Fox Other Current Assets vs Long Term Debt Analysis

FOXF Stock

USD 31.73 1.66 4.97%

Fox Factory financial indicator trend analysis is much more than just examining Fox Factory Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fox Factory Holding is a good investment. Please check the relationship between Fox Factory Other Current Assets and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Other Current Assets vs Long Term Debt

Other Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Factory Holding Other Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Fox Factory's Other Current Assets and Long Term Debt is 0.93. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Fox Factory Holding, assuming nothing else is changed. The correlation between historical values of Fox Factory's Other Current Assets and Long 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 Other Current Assets of Fox Factory Holding are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Assets i.e., Fox Factory's Other Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Long Term Debt

Long-term debt is a debt that Fox Factory Holding has held for over one year. Long-term debt appears on Fox Factory Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fox Factory Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Fox Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fox Factory Holding 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 Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, Fox Factory's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Interest Expense	8.2M	8.9M	19.3M	20.3M
Depreciation And Amortization	45.1M	49.2M	58.6M	61.5M

Interest Expense Depreciation And Amortization

Fox Factory fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.83	0.7	0.78	0.89	0.86	0.4	0.84	0.56	0.83	0.88	0.72	0.78	0.6	0.74	0.7	0.72	0.88	0.75	0.93	0.69	0.83	0.82	0.86	0.77	0.78
Total Assets	0.83		0.95	0.8	0.81	0.99	0.21	0.99	0.86	0.99	0.82	0.65	0.99	0.89	0.91	0.94	0.65	0.82	0.98	0.82	0.95	0.97	0.99	0.83	0.98	0.99
Short Long Term Debt Total	0.7	0.95		0.63	0.63	0.89	0.17	0.92	0.96	0.89	0.63	0.53	0.98	0.9	0.82	1.0	0.53	0.63	0.98	0.74	1.0	0.86	0.94	0.69	0.99	0.96
Other Current Liab	0.78	0.8	0.63		0.94	0.85	0.32	0.83	0.47	0.82	0.93	0.76	0.73	0.58	0.74	0.62	0.76	0.94	0.7	0.78	0.63	0.82	0.82	0.91	0.71	0.74
Total Current Liabilities	0.89	0.81	0.63	0.94		0.86	0.4	0.83	0.45	0.83	0.99	0.82	0.73	0.57	0.74	0.62	0.82	0.98	0.71	0.85	0.62	0.84	0.84	0.96	0.72	0.73
Total Stockholder Equity	0.86	0.99	0.89	0.85	0.86		0.21	0.99	0.79	0.99	0.87	0.68	0.96	0.86	0.93	0.89	0.68	0.88	0.95	0.82	0.89	0.98	0.97	0.86	0.95	0.97
Other Liab	0.4	0.21	0.17	0.32	0.4	0.21		0.24	-0.03	0.14	0.37	0.68	0.14	-0.17	-0.04	0.16	0.68	0.3	0.12	0.33	0.15	0.12	0.3	0.5	0.2	0.13
Property Plant And Equipment Net	0.84	0.99	0.92	0.83	0.83	0.99	0.24		0.82	0.99	0.84	0.68	0.98	0.86	0.92	0.92	0.68	0.85	0.96	0.82	0.92	0.97	0.98	0.84	0.96	0.98
Net Debt	0.56	0.86	0.96	0.47	0.45	0.79	-0.03	0.82		0.81	0.44	0.28	0.92	0.92	0.8	0.96	0.28	0.47	0.94	0.63	0.97	0.8	0.83	0.5	0.93	0.91
Retained Earnings	0.83	0.99	0.89	0.82	0.83	0.99	0.14	0.99	0.81		0.84	0.61	0.97	0.88	0.95	0.89	0.61	0.86	0.95	0.8	0.9	0.99	0.96	0.81	0.94	0.98
Accounts Payable	0.88	0.82	0.63	0.93	0.99	0.87	0.37	0.84	0.44	0.84		0.83	0.74	0.58	0.73	0.62	0.83	0.99	0.71	0.85	0.62	0.83	0.82	0.96	0.72	0.74
Cash	0.72	0.65	0.53	0.76	0.82	0.68	0.68	0.68	0.28	0.61	0.83		0.56	0.32	0.39	0.52	1.0	0.77	0.54	0.66	0.51	0.56	0.71	0.89	0.59	0.55
Non Current Assets Total	0.78	0.99	0.98	0.73	0.73	0.96	0.14	0.98	0.92	0.97	0.74	0.56		0.93	0.91	0.97	0.56	0.75	1.0	0.79	0.98	0.95	0.97	0.76	0.99	1.0
Non Currrent Assets Other	0.6	0.89	0.9	0.58	0.57	0.86	-0.17	0.86	0.92	0.88	0.58	0.32	0.93		0.89	0.9	0.32	0.62	0.94	0.64	0.91	0.88	0.85	0.59	0.91	0.93
Other Assets	0.74	0.91	0.82	0.74	0.74	0.93	-0.04	0.92	0.8	0.95	0.73	0.39	0.91	0.89		0.82	0.39	0.78	0.9	0.71	0.83	0.97	0.87	0.67	0.87	0.93
Long Term Debt	0.7	0.94	1.0	0.62	0.62	0.89	0.16	0.92	0.96	0.89	0.62	0.52	0.97	0.9	0.82		0.52	0.63	0.98	0.73	1.0	0.86	0.93	0.68	0.99	0.96
Cash And Short Term Investments	0.72	0.65	0.53	0.76	0.82	0.68	0.68	0.68	0.28	0.61	0.83	1.0	0.56	0.32	0.39	0.52		0.77	0.54	0.66	0.51	0.56	0.71	0.89	0.59	0.55
Net Receivables	0.88	0.82	0.63	0.94	0.98	0.88	0.3	0.85	0.47	0.86	0.99	0.77	0.75	0.62	0.78	0.63	0.77		0.72	0.87	0.63	0.85	0.82	0.94	0.73	0.76
Good Will	0.75	0.98	0.98	0.7	0.71	0.95	0.12	0.96	0.94	0.95	0.71	0.54	1.0	0.94	0.9	0.98	0.54	0.72		0.77	0.99	0.93	0.96	0.74	0.99	0.99
Common Stock Total Equity	0.93	0.82	0.74	0.78	0.85	0.82	0.33	0.82	0.63	0.8	0.85	0.66	0.79	0.64	0.71	0.73	0.66	0.87	0.77		0.73	0.79	0.8	0.86	0.79	0.79
Non Current Liabilities Total	0.69	0.95	1.0	0.63	0.62	0.89	0.15	0.92	0.97	0.9	0.62	0.51	0.98	0.91	0.83	1.0	0.51	0.63	0.99	0.73		0.87	0.93	0.68	0.99	0.97
Inventory	0.83	0.97	0.86	0.82	0.84	0.98	0.12	0.97	0.8	0.99	0.83	0.56	0.95	0.88	0.97	0.86	0.56	0.85	0.93	0.79	0.87		0.95	0.8	0.92	0.95
Other Current Assets	0.82	0.99	0.94	0.82	0.84	0.97	0.3	0.98	0.83	0.96	0.82	0.71	0.97	0.85	0.87	0.93	0.71	0.82	0.96	0.8	0.93	0.95		0.86	0.97	0.96
Other Stockholder Equity	0.86	0.83	0.69	0.91	0.96	0.86	0.5	0.84	0.5	0.81	0.96	0.89	0.76	0.59	0.67	0.68	0.89	0.94	0.74	0.86	0.68	0.8	0.86		0.76	0.75
Total Liab	0.77	0.98	0.99	0.71	0.72	0.95	0.2	0.96	0.93	0.94	0.72	0.59	0.99	0.91	0.87	0.99	0.59	0.73	0.99	0.79	0.99	0.92	0.97	0.76		0.98
Property Plant And Equipment Gross	0.78	0.99	0.96	0.74	0.73	0.97	0.13	0.98	0.91	0.98	0.74	0.55	1.0	0.93	0.93	0.96	0.55	0.76	0.99	0.79	0.97	0.95	0.96	0.75	0.98

Click cells to compare fundamentals

Fox Factory Account Relationship Matchups

Fox Factory fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	39.2M	40.8M	42.4M	42.4M	42.4M	41.6M
Total Assets	609.3M	1.3B	1.5B	1.6B	2.2B	2.4B
Short Long Term Debt Total	74.2M	389.6M	378.5M	210.3M	757.6M	795.5M
Other Current Liab	30.4M	46.1M	68.4M	76.7M	67.5M	35.7M
Total Current Liabilities	91.8M	165.4M	229.9M	258.9M	207.6M	124.6M
Total Stockholder Equity	422.2M	719.2M	894.1M	1.1B	1.2B	1.3B
Other Liab	11.6M	24.9M	30.8M	963K	1.1M	1.1M
Property Plant And Equipment Net	125.9M	189.4M	230.8M	250.3M	321.5M	337.6M
Net Debt	24.3M	143.8M	198.8M	65.1M	674.0M	707.7M
Retained Earnings	312.5M	395.0M	558.8M	764.1M	878.1M	922.0M
Accounts Payable	55.1M	92.4M	100.0M	131.2M	104.2M	62.9M
Cash	43.7M	245.8M	179.7M	145.3M	83.6M	68.6M
Non Current Assets Total	327.5M	704.6M	791.1M	820.7M	1.5B	1.5B
Non Currrent Assets Other	451K	2.0M	1.4M	5.0M	8.1M	8.5M
Other Assets	26.2M	1K	40.0M	62.3M	71.7M	75.2M
Long Term Debt	68M	377.1M	361.0M	200M	743.5M	780.7M
Cash And Short Term Investments	43.7M	245.8M	179.7M	145.3M	83.6M	68.6M
Net Receivables	91.6M	121.2M	142.0M	200.4M	171.1M	92.1M
Good Will	93.5M	289.3M	323.3M	324.0M	636.6M	668.4M
Liabilities And Stockholders Equity	609.3M	1.3B	1.5B	1.6B	2.2B	2.4B
Non Current Liabilities Total	95.3M	402.0M	391.8M	238.1M	813.0M	853.6M
Inventory	128.5M	127.1M	279.8M	350.6M	371.8M	390.4M
Other Current Assets	17.9M	87.9M	123.1M	101.4M	141.5M	148.6M
Other Stockholder Equity	109.5M	323.1M	330.4M	342.5M	334.6M	177.8M
Total Liab	187.1M	567.4M	621.6M	497.0M	1.0B	1.1B
Property Plant And Equipment Gross	125.9M	189.4M	230.8M	250.3M	442.6M	464.7M
Total Current Assets	281.8M	582.0M	724.7M	797.7M	768.1M	806.5M
Accumulated Other Comprehensive Income	150K	1.1M	4.9M	14.8M	9.0M	9.5M
Short Term Debt	6.2M	19.3M	26.6M	10.3M	14.1M	9.2M
Intangible Assets	81.9M	204.5M	197.0M	179.0M	483.3M	507.5M
Property Plant Equipment	108.4M	163.3M	230.8M	250.3M	287.9M	302.3M
Current Deferred Revenue	6.6M	6.7M	172K	(14.1M)	(12.7M)	(12.1M)
Net Tangible Assets	262.4M	719.2M	373.8M	618.4M	711.2M	746.8M
Retained Earnings Total Equity	135.9M	219.7M	312.5M	395.0M	454.2M	476.9M
Long Term Debt Total	93.6M	52.5M	68M	377.1M	433.7M	455.3M
Capital Surpluse	112.8M	116.0M	123.3M	336.8M	387.4M	406.7M

Currently Active Assets on Macroaxis

ESRT	Empire State Realty
C	Citigroup
C	Citigroup
GOOG	Alphabet Inc Class C
DD	Dupont De Nemours

When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:

How To Invest In Fox

Details

Is Fox Stock a good investment?

Details

What is Fox Factory's Net Worth?

Details

Largest Automobiles & Components Companies

View

Largest Consumer Discretionary Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Automotive Parts & 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 Fox Factory. If investors know Fox 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 Fox Factory 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

(0.87)

Earnings Share

0.26

Revenue Per Share

32.862

Quarterly Revenue Growth

0.085

Return On Assets

0.0219

The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Fox Other Current Assets vs Long Term Debt Analysis

Other Current Assets vs Long Term Debt

Other Current Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Other Current Assets

Long Term Debt

Fox Factory fundamental ratios Correlations

Fox Factory Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fox Factory fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Long Term Debt

Non Currrent Assets Other	- 0.17	Other Liab
Other Assets	- 0.04	Other Liab
Net Debt	- 0.03	Other Liab