Company name:

ForeScout Technologies Inc

  • IPO SHARE PRICE:
    $22.00
  • IPO DATE:
    27 October 2017
  • TICKER:
    FSCT
  • MAIN STOCK EXCHANGE:
    NASDAQ Global
  • CURRENT HQ LOCATION:
    190 West Tasman Drive San Jose California 95134
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

ForeScout Technologies Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Balance Sheet

Quarterly Annual
(USD in thousand)
16.2% 18.8% 3.4% 3.9%
Selected Year:
30-Jun
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
43.3%
18.8% —

Accounts Receivable

16.2% —

Cash and cash equivalents

3.9% —

Deferred commission expense

3.4% —

Prepaid expenses and other current assets

0.6% —

Short-term passive investments

0.4% —

Inventory

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
 $63,009 $66,895 $69,030 $54,947
Short-term passive investments
$45,679
 123,384 47,632 29,181 2,021
Accounts Receivable
$45,679
 64,686 79,255 84,168 63,924
Inventory
$45,679
 3,660 1,501 372 1,418
Prepaid expenses and other current assets
$45,679
 9,213 13,353 17,024 11,383
Deferred commission expense
-
 10,957 12,543 12,843 13,350
Total current assets
$45,679
 $274,909 $221,179 $212,618 $147,043
6.1% 8.0% 6.1% 5.1% 28.9%
Selected Year:
30-Jun
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
56.7%
28.9% —

Goodwill

8.0% —

Operating lease - right-of-use assets

6.1% —

Deferred commissions

6.1% —

Property and equipment net

5.1% —

Intangible assets

2.0% —

Other non-current assets

0.5% —

Long-term restricted cash
Selected Year:
Long-term restricted cash
45,679
 4,146 1,266 1,555 1,554
Severance pay deposits
45,679
 - - - -
Property and equipment net
45,679
 23,260 24,349 23,835 20,718
Operating lease - right-of-use assets
-
 - - 29,626 27,265
Deferred commissions
-
 21,795 22,831 23,036 20,848
Intangible assets
-
 - 19,002 19,367 17,339
Goodwill
-
 - 92,482 98,018 98,018
Other non-current assets
45,679
 4,608 7,369 8,172 6,946
Total non-current assets
45,679
 53,809 167,299 203,609 192,688
Total assets
45,679
 $328,718 $388,478 $416,227 $339,731
30.7% 4.8% 8.8% 3.5% 19.8% 7.0% 8.6% 224.4%
Selected Year:
30-Jun
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
50.8%
30.7% —

Current portion of deferred revenue

8.8% —

Accrued employee compensation

4.8% —

Accrued expenses

3.5% —

Accounts payable

1.7% —

Current portion of Operating leases

1.3% —

Current portion of notes payable
Selected Year:
Accounts payable
$45,679
 $7,348 $12,118 $10,692 $11,899
Accrued employee compensation
$45,679
 25,358 32,649 34,007 29,770
Accrued expenses
$45,679
 11,031 14,558 16,279 16,381
Current portion of deferred revenue
$45,679
 79,631 101,900 112,232 104,191
Current portion of notes payable
$45,679
 7,245 7,331 8,248 4,550
Current portion of Operating leases
-
 - - 5,840 5,812
Customer deposits
$45,679
 - - - -
Total current liabilities
$45,679
 $130,613 $168,556 $187,298 $172,603
Selected Year:
30-Jun
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
35.4%
19.8% —

Deferred revenue

8.6% —

Operating leases

7.0% —

Other non-current liabilities
Selected Year:
Accrued severance pay liability
$45,679
 - - - -
Deferred revenue
$45,679
 55,228 69,618 75,366 67,274
Warrant liabilities
$45,679
 - - - -
Notes payable
$45,679
 15,579 8,248 - -
Operating leases
-
 - - 32,125 29,211
Other non-current liabilities
$45,679
 11,807 14,335 23,893 23,638
Total long-term liabilities
$45,679
 $82,614 $92,201 $131,384 $120,123
Total Liabilities
$45,679
 $213,227 $260,757 $318,682 $292,726
Selected Year:
30-Jun
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
13.8%
224.4% —

Additional paid-in capital

0.0% —

Common stock
Selected Year:
Redeemable convertible preferred stock
$45,679
 - - - -
Common stock
$45,679
 38 43 48 50
Accumulated deficit
$45,679
 (436,421) (511,257) (629,792) (714,554)
Additional paid-in capital
$45,679
 551,986 639,237 727,922 762,187
Accumulated other comprehensive loss
$45,679
 (112) (302) (633) (678)
Total Equity
$45,679
 $115,491 $127,721 $97,545 $47,005
Total Liabilities and Equity
$45,679
 $328,718 $388,478 $416,227 $339,731