Fortress Accounts Payable vs Other Assets Analysis

FTAI Stock  USD 84.47  3.92  4.87%   
Fortress Transp financial indicator trend analysis is much more than just examining Fortress Transp Infra latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortress Transp Infra is a good investment. Please check the relationship between Fortress Transp Accounts Payable and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transp Infra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortress Transp Infra Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fortress Transp's Accounts Payable and Other Assets is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Fortress Transp Infra, assuming nothing else is changed. The correlation between historical values of Fortress Transp's Accounts Payable and Other 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 Accounts Payable of Fortress Transp Infra are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Fortress Transp's Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Fortress Transp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fortress Transp Infra are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Assets

Most indicators from Fortress Transp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortress Transp Infra 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 Fortress Transp Infra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
As of now, Fortress Transp's Issuance Of Capital Stock is decreasing as compared to previous years. The Fortress Transp's current Enterprise Value is estimated to increase to about 7.4 B, while Selling General Administrative is projected to decrease to under 13.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense171.0M169.2M162.3M170.5M
Depreciation And Amortization229.7M230.4M185.0M133.0M

Fortress Transp fundamental ratios Correlations

0.91-0.140.980.560.990.880.980.520.990.840.520.060.850.930.410.490.660.940.990.67-0.750.80.770.910.21
0.91-0.150.910.210.911.00.930.280.910.910.270.120.861.00.510.430.351.00.930.61-0.580.770.671.00.12
-0.14-0.15-0.16-0.1-0.12-0.18-0.130.28-0.12-0.170.28-0.80.09-0.150.24-0.32-0.13-0.15-0.09-0.220.13-0.57-0.16-0.14-0.83
0.980.91-0.160.520.980.890.990.450.980.810.450.050.820.930.390.480.60.940.970.61-0.670.840.760.910.2
0.560.21-0.10.520.560.140.50.680.560.210.69-0.050.260.25-0.230.40.970.260.510.39-0.570.350.610.190.29
0.990.91-0.120.980.560.880.980.471.00.850.47-0.020.870.920.380.450.660.930.990.57-0.740.780.810.90.17
0.881.0-0.180.890.140.880.90.180.880.90.170.130.850.990.510.410.290.990.90.56-0.540.770.650.990.12
0.980.93-0.130.990.50.980.90.440.980.840.440.00.830.940.40.510.60.950.980.59-0.650.830.780.920.13
0.520.280.280.450.680.470.180.440.480.231.0-0.110.340.30.120.220.650.310.460.64-0.510.220.380.27-0.01
0.990.91-0.120.980.561.00.880.980.480.860.470.00.860.930.380.460.660.930.990.59-0.730.780.810.910.17
0.840.91-0.170.810.210.850.90.840.230.860.230.00.850.90.270.480.390.90.840.39-0.570.670.820.910.03
0.520.270.280.450.690.470.170.441.00.470.23-0.120.350.290.120.230.660.30.450.63-0.520.220.380.26-0.01
0.060.12-0.80.05-0.05-0.020.130.0-0.110.00.0-0.12-0.220.10.010.16-0.040.1-0.010.5-0.110.43-0.130.110.87
0.850.860.090.820.260.870.850.830.340.860.850.35-0.220.870.510.250.380.870.90.41-0.710.570.640.87-0.1
0.931.0-0.150.930.250.920.990.940.30.930.90.290.10.870.50.420.381.00.940.6-0.60.780.691.00.13
0.410.510.240.39-0.230.380.510.40.120.380.270.120.010.510.5-0.05-0.190.490.450.48-0.290.32-0.190.53-0.13
0.490.43-0.320.480.40.450.410.510.220.460.480.230.160.250.42-0.050.540.420.410.45-0.310.620.50.420.12
0.660.35-0.130.60.970.660.290.60.650.660.390.66-0.040.380.38-0.190.540.390.610.43-0.650.450.720.330.27
0.941.0-0.150.940.260.930.990.950.310.930.90.30.10.871.00.490.420.390.950.6-0.610.790.71.00.13
0.990.93-0.090.970.510.990.90.980.460.990.840.45-0.010.90.940.450.410.610.950.6-0.730.770.750.930.14
0.670.61-0.220.610.390.570.560.590.640.590.390.630.50.410.60.480.450.430.60.6-0.560.650.220.610.41
-0.75-0.580.13-0.67-0.57-0.74-0.54-0.65-0.51-0.73-0.57-0.52-0.11-0.71-0.6-0.29-0.31-0.65-0.61-0.73-0.56-0.58-0.53-0.58-0.38
0.80.77-0.570.840.350.780.770.830.220.780.670.220.430.570.780.320.620.450.790.770.65-0.580.550.770.49
0.770.67-0.160.760.610.810.650.780.380.810.820.38-0.130.640.69-0.190.50.720.70.750.22-0.530.550.660.08
0.911.0-0.140.910.190.90.990.920.270.910.910.260.110.871.00.530.420.331.00.930.61-0.580.770.660.11
0.210.12-0.830.20.290.170.120.13-0.010.170.03-0.010.87-0.10.13-0.130.120.270.130.140.41-0.380.490.080.11
Click cells to compare fundamentals

Fortress Transp Account Relationship Matchups

Fortress Transp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.4B4.9B2.4B3.0B2.4B
Short Long Term Debt Total1.5B2.0B3.3B2.2B2.5B1.3B
Other Current Liab(12.6M)(22.2M)(96.7M)(70.4M)6.4M6.7M
Total Current Liabilities144.9M113.2M202.7M86.5M112.9M88.3M
Total Stockholder Equity1.3B1.1B1.1B18.9M175.3M166.6M
Property Plant And Equipment Net2.5B2.7B3.5B1.9B2.1B1.8B
Net Debt1.2B1.8B3.1B2.1B2.4B1.2B
Accounts Payable121.5M110.4M198.8M86.5M106.5M82.4M
Cash226.5M121.7M188.1M33.6M90.9M119.4M
Non Current Assets Total2.9B3.1B4.2B2.3B2.5B2.1B
Non Currrent Assets Other99.0M177.9M263.6M270.0M117.4M113.4M
Cash And Short Term Investments226.5M121.7M188.1M33.6M90.9M121.1M
Net Receivables57.8M98.6M182.8M99.4M115.2M93.5M
Common Stock Shares Outstanding86.0M86.0M89.9M99.4M100.4M84.7M
Liabilities And Stockholders Equity3.2B3.4B4.9B2.4B3.0B2.4B
Non Current Liabilities Total1.8B2.2B3.5B2.3B2.7B1.5B
Inventory15.2M58.3M107.1M(8.6M)316.6M332.5M
Other Current Assets805K(18.6M)144.9M28.1M(1.0)(0.95)
Other Stockholder Equity1.1B1.1B1.4B343.4M257.0M244.1M
Total Liab1.9B2.3B3.7B2.4B2.8B1.6B
Property Plant And Equipment Gross2.5B2.7B3.5B1.9B2.6B1.8B
Total Current Assets300.3M260.0M622.9M152.5M522.7M323.7M
Accumulated Other Comprehensive Income0.0372K(26.2M)(156.4M)(1.0M)(1.1M)
Common Stock849K856K992K997K1.0M951.9K
Other Liab40.9M23.4M96.3M36.5M41.9M40.2M
Other Assets1.7B2.0B2.5B2.1B1.00.95
Long Term Debt1.4B1.9B3.2B2.2B2.5B1.4B
Short Term Debt36.0M25M100.5M70.4M63.4M75.7M
Property Plant Equipment2.4B2.6B1.6B13.0M15.0M14.2M
Net Tangible Assets1.2B935.0M768.3M(30.0M)(27.0M)(25.7M)
Retained Earnings190.5M(28.2M)(132.4M)(325.6M)(81.8M)(85.9M)
Deferred Long Term Liab1.5M1.7M1.6M2.9M2.6M2.0M
Long Term Investments180.6M146.5M77.3M22.0M22.7M21.6M
Short Long Term Debt219.8M111.0M25M100.5M115.6M90.1M
Intangible Assets27.7M18.8M98.7M42.0M50.6M49.7M
Noncontrolling Interest In Consolidated Entity56.4M37.0M22.7M(192K)(172.8K)(164.2K)

Currently Active Assets on Macroaxis

When determining whether Fortress Transp Infra offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortress Transp's 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 Fortress Transp Infra Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortress Transp Infra Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transp Infra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Fortress Transp Infra information on this page should be used as a complementary analysis to other Fortress Transp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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Is Fortress Transp's 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 Fortress Transp. If investors know Fortress 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 Fortress Transp 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
0.409
Dividend Share
1.2
Earnings Share
2.2
Revenue Per Share
12.044
Quarterly Revenue Growth
0.116
The market value of Fortress Transp Infra is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transp's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transp's 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 Fortress Transp's market value can be influenced by many factors that don't directly affect Fortress Transp's 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 Fortress Transp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transp's 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.