Funko Retained Earnings vs Long Term Debt Analysis

FNKO Stock

USD 11.50 0.08 0.70%

Funko financial indicator trend analysis is much more than just examining Funko Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Funko Inc is a good investment. Please check the relationship between Funko Retained Earnings and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Funko Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Funko Inc Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between Funko's Retained Earnings and Long Term Debt is 0.22. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Funko Inc, assuming nothing else is changed. The correlation between historical values of Funko's Retained Earnings and Long Term Debt 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 Funko Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Funko's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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 Debt

Long-term debt is a debt that Funko Inc has held for over one year. Long-term debt appears on Funko Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Funko Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Funko's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Funko Inc 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 Funko Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

As of the 11th of December 2024, Tax Provision is likely to grow to about 139.1 M, while Selling General Administrative is likely to drop about 207.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	381.0M	434.0M	341.7M	291.7M
Total Revenue	1.0B	1.3B	1.1B	830.9M

Gross Profit Total Revenue

Funko fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total
Total Assets		0.86	0.91	0.27	0.14	0.94	0.71	0.99	0.98	0.02	0.83	0.56	0.65	0.84	0.48	0.75	0.82	0.84	0.27	0.07	0.32	0.92	0.86	-0.85	0.09	0.81
Total Current Liabilities	0.86		0.79	0.66	-0.17	0.86	0.63	0.88	0.89	-0.16	0.88	0.71	0.88	0.86	0.33	0.79	0.81	0.87	-0.03	-0.33	0.34	0.84	0.91	-0.8	-0.29	0.68
Total Stockholder Equity	0.91	0.79		0.38	0.31	0.82	0.77	0.91	0.91	-0.07	0.73	0.62	0.69	0.83	0.53	0.6	0.83	0.79	0.26	-0.17	0.47	0.81	0.82	-0.78	-0.16	0.77
Net Tangible Assets	0.27	0.66	0.38		-0.22	0.29	0.39	0.33	0.39	-0.33	0.5	0.68	0.85	0.61	0.19	0.37	0.55	0.54	-0.16	-0.88	0.48	0.3	0.57	-0.28	-0.86	0.32
Retained Earnings	0.14	-0.17	0.31	-0.22		0.14	0.23	0.12	0.2	-0.26	-0.14	0.21	-0.18	0.09	0.49	-0.23	0.29	0.18	0.26	0.22	0.31	0.21	0.01	-0.12	0.16	0.36
Accounts Payable	0.94	0.86	0.82	0.29	0.14		0.6	0.95	0.96	-0.17	0.85	0.62	0.62	0.83	0.42	0.79	0.79	0.87	0.1	0.07	0.24	0.93	0.86	-0.88	0.1	0.74
Cash	0.71	0.63	0.77	0.39	0.23	0.6		0.69	0.74	-0.08	0.46	0.58	0.61	0.64	0.88	0.22	0.61	0.83	0.35	-0.24	0.87	0.71	0.7	-0.63	-0.23	0.59
Total Liab	0.99	0.88	0.91	0.33	0.12	0.95	0.69		0.98	-0.02	0.88	0.59	0.69	0.89	0.46	0.79	0.84	0.86	0.24	0.0	0.31	0.91	0.89	-0.85	0.03	0.8
Total Current Assets	0.98	0.89	0.91	0.39	0.2	0.96	0.74	0.98		-0.11	0.83	0.71	0.7	0.87	0.53	0.72	0.84	0.92	0.15	-0.05	0.4	0.94	0.89	-0.86	-0.03	0.78
Common Stock	0.02	-0.16	-0.07	-0.33	-0.26	-0.17	-0.08	-0.02	-0.11		-0.24	-0.21	-0.33	-0.32	-0.18	-0.17	-0.33	-0.25	-0.14	0.19	-0.28	-0.29	-0.39	0.44	0.19	-0.26
Short Long Term Debt Total	0.83	0.88	0.73	0.5	-0.14	0.85	0.46	0.88	0.83	-0.24		0.45	0.82	0.94	0.21	0.96	0.83	0.73	0.23	-0.13	0.14	0.81	0.93	-0.83	-0.09	0.75
Other Current Liab	0.56	0.71	0.62	0.68	0.21	0.62	0.58	0.59	0.71	-0.21	0.45		0.6	0.58	0.42	0.31	0.57	0.8	-0.3	-0.52	0.52	0.58	0.58	-0.46	-0.52	0.37
Other Liab	0.65	0.88	0.69	0.85	-0.18	0.62	0.61	0.69	0.7	-0.33	0.82	0.6		0.88	0.35	0.69	0.82	0.74	0.11	-0.6	0.49	0.67	0.88	-0.67	-0.56	0.67
Property Plant And Equipment Net	0.84	0.86	0.83	0.61	0.09	0.83	0.64	0.89	0.87	-0.32	0.94	0.58	0.88		0.45	0.82	0.94	0.82	0.32	-0.28	0.41	0.83	0.95	-0.81	-0.25	0.84
Current Deferred Revenue	0.48	0.33	0.53	0.19	0.49	0.42	0.88	0.46	0.53	-0.18	0.21	0.42	0.35	0.45		-0.04	0.49	0.7	0.35	-0.08	0.88	0.58	0.46	-0.44	-0.1	0.53
Net Debt	0.75	0.79	0.6	0.37	-0.23	0.79	0.22	0.79	0.72	-0.17	0.96	0.31	0.69	0.82	-0.04		0.72	0.55	0.15	0.0	-0.13	0.7	0.8	-0.74	0.05	0.65
Non Current Assets Total	0.82	0.81	0.83	0.55	0.29	0.79	0.61	0.84	0.84	-0.33	0.83	0.57	0.82	0.94	0.49	0.72		0.78	0.34	-0.2	0.4	0.84	0.89	-0.79	-0.19	0.95
Non Currrent Assets Other	0.84	0.87	0.79	0.54	0.18	0.87	0.83	0.86	0.92	-0.25	0.73	0.8	0.74	0.82	0.7	0.55	0.78		0.03	-0.24	0.63	0.9	0.86	-0.78	-0.22	0.69
Other Assets	0.27	-0.03	0.26	-0.16	0.26	0.1	0.35	0.24	0.15	-0.14	0.23	-0.3	0.11	0.32	0.35	0.15	0.34	0.03		0.31	0.26	0.26	0.3	-0.35	0.31	0.5
Long Term Debt	0.07	-0.33	-0.17	-0.88	0.22	0.07	-0.24	0.0	-0.05	0.19	-0.13	-0.52	-0.6	-0.28	-0.08	0.0	-0.2	-0.24	0.31		-0.46	0.09	-0.21	-0.09	1.0	0.06
Cash And Short Term Investments	0.32	0.34	0.47	0.48	0.31	0.24	0.87	0.31	0.4	-0.28	0.14	0.52	0.49	0.41	0.88	-0.13	0.4	0.63	0.26	-0.46		0.41	0.44	-0.34	-0.47	0.35
Net Receivables	0.92	0.84	0.81	0.3	0.21	0.93	0.71	0.91	0.94	-0.29	0.81	0.58	0.67	0.83	0.58	0.7	0.84	0.9	0.26	0.09	0.41		0.91	-0.94	0.12	0.85
Good Will	0.86	0.91	0.82	0.57	0.01	0.86	0.7	0.89	0.89	-0.39	0.93	0.58	0.88	0.95	0.46	0.8	0.89	0.86	0.3	-0.21	0.44	0.91		-0.93	-0.17	0.81
Common Stock Total Equity	-0.85	-0.8	-0.78	-0.28	-0.12	-0.88	-0.63	-0.85	-0.86	0.44	-0.83	-0.46	-0.67	-0.81	-0.44	-0.74	-0.79	-0.78	-0.35	-0.09	-0.34	-0.94	-0.93		-0.12	-0.78
Long Term Debt Total	0.09	-0.29	-0.16	-0.86	0.16	0.1	-0.23	0.03	-0.03	0.19	-0.09	-0.52	-0.56	-0.25	-0.1	0.05	-0.19	-0.22	0.31	1.0	-0.47	0.12	-0.17	-0.12		0.07
Non Current Liabilities Total	0.81	0.68	0.77	0.32	0.36	0.74	0.59	0.8	0.78	-0.26	0.75	0.37	0.67	0.84	0.53	0.65	0.95	0.69	0.5	0.06	0.35	0.85	0.81	-0.78	0.07

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Funko Account Relationship Matchups

Funko fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	796.5M	763.6M	967.5M	1.1B	804.6M	676.0M
Total Current Liabilities	157.6M	138.7M	285.0M	361.4M	358.8M	376.8M
Total Stockholder Equity	225.4M	242.3M	321.6M	368.2M	231.9M	176.0M
Net Tangible Assets	(120.9M)	29.5M	131.4M	237.5M	273.2M	286.8M
Retained Earnings	20.4M	24.4M	68.1M	60.0M	(94.1M)	(89.4M)
Accounts Payable	42.5M	29.2M	57.2M	67.7M	52.9M	34.0M
Cash	25.2M	52.3M	83.6M	19.2M	36.5M	29.5M
Total Liab	491.3M	441.1M	570.9M	701.5M	566.6M	373.2M
Total Current Assets	259.2M	259.4M	452.6M	473.2M	342.9M	257.1M
Short Long Term Debt Total	315.3M	262.1M	238.6M	347.1M	362.4M	292.6M
Other Current Liab	13.4M	70.6M	164.5M	163.0M	117.5M	96.4M
Other Liab	69.3M	64.9M	79.7M	103.9M	119.5M	125.5M
Property Plant And Equipment Net	128.6M	114.2M	112.3M	173.3M	152.8M	98.6M
Current Deferred Revenue	50.8M	59.8M	142.2M	8.7M	9.9M	9.4M
Net Debt	290.0M	209.9M	155.1M	327.9M	325.9M	259.8M
Non Current Assets Total	537.3M	504.2M	514.9M	618.0M	461.8M	512.0M
Non Currrent Assets Other	4.8M	4.7M	11.9M	8.1M	7.8M	6.2M
Other Assets	62.3M	117.5M	86K	140K	(2.7M)	(2.6M)
Long Term Debt	202.8M	180.0M	155.8M	153.8M	131.0M	144.3M
Cash And Short Term Investments	25.2M	52.3M	83.6M	19.2M	36.5M	32.8M
Net Receivables	151.6M	131.8M	187.7M	167.9M	130.8M	143.3M
Good Will	124.8M	125.1M	126.7M	131.4M	133.8M	130.0M
Long Term Debt Total	202.8M	180.0M	155.8M	153.8M	138.4M	149.2M
Liabilities And Stockholders Equity	796.5M	763.6M	967.5M	1.1B	804.6M	769.9M
Non Current Liabilities Total	333.8M	302.4M	285.9M	340.1M	207.8M	282.3M
Capital Surpluse	204.2M	216.1M	252.5M	310.8M	357.4M	187.5M
Inventory	62.1M	59.8M	166.4M	246.4M	119.5M	112.3M
Other Current Assets	20.3M	15.5M	14.9M	39.6M	56.1M	58.9M
Other Stockholder Equity	204.2M	216.1M	252.5M	310.8M	326.2M	342.5M
Property Plant And Equipment Gross	128.6M	114.2M	112.3M	173.3M	352.8M	370.5M
Short Long Term Debt	39.5M	10.8M	17.4M	92.0M	142.6M	149.7M
Accumulated Other Comprehensive Income	791K	1.7M	1.1M	(2.6M)	(180K)	(189K)
Short Term Debt	50.8M	38.4M	47.3M	129.8M	177.5M	186.4M
Intangible Assets	221.5M	205.5M	189.6M	181.3M	167.4M	173.3M
Property Plant Equipment	128.6M	56.1M	58.8M	102.2M	117.6M	64.8M
Common Stock Shares Outstanding	32.9M	35.8M	40.6M	44.6M	48.3M	41.5M
Non Current Liabilities Other	61.6M	64.1M	79.0M	103.5M	5.1M	4.8M
Noncontrolling Interest In Consolidated Entity	79.7M	80.2M	74.9M	21.5M	19.3M	18.4M

Pair Trading with Funko

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Funko position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Funko will appreciate offsetting losses from the drop in the long position's value.

Moving against Funko Stock

0.46	GME	GameStop Corp	Pair Corr
0.36	JFBR	Jeffs Brands	Pair Corr
0.32	WEYS	Weyco Group	Pair Corr
0.31	EYE	National Vision Holdings Buyout Trend	Pair Corr

The ability to find closely correlated positions to Funko could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Funko when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Funko - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Funko Inc to buy it.

The correlation of Funko is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Funko moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Funko Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Funko can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Funko Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Funko's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Funko Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Funko Inc Stock:

How To Invest In Funko

Details

Is Funko Stock a good investment?

Details

What is Funko's Net Worth?

Details

Largest Distributors Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Funko Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Distributors space 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 Funko. If investors know Funko 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 Funko 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

(0.32)

Earnings Share

(0.44)

Revenue Per Share

20.362

Quarterly Revenue Growth

(0.06)

Return On Assets

(0.01)

The market value of Funko Inc is measured differently than its book value, which is the value of Funko that is recorded on the company's balance sheet. Investors also form their own opinion of Funko's value that differs from its market value or its book value, called intrinsic value, which is Funko'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 Funko's market value can be influenced by many factors that don't directly affect Funko'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 Funko's value and its price as these two are different measures arrived at by different means. Investors typically determine if Funko is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Funko'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.

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Funko Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

Funko fundamental ratios Correlations

Funko Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Funko fundamental ratios Accounts

Pair Trading with Funko

Moving against Funko Stock

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MAIN CATEGORIES

COMPANY

Long Term Debt Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Liab
Total Current Assets	+ 0.96	Accounts Payable
Net Debt	+ 0.96	Short Long Term Debt Total

Common Stock Total Equity	- 0.94	Net Receivables
Common Stock Total Equity	- 0.93	Good Will
Common Stock Total Equity	- 0.88	Accounts Payable
Long Term Debt	- 0.88	Net Tangible Assets
Common Stock Total Equity	- 0.86	Total Current Assets
Long Term Debt Total	- 0.86	Net Tangible Assets