Fabrinet Current Ratio vs Free Cash Flow per Share Analysis
FN Stock | USD 166.12 6.73 3.89% |
Fabrinet financial indicator trend analysis is much more than just examining Fabrinet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fabrinet is a good investment. Please check the relationship between Fabrinet Current Ratio and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.
Current Ratio vs Free Cash Flow Per Share
Current Ratio vs Free Cash Flow per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fabrinet Current Ratio account and Free Cash Flow per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fabrinet's Current Ratio and Free Cash Flow per Share is 0.35. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Fabrinet, assuming nothing else is changed. The correlation between historical values of Fabrinet's Current Ratio and Free Cash Flow per Share 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 Ratio of Fabrinet are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Current Ratio i.e., Fabrinet's Current Ratio and Free Cash Flow per Share go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most indicators from Fabrinet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fabrinet 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 Fabrinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.As of the 17th of April 2024, Tax Provision is likely to grow to about 14.7 M, while Selling General Administrative is likely to drop about 45.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 432K | 1.5M | 1.7M | 2.0M | Depreciation And Amortization | 39.5M | 43.8M | 50.4M | 52.9M |
Fabrinet fundamental ratios Correlations
Click cells to compare fundamentals
Fabrinet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fabrinet fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.6B | 1.8B | 2.0B | 2.3B | 2.4B | |
Short Long Term Debt Total | 59.5M | 46.0M | 31.2M | 13.4M | 15.4M | 14.7M | |
Other Current Liab | 70.3M | 81.4M | 82.3M | 81.4M | 93.6M | 98.3M | |
Total Current Liabilities | 337.5M | 444.4M | 538.5M | 481.9M | 554.2M | 581.9M | |
Total Stockholder Equity | 974.4M | 1.1B | 1.3B | 1.5B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 236.3M | 247.8M | 296.4M | 312.0M | 358.8M | 376.7M | |
Current Deferred Revenue | 1.6M | 1.7M | 2.0M | 6.0M | 5.4M | 3.4M | |
Net Debt | (165.9M) | (257.0M) | (166.8M) | (217.9M) | (196.2M) | (186.3M) | |
Retained Earnings | 868.1M | 1.0B | 1.2B | 1.5B | 1.7B | 1.8B | |
Accounts Payable | 251.6M | 346.6M | 439.7M | 381.1M | 438.3M | 460.2M | |
Cash | 225.4M | 303.0M | 198.0M | 231.4M | 266.1M | 161.9M | |
Non Current Assets Total | 246.5M | 263.6M | 310.5M | 327.1M | 376.2M | 395.0M | |
Non Currrent Assets Other | 202K | 1.8M | 652K | 635K | 730.3K | 1.1M | |
Cash And Short Term Investments | 488.1M | 547.9M | 478.2M | 550.5M | 633.0M | 664.7M | |
Net Receivables | 310.2M | 348.4M | 452.8M | 531.8M | 611.5M | 642.1M | |
Common Stock Total Equity | 385K | 388K | 390K | 393K | 452.0K | 381.4K | |
Common Stock Shares Outstanding | 37.7M | 37.6M | 37.4M | 36.9M | 42.4M | 38.6M | |
Liabilities And Stockholders Equity | 1.4B | 1.6B | 1.8B | 2.0B | 2.3B | 2.4B | |
Non Current Liabilities Total | 69.4M | 59.2M | 43.5M | 29.1M | 33.5M | 40.2M | |
Inventory | 309.8M | 422.1M | 557.1M | 519.6M | 597.5M | 627.4M | |
Other Current Assets | 13.9M | 22.6M | 25.2M | 42.9M | 49.3M | 51.8M | |
Other Stockholder Equity | 107.1M | 102.1M | 49.4M | 11.8M | 13.6M | 12.9M | |
Total Liab | 407.0M | 503.6M | 582.0M | 511.0M | 587.6M | 296.3M | |
Property Plant And Equipment Gross | 236.3M | 247.8M | 296.4M | 312.0M | 358.8M | 376.7M | |
Total Current Assets | 1.1B | 1.4B | 1.5B | 1.7B | 1.9B | 2.0B | |
Accumulated Other Comprehensive Income | (1.1M) | (6.3M) | (12.8M) | (8.1M) | (9.3M) | (9.8M) | |
Short Term Debt | 14.1M | 14.7M | 14.5M | 13.4M | 15.4M | 16.5M | |
Common Stock | 385K | 388K | 390K | 393K | 452.0K | 386.6K | |
Other Liab | 21.4M | 24.0M | 28.0M | 26.7M | 30.7M | 32.3M | |
Other Assets | 5.9M | 11.4M | 10.6M | 12.7M | 14.6M | 15.4M | |
Long Term Debt | 60.9M | 57.7M | 39.5M | 27.4M | 15.2M | 0.0 | |
Intangible Assets | 4.3M | 4.4M | 3.5M | 2.4M | 2.8M | 2.4M | |
Property Plant Equipment | 236.3M | 247.8M | 296.4M | 310.4M | 356.9M | 178.6M | |
Short Term Investments | 262.7M | 245.0M | 280.2M | 319.1M | 367.0M | 385.3M | |
Net Tangible Assets | 970.1M | 1.1B | 1.3B | 1.5B | 1.7B | 1.8B | |
Retained Earnings Total Equity | 868.1M | 1.0B | 1.2B | 1.5B | 1.7B | 1.8B | |
Long Term Debt Total | 61.5M | 57.8M | 39.5M | 27.4M | 15.3M | 0.0 | |
Capital Surpluse | 175.6M | 189.4M | 196.7M | 206.6M | 237.6M | 148.6M | |
Treasury Stock | (42.4M) | (47.8M) | (68.5M) | (87.3M) | (78.6M) | (74.7M) |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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Is Fabrinet'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 Fabrinet. If investors know Fabrinet 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 Fabrinet 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 0.105 | Earnings Share 6.93 | Revenue Per Share 74.744 | Quarterly Revenue Growth 0.066 | Return On Assets 0.0803 |
The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet'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 Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet'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 Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet'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.