Forum Book Value Per Share vs Free Cash Flow Yield Analysis

FMC Stock

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Forum Energy financial indicator trend analysis is much more than just examining Forum Energy Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forum Energy Metals is a good investment. Please check the relationship between Forum Energy Book Value Per Share and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forum Energy Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forum Energy Metals Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Forum Energy's Book Value Per Share and Free Cash Flow Yield is -0.45. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Forum Energy Metals, assuming nothing else is changed. The correlation between historical values of Forum Energy's Book Value Per Share 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 Book Value Per Share of Forum Energy Metals 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 Book Value Per Share i.e., Forum Energy's Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 Forum Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forum Energy Metals 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 Forum Energy Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Forum Energy's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 23.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.

	2022	2023	2024 (projected)
Other Operating Expenses	6.5M	7.4M	7.8M
Depreciation And Amortization	18.9K	21.8K	22.9K

Other Operating Expenses Depreciation And Amortization

Forum Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Term Investments	Inventory	Other Current Assets	Non Currrent Assets Other	Common Stock	Net Tangible Assets	Property Plant Equipment	Other Assets	Net Invested Capital	Net Working Capital
Total Assets		0.18	0.89	0.41	-0.35	-0.34	0.12	0.32	0.51	0.86	0.51	0.12	0.14	0.16	0.78	0.18	0.65	0.6	0.13	0.29	0.03	0.14	-0.12	0.0	0.44	0.39
Total Current Liabilities	0.18		-0.23	-0.59	-0.64	-0.65	0.48	0.49	-0.38	0.14	-0.13	0.88	0.05	1.0	0.37	0.93	-0.32	-0.01	0.9	-0.23	0.8	0.6	-0.58	-0.62	0.0	0.24
Total Stockholder Equity	0.89	-0.23		0.66	-0.11	-0.12	-0.04	0.17	0.68	0.83	0.59	-0.24	0.11	-0.25	0.66	-0.22	0.77	0.66	-0.26	0.35	-0.2	0.01	0.05	0.24	0.41	0.3
Property Plant And Equipment Net	0.41	-0.59	0.66		0.54	0.17	-0.07	-0.45	0.96	0.16	0.49	-0.66	0.23	-0.61	-0.12	-0.64	0.6	0.47	-0.66	0.79	-0.64	-0.55	0.68	0.48	-0.07	-0.38
Net Debt	-0.35	-0.64	-0.11	0.54		0.53	-0.32	-0.96	0.46	-0.5	0.09	-0.69	-0.04	-0.63	-0.72	-0.61	0.33	-0.33	-0.58	0.39	-0.68	-0.75	0.67	0.48	-0.7	-0.86
Retained Earnings	-0.34	-0.65	-0.12	0.17	0.53		-0.34	-0.51	0.03	-0.21	0.04	-0.77	0.06	-0.64	-0.41	-0.55	0.24	-0.55	-0.52	-0.14	-0.73	-0.53	0.46	0.68	-0.05	-0.27
Accounts Payable	0.12	0.48	-0.04	-0.07	-0.32	-0.34		0.32	-0.08	0.07	0.38	0.24	0.23	0.47	0.18	0.15	-0.22	0.17	0.1	-0.02	0.2	0.19	-0.26	-0.17	0.04	0.18
Cash	0.32	0.49	0.17	-0.45	-0.96	-0.51	0.32		-0.42	0.52	-0.05	0.57	0.03	0.48	0.72	0.44	-0.33	0.42	0.4	-0.4	0.63	0.75	-0.65	-0.45	0.73	0.9
Non Current Assets Total	0.51	-0.38	0.68	0.96	0.46	0.03	-0.08	-0.42		0.23	0.47	-0.49	0.28	-0.4	-0.05	-0.4	0.63	0.48	-0.42	0.83	-0.48	-0.45	0.62	0.4	-0.13	-0.42
Cash And Short Term Investments	0.86	0.14	0.83	0.16	-0.5	-0.21	0.07	0.52	0.23		0.46	0.09	-0.01	0.12	0.92	0.17	0.64	0.47	0.14	-0.08	0.14	0.39	-0.36	0.07	0.55	0.61
Net Receivables	0.51	-0.13	0.59	0.49	0.09	0.04	0.38	-0.05	0.47	0.46		-0.28	-0.09	-0.15	0.34	-0.25	0.56	0.15	-0.28	0.15	-0.22	-0.03	0.05	0.37	0.07	0.06
Common Stock Shares Outstanding	0.12	0.88	-0.24	-0.66	-0.69	-0.77	0.24	0.57	-0.49	0.09	-0.28		-0.14	0.89	0.39	0.88	-0.45	0.06	0.86	-0.28	0.91	0.7	-0.63	-0.83	0.1	0.36
Other Stockholder Equity	0.14	0.05	0.11	0.23	-0.04	0.06	0.23	0.03	0.28	-0.01	-0.09	-0.14		0.04	-0.06	-0.03	-0.04	0.16	0.0	0.17	-0.16	-0.05	0.02	0.15	-0.01	-0.02
Total Liab	0.16	1.0	-0.25	-0.61	-0.63	-0.64	0.47	0.48	-0.4	0.12	-0.15	0.89	0.04		0.36	0.93	-0.34	-0.03	0.9	-0.25	0.8	0.6	-0.58	-0.63	-0.01	0.24
Total Current Assets	0.78	0.37	0.66	-0.12	-0.72	-0.41	0.18	0.72	-0.05	0.92	0.34	0.39	-0.06	0.36		0.36	0.37	0.46	0.33	-0.29	0.42	0.6	-0.63	-0.23	0.6	0.79
Other Current Liab	0.18	0.93	-0.22	-0.64	-0.61	-0.55	0.15	0.44	-0.4	0.17	-0.25	0.88	-0.03	0.93	0.36		-0.25	-0.11	0.99	-0.25	0.8	0.63	-0.53	-0.57	0.03	0.22
Short Term Investments	0.65	-0.32	0.77	0.6	0.33	0.24	-0.22	-0.33	0.63	0.64	0.56	-0.45	-0.04	-0.34	0.37	-0.25		0.15	-0.25	0.26	-0.42	-0.24	0.2	0.49	-0.05	-0.13
Inventory	0.6	-0.01	0.66	0.47	-0.33	-0.55	0.17	0.42	0.48	0.47	0.15	0.06	0.16	-0.03	0.46	-0.11	0.15		-0.18	0.49	0.09	0.06	-0.03	-0.15	0.45	0.37
Other Current Assets	0.13	0.9	-0.26	-0.66	-0.58	-0.52	0.1	0.4	-0.42	0.14	-0.28	0.86	0.0	0.9	0.33	0.99	-0.25	-0.18		-0.29	0.78	0.63	-0.54	-0.52	-0.02	0.2
Non Currrent Assets Other	0.29	-0.23	0.35	0.79	0.39	-0.14	-0.02	-0.4	0.83	-0.08	0.15	-0.28	0.17	-0.25	-0.29	-0.25	0.26	0.49	-0.29		-0.37	-0.49	0.75	0.18	-0.12	-0.51
Common Stock	0.03	0.8	-0.2	-0.64	-0.68	-0.73	0.2	0.63	-0.48	0.14	-0.22	0.91	-0.16	0.8	0.42	0.8	-0.42	0.09	0.78	-0.37		0.86	-0.7	-0.76	0.08	0.4
Net Tangible Assets	0.14	0.6	0.01	-0.55	-0.75	-0.53	0.19	0.75	-0.45	0.39	-0.03	0.7	-0.05	0.6	0.6	0.63	-0.24	0.06	0.63	-0.49	0.86		-0.71	-0.52	0.32	0.6
Property Plant Equipment	-0.12	-0.58	0.05	0.68	0.67	0.46	-0.26	-0.65	0.62	-0.36	0.05	-0.63	0.02	-0.58	-0.63	-0.53	0.2	-0.03	-0.54	0.75	-0.7	-0.71		0.41	-0.16	-0.66
Other Assets	0.0	-0.62	0.24	0.48	0.48	0.68	-0.17	-0.45	0.4	0.07	0.37	-0.83	0.15	-0.63	-0.23	-0.57	0.49	-0.15	-0.52	0.18	-0.76	-0.52	0.41		-0.1	-0.27
Net Invested Capital	0.44	0.0	0.41	-0.07	-0.7	-0.05	0.04	0.73	-0.13	0.55	0.07	0.1	-0.01	-0.01	0.6	0.03	-0.05	0.45	-0.02	-0.12	0.08	0.32	-0.16	-0.1		0.84
Net Working Capital	0.39	0.24	0.3	-0.38	-0.86	-0.27	0.18	0.9	-0.42	0.61	0.06	0.36	-0.02	0.24	0.79	0.22	-0.13	0.37	0.2	-0.51	0.4	0.6	-0.66	-0.27	0.84

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Forum Energy Account Relationship Matchups

Forum Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4M	6.0M	3.4M	3.4M	3.1M	5.2M
Total Current Liabilities	497.1K	634.9K	763.4K	1.3M	1.5M	1.5M
Total Stockholder Equity	1.9M	5.3M	2.6M	2.2M	2.0M	1.9M
Property Plant And Equipment Net	1.1M	1.0M	999.6K	127.1K	114.4K	108.6K
Net Debt	(182.9K)	(3.1M)	(1.1M)	(1.4M)	(1.6M)	(1.7M)
Retained Earnings	(52.7M)	(56.1M)	(60.7M)	(66.0M)	(59.4M)	(56.5M)
Accounts Payable	189.5K	238.9K	489.5K	181.1K	208.2K	262.5K
Cash	270.4K	3.1M	1.1M	1.4M	1.3M	881.7K
Non Current Assets Total	1.1M	1.0M	999.6K	1.2M	1.0M	990.1K
Cash And Short Term Investments	285.1K	3.1M	1.2M	1.5M	1.3M	1.2M
Net Receivables	4.8K	95.9K	242.2K	38.3K	34.4K	32.7K
Common Stock Shares Outstanding	114.3M	151.4M	170.7M	205.2M	236.0M	247.8M
Liabilities And Stockholders Equity	2.4M	6.0M	3.4M	3.4M	3.1M	5.2M
Other Stockholder Equity	7.9M	8.2M	9.2M	9.5M	8.6M	11.1M
Total Liab	537.1K	634.9K	763.4K	1.3M	1.5M	1.5M
Total Current Assets	1.3M	4.9M	2.4M	2.3M	2.6M	2.2M
Other Current Liab	91.7K	396.0K	273.9K	1.1M	1.3M	1.3M
Short Term Investments	14.7K	17.8K	48.6K	46.8K	42.1K	40.0K
Other Current Assets	11.0K	160.7K	191.7K	781.8K	899.0K	944.0K
Common Stock	46.7M	53.2M	54.1M	58.7M	67.5M	50.7M
Net Tangible Assets	2.7M	2.3M	1.9M	5.3M	6.1M	3.1M
Property Plant Equipment	2.7M	2.7M	1.1M	1.0M	940.2K	1.5M
Net Invested Capital	2.0M	5.3M	2.6M	2.2M	2.5M	3.1M
Net Working Capital	842.0K	4.3M	1.6M	1.0M	1.2M	1.3M
Capital Stock	46.7M	53.2M	54.1M	58.7M	67.5M	55.5M

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