Fidelity Total Stockholder Equity vs Inventory Analysis

FIS Stock  USD 88.46  0.42  0.47%   
Fidelity National financial indicator trend analysis is much more than just examining Fidelity National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity National is a good investment. Please check the relationship between Fidelity National Total Stockholder Equity and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Stockholder Equity vs Inventory

Total Stockholder Equity vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fidelity National Total Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fidelity National's Total Stockholder Equity and Inventory is 0.74. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Inventory in the same time period over historical financial statements of Fidelity National Information, assuming nothing else is changed. The correlation between historical values of Fidelity National's Total Stockholder Equity and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Fidelity National Information are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Stockholder Equity i.e., Fidelity National's Total Stockholder Equity and Inventory go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Inventory

Most indicators from Fidelity National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity National 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 Fidelity National Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Fidelity National's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 1.2 M in 2024, whereas Tax Provision is likely to drop slightly above 223.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.2B5.7B3.7B2.1B
Total Revenue13.9B14.5B9.8B6.2B

Fidelity National fundamental ratios Correlations

0.940.950.340.850.960.960.940.950.630.830.860.760.94-0.280.920.80.80.920.790.680.430.830.840.820.9
0.940.990.050.810.850.820.770.790.360.610.820.690.760.030.90.820.820.940.740.740.120.650.610.610.96
0.950.990.10.860.890.850.820.850.420.660.880.770.82-0.050.950.830.830.960.820.730.190.70.680.660.96
0.340.050.10.210.370.530.560.50.890.70.210.210.55-0.820.11-0.15-0.15-0.020.240.040.880.530.690.66-0.06
0.850.810.860.210.810.810.820.830.480.750.940.80.8-0.290.930.820.820.850.940.480.40.790.760.750.73
0.960.850.890.370.810.90.960.980.660.820.90.850.97-0.320.90.750.750.890.810.670.460.80.850.780.87
0.960.820.850.530.810.90.970.950.790.940.780.660.95-0.540.850.710.710.80.740.550.650.90.940.940.76
0.940.770.820.560.820.960.971.00.810.950.840.771.0-0.560.860.70.70.80.780.530.680.920.970.930.74
0.950.790.850.50.830.980.951.00.770.920.870.821.0-0.490.880.730.730.840.80.570.620.890.940.890.78
0.630.360.420.890.480.660.790.810.770.90.50.470.8-0.850.450.20.20.350.50.260.90.760.90.860.29
0.830.610.660.70.750.820.940.950.920.90.70.620.92-0.750.730.580.580.630.670.320.850.950.990.990.54
0.860.820.880.210.940.90.780.840.870.50.70.910.85-0.20.920.750.750.880.960.570.340.740.730.670.8
0.760.690.770.210.80.850.660.770.820.470.620.910.81-0.160.790.650.650.810.810.60.290.610.660.570.73
0.940.760.820.550.80.970.951.01.00.80.920.850.81-0.520.850.680.680.810.780.560.650.890.950.890.75
-0.280.03-0.05-0.82-0.29-0.32-0.54-0.56-0.49-0.85-0.75-0.2-0.16-0.52-0.2-0.04-0.04-0.03-0.260.17-0.96-0.64-0.74-0.740.1
0.920.90.950.110.930.90.850.860.880.450.730.920.790.85-0.20.90.90.950.870.550.330.810.750.730.88
0.80.820.83-0.150.820.750.710.70.730.20.580.750.650.68-0.040.91.00.920.670.480.150.70.60.610.84
0.80.820.83-0.150.820.750.710.70.730.20.580.750.650.68-0.040.91.00.920.670.480.150.70.60.610.84
0.920.940.96-0.020.850.890.80.80.840.350.630.880.810.81-0.030.950.920.920.790.70.150.690.650.620.97
0.790.740.820.240.940.810.740.780.80.50.670.960.810.78-0.260.870.670.670.790.490.370.690.70.640.69
0.680.740.730.040.480.670.550.530.570.260.320.570.60.560.170.550.480.480.70.49-0.110.20.360.270.79
0.430.120.190.880.40.460.650.680.620.90.850.340.290.65-0.960.330.150.150.150.37-0.110.770.840.840.03
0.830.650.70.530.790.80.90.920.890.760.950.740.610.89-0.640.810.70.70.690.690.20.770.940.960.58
0.840.610.680.690.760.850.940.970.940.90.990.730.660.95-0.740.750.60.60.650.70.360.840.940.980.56
0.820.610.660.660.750.780.940.930.890.860.990.670.570.89-0.740.730.610.610.620.640.270.840.960.980.52
0.90.960.96-0.060.730.870.760.740.780.290.540.80.730.750.10.880.840.840.970.690.790.030.580.560.52
Click cells to compare fundamentals

Fidelity National Account Relationship Matchups

Fidelity National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets83.8B83.8B82.9B63.3B55.1B57.9B
Total Stockholder Equity49.4B49.3B47.3B27.2B19.1B12.1B
Non Current Assets Total75.1B73.9B72.2B50.5B41.3B21.0B
Non Currrent Assets Other3.0B2.5B2.1B(815M)19.1B20.1B
Common Stock Shares Outstanding451M627M621M604M591M305.0M
Liabilities And Stockholders Equity83.8B83.8B82.9B63.3B55.1B57.9B
Non Current Liabilities Total24.0B22.0B20.9B19.6B17.7B18.6B
Other Stockholder Equity45.3B45.8B44.2B42.5B42.2B44.3B
Total Liab34.4B34.4B35.4B35.9B36.0B37.8B
Short Long Term Debt Total20.2B20.0B20.4B20.1B19.3B20.3B
Other Current Liab4.2B2.2B2.1B3.6B7.3B7.6B
Total Current Liabilities10.4B12.4B14.5B16.2B18.3B19.2B
Property Plant And Equipment Net900M887M949M862M909M513.5M
Current Deferred Revenue817M881M779M788M832M508.9M
Net Debt19.0B18.1B18.3B17.9B18.9B19.8B
Retained Earnings4.2B3.4B2.9B(15.0B)(22.9B)(21.7B)
Accounts Payable2.4B2.5B2.9B2.8B1.9B1.1B
Cash1.2B2.0B2.0B2.2B440M682.1M
Cash And Short Term Investments1.2B2.0B2.0B2.2B440M692.0M
Net Receivables4.4B4.4B4.1B4.2B2.0B1.8B
Inventory700M2.9B3.3B551M633.7M741.5M
Other Current Assets308M254M4.0B6.4B11.3B11.9B
Property Plant And Equipment Gross1.5B1.4B3.0B2.7B2.3B2.4B
Total Current Assets8.7B9.9B10.7B12.8B13.8B14.5B
Accumulated Other Comprehensive Income(33M)57M252M(360M)(537M)(510.2M)
Short Term Debt3.0B4.1B5.5B5.9B6.2B6.5B
Intangible Assets19.0B17.3B14.8B12.2B3.9B5.4B
Good Will52.2B53.3B53.3B34.3B17.0B16.6B
Other Liab6.3B6.0B6.1B5.1B5.9B6.2B
Other Assets2.3B5.9B3.1B3.1B(1.9B)(1.8B)
Long Term Debt17.2B16.0B14.8B14.2B13.0B7.9B
Property Plant Equipment900M887M949M862M991.3M558.6M
Short Term Investments677M700M2.9B3.3B3.7B3.9B
Treasury Stock(4.7B)(52M)(150M)(2.3B)(2.0B)(2.1B)
Net Tangible Assets(21.8B)(21.1B)(20.8B)(19.3B)(17.3B)(16.5B)
Noncontrolling Interest In Consolidated Entity7M16M13M11M9.9M9.4M
Retained Earnings Total Equity4.5B4.2B3.4B2.9B3.3B3.2B

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Additional Tools for Fidelity Stock Analysis

When running Fidelity National's price analysis, check to measure Fidelity National'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 Fidelity National is operating at the current time. Most of Fidelity National's value examination focuses on studying past and present price action to predict the probability of Fidelity National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity National's price. Additionally, you may evaluate how the addition of Fidelity National to your portfolios can decrease your overall portfolio volatility.