FormFactor Other Current Assets vs Cash And Short Term Investments Analysis

FORM Stock  USD 59.59  1.30  2.23%   
FormFactor financial indicator trend analysis is much more than just examining FormFactor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FormFactor is a good investment. Please check the relationship between FormFactor Other Current Assets and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FormFactor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FormFactor Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between FormFactor's Other Current Assets and Cash And Short Term Investments is 0.67. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of FormFactor, assuming nothing else is changed. The correlation between historical values of FormFactor's Other Current Assets and Cash And Short Term Investments 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 Current Assets of FormFactor are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., FormFactor's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of FormFactor balance sheet. This account contains FormFactor investments that will expire within one year. These investments include stocks and bonds that can be liquidated by FormFactor fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from FormFactor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FormFactor 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 FormFactor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.At this time, FormFactor's Issuance Of Capital Stock is very stable compared to the past year. As of the 22nd of May 2024, Enterprise Value is likely to grow to about 121.8 M, while Selling General Administrative is likely to drop about 77.6 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses224.7M241.1M248.8M136.8M
Cost Of Revenue446.9M451.9M404.5M235.8M

FormFactor fundamental ratios Correlations

0.930.970.990.660.970.690.9-0.50.60.210.870.480.350.920.950.760.84-0.570.730.170.760.81-0.060.440.68
0.930.960.90.590.930.710.81-0.490.410.260.840.290.40.840.880.750.86-0.510.590.330.630.8-0.050.30.59
0.970.960.940.670.960.630.89-0.430.590.220.840.320.410.90.910.720.89-0.630.640.240.690.820.030.40.55
0.990.90.940.640.950.720.86-0.550.610.090.870.580.210.90.950.770.76-0.540.760.110.780.83-0.180.440.76
0.660.590.670.640.530.50.58-0.580.330.230.710.270.270.530.650.710.61-0.270.240.120.30.320.10.010.44
0.970.930.960.950.530.60.89-0.410.590.20.80.390.370.910.950.680.85-0.590.740.180.770.88-0.020.480.58
0.690.710.630.720.50.60.53-0.630.28-0.030.70.46-0.040.60.650.680.42-0.190.510.360.540.5-0.60.20.84
0.90.810.890.860.580.890.53-0.370.740.330.720.30.470.980.890.580.85-0.680.830.180.850.70.040.580.46
-0.5-0.49-0.43-0.55-0.58-0.41-0.63-0.370.06-0.12-0.82-0.410.19-0.4-0.52-0.91-0.23-0.2-0.25-0.36-0.25-0.310.270.34-0.57
0.60.410.590.610.330.590.280.740.06-0.140.290.320.150.750.540.110.47-0.80.74-0.140.760.48-0.130.820.34
0.210.260.220.090.230.2-0.030.33-0.12-0.140.3-0.430.860.220.160.310.590.02-0.060.5-0.07-0.110.71-0.27-0.29
0.870.840.840.870.710.80.70.72-0.820.290.30.380.210.740.80.970.7-0.270.460.40.490.6-0.04-0.020.62
0.480.290.320.580.270.390.460.3-0.410.32-0.430.38-0.410.390.510.360.03-0.160.59-0.470.580.57-0.540.390.86
0.350.40.410.210.270.37-0.040.470.190.150.860.21-0.410.360.280.130.77-0.330.090.340.110.10.730.11-0.26
0.920.840.90.90.530.910.60.98-0.40.750.220.740.390.360.890.60.8-0.690.870.180.890.77-0.090.610.55
0.950.880.910.950.650.950.650.89-0.520.540.160.80.510.280.890.710.77-0.510.770.060.80.83-0.130.470.67
0.760.750.720.770.710.680.680.58-0.910.110.310.970.360.130.60.710.58-0.050.330.430.340.49-0.05-0.210.58
0.840.860.890.760.610.850.420.85-0.230.470.590.70.030.770.80.770.58-0.580.490.350.530.610.380.310.26
-0.57-0.51-0.63-0.54-0.27-0.59-0.19-0.68-0.2-0.80.02-0.27-0.16-0.33-0.69-0.51-0.05-0.58-0.570.13-0.61-0.47-0.06-0.75-0.21
0.730.590.640.760.240.740.510.83-0.250.74-0.060.460.590.090.870.770.330.49-0.57-0.090.990.74-0.340.790.62
0.170.330.240.110.120.180.360.18-0.36-0.140.50.4-0.470.340.180.060.430.350.13-0.09-0.08-0.050.12-0.37-0.09
0.760.630.690.780.30.770.540.85-0.250.76-0.070.490.580.110.890.80.340.53-0.610.99-0.080.77-0.340.810.63
0.810.80.820.830.320.880.50.7-0.310.48-0.110.60.570.10.770.830.490.61-0.470.74-0.050.77-0.210.540.63
-0.06-0.050.03-0.180.1-0.02-0.60.040.27-0.130.71-0.04-0.540.73-0.09-0.13-0.050.38-0.06-0.340.12-0.34-0.21-0.27-0.65
0.440.30.40.440.010.480.20.580.340.82-0.27-0.020.390.110.610.47-0.210.31-0.750.79-0.370.810.54-0.270.35
0.680.590.550.760.440.580.840.46-0.570.34-0.290.620.86-0.260.550.670.580.26-0.210.62-0.090.630.63-0.650.35
Click cells to compare fundamentals

FormFactor Account Relationship Matchups

FormFactor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets839.9M963.2M1.0B1.0B1.1B609.9M
Other Current Liab36.4M55.3M50.8M42.1M41.0M24.6M
Total Current Liabilities136.6M154.6M148.8M149.7M131.1M77.4M
Total Stockholder Equity641.0M744.1M815.8M808.3M908.8M492.6M
Other Liab17.6M11.6M9.5M8.3M9.5M8.4M
Accounts Payable40.9M62.0M57.9M69.3M63.9M32.6M
Cash144.5M187.2M151.0M106.1M179.0M138.0M
Non Current Assets Total420.8M476.1M496.5M533.7M533.0M559.7M
Non Currrent Assets Other1.2M1.2M2.0M4.0M2.8M2.7M
Other Assets73.9M32.3M66.1M74.3M85.4M89.7M
Long Term Debt15.6M25.0M15.4M14.4M13.3M23.0M
Common Stock Shares Outstanding77.3M79.0M79.1M78.2M78.2M57.1M
Short Term Investments76.3M67.8M125.1M132.0M150.5M90.5M
Liabilities And Stockholders Equity839.9M963.2M1.0B1.0B1.1B609.9M
Non Current Liabilities Total62.3M64.6M56.0M50.3M48.9M40.1M
Inventory83.3M99.2M111.5M123.2M111.7M117.3M
Other Current Assets17.0M25.2M20.9M23.9M25.9M17.2M
Other Stockholder Equity885.8M903.8M898.9M844.8M861.4M634.7M
Total Liab198.9M219.1M204.7M199.9M180.0M116.5M
Common Stock75K76K78K77K88.6K84.1K
Property Plant Equipment58.7M104.1M181.8M189.8M218.3M229.2M
Short Long Term Debt Total94.1M69.2M63.3M50.4M48.1M63.6M
Property Plant And Equipment Net90.2M134.9M181.8M221.2M234.9M246.7M
Current Deferred Revenue9.8M21.0M23.2M29.8M16.7M9.3M
Net Debt(50.4M)(118.0M)(87.7M)(55.8M)(130.8M)(137.4M)
Retained Earnings(244.2M)(165.7M)(81.8M)(31.1M)51.3M53.9M
Cash And Short Term Investments220.9M255.0M276.1M238.1M329.5M206.6M
Net Receivables97.9M107.6M115.5M88.1M106.8M65.1M
Common Stock Total Equity74K76K78K77K88.6K81.1K
Property Plant And Equipment Gross90.2M104.1M181.8M221.2M592.9M622.6M
Total Current Assets419.0M487.1M524.0M474.6M573.8M418.7M
Accumulated Other Comprehensive Income(659K)5.9M(1.4M)(5.6M)(4.1M)(3.8M)
Short Term Debt49.4M16.2M16.8M8.4M9.5M9.0M
Intangible Assets57.6M59.1M36.3M26.8M12.9M12.3M
Net Tangible Assets384.2M531.3M567.1M596.8M686.4M367.1M
Good Will199.2M212.8M212.3M211.4M201.1M146.1M
Retained Earnings Total Equity(244.2M)(165.7M)(81.8M)(31.1M)(35.7M)(37.5M)
Capital Surpluse885.8M903.8M898.9M844.8M971.6M885.1M
Deferred Long Term Liab17.6M11.6M9.5M8.3M9.5M8.0M

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When determining whether FormFactor is a strong investment it is important to analyze FormFactor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FormFactor's future performance. For an informed investment choice regarding FormFactor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FormFactor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running FormFactor's price analysis, check to measure FormFactor'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 FormFactor is operating at the current time. Most of FormFactor's value examination focuses on studying past and present price action to predict the probability of FormFactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FormFactor's price. Additionally, you may evaluate how the addition of FormFactor to your portfolios can decrease your overall portfolio volatility.
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Is FormFactor'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 FormFactor. If investors know FormFactor 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 FormFactor 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
15.08
Earnings Share
1.31
Revenue Per Share
8.576
Quarterly Revenue Growth
0.008
Return On Assets
0.0076
The market value of FormFactor is measured differently than its book value, which is the value of FormFactor that is recorded on the company's balance sheet. Investors also form their own opinion of FormFactor's value that differs from its market value or its book value, called intrinsic value, which is FormFactor'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 FormFactor's market value can be influenced by many factors that don't directly affect FormFactor'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 FormFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if FormFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FormFactor'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.