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 Property Plant And Equipment Net and its Net Invested Capital 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.
Property Plant And Equipment Net vs Net Invested Capital
Property Plant And Equipment Net vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Foresight Group Holdings Property Plant And Equipment Net account and
Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Foresight Group's Property Plant And Equipment Net and Net Invested Capital is -0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Invested Capital 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 Property Plant And Equipment Net and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Foresight Group Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant And Equipment Net i.e., Foresight Group's Property Plant And Equipment Net and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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.
Foresight Group fundamental ratios Correlations
Click cells to compare fundamentals
Foresight Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foresight Group fundamental ratios Accounts
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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.