Fox Operating Income vs Income Before Tax Analysis
FOXF Stock | USD 29.30 2.00 6.39% |
Fox Factory financial indicator trend analysis is much more than just examining Fox Factory Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fox Factory Holding is a good investment. Please check the relationship between Fox Factory Operating Income and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Operating Income vs Income Before Tax
Operating Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Factory Holding Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Fox Factory's Operating Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Fox Factory Holding, assuming nothing else is changed. The correlation between historical values of Fox Factory's Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Fox Factory Holding are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., Fox Factory's Operating Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Fox Factory Holding operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fox Factory Holding is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Fox Factory income statement and is an important metric when analyzing Fox Factory Holding profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Fox Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fox Factory Holding 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 Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Fox Factory's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.2M | 8.9M | 19.3M | 20.3M | Depreciation And Amortization | 45.1M | 49.2M | 58.6M | 61.5M |
Fox Factory fundamental ratios Correlations
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Fox Factory Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fox Factory fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 39.2M | 40.8M | 42.4M | 42.4M | 42.4M | 41.6M | |
Total Assets | 609.3M | 1.3B | 1.5B | 1.6B | 2.2B | 2.4B | |
Short Long Term Debt Total | 74.2M | 389.6M | 378.5M | 210.3M | 757.6M | 795.5M | |
Other Current Liab | 30.4M | 46.1M | 68.4M | 76.7M | 67.5M | 35.7M | |
Total Current Liabilities | 91.8M | 165.4M | 229.9M | 258.9M | 207.6M | 124.6M | |
Total Stockholder Equity | 422.2M | 719.2M | 894.1M | 1.1B | 1.2B | 1.3B | |
Other Liab | 11.6M | 24.9M | 30.8M | 963K | 1.1M | 1.1M | |
Property Plant And Equipment Net | 125.9M | 189.4M | 230.8M | 250.3M | 321.5M | 337.6M | |
Net Debt | 24.3M | 143.8M | 198.8M | 65.1M | 674.0M | 707.7M | |
Retained Earnings | 312.5M | 395.0M | 558.8M | 764.1M | 878.1M | 922.0M | |
Accounts Payable | 55.1M | 92.4M | 100.0M | 131.2M | 104.2M | 62.9M | |
Cash | 43.7M | 245.8M | 179.7M | 145.3M | 83.6M | 68.6M | |
Non Current Assets Total | 327.5M | 704.6M | 791.1M | 820.7M | 1.5B | 1.5B | |
Non Currrent Assets Other | 451K | 2.0M | 1.4M | 5.0M | 8.1M | 8.5M | |
Other Assets | 26.2M | 1K | 40.0M | 62.3M | 71.7M | 75.2M | |
Long Term Debt | 68M | 377.1M | 361.0M | 200M | 743.5M | 780.7M | |
Cash And Short Term Investments | 43.7M | 245.8M | 179.7M | 145.3M | 83.6M | 68.6M | |
Net Receivables | 91.6M | 121.2M | 142.0M | 200.4M | 171.1M | 92.1M | |
Good Will | 93.5M | 289.3M | 323.3M | 324.0M | 636.6M | 668.4M | |
Liabilities And Stockholders Equity | 609.3M | 1.3B | 1.5B | 1.6B | 2.2B | 2.4B | |
Non Current Liabilities Total | 95.3M | 402.0M | 391.8M | 238.1M | 813.0M | 853.6M | |
Inventory | 128.5M | 127.1M | 279.8M | 350.6M | 371.8M | 390.4M | |
Other Current Assets | 17.9M | 87.9M | 123.1M | 101.4M | 141.5M | 148.6M | |
Other Stockholder Equity | 109.5M | 323.1M | 330.4M | 342.5M | 334.6M | 177.8M | |
Total Liab | 187.1M | 567.4M | 621.6M | 497.0M | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 125.9M | 189.4M | 230.8M | 250.3M | 442.6M | 464.7M | |
Total Current Assets | 281.8M | 582.0M | 724.7M | 797.7M | 768.1M | 806.5M | |
Accumulated Other Comprehensive Income | 150K | 1.1M | 4.9M | 14.8M | 9.0M | 9.5M | |
Short Term Debt | 6.2M | 19.3M | 26.6M | 10.3M | 14.1M | 9.2M | |
Intangible Assets | 81.9M | 204.5M | 197.0M | 179.0M | 483.3M | 507.5M | |
Property Plant Equipment | 108.4M | 163.3M | 230.8M | 250.3M | 287.9M | 302.3M | |
Current Deferred Revenue | 6.6M | 6.7M | 172K | (14.1M) | (12.7M) | (12.1M) | |
Net Tangible Assets | 262.4M | 719.2M | 373.8M | 618.4M | 711.2M | 746.8M | |
Retained Earnings Total Equity | 135.9M | 219.7M | 312.5M | 395.0M | 454.2M | 476.9M | |
Long Term Debt Total | 93.6M | 52.5M | 68M | 377.1M | 433.7M | 455.3M | |
Capital Surpluse | 112.8M | 116.0M | 123.3M | 336.8M | 387.4M | 406.7M |
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When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory'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 Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Automotive Parts & 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 Fox Factory. If investors know Fox 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 Fox Factory 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 (0.87) | Earnings Share 0.26 | Revenue Per Share 32.862 | Quarterly Revenue Growth 0.085 | Return On Assets 0.0219 |
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.