Franklin Property Plant And Equipment Gross vs Accounts Payable Analysis
FC Stock | USD 36.85 0.59 1.63% |
Franklin Covey financial indicator trend analysis is much more than just examining Franklin Covey latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Covey is a good investment. Please check the relationship between Franklin Covey Property Plant And Equipment Gross and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.
Property Plant And Equipment Gross vs Accounts Payable
Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Covey Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Franklin Covey's Property Plant And Equipment Gross and Accounts Payable is -0.16. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Franklin Covey, assuming nothing else is changed. The correlation between historical values of Franklin Covey's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Franklin Covey are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., Franklin Covey's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Gross
Accounts Payable
An accounting item on the balance sheet that represents Franklin Covey obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Franklin Covey are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Franklin Covey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Covey 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 Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.The current year's Tax Provision is expected to grow to about 10.1 M, whereas Selling General Administrative is forecasted to decline to about 121.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 201.9M | 213.5M | 131.4M | 133.1M | Total Revenue | 262.8M | 280.5M | 197.6M | 212.9M |
Franklin Covey fundamental ratios Correlations
Click cells to compare fundamentals
Franklin Covey Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franklin Covey fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 205.4M | 249.7M | 259.2M | 245.9M | 261.5M | 207.7M | |
Short Long Term Debt Total | 36.6M | 32.9M | 24.3M | 15.3M | 6.0M | 5.7M | |
Other Current Liab | 22.6M | 35.0M | 34.2M | 28.3M | 32.5M | 25.6M | |
Total Current Liabilities | 102.5M | 136.5M | 153.8M | 151.6M | 162.5M | 170.6M | |
Total Stockholder Equity | 59.5M | 79.9M | 82.8M | 78.7M | 83.1M | 118.0M | |
Property Plant And Equipment Net | 15.7M | 11.5M | 9.8M | 10.0M | 8.7M | 8.3M | |
Net Debt | 9.5M | (14.6M) | (36.3M) | (22.9M) | (42.6M) | (40.5M) | |
Retained Earnings | 50.0M | 63.6M | 82.0M | 99.8M | 123.2M | 129.4M | |
Accounts Payable | 5.6M | 6.9M | 10.9M | 6.5M | 7.9M | 10.5M | |
Cash | 27.1M | 47.4M | 60.5M | 38.2M | 48.7M | 51.1M | |
Non Current Assets Total | 103.8M | 112.9M | 103.3M | 100.9M | 101.3M | 120.5M | |
Non Currrent Assets Other | 15.6M | 15.2M | 12.7M | 17.5M | 22.7M | 13.7M | |
Cash And Short Term Investments | 27.1M | 47.4M | 60.5M | 38.2M | 48.7M | 51.1M | |
Net Receivables | 56.4M | 70.7M | 72.6M | 81.9M | 86.0M | 54.1M | |
Common Stock Shares Outstanding | 13.9M | 14.1M | 14.6M | 14.3M | 13.5M | 14.4M | |
Liabilities And Stockholders Equity | 205.4M | 249.7M | 259.2M | 245.9M | 261.5M | 207.7M | |
Non Current Liabilities Total | 43.5M | 33.3M | 22.5M | 15.6M | 16.0M | 31.0M | |
Inventory | 3.0M | 2.5M | 3.5M | 4.2M | 4.0M | 3.8M | |
Other Current Assets | 2.6M | 16.1M | 24.0M | 20.6M | 21.6M | 22.7M | |
Other Stockholder Equity | 7.5M | 14.2M | (18K) | (21.5M) | (40.7M) | (38.6M) | |
Total Liab | 146.0M | 169.8M | 176.3M | 167.3M | 178.4M | 123.4M | |
Property Plant And Equipment Gross | 15.7M | 70.8M | 67.2M | 70.9M | 68.6M | 40.5M | |
Total Current Assets | 101.7M | 136.7M | 155.9M | 145.0M | 160.3M | 87.2M | |
Accumulated Other Comprehensive Income | 641K | 709K | (542K) | (987K) | (768K) | (806.4K) | |
Short Term Debt | 7.6M | 8.7M | 9.0M | 9.4M | 3.9M | 7.1M | |
Intangible Assets | 47.1M | 50.1M | 44.8M | 40.5M | 37.8M | 73.7M | |
Other Liab | 13.9M | 9.1M | 7.3M | 9.4M | 10.8M | 11.4M | |
Other Assets | 15.5M | 20.1M | 17.4M | 19.1M | 22.0M | 15.5M | |
Long Term Debt | 29.0M | 13.0M | 7.3M | 1.5M | 775K | 736.3K | |
Treasury Stock | (195.0M) | (204.4M) | (200.7M) | (220.3M) | (198.2M) | (208.1M) | |
Property Plant Equipment | 15.7M | 11.5M | 9.8M | 10.0M | 9.0M | 8.6M | |
Current Deferred Revenue | 66.7M | 85.9M | 99.7M | 107.5M | 118.2M | 124.1M | |
Net Tangible Assets | (11.9M) | (1.5M) | 6.8M | 6.9M | 6.2M | 12.1M | |
Retained Earnings Total Equity | 59.4M | 50.0M | 63.6M | 82.0M | 94.3M | 54.2M | |
Long Term Debt Total | 29.0M | 13.0M | 15.2M | 6.0M | 5.4M | 5.1M | |
Capital Surpluse | 211.9M | 214.9M | 220.2M | 232.4M | 267.2M | 232.9M | |
Deferred Long Term Liab | 5.3M | 375K | 6.2M | 11.8M | 13.6M | 14.2M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Research & Consulting Services 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 Franklin Covey. If investors know Franklin 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 Franklin Covey listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.837 | Earnings Share 1.74 | Revenue Per Share 21.808 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0911 |
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey's 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 Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey's 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 Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey's 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.