FitLife Property Plant Equipment vs Other Assets Analysis
FTLF Stock | USD 32.83 0.32 0.98% |
FitLife Brands, financial indicator trend analysis is much more than just examining FitLife Brands, Common latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FitLife Brands, Common is a good investment. Please check the relationship between FitLife Brands, Property Plant Equipment and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Property Plant Equipment vs Other Assets
Property Plant Equipment vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FitLife Brands, Common Property Plant Equipment account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between FitLife Brands,'s Property Plant Equipment and Other Assets is -0.2. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Assets in the same time period over historical financial statements of FitLife Brands, Common, assuming nothing else is changed. The correlation between historical values of FitLife Brands,'s Property Plant Equipment and Other 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 Property Plant Equipment of FitLife Brands, Common are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Property Plant Equipment i.e., FitLife Brands,'s Property Plant Equipment and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Other Assets
Most indicators from FitLife Brands,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FitLife Brands, Common 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 FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, FitLife Brands,'s Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The FitLife Brands,'s current Enterprise Value Multiple is estimated to increase to 11.78, while Sales General And Administrative To Revenue is projected to decrease to 0.14.
2021 | 2023 | 2024 (projected) | Other Operating Expenses | 21.7M | 43.5M | 45.7M | Interest Expense | 25K | 1.0M | 1.1M |
FitLife Brands, fundamental ratios Correlations
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FitLife Brands, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FitLife Brands, fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3M | 16.8M | 21.5M | 25.7M | 55.3M | 58.1M | |
Short Long Term Debt Total | 500K | 254K | 661K | 158K | 20.1M | 21.2M | |
Other Current Liab | 256K | 833K | 632K | 1.2M | 1.6M | 1.7M | |
Total Current Liabilities | 2.8M | 4.1M | 4.1M | 4.1M | 10.3M | 10.9M | |
Total Stockholder Equity | 3.3M | 12.0M | 17.3M | 21.4M | 27.0M | 28.4M | |
Net Debt | 241K | (11K) | (5.7M) | (9.7M) | 18.2M | 19.2M | |
Retained Earnings | (27.1M) | (18.4M) | (13.1M) | (13.2M) | (3.4M) | (3.6M) | |
Accounts Payable | 2.6M | 2.0M | 3.2M | 2.9M | 3.3M | 1.8M | |
Cash | 265K | 6.3M | 9.9M | 13.3M | 1.9M | 2.7M | |
Non Current Assets Total | 424K | 625K | 4.9M | 3.8M | 40.7M | 42.7M | |
Cash And Short Term Investments | 259K | 265K | 6.3M | 9.9M | 1.9M | 2.1M | |
Common Stock Shares Outstanding | 1.1M | 4.5M | 4.8M | 5.0M | 4.9M | 3.3M | |
Liabilities And Stockholders Equity | 5.9M | 6.3M | 16.8M | 21.5M | 55.3M | 58.1M | |
Total Liab | 3.0M | 4.7M | 4.2M | 4.3M | 28.3M | 29.7M | |
Total Current Assets | 5.7M | 11.9M | 17.7M | 17.7M | 14.7M | 7.8M | |
Common Stock | 106.8K | 111K | 12K | 46K | 41.4K | 39.3K | |
Property Plant And Equipment Net | 136K | 98K | 70K | 46K | 258K | 139.1K | |
Other Stockholder Equity | 32.7M | 30.4M | 30.4M | 30.4M | 30.7M | 27.7M | |
Property Plant Equipment | 136K | 98K | 70K | 46K | 52.9K | 50.3K | |
Net Receivables | 1.4M | 2.4M | 2.1M | 945K | 3.1M | 1.6M | |
Other Current Assets | 72K | 52K | 322K | 295K | 639K | 671.0K | |
Inventory | 3.5M | 3.0M | 3.4M | 6.5M | 9.1M | 9.5M | |
Short Term Debt | 500K | 46K | 50K | 55K | 4.6M | 4.8M | |
Net Tangible Assets | 3.1M | 11.8M | 16.8M | 21.4M | 24.6M | 25.8M | |
Common Stock Total Equity | 106.8K | 111K | 12K | 45K | 40.5K | 58.6K | |
Capital Surpluse | 32.0M | 32.1M | 32.2M | 30.1M | 34.6M | 33.2M | |
Net Invested Capital | 3.3M | 12.5M | 17.3M | 21.4M | 47.0M | 49.4M |
Currently Active Assets on Macroaxis
When determining whether FitLife Brands, Common is a strong investment it is important to analyze FitLife Brands,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FitLife Brands,'s future performance. For an informed investment choice regarding FitLife Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FitLife Brands,. If investors know FitLife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FitLife Brands, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.325 | Earnings Share 1.62 | Revenue Per Share 13.316 | Quarterly Revenue Growth 0.147 | Return On Assets 0.1414 |
The market value of FitLife Brands, Common is measured differently than its book value, which is the value of FitLife that is recorded on the company's balance sheet. Investors also form their own opinion of FitLife Brands,'s value that differs from its market value or its book value, called intrinsic value, which is FitLife Brands,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FitLife Brands,'s market value can be influenced by many factors that don't directly affect FitLife Brands,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FitLife Brands,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if FitLife Brands, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FitLife Brands,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.