Forum Inventory vs Net Receivables Analysis

FET Stock

USD 22.95 0.24 1.06%

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

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forum Energy Technologies Inventory account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Forum Energy's Inventory and Net Receivables is 0.69. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Forum Energy Technologies, assuming nothing else is changed. The correlation between historical values of Forum Energy's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Forum Energy Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Forum Energy's Inventory and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Inventory

Net Receivables

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 Technologies 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 Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in consumer price index.

Tax Provision is likely to gain to about 7.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 179.7 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	31.5M	18.3M	31.5M	28.4M
Depreciation And Amortization	37.0M	34.7M	53.7M	57.7M

Interest Expense Depreciation And Amortization

Forum Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		-0.46	-0.45	-0.24	0.05	-0.44	-0.2	-0.14	-0.41	-0.66	0.43	-0.12	-0.53	-0.17	-0.12	-0.06	-0.57	-0.41	-0.49	-0.19	-0.21	0.78	-0.4	0.66	-0.23	-0.11
Total Assets	-0.46		0.75	0.51	0.48	0.98	0.71	0.42	0.61	0.89	0.29	0.27	0.99	0.2	0.27	0.67	0.96	0.86	0.83	0.86	0.45	-0.32	0.83	-0.04	0.94	-0.49
Short Long Term Debt Total	-0.45	0.75		0.7	0.54	0.6	0.46	0.16	0.92	0.66	0.26	-0.04	0.76	0.1	-0.04	0.65	0.75	0.73	0.97	0.65	0.14	-0.42	0.96	-0.25	0.67	-0.46
Other Current Liab	-0.24	0.51	0.7		0.8	0.35	0.27	0.49	0.78	0.46	0.23	-0.34	0.48	0.3	-0.34	0.81	0.55	0.43	0.68	0.51	0.61	-0.43	0.8	-0.1	0.54	-0.19
Total Current Liabilities	0.05	0.48	0.54	0.8		0.37	0.22	0.61	0.66	0.35	0.66	-0.49	0.43	0.39	-0.49	0.92	0.47	0.4	0.47	0.61	0.64	-0.12	0.68	0.12	0.57	-0.08
Total Stockholder Equity	-0.44	0.98	0.6	0.35	0.37		0.7	0.42	0.44	0.88	0.24	0.38	0.97	0.2	0.38	0.56	0.92	0.81	0.71	0.82	0.46	-0.27	0.7	0.0	0.91	-0.45
Property Plant And Equipment Net	-0.2	0.71	0.46	0.27	0.22	0.7		0.15	0.36	0.44	0.32	0.29	0.66	0.0	0.29	0.4	0.57	0.81	0.61	0.83	0.23	0.15	0.58	0.24	0.78	-0.68
Current Deferred Revenue	-0.14	0.42	0.16	0.49	0.61	0.42	0.15		0.21	0.38	0.14	-0.17	0.39	0.84	-0.17	0.52	0.42	0.26	0.17	0.48	0.82	-0.16	0.31	-0.09	0.47	0.13
Net Debt	-0.41	0.61	0.92	0.78	0.66	0.44	0.36	0.21		0.53	0.31	-0.39	0.62	0.15	-0.39	0.73	0.64	0.58	0.87	0.58	0.17	-0.46	0.91	-0.15	0.53	-0.24
Retained Earnings	-0.66	0.89	0.66	0.46	0.35	0.88	0.44	0.38	0.53		-0.02	0.25	0.91	0.22	0.25	0.5	0.96	0.74	0.73	0.64	0.46	-0.63	0.71	-0.26	0.75	-0.23
Accounts Payable	0.43	0.29	0.26	0.23	0.66	0.24	0.32	0.14	0.31	-0.02		-0.28	0.23	-0.07	-0.28	0.62	0.13	0.29	0.2	0.51	0.16	0.42	0.35	0.44	0.43	-0.29
Cash	-0.12	0.27	-0.04	-0.34	-0.49	0.38	0.29	-0.17	-0.39	0.25	-0.28		0.26	-0.15	1.0	-0.4	0.21	0.28	0.06	0.09	-0.06	0.14	-0.09	-0.04	0.27	-0.46
Non Current Assets Total	-0.53	0.99	0.76	0.48	0.43	0.97	0.66	0.39	0.62	0.91	0.23	0.26		0.19	0.26	0.63	0.96	0.81	0.83	0.8	0.42	-0.4	0.82	-0.11	0.88	-0.42
Non Currrent Assets Other	-0.17	0.2	0.1	0.3	0.39	0.2	0.0	0.84	0.15	0.22	-0.07	-0.15	0.19		-0.15	0.18	0.25	0.17	0.05	0.29	0.58	-0.17	0.15	-0.14	0.21	0.33
Cash And Short Term Investments	-0.12	0.27	-0.04	-0.34	-0.49	0.38	0.29	-0.17	-0.39	0.25	-0.28	1.0	0.26	-0.15		-0.4	0.21	0.28	0.06	0.09	-0.06	0.14	-0.09	-0.04	0.27	-0.46
Net Receivables	-0.06	0.67	0.65	0.81	0.92	0.56	0.4	0.52	0.73	0.5	0.62	-0.4	0.63	0.18	-0.4		0.63	0.5	0.65	0.69	0.57	-0.19	0.8	0.12	0.71	-0.26
Good Will	-0.57	0.96	0.75	0.55	0.47	0.92	0.57	0.42	0.64	0.96	0.13	0.21	0.96	0.25	0.21	0.63		0.83	0.83	0.76	0.47	-0.52	0.82	-0.13	0.85	-0.32
Common Stock Total Equity	-0.41	0.86	0.73	0.43	0.4	0.81	0.81	0.26	0.58	0.74	0.29	0.28	0.81	0.17	0.28	0.5	0.83		0.8	0.9	0.29	-0.15	0.79	0.02	0.9	-0.59
Non Current Liabilities Total	-0.49	0.83	0.97	0.68	0.47	0.71	0.61	0.17	0.87	0.73	0.2	0.06	0.83	0.05	0.06	0.65	0.83	0.8		0.72	0.19	-0.41	0.97	-0.19	0.76	-0.56
Inventory	-0.19	0.86	0.65	0.51	0.61	0.82	0.83	0.48	0.58	0.64	0.51	0.09	0.8	0.29	0.09	0.69	0.76	0.9	0.72		0.46	0.02	0.78	0.19	0.95	-0.59
Other Current Assets	-0.21	0.45	0.14	0.61	0.64	0.46	0.23	0.82	0.17	0.46	0.16	-0.06	0.42	0.58	-0.06	0.57	0.47	0.29	0.19	0.46		-0.26	0.34	-0.04	0.51	0.08
Other Stockholder Equity	0.78	-0.32	-0.42	-0.43	-0.12	-0.27	0.15	-0.16	-0.46	-0.63	0.42	0.14	-0.4	-0.17	0.14	-0.19	-0.52	-0.15	-0.41	0.02	-0.26		-0.38	0.57	-0.06	-0.36
Total Liab	-0.4	0.83	0.96	0.8	0.68	0.7	0.58	0.31	0.91	0.71	0.35	-0.09	0.82	0.15	-0.09	0.8	0.82	0.79	0.97	0.78	0.34	-0.38		-0.13	0.8	-0.49
Property Plant And Equipment Gross	0.66	-0.04	-0.25	-0.1	0.12	0.0	0.24	-0.09	-0.15	-0.26	0.44	-0.04	-0.11	-0.14	-0.04	0.12	-0.13	0.02	-0.19	0.19	-0.04	0.57	-0.13		0.13	-0.21
Total Current Assets	-0.23	0.94	0.67	0.54	0.57	0.91	0.78	0.47	0.53	0.75	0.43	0.27	0.88	0.21	0.27	0.71	0.85	0.9	0.76	0.95	0.51	-0.06	0.8	0.13		-0.63
Short Term Debt	-0.11	-0.49	-0.46	-0.19	-0.08	-0.45	-0.68	0.13	-0.24	-0.23	-0.29	-0.46	-0.42	0.33	-0.46	-0.26	-0.32	-0.59	-0.56	-0.59	0.08	-0.36	-0.49	-0.21	-0.63

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Forum Energy Account Relationship Matchups

Forum Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	5.6M	5.6M	10.4M	10.2M	12.3M	6.2M
Total Assets	889.9M	791.3M	831.3M	821.1M	816.0M	1.1B
Short Long Term Debt Total	294.7M	278.9M	313.3M	201.4M	272.6M	304.4M
Other Current Liab	67.6M	47.5M	68.0M	53.3M	70.7M	61.7M
Total Current Liabilities	124.9M	175.7M	210.5M	204.3M	201.9M	159.1M
Total Stockholder Equity	406.2M	329.1M	307.1M	412.6M	319.9M	630.0M
Property Plant And Equipment Net	203.5M	145.2M	119.4M	116.8M	133.8M	163.9M
Current Deferred Revenue	9.7M	17.0M	14.7M	14.8M	8.6M	12.6M
Net Debt	166.1M	186.4M	188.9M	155.2M	216.9M	242.6M
Retained Earnings	(601.7M)	(684.3M)	(680.6M)	(699.5M)	(834.8M)	(793.1M)
Accounts Payable	46.4M	99.4M	118.3M	125.9M	109.7M	107.7M
Cash	128.6M	46.9M	51M	46.2M	44.7M	76.1M
Non Current Assets Total	399.7M	344.6M	318.4M	291.5M	320.3M	634.6M
Non Currrent Assets Other	14.1M	7.8M	9.9M	6.7M	4.2M	4.0M
Cash And Short Term Investments	128.6M	46.9M	51M	46.2M	44.7M	76.1M
Net Receivables	90.8M	134.4M	170.1M	161.9M	166.3M	141.6M
Good Will	(44K)	(5K)	19K	0.0	61.7M	58.6M
Common Stock Total Equity	1.2M	1.2M	60K	61K	70.2K	66.6K
Liabilities And Stockholders Equity	889.9M	791.3M	831.3M	821.1M	816.0M	1.1B
Non Current Liabilities Total	358.8M	286.5M	317.4M	204.1M	294.2M	343.7M
Inventory	251.7M	241.7M	269.8M	299.6M	265.5M	272.6M
Other Current Assets	19.0M	23.7M	22.0M	21.9M	19.2M	18.2M
Other Stockholder Equity	1.1B	1.1B	1.1B	1.2B	1.3B	962.0M
Total Liab	483.7M	462.2M	524.2M	408.4M	496.1M	502.6M
Property Plant And Equipment Gross	145.2M	119.4M	116.8M	291.1M	308.3M	187.9M
Total Current Assets	490.2M	446.7M	512.9M	529.6M	495.6M	498.3M
Accumulated Other Comprehensive Income	(100.4M)	(101.0M)	(127.5M)	(115.2M)	(123.2M)	(117.1M)
Short Term Debt	1.3M	11.8M	9.6M	10.4M	12.9M	13.6M
Intangible Assets	240.4M	217.4M	191.5M	168.0M	109.2M	103.8M
Common Stock	60K	61K	62K	109K	130K	123.5K
Other Liab	28.3M	65.4M	54.1M	13.7M	15.7M	14.9M
Other Assets	45.6M	7.8M	10.1M	6.7M	15.6M	11.8M
Long Term Debt	293.4M	232.4M	239.1M	129.6M	186.5M	293.5M
Treasury Stock	(134.4M)	(134.5M)	(134.5M)	(135.6M)	(122.0M)	(128.1M)
Property Plant Equipment	203.5M	145.2M	119.4M	116.8M	133.8M	122.0M
Net Tangible Assets	213.7M	165.8M	111.7M	115.6M	104.0M	181.3M
Retained Earnings Total Equity	63.7M	(503.4M)	(601.7M)	(684.3M)	(615.9M)	(585.1M)
Long Term Debt Total	293.4M	232.4M	239.1M	129.6M	186.5M	285.4M

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