Forte Other Current Assets from 2010 to 2024

FBRX Stock  USD 21.71  1.92  9.70%   
Forte Biosciences Other Current Assets yearly trend continues to be fairly stable with very little volatility. Other Current Assets will likely drop to about 831.3 K in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2017-03-31
Previous Quarter
1.2 M
Current Value
1.3 M
Quarterly Volatility
1.5 M
 
Covid
Check Forte Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forte Biosciences' main balance sheet or income statement drivers, such as Interest Income of 1.3 M, Depreciation And Amortization of 8.6 K or Interest Expense of 14.5 K, as well as many indicators such as Price To Sales Ratio of 9.98, Dividend Yield of 0.0 or PTB Ratio of 0.7. Forte financial statements analysis is a perfect complement when working with Forte Biosciences Valuation or Volatility modules.
  
Check out the analysis of Forte Biosciences Correlation against competitors.
For more information on how to buy Forte Stock please use our How to Invest in Forte Biosciences guide.

Latest Forte Biosciences' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Forte Biosciences over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Forte Biosciences' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forte Biosciences' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Forte Other Current Assets Regression Statistics

Arithmetic Mean1,110,565
Geometric Mean902,246
Coefficient Of Variation43.36
Mean Deviation356,105
Median1,295,000
Standard Deviation481,503
Sample Variance231.8B
Range1.9M
R-Value(0.47)
Mean Square Error195.7B
R-Squared0.22
Significance0.08
Slope(50,084)
Total Sum of Squares3.2T

Forte Other Current Assets History

2024831.3 K
20231.2 M
2022411 K
2021476 K
20201.1 M
201953.2 K
20181.7 M

About Forte Biosciences Financial Statements

Forte Biosciences investors use historical fundamental indicators, such as Forte Biosciences' Other Current Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forte Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets1.2 M831.3 K

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Additional Tools for Forte Stock Analysis

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.