Foxconn Other Current Liab vs Intangible Assets Analysis

601138 Stock   19.75  0.79  3.85%   
Foxconn Industrial financial indicator trend analysis is much more than just examining Foxconn Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foxconn Industrial is a good investment. Please check the relationship between Foxconn Industrial Other Current Liab and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Foxconn Industrial Internet. 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.

Other Current Liab vs Intangible Assets

Other Current Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foxconn Industrial Other Current Liab account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Foxconn Industrial's Other Current Liab and Intangible Assets is -0.61. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Foxconn Industrial Internet, assuming nothing else is changed. The correlation between historical values of Foxconn Industrial's Other Current Liab and Intangible 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 Other Current Liab of Foxconn Industrial Internet are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Current Liab i.e., Foxconn Industrial's Other Current Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Foxconn Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foxconn Industrial 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 Foxconn Industrial Internet. 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 2.1 B, whereas Selling General Administrative is forecasted to decline to about 1.1 B.
 2022 2023 2024 2025 (projected)
Operating Income22.1B23.2B26.7B22.6B
Total Revenue511.8B476.3B547.8B437.9B

Foxconn Industrial fundamental ratios Correlations

-0.270.940.930.880.880.880.960.990.880.970.580.950.70.530.820.780.880.81-0.760.910.960.990.80.940.9
-0.270.03-0.56-0.56-0.620.08-0.24-0.28-0.07-0.330.19-0.01-0.61-0.46-0.65-0.43-0.51-0.55-0.2-0.44-0.27-0.31-0.63-0.14-0.37
0.940.030.740.750.660.980.920.920.910.870.711.00.580.310.580.60.80.69-0.910.820.910.930.590.920.83
0.93-0.560.740.890.980.650.870.920.740.930.350.770.730.670.970.840.850.82-0.480.880.880.930.910.830.84
0.88-0.560.750.890.880.670.820.880.740.870.430.770.870.580.840.780.950.92-0.550.970.870.890.890.750.87
0.88-0.620.660.980.880.570.790.890.670.920.30.70.730.760.970.890.820.83-0.380.850.830.870.920.750.77
0.880.080.980.650.670.570.850.870.90.810.670.970.580.260.460.540.770.66-0.920.760.820.860.460.860.8
0.96-0.240.920.870.820.790.850.910.820.880.60.920.610.320.780.610.830.7-0.810.830.960.970.770.990.89
0.99-0.280.920.920.880.890.870.910.870.980.540.940.720.60.810.830.880.81-0.710.910.930.970.810.90.86
0.88-0.070.910.740.740.670.90.820.870.790.520.910.580.290.560.570.770.66-0.790.790.820.850.570.830.81
0.97-0.330.870.930.870.920.810.880.980.790.570.890.730.70.860.880.870.86-0.640.910.910.960.810.850.83
0.580.190.710.350.430.30.670.60.540.520.570.70.210.020.260.20.440.4-0.810.490.680.60.330.590.45
0.95-0.011.00.770.770.70.970.920.940.910.890.70.610.360.620.640.820.72-0.90.840.920.940.620.930.84
0.7-0.610.580.730.870.730.580.610.720.580.730.210.610.630.670.750.920.95-0.370.890.60.720.650.510.8
0.53-0.460.310.670.580.760.260.320.60.290.70.020.360.630.70.940.520.70.070.60.380.510.60.270.41
0.82-0.650.580.970.840.970.460.780.810.560.860.260.620.670.70.820.760.76-0.310.80.80.840.930.730.75
0.78-0.430.60.840.780.890.540.610.830.570.880.20.640.750.940.820.750.83-0.250.810.650.760.750.570.65
0.88-0.510.80.850.950.820.770.830.880.770.870.440.820.920.520.760.750.94-0.630.980.840.90.750.770.91
0.81-0.550.690.820.920.830.660.70.810.660.860.40.720.950.70.760.830.94-0.470.960.730.820.710.610.83
-0.76-0.2-0.91-0.48-0.55-0.38-0.92-0.81-0.71-0.79-0.64-0.81-0.9-0.370.07-0.31-0.25-0.63-0.47-0.62-0.8-0.76-0.37-0.83-0.68
0.91-0.440.820.880.970.850.760.830.910.790.910.490.840.890.60.80.810.980.96-0.620.870.920.790.780.9
0.96-0.270.910.880.870.830.820.960.930.820.910.680.920.60.380.80.650.840.73-0.80.870.970.830.950.84
0.99-0.310.930.930.890.870.860.970.970.850.960.60.940.720.510.840.760.90.82-0.760.920.970.820.950.92
0.8-0.630.590.910.890.920.460.770.810.570.810.330.620.650.60.930.750.750.71-0.370.790.830.820.720.71
0.94-0.140.920.830.750.750.860.990.90.830.850.590.930.510.270.730.570.770.61-0.830.780.950.950.720.84
0.9-0.370.830.840.870.770.80.890.860.810.830.450.840.80.410.750.650.910.83-0.680.90.840.920.710.84
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Foxconn Industrial Account Relationship Matchups

Foxconn Industrial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets225.5B266.6B284.2B287.7B330.9B227.9B
Other Current Liab5.6B8.5B16.3B881.4M793.2M753.6M
Total Current Liabilities120.5B141.3B149.2B138.0B158.8B124.8B
Total Stockholder Equity103.8B119.2B129.0B140.2B161.2B100.1B
Other Liab291.6M947.8M791.1M1.1B1.3B1.4B
Retained Earnings56.5B71.6B81.7B86.7B99.7B55.7B
Accounts Payable62.2B72.0B69.3B75.0B86.3B69.7B
Cash78.1B82.9B69.4B83.5B96.0B57.8B
Other Assets2.1B2.5B2.7B3.2B3.7B2.4B
Net Receivables86.8B87.0B97.7B88.5B101.7B92.7B
Inventory45.4B71.9B77.3B76.7B88.2B54.0B
Other Current Assets2.7B4.9B3.0B2.1B2.5B2.9B
Total Liab121.5B147.1B154.9B147.1B169.2B127.6B
Intangible Assets405.3M407.0M440.3M1.0B1.2B1.2B
Property Plant Equipment7.1B7.8B13.0B18.7B21.5B12.2B
Net Tangible Assets89.1B103.3B118.8B128.2B147.5B96.9B
Non Current Assets Total12.3B19.5B35.2B35.2B40.5B20.4B
Non Currrent Assets Other400.2M422.8M478.0M691.2M794.9M834.7M
Non Current Liabilities Total948.0M5.8B5.7B9.1B10.4B10.9B
Other Stockholder Equity628.7M424.9M(17.6M)1.1B979.9M658.6M
Deferred Long Term Liab664.6M935.7M1.3B1.7B2.0B2.1B
Short Long Term Debt44.2B52.1B50.5B41.1B47.3B34.0B
Total Current Assets213.3B247.2B248.9B252.5B290.4B220.8B
Non Current Liabilities Other535.3M437.2M498.0M473.5M544.5M350.6M
Common Stock Shares Outstanding19.9B19.9B19.9B19.9B22.8B21.5B
Net Invested Capital148.0B175.1B183.0B188.4B216.6B148.0B
Net Working Capital92.7B105.8B99.8B114.4B131.6B89.7B
Common Stock19.9B19.9B19.9B19.9B22.8B21.4B
Capital Stock19.9B19.9B19.9B19.9B22.8B21.8B
Property Plant And Equipment Net7.8B13.0B18.7B21.8B25.1B15.0B
Property Plant And Equipment Gross30.9B37.2B45.1B50.9B58.6B42.6B

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Other Information on Investing in Foxconn Stock

Balance Sheet is a snapshot of the financial position of Foxconn Industrial at a specified time, usually calculated after every quarter, six months, or one year. Foxconn Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Foxconn Industrial 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 Foxconn currently owns. An asset can also be divided into two categories, current and non-current.