Fox Total Assets vs Non Currrent Assets Other Analysis

FOXF Stock  USD 32.71  0.49  1.52%   
Fox Factory financial indicator trend analysis is much more than just examining Fox Factory Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fox Factory Holding is a good investment. Please check the relationship between Fox Factory Total Assets and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Factory Holding Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fox Factory's Total Assets and Non Currrent Assets Other is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Fox Factory Holding, assuming nothing else is changed. The correlation between historical values of Fox Factory's Total Assets and Non Currrent Assets Other 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 Assets of Fox Factory Holding are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Fox Factory's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Fox Factory assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fox Factory Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Fox Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fox Factory Holding 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 Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Fox Factory's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense8.2M8.9M19.3M20.3M
Depreciation And Amortization45.1M49.2M58.6M61.5M

Fox Factory fundamental ratios Correlations

0.830.70.780.890.860.40.840.560.830.880.720.780.60.740.70.720.880.750.930.690.830.820.860.770.78
0.830.950.80.810.990.210.990.860.990.820.650.990.890.910.940.650.820.980.820.950.970.990.830.980.99
0.70.950.630.630.890.170.920.960.890.630.530.980.90.821.00.530.630.980.741.00.860.940.690.990.96
0.780.80.630.940.850.320.830.470.820.930.760.730.580.740.620.760.940.70.780.630.820.820.910.710.74
0.890.810.630.940.860.40.830.450.830.990.820.730.570.740.620.820.980.710.850.620.840.840.960.720.73
0.860.990.890.850.860.210.990.790.990.870.680.960.860.930.890.680.880.950.820.890.980.970.860.950.97
0.40.210.170.320.40.210.24-0.030.140.370.680.14-0.17-0.040.160.680.30.120.330.150.120.30.50.20.13
0.840.990.920.830.830.990.240.820.990.840.680.980.860.920.920.680.850.960.820.920.970.980.840.960.98
0.560.860.960.470.450.79-0.030.820.810.440.280.920.920.80.960.280.470.940.630.970.80.830.50.930.91
0.830.990.890.820.830.990.140.990.810.840.610.970.880.950.890.610.860.950.80.90.990.960.810.940.98
0.880.820.630.930.990.870.370.840.440.840.830.740.580.730.620.830.990.710.850.620.830.820.960.720.74
0.720.650.530.760.820.680.680.680.280.610.830.560.320.390.521.00.770.540.660.510.560.710.890.590.55
0.780.990.980.730.730.960.140.980.920.970.740.560.930.910.970.560.751.00.790.980.950.970.760.991.0
0.60.890.90.580.570.86-0.170.860.920.880.580.320.930.890.90.320.620.940.640.910.880.850.590.910.93
0.740.910.820.740.740.93-0.040.920.80.950.730.390.910.890.820.390.780.90.710.830.970.870.670.870.93
0.70.941.00.620.620.890.160.920.960.890.620.520.970.90.820.520.630.980.731.00.860.930.680.990.96
0.720.650.530.760.820.680.680.680.280.610.831.00.560.320.390.520.770.540.660.510.560.710.890.590.55
0.880.820.630.940.980.880.30.850.470.860.990.770.750.620.780.630.770.720.870.630.850.820.940.730.76
0.750.980.980.70.710.950.120.960.940.950.710.541.00.940.90.980.540.720.770.990.930.960.740.990.99
0.930.820.740.780.850.820.330.820.630.80.850.660.790.640.710.730.660.870.770.730.790.80.860.790.79
0.690.951.00.630.620.890.150.920.970.90.620.510.980.910.831.00.510.630.990.730.870.930.680.990.97
0.830.970.860.820.840.980.120.970.80.990.830.560.950.880.970.860.560.850.930.790.870.950.80.920.95
0.820.990.940.820.840.970.30.980.830.960.820.710.970.850.870.930.710.820.960.80.930.950.860.970.96
0.860.830.690.910.960.860.50.840.50.810.960.890.760.590.670.680.890.940.740.860.680.80.860.760.75
0.770.980.990.710.720.950.20.960.930.940.720.590.990.910.870.990.590.730.990.790.990.920.970.760.98
0.780.990.960.740.730.970.130.980.910.980.740.551.00.930.930.960.550.760.990.790.970.950.960.750.98
Click cells to compare fundamentals

Fox Factory Account Relationship Matchups

Fox Factory fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding39.2M40.8M42.4M42.4M42.4M41.6M
Total Assets609.3M1.3B1.5B1.6B2.2B2.4B
Short Long Term Debt Total74.2M389.6M378.5M210.3M757.6M795.5M
Other Current Liab30.4M46.1M68.4M76.7M67.5M35.7M
Total Current Liabilities91.8M165.4M229.9M258.9M207.6M124.6M
Total Stockholder Equity422.2M719.2M894.1M1.1B1.2B1.3B
Other Liab11.6M24.9M30.8M963K1.1M1.1M
Property Plant And Equipment Net125.9M189.4M230.8M250.3M321.5M337.6M
Net Debt24.3M143.8M198.8M65.1M674.0M707.7M
Retained Earnings312.5M395.0M558.8M764.1M878.1M922.0M
Accounts Payable55.1M92.4M100.0M131.2M104.2M62.9M
Cash43.7M245.8M179.7M145.3M83.6M68.6M
Non Current Assets Total327.5M704.6M791.1M820.7M1.5B1.5B
Non Currrent Assets Other451K2.0M1.4M5.0M8.1M8.5M
Other Assets26.2M1K40.0M62.3M71.7M75.2M
Long Term Debt68M377.1M361.0M200M743.5M780.7M
Cash And Short Term Investments43.7M245.8M179.7M145.3M83.6M68.6M
Net Receivables91.6M121.2M142.0M200.4M171.1M92.1M
Good Will93.5M289.3M323.3M324.0M636.6M668.4M
Liabilities And Stockholders Equity609.3M1.3B1.5B1.6B2.2B2.4B
Non Current Liabilities Total95.3M402.0M391.8M238.1M813.0M853.6M
Inventory128.5M127.1M279.8M350.6M371.8M390.4M
Other Current Assets17.9M87.9M123.1M101.4M141.5M148.6M
Other Stockholder Equity109.5M323.1M330.4M342.5M334.6M177.8M
Total Liab187.1M567.4M621.6M497.0M1.0B1.1B
Property Plant And Equipment Gross125.9M189.4M230.8M250.3M442.6M464.7M
Total Current Assets281.8M582.0M724.7M797.7M768.1M806.5M
Accumulated Other Comprehensive Income150K1.1M4.9M14.8M9.0M9.5M
Short Term Debt6.2M19.3M26.6M10.3M14.1M9.2M
Intangible Assets81.9M204.5M197.0M179.0M483.3M507.5M
Property Plant Equipment108.4M163.3M230.8M250.3M287.9M302.3M
Current Deferred Revenue6.6M6.7M172K(14.1M)(12.7M)(12.1M)
Net Tangible Assets262.4M719.2M373.8M618.4M711.2M746.8M
Retained Earnings Total Equity135.9M219.7M312.5M395.0M454.2M476.9M
Long Term Debt Total93.6M52.5M68M377.1M433.7M455.3M
Capital Surpluse112.8M116.0M123.3M336.8M387.4M406.7M

Currently Active Assets on Macroaxis

When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory'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 Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Automotive Parts & 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 Fox Factory. If investors know Fox 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 Fox Factory 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
(0.87)
Earnings Share
0.26
Revenue Per Share
32.862
Quarterly Revenue Growth
0.085
Return On Assets
0.0219
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.