Asset Breakdown
531.6 M
Assets Non Current
384.7 M
Goodwill
Tax Assets
266.1 M
Current Assets
| Total Assets | 797.73 Million | |
| Current Assets | 266.14 Million | |
| Assets Non Current | 531.59 Million | |
| Goodwill | 384.74 Million | |
| Tax Assets | 62.09 Million |
You think Funko (NASDAQ:FNKO) debt is an issue for institutional investors?
 | By Ellen Johnson | Macroaxis Story |
The next fiscal quarter end is expected on the 31st of December 2020. The stock is still going through an active upward rally. Funko Current Ratio is quite stable at the moment as compared to the past year. The company's current value of Current Ratio is estimated at 1.84. Debt to Equity Ratio is expected to rise to 2.40 this year, although the value of Earnings before Tax will most likely fall to about 15 M. Although many aggressive traders are getting into consumer cyclical space, Funko Inc may or may not be your first choice.
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Michael Smolkin
The company currently holds 276.33 M in liabilities with Debt to Equity (D/E) ratio of 0.91, which is about average as compared to similar companies. On a scale of 0 to 100, Funko holds a performance score of 11. The firm shows a Beta (market volatility) of -1.3566, which means a somewhat significant risk relative to the market. Let's try to break down what Funko's beta means in this case. As returns on the market increase, returns on owning Funko are expected to decrease by larger amounts. On the other hand, during market turmoil, Funko is expected to outperform it. Although it is vital to follow Funko Inc historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Funko Inc, which you can use to evaluate the performance of the firm. Please utilizes Funko Inc coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to make a quick decision on whether Funko price patterns will revert. Funko financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Funko, including all of Funko's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Funko assets, the company is considered highly leveraged. Understanding the composition and structure of overall Funko debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Understanding Funko Total Debt
Funko Inc liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Funko Inc has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Funko balance sheet include debt obligations and money owed to different Funko vendors, workers, and loan providers. Below is the chart of Funko main long-term debt accounts currently reported on its balance sheet. You can use Funko Inc financial leverage analysis tool to get a better grip on understanding its financial positionHow important is Funko's Liquidity
Funko financial leverage refers to using borrowed capital as a funding source to finance Funko Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Funko financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Funko's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Funko's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Funko's total debt and its cash.
A Deeper Perspective On Funko
Funko Inc reported the previous year's revenue of 639.58 M. Net Loss for the year was (9.16 M) with profit before overhead, payroll, taxes, and interest of 299.32 M.
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 ArchitectEditorial Staff
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Funko Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.