Forestar Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis
FOR Stock | USD 32.44 0.74 2.33% |
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 Common Stock Shares Outstanding and its Property Plant And Equipment Net 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.
Common Stock Shares Outstanding vs Property Plant And Equipment Net
Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forestar Group Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Forestar's Common Stock Shares Outstanding and Property Plant And Equipment Net is -0.56. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net 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 Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Forestar Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Forestar's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 06/12/2024, 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
High Positive Relationship
High Negative Relationship
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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