Forward Historical Cash Flow
| FWRD Stock | USD 36.03 0.59 1.66% |
Analysis of Forward Air cash flow over time is an excellent tool to project Forward Air future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 158.2 M or Change In Working Capital of 97.1 M as it is a great indicator of Forward Air ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Forward Air 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 Forward Air is a good buy for the upcoming year.
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About Forward Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Forward balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Forward's non-liquid assets can be easily converted into cash.
Forward Air Cash Flow Chart
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Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Forward Air to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Forward Air operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Forward Air's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Forward Air current financial condition. On the other hand, looking into the entire matrix of cash flow statement 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 Forward Air. 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 Forward Stock refer to our How to Trade Forward Stock guide.At present, Forward Air's Free Cash Flow is projected to increase significantly based on the last few years of reporting. The current year's Change In Working Capital is expected to grow to about 97.1 M, whereas Stock Based Compensation is forecasted to decline to about 6.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 39.1M | 40.7M | 30.7M | 26.9M | Dividends Paid | 23.0M | 25.9M | 25.0M | 13.0M |
Forward Air cash flow statement Correlations
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Forward Air Account Relationship Matchups
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Forward Air cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (1.2M) | (2.6M) | (8.7M) | (23.9M) | (21.5M) | (20.4M) | |
| Change In Cash | 39.1M | (24.5M) | (2.9M) | 8.5M | 1.9B | 2.0B | |
| Stock Based Compensation | 11.9M | 10.4M | 10.9M | 11.4M | 11.5M | 6.1M | |
| Free Cash Flow | 130.8M | 63.8M | 81.2M | 218.4M | 150.7M | 158.2M | |
| Change In Working Capital | 8.4M | (12.4M) | (51.6M) | (11.4M) | 92.5M | 97.1M | |
| Other Cashflows From Financing Activities | (3.0M) | (20.8M) | (6.7M) | (2.6M) | (3.7M) | (3.5M) | |
| Depreciation | 42.1M | 37.1M | 39.6M | 47.4M | 57.4M | 60.3M | |
| Other Non Cash Items | 5.2M | (5.1M) | 3.9M | 10.9M | (13.9M) | (13.2M) | |
| Dividends Paid | 20.5M | 20.9M | 23.0M | 25.9M | 25.0M | 13.0M | |
| Capital Expenditures | 30.7M | 20.3M | 39.1M | 40.7M | 30.7M | 26.9M | |
| Total Cash From Operating Activities | 161.5M | 84.1M | 120.3M | 259.1M | 181.4M | 190.5M | |
| Change To Account Receivables | 2.1M | (25.7M) | (52.7M) | (19.1M) | 25.1M | 26.4M | |
| Net Income | 87.1M | 52.8M | 116.1M | 193.2M | 42.8M | 48.5M | |
| Total Cash From Financing Activities | (56.0M) | (25.9M) | (34.9M) | (146.1M) | 1.6B | 1.6B | |
| End Period Cash Flow | 64.7M | 40.3M | 37.3M | 45.8M | 2.0B | 2.0B | |
| Begin Period Cash Flow | 25.7M | 64.7M | 40.3M | 37.3M | 45.8M | 31.3M | |
| Sale Purchase Of Stock | (56.2M) | (45.2M) | (49.0M) | (62.8M) | (93.8M) | (89.1M) | |
| Change To Liabilities | 10.0M | 23.9M | 17.2M | 12.6M | 14.5M | 15.2M | |
| Other Cashflows From Investing Activities | (35.7M) | (61.2M) | 8.0M | (63.7M) | (57.4M) | (54.5M) | |
| Change To Netincome | 23.9M | 16.9M | 26.5M | 29.9M | 34.4M | 36.1M | |
| Total Cashflows From Investing Activities | (63.9M) | (81.5M) | (88.3M) | (104.5M) | (94.0M) | (89.3M) | |
| Change Receivables | 2.1M | (25.7M) | (60.8M) | (11.0M) | (9.9M) | (10.4M) | |
| Net Borrowings | (20.9M) | (21.4M) | 42.6M | (49M) | (44.1M) | (41.9M) | |
| Cash And Cash Equivalents Changes | 39.1M | (24.5M) | (2.9M) | 8.5M | 7.7M | 8.0M | |
| Cash Flows Other Operating | (6.1M) | 43.3M | 108.1M | 180.2M | 207.3M | 217.6M | |
| Change To Operating Activities | (6.1M) | (9.4M) | (16.1M) | (4.8M) | (4.4M) | (4.6M) | |
| Investments | (63.9M) | (82.7M) | (88.3M) | (104.5M) | 174.8M | 183.6M |
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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 Forward Air is a strong investment it is important to analyze Forward Air's 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 Forward Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Air. 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 Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Air Freight & Logistics 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 Forward Air. If investors know Forward 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 Forward Air 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 1.45 | Earnings Share (29.29) | Revenue Per Share 81.783 | Quarterly Revenue Growth 0.924 | Return On Assets 0.0296 |
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air'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 Forward Air's market value can be influenced by many factors that don't directly affect Forward Air'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 Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air'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.