Franklin Other Stockholder Equity vs Other Current Assets Analysis
FKWL Stock | USD 2.95 0.01 0.34% |
Franklin Wireless financial indicator trend analysis is much more than just examining Franklin Wireless Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Wireless Corp is a good investment. Please check the relationship between Franklin Wireless Other Stockholder Equity and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless 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 housing.
Other Stockholder Equity vs Other Current Assets
Other Stockholder Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Wireless Corp Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Franklin Wireless' Other Stockholder Equity and Other Current Assets is 0.08. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Franklin Wireless Corp, assuming nothing else is changed. The correlation between historical values of Franklin Wireless' Other Stockholder Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Franklin Wireless Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Franklin Wireless' Other Stockholder Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Stockholder Equity
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Franklin Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Wireless 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 Franklin Wireless 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 housing. At this time, Franklin Wireless' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 28.71 this year, although the value of Tax Provision is projected to rise to (968.7 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8M | 7.0M | 8.1M | 6.8M | Total Revenue | 24.0M | 45.9M | 52.8M | 38.5M |
Franklin Wireless fundamental ratios Correlations
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Franklin Wireless Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franklin Wireless fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 65.4M | 57.8M | 52.0M | 56.9M | 65.5M | 68.7M | |
Other Current Liab | 500.7K | 1.1M | 596.6K | 3.3M | 3.7M | 3.9M | |
Total Current Liabilities | 43.0M | 11.2M | 9.3M | 16.5M | 19.0M | 19.9M | |
Total Stockholder Equity | 20.4M | 44.7M | 41.0M | 38.9M | 44.8M | 47.0M | |
Property Plant And Equipment Net | 1.4M | 904.9K | 554.6K | 253.8K | 228.4K | 456.6K | |
Net Debt | (26.5M) | (45.0M) | (25.8M) | (12.1M) | (10.9M) | (11.4M) | |
Retained Earnings | 18.0M | 35.7M | 32.0M | 29.1M | 33.5M | 35.1M | |
Accounts Payable | 42.1M | 9.7M | 8.1M | 13.0M | 14.9M | 15.6M | |
Cash | 28.2M | 45.8M | 26.3M | 12.2M | 14.1M | 11.0M | |
Non Current Assets Total | 4.0M | 3.0M | 3.7M | 5.1M | 5.8M | 3.3M | |
Non Currrent Assets Other | 283.4K | 140.5K | 126.1K | 126.5K | 113.9K | 154.1K | |
Cash And Short Term Investments | 33.5M | 51.2M | 42.6M | 39.0M | 44.8M | 47.1M | |
Net Receivables | 16.0M | 2.6M | 1.4M | 9.1M | 10.4M | 5.5M | |
Common Stock Shares Outstanding | 10.7M | 11.6M | 11.6M | 11.7M | 13.5M | 11.5M | |
Liabilities And Stockholders Equity | 65.4M | 57.8M | 52.0M | 56.9M | 65.5M | 68.7M | |
Non Current Liabilities Total | 1.3M | 467.9K | 159.1K | 122.2K | 110.0K | 104.5K | |
Inventory | 11.8M | 975.5K | 4.2M | 3.7M | 4.3M | 2.2M | |
Other Current Assets | 21.6K | 45.0K | 40.9K | 36.7K | 33.0K | 31.4K | |
Other Stockholder Equity | 3.0M | 9.4M | 10.0M | 10.9M | 12.5M | 13.1M | |
Total Liab | 44.3M | 11.6M | 9.4M | 16.5M | 19.0M | 19.9M | |
Property Plant And Equipment Gross | 1.4M | 904.9K | 1.4M | 906.4K | 815.8K | 508.5K | |
Total Current Assets | 61.4M | 54.8M | 48.4M | 51.9M | 59.6M | 62.6M | |
Accumulated Other Comprehensive Income | (650.4K) | (472.5K) | (984.2K) | (1.1M) | (1.2M) | (1.2M) | |
Short Term Debt | 400.5K | 317.5K | 308.8K | 159.1K | 143.2K | 166.6K | |
Common Stock | 14.0K | 14.1K | 14.2K | 14.3K | 12.8K | 12.2K | |
Other Assets | 1.2M | 528.1K | 1.5M | 2.4M | 2.7M | 1.4M | |
Property Plant Equipment | 1.4M | 904.9K | 554.6K | 253.8K | 228.4K | 368.7K | |
Intangible Assets | 1.1M | 1.2M | 1.4M | 2.2M | 2.5M | 1.5M | |
Short Term Investments | 5.4M | 5.4M | 16.3M | 26.7M | 30.7M | 32.3M | |
Net Tangible Assets | 19.0M | 43.2M | 39.4M | 36.5M | 41.9M | 24.9M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless 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 housing. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Franklin Wireless' price analysis, check to measure Franklin Wireless' 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 Franklin Wireless is operating at the current time. Most of Franklin Wireless' value examination focuses on studying past and present price action to predict the probability of Franklin Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Wireless' price. Additionally, you may evaluate how the addition of Franklin Wireless to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Wireless' 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 Franklin Wireless. If investors know Franklin 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 Franklin Wireless 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 2.667 | Earnings Share (0.20) | Revenue Per Share 3.537 | Quarterly Revenue Growth (0.48) | Return On Assets (0.04) |
The market value of Franklin Wireless Corp is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' 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 Franklin Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' 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 Franklin Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' 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.