Forte Historical Balance Sheet
FBRX Stock | USD 16.08 0.08 0.50% |
Trend analysis of Forte Biosciences balance sheet accounts such as Other Current Liabilities of 4 M or Total Current Liabilities of 6 M provides information on Forte Biosciences' total assets, liabilities, and equity, which is the actual value of Forte Biosciences to its prevalent stockholders. By breaking down trends over time using Forte Biosciences 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 Forte Biosciences 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 Forte Biosciences is a good buy for the upcoming year.
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About Forte Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Forte Biosciences at a specified time, usually calculated after every quarter, six months, or one year. Forte Biosciences Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Forte Biosciences 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 Forte currently owns. An asset can also be divided into two categories, current and non-current.
Forte Biosciences Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Forte Biosciences 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 Forte Biosciences 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.Total Current Liabilities
Total Current Liabilities is an item on Forte Biosciences balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Forte Biosciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Forte Biosciences' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Forte Biosciences 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 Forte Biosciences. 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 more information on how to buy Forte Stock please use our How to Invest in Forte Biosciences guide.At this time, Forte Biosciences' Accumulated Other Comprehensive Income is fairly stable compared to the past year. Common Stock is likely to rise to about 37.8 K in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 103.5 K in 2024.
2023 | 2024 (projected) | Short and Long Term Debt Total | 7.9M | 13.5M | Total Assets | 39.0M | 43.2M |
Forte Biosciences balance sheet Correlations
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Forte Biosciences Account Relationship Matchups
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Forte Biosciences balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.7M | 61.2M | 43.3M | 42.0M | 39.0M | 43.2M | |
Other Current Liab | 343.2K | 1.0M | 812K | 2.0M | 2.2M | 4.0M | |
Total Current Liabilities | 1.9M | 2.3M | 1.8M | 3.2M | 3.7M | 6.0M | |
Total Stockholder Equity | (4.8M) | 59.0M | 41.5M | 38.8M | 35.3M | 42.2M | |
Property Plant And Equipment Net | 4.0M | 150.6K | 97K | 0.0 | 109K | 103.6K | |
Net Debt | 1.8M | (58.8M) | (42.0M) | (41.1M) | (12.0M) | (12.6M) | |
Retained Earnings | (5.0M) | (51.5M) | (73.2M) | (87.0M) | (118.5M) | (124.4M) | |
Accounts Payable | 1.6M | 1.2M | 946K | 1.2M | 1.4M | 1.3M | |
Cash | 6.9M | 58.8M | 42.0M | 41.1M | 12.0M | 11.4M | |
Non Current Assets Total | 150.6K | 1.3M | 786K | 486K | 653K | 620.4K | |
Other Assets | 227K | 1.4M | 0.0 | 1.0 | 0.9 | 0.86 | |
Cash And Short Term Investments | 6.9M | 58.8M | 42.0M | 41.1M | 37.1M | 41.0M | |
Common Stock Total Equity | 20K | 23K | 1K | 13K | 11.7K | 9.9K | |
Common Stock Shares Outstanding | 2.1M | 294.4K | 558.7K | 695.3K | 1.3M | 862.0K | |
Short Term Investments | 52.8M | 55.3M | 12.8M | 25.2M | 22.6M | 29.7M | |
Liabilities And Stockholders Equity | 7.7M | 61.2M | 43.3M | 42.0M | 39.0M | 43.2M | |
Non Current Liabilities Total | 28.4M | 10.5M | 1.2M | 946K | 1.2M | 0.0 | |
Other Current Assets | 53.2K | 1.1M | 476K | 411K | 1.2M | 831.3K | |
Other Stockholder Equity | (10.3M) | 49.2M | 71.4M | 125.8M | 153.8M | 96.1M | |
Total Liab | 12.4M | 2.3M | 1.8M | 3.2M | 3.7M | 3.5M | |
Property Plant And Equipment Gross | 4.0M | 150.6K | 97K | 0.0 | 118K | 112.1K | |
Total Current Assets | 7.5M | 59.9M | 42.5M | 41.5M | 38.3M | 41.8M | |
Accumulated Other Comprehensive Income | 10K | (61.2M) | (43.3M) | 4K | 3.6K | 3.8K | |
Common Stock | 23K | 1K | 13K | 21K | 36K | 37.8K | |
Property Plant Equipment | 1.2M | 4.0M | 152K | 97K | 87.3K | 82.9K | |
Net Tangible Assets | (4.8M) | 59.0M | 41.5M | 38.8M | 44.6M | 29.4M |
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When running Forte Biosciences' price analysis, check to measure Forte Biosciences' 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 Forte Biosciences is operating at the current time. Most of Forte Biosciences' value examination focuses on studying past and present price action to predict the probability of Forte Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forte Biosciences' price. Additionally, you may evaluate how the addition of Forte Biosciences to your portfolios can decrease your overall portfolio volatility.