Fulgent Free Cash Flow vs Change To Inventory Analysis

FLGT Stock

USD 18.85 0.10 0.53%

Fulgent Genetics financial indicator trend analysis is much more than just examining Fulgent Genetics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fulgent Genetics is a good investment. Please check the relationship between Fulgent Genetics Free Cash Flow and its Change To Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fulgent Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fulgent Genetics Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Fulgent Genetics' Free Cash Flow and Change To Inventory is -0.39. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Fulgent Genetics, assuming nothing else is changed. The correlation between historical values of Fulgent Genetics' Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Fulgent Genetics are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Fulgent Genetics' Free Cash Flow and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from Fulgent Genetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fulgent Genetics 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 Fulgent Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.At this time, Fulgent Genetics' Discontinued Operations is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 107.5 M in 2025, whereas Tax Provision is likely to drop slightly above 2.9 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	366.9M	104.5M	120.1M	180.0M
Total Revenue	619.0M	289.2M	332.6M	266.7M

Gross Profit Total Revenue

Fulgent Genetics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.93	0.84	1.0	0.99	0.98	-0.88	0.98	0.84	0.94	0.9	-0.12	0.35	0.87	0.62	0.92	0.66	0.87	0.98	0.95	0.97	0.87	0.98	-0.61	-0.61	0.85
Other Current Liab	0.93		0.92	0.92	0.94	0.9	-0.9	0.87	0.92	0.94	0.79	-0.1	0.33	0.82	0.83	0.88	0.86	0.72	0.96	0.99	0.87	0.86	0.89	-0.62	-0.62	0.71
Total Current Liabilities	0.84	0.92		0.82	0.84	0.74	-0.88	0.78	1.0	0.87	0.56	-0.27	0.45	0.92	0.89	0.87	0.91	0.63	0.86	0.94	0.71	0.95	0.75	-0.58	-0.58	0.52
Total Stockholder Equity	1.0	0.92	0.82		0.99	0.98	-0.88	0.99	0.83	0.93	0.9	-0.11	0.35	0.86	0.6	0.92	0.64	0.88	0.97	0.94	0.97	0.86	0.98	-0.61	-0.61	0.86
Net Tangible Assets	0.99	0.94	0.84	0.99		0.96	-0.92	0.97	0.84	0.97	0.87	-0.03	0.43	0.88	0.66	0.92	0.69	0.82	0.98	0.95	0.95	0.88	0.96	-0.62	-0.62	0.81
Property Plant And Equipment Net	0.98	0.9	0.74	0.98	0.96		-0.8	0.96	0.75	0.88	0.97	-0.08	0.18	0.75	0.52	0.88	0.56	0.9	0.96	0.91	1.0	0.75	1.0	-0.59	-0.59	0.93
Net Debt	-0.88	-0.9	-0.88	-0.88	-0.92	-0.8		-0.84	-0.86	-0.98	-0.64	-0.15	-0.69	-0.91	-0.81	-0.88	-0.84	-0.56	-0.89	-0.9	-0.77	-0.93	-0.78	0.6	0.6	-0.53
Retained Earnings	0.98	0.87	0.78	0.99	0.97	0.96	-0.84		0.78	0.9	0.9	-0.13	0.34	0.86	0.51	0.88	0.56	0.9	0.93	0.89	0.97	0.84	0.97	-0.51	-0.51	0.87
Accounts Payable	0.84	0.92	1.0	0.83	0.84	0.75	-0.86	0.78		0.86	0.58	-0.29	0.39	0.91	0.89	0.88	0.9	0.65	0.87	0.94	0.72	0.94	0.76	-0.62	-0.62	0.55
Cash	0.94	0.94	0.87	0.93	0.97	0.88	-0.98	0.9	0.86		0.75	0.11	0.59	0.89	0.78	0.89	0.81	0.66	0.94	0.94	0.85	0.91	0.86	-0.61	-0.61	0.64
Non Current Assets Total	0.9	0.79	0.56	0.9	0.87	0.97	-0.64	0.9	0.58	0.75		-0.06	0.0	0.57	0.32	0.77	0.37	0.89	0.86	0.78	0.98	0.57	0.96	-0.49	-0.49	0.97
Non Currrent Assets Other	-0.12	-0.1	-0.27	-0.11	-0.03	-0.08	-0.15	-0.13	-0.29	0.11	-0.06		0.45	-0.2	-0.02	-0.13	0.01	-0.45	-0.09	-0.17	-0.11	-0.17	-0.15	0.12	0.12	-0.25
Other Assets	0.35	0.33	0.45	0.35	0.43	0.18	-0.69	0.34	0.39	0.59	0.0	0.45		0.63	0.51	0.39	0.52	-0.04	0.33	0.34	0.16	0.62	0.17	-0.22	-0.22	-0.13
Cash And Short Term Investments	0.87	0.82	0.92	0.86	0.88	0.75	-0.91	0.86	0.91	0.89	0.57	-0.2	0.63		0.73	0.89	0.75	0.68	0.84	0.87	0.74	0.99	0.76	-0.58	-0.58	0.54
Net Receivables	0.62	0.83	0.89	0.6	0.66	0.52	-0.81	0.51	0.89	0.78	0.32	-0.02	0.51	0.73		0.65	1.0	0.28	0.7	0.82	0.46	0.79	0.5	-0.5	-0.5	0.21
Common Stock Shares Outstanding	0.92	0.88	0.87	0.92	0.92	0.88	-0.88	0.88	0.88	0.89	0.77	-0.13	0.39	0.89	0.65		0.69	0.77	0.94	0.89	0.87	0.9	0.88	-0.76	-0.76	0.73
Inventory	0.66	0.86	0.91	0.64	0.69	0.56	-0.84	0.56	0.9	0.81	0.37	0.01	0.52	0.75	1.0	0.69		0.31	0.73	0.84	0.51	0.81	0.54	-0.5	-0.5	0.26
Other Current Assets	0.87	0.72	0.63	0.88	0.82	0.9	-0.56	0.9	0.65	0.66	0.89	-0.45	-0.04	0.68	0.28	0.77	0.31		0.81	0.77	0.92	0.65	0.93	-0.49	-0.49	0.95
Other Stockholder Equity	0.98	0.96	0.86	0.97	0.98	0.96	-0.89	0.93	0.87	0.94	0.86	-0.09	0.33	0.84	0.7	0.94	0.73	0.81		0.96	0.94	0.86	0.95	-0.74	-0.74	0.8
Total Liab	0.95	0.99	0.94	0.94	0.95	0.91	-0.9	0.89	0.94	0.94	0.78	-0.17	0.34	0.87	0.82	0.89	0.84	0.77	0.96		0.88	0.89	0.9	-0.62	-0.62	0.73
Property Plant And Equipment Gross	0.97	0.87	0.71	0.97	0.95	1.0	-0.77	0.97	0.72	0.85	0.98	-0.11	0.16	0.74	0.46	0.87	0.51	0.92	0.94	0.88		0.73	1.0	-0.57	-0.57	0.95
Total Current Assets	0.87	0.86	0.95	0.86	0.88	0.75	-0.93	0.84	0.94	0.91	0.57	-0.17	0.62	0.99	0.79	0.9	0.81	0.65	0.86	0.89	0.73		0.76	-0.59	-0.59	0.53
Property Plant Equipment	0.98	0.89	0.75	0.98	0.96	1.0	-0.78	0.97	0.76	0.86	0.96	-0.15	0.17	0.76	0.5	0.88	0.54	0.93	0.95	0.9	1.0	0.76		-0.59	-0.59	0.94
Common Stock Total Equity	-0.61	-0.62	-0.58	-0.61	-0.62	-0.59	0.6	-0.51	-0.62	-0.61	-0.49	0.12	-0.22	-0.58	-0.5	-0.76	-0.5	-0.49	-0.74	-0.62	-0.57	-0.59	-0.59		1.0	-0.45
Common Stock	-0.61	-0.62	-0.58	-0.61	-0.62	-0.59	0.6	-0.51	-0.62	-0.61	-0.49	0.12	-0.22	-0.58	-0.5	-0.76	-0.5	-0.49	-0.74	-0.62	-0.57	-0.59	-0.59	1.0		-0.45
Other Liab	0.85	0.71	0.52	0.86	0.81	0.93	-0.53	0.87	0.55	0.64	0.97	-0.25	-0.13	0.54	0.21	0.73	0.26	0.95	0.8	0.73	0.95	0.53	0.94	-0.45	-0.45

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Fulgent Genetics Account Relationship Matchups

Fulgent Genetics fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	700.5M	1.3B	1.4B	1.2B	1.4B	1.5B
Other Current Liab	35.0M	28.4M	24.2M	26.9M	31.0M	32.5M
Total Current Liabilities	131.1M	112.8M	116.2M	73.0M	84.0M	49.4M
Total Stockholder Equity	569.4M	1.2B	1.3B	1.1B	1.3B	1.4B
Net Tangible Assets	82.8M	569.4M	1.2B	973.0M	1.1B	1.2B
Property Plant And Equipment Net	40.2M	62.3M	81.4M	95.6M	110.0M	115.5M
Net Debt	(71.6M)	(143.6M)	(58.9M)	(82.2M)	(74.0M)	(70.3M)
Retained Earnings	150.9M	657.6M	801M	633.2M	728.2M	764.6M
Accounts Payable	26.5M	20.5M	23.1M	15.4M	17.7M	10.3M
Cash	87.4M	164.9M	79.5M	97.5M	112.1M	117.7M
Non Current Assets Total	84.7M	204.3M	480.4M	727.5M	836.6M	878.4M
Non Currrent Assets Other	(88.0M)	142.0M	(287.4M)	22.7M	20.5M	21.5M
Other Assets	44.5M	912.6M	26.6M	1.0	1.15	1.09
Cash And Short Term Investments	431.9M	935.5M	852.9M	424.2M	487.8M	312.5M
Net Receivables	204.1M	143.3M	52.7M	57.4M	66.1M	52.9M
Common Stock Shares Outstanding	24.1M	31.0M	31.0M	29.8M	34.3M	23.5M
Liabilities And Stockholders Equity	700.5M	1.3B	1.4B	1.2B	1.4B	1.5B
Inventory	16.5M	12.2M	4.3M	5.8M	6.7M	4.4M
Other Current Assets	3.7M	6.0M	44.5M	26.2M	30.2M	31.7M
Other Stockholder Equity	418.1M	501.9M	486.6M	501.7M	577.0M	605.8M
Total Liab	131.1M	112.8M	116.2M	102.0M	117.3M	123.2M
Property Plant And Equipment Gross	41.0M	81.9M	124.6M	135.1M	155.4M	163.1M
Total Current Assets	615.7M	1.1B	905.6M	507.8M	584.0M	365.6M
Accumulated Other Comprehensive Income	438K	(759K)	(20.9M)	1.2M	1.1M	1.1M
Property Plant Equipment	8.6M	40.2M	62.3M	98.9M	113.8M	119.4M
Retained Earnings Total Equity	(63.0M)	(63.4M)	150.9M	657.6M	756.2M	794.0M
Short Term Investments	344.4M	770.7M	773.4M	326.7M	375.7M	326.9M
Non Current Liabilities Total	959K	7.5M	28.1M	29.0M	33.4M	35.0M
Capital Surpluse	114.2M	146.1M	418.1M	501.9M	577.2M	606.1M
Long Term Investments	132.5M	507.0M	339.0M	444.0M	510.6M	536.1M
Non Current Liabilities Other	959K	7.5M	28.1M	11.0M	12.6M	6.8M
Net Invested Capital	584.4M	1.2B	1.3B	1.1B	1.3B	688.3M
Net Working Capital	393.5M	961.6M	539.8M	434.8M	500.1M	381.8M
Short Long Term Debt Total	15.9M	21.3M	20.6M	15.3M	17.5M	16.7M

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