Foresight Non Current Liabilities Total vs Asset Turnover Analysis

FRSX Stock  USD 1.36  0.09  6.21%   
Foresight Autonomous financial indicator trend analysis is much more than just examining Foresight Autonomous latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foresight Autonomous is a good investment. Please check the relationship between Foresight Autonomous Non Current Liabilities Total and its Asset Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foresight Autonomous Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Non Current Liabilities Total vs Asset Turnover

Non Current Liabilities Total vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foresight Autonomous Non Current Liabilities Total account and Asset Turnover. At this time, the significance of the direction appears to have weak relationship.
The correlation between Foresight Autonomous' Non Current Liabilities Total and Asset Turnover is 0.37. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Foresight Autonomous Holdings, assuming nothing else is changed. The correlation between historical values of Foresight Autonomous' Non Current Liabilities Total and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Foresight Autonomous Holdings are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Non Current Liabilities Total i.e., Foresight Autonomous' Non Current Liabilities Total and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Foresight Autonomous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foresight Autonomous 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 Foresight Autonomous Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Foresight Autonomous' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.09 in 2025, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2025.
 2024 2025 (projected)
Minority Interest66.6K59.2K
Reconciled Depreciation302.5K225.8K

Foresight Autonomous fundamental ratios Correlations

-0.97-0.93-0.65-0.83-0.95-0.77-0.63-0.85-0.84-0.66-0.93-0.92-0.920.610.86-0.69-0.37-0.64-0.7-0.16-0.160.120.06-0.97-0.65
-0.970.950.750.90.990.80.670.880.860.770.950.940.92-0.69-0.870.760.430.750.620.260.1-0.070.010.960.76
-0.930.950.680.720.940.640.60.780.70.710.840.850.85-0.76-0.850.820.210.730.480.10.3-0.26-0.220.920.74
-0.650.750.680.810.810.750.70.830.811.00.810.810.74-0.87-0.50.870.710.980.210.71-0.120.160.450.590.98
-0.830.90.720.810.90.870.70.890.930.810.930.90.81-0.59-0.740.650.670.760.650.52-0.250.270.350.810.77
-0.950.990.940.810.90.830.710.890.870.820.940.920.88-0.74-0.870.810.430.810.580.340.05-0.020.030.920.82
-0.770.80.640.750.870.830.640.830.890.720.820.80.72-0.53-0.660.580.590.670.580.46-0.220.240.310.720.68
-0.630.670.60.70.70.710.640.90.670.710.760.740.71-0.57-0.590.610.350.730.280.59-0.460.510.050.620.73
-0.850.880.780.830.890.890.830.90.910.840.960.960.92-0.69-0.70.740.580.820.530.55-0.230.270.210.820.83
-0.840.860.70.810.930.870.890.670.910.790.950.930.88-0.63-0.640.680.730.740.670.52-0.160.190.420.770.75
-0.660.770.711.00.810.820.720.710.840.790.820.820.75-0.88-0.520.890.670.990.190.69-0.10.130.40.610.99
-0.930.950.840.810.930.940.820.760.960.950.820.990.96-0.67-0.770.740.620.790.640.48-0.040.080.230.890.8
-0.920.940.850.810.90.920.80.740.960.930.820.990.98-0.7-0.710.760.630.790.620.44-0.010.050.240.890.8
-0.920.920.850.740.810.880.720.710.920.880.750.960.98-0.64-0.70.720.570.720.580.360.12-0.070.160.90.73
0.61-0.69-0.76-0.87-0.59-0.74-0.53-0.57-0.69-0.63-0.88-0.67-0.7-0.640.44-0.99-0.38-0.92-0.09-0.37-0.10.08-0.11-0.53-0.92
0.86-0.87-0.85-0.5-0.74-0.87-0.66-0.59-0.7-0.64-0.52-0.77-0.71-0.70.44-0.53-0.1-0.53-0.53-0.15-0.120.080.28-0.88-0.55
-0.690.760.820.870.650.810.580.610.740.680.890.740.760.72-0.99-0.530.380.930.170.350.12-0.090.080.620.93
-0.370.430.210.710.670.430.590.350.580.730.670.620.630.57-0.38-0.10.380.580.320.73-0.210.230.90.320.58
-0.640.750.730.980.760.810.670.730.820.740.990.790.790.72-0.92-0.530.930.580.130.65-0.080.110.30.591.0
-0.70.620.480.210.650.580.580.280.530.670.190.640.620.58-0.09-0.530.170.320.13-0.04-0.10.10.080.630.15
-0.160.260.10.710.520.340.460.590.550.520.690.480.440.36-0.37-0.150.350.730.65-0.04-0.450.490.690.110.65
-0.160.10.3-0.12-0.250.05-0.22-0.46-0.23-0.16-0.1-0.04-0.010.12-0.1-0.120.12-0.21-0.08-0.1-0.45-1.0-0.320.18-0.08
0.12-0.07-0.260.160.27-0.020.240.510.270.190.130.080.05-0.070.080.08-0.090.230.110.10.49-1.00.31-0.140.12
0.060.01-0.220.450.350.030.310.050.210.420.40.230.240.16-0.110.280.080.90.30.080.69-0.320.31-0.110.3
-0.970.960.920.590.810.920.720.620.820.770.610.890.890.9-0.53-0.880.620.320.590.630.110.18-0.14-0.110.61
-0.650.760.740.980.770.820.680.730.830.750.990.80.80.73-0.92-0.550.930.581.00.150.65-0.080.120.30.61
Click cells to compare fundamentals

Foresight Autonomous Account Relationship Matchups

Foresight Autonomous fundamental ratios Accounts

202020212022202320242025 (projected)
Retained Earnings(64.7M)(79.8M)(101.5M)(119.9M)(107.9M)(102.5M)
Other Stockholder Equity111.7M128.2M129.8M135.3M155.6M163.4M
Common Stock Shares Outstanding312.8M322.7M322.8M331.4M381.1M400.1M
Total Stockholder Equity47.0M48.4M28.3M15.4M17.7M25.4M
Net Tangible Assets23.6M16.3M47.0M48.4M55.7M58.4M
Non Current Liabilities Total853K2.1M1.5M1.2M1.3M1.2M
Total Liab2.9M4.8M4.1M3.3M3.8M2.9M
Total Assets50.0M53.5M32.9M19.3M22.2M32.1M
Other Current Liab1.2M1.9M1.8M1.5M1.8M1.3M
Total Current Liabilities2.0M2.7M2.6M2.2M2.5M2.0M
Property Plant And Equipment Net1.5M3.1M2.8M2.3M2.6M1.7M
Net Debt(37.5M)(25.3M)(17.2M)(14.0M)(12.6M)(13.2M)
Accounts Payable391K253K315K136K122.4K116.3K
Cash38.8M28.1M19.2M15.6M18.0M16.9M
Non Current Assets Total5.6M7.1M5.6M2.3M2.6M2.5M
Cash And Short Term Investments44.0M45.6M26.4M16.1M18.5M25.6M
Net Receivables204K(114K)842K692K795.8K426.2K
Short Term Investments5.2M17.5M7.2M474K426.6K405.3K
Liabilities And Stockholders Equity50.0M53.5M32.9M19.3M22.2M32.1M
Inventory(401K)114K(842K)1.01.151.21
Other Current Assets197K775K944K246K221.4K210.3K
Long Term Investments7.6M6.7M4.1M4.0M2.8M0.0
Property Plant And Equipment Gross1.5M3.1M2.8M3.6M4.1M4.3M
Total Current Assets44.4M46.4M27.3M17.0M19.6M26.2M
Property Plant Equipment787K1.9M1.5M3.1M3.6M3.7M
Net Invested Capital47.0M48.4M28.3M15.4M17.7M32.0M
Net Working Capital42.4M43.7M24.7M14.9M17.1M27.2M
Short Long Term Debt Total1.3M2.7M2.0M1.6M1.9M2.0M
Capital Lease Obligations1.3M2.7M2.0M1.6M1.9M2.0M
Short Term Debt427K587K527K468K538.2K532.4K

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