Fortress Long Term Debt vs Intangible Assets Analysis

FTAIN Stock  USD 25.92  0.17  0.66%   
Fortress Transportation financial indicator trend analysis is much more than just examining Fortress Transportation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortress Transportation is a good investment. Please check the relationship between Fortress Transportation Long Term Debt and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortress Transportation Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fortress Transportation's Long Term Debt and Intangible Assets is 0.54. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Fortress Transportation and, assuming nothing else is changed. The correlation between historical values of Fortress Transportation's Long Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Fortress Transportation and are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Fortress Transportation's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Fortress Transportation has held for over one year. Long-term debt appears on Fortress Transportation and balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fortress Transportation and balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Fortress Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortress Transportation 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 Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 2nd of March 2025, Enterprise Value is likely to grow to about 6.7 B, while Selling General Administrative is likely to drop about 13.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit307.1M498.9M909.0M954.5M
Total Revenue708.4M1.2B1.7B1.8B

Fortress Transportation fundamental ratios Correlations

0.870.30.980.480.990.840.890.510.990.750.5-0.010.850.880.470.590.580.890.61-0.75-0.180.530.120.18-0.17
0.870.340.860.010.851.00.790.260.840.70.250.050.871.00.760.540.141.00.76-0.59-0.240.69-0.070.3-0.39
0.30.340.230.010.340.320.310.250.340.470.24-0.510.430.340.160.080.090.330.0-0.13-0.480.130.16-0.22-0.29
0.980.860.230.440.980.840.890.450.980.730.44-0.030.820.880.450.620.530.890.57-0.68-0.250.610.140.23-0.11
0.480.010.010.440.49-0.040.370.660.510.270.67-0.140.150.05-0.310.260.970.070.01-0.530.1-0.190.27-0.20.42
0.990.850.340.980.490.830.920.461.00.780.46-0.070.870.870.430.550.590.880.53-0.74-0.280.570.150.11-0.17
0.841.00.320.84-0.040.830.770.180.820.690.170.060.850.990.770.520.090.990.73-0.55-0.270.73-0.080.31-0.42
0.890.790.310.890.370.920.770.40.890.60.39-0.130.910.810.510.210.420.820.5-0.73-0.390.62-0.11-0.17-0.06
0.510.260.250.450.660.460.180.40.470.231.0-0.170.330.280.10.260.640.290.46-0.510.3-0.350.03-0.020.23
0.990.840.340.980.511.00.820.890.470.80.47-0.060.850.860.40.580.610.870.52-0.74-0.260.560.190.12-0.17
0.750.70.470.730.270.780.690.60.230.80.230.010.690.710.10.570.440.710.2-0.52-0.240.50.60.16-0.57
0.50.250.240.440.670.460.170.391.00.470.23-0.180.330.270.10.250.650.280.45-0.520.29-0.350.02-0.030.24
-0.010.05-0.51-0.03-0.14-0.070.06-0.13-0.17-0.060.01-0.18-0.190.03-0.050.06-0.130.030.24-0.110.70.00.110.22-0.18
0.850.870.430.820.150.870.850.910.330.850.690.33-0.190.880.610.280.270.880.56-0.71-0.380.59-0.06-0.02-0.38
0.881.00.340.880.050.870.990.810.280.860.710.270.030.880.750.530.171.00.75-0.61-0.260.69-0.070.28-0.37
0.470.760.160.45-0.310.430.770.510.10.40.10.1-0.050.610.750.18-0.270.740.84-0.32-0.190.49-0.660.24-0.17
0.590.540.080.620.260.550.520.210.260.580.570.250.060.280.530.180.390.540.39-0.190.050.240.450.81-0.26
0.580.140.090.530.970.590.090.420.640.610.440.65-0.130.270.17-0.270.390.190.06-0.60.09-0.140.38-0.080.2
0.891.00.330.890.070.880.990.820.290.870.710.280.030.881.00.740.540.190.74-0.61-0.260.69-0.060.27-0.36
0.610.760.00.570.010.530.730.50.460.520.20.450.240.560.750.840.390.060.74-0.520.250.23-0.450.38-0.12
-0.75-0.59-0.13-0.68-0.53-0.74-0.55-0.73-0.51-0.74-0.52-0.52-0.11-0.71-0.61-0.32-0.19-0.6-0.61-0.52-0.12-0.20.010.140.16
-0.18-0.24-0.48-0.250.1-0.28-0.27-0.390.3-0.26-0.240.290.7-0.38-0.26-0.190.050.09-0.260.25-0.12-0.640.070.26-0.03
0.530.690.130.61-0.190.570.730.62-0.350.560.5-0.350.00.590.690.490.24-0.140.690.23-0.2-0.64-0.050.06-0.19
0.12-0.070.160.140.270.15-0.08-0.110.030.190.60.020.11-0.06-0.07-0.660.450.38-0.06-0.450.010.07-0.050.24-0.37
0.180.3-0.220.23-0.20.110.31-0.17-0.020.120.16-0.030.22-0.020.280.240.81-0.080.270.380.140.260.060.24-0.32
-0.17-0.39-0.29-0.110.42-0.17-0.42-0.060.23-0.17-0.570.24-0.18-0.38-0.37-0.17-0.260.2-0.36-0.120.16-0.03-0.19-0.37-0.32
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Fortress Transportation Account Relationship Matchups

Fortress Transportation fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.4B4.9B2.4B3.0B3.4B2.4B
Short Long Term Debt Total2.0B3.3B2.2B2.5B2.9B3.0B
Other Current Liab188.1M15.1M97.9M6.4M7.4M7.8M
Total Current Liabilities113.2M202.7M86.5M112.9M129.8M88.3M
Total Stockholder Equity1.1B1.1B18.9M175.3M201.7M191.6M
Property Plant And Equipment Net2.7B3.5B1.9B2.1B2.4B1.8B
Net Debt1.8B3.1B2.1B2.4B2.8B2.9B
Accounts Payable110.4M87.0M81.7M106.5M122.5M71.7M
Cash121.7M188.1M33.6M90.8M104.4M119.4M
Non Current Assets Total3.1B4.2B2.3B2.3B2.6B2.1B
Non Currrent Assets Other177.9M263.6M270.0M54.8M63.1M107.7M
Cash And Short Term Investments121.7M188.1M33.6M90.8M104.4M121.0M
Net Receivables99.3M132.5M155.0M118.2M106.3M94.1M
Common Stock Shares Outstanding86.0M89.9M99.4M100.4M101.5M86.8M
Liabilities And Stockholders Equity3.4B4.9B2.4B3.0B3.4B2.4B
Non Current Liabilities Total2.2B3.5B2.3B2.7B3.1B3.2B
Inventory58.3M107.1M(8.6M)316.6M364.1M382.3M
Other Current Assets55.9M2.4B28.1M153.8M176.8M252.6M
Other Stockholder Equity1.1B1.4B343.4M256.0M294.4M279.7M
Total Liab2.3B3.7B2.4B2.8B3.2B3.4B
Total Current Assets260.0M622.9M152.5M679.3M781.2M820.3M
Accumulated Other Comprehensive Income372K(26.2M)(156.4M)(1.0M)(901.8K)(946.9K)
Common Stock856K992K997K1.0M901.8K856.7K
Short Term Debt36.0M25M100.5M70.4M63.4M75.7M
Good Will122.6M122.7M257.1M4.6M5.3M5.1M
Intangible Assets18.8M98.7M42.0M50.6M58.2M49.7M
Retained Earnings(28.2M)(132.4M)(325.6M)(81.8M)(73.6M)(77.3M)
Other Liab41.1M23.4M96.3M36.5M32.8M42.0M
Net Tangible Assets1.1B928.6M763.2M(30.0M)(27.0M)(25.7M)
Other Assets1.7B2.0B2.1B8.2M7.4M7.1M
Long Term Debt1.9B3.2B2.2B2.5B2.9B2.3B
Net Invested Capital3.0B4.3B2.2B2.7B3.1B3.1B
Long Term Investments146.5M77.3M22.0M22.7M20.4M19.4M
Capital Stock947K1.1M1.1M1.2M1.3M1.1M
Non Current Liabilities Other208.7M243.3M148.0M158.6M142.7M171.9M
Net Working Capital146.9M420.2M66.1M230.2M264.7M201.6M

Other Information on Investing in Fortress Stock

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