Fortrea Non Current Liabilities Total from 2010 to 2024
FTRE Stock | 19.36 0.19 0.99% |
Non Current Liabilities Total | First Reported 2010-12-31 | Previous Quarter 1.8 B | Current Value 1.9 B | Quarterly Volatility 566.8 M |
Check Fortrea Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortrea Holdings' main balance sheet or income statement drivers, such as Tax Provision of 4.3 M, Depreciation And Amortization of 113.8 M or Selling General Administrative of 332 M, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0 or PTB Ratio of 0.94. Fortrea financial statements analysis is a perfect complement when working with Fortrea Holdings Valuation or Volatility modules.
Fortrea | Non Current Liabilities Total |
Latest Fortrea Holdings' Non Current Liabilities Total Growth Pattern
Below is the plot of the Non Current Liabilities Total of Fortrea Holdings over the last few years. It is Fortrea Holdings' Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortrea Holdings' overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Total | 10 Years Trend |
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Non Current Liabilities Total |
Timeline |
Fortrea Non Current Liabilities Total Regression Statistics
Arithmetic Mean | 493,348,333 | |
Geometric Mean | 359,493,069 | |
Coefficient Of Variation | 114.89 | |
Mean Deviation | 372,057,111 | |
Median | 281,400,000 | |
Standard Deviation | 566,794,664 | |
Sample Variance | 321256.2T | |
Range | 1.7B | |
R-Value | 0.59 | |
Mean Square Error | 227525.8T | |
R-Squared | 0.34 | |
Significance | 0.02 | |
Slope | 74,155,982 | |
Total Sum of Squares | 4497586.7T |
Fortrea Non Current Liabilities Total History
About Fortrea Holdings Financial Statements
Fortrea Holdings stakeholders use historical fundamental indicators, such as Fortrea Holdings' Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Fortrea Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fortrea Holdings' assets and liabilities are reflected in the revenues and expenses on Fortrea Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fortrea Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Non Current Liabilities Total | 1.8 B | 1.9 B |
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 Fortrea Holdings is a strong investment it is important to analyze Fortrea Holdings' 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 Fortrea Holdings' future performance. For an informed investment choice regarding Fortrea Stock, refer to the following important reports:Check out the analysis of Fortrea Holdings Correlation against competitors. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Life Sciences Tools & Services 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 Fortrea Holdings. If investors know Fortrea 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 Fortrea Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share (2.44) | Revenue Per Share 33.34 | Quarterly Revenue Growth (0.06) | Return On Assets (0.01) |
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea Holdings' 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 Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea Holdings' 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 Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea Holdings' 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.