Fortress Net Receivables vs Long Term Investments Analysis

FTAIN Stock

USD 25.30 0.16 0.63%

Fortress Transportation financial indicator trend analysis is much more than just examining Fortress Transportation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortress Transportation is a good investment. Please check the relationship between Fortress Transportation Net Receivables and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Receivables vs Long Term Investments

Net Receivables vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortress Transportation Net Receivables account and Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Fortress Transportation's Net Receivables and Long Term Investments is -0.09. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Fortress Transportation and, assuming nothing else is changed. The correlation between historical values of Fortress Transportation's Net Receivables and Long 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 Net Receivables of Fortress Transportation and are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Receivables i.e., Fortress Transportation's Net Receivables and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Long Term Investments

Long Term Investments is an item on the asset side of Fortress Transportation balance sheet that represents investments Fortress Transportation intends to hold for over a year. Fortress Transportation and long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Fortress Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortress Transportation 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 Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Fortress Transportation's Issuance Of Capital Stock is very stable compared to the past year. As of the 29th of June 2024, Enterprise Value is likely to grow to about 7.4 B, while Selling General Administrative is likely to drop about 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

Interest Expense Depreciation And Amortization

Fortress Transportation fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Current Deferred Revenue	Good Will	Intangible Assets	Retained Earnings
Total Assets		0.91	-0.14	0.98	0.56	0.99	0.88	0.98	0.52	0.99	0.84	0.52	0.06	0.85	0.93	0.42	0.49	0.66	0.94	0.67	-0.75	-0.17	0.5	0.25	0.14	-0.16
Short Long Term Debt Total	0.91		-0.15	0.91	0.21	0.91	1.0	0.93	0.28	0.91	0.91	0.27	0.12	0.86	1.0	0.53	0.43	0.35	1.0	0.61	-0.58	-0.24	0.64	0.29	0.28	-0.4
Other Current Liab	-0.14	-0.15		-0.16	-0.1	-0.12	-0.18	-0.13	0.28	-0.12	-0.17	0.28	-0.8	0.09	-0.15	0.26	-0.32	-0.13	-0.15	-0.22	0.13	-0.4	-0.23	-0.35	-0.24	0.16
Total Current Liabilities	0.98	0.91	-0.16		0.52	0.98	0.89	0.99	0.45	0.98	0.81	0.45	0.05	0.82	0.93	0.41	0.48	0.6	0.94	0.61	-0.67	-0.24	0.59	0.27	0.19	-0.1
Total Stockholder Equity	0.56	0.21	-0.1	0.52		0.56	0.14	0.5	0.68	0.56	0.21	0.69	-0.05	0.26	0.25	-0.24	0.4	0.97	0.26	0.39	-0.57	0.09	-0.16	0.21	-0.17	0.42
Property Plant And Equipment Net	0.99	0.91	-0.12	0.98	0.56		0.88	0.98	0.47	1.0	0.85	0.47	-0.02	0.87	0.92	0.4	0.45	0.66	0.93	0.57	-0.74	-0.27	0.55	0.27	0.07	-0.16
Net Debt	0.88	1.0	-0.18	0.89	0.14	0.88		0.9	0.18	0.88	0.9	0.17	0.13	0.85	0.99	0.53	0.41	0.29	0.99	0.56	-0.54	-0.27	0.69	0.3	0.29	-0.44
Accounts Payable	0.98	0.93	-0.13	0.99	0.5	0.98	0.9		0.44	0.98	0.84	0.44	0.0	0.83	0.94	0.42	0.51	0.6	0.95	0.59	-0.65	-0.27	0.58	0.3	0.22	-0.17
Cash	0.52	0.28	0.28	0.45	0.68	0.47	0.18	0.44		0.48	0.23	1.0	-0.11	0.34	0.3	0.11	0.22	0.65	0.31	0.64	-0.51	0.3	-0.36	0.04	-0.03	0.23
Non Current Assets Total	0.99	0.91	-0.12	0.98	0.56	1.0	0.88	0.98	0.48		0.86	0.47	0.0	0.86	0.93	0.39	0.46	0.66	0.93	0.59	-0.73	-0.25	0.55	0.28	0.09	-0.17
Non Currrent Assets Other	0.84	0.91	-0.17	0.81	0.21	0.85	0.9	0.84	0.23	0.86		0.23	0.0	0.85	0.9	0.29	0.48	0.39	0.9	0.39	-0.57	-0.26	0.57	0.53	0.18	-0.59
Cash And Short Term Investments	0.52	0.27	0.28	0.45	0.69	0.47	0.17	0.44	1.0	0.47	0.23		-0.12	0.35	0.29	0.11	0.23	0.66	0.3	0.63	-0.52	0.3	-0.36	0.03	-0.03	0.24
Net Receivables	0.06	0.12	-0.8	0.05	-0.05	-0.02	0.13	0.0	-0.11	0.0	0.0	-0.12		-0.22	0.1	-0.02	0.16	-0.04	0.1	0.5	-0.11	0.71	0.0	0.11	0.35	-0.09
Common Stock Shares Outstanding	0.85	0.86	0.09	0.82	0.26	0.87	0.85	0.83	0.34	0.86	0.85	0.35	-0.22		0.87	0.53	0.25	0.38	0.87	0.41	-0.71	-0.38	0.57	0.12	-0.09	-0.38
Non Current Liabilities Total	0.93	1.0	-0.15	0.93	0.25	0.92	0.99	0.94	0.3	0.93	0.9	0.29	0.1	0.87		0.52	0.42	0.38	1.0	0.6	-0.6	-0.25	0.65	0.29	0.25	-0.37
Inventory	0.42	0.53	0.26	0.41	-0.24	0.4	0.53	0.42	0.11	0.39	0.29	0.11	-0.02	0.53	0.52		-0.06	-0.2	0.51	0.46	-0.3	-0.19	0.47	-0.56	0.19	-0.17
Other Current Assets	0.49	0.43	-0.32	0.48	0.4	0.45	0.41	0.51	0.22	0.46	0.48	0.23	0.16	0.25	0.42	-0.06		0.54	0.42	0.45	-0.31	0.17	0.02	0.61	0.72	-0.32
Other Stockholder Equity	0.66	0.35	-0.13	0.6	0.97	0.66	0.29	0.6	0.65	0.66	0.39	0.66	-0.04	0.38	0.38	-0.2	0.54		0.39	0.43	-0.65	0.08	-0.11	0.34	-0.05	0.19
Total Liab	0.94	1.0	-0.15	0.94	0.26	0.93	0.99	0.95	0.31	0.93	0.9	0.3	0.1	0.87	1.0	0.51	0.42	0.39		0.6	-0.61	-0.25	0.65	0.29	0.24	-0.36
Total Current Assets	0.67	0.61	-0.22	0.61	0.39	0.57	0.56	0.59	0.64	0.59	0.39	0.63	0.5	0.41	0.6	0.46	0.45	0.43	0.6		-0.56	0.5	-0.01	0.0	0.43	-0.05
Common Stock	-0.75	-0.58	0.13	-0.67	-0.57	-0.74	-0.54	-0.65	-0.51	-0.73	-0.57	-0.52	-0.11	-0.71	-0.6	-0.3	-0.31	-0.65	-0.61	-0.56		-0.13	-0.18	-0.05	0.16	0.15
Short Term Debt	-0.17	-0.24	-0.4	-0.24	0.09	-0.27	-0.27	-0.27	0.3	-0.25	-0.26	0.3	0.71	-0.38	-0.25	-0.19	0.17	0.08	-0.25	0.5	-0.13		-0.64	0.05	0.28	-0.03
Current Deferred Revenue	0.5	0.64	-0.23	0.59	-0.16	0.55	0.69	0.58	-0.36	0.55	0.57	-0.36	0.0	0.57	0.65	0.47	0.02	-0.11	0.65	-0.01	-0.18	-0.64		0.02	0.03	-0.19
Good Will	0.25	0.29	-0.35	0.27	0.21	0.27	0.3	0.3	0.04	0.28	0.53	0.03	0.11	0.12	0.29	-0.56	0.61	0.34	0.29	0.0	-0.05	0.05	0.02		0.33	-0.42
Intangible Assets	0.14	0.28	-0.24	0.19	-0.17	0.07	0.29	0.22	-0.03	0.09	0.18	-0.03	0.35	-0.09	0.25	0.19	0.72	-0.05	0.24	0.43	0.16	0.28	0.03	0.33		-0.32
Retained Earnings	-0.16	-0.4	0.16	-0.1	0.42	-0.16	-0.44	-0.17	0.23	-0.17	-0.59	0.24	-0.09	-0.38	-0.37	-0.17	-0.32	0.19	-0.36	-0.05	0.15	-0.03	-0.19	-0.42	-0.32

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Fortress Transportation Account Relationship Matchups

Fortress Transportation 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
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
Short Term Debt	36.0M	25M	100.5M	70.4M	63.4M	75.7M
Intangible Assets	27.7M	18.8M	98.7M	42.0M	50.6M	49.7M
Retained Earnings	190.5M	(28.2M)	(132.4M)	(325.6M)	(81.8M)	(85.9M)
Other Liab	41.1M	23.4M	96.3M	36.5M	32.8M	42.0M
Net Tangible Assets	1.1B	928.6M	763.2M	(30.0M)	(27.0M)	(25.7M)
Other Assets	1.7B	1.7B	2.0B	2.1B	1.0	0.95
Long Term Debt	1.4B	1.9B	3.2B	2.2B	2.5B	2.3B
Net Invested Capital	2.7B	3.0B	4.3B	2.2B	2.7B	3.1B
Long Term Investments	180.6M	146.5M	77.3M	22.0M	22.7M	21.6M
Capital Stock	930K	947K	1.1M	1.1M	1.2M	1.1M
Non Current Liabilities Other	295.3M	208.7M	243.3M	148.0M	158.6M	171.9M
Net Working Capital	155.4M	146.9M	420.2M	66.1M	230.2M	201.6M

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Additional Information and Resources on Investing in Fortress Stock

When determining whether Fortress Transportation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortress Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortress Transportation And Stock. Highlighted below are key reports to facilitate an investment decision about Fortress Transportation And Stock:

How To Invest In Fortress

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Is Fortress Stock a good investment?

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What is Fortress Transportation's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Industrial Machinery & Supplies & Components space 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 Transportation. 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 Transportation 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

(3.47)

Revenue Per Share

12.044

Quarterly Revenue Growth

0.116

The market value of Fortress Transportation 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 Transportation's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transportation'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 Transportation's market value can be influenced by many factors that don't directly affect Fortress Transportation'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 Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transportation'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.

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Fortress Net Receivables vs Long Term Investments Analysis

Net Receivables vs Long Term Investments

Net Receivables vs Long Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Long Term Investments

Fortress Transportation fundamental ratios Correlations

Fortress Transportation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fortress Transportation fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Fortress Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Net Receivables	- 0.8	Other Current Liab
Common Stock	- 0.75	Total Assets
Common Stock	- 0.74	Property Plant And Equipment Net
Common Stock	- 0.73	Non Current Assets Total
Common Stock	- 0.71	Common Stock Shares Outstanding
Common Stock	- 0.67	Total Current Liabilities