Fulgent Property Plant And Equipment Net vs Property Plant Equipment Analysis

FLGT Stock  USD 21.45  1.18  5.82%   
Fulgent Genetics financial indicator trend analysis is much more than just examining Fulgent Genetics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fulgent Genetics is a good investment. Please check the relationship between Fulgent Genetics Property Plant And Equipment Net and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fulgent Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.

Property Plant And Equipment Net vs Property Plant Equipment

Property Plant And Equipment Net vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fulgent Genetics Property Plant And Equipment Net account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Fulgent Genetics' Property Plant And Equipment Net and Property Plant Equipment is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Fulgent Genetics, assuming nothing else is changed. The correlation between historical values of Fulgent Genetics' Property Plant And Equipment Net and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Fulgent Genetics are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Property Plant And Equipment Net i.e., Fulgent Genetics' Property Plant And Equipment Net and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Property Plant Equipment

Most indicators from Fulgent Genetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fulgent Genetics 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 Fulgent Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.At this time, Fulgent Genetics' Discontinued Operations is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 93.4 M in 2024, whereas Tax Provision is likely to drop slightly above 2.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit777.1M366.9M96.6M179.1M
Total Revenue992.6M619.0M289.2M266.7M

Fulgent Genetics fundamental ratios Correlations

0.920.851.00.990.98-0.90.980.850.870.87-0.150.430.890.660.930.660.510.910.960.970.890.96-0.59-0.590.81
0.920.930.910.90.9-0.820.850.940.810.77-0.330.240.820.80.860.80.360.90.980.870.850.88-0.58-0.580.72
0.850.930.840.830.76-0.870.781.00.910.54-0.30.480.920.910.880.90.070.930.890.720.950.72-0.56-0.560.47
1.00.910.840.990.98-0.90.990.840.860.87-0.150.430.890.650.930.640.520.910.950.970.890.96-0.59-0.590.81
0.990.90.830.990.98-0.930.970.820.880.87-0.040.470.870.680.920.680.480.90.960.960.870.96-0.6-0.60.79
0.980.90.760.980.98-0.830.960.770.770.95-0.140.270.780.570.880.580.640.860.951.00.781.0-0.59-0.590.9
-0.9-0.82-0.87-0.9-0.93-0.83-0.85-0.85-0.98-0.65-0.15-0.72-0.9-0.83-0.89-0.83-0.14-0.9-0.89-0.8-0.92-0.790.580.58-0.51
0.980.850.780.990.970.96-0.850.770.820.87-0.170.420.880.550.880.550.580.840.890.960.860.95-0.48-0.480.83
0.850.941.00.840.820.77-0.850.770.890.55-0.320.430.90.90.890.90.10.940.890.730.930.73-0.6-0.60.49
0.870.810.910.860.880.77-0.980.820.890.560.070.740.940.850.910.850.060.930.850.740.960.72-0.57-0.570.43
0.870.770.540.870.870.95-0.650.870.550.56-0.090.050.560.320.710.340.820.680.840.960.560.97-0.47-0.470.97
-0.15-0.33-0.3-0.15-0.04-0.14-0.15-0.17-0.320.07-0.090.45-0.22-0.02-0.190.0-0.27-0.21-0.14-0.17-0.19-0.170.130.13-0.28
0.430.240.480.430.470.27-0.720.420.430.740.050.450.660.560.490.54-0.360.470.330.240.660.21-0.24-0.24-0.11
0.890.820.920.890.870.78-0.90.880.90.940.56-0.220.660.750.920.740.170.920.810.770.990.74-0.56-0.560.5
0.660.80.910.650.680.57-0.830.550.90.850.32-0.020.560.750.711.0-0.240.80.780.50.810.51-0.5-0.50.19
0.930.860.880.930.920.88-0.890.880.890.910.71-0.190.490.920.710.70.350.990.880.860.930.85-0.78-0.780.65
0.660.80.90.640.680.58-0.830.550.90.850.340.00.540.741.00.7-0.230.80.790.50.80.52-0.48-0.480.2
0.510.360.070.520.480.64-0.140.580.10.060.82-0.27-0.360.17-0.240.35-0.230.260.410.70.120.7-0.22-0.220.9
0.910.90.930.910.90.86-0.90.840.940.930.68-0.210.470.920.80.990.80.260.910.830.930.82-0.74-0.740.6
0.960.980.890.950.960.95-0.890.890.890.850.84-0.140.330.810.780.880.790.410.910.920.840.93-0.59-0.590.76
0.970.870.720.970.961.0-0.80.960.730.740.96-0.170.240.770.50.860.50.70.830.920.761.0-0.56-0.560.93
0.890.850.950.890.870.78-0.920.860.930.960.56-0.190.660.990.810.930.80.120.930.840.760.74-0.57-0.570.48
0.960.880.720.960.961.0-0.790.950.730.720.97-0.170.210.740.510.850.520.70.820.931.00.74-0.57-0.570.93
-0.59-0.58-0.56-0.59-0.6-0.590.58-0.48-0.6-0.57-0.470.13-0.24-0.56-0.5-0.78-0.48-0.22-0.74-0.59-0.56-0.57-0.571.0-0.41
-0.59-0.58-0.56-0.59-0.6-0.590.58-0.48-0.6-0.57-0.470.13-0.24-0.56-0.5-0.78-0.48-0.22-0.74-0.59-0.56-0.57-0.571.0-0.41
0.810.720.470.810.790.9-0.510.830.490.430.97-0.28-0.110.50.190.650.20.90.60.760.930.480.93-0.41-0.41
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Fulgent Genetics Account Relationship Matchups

Fulgent Genetics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets88.8M700.5M1.3B1.4B1.3B1.3B
Other Current Liab3.6M62.7M36.7M58.4M49.1M51.6M
Total Current Liabilities6.0M131.1M112.8M116.2M73.0M49.4M
Total Stockholder Equity82.8M569.4M1.2B1.3B1.1B1.2B
Net Tangible Assets82.8M569.4M1.2B973.0M1.1B1.2B
Property Plant And Equipment Net6.0M40.2M62.3M81.4M94.3M99.0M
Net Debt(9.3M)(71.6M)(143.6M)(58.9M)(82.6M)(78.4M)
Retained Earnings(63.4M)150.9M657.6M801M633.2M664.8M
Accounts Payable1.6M26.5M20.5M23.1M15.4M10.3M
Cash12.0M87.4M164.9M79.5M97.5M50.9M
Non Current Assets Total12.0M84.7M204.3M480.4M765.3M803.5M
Non Currrent Assets Other(36.8M)(88.0M)142.0M(287.4M)32.0M33.6M
Other Assets251K44.5M912.6M26.6M1.00.95
Cash And Short Term Investments70.2M431.9M935.5M852.9M424.2M312.5M
Net Receivables6.6M183.9M138.9M52.7M57.4M50.2M
Common Stock Shares Outstanding18.7M24.1M31.0M31.0M29.8M23.5M
Liabilities And Stockholders Equity88.8M700.5M1.3B1.4B1.3B1.3B
Inventory277K16.5M12.2M4.3M5.8M4.4M
Other Current Assets277K(16.5M)(12.2M)22.2M26.2M27.6M
Other Stockholder Equity146.1M418.1M487.1M477.4M481.3M258.2M
Total Liab6.0M131.1M112.8M116.2M139.8M146.8M
Property Plant And Equipment Gross8.6M41.0M81.9M124.6M135.1M141.9M
Total Current Assets76.8M615.7M1.1B905.6M507.8M365.6M
Accumulated Other Comprehensive Income146K438K(759K)(20.9M)1.2M1.3M
Property Plant Equipment8.6M40.2M62.3M98.9M113.8M119.4M
Retained Earnings Total Equity(63.0M)(63.4M)150.9M657.6M756.2M794.0M
Short Term Investments58.3M344.4M770.7M773.4M326.7M326.9M
Non Current Liabilities Total2.3M959K7.5M28.1M66.8M70.1M
Capital Surpluse114.2M146.1M418.1M501.9M577.2M606.1M
Long Term Investments42.8M132.5M507.0M339.0M444.0M466.2M
Non Current Liabilities Other2.3M959K7.5M28.1M11.0M6.8M
Net Invested Capital82.8M584.4M1.2B1.3B1.1B688.3M
Net Working Capital33.4M393.5M961.6M539.8M434.8M381.8M

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