Freightcar Total Current Liabilities vs Total Liab Analysis

RAIL Stock  USD 9.75  0.23  2.42%   
Freightcar America financial indicator trend analysis is much more than just examining Freightcar America latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freightcar America is a good investment. Please check the relationship between Freightcar America Total Current Liabilities and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.

Total Current Liabilities vs Total Liab

Total Current Liabilities vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freightcar America Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Freightcar America's Total Current Liabilities and Total Liab is 0.64. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab in the same time period over historical financial statements of Freightcar America, assuming nothing else is changed. The correlation between historical values of Freightcar America's Total Current Liabilities and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Freightcar America are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Freightcar America's Total Current Liabilities and Total Liab go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Freightcar America balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Freightcar America are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Freightcar America's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freightcar America 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.At this time, Freightcar America's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 2.2 M this year, although Enterprise Value Over EBITDA is projected to rise to (42.96).
 2021 2022 2023 2024 (projected)
Total Revenue203.1M364.8M358.1M376.7M
Interest Expense13.3M25.4M15.0M15.8M

Freightcar America fundamental ratios Correlations

0.81-0.840.87-0.140.88-0.290.280.030.92-0.07-0.370.20.690.160.540.79-0.20.71-0.44-0.780.1-0.370.59-0.550.1
0.81-0.880.74-0.030.75-0.590.51-0.430.63-0.14-0.66-0.360.410.180.250.99-0.580.74-0.27-0.940.14-0.640.19-0.550.02
-0.84-0.88-0.85-0.21-0.860.65-0.140.26-0.670.40.530.09-0.590.06-0.53-0.910.47-0.690.10.880.120.55-0.260.690.15
0.870.74-0.85-0.150.96-0.440.25-0.040.83-0.11-0.320.230.540.050.70.73-0.340.59-0.41-0.77-0.16-0.410.3-0.46-0.05
-0.14-0.03-0.21-0.15-0.11-0.46-0.460.0-0.32-0.58-0.04-0.250.36-0.520.060.11-0.250.010.78-0.02-0.160.27-0.19-0.16-0.54
0.880.75-0.860.96-0.11-0.440.25-0.040.84-0.12-0.450.220.580.070.70.75-0.330.56-0.37-0.77-0.19-0.410.28-0.4-0.03
-0.29-0.590.65-0.44-0.46-0.44-0.050.58-0.110.590.440.44-0.30.07-0.21-0.670.64-0.5-0.240.630.110.390.380.430.3
0.280.51-0.140.25-0.460.25-0.05-0.090.220.67-0.44-0.41-0.040.34-0.010.45-0.580.25-0.34-0.420.3-0.16-0.150.260.12
0.03-0.430.26-0.040.0-0.040.58-0.090.10.390.430.640.36-0.130.44-0.410.26-0.230.050.39-0.120.760.330.32-0.01
0.920.63-0.670.83-0.320.84-0.110.220.10.05-0.280.410.610.080.520.580.060.44-0.55-0.560.21-0.30.69-0.350.07
-0.07-0.140.4-0.11-0.58-0.120.590.670.390.050.020.09-0.160.15-0.09-0.210.05-0.23-0.380.190.20.290.040.670.09
-0.37-0.660.53-0.32-0.04-0.450.44-0.440.43-0.280.020.36-0.05-0.23-0.1-0.640.48-0.230.210.650.010.60.020.07-0.08
0.2-0.360.090.23-0.250.220.44-0.410.640.410.090.360.260.00.58-0.390.62-0.15-0.330.29-0.230.270.510.050.16
0.690.41-0.590.540.360.58-0.3-0.040.360.61-0.16-0.050.26-0.320.470.47-0.070.470.05-0.40.030.250.45-0.32-0.36
0.160.180.060.05-0.520.070.070.34-0.130.080.15-0.230.0-0.320.00.1-0.080.41-0.58-0.24-0.03-0.31-0.04-0.130.94
0.540.25-0.530.70.060.7-0.21-0.010.440.52-0.09-0.10.580.470.00.29-0.230.29-0.06-0.32-0.40.010.16-0.22-0.04
0.790.99-0.910.730.110.75-0.670.45-0.410.58-0.21-0.64-0.390.470.10.29-0.640.75-0.15-0.950.09-0.580.14-0.57-0.07
-0.2-0.580.47-0.34-0.25-0.330.64-0.580.260.060.050.480.62-0.07-0.08-0.23-0.64-0.39-0.220.610.130.230.510.110.15
0.710.74-0.690.590.010.56-0.50.25-0.230.44-0.23-0.23-0.150.470.410.290.75-0.39-0.29-0.8-0.12-0.390.14-0.720.29
-0.44-0.270.1-0.410.78-0.37-0.24-0.340.05-0.55-0.380.21-0.330.05-0.58-0.06-0.15-0.22-0.290.350.00.4-0.420.05-0.6
-0.78-0.940.88-0.77-0.02-0.770.63-0.420.39-0.560.190.650.29-0.4-0.24-0.32-0.950.61-0.80.350.130.63-0.120.57-0.09
0.10.140.12-0.16-0.16-0.190.110.3-0.120.210.20.01-0.230.03-0.03-0.40.090.13-0.120.00.130.060.370.12-0.07
-0.37-0.640.55-0.410.27-0.410.39-0.160.76-0.30.290.60.270.25-0.310.01-0.580.23-0.390.40.630.06-0.060.52-0.26
0.590.19-0.260.3-0.190.280.38-0.150.330.690.040.020.510.45-0.040.160.140.510.14-0.42-0.120.37-0.06-0.310.15
-0.55-0.550.69-0.46-0.16-0.40.430.260.32-0.350.670.070.05-0.32-0.13-0.22-0.570.11-0.720.050.570.120.52-0.31-0.18
0.10.020.15-0.05-0.54-0.030.30.12-0.010.070.09-0.080.16-0.360.94-0.04-0.070.150.29-0.6-0.09-0.07-0.260.15-0.18
Click cells to compare fundamentals

Freightcar America Account Relationship Matchups

Freightcar America fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets245.2M182.7M200.7M199.7M259.5M235.4M
Total Stockholder Equity117.2M30.5M(1.7M)(28.6M)(46.2M)(43.9M)
Net Debt12.7M31.4M71.8M89.3M34.3M36.0M
Cash66.3M54.0M26.2M37.9M39.6M65.8M
Other Assets1.6M42.1K8.9M1.6M1.4M1.4M
Cash And Short Term Investments66.3M54.0M26.2M37.9M39.6M75.1M
Common Stock Shares Outstanding12.4M13.4M20.8M24.8M28.4M14.2M
Liabilities And Stockholders Equity245.2M182.7M200.7M199.7M259.5M235.4M
Other Stockholder Equity82.0M80.7M83.7M89.1M10.6M10.1M
Total Liab128.0M152.2M202.3M228.3M222.2M129.3M
Total Current Assets109.7M121.0M136.7M128.9M180.4M208.9M
Other Current Liab15.4M9.4M22.6M11.9M21.1M22.1M
Total Current Liabilities49.4M71.1M69.3M106.0M137.4M144.2M
Other Liab14.7M24.9M36.9M35.8M32.2M45.5M
Property Plant And Equipment Net134.0M58.7M55.1M69.3M77.2M65.6M
Current Deferred Revenue7.3M6.6M4.6M9.8M8.8M14.5M
Retained Earnings45.8M(38.6M)(80.1M)(118.9M)(142.8M)(135.7M)
Accounts Payable11.7M18.7M41.5M51.8M86.9M91.2M
Non Current Assets Total135.5M61.8M63.9M70.9M79.0M82.7M
Non Currrent Assets Other1.6M3.0M8.9M1.6M1.8M1.7M
Net Receivables7.0M13.9M40.7M9.6M10.0M17.4M
Non Current Liabilities Total78.6M81.1M133M122.3M84.8M86.0M
Inventory25.1M38.8M56.0M64.3M125.0M73.8M
Other Current Assets7.6M14.2M13.8M19.2M5.8M10.1M
Property Plant And Equipment Gross134.0M58.7M55.1M69.3M113.6M70.6M
Accumulated Other Comprehensive Income(10.8M)(11.8M)(5.5M)1.0M2.4M2.5M
Short Term Debt15.0M40.9M3.9M42.2M29.4M17.5M
Property Plant Equipment38.6M58.7M55.1M23.2M26.7M52.4M
Short Term Investments42.9M18.0M3.8M182K163.8K155.6K
Treasury Stock(12.6M)(9.7M)(989K)(1.3M)(1.5M)(1.6M)
Net Tangible Assets117.2M30.5M(1.7M)(28.6M)(25.7M)(24.4M)
Retained Earnings Total Equity120.8M45.8M(38.6M)(118.9M)(107.0M)(101.7M)
Capital Surpluse90.6M83.0M82.1M89.1M80.2M74.3M
Deferred Long Term Liab9.2M22.5M4.7M2.5M2.9M2.7M
Non Current Liabilities Other63.7M2.6M3.1M70.8M2.6M2.4M

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When determining whether Freightcar America is a strong investment it is important to analyze Freightcar America'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 Freightcar America's future performance. For an informed investment choice regarding Freightcar Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Construction Machinery & Heavy Transportation Equipment 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 Freightcar America. If investors know Freightcar 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 Freightcar America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.31)
Revenue Per Share
16.728
Quarterly Revenue Growth
0.664
Return On Assets
0.0577
Return On Equity
(0.09)
The market value of Freightcar America is measured differently than its book value, which is the value of Freightcar that is recorded on the company's balance sheet. Investors also form their own opinion of Freightcar America's value that differs from its market value or its book value, called intrinsic value, which is Freightcar America'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 Freightcar America's market value can be influenced by many factors that don't directly affect Freightcar America'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 Freightcar America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightcar America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightcar America'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.