Forestar Historical Balance Sheet

FOR Stock  USD 28.77  0.14  0.48%   
Trend analysis of Forestar Group balance sheet accounts such as Total Stockholder Equity of 1.7 B or Net Debt of 182.6 M provides information on Forestar's total assets, liabilities, and equity, which is the actual value of Forestar Group to its prevalent stockholders. By breaking down trends over time using Forestar balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Forestar Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Forestar Group is a good buy for the upcoming year.

Forestar Inventory

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forestar Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Forestar Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Forestar Group at a specified time, usually calculated after every quarter, six months, or one year. Forestar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Forestar and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Forestar currently owns. An asset can also be divided into two categories, current and non-current.

Forestar Balance Sheet Chart

At this time, Forestar's Total Liabilities is relatively stable compared to the past year. As of 11/22/2024, Other Current Liabilities is likely to grow to about 199.6 M, while Net Debt is likely to drop slightly above 182.6 M.

Total Assets

Total assets refers to the total amount of Forestar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Forestar Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Forestar's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Forestar Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Forestar Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Forestar's Total Liabilities is relatively stable compared to the past year. As of 11/22/2024, Other Current Liabilities is likely to grow to about 199.6 M, while Net Debt is likely to drop slightly above 182.6 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total741.1M830.5M706.4M391.1M
Total Assets2.3B2.5B2.8B3.0B

Forestar balance sheet Correlations

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0.680.430.76-0.290.50.070.50.70.550.170.570.630.660.570.53-0.2-0.70.720.61-0.651.0-0.12-0.470.90.7
0.950.870.880.650.970.390.810.70.99-0.110.990.710.950.910.53-0.74-0.50.640.93-0.40.530.01-0.570.360.84
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0.990.780.960.490.970.410.910.780.96-0.210.970.830.970.980.610.93-0.57-0.590.73-0.490.61-0.04-0.550.470.93
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Click cells to compare fundamentals

Forestar Account Relationship Matchups

Forestar balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.1B2.3B2.5B2.8B3.0B
Short Long Term Debt Total714.9M759.9M741.1M830.5M706.4M391.1M
Total Stockholder Equity870.9M1.0B1.2B1.4B1.6B1.7B
Net Debt246.8M550.9M441.2M79M225.2M182.6M
Non Current Assets Total1.3B1.9B2.1B1.9B2.1B2.2B
Non Currrent Assets Other1.3B1.9B2.1B1.8B(7.1M)(6.7M)
Other Assets1M2.1B2.1B1.8B2.8B3.0B
Common Stock Shares Outstanding48.1M49.0M49.8M50.1M50.8M44.4M
Liabilities And Stockholders Equity1.7B2.1B2.3B2.5B2.8B3.0B
Non Current Liabilities Total745.1M877.2M879.1M867.1M997.2M1.0B
Other Stockholder Equity386.9M636.2M(1.1B)644.2M665.2M698.5M
Total Liab868.1M1.1B1.1B1.1B1.2B1.3B
Other Current Liab10.5M1.3M137.1M165.3M190.1M199.6M
Other Liab124M172.7M173.1M189.9M218.4M229.3M
Accounts Payable29.2M47.4M72.2M68.4M78.7M82.6M
Cash394.3M153.6M264.8M616M481.2M505.3M
Long Term Debt641.1M704.5M706M695M799.3M839.2M
Inventory(10.4M)(26.9M)(40.3M)1.00.90.86
Other Current Assets10.4M25.8M28.9M(641.7M)(481.2M)(457.1M)
Property Plant Equipment4.7M2.9M5.7M1.8B2.1B2.2B
Total Current Liabilities123M208.6M264.6M233.7M268.8M282.2M
Property Plant And Equipment Net1.1M2.9M5.7M5.9M7.1M6.7M
Cash And Short Term Investments394.3M153.6M264.8M616M481.2M505.3M
Net Receivables6.3M1.1M11.4M25.7M29.6M16.4M
Property Plant And Equipment Gross3.7M10.7M14.8M14.9M13.4M12.7M
Total Current Assets400.6M153.6M264.8M616M708.4M396.6M
Retained Earnings218.9M329.1M507.9M674.8M878.2M922.1M
Common Stock48.1M49.6M49.8M49.9M50.7M46.1M
Net Tangible Assets870.9M1.0B1.2B1.4B1.6B847.8M
Long Term Debt Total641.1M704.5M706M695M799.3M459.4M

Pair Trading with Forestar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forestar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forestar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Forestar Stock

  0.64CKX CKX LandsPairCorr

Moving against Forestar Stock

  0.36CBL CBL Associates PropertiesPairCorr
The ability to find closely correlated positions to Forestar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forestar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forestar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forestar Group to buy it.
The correlation of Forestar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forestar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forestar Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forestar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Forestar Stock Analysis

When running Forestar's price analysis, check to measure Forestar's 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 Forestar is operating at the current time. Most of Forestar's value examination focuses on studying past and present price action to predict the probability of Forestar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forestar's price. Additionally, you may evaluate how the addition of Forestar to your portfolios can decrease your overall portfolio volatility.