Frequency Other Current Assets vs Total Current Liabilities Analysis

FEIM Stock  USD 13.88  0.59  4.44%   
Frequency Electronics financial indicator trend analysis is much more than just examining Frequency Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frequency Electronics is a good investment. Please check the relationship between Frequency Electronics Other Current Assets and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frequency Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Electronics guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frequency Electronics Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Frequency Electronics' Other Current Assets and Total Current Liabilities is -0.02. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Frequency Electronics, assuming nothing else is changed. The correlation between historical values of Frequency Electronics' Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Frequency Electronics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Frequency Electronics' Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Frequency Electronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Frequency Electronics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Frequency Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frequency Electronics 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 Frequency Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Electronics guide.At this time, Frequency Electronics' Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 14.98, though Tax Provision is likely to grow to (123.5 K).
 2021 2022 2023 2024 (projected)
Gross Profit8.6M7.8M18.6M15.2M
Total Revenue48.3M40.8M55.3M52.4M

Frequency Electronics fundamental ratios Correlations

0.230.03-0.20.92-0.130.190.57-0.150.590.380.360.380.290.390.920.290.44-0.070.880.050.1-0.11-0.150.66-0.14
0.230.1-0.430.270.070.460.15-0.320.360.010.02-0.150.040.50.23-0.20.31-0.160.15-0.42-0.46-0.330.270.47-0.36
0.030.1-0.1-0.020.170.330.09-0.04-0.07-0.160.29-0.18-0.220.280.060.25-0.080.120.12-0.14-0.08-0.280.010.09-0.34
-0.2-0.43-0.1-0.460.08-0.13-0.690.29-0.29-0.280.21-0.230.49-0.35-0.28-0.020.020.72-0.270.4-0.140.76-0.78-0.80.8
0.920.27-0.02-0.46-0.290.070.77-0.110.480.310.250.42-0.010.260.870.30.23-0.440.85-0.10.23-0.260.160.76-0.34
-0.130.070.170.08-0.290.08-0.56-0.090.610.51-0.25-0.180.550.65-0.35-0.420.610.45-0.460.04-0.530.120.090.060.01
0.190.460.33-0.130.070.080.07-0.820.21-0.110.02-0.010.110.410.270.160.180.260.240.06-0.32-0.55-0.160.22-0.47
0.570.150.09-0.690.77-0.560.07-0.130.050.040.10.53-0.58-0.020.660.31-0.29-0.680.75-0.230.58-0.560.370.68-0.55
-0.15-0.32-0.040.29-0.11-0.09-0.82-0.13-0.37-0.120.410.09-0.1-0.29-0.23-0.16-0.27-0.07-0.16-0.150.180.66-0.11-0.380.57
0.590.36-0.07-0.290.480.610.210.05-0.370.7-0.190.050.580.750.38-0.090.840.120.240.1-0.32-0.120.210.69-0.2
0.380.01-0.16-0.280.310.51-0.110.04-0.120.7-0.250.280.460.660.29-0.420.610.070.13-0.22-0.16-0.020.220.44-0.08
0.360.020.290.210.25-0.250.020.10.41-0.19-0.250.090.120.080.40.40.030.190.470.11-0.060.13-0.55-0.070.16
0.38-0.15-0.18-0.230.42-0.18-0.010.530.090.050.280.09-0.190.10.34-0.29-0.21-0.190.45-0.250.26-0.110.00.24-0.11
0.290.04-0.220.49-0.010.550.11-0.58-0.10.580.460.12-0.190.450.15-0.140.860.72-0.020.28-0.570.44-0.52-0.060.47
0.390.50.28-0.350.260.650.41-0.02-0.290.750.660.080.10.450.29-0.250.670.240.16-0.17-0.49-0.230.160.52-0.29
0.920.230.06-0.280.87-0.350.270.66-0.230.380.290.40.340.150.290.360.3-0.120.95-0.060.22-0.24-0.190.6-0.19
0.29-0.20.25-0.020.3-0.420.160.31-0.16-0.09-0.420.4-0.29-0.14-0.250.36-0.06-0.10.430.640.32-0.24-0.140.18-0.17
0.440.31-0.080.020.230.610.18-0.29-0.270.840.610.03-0.210.860.670.3-0.060.440.140.15-0.570.04-0.160.410.07
-0.07-0.160.120.72-0.440.450.26-0.68-0.070.120.070.19-0.190.720.24-0.12-0.10.44-0.140.37-0.350.42-0.75-0.440.57
0.880.150.12-0.270.85-0.460.240.75-0.160.240.130.470.45-0.020.160.950.430.14-0.14-0.010.34-0.3-0.220.58-0.22
0.05-0.42-0.140.4-0.10.040.06-0.23-0.150.1-0.220.11-0.250.28-0.17-0.060.640.150.37-0.010.150.16-0.29-0.130.24
0.1-0.46-0.08-0.140.23-0.53-0.320.580.18-0.32-0.16-0.060.26-0.57-0.490.220.32-0.57-0.350.340.15-0.060.110.050.0
-0.11-0.33-0.280.76-0.260.12-0.55-0.560.66-0.12-0.020.13-0.110.44-0.23-0.24-0.240.040.42-0.30.16-0.06-0.43-0.630.93
-0.150.270.01-0.780.160.09-0.160.37-0.110.210.22-0.550.0-0.520.16-0.19-0.14-0.16-0.75-0.22-0.290.11-0.430.51-0.59
0.660.470.09-0.80.760.060.220.68-0.380.690.44-0.070.24-0.060.520.60.180.41-0.440.58-0.130.05-0.630.51-0.65
-0.14-0.36-0.340.8-0.340.01-0.47-0.550.57-0.2-0.080.16-0.110.47-0.29-0.19-0.170.070.57-0.220.240.00.93-0.59-0.65
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Frequency Electronics Account Relationship Matchups

Frequency Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets91.3M86.0M85.9M74.5M83.3M99.8M
Other Current Liab11.1M3.4M7.9M3.7M3.2M4.1M
Total Current Liabilities13.0M8.1M23.0M27.3M30.8M32.3M
Total Stockholder Equity54.3M55.4M46.7M32.9M39.8M70.5M
Property Plant And Equipment Net22.1M19.4M17.4M14.5M12.5M13.5M
Net Debt7.5M274K(2.5M)15.3M(12.1M)(11.5M)
Retained Earnings(12.1M)(11.5M)(20.1M)(25.6M)(20.0M)(19.0M)
Cash3.8M9.8M11.6M(7.6M)18.3M19.2M
Non Current Assets Total40.0M37.3M28.8M26.2M25.1M27.3M
Non Currrent Assets Other17.3M17.3M10.8M11.1M12.0M10.8M
Cash And Short Term Investments14.4M20.1M21.5M12.0M18.3M20.3M
Net Receivables11.3M18.2M14.3M14.6M15.1M15.2M
Common Stock Shares Outstanding9.1M9.2M9.3M9.3M9.4M9.3M
Liabilities And Stockholders Equity91.3M86.0M85.9M74.5M83.3M99.8M
Non Current Liabilities Total24.1M22.5M16.2M14.3M12.6M12.7M
Inventory23.0M19.7M19.9M20.5M23.4M24.0M
Other Current Assets2.6M1.4M1.4M1.1M1.2M1.2M
Other Stockholder Equity56.8M57.3M58.0M49.1M50.3M47.6M
Total Liab37.0M30.6M39.2M41.6M43.4M29.2M
Total Current Assets51.3M48.7M57.1M48.3M58.1M52.7M
Accounts Payable1.2M1.4M1.1M1.5M2.3M1.5M
Property Plant And Equipment Gross22.1M19.4M17.4M14.5M70.6M74.1M
Accumulated Other Comprehensive Income(915K)46K490K291K(440K)0.0
Other Liab14.6M14.1M8.9M8.4M7.6M10.3M
Other Assets16.5M16.5M10.8M1.01.151.09
Short Term Investments10.6M10.3M10.0M19.7M17.7M13.4M
Treasury Stock(841K)(195K)(6K)(3K)(3.5K)(3.6K)
Property Plant Equipment11.3M19.4M17.4M7.1M8.2M11.9M
Net Tangible Assets53.6M54.8M46.1M32.3M29.0M55.5M
Retained Earnings Total Equity(2.1M)(12.1M)(11.5M)(25.6M)(23.1M)(21.9M)
Capital Surpluse56.8M56.9M57.4M49.1M56.5M59.8M

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When determining whether Frequency Electronics is a strong investment it is important to analyze Frequency Electronics' 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 Frequency Electronics' future performance. For an informed investment choice regarding Frequency Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frequency Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Electronics guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Electronic Equipment, Instruments & Components 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 Frequency Electronics. If investors know Frequency 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 Frequency Electronics 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
0.394
Earnings Share
0.62
Revenue Per Share
6.119
Return On Assets
0.0415
Return On Equity
0.175
The market value of Frequency Electronics is measured differently than its book value, which is the value of Frequency that is recorded on the company's balance sheet. Investors also form their own opinion of Frequency Electronics' value that differs from its market value or its book value, called intrinsic value, which is Frequency Electronics' 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 Frequency Electronics' market value can be influenced by many factors that don't directly affect Frequency Electronics' 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 Frequency Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Frequency Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frequency Electronics' 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.