First Current Deferred Revenue vs Cash And Short Term Investments Analysis
| FA Stock | USD 16.06 0.05 0.31% |
First Advantage financial indicator trend analysis is much more than just examining First Advantage Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Advantage Corp is a good investment. Please check the relationship between First Advantage Current Deferred Revenue 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 First Advantage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Current Deferred Revenue vs Cash And Short Term Investments
Current Deferred Revenue 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 First Advantage Corp Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Advantage's Current Deferred Revenue and Cash And Short Term Investments is -0.3. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of First Advantage Corp, assuming nothing else is changed. The correlation between historical values of First Advantage's Current Deferred Revenue 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 Current Deferred Revenue of First Advantage Corp 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 Current Deferred Revenue i.e., First Advantage's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of First Advantage Corp balance sheet. This account contains First Advantage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by First Advantage Corp 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 First Advantage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Advantage Corp 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 Advantage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At present, First Advantage's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.22, whereas Discontinued Operations is projected to grow to (3.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 712.3M | 810.0M | 763.8M | 544.5M | Interest Expense | 25.1M | 9.2M | 33.0M | 28.3M |
First Advantage fundamental ratios Correlations
Click cells to compare fundamentals
First Advantage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Advantage Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Advantage'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 First Advantage Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Advantage Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Advantage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the First Advantage Corp information on this page should be used as a complementary analysis to other First Advantage's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running First Advantage's price analysis, check to measure First Advantage's 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 First Advantage is operating at the current time. Most of First Advantage's value examination focuses on studying past and present price action to predict the probability of First Advantage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Advantage's price. Additionally, you may evaluate how the addition of First Advantage to your portfolios can decrease your overall portfolio volatility.
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Is First Advantage's industry 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 First Advantage. If investors know First 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 First Advantage 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 (0.24) | Earnings Share 0.23 | Revenue Per Share 5.279 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0246 |
The market value of First Advantage Corp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Advantage's value that differs from its market value or its book value, called intrinsic value, which is First Advantage'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 First Advantage's market value can be influenced by many factors that don't directly affect First Advantage'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 First Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Advantage'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.