Fubotv Net Receivables vs Cash And Short Term Investments Analysis

FUBO Stock  USD 1.45  0.07  4.61%   
Fubotv financial indicator trend analysis is much more than just examining Fubotv Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fubotv Inc is a good investment. Please check the relationship between Fubotv Net Receivables and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fubotv 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 bureau of labor statistics.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fubotv Inc Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fubotv's Net Receivables and Cash And Short Term Investments is 0.8. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Fubotv Inc, assuming nothing else is changed. The correlation between historical values of Fubotv's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Fubotv Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Fubotv's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Fubotv Inc balance sheet. This account contains Fubotv investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Fubotv Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Fubotv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fubotv 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 Fubotv 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 bureau of labor statistics.
At this time, Fubotv's Selling General Administrative is very stable compared to the past year. As of the 5th of November 2024, Sales General And Administrative To Revenue is likely to grow to 49.33, though Discontinued Operations is likely to grow to (117 M).

Fubotv fundamental ratios Correlations

0.960.960.830.950.55-0.940.970.990.70.970.780.890.980.950.940.980.880.830.950.930.870.940.850.660.71
0.961.00.660.950.71-1.00.920.930.70.920.860.970.990.990.960.970.730.940.950.960.960.870.950.820.59
0.961.00.660.950.73-1.00.920.940.660.920.850.980.990.990.960.970.750.940.970.970.960.870.950.820.6
0.830.660.660.660.01-0.610.80.870.560.80.40.510.690.630.610.730.950.440.680.580.50.860.430.210.89
0.950.950.950.660.69-0.950.970.920.770.970.90.940.970.981.00.990.710.890.940.990.90.870.920.70.47
0.550.710.730.010.69-0.760.50.510.330.50.740.840.710.770.740.620.230.810.720.780.840.40.880.89-0.02
-0.94-1.0-1.0-0.61-0.95-0.76-0.9-0.92-0.65-0.9-0.87-0.98-0.99-0.99-0.96-0.96-0.7-0.95-0.96-0.97-0.96-0.86-0.97-0.84-0.55
0.970.920.920.80.970.5-0.90.940.781.00.820.850.940.930.950.990.790.810.90.930.80.920.830.550.59
0.990.930.940.870.920.51-0.920.940.660.940.730.860.960.930.90.950.920.80.940.890.850.940.810.640.76
0.70.70.660.560.770.33-0.650.780.660.780.740.660.70.680.770.760.460.670.560.710.630.650.620.460.32
0.970.920.920.80.970.5-0.91.00.940.780.820.850.940.930.950.990.790.810.90.930.80.920.830.550.59
0.780.860.850.40.90.74-0.870.820.730.740.820.890.860.880.910.870.440.950.810.910.850.760.890.730.25
0.890.970.980.510.940.84-0.980.850.860.660.850.890.970.980.960.920.620.970.940.970.990.780.980.90.44
0.980.990.990.690.970.71-0.990.940.960.70.940.860.970.990.970.980.770.920.970.980.950.890.940.780.59
0.950.990.990.630.980.77-0.990.930.930.680.930.880.980.990.980.980.720.930.970.990.960.860.970.80.51
0.940.960.960.611.00.74-0.960.950.90.770.950.910.960.970.980.980.680.910.940.990.920.840.940.750.43
0.980.970.970.730.990.62-0.960.990.950.760.990.870.920.980.980.980.760.880.940.970.880.910.910.680.57
0.880.730.750.950.710.23-0.70.790.920.460.790.440.620.770.720.680.760.520.780.670.630.870.550.380.87
0.830.940.940.440.890.81-0.950.810.80.670.810.950.970.920.930.910.880.520.880.920.950.770.950.890.4
0.950.950.970.680.940.72-0.960.90.940.560.90.810.940.970.970.940.940.780.880.950.930.860.910.770.6
0.930.960.970.580.990.78-0.970.930.890.710.930.910.970.980.990.990.970.670.920.950.930.830.970.770.42
0.870.960.960.50.90.84-0.960.80.850.630.80.850.990.950.960.920.880.630.950.930.930.760.960.930.47
0.940.870.870.860.870.4-0.860.920.940.650.920.760.780.890.860.840.910.870.770.860.830.760.740.520.76
0.850.950.950.430.920.88-0.970.830.810.620.830.890.980.940.970.940.910.550.950.910.970.960.740.880.34
0.660.820.820.210.70.89-0.840.550.640.460.550.730.90.780.80.750.680.380.890.770.770.930.520.880.29
0.710.590.60.890.47-0.02-0.550.590.760.320.590.250.440.590.510.430.570.870.40.60.420.470.760.340.29
Click cells to compare fundamentals

Fubotv Account Relationship Matchups

Fubotv fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets288.5M859.3M1.4B1.3B1.2B1.3B
Other Current Liab3.4M149.1M223.1M297.0M339.6M356.6M
Total Current Liabilities67.4M227.3M337.3M438.8M517.3M543.2M
Total Stockholder Equity143.5M622.9M670.9M403.3M283.8M215.3M
Property Plant And Equipment Net3.9M6.4M44.6M40.9M40.7M42.7M
Net Debt45.7M(101.4M)(10.4M)105.7M197.7M207.6M
Retained Earnings(135.8M)(626.5M)(1.0B)(1.6B)(1.8B)(1.8B)
Cash7.6M134.9M374.3M337.1M245.3M257.5M
Non Current Assets Total270.5M702.6M941.3M840.9M845.9M888.2M
Non Currrent Assets Other(30.9M)1.4M48.2M9.7M24.0M25.2M
Cash And Short Term Investments7.6M134.9M374.3M337.1M245.3M257.5M
Common Stock Total Equity8K1K3K16K18.4K19.3K
Common Stock Shares Outstanding22.3M44.5M137.5M182.5M276.3M290.1M
Liabilities And Stockholders Equity288.5M859.3M1.4B1.3B1.2B1.3B
Other Stockholder Equity279.6M853.8M1.7B2.0B2.1B2.2B
Total Liab145.0M236.4M698.9M874.4M948.8M996.3M
Total Current Assets18.0M156.7M428.5M436.9M386.8M406.1M
Accumulated Other Comprehensive Income(770K)(11.1M)172K(595K)4.2M4.4M
Intangible Assets116.6M216.4M218.2M171.8M158.4M124.5M
Common Stock3K9K16K21K30K31.5K
Accounts Payable36.4M31.2M56.5M67.0M74.3M78.0M
Short Long Term Debt Total53.3M33.5M363.9M442.8M443.0M465.2M
Good Will148.1M478.4M630.3M618.5M622.8M364.2M
Short Term Debt6.6M29.6M13.4M9.4M13.2M8.0M
Current Deferred Revenue21.1M17.4M44.3M65.4M90.2M94.7M
Net Tangible Assets(144.3M)(467.5M)(166.4M)(377.0M)(339.3M)(322.3M)
Other Assets24K6.0M48.2M9.7M11.1M10.1M
Property Plant Equipment3.9M6.4M44.6M40.9M47.0M49.3M
Non Current Liabilities Total77.6M9.1M361.6M435.7M431.5M453.0M
Short Long Term Debt5.8M28.8M8.8M7.7M7.9M9.0M
Net Invested Capital170.2M256.2M1.0B815.1M695.3M495.4M
Net Working Capital(49.5M)(70.6M)91.2M(1.9M)(130.6M)(124.1M)
Other Liab30.9M5.2M11.1M2.3M2.1M2.0M
Capital Stock3K406.7M16K21K30K28.5K

Pair Trading with Fubotv

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fubotv position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fubotv will appreciate offsetting losses from the drop in the long position's value.

Moving against Fubotv Stock

  0.37MKDW MKDWELL Tech OrdinaryPairCorr
The ability to find closely correlated positions to Fubotv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fubotv when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fubotv - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fubotv Inc to buy it.
The correlation of Fubotv is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fubotv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fubotv Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fubotv can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Fubotv Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fubotv's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fubotv Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fubotv Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fubotv 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 bureau of labor statistics.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Systems Software 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 Fubotv. If investors know Fubotv 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 Fubotv listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
5.139
Quarterly Revenue Growth
0.203
Return On Assets
(0.12)
Return On Equity
(0.75)
The market value of Fubotv Inc is measured differently than its book value, which is the value of Fubotv that is recorded on the company's balance sheet. Investors also form their own opinion of Fubotv's value that differs from its market value or its book value, called intrinsic value, which is Fubotv'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 Fubotv's market value can be influenced by many factors that don't directly affect Fubotv'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 Fubotv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fubotv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fubotv'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.