First Total Liab vs Total Stockholder Equity Analysis

FTHY Stock

USD 15.02 0.03 0.20%

First Trust financial indicator trend analysis is much more than just examining First Trust High latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Trust High is a good investment. Please check the relationship between First Trust Total Liab and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Trust High Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between First Trust's Total Liab and Total Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of First Trust High, assuming nothing else is changed. The correlation between historical values of First Trust's Total Liab and Total Stockholder Equity 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 Liab of First Trust High are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., First Trust's Total Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.

Most indicators from First Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Trust High 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 First Trust High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, First Trust's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 12.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 737.1 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	60.2M	51.7M	51.2M	43.5M
Net Interest Income	57.3M	44.7M	42.6M	39.3M

Interest Income Net Interest Income

First Trust fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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 Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets	Capital Stock	Common Stock
Total Assets		0.98	-0.85	0.85	0.99	0.98	0.98	0.85	0.89	1.0	-1.0	0.95	0.89	0.81	0.73	0.98	0.72	0.98	1.0	1.0	0.82	-0.74	-0.74
Short Long Term Debt Total	0.98		-0.75	0.75	0.94	1.0	0.93	0.75	0.8	0.98	-0.98	0.87	0.8	0.77	0.65	1.0	0.64	1.0	0.98	0.98	0.78	-0.73	-0.73
Other Current Liab	-0.85	-0.75		-1.0	-0.89	-0.75	-0.93	-1.0	-0.99	-0.85	0.86	-0.84	-0.99	-0.6	-0.54	-0.75	-0.51	-0.78	-0.84	-0.85	-0.63	0.56	0.56
Total Current Liabilities	0.85	0.75	-1.0		0.89	0.75	0.93	1.0	0.99	0.85	-0.86	0.85	0.99	0.61	0.55	0.75	0.52	0.78	0.84	0.85	0.63	-0.57	-0.57
Total Stockholder Equity	0.99	0.94	-0.89	0.89		0.94	0.98	0.89	0.92	0.99	-0.98	0.98	0.92	0.81	0.77	0.94	0.77	0.95	0.99	0.99	0.82	-0.74	-0.74
Net Debt	0.98	1.0	-0.75	0.75	0.94		0.93	0.75	0.8	0.98	-0.98	0.87	0.8	0.77	0.65	1.0	0.64	1.0	0.98	0.98	0.78	-0.73	-0.73
Retained Earnings	0.98	0.93	-0.93	0.93	0.98	0.93		0.93	0.96	0.98	-0.98	0.94	0.96	0.79	0.65	0.93	0.65	0.95	0.98	0.98	0.81	-0.66	-0.66
Accounts Payable	0.85	0.75	-1.0	1.0	0.89	0.75	0.93		0.99	0.85	-0.86	0.85	0.99	0.61	0.55	0.75	0.52	0.78	0.84	0.85	0.63	-0.57	-0.57
Cash	0.89	0.8	-0.99	0.99	0.92	0.8	0.96	0.99		0.89	-0.9	0.87	1.0	0.69	0.53	0.8	0.53	0.83	0.88	0.89	0.71	-0.54	-0.54
Non Current Assets Total	1.0	0.98	-0.85	0.85	0.99	0.98	0.98	0.85	0.89		-1.0	0.95	0.89	0.8	0.73	0.98	0.72	0.98	1.0	1.0	0.81	-0.75	-0.75
Non Currrent Assets Other	-1.0	-0.98	0.86	-0.86	-0.98	-0.98	-0.98	-0.86	-0.9	-1.0		-0.93	-0.9	-0.78	-0.69	-0.98	-0.68	-0.99	-1.0	-1.0	-0.8	0.74	0.74
Other Assets	0.95	0.87	-0.84	0.85	0.98	0.87	0.94	0.85	0.87	0.95	-0.93		0.87	0.83	0.86	0.87	0.87	0.89	0.95	0.95	0.84	-0.74	-0.74
Cash And Short Term Investments	0.89	0.8	-0.99	0.99	0.92	0.8	0.96	0.99	1.0	0.89	-0.9	0.87		0.69	0.53	0.8	0.53	0.83	0.88	0.89	0.71	-0.54	-0.54
Net Receivables	0.81	0.77	-0.6	0.61	0.81	0.77	0.79	0.61	0.69	0.8	-0.78	0.83	0.69		0.57	0.77	0.71	0.78	0.81	0.8	1.0	-0.31	-0.31
Common Stock Shares Outstanding	0.73	0.65	-0.54	0.55	0.77	0.65	0.65	0.55	0.53	0.73	-0.69	0.86	0.53	0.57		0.65	0.97	0.66	0.73	0.73	0.58	-0.85	-0.85
Non Current Liabilities Total	0.98	1.0	-0.75	0.75	0.94	1.0	0.93	0.75	0.8	0.98	-0.98	0.87	0.8	0.77	0.65		0.64	1.0	0.98	0.98	0.78	-0.73	-0.73
Other Stockholder Equity	0.72	0.64	-0.51	0.52	0.77	0.64	0.65	0.52	0.53	0.72	-0.68	0.87	0.53	0.71	0.97	0.64		0.64	0.72	0.72	0.71	-0.72	-0.72
Total Liab	0.98	1.0	-0.78	0.78	0.95	1.0	0.95	0.78	0.83	0.98	-0.99	0.89	0.83	0.78	0.66	1.0	0.64		0.99	0.98	0.79	-0.73	-0.73
Net Invested Capital	1.0	0.98	-0.84	0.84	0.99	0.98	0.98	0.84	0.88	1.0	-1.0	0.95	0.88	0.81	0.73	0.98	0.72	0.99		1.0	0.82	-0.75	-0.75
Long Term Investments	1.0	0.98	-0.85	0.85	0.99	0.98	0.98	0.85	0.89	1.0	-1.0	0.95	0.89	0.8	0.73	0.98	0.72	0.98	1.0		0.81	-0.75	-0.75
Total Current Assets	0.82	0.78	-0.63	0.63	0.82	0.78	0.81	0.63	0.71	0.81	-0.8	0.84	0.71	1.0	0.58	0.78	0.71	0.79	0.82	0.81		-0.33	-0.33
Capital Stock	-0.74	-0.73	0.56	-0.57	-0.74	-0.73	-0.66	-0.57	-0.54	-0.75	0.74	-0.74	-0.54	-0.31	-0.85	-0.73	-0.72	-0.73	-0.75	-0.75	-0.33		1.0
Common Stock	-0.74	-0.73	0.56	-0.57	-0.74	-0.73	-0.66	-0.57	-0.54	-0.75	0.74	-0.74	-0.54	-0.31	-0.85	-0.73	-0.72	-0.73	-0.75	-0.75	-0.33	1.0

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First Total Liab vs Total Stockholder Equity Analysis

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Liab

Total Stockholder Equity

First Trust fundamental ratios Correlations

First Trust Account Relationship Matchups

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Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Long Term Investments	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Long Term Investments	- 1.0	Non Currrent Assets Other
Net Invested Capital	- 1.0	Non Currrent Assets Other
Non Currrent Assets Other	- 1.0	Non Current Assets Total
Accounts Payable	- 1.0	Other Current Liab
Total Current Liabilities	- 1.0	Other Current Liab
Non Currrent Assets Other	- 1.0	Total Assets