Some fundamental drivers such as market cap or FGL Holdings enterprice value can be analyzed from historical prospective to project value of the company into the future. Some investors analyze FGL Holdings valuation indicators such as Earnings before Tax of 144.8 M or Average Equity of 391.2 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of FGL Holdings future value. Financial Statement Analysis is much more than just reviewing and breaking down FGL Holdings prevalent accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether FGL Holdings is a good buy for the upcoming year. Additionally see Investing Opportunities.
Average AssetsAverage asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
Enterprise ValueEnterprise Value (or EV) is usually referred to as FGL Holdings theoretical takeover price. In the event of an acquisition, an acquirer would have to take on FGL Holdings debt, but would also pocket its cash. Enterprise Value is more accurate representation of FGL Holdings value than its market capitalization because it takes into account all of FGL Holdings existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].
Market CapitalizationMarket capitalization (or market cap) is the total value of the shares outstanding of FGL Holdings. It is equal to FGL Holdings current share price times the number of FGL Holdings outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].