Forte Net Working Capital from 2010 to 2024

FBRX Stock  USD 19.79  3.11  18.65%   
Forte Biosciences Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Forte Biosciences Net Working Capital regression line of annual values had r-squared of  0.57 and arithmetic mean of  17,751,594. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
34.7 M
Current Value
38.9 M
Quarterly Volatility
18.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forte Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forte Biosciences' main balance sheet or income statement drivers, such as Interest Income of 1.3 M, Depreciation And Amortization of 8.6 K or Interest Expense of 14.5 K, as well as many indicators such as Price To Sales Ratio of 9.98, Dividend Yield of 0.0 or PTB Ratio of 0.7. Forte financial statements analysis is a perfect complement when working with Forte Biosciences Valuation or Volatility modules.
  
Check out the analysis of Forte Biosciences Correlation against competitors.
For more information on how to buy Forte Stock please use our How to Invest in Forte Biosciences guide.

Latest Forte Biosciences' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Forte Biosciences over the last few years. It is Forte Biosciences' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forte Biosciences' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Forte Net Working Capital Regression Statistics

Arithmetic Mean17,751,594
Geometric Mean10,901,276
Coefficient Of Variation103.84
Mean Deviation16,209,792
Median5,594,250
Standard Deviation18,432,917
Sample Variance339.8T
Range52M
R-Value0.75
Mean Square Error158.8T
R-Squared0.57
Significance0
Slope3,101,059
Total Sum of Squares4756.8T

Forte Net Working Capital History

202438.9 M
202334.7 M
202238.3 M
202140.8 M
202057.6 M

About Forte Biosciences Financial Statements

Forte Biosciences investors use historical fundamental indicators, such as Forte Biosciences' Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forte Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital34.7 M38.9 M

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Additional Tools for Forte Stock Analysis

When running Forte Biosciences' price analysis, check to measure Forte Biosciences' 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 Forte Biosciences is operating at the current time. Most of Forte Biosciences' value examination focuses on studying past and present price action to predict the probability of Forte Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forte Biosciences' price. Additionally, you may evaluate how the addition of Forte Biosciences to your portfolios can decrease your overall portfolio volatility.