Fundamental Intangible Assets vs Total Current Assets Analysis

FGF Stock  USD 18.56  2.95  13.71%   
Fundamental Global financial indicator trend analysis is much more than just examining Fundamental Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fundamental Global is a good investment. Please check the relationship between Fundamental Global Intangible Assets and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fundamental Global. 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.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fundamental Global Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fundamental Global's Intangible Assets and Total Current Assets is 0.33. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Fundamental Global, assuming nothing else is changed. The correlation between historical values of Fundamental Global's Intangible Assets and Total Current 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 Intangible Assets of Fundamental Global are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Fundamental Global's Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Fundamental Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fundamental Global 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 Fundamental Global. 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.
At this time, Fundamental Global's Enterprise Value is most likely to decrease significantly in the upcoming years.

Fundamental Global fundamental ratios Correlations

0.10.680.86-0.450.260.570.480.5-0.740.620.480.30.4-0.090.50.740.890.660.67-0.79-0.7-0.16-0.71-0.220.22
0.10.00.240.410.20.51-0.42-0.210.460.67-0.420.140.910.150.030.09-0.11-0.360.020.14-0.47-0.16-0.03-0.88-0.01
0.680.00.5-0.210.130.010.170.86-0.660.160.170.090.19-0.170.420.310.690.320.21-0.41-0.390.01-0.27-0.12-0.3
0.860.240.5-0.360.080.550.450.42-0.440.550.450.10.520.160.660.890.550.570.43-0.7-0.81-0.41-0.83-0.31-0.03
-0.450.41-0.21-0.36-0.4-0.25-0.98-0.160.50.04-0.980.320.240.53-0.14-0.32-0.47-0.86-0.110.570.02-0.210.3-0.24-0.26
0.260.20.130.08-0.40.280.30.1-0.220.20.310.030.12-0.58-0.04-0.260.380.210.140.040.120.20.25-0.150.44
0.570.510.010.55-0.250.280.25-0.29-0.140.910.250.010.7-0.240.020.520.440.30.54-0.6-0.60.11-0.42-0.650.6
0.48-0.420.170.45-0.980.30.250.17-0.5-0.031.0-0.26-0.23-0.370.250.450.440.90.13-0.61-0.130.05-0.450.260.2
0.5-0.210.860.42-0.160.1-0.290.17-0.66-0.170.160.04-0.08-0.040.660.210.470.250.04-0.16-0.22-0.27-0.250.1-0.53
-0.740.46-0.66-0.440.5-0.22-0.14-0.5-0.66-0.14-0.49-0.170.210.31-0.39-0.37-0.87-0.59-0.560.580.210.00.41-0.25-0.19
0.620.670.160.550.040.20.91-0.03-0.17-0.14-0.030.320.83-0.010.090.520.490.140.65-0.49-0.71-0.04-0.44-0.740.49
0.48-0.420.170.45-0.980.310.251.00.16-0.49-0.03-0.25-0.23-0.370.240.450.440.90.12-0.61-0.130.06-0.440.260.2
0.30.140.090.10.320.030.01-0.260.04-0.170.32-0.250.150.560.040.180.330.080.49-0.09-0.32-0.31-0.30.00.17
0.40.910.190.520.240.120.7-0.23-0.080.210.83-0.230.150.160.160.410.14-0.080.23-0.24-0.72-0.13-0.33-0.920.03
-0.090.15-0.170.160.53-0.58-0.24-0.37-0.040.31-0.01-0.370.560.160.240.37-0.33-0.14-0.030.07-0.4-0.64-0.450.0-0.44
0.50.030.420.66-0.14-0.040.020.250.66-0.390.090.240.040.160.240.540.230.280.11-0.15-0.47-0.73-0.58-0.1-0.45
0.740.090.310.89-0.32-0.260.520.450.21-0.370.520.450.180.410.370.540.430.620.44-0.8-0.84-0.42-0.97-0.22-0.03
0.89-0.110.690.55-0.470.380.440.440.47-0.870.490.440.330.14-0.330.230.430.610.72-0.7-0.40.15-0.41-0.040.41
0.66-0.360.320.57-0.860.210.30.90.25-0.590.140.90.08-0.08-0.140.280.620.610.33-0.79-0.360.03-0.630.150.18
0.670.020.210.43-0.110.140.540.130.04-0.560.650.120.490.23-0.030.110.440.720.33-0.56-0.360.02-0.42-0.110.6
-0.790.14-0.41-0.70.570.04-0.6-0.61-0.160.58-0.49-0.61-0.09-0.240.07-0.15-0.8-0.7-0.79-0.560.61-0.160.720.11-0.29
-0.7-0.47-0.39-0.810.020.12-0.6-0.13-0.220.21-0.71-0.13-0.32-0.72-0.4-0.47-0.84-0.4-0.36-0.360.610.440.820.560.07
-0.16-0.160.01-0.41-0.210.20.110.05-0.270.0-0.040.06-0.31-0.13-0.64-0.73-0.420.150.030.02-0.160.440.550.010.41
-0.71-0.03-0.27-0.830.30.25-0.42-0.45-0.250.41-0.44-0.44-0.3-0.33-0.45-0.58-0.97-0.41-0.63-0.420.720.820.550.140.07
-0.22-0.88-0.12-0.31-0.24-0.15-0.650.260.1-0.25-0.740.260.0-0.920.0-0.1-0.22-0.040.15-0.110.110.560.010.140.0
0.22-0.01-0.3-0.03-0.260.440.60.2-0.53-0.190.490.20.170.03-0.44-0.45-0.030.410.180.6-0.290.070.410.070.0
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Fundamental Global Account Relationship Matchups

Fundamental Global fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets34.7M40.8M49.5M65.7M109.5M76.7M
Other Current Liab(1.7M)(502K)(4.9M)9.0M22.4M23.6M
Total Current Liabilities455K502K723K206K2.9M1.5M
Total Stockholder Equity34.2M34.0M37.3M35.1M74.2M46.2M
Net Debt(3.9M)(8.8M)5.5M3.5M(4.1M)(4.3M)
Retained Earnings(24.2M)(34.4M)(35.1M)2.3M(229K)(240.5K)
Accounts Payable455K502K723K206K5.7M6.0M
Cash12.1M15.5M3.0M6.0M7.8M7.4M
Non Current Assets Total17.9M1.4M841K4.6M4.1M3.9M
Non Currrent Assets Other(17.9M)(786K)(841K)(4.6M)1.1M1.1M
Other Assets3.0M20.0M20.8M37.2M92.8M97.4M
Cash And Short Term Investments12.1M15.5M3.0M6.0M7.8M7.4M
Net Receivables1.7M3.9M9.3M21.6M3.4M6.2M
Common Stock Shares Outstanding229.9K208.5K321.2K400K1.1M1.1M
Liabilities And Stockholders Equity34.7M40.8M49.5M62.1M109.5M76.4M
Other Current Assets13.9M15.5M3.0M9.5M11.0M12.5M
Other Stockholder Equity40.9M46.0M50.0M34.7M50.9M43.7M
Total Liab455K502K12.2M23.2M35.3M21.3M
Total Current Assets13.9M19.4M27.8M24.0M12.6M24.1M
Intangible Assets591K353K786K1.5M1.8M1.4M
Property Plant And Equipment Net9.8M10.2M56K12.7M4.1M5.9M
Good Will919K938K942K882K793.8K753.0K
Inventory(13.9M)(15.5M)12.6M(24.0M)1.4M1.5M
Accumulated Other Comprehensive Income(3.9M)(3.7M)(5.3M)(4.7M)1.1M1.2M
Non Current Liabilities Total57.0K6.3M11.5M23.0M31.0M17.5M
Short Long Term Debt Total8.2M6.7M8.5M9.5M3.7M6.0M
Other Liab139K57K2.7M4.6M4.1M3.5M
Net Tangible Assets45.2M45.4M16.7M11.6M10.5M10.0M
Current Deferred Revenue(2.8M)(2.5M)2.1M(9.0M)857K899.9K
Net Invested Capital16.7M11.6M14.9M20.1M54.2M56.9M
Long Term Investments17.9M15.5M841K4.6M5.8M5.5M
Short Term Debt3.3M3.0M2.7M2.3M3.4M2.5M

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Other Information on Investing in Fundamental Stock

Balance Sheet is a snapshot of the financial position of Fundamental Global at a specified time, usually calculated after every quarter, six months, or one year. Fundamental Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fundamental Global 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 Fundamental currently owns. An asset can also be divided into two categories, current and non-current.