Fortress Income Quality vs Ev To Sales Analysis

FTAIN Stock

USD 26.09 0.14 0.53%

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 Income Quality and its Ev To Sales 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.

Income Quality vs Ev To Sales

Income Quality vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortress Transportation Income Quality account and Ev To Sales. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Fortress Transportation's Income Quality and Ev To Sales is 0.1. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Ev To Sales 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 Income Quality and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Fortress Transportation and are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Income Quality i.e., Fortress Transportation's Income Quality and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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.

At this time, Fortress Transportation's Issuance Of Capital Stock is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 7.4 B, while Selling General Administrative is likely to drop about 13.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	171.0M	169.2M	161.6M	169.7M
Depreciation And Amortization	147.7M	166.8M	185.0M	117.2M

Interest Expense Depreciation And Amortization

Fortress Transportation 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	Accounts Payable	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	Total Current Assets	Common Stock	Short Term Debt	Current Deferred Revenue	Good Will	Intangible Assets	Retained Earnings
Total Assets		0.91	0.3	0.98	0.56	0.99	0.88	0.89	0.52	0.99	0.74	0.52	0.0	0.84	0.93	0.42	0.62	0.66	0.94	0.6	-0.75	-0.17	0.5	0.25	0.14	-0.16
Short Long Term Debt Total	0.91		0.37	0.91	0.21	0.91	1.0	0.8	0.28	0.9	0.76	0.27	0.09	0.86	1.0	0.53	0.63	0.35	1.0	0.58	-0.58	-0.24	0.64	0.29	0.28	-0.4
Other Current Liab	0.3	0.37		0.23	0.02	0.34	0.35	0.32	0.24	0.34	0.45	0.24	-0.51	0.45	0.36	0.17	0.09	0.1	0.35	-0.03	-0.12	-0.48	0.12	0.19	-0.23	-0.29
Total Current Liabilities	0.98	0.91	0.23		0.52	0.98	0.89	0.88	0.45	0.98	0.71	0.45	-0.02	0.82	0.93	0.41	0.64	0.6	0.94	0.55	-0.67	-0.24	0.59	0.27	0.19	-0.1
Total Stockholder Equity	0.56	0.21	0.02	0.52		0.56	0.14	0.48	0.68	0.57	0.34	0.69	-0.15	0.26	0.25	-0.24	0.27	0.97	0.26	0.15	-0.57	0.09	-0.16	0.21	-0.17	0.42
Property Plant And Equipment Net	0.99	0.91	0.34	0.98	0.56		0.88	0.92	0.47	1.0	0.76	0.47	-0.07	0.87	0.92	0.4	0.57	0.66	0.93	0.52	-0.74	-0.27	0.55	0.27	0.07	-0.16
Net Debt	0.88	1.0	0.35	0.89	0.14	0.88		0.78	0.18	0.87	0.75	0.17	0.1	0.85	0.99	0.53	0.62	0.29	0.99	0.54	-0.54	-0.27	0.69	0.3	0.29	-0.44
Accounts Payable	0.89	0.8	0.32	0.88	0.48	0.92	0.78		0.42	0.9	0.6	0.41	-0.14	0.9	0.83	0.42	0.22	0.53	0.84	0.42	-0.73	-0.39	0.59	0.04	-0.24	-0.04
Cash	0.52	0.28	0.24	0.45	0.68	0.47	0.18	0.42		0.48	0.22	1.0	-0.17	0.34	0.3	0.11	0.26	0.65	0.31	0.53	-0.51	0.3	-0.36	0.04	-0.03	0.23
Non Current Assets Total	0.99	0.9	0.34	0.98	0.57	1.0	0.87	0.9	0.48		0.77	0.48	-0.06	0.85	0.92	0.37	0.59	0.67	0.93	0.52	-0.73	-0.25	0.54	0.3	0.09	-0.16
Non Currrent Assets Other	0.74	0.76	0.45	0.71	0.34	0.76	0.75	0.6	0.22	0.77		0.21	0.02	0.67	0.76	-0.06	0.55	0.5	0.76	0.09	-0.47	-0.21	0.43	0.77	0.15	-0.52
Cash And Short Term Investments	0.52	0.27	0.24	0.45	0.69	0.47	0.17	0.41	1.0	0.48	0.21		-0.18	0.35	0.29	0.11	0.25	0.66	0.3	0.52	-0.52	0.3	-0.36	0.03	-0.03	0.24
Net Receivables	0.0	0.09	-0.51	-0.02	-0.15	-0.07	0.1	-0.14	-0.17	-0.06	0.02	-0.18		-0.19	0.07	-0.05	0.06	-0.13	0.06	0.29	-0.12	0.7	0.01	0.11	0.22	-0.18
Common Stock Shares Outstanding	0.84	0.86	0.45	0.82	0.26	0.87	0.85	0.9	0.34	0.85	0.67	0.35	-0.19		0.87	0.53	0.3	0.38	0.87	0.47	-0.71	-0.38	0.57	0.12	-0.09	-0.38
Non Current Liabilities Total	0.93	1.0	0.36	0.93	0.25	0.92	0.99	0.83	0.3	0.92	0.76	0.29	0.07	0.87		0.52	0.62	0.38	1.0	0.57	-0.6	-0.25	0.65	0.29	0.25	-0.37
Inventory	0.42	0.53	0.17	0.41	-0.24	0.4	0.53	0.42	0.11	0.37	-0.06	0.11	-0.05	0.53	0.52		0.24	-0.2	0.51	0.77	-0.3	-0.19	0.47	-0.56	0.19	-0.17
Other Current Assets	0.62	0.63	0.09	0.64	0.27	0.57	0.62	0.22	0.26	0.59	0.55	0.25	0.06	0.3	0.62	0.24		0.4	0.62	0.47	-0.2	0.05	0.25	0.49	0.82	-0.26
Other Stockholder Equity	0.66	0.35	0.1	0.6	0.97	0.66	0.29	0.53	0.65	0.67	0.5	0.66	-0.13	0.38	0.38	-0.2	0.4		0.39	0.19	-0.65	0.08	-0.11	0.34	-0.06	0.19
Total Liab	0.94	1.0	0.35	0.94	0.26	0.93	0.99	0.84	0.31	0.93	0.76	0.3	0.06	0.87	1.0	0.51	0.62	0.39		0.57	-0.61	-0.25	0.65	0.29	0.25	-0.36
Total Current Assets	0.6	0.58	-0.03	0.55	0.15	0.52	0.54	0.42	0.53	0.52	0.09	0.52	0.29	0.47	0.57	0.77	0.47	0.19	0.57		-0.54	0.35	0.15	-0.29	0.36	-0.1
Common Stock	-0.75	-0.58	-0.12	-0.67	-0.57	-0.74	-0.54	-0.73	-0.51	-0.73	-0.47	-0.52	-0.12	-0.71	-0.6	-0.3	-0.2	-0.65	-0.61	-0.54		-0.13	-0.18	-0.05	0.16	0.15
Short Term Debt	-0.17	-0.24	-0.48	-0.24	0.09	-0.27	-0.27	-0.39	0.3	-0.25	-0.21	0.3	0.7	-0.38	-0.25	-0.19	0.05	0.08	-0.25	0.35	-0.13		-0.64	0.05	0.28	-0.03
Current Deferred Revenue	0.5	0.64	0.12	0.59	-0.16	0.55	0.69	0.59	-0.36	0.54	0.43	-0.36	0.01	0.57	0.65	0.47	0.25	-0.11	0.65	0.15	-0.18	-0.64		0.02	0.03	-0.19
Good Will	0.25	0.29	0.19	0.27	0.21	0.27	0.3	0.04	0.04	0.3	0.77	0.03	0.11	0.12	0.29	-0.56	0.49	0.34	0.29	-0.29	-0.05	0.05	0.02		0.33	-0.42
Intangible Assets	0.14	0.28	-0.23	0.19	-0.17	0.07	0.29	-0.24	-0.03	0.09	0.15	-0.03	0.22	-0.09	0.25	0.19	0.82	-0.06	0.25	0.36	0.16	0.28	0.03	0.33		-0.32
Retained Earnings	-0.16	-0.4	-0.29	-0.1	0.42	-0.16	-0.44	-0.04	0.23	-0.16	-0.52	0.24	-0.18	-0.38	-0.37	-0.17	-0.26	0.19	-0.36	-0.1	0.15	-0.03	-0.19	-0.42	-0.32

Click cells to compare fundamentals

Fortress Transportation Account Relationship Matchups

Fortress Transportation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.4B	4.9B	2.4B	3.0B	2.4B
Short Long Term Debt Total	1.5B	2.0B	3.3B	2.2B	2.5B	1.3B
Other Current Liab	(12.6M)	188.1M	15.1M	97.9M	6.4M	6.7M
Total Current Liabilities	144.9M	113.2M	202.7M	86.5M	112.9M	88.3M
Total Stockholder Equity	1.3B	1.1B	1.1B	18.9M	175.3M	166.6M
Property Plant And Equipment Net	2.5B	2.7B	3.5B	1.9B	2.1B	1.8B
Net Debt	1.2B	1.8B	3.1B	2.1B	2.4B	1.2B
Accounts Payable	121.5M	110.4M	87.0M	81.7M	106.5M	71.7M
Cash	226.5M	121.7M	188.1M	33.6M	90.8M	119.4M
Non Current Assets Total	2.9B	3.1B	4.2B	2.3B	2.3B	2.1B
Non Currrent Assets Other	99.0M	177.9M	263.6M	270.0M	21.2M	20.1M
Cash And Short Term Investments	226.5M	121.7M	188.1M	33.6M	90.8M	121.0M
Net Receivables	57.8M	99.3M	132.5M	155.0M	118.2M	94.1M
Common Stock Shares Outstanding	86.0M	86.0M	89.9M	99.4M	100.4M	84.7M
Liabilities And Stockholders Equity	3.2B	3.4B	4.9B	2.4B	3.0B	2.4B
Non Current Liabilities Total	1.8B	2.2B	3.5B	2.3B	2.7B	1.5B
Inventory	15.2M	58.3M	107.1M	(8.6M)	316.6M	332.5M
Other Current Assets	805K	55.9M	2.4B	28.1M	153.8M	252.6M
Other Stockholder Equity	1.1B	1.1B	1.4B	343.4M	256.0M	243.2M
Total Liab	1.9B	2.3B	3.7B	2.4B	2.8B	1.6B
Total Current Assets	300.3M	260.0M	622.9M	152.5M	679.3M	713.3M
Accumulated Other Comprehensive Income	0.0	372K	(26.2M)	(156.4M)	(1.0M)	(1.1M)
Common Stock	849K	856K	992K	997K	1.0M	951.9K
Short Term Debt	36.0M	25M	100.5M	70.4M	63.4M	75.7M
Intangible Assets	27.7M	18.8M	98.7M	42.0M	50.6M	49.7M
Retained Earnings	190.5M	(28.2M)	(132.4M)	(325.6M)	(81.8M)	(85.9M)
Other Liab	41.1M	23.4M	96.3M	36.5M	32.8M	42.0M
Net Tangible Assets	1.1B	928.6M	763.2M	(30.0M)	(27.0M)	(25.7M)
Other Assets	1.7B	1.7B	2.0B	2.1B	8.2M	7.8M
Long Term Debt	1.4B	1.9B	3.2B	2.2B	2.5B	2.3B
Net Invested Capital	2.7B	3.0B	4.3B	2.2B	2.7B	3.1B
Long Term Investments	180.6M	146.5M	77.3M	22.0M	22.7M	21.6M
Capital Stock	930K	947K	1.1M	1.1M	1.2M	1.1M
Non Current Liabilities Other	295.3M	208.7M	243.3M	148.0M	158.6M	171.9M
Net Working Capital	155.4M	146.9M	420.2M	66.1M	230.2M	201.6M

Pair Trading with Fortress Transportation

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 Fortress Transportation 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 Fortress Transportation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fortress Stock

0.65

WLFC

Willis Lease Finance

Pair Corr

Moving against Fortress Stock

0.55	YAYO	Yayyo Inc	Pair Corr
0.48	ZCAR	Zoomcar Holdings Symbol Change	Pair Corr
0.47	MWG	Multi Ways Holdings	Pair Corr

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

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

Other Information on Investing in Fortress Stock

Balance Sheet is a snapshot of the financial position of Fortress Transportation at a specified time, usually calculated after every quarter, six months, or one year. Fortress Transportation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fortress Transportation 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 Fortress currently owns. An asset can also be divided into two categories, current and non-current.

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Fortress Income Quality vs Ev To Sales Analysis

Income Quality vs Ev To Sales

Income Quality vs Ev To Sales Correlation Analysis

Correlation Coefficient

Income Quality

Ev To Sales

Fortress Transportation fundamental ratios Correlations

Fortress Transportation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fortress Transportation fundamental ratios Accounts

Pair Trading with Fortress Transportation

Moving together with Fortress Stock

Moving against Fortress Stock

Other Information on Investing in Fortress Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Common Stock	- 0.75	Total Assets
Common Stock	- 0.74	Property Plant And Equipment Net
Common Stock	- 0.73	Non Current Assets Total
Common Stock	- 0.73	Accounts Payable
Common Stock	- 0.71	Common Stock Shares Outstanding
Common Stock	- 0.67	Total Current Liabilities