Figs Total Assets vs Net Receivables 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 Total Assets and its Net Receivables 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Figs Inc Total Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Figs' Total Assets and Net Receivables is 0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Figs Inc, assuming nothing else is changed. The correlation between historical values of Figs' Total Assets 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 Total Assets of Figs 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 Total Assets i.e., Figs' Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Total Assets

Total assets refers to the total amount of Figs 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 Figs Inc 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 Receivables

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 Amortization	1.4M	2.9M	2.2M
Interest Income	1.7M	5.5M	5.8M

Depreciation And Amortization Interest Income

Figs fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.86	0.96	1.0	-0.75	1.0	0.78	0.73	-0.82	0.91	0.88	0.92	0.83	0.93	0.97	0.98	0.86	0.91	0.87	0.79	0.94	0.98	0.99	1.0	1.0	0.78
Other Current Liab	0.86		0.97	0.85	-0.48	0.87	0.48	0.59	-0.96	0.79	0.91	0.95	0.57	0.69	0.9	0.83	0.7	0.58	0.72	0.49	0.91	0.9	0.85	0.86	0.85	0.49
Total Current Liabilities	0.96	0.97		0.95	-0.65	0.96	0.65	0.69	-0.92	0.87	0.94	0.97	0.72	0.84	0.96	0.93	0.79	0.76	0.83	0.66	0.97	0.97	0.95	0.96	0.95	0.65
Total Stockholder Equity	1.0	0.85	0.95		-0.75	1.0	0.78	0.73	-0.82	0.91	0.87	0.92	0.83	0.93	0.97	0.98	0.86	0.91	0.86	0.79	0.94	0.98	0.99	1.0	1.0	0.78
Other Liab	-0.75	-0.48	-0.65	-0.75		-0.71	-0.88	-0.82	0.35	-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
Net Tangible Assets	1.0	0.87	0.96	1.0	-0.71		0.72	0.72	-0.83	0.88	0.88	0.93	0.78	0.92	0.98	0.97	0.85	0.88	0.83	0.73	0.95	0.98	0.99	0.99	1.0	0.72
Property Plant And Equipment Net	0.78	0.48	0.65	0.78	-0.88	0.72		0.66	-0.41	0.86	0.61	0.6	0.99	0.82	0.7	0.76	0.76	0.92	0.88	1.0	0.67	0.74	0.77	0.79	0.78	1.0
Current Deferred Revenue	0.73	0.59	0.69	0.73	-0.82	0.72	0.66		-0.37	0.78	0.81	0.51	0.68	0.88	0.72	0.58	0.93	0.6	0.84	0.67	0.84	0.76	0.68	0.76	0.73	0.63
Net Debt	-0.82	-0.96	-0.92	-0.82	0.35	-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
Retained Earnings	0.91	0.79	0.87	0.91	-0.74	0.88	0.86	0.78	-0.69		0.81	0.81	0.91	0.85	0.93	0.87	0.93	0.86	0.88	0.87	0.87	0.95	0.87	0.91	0.91	0.86
Accounts Payable	0.88	0.91	0.94	0.87	-0.75	0.88	0.61	0.81	-0.8	0.81		0.86	0.67	0.86	0.86	0.78	0.8	0.63	0.89	0.62	0.98	0.9	0.87	0.89	0.87	0.6
Cash	0.92	0.95	0.97	0.92	-0.54	0.93	0.6	0.51	-0.97	0.81	0.86		0.67	0.74	0.93	0.94	0.67	0.75	0.74	0.6	0.89	0.93	0.93	0.92	0.92	0.61
Non Current Assets Total	0.83	0.57	0.72	0.83	-0.87	0.78	0.99	0.68	-0.49	0.91	0.67	0.67		0.84	0.76	0.81	0.79	0.93	0.9	0.99	0.73	0.8	0.82	0.83	0.83	0.99
Non Currrent Assets Other	0.93	0.69	0.84	0.93	-0.91	0.92	0.82	0.88	-0.59	0.85	0.86	0.74	0.84		0.87	0.85	0.9	0.87	0.93	0.83	0.92	0.89	0.92	0.94	0.93	0.81
Other Assets	0.97	0.9	0.96	0.97	-0.63	0.98	0.7	0.72	-0.85	0.93	0.86	0.93	0.76	0.87		0.95	0.88	0.83	0.79	0.7	0.93	0.99	0.95	0.97	0.97	0.7
Cash And Short Term Investments	0.98	0.83	0.93	0.98	-0.66	0.97	0.76	0.58	-0.85	0.87	0.78	0.94	0.81	0.85	0.95		0.76	0.92	0.78	0.76	0.86	0.95	0.98	0.97	0.98	0.77
Net Receivables	0.86	0.7	0.79	0.86	-0.75	0.85	0.76	0.93	-0.53	0.93	0.8	0.67	0.79	0.9	0.88	0.76		0.77	0.83	0.77	0.87	0.9	0.8	0.87	0.86	0.74
Common Stock Total Equity	0.91	0.58	0.76	0.91	-0.78	0.88	0.92	0.6	-0.58	0.86	0.63	0.75	0.93	0.87	0.83	0.92	0.77		0.81	0.91	0.74	0.84	0.9	0.9	0.91	0.92
Common Stock Shares Outstanding	0.87	0.72	0.83	0.86	-0.95	0.83	0.88	0.84	-0.59	0.88	0.89	0.74	0.9	0.93	0.79	0.78	0.83	0.81		0.89	0.9	0.85	0.86	0.89	0.86	0.87
Non Current Liabilities Total	0.79	0.49	0.66	0.79	-0.89	0.73	1.0	0.67	-0.41	0.87	0.62	0.6	0.99	0.83	0.7	0.76	0.77	0.91	0.89		0.69	0.75	0.78	0.79	0.79	1.0
Inventory	0.94	0.91	0.97	0.94	-0.77	0.95	0.67	0.84	-0.81	0.87	0.98	0.89	0.73	0.92	0.93	0.86	0.87	0.74	0.9	0.69		0.96	0.93	0.96	0.94	0.66
Other Current Assets	0.98	0.9	0.97	0.98	-0.7	0.98	0.74	0.76	-0.84	0.95	0.9	0.93	0.8	0.89	0.99	0.95	0.9	0.84	0.85	0.75	0.96		0.96	0.98	0.98	0.74
Other Stockholder Equity	0.99	0.85	0.95	0.99	-0.75	0.99	0.77	0.68	-0.83	0.87	0.87	0.93	0.82	0.92	0.95	0.98	0.8	0.9	0.86	0.78	0.93	0.96		0.99	0.99	0.77
Total Liab	1.0	0.86	0.96	1.0	-0.77	0.99	0.79	0.76	-0.81	0.91	0.89	0.92	0.83	0.94	0.97	0.97	0.87	0.9	0.89	0.79	0.96	0.98	0.99		1.0	0.78
Net Invested Capital	1.0	0.85	0.95	1.0	-0.75	1.0	0.78	0.73	-0.82	0.91	0.87	0.92	0.83	0.93	0.97	0.98	0.86	0.91	0.86	0.79	0.94	0.98	0.99	1.0		0.78
Property Plant And Equipment Gross	0.78	0.49	0.65	0.78	-0.86	0.72	1.0	0.63	-0.42	0.86	0.6	0.61	0.99	0.81	0.7	0.77	0.74	0.92	0.87	1.0	0.66	0.74	0.77	0.78	0.78

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Figs Total Assets vs Net Receivables Analysis

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Assets

Net Receivables

Figs fundamental ratios Correlations

Figs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Total Stockholder Equity

Cash	- 0.97	Net Debt
Net Debt	- 0.96	Other Current Liab
Common Stock Shares Outstanding	- 0.95	Other Liab
Net Debt	- 0.92	Total Current Liabilities
Non Currrent Assets Other	- 0.91	Other Liab
Non Current Liabilities Total	- 0.89	Other Liab