Foresight Property Plant Equipment vs Total Assets Analysis

FRSX Stock  USD 1.11  0.04  3.48%   
Foresight Autonomous financial indicator trend analysis is much more than just examining Foresight Autonomous latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foresight Autonomous is a good investment. Please check the relationship between Foresight Autonomous Property Plant Equipment and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foresight Autonomous Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foresight Autonomous Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Foresight Autonomous' Property Plant Equipment and Total Assets is 0.68. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Foresight Autonomous Holdings, assuming nothing else is changed. The correlation between historical values of Foresight Autonomous' Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Foresight Autonomous Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Foresight Autonomous' Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Foresight Autonomous assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Foresight Autonomous books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Foresight Autonomous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foresight Autonomous 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 Foresight Autonomous Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Foresight Autonomous' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 M in 2024.
 2023 2024 (projected)
Minority Interest66.6K59.2K
Reconciled Depreciation263K225.8K

Foresight Autonomous fundamental ratios Correlations

-0.9-0.91-0.67-0.84-0.96-0.78-0.6-0.83-0.81-0.69-0.9-0.9-0.90.640.86-0.68-0.4-0.67-0.91-0.22-0.140.13-0.02-0.93-0.68
-0.90.970.840.870.920.760.690.910.930.840.970.960.94-0.77-0.710.80.620.820.930.50.03-0.020.290.950.83
-0.910.970.750.770.90.690.670.880.840.760.940.930.95-0.72-0.730.760.490.750.910.40.16-0.140.130.970.76
-0.670.840.750.820.830.760.70.860.831.00.860.850.77-0.87-0.550.880.710.980.730.73-0.120.130.480.680.98
-0.840.870.770.820.90.860.680.880.930.810.930.890.8-0.6-0.750.630.690.760.890.58-0.270.280.430.80.77
-0.960.920.90.830.90.820.690.880.850.840.930.910.86-0.77-0.870.80.460.830.870.410.03-0.020.110.880.84
-0.780.760.690.760.860.820.620.820.890.720.820.790.71-0.54-0.660.560.610.670.790.51-0.240.250.380.710.68
-0.60.690.670.70.680.690.620.90.640.720.750.730.69-0.57-0.580.60.370.730.650.64-0.480.50.110.650.74
-0.830.910.880.860.880.880.820.90.890.860.960.950.91-0.7-0.670.740.630.840.90.64-0.260.270.310.870.85
-0.810.930.840.830.930.850.890.640.890.810.940.920.86-0.64-0.610.670.780.750.920.6-0.190.20.530.860.76
-0.690.840.761.00.810.840.720.720.860.810.860.860.79-0.88-0.580.90.670.990.730.7-0.10.110.430.690.99
-0.90.970.940.860.930.930.820.750.960.940.860.990.96-0.7-0.740.730.690.820.970.59-0.070.080.360.930.83
-0.90.960.930.850.890.910.790.730.950.920.860.990.98-0.72-0.670.760.690.820.960.53-0.030.040.360.940.83
-0.90.940.950.770.80.860.710.690.910.860.790.960.98-0.67-0.650.710.640.750.950.460.1-0.090.280.970.76
0.64-0.77-0.72-0.87-0.6-0.77-0.54-0.57-0.7-0.64-0.88-0.7-0.72-0.670.49-1.0-0.38-0.92-0.54-0.38-0.10.09-0.13-0.62-0.92
0.86-0.71-0.73-0.55-0.75-0.87-0.66-0.58-0.67-0.61-0.58-0.74-0.67-0.650.49-0.52-0.14-0.58-0.69-0.27-0.080.060.17-0.74-0.59
-0.680.80.760.880.630.80.560.60.740.670.90.730.760.71-1.0-0.520.40.930.590.390.1-0.090.130.660.93
-0.40.620.490.710.690.460.610.370.630.780.670.690.690.64-0.38-0.140.40.580.690.73-0.20.20.920.520.58
-0.670.820.750.980.760.830.670.730.840.750.990.820.820.75-0.92-0.580.930.580.670.67-0.080.090.330.671.0
-0.910.930.910.730.890.870.790.650.90.920.730.970.960.95-0.54-0.690.590.690.670.48-0.020.030.370.940.68
-0.220.50.40.730.580.410.510.640.640.60.70.590.530.46-0.38-0.270.390.730.670.48-0.430.430.680.350.67
-0.140.030.16-0.12-0.270.03-0.24-0.48-0.26-0.19-0.1-0.07-0.030.1-0.1-0.080.1-0.2-0.08-0.02-0.43-1.0-0.30.12-0.08
0.13-0.02-0.140.130.28-0.020.250.50.270.20.110.080.04-0.090.090.06-0.090.20.090.030.43-1.00.29-0.110.09
-0.020.290.130.480.430.110.380.110.310.530.430.360.360.28-0.130.170.130.920.330.370.68-0.30.290.160.33
-0.930.950.970.680.80.880.710.650.870.860.690.930.940.97-0.62-0.740.660.520.670.940.350.12-0.110.160.68
-0.680.830.760.980.770.840.680.740.850.760.990.830.830.76-0.92-0.590.930.581.00.680.67-0.080.090.330.68
Click cells to compare fundamentals

Foresight Autonomous Account Relationship Matchups

Foresight Autonomous fundamental ratios Accounts

201920202021202220232024 (projected)
Retained Earnings(49.4M)(64.7M)(79.8M)(101.5M)(119.9M)(113.9M)
Other Stockholder Equity65.7M111.7M128.2M129.8M135.3M68.3M
Common Stock Shares Outstanding5.0M7.3M10.7M10.8M11.0M6.3M
Total Stockholder Equity16.3M47.0M48.4M28.3M15.4M25.4M
Net Tangible Assets23.6M16.3M47.0M48.4M55.7M58.4M
Non Current Liabilities Total1.0M853K2.1M1.5M1.2M1.2M
Total Liab3.0M2.9M4.8M4.1M3.3M2.9M
Total Assets19.3M50.0M53.5M32.9M19.3M32.1M
Other Current Liab1.1M1.2M1.9M1.8M1.5M1.3M
Total Current Liabilities2.0M2.0M2.7M2.6M2.2M2.0M
Property Plant And Equipment Net1.9M1.5M3.1M2.8M2.3M1.7M
Net Debt(3.4M)(37.5M)(25.3M)(17.2M)(14.1M)(14.8M)
Accounts Payable498K391K253K315K136K129.2K
Cash4.8M38.8M28.1M19.2M15.7M16.9M
Non Current Assets Total8.6M5.6M7.1M5.6M2.3M2.1M
Non Currrent Assets Other8.4M(8.6M)(7.1M)(5.6M)(1.0)(1.05)
Cash And Short Term Investments10.1M44.0M45.6M26.4M16.2M25.6M
Net Receivables613K401K660K842K692K559.7K
Short Term Investments5.3M5.2M17.5M7.2M474K450.3K
Liabilities And Stockholders Equity19.3M50.0M53.5M32.9M19.3M32.1M
Inventory(5.8M)(557K)114K(278K)1.01.05
Other Current Assets5.8M557K1K380K147K139.7K
Long Term Investments7.6M6.7M4.1M4.0M2.8M0.0
Property Plant And Equipment Gross1.9M1.5M3.1M2.8M3.6M1.9M
Total Current Assets10.7M44.4M46.4M27.3M17.0M26.2M
Property Plant Equipment787K1.9M1.5M3.1M3.6M3.7M
Net Invested Capital16.3M47.0M48.4M28.3M15.4M14.6M
Net Working Capital8.7M42.4M43.7M24.7M14.9M27.2M

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When determining whether Foresight Autonomous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Foresight Autonomous' 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 Foresight Autonomous Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Foresight Autonomous Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foresight Autonomous Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is Foresight Autonomous' 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 Foresight Autonomous. If investors know Foresight 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 Foresight Autonomous listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.47)
Revenue Per Share
0.03
Quarterly Revenue Growth
0.394
Return On Assets
(0.39)
Return On Equity
(0.82)
The market value of Foresight Autonomous is measured differently than its book value, which is the value of Foresight that is recorded on the company's balance sheet. Investors also form their own opinion of Foresight Autonomous' value that differs from its market value or its book value, called intrinsic value, which is Foresight Autonomous' 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 Foresight Autonomous' market value can be influenced by many factors that don't directly affect Foresight Autonomous' 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 Foresight Autonomous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Foresight Autonomous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foresight Autonomous' 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.