Franklin Net Debt vs Total Stockholder Equity Analysis

FELE Stock  USD 106.64  1.81  1.73%   
Franklin Electric financial indicator trend analysis is much more than just examining Franklin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Electric is a good investment. Please check the relationship between Franklin Electric Net Debt and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Electric Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Franklin Electric's Net Debt and Total Stockholder Equity is 0.33. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Franklin Electric Co, assuming nothing else is changed. The correlation between historical values of Franklin Electric's Net Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Franklin Electric Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Franklin Electric's Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Franklin Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Electric 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 Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Enterprise Value is expected to grow to about 3 B, whereas Selling General Administrative is forecasted to decline to about 412.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit576.1M691.4M697.0M731.9M
Total Revenue1.7B2.0B2.1B2.2B

Franklin Electric fundamental ratios Correlations

0.50.630.880.980.980.430.980.940.030.99-0.440.030.97-0.510.270.960.590.850.670.740.990.470.610.60.62
0.5-0.010.590.350.50.810.350.350.130.53-0.070.130.490.240.670.40.810.390.89-0.070.460.730.710.720.68
0.63-0.010.650.690.540.070.70.76-0.130.58-0.44-0.130.58-0.46-0.280.73-0.020.610.230.490.670.23-0.040.040.11
0.880.590.650.840.810.690.850.91-0.280.86-0.5-0.280.89-0.350.070.930.560.720.710.470.890.780.470.520.47
0.980.350.690.840.960.331.00.94-0.020.96-0.47-0.010.96-0.590.130.970.470.870.550.820.990.390.530.530.53
0.980.50.540.810.960.380.950.880.120.98-0.40.120.95-0.470.360.890.640.820.670.730.960.390.70.70.66
0.430.810.070.690.330.380.350.42-0.470.44-0.16-0.470.520.130.210.480.640.30.69-0.070.410.90.480.540.36
0.980.350.70.851.00.950.350.94-0.060.95-0.48-0.060.97-0.590.090.970.450.880.540.80.980.420.510.530.52
0.940.350.760.910.940.880.420.94-0.170.93-0.48-0.170.91-0.540.060.960.440.80.570.730.940.470.430.410.47
0.030.13-0.13-0.28-0.020.12-0.47-0.06-0.170.050.161.0-0.140.130.65-0.210.150.090.180.030.0-0.410.260.160.42
0.990.530.580.860.960.980.440.950.930.05-0.390.060.95-0.470.350.920.640.820.710.720.970.440.660.630.65
-0.44-0.07-0.44-0.5-0.47-0.4-0.16-0.48-0.480.16-0.390.16-0.470.220.19-0.53-0.03-0.6-0.26-0.22-0.48-0.43-0.26-0.17-0.36
0.030.13-0.13-0.28-0.010.12-0.47-0.06-0.171.00.060.16-0.140.130.65-0.20.150.10.180.030.0-0.420.250.160.42
0.970.490.580.890.960.950.520.970.91-0.140.95-0.47-0.14-0.50.150.960.580.830.620.70.970.560.610.650.57
-0.510.24-0.46-0.35-0.59-0.470.13-0.59-0.540.13-0.470.220.13-0.50.33-0.550.21-0.530.23-0.72-0.540.030.190.140.06
0.270.67-0.280.070.130.360.210.090.060.650.350.190.650.150.330.010.720.120.68-0.020.180.020.740.570.72
0.960.40.730.930.970.890.480.970.96-0.210.92-0.53-0.20.96-0.550.010.450.830.560.730.970.560.440.460.45
0.590.81-0.020.560.470.640.640.450.440.150.64-0.030.150.580.210.720.450.270.880.190.530.50.840.80.72
0.850.390.610.720.870.820.30.880.80.090.82-0.60.10.83-0.530.120.830.270.490.630.870.420.480.480.61
0.670.890.230.710.550.670.690.540.570.180.71-0.260.180.620.230.680.560.880.490.120.620.640.840.760.8
0.74-0.070.490.470.820.73-0.070.80.730.030.72-0.220.030.7-0.72-0.020.730.190.630.120.76-0.060.240.190.24
0.990.460.670.890.990.960.410.980.940.00.97-0.480.00.97-0.540.180.970.530.870.620.760.490.550.550.57
0.470.730.230.780.390.390.90.420.47-0.410.44-0.43-0.420.560.030.020.560.50.420.64-0.060.490.360.460.34
0.610.71-0.040.470.530.70.480.510.430.260.66-0.260.250.610.190.740.440.840.480.840.240.550.360.880.85
0.60.720.040.520.530.70.540.530.410.160.63-0.170.160.650.140.570.460.80.480.760.190.550.460.880.66
0.620.680.110.470.530.660.360.520.470.420.65-0.360.420.570.060.720.450.720.610.80.240.570.340.850.66
Click cells to compare fundamentals

Franklin Electric Account Relationship Matchups

Franklin Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.6B1.7B1.7B1.8B
Short Long Term Debt Total142.6M126.5M236.8M264.8M156.3M111.0M
Other Current Liab71.5M89.0M115.4M120.6M100.2M105.3M
Total Current Liabilities185.8M203.7M396.0M405.8M287.0M301.4M
Total Stockholder Equity798.7M847.8M946.5M1.1B1.2B1.3B
Property Plant And Equipment Net228.9M241.0M259.0M264.1M286.8M301.1M
Net Debt78.2M(4.3M)196.2M219.1M71.3M51.4M
Retained Earnings712.5M764.6M859.8M969.3M1.1B1.1B
Accounts Payable82.6M95.9M164.8M139.3M152.4M160.0M
Cash64.4M130.8M40.5M45.8M85.0M61.0M
Non Current Assets Total627.3M653.1M850.5M836.1M874.3M918.0M
Non Currrent Assets Other2.0M2.7M4.5M5.9M6.4M9.5M
Cash And Short Term Investments64.4M130.8M40.5M45.8M85.0M62.5M
Net Receivables173.3M159.8M196.2M230.4M222.4M233.5M
Common Stock Shares Outstanding47M47.1M46.8M46.7M46.9M38.5M
Liabilities And Stockholders Equity1.2B1.3B1.6B1.7B1.7B1.8B
Non Current Liabilities Total210.3M218.7M230.5M217.6M230.8M152.5M
Inventory300.2M300.9M450.0M545.0M508.7M534.1M
Other Current Assets29.5M27.7M38.0M36.9M37.7M24.2M
Other Stockholder Equity271.8M283.4M310.6M325.4M344.7M362.0M
Total Liab396.1M422.4M626.5M623.4M517.8M281.4M
Property Plant And Equipment Gross228.9M241.0M210.7M215.2M657.0M689.9M
Total Current Assets567.4M619.3M724.6M858.1M853.8M896.5M
Accumulated Other Comprehensive Income(190.2M)(204.8M)(228.6M)(231.4M)(221.1M)(210.0M)
Short Term Debt31.7M13.6M113.3M142.7M29.7M24.2M
Other Liab99.6M106.1M107.0M95.5M109.9M77.3M
Other Assets(48K)27K11.6M12.2M12.7M25.7K
Long Term Debt93.1M92.0M90.5M89.3M88.1M111.1M
Good Will398.4M412.1M591.5M572.0M342.4M281.2M
Intangible Assets131.1M133.8M249.7M231.3M230.0M123.1M
Property Plant Equipment201.3M209.0M259.0M215.2M247.4M171.7M
Net Tangible Assets814.1M868.5M357.2M1.1B1.3B719.2M
Noncontrolling Interest In Consolidated Entity2.1M2.1M2.2M2.3M2.6M2.1M
Retained Earnings Total Equity712.5M764.6M859.8M969.3M1.1B610.3M
Long Term Debt Total93.1M92.0M90.5M89.3M80.3M103.2M
Capital Surpluse269.7M283.4M310.6M325.4M374.2M257.4M

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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.
When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Industrial Machinery & Supplies & 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 Franklin Electric. 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 Electric 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
(0.05)
Dividend Share
0.975
Earnings Share
3.96
Revenue Per Share
43.688
Quarterly Revenue Growth
(0.01)
The market value of Franklin Electric 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.