Fibocom Common Stock vs Cash Analysis

300638 Stock

16.52 0.09 0.54%

Fibocom Wireless financial indicator trend analysis is much more than just examining Fibocom Wireless latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fibocom Wireless is a good investment. Please check the relationship between Fibocom Wireless Common Stock and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fibocom Wireless. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Cash

Common Stock vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fibocom Wireless Common Stock account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Fibocom Wireless' Common Stock and Cash is 0.85. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash in the same time period over historical financial statements of Fibocom Wireless, assuming nothing else is changed. The correlation between historical values of Fibocom Wireless' Common Stock and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Fibocom Wireless are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock i.e., Fibocom Wireless' Common Stock and Cash go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Common Stock

Cash

Cash refers to the most liquid asset of Fibocom Wireless, which is listed under current asset account on Fibocom Wireless balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fibocom Wireless customers. The amounts must be unrestricted with restricted cash listed in a different Fibocom Wireless account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Fibocom Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fibocom Wireless 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 Fibocom Wireless. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 61 M. The current year's Selling General Administrative is expected to grow to about 328.5 M

	2021	2022	2023	2024 (projected)
Gross Profit	990.2M	1.1B	1.8B	1.9B
Total Revenue	4.1B	5.6B	7.7B	8.1B

Gross Profit Total Revenue

Fibocom Wireless fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Good Will
Total Assets		0.54	1.0	0.99	0.91	0.87	1.0	0.92	0.89	1.0	0.8	0.99	0.9	0.9	0.99	0.85	0.96	0.99	0.98	0.78	1.0	0.57	0.99	0.99	0.99	0.89
Other Current Liab	0.54		0.59	0.51	0.29	0.71	0.5	0.69	0.54	0.54	-0.01	0.58	0.79	0.38	0.55	0.06	0.49	0.56	0.62	0.9	0.55	0.41	0.55	0.51	0.5	0.24
Total Current Liabilities	1.0	0.59		0.98	0.91	0.87	0.99	0.93	0.88	1.0	0.76	0.99	0.92	0.9	1.0	0.82	0.96	1.0	0.99	0.81	1.0	0.57	0.99	0.99	0.99	0.88
Total Stockholder Equity	0.99	0.51	0.98		0.87	0.89	0.99	0.91	0.9	0.98	0.84	0.99	0.88	0.85	0.98	0.85	0.92	0.97	0.97	0.72	0.99	0.6	0.97	0.97	0.97	0.84
Other Liab	0.91	0.29	0.91	0.87		0.63	0.92	0.78	0.76	0.92	0.8	0.88	0.75	0.99	0.91	0.88	0.95	0.93	0.87	0.63	0.91	0.39	0.93	0.94	0.95	1.0
Net Tangible Assets	0.87	0.71	0.87	0.89	0.63		0.84	0.95	0.94	0.84	0.6	0.89	0.93	0.64	0.85	0.58	0.73	0.84	0.87	0.78	0.87	0.65	0.84	0.82	0.8	0.58
Retained Earnings	1.0	0.5	0.99	0.99	0.92	0.84		0.9	0.86	1.0	0.83	0.99	0.88	0.89	1.0	0.88	0.96	0.99	0.99	0.74	0.99	0.55	0.99	1.0	0.99	0.89
Accounts Payable	0.92	0.69	0.93	0.91	0.78	0.95	0.9		0.94	0.91	0.6	0.91	0.96	0.8	0.91	0.65	0.84	0.92	0.91	0.83	0.92	0.58	0.92	0.9	0.89	0.74
Cash	0.89	0.54	0.88	0.9	0.76	0.94	0.86	0.94		0.86	0.69	0.89	0.9	0.77	0.85	0.66	0.77	0.87	0.85	0.72	0.9	0.63	0.87	0.85	0.84	0.73
Non Current Assets Total	1.0	0.54	1.0	0.98	0.92	0.84	1.0	0.91	0.86		0.79	0.98	0.89	0.91	1.0	0.86	0.97	0.99	0.98	0.76	0.99	0.52	1.0	1.0	0.99	0.9
Non Currrent Assets Other	0.8	-0.01	0.76	0.84	0.8	0.6	0.83	0.6	0.69	0.79		0.8	0.55	0.71	0.79	0.97	0.77	0.76	0.76	0.29	0.8	0.43	0.75	0.8	0.8	0.79
Other Assets	0.99	0.58	0.99	0.99	0.88	0.89	0.99	0.91	0.89	0.98	0.8		0.92	0.87	0.99	0.83	0.95	0.98	0.99	0.79	0.99	0.57	0.97	0.98	0.98	0.85
Net Receivables	0.9	0.79	0.92	0.88	0.75	0.93	0.88	0.96	0.9	0.89	0.55	0.92		0.78	0.89	0.6	0.86	0.91	0.92	0.93	0.9	0.61	0.89	0.88	0.88	0.71
Non Current Liabilities Total	0.9	0.38	0.9	0.85	0.99	0.64	0.89	0.8	0.77	0.91	0.71	0.87	0.78		0.9	0.79	0.94	0.93	0.85	0.71	0.9	0.38	0.93	0.93	0.94	0.98
Inventory	0.99	0.55	1.0	0.98	0.91	0.85	1.0	0.91	0.85	1.0	0.79	0.99	0.89	0.9		0.86	0.97	0.99	0.99	0.77	0.99	0.53	0.99	1.0	0.99	0.88
Other Current Assets	0.85	0.06	0.82	0.85	0.88	0.58	0.88	0.65	0.66	0.86	0.97	0.83	0.6	0.79	0.86		0.87	0.83	0.82	0.39	0.84	0.4	0.82	0.87	0.87	0.87
Other Stockholder Equity	0.96	0.49	0.96	0.92	0.95	0.73	0.96	0.84	0.77	0.97	0.77	0.95	0.86	0.94	0.97	0.87		0.97	0.96	0.77	0.95	0.43	0.96	0.98	0.99	0.93
Total Liab	0.99	0.56	1.0	0.97	0.93	0.84	0.99	0.92	0.87	0.99	0.76	0.98	0.91	0.93	0.99	0.83	0.97		0.98	0.8	0.99	0.55	1.0	1.0	0.99	0.91
Deferred Long Term Liab	0.98	0.62	0.99	0.97	0.87	0.87	0.99	0.91	0.85	0.98	0.76	0.99	0.92	0.85	0.99	0.82	0.96	0.98		0.81	0.98	0.54	0.97	0.98	0.98	0.83
Short Long Term Debt	0.78	0.9	0.81	0.72	0.63	0.78	0.74	0.83	0.72	0.76	0.29	0.79	0.93	0.71	0.77	0.39	0.77	0.8	0.81		0.78	0.56	0.78	0.77	0.76	0.59
Total Current Assets	1.0	0.55	1.0	0.99	0.91	0.87	0.99	0.92	0.9	0.99	0.8	0.99	0.9	0.9	0.99	0.84	0.95	0.99	0.98	0.78		0.58	0.99	0.99	0.99	0.88
Short Term Debt	0.57	0.41	0.57	0.6	0.39	0.65	0.55	0.58	0.63	0.52	0.43	0.57	0.61	0.38	0.53	0.4	0.43	0.55	0.54	0.56	0.58		0.51	0.53	0.5	0.35
Intangible Assets	0.99	0.55	0.99	0.97	0.93	0.84	0.99	0.92	0.87	1.0	0.75	0.97	0.89	0.93	0.99	0.82	0.96	1.0	0.97	0.78	0.99	0.51		0.99	0.99	0.91
Common Stock	0.99	0.51	0.99	0.97	0.94	0.82	1.0	0.9	0.85	1.0	0.8	0.98	0.88	0.93	1.0	0.87	0.98	1.0	0.98	0.77	0.99	0.53	0.99		1.0	0.92
Property Plant Equipment	0.99	0.5	0.99	0.97	0.95	0.8	0.99	0.89	0.84	0.99	0.8	0.98	0.88	0.94	0.99	0.87	0.99	0.99	0.98	0.76	0.99	0.5	0.99	1.0		0.93
Good Will	0.89	0.24	0.88	0.84	1.0	0.58	0.89	0.74	0.73	0.9	0.79	0.85	0.71	0.98	0.88	0.87	0.93	0.91	0.83	0.59	0.88	0.35	0.91	0.92	0.93

Click cells to compare fundamentals

Fibocom Wireless Account Relationship Matchups

High Positive Relationship

Total Current Liabilities	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Current Liabilities

High Negative Relationship

Non Currrent Assets Other

- 0.01

Other Current Liab

Fibocom Wireless fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.9B	4.2B	6.4B	7.1B	7.5B
Other Current Liab	51.4M	119.8M	339.3M	331.9M	40.1M	38.1M
Total Current Liabilities	747.7M	1.4B	2.2B	3.2B	3.3B	3.5B
Total Stockholder Equity	1.3B	1.6B	2.0B	2.4B	3.1B	3.3B
Other Liab	3.1M	5.5M	13.9M	143.6M	165.2M	173.4M
Net Tangible Assets	1.2B	1.4B	1.8B	1.7B	2.0B	1.1B
Retained Earnings	333.9M	563.9M	892.7M	1.2B	1.5B	1.6B
Accounts Payable	536.1M	1.1B	1.2B	1.9B	1.9B	987.6M
Cash	650.3M	505.4M	482.4M	863.8M	1.0B	549.1M
Non Current Assets Total	201.4M	642.3M	920.8M	1.4B	1.6B	1.7B
Non Currrent Assets Other	43.4M	14.2M	17.9M	8.1M	113.2M	118.8M
Other Assets	94.2M	88.3M	186.9M	225.1M	258.8M	271.8M
Net Receivables	691.5M	651.2M	1.8B	2.2B	1.9B	1.1B
Non Current Liabilities Total	3.1M	5.5M	43.8M	770.8M	651.7M	684.2M
Inventory	177.5M	513.5M	807.0M	1.1B	1.3B	1.3B
Other Current Assets	40.1M	57.8M	152.1M	124.9M	775.0M	813.7M
Other Stockholder Equity	(1.8M)	827.5K	21.7M	34.3M	39.4M	41.4M
Total Liab	750.8M	1.4B	2.3B	4.0B	4.0B	4.2B
Deferred Long Term Liab	25.1M	44.9M	115.9M	120.4M	138.5M	145.4M
Short Long Term Debt	91.5M	75M	497.5M	688.6M	274.1M	257.2M
Total Current Assets	1.9B	2.3B	3.3B	5.0B	5.5B	5.8B
Intangible Assets	54.4M	175.4M	221.7M	442.6M	434.3M	456.1M
Common Stock	134.2M	241.9M	414.2M	631.7M	726.5M	762.8M
Property Plant Equipment	33.4M	80.3M	170.1M	279.0M	320.9M	336.9M
Common Stock Shares Outstanding	410.7M	411.3M	414.2M	631.7M	765.8M	529.9M
Net Invested Capital	1.4B	1.6B	2.5B	3.7B	3.8B	2.2B
Net Working Capital	1.1B	925.3M	1.1B	1.8B	2.2B	1.2B
Capital Stock	134.2M	241.9M	414.2M	631.7M	765.8M	423.3M

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Other Information on Investing in Fibocom Stock

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

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