Forestar Non Currrent Assets Other vs Property Plant And Equipment Gross Analysis
FOR Stock | USD 31.40 0.51 1.60% |
Forestar financial indicator trend analysis is much more than just examining Forestar Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forestar Group is a good investment. Please check the relationship between Forestar Non Currrent Assets Other and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forestar Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Non Currrent Assets Other vs Property Plant And Equipment Gross
Non Currrent Assets Other vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forestar Group Non Currrent Assets Other account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Forestar's Non Currrent Assets Other and Property Plant And Equipment Gross is -0.37. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Forestar Group, assuming nothing else is changed. The correlation between historical values of Forestar's Non Currrent Assets Other and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Forestar Group are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Currrent Assets Other i.e., Forestar's Non Currrent Assets Other and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Property Plant And Equipment Gross
Most indicators from Forestar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forestar Group 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 Forestar Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Forestar's Selling General Administrative is relatively stable compared to the past year. As of 06/19/2024, Discontinued Operations is likely to grow to about 8.7 M, though Enterprise Value Over EBITDA is likely to grow to (14.53).
Forestar fundamental ratios Correlations
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Forestar Account Relationship Matchups
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Forestar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.1B | 2.3B | 2.5B | 2.8B | 3.0B | |
Short Long Term Debt Total | 641.1M | 704.5M | 706M | 695M | 799.3M | 839.2M | |
Total Stockholder Equity | 870.9M | 1.0B | 1.2B | 1.4B | 1.6B | 1.7B | |
Net Debt | 246.8M | 550.9M | 441.2M | 79M | 90.9M | 179.5M | |
Non Current Assets Total | 1.3B | 1.9B | 2.1B | 1.9B | 2.1B | 2.2B | |
Non Currrent Assets Other | 1.3B | 1.9B | 2.1B | 1.8B | 2.1B | 2.2B | |
Other Assets | 1M | 2.1B | 2.1B | 1.8B | 2.1B | 2.2B | |
Common Stock Shares Outstanding | 48.1M | 49.0M | 49.8M | 50.1M | 57.6M | 43.8M | |
Liabilities And Stockholders Equity | 1.7B | 2.1B | 2.3B | 2.5B | 2.8B | 3.0B | |
Non Current Liabilities Total | 745.1M | 877.2M | 879.1M | 867.1M | 997.2M | 1.0B | |
Other Stockholder Equity | 605.8M | 636.2M | 640.6M | 644.2M | 740.8M | 531.4M | |
Total Liab | 868.1M | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Other Current Liab | 10.5M | 1.3M | 137.1M | 165.3M | 190.1M | 199.6M | |
Other Liab | 124M | 172.7M | 173.1M | 189.9M | 218.4M | 229.3M | |
Accounts Payable | 29.2M | 47.4M | 72.2M | 68.4M | 78.7M | 82.6M | |
Cash | 394.3M | 153.6M | 264.8M | 616M | 708.4M | 743.8M | |
Long Term Debt | 641.1M | 704.5M | 706M | 695M | 799.3M | 839.2M | |
Inventory | (10.4M) | (26.9M) | (40.3M) | 1.0 | 0.9 | 0.86 | |
Other Current Assets | 10.4M | 25.8M | 28.9M | (641.7M) | (577.5M) | (548.7M) | |
Property Plant Equipment | 4.7M | 2.9M | 5.7M | 1.8B | 2.1B | 2.2B | |
Total Current Liabilities | 123M | 208.6M | 264.6M | 233.7M | 268.8M | 282.2M | |
Property Plant And Equipment Net | 1.1M | 2.9M | 5.7M | 5.9M | 5.3M | 5.0M | |
Cash And Short Term Investments | 394.3M | 153.6M | 264.8M | 616M | 708.4M | 743.8M | |
Net Receivables | 6.3M | 1.1M | 11.4M | 25.7M | 29.6M | 16.4M | |
Property Plant And Equipment Gross | 3.7M | 10.7M | 14.8M | 14.9M | 13.4M | 12.7M | |
Total Current Assets | 400.6M | 153.6M | 264.8M | 616M | 708.4M | 396.6M | |
Retained Earnings | 218.9M | 329.1M | 507.9M | 674.8M | 776.0M | 814.8M | |
Common Stock | 48.1M | 49.6M | 49.8M | 49.9M | 57.4M | 45.5M | |
Net Tangible Assets | 870.9M | 1.0B | 1.2B | 1.4B | 1.6B | 847.8M | |
Long Term Debt Total | 641.1M | 704.5M | 706M | 695M | 799.3M | 459.4M |
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