FARO Long Term Investments vs Net Debt Analysis

FARO Stock

USD 26.40 0.51 1.90%

FARO Technologies financial indicator trend analysis is much more than just examining FARO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FARO Technologies is a good investment. Please check the relationship between FARO Technologies Long Term Investments and its Net Debt accounts. 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.

Long Term Investments vs Net Debt

Long Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FARO Technologies Long Term Investments account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between FARO Technologies' Long Term Investments and Net Debt is -0.64. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of FARO Technologies, assuming nothing else is changed. The correlation between historical values of FARO Technologies' Long Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of FARO Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Investments i.e., FARO Technologies' Long Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of FARO Technologies balance sheet that represents investments FARO Technologies intends to hold for over a year. FARO Technologies long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from FARO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Tax Provision is likely to drop about 4.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	183.9M	175.8M	165.0M	123.1M
Total Revenue	337.8M	345.8M	358.8M	224.1M

Gross Profit Total Revenue

FARO Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.12	0.87	0.76	0.93	0.86	-0.49	0.43	0.46	0.71	0.64	0.87	0.57	0.92	0.91	0.3	0.8	0.6	0.9	0.53	0.23	0.85	0.58	0.39	0.89	0.88
Short Long Term Debt Total	0.12		0.12	0.65	-0.14	0.15	0.62	-0.71	0.73	-0.13	0.69	-0.02	-0.25	0.15	0.22	0.97	-0.28	0.66	0.37	0.88	0.97	-0.14	0.62	0.73	0.46	0.47
Other Current Liab	0.87	0.12		0.73	0.78	0.82	-0.52	0.34	0.32	0.75	0.51	0.74	0.6	0.73	0.74	0.27	0.72	0.5	0.76	0.5	0.19	0.78	0.48	0.17	0.71	0.71
Total Current Liabilities	0.76	0.65	0.73		0.58	0.73	0.02	-0.12	0.81	0.4	0.94	0.66	0.19	0.71	0.74	0.79	0.47	0.87	0.83	0.93	0.7	0.48	0.85	0.76	0.83	0.83
Total Stockholder Equity	0.93	-0.14	0.78	0.58		0.74	-0.69	0.69	0.28	0.79	0.43	0.84	0.75	0.84	0.87	0.03	0.93	0.45	0.71	0.29	0.01	0.94	0.36	0.18	0.71	0.71
Property Plant And Equipment Net	0.86	0.15	0.82	0.73	0.74		-0.43	0.3	0.3	0.66	0.67	0.83	0.36	0.69	0.68	0.32	0.58	0.53	0.8	0.53	0.22	0.6	0.71	0.33	0.7	0.7
Net Debt	-0.49	0.62	-0.52	0.02	-0.69	-0.43		-0.87	0.44	-0.86	0.19	-0.5	-0.83	-0.26	-0.34	0.51	-0.66	0.26	-0.14	0.31	0.52	-0.72	0.12	0.51	-0.09	-0.08
Retained Earnings	0.43	-0.71	0.34	-0.12	0.69	0.3	-0.87		-0.37	0.63	-0.23	0.53	0.71	0.32	0.3	-0.6	0.7	-0.18	0.04	-0.41	-0.54	0.68	-0.21	-0.38	0.05	0.04
Accounts Payable	0.46	0.73	0.32	0.81	0.28	0.3	0.44	-0.37		-0.08	0.81	0.32	-0.12	0.61	0.59	0.81	0.22	0.91	0.66	0.85	0.77	0.2	0.66	0.89	0.7	0.71
Cash	0.71	-0.13	0.75	0.4	0.79	0.66	-0.86	0.63	-0.08		0.21	0.63	0.87	0.45	0.58	-0.02	0.65	0.1	0.44	0.18	-0.03	0.82	0.25	-0.17	0.43	0.43
Non Current Assets Total	0.64	0.69	0.51	0.94	0.43	0.67	0.19	-0.23	0.81	0.21		0.64	-0.08	0.6	0.59	0.83	0.28	0.85	0.76	0.92	0.73	0.24	0.95	0.89	0.74	0.75
Non Currrent Assets Other	0.87	-0.02	0.74	0.66	0.84	0.83	-0.5	0.53	0.32	0.63	0.64		0.39	0.75	0.69	0.19	0.73	0.5	0.71	0.42	0.11	0.66	0.61	0.41	0.66	0.66
Cash And Short Term Investments	0.57	-0.25	0.6	0.19	0.75	0.36	-0.83	0.71	-0.12	0.87	-0.08	0.39		0.41	0.59	-0.19	0.7	0.02	0.26	-0.03	-0.13	0.89	-0.12	-0.34	0.35	0.34
Net Receivables	0.92	0.15	0.73	0.71	0.84	0.69	-0.26	0.32	0.61	0.45	0.6	0.75	0.41		0.9	0.31	0.78	0.67	0.89	0.51	0.27	0.77	0.5	0.49	0.9	0.9
Common Stock Shares Outstanding	0.91	0.22	0.74	0.74	0.87	0.68	-0.34	0.3	0.59	0.58	0.59	0.69	0.59	0.9		0.36	0.78	0.68	0.87	0.56	0.34	0.85	0.44	0.42	0.92	0.92
Non Current Liabilities Total	0.3	0.97	0.27	0.79	0.03	0.32	0.51	-0.6	0.81	-0.02	0.83	0.19	-0.19	0.31	0.36		-0.11	0.76	0.52	0.96	0.97	-0.01	0.76	0.82	0.58	0.6
Inventory	0.8	-0.28	0.72	0.47	0.93	0.58	-0.66	0.7	0.22	0.65	0.28	0.73	0.7	0.78	0.78	-0.11		0.33	0.58	0.15	-0.14	0.89	0.19	0.08	0.58	0.57
Other Current Assets	0.6	0.66	0.5	0.87	0.45	0.53	0.26	-0.18	0.91	0.1	0.85	0.5	0.02	0.67	0.68	0.76	0.33		0.72	0.86	0.73	0.35	0.7	0.85	0.76	0.77
Other Stockholder Equity	0.9	0.37	0.76	0.83	0.71	0.8	-0.14	0.04	0.66	0.44	0.76	0.71	0.26	0.89	0.87	0.52	0.58	0.72		0.7	0.41	0.61	0.68	0.58	0.96	0.95
Total Liab	0.53	0.88	0.5	0.93	0.29	0.53	0.31	-0.41	0.85	0.18	0.92	0.42	-0.03	0.51	0.56	0.96	0.15	0.86	0.7		0.9	0.22	0.84	0.84	0.73	0.74
Property Plant And Equipment Gross	0.23	0.97	0.19	0.7	0.01	0.22	0.52	-0.54	0.77	-0.03	0.73	0.11	-0.13	0.27	0.34	0.97	-0.14	0.73	0.41	0.9		0.01	0.64	0.77	0.54	0.55
Total Current Assets	0.85	-0.14	0.78	0.48	0.94	0.6	-0.72	0.68	0.2	0.82	0.24	0.66	0.89	0.77	0.85	-0.01	0.89	0.35	0.61	0.22	0.01		0.16	0.0	0.67	0.66
Short Term Debt	0.58	0.62	0.48	0.85	0.36	0.71	0.12	-0.21	0.66	0.25	0.95	0.61	-0.12	0.5	0.44	0.76	0.19	0.7	0.68	0.84	0.64	0.16		0.78	0.61	0.62
Intangible Assets	0.39	0.73	0.17	0.76	0.18	0.33	0.51	-0.38	0.89	-0.17	0.89	0.41	-0.34	0.49	0.42	0.82	0.08	0.85	0.58	0.84	0.77	0.0	0.78		0.62	0.63
Common Stock Total Equity	0.89	0.46	0.71	0.83	0.71	0.7	-0.09	0.05	0.7	0.43	0.74	0.66	0.35	0.9	0.92	0.58	0.58	0.76	0.96	0.73	0.54	0.67	0.61	0.62		1.0
Common Stock	0.88	0.47	0.71	0.83	0.71	0.7	-0.08	0.04	0.71	0.43	0.75	0.66	0.34	0.9	0.92	0.6	0.57	0.77	0.95	0.74	0.55	0.66	0.62	0.63	1.0

Click cells to compare fundamentals

FARO Technologies Account Relationship Matchups

FARO Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	486.8M	525.6M	479.7M	473.3M	504.7M	293.7M
Short Long Term Debt Total	20.4M	28.0M	24.4M	20.4M	89.0M	93.5M
Other Current Liab	43.3M	39.6M	27.9M	24.4M	28.7M	18.4M
Total Current Liabilities	106.0M	107.9M	98.9M	106.2M	113.3M	118.9M
Total Stockholder Equity	332.0M	360.3M	326.5M	311.0M	268.6M	219.8M
Property Plant And Equipment Net	45.4M	49.2M	44.7M	38.7M	33.4M	19.6M
Net Debt	(113.3M)	(157.7M)	(97.6M)	(17.5M)	12.2M	12.9M
Retained Earnings	112.9M	113.5M	73.5M	46.8M	(9.8M)	(9.3M)
Accounts Payable	13.7M	14.1M	14.2M	27.3M	27.4M	28.8M
Cash	133.6M	185.6M	122.0M	37.8M	76.8M	65.5M
Non Current Assets Total	164.6M	201.7M	206.3M	254.0M	243.1M	255.2M
Non Currrent Assets Other	36.3M	34.2M	32.6M	34.9M	27.2M	19.3M
Cash And Short Term Investments	158.5M	185.6M	122.0M	37.8M	96.3M	96.9M
Net Receivables	76.2M	64.6M	78.5M	90.3M	92.0M	52.5M
Common Stock Shares Outstanding	17.4M	17.9M	18.2M	18.3M	18.9M	16.4M
Liabilities And Stockholders Equity	486.8M	525.6M	479.7M	473.3M	504.7M	293.7M
Non Current Liabilities Total	48.9M	57.3M	54.4M	56.1M	122.8M	129.0M
Inventory	58.6M	47.4M	53.1M	50.0M	34.5M	35.7M
Other Current Assets	29.0M	26.3M	19.8M	41.2M	38.8M	40.7M
Other Stockholder Equity	236.5M	256.9M	270.3M	297.6M	315.6M	158.7M
Total Liab	154.9M	165.3M	153.3M	162.3M	236.1M	247.9M
Property Plant And Equipment Gross	45.4M	49.2M	44.7M	38.7M	138.5M	145.4M
Total Current Assets	322.2M	323.9M	273.5M	219.4M	261.6M	201.2M
Accumulated Other Comprehensive Income	(17.4M)	(10.2M)	(17.4M)	(33.3M)	(37.2M)	(35.4M)
Short Term Debt	6.7M	11.7M	11.5M	11.4M	10.9M	11.4M
Intangible Assets	14.5M	13.3M	25.6M	49.0M	47.9M	50.3M
Other Liab	35.2M	35.2M	35.8M	41.4M	47.6M	50.0M
Other Assets	55.1M	107.7M	53.8M	59.1M	68.0M	34.3M
Short Term Investments	11.0M	24.8M	24.9M	0.0	19.5M	26.6M
Treasury Stock	(31.6M)	(31.4M)	(31.0M)	(30.8M)	(27.7M)	(26.3M)
Property Plant Equipment	27.0M	49.2M	44.7M	38.7M	44.5M	24.8M
Current Deferred Revenue	42.3M	42.0M	46.2M	43.1M	40.6M	23.9M
Good Will	49.7M	57.5M	82.1M	107.2M	109.5M	115.0M
Net Tangible Assets	332.0M	360.3M	218.7M	311.0M	357.7M	322.2M
Retained Earnings Total Equity	112.9M	113.5M	73.5M	46.8M	42.1M	40.0M
Capital Surpluse	267.9M	288.0M	301.1M	328.2M	377.5M	258.7M

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

0.72	ELSE	Electro Sensors	Pair Corr
0.64	WELX	Winland Holdings	Pair Corr

Moving against FARO Stock

0.71	ST	Sensata Technologies	Pair Corr
0.66	VPG	Vishay Precision	Pair Corr
0.57	SVREW	SaverOne 2014	Pair Corr
0.54	WATT	Energous	Pair Corr
0.31	KNW	Know Labs Fiscal Year End 17th of December 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In FARO

Details

Is FARO Stock a good investment?

Details

What is FARO Technologies' Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

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Largest Scientific & Technical Instruments Companies

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.

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FARO Long Term Investments vs Net Debt Analysis

Long Term Investments vs Net Debt

Long Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Long Term Investments

Net Debt

FARO Technologies fundamental ratios Correlations

FARO Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FARO Technologies fundamental ratios Accounts

Pair Trading with FARO Technologies

Moving together with FARO Stock

Moving against FARO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.97	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.97	Non Current Liabilities Total
Total Liab	+ 0.96	Non Current Liabilities Total
Common Stock Total Equity	+ 0.96	Other Stockholder Equity

Retained Earnings	- 0.87	Net Debt
Cash	- 0.86	Net Debt
Cash And Short Term Investments	- 0.83	Net Debt
Total Current Assets	- 0.72	Net Debt
Retained Earnings	- 0.71	Short Long Term Debt Total
Net Debt	- 0.69	Total Stockholder Equity