Fulgent Ev To Free Cash Flow vs Free Cash Flow Analysis

FLGT Stock

USD 18.33 0.46 2.57%

Fulgent Genetics financial indicator trend analysis is much more than just examining Fulgent Genetics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fulgent Genetics is a good investment. Please check the relationship between Fulgent Genetics Ev To Free Cash Flow and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fulgent Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.

Ev To Free Cash Flow vs Free Cash Flow

Ev To Free Cash Flow vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fulgent Genetics Ev To Free Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Fulgent Genetics' Ev To Free Cash Flow and Free Cash Flow is -0.12. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Fulgent Genetics, assuming nothing else is changed. The correlation between historical values of Fulgent Genetics' Ev To Free Cash Flow and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Fulgent Genetics are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Ev To Free Cash Flow i.e., Fulgent Genetics' Ev To Free Cash Flow and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Fulgent Genetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fulgent Genetics 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 Fulgent Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.At this time, Fulgent Genetics' Discontinued Operations is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 93.4 M in 2024, whereas Tax Provision is likely to drop slightly above 2.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	777.1M	366.9M	104.5M	180.0M
Total Revenue	992.6M	619.0M	289.2M	266.7M

Gross Profit Total Revenue

Fulgent Genetics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.92	0.86	1.0	0.99	0.97	-0.91	0.98	0.85	0.87	0.87	-0.18	0.43	0.9	0.64	0.93	0.67	0.84	0.92	0.88	0.97	0.9	0.96	-0.59	-0.59	0.8
Other Current Liab	0.92		0.94	0.9	0.92	0.88	-0.91	0.84	0.94	0.89	0.73	-0.15	0.4	0.84	0.87	0.88	0.88	0.66	0.92	0.95	0.84	0.88	0.85	-0.6	-0.6	0.63
Total Current Liabilities	0.86	0.94		0.84	0.83	0.76	-0.87	0.78	1.0	0.91	0.55	-0.31	0.48	0.92	0.9	0.88	0.9	0.61	0.93	0.99	0.72	0.95	0.72	-0.56	-0.56	0.47
Total Stockholder Equity	1.0	0.9	0.84		0.99	0.98	-0.9	0.99	0.84	0.86	0.88	-0.18	0.43	0.89	0.62	0.93	0.64	0.85	0.91	0.87	0.97	0.89	0.96	-0.59	-0.59	0.81
Net Tangible Assets	0.99	0.92	0.83	0.99		0.97	-0.93	0.97	0.82	0.88	0.88	-0.06	0.47	0.87	0.65	0.92	0.68	0.79	0.9	0.86	0.96	0.87	0.96	-0.6	-0.6	0.79
Property Plant And Equipment Net	0.97	0.88	0.76	0.98	0.97		-0.83	0.96	0.77	0.77	0.96	-0.16	0.27	0.78	0.54	0.87	0.57	0.87	0.86	0.81	1.0	0.78	1.0	-0.59	-0.59	0.9
Net Debt	-0.91	-0.91	-0.87	-0.9	-0.93	-0.83		-0.85	-0.85	-0.98	-0.66	-0.13	-0.72	-0.9	-0.81	-0.89	-0.83	-0.53	-0.9	-0.88	-0.79	-0.92	-0.79	0.58	0.58	-0.51
Retained Earnings	0.98	0.84	0.78	0.99	0.97	0.96	-0.85		0.77	0.82	0.88	-0.2	0.42	0.88	0.52	0.88	0.55	0.88	0.85	0.81	0.96	0.86	0.95	-0.48	-0.48	0.83
Accounts Payable	0.85	0.94	1.0	0.84	0.82	0.77	-0.85	0.77		0.89	0.56	-0.34	0.43	0.9	0.89	0.89	0.9	0.63	0.94	0.99	0.73	0.93	0.73	-0.6	-0.6	0.49
Cash	0.87	0.89	0.91	0.86	0.88	0.77	-0.98	0.82	0.89		0.57	0.05	0.74	0.94	0.83	0.91	0.85	0.51	0.93	0.92	0.74	0.96	0.72	-0.57	-0.57	0.43
Non Current Assets Total	0.87	0.73	0.55	0.88	0.88	0.96	-0.66	0.88	0.56	0.57		-0.14	0.06	0.58	0.31	0.73	0.34	0.87	0.69	0.62	0.97	0.57	0.97	-0.47	-0.47	0.98
Non Currrent Assets Other	-0.18	-0.15	-0.31	-0.18	-0.06	-0.16	-0.13	-0.2	-0.34	0.05	-0.14		0.46	-0.23	-0.03	-0.21	-0.01	-0.55	-0.22	-0.28	-0.2	-0.2	-0.2	0.14	0.14	-0.31
Other Assets	0.43	0.4	0.48	0.43	0.47	0.27	-0.72	0.42	0.43	0.74	0.06	0.46		0.66	0.53	0.49	0.54	-0.01	0.47	0.45	0.24	0.66	0.21	-0.24	-0.24	-0.11
Cash And Short Term Investments	0.9	0.84	0.92	0.89	0.87	0.78	-0.9	0.88	0.9	0.94	0.58	-0.23	0.66		0.72	0.92	0.74	0.68	0.92	0.91	0.77	0.99	0.74	-0.56	-0.56	0.5
Net Receivables	0.64	0.87	0.9	0.62	0.65	0.54	-0.81	0.52	0.89	0.83	0.31	-0.03	0.53	0.72		0.68	1.0	0.25	0.77	0.87	0.48	0.79	0.49	-0.49	-0.49	0.17
Common Stock Shares Outstanding	0.93	0.88	0.88	0.93	0.92	0.87	-0.89	0.88	0.89	0.91	0.73	-0.21	0.49	0.92	0.68		0.7	0.74	0.99	0.91	0.86	0.93	0.85	-0.78	-0.78	0.65
Inventory	0.67	0.88	0.9	0.64	0.68	0.57	-0.83	0.55	0.9	0.85	0.34	-0.01	0.54	0.74	1.0	0.7		0.27	0.79	0.89	0.5	0.8	0.52	-0.48	-0.48	0.2
Other Current Assets	0.84	0.66	0.61	0.85	0.79	0.87	-0.53	0.88	0.63	0.51	0.87	-0.55	-0.01	0.68	0.25	0.74	0.27		0.7	0.65	0.9	0.64	0.9	-0.45	-0.45	0.93
Other Stockholder Equity	0.92	0.92	0.93	0.91	0.9	0.86	-0.9	0.85	0.94	0.93	0.69	-0.22	0.47	0.92	0.77	0.99	0.79	0.7		0.96	0.83	0.93	0.83	-0.74	-0.74	0.61
Total Liab	0.88	0.95	0.99	0.87	0.86	0.81	-0.88	0.81	0.99	0.92	0.62	-0.28	0.45	0.91	0.87	0.91	0.89	0.65	0.96		0.77	0.94	0.77	-0.57	-0.57	0.54
Property Plant And Equipment Gross	0.97	0.84	0.72	0.97	0.96	1.0	-0.79	0.96	0.73	0.74	0.97	-0.2	0.24	0.77	0.48	0.86	0.5	0.9	0.83	0.77		0.76	1.0	-0.56	-0.56	0.93
Total Current Assets	0.9	0.88	0.95	0.89	0.87	0.78	-0.92	0.86	0.93	0.96	0.57	-0.2	0.66	0.99	0.79	0.93	0.8	0.64	0.93	0.94	0.76		0.74	-0.57	-0.57	0.48
Property Plant Equipment	0.96	0.85	0.72	0.96	0.96	1.0	-0.79	0.95	0.73	0.72	0.97	-0.2	0.21	0.74	0.49	0.85	0.52	0.9	0.83	0.77	1.0	0.74		-0.57	-0.57	0.93
Common Stock Total Equity	-0.59	-0.6	-0.56	-0.59	-0.6	-0.59	0.58	-0.48	-0.6	-0.57	-0.47	0.14	-0.24	-0.56	-0.49	-0.78	-0.48	-0.45	-0.74	-0.57	-0.56	-0.57	-0.57		1.0	-0.41
Common Stock	-0.59	-0.6	-0.56	-0.59	-0.6	-0.59	0.58	-0.48	-0.6	-0.57	-0.47	0.14	-0.24	-0.56	-0.49	-0.78	-0.48	-0.45	-0.74	-0.57	-0.56	-0.57	-0.57	1.0		-0.41
Other Liab	0.8	0.63	0.47	0.81	0.79	0.9	-0.51	0.83	0.49	0.43	0.98	-0.31	-0.11	0.5	0.17	0.65	0.2	0.93	0.61	0.54	0.93	0.48	0.93	-0.41	-0.41

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Fulgent Genetics Account Relationship Matchups

Fulgent Genetics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	88.8M	700.5M	1.3B	1.4B	1.2B	1.3B
Other Current Liab	3.6M	35.0M	28.4M	24.2M	26.9M	28.3M
Total Current Liabilities	6.0M	131.1M	112.8M	116.2M	73.0M	49.4M
Total Stockholder Equity	82.8M	569.4M	1.2B	1.3B	1.1B	1.2B
Net Tangible Assets	82.8M	569.4M	1.2B	973.0M	1.1B	1.2B
Property Plant And Equipment Net	6.0M	40.2M	62.3M	81.4M	95.6M	100.4M
Net Debt	(9.3M)	(71.6M)	(143.6M)	(58.9M)	(82.2M)	(78.1M)
Retained Earnings	(63.4M)	150.9M	657.6M	801M	633.2M	664.8M
Accounts Payable	1.6M	26.5M	20.5M	23.1M	15.4M	10.3M
Cash	12.0M	87.4M	164.9M	79.5M	97.5M	50.9M
Non Current Assets Total	12.0M	84.7M	204.3M	480.4M	727.5M	763.9M
Non Currrent Assets Other	(36.8M)	(88.0M)	142.0M	(287.4M)	22.7M	23.9M
Other Assets	251K	44.5M	912.6M	26.6M	1.0	0.95
Cash And Short Term Investments	70.2M	431.9M	935.5M	852.9M	424.2M	312.5M
Net Receivables	6.6M	204.1M	143.3M	52.7M	57.4M	52.9M
Common Stock Shares Outstanding	18.7M	24.1M	31.0M	31.0M	29.8M	23.5M
Liabilities And Stockholders Equity	88.8M	700.5M	1.3B	1.4B	1.2B	1.3B
Inventory	277K	16.5M	12.2M	4.3M	5.8M	4.4M
Other Current Assets	277K	3.7M	6.0M	44.5M	26.2M	27.6M
Other Stockholder Equity	146.1M	418.1M	501.9M	486.6M	501.7M	263.1M
Total Liab	6.0M	131.1M	112.8M	116.2M	102.0M	52.6M
Property Plant And Equipment Gross	8.6M	41.0M	81.9M	124.6M	135.1M	141.9M
Total Current Assets	76.8M	615.7M	1.1B	905.6M	507.8M	365.6M
Accumulated Other Comprehensive Income	146K	438K	(759K)	(20.9M)	1.2M	1.3M
Property Plant Equipment	8.6M	40.2M	62.3M	98.9M	113.8M	119.4M
Retained Earnings Total Equity	(63.0M)	(63.4M)	150.9M	657.6M	756.2M	794.0M
Short Term Investments	58.3M	344.4M	770.7M	773.4M	326.7M	326.9M
Non Current Liabilities Total	2.3M	959K	7.5M	28.1M	29.0M	30.5M
Capital Surpluse	114.2M	146.1M	418.1M	501.9M	577.2M	606.1M
Long Term Investments	42.8M	132.5M	507.0M	339.0M	444.0M	466.2M
Non Current Liabilities Other	2.3M	959K	7.5M	28.1M	11.0M	6.8M
Net Invested Capital	82.8M	584.4M	1.2B	1.3B	1.1B	688.3M
Net Working Capital	33.4M	393.5M	961.6M	539.8M	434.8M	381.8M

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