Fox Total Operating Expenses vs Income Before Tax Analysis
FOXF Stock | USD 45.48 1.49 3.17% |
Fox Factory financial indicator trend analysis is much more than just examining Fox Factory Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fox Factory Holding is a good investment. Please check the relationship between Fox Factory Total Operating Expenses and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Total Operating Expenses vs Income Before Tax
Total Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Factory Holding Total Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fox Factory's Total Operating Expenses and Income Before Tax is 0.82. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Fox Factory Holding, assuming nothing else is changed. The correlation between historical values of Fox Factory's Total Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Fox Factory Holding are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., Fox Factory's Total Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Fox Factory income statement and is an important metric when analyzing Fox Factory Holding profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Fox Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fox Factory Holding 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 Fox Factory Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, Fox Factory's Enterprise Value Multiple is most likely to increase in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.2M | 8.9M | 19.3M | 20.3M | Depreciation And Amortization | 20.3M | 17.5M | 58.6M | 61.5M |
Fox Factory fundamental ratios Correlations
Click cells to compare fundamentals
Fox Factory Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fox Factory fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 39.2M | 40.8M | 42.4M | 42.4M | 42.4M | 41.6M | |
Total Assets | 609.3M | 1.3B | 1.5B | 1.6B | 2.2B | 2.4B | |
Short Long Term Debt Total | 68M | 389.6M | 378.5M | 210.3M | 757.6M | 795.5M | |
Other Current Liab | 30.4M | 60.5M | 112.4M | 117.4M | 103.4M | 108.6M | |
Total Current Liabilities | 91.8M | 165.4M | 229.9M | 258.9M | 207.6M | 124.6M | |
Total Stockholder Equity | 422.2M | 719.2M | 894.1M | 1.1B | 1.2B | 1.3B | |
Other Liab | 11.6M | 24.9M | 30.8M | 963K | 1.1M | 1.1M | |
Property Plant And Equipment Net | 125.9M | 189.4M | 230.8M | 250.3M | 321.5M | 337.6M | |
Net Debt | 24.3M | 143.8M | 198.8M | 65.1M | 674.0M | 707.7M | |
Retained Earnings | 312.5M | 395.0M | 558.8M | 764.1M | 878.1M | 922.0M | |
Accounts Payable | 55.1M | 92.4M | 100.0M | 131.2M | 104.2M | 62.9M | |
Cash | 43.7M | 245.8M | 179.7M | 145.3M | 83.6M | 68.6M | |
Non Current Assets Total | 327.5M | 704.6M | 791.1M | 820.7M | 1.5B | 1.5B | |
Non Currrent Assets Other | 451K | 2.0M | 1.4M | 5.0M | 8.1M | 8.5M | |
Other Assets | 26.2M | 1K | 40.0M | 62.3M | 71.7M | 75.2M | |
Long Term Debt | 68M | 377.1M | 361.0M | 200M | 743.5M | 780.7M | |
Cash And Short Term Investments | 43.7M | 245.8M | 179.7M | 145.3M | 83.6M | 68.6M | |
Net Receivables | 91.6M | 121.2M | 142.0M | 200.4M | 171.1M | 92.1M | |
Good Will | 93.5M | 289.3M | 323.3M | 324.0M | 636.6M | 668.4M | |
Liabilities And Stockholders Equity | 609.3M | 1.3B | 1.5B | 1.6B | 2.2B | 2.4B | |
Non Current Liabilities Total | 95.3M | 402.0M | 391.8M | 238.1M | 813.0M | 853.6M | |
Inventory | 128.5M | 127.1M | 279.8M | 350.6M | 371.8M | 390.4M | |
Other Current Assets | 17.9M | 12.4M | 10.5M | 101.4M | 18.6M | 21.5M | |
Other Stockholder Equity | 109.5M | 323.1M | 330.4M | 342.5M | 334.6M | 177.8M | |
Total Liab | 187.1M | 567.4M | 621.6M | 497.0M | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 125.9M | 189.4M | 230.8M | 250.3M | 442.6M | 464.7M | |
Total Current Assets | 281.8M | 582.0M | 724.7M | 797.7M | 768.1M | 806.5M | |
Accumulated Other Comprehensive Income | 150K | 1.1M | 4.9M | 14.8M | 9.0M | 9.5M | |
Short Term Debt | 6.2M | 12.5M | 17.5M | 10.3M | 14.1M | 7.8M | |
Intangible Assets | 81.9M | 204.5M | 197.0M | 179.0M | 483.3M | 507.5M | |
Property Plant Equipment | 108.4M | 163.3M | 230.8M | 250.3M | 287.9M | 302.3M | |
Current Deferred Revenue | 6.6M | 6.7M | 172K | (14.1M) | (12.7M) | (12.1M) | |
Net Tangible Assets | 262.4M | 719.2M | 373.8M | 618.4M | 711.2M | 746.8M | |
Retained Earnings Total Equity | 135.9M | 219.7M | 312.5M | 395.0M | 454.2M | 476.9M | |
Long Term Debt Total | 93.6M | 52.5M | 68M | 377.1M | 433.7M | 455.3M | |
Capital Surpluse | 112.8M | 116.0M | 123.3M | 336.8M | 387.4M | 406.7M |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Fox Stock analysis
When running Fox Factory's price analysis, check to measure Fox Factory'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 Fox Factory is operating at the current time. Most of Fox Factory's value examination focuses on studying past and present price action to predict the probability of Fox Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fox Factory's price. Additionally, you may evaluate how the addition of Fox Factory to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
Is Fox Factory'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 Fox Factory. If investors know Fox 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 Fox Factory 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 (0.92) | Earnings Share 1.79 | Revenue Per Share 33.168 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0403 |
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.