First Other Stockholder Equity vs Inventory Analysis
FSLR Stock | USD 178.73 3.71 2.12% |
First Solar financial indicator trend analysis is much more than just examining First Solar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Solar is a good investment. Please check the relationship between First Solar Other Stockholder Equity and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in First Stock, please use our How to Invest in First Solar guide.
Other Stockholder Equity vs Inventory
Other Stockholder Equity vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Solar Other Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between First Solar's Other Stockholder Equity and Inventory is 0.46. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Inventory in the same time period over historical financial statements of First Solar, assuming nothing else is changed. The correlation between historical values of First Solar's Other Stockholder Equity and Inventory 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 First Solar are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Stockholder Equity i.e., First Solar's Other Stockholder Equity and Inventory go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Inventory
Most indicators from First Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Solar 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 First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in First Stock, please use our How to Invest in First Solar guide.At this time, First Solar's Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Tax Provision is likely to grow to about 48.3 M, while Enterprise Value is likely to drop slightly above 5.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 290.5M | 350.6M | 414.7M | 316.1M | Cost Of Revenue | 2.2B | 2.5B | 2.0B | 1.7B |
First Solar fundamental ratios Correlations
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First Solar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Solar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.5B | 7.1B | 7.4B | 8.3B | 10.4B | 5.3B | |
Short Long Term Debt Total | 471.7M | 279.2M | 239.9M | 193.5M | 624.4M | 655.6M | |
Total Stockholder Equity | 5.1B | 5.5B | 6.0B | 5.8B | 6.7B | 3.8B | |
Property Plant And Equipment Net | 2.7B | 2.6B | 2.9B | 3.5B | 4.5B | 4.7B | |
Net Debt | (881.0M) | (947.8M) | (1.2B) | (1.3B) | (1.3B) | (1.3B) | |
Cash | 1.4B | 1.2B | 1.5B | 1.5B | 1.9B | 1.0B | |
Non Current Assets Total | 3.9B | 4.1B | 4.2B | 4.5B | 5.7B | 6.0B | |
Non Currrent Assets Other | 1.0B | 940.8M | 946.0M | 588.3M | 545.4M | 705.6M | |
Other Assets | 1.0B | 1.4B | 1.1B | 777.9M | 894.6M | 965.4M | |
Cash And Short Term Investments | 2.2B | 1.7B | 1.8B | 2.6B | 2.1B | 1.4B | |
Net Receivables | 658.5M | 292.5M | 454.7M | 355.0M | 1.4B | 1.5B | |
Common Stock Shares Outstanding | 105.3M | 106.7M | 106.9M | 106.6M | 107.4M | 93.0M | |
Liabilities And Stockholders Equity | 7.5B | 7.1B | 7.4B | 8.3B | 10.4B | 5.3B | |
Non Current Liabilities Total | 1.1B | 740.6M | 727.3M | 1.4B | 2.4B | 2.5B | |
Inventory | 497.1M | 567.6M | 666.3M | 621.4M | 1.0B | 1.1B | |
Other Stockholder Equity | 2.8B | 2.9B | 2.9B | 2.9B | 2.9B | 2.1B | |
Total Liab | 2.4B | 1.6B | 1.5B | 2.4B | 3.7B | 3.9B | |
Total Current Assets | 3.6B | 3.0B | 3.2B | 3.8B | 4.6B | 2.5B | |
Property Plant And Equipment Gross | 2.8B | 2.4B | 2.9B | 3.5B | 6.2B | 6.5B | |
Other Current Liab | 759.4M | 433.7M | 327.7M | 424.2M | 578.8M | 419.9M | |
Total Current Liabilities | 1.3B | 847.4M | 726.9M | 1.0B | 1.3B | 813.0M | |
Retained Earnings | 2.3B | 2.7B | 3.2B | 3.1B | 4.0B | 4.2B | |
Accounts Payable | 218.1M | 183.3M | 193.4M | 341.4M | 207.2M | 184.8M | |
Short Term Investments | 811.5M | 520.1M | 375.4M | 1.1B | 155.5M | 147.7M | |
Other Current Assets | 280.0M | 251.7M | 244.2M | 237.1M | 33.0M | 31.4M | |
Accumulated Other Comprehensive Income | (79.3M) | (61.7M) | (96.4M) | (191.8M) | (174.1M) | (165.4M) | |
Other Liab | 526.8M | 502.9M | 345.4M | 1.2B | 1.3B | 1.4B | |
Long Term Debt | 454.2M | 237.7M | 236.0M | 184.3M | 464.1M | 290.2M | |
Short Term Debt | 17.5M | 41.5M | 3.9M | 9.2M | 106.6M | 111.9M | |
Intangible Assets | 64.5M | 56.1M | 45.5M | 31.1M | 64.5M | 82.4M | |
Property Plant Equipment | 2.3B | 2.6B | 2.9B | 3.6B | 4.2B | 4.4B | |
Current Deferred Revenue | 323.2M | 188.8M | 201.9M | 263.2M | 413.6M | 215.6M | |
Net Tangible Assets | 5.0B | 5.5B | 5.9B | 5.8B | 6.7B | 5.1B | |
Retained Earnings Total Equity | 2.4B | 2.3B | 2.7B | 3.2B | 3.7B | 2.4B | |
Long Term Debt Total | 461.2M | 454.2M | 237.7M | 236.0M | 271.4M | 337.2M | |
Capital Surpluse | 2.8B | 2.8B | 2.9B | 2.9B | 3.3B | 2.8B |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in First Stock, please use our How to Invest in First Solar guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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Is First Solar'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 First Solar. If investors know First 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 First Solar 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 2.058 | Earnings Share 7.74 | Revenue Per Share 31.075 | Quarterly Revenue Growth 0.156 | Return On Assets 0.0595 |
The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar'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 First Solar's market value can be influenced by many factors that don't directly affect First Solar'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 First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar'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.