Formula Retained Earnings vs Short Term Investments Analysis
FORTY Stock | USD 78.75 1.25 1.56% |
Formula Systems financial indicator trend analysis is much more than just examining Formula Systems 1985 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Formula Systems 1985 is a good investment. Please check the relationship between Formula Systems Retained Earnings and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Retained Earnings vs Short Term Investments
Retained Earnings vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Formula Systems 1985 Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Formula Systems' Retained Earnings and Short Term Investments is 0.67. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Formula Systems 1985, assuming nothing else is changed. The correlation between historical values of Formula Systems' Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Formula Systems 1985 are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Formula Systems' Retained Earnings and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Short Term Investments
Short Term Investments is an item under the current assets section of Formula Systems balance sheet. It contains any investments Formula Systems 1985 undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Formula Systems 1985 can easily liquidate in the marketplace.Most indicators from Formula Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Formula Systems 1985 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 Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Formula Systems' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 3.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 151.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.4B | 2.6B | 2.6B | 2.8B | Interest Expense | 24.0M | 19.9M | 29.7M | 31.1M |
Formula Systems fundamental ratios Correlations
Click cells to compare fundamentals
Formula Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Formula Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.5B | 2.7B | 2.8B | 2.8B | 3.0B | |
Short Long Term Debt Total | 603.5M | 668.5M | 712.9M | 772.7M | 670.0M | 703.5M | |
Other Current Liab | 260.3M | 303.7M | 334.3M | 376.2M | 326.4M | 342.8M | |
Total Current Liabilities | 671.3M | 779.8M | 944.7M | 1.0B | 987.8M | 1.0B | |
Total Stockholder Equity | 421.6M | 502.7M | 541.0M | 551.9M | 625.9M | 325.4M | |
Property Plant And Equipment Net | 147.2M | 174.0M | 172.7M | 172.3M | 173.6M | 182.3M | |
Net Debt | 234.4M | 166.9M | 227.5M | 228.3M | 217.6M | 228.5M | |
Retained Earnings | 285.1M | 324.4M | 358.3M | 419.4M | 475.2M | 499.0M | |
Accounts Payable | 125.2M | 153.3M | 206.0M | 222.2M | 258.6M | 271.6M | |
Cash | 369.0M | 501.6M | 485.4M | 544.3M | 452.4M | 475.0M | |
Non Current Assets Total | 1.1B | 1.4B | 1.4B | 1.4B | 1.4B | 1.5B | |
Non Currrent Assets Other | 21.5M | 22.7M | 23.7M | 39.8M | 52.5M | 62.6M | |
Cash And Short Term Investments | 405.5M | 533.2M | 512.5M | 569.1M | 528.6M | 555.0M | |
Net Receivables | 553.1M | 603.8M | 768.7M | 768.8M | 721.0M | 757.1M | |
Common Stock Shares Outstanding | 15.3M | 15.3M | 15.4M | 15.5M | 15.5M | 14.4M | |
Short Term Investments | 36.5M | 31.5M | 27.1M | 24.7M | 76.2M | 80.0M | |
Liabilities And Stockholders Equity | 2.1B | 2.5B | 2.7B | 2.8B | 2.8B | 3.0B | |
Non Current Liabilities Total | 520.8M | 632.7M | 623.2M | 614.8M | 519.1M | 545.1M | |
Inventory | 7.2M | 24.0M | 20.1M | 35.2M | 42.0M | 44.1M | |
Other Current Assets | 37.4M | 47.2M | 50.6M | 45.9M | 84.7M | 88.9M | |
Other Stockholder Equity | 120.5M | 148.5M | 152.8M | 145.1M | 157.4M | 127.1M | |
Total Liab | 1.2B | 1.4B | 1.6B | 1.6B | 1.5B | 1.6B | |
Total Current Assets | 965.8M | 1.2B | 1.3B | 1.4B | 1.4B | 1.4B | |
Accumulated Other Comprehensive Income | 11.7M | 25.5M | 25.5M | (17.0M) | (11.0M) | (10.5M) | |
Short Term Debt | 192.3M | 194.0M | 263.8M | 271.7M | 265.1M | 278.3M | |
Intangible Assets | 165.3M | 222.3M | 241.9M | 222.7M | 206.9M | 142.3M | |
Common Stock | 4.2M | 4.2M | 4.3M | 4.3M | 4.4M | 4.3M | |
Other Liab | 110.4M | 157.1M | 174.1M | 113.8M | 130.9M | 74.8M | |
Other Assets | 61.1M | 62.6M | 70.0M | 42.2M | 1.0 | 0.95 | |
Long Term Debt | 337.5M | 383.4M | 364.3M | 421.5M | 322.4M | 162.7M | |
Good Will | 724.2M | 872.4M | 932.9M | 926.2M | 936.6M | 983.4M | |
Property Plant Equipment | 147.2M | 173.6M | 172.7M | 172.3M | 198.2M | 208.1M | |
Current Deferred Revenue | 93.5M | 128.9M | 140.7M | 132.7M | 137.6M | 144.5M | |
Property Plant And Equipment Gross | 147.2M | 173.6M | 172.7M | 172.3M | 446.1M | 468.5M | |
Net Tangible Assets | (467.8M) | (591.5M) | (633.8M) | (594.9M) | (535.4M) | (562.2M) | |
Long Term Investments | 48.2M | 28.5M | 28.9M | 20.6M | 45.2M | 39.6M | |
Short Long Term Debt | 156.7M | 161.9M | 222.1M | 226.2M | 218.9M | 146.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Formula Systems 1985 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formula Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Formula Systems 1985 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Formula Systems 1985 Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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When running Formula Systems' price analysis, check to measure Formula Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.
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Is Formula Systems' industry 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 Formula Systems. If investors know Formula 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 Formula Systems 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 0.043 | Dividend Share 0.95 | Earnings Share 4.21 | Revenue Per Share 173.603 | Quarterly Revenue Growth 0.054 |
The market value of Formula Systems 1985 is measured differently than its book value, which is the value of Formula that is recorded on the company's balance sheet. Investors also form their own opinion of Formula Systems' value that differs from its market value or its book value, called intrinsic value, which is Formula Systems' 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 Formula Systems' market value can be influenced by many factors that don't directly affect Formula Systems' 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 Formula Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formula Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formula Systems' 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.