Forte Other Operating Expenses from 2010 to 2024

FBRX Stock  USD 21.71  1.92  9.70%   
Forte Biosciences Other Operating Expenses yearly trend continues to be fairly stable with very little volatility. Other Operating Expenses will likely drop to about 21.5 M in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2017-03-31
Previous Quarter
12.8 M
Current Value
8.6 M
Quarterly Volatility
4.5 M
 
Covid
Check Forte Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forte Biosciences' main balance sheet or income statement drivers, such as Interest Income of 1.3 M, Depreciation And Amortization of 8.6 K or Interest Expense of 14.5 K, as well as many indicators such as Price To Sales Ratio of 9.98, Dividend Yield of 0.0 or PTB Ratio of 0.7. Forte financial statements analysis is a perfect complement when working with Forte Biosciences Valuation or Volatility modules.
  
Check out the analysis of Forte Biosciences Correlation against competitors.
For more information on how to buy Forte Stock please use our How to Invest in Forte Biosciences guide.

Latest Forte Biosciences' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Forte Biosciences over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Forte Biosciences. It is also known as Forte Biosciences overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Forte Biosciences' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forte Biosciences' overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Very volatile
   Other Operating Expenses   
       Timeline  

Forte Other Operating Expenses Regression Statistics

Arithmetic Mean25,265,593
Geometric Mean21,996,995
Coefficient Of Variation52.87
Mean Deviation8,623,017
Median23,005,000
Standard Deviation13,358,983
Sample Variance178.5T
Range59.8M
R-Value(0.04)
Mean Square Error191.8T
R-Squared0
Significance0.88
Slope(131,996)
Total Sum of Squares2498.5T

Forte Other Operating Expenses History

202421.5 M
202332.5 M
202213.9 M
202121.5 M
202014.2 M
20194.1 M
201863.9 M

About Forte Biosciences Financial Statements

Forte Biosciences investors use historical fundamental indicators, such as Forte Biosciences' Other Operating Expenses, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forte Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses32.5 M21.5 M

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.

Additional Tools for Forte Stock Analysis

When running Forte Biosciences' price analysis, check to measure Forte Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forte Biosciences is operating at the current time. Most of Forte Biosciences' value examination focuses on studying past and present price action to predict the probability of Forte Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forte Biosciences' price. Additionally, you may evaluate how the addition of Forte Biosciences to your portfolios can decrease your overall portfolio volatility.