Forestar Net Tangible Assets vs Long Term Debt Total Analysis

FOR Stock

USD 26.79 0.47 1.72%

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

Net Tangible Assets vs Long Term Debt Total

Net Tangible Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forestar Group Net Tangible Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Forestar's Net Tangible Assets and Long Term Debt Total is 0.84. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Forestar Group, assuming nothing else is changed. The correlation between historical values of Forestar's Net Tangible Assets and Long Term Debt Total 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 Tangible Assets of Forestar Group are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Tangible Assets i.e., Forestar's Net Tangible Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Debt Total

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

As of 01/18/2025, Selling General Administrative is likely to grow to about 143.1 M. Also, Discontinued Operations is likely to grow to about 8.7 M

Forestar fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Other Liab	Accounts Payable	Cash	Long Term Debt	Inventory	Other Current Assets	Property Plant Equipment	Total Current Liabilities	Property Plant And Equipment Net	Cash And Short Term Investments	Net Receivables	Property Plant And Equipment Gross	Total Current Assets	Retained Earnings
Total Assets		0.92	0.98	0.44	-0.02	0.13	0.91	0.78	0.92	-0.12	0.98	0.88	0.98	0.98	0.75	0.94	-0.56	-0.11	0.85	0.97	-0.47	0.75	0.42	-0.53	0.57	0.97
Short Long Term Debt Total	0.92		0.84	0.64	0.3	0.37	0.81	0.73	0.99	-0.15	0.97	0.7	0.94	0.87	0.62	0.99	-0.73	-0.16	0.66	0.8	-0.43	0.62	0.26	-0.59	0.42	0.81
Total Stockholder Equity	0.98	0.84		0.29	-0.15	0.02	0.89	0.78	0.85	-0.08	0.94	0.91	0.95	0.97	0.81	0.87	-0.46	-0.12	0.9	0.98	-0.49	0.81	0.46	-0.49	0.65	0.99
Net Debt	0.44	0.64	0.29		0.48	0.43	0.46	0.25	0.66	-0.3	0.58	0.23	0.49	0.46	-0.2	0.66	-0.67	0.19	0.08	0.36	0.1	-0.2	0.14	-0.24	-0.34	0.29
Non Current Assets Total	-0.02	0.3	-0.15	0.48		0.9	0.0	0.11	0.31	-0.4	0.11	-0.2	0.14	-0.05	-0.19	0.23	-0.34	-0.36	-0.37	-0.25	-0.07	-0.19	-0.46	-0.14	-0.27	-0.2
Non Currrent Assets Other	0.13	0.37	0.02	0.43	0.9		0.13	0.32	0.39	-0.47	0.23	-0.02	0.28	0.13	-0.05	0.3	-0.21	-0.39	-0.18	-0.07	-0.11	-0.05	-0.45	-0.12	-0.13	0.01
Other Assets	0.91	0.81	0.89	0.46	0.0	0.13		0.69	0.83	-0.18	0.9	0.8	0.87	0.91	0.59	0.82	-0.43	-0.06	0.77	0.9	-0.4	0.59	0.27	-0.49	0.42	0.88
Common Stock Shares Outstanding	0.78	0.73	0.78	0.25	0.11	0.32	0.69		0.74	-0.12	0.76	0.61	0.81	0.73	0.72	0.72	-0.36	-0.14	0.6	0.72	-0.57	0.72	0.05	-0.51	0.71	0.74
Non Current Liabilities Total	0.92	0.99	0.85	0.66	0.31	0.39	0.83	0.74		-0.21	0.97	0.71	0.95	0.88	0.59	0.99	-0.7	-0.15	0.64	0.82	-0.43	0.59	0.24	-0.56	0.39	0.81
Other Stockholder Equity	-0.12	-0.15	-0.08	-0.3	-0.4	-0.47	-0.18	-0.12	-0.21		-0.17	-0.19	-0.14	-0.2	0.11	-0.17	0.11	-0.14	0.18	-0.09	0.04	0.11	0.19	0.07	0.19	-0.08
Total Liab	0.98	0.97	0.94	0.58	0.11	0.23	0.9	0.76	0.97	-0.17		0.82	0.98	0.96	0.66	0.98	-0.64	-0.09	0.77	0.92	-0.44	0.66	0.35	-0.55	0.47	0.91
Other Current Liab	0.88	0.7	0.91	0.23	-0.2	-0.02	0.8	0.61	0.71	-0.19	0.82		0.82	0.93	0.71	0.73	-0.36	-0.25	0.91	0.9	-0.29	0.71	0.63	-0.3	0.57	0.94
Other Liab	0.98	0.94	0.95	0.49	0.14	0.28	0.87	0.81	0.95	-0.14	0.98	0.82		0.95	0.72	0.95	-0.59	-0.2	0.77	0.91	-0.49	0.72	0.32	-0.51	0.53	0.92
Accounts Payable	0.98	0.87	0.97	0.46	-0.05	0.13	0.91	0.73	0.88	-0.2	0.96	0.93	0.95		0.67	0.9	-0.52	-0.11	0.86	0.97	-0.39	0.67	0.49	-0.46	0.5	0.98
Cash	0.75	0.62	0.81	-0.2	-0.19	-0.05	0.59	0.72	0.59	0.11	0.66	0.71	0.72	0.67		0.59	-0.24	-0.34	0.79	0.71	-0.64	1.0	0.25	-0.48	0.91	0.77
Long Term Debt	0.94	0.99	0.87	0.66	0.23	0.3	0.82	0.72	0.99	-0.17	0.98	0.73	0.95	0.9	0.59		-0.74	-0.09	0.67	0.85	-0.41	0.59	0.33	-0.57	0.4	0.83
Inventory	-0.56	-0.73	-0.46	-0.67	-0.34	-0.21	-0.43	-0.36	-0.7	0.11	-0.64	-0.36	-0.59	-0.52	-0.24	-0.74		-0.19	-0.29	-0.45	0.31	-0.24	-0.39	0.72	-0.21	-0.41
Other Current Assets	-0.11	-0.16	-0.12	0.19	-0.36	-0.39	-0.06	-0.14	-0.15	-0.14	-0.09	-0.25	-0.2	-0.11	-0.34	-0.09	-0.19		-0.27	0.01	0.11	-0.34	0.04	-0.22	-0.22	-0.14
Property Plant Equipment	0.85	0.66	0.9	0.08	-0.37	-0.18	0.77	0.6	0.64	0.18	0.77	0.91	0.77	0.86	0.79	0.67	-0.29	-0.27		0.89	-0.31	0.79	0.6	-0.34	0.67	0.93
Total Current Liabilities	0.97	0.8	0.98	0.36	-0.25	-0.07	0.9	0.72	0.82	-0.09	0.92	0.9	0.91	0.97	0.71	0.85	-0.45	0.01	0.89		-0.42	0.71	0.51	-0.46	0.55	0.98
Property Plant And Equipment Net	-0.47	-0.43	-0.49	0.1	-0.07	-0.11	-0.4	-0.57	-0.43	0.04	-0.44	-0.29	-0.49	-0.39	-0.64	-0.41	0.31	0.11	-0.31	-0.42		-0.65	0.01	0.72	-0.65	-0.39
Cash And Short Term Investments	0.75	0.62	0.81	-0.2	-0.19	-0.05	0.59	0.72	0.59	0.11	0.66	0.71	0.72	0.67	1.0	0.59	-0.24	-0.34	0.79	0.71	-0.65		0.25	-0.49	0.91	0.77
Net Receivables	0.42	0.26	0.46	0.14	-0.46	-0.45	0.27	0.05	0.24	0.19	0.35	0.63	0.32	0.49	0.25	0.33	-0.39	0.04	0.6	0.51	0.01	0.25		-0.16	0.22	0.5
Property Plant And Equipment Gross	-0.53	-0.59	-0.49	-0.24	-0.14	-0.12	-0.49	-0.51	-0.56	0.07	-0.55	-0.3	-0.51	-0.46	-0.48	-0.57	0.72	-0.22	-0.34	-0.46	0.72	-0.49	-0.16		-0.51	-0.41
Total Current Assets	0.57	0.42	0.65	-0.34	-0.27	-0.13	0.42	0.71	0.39	0.19	0.47	0.57	0.53	0.5	0.91	0.4	-0.21	-0.22	0.67	0.55	-0.65	0.91	0.22	-0.51		0.61
Retained Earnings	0.97	0.81	0.99	0.29	-0.2	0.01	0.88	0.74	0.81	-0.08	0.91	0.94	0.92	0.98	0.77	0.83	-0.41	-0.14	0.93	0.98	-0.39	0.77	0.5	-0.41	0.61

Click cells to compare fundamentals

Forestar Account Relationship Matchups

Forestar fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.1B	2.3B	2.5B	2.8B	3.3B	3.4B
Short Long Term Debt Total	759.9M	741.1M	830.5M	716.6M	824.1M	865.3M
Total Stockholder Equity	1.0B	1.2B	1.4B	1.6B	1.8B	1.9B
Net Debt	550.9M	441.2M	79M	235.4M	270.7M	183.2M
Non Current Assets Total	1.9B	2.1B	1.9B	7.1M	8.2M	7.8M
Non Currrent Assets Other	1.9B	2.1B	1.8B	(7.1M)	(8.2M)	(7.8M)
Other Assets	2.1B	2.1B	1.8B	2.3B	2.6B	2.8B
Common Stock Shares Outstanding	49.0M	49.8M	50.1M	50.4M	58.0M	44.4M
Liabilities And Stockholders Equity	2.1B	2.3B	2.5B	2.8B	3.3B	3.4B
Non Current Liabilities Total	877.2M	879.1M	867.1M	789.8M	908.3M	953.7M
Other Stockholder Equity	636.2M	(1.1B)	644.2M	665.2M	598.7M	323.0M
Total Liab	1.1B	1.1B	1.1B	1.2B	1.4B	1.5B
Other Current Liab	1.3M	137.1M	165.3M	173.4M	199.4M	209.4M
Other Liab	124M	172.7M	173.1M	189.9M	218.4M	229.3M
Accounts Payable	47.4M	72.2M	68.4M	85.9M	98.8M	103.7M
Cash	153.6M	264.8M	616M	481.2M	553.4M	581.0M
Long Term Debt	704.5M	706M	695M	706.4M	812.4M	853.0M
Inventory	(10.4M)	(26.9M)	(40.3M)	1.0	0.9	0.86
Other Current Assets	25.8M	28.9M	(641.7M)	36.6M	32.9M	34.6M
Property Plant Equipment	4.7M	2.9M	5.7M	1.8B	2.1B	2.2B
Total Current Liabilities	208.6M	264.6M	233.7M	455.2M	523.5M	549.7M
Property Plant And Equipment Net	2.9M	5.7M	5.9M	7.1M	6.4M	6.1M
Cash And Short Term Investments	153.6M	264.8M	616M	481.2M	553.4M	581.0M
Net Receivables	1.1M	11.4M	25.7M	37.3M	42.9M	45.0M
Property Plant And Equipment Gross	10.7M	14.8M	14.9M	20.5M	18.5M	17.5M
Total Current Assets	153.6M	264.8M	616M	555.1M	638.4M	407.9M
Retained Earnings	329.1M	507.9M	674.8M	878.2M	1.0B	1.1B
Common Stock	49.6M	49.8M	49.9M	50.7M	58.3M	46.1M
Net Tangible Assets	870.9M	1.0B	1.2B	1.4B	1.6B	847.8M
Long Term Debt Total	641.1M	704.5M	706M	695M	799.3M	459.4M

Pair Trading with Forestar

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

Moving together with Forestar Stock

0.72	KW	Kennedy Wilson Holdings	Pair Corr
0.62	UK	Ucommune International	Pair Corr

Moving against Forestar Stock

0.71	IRS	IRSA Inversiones Y	Pair Corr
0.67	CBL	CBL Associates Properties	Pair Corr
0.5	ZG	Zillow Group	Pair Corr
0.46	NEN	New England Realty	Pair Corr
0.37	OZ	Belpointe PREP LLC	Pair Corr

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

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

Additional Tools for Forestar Stock Analysis

When running Forestar's price analysis, check to measure Forestar's 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 Forestar is operating at the current time. Most of Forestar's value examination focuses on studying past and present price action to predict the probability of Forestar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forestar's price. Additionally, you may evaluate how the addition of Forestar to your portfolios can decrease your overall portfolio volatility.

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