Figs Other Liab vs Common Stock Shares Outstanding Analysis

FIGS Stock  USD 4.98  0.06  1.22%   
Figs financial indicator trend analysis is much more than just examining Figs Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Figs Inc is a good investment. Please check the relationship between Figs Other Liab and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Figs Inc. 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.

Other Liab vs Common Stock Shares Outstanding

Other Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Figs Inc Other Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Figs' Other Liab and Common Stock Shares Outstanding is -0.95. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Figs Inc, assuming nothing else is changed. The correlation between historical values of Figs' Other Liab and Common Stock Shares Outstanding 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 Liab of Figs Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Liab i.e., Figs' Other Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Figs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Figs 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 Figs Inc. 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.
Tax Provision is likely to gain to about 12.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 104.3 M in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization1.4M2.9M2.2M
Interest Income1.7M5.5M5.8M

Figs fundamental ratios Correlations

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0.860.970.85-0.480.870.480.59-0.960.790.910.950.570.690.90.830.70.580.720.490.910.90.850.860.850.49
0.960.970.95-0.650.960.650.69-0.920.870.940.970.720.840.960.930.790.760.830.660.970.970.950.960.950.65
1.00.850.95-0.751.00.780.73-0.820.910.870.920.830.930.970.980.860.910.860.790.940.980.991.01.00.78
-0.75-0.48-0.65-0.75-0.71-0.88-0.820.35-0.74-0.75-0.54-0.87-0.91-0.63-0.66-0.75-0.78-0.95-0.89-0.77-0.7-0.75-0.77-0.75-0.86
1.00.870.961.0-0.710.720.72-0.830.880.880.930.780.920.980.970.850.880.830.730.950.980.990.991.00.72
0.780.480.650.78-0.880.720.66-0.410.860.610.60.990.820.70.760.760.920.881.00.670.740.770.790.781.0
0.730.590.690.73-0.820.720.66-0.370.780.810.510.680.880.720.580.930.60.840.670.840.760.680.760.730.63
-0.82-0.96-0.92-0.820.35-0.83-0.41-0.37-0.69-0.8-0.97-0.49-0.59-0.85-0.85-0.53-0.58-0.59-0.41-0.81-0.84-0.83-0.81-0.82-0.42
0.910.790.870.91-0.740.880.860.78-0.690.810.810.910.850.930.870.930.860.880.870.870.950.870.910.910.86
0.880.910.940.87-0.750.880.610.81-0.80.810.860.670.860.860.780.80.630.890.620.980.90.870.890.870.6
0.920.950.970.92-0.540.930.60.51-0.970.810.860.670.740.930.940.670.750.740.60.890.930.930.920.920.61
0.830.570.720.83-0.870.780.990.68-0.490.910.670.670.840.760.810.790.930.90.990.730.80.820.830.830.99
0.930.690.840.93-0.910.920.820.88-0.590.850.860.740.840.870.850.90.870.930.830.920.890.920.940.930.81
0.970.90.960.97-0.630.980.70.72-0.850.930.860.930.760.870.950.880.830.790.70.930.990.950.970.970.7
0.980.830.930.98-0.660.970.760.58-0.850.870.780.940.810.850.950.760.920.780.760.860.950.980.970.980.77
0.860.70.790.86-0.750.850.760.93-0.530.930.80.670.790.90.880.760.770.830.770.870.90.80.870.860.74
0.910.580.760.91-0.780.880.920.6-0.580.860.630.750.930.870.830.920.770.810.910.740.840.90.90.910.92
0.870.720.830.86-0.950.830.880.84-0.590.880.890.740.90.930.790.780.830.810.890.90.850.860.890.860.87
0.790.490.660.79-0.890.731.00.67-0.410.870.620.60.990.830.70.760.770.910.890.690.750.780.790.791.0
0.940.910.970.94-0.770.950.670.84-0.810.870.980.890.730.920.930.860.870.740.90.690.960.930.960.940.66
0.980.90.970.98-0.70.980.740.76-0.840.950.90.930.80.890.990.950.90.840.850.750.960.960.980.980.74
0.990.850.950.99-0.750.990.770.68-0.830.870.870.930.820.920.950.980.80.90.860.780.930.960.990.990.77
1.00.860.961.0-0.770.990.790.76-0.810.910.890.920.830.940.970.970.870.90.890.790.960.980.991.00.78
1.00.850.951.0-0.751.00.780.73-0.820.910.870.920.830.930.970.980.860.910.860.790.940.980.991.00.78
0.780.490.650.78-0.860.721.00.63-0.420.860.60.610.990.810.70.770.740.920.871.00.660.740.770.780.78
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Figs Account Relationship Matchups

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Additional Tools for Figs Stock Analysis

When running Figs' price analysis, check to measure Figs' 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 Figs is operating at the current time. Most of Figs' value examination focuses on studying past and present price action to predict the probability of Figs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Figs' price. Additionally, you may evaluate how the addition of Figs to your portfolios can decrease your overall portfolio volatility.