Fabrinet Historical Balance Sheet

FN Stock  USD 225.85  0.00  0.00%   
Trend analysis of Fabrinet balance sheet accounts such as Other Current Liabilities of 114.9 M provides information on Fabrinet's total assets, liabilities, and equity, which is the actual value of Fabrinet to its prevalent stockholders. By breaking down trends over time using Fabrinet balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Fabrinet latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fabrinet is a good buy for the upcoming year.

Fabrinet Inventory

240.8 Million

  
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.

About Fabrinet Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Fabrinet at a specified time, usually calculated after every quarter, six months, or one year. Fabrinet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fabrinet and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fabrinet currently owns. An asset can also be divided into two categories, current and non-current.

Fabrinet Balance Sheet Chart

At this time, Fabrinet's Accounts Payable is very stable compared to the past year. As of the 28th of November 2024, Cash is likely to grow to about 430.5 M, while Short and Long Term Debt Total is likely to drop about 4.7 M.

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.

Total Current Liabilities

Total Current Liabilities is an item on Fabrinet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fabrinet are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Fabrinet's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fabrinet current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Accounts Payable is very stable compared to the past year. As of the 28th of November 2024, Cash is likely to grow to about 430.5 M, while Short and Long Term Debt Total is likely to drop about 4.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total31.2M13.4M5.0M4.7M
Total Assets1.8B2.0B2.3B2.5B

Fabrinet balance sheet Correlations

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-0.4-0.42-0.34-0.44-0.01-0.580.68-0.5-0.35-0.560.010.37-0.43-0.46-0.20.210.59-0.18-0.670.64-0.06-0.49-0.430.47-0.04
0.9-0.420.910.890.70.24-0.720.90.880.730.69-0.170.850.930.570.470.210.730.86-0.820.750.830.91-0.290.68
0.98-0.340.910.960.810.09-0.750.960.990.770.81-0.110.910.970.690.630.290.850.86-0.690.860.870.97-0.210.8
1.0-0.440.890.960.790.14-0.861.00.970.880.79-0.190.980.990.760.670.260.790.91-0.670.790.931.0-0.330.84
0.81-0.010.70.810.79-0.23-0.50.770.830.531.0-0.010.710.780.790.720.450.940.52-0.350.950.60.79-0.070.9
0.12-0.580.240.090.14-0.23-0.350.190.050.3-0.25-0.390.170.2-0.3-0.3-0.34-0.20.46-0.46-0.170.350.14-0.4-0.14
-0.830.68-0.72-0.75-0.86-0.5-0.35-0.86-0.76-0.99-0.490.27-0.9-0.81-0.71-0.45-0.03-0.53-0.90.56-0.52-0.87-0.850.52-0.64
0.99-0.50.90.961.00.770.19-0.860.960.880.76-0.220.970.990.740.620.210.780.93-0.710.770.941.0-0.350.81
0.98-0.350.880.990.970.830.05-0.760.960.780.83-0.160.920.970.720.650.320.870.85-0.660.870.870.98-0.260.82
0.86-0.560.730.770.880.530.3-0.990.880.780.53-0.220.930.820.720.560.150.530.89-0.510.540.90.87-0.490.7
0.810.010.690.810.791.0-0.25-0.490.760.830.53-0.010.710.770.790.730.470.940.52-0.340.950.60.79-0.060.9
-0.180.37-0.17-0.11-0.19-0.01-0.390.27-0.22-0.16-0.22-0.01-0.19-0.20.020.13-0.25-0.12-0.250.27-0.08-0.17-0.20.87-0.05
0.97-0.430.850.910.980.710.17-0.90.970.920.930.71-0.190.940.770.670.280.690.92-0.630.710.960.97-0.370.81
0.99-0.460.930.970.990.780.2-0.810.990.970.820.77-0.20.940.690.60.210.80.92-0.750.80.920.99-0.30.78
0.75-0.20.570.690.760.79-0.3-0.710.740.720.720.790.020.770.690.680.290.720.58-0.270.730.670.75-0.20.8
0.680.210.470.630.670.72-0.3-0.450.620.650.560.730.130.670.60.680.60.560.38-0.010.580.570.65-0.040.9
0.290.590.210.290.260.45-0.34-0.030.210.320.150.47-0.250.280.210.290.60.35-0.010.170.450.150.27-0.280.52
0.81-0.180.730.850.790.94-0.2-0.530.780.870.530.94-0.120.690.80.720.560.350.56-0.450.970.560.8-0.150.8
0.89-0.670.860.860.910.520.46-0.90.930.850.890.52-0.250.920.920.580.38-0.010.56-0.820.580.960.91-0.410.58
-0.670.64-0.82-0.69-0.67-0.35-0.460.56-0.71-0.66-0.51-0.340.27-0.63-0.75-0.27-0.010.17-0.45-0.82-0.46-0.72-0.690.29-0.25
0.82-0.060.750.860.790.95-0.17-0.520.770.870.540.95-0.080.710.80.730.580.450.970.58-0.460.610.81-0.120.81
0.92-0.490.830.870.930.60.35-0.870.940.870.90.6-0.170.960.920.670.570.150.560.96-0.720.610.93-0.340.7
1.0-0.430.910.971.00.790.14-0.851.00.980.870.79-0.20.970.990.750.650.270.80.91-0.690.810.93-0.330.83
-0.310.47-0.29-0.21-0.33-0.07-0.40.52-0.35-0.26-0.49-0.060.87-0.37-0.3-0.2-0.04-0.28-0.15-0.410.29-0.12-0.34-0.33-0.21
0.85-0.040.680.80.840.9-0.14-0.640.810.820.70.9-0.050.810.780.80.90.520.80.58-0.250.810.70.83-0.21
Click cells to compare fundamentals

Fabrinet Account Relationship Matchups

Fabrinet balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.8B2.0B2.3B2.5B
Short Long Term Debt Total59.5M46.0M31.2M13.4M5.0M4.7M
Other Current Liab70.3M75.2M77.1M112.5M109.5M114.9M
Total Current Liabilities337.5M444.4M538.5M481.9M557.9M585.8M
Total Stockholder Equity974.4M1.1B1.3B1.5B1.7B1.8B
Property Plant And Equipment Net236.3M247.8M296.4M312.0M312.6M172.7M
Current Deferred Revenue1.6M1.7M2.0M6.0M16.3M17.1M
Net Debt(165.9M)(257.0M)(166.8M)(217.9M)(405.0M)(384.7M)
Retained Earnings868.1M1.0B1.2B1.5B1.8B1.8B
Accounts Payable251.6M346.6M439.7M381.1M441.8M463.9M
Cash225.4M303.0M198.0M231.4M410.0M430.5M
Non Current Assets Total246.5M263.6M310.5M327.1M325.8M181.9M
Non Currrent Assets Other202K1.8M652K635K485K460.8K
Cash And Short Term Investments488.1M547.9M478.2M550.5M858.6M901.5M
Net Receivables310.2M348.4M452.7M531.8M592.5M622.1M
Common Stock Total Equity385K388K390K393K452.0K381.4K
Common Stock Shares Outstanding37.7M37.6M37.4M36.9M36.6M38.7M
Liabilities And Stockholders Equity1.4B1.6B1.8B2.0B2.3B2.5B
Non Current Liabilities Total69.4M59.2M43.5M29.1M34.8M40.1M
Inventory309.8M422.1M557.1M519.6M463.2M240.8M
Other Current Assets13.9M34.0M37.2M50.7M98.4M103.4M
Other Stockholder Equity107.1M102.1M49.4M11.8M(12.3M)(11.7M)
Total Liab407.0M503.6M582.0M511.0M592.8M315.0M
Property Plant And Equipment Gross236.3M247.8M296.4M312.0M639.7M671.7M
Total Current Assets1.1B1.4B1.5B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(1.1M)(6.3M)(12.8M)(8.1M)(3.1M)(3.3M)
Short Term Debt14.1M17.3M16.8M13.4M2.7M2.6M
Common Stock385K388K390K393K395K389.1K
Other Liab21.4M24.0M28.0M26.7M30.7M32.3M
Other Assets5.9M11.4M10.6M12.7M1.00.95
Long Term Debt60.9M57.7M39.5M27.4M15.2M0.0
Intangible Assets4.3M4.4M3.5M2.4M2.3M2.5M
Property Plant Equipment236.3M247.8M296.4M310.4M356.9M178.6M
Short Term Investments262.7M245.0M280.2M319.1M448.6M471.1M
Net Tangible Assets970.1M1.1B1.3B1.5B1.7B1.8B
Retained Earnings Total Equity868.1M1.0B1.2B1.5B1.7B1.8B
Long Term Debt Total61.5M57.8M39.5M27.4M15.3M0.0
Capital Surpluse175.6M189.4M196.7M206.6M237.6M148.6M
Treasury Stock(42.4M)(47.8M)(68.5M)(87.3M)(78.6M)(74.7M)

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 against Fabrinet Stock

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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 CorrelationCorrelation Matching
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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
0.197
Earnings Share
8.45
Revenue Per Share
82.845
Quarterly Revenue Growth
0.173
Return On Assets
0.0818
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.