Fabrinet Net Tangible Assets vs Retained Earnings Analysis
FN Stock | USD 173.07 2.93 1.66% |
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 Net Tangible Assets and its Retained Earnings 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.
Net Tangible Assets vs Retained Earnings
Net Tangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fabrinet Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between Fabrinet's Net Tangible Assets and Retained Earnings is 1.0. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Fabrinet, assuming nothing else is changed. The correlation between historical values of Fabrinet's Net Tangible Assets 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 Tangible Assets of Fabrinet 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 Tangible Assets i.e., Fabrinet's Net Tangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 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 1st of May 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) |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Fabrinet Stock analysis
When running Fabrinet's price analysis, check to measure Fabrinet's 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 Fabrinet is operating at the current time. Most of Fabrinet's value examination focuses on studying past and present price action to predict the probability of Fabrinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fabrinet's price. Additionally, you may evaluate how the addition of Fabrinet to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
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.