Foghorn Roic vs Free Cash Flow Yield 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 Roic and its Free Cash Flow Yield 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.

Roic vs Free Cash Flow Yield

Roic vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foghorn Therapeutics Roic account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.

The correlation between Foghorn Therapeutics' Roic and Free Cash Flow Yield is -0.89. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Yield 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' Roic and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Foghorn Therapeutics are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Roic i.e., Foghorn Therapeutics' Roic and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 Roic vs Free Cash Flow Yield Analysis

Roic vs Free Cash Flow Yield

Roic vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Roic

Free Cash Flow Yield

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