Forte Biosciences Stock Debt To Equity

FBRX Stock

USD 15.52 0.12 0.77%

Forte Biosciences fundamentals help investors to digest information that contributes to Forte Biosciences' financial success or failures. It also enables traders to predict the movement of Forte Stock. The fundamental analysis module provides a way to measure Forte Biosciences' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forte Biosciences stock.

		Last Reported	Projected for Next Year
	Debt To Equity	(0.97)	(0.92)

Debt To Equity is likely to rise to -0.92 in 2024.

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Forte Biosciences Company Debt To Equity Analysis

Forte Biosciences' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Current Forte Biosciences Debt To Equity

-0.92

Most of Forte Biosciences' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forte Biosciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Forte Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Forte Biosciences is extremely important. It helps to project a fair market value of Forte Stock properly, considering its historical fundamentals such as Debt To Equity. Since Forte Biosciences' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forte Biosciences' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forte Biosciences' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Long Term Debt Total	Capital Surpluse	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Net Invested Capital	Capital Stock	Net Working Capital	Deferred Long Term Liab
Total Assets		0.83	-0.06	-0.74	0.57	-0.38	0.83	-0.38	-0.15	0.6	1.0	0.24	0.7	0.61	-0.1	-0.24	-0.28	-0.35	-0.26	0.38
Total Stockholder Equity	0.83		-0.49	-0.53	0.24	-0.22	0.54	-0.22	0.17	0.06	0.85	0.51	0.35	0.17	-0.17	0.25	0.23	0.08	0.24	-0.01
Net Debt	-0.06	-0.49		-0.06	0.04	-0.4	0.42	-0.4	-0.79	0.6	-0.08	-0.26	0.04	0.69	0.47	-0.82	-0.83	-0.53	-0.83	0.5
Retained Earnings	-0.74	-0.53	-0.06		-0.73	0.32	-0.53	0.32	0.0	-0.57	-0.73	-0.47	-0.77	-0.49	0.34	0.21	0.24	0.05	0.24	-0.04
Accounts Payable	0.57	0.24	0.04	-0.73		0.0	0.32	0.0	0.22	0.7	0.55	0.09	0.96	0.33	-0.59	-0.35	-0.36	-0.27	-0.35	0.32
Long Term Debt	-0.38	-0.22	-0.4	0.32	0.0		-0.56	1.0	0.58	-0.38	-0.39	0.14	-0.03	-0.68	-0.62	0.58	0.55	0.57	0.54	-0.51
Short Term Investments	0.83	0.54	0.42	-0.53	0.32	-0.56		-0.56	-0.61	0.72	0.83	0.07	0.48	0.87	0.29	-0.61	-0.63	-0.6	-0.62	0.55
Long Term Debt Total	-0.38	-0.22	-0.4	0.32	0.0	1.0	-0.56		0.58	-0.38	-0.39	0.14	-0.03	-0.68	-0.62	0.58	0.55	0.57	0.54	-0.51
Capital Surpluse	-0.15	0.17	-0.79	0.0	0.22	0.58	-0.61	0.58		-0.51	-0.13	0.33	0.11	-0.78	-0.71	0.65	0.65	0.63	0.64	-0.58
Total Liab	0.6	0.06	0.6	-0.57	0.7	-0.38	0.72	-0.38	-0.51		0.57	-0.28	0.77	0.87	0.05	-0.81	-0.83	-0.75	-0.83	0.71
Total Current Assets	1.0	0.85	-0.08	-0.73	0.55	-0.39	0.83	-0.39	-0.13	0.57		0.25	0.68	0.6	-0.08	-0.23	-0.26	-0.34	-0.25	0.37
Common Stock	0.24	0.51	-0.26	-0.47	0.09	0.14	0.07	0.14	0.33	-0.28	0.25		0.07	-0.23	-0.45	0.43	0.43	0.68	0.41	-0.59
Property Plant Equipment	0.7	0.35	0.04	-0.77	0.96	-0.03	0.48	-0.03	0.11	0.77	0.68	0.07		0.44	-0.54	-0.37	-0.38	-0.35	-0.38	0.33
Current Deferred Revenue	0.61	0.17	0.69	-0.49	0.33	-0.68	0.87	-0.68	-0.78	0.87	0.6	-0.23	0.44		0.47	-0.81	-0.84	-0.74	-0.83	0.71
Short Term Debt	-0.1	-0.17	0.47	0.34	-0.59	-0.62	0.29	-0.62	-0.71	0.05	-0.08	-0.45	-0.54	0.47		-0.39	-0.41	-0.41	-0.41	0.38
Net Tangible Assets	-0.24	0.25	-0.82	0.21	-0.35	0.58	-0.61	0.58	0.65	-0.81	-0.23	0.43	-0.37	-0.81	-0.39		0.99	0.84	0.98	-0.72
Net Invested Capital	-0.28	0.23	-0.83	0.24	-0.36	0.55	-0.63	0.55	0.65	-0.83	-0.26	0.43	-0.38	-0.84	-0.41	0.99		0.81	1.0	-0.71
Capital Stock	-0.35	0.08	-0.53	0.05	-0.27	0.57	-0.6	0.57	0.63	-0.75	-0.34	0.68	-0.35	-0.74	-0.41	0.84	0.81		0.78	-0.89
Net Working Capital	-0.26	0.24	-0.83	0.24	-0.35	0.54	-0.62	0.54	0.64	-0.83	-0.25	0.41	-0.38	-0.83	-0.41	0.98	1.0	0.78		-0.68
Deferred Long Term Liab	0.38	-0.01	0.5	-0.04	0.32	-0.51	0.55	-0.51	-0.58	0.71	0.37	-0.59	0.33	0.71	0.38	-0.72	-0.71	-0.89	-0.68

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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict Forte Biosciences

Debt To Equity Over Time

Forte Total Stockholder Equity

Total Stockholder Equity

42.19 Million

At this time, Forte Biosciences' Total Stockholder Equity is fairly stable compared to the past year.

Forte Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forte Biosciences' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forte Biosciences could also be used in its relative valuation, which is a method of valuing Forte Biosciences by comparing valuation metrics of similar companies.

Forte Biosciences is currently under evaluation in debt to equity category among its peers.

Forte Biosciences ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Forte Biosciences' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Forte Biosciences' managers, analysts, and investors.

Environmental

Governance

Social

Forte Fundamentals

	Return On Equity	-1.71
	Return On Asset	-0.81
	Current Valuation	6.5 M
	Shares Outstanding	1.46 M
	Shares Owned By Insiders	10.94 %
	Shares Owned By Institutions	54.05 %
	Number Of Shares Shorted	982
	Price To Book	2.44 X
	EBITDA	(32.48 M)
	Net Income	(31.48 M)
	Cash And Equivalents	38.55 M
	Cash Per Share	1.89 X
	Total Debt	3.67 M
	Current Ratio	25.67 X
	Book Value Per Share	24.30 X
	Cash Flow From Operations	(28.71 M)
	Short Ratio	0.09 X
	Earnings Per Share	(16.38) X
	Target Price	107.0
	Number Of Employees	11
	Beta	1.46
	Market Capitalization	22.86 M
	Total Asset	38.98 M
	Retained Earnings	(118.52 M)
	Working Capital	34.66 M
	Net Asset	38.98 M

About Forte Biosciences Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Forte Biosciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forte Biosciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forte Biosciences based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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