Foresight Net Income vs Begin Period Cash Flow Analysis

FSG Stock   418.00  2.00  0.48%   
Foresight Group financial indicator trend analysis is much more than just examining Foresight Group Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foresight Group Holdings is a good investment. Please check the relationship between Foresight Group Net Income and its Begin Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foresight Group 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 bureau of economic analysis.

Net Income vs Begin Period Cash Flow

Net Income vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foresight Group Holdings Net Income account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Foresight Group's Net Income and Begin Period Cash Flow is 0.76. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Foresight Group Holdings, assuming nothing else is changed. The correlation between historical values of Foresight Group's Net Income and Begin Period Cash Flow 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 Income of Foresight Group Holdings are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., Foresight Group's Net Income and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Foresight Group Holdings financial statement analysis. It represents the amount of money remaining after all of Foresight Group Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Foresight Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foresight Group 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 Foresight Group 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 bureau of economic analysis.
The current year's Tax Provision is expected to grow to about 8.3 M, whereas Discontinued Operations is forecasted to decline to about 43.4 M.
 2023 2024 (projected)
Discontinued Operations48.8M43.4M
Interest Income875K918.8K

Foresight Group fundamental ratios Correlations

-0.740.580.720.730.140.07-0.86-0.720.530.530.680.73-0.320.680.210.67-0.04-0.85-0.610.460.620.790.720.860.27
-0.74-0.23-0.31-0.73-0.520.140.730.62-0.62-0.52-0.49-0.87-0.05-0.49-0.42-0.89-0.530.80.66-0.09-0.56-0.38-0.7-0.45-0.22
0.58-0.230.98-0.130.09-0.23-0.140.03-0.03-0.25-0.070.050.02-0.07-0.490.070.07-0.11-0.080.99-0.110.95-0.130.85-0.37
0.72-0.310.980.050.06-0.16-0.31-0.140.07-0.080.110.18-0.110.11-0.390.17-0.03-0.27-0.180.950.060.990.050.92-0.25
0.73-0.73-0.130.050.060.3-0.92-0.90.660.830.890.81-0.360.890.680.72-0.1-0.95-0.68-0.270.840.161.00.330.67
0.14-0.520.090.060.06-0.80.030.20.240.17-0.360.52-0.17-0.36-0.110.460.56-0.06-0.220.050.020.110.02-0.12-0.6
0.070.14-0.23-0.160.3-0.8-0.36-0.60.250.120.66-0.090.130.660.360.0-0.38-0.31-0.28-0.240.19-0.180.330.180.86
-0.860.73-0.14-0.31-0.920.03-0.360.95-0.57-0.78-0.91-0.820.24-0.91-0.52-0.790.050.990.61-0.01-0.86-0.39-0.93-0.6-0.64
-0.720.620.03-0.14-0.90.2-0.60.95-0.64-0.71-0.97-0.720.17-0.97-0.61-0.720.110.950.660.14-0.78-0.21-0.91-0.5-0.82
0.53-0.62-0.030.070.660.240.25-0.57-0.640.290.560.66-0.190.560.650.660.11-0.67-0.96-0.120.210.140.660.30.46
0.53-0.52-0.25-0.080.830.170.12-0.78-0.710.290.70.76-0.520.70.360.63-0.18-0.76-0.34-0.360.960.020.830.110.43
0.68-0.49-0.070.110.89-0.360.66-0.91-0.970.560.70.58-0.241.00.620.55-0.29-0.89-0.6-0.180.770.180.910.460.87
0.73-0.870.050.180.810.52-0.09-0.82-0.720.660.760.58-0.270.580.460.960.29-0.87-0.64-0.070.730.270.80.350.27
-0.32-0.050.02-0.11-0.36-0.170.130.240.17-0.19-0.52-0.24-0.27-0.240.05-0.010.70.230.250.07-0.37-0.2-0.37-0.060.06
0.68-0.49-0.070.110.89-0.360.66-0.91-0.970.560.71.00.58-0.240.620.55-0.29-0.89-0.6-0.180.770.180.910.460.87
0.21-0.42-0.49-0.390.68-0.110.36-0.52-0.610.650.360.620.460.050.620.480.1-0.58-0.49-0.580.39-0.310.68-0.10.73
0.67-0.890.070.170.720.460.0-0.79-0.720.660.630.550.96-0.010.550.480.48-0.84-0.62-0.040.630.230.710.380.31
-0.04-0.530.07-0.03-0.10.56-0.380.050.110.11-0.18-0.290.290.7-0.290.10.48-0.03-0.050.06-0.15-0.06-0.13-0.06-0.24
-0.850.8-0.11-0.27-0.95-0.06-0.310.990.95-0.67-0.76-0.89-0.870.23-0.89-0.58-0.84-0.030.70.03-0.82-0.36-0.95-0.56-0.63
-0.610.66-0.08-0.18-0.68-0.22-0.280.610.66-0.96-0.34-0.6-0.640.25-0.6-0.49-0.62-0.050.70.03-0.26-0.25-0.68-0.4-0.44
0.46-0.090.990.95-0.270.05-0.24-0.010.14-0.12-0.36-0.18-0.070.07-0.18-0.58-0.040.060.030.03-0.230.9-0.270.78-0.44
0.62-0.56-0.110.060.840.020.19-0.86-0.780.210.960.770.73-0.370.770.390.63-0.15-0.82-0.26-0.230.150.850.270.51
0.79-0.380.950.990.160.11-0.18-0.39-0.210.140.020.180.27-0.20.18-0.310.23-0.06-0.36-0.250.90.150.160.92-0.21
0.72-0.7-0.130.051.00.020.33-0.93-0.910.660.830.910.8-0.370.910.680.71-0.13-0.95-0.68-0.270.850.160.340.69
0.86-0.450.850.920.33-0.120.18-0.6-0.50.30.110.460.35-0.060.46-0.10.38-0.06-0.56-0.40.780.270.920.340.15
0.27-0.22-0.37-0.250.67-0.60.86-0.64-0.820.460.430.870.270.060.870.730.31-0.24-0.63-0.44-0.440.51-0.210.690.15
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Foresight Group Account Relationship Matchups

Foresight Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.3M78.7M98.9M144.6M153.3M112.5M
Short Long Term Debt Total14.9M16.3M14.1M12.4M7.8M10.7M
Other Current Liab13.6M10.0M14.1M20.4M29.0M24.8M
Total Current Liabilities19.2M23.5M26.9M41.7M42.1M33.2M
Total Stockholder Equity20.9M39.8M58.6M77.2M88.6M48.8M
Other Liab12.1M1.9M2.2M18.5M16.6M17.4M
Net Tangible Assets15.6M36.8M54.2M14.3M16.5M27.9M
Property Plant And Equipment Net14.6M12.1M10.9M9.8M8.1M9.9M
Net Debt983K(23.1M)(40.2M)(27.4M)(37.2M)(35.4M)
Retained Earnings(31.3M)7.7M26.5M34.4M35.0M36.8M
Accounts Payable1.6M1.2M1.3M1.9M1.6M1.5M
Cash13.9M39.4M54.3M39.8M45.0M33.5M
Non Current Assets Total20.8M17.5M18.1M76.7M79.8M83.8M
Non Currrent Assets Other(21K)(977K)(615K)(20.8M)4.0M4.2M
Cash And Short Term Investments13.9M39.4M54.3M39.8M45.0M33.5M
Net Receivables6.8M15.2M12.3M11.9M17.0M12.6M
Liabilities And Stockholders Equity52.3M78.7M98.9M144.6M153.3M112.5M
Non Current Liabilities Total12.1M3.6M3.0M485K22.7M23.8M
Capital Lease Obligations14.1M12.0M10.4M9.3M7.3M9.3M
Other Current Assets9.9M7.1M6.3M8.2M11.6M19.0M
Other Stockholder Equity52.1M32.1M31.6M61.1M59.7M36.2M
Total Liab31.3M38.9M40.3M67.4M64.8M46.3M
Net Invested Capital21.7M44.1M62.3M80.4M89.1M50.7M
Short Long Term Debt750K688K660K2.6M121K115.0K
Total Current Assets31.5M56.1M72.9M59.9M73.6M70.5M
Accumulated Other Comprehensive Income131K30.0K27K8.2M(6.2M)(5.8M)
Net Working Capital12.3M36.7M45.9M18.2M31.5M25.5M
Short Term Debt2.7M2.8M3.0M5.2M3.0M3.0M
Intangible Assets4.7M3.0M4.4M62.9M43.5M45.7M
Property Plant Equipment14.3M12.1M10.9M9.8M8.8M10.5M
Current Deferred Revenue(1.9M)541K134K5.8M36.4M19.7M

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Other Information on Investing in Foresight Stock

Balance Sheet is a snapshot of the financial position of Foresight Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. Foresight Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Foresight Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Foresight currently owns. An asset can also be divided into two categories, current and non-current.