Fabrinet Total Assets vs Cash And Equivalents Analysis

FN Stock

USD 223.04 0.00 0.00%

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

To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.

Total Assets vs Cash And Equivalents

Total Assets vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fabrinet Total Assets account and Cash And Equivalents. At this time, the significance of the direction appears to have no relationship.

The correlation between Fabrinet's Total Assets and Cash And Equivalents is 0.06. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Fabrinet, assuming nothing else is changed. The correlation between historical values of Fabrinet's Total Assets and Cash And Equivalents 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 Assets of Fabrinet are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Total Assets i.e., Fabrinet's Total Assets and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Total Assets

Total assets refers to the total amount of Fabrinet 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 Fabrinet 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.

Cash And Equivalents

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

To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.At this time, Fabrinet's Tax Provision is very stable compared to the past year. As of the 17th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0, while Selling General Administrative is likely to drop about 47.9 M.

	2022	2023	2024	2025 (projected)
Interest Expense	1.5M	124K	111.6K	106.0K
Depreciation And Amortization	43.8M	49.0M	56.4M	59.2M

Interest Expense Depreciation And Amortization

Fabrinet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		-0.51	0.93	0.98	1.0	0.97	0.34	-0.86	1.0	0.99	0.9	0.97	-0.15	0.98	0.99	0.74	0.75	0.23	0.95	0.93	-0.74	0.98	0.94	1.0	-0.39	0.85
Short Long Term Debt Total	-0.51		-0.53	-0.46	-0.54	-0.34	-0.65	0.72	-0.59	-0.47	-0.64	-0.32	0.33	-0.54	-0.56	-0.23	-0.06	0.56	-0.43	-0.72	0.69	-0.39	-0.58	-0.54	0.51	-0.26
Other Current Liab	0.93	-0.53		0.94	0.92	0.89	0.43	-0.77	0.93	0.91	0.81	0.88	-0.14	0.9	0.95	0.59	0.61	0.16	0.88	0.9	-0.86	0.92	0.88	0.93	-0.37	0.74
Total Current Liabilities	0.98	-0.46	0.94		0.97	0.96	0.31	-0.8	0.97	1.0	0.84	0.96	-0.09	0.94	0.98	0.69	0.71	0.24	0.97	0.9	-0.76	0.99	0.91	0.98	-0.31	0.81
Total Stockholder Equity	1.0	-0.54	0.92	0.97		0.96	0.36	-0.88	1.0	0.97	0.92	0.96	-0.16	0.98	0.99	0.74	0.75	0.2	0.94	0.94	-0.74	0.96	0.95	1.0	-0.41	0.85
Property Plant And Equipment Net	0.97	-0.34	0.89	0.96	0.96		0.19	-0.76	0.95	0.96	0.81	1.0	-0.06	0.92	0.95	0.77	0.82	0.35	0.96	0.83	-0.63	0.97	0.88	0.96	-0.28	0.89
Current Deferred Revenue	0.34	-0.65	0.43	0.31	0.36	0.19		-0.46	0.4	0.27	0.49	0.18	-0.34	0.4	0.41	-0.17	0.05	-0.31	0.17	0.61	-0.56	0.27	0.53	0.36	-0.46	0.16
Net Debt	-0.86	0.72	-0.77	-0.8	-0.88	-0.76	-0.46		-0.88	-0.81	-0.96	-0.75	0.23	-0.9	-0.84	-0.68	-0.58	-0.02	-0.76	-0.9	0.62	-0.77	-0.87	-0.87	0.56	-0.73
Retained Earnings	1.0	-0.59	0.93	0.97	1.0	0.95	0.4	-0.88		0.97	0.92	0.94	-0.18	0.98	0.99	0.72	0.72	0.16	0.94	0.95	-0.77	0.96	0.96	1.0	-0.42	0.83
Accounts Payable	0.99	-0.47	0.91	1.0	0.97	0.96	0.27	-0.81	0.97		0.85	0.96	-0.14	0.94	0.98	0.72	0.72	0.26	0.98	0.89	-0.73	0.99	0.9	0.98	-0.35	0.82
Cash	0.9	-0.64	0.81	0.84	0.92	0.81	0.49	-0.96	0.92	0.85		0.8	-0.17	0.96	0.88	0.69	0.69	0.1	0.77	0.93	-0.62	0.83	0.94	0.91	-0.53	0.77
Non Current Assets Total	0.97	-0.32	0.88	0.96	0.96	1.0	0.18	-0.75	0.94	0.96	0.8		-0.06	0.92	0.95	0.77	0.82	0.37	0.96	0.81	-0.62	0.97	0.87	0.96	-0.27	0.89
Non Currrent Assets Other	-0.15	0.33	-0.14	-0.09	-0.16	-0.06	-0.34	0.23	-0.18	-0.14	-0.17	-0.06		-0.15	-0.16	0.02	0.07	-0.25	-0.15	-0.19	0.24	-0.11	-0.12	-0.16	0.84	-0.09
Cash And Short Term Investments	0.98	-0.54	0.9	0.94	0.98	0.92	0.4	-0.9	0.98	0.94	0.96	0.92	-0.15		0.96	0.74	0.75	0.21	0.88	0.95	-0.71	0.93	0.97	0.98	-0.44	0.83
Net Receivables	0.99	-0.56	0.95	0.98	0.99	0.95	0.41	-0.84	0.99	0.98	0.88	0.95	-0.16	0.96		0.68	0.7	0.16	0.94	0.94	-0.8	0.97	0.95	0.99	-0.38	0.81
Common Stock Total Equity	0.74	-0.23	0.59	0.69	0.74	0.77	-0.17	-0.68	0.72	0.72	0.69	0.77	0.02	0.74	0.68		0.85	0.31	0.73	0.57	-0.3	0.7	0.64	0.73	-0.23	0.87
Common Stock Shares Outstanding	0.75	-0.06	0.61	0.71	0.75	0.82	0.05	-0.58	0.72	0.72	0.69	0.82	0.07	0.75	0.7	0.85		0.46	0.7	0.58	-0.26	0.74	0.7	0.73	-0.18	0.94
Non Current Liabilities Total	0.23	0.56	0.16	0.24	0.2	0.35	-0.31	-0.02	0.16	0.26	0.1	0.37	-0.25	0.21	0.16	0.31	0.46		0.28	-0.02	0.16	0.34	0.11	0.21	-0.26	0.39
Inventory	0.95	-0.43	0.88	0.97	0.94	0.96	0.17	-0.76	0.94	0.98	0.77	0.96	-0.15	0.88	0.94	0.73	0.7	0.28		0.81	-0.68	0.97	0.81	0.95	-0.32	0.81
Other Current Assets	0.93	-0.72	0.9	0.9	0.94	0.83	0.61	-0.9	0.95	0.89	0.93	0.81	-0.19	0.95	0.94	0.57	0.58	-0.02	0.81		-0.85	0.87	0.97	0.94	-0.47	0.7
Other Stockholder Equity	-0.74	0.69	-0.86	-0.76	-0.74	-0.63	-0.56	0.62	-0.77	-0.73	-0.62	-0.62	0.24	-0.71	-0.8	-0.3	-0.26	0.16	-0.68	-0.85		-0.72	-0.77	-0.75	0.35	-0.43
Total Liab	0.98	-0.39	0.92	0.99	0.96	0.97	0.27	-0.77	0.96	0.99	0.83	0.97	-0.11	0.93	0.97	0.7	0.74	0.34	0.97	0.87	-0.72		0.89	0.97	-0.33	0.83
Property Plant And Equipment Gross	0.94	-0.58	0.88	0.91	0.95	0.88	0.53	-0.87	0.96	0.9	0.94	0.87	-0.12	0.97	0.95	0.64	0.7	0.11	0.81	0.97	-0.77	0.89		0.95	-0.42	0.77
Total Current Assets	1.0	-0.54	0.93	0.98	1.0	0.96	0.36	-0.87	1.0	0.98	0.91	0.96	-0.16	0.98	0.99	0.73	0.73	0.21	0.95	0.94	-0.75	0.97	0.95		-0.41	0.84
Short Term Debt	-0.39	0.51	-0.37	-0.31	-0.41	-0.28	-0.46	0.56	-0.42	-0.35	-0.53	-0.27	0.84	-0.44	-0.38	-0.23	-0.18	-0.26	-0.32	-0.47	0.35	-0.33	-0.42	-0.41		-0.31
Common Stock	0.85	-0.26	0.74	0.81	0.85	0.89	0.16	-0.73	0.83	0.82	0.77	0.89	-0.09	0.83	0.81	0.87	0.94	0.39	0.81	0.7	-0.43	0.83	0.77	0.84	-0.31

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Fabrinet Account Relationship Matchups

Fabrinet fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.6B	1.8B	2.0B	2.3B	2.7B	2.8B
Short Long Term Debt Total	46.0M	31.2M	13.4M	5.0M	5.7M	5.5M
Other Current Liab	75.2M	77.1M	112.5M	109.5M	125.9M	132.2M
Total Current Liabilities	444.4M	538.5M	481.9M	557.9M	641.6M	673.7M
Total Stockholder Equity	1.1B	1.3B	1.5B	1.7B	2.0B	2.1B
Property Plant And Equipment Net	247.8M	296.4M	312.0M	312.6M	359.5M	377.4M
Current Deferred Revenue	1.7M	2.0M	6.0M	16.3M	18.8M	19.7M
Net Debt	(257.0M)	(166.8M)	(217.9M)	(405.0M)	(364.5M)	(346.3M)
Retained Earnings	1.0B	1.2B	1.5B	1.8B	2.0B	2.1B
Accounts Payable	346.6M	439.7M	381.1M	441.8M	508.1M	533.5M
Cash	303.0M	198.0M	231.4M	410.0M	471.5M	495.0M
Non Current Assets Total	263.6M	310.5M	327.1M	325.8M	374.7M	393.4M
Non Currrent Assets Other	1.8M	652K	635K	485K	557.8K	1.0M
Cash And Short Term Investments	547.9M	478.2M	550.5M	858.6M	987.4M	1.0B
Net Receivables	348.4M	452.7M	531.8M	592.5M	681.3M	715.4M
Common Stock Total Equity	385K	388K	390K	393K	452.0K	381.4K
Common Stock Shares Outstanding	37.6M	37.4M	36.9M	36.6M	42.0M	38.7M
Liabilities And Stockholders Equity	1.6B	1.8B	2.0B	2.3B	2.7B	2.8B
Non Current Liabilities Total	59.2M	43.5M	29.1M	34.8M	40.1M	40.1M
Inventory	422.1M	557.1M	519.6M	463.2M	532.7M	559.3M
Other Current Assets	34.0M	37.2M	50.7M	98.4M	113.2M	118.9M
Other Stockholder Equity	102.1M	49.4M	11.8M	(12.3M)	(11.1M)	(10.5M)
Total Liab	503.6M	582.0M	511.0M	592.8M	681.7M	715.8M
Property Plant And Equipment Gross	247.8M	296.4M	312.0M	639.7M	735.7M	772.5M
Total Current Assets	1.4B	1.5B	1.7B	2.0B	2.3B	2.4B
Accumulated Other Comprehensive Income	(6.3M)	(12.8M)	(8.1M)	(3.1M)	(3.6M)	(3.8M)
Short Term Debt	17.3M	16.8M	13.4M	2.7M	2.4M	2.3M
Common Stock	388K	390K	393K	395K	454.3K	389.1K
Other Liab	21.4M	24.0M	28.0M	26.7M	30.7M	32.3M
Other Assets	11.4M	10.6M	12.7M	1.0	1.15	1.09
Intangible Assets	4.4M	3.5M	2.4M	2.3M	2.7M	2.5M
Property Plant Equipment	236.3M	247.8M	296.4M	310.4M	356.9M	178.6M
Short Term Investments	245.0M	280.2M	319.1M	448.6M	515.9M	541.7M
Net Tangible Assets	970.1M	1.1B	1.3B	1.5B	1.7B	1.8B
Retained Earnings Total Equity	868.1M	1.0B	1.2B	1.5B	1.7B	1.8B
Capital Surpluse	175.6M	189.4M	196.7M	206.6M	237.6M	148.6M

Pair Trading with Fabrinet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fabrinet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fabrinet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fabrinet Stock

0.79

BHE

Benchmark Electronics

Pair Corr

Moving against Fabrinet Stock

0.42	KULR	KULR Technology Group Aggressive Push	Pair Corr
0.42	LPTH	LightPath Technologies	Pair Corr
0.41	IONQ	IONQ Inc	Pair Corr
0.4	IVDAW	Iveda Solutions Warrant	Pair Corr

The ability to find closely correlated positions to Fabrinet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fabrinet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fabrinet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fabrinet to buy it.

The correlation of Fabrinet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fabrinet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fabrinet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fabrinet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

How To Invest In Fabrinet

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Is Fabrinet Stock a good investment?

Details

What is Fabrinet's Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.

You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Is Electronic Equipment, Instruments & 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 Fabrinet. If investors know Fabrinet 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 Fabrinet 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

0.259

Earnings Share

8.94

Revenue Per Share

86.281

Quarterly Revenue Growth

0.17

Return On Assets

0.0806

The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet'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 Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet'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 Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Fabrinet Total Assets vs Cash And Equivalents Analysis

Total Assets vs Cash And Equivalents

Total Assets vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Total Assets

Cash And Equivalents

Fabrinet fundamental ratios Correlations

Fabrinet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fabrinet fundamental ratios Accounts

Pair Trading with Fabrinet

Moving together with Fabrinet Stock

Moving against Fabrinet Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Cash	- 0.96	Net Debt
Other Current Assets	- 0.9	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Retained Earnings	- 0.88	Net Debt
Net Debt	- 0.88	Total Stockholder Equity
Total Current Assets	- 0.87	Net Debt