Forestar Historical Cash Flow
| FOR Stock | USD 30.77 1.71 5.88% |
Analysis of Forestar cash flow over time is an excellent tool to project Forestar Group future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 2.6 M or Capital Expenditures of 2.1 M as it is a great indicator of Forestar ability to facilitate future growth, repay debt on time or pay out dividends.
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.
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About Forestar Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Forestar balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Forestar's non-liquid assets can be easily converted into cash.
Forestar Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Forestar Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Forestar operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most accounts from Forestar's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 Issuance Of Capital Stock is relatively stable compared to the past year.
Forestar cash flow statement Correlations
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Forestar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Forestar cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 11.5M | (240.7M) | 111.2M | 351.2M | (134.8M) | (128.1M) | |
| Free Cash Flow | (169M) | (304.7M) | 105.2M | 362.8M | (158.4M) | (150.5M) | |
| Change In Working Capital | (260.3M) | (456.6M) | (96.7M) | 153.7M | (381.5M) | (362.4M) | |
| Begin Period Cash Flow | 382.8M | 394.3M | 153.6M | 264.8M | 616M | 646.8M | |
| Other Cashflows From Financing Activities | (5.9M) | 450.6M | 1.3M | 300K | 16.3M | 15.5M | |
| Depreciation | 5.2M | 9.4M | 4.9M | 2.7M | 3M | 2.6M | |
| Other Non Cash Items | 200K | 18.5M | 8.1M | 22.4M | (386.9M) | (367.6M) | |
| Capital Expenditures | 600K | 1.6M | 3.5M | 1.3M | 2.2M | 2.1M | |
| Total Cash From Operating Activities | (168.4M) | (303.1M) | 108.7M | 364.1M | (158.4M) | (150.5M) | |
| Net Income | 61.7M | 110.5M | 178.8M | 166.9M | 203.4M | 213.6M | |
| Total Cash From Financing Activities | 174.9M | 61.4M | 1.2M | (13.2M) | 16.3M | 15.5M | |
| End Period Cash Flow | 394.3M | 153.6M | 264.8M | 616M | 481.2M | 505.3M | |
| Change To Liabilities | 27.9M | 77.7M | 29.4M | (27.4M) | (31.5M) | (29.9M) | |
| Total Cashflows From Investing Activities | 5M | 1M | 1.3M | 300K | 345K | 327.8K | |
| Other Cashflows From Investing Activities | 100K | 5.6M | 2.6M | 4.8M | 5.5M | 5.2M | |
| Stock Based Compensation | 2M | 2.6M | 3.3M | 4.3M | 5.3M | 5.2M | |
| Sale Purchase Of Stock | (300K) | (600K) | (500K) | (700K) | (3.4M) | (3.6M) | |
| Change To Netincome | 26.2M | 40.6M | 23.9M | 40.5M | 46.6M | 40.4M | |
| Investments | 5M | 2.6M | 1.6M | 300K | 7.3M | 7.7M | |
| Net Borrowings | 350M | 181.1M | 36M | (12.5M) | (14.4M) | (13.7M) | |
| Change To Operating Activities | (285.1M) | (540.6M) | (126.1M) | 181.1M | 163.0M | 171.1M | |
| Issuance Of Capital Stock | 23.3M | 33.4M | 1.7M | 0.0 | 19.7M | 23.8M |
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
Moving against Forestar Stock
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.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.