FG Annuities Total Assets vs Net Tangible Assets Analysis
FG Stock | USD 31.84 0.12 0.38% |
FG Annuities financial indicator trend analysis is much more than just examining FG Annuities Life latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FG Annuities Life is a good investment. Please check the relationship between FG Annuities Total Assets and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FG Annuities Life Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between FG Annuities' Total Assets and Net Tangible Assets is 0.18. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of FG Annuities Life, assuming nothing else is changed. The correlation between historical values of FG Annuities' Total Assets and Net Tangible Assets 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 Assets of FG Annuities Life are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., FG Annuities' Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of FG Annuities 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 FG Annuities Life 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.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from FG Annuities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FG Annuities Life 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 FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At this time, FG Annuities' Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The FG Annuities' current Enterprise Value Multiple is estimated to increase to 3.67, while Tax Provision is projected to decrease to roughly 129.2 M.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 2.1B | 4.4B | 5.4B | 5.7B | Total Revenue | 2.2B | 4.5B | 2.7B | 2.3B |
FG Annuities fundamental ratios Correlations
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FG Annuities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FG Annuities fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 39.8B | 48.7B | 55.1B | 70.2B | 85.0B | 95.8B | |
Total Current Liabilities | 206M | 220M | 231M | 367M | 46.2B | 48.5B | |
Total Stockholder Equity | 4.1B | 4.5B | 1.8B | 3.1B | 4.0B | 3.8B | |
Other Liab | 28.3B | 29.3B | 36.4B | 44.0B | 50.6B | 29.7B | |
Net Tangible Assets | 2.0B | 2.1B | 2.4B | (338M) | (388.7M) | (369.3M) | |
Net Debt | (286M) | (542M) | 167M | 202M | (83M) | (87.2M) | |
Retained Earnings | 136M | 1.0B | 1.5B | 1.9B | 2.4B | 2.6B | |
Accounts Payable | 206M | 220M | 231M | 378M | 207M | 279.6M | |
Cash | 889M | 1.5B | 960M | 1.6B | 2.3B | 2.5B | |
Non Current Assets Total | 31.9B | 37.9B | 41.5B | 68.6B | 11.6B | 11.0B | |
Non Currrent Assets Other | (31.9B) | (37.9B) | (764M) | 58.2B | 299M | 284.1M | |
Other Assets | (22.1B) | (24.7B) | (25.7B) | (40.4B) | 24.8B | 26.1B | |
Cash And Short Term Investments | 26.8B | 31.9B | 33.7B | 42.0B | 48.6B | 39.7B | |
Common Stock Shares Outstanding | 150M | 105M | 115M | 124M | 131M | 86.0M | |
Liabilities And Stockholders Equity | 39.8B | 48.7B | 55.1B | 70.2B | 85.0B | 95.7B | |
Other Stockholder Equity | 2.7B | 2.8B | 3.2B | 3.2B | 3.4B | 2.0B | |
Total Liab | 35.7B | 44.2B | 53.3B | 67.1B | 81.0B | 72.4B | |
Total Current Assets | 30.0B | 35.5B | 39.4B | 42.0B | 42.1B | 24.5B | |
Accumulated Other Comprehensive Income | 1.2B | 734M | (2.8B) | (2.0B) | (1.9B) | (1.8B) | |
Common Stock | 50.8B | 57.4B | 126.4K | 127.2K | 127.9K | 121.5K | |
Short Long Term Debt Total | 104.3B | 115.9B | 1.7B | 1.8B | 2.2B | 2.1B | |
Other Current Liab | (206M) | (220M) | (231M) | (11M) | 46.6B | 49.0B | |
Long Term Debt | 589M | 977M | 1.1B | 1.8B | 2.2B | 2.1B | |
Net Receivables | 3.2B | 3.7B | 5.6B | 9.0B | 13.4B | 9.9B | |
Short Term Investments | 26.0B | 30.3B | 32.8B | 41.9B | 26.5B | 30.3B | |
Long Term Debt Total | 99.3B | 109.9B | 1.1B | 1.8B | 2.2B | 2.1B | |
Non Current Liabilities Total | 605M | 1.1B | 231M | 66.7B | 81.0B | 85.0B | |
Inventory | 4.1B | (2.1B) | (2.7B) | (52.4B) | (47.2B) | (44.8B) | |
Other Current Assets | 4.3B | 2.1B | 2.7B | 931M | 837.9M | 796.0M | |
Cash And Equivalents | 20.2B | 17.6B | 960M | 1.6B | 2.3B | 2.2B | |
Short Term Debt | 6.0B | 5.0B | 6B | 547M | 727M | 0.0 | |
Intangible Assets | 1.9B | 2.2B | 3.7B | 4.2B | 5.6B | 2.9B | |
Property Plant Equipment | 41.3B | 37.4B | 19M | 21M | 18.9M | 18.0M |
Currently Active Assets on Macroaxis
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Life & Health Insurance 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 FG Annuities. If investors know FG Annuities 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 FG Annuities 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 0.49 | Dividend Share 0.87 | Earnings Share 3.84 | Revenue Per Share | Quarterly Revenue Growth (0.41) |
The market value of FG Annuities Life is measured differently than its book value, which is the value of FG Annuities that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' 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 FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' 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 FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' 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.