Fortress Other Liab vs Non Current Assets Total 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 Other Liab and its Non Current Assets Total 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.
Other Liab vs Non Current Assets Total
Other Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortress Transp Infra Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fortress Transp's Other Liab and Non Current Assets Total is 0.78. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total 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 Other Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Fortress Transp Infra are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Liab i.e., Fortress Transp's Other Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible 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 Expense | 171.0M | 169.2M | 162.3M | 170.5M | Depreciation And Amortization | 229.7M | 230.4M | 185.0M | 133.0M |
Fortress Transp fundamental ratios Correlations
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Fortress Transp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fortress Transp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 3.4B | 4.9B | 2.4B | 3.0B | 2.4B | |
Short Long Term Debt Total | 1.5B | 2.0B | 3.3B | 2.2B | 2.5B | 1.3B | |
Other Current Liab | (12.6M) | (22.2M) | (96.7M) | (70.4M) | 6.4M | 6.7M | |
Total Current Liabilities | 144.9M | 113.2M | 202.7M | 86.5M | 112.9M | 88.3M | |
Total Stockholder Equity | 1.3B | 1.1B | 1.1B | 18.9M | 175.3M | 166.6M | |
Property Plant And Equipment Net | 2.5B | 2.7B | 3.5B | 1.9B | 2.1B | 1.8B | |
Net Debt | 1.2B | 1.8B | 3.1B | 2.1B | 2.4B | 1.2B | |
Accounts Payable | 121.5M | 110.4M | 198.8M | 86.5M | 106.5M | 82.4M | |
Cash | 226.5M | 121.7M | 188.1M | 33.6M | 90.9M | 119.4M | |
Non Current Assets Total | 2.9B | 3.1B | 4.2B | 2.3B | 2.5B | 2.1B | |
Non Currrent Assets Other | 99.0M | 177.9M | 263.6M | 270.0M | 117.4M | 113.4M | |
Cash And Short Term Investments | 226.5M | 121.7M | 188.1M | 33.6M | 90.9M | 121.1M | |
Net Receivables | 57.8M | 98.6M | 182.8M | 99.4M | 115.2M | 93.5M | |
Common Stock Shares Outstanding | 86.0M | 86.0M | 89.9M | 99.4M | 100.4M | 84.7M | |
Liabilities And Stockholders Equity | 3.2B | 3.4B | 4.9B | 2.4B | 3.0B | 2.4B | |
Non Current Liabilities Total | 1.8B | 2.2B | 3.5B | 2.3B | 2.7B | 1.5B | |
Inventory | 15.2M | 58.3M | 107.1M | (8.6M) | 316.6M | 332.5M | |
Other Current Assets | 805K | (18.6M) | 144.9M | 28.1M | (1.0) | (0.95) | |
Other Stockholder Equity | 1.1B | 1.1B | 1.4B | 343.4M | 257.0M | 244.1M | |
Total Liab | 1.9B | 2.3B | 3.7B | 2.4B | 2.8B | 1.6B | |
Property Plant And Equipment Gross | 2.5B | 2.7B | 3.5B | 1.9B | 2.6B | 1.8B | |
Total Current Assets | 300.3M | 260.0M | 622.9M | 152.5M | 522.7M | 323.7M | |
Accumulated Other Comprehensive Income | 0.0 | 372K | (26.2M) | (156.4M) | (1.0M) | (1.1M) | |
Common Stock | 849K | 856K | 992K | 997K | 1.0M | 951.9K | |
Other Liab | 40.9M | 23.4M | 96.3M | 36.5M | 41.9M | 40.2M | |
Other Assets | 1.7B | 2.0B | 2.5B | 2.1B | 1.0 | 0.95 | |
Long Term Debt | 1.4B | 1.9B | 3.2B | 2.2B | 2.5B | 1.4B | |
Short Term Debt | 36.0M | 25M | 100.5M | 70.4M | 63.4M | 75.7M | |
Property Plant Equipment | 2.4B | 2.6B | 1.6B | 13.0M | 15.0M | 14.2M | |
Net Tangible Assets | 1.2B | 935.0M | 768.3M | (30.0M) | (27.0M) | (25.7M) | |
Retained Earnings | 190.5M | (28.2M) | (132.4M) | (325.6M) | (81.8M) | (85.9M) | |
Deferred Long Term Liab | 1.5M | 1.7M | 1.6M | 2.9M | 2.6M | 2.0M | |
Long Term Investments | 180.6M | 146.5M | 77.3M | 22.0M | 22.7M | 21.6M | |
Short Long Term Debt | 219.8M | 111.0M | 25M | 100.5M | 115.6M | 90.1M | |
Intangible Assets | 27.7M | 18.8M | 98.7M | 42.0M | 50.6M | 49.7M | |
Noncontrolling Interest In Consolidated Entity | 56.4M | 37.0M | 22.7M | (192K) | (172.8K) | (164.2K) |
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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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Fortress Transp's price analysis, check to measure Fortress Transp's 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 Fortress Transp is operating at the current time. Most of Fortress Transp's value examination focuses on studying past and present price action to predict the probability of Fortress Transp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortress Transp's price. Additionally, you may evaluate how the addition of Fortress Transp to your portfolios can decrease your overall portfolio volatility.
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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.