Fortrea Historical Balance Sheet
| FTRE Stock | 21.05 0.50 2.32% |
Trend analysis of Fortrea Holdings balance sheet accounts such as Short and Long Term Debt Total of 1.8 B or Other Current Liab of 254 M provides information on Fortrea Holdings' total assets, liabilities, and equity, which is the actual value of Fortrea Holdings to its prevalent stockholders. By breaking down trends over time using Fortrea Holdings balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Fortrea Holdings 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 Fortrea Holdings is a good buy for the upcoming year.
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About Fortrea Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Fortrea Holdings at a specified time, usually calculated after every quarter, six months, or one year. Fortrea Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fortrea Holdings 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 Fortrea currently owns. An asset can also be divided into two categories, current and non-current.
Fortrea Holdings Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Fortrea Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fortrea Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Long Term Debt
Long-term debt is a debt that Fortrea Holdings has held for over one year. Long-term debt appears on Fortrea Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fortrea Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most accounts from Fortrea Holdings' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fortrea Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Fortrea 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 metropolitan statistical area. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.
| 2010 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 77.2M | 63.4M | 1.7B | 1.8B | Total Assets | 4.4B | 4.3B | 4.4B | 3.5B |
Fortrea Holdings balance sheet Correlations
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Fortrea Holdings Account Relationship Matchups
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Fortrea Holdings is a strong investment it is important to analyze Fortrea Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortrea Holdings' future performance. For an informed investment choice regarding Fortrea Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortrea 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 metropolitan statistical area. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Life Sciences Tools & Services 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 Fortrea Holdings. If investors know Fortrea 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 Fortrea Holdings 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 (0.57) | Earnings Share (2.44) | Revenue Per Share 33.34 | Quarterly Revenue Growth (0.06) | Return On Assets (0.01) |
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea Holdings' 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 Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea Holdings' 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 Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea Holdings' 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.