Fabrinet Debt Ratio from 2010 to 2024
| FN Stock | USD 234.58 8.73 3.87% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.00057943 | Current Value (0.01) | Quarterly Volatility 0.0296438 |
Check Fabrinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fabrinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 51.5 M, Interest Expense of 117.8 K or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0495 or PTB Ratio of 3.23. Fabrinet financial statements analysis is a perfect complement when working with Fabrinet Valuation or Volatility modules.
Fabrinet | Debt Ratio |
Latest Fabrinet's Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of Fabrinet over the last few years. It is Fabrinet's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fabrinet's overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
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Debt Ratio |
| Timeline |
Fabrinet Debt Ratio Regression Statistics
| Arithmetic Mean | 0.03 | |
| Coefficient Of Variation | 92.02 | |
| Mean Deviation | 0.03 | |
| Median | 0.02 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0.0009 | |
| Range | 0.0756 | |
| R-Value | (0.84) | |
| Mean Square Error | 0.0003 | |
| R-Squared | 0.70 | |
| Significance | 0.000095 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.01 |
Fabrinet Debt Ratio History
Other Fundumenentals of Fabrinet
Fabrinet Debt Ratio component correlations
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About Fabrinet Financial Statements
Fabrinet investors utilize fundamental indicators, such as Debt Ratio, to predict how Fabrinet Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.00 | (0.01) | |
| Cash Flow To Debt Ratio | 304.90 | (21.32) |
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.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.Check out the analysis of Fabrinet Correlation against competitors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 8.44 | 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.