Foxconn Total Current Assets vs Retained Earnings Analysis

601138 Stock   22.02  0.17  0.77%   
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 Total Current Assets and its Retained Earnings 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.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foxconn Industrial Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Foxconn Industrial's Total Current Assets and Retained Earnings is 0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings 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 Total Current Assets and Retained Earnings 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 Foxconn Industrial Internet are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Foxconn Industrial's Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 1.2 B.
 2021 2022 2023 2024 (projected)
Operating Income21.4B22.1B23.2B22.6B
Total Revenue439.6B511.8B476.3B437.9B

Foxconn Industrial fundamental ratios Correlations

-0.140.940.90.860.830.860.950.970.860.960.650.950.630.380.770.690.940.78-0.810.890.970.990.750.950.86
-0.140.16-0.49-0.5-0.570.24-0.13-0.190.05-0.210.210.13-0.56-0.39-0.61-0.33-0.33-0.47-0.25-0.38-0.18-0.19-0.58-0.06-0.23
0.940.160.690.710.590.970.90.880.890.850.761.00.50.160.50.510.830.64-0.940.780.90.920.520.910.83
0.9-0.490.690.890.980.560.850.890.680.90.40.710.660.540.960.770.910.79-0.50.860.880.90.90.830.76
0.86-0.50.710.890.870.60.780.860.680.860.440.730.880.520.820.760.880.91-0.550.970.840.870.860.730.84
0.83-0.570.590.980.870.450.740.850.60.890.350.620.660.670.970.840.870.8-0.370.830.820.830.910.720.65
0.860.240.970.560.60.450.820.820.890.760.720.970.480.080.340.40.760.58-0.960.710.790.830.350.840.76
0.95-0.130.90.850.780.740.820.880.780.850.650.910.530.160.730.490.890.65-0.840.790.960.970.720.990.89
0.97-0.190.880.890.860.850.820.880.80.960.560.90.690.530.780.790.970.8-0.730.890.910.940.750.890.76
0.860.050.890.680.680.60.890.780.80.750.560.890.490.110.450.450.730.59-0.810.730.80.820.480.80.79
0.96-0.210.850.90.860.890.760.850.960.750.660.880.660.590.820.830.930.85-0.680.90.920.950.760.850.75
0.650.210.760.40.440.350.720.650.560.560.660.760.240.00.250.230.510.46-0.810.50.720.670.360.60.56
0.950.131.00.710.730.620.970.910.90.890.880.760.520.210.530.540.850.67-0.930.80.910.930.540.910.83
0.63-0.560.50.660.880.660.480.530.690.490.660.240.520.560.630.680.720.93-0.370.890.550.650.590.470.69
0.38-0.390.160.540.520.670.080.160.530.110.590.00.210.560.660.920.490.640.130.540.270.350.490.170.09
0.77-0.610.50.960.820.970.340.730.780.450.820.250.530.630.660.790.830.75-0.290.770.760.790.90.710.62
0.69-0.330.510.770.760.840.40.490.790.450.830.230.540.680.920.790.750.8-0.220.790.590.660.680.50.43
0.94-0.330.830.910.880.870.760.890.970.730.930.510.850.720.490.830.750.81-0.690.90.910.940.780.90.79
0.78-0.470.640.790.910.80.580.650.80.590.850.460.670.930.640.750.80.81-0.480.960.710.790.670.590.75
-0.81-0.25-0.94-0.5-0.55-0.37-0.96-0.84-0.73-0.81-0.68-0.81-0.93-0.370.13-0.29-0.22-0.69-0.48-0.62-0.81-0.81-0.36-0.84-0.78
0.89-0.380.780.860.970.830.710.790.890.730.90.50.80.890.540.770.790.90.96-0.620.840.90.740.750.87
0.97-0.180.90.880.840.820.790.960.910.80.920.720.910.550.270.760.590.910.71-0.810.840.980.810.940.87
0.99-0.190.920.90.870.830.830.970.940.820.950.670.930.650.350.790.660.940.79-0.810.90.980.770.950.9
0.75-0.580.520.90.860.910.350.720.750.480.760.360.540.590.490.90.680.780.67-0.360.740.810.770.680.63
0.95-0.060.910.830.730.720.840.990.890.80.850.60.910.470.170.710.50.90.59-0.840.750.940.950.680.84
0.86-0.230.830.760.840.650.760.890.760.790.750.560.830.690.090.620.430.790.75-0.780.870.870.90.630.84
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Foxconn Industrial Account Relationship Matchups

Foxconn Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets205.6B225.5B266.6B284.2B287.7B227.9B
Other Current Liab13.6B5.6B8.5B16.3B881.4M837.3M
Total Current Liabilities116.0B120.5B141.3B149.2B138.0B124.8B
Total Stockholder Equity89.3B103.8B119.2B129.0B140.2B100.1B
Other Liab291.6M947.8M791.1M1.1B1.3B1.4B
Retained Earnings43.0B56.5B71.6B81.7B86.7B55.7B
Accounts Payable67.3B62.2B72.0B69.3B75.0B69.7B
Cash66.9B78.1B82.9B69.4B83.5B57.8B
Other Assets2.1B2.5B2.7B3.2B3.7B2.4B
Net Receivables84.9B86.8B87.0B97.7B88.5B92.7B
Inventory41.6B45.4B71.9B77.3B76.7B54.0B
Other Current Assets2.2B2.7B4.9B3.0B2.1B2.9B
Total Liab116.3B121.5B147.1B154.9B147.1B127.6B
Intangible Assets185.7M405.3M407.0M440.3M1.0B1.1B
Property Plant Equipment7.1B7.8B13.0B18.7B21.5B12.2B
Net Tangible Assets89.1B103.3B118.8B128.2B147.5B96.9B
Non Current Assets Total9.9B12.3B19.5B35.2B35.2B20.4B
Non Currrent Assets Other341.9M400.2M422.8M478.0M691.2M363.8M
Non Current Liabilities Total291.6M948.0M5.8B5.7B9.1B9.5B
Other Stockholder Equity628.7M424.9M(17.6M)1.1B979.9M658.6M
Deferred Long Term Liab664.6M935.7M1.3B1.7B2.0B2.1B
Short Long Term Debt28.3B44.2B52.1B50.5B41.1B34.0B
Total Current Assets195.7B213.3B247.2B248.9B252.5B220.8B
Non Current Liabilities Other189.5M535.3M437.2M498.0M473.5M350.6M
Common Stock Shares Outstanding19.9B19.9B19.9B19.9B19.9B21.5B
Net Invested Capital117.6B148.0B175.1B183.0B188.4B148.0B
Net Working Capital79.7B92.7B105.8B99.8B114.4B89.7B
Common Stock19.9B19.9B19.9B19.9B22.8B21.4B
Capital Stock19.9B19.9B19.9B19.9B19.9B21.8B

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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.