Fortune Net Working Capital vs Retained Earnings Analysis

FBIN Stock

70.06 1.23 1.79%

Fortune Brands financial indicator trend analysis is much more than just examining Fortune Brands Innov latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortune Brands Innov is a good investment. Please check the relationship between Fortune Brands Net Working Capital and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Innovations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Net Working Capital vs Retained Earnings

Net Working Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortune Brands Innov Net Working Capital account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Fortune Brands' Net Working Capital and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Fortune Brands Innovations, assuming nothing else is changed. The correlation between historical values of Fortune Brands' Net Working Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Fortune Brands Innovations are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Working Capital i.e., Fortune Brands' Net Working Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Working Capital

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Fortune Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortune Brands Innov 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 Fortune Brands Innovations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Fortune Brands' Tax Provision is very stable compared to the past year. As of the 2nd of June 2024, Discontinued Operations is likely to grow to about 141.3 M, while Selling General Administrative is likely to drop about 1 B.

	2021	2022	2023	2024 (projected)
Interest Expense	84.4M	119.2M	116.5M	70.2M
Depreciation And Amortization	201.7M	236M	152.5M	157.5M

Interest Expense Depreciation And Amortization

Fortune Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue
Total Assets		0.93	0.93	0.91	0.42	0.97	0.93	0.9	0.95	0.71	0.98	-0.05	0.71	0.92	0.93	-0.73	0.67	0.92	-0.1	-0.74	0.84	0.93	0.43	0.94	0.72	-0.15
Short Long Term Debt Total	0.93		0.78	0.9	0.46	0.93	0.99	0.91	0.84	0.78	0.9	-0.09	0.78	0.78	0.83	-0.75	0.55	0.93	-0.24	-0.73	0.74	0.87	0.55	0.88	0.78	-0.12
Other Current Liab	0.93	0.78		0.77	0.52	0.9	0.78	0.8	0.97	0.55	0.94	-0.06	0.55	0.93	0.93	-0.57	0.55	0.82	-0.2	-0.55	0.7	0.8	0.19	0.88	0.64	-0.25
Total Current Liabilities	0.91	0.9	0.77		0.43	0.87	0.88	0.85	0.87	0.77	0.85	0.08	0.77	0.85	0.82	-0.67	0.5	0.92	-0.12	-0.68	0.74	0.92	0.57	0.77	0.64	0.1
Total Stockholder Equity	0.42	0.46	0.52	0.43		0.34	0.43	0.51	0.57	0.52	0.45	0.07	0.52	0.59	0.53	-0.07	-0.37	0.47	-0.9	0.11	-0.14	0.32	0.21	0.37	0.29	-0.04
Property Plant And Equipment Net	0.97	0.93	0.9	0.87	0.34		0.94	0.9	0.91	0.64	0.96	-0.2	0.64	0.83	0.88	-0.79	0.71	0.9	-0.07	-0.8	0.86	0.88	0.38	0.95	0.81	-0.23
Net Debt	0.93	0.99	0.78	0.88	0.43	0.94		0.89	0.84	0.71	0.92	-0.11	0.71	0.78	0.84	-0.75	0.57	0.9	-0.23	-0.73	0.76	0.84	0.53	0.91	0.78	-0.16
Retained Earnings	0.9	0.91	0.8	0.85	0.51	0.9	0.89		0.85	0.78	0.86	-0.36	0.78	0.78	0.79	-0.86	0.48	0.91	-0.28	-0.8	0.67	0.87	0.38	0.82	0.86	-0.22
Accounts Payable	0.95	0.84	0.97	0.87	0.57	0.91	0.84	0.85		0.65	0.94	-0.01	0.65	0.96	0.93	-0.59	0.5	0.9	-0.24	-0.58	0.7	0.87	0.34	0.87	0.66	-0.08
Cash	0.71	0.78	0.55	0.77	0.52	0.64	0.71	0.78	0.65		0.6	0.01	1.0	0.61	0.53	-0.58	0.25	0.84	-0.25	-0.55	0.47	0.84	0.51	0.53	0.59	0.13
Non Current Assets Total	0.98	0.9	0.94	0.85	0.45	0.96	0.92	0.86	0.94	0.6		-0.06	0.6	0.91	0.97	-0.68	0.64	0.84	-0.17	-0.66	0.8	0.83	0.39	0.97	0.68	-0.28
Non Currrent Assets Other	-0.05	-0.09	-0.06	0.08	0.07	-0.2	-0.11	-0.36	-0.01	0.01	-0.06		0.01	0.14	0.06	0.53	-0.15	-0.11	0.05	0.48	-0.09	-0.02	0.31	-0.14	-0.64	0.47
Cash And Short Term Investments	0.71	0.78	0.55	0.77	0.52	0.64	0.71	0.78	0.65	1.0	0.6	0.01		0.61	0.53	-0.58	0.25	0.84	-0.25	-0.55	0.47	0.84	0.51	0.53	0.59	0.13
Net Receivables	0.92	0.78	0.93	0.85	0.59	0.83	0.78	0.78	0.96	0.61	0.91	0.14	0.61		0.95	-0.48	0.45	0.83	-0.26	-0.48	0.65	0.83	0.4	0.83	0.51	-0.04
Good Will	0.93	0.83	0.93	0.82	0.53	0.88	0.84	0.79	0.93	0.53	0.97	0.06	0.53	0.95		-0.55	0.53	0.77	-0.26	-0.52	0.7	0.76	0.4	0.93	0.54	-0.24
Common Stock Shares Outstanding	-0.73	-0.75	-0.57	-0.67	-0.07	-0.79	-0.75	-0.86	-0.59	-0.58	-0.68	0.53	-0.58	-0.48	-0.55		-0.66	-0.72	-0.09	0.95	-0.75	-0.72	-0.23	-0.68	-0.81	0.34
Non Current Liabilities Total	0.67	0.55	0.55	0.5	-0.37	0.71	0.57	0.48	0.5	0.25	0.64	-0.15	0.25	0.45	0.53	-0.66		0.52	0.6	-0.81	0.95	0.64	0.18	0.68	0.49	-0.22
Inventory	0.92	0.93	0.82	0.92	0.47	0.9	0.9	0.91	0.9	0.84	0.84	-0.11	0.84	0.83	0.77	-0.72	0.52		-0.16	-0.73	0.73	0.96	0.43	0.79	0.8	0.06
Other Current Assets	-0.1	-0.24	-0.2	-0.12	-0.9	-0.07	-0.23	-0.28	-0.24	-0.25	-0.17	0.05	-0.25	-0.26	-0.26	-0.09	0.6	-0.16		-0.31	0.43	0.03	-0.12	-0.14	-0.17	0.14
Other Stockholder Equity	-0.74	-0.73	-0.55	-0.68	0.11	-0.8	-0.73	-0.8	-0.58	-0.55	-0.66	0.48	-0.55	-0.48	-0.52	0.95	-0.81	-0.73	-0.31		-0.87	-0.78	-0.28	-0.67	-0.81	0.22
Total Liab	0.84	0.74	0.7	0.74	-0.14	0.86	0.76	0.67	0.7	0.47	0.8	-0.09	0.47	0.65	0.7	-0.75	0.95	0.73	0.43	-0.87		0.82	0.34	0.8	0.6	-0.14
Total Current Assets	0.93	0.87	0.8	0.92	0.32	0.88	0.84	0.87	0.87	0.84	0.83	-0.02	0.84	0.83	0.76	-0.72	0.64	0.96	0.03	-0.78	0.82		0.45	0.76	0.7	0.08
Short Term Debt	0.43	0.55	0.19	0.57	0.21	0.38	0.53	0.38	0.34	0.51	0.39	0.31	0.51	0.4	0.4	-0.23	0.18	0.43	-0.12	-0.28	0.34	0.45		0.42	0.15	0.39
Intangible Assets	0.94	0.88	0.88	0.77	0.37	0.95	0.91	0.82	0.87	0.53	0.97	-0.14	0.53	0.83	0.93	-0.68	0.68	0.79	-0.14	-0.67	0.8	0.76	0.42		0.69	-0.3
Common Stock	0.72	0.78	0.64	0.64	0.29	0.81	0.78	0.86	0.66	0.59	0.68	-0.64	0.59	0.51	0.54	-0.81	0.49	0.8	-0.17	-0.81	0.6	0.7	0.15	0.69		-0.31
Current Deferred Revenue	-0.15	-0.12	-0.25	0.1	-0.04	-0.23	-0.16	-0.22	-0.08	0.13	-0.28	0.47	0.13	-0.04	-0.24	0.34	-0.22	0.06	0.14	0.22	-0.14	0.08	0.39	-0.3	-0.31

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Fortune Brands Account Relationship Matchups

Fortune Brands fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	7.4B	7.9B	6.1B	6.5B	5.9B
Short Long Term Debt Total	2.2B	2.6B	2.7B	2.7B	2.7B	1.5B
Other Current Liab	549.6M	724.6M	806.2M	389.5M	628M	506.2M
Total Current Liabilities	1.4B	1.3B	2.0B	1.5B	1.2B	1.1B
Total Stockholder Equity	2.4B	2.8B	3.1B	2.1B	2.3B	2.3B
Property Plant And Equipment Net	824.2M	917.4M	1.0B	783.7M	975M	777.6M
Net Debt	1.8B	2.2B	2.2B	2.0B	2.3B	1.2B
Retained Earnings	1.8B	2.2B	2.8B	2.3B	2.6B	2.7B
Accounts Payable	460M	620.5M	764.9M	421.6M	531.4M	450.1M
Cash	387.9M	419.1M	471.5M	642.5M	366.4M	320.6M
Non Current Assets Total	4.4B	5.2B	5.2B	3.7B	4.5B	4.0B
Non Currrent Assets Other	257.2M	378.5M	299.2M	91.2M	(1.1B)	(1.0B)
Cash And Short Term Investments	387.9M	419.1M	471.5M	642.5M	366.4M	320.6M
Net Receivables	624.8M	734.9M	885.7M	521.9M	534.2M	577.3M
Good Will	2.1B	2.4B	2.5B	1.6B	1.9B	1.9B
Common Stock Shares Outstanding	141.3M	140.2M	139.5M	131.3M	127.7M	121.2M
Liabilities And Stockholders Equity	6.3B	7.4B	7.9B	6.1B	6.5B	5.9B
Non Current Liabilities Total	2.5B	3.2B	2.9B	2.5B	3.1B	2.4B
Inventory	718.6M	867.2M	1.2B	1.0B	941.3M	685.4M
Other Current Assets	166.9M	187.3M	193.5M	274.8M	155.8M	184.2M
Other Stockholder Equity	734.4M	648.6M	279.6M	(278.7M)	(377.1M)	(358.2M)
Total Liab	3.9B	4.6B	4.9B	4.0B	4.2B	3.6B
Total Current Assets	1.9B	2.2B	2.7B	2.5B	2.0B	1.8B
Accumulated Other Comprehensive Income	(72.6M)	(55.1M)	(24.6M)	37.4M	63.3M	66.5M
Short Term Debt	399.7M	38.5M	400M	599.2M	37.1M	35.2M
Intangible Assets	1.2B	1.4B	1.4B	1.0B	1.4B	1.1B
Long Term Debt	1.8B	2.6B	2.3B	2.1B	2.7B	2.4B
Net Invested Capital	4.6B	5.3B	5.8B	4.8B	5.0B	5.5B
Non Current Liabilities Other	171.2M	205.4M	176M	278.1M	99.2M	145M
Net Working Capital	488.9M	863.4M	773.4M	913.3M	845.3M	747.7M

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When determining whether Fortune Brands Innov offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortune Brands' 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 Fortune Brands Innovations Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortune Brands Innovations Stock:

How To Invest In Fortune

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Is Fortune Stock a good investment?

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What is Fortune Brands' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Innovations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Fortune Brands' price analysis, check to measure Fortune Brands' 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 Fortune Brands is operating at the current time. Most of Fortune Brands' value examination focuses on studying past and present price action to predict the probability of Fortune Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Brands' price. Additionally, you may evaluate how the addition of Fortune Brands to your portfolios can decrease your overall portfolio volatility.

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Is Fortune Brands' 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 Fortune Brands. If investors know Fortune 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 Fortune Brands 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

0.148

Dividend Share

0.94

Earnings Share

3.26

Revenue Per Share

37.202

Quarterly Revenue Growth

0.067

The market value of Fortune Brands Innov is measured differently than its book value, which is the value of Fortune that is recorded on the company's balance sheet. Investors also form their own opinion of Fortune Brands' value that differs from its market value or its book value, called intrinsic value, which is Fortune Brands' 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 Fortune Brands' market value can be influenced by many factors that don't directly affect Fortune Brands' 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 Fortune Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortune Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortune Brands' 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.

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Fortune Net Working Capital vs Retained Earnings Analysis

Net Working Capital vs Retained Earnings

Net Working Capital vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Working Capital

Retained Earnings

Fortune Brands fundamental ratios Correlations

Fortune Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fortune Brands fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.97	Total Assets
Accounts Payable	+ 0.97	Other Current Liab
Good Will	+ 0.97	Non Current Assets Total

Other Current Assets	- 0.9	Total Stockholder Equity
Total Liab	- 0.87	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.86	Retained Earnings
Common Stock	- 0.81	Other Stockholder Equity
Other Stockholder Equity	- 0.81	Non Current Liabilities Total
Common Stock	- 0.81	Common Stock Shares Outstanding