Franklin Inventory vs Other Stockholder Equity Analysis

FKWL Stock  USD 6.21  0.13  2.14%   
Franklin Wireless financial indicator trend analysis is much more than just examining Franklin Wireless Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Wireless Corp is a good investment. Please check the relationship between Franklin Wireless Inventory and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Wireless Corp Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Franklin Wireless' Inventory and Other Stockholder Equity is -0.21. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Franklin Wireless Corp, assuming nothing else is changed. The correlation between historical values of Franklin Wireless' Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Franklin Wireless Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Franklin Wireless' Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Other Stockholder Equity

Most indicators from Franklin Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Wireless Corp 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 Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Enterprise Value is expected to rise to about 30 M this year, although the value of Selling General Administrative will most likely fall to about 4.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit7.0M3.5M4.0M6.7M
Total Revenue45.9M30.8M35.4M38.4M

Franklin Wireless fundamental ratios Correlations

0.240.240.60.840.57-0.60.840.570.640.41-0.370.920.050.5-0.290.55-0.150.180.620.721.00.730.1-0.46-0.46
0.24-0.450.240.110.340.010.130.290.030.140.040.220.040.050.20.2-0.370.010.250.230.240.06-0.2-0.11-0.11
0.24-0.450.060.28-0.030.210.19-0.04-0.210.37-0.120.190.110.4-0.28-0.040.270.250.050.160.210.09-0.25-0.03-0.03
0.60.240.060.080.26-0.40.220.990.420.0-0.080.280.69-0.07-0.120.94-0.09-0.291.00.210.630.110.07-0.29-0.29
0.840.110.280.080.51-0.50.910.040.540.49-0.430.96-0.390.67-0.280.05-0.130.40.10.740.820.830.09-0.38-0.38
0.570.34-0.030.260.51-0.170.330.230.250.540.090.63-0.360.56-0.120.22-0.030.510.30.890.540.74-0.10.050.05
-0.60.010.21-0.4-0.5-0.17-0.55-0.41-0.990.30.18-0.59-0.05-0.050.28-0.340.20.05-0.4-0.19-0.65-0.5-0.180.250.25
0.840.130.190.220.910.33-0.550.20.580.5-0.720.86-0.130.45-0.160.16-0.22-0.020.230.530.820.610.29-0.72-0.72
0.570.29-0.040.990.040.23-0.410.20.42-0.05-0.060.250.69-0.13-0.080.94-0.13-0.330.990.170.60.080.09-0.29-0.29
0.640.03-0.210.420.540.25-0.990.580.42-0.24-0.180.650.020.13-0.280.36-0.20.00.430.270.690.560.18-0.24-0.24
0.410.140.370.00.490.540.30.5-0.05-0.24-0.520.39-0.160.560.06-0.090.150.080.020.590.320.320.02-0.48-0.48
-0.370.04-0.12-0.08-0.430.090.18-0.72-0.06-0.18-0.52-0.28-0.19-0.10.040.020.110.56-0.07-0.02-0.340.02-0.420.940.94
0.920.220.190.280.960.63-0.590.860.250.650.39-0.28-0.330.61-0.250.25-0.220.420.30.80.910.890.1-0.3-0.3
0.050.040.110.69-0.39-0.36-0.05-0.130.690.02-0.16-0.19-0.33-0.4-0.110.570.17-0.650.67-0.440.07-0.57-0.08-0.31-0.31
0.50.050.4-0.070.670.56-0.050.45-0.130.130.56-0.10.61-0.4-0.3-0.150.290.61-0.040.70.460.65-0.240.010.01
-0.290.2-0.28-0.12-0.28-0.120.28-0.16-0.08-0.280.060.04-0.25-0.11-0.3-0.12-0.25-0.32-0.12-0.23-0.3-0.180.28-0.15-0.15
0.550.2-0.040.940.050.22-0.340.160.940.36-0.090.020.250.57-0.15-0.12-0.15-0.210.930.250.580.150.15-0.19-0.19
-0.15-0.370.27-0.09-0.13-0.030.2-0.22-0.13-0.20.150.11-0.220.170.29-0.25-0.150.15-0.09-0.05-0.17-0.04-0.350.190.19
0.180.010.25-0.290.40.510.05-0.02-0.330.00.080.560.42-0.650.61-0.32-0.210.15-0.270.610.170.64-0.40.670.67
0.620.250.051.00.10.3-0.40.230.990.430.02-0.070.30.67-0.04-0.120.93-0.09-0.270.250.640.140.07-0.29-0.29
0.720.230.160.210.740.89-0.190.530.170.270.59-0.020.8-0.440.7-0.230.25-0.050.610.250.690.88-0.08-0.02-0.02
1.00.240.210.630.820.54-0.650.820.60.690.32-0.340.910.070.46-0.30.58-0.170.170.640.690.720.11-0.42-0.42
0.730.060.090.110.830.74-0.50.610.080.560.320.020.89-0.570.65-0.180.15-0.040.640.140.880.720.050.010.01
0.1-0.2-0.250.070.09-0.1-0.180.290.090.180.02-0.420.1-0.08-0.240.280.15-0.35-0.40.07-0.080.110.05-0.47-0.47
-0.46-0.11-0.03-0.29-0.380.050.25-0.72-0.29-0.24-0.480.94-0.3-0.310.01-0.15-0.190.190.67-0.29-0.02-0.420.01-0.471.0
-0.46-0.11-0.03-0.29-0.380.050.25-0.72-0.29-0.24-0.480.94-0.3-0.310.01-0.15-0.190.190.67-0.29-0.02-0.420.01-0.471.0
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Franklin Wireless Account Relationship Matchups

Franklin Wireless fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets57.8M52.0M56.9M46.7M53.7M56.4M
Short Long Term Debt Total785.5K467.9K159.1K1.5M1.7M1.8M
Other Current Liab468.0K441.2K5.6M1.3M1.5M1.2M
Total Current Liabilities11.2M9.3M16.5M9.1M10.4M8.6M
Total Stockholder Equity44.7M41.0M38.9M35.1M40.4M42.4M
Property Plant And Equipment Net904.9K554.6K253.8K1.6M1.4M1.5M
Net Debt(45.0M)(25.8M)(12.1M)(10.8M)(9.7M)(10.2M)
Retained Earnings35.7M32.0M29.1M25.1M28.9M30.4M
Accounts Payable9.7M8.1M13.0M7.3M8.4M7.2M
Cash45.8M26.3M12.2M12.3M14.1M11.1M
Non Current Assets Total3.0M3.7M5.1M6.5M7.5M7.8M
Non Currrent Assets Other140.5K126.1K126.5K131.2K118.1K152.2K
Cash And Short Term Investments51.2M42.6M39.0M37.5M43.1M45.2M
Net Receivables2.6M1.4M9.1M1.2M1.3M1.3M
Common Stock Shares Outstanding11.6M11.6M11.7M11.8M13.6M11.6M
Liabilities And Stockholders Equity57.8M52.0M56.9M46.7M53.7M56.4M
Non Current Liabilities Total467.9K159.1K122.2K1.3M1.1M1.1M
Inventory975.5K4.2M3.7M1.4M1.6M2.2M
Other Current Assets85.6K215.7K90.6K181.9K163.7K177.1K
Other Stockholder Equity9.4M10.0M10.9M11.2M12.9M13.5M
Total Liab11.6M9.4M16.5M10.3M11.9M9.0M
Property Plant And Equipment Gross904.9K1.4M906.4K1.6M1.8M1.9M
Total Current Assets54.8M48.4M51.9M40.2M46.3M48.6M
Accumulated Other Comprehensive Income(472.5K)(984.2K)(1.1M)(1.2M)(1.1M)(1.0M)
Short Term Debt635.0K617.7K318.2K479.5K551.4K578.9K
Common Stock14.0K14.1K14.2K14.3K12.8K12.2K
Other Assets1.2M528.1K1.5M2.4M2.7M1.4M
Property Plant Equipment1.4M904.9K554.6K253.8K228.4K368.7K
Intangible Assets1.2M1.4M2.2M1.3M1.5M1.5M
Short Term Investments5.4M16.3M26.7M25.2M29.0M30.4M
Net Tangible Assets19.0M43.2M39.4M36.5M41.9M24.9M

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When determining whether Franklin Wireless Corp is a strong investment it is important to analyze Franklin Wireless' 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 Wireless' 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 Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Communications 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 Franklin Wireless. 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 Wireless 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
2.667
Earnings Share
(0.28)
Revenue Per Share
3.687
Quarterly Revenue Growth
1.015
Return On Assets
(0.04)
The market value of Franklin Wireless Corp 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 Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' 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 Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' 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 Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' 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.