Franklin Non Current Assets Total vs Total Current Assets 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 Non Current Assets Total and its Total Current Assets 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.
Non Current Assets Total vs Total Current Assets
Non Current Assets Total vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Wireless Corp Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Franklin Wireless' Non Current Assets Total and Total Current Assets is 0.15. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets 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' Non Current Assets Total and Total Current 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 Non Current Assets Total of Franklin Wireless Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., Franklin Wireless' Non Current Assets Total and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.