Franklin Current Deferred Revenue vs Total Assets Analysis

FELE Stock  USD 108.04  2.36  2.14%   
Franklin Electric financial indicator trend analysis is much more than just examining Franklin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Electric is a good investment. Please check the relationship between Franklin Electric Current Deferred Revenue and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Electric Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Franklin Electric's Current Deferred Revenue and Total Assets is -0.15. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Franklin Electric Co, assuming nothing else is changed. The correlation between historical values of Franklin Electric's Current Deferred Revenue and Total 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 Current Deferred Revenue of Franklin Electric Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Franklin Electric's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Franklin Electric assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Franklin Electric books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Franklin Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Electric 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 Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Enterprise Value is expected to grow to about 3 B, whereas Selling General Administrative is forecasted to decline to about 412.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit576.1M691.4M697.0M731.9M
Total Revenue1.7B2.0B2.1B2.2B

Franklin Electric fundamental ratios Correlations

0.50.630.880.980.980.430.980.940.030.99-0.440.030.97-0.510.270.960.590.850.670.740.990.470.610.60.62
0.5-0.010.590.350.50.810.350.350.130.53-0.070.130.490.240.670.40.810.390.89-0.070.460.730.710.720.68
0.63-0.010.650.690.540.070.70.76-0.130.58-0.44-0.130.58-0.46-0.280.73-0.020.610.230.490.670.23-0.040.040.11
0.880.590.650.840.810.690.850.91-0.280.86-0.5-0.280.89-0.350.070.930.560.720.710.470.890.780.470.520.47
0.980.350.690.840.960.331.00.94-0.020.96-0.47-0.010.96-0.590.130.970.470.870.550.820.990.390.530.530.53
0.980.50.540.810.960.380.950.880.120.98-0.40.120.95-0.470.360.890.640.820.670.730.960.390.70.70.66
0.430.810.070.690.330.380.350.42-0.470.44-0.16-0.470.520.130.210.480.640.30.69-0.070.410.90.480.540.36
0.980.350.70.851.00.950.350.94-0.060.95-0.48-0.060.97-0.590.090.970.450.880.540.80.980.420.510.530.52
0.940.350.760.910.940.880.420.94-0.170.93-0.48-0.170.91-0.540.060.960.440.80.570.730.940.470.430.410.47
0.030.13-0.13-0.28-0.020.12-0.47-0.06-0.170.050.161.0-0.140.130.65-0.210.150.090.180.030.0-0.410.260.160.42
0.990.530.580.860.960.980.440.950.930.05-0.390.060.95-0.470.350.920.640.820.710.720.970.440.660.630.65
-0.44-0.07-0.44-0.5-0.47-0.4-0.16-0.48-0.480.16-0.390.16-0.470.220.19-0.53-0.03-0.6-0.26-0.22-0.48-0.43-0.26-0.17-0.36
0.030.13-0.13-0.28-0.010.12-0.47-0.06-0.171.00.060.16-0.140.130.65-0.20.150.10.180.030.0-0.420.250.160.42
0.970.490.580.890.960.950.520.970.91-0.140.95-0.47-0.14-0.50.150.960.580.830.620.70.970.560.610.650.57
-0.510.24-0.46-0.35-0.59-0.470.13-0.59-0.540.13-0.470.220.13-0.50.33-0.550.21-0.530.23-0.72-0.540.030.190.140.06
0.270.67-0.280.070.130.360.210.090.060.650.350.190.650.150.330.010.720.120.68-0.020.180.020.740.570.72
0.960.40.730.930.970.890.480.970.96-0.210.92-0.53-0.20.96-0.550.010.450.830.560.730.970.560.440.460.45
0.590.81-0.020.560.470.640.640.450.440.150.64-0.030.150.580.210.720.450.270.880.190.530.50.840.80.72
0.850.390.610.720.870.820.30.880.80.090.82-0.60.10.83-0.530.120.830.270.490.630.870.420.480.480.61
0.670.890.230.710.550.670.690.540.570.180.71-0.260.180.620.230.680.560.880.490.120.620.640.840.760.8
0.74-0.070.490.470.820.73-0.070.80.730.030.72-0.220.030.7-0.72-0.020.730.190.630.120.76-0.060.240.190.24
0.990.460.670.890.990.960.410.980.940.00.97-0.480.00.97-0.540.180.970.530.870.620.760.490.550.550.57
0.470.730.230.780.390.390.90.420.47-0.410.44-0.43-0.420.560.030.020.560.50.420.64-0.060.490.360.460.34
0.610.71-0.040.470.530.70.480.510.430.260.66-0.260.250.610.190.740.440.840.480.840.240.550.360.880.85
0.60.720.040.520.530.70.540.530.410.160.63-0.170.160.650.140.570.460.80.480.760.190.550.460.880.66
0.620.680.110.470.530.660.360.520.470.420.65-0.360.420.570.060.720.450.720.610.80.240.570.340.850.66
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Franklin Electric Account Relationship Matchups

Franklin Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.6B1.7B1.7B1.8B
Short Long Term Debt Total142.6M126.5M236.8M264.8M156.3M111.0M
Other Current Liab71.5M89.0M115.4M120.6M100.2M105.3M
Total Current Liabilities185.8M203.7M396.0M405.8M287.0M301.4M
Total Stockholder Equity798.7M847.8M946.5M1.1B1.2B1.3B
Property Plant And Equipment Net228.9M241.0M259.0M264.1M286.8M301.1M
Net Debt78.2M(4.3M)196.2M219.1M71.3M51.4M
Retained Earnings712.5M764.6M859.8M969.3M1.1B1.1B
Accounts Payable82.6M95.9M164.8M139.3M152.4M160.0M
Cash64.4M130.8M40.5M45.8M85.0M61.0M
Non Current Assets Total627.3M653.1M850.5M836.1M874.3M918.0M
Non Currrent Assets Other2.0M2.7M4.5M5.9M6.4M9.5M
Cash And Short Term Investments64.4M130.8M40.5M45.8M85.0M62.5M
Net Receivables173.3M159.8M196.2M230.4M222.4M233.5M
Common Stock Shares Outstanding47M47.1M46.8M46.7M46.9M38.5M
Liabilities And Stockholders Equity1.2B1.3B1.6B1.7B1.7B1.8B
Non Current Liabilities Total210.3M218.7M230.5M217.6M230.8M152.5M
Inventory300.2M300.9M450.0M545.0M508.7M534.1M
Other Current Assets29.5M27.7M38.0M36.9M37.7M24.2M
Other Stockholder Equity271.8M283.4M310.6M325.4M344.7M362.0M
Total Liab396.1M422.4M626.5M623.4M517.8M281.4M
Property Plant And Equipment Gross228.9M241.0M210.7M215.2M657.0M689.9M
Total Current Assets567.4M619.3M724.6M858.1M853.8M896.5M
Accumulated Other Comprehensive Income(190.2M)(204.8M)(228.6M)(231.4M)(221.1M)(210.1M)
Short Term Debt31.7M13.6M113.3M142.7M29.7M24.2M
Other Liab99.6M106.1M107.0M95.5M109.9M77.3M
Other Assets(48K)27K11.6M12.2M12.7M25.7K
Long Term Debt93.1M92.0M90.5M89.3M88.1M111.1M
Good Will398.4M412.1M591.5M572.0M342.4M281.2M
Intangible Assets131.1M133.8M249.7M231.3M230.0M123.1M
Property Plant Equipment201.3M209.0M259.0M215.2M247.4M171.7M
Net Tangible Assets814.1M868.5M357.2M1.1B1.3B719.2M
Noncontrolling Interest In Consolidated Entity2.1M2.1M2.2M2.3M2.6M2.1M
Retained Earnings Total Equity712.5M764.6M859.8M969.3M1.1B610.3M
Long Term Debt Total93.1M92.0M90.5M89.3M80.3M103.2M
Capital Surpluse269.7M283.4M310.6M325.4M374.2M257.4M

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When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric'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 Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Industrial Machinery & Supplies & Components 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 Electric. 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 Electric 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
(0.05)
Dividend Share
0.975
Earnings Share
3.93
Revenue Per Share
43.688
Quarterly Revenue Growth
(0.01)
The market value of Franklin Electric 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.