Franklin Long Term Investments vs Total Assets Analysis
FC Stock | USD 37.12 0.25 0.68% |
Franklin Covey financial indicator trend analysis is much more than just examining Franklin Covey latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Covey is a good investment. Please check the relationship between Franklin Covey Long Term Investments and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.
Long Term Investments vs Total Assets
Long Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Covey Long Term Investments account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Franklin Covey's Long Term Investments and Total Assets is -0.69. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Franklin Covey, assuming nothing else is changed. The correlation between historical values of Franklin Covey's Long Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Franklin Covey are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Investments i.e., Franklin Covey's Long Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Franklin Covey balance sheet that represents investments Franklin Covey intends to hold for over a year. Franklin Covey long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Assets
Total assets refers to the total amount of Franklin Covey assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Franklin Covey books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Franklin Covey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Covey 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 Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.The current year's Tax Provision is expected to grow to about 10.1 M, whereas Selling General Administrative is forecasted to decline to about 121.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 201.9M | 213.5M | 221.1M | 135.2M | Total Revenue | 262.8M | 280.5M | 287.2M | 215.0M |
Franklin Covey fundamental ratios Correlations
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Franklin Covey Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franklin Covey fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 205.4M | 249.7M | 259.2M | 245.9M | 261.5M | 207.7M | |
Short Long Term Debt Total | 36.6M | 32.9M | 24.3M | 15.3M | 6.0M | 5.7M | |
Other Current Liab | 22.6M | 35.0M | 34.2M | 28.3M | 32.5M | 25.6M | |
Total Current Liabilities | 102.5M | 136.5M | 153.8M | 151.6M | 162.5M | 170.6M | |
Total Stockholder Equity | 59.5M | 79.9M | 82.8M | 78.7M | 83.1M | 118.0M | |
Property Plant And Equipment Net | 15.7M | 11.5M | 9.8M | 10.0M | 8.7M | 8.3M | |
Net Debt | 9.5M | (14.6M) | (36.3M) | (22.9M) | (42.6M) | (40.5M) | |
Retained Earnings | 50.0M | 63.6M | 82.0M | 99.8M | 123.2M | 129.4M | |
Accounts Payable | 5.6M | 6.9M | 10.9M | 6.5M | 7.9M | 10.5M | |
Cash | 27.1M | 47.4M | 60.5M | 38.2M | 48.7M | 51.1M | |
Non Current Assets Total | 103.8M | 112.9M | 103.3M | 100.9M | 101.3M | 120.5M | |
Non Currrent Assets Other | 15.6M | 15.2M | 12.7M | 17.5M | 22.7M | 13.7M | |
Cash And Short Term Investments | 27.1M | 47.4M | 60.5M | 38.2M | 48.7M | 51.1M | |
Net Receivables | 56.4M | 70.7M | 72.6M | 81.9M | 86.0M | 54.1M | |
Common Stock Shares Outstanding | 13.9M | 14.1M | 14.6M | 14.3M | 13.5M | 14.4M | |
Liabilities And Stockholders Equity | 205.4M | 249.7M | 259.2M | 245.9M | 261.5M | 207.7M | |
Non Current Liabilities Total | 43.5M | 33.3M | 22.5M | 15.6M | 16.0M | 31.0M | |
Inventory | 3.0M | 2.5M | 3.5M | 4.2M | 4.0M | 3.8M | |
Other Current Assets | 2.6M | 16.1M | 24.0M | 20.6M | 21.6M | 22.7M | |
Other Stockholder Equity | 7.5M | 14.2M | (18K) | (21.5M) | (40.7M) | (38.6M) | |
Total Liab | 146.0M | 169.8M | 176.3M | 167.3M | 178.4M | 123.4M | |
Property Plant And Equipment Gross | 15.7M | 70.8M | 67.2M | 70.9M | 68.6M | 40.5M | |
Total Current Assets | 101.7M | 136.7M | 155.9M | 145.0M | 160.3M | 87.2M | |
Accumulated Other Comprehensive Income | 641K | 709K | (542K) | (987K) | (768K) | (806.4K) | |
Short Term Debt | 7.6M | 8.7M | 9.0M | 9.4M | 3.9M | 7.1M | |
Intangible Assets | 47.1M | 50.1M | 44.8M | 40.5M | 37.8M | 73.7M | |
Other Liab | 13.9M | 9.1M | 7.3M | 9.4M | 10.8M | 11.4M | |
Other Assets | 15.5M | 20.1M | 17.4M | 19.1M | 22.0M | 15.5M | |
Long Term Debt | 29.0M | 13.0M | 7.3M | 1.5M | 775K | 736.3K | |
Treasury Stock | (195.0M) | (204.4M) | (200.7M) | (220.3M) | (198.2M) | (208.1M) | |
Property Plant Equipment | 15.7M | 11.5M | 9.8M | 10.0M | 9.0M | 8.6M | |
Current Deferred Revenue | 66.7M | 85.9M | 99.7M | 107.5M | 118.2M | 124.1M | |
Net Tangible Assets | (11.9M) | (1.5M) | 6.8M | 6.9M | 6.2M | 12.1M | |
Retained Earnings Total Equity | 59.4M | 50.0M | 63.6M | 82.0M | 94.3M | 54.2M | |
Long Term Debt Total | 29.0M | 13.0M | 15.2M | 6.0M | 5.4M | 5.1M | |
Capital Surpluse | 211.9M | 214.9M | 220.2M | 232.4M | 267.2M | 232.9M | |
Deferred Long Term Liab | 5.3M | 375K | 6.2M | 11.8M | 13.6M | 14.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Research & Consulting Services 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 Franklin Covey. If investors know Franklin 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 Franklin Covey 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 0.837 | Earnings Share 1.74 | Revenue Per Share 21.808 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0911 |
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey'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 Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey'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 Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey'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.