FormFactor Asset Turnover vs Total Current Liabilities Analysis

FORM Stock  USD 54.00  2.25  4.35%   
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 Asset Turnover and its Total Current Liabilities 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.

Asset Turnover vs Total Current Liabilities

Asset Turnover vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FormFactor Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between FormFactor's Asset Turnover and Total Current Liabilities is 0.26. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of FormFactor, assuming nothing else is changed. The correlation between historical values of FormFactor's Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of FormFactor are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., FormFactor's Asset Turnover and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Current Liabilities

Total Current Liabilities is an item on FormFactor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FormFactor are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 5th 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

FormFactor Investors Sentiment

The influence of FormFactor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FormFactor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to FormFactor's public news can be used to forecast risks associated with an investment in FormFactor. The trend in average sentiment can be used to explain how an investor holding FormFactor can time the market purely based on public headlines and social activities around FormFactor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FormFactor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FormFactor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FormFactor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FormFactor.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FormFactor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FormFactor's short interest history, or implied volatility extrapolated from FormFactor options trading.

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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.