Forge Net Receivables vs Long Term Debt Analysis
| FRGE Stock | USD 1.15 0.02 1.77% |
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 Net Receivables and its Long Term 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.
Net Receivables vs Long Term Debt
Net Receivables vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forge Global Holdings Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Forge Global's Net Receivables and Long Term Debt is -0.18. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term 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 Net Receivables and Long Term 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 Net Receivables of Forge Global Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Forge Global's Net Receivables and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Receivables
Long Term Debt
Long-term debt is a debt that Forge Global Holdings has held for over one year. Long-term debt appears on Forge Global Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Forge Global Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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
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Forge Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 0.445 | Quarterly Revenue Growth 0.333 | Return On Assets (0.18) | Return On Equity (0.29) |
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.