FormFactor Tax Provision vs Interest Expense Analysis

FORM Stock  USD 44.75  0.89  2.03%   
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 Tax Provision and its Interest Expense 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.

Tax Provision vs Interest Expense

Tax Provision vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FormFactor Tax Provision account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FormFactor's Tax Provision and Interest Expense is -0.29. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Expense in the same time period over historical financial statements of FormFactor, assuming nothing else is changed. The correlation between historical values of FormFactor's Tax Provision and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of FormFactor are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Tax Provision i.e., FormFactor's Tax Provision and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 27th of April 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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.
Earnings Share
1.05
Revenue Per Share
8.571
Quarterly Revenue Growth
0.013
Return On Assets
0.0072
Return On Equity
0.096
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.