FARO Historical Balance Sheet

FARO Stock  USD 26.25  0.02  0.08%   
Trend analysis of FARO Technologies balance sheet accounts such as Other Current Liabilities of 18.4 M or Total Current Liabilities of 118.9 M provides information on FARO Technologies' total assets, liabilities, and equity, which is the actual value of FARO Technologies to its prevalent stockholders. By breaking down trends over time using FARO Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining FARO Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FARO Technologies is a good buy for the upcoming year.

FARO Technologies Inventory

35.72 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.

About FARO Balance Sheet Analysis

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

FARO Technologies Balance Sheet Chart

At this time, FARO Technologies' Non Current Liabilities Total is very stable compared to the past year. As of the 1st of December 2024, Inventory is likely to grow to about 35.7 M, while Total Assets are likely to drop about 293.7 M.

Total Assets

Total assets refers to the total amount of FARO Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in FARO Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on FARO Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FARO Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from FARO Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into FARO Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.At this time, FARO Technologies' Non Current Liabilities Total is very stable compared to the past year. As of the 1st of December 2024, Inventory is likely to grow to about 35.7 M, while Total Assets are likely to drop about 293.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total24.4M20.4M89.0M93.5M
Total Assets479.7M473.3M504.7M293.7M

FARO Technologies balance sheet Correlations

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0.120.120.65-0.140.150.62-0.710.73-0.130.69-0.02-0.250.150.220.97-0.280.660.370.880.97-0.140.620.730.460.47
0.870.120.730.780.82-0.520.340.320.750.510.740.60.730.740.270.720.50.760.50.190.780.480.170.710.71
0.760.650.730.580.730.02-0.120.810.40.940.660.190.710.740.790.470.870.830.930.70.480.850.760.830.83
0.93-0.140.780.580.74-0.690.690.280.790.430.840.750.840.870.030.930.450.710.290.010.940.360.180.710.71
0.860.150.820.730.74-0.430.30.30.660.670.830.360.690.680.320.580.530.80.530.220.60.710.330.70.7
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0.43-0.710.34-0.120.690.3-0.87-0.370.63-0.230.530.710.320.3-0.60.7-0.180.04-0.41-0.540.68-0.21-0.380.050.04
0.460.730.320.810.280.30.44-0.37-0.080.810.32-0.120.610.590.810.220.910.660.850.770.20.660.890.70.71
0.71-0.130.750.40.790.66-0.860.63-0.080.210.630.870.450.58-0.020.650.10.440.18-0.030.820.25-0.170.430.43
0.640.690.510.940.430.670.19-0.230.810.210.64-0.080.60.590.830.280.850.760.920.730.240.950.890.740.75
0.87-0.020.740.660.840.83-0.50.530.320.630.640.390.750.690.190.730.50.710.420.110.660.610.410.660.66
0.57-0.250.60.190.750.36-0.830.71-0.120.87-0.080.390.410.59-0.190.70.020.26-0.03-0.130.89-0.12-0.340.350.34
0.920.150.730.710.840.69-0.260.320.610.450.60.750.410.90.310.780.670.890.510.270.770.50.490.90.9
0.910.220.740.740.870.68-0.340.30.590.580.590.690.590.90.360.780.680.870.560.340.850.440.420.920.92
0.30.970.270.790.030.320.51-0.60.81-0.020.830.19-0.190.310.36-0.110.760.520.960.97-0.010.760.820.580.6
0.8-0.280.720.470.930.58-0.660.70.220.650.280.730.70.780.78-0.110.330.580.15-0.140.890.190.080.580.57
0.60.660.50.870.450.530.26-0.180.910.10.850.50.020.670.680.760.330.720.860.730.350.70.850.760.77
0.90.370.760.830.710.8-0.140.040.660.440.760.710.260.890.870.520.580.720.70.410.610.680.580.960.95
0.530.880.50.930.290.530.31-0.410.850.180.920.42-0.030.510.560.960.150.860.70.90.220.840.840.730.74
0.230.970.190.70.010.220.52-0.540.77-0.030.730.11-0.130.270.340.97-0.140.730.410.90.010.640.770.540.55
0.85-0.140.780.480.940.6-0.720.680.20.820.240.660.890.770.85-0.010.890.350.610.220.010.160.00.670.66
0.580.620.480.850.360.710.12-0.210.660.250.950.61-0.120.50.440.760.190.70.680.840.640.160.780.610.62
0.390.730.170.760.180.330.51-0.380.89-0.170.890.41-0.340.490.420.820.080.850.580.840.770.00.780.620.63
0.890.460.710.830.710.7-0.090.050.70.430.740.660.350.90.920.580.580.760.960.730.540.670.610.621.0
0.880.470.710.830.710.7-0.080.040.710.430.750.660.340.90.920.60.570.770.950.740.550.660.620.631.0
Click cells to compare fundamentals

FARO Technologies Account Relationship Matchups

FARO Technologies balance sheet Accounts

201920202021202220232024 (projected)
Total Assets486.8M525.6M479.7M473.3M504.7M293.7M
Short Long Term Debt Total20.4M28.0M24.4M20.4M89.0M93.5M
Other Current Liab43.3M39.6M27.9M24.4M28.7M18.4M
Total Current Liabilities106.0M107.9M98.9M106.2M113.3M118.9M
Total Stockholder Equity332.0M360.3M326.5M311.0M268.6M219.8M
Property Plant And Equipment Net45.4M49.2M44.7M38.7M33.4M19.6M
Net Debt(113.3M)(157.7M)(97.6M)(17.5M)12.2M12.9M
Retained Earnings112.9M113.5M73.5M46.8M(9.8M)(9.3M)
Accounts Payable13.7M14.1M14.2M27.3M27.4M28.8M
Cash133.6M185.6M122.0M37.8M76.8M65.5M
Non Current Assets Total164.6M201.7M206.3M254.0M243.1M255.2M
Non Currrent Assets Other36.3M34.2M32.6M34.9M27.2M19.3M
Cash And Short Term Investments158.5M185.6M122.0M37.8M96.3M96.9M
Net Receivables76.2M64.6M78.5M90.3M92.0M52.5M
Common Stock Shares Outstanding17.4M17.9M18.2M18.3M18.9M16.4M
Liabilities And Stockholders Equity486.8M525.6M479.7M473.3M504.7M293.7M
Non Current Liabilities Total48.9M57.3M54.4M56.1M122.8M129.0M
Inventory58.6M47.4M53.1M50.0M34.5M35.7M
Other Current Assets29.0M26.3M19.8M41.2M38.8M40.7M
Other Stockholder Equity236.5M256.9M270.3M297.6M315.6M158.7M
Total Liab154.9M165.3M153.3M162.3M236.1M247.9M
Property Plant And Equipment Gross45.4M49.2M44.7M38.7M138.5M145.4M
Total Current Assets322.2M323.9M273.5M219.4M261.6M201.2M
Accumulated Other Comprehensive Income(17.4M)(10.2M)(17.4M)(33.3M)(37.2M)(35.4M)
Short Term Debt6.7M11.7M11.5M11.4M10.9M11.4M
Intangible Assets14.5M13.3M25.6M49.0M47.9M50.3M
Other Liab35.2M35.2M35.8M41.4M47.6M50.0M
Other Assets55.1M107.7M53.8M59.1M68.0M34.3M
Short Term Investments11.0M24.8M24.9M0.019.5M26.6M
Treasury Stock(31.6M)(31.4M)(31.0M)(30.8M)(27.7M)(26.3M)
Property Plant Equipment27.0M49.2M44.7M38.7M44.5M24.8M
Current Deferred Revenue42.3M42.0M46.2M43.1M40.6M23.9M
Good Will49.7M57.5M82.1M107.2M109.5M115.0M
Net Tangible Assets332.0M360.3M218.7M311.0M357.7M322.2M
Retained Earnings Total Equity112.9M113.5M73.5M46.8M42.1M40.0M
Capital Surpluse267.9M288.0M301.1M328.2M377.5M258.7M

Pair Trading with FARO Technologies

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 FARO Technologies 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 FARO Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with FARO Stock

  0.76ELSE Electro SensorsPairCorr
  0.71WELX Winland HoldingsPairCorr

Moving against FARO Stock

  0.75ST Sensata TechnologiesPairCorr
  0.69VPG Vishay PrecisionPairCorr
  0.59WATT EnergousPairCorr
  0.33FCUV Focus UniversalPairCorr
The ability to find closely correlated positions to FARO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FARO Technologies 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 FARO Technologies - 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 FARO Technologies to buy it.
The correlation of FARO Technologies 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 FARO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FARO Technologies 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 FARO Technologies 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
When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 FARO Technologies. If investors know FARO 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 FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
18.152
Quarterly Revenue Growth
(0.05)
Return On Assets
0.013
Return On Equity
(0.03)
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' 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 FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' 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 FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' 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.