First Retained Earnings vs Long Term Investments Analysis
FSLR Stock | USD 280.16 3.42 1.24% |
First Solar financial indicator trend analysis is much more than just examining First Solar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Solar is a good investment. Please check the relationship between First Solar Retained Earnings and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in First Stock, please use our How to Invest in First Solar guide.
Retained Earnings vs Long Term Investments
Retained Earnings vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Solar Retained Earnings account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Solar's Retained Earnings and Long Term Investments is -0.41. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of First Solar, assuming nothing else is changed. The correlation between historical values of First Solar's Retained Earnings and Long 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 Retained Earnings of First Solar are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Retained Earnings i.e., First Solar's Retained Earnings and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Long Term Investments
Long Term Investments is an item on the asset side of First Solar balance sheet that represents investments First Solar intends to hold for over a year. First Solar long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from First Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Solar 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 First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in First Stock, please use our How to Invest in First Solar guide.At this time, First Solar's Selling General Administrative is relatively stable compared to the past year. As of 05/29/2024, Tax Provision is likely to grow to about 48.3 M, while Enterprise Value is likely to drop slightly above 5.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 290.5M | 350.6M | 414.7M | 316.1M | Cost Of Revenue | 2.2B | 2.5B | 2.0B | 1.7B |
First Solar fundamental ratios Correlations
Click cells to compare fundamentals
First Solar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Solar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.5B | 7.1B | 7.4B | 8.3B | 10.4B | 5.3B | |
Short Long Term Debt Total | 471.7M | 279.2M | 239.9M | 193.5M | 624.4M | 655.6M | |
Total Stockholder Equity | 5.1B | 5.5B | 6.0B | 5.8B | 6.7B | 3.8B | |
Property Plant And Equipment Net | 2.7B | 2.6B | 2.9B | 3.5B | 4.5B | 4.7B | |
Net Debt | (881.0M) | (947.8M) | (1.2B) | (1.3B) | (1.3B) | (1.3B) | |
Cash | 1.4B | 1.2B | 1.5B | 1.5B | 1.9B | 1.0B | |
Non Current Assets Total | 3.9B | 4.1B | 4.2B | 4.5B | 5.7B | 6.0B | |
Non Currrent Assets Other | 1.0B | 940.8M | 946.0M | 588.3M | 545.4M | 705.6M | |
Other Assets | 1.0B | 1.4B | 1.1B | 777.9M | 894.6M | 965.4M | |
Cash And Short Term Investments | 2.2B | 1.7B | 1.8B | 2.6B | 2.1B | 1.4B | |
Net Receivables | 658.5M | 292.5M | 454.7M | 355.0M | 1.4B | 1.5B | |
Common Stock Shares Outstanding | 105.3M | 106.7M | 106.9M | 106.6M | 107.4M | 93.0M | |
Liabilities And Stockholders Equity | 7.5B | 7.1B | 7.4B | 8.3B | 10.4B | 5.3B | |
Non Current Liabilities Total | 1.1B | 740.6M | 727.3M | 1.4B | 2.4B | 2.5B | |
Inventory | 497.1M | 567.6M | 666.3M | 621.4M | 1.0B | 1.1B | |
Other Stockholder Equity | 2.8B | 2.9B | 2.9B | 2.9B | 2.9B | 2.1B | |
Total Liab | 2.4B | 1.6B | 1.5B | 2.4B | 3.7B | 3.9B | |
Total Current Assets | 3.6B | 3.0B | 3.2B | 3.8B | 4.6B | 2.5B | |
Property Plant And Equipment Gross | 2.8B | 2.4B | 2.9B | 3.5B | 6.2B | 6.5B | |
Other Current Liab | 759.4M | 433.7M | 327.7M | 424.2M | 578.8M | 419.9M | |
Total Current Liabilities | 1.3B | 847.4M | 726.9M | 1.0B | 1.3B | 813.0M | |
Retained Earnings | 2.3B | 2.7B | 3.2B | 3.1B | 4.0B | 4.2B | |
Accounts Payable | 218.1M | 183.3M | 193.4M | 341.4M | 207.2M | 184.8M | |
Short Term Investments | 811.5M | 520.1M | 375.4M | 1.1B | 155.5M | 147.7M | |
Other Current Assets | 280.0M | 251.7M | 244.2M | 237.1M | 33.0M | 31.4M | |
Accumulated Other Comprehensive Income | (79.3M) | (61.7M) | (96.4M) | (191.8M) | (174.1M) | (165.4M) | |
Other Liab | 526.8M | 502.9M | 345.4M | 1.2B | 1.3B | 1.4B | |
Long Term Debt | 454.2M | 237.7M | 236.0M | 184.3M | 464.1M | 290.2M | |
Short Term Debt | 17.5M | 41.5M | 3.9M | 9.2M | 106.6M | 111.9M | |
Intangible Assets | 64.5M | 56.1M | 45.5M | 31.1M | 64.5M | 78.6M | |
Property Plant Equipment | 2.3B | 2.6B | 2.9B | 3.6B | 4.2B | 4.4B | |
Current Deferred Revenue | 323.2M | 188.8M | 201.9M | 263.2M | 413.6M | 215.6M | |
Net Tangible Assets | 5.0B | 5.5B | 5.9B | 5.8B | 6.7B | 5.1B | |
Retained Earnings Total Equity | 2.4B | 2.3B | 2.7B | 3.2B | 3.7B | 2.4B | |
Long Term Debt Total | 461.2M | 454.2M | 237.7M | 236.0M | 271.4M | 337.2M | |
Capital Surpluse | 2.8B | 2.8B | 2.9B | 2.9B | 3.3B | 2.8B |
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Is First Solar'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 First Solar. If investors know First 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 First Solar 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 4.514 | Earnings Share 9.55 | Revenue Per Share 33.358 | Quarterly Revenue Growth 0.448 | Return On Assets 0.0718 |
The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar'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 First Solar's market value can be influenced by many factors that don't directly affect First Solar'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 First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar'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.