Franklin Common Stock Shares Outstanding vs Short Term Debt Analysis
FKWL Stock | USD 4.31 0.01 0.23% |
Franklin Wireless financial indicator trend analysis is much more than just examining Franklin Wireless Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Wireless Corp is a good investment. Please check the relationship between Franklin Wireless Common Stock Shares Outstanding and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Common Stock Shares Outstanding vs Short Term Debt
Common Stock Shares Outstanding vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Wireless Corp Common Stock Shares Outstanding account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Franklin Wireless' Common Stock Shares Outstanding and Short Term Debt is 0.64. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Franklin Wireless Corp, assuming nothing else is changed. The correlation between historical values of Franklin Wireless' Common Stock Shares Outstanding and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Franklin Wireless Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Franklin Wireless' Common Stock Shares Outstanding and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Short Term Debt
Most indicators from Franklin Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Wireless Corp 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 Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. Enterprise Value is expected to rise to about 30 M this year, although the value of Selling General Administrative will most likely fall to about 4.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8M | 7.0M | 3.5M | 6.7M | Total Revenue | 24.0M | 45.9M | 30.8M | 38.4M |
Franklin Wireless fundamental ratios Correlations
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Franklin Wireless Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franklin Wireless fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 65.4M | 57.8M | 52.0M | 56.9M | 46.7M | 25.3M | |
Other Current Liab | 500.7K | 468.0K | 441.2K | 5.6M | 1.3M | 1.2M | |
Total Current Liabilities | 43.0M | 11.2M | 9.3M | 16.5M | 9.1M | 8.6M | |
Total Stockholder Equity | 20.4M | 44.7M | 41.0M | 38.9M | 35.1M | 36.9M | |
Property Plant And Equipment Net | 1.4M | 904.9K | 554.6K | 253.8K | 1.6M | 1.7M | |
Net Debt | (26.5M) | (45.0M) | (25.8M) | (12.1M) | (10.8M) | (11.3M) | |
Retained Earnings | 18.0M | 35.7M | 32.0M | 29.1M | 25.1M | 26.4M | |
Accounts Payable | 42.1M | 9.7M | 8.1M | 13.0M | 7.3M | 7.2M | |
Cash | 28.2M | 45.8M | 26.3M | 12.2M | 12.3M | 11.1M | |
Non Current Assets Total | 4.0M | 3.0M | 3.7M | 5.1M | 6.5M | 3.5M | |
Non Currrent Assets Other | 283.4K | 140.5K | 126.1K | 126.5K | 131.2K | 152.2K | |
Cash And Short Term Investments | 33.5M | 51.2M | 42.6M | 39.0M | 37.5M | 39.3M | |
Net Receivables | 16.0M | 2.6M | 1.4M | 9.1M | 1.2M | 1.1M | |
Common Stock Shares Outstanding | 10.7M | 11.6M | 11.6M | 11.7M | 11.8M | 11.6M | |
Liabilities And Stockholders Equity | 65.4M | 57.8M | 52.0M | 56.9M | 46.7M | 26.3M | |
Non Current Liabilities Total | 1.3M | 467.9K | 159.1K | 122.2K | 1.3M | 1.2M | |
Inventory | 11.8M | 975.5K | 4.2M | 3.7M | 1.4M | 2.2M | |
Other Current Assets | 21.6K | 85.6K | 215.7K | 90.6K | 181.9K | 177.1K | |
Other Stockholder Equity | 3.0M | 9.4M | 10.0M | 10.9M | 11.2M | 5.9M | |
Total Liab | 44.3M | 11.6M | 9.4M | 16.5M | 10.3M | 9.0M | |
Property Plant And Equipment Gross | 1.4M | 904.9K | 1.4M | 906.4K | 1.6M | 1.7M | |
Total Current Assets | 61.4M | 54.8M | 48.4M | 51.9M | 40.2M | 22.8M | |
Accumulated Other Comprehensive Income | (650.4K) | (472.5K) | (984.2K) | (1.1M) | (1.2M) | (1.1M) | |
Short Term Debt | 400.5K | 635.0K | 617.7K | 318.2K | 479.5K | 275.6K | |
Common Stock | 14.0K | 14.1K | 14.2K | 14.3K | 12.8K | 12.2K | |
Other Assets | 1.2M | 528.1K | 1.5M | 2.4M | 2.7M | 1.4M | |
Property Plant Equipment | 1.4M | 904.9K | 554.6K | 253.8K | 228.4K | 368.7K | |
Intangible Assets | 1.1M | 1.2M | 1.4M | 2.2M | 1.3M | 1.5M | |
Short Term Investments | 5.4M | 5.4M | 16.3M | 26.7M | 25.2M | 26.5M | |
Net Tangible Assets | 19.0M | 43.2M | 39.4M | 36.5M | 41.9M | 24.9M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Communications Equipment 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 Wireless. 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 Wireless 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 2.667 | Earnings Share (0.28) | Revenue Per Share 2.613 | Quarterly Revenue Growth (0.64) | Return On Assets (0.07) |
The market value of Franklin Wireless Corp 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 Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' 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 Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' 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 Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' 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.