Fabrinet Interest Expense vs Price to Sales Ratio 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 Interest Expense and its Price To Sales Ratio 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.

Interest Expense vs Price To Sales Ratio

Interest Expense vs Price to Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fabrinet Interest Expense account and Price to Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fabrinet's Interest Expense and Price to Sales Ratio is -0.09. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Price to Sales Ratio in the same time period over historical financial statements of Fabrinet, assuming nothing else is changed. The correlation between historical values of Fabrinet's Interest Expense and Price to Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Fabrinet are associated (or correlated) with its Price to Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price to Sales Ratio has no effect on the direction of Interest Expense i.e., Fabrinet's Interest Expense and Price to Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Fabrinet stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Fabrinet sales, a figure that is much harder to manipulate than other Fabrinet multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.
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 18th 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 Expense432K1.5M1.7M2.0M
Depreciation And Amortization39.5M43.8M50.4M52.9M

Fabrinet fundamental ratios Correlations

-0.310.880.981.00.98-0.37-0.670.990.980.630.98-0.080.970.980.760.790.30.990.93-0.620.810.981.0-0.090.85
-0.31-0.21-0.26-0.35-0.19-0.290.48-0.41-0.27-0.22-0.170.3-0.22-0.39-0.140.00.64-0.36-0.570.560.0-0.19-0.330.29-0.13
0.88-0.210.920.860.86-0.23-0.520.860.890.50.85-0.040.830.880.560.630.320.890.85-0.730.790.860.88-0.070.71
0.98-0.260.920.960.96-0.36-0.590.960.990.560.96-0.020.920.970.690.730.290.990.9-0.660.850.960.98-0.020.8
1.0-0.350.860.960.98-0.36-0.691.00.970.640.98-0.090.970.980.770.80.260.980.94-0.610.780.981.0-0.10.86
0.98-0.190.860.960.98-0.4-0.60.970.960.591.00.00.960.960.770.850.350.960.88-0.550.811.00.98-0.020.88
-0.37-0.29-0.23-0.36-0.36-0.40.24-0.32-0.39-0.32-0.41-0.34-0.47-0.27-0.67-0.43-0.36-0.34-0.12-0.05-0.38-0.4-0.36-0.22-0.33
-0.670.48-0.52-0.59-0.69-0.60.24-0.68-0.63-0.93-0.60.18-0.74-0.6-0.68-0.52-0.12-0.66-0.630.17-0.53-0.6-0.680.4-0.64
0.99-0.410.860.961.00.97-0.32-0.680.970.620.96-0.110.960.990.740.770.210.980.96-0.660.770.970.99-0.120.84
0.98-0.270.890.990.970.96-0.39-0.630.970.60.96-0.070.940.970.720.740.320.990.89-0.630.860.960.98-0.080.81
0.63-0.220.50.560.640.59-0.32-0.930.620.60.59-0.120.730.540.770.660.30.610.52-0.030.670.590.64-0.340.76
0.98-0.170.850.960.981.0-0.41-0.60.960.960.590.00.960.960.770.850.370.960.87-0.540.811.00.98-0.020.88
-0.080.3-0.04-0.02-0.090.0-0.340.18-0.11-0.07-0.120.0-0.07-0.10.070.09-0.26-0.11-0.160.18-0.060.0-0.090.87-0.04
0.97-0.220.830.920.970.96-0.47-0.740.960.940.730.96-0.070.920.810.820.390.940.86-0.480.790.960.97-0.130.87
0.98-0.390.880.970.980.96-0.27-0.60.990.970.540.96-0.10.920.690.750.20.980.96-0.710.770.960.99-0.060.81
0.76-0.140.560.690.770.77-0.67-0.680.740.720.770.770.070.810.690.860.280.720.6-0.210.720.770.75-0.060.87
0.790.00.630.730.80.85-0.43-0.520.770.740.660.850.090.820.750.860.40.740.64-0.230.720.850.780.010.96
0.30.640.320.290.260.35-0.36-0.120.210.320.30.37-0.260.390.20.280.40.250.040.180.450.350.28-0.340.36
0.99-0.360.890.990.980.96-0.34-0.660.980.990.610.96-0.110.940.980.720.740.250.93-0.660.820.960.99-0.110.81
0.93-0.570.850.90.940.88-0.12-0.630.960.890.520.87-0.160.860.960.60.640.040.93-0.790.660.880.94-0.150.73
-0.620.56-0.73-0.66-0.61-0.55-0.050.17-0.66-0.63-0.03-0.540.18-0.48-0.71-0.21-0.230.18-0.66-0.79-0.45-0.55-0.630.04-0.34
0.810.00.790.850.780.81-0.38-0.530.770.860.670.81-0.060.790.770.720.720.450.820.66-0.450.810.81-0.060.82
0.98-0.190.860.960.981.0-0.4-0.60.970.960.591.00.00.960.960.770.850.350.960.88-0.550.810.98-0.020.88
1.0-0.330.880.981.00.98-0.36-0.680.990.980.640.98-0.090.970.990.750.780.280.990.94-0.630.810.98-0.110.85
-0.090.29-0.07-0.02-0.1-0.02-0.220.4-0.12-0.08-0.34-0.020.87-0.13-0.06-0.060.01-0.34-0.11-0.150.04-0.06-0.02-0.11-0.1
0.85-0.130.710.80.860.88-0.33-0.640.840.810.760.88-0.040.870.810.870.960.360.810.73-0.340.820.880.85-0.1
Click cells to compare fundamentals

Fabrinet Account Relationship Matchups

Fabrinet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.8B2.0B2.3B2.4B
Short Long Term Debt Total59.5M46.0M31.2M13.4M15.4M14.7M
Other Current Liab70.3M81.4M82.3M81.4M93.6M98.3M
Total Current Liabilities337.5M444.4M538.5M481.9M554.2M581.9M
Total Stockholder Equity974.4M1.1B1.3B1.5B1.7B1.8B
Property Plant And Equipment Net236.3M247.8M296.4M312.0M358.8M376.7M
Current Deferred Revenue1.6M1.7M2.0M6.0M5.4M3.4M
Net Debt(165.9M)(257.0M)(166.8M)(217.9M)(196.2M)(186.3M)
Retained Earnings868.1M1.0B1.2B1.5B1.7B1.8B
Accounts Payable251.6M346.6M439.7M381.1M438.3M460.2M
Cash225.4M303.0M198.0M231.4M266.1M161.9M
Non Current Assets Total246.5M263.6M310.5M327.1M376.2M395.0M
Non Currrent Assets Other202K1.8M652K635K730.3K1.1M
Cash And Short Term Investments488.1M547.9M478.2M550.5M633.0M664.7M
Net Receivables310.2M348.4M452.8M531.8M611.5M642.1M
Common Stock Total Equity385K388K390K393K452.0K381.4K
Common Stock Shares Outstanding37.7M37.6M37.4M36.9M42.4M38.6M
Liabilities And Stockholders Equity1.4B1.6B1.8B2.0B2.3B2.4B
Non Current Liabilities Total69.4M59.2M43.5M29.1M33.5M40.2M
Inventory309.8M422.1M557.1M519.6M597.5M627.4M
Other Current Assets13.9M22.6M25.2M42.9M49.3M51.8M
Other Stockholder Equity107.1M102.1M49.4M11.8M13.6M12.9M
Total Liab407.0M503.6M582.0M511.0M587.6M296.3M
Property Plant And Equipment Gross236.3M247.8M296.4M312.0M358.8M376.7M
Total Current Assets1.1B1.4B1.5B1.7B1.9B2.0B
Accumulated Other Comprehensive Income(1.1M)(6.3M)(12.8M)(8.1M)(9.3M)(9.8M)
Short Term Debt14.1M14.7M14.5M13.4M15.4M16.5M
Common Stock385K388K390K393K452.0K386.6K
Other Liab21.4M24.0M28.0M26.7M30.7M32.3M
Other Assets5.9M11.4M10.6M12.7M14.6M15.4M
Long Term Debt60.9M57.7M39.5M27.4M15.2M0.0
Intangible Assets4.3M4.4M3.5M2.4M2.8M2.4M
Property Plant Equipment236.3M247.8M296.4M310.4M356.9M178.6M
Short Term Investments262.7M245.0M280.2M319.1M367.0M385.3M
Net Tangible Assets970.1M1.1B1.3B1.5B1.7B1.8B
Retained Earnings Total Equity868.1M1.0B1.2B1.5B1.7B1.8B
Long Term Debt Total61.5M57.8M39.5M27.4M15.3M0.0
Capital Surpluse175.6M189.4M196.7M206.6M237.6M148.6M
Treasury Stock(42.4M)(47.8M)(68.5M)(87.3M)(78.6M)(74.7M)

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When determining whether Fabrinet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fabrinet'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 Fabrinet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fabrinet Stock:
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.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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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.