Fab Reconciled Depreciation vs Interest Expense Analysis

FBF Stock  CAD 1.47  0.06  4.26%   
Fab Form financial indicator trend analysis is much more than just examining Fab Form Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fab Form Industries is a good investment. Please check the relationship between Fab Form Reconciled Depreciation and its Interest Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fab Form Industries. 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.

Reconciled Depreciation vs Interest Expense

Reconciled Depreciation vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fab Form Industries Reconciled Depreciation account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fab Form's Reconciled Depreciation and Interest Expense is -0.12. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Fab Form Industries, assuming nothing else is changed. The correlation between historical values of Fab Form's Reconciled Depreciation and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Fab Form Industries are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Reconciled Depreciation i.e., Fab Form's Reconciled Depreciation and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Fab Form's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fab Form Industries 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 Fab Form Industries. 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.
At this time, Fab Form's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 15.6 M in 2024, whereas Tax Provision is likely to drop slightly above 208.5 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6M2.3M1.7M1.8M
Total Revenue4.4M6.1M4.7M4.9M

Fab Form fundamental ratios Correlations

0.310.731.00.84-0.540.990.060.80.930.431.00.90.42-0.750.811.00.930.860.50.880.850.310.80.840.97
0.310.770.280.12-0.030.30.170.10.180.040.310.350.230.150.490.330.320.21-0.030.240.320.050.310.040.2
0.730.770.70.55-0.440.70.470.590.610.10.710.670.48-0.360.820.740.670.60.240.690.690.080.550.480.66
1.00.280.70.81-0.521.00.040.770.920.460.990.90.4-0.750.761.00.940.830.460.870.840.340.820.840.96
0.840.120.550.81-0.710.790.070.930.960.30.820.70.39-0.750.90.810.630.970.870.850.750.120.490.790.89
-0.54-0.03-0.44-0.52-0.71-0.47-0.48-0.91-0.59-0.03-0.49-0.64-0.410.79-0.65-0.53-0.38-0.66-0.6-0.85-0.710.13-0.08-0.68-0.72
0.990.30.71.00.79-0.470.010.740.910.530.990.880.33-0.740.740.990.950.810.430.840.80.420.860.820.94
0.060.170.470.040.07-0.480.010.29-0.01-0.340.020.110.29-0.220.270.070.070.03-0.070.290.2-0.28-0.160.090.13
0.80.10.590.770.93-0.910.740.290.860.170.760.760.47-0.830.850.780.60.90.750.940.830.010.370.810.91
0.930.180.610.920.96-0.590.91-0.010.860.480.930.760.31-0.770.860.910.80.940.740.840.760.320.690.820.93
0.430.040.10.460.3-0.030.53-0.340.170.480.470.28-0.58-0.480.130.420.590.240.110.210.130.950.660.330.37
1.00.310.710.990.82-0.490.990.020.760.930.470.880.4-0.730.790.990.940.840.490.850.820.340.830.840.95
0.90.350.670.90.7-0.640.880.110.760.760.280.880.53-0.730.70.910.850.750.390.910.90.130.620.830.92
0.420.230.480.40.39-0.410.330.290.470.31-0.580.40.53-0.160.520.430.230.480.330.530.6-0.670.110.510.46
-0.750.15-0.36-0.75-0.750.79-0.74-0.22-0.83-0.77-0.48-0.73-0.73-0.16-0.55-0.73-0.72-0.71-0.51-0.81-0.74-0.34-0.49-0.84-0.84
0.810.490.820.760.9-0.650.740.270.850.860.130.790.70.52-0.550.790.610.910.750.820.76-0.010.460.660.81
1.00.330.741.00.81-0.530.990.070.780.910.420.990.910.43-0.730.790.930.840.460.880.850.310.810.840.96
0.930.320.670.940.63-0.380.950.070.60.80.590.940.850.23-0.720.610.930.670.250.740.750.510.880.760.85
0.860.210.60.830.97-0.660.810.030.90.940.240.840.750.48-0.710.910.840.670.830.850.830.080.520.780.89
0.5-0.030.240.460.87-0.60.43-0.070.750.740.110.490.390.33-0.510.750.460.250.830.590.48-0.110.140.580.59
0.880.240.690.870.85-0.850.840.290.940.840.210.850.910.53-0.810.820.880.740.850.590.890.040.50.850.96
0.850.320.690.840.75-0.710.80.20.830.760.130.820.90.6-0.740.760.850.750.830.480.890.00.510.80.89
0.310.050.080.340.120.130.42-0.280.010.320.950.340.13-0.67-0.34-0.010.310.510.08-0.110.040.00.640.160.21
0.80.310.550.820.49-0.080.86-0.160.370.690.660.830.620.11-0.490.460.810.880.520.140.50.510.640.670.67
0.840.040.480.840.79-0.680.820.090.810.820.330.840.830.51-0.840.660.840.760.780.580.850.80.160.670.9
0.970.20.660.960.89-0.720.940.130.910.930.370.950.920.46-0.840.810.960.850.890.590.960.890.210.670.9
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Fab Form Account Relationship Matchups

Fab Form fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M2.7M3.4M4.8M6.1M6.4M
Other Current Liab26.8K105.5K67.2K156.7K180.2K189.2K
Total Current Liabilities299.3K429.4K253.8K354.5K531.6K558.1K
Total Stockholder Equity1.6M1.8M2.7M4.1M5.4M5.6M
Property Plant And Equipment Net228.7K589.2K593.7K492.3K470.0K493.5K
Net Debt(724.3K)(779.6K)(987.2K)(413.5K)(372.2K)(353.5K)
Retained Earnings468.1K688.3K1.5M2.7M4.0M4.2M
Accounts Payable176.1K229.7K46.6K51.3K98.1K109.0K
Cash878.2K1.3M1.5M831.9K1.0M1.1M
Non Current Assets Total242.5K604.8K625.0K646.7K725.0K761.2K
Non Currrent Assets Other9.4K11.5K27.3K65.4K58.9K62.1K
Cash And Short Term Investments878.2K1.3M1.5M2.9M3.3M3.4M
Net Receivables252.8K159.5K406.8K497.9K474.9K498.6K
Liabilities And Stockholders Equity1.9M2.7M3.4M4.8M5.5M5.7M
Total Liab356.7K855.3K672.1K659.8K703.3K738.4K
Total Current Assets1.7M2.1M2.8M4.1M5.3M5.6M
Other Current Assets44.3K53.5K41.9K110.2K126.7K133.0K
Non Current Liabilities Total57.4K425.9K418.4K305.4K171.7K127.0K
Inventory527.9K547.0K801.4K654.3K700.3K735.3K
Intangible Assets4.4K4.1K4.0K88.9K173.7K182.4K
Net Tangible Assets1.2M1.6M1.8M2.7M3.1M3.3M
Other Assets6.8K9.4K11.5K27.3K31.4K33.0K
Deferred Long Term Liab6.8K9.4K11.5K27.3K31.4K33.0K
Property Plant Equipment60.7K228.7K589.2K593.7K682.8K716.9K
Net Invested Capital1.6M1.8M2.7M4.1M5.4M2.7M
Net Working Capital1.4M1.6M2.5M3.8M4.8M2.5M

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Additional Tools for Fab Stock Analysis

When running Fab Form's price analysis, check to measure Fab Form's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fab Form is operating at the current time. Most of Fab Form's value examination focuses on studying past and present price action to predict the probability of Fab Form's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fab Form's price. Additionally, you may evaluate how the addition of Fab Form to your portfolios can decrease your overall portfolio volatility.