Farmmi Cash vs Non Current Assets Total Analysis
FAMI Stock | USD 0.78 0.01 1.30% |
Farmmi financial indicator trend analysis is much more than just examining Farmmi Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Farmmi Inc is a good investment. Please check the relationship between Farmmi Cash and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Cash vs Non Current Assets Total
Cash vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Farmmi Inc Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Farmmi's Cash and Non Current Assets Total is 0.54. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Farmmi Inc, assuming nothing else is changed. The correlation between historical values of Farmmi's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Farmmi Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Farmmi's Cash and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Farmmi Inc, which is listed under current asset account on Farmmi Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Farmmi customers. The amounts must be unrestricted with restricted cash listed in a different Farmmi account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Farmmi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Farmmi 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 Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. As of now, Farmmi's Tax Provision is decreasing as compared to previous years. The Farmmi's current Sales General And Administrative To Revenue is estimated to increase to 0.03, while Discontinued Operations is projected to decrease to (46.7 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.4M | 4.3M | 4.9M | 4.9M | Total Revenue | 99.2M | 110.4M | 126.9M | 133.3M |
Farmmi fundamental ratios Correlations
Click cells to compare fundamentals
Farmmi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Farmmi fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.2M | 165.7M | 163.8M | 174.8M | 201.0M | 211.1M | |
Short Long Term Debt Total | 6.1M | 3.1M | 4.6M | 11.1M | 12.7M | 13.4M | |
Other Current Liab | 807.0K | 1.7M | 4.3M | 627.1K | 721.2K | 685.1K | |
Total Current Liabilities | 8.4M | 4.1M | 8.3M | 10.7M | 12.3M | 7.0M | |
Total Stockholder Equity | 28.3M | 159.9M | 154.7M | 162.0M | 186.3M | 195.6M | |
Net Tangible Assets | 21.5M | 28.2M | 159.8M | 154.7M | 177.9M | 186.8M | |
Property Plant And Equipment Net | 1.1M | 856.1K | 579.2K | 541.0K | 622.1K | 436.7K | |
Current Deferred Revenue | 5.9K | 1.7M | 57.6K | 33.8K | 30.4K | 28.9K | |
Net Debt | 5.6M | (56.2M) | (36.6M) | (1.7M) | (1.6M) | (1.6M) | |
Retained Earnings | 6.8M | 9.1M | 14.9M | 16.9M | 19.4M | 20.4M | |
Accounts Payable | 413.3K | 56.5K | 197.1K | 1.1M | 995.1K | 1.0M | |
Cash | 548.2K | 59.3M | 41.2M | 12.8M | 14.7M | 14.9M | |
Non Current Assets Total | 1.2M | 10.4M | 10.5M | 16.6M | 19.1M | 20.1M | |
Non Currrent Assets Other | 80.6K | 9.5M | 9.6M | 9.2M | 10.6M | 11.1M | |
Cash And Short Term Investments | 548.2K | 62.0M | 76.3M | 12.8M | 14.7M | 19.5M | |
Net Receivables | 10.8M | 24.5M | 19.9M | 24.8M | 28.5M | 14.9M | |
Common Stock Shares Outstanding | 649.8K | 4.2M | 23.2M | 8.5M | 9.7M | 10.2M | |
Liabilities And Stockholders Equity | 38.2M | 165.7M | 163.8M | 174.8M | 201.0M | 211.1M | |
Non Current Liabilities Total | 669.2K | 748.1K | 809.4K | 2.1M | 2.4M | 1.3M | |
Inventory | 583.6K | 1.4M | 716.3K | 3.9M | 4.5M | 4.7M | |
Other Current Assets | 143.4K | 490.7K | 206.6K | 347.2K | 399.3K | 230.2K | |
Other Stockholder Equity | 20.3M | 147.1M | 152.2M | 160.6M | 184.7M | 193.9M | |
Total Liab | 9.0M | 4.9M | 9.1M | 12.8M | 14.7M | 7.7M | |
Property Plant And Equipment Gross | 1.1M | 922.6K | 668.3K | 646.9K | 744.0K | 468.7K | |
Short Long Term Debt | 5.3M | 2.2M | 3.7M | 8.9M | 8.0M | 5.0M | |
Total Current Assets | 37.0M | 155.3M | 153.3M | 158.2M | 181.9M | 191.0M | |
Accumulated Other Comprehensive Income | 1.2M | 3.1M | (13.0M) | (16.7M) | (15.0M) | (14.3M) | |
Short Term Debt | 5.4M | 2.3M | 3.7M | 8.9M | 10.3M | 10.8M | |
Intangible Assets | 38.1K | 80.6K | 40.1K | 6.7K | 7.8K | 7.4K | |
Common Stock | 20.5K | 557.8K | 597.7K | 1.2M | 1.4M | 1.5M | |
Property Plant Equipment | 139.5K | 1.1M | 856.1K | 579.2K | 666.1K | 420.3K | |
Net Invested Capital | 33.6M | 162.2M | 158.7M | 172.5M | 198.4M | 208.3M | |
Net Working Capital | 28.7M | 151.2M | 145.0M | 147.5M | 169.6M | 178.1M |
Currently Active Assets on Macroaxis
When determining whether Farmmi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmmi'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 Farmmi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmmi Inc Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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When running Farmmi's price analysis, check to measure Farmmi'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 Farmmi is operating at the current time. Most of Farmmi's value examination focuses on studying past and present price action to predict the probability of Farmmi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farmmi's price. Additionally, you may evaluate how the addition of Farmmi to your portfolios can decrease your overall portfolio volatility.
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Is Farmmi'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 Farmmi. If investors know Farmmi 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 Farmmi 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 (0.91) | Earnings Share 2.4 | Revenue Per Share 30.413 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0075 |
The market value of Farmmi Inc is measured differently than its book value, which is the value of Farmmi that is recorded on the company's balance sheet. Investors also form their own opinion of Farmmi's value that differs from its market value or its book value, called intrinsic value, which is Farmmi'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 Farmmi's market value can be influenced by many factors that don't directly affect Farmmi'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 Farmmi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmmi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmmi'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.