Franklin Total Revenue vs Non Current Assets Total Analysis

FKWL Stock  USD 4.30  0.15  3.61%   
Franklin Wireless financial indicator trend analysis is much more than just examining Franklin Wireless Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Wireless Corp is a good investment. Please check the relationship between Franklin Wireless Total Revenue and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Total Revenue vs Non Current Assets Total

Total Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Wireless Corp Total Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Franklin Wireless' Total Revenue and Non Current Assets Total is -0.18. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Franklin Wireless Corp, assuming nothing else is changed. The correlation between historical values of Franklin Wireless' Total Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Franklin Wireless Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Revenue i.e., Franklin Wireless' Total Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Franklin Wireless Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Franklin Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Wireless Corp 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 Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Enterprise Value is expected to rise to about 30 M this year, although the value of Selling General Administrative will most likely fall to about 4.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.8M7.0M3.5M6.7M
Total Revenue24.0M45.9M30.8M38.4M

Franklin Wireless fundamental ratios Correlations

0.050.240.70.710.29-0.730.750.670.750.23-0.340.80.270.39-0.30.63-0.140.020.70.511.00.650.14-0.44-0.44
0.05-0.490.27-0.040.24-0.050.030.330.05-0.260.090.10.14-0.270.220.25-0.38-0.20.280.060.08-0.16-0.19-0.1-0.1
0.24-0.490.060.29-0.050.20.18-0.03-0.20.47-0.110.180.130.54-0.28-0.040.270.260.050.160.210.08-0.25-0.03-0.03
0.70.270.060.110.27-0.40.250.990.420.1-0.080.320.71-0.07-0.120.94-0.09-0.281.00.280.70.170.07-0.3-0.3
0.71-0.040.290.110.41-0.620.90.070.620.16-0.420.95-0.320.69-0.30.09-0.130.230.120.670.720.750.12-0.39-0.39
0.290.24-0.050.270.41-0.230.240.260.260.110.140.55-0.30.44-0.110.26-0.020.290.30.870.30.56-0.090.080.08
-0.73-0.050.2-0.4-0.62-0.23-0.64-0.41-1.00.230.2-0.71-0.01-0.230.29-0.340.2-0.03-0.41-0.32-0.76-0.66-0.180.260.26
0.750.030.180.250.90.24-0.640.230.630.32-0.730.84-0.050.42-0.160.19-0.22-0.20.250.460.740.530.32-0.74-0.74
0.670.33-0.030.990.070.26-0.410.230.420.05-0.070.290.71-0.14-0.080.94-0.13-0.310.990.240.680.140.09-0.29-0.29
0.750.05-0.20.420.620.26-1.00.630.42-0.22-0.180.720.010.24-0.290.36-0.20.050.430.340.770.680.17-0.25-0.25
0.23-0.260.470.10.160.110.230.320.05-0.22-0.590.040.20.240.11-0.030.25-0.320.110.130.15-0.020.08-0.56-0.56
-0.340.09-0.11-0.08-0.420.140.2-0.73-0.07-0.18-0.59-0.26-0.23-0.010.040.010.110.68-0.070.05-0.30.09-0.430.940.94
0.80.10.180.320.950.55-0.710.840.290.720.04-0.26-0.260.61-0.260.31-0.220.260.340.760.820.830.12-0.3-0.3
0.270.140.130.71-0.32-0.3-0.01-0.050.710.010.2-0.23-0.26-0.32-0.120.570.17-0.550.69-0.360.26-0.46-0.09-0.34-0.34
0.39-0.270.54-0.070.690.44-0.230.42-0.140.240.24-0.010.61-0.32-0.44-0.130.490.59-0.060.630.390.64-0.310.090.09
-0.30.22-0.28-0.12-0.3-0.110.29-0.16-0.08-0.290.110.04-0.26-0.12-0.44-0.12-0.25-0.34-0.12-0.25-0.31-0.20.28-0.15-0.15
0.630.25-0.040.940.090.26-0.340.190.940.36-0.030.010.310.57-0.13-0.12-0.16-0.190.940.350.650.220.15-0.19-0.19
-0.14-0.380.27-0.09-0.13-0.020.2-0.22-0.13-0.20.250.11-0.220.170.49-0.25-0.160.19-0.09-0.04-0.16-0.03-0.350.190.19
0.02-0.20.26-0.280.230.29-0.03-0.2-0.310.05-0.320.680.26-0.550.59-0.34-0.190.19-0.260.430.050.55-0.410.780.78
0.70.280.051.00.120.3-0.410.250.990.430.11-0.070.340.69-0.06-0.120.94-0.09-0.260.30.710.190.07-0.29-0.29
0.510.060.160.280.670.87-0.320.460.240.340.130.050.76-0.360.63-0.250.35-0.040.430.30.520.77-0.070.020.02
1.00.080.210.70.720.3-0.760.740.680.770.15-0.30.820.260.39-0.310.65-0.160.050.710.520.670.13-0.4-0.4
0.65-0.160.080.170.750.56-0.660.530.140.68-0.020.090.83-0.460.64-0.20.22-0.030.550.190.770.670.080.070.07
0.14-0.19-0.250.070.12-0.09-0.180.320.090.170.08-0.430.12-0.09-0.310.280.15-0.35-0.410.07-0.070.130.08-0.47-0.47
-0.44-0.1-0.03-0.3-0.390.080.26-0.74-0.29-0.25-0.560.94-0.3-0.340.09-0.15-0.190.190.78-0.290.02-0.40.07-0.471.0
-0.44-0.1-0.03-0.3-0.390.080.26-0.74-0.29-0.25-0.560.94-0.3-0.340.09-0.15-0.190.190.78-0.290.02-0.40.07-0.471.0
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Franklin Wireless Account Relationship Matchups

Franklin Wireless fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.4M57.8M52.0M56.9M46.7M25.3M
Other Current Liab500.7K468.0K441.2K5.6M1.3M1.2M
Total Current Liabilities43.0M11.2M9.3M16.5M9.1M8.6M
Total Stockholder Equity20.4M44.7M41.0M38.9M35.1M36.9M
Property Plant And Equipment Net1.4M904.9K554.6K253.8K1.6M1.7M
Net Debt(26.5M)(45.0M)(25.8M)(12.1M)(10.8M)(11.3M)
Retained Earnings18.0M35.7M32.0M29.1M25.1M26.4M
Accounts Payable42.1M9.7M8.1M13.0M7.3M7.2M
Cash28.2M45.8M26.3M12.2M12.3M11.1M
Non Current Assets Total4.0M3.0M3.7M5.1M6.5M3.5M
Non Currrent Assets Other283.4K140.5K126.1K126.5K131.2K152.2K
Cash And Short Term Investments33.5M51.2M42.6M39.0M37.5M39.3M
Net Receivables16.0M2.6M1.4M9.1M1.2M1.1M
Common Stock Shares Outstanding10.7M11.6M11.6M11.7M11.8M11.6M
Liabilities And Stockholders Equity65.4M57.8M52.0M56.9M46.7M26.3M
Non Current Liabilities Total1.3M467.9K159.1K122.2K1.3M1.2M
Inventory11.8M975.5K4.2M3.7M1.4M2.2M
Other Current Assets21.6K85.6K215.7K90.6K181.9K177.1K
Other Stockholder Equity3.0M9.4M10.0M10.9M11.2M5.9M
Total Liab44.3M11.6M9.4M16.5M10.3M9.0M
Property Plant And Equipment Gross1.4M904.9K1.4M906.4K1.6M1.7M
Total Current Assets61.4M54.8M48.4M51.9M40.2M22.8M
Accumulated Other Comprehensive Income(650.4K)(472.5K)(984.2K)(1.1M)(1.2M)(1.1M)
Short Term Debt400.5K635.0K617.7K318.2K479.5K275.6K
Common Stock14.0K14.1K14.2K14.3K12.8K12.2K
Other Assets1.2M528.1K1.5M2.4M2.7M1.4M
Property Plant Equipment1.4M904.9K554.6K253.8K228.4K368.7K
Intangible Assets1.1M1.2M1.4M2.2M1.3M1.5M
Short Term Investments5.4M5.4M16.3M26.7M25.2M26.5M
Net Tangible Assets19.0M43.2M39.4M36.5M41.9M24.9M

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When determining whether Franklin Wireless Corp is a strong investment it is important to analyze Franklin Wireless' 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 Wireless' 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 Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Communications Equipment 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 Wireless. 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 Wireless 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
2.667
Earnings Share
(0.28)
Revenue Per Share
2.613
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.07)
The market value of Franklin Wireless Corp 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 Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' 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 Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' 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 Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' 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.