Fonix Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

FNX Stock   205.00  9.00  4.21%   
Fonix Mobile financial indicator trend analysis is much more than just examining Fonix Mobile plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fonix Mobile plc is a good investment. Please check the relationship between Fonix Mobile Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fonix Mobile plc. 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.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fonix Mobile plc Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fonix Mobile's Common Stock Shares Outstanding and Property Plant And Equipment Net is -0.21. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Fonix Mobile plc, assuming nothing else is changed. The correlation between historical values of Fonix Mobile's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Fonix Mobile plc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Fonix Mobile's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Fonix Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fonix Mobile plc 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 Fonix Mobile plc. 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.
As of November 27, 2024, Tax Provision is expected to decline to about 1.4 M. In addition to that, Selling General Administrative is expected to decline to about 3.2 M
 2021 2022 2023 2024 (projected)
EBIT9.6M10.9M13.9M8.0M
Other Operating Expenses44.1M54.4M63.3M38.4M

Fonix Mobile fundamental ratios Correlations

0.790.630.850.90.580.70.790.610.060.82-0.220.67-0.1-0.850.740.810.740.70.55-0.8-0.690.74-0.920.830.63
0.790.790.810.820.910.930.990.850.290.97-0.520.75-0.36-0.840.860.790.860.320.31-0.83-0.850.9-0.530.990.74
0.630.790.870.840.660.820.850.620.180.87-0.30.95-0.11-0.570.60.910.60.220.51-0.66-0.850.88-0.520.80.95
0.850.810.870.990.70.850.860.670.160.88-0.350.91-0.2-0.690.60.890.60.60.49-0.78-0.910.87-0.770.830.88
0.90.820.840.990.690.850.860.690.180.88-0.310.88-0.16-0.720.620.90.620.630.53-0.79-0.890.87-0.820.840.84
0.580.910.660.70.690.880.890.840.380.84-0.710.59-0.58-0.720.720.550.720.350.01-0.73-0.850.81-0.250.880.57
0.70.930.820.850.850.880.950.920.510.9-0.380.79-0.21-0.620.620.810.620.30.41-0.66-0.930.96-0.480.880.78
0.790.990.850.860.860.890.950.850.280.99-0.50.82-0.33-0.810.830.840.830.310.36-0.83-0.880.93-0.550.980.81
0.610.850.620.670.690.840.920.850.710.75-0.290.54-0.15-0.570.580.620.580.240.34-0.51-0.760.82-0.340.770.53
0.060.290.180.160.180.380.510.280.710.130.230.040.320.09-0.090.16-0.09-0.030.330.23-0.350.430.120.150.05
0.820.970.870.880.880.840.90.990.750.13-0.510.86-0.35-0.840.850.870.850.360.37-0.89-0.880.91-0.620.990.85
-0.22-0.52-0.3-0.35-0.31-0.71-0.38-0.5-0.290.23-0.51-0.310.980.59-0.59-0.09-0.59-0.230.590.710.44-0.27-0.03-0.55-0.29
0.670.750.950.910.880.590.790.820.540.040.86-0.31-0.14-0.550.550.930.550.270.51-0.72-0.840.83-0.640.771.0
-0.1-0.36-0.11-0.2-0.16-0.58-0.21-0.33-0.150.32-0.350.98-0.140.49-0.470.09-0.47-0.210.720.610.27-0.09-0.12-0.39-0.12
-0.85-0.84-0.57-0.69-0.72-0.72-0.62-0.81-0.570.09-0.840.59-0.550.49-0.96-0.61-0.96-0.53-0.150.920.59-0.610.63-0.89-0.51
0.740.860.60.60.620.720.620.830.58-0.090.85-0.590.55-0.47-0.960.611.00.270.13-0.89-0.530.61-0.50.90.54
0.810.790.910.890.90.550.810.840.620.160.87-0.090.930.09-0.610.610.610.30.73-0.67-0.790.88-0.770.810.93
0.740.860.60.60.620.720.620.830.58-0.090.85-0.590.55-0.47-0.961.00.610.270.13-0.89-0.530.61-0.50.90.54
0.70.320.220.60.630.350.30.310.24-0.030.36-0.230.27-0.21-0.530.270.30.270.18-0.49-0.460.33-0.680.370.18
0.550.310.510.490.530.010.410.360.340.330.370.590.510.72-0.150.130.730.130.18-0.07-0.350.53-0.670.310.5
-0.8-0.83-0.66-0.78-0.79-0.73-0.66-0.83-0.510.23-0.890.71-0.720.610.92-0.89-0.67-0.89-0.49-0.070.68-0.640.64-0.89-0.69
-0.69-0.85-0.85-0.91-0.89-0.85-0.93-0.88-0.76-0.35-0.880.44-0.840.270.59-0.53-0.79-0.53-0.46-0.350.68-0.950.51-0.84-0.81
0.740.90.880.870.870.810.960.930.820.430.91-0.270.83-0.09-0.610.610.880.610.330.53-0.64-0.95-0.550.880.82
-0.92-0.53-0.52-0.77-0.82-0.25-0.48-0.55-0.340.12-0.62-0.03-0.64-0.120.63-0.5-0.77-0.5-0.68-0.670.640.51-0.55-0.59-0.59
0.830.990.80.830.840.880.880.980.770.150.99-0.550.77-0.39-0.890.90.810.90.370.31-0.89-0.840.88-0.590.76
0.630.740.950.880.840.570.780.810.530.050.85-0.291.0-0.12-0.510.540.930.540.180.5-0.69-0.810.82-0.590.76
Click cells to compare fundamentals

Fonix Mobile Account Relationship Matchups

Fonix Mobile fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab6.0M2.8M3.4M5.2M16.4M17.2M
Total Current Liabilities48.0M37.9M42.1M48.5M53.3M43.4M
Other Liab92K147K160K157K180.6K125.6K
Net Tangible Assets1.7M4.4M6.8M8.1M9.4M9.8M
Retained Earnings1.7M4.4M6.9M8.8M11.8M12.4M
Accounts Payable39.0M33.0M36.5M41.1M31.3M35.7M
Net Receivables21.0M24.7M31.8M35.9M35.9M27.0M
Total Current Assets49.8M42.2M49.0M56.7M62.4M48.3M
Property Plant Equipment74K291K180K70K80.5K76.5K
Total Assets50.5M43.4M50.1M58.0M64.3M52.5M
Short Long Term Debt Total41K244K133K17K262K139.3K
Total Stockholder Equity2.4M5.2M7.8M9.4M10.7M6.5M
Property Plant And Equipment Net74K291K180K70K316K169.5K
Net Debt(28.6M)(17.1M)(16.9M)(20.6M)(26.2M)(27.5M)
Cash28.6M17.3M17.0M20.6M26.5M21.1M
Non Current Assets Total758K1.1M1.2M1.3M1.9M1.2M
Cash And Short Term Investments28.6M17.3M17.0M20.6M26.5M21.1M
Liabilities And Stockholders Equity50.5M43.4M50.1M58.0M64.3M52.5M
Non Current Liabilities Total92K280K177K157K383.0K239.8K
Capital Lease Obligations41K244K133K17K15.3K14.5K
Inventory(23.5M)(21.0M)(24.7M)(31.8M)(28.6M)(30.0M)
Other Current Assets153K182K214K204K234.6K191.0K
Other Stockholder Equity505K779K679K184K(1.6M)(1.5M)
Total Liab48.1M38.1M42.3M48.6M53.6M46.0M
Net Invested Capital2.4M5.2M7.8M9.4M10.8M5.6M
Property Plant And Equipment Gross74K291K180K70K63K59.9K
Accumulated Other Comprehensive Income(43K)72K172K297K362K380.1K
Net Working Capital1.8M4.4M6.8M8.2M9.5M9.9M
Short Term Debt121K41K111K116K17K73.4K
Intangible Assets684K849K994K1.2M1.6M1.0M
Current Deferred Revenue(41K)(2.8M)22K(6.5M)(5.8M)(5.5M)

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.

Other Information on Investing in Fonix Stock

Balance Sheet is a snapshot of the financial position of Fonix Mobile plc at a specified time, usually calculated after every quarter, six months, or one year. Fonix Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fonix Mobile and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fonix currently owns. An asset can also be divided into two categories, current and non-current.