Forte Ebit Per Revenue vs Revenue Per Share Analysis

FBRX Stock  USD 15.99  1.29  8.78%   
Forte Biosciences financial indicator trend analysis is much more than just examining Forte Biosciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forte Biosciences is a good investment. Please check the relationship between Forte Biosciences Ebit Per Revenue and its Revenue Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forte Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Forte Stock please use our How to Invest in Forte Biosciences guide.

Ebit Per Revenue vs Revenue Per Share

Ebit Per Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forte Biosciences Ebit Per Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Forte Biosciences' Ebit Per Revenue and Revenue Per Share is 0.92. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Forte Biosciences, assuming nothing else is changed. The correlation between historical values of Forte Biosciences' Ebit Per Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Forte Biosciences are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Ebit Per Revenue i.e., Forte Biosciences' Ebit Per Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit Per Revenue

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Forte Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forte Biosciences 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 Forte Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Forte Stock please use our How to Invest in Forte Biosciences guide.Issuance Of Capital Stock is likely to rise to about 23.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 7.6 M in 2025.
 2023 2024 2025 (projected)
Depreciation And Amortization9K8.1K7.7K
Interest Income1.1M1.3M1.3M

Forte Biosciences fundamental ratios Correlations

0.550.570.650.810.71-0.06-0.640.580.340.710.040.36-0.421.00.9-0.230.84-0.420.48-0.20.820.710.620.711.0
0.550.80.610.020.680.6-0.470.57-0.30.90.730.88-0.360.520.310.30.7-0.360.9-0.660.550.650.920.680.52
0.570.80.930.120.780.35-0.740.74-0.070.850.410.63-0.470.540.250.180.49-0.470.6-0.330.640.720.820.780.54
0.650.610.930.30.760.2-0.770.760.060.710.150.43-0.60.630.350.130.51-0.60.44-0.170.70.650.730.760.64
0.810.020.120.30.34-0.49-0.530.240.60.24-0.42-0.16-0.20.830.88-0.620.51-0.2-0.080.170.620.460.050.340.82
0.710.680.780.760.340.06-0.710.970.240.880.160.34-0.070.690.540.20.5-0.070.630.060.530.750.771.00.69
-0.060.60.350.2-0.490.06-0.050.04-0.930.280.630.75-0.4-0.09-0.180.740.41-0.40.64-0.770.240.210.580.06-0.08
-0.64-0.47-0.74-0.77-0.53-0.71-0.05-0.68-0.1-0.590.18-0.180.26-0.63-0.560.09-0.440.26-0.2-0.05-0.69-0.87-0.45-0.71-0.63
0.580.570.740.760.240.970.04-0.680.220.770.080.21-0.030.560.390.30.34-0.030.520.180.450.660.690.970.56
0.34-0.3-0.070.060.60.24-0.93-0.10.220.06-0.43-0.50.280.360.37-0.71-0.160.28-0.340.64-0.030.01-0.250.240.35
0.710.90.850.710.240.880.28-0.590.770.060.550.7-0.190.680.470.140.64-0.190.82-0.340.630.760.90.870.68
0.040.730.410.15-0.420.160.630.180.08-0.430.550.85-0.20.01-0.230.330.31-0.20.75-0.760.150.060.620.160.02
0.360.880.630.43-0.160.340.75-0.180.21-0.50.70.85-0.460.330.130.320.67-0.460.85-0.880.50.450.820.340.34
-0.42-0.36-0.47-0.6-0.2-0.07-0.40.26-0.030.28-0.19-0.2-0.46-0.42-0.17-0.05-0.591.0-0.240.61-0.56-0.14-0.42-0.07-0.42
1.00.520.540.630.830.69-0.09-0.630.560.360.680.010.33-0.420.91-0.250.83-0.420.46-0.180.820.690.590.691.0
0.90.310.250.350.880.54-0.18-0.560.390.370.47-0.230.13-0.170.91-0.30.76-0.170.29-0.030.670.680.360.540.91
-0.230.30.180.13-0.620.20.740.090.3-0.710.140.330.32-0.05-0.25-0.30.08-0.050.51-0.24-0.070.020.460.2-0.25
0.840.70.490.510.510.50.41-0.440.34-0.160.640.310.67-0.590.830.760.08-0.590.71-0.630.770.620.740.50.84
-0.42-0.36-0.47-0.6-0.2-0.07-0.40.26-0.030.28-0.19-0.2-0.461.0-0.42-0.17-0.05-0.59-0.240.61-0.56-0.14-0.42-0.07-0.42
0.480.90.60.44-0.080.630.64-0.20.52-0.340.820.750.85-0.240.460.290.510.71-0.24-0.640.420.50.930.630.46
-0.2-0.66-0.33-0.170.170.06-0.77-0.050.180.64-0.34-0.76-0.880.61-0.18-0.03-0.24-0.630.61-0.64-0.37-0.16-0.550.06-0.19
0.820.550.640.70.620.530.24-0.690.45-0.030.630.150.5-0.560.820.67-0.070.77-0.560.42-0.370.720.610.530.82
0.710.650.720.650.460.750.21-0.870.660.010.760.060.45-0.140.690.680.020.62-0.140.5-0.160.720.640.750.69
0.620.920.820.730.050.770.58-0.450.69-0.250.90.620.82-0.420.590.360.460.74-0.420.93-0.550.610.640.770.6
0.710.680.780.760.341.00.06-0.710.970.240.870.160.34-0.070.690.540.20.5-0.070.630.060.530.750.770.69
1.00.520.540.640.820.69-0.08-0.630.560.350.680.020.34-0.421.00.91-0.250.84-0.420.46-0.190.820.690.60.69
Click cells to compare fundamentals

Forte Biosciences Account Relationship Matchups

Forte Biosciences fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets61.2M43.3M42.0M39.0M35.1M43.2M
Other Current Liab1.0M812K2.0M2.2M2.0M4.0M
Total Current Liabilities2.3M1.8M3.2M3.7M3.3M6.0M
Total Stockholder Equity59.0M41.5M38.8M35.3M40.6M42.2M
Property Plant And Equipment Net150.6K97K0.0109K98.1K93.2K
Net Debt(58.8M)(42.0M)(41.1M)(12.0M)(10.8M)(11.3M)
Retained Earnings(51.5M)(73.2M)(87.0M)(118.5M)(136.3M)(143.1M)
Accounts Payable1.2M946K1.2M1.4M1.3M1.3M
Cash58.8M42.0M41.1M12.0M13.8M13.1M
Non Current Assets Total1.3M786K486K653K587.7K558.3K
Cash And Short Term Investments58.8M42.0M41.1M37.1M33.4M41.0M
Common Stock Shares Outstanding294.4K558.7K695.3K1.3M1.1M862.0K
Liabilities And Stockholders Equity61.2M43.3M42.0M39.0M35.1M43.2M
Non Current Liabilities Total28.4M10.5M1.2M946K1.2M0.0
Other Current Assets1.1M476K411K1.2M1.1M831.3K
Other Stockholder Equity49.2M71.4M125.8M153.8M138.4M96.1M
Total Liab2.3M1.8M3.2M3.7M3.3M3.1M
Property Plant And Equipment Gross150.6K97K0.0118K106.2K100.9K
Total Current Assets59.9M42.5M41.5M38.3M34.5M41.8M
Accumulated Other Comprehensive Income10K(61.2M)(43.3M)4K3.6K3.8K
Net Tangible Assets(4.8M)59.0M41.5M38.8M44.6M29.4M
Net Invested Capital59.0M41.5M38.8M35.3M40.6M37.4M
Capital Stock13K15K21K36K41.4K43.5K
Net Working Capital57.6M40.8M38.3M34.7M39.9M38.9M

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