Fibocom Short Term Debt vs Net Receivables 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 Short Term Debt and its Net Receivables 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.

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fibocom Wireless Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fibocom Wireless' Short Term Debt and Net Receivables is 0.61. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables 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' Short Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Fibocom Wireless are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., Fibocom Wireless' Short Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Net Receivables

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 Profit990.2M1.1B1.8B1.9B
Total Revenue4.1B5.6B7.7B8.1B

Fibocom Wireless fundamental ratios Correlations

0.541.00.990.910.871.00.920.891.00.80.990.90.90.990.850.960.990.980.781.00.570.990.990.990.89
0.540.590.510.290.710.50.690.540.54-0.010.580.790.380.550.060.490.560.620.90.550.410.550.510.50.24
1.00.590.980.910.870.990.930.881.00.760.990.920.91.00.820.961.00.990.811.00.570.990.990.990.88
0.990.510.980.870.890.990.910.90.980.840.990.880.850.980.850.920.970.970.720.990.60.970.970.970.84
0.910.290.910.870.630.920.780.760.920.80.880.750.990.910.880.950.930.870.630.910.390.930.940.951.0
0.870.710.870.890.630.840.950.940.840.60.890.930.640.850.580.730.840.870.780.870.650.840.820.80.58
1.00.50.990.990.920.840.90.861.00.830.990.880.891.00.880.960.990.990.740.990.550.991.00.990.89
0.920.690.930.910.780.950.90.940.910.60.910.960.80.910.650.840.920.910.830.920.580.920.90.890.74
0.890.540.880.90.760.940.860.940.860.690.890.90.770.850.660.770.870.850.720.90.630.870.850.840.73
1.00.541.00.980.920.841.00.910.860.790.980.890.911.00.860.970.990.980.760.990.521.01.00.990.9
0.8-0.010.760.840.80.60.830.60.690.790.80.550.710.790.970.770.760.760.290.80.430.750.80.80.79
0.990.580.990.990.880.890.990.910.890.980.80.920.870.990.830.950.980.990.790.990.570.970.980.980.85
0.90.790.920.880.750.930.880.960.90.890.550.920.780.890.60.860.910.920.930.90.610.890.880.880.71
0.90.380.90.850.990.640.890.80.770.910.710.870.780.90.790.940.930.850.710.90.380.930.930.940.98
0.990.551.00.980.910.851.00.910.851.00.790.990.890.90.860.970.990.990.770.990.530.991.00.990.88
0.850.060.820.850.880.580.880.650.660.860.970.830.60.790.860.870.830.820.390.840.40.820.870.870.87
0.960.490.960.920.950.730.960.840.770.970.770.950.860.940.970.870.970.960.770.950.430.960.980.990.93
0.990.561.00.970.930.840.990.920.870.990.760.980.910.930.990.830.970.980.80.990.551.01.00.990.91
0.980.620.990.970.870.870.990.910.850.980.760.990.920.850.990.820.960.980.810.980.540.970.980.980.83
0.780.90.810.720.630.780.740.830.720.760.290.790.930.710.770.390.770.80.810.780.560.780.770.760.59
1.00.551.00.990.910.870.990.920.90.990.80.990.90.90.990.840.950.990.980.780.580.990.990.990.88
0.570.410.570.60.390.650.550.580.630.520.430.570.610.380.530.40.430.550.540.560.580.510.530.50.35
0.990.550.990.970.930.840.990.920.871.00.750.970.890.930.990.820.961.00.970.780.990.510.990.990.91
0.990.510.990.970.940.821.00.90.851.00.80.980.880.931.00.870.981.00.980.770.990.530.991.00.92
0.990.50.990.970.950.80.990.890.840.990.80.980.880.940.990.870.990.990.980.760.990.50.991.00.93
0.890.240.880.841.00.580.890.740.730.90.790.850.710.980.880.870.930.910.830.590.880.350.910.920.93
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Fibocom Wireless Account Relationship Matchups

Fibocom Wireless fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.9B4.2B6.4B7.1B7.5B
Other Current Liab51.4M119.8M339.3M331.9M40.1M38.1M
Total Current Liabilities747.7M1.4B2.2B3.2B3.3B3.5B
Total Stockholder Equity1.3B1.6B2.0B2.4B3.1B3.3B
Other Liab3.1M5.5M13.9M143.6M165.2M173.4M
Net Tangible Assets1.2B1.4B1.8B1.7B2.0B1.1B
Retained Earnings333.9M563.9M892.7M1.2B1.5B1.6B
Accounts Payable536.1M1.1B1.2B1.9B1.9B987.6M
Cash650.3M505.4M482.4M863.8M1.0B549.1M
Non Current Assets Total201.4M642.3M920.8M1.4B1.6B1.7B
Non Currrent Assets Other43.4M14.2M17.9M8.1M113.2M118.8M
Other Assets94.2M88.3M186.9M225.1M258.8M271.8M
Net Receivables691.5M651.2M1.8B2.2B1.9B1.1B
Non Current Liabilities Total3.1M5.5M43.8M770.8M651.7M684.2M
Inventory177.5M513.5M807.0M1.1B1.3B1.3B
Other Current Assets40.1M57.8M152.1M124.9M775.0M813.7M
Other Stockholder Equity(1.8M)827.5K21.7M34.3M39.4M41.4M
Total Liab750.8M1.4B2.3B4.0B4.0B4.2B
Deferred Long Term Liab25.1M44.9M115.9M120.4M138.5M145.4M
Short Long Term Debt91.5M75M497.5M688.6M274.1M257.2M
Total Current Assets1.9B2.3B3.3B5.0B5.5B5.8B
Intangible Assets54.4M175.4M221.7M442.6M434.3M456.1M
Common Stock134.2M241.9M414.2M631.7M726.5M762.8M
Property Plant Equipment33.4M80.3M170.1M279.0M320.9M336.9M
Common Stock Shares Outstanding410.7M411.3M414.2M631.7M765.8M529.9M
Net Invested Capital1.4B1.6B2.5B3.7B3.8B2.2B
Net Working Capital1.1B925.3M1.1B1.8B2.2B1.2B
Capital Stock134.2M241.9M414.2M631.7M765.8M423.3M

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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.