FARO Property Plant And Equipment Net vs Common Stock Total Equity Analysis
FARO Stock | USD 27.00 0.70 2.66% |
FARO Technologies financial indicator trend analysis is much more than just examining FARO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FARO Technologies is a good investment. Please check the relationship between FARO Technologies Property Plant And Equipment Net and its Common Stock Total Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.
Property Plant And Equipment Net vs Common Stock Total Equity
Property Plant And Equipment Net vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FARO Technologies Property Plant And Equipment Net account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between FARO Technologies' Property Plant And Equipment Net and Common Stock Total Equity is 0.7. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of FARO Technologies, assuming nothing else is changed. The correlation between historical values of FARO Technologies' Property Plant And Equipment Net and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of FARO Technologies are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Property Plant And Equipment Net i.e., FARO Technologies' Property Plant And Equipment Net and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from FARO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FARO Technologies 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 FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.At this time, FARO Technologies' Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Tax Provision is likely to drop about 4.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 183.9M | 175.8M | 165.0M | 123.1M | Total Revenue | 337.8M | 345.8M | 358.8M | 224.1M |
FARO Technologies fundamental ratios Correlations
Click cells to compare fundamentals
FARO Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FARO Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 486.8M | 525.6M | 479.7M | 473.3M | 504.7M | 293.7M | |
Short Long Term Debt Total | 20.4M | 28.0M | 24.4M | 20.4M | 89.0M | 93.5M | |
Other Current Liab | 43.3M | 39.6M | 27.9M | 24.4M | 28.7M | 18.4M | |
Total Current Liabilities | 106.0M | 107.9M | 98.9M | 106.2M | 113.3M | 118.9M | |
Total Stockholder Equity | 332.0M | 360.3M | 326.5M | 311.0M | 268.6M | 219.8M | |
Property Plant And Equipment Net | 45.4M | 49.2M | 44.7M | 38.7M | 33.4M | 19.6M | |
Net Debt | (113.3M) | (157.7M) | (97.6M) | (17.5M) | 12.2M | 12.9M | |
Retained Earnings | 112.9M | 113.5M | 73.5M | 46.8M | (9.8M) | (9.3M) | |
Accounts Payable | 13.7M | 14.1M | 14.2M | 27.3M | 27.4M | 28.8M | |
Cash | 133.6M | 185.6M | 122.0M | 37.8M | 76.8M | 65.5M | |
Non Current Assets Total | 164.6M | 201.7M | 206.3M | 254.0M | 243.1M | 255.2M | |
Non Currrent Assets Other | 36.3M | 34.2M | 32.6M | 34.9M | 27.2M | 19.3M | |
Cash And Short Term Investments | 158.5M | 185.6M | 122.0M | 37.8M | 96.3M | 96.9M | |
Net Receivables | 76.2M | 64.6M | 78.5M | 90.3M | 92.0M | 52.5M | |
Common Stock Shares Outstanding | 17.4M | 17.9M | 18.2M | 18.3M | 18.9M | 16.4M | |
Liabilities And Stockholders Equity | 486.8M | 525.6M | 479.7M | 473.3M | 504.7M | 293.7M | |
Non Current Liabilities Total | 48.9M | 57.3M | 54.4M | 56.1M | 122.8M | 129.0M | |
Inventory | 58.6M | 47.4M | 53.1M | 50.0M | 34.5M | 35.7M | |
Other Current Assets | 29.0M | 26.3M | 19.8M | 41.2M | 38.8M | 40.7M | |
Other Stockholder Equity | 236.5M | 256.9M | 270.3M | 297.6M | 315.6M | 158.7M | |
Total Liab | 154.9M | 165.3M | 153.3M | 162.3M | 236.1M | 247.9M | |
Property Plant And Equipment Gross | 45.4M | 49.2M | 44.7M | 38.7M | 138.5M | 145.4M | |
Total Current Assets | 322.2M | 323.9M | 273.5M | 219.4M | 261.6M | 201.2M | |
Accumulated Other Comprehensive Income | (17.4M) | (10.2M) | (17.4M) | (33.3M) | (37.2M) | (35.4M) | |
Short Term Debt | 6.7M | 11.7M | 11.5M | 11.4M | 10.9M | 11.4M | |
Intangible Assets | 14.5M | 13.3M | 25.6M | 49.0M | 47.9M | 50.3M | |
Other Liab | 35.2M | 35.2M | 35.8M | 41.4M | 47.6M | 50.0M | |
Other Assets | 55.1M | 107.7M | 53.8M | 59.1M | 68.0M | 34.3M | |
Short Term Investments | 11.0M | 24.8M | 24.9M | 0.0 | 19.5M | 26.6M | |
Treasury Stock | (31.6M) | (31.4M) | (31.0M) | (30.8M) | (27.7M) | (26.3M) | |
Property Plant Equipment | 27.0M | 49.2M | 44.7M | 38.7M | 44.5M | 24.8M | |
Current Deferred Revenue | 42.3M | 42.0M | 46.2M | 43.1M | 40.6M | 23.9M | |
Good Will | 49.7M | 57.5M | 82.1M | 107.2M | 109.5M | 115.0M | |
Net Tangible Assets | 332.0M | 360.3M | 218.7M | 311.0M | 357.7M | 322.2M | |
Retained Earnings Total Equity | 112.9M | 113.5M | 73.5M | 46.8M | 42.1M | 40.0M | |
Capital Surpluse | 267.9M | 288.0M | 301.1M | 328.2M | 377.5M | 258.7M |
Pair Trading with FARO Technologies
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 FARO Technologies 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 FARO Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with FARO Stock
Moving against FARO Stock
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0.32 | KNW | Know Labs Fiscal Year End 17th of December 2024 | PairCorr |
The ability to find closely correlated positions to FARO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FARO Technologies 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 FARO Technologies - 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 FARO Technologies to buy it.
The correlation of FARO Technologies 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 FARO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FARO Technologies 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 FARO Technologies 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Electronic Equipment, Instruments & Components 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 FARO Technologies. If investors know FARO 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 FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share 18.152 | Quarterly Revenue Growth (0.05) | Return On Assets 0.013 | Return On Equity (0.03) |
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' 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 FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' 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 FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' 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.