Forge Total Assets vs Net Debt Analysis
| FRGE Stock | USD 1.09 0.02 1.87% |
Forge Global financial indicator trend analysis is much more than just examining Forge Global Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forge Global Holdings is a good investment. Please check the relationship between Forge Global Total Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forge Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forge Global Holdings Total Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Forge Global's Total Assets and Net Debt is -0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Forge Global Holdings, assuming nothing else is changed. The correlation between historical values of Forge Global's Total Assets 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 Total Assets of Forge Global Holdings 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 Total Assets i.e., Forge Global's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.93 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Forge Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Forge Global Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Forge Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forge Global Holdings 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 Forge Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Forge Global's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.3M | 2.7M | 6.4M | 6.7M | Depreciation And Amortization | 8.2M | 10.0M | 10.1M | 7.5M |
Forge Global fundamental ratios Correlations
Click cells to compare fundamentals
Forge Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Forge Global Holdings is a strong investment it is important to analyze Forge Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forge Global's future performance. For an informed investment choice regarding Forge Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forge Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Application Software 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 Forge Global. If investors know Forge 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 Forge Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 0.443 | Quarterly Revenue Growth 0.035 | Return On Assets (0.18) | Return On Equity (0.30) |
The market value of Forge Global Holdings is measured differently than its book value, which is the value of Forge that is recorded on the company's balance sheet. Investors also form their own opinion of Forge Global's value that differs from its market value or its book value, called intrinsic value, which is Forge Global'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 Forge Global's market value can be influenced by many factors that don't directly affect Forge Global'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 Forge Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forge Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forge Global'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.