Foresight Net Debt vs Cash And Short Term Investments Analysis

FRSX Stock

USD 0.61 0.03 4.69%

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

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foresight Autonomous Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Foresight Autonomous' Net Debt and Cash And Short Term Investments is -0.92. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Foresight Autonomous Holdings, assuming nothing else is changed. The correlation between historical values of Foresight Autonomous' Net Debt and Cash And Short Term Investments 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 Foresight Autonomous Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Foresight Autonomous' Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Foresight Autonomous balance sheet. This account contains Foresight Autonomous investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Foresight Autonomous Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

At this time, Foresight Autonomous' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.1 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.

	2023	2024 (projected)
Minority Interest	66.6K	59.2K
Reconciled Depreciation	263K	225.8K

Minority Interest Reconciled Depreciation

Foresight Autonomous fundamental ratios Correlations

	Retained Earnings	Other Stockholder Equity	Common Stock Shares Outstanding	Total Stockholder Equity	Other Liab	Net Tangible Assets	Common Stock Total Equity	Non Current Liabilities Total	Total Liab	Common Stock	Total Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets
Retained Earnings		-0.9	-0.91	-0.67	-0.84	-0.96	-0.78	-0.6	-0.83	-0.81	-0.69	-0.9	-0.9	-0.9	0.63	0.86	-0.67	-0.4	-0.67	-0.86	-0.22	-0.14	0.1	-0.02	-0.93	-0.68
Other Stockholder Equity	-0.9		0.97	0.84	0.87	0.92	0.76	0.69	0.91	0.93	0.84	0.95	0.96	0.94	-0.77	-0.71	0.8	0.62	0.82	0.86	0.5	0.03	0.02	0.29	0.95	0.83
Common Stock Shares Outstanding	-0.91	0.97		0.75	0.77	0.9	0.69	0.67	0.88	0.84	0.76	0.88	0.93	0.95	-0.72	-0.73	0.76	0.49	0.75	0.87	0.4	0.16	-0.1	0.13	0.97	0.76
Total Stockholder Equity	-0.67	0.84	0.75		0.82	0.83	0.76	0.7	0.86	0.83	1.0	0.83	0.85	0.77	-0.87	-0.55	0.88	0.71	0.98	0.62	0.73	-0.12	0.16	0.48	0.68	0.98
Other Liab	-0.84	0.87	0.77	0.82		0.9	0.86	0.68	0.88	0.93	0.81	0.97	0.89	0.8	-0.6	-0.75	0.63	0.69	0.76	0.84	0.58	-0.27	0.3	0.43	0.8	0.77
Net Tangible Assets	-0.96	0.92	0.9	0.83	0.9		0.82	0.69	0.88	0.85	0.84	0.93	0.91	0.86	-0.77	-0.87	0.8	0.46	0.83	0.8	0.41	0.03	0.02	0.11	0.88	0.84
Common Stock Total Equity	-0.78	0.76	0.69	0.76	0.86	0.82		0.62	0.82	0.89	0.72	0.86	0.79	0.71	-0.53	-0.66	0.56	0.61	0.67	0.74	0.51	-0.24	0.27	0.38	0.71	0.68
Non Current Liabilities Total	-0.6	0.69	0.67	0.7	0.68	0.69	0.62		0.9	0.64	0.72	0.68	0.73	0.69	-0.57	-0.58	0.6	0.37	0.73	0.64	0.64	-0.48	0.55	0.11	0.65	0.74
Total Liab	-0.83	0.91	0.88	0.86	0.88	0.88	0.82	0.9		0.89	0.86	0.91	0.95	0.91	-0.7	-0.67	0.74	0.63	0.84	0.86	0.64	-0.26	0.32	0.31	0.87	0.85
Common Stock	-0.81	0.93	0.84	0.83	0.93	0.85	0.89	0.64	0.89		0.81	0.97	0.92	0.86	-0.64	-0.61	0.67	0.78	0.75	0.86	0.6	-0.19	0.22	0.53	0.86	0.76
Total Assets	-0.69	0.84	0.76	1.0	0.81	0.84	0.72	0.72	0.86	0.81		0.82	0.86	0.79	-0.88	-0.58	0.9	0.67	0.99	0.63	0.7	-0.1	0.14	0.43	0.69	0.99
Other Current Liab	-0.9	0.95	0.88	0.83	0.97	0.93	0.86	0.68	0.91	0.97	0.82		0.95	0.9	-0.67	-0.74	0.7	0.69	0.78	0.89	0.53	-0.14	0.18	0.4	0.9	0.79
Total Current Liabilities	-0.9	0.96	0.93	0.85	0.89	0.91	0.79	0.73	0.95	0.92	0.86	0.95		0.98	-0.72	-0.67	0.76	0.69	0.82	0.91	0.53	-0.03	0.09	0.36	0.94	0.83
Property Plant And Equipment Net	-0.9	0.94	0.95	0.77	0.8	0.86	0.71	0.69	0.91	0.86	0.79	0.9	0.98		-0.67	-0.65	0.71	0.64	0.75	0.92	0.46	0.1	-0.04	0.28	0.97	0.76
Net Debt	0.63	-0.77	-0.72	-0.87	-0.6	-0.77	-0.53	-0.57	-0.7	-0.64	-0.88	-0.67	-0.72	-0.67		0.48	-1.0	-0.38	-0.92	-0.4	-0.38	-0.1	0.07	-0.13	-0.62	-0.92
Accounts Payable	0.86	-0.71	-0.73	-0.55	-0.75	-0.87	-0.66	-0.58	-0.67	-0.61	-0.58	-0.74	-0.67	-0.65	0.48		-0.52	-0.14	-0.58	-0.68	-0.27	-0.08	0.03	0.17	-0.74	-0.59
Cash	-0.67	0.8	0.76	0.88	0.63	0.8	0.56	0.6	0.74	0.67	0.9	0.7	0.76	0.71	-1.0	-0.52		0.4	0.93	0.45	0.39	0.1	-0.08	0.13	0.66	0.93
Non Current Assets Total	-0.4	0.62	0.49	0.71	0.69	0.46	0.61	0.37	0.63	0.78	0.67	0.69	0.69	0.64	-0.38	-0.14	0.4		0.58	0.65	0.73	-0.2	0.22	0.92	0.52	0.58
Cash And Short Term Investments	-0.67	0.82	0.75	0.98	0.76	0.83	0.67	0.73	0.84	0.75	0.99	0.78	0.82	0.75	-0.92	-0.58	0.93	0.58		0.56	0.67	-0.08	0.12	0.33	0.67	1.0
Net Receivables	-0.86	0.86	0.87	0.62	0.84	0.8	0.74	0.64	0.86	0.86	0.63	0.89	0.91	0.92	-0.4	-0.68	0.45	0.65	0.56		0.48	-0.04	0.1	0.34	0.91	0.57
Short Term Investments	-0.22	0.5	0.4	0.73	0.58	0.41	0.51	0.64	0.64	0.6	0.7	0.53	0.53	0.46	-0.38	-0.27	0.39	0.73	0.67	0.48		-0.43	0.48	0.68	0.35	0.67
Inventory	-0.14	0.03	0.16	-0.12	-0.27	0.03	-0.24	-0.48	-0.26	-0.19	-0.1	-0.14	-0.03	0.1	-0.1	-0.08	0.1	-0.2	-0.08	-0.04	-0.43		-1.0	-0.3	0.12	-0.08
Other Current Assets	0.1	0.02	-0.1	0.16	0.3	0.02	0.27	0.55	0.32	0.22	0.14	0.18	0.09	-0.04	0.07	0.03	-0.08	0.22	0.12	0.1	0.48	-1.0		0.3	-0.07	0.12
Long Term Investments	-0.02	0.29	0.13	0.48	0.43	0.11	0.38	0.11	0.31	0.53	0.43	0.4	0.36	0.28	-0.13	0.17	0.13	0.92	0.33	0.34	0.68	-0.3	0.3		0.16	0.33
Property Plant And Equipment Gross	-0.93	0.95	0.97	0.68	0.8	0.88	0.71	0.65	0.87	0.86	0.69	0.9	0.94	0.97	-0.62	-0.74	0.66	0.52	0.67	0.91	0.35	0.12	-0.07	0.16		0.68
Total Current Assets	-0.68	0.83	0.76	0.98	0.77	0.84	0.68	0.74	0.85	0.76	0.99	0.79	0.83	0.76	-0.92	-0.59	0.93	0.58	1.0	0.57	0.67	-0.08	0.12	0.33	0.68

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Foresight Autonomous Account Relationship Matchups

Foresight Autonomous fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Retained Earnings	(49.4M)	(64.7M)	(79.8M)	(101.5M)	(119.9M)	(113.9M)
Other Stockholder Equity	65.7M	111.7M	128.2M	129.8M	135.3M	68.3M
Common Stock Shares Outstanding	5.0M	7.3M	10.7M	10.8M	11.0M	6.3M
Total Stockholder Equity	16.3M	47.0M	48.4M	28.3M	15.4M	25.4M
Net Tangible Assets	23.6M	16.3M	47.0M	48.4M	55.7M	58.4M
Non Current Liabilities Total	1.0M	853K	2.1M	1.5M	1.2M	1.2M
Total Liab	3.0M	2.9M	4.8M	4.1M	3.3M	2.9M
Total Assets	19.3M	50.0M	53.5M	32.9M	19.3M	32.1M
Other Current Liab	1.1M	1.2M	1.3M	1.3M	1.5M	1.1M
Total Current Liabilities	2.0M	2.0M	2.7M	2.6M	2.2M	2.0M
Property Plant And Equipment Net	1.9M	1.5M	3.1M	2.8M	2.3M	1.7M
Net Debt	(3.4M)	(37.5M)	(25.3M)	(17.2M)	(14.0M)	(14.7M)
Accounts Payable	498K	391K	253K	315K	136K	129.2K
Cash	4.8M	38.8M	28.1M	19.2M	15.6M	16.9M
Non Current Assets Total	8.6M	5.6M	7.1M	5.6M	2.3M	2.1M
Non Currrent Assets Other	8.4M	(8.6M)	(7.1M)	(5.6M)	(1.0)	(1.05)
Cash And Short Term Investments	10.1M	44.0M	45.6M	26.4M	16.1M	25.6M
Net Receivables	613K	204K	660K	842K	692K	532.6K
Short Term Investments	5.3M	5.2M	17.5M	7.2M	474K	450.3K
Liabilities And Stockholders Equity	19.3M	50.0M	53.5M	32.9M	19.3M	32.1M
Inventory	(5.8M)	(557K)	114K	(278K)	1.0	1.05
Other Current Assets	5.8M	197K	775K	944K	246K	233.7K
Long Term Investments	7.6M	6.7M	4.1M	4.0M	2.8M	0.0
Property Plant And Equipment Gross	1.9M	1.5M	3.1M	2.8M	3.6M	1.9M
Total Current Assets	10.7M	44.4M	46.4M	27.3M	17.0M	26.2M
Property Plant Equipment	787K	1.9M	1.5M	3.1M	3.6M	3.7M
Net Invested Capital	16.3M	47.0M	48.4M	28.3M	15.4M	14.6M
Net Working Capital	8.7M	42.4M	43.7M	24.7M	14.9M	27.2M

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Foresight Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Foresight Autonomous fundamental ratios Correlations

Foresight Autonomous Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Foresight Autonomous fundamental ratios Accounts

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COMPANY

Total Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Total Stockholder Equity

Other Current Assets	- 1.0	Inventory
Cash	- 1.0	Net Debt
Net Tangible Assets	- 0.96	Retained Earnings
Property Plant And Equipment Gross	- 0.93	Retained Earnings
Total Current Assets	- 0.92	Net Debt
Cash And Short Term Investments	- 0.92	Net Debt