Fortress Accounts Payable vs Intangible Assets Analysis

FTAIN Stock  USD 25.28  0.06  0.24%   
Fortress Transportation financial indicator trend analysis is much more than just examining Fortress Transportation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortress Transportation is a good investment. Please check the relationship between Fortress Transportation Accounts Payable and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortress Transportation Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fortress Transportation's Accounts Payable and Intangible Assets is -0.17. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Fortress Transportation and, assuming nothing else is changed. The correlation between historical values of Fortress Transportation's Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Fortress Transportation and are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Fortress Transportation's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Fortress Transportation obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fortress Transportation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Fortress Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortress Transportation 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 Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 16th of February 2025, Enterprise Value is likely to grow to about 6.7 B, while Selling General Administrative is likely to drop about 13.3 M.
 2022 2023 2024 2025 (projected)
Interest Expense169.2M161.6M185.9M195.2M
Depreciation And Amortization166.8M185.0M212.8M117.2M

Fortress Transportation fundamental ratios Correlations

0.870.30.980.480.990.840.890.510.990.750.5-0.010.830.880.470.590.580.890.61-0.75-0.180.530.120.18-0.17
0.870.340.860.010.851.00.790.260.840.70.250.050.851.00.760.540.141.00.76-0.59-0.240.69-0.070.3-0.39
0.30.340.230.010.340.320.310.250.340.470.24-0.510.40.340.160.080.090.330.0-0.13-0.480.130.16-0.22-0.29
0.980.860.230.440.980.840.890.450.980.730.44-0.030.80.880.450.620.530.890.57-0.68-0.250.610.140.23-0.11
0.480.010.010.440.49-0.040.370.660.510.270.67-0.140.110.05-0.310.260.970.070.01-0.530.1-0.190.27-0.20.42
0.990.850.340.980.490.830.920.461.00.780.46-0.070.840.870.430.550.590.880.53-0.74-0.280.570.150.11-0.17
0.841.00.320.84-0.040.830.770.180.820.690.170.060.840.990.770.520.090.990.73-0.55-0.270.73-0.080.31-0.42
0.890.790.310.890.370.920.770.40.890.60.39-0.130.90.810.510.210.420.820.5-0.73-0.390.62-0.11-0.17-0.06
0.510.260.250.450.660.460.180.40.470.231.0-0.170.310.280.10.260.640.290.46-0.510.3-0.350.03-0.020.23
0.990.840.340.980.511.00.820.890.470.80.47-0.060.810.860.40.580.610.870.52-0.74-0.260.560.190.12-0.17
0.750.70.470.730.270.780.690.60.230.80.230.010.620.710.10.570.440.710.2-0.52-0.240.50.60.16-0.57
0.50.250.240.440.670.460.170.391.00.470.23-0.180.310.270.10.250.650.280.45-0.520.29-0.350.02-0.030.24
-0.010.05-0.51-0.03-0.14-0.070.06-0.13-0.17-0.060.01-0.18-0.170.03-0.050.06-0.130.030.24-0.110.70.00.110.22-0.18
0.830.850.40.80.110.840.840.90.310.810.620.31-0.170.860.650.250.220.860.58-0.68-0.370.58-0.120.01-0.36
0.881.00.340.880.050.870.990.810.280.860.710.270.030.860.750.530.171.00.75-0.61-0.260.69-0.070.28-0.37
0.470.760.160.45-0.310.430.770.510.10.40.10.1-0.050.650.750.18-0.270.740.84-0.32-0.190.49-0.660.24-0.17
0.590.540.080.620.260.550.520.210.260.580.570.250.060.250.530.180.390.540.39-0.190.050.240.450.81-0.26
0.580.140.090.530.970.590.090.420.640.610.440.65-0.130.220.17-0.270.390.190.06-0.60.09-0.140.38-0.080.2
0.891.00.330.890.070.880.990.820.290.870.710.280.030.861.00.740.540.190.74-0.61-0.260.69-0.060.27-0.36
0.610.760.00.570.010.530.730.50.460.520.20.450.240.580.750.840.390.060.74-0.520.250.23-0.450.38-0.12
-0.75-0.59-0.13-0.68-0.53-0.74-0.55-0.73-0.51-0.74-0.52-0.52-0.11-0.68-0.61-0.32-0.19-0.6-0.61-0.52-0.12-0.20.010.140.16
-0.18-0.24-0.48-0.250.1-0.28-0.27-0.390.3-0.26-0.240.290.7-0.37-0.26-0.190.050.09-0.260.25-0.12-0.640.070.26-0.03
0.530.690.130.61-0.190.570.730.62-0.350.560.5-0.350.00.580.690.490.24-0.140.690.23-0.2-0.64-0.050.06-0.19
0.12-0.070.160.140.270.15-0.08-0.110.030.190.60.020.11-0.12-0.07-0.660.450.38-0.06-0.450.010.07-0.050.24-0.37
0.180.3-0.220.23-0.20.110.31-0.17-0.020.120.16-0.030.220.010.280.240.81-0.080.270.380.140.260.060.24-0.32
-0.17-0.39-0.29-0.110.42-0.17-0.42-0.060.23-0.17-0.570.24-0.18-0.36-0.37-0.17-0.260.2-0.36-0.120.16-0.03-0.19-0.37-0.32
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Fortress Transportation Account Relationship Matchups

Fortress Transportation fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.4B4.9B2.4B3.0B3.4B2.4B
Short Long Term Debt Total2.0B3.3B2.2B2.5B2.9B3.0B
Other Current Liab188.1M15.1M97.9M6.4M7.4M7.8M
Total Current Liabilities113.2M202.7M86.5M112.9M129.8M88.3M
Total Stockholder Equity1.1B1.1B18.9M175.3M201.7M191.6M
Property Plant And Equipment Net2.7B3.5B1.9B2.1B2.4B1.8B
Net Debt1.8B3.1B2.1B2.4B2.8B2.9B
Accounts Payable110.4M87.0M81.7M106.5M122.5M71.7M
Cash121.7M188.1M33.6M90.8M104.4M119.4M
Non Current Assets Total3.1B4.2B2.3B2.3B2.6B2.1B
Non Currrent Assets Other177.9M263.6M270.0M54.8M63.1M107.7M
Cash And Short Term Investments121.7M188.1M33.6M90.8M104.4M121.0M
Net Receivables99.3M132.5M155.0M118.2M106.3M94.1M
Common Stock Shares Outstanding86.0M89.9M99.4M100.4M115.5M84.7M
Liabilities And Stockholders Equity3.4B4.9B2.4B3.0B3.4B2.4B
Non Current Liabilities Total2.2B3.5B2.3B2.7B3.1B3.2B
Inventory58.3M107.1M(8.6M)316.6M364.1M382.3M
Other Current Assets55.9M2.4B28.1M153.8M176.8M252.6M
Other Stockholder Equity1.1B1.4B343.4M256.0M294.4M279.7M
Total Liab2.3B3.7B2.4B2.8B3.2B3.4B
Total Current Assets260.0M622.9M152.5M679.3M781.2M820.3M
Accumulated Other Comprehensive Income372K(26.2M)(156.4M)(1.0M)(901.8K)(946.9K)
Common Stock856K992K997K1.0M901.8K856.7K
Short Term Debt36.0M25M100.5M70.4M63.4M75.7M
Good Will122.6M122.7M257.1M4.6M5.3M5.1M
Intangible Assets18.8M98.7M42.0M50.6M58.2M49.7M
Retained Earnings(28.2M)(132.4M)(325.6M)(81.8M)(73.6M)(77.3M)
Other Liab41.1M23.4M96.3M36.5M32.8M42.0M
Net Tangible Assets1.1B928.6M763.2M(30.0M)(27.0M)(25.7M)
Other Assets1.7B2.0B2.1B8.2M7.4M7.1M
Long Term Debt1.9B3.2B2.2B2.5B2.9B2.3B
Net Invested Capital3.0B4.3B2.2B2.7B3.1B3.1B
Long Term Investments146.5M77.3M22.0M22.7M20.4M19.4M
Capital Stock947K1.1M1.1M1.2M1.3M1.1M
Non Current Liabilities Other208.7M243.3M148.0M158.6M142.7M171.9M
Net Working Capital146.9M420.2M66.1M230.2M264.7M201.6M
When determining whether Fortress Transportation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortress Transportation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortress Transportation And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortress Transportation And Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortress Transportation. If investors know Fortress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortress Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.303
Dividend Share
1.2
Earnings Share
(3.47)
Revenue Per Share
15.341
Quarterly Revenue Growth
0.6
The market value of Fortress Transportation is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transportation's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortress Transportation's market value can be influenced by many factors that don't directly affect Fortress Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortress Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.