Focused Net Tangible Assets vs Treasury Stock Analysis

300203 Stock   18.65  0.11  0.59%   
Focused Photonics financial indicator trend analysis is much more than just examining Focused Photonics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Focused Photonics is a good investment. Please check the relationship between Focused Photonics Net Tangible Assets and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Focused Photonics Hangzhou. 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.

Net Tangible Assets vs Treasury Stock

Net Tangible Assets vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Focused Photonics Net Tangible Assets account and Treasury Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Focused Photonics' Net Tangible Assets and Treasury Stock is 0.81. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Focused Photonics Hangzhou, assuming nothing else is changed. The correlation between historical values of Focused Photonics' Net Tangible Assets and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Focused Photonics Hangzhou are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Tangible Assets i.e., Focused Photonics' Net Tangible Assets and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Treasury Stock

Most indicators from Focused Photonics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Focused Photonics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Focused Photonics Hangzhou. 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.
The current year's Selling General Administrative is expected to grow to about 493.4 M, whereas Tax Provision is forecasted to decline to about 9.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.3B1.3B1.5B1.5B
Research Development566.3M555.8M639.2M401.0M

Focused Photonics fundamental ratios Correlations

0.390.910.890.580.870.90.950.820.80.490.90.760.88-0.240.510.840.040.880.930.690.310.580.810.840.91
0.390.240.53-0.220.610.20.420.020.030.510.180.420.140.030.250.50.430.40.210.03-0.030.280.110.290.3
0.910.240.790.720.810.980.850.910.880.470.980.750.97-0.280.430.740.080.850.930.760.340.610.910.890.94
0.890.530.790.340.940.740.910.60.580.740.80.790.710.00.730.870.340.850.790.460.420.620.650.820.84
0.58-0.220.720.340.250.770.50.870.85-0.080.740.390.82-0.230.340.44-0.450.390.630.760.090.160.710.420.53
0.870.610.810.940.250.760.860.590.580.750.80.790.72-0.060.460.80.40.890.820.50.440.730.70.880.9
0.90.20.980.740.770.760.840.970.950.350.980.641.0-0.290.40.71-0.080.810.950.850.240.580.930.830.92
0.950.420.850.910.50.860.840.760.740.490.830.690.82-0.30.620.760.070.850.890.620.310.540.750.80.87
0.820.020.910.60.870.590.970.760.980.120.920.490.98-0.310.360.57-0.310.660.90.890.130.440.910.690.82
0.80.030.880.580.850.580.950.740.980.110.890.410.96-0.30.340.6-0.310.660.890.880.090.420.860.640.79
0.490.510.470.74-0.080.750.350.490.120.110.470.710.310.130.480.630.840.710.35-0.020.580.620.250.720.59
0.90.180.980.80.740.80.980.830.920.890.470.730.97-0.180.480.740.030.820.930.810.360.670.940.890.94
0.760.420.750.790.390.790.640.690.490.410.710.730.62-0.010.460.740.420.770.640.350.660.620.610.830.75
0.880.140.970.710.820.721.00.820.980.960.310.970.62-0.30.410.69-0.110.780.930.840.240.530.910.80.9
-0.240.03-0.280.0-0.23-0.06-0.29-0.3-0.31-0.30.13-0.18-0.01-0.30.20.090.1-0.24-0.29-0.230.02-0.02-0.23-0.19-0.23
0.510.250.430.730.340.460.40.620.360.340.480.480.460.410.20.640.120.380.370.250.180.220.310.360.38
0.840.50.740.870.440.80.710.760.570.60.630.740.740.690.090.640.260.750.670.470.280.50.570.660.7
0.040.430.080.34-0.450.4-0.080.07-0.31-0.310.840.030.42-0.110.10.120.260.41-0.08-0.450.480.32-0.180.370.2
0.880.40.850.850.390.890.810.850.660.660.710.820.770.78-0.240.380.750.410.810.440.480.630.660.930.91
0.930.210.930.790.630.820.950.890.90.890.350.930.640.93-0.290.370.67-0.080.810.820.320.630.920.840.94
0.690.030.760.460.760.50.850.620.890.88-0.020.810.350.84-0.230.250.47-0.450.440.820.10.580.930.530.7
0.31-0.030.340.420.090.440.240.310.130.090.580.360.660.240.020.180.280.480.480.320.10.630.310.580.47
0.580.280.610.620.160.730.580.540.440.420.620.670.620.53-0.020.220.50.320.630.630.580.630.710.760.76
0.810.110.910.650.710.70.930.750.910.860.250.940.610.91-0.230.310.57-0.180.660.920.930.310.710.780.88
0.840.290.890.820.420.880.830.80.690.640.720.890.830.8-0.190.360.660.370.930.840.530.580.760.780.96
0.910.30.940.840.530.90.920.870.820.790.590.940.750.9-0.230.380.70.20.910.940.70.470.760.880.96
Click cells to compare fundamentals

Focused Photonics Account Relationship Matchups

Focused Photonics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.4B10.3B10.3B9.7B11.2B5.8B
Other Current Liab714.6M967.5M977.5M88.4M101.7M96.6M
Total Current Liabilities3.2B3.9B4.1B3.7B4.3B4.5B
Total Stockholder Equity3.8B3.5B3.2B2.9B3.3B2.5B
Other Liab110.4M75.9M132.1M405.3M466.1M489.4M
Retained Earnings2.6B2.3B1.9B1.4B1.6B1.4B
Accounts Payable1.0B1.3B1.3B1.2B1.4B1.4B
Cash1.5B1.4B1.5B1.3B1.4B904.2M
Other Assets1.9B2.4B3.3B3.6B4.1B4.4B
Long Term Debt1.9B2.4B2.3B2.4B2.8B2.9B
Net Receivables1.4B1.3B1.1B904.9M1.0B1.3B
Inventory1.2B1.4B1.3B1.4B1.6B1.7B
Other Current Assets158.1M102.0M235.3M163.5M188.0M131.1M
Total Liab5.2B6.4B6.7B6.6B7.5B7.9B
Intangible Assets111.7M76.3M59.4M50.2M57.7M114.4M
Property Plant Equipment766.9M709.2M742.8M707.5M813.6M537.3M
Good Will461.5M368.7M293.8M226.0M203.4M405.4M
Net Tangible Assets2.6B3.2B3.1B2.9B3.3B2.8B
Other Stockholder Equity(149.7K)(189.8K)(6.2M)(2.0M)(1.8M)(1.9M)
Deferred Long Term Liab75.5M44.8M19.1M16.7M19.2M29.6M
Short Long Term Debt944.4M967.2M1.0B909.4M1.0B1.0B
Total Current Assets4.8B4.7B4.6B4.2B4.8B4.6B
Non Current Assets Total4.5B5.6B5.7B5.5B6.4B4.5B
Non Currrent Assets Other202.2M2.3B1.5B1.1B1.2B977.0M
Non Current Liabilities Total2.0B2.5B2.7B2.8B3.2B1.8B
Net Debt1.3B1.9B1.8B2.1B2.4B1.5B
Net Invested Capital6.6B6.8B6.5B6.2B7.2B6.6B
Net Working Capital1.6B822.3M516.4M449.1M404.2M384.0M
Property Plant And Equipment Net709.2M742.8M707.5M785.4M903.3M816.6M
Property Plant And Equipment Gross1.0B1.1B707.5M1.2B1.4B1.1B

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Other Information on Investing in Focused Stock

Balance Sheet is a snapshot of the financial position of Focused Photonics at a specified time, usually calculated after every quarter, six months, or one year. Focused Photonics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Focused Photonics 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 Focused currently owns. An asset can also be divided into two categories, current and non-current.