Freehold Royalties Stock Total Debt
| FRU Stock | CAD 14.28 0.18 1.28% |
Freehold Royalties fundamentals help investors to digest information that contributes to Freehold Royalties' financial success or failures. It also enables traders to predict the movement of Freehold Stock. The fundamental analysis module provides a way to measure Freehold Royalties' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Freehold Royalties stock.
As of the 22nd of November 2024, Total Debt To Capitalization is likely to grow to 0.18. Freehold | Total Debt |
Freehold Royalties Company Total Debt Analysis
Freehold Royalties' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Freehold Royalties Total Debt | 124.59 M |
Most of Freehold Royalties' fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Freehold Royalties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Freehold Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Freehold Royalties is extremely important. It helps to project a fair market value of Freehold Stock properly, considering its historical fundamentals such as Total Debt. Since Freehold Royalties' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Freehold Royalties' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Freehold Royalties' interrelated accounts and indicators.
Click cells to compare fundamentals
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Freehold Short Long Term Debt Total
Short Long Term Debt Total |
|
Based on the latest financial disclosure, Freehold Royalties has a Total Debt of 124.59 M. This is 98.96% lower than that of the Oil, Gas & Consumable Fuels sector and 95.45% lower than that of the Energy industry. The total debt for all Canada stocks is 97.66% higher than that of the company.
Freehold Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freehold Royalties' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Freehold Royalties could also be used in its relative valuation, which is a method of valuing Freehold Royalties by comparing valuation metrics of similar companies.Freehold Royalties is currently under evaluation in total debt category among its peers.
Freehold Royalties Current Valuation Drivers
We derive many important indicators used in calculating different scores of Freehold Royalties from analyzing Freehold Royalties' financial statements. These drivers represent accounts that assess Freehold Royalties' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Freehold Royalties' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 863.8M | 618.3M | 1.6B | 2.4B | 2.1B | 2.2B | |
| Enterprise Value | 973.5M | 712.2M | 1.7B | 2.5B | 2.2B | 2.3B |
Freehold Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.42 % | |||
| Operating Margin | 0.56 % | |||
| Current Valuation | 2.33 B | |||
| Shares Outstanding | 150.69 M | |||
| Shares Owned By Insiders | 0.44 % | |||
| Shares Owned By Institutions | 30.20 % | |||
| Number Of Shares Shorted | 3.13 M | |||
| Price To Earning | 211.00 X | |||
| Price To Book | 2.35 X | |||
| Price To Sales | 6.88 X | |||
| Revenue | 314.57 M | |||
| Gross Profit | 383.38 M | |||
| EBITDA | 286 M | |||
| Net Income | 131.9 M | |||
| Cash And Equivalents | 1.09 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 124.59 M | |||
| Debt To Equity | 0.15 % | |||
| Current Ratio | 1.96 X | |||
| Book Value Per Share | 6.00 X | |||
| Cash Flow From Operations | 216.92 M | |||
| Short Ratio | 5.75 X | |||
| Earnings Per Share | 0.88 X | |||
| Price To Earnings To Growth | (2.97) X | |||
| Target Price | 17.2 | |||
| Beta | 1.91 | |||
| Market Capitalization | 2.15 B | |||
| Total Asset | 1.12 B | |||
| Retained Earnings | (580.99 M) | |||
| Working Capital | 29.32 M | |||
| Current Asset | 22 M | |||
| Current Liabilities | 16.94 M | |||
| Annual Yield | 0.08 % | |||
| Five Year Return | 7.24 % | |||
| Net Asset | 1.12 B | |||
| Last Dividend Paid | 1.08 |
About Freehold Royalties Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Freehold Royalties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freehold Royalties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freehold Royalties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Freehold Royalties
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 Freehold Royalties 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 Freehold Royalties will appreciate offsetting losses from the drop in the long position's value.Moving together with Freehold Stock
The ability to find closely correlated positions to Freehold Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freehold Royalties 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 Freehold Royalties - 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 Freehold Royalties to buy it.
The correlation of Freehold Royalties 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 Freehold Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freehold Royalties 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 Freehold Royalties 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.Other Information on Investing in Freehold Stock
Freehold Royalties financial ratios help investors to determine whether Freehold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Freehold with respect to the benefits of owning Freehold Royalties security.