Franklin Wireless Financials

FKWL Stock  USD 4.20  0.09  2.10%   
Based on the key indicators related to Franklin Wireless' liquidity, profitability, solvency, and operating efficiency, Franklin Wireless Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Franklin Wireless' Cash And Short Term Investments are quite stable compared to the past year. Inventory is expected to rise to about 2.2 M this year, although the value of Other Current Liabilities will most likely fall to about 1.2 M. Key indicators impacting Franklin Wireless' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00720.0068
Sufficiently Up
Pretty Stable
Current Ratio4.654.4267
Sufficiently Up
Slightly volatile
The financial analysis of Franklin Wireless is a critical element in measuring its lifeblood. Investors should not minimize Franklin Wireless' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(3.77 Million)

  
Understanding current and past Franklin Wireless Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Franklin Wireless' financial statements are interrelated, with each one affecting the others. For example, an increase in Franklin Wireless' assets may result in an increase in income on the income statement.

Franklin Wireless Stock Summary

Franklin Wireless competes with Moving IMage, Comtech Telecommunicatio, KVH Industries, Amplitech, and Siyata Mobile. Franklin Wireless Corp. provides intelligent wireless solutions. Franklin Wireless Corp. was founded in 1981 and is headquartered in San Diego, California. Franklin Wireless operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 76 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3551841022
CUSIP355184102
LocationCalifornia; U.S.A
Business Address3940 Ruffin Road,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.franklinwireless.com
Phone858 623 0000
CurrencyUSD - US Dollar

Franklin Wireless Key Financial Ratios

Franklin Wireless Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets65.4M57.8M52.0M56.9M46.7M25.3M
Other Current Liab500.7K468.0K441.2K5.6M1.3M1.2M
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
Net Receivables16.0M2.6M1.4M9.1M1.2M1.1M
Inventory11.8M975.5K4.2M3.7M1.4M2.2M
Other Current Assets21.6K85.6K215.7K90.6K181.9K177.1K
Total Liab44.3M11.6M9.4M16.5M10.3M9.0M
Total Current Assets61.4M54.8M48.4M51.9M40.2M22.8M
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
Intangible Assets1.1M1.2M1.4M2.2M1.3M1.5M
Net Tangible Assets19.0M43.2M39.4M36.5M41.9M24.9M

Franklin Wireless Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense338.4K163.5K260.2K71.4K82.1K55.6K
Total Revenue75.1M184.1M24.0M45.9M30.8M38.4M
Gross Profit14.5M32.5M3.8M7.0M3.5M6.7M
Operating Income7.1M22.8M(4.9M)(2.3M)(5.9M)(5.6M)
Ebit7.1M23.4M(4.7M)(2.6M)(5.6M)(5.4M)
Research Development3.7M4.6M4.3M3.9M3.4M2.6M
Ebitda8.0M24.3M(3.7M)(1.5M)(5.9M)(5.6M)
Cost Of Revenue60.5M151.7M20.2M38.9M27.3M31.7M
Income Before Tax7.3M23.4M(4.7M)(3.8M)(5.1M)(4.9M)
Net Income5.6M17.7M(3.7M)(2.9M)(4.0M)(3.8M)
Income Tax Expense1.4M5.0M(1.0M)(886.7K)(949.3K)(901.8K)
Minority Interest782.0K1.5M(90.4K)81.6K202.7K192.5K
Tax Provision1.4M5.0M(1.0M)(886.7K)(949.3K)(901.8K)
Net Interest Income159.7K8.8K71.4K459.9K804.1K844.4K
Interest Income159.7K8.8K71.4K459.9K804.1K844.4K

Franklin Wireless Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(10.7M)10.8M(3.2M)456.2K2.3M2.4M
Change In Cash21.7M17.6M(19.5M)(14.0M)25.3K24.0K
Free Cash Flow21.3M11.4M(8.1M)(3.6M)(959.5K)(911.6K)
Depreciation937.1K912.3K971.4K1.2M(306.2K)(290.9K)
Other Non Cash Items38.5K(8.9K)(14.6K)(238.3K)599.8K400.3K
Capital Expenditures718.3K718.4K724.4K1.7M186.2K176.9K
Net Income5.9M18.4M(3.7M)(2.9M)(4.2M)(4.0M)
End Period Cash Flow28.2M45.8M26.3M12.2M12.3M11.3M
Change To Netincome1.4M1.6M(338.2K)(497.2K)(571.7K)(543.1K)
Investments(1.7K)(4.1K)(11.0M)(12.1M)723.9K760.1K

Franklin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Franklin Wireless's current stock value. Our valuation model uses many indicators to compare Franklin Wireless value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin Wireless competition to find correlations between indicators driving Franklin Wireless's intrinsic value. More Info.
Franklin Wireless Corp is rated # 5 in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Franklin Wireless' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Franklin Wireless by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Franklin Wireless Corp Systematic Risk

Franklin Wireless' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin Wireless volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Franklin Wireless Corp correlated with the market. If Beta is less than 0 Franklin Wireless generally moves in the opposite direction as compared to the market. If Franklin Wireless Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Wireless Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Wireless is generally in the same direction as the market. If Beta > 1 Franklin Wireless moves generally in the same direction as, but more than the movement of the benchmark.

Franklin Wireless Thematic Clasifications

Franklin Wireless Corp is part of several thematic ideas from Office Supplies to Furniture. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Franklin Wireless Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Franklin Wireless' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Franklin Wireless growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.24)

At this time, Franklin Wireless' Price Earnings To Growth Ratio is quite stable compared to the past year.

Franklin Wireless November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Franklin Wireless help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin Wireless Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Wireless Corp based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin Wireless's daily price indicators and compare them against related drivers.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.