Fastenal Net Working Capital vs Capital Surpluse Analysis
FAST Stock | USD 68.17 0.03 0.04% |
Fastenal financial indicator trend analysis is much more than just examining Fastenal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fastenal is a good investment. Please check the relationship between Fastenal Net Working Capital and its Capital Surpluse accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastenal Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Net Working Capital vs Capital Surpluse
Net Working Capital vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastenal Net Working Capital account and Capital Surpluse. At this time, the significance of the direction appears to have no relationship.
The correlation between Fastenal's Net Working Capital and Capital Surpluse is 0.0. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Fastenal Company, assuming nothing else is changed. The correlation between historical values of Fastenal's Net Working Capital and Capital Surpluse 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 Working Capital of Fastenal Company are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Working Capital i.e., Fastenal's Net Working Capital and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Net Working Capital
Capital Surpluse
Most indicators from Fastenal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fastenal 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 Fastenal Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Fastenal's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, whereas Enterprise Value Multiple is likely to drop 20.98 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 3.2B | 3.2B | 3.3B | Total Revenue | 6.0B | 7.0B | 7.3B | 7.7B |
Fastenal fundamental ratios Correlations
Click cells to compare fundamentals
Fastenal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fastenal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.0B | 4.3B | 4.5B | 4.5B | 4.7B | |
Short Long Term Debt Total | 590.6M | 650.1M | 636.8M | 802.1M | 535M | 324.0M | |
Total Current Liabilities | 544.7M | 612.7M | 682.2M | 789.8M | 661.3M | 694.4M | |
Total Stockholder Equity | 2.7B | 2.7B | 3.0B | 3.2B | 3.3B | 3.5B | |
Property Plant And Equipment Net | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | |
Net Debt | 415.7M | 404.4M | 400.6M | 572M | 313.7M | 329.4M | |
Retained Earnings | 2.6B | 2.7B | 3.0B | 3.2B | 3.4B | 3.5B | |
Cash | 174.9M | 245.7M | 236.2M | 230.1M | 221.3M | 232.4M | |
Non Current Assets Total | 1.3B | 1.5B | 1.4B | 1.4B | 1.4B | 1.5B | |
Non Currrent Assets Other | (23.1M) | 89.1M | 92.3M | 87.1M | 87.7M | 92.1M | |
Cash And Short Term Investments | 174.9M | 245.7M | 236.2M | 230.1M | 221.3M | 232.4M | |
Net Receivables | 741.8M | 769.4M | 900.2M | 1.0B | 1.1B | 1.1B | |
Liabilities And Stockholders Equity | 3.8B | 4.0B | 4.3B | 4.5B | 4.5B | 4.7B | |
Non Current Liabilities Total | 589.6M | 618.8M | 574.6M | 595.6M | 452.8M | 475.4M | |
Inventory | 1.4B | 1.3B | 1.5B | 1.7B | 1.5B | 1.6B | |
Other Current Assets | 157.4M | 140.3M | 188.1M | 165.4M | 189.3M | 198.8M | |
Other Stockholder Equity | 67.2M | 61.9M | 96.2M | 3.6M | 41M | 26.9M | |
Total Liab | 1.1B | 1.2B | 1.3B | 1.4B | 1.1B | 1.2B | |
Total Current Assets | 2.5B | 2.5B | 2.9B | 3.1B | 3.0B | 3.2B | |
Other Current Liab | 251.5M | 272.1M | 298.3M | 241.1M | 241M | 253.1M | |
Accounts Payable | 192.8M | 207M | 233.1M | 255M | 264.1M | 277.3M | |
Property Plant And Equipment Gross | 1.0M | 1.3B | 1.0B | 1.0B | 2.7B | 2.8B | |
Accumulated Other Comprehensive Income | (38.4M) | (21.2M) | (30.7M) | (64.8M) | (54.8M) | (52.1M) | |
Short Term Debt | 100.4M | 133.6M | 150.8M | 293.7M | 156.2M | 87.3M | |
Other Assets | 76.3M | 435K | 180.9M | 170.8M | 1.0 | 0.95 | |
Property Plant Equipment | 1.0B | 1.0B | 1.3B | 1.0B | 1.2B | 610.0M | |
Net Tangible Assets | 2.8B | 2.9B | 3.0B | 3.3B | 3.8B | 2.3B | |
Long Term Debt | 342M | 365M | 330M | 353.2M | 200M | 233.3M | |
Retained Earnings Total Equity | 2.6B | 2.7B | 3.0B | 3.2B | 3.7B | 2.1B | |
Capital Surpluse | 67.2M | 61.9M | 96.2M | 3.6M | 4.1M | 3.9M | |
Deferred Long Term Liab | 99.4M | 102.3M | 88.6M | 83.7M | 96.3M | 65.8M | |
Other Liab | 99.4M | 102.3M | 88.6M | 87.2M | 100.3M | 87.6M | |
Long Term Debt Total | 342M | 365M | 330M | 353.2M | 317.9M | 298.2M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastenal Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Fastenal Stock analysis
When running Fastenal's price analysis, check to measure Fastenal'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 Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Fastenal'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 Fastenal. If investors know Fastenal 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 Fastenal 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 0.006 | Dividend Share 1.44 | Earnings Share 2.02 | Revenue Per Share 12.915 | Quarterly Revenue Growth 0.019 |
The market value of Fastenal is measured differently than its book value, which is the value of Fastenal that is recorded on the company's balance sheet. Investors also form their own opinion of Fastenal's value that differs from its market value or its book value, called intrinsic value, which is Fastenal'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 Fastenal's market value can be influenced by many factors that don't directly affect Fastenal'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 Fastenal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fastenal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fastenal'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.