Figs Total Stockholder Equity vs Net Invested Capital 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 Stockholder Equity and its Net Invested Capital 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 Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Figs Inc Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Figs' Total Stockholder Equity and Net Invested Capital is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital 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 Stockholder Equity and Net Invested Capital 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 Stockholder Equity of Figs Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Figs' Total Stockholder Equity and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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

0.860.961.0-0.751.00.780.73-0.820.910.880.920.830.930.970.980.860.910.870.790.940.980.991.01.00.78
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
Click cells to compare fundamentals

Figs Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.