080.0-0.73-0.290.07-0.190.07
0.780.40.580.430.780.780.44-0.24-0.540.74-0.210.630.710.80.80.310.790.650.080.080.110.590.250.420.79
0.10.120.140.160.10.10.15-0.5-0.060.080.270.090.10.10.110.290.070.150.00.080.260.080.1-0.290.1
0.270.320.460.490.260.260.07-0.30.10.39-0.11-0.040.290.240.240.22-0.060.44-0.730.110.260.510.320.330.26
0.820.490.410.40.820.820.760.06-0.430.91-0.50.540.760.770.780.320.510.81-0.290.590.080.510.380.760.8
0.630.88-0.330.460.610.590.05-0.390.190.620.45-0.010.770.60.620.96-0.10.470.070.250.10.320.380.340.63
0.750.330.230.310.760.760.610.06-0.580.71-0.510.660.680.740.730.160.530.86-0.190.42-0.290.330.760.340.74
1.00.690.260.471.01.00.61-0.27-0.540.92-0.140.690.981.01.00.610.670.890.070.790.10.260.80.630.74
Click cells to compare fundamentals

Farmmi Account Relationship Matchups

Farmmi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.2M165.7M163.8M174.8M201.0M211.1M
Short Long Term Debt Total6.1M3.1M4.6M11.1M12.7M13.4M
Other Current Liab807.0K1.7M4.3M627.1K721.2K685.1K
Total Current Liabilities8.4M4.1M8.3M10.7M12.3M7.0M
Total Stockholder Equity28.3M159.9M154.7M162.0M186.3M195.6M
Net Tangible Assets21.5M28.2M159.8M154.7M177.9M186.8M
Property Plant And Equipment Net1.1M856.1K579.2K541.0K622.1K436.7K
Current Deferred Revenue5.9K1.7M57.6K33.8K30.4K28.9K
Net Debt5.6M(56.2M)(36.6M)(1.7M)(1.6M)(1.6M)
Retained Earnings6.8M9.1M14.9M16.9M19.4M20.4M
Accounts Payable413.3K56.5K197.1K1.1M995.1K1.0M
Cash548.2K59.3M41.2M12.8M14.7M14.9M
Non Current Assets Total1.2M10.4M10.5M16.6M19.1M20.1M
Non Currrent Assets Other80.6K9.5M9.6M9.2M10.6M11.1M
Cash And Short Term Investments548.2K62.0M76.3M12.8M14.7M19.5M
Net Receivables10.8M24.5M19.9M24.8M28.5M14.9M
Common Stock Shares Outstanding649.8K4.2M23.2M8.5M9.7M10.2M
Liabilities And Stockholders Equity38.2M165.7M163.8M174.8M201.0M211.1M
Non Current Liabilities Total669.2K748.1K809.4K2.1M2.4M1.3M
Inventory583.6K1.4M716.3K3.9M4.5M4.7M
Other Current Assets143.4K490.7K206.6K347.2K399.3K230.2K
Other Stockholder Equity20.3M147.1M152.2M160.6M184.7M193.9M
Total Liab9.0M4.9M9.1M12.8M14.7M7.7M
Property Plant And Equipment Gross1.1M922.6K668.3K646.9K744.0K468.7K
Short Long Term Debt5.3M2.2M3.7M8.9M8.0M5.0M
Total Current Assets37.0M155.3M153.3M158.2M181.9M191.0M
Accumulated Other Comprehensive Income1.2M3.1M(13.0M)(16.7M)(15.0M)(14.3M)
Short Term Debt5.4M2.3M3.7M8.9M10.3M10.8M
Intangible Assets38.1K80.6K40.1K6.7K7.8K7.4K
Common Stock20.5K557.8K597.7K1.2M1.4M1.5M
Property Plant Equipment139.5K1.1M856.1K579.2K666.1K420.3K
Net Invested Capital33.6M162.2M158.7M172.5M198.4M208.3M
Net Working Capital28.7M151.2M145.0M147.5M169.6M178.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Farmmi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmmi's 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 Farmmi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmmi Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Farmmi Stock analysis

When running Farmmi's price analysis, check to measure Farmmi'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 Farmmi is operating at the current time. Most of Farmmi's value examination focuses on studying past and present price action to predict the probability of Farmmi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farmmi's price. Additionally, you may evaluate how the addition of Farmmi to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is Farmmi's industry 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 Farmmi. If investors know Farmmi 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 Farmmi 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
(0.91)
Earnings Share
2.4
Revenue Per Share
30.413
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0075
The market value of Farmmi Inc is measured differently than its book value, which is the value of Farmmi that is recorded on the company's balance sheet. Investors also form their own opinion of Farmmi's value that differs from its market value or its book value, called intrinsic value, which is Farmmi'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 Farmmi's market value can be influenced by many factors that don't directly affect Farmmi'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 Farmmi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmmi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmmi'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.