Fibocom Total Current Assets vs Selling General Administrative Analysis

300638 Stock   18.18  1.04  5.41%   
Fibocom Wireless financial indicator trend analysis is much more than just examining Fibocom Wireless latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fibocom Wireless is a good investment. Please check the relationship between Fibocom Wireless Total Current Assets and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fibocom Wireless. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Assets vs Selling General Administrative

Total Current Assets vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fibocom Wireless Total Current Assets account and Selling General Administrative. At this time, the significance of the direction appears to have totally related.
The correlation between Fibocom Wireless' Total Current Assets and Selling General Administrative is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Fibocom Wireless, assuming nothing else is changed. The correlation between historical values of Fibocom Wireless' Total Current Assets and Selling General Administrative 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 Current Assets of Fibocom Wireless are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., Fibocom Wireless' Total Current Assets and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Selling General Administrative

Most indicators from Fibocom Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fibocom Wireless 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Fibocom Wireless. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 70.2 M. The current year's Selling General Administrative is expected to grow to about 377.7 M
 2022 2023 2024 2025 (projected)
Gross Profit1.1B1.8B2.1B2.2B
Total Revenue5.6B7.7B8.9B9.3B

Fibocom Wireless fundamental ratios Correlations

0.431.00.990.940.861.01.00.981.00.870.990.90.931.00.90.971.00.980.741.00.570.991.00.990.92
0.430.470.40.250.660.390.470.340.42-0.030.530.670.30.430.020.440.450.570.870.430.40.440.460.460.21
1.00.470.990.940.860.991.00.961.00.840.990.910.931.00.880.971.00.990.781.00.570.991.01.00.91
0.990.40.990.910.880.990.990.980.990.890.980.880.890.990.90.940.980.970.70.990.590.980.980.970.88
0.940.250.940.910.680.940.920.910.940.840.890.81.00.940.890.960.960.880.660.940.420.960.950.961.0
0.860.660.860.880.680.840.880.850.840.640.90.940.680.840.630.770.840.890.790.860.660.840.840.830.64
1.00.390.990.990.940.840.990.971.00.890.980.880.931.00.920.970.990.980.711.00.550.990.990.990.92
1.00.471.00.990.920.880.990.971.00.840.990.90.920.990.870.950.990.980.761.00.580.990.990.990.9
0.980.340.960.980.910.850.970.970.960.90.960.850.90.960.890.90.960.930.660.980.60.960.950.950.89
1.00.421.00.990.940.841.01.00.960.860.980.890.941.00.90.971.00.980.730.990.531.01.01.00.92
0.87-0.030.840.890.840.640.890.840.90.860.820.640.80.860.980.810.840.790.350.870.440.830.830.830.84
0.990.530.990.980.890.90.980.990.960.980.820.930.890.980.840.950.980.990.80.990.580.980.980.980.87
0.90.670.910.880.80.940.880.90.850.890.640.930.810.890.680.890.90.930.90.90.610.890.910.90.77
0.930.30.930.891.00.680.930.920.90.940.80.890.810.930.850.950.950.880.690.930.410.950.940.950.99
1.00.431.00.990.940.841.00.990.961.00.860.980.890.930.90.970.990.980.740.990.540.991.00.990.92
0.90.020.880.90.890.630.920.870.890.90.980.840.680.850.90.880.880.830.420.890.420.880.880.880.89
0.970.440.970.940.960.770.970.950.90.970.810.950.890.950.970.880.980.960.780.960.460.970.980.990.94
1.00.451.00.980.960.840.990.990.961.00.840.980.90.950.990.880.980.980.771.00.551.01.01.00.94
0.980.570.990.970.880.890.980.980.930.980.790.990.930.880.980.830.960.980.820.980.550.970.980.980.85
0.740.870.780.70.660.790.710.760.660.730.350.80.90.690.740.420.780.770.820.740.580.750.780.770.62
1.00.431.00.990.940.861.01.00.980.990.870.990.90.930.990.890.961.00.980.740.580.990.990.990.92
0.570.40.570.590.420.660.550.580.60.530.440.580.610.410.540.420.460.550.550.580.580.520.550.520.38
0.990.440.990.980.960.840.990.990.961.00.830.980.890.950.990.880.971.00.970.750.990.521.01.00.94
1.00.461.00.980.950.840.990.990.951.00.830.980.910.941.00.880.981.00.980.780.990.551.01.00.93
0.990.461.00.970.960.830.990.990.951.00.830.980.90.950.990.880.991.00.980.770.990.521.01.00.94
0.920.210.910.881.00.640.920.90.890.920.840.870.770.990.920.890.940.940.850.620.920.380.940.930.94
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Fibocom Wireless Account Relationship Matchups

Fibocom Wireless fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.9B4.2B6.4B7.1B8.2B8.6B
Other Current Liab119.8M339.3M331.9M40.1M46.1M43.8M
Total Current Liabilities1.4B2.2B3.2B3.3B3.8B4.0B
Total Stockholder Equity1.6B2.0B2.4B3.1B3.6B3.8B
Other Liab3.1M5.5M13.9M143.6M165.2M173.4M
Net Tangible Assets1.2B1.4B1.8B1.7B2.0B1.1B
Retained Earnings563.9M892.7M1.2B1.5B1.7B1.8B
Accounts Payable1.1B1.2B1.9B1.9B2.2B2.3B
Cash505.4M482.4M863.8M1.0B1.2B1.2B
Non Current Assets Total642.3M920.8M1.4B1.6B1.9B1.9B
Non Currrent Assets Other14.2M17.9M8.1M113.2M130.2M136.7M
Other Assets94.2M88.3M186.9M225.1M258.8M271.8M
Net Receivables651.2M1.8B2.2B1.9B2.2B1.1B
Non Current Liabilities Total5.5M43.8M770.8M651.7M749.4M786.9M
Inventory513.5M807.0M1.1B1.3B1.5B1.6B
Other Current Assets57.8M152.1M124.9M775.0M891.2M935.8M
Other Stockholder Equity(1.8M)827.5K21.7M34.3M39.4M41.4M
Total Liab1.4B2.3B4.0B4.0B4.6B4.8B
Deferred Long Term Liab25.1M44.9M115.9M120.4M138.5M145.4M
Short Long Term Debt75M497.5M688.6M274.1M315.2M257.2M
Total Current Assets2.3B3.3B5.0B5.5B6.3B6.6B
Intangible Assets175.4M221.7M442.6M434.3M499.5M524.5M
Common Stock134.2M241.9M414.2M631.7M726.5M762.8M
Property Plant Equipment33.4M80.3M170.1M279.0M320.9M336.9M
Common Stock Shares Outstanding411.3M414.2M631.7M765.8M880.7M529.9M
Net Invested Capital1.6B2.5B3.7B3.8B4.4B2.2B
Net Working Capital925.3M1.1B1.8B2.2B2.5B2.6B
Capital Stock241.9M414.2M631.7M765.8M880.7M924.7M
Property Plant And Equipment Net80.3M170.1M279.0M255.4M293.7M180.0M
Property Plant And Equipment Gross112.6M224.6M369.3M255.4M293.7M223.5M

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Other Information on Investing in Fibocom Stock

Balance Sheet is a snapshot of the financial position of Fibocom Wireless at a specified time, usually calculated after every quarter, six months, or one year. Fibocom Wireless Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fibocom Wireless and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fibocom currently owns. An asset can also be divided into two categories, current and non-current.