Foresight Net Invested Capital vs Long 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 Invested Capital and its Long 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 Invested Capital vs Long Term Investments

Net Invested Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foresight Autonomous Net Invested Capital account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Foresight Autonomous' Net Invested Capital and Long Term Investments is 0.26. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long 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 Invested Capital and Long 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 Invested Capital of Foresight Autonomous Holdings are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Invested Capital i.e., Foresight Autonomous' Net Invested Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Investments

Long Term Investments is an item on the asset side of Foresight Autonomous balance sheet that represents investments Foresight Autonomous intends to hold for over a year. Foresight Autonomous Holdings long term investments may include different instruments such as stocks, bonds, real estate and 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 Interest66.6K59.2K
Reconciled Depreciation263K225.8K

Foresight Autonomous fundamental ratios Correlations

-0.9-0.91-0.67-0.84-0.96-0.78-0.6-0.83-0.81-0.69-0.9-0.9-0.90.630.86-0.67-0.4-0.67-0.86-0.22-0.140.1-0.02-0.93-0.68
-0.90.970.840.870.920.760.690.910.930.840.950.960.94-0.77-0.710.80.620.820.860.50.030.020.290.950.83
-0.910.970.750.770.90.690.670.880.840.760.880.930.95-0.72-0.730.760.490.750.870.40.16-0.10.130.970.76
-0.670.840.750.820.830.760.70.860.831.00.830.850.77-0.87-0.550.880.710.980.620.73-0.120.160.480.680.98
-0.840.870.770.820.90.860.680.880.930.810.970.890.8-0.6-0.750.630.690.760.840.58-0.270.30.430.80.77
-0.960.920.90.830.90.820.690.880.850.840.930.910.86-0.77-0.870.80.460.830.80.410.030.020.110.880.84
-0.780.760.690.760.860.820.620.820.890.720.860.790.71-0.53-0.660.560.610.670.740.51-0.240.270.380.710.68
-0.60.690.670.70.680.690.620.90.640.720.680.730.69-0.57-0.580.60.370.730.640.64-0.480.550.110.650.74
-0.830.910.880.860.880.880.820.90.890.860.910.950.91-0.7-0.670.740.630.840.860.64-0.260.320.310.870.85
-0.810.930.840.830.930.850.890.640.890.810.970.920.86-0.64-0.610.670.780.750.860.6-0.190.220.530.860.76
-0.690.840.761.00.810.840.720.720.860.810.820.860.79-0.88-0.580.90.670.990.630.7-0.10.140.430.690.99
-0.90.950.880.830.970.930.860.680.910.970.820.950.9-0.67-0.740.70.690.780.890.53-0.140.180.40.90.79
-0.90.960.930.850.890.910.790.730.950.920.860.950.98-0.72-0.670.760.690.820.910.53-0.030.090.360.940.83
-0.90.940.950.770.80.860.710.690.910.860.790.90.98-0.67-0.650.710.640.750.920.460.1-0.040.280.970.76
0.63-0.77-0.72-0.87-0.6-0.77-0.53-0.57-0.7-0.64-0.88-0.67-0.72-0.670.48-1.0-0.38-0.92-0.4-0.38-0.10.07-0.13-0.62-0.92
0.86-0.71-0.73-0.55-0.75-0.87-0.66-0.58-0.67-0.61-0.58-0.74-0.67-0.650.48-0.52-0.14-0.58-0.68-0.27-0.080.030.17-0.74-0.59
-0.670.80.760.880.630.80.560.60.740.670.90.70.760.71-1.0-0.520.40.930.450.390.1-0.080.130.660.93
-0.40.620.490.710.690.460.610.370.630.780.670.690.690.64-0.38-0.140.40.580.650.73-0.20.220.920.520.58
-0.670.820.750.980.760.830.670.730.840.750.990.780.820.75-0.92-0.580.930.580.560.67-0.080.120.330.671.0
-0.860.860.870.620.840.80.740.640.860.860.630.890.910.92-0.4-0.680.450.650.560.48-0.040.10.340.910.57
-0.220.50.40.730.580.410.510.640.640.60.70.530.530.46-0.38-0.270.390.730.670.48-0.430.480.680.350.67
-0.140.030.16-0.12-0.270.03-0.24-0.48-0.26-0.19-0.1-0.14-0.030.1-0.1-0.080.1-0.2-0.08-0.04-0.43-1.0-0.30.12-0.08
0.10.02-0.10.160.30.020.270.550.320.220.140.180.09-0.040.070.03-0.080.220.120.10.48-1.00.3-0.070.12
-0.020.290.130.480.430.110.380.110.310.530.430.40.360.28-0.130.170.130.920.330.340.68-0.30.30.160.33
-0.930.950.970.680.80.880.710.650.870.860.690.90.940.97-0.62-0.740.660.520.670.910.350.12-0.070.160.68
-0.680.830.760.980.770.840.680.740.850.760.990.790.830.76-0.92-0.590.930.581.00.570.67-0.080.120.330.68
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Foresight Autonomous Account Relationship Matchups

Foresight Autonomous fundamental ratios Accounts

201920202021202220232024 (projected)
Retained Earnings(49.4M)(64.7M)(79.8M)(101.5M)(119.9M)(113.9M)
Other Stockholder Equity65.7M111.7M128.2M129.8M135.3M68.3M
Common Stock Shares Outstanding5.0M7.3M10.7M10.8M11.0M6.3M
Total Stockholder Equity16.3M47.0M48.4M28.3M15.4M25.4M
Net Tangible Assets23.6M16.3M47.0M48.4M55.7M58.4M
Non Current Liabilities Total1.0M853K2.1M1.5M1.2M1.2M
Total Liab3.0M2.9M4.8M4.1M3.3M2.9M
Total Assets19.3M50.0M53.5M32.9M19.3M32.1M
Other Current Liab1.1M1.2M1.3M1.3M1.5M1.1M
Total Current Liabilities2.0M2.0M2.7M2.6M2.2M2.0M
Property Plant And Equipment Net1.9M1.5M3.1M2.8M2.3M1.7M
Net Debt(3.4M)(37.5M)(25.3M)(17.2M)(14.0M)(14.7M)
Accounts Payable498K391K253K315K136K129.2K
Cash4.8M38.8M28.1M19.2M15.6M16.9M
Non Current Assets Total8.6M5.6M7.1M5.6M2.3M2.1M
Non Currrent Assets Other8.4M(8.6M)(7.1M)(5.6M)(1.0)(1.05)
Cash And Short Term Investments10.1M44.0M45.6M26.4M16.1M25.6M
Net Receivables613K204K660K842K692K532.6K
Short Term Investments5.3M5.2M17.5M7.2M474K450.3K
Liabilities And Stockholders Equity19.3M50.0M53.5M32.9M19.3M32.1M
Inventory(5.8M)(557K)114K(278K)1.01.05
Other Current Assets5.8M197K775K944K246K233.7K
Long Term Investments7.6M6.7M4.1M4.0M2.8M0.0
Property Plant And Equipment Gross1.9M1.5M3.1M2.8M3.6M1.9M
Total Current Assets10.7M44.4M46.4M27.3M17.0M26.2M
Property Plant Equipment787K1.9M1.5M3.1M3.6M3.7M
Net Invested Capital16.3M47.0M48.4M28.3M15.4M14.6M
Net Working Capital8.7M42.4M43.7M24.7M14.9M27.2M

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