Fabrinet Debt

FN Stock  USD 495.55  33.50  7.25%   
Fabrinet holds a debt-to-equity ratio of 0.018. At this time, Fabrinet's Short and Long Term Debt is very stable compared to the past year. As of the 14th of February 2026, Cash Flow To Debt Ratio is likely to grow to 16.69, while Short and Long Term Debt Total is likely to drop about 10 M. With a high degree of financial leverage come high-interest payments, which usually reduce Fabrinet's Earnings Per Share (EPS).

Asset vs Debt

Equity vs Debt

Fabrinet's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Fabrinet's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Fabrinet Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Fabrinet's stakeholders.
For most companies, including Fabrinet, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Fabrinet, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Fabrinet's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book
7.6338
Book Value
60.989
Operating Margin
0.101
Profit Margin
0.0969
Return On Assets
0.0812
At this time, Fabrinet's Total Current Liabilities is very stable compared to the past year. As of the 14th of February 2026, Liabilities And Stockholders Equity is likely to grow to about 3.4 B, while Non Current Liabilities Total is likely to drop about 40.5 M.
Check out the analysis of Fabrinet Financial Statements.
To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.

Fabrinet Bond Ratings

Fabrinet financial ratings play a critical role in determining how much Fabrinet have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Fabrinet's borrowing costs.
Piotroski F Score
7
StrongView
Beneish M Score
(2.48)
Unlikely ManipulatorView

Fabrinet Debt to Cash Allocation

As Fabrinet follows its natural business cycle, the capital allocation decisions will not magically go away. Fabrinet's decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
Fabrinet reports 9.15 M of total liabilities with total debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from financial leverage. Fabrinet has a current ratio of 2.89, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Fabrinet to invest in growth at high rates of return.

Fabrinet Total Assets Over Time

Fabrinet Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Fabrinet uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Fabrinet Debt Ratio

    
  0.64   
It appears that most of the Fabrinet's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Fabrinet's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Fabrinet, which in turn will lower the firm's financial flexibility.

Fabrinet Corporate Bonds Issued

Fabrinet issues bonds to finance its operations. Corporate bonds make up one of the most significant components of the U.S. bond market and are considered the world's largest securities market. Fabrinet uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt.

Fabrinet Short Long Term Debt Total

Short Long Term Debt Total

10 Million

At this time, Fabrinet's Short and Long Term Debt Total is very stable compared to the past year.

Understaning Fabrinet Use of Financial Leverage

Leverage ratios show Fabrinet's total debt position, including all outstanding obligations. In simple terms, high financial leverage means that the cost of production, along with the day-to-day running of the business, is high. Conversely, lower financial leverage implies lower fixed cost investment in the business, which is generally considered a good sign by investors. The degree of Fabrinet's financial leverage can be measured in several ways, including ratios such as the debt-to-equity ratio (total debt / total equity), or the debt ratio (total debt / total assets).
Last ReportedProjected for Next Year
Short and Long Term Debt Total10.5 M10 M
Net Debt-267.5 M-254.2 M
Short Term Debt1.6 M1.5 M
Short and Long Term Debt10.9 M13.1 M
Net Debt To EBITDA(0.71)(0.75)
Debt To Equity 0.01  0.01 
Interest Debt Per Share 0.41  0.39 
Debt To Assets 0.01  0.01 
Total Debt To Capitalization 0.01  0.01 
Debt Equity Ratio 0.01  0.01 
Debt Ratio 0.01  0.01 
Cash Flow To Debt Ratio 15.89  16.69 
Please read more on our technical analysis page.

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 the analysis of Fabrinet Financial Statements.
To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Electronic Equipment, Instruments & Components sector continue expanding? Could Fabrinet diversify its offerings? Factors like these will boost the valuation of Fabrinet. Market participants price Fabrinet higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Fabrinet data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.307
Earnings Share
10.44
Revenue Per Share
108.652
Quarterly Revenue Growth
0.359
Return On Assets
0.0812
Understanding Fabrinet requires distinguishing between market price and book value, where the latter reflects Fabrinet's accounting equity. The concept of intrinsic value - what Fabrinet's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Fabrinet's price substantially above or below its fundamental 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. In contrast, Fabrinet's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

What is Financial Leverage?

Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing. In most cases, the debt provider will limit how much risk it is ready to take and indicate a limit on the extent of the leverage it will allow. In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan. In the case of a cash flow loan, the general creditworthiness of the company is used to back the loan. The concept of leverage is common in the business world. It is mostly used to boost the returns on equity capital of a company, especially when the business is unable to increase its operating efficiency and returns on total investment. Because earnings on borrowing are higher than the interest payable on debt, the company's total earnings will increase, ultimately boosting stockholders' profits.

Leverage and Capital Costs

The debt to equity ratio plays a role in the working average cost of capital (WACC). The overall interest on debt represents the break-even point that must be obtained to profitability in a given venture. Thus, WACC is essentially the average interest an organization owes on the capital it has borrowed for leverage. Let's say equity represents 60% of borrowed capital, and debt is 40%. This results in a financial leverage calculation of 40/60, or 0.6667. The organization owes 10% on all equity and 5% on all debt. That means that the weighted average cost of capital is (.4)(5) + (.6)(10) - or 8%. For every $10,000 borrowed, this organization will owe $800 in interest. Profit must be higher than 8% on the project to offset the cost of interest and justify this leverage.

Benefits of Financial Leverage

Leverage provides the following benefits for companies:
  • Leverage is an essential tool a company's management can use to make the best financing and investment decisions.
  • It provides a variety of financing sources by which the firm can achieve its target earnings.
  • Leverage is also an essential technique in investing as it helps companies set a threshold for the expansion of business operations. For example, it can be used to recommend restrictions on business expansion once the projected return on additional investment is lower than the cost of debt.
By borrowing funds, the firm incurs a debt that must be paid. But, this debt is paid in small installments over a relatively long period of time. This frees funds for more immediate use in the stock market. For example, suppose a company can afford a new factory but will be left with negligible free cash. In that case, it may be better to finance the factory and spend the cash on hand on inputs, labor, or even hold a significant portion as a reserve against unforeseen circumstances.

The Risk of Financial Leverage

The most obvious and apparent risk of leverage is that if price changes unexpectedly, the leveraged position can lead to severe losses. For example, imagine a hedge fund seeded by $50 worth of investor money. The hedge fund borrows another $50 and buys an asset worth $100, leading to a leverage ratio of 2:1. For the investor, this is neither good nor bad -- until the asset price changes. If the asset price goes up 10 percent, the investor earns $10 on $50 of capital, a net gain of 20 percent, and is very pleased with the increased gains from the leverage. However, if the asset price crashes unexpectedly, say by 30 percent, the investor loses $30 on $50 of capital, suffering a 60 percent loss. In other words, the effect of leverage is to increase the volatility of returns and increase the effects of a price change on the asset to the bottom line while increasing the chance for profit as well.