Foran Net Debt vs Total Stockholder Equity Analysis

FOM Stock

4.13 0.11 2.59%

Foran Mining financial indicator trend analysis is much more than just examining Foran Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foran Mining is a good investment. Please check the relationship between Foran Mining Net Debt and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foran Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foran Mining Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between Foran Mining's Net Debt and Total Stockholder Equity is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Foran Mining, assuming nothing else is changed. The correlation between historical values of Foran Mining's Net Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Foran Mining are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Foran Mining's Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Foran Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foran Mining 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 Foran Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Foran Mining's Selling General Administrative is very stable compared to the past year. As of the 18th of December 2024, Enterprise Value is likely to grow to about 634.8 M, while Tax Provision is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	6.4M	9.6M	17.6M	18.5M
Depreciation And Amortization	98K	58K	66.7K	87.4K

Other Operating Expenses Depreciation And Amortization

Foran Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Current Liab	Common Stock	Current Deferred Revenue	Cash And Equivalents
Total Assets		1.0	1.0	-0.04	-0.99	-0.86	-0.21	1.0	1.0	1.0	0.97	0.9	-0.21	0.99	1.0	0.93	0.4	0.95	0.45	0.93	-0.38	0.96	1.0	1.0	0.24	0.83
Total Current Liabilities	1.0		1.0	-0.1	-0.99	-0.83	-0.17	1.0	0.99	1.0	0.97	0.87	-0.18	0.98	1.0	0.91	0.38	0.96	0.46	0.91	-0.35	0.98	1.0	1.0	0.2	0.81
Total Stockholder Equity	1.0	1.0		-0.05	-0.99	-0.86	-0.2	1.0	0.99	1.0	0.97	0.9	-0.21	0.98	1.0	0.92	0.4	0.95	0.44	0.92	-0.38	0.97	1.0	1.0	0.23	0.83
Property Plant And Equipment Net	-0.04	-0.1	-0.05		0.13	-0.19	-0.93	-0.1	0.03	-0.1	0.03	0.32	-0.24	0.01	-0.1	0.13	0.76	-0.35	0.19	0.13	-0.33	-0.3	-0.11	-0.05	0.92	0.42
Net Debt	-0.99	-0.99	-0.99	0.13		0.81	0.14	-1.0	-0.97	-1.0	-0.98	-0.85	0.15	-0.96	-1.0	-0.87	-0.38	-0.95	-0.44	-0.87	0.33	-0.97	-0.99	-0.99	-0.17	-0.81
Retained Earnings	-0.86	-0.83	-0.86	-0.19	0.81		0.31	-0.83	-0.88	-0.83	-0.81	-0.94	0.34	-0.84	-0.83	-0.82	-0.44	-0.76	-0.11	-0.82	0.52	-0.77	-0.82	-0.84	-0.32	-0.76
Accounts Payable	-0.21	-0.17	-0.2	-0.93	0.14	0.31		-0.17	-0.25	-0.17	-0.3	-0.46	0.15	-0.26	-0.17	-0.36	-0.9	0.12	-0.39	-0.35	0.28	0.05	-0.15	-0.2	-1.0	-0.66
Cash	1.0	1.0	1.0	-0.1	-1.0	-0.83	-0.17		0.98	1.0	0.97	0.87	-0.16	0.98	1.0	0.91	0.38	0.96	0.45	0.91	-0.33	0.97	1.0	1.0	0.2	0.81
Non Current Assets Total	1.0	0.99	0.99	0.03	-0.97	-0.88	-0.25	0.98		0.98	0.95	0.93	-0.25	0.99	0.98	0.95	0.41	0.93	0.45	0.95	-0.43	0.94	0.98	0.99	0.28	0.84
Cash And Short Term Investments	1.0	1.0	1.0	-0.1	-1.0	-0.83	-0.17	1.0	0.98		0.97	0.87	-0.16	0.98	1.0	0.91	0.38	0.96	0.45	0.91	-0.33	0.97	1.0	1.0	0.2	0.81
Net Receivables	0.97	0.97	0.97	0.03	-0.98	-0.81	-0.3	0.97	0.95	0.97		0.89	-0.18	0.93	0.97	0.85	0.55	0.88	0.5	0.85	-0.37	0.91	0.97	0.97	0.33	0.89
Common Stock Shares Outstanding	0.9	0.87	0.9	0.32	-0.85	-0.94	-0.46	0.87	0.93	0.87	0.89		-0.38	0.89	0.87	0.86	0.59	0.75	0.4	0.87	-0.59	0.78	0.87	0.89	0.48	0.87
Other Stockholder Equity	-0.21	-0.18	-0.21	-0.24	0.15	0.34	0.15	-0.16	-0.25	-0.16	-0.18	-0.38		-0.19	-0.16	-0.18	-0.18	-0.15	-0.2	-0.19	0.65	-0.14	-0.18	-0.21	-0.16	-0.22
Total Liab	0.99	0.98	0.98	0.01	-0.96	-0.84	-0.26	0.98	0.99	0.98	0.93	0.89	-0.19		0.98	0.98	0.39	0.92	0.47	0.98	-0.36	0.94	0.98	0.98	0.29	0.83
Total Current Assets	1.0	1.0	1.0	-0.1	-1.0	-0.83	-0.17	1.0	0.98	1.0	0.97	0.87	-0.16	0.98		0.91	0.38	0.96	0.45	0.91	-0.34	0.97	1.0	1.0	0.2	0.81
Short Long Term Debt Total	0.93	0.91	0.92	0.13	-0.87	-0.82	-0.36	0.91	0.95	0.91	0.85	0.86	-0.18	0.98	0.91		0.39	0.84	0.46	1.0	-0.35	0.86	0.91	0.93	0.38	0.81
Short Term Debt	0.4	0.38	0.4	0.76	-0.38	-0.44	-0.9	0.38	0.41	0.38	0.55	0.59	-0.18	0.39	0.38	0.39		0.1	0.42	0.38	-0.33	0.17	0.36	0.4	0.9	0.8
Non Currrent Assets Other	0.95	0.96	0.95	-0.35	-0.95	-0.76	0.12	0.96	0.93	0.96	0.88	0.75	-0.15	0.92	0.96	0.84	0.1		0.35	0.84	-0.28	1.0	0.96	0.95	-0.09	0.62
Short Term Investments	0.45	0.46	0.44	0.19	-0.44	-0.11	-0.39	0.45	0.45	0.45	0.5	0.4	-0.2	0.47	0.45	0.46	0.42	0.35		0.46	-0.27	0.38	0.46	0.47	0.43	0.56
Non Current Liabilities Total	0.93	0.91	0.92	0.13	-0.87	-0.82	-0.35	0.91	0.95	0.91	0.85	0.87	-0.19	0.98	0.91	1.0	0.38	0.84	0.46		-0.36	0.86	0.91	0.93	0.37	0.81
Inventory	-0.38	-0.35	-0.38	-0.33	0.33	0.52	0.28	-0.33	-0.43	-0.33	-0.37	-0.59	0.65	-0.36	-0.34	-0.35	-0.33	-0.28	-0.27	-0.36		-0.3	-0.35	-0.39	-0.29	-0.41
Other Current Assets	0.96	0.98	0.97	-0.3	-0.97	-0.77	0.05	0.97	0.94	0.97	0.91	0.78	-0.14	0.94	0.97	0.86	0.17	1.0	0.38	0.86	-0.3		0.98	0.97	-0.02	0.67
Other Current Liab	1.0	1.0	1.0	-0.11	-0.99	-0.82	-0.15	1.0	0.98	1.0	0.97	0.87	-0.18	0.98	1.0	0.91	0.36	0.96	0.46	0.91	-0.35	0.98		1.0	0.18	0.81
Common Stock	1.0	1.0	1.0	-0.05	-0.99	-0.84	-0.2	1.0	0.99	1.0	0.97	0.89	-0.21	0.98	1.0	0.93	0.4	0.95	0.47	0.93	-0.39	0.97	1.0		0.23	0.83
Current Deferred Revenue	0.24	0.2	0.23	0.92	-0.17	-0.32	-1.0	0.2	0.28	0.2	0.33	0.48	-0.16	0.29	0.2	0.38	0.9	-0.09	0.43	0.37	-0.29	-0.02	0.18	0.23		0.68
Cash And Equivalents	0.83	0.81	0.83	0.42	-0.81	-0.76	-0.66	0.81	0.84	0.81	0.89	0.87	-0.22	0.83	0.81	0.81	0.8	0.62	0.56	0.81	-0.41	0.67	0.81	0.83	0.68

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Foran Mining Account Relationship Matchups

Foran Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.9M	42.2M	174.9M	236.7M	542.5M	569.6M
Total Current Liabilities	365.6K	390.2K	13.7M	14.7M	45.2M	47.4M
Total Stockholder Equity	39.8M	41.1M	160.4M	187.7M	458.1M	481.0M
Property Plant And Equipment Net	40.2M	40.9M	89.1M	141.3M	121K	115.0K
Net Debt	(237.7K)	(995.7K)	(82.9M)	(53.2M)	(228.0M)	(216.6M)
Retained Earnings	(43.4M)	(45.4M)	(49.7M)	(59.5M)	(73.1M)	(69.4M)
Accounts Payable	265.3K	(60.3K)	(3.3M)	(5.2M)	5.4K	5.7K
Cash	391.6K	1.0M	84.0M	87.3M	266.5M	279.8M
Non Current Assets Total	40.4M	41.1M	89.3M	148.4M	271.8M	285.3M
Cash And Short Term Investments	391.6K	1.0M	84.0M	87.3M	266.5M	279.8M
Net Receivables	43.1K	23.9K	1.3M	802K	2.1M	2.2M
Common Stock Shares Outstanding	129.6M	148.3M	200.6M	242.5M	280.4M	294.5M
Liabilities And Stockholders Equity	40.9M	42.2M	174.9M	236.7M	542.5M	569.6M
Other Stockholder Equity	1.6M	1.6M	4.1M	6.5M	5.8M	5.5M
Total Liab	1.1M	1.0M	14.5M	49.0M	84.4M	88.6M
Total Current Assets	501.9K	1.1M	85.6M	88.4M	270.7M	284.3M
Non Current Liabilities Total	737.3K	649.6K	812K	34.3M	39.3M	41.2M
Accumulated Other Comprehensive Income	44.9K	73.7K	99K	58K	10.3M	10.8M
Other Current Assets	67.1K	41.5K	252K	241K	2.2M	2.3M
Common Stock	81.6M	84.8M	205.8M	240.6M	520.9M	546.9M

Pair Trading with Foran Mining

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 Foran Mining 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 Foran Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Foran Stock

0.76	AG	First Majestic Silver	Pair Corr
0.71	IE	Ivanhoe Energy	Pair Corr

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

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

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

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Foran Net Debt vs Total Stockholder Equity Analysis

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Debt

Total Stockholder Equity

Foran Mining fundamental ratios Correlations

Foran Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Foran Mining fundamental ratios Accounts

Pair Trading with Foran Mining

Moving together with Foran Stock

Other Information on Investing in Foran Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

Current Deferred Revenue	- 1.0	Accounts Payable
Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock	- 0.99	Net Debt
Other Current Liab	- 0.99	Net Debt