FSTR Net Receivables vs Retained Earnings Analysis

FSTR Stock

USD 27.80 0.53 1.94%

LB Foster financial indicator trend analysis is infinitely more than just investigating LB Foster recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LB Foster is a good investment. Please check the relationship between LB Foster Net Receivables and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in LB Foster. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in FSTR Stock, please use our How to Invest in LB Foster guide.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LB Foster Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.

The correlation between LB Foster's Net Receivables and Retained Earnings is 0.23. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of LB Foster, assuming nothing else is changed. The correlation between historical values of LB Foster's Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of LB Foster are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., LB Foster's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from LB Foster's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LB Foster 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 LB Foster. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in FSTR Stock, please use our How to Invest in LB Foster guide.At this time, LB Foster's Discontinued Operations is relatively stable compared to the past year. As of 11/25/2024, Tax Provision is likely to grow to about 38.3 M, while Selling General Administrative is likely to drop slightly above 58.5 M.

	2023	2024 (projected)
Reconciled Depreciation	15.8M	12.1M
Interest Income	353.1K	294.3K

Reconciled Depreciation Interest Income

LB Foster fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.21	-0.35	0.51	0.72	0.5	-0.03	0.77	0.4	0.92	-0.22	0.4	0.34	-0.03	0.31	0.38	-0.29	-0.75	0.42	-0.11	0.68	-0.34	0.19	0.64	-0.04	-0.04
Short Long Term Debt Total	0.21		0.01	0.07	-0.44	0.84	0.92	-0.38	-0.46	0.46	-0.02	-0.46	0.03	-0.01	0.96	0.01	0.27	0.12	0.87	0.4	-0.35	0.35	0.36	-0.05	-0.03	-0.03
Other Current Liab	-0.35	0.01		0.3	-0.48	0.1	0.15	-0.49	-0.38	-0.28	-0.07	-0.38	-0.06	-0.14	0.07	0.22	0.13	0.64	0.15	0.01	-0.33	0.13	0.02	0.01	0.04	0.03
Total Current Liabilities	0.51	0.07	0.3		0.12	0.5	0.09	0.18	-0.11	0.42	-0.54	-0.11	0.46	0.33	0.29	0.65	0.06	-0.37	0.54	0.08	0.43	-0.48	-0.36	0.9	0.21	0.2
Total Stockholder Equity	0.72	-0.44	-0.48	0.12		-0.18	-0.64	1.0	0.75	0.52	0.02	0.75	0.21	-0.11	-0.41	0.1	-0.49	-0.72	-0.33	-0.33	0.76	-0.42	0.08	0.35	-0.03	-0.03
Property Plant And Equipment Net	0.5	0.84	0.1	0.5	-0.18		0.79	-0.1	-0.45	0.71	-0.11	-0.45	0.37	0.22	0.89	0.16	0.31	-0.11	0.92	0.41	-0.12	-0.02	0.11	0.33	0.17	0.17
Net Debt	-0.03	0.92	0.15	0.09	-0.64	0.79		-0.6	-0.76	0.29	0.08	-0.76	0.07	0.19	0.89	-0.07	0.51	0.35	0.81	0.56	-0.61	0.28	0.22	-0.08	0.09	0.09
Retained Earnings	0.77	-0.38	-0.49	0.18	1.0	-0.1	-0.6		0.74	0.58	-0.03	0.74	0.23	-0.1	-0.34	0.14	-0.47	-0.76	-0.25	-0.33	0.79	-0.42	0.07	0.4	-0.02	-0.02
Cash	0.4	-0.46	-0.38	-0.11	0.75	-0.45	-0.76	0.74		0.09	-0.2	1.0	-0.15	-0.42	-0.45	0.16	-0.72	-0.63	-0.43	-0.58	0.81	-0.08	0.1	0.09	-0.24	-0.24
Non Current Assets Total	0.92	0.46	-0.28	0.42	0.52	0.71	0.29	0.58	0.09		-0.03	0.09	0.32	0.04	0.51	0.24	-0.06	-0.52	0.57	0.11	0.34	-0.23	0.32	0.5	0.03	0.03
Non Currrent Assets Other	-0.22	-0.02	-0.07	-0.54	0.02	-0.11	0.08	-0.03	-0.2	-0.03		-0.2	-0.12	-0.04	-0.2	-0.55	0.02	0.39	-0.33	0.17	-0.49	0.38	0.26	-0.59	0.03	0.03
Cash And Short Term Investments	0.4	-0.46	-0.38	-0.11	0.75	-0.45	-0.76	0.74	1.0	0.09	-0.2		-0.15	-0.42	-0.45	0.16	-0.72	-0.63	-0.43	-0.58	0.81	-0.08	0.1	0.09	-0.24	-0.24
Net Receivables	0.34	0.03	-0.06	0.46	0.21	0.37	0.07	0.23	-0.15	0.32	-0.12	-0.15		0.32	0.07	-0.24	0.19	-0.23	0.19	0.08	0.22	-0.49	-0.33	0.36	0.19	0.19
Common Stock Shares Outstanding	-0.03	-0.01	-0.14	0.33	-0.11	0.22	0.19	-0.1	-0.42	0.04	-0.04	-0.42	0.32		0.0	-0.11	0.59	-0.2	0.1	0.73	-0.15	-0.62	-0.74	0.25	0.78	0.78
Non Current Liabilities Total	0.31	0.96	0.07	0.29	-0.41	0.89	0.89	-0.34	-0.45	0.51	-0.2	-0.45	0.07	0.0		0.23	0.26	0.03	0.96	0.3	-0.23	0.26	0.3	0.18	-0.09	-0.09
Inventory	0.38	0.01	0.22	0.65	0.1	0.16	-0.07	0.14	0.16	0.24	-0.55	0.16	-0.24	-0.11	0.23		-0.26	-0.29	0.39	-0.22	0.48	-0.15	0.01	0.75	-0.19	-0.19
Other Current Assets	-0.29	0.27	0.13	0.06	-0.49	0.31	0.51	-0.47	-0.72	-0.06	0.02	-0.72	0.19	0.59	0.26	-0.26		0.33	0.25	0.4	-0.58	-0.28	-0.38	-0.13	0.26	0.26
Other Stockholder Equity	-0.75	0.12	0.64	-0.37	-0.72	-0.11	0.35	-0.76	-0.63	-0.52	0.39	-0.63	-0.23	-0.2	0.03	-0.29	0.33		-0.08	0.11	-0.82	0.44	0.28	-0.55	-0.17	-0.17
Total Liab	0.42	0.87	0.15	0.54	-0.33	0.92	0.81	-0.25	-0.43	0.57	-0.33	-0.43	0.19	0.1	0.96	0.39	0.25	-0.08		0.29	-0.08	0.09	0.16	0.41	-0.02	-0.02
Property Plant And Equipment Gross	-0.11	0.4	0.01	0.08	-0.33	0.41	0.56	-0.33	-0.58	0.11	0.17	-0.58	0.08	0.73	0.3	-0.22	0.4	0.11	0.29		-0.47	-0.21	-0.23	-0.02	0.8	0.8
Total Current Assets	0.68	-0.35	-0.33	0.43	0.76	-0.12	-0.61	0.79	0.81	0.34	-0.49	0.81	0.22	-0.15	-0.23	0.48	-0.58	-0.82	-0.08	-0.47		-0.4	-0.13	0.61	-0.15	-0.15
Short Term Debt	-0.34	0.35	0.13	-0.48	-0.42	-0.02	0.28	-0.42	-0.08	-0.23	0.38	-0.08	-0.49	-0.62	0.26	-0.15	-0.28	0.44	0.09	-0.21	-0.4		0.54	-0.55	-0.46	-0.46
Intangible Assets	0.19	0.36	0.02	-0.36	0.08	0.11	0.22	0.07	0.1	0.32	0.26	0.1	-0.33	-0.74	0.3	0.01	-0.38	0.28	0.16	-0.23	-0.13	0.54		-0.22	-0.56	-0.56
Accounts Payable	0.64	-0.05	0.01	0.9	0.35	0.33	-0.08	0.4	0.09	0.5	-0.59	0.09	0.36	0.25	0.18	0.75	-0.13	-0.55	0.41	-0.02	0.61	-0.55	-0.22		0.08	0.08
Common Stock Total Equity	-0.04	-0.03	0.04	0.21	-0.03	0.17	0.09	-0.02	-0.24	0.03	0.03	-0.24	0.19	0.78	-0.09	-0.19	0.26	-0.17	-0.02	0.8	-0.15	-0.46	-0.56	0.08		1.0
Common Stock	-0.04	-0.03	0.03	0.2	-0.03	0.17	0.09	-0.02	-0.24	0.03	0.03	-0.24	0.19	0.78	-0.09	-0.19	0.26	-0.17	-0.02	0.8	-0.15	-0.46	-0.56	0.08	1.0

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LB Foster Account Relationship Matchups

LB Foster fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	405.2M	370.4M	342.6M	365.3M	313.2M	280.5M
Short Long Term Debt Total	68.5M	58.5M	43.5M	106.0M	67.1M	57.9M
Other Current Liab	39.0M	33.3M	31.3M	34.8M	42.4M	24.1M
Total Current Liabilities	116.7M	95.3M	86.2M	103.1M	95.3M	74.3M
Total Stockholder Equity	169.9M	176.8M	183.1M	137.2M	142.1M	140.7M
Property Plant And Equipment Net	95.6M	78.2M	73.4M	102.6M	90.9M	54.5M
Net Debt	54.3M	51.0M	33.2M	103.2M	64.6M	67.8M
Retained Earnings	157.5M	165.1M	168.7M	123.2M	124.6M	112.2M
Cash	14.2M	7.6M	10.4M	2.9M	2.6M	2.4M
Non Current Assets Total	188.5M	175.1M	163.1M	159.6M	145.2M	106.0M
Non Currrent Assets Other	1.2M	1.2M	1.3M	2.4M	2.7M	3.6M
Cash And Short Term Investments	14.2M	7.6M	10.4M	2.9M	2.6M	2.4M
Net Receivables	78.6M	58.3M	92.1M	116.1M	83.0M	64.3M
Common Stock Shares Outstanding	10.6M	10.7M	10.8M	10.7M	11.0M	11.3M
Liabilities And Stockholders Equity	405.2M	370.4M	342.6M	365.3M	313.2M	280.5M
Non Current Liabilities Total	118.6M	98.3M	72.8M	124.6M	75.1M	65.4M
Inventory	119.3M	116.5M	62.9M	75.7M	73.5M	77.6M
Other Current Assets	4.6M	13.0M	14.1M	11.1M	9.0M	9.4M
Other Stockholder Equity	32.4M	31.9M	33.1M	35.1M	36.6M	33.0M
Total Liab	235.3M	193.6M	159.0M	227.7M	170.4M	139.7M
Property Plant And Equipment Gross	95.6M	78.2M	73.4M	102.6M	191.9M	201.5M
Total Current Assets	216.7M	195.3M	179.5M	205.7M	168.0M	174.5M
Accumulated Other Comprehensive Income	(20.2M)	(20.3M)	(18.8M)	(21.2M)	(19.3M)	(20.2M)
Short Term Debt	2.9M	119K	98K	127K	102K	96.9K
Intangible Assets	43.5M	36.9M	31.0M	23.8M	19.0M	35.1M
Accounts Payable	66.4M	54.8M	41.4M	48.8M	40.3M	43.8M
Other Liab	53.0M	39.8M	29.4M	18.7M	21.5M	18.4M
Other Assets	29.8M	55.8M	38.6M	2.4M	2.7M	2.6M
Long Term Debt	55.3M	44.9M	31.2M	91.8M	55.2M	51.1M
Treasury Stock	(18.2M)	(16.8M)	(12.7M)	(10.2M)	(9.2M)	(9.6M)
Property Plant Equipment	82.3M	78.2M	73.4M	102.6M	118.0M	66.5M
Current Deferred Revenue	8.4M	7.1M	13.4M	19.5M	12.5M	8.6M
Good Will	19.6M	20.3M	20.2M	30.7M	32.6M	28.1M
Short Term Investments	222K	675K	175K	1.9M	1.2M	804.1K
Net Tangible Assets	192.6M	194.0M	131.9M	104.8M	94.3M	115.9M
Retained Earnings Total Equity	157.5M	165.1M	168.7M	123.2M	110.9M	161.6M
Long Term Debt Total	55.3M	44.9M	31.2M	91.8M	105.5M	70.5M
Capital Surpluse	49.2M	44.6M	43.3M	41.3M	37.2M	36.7M

Pair Trading with LB Foster

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 LB Foster 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 LB Foster will appreciate offsetting losses from the drop in the long position's value.

Moving together with FSTR Stock

0.86

GFF

Griffon

Pair Corr

Moving against FSTR Stock

0.74	RUN	Sunrun Inc Aggressive Push	Pair Corr
0.7	SLDP	Solid Power	Pair Corr
0.6	EFSH	1847 Holdings LLC	Pair Corr
0.44	ZEO	Zeo Energy Corp Symbol Change	Pair Corr
0.44	PITA	Heramba Electric plc	Pair Corr

The ability to find closely correlated positions to LB Foster could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LB Foster 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 LB Foster - 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 LB Foster to buy it.

The correlation of LB Foster 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 LB Foster moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LB Foster 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 LB Foster 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 Correlation Correlation Matching

Additional Tools for FSTR Stock Analysis

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

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