Foghorn Net Invested Capital vs Net Debt Analysis

FHTX Stock

USD 7.79 0.27 3.59%

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

For more information on how to buy Foghorn Stock please use our How to Invest in Foghorn Therapeutics guide.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foghorn Therapeutics Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Foghorn Therapeutics' Net Invested Capital and Net Debt is -0.05. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Foghorn Therapeutics, assuming nothing else is changed. The correlation between historical values of Foghorn Therapeutics' Net Invested Capital and Net Debt 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 Invested Capital of Foghorn Therapeutics are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Foghorn Therapeutics' Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

For more information on how to buy Foghorn Stock please use our How to Invest in Foghorn Therapeutics guide.Selling General Administrative is likely to drop to about 19.7 M in 2024. Tax Provision is likely to drop to about 2.3 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	7.5M	3.3M	3.5M	3.9M
Interest Income	2.6M	5.7M	10.6M	11.1M

Depreciation And Amortization Interest Income

Foghorn Therapeutics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital
Total Assets		0.86	0.43	0.63	0.55	0.89	0.73	0.93	-0.48	-0.8	0.78	0.7	0.94	0.73	0.71	0.89	0.85	0.8	0.73	0.8	0.94	0.93	0.49	0.96	1.0	0.99
Short Long Term Debt Total	0.86		0.54	0.48	0.68	0.65	0.88	0.98	-0.27	-0.73	0.76	0.57	0.98	0.54	0.62	0.92	0.81	0.85	0.53	0.99	0.92	0.69	0.66	0.78	0.82	0.82
Other Current Liab	0.43	0.54		0.5	0.8	0.12	0.63	0.52	-0.56	-0.03	0.14	0.61	0.53	0.46	0.76	0.39	0.49	0.23	-0.19	0.51	0.39	0.19	0.8	0.27	0.4	0.43
Total Current Liabilities	0.63	0.48	0.5		0.11	0.66	0.18	0.55	-0.95	-0.64	0.67	0.98	0.6	0.98	0.59	0.57	0.84	0.61	0.07	0.46	0.63	0.71	0.06	0.69	0.63	0.62
Total Stockholder Equity	0.55	0.68	0.8	0.11		0.16	0.91	0.65	-0.09	-0.06	0.1	0.26	0.63	0.14	0.7	0.47	0.34	0.26	0.22	0.62	0.47	0.23	1.0	0.32	0.52	0.57
Other Liab	0.89	0.65	0.12	0.66	0.16		0.42	0.76	-0.5	-0.89	0.88	0.66	0.78	0.78	0.48	0.85	0.83	0.79	0.78	0.63	0.89	0.99	0.1	0.98	0.9	0.87
Net Tangible Assets	0.73	0.88	0.63	0.18	0.91	0.42		0.86	-0.06	-0.41	0.41	0.34	0.83	0.27	0.58	0.71	0.56	0.51	0.48	0.85	0.73	0.46	0.89	0.57	0.7	0.73
Property Plant And Equipment Net	0.93	0.98	0.52	0.55	0.65	0.76	0.86		-0.35	-0.79	0.81	0.64	1.0	0.63	0.64	0.95	0.87	0.86	0.61	0.97	0.97	0.79	0.61	0.87	0.9	0.89
Net Debt	-0.48	-0.27	-0.56	-0.95	-0.09	-0.5	-0.06	-0.35		0.41	-0.45	-0.93	-0.41	-0.92	-0.56	-0.36	-0.7	-0.35	0.1	-0.25	-0.44	-0.55	-0.05	-0.52	-0.48	-0.48
Retained Earnings	-0.8	-0.73	-0.03	-0.64	-0.06	-0.89	-0.41	-0.79	0.41		-0.95	-0.64	-0.81	-0.73	-0.27	-0.84	-0.87	-0.88	-0.65	-0.75	-0.9	-0.88	-0.01	-0.9	-0.79	-0.75
Accounts Payable	0.78	0.76	0.14	0.67	0.1	0.88	0.41	0.81	-0.45	-0.95		0.65	0.82	0.74	0.38	0.92	0.89	0.94	0.6	0.79	0.91	0.86	0.07	0.89	0.76	0.71
Cash	0.7	0.57	0.61	0.98	0.26	0.66	0.34	0.64	-0.93	-0.64	0.65		0.69	0.98	0.64	0.61	0.88	0.61	0.1	0.55	0.69	0.71	0.22	0.72	0.7	0.69
Non Current Assets Total	0.94	0.98	0.53	0.6	0.63	0.78	0.83	1.0	-0.41	-0.81	0.82	0.69		0.68	0.66	0.95	0.89	0.87	0.59	0.96	0.97	0.81	0.59	0.88	0.91	0.9
Non Currrent Assets Other	0.73	0.54	0.46	0.98	0.14	0.78	0.27	0.63	-0.92	-0.73	0.74	0.98	0.68		0.58	0.65	0.9	0.64	0.23	0.52	0.73	0.81	0.09	0.79	0.73	0.71
Other Assets	0.71	0.62	0.76	0.59	0.7	0.48	0.58	0.64	-0.56	-0.27	0.38	0.64	0.66	0.58		0.59	0.55	0.54	0.27	0.53	0.57	0.58	0.68	0.59	0.71	0.73
Long Term Debt	0.89	0.92	0.39	0.57	0.47	0.85	0.71	0.95	-0.36	-0.84	0.92	0.61	0.95	0.65	0.59		0.88	0.92	0.67	0.92	0.97	0.85	0.44	0.91	0.86	0.84
Cash And Short Term Investments	0.85	0.81	0.49	0.84	0.34	0.83	0.56	0.87	-0.7	-0.87	0.89	0.88	0.89	0.9	0.55	0.88		0.82	0.41	0.82	0.93	0.84	0.3	0.89	0.83	0.81
Common Stock Shares Outstanding	0.8	0.85	0.23	0.61	0.26	0.79	0.51	0.86	-0.35	-0.88	0.94	0.61	0.87	0.64	0.54	0.92	0.82		0.59	0.85	0.89	0.81	0.23	0.85	0.78	0.75
Non Current Liabilities Total	0.73	0.53	-0.19	0.07	0.22	0.78	0.48	0.61	0.1	-0.65	0.6	0.1	0.59	0.23	0.27	0.67	0.41	0.59		0.49	0.68	0.76	0.17	0.76	0.74	0.72
Other Current Assets	0.8	0.99	0.51	0.46	0.62	0.63	0.85	0.97	-0.25	-0.75	0.79	0.55	0.96	0.52	0.53	0.92	0.82	0.85	0.49		0.91	0.65	0.6	0.75	0.76	0.75
Other Stockholder Equity	0.94	0.92	0.39	0.63	0.47	0.89	0.73	0.97	-0.44	-0.9	0.91	0.69	0.97	0.73	0.57	0.97	0.93	0.89	0.68	0.91		0.9	0.42	0.95	0.92	0.9
Total Liab	0.93	0.69	0.19	0.71	0.23	0.99	0.46	0.79	-0.55	-0.88	0.86	0.71	0.81	0.81	0.58	0.85	0.84	0.81	0.76	0.65	0.9		0.16	0.99	0.94	0.92
Net Invested Capital	0.49	0.66	0.8	0.06	1.0	0.1	0.89	0.61	-0.05	-0.01	0.07	0.22	0.59	0.09	0.68	0.44	0.3	0.23	0.17	0.6	0.42	0.16		0.27	0.47	0.51
Property Plant And Equipment Gross	0.96	0.78	0.27	0.69	0.32	0.98	0.57	0.87	-0.52	-0.9	0.89	0.72	0.88	0.79	0.59	0.91	0.89	0.85	0.76	0.75	0.95	0.99	0.27		0.96	0.94
Total Current Assets	1.0	0.82	0.4	0.63	0.52	0.9	0.7	0.9	-0.48	-0.79	0.76	0.7	0.91	0.73	0.71	0.86	0.83	0.78	0.74	0.76	0.92	0.94	0.47	0.96		1.0
Net Working Capital	0.99	0.82	0.43	0.62	0.57	0.87	0.73	0.89	-0.48	-0.75	0.71	0.69	0.9	0.71	0.73	0.84	0.81	0.75	0.72	0.75	0.9	0.92	0.51	0.94	1.0

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Foghorn Therapeutics Account Relationship Matchups

Foghorn Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.3M	255.6M	519.8M	404.9M	285.9M	280.8M
Short Long Term Debt Total	16.6M	82.0M	58.3M	51.5M	45.1M	47.8M
Other Current Liab	450K	5.2M	2.6M	5.0M	(84K)	(79.8K)
Total Current Liabilities	12.7M	18.8M	48.7M	336.8M	58.4M	87.8M
Total Stockholder Equity	(88.0M)	146.2M	96.9M	112K	(77.2M)	(73.3M)
Net Tangible Assets	(88.0M)	146.2M	96.9M	112K	128.8K	122.4K
Property Plant And Equipment Net	3.7M	62.3M	56.1M	49.4M	42.9M	39.7M
Net Debt	1.6M	(10.8M)	(42.8M)	(294.3M)	(35.3M)	(37.0M)
Retained Earnings	(94.1M)	(162.9M)	(264.3M)	(373.1M)	(471.6M)	(448.0M)
Accounts Payable	3.4M	3.7M	3.8M	5.4M	6.3M	4.5M
Cash	15.0M	92.8M	101.1M	345.8M	80.3M	123.8M
Non Current Assets Total	5.5M	64.9M	60.2M	59.1M	45.7M	43.6M
Non Currrent Assets Other	11K	842K	2.4M	8.0M	2.8M	2.7M
Other Assets	1.7M	2.6M	4.1M	4.1M	1.0	0.95
Cash And Short Term Investments	15.0M	185.8M	154.3M	345.8M	234.1M	178.7M
Common Stock Shares Outstanding	36.8M	36.8M	37.2M	41.6M	42.0M	39.2M
Liabilities And Stockholders Equity	22.3M	255.6M	519.8M	404.9M	285.9M	280.8M
Non Current Liabilities Total	97.7M	90.6M	374.2M	68.0M	304.7M	185.9M
Capital Lease Obligations	1.5M	62.3M	58.3M	51.5M	45.1M	40.1M
Other Current Assets	1.4M	9.8M	5.3M	5.6M	6.1M	5.2M
Other Stockholder Equity	6.1M	309.1M	361.1M	377.2M	395.2M	266.4M
Total Liab	110.4M	109.4M	422.9M	404.8M	363.1M	273.7M
Net Invested Capital	(72.9M)	165.8M	96.9M	112K	(77.2M)	(73.3M)
Property Plant And Equipment Gross	3.7M	19.5M	61.4M	58.0M	54.9M	36.6M
Total Current Assets	16.9M	190.7M	459.6M	345.8M	240.2M	237.1M
Accumulated Other Comprehensive Income	(86.6M)	(7K)	(10K)	(4.0M)	(826K)	(867.3K)
Net Working Capital	4.2M	171.8M	410.9M	296.2M	181.7M	202.0M
Property Plant Equipment	3.7M	62.3M	56.1M	49.4M	56.8M	38.2M

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Foghorn Net Invested Capital vs Net Debt Analysis

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Debt

Foghorn Therapeutics fundamental ratios Correlations

Foghorn Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Foghorn Therapeutics fundamental ratios Accounts

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Additional Tools for Foghorn Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Working Capital	+ 1.0	Total Current Assets
Net Working Capital	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Short Long Term Debt Total

Accounts Payable	- 0.95	Retained Earnings
Net Debt	- 0.95	Total Current Liabilities
Cash	- 0.93	Net Debt
Non Currrent Assets Other	- 0.92	Net Debt
Property Plant And Equipment Gross	- 0.9	Retained Earnings
Other Stockholder Equity	- 0.9	Retained Earnings