Frontera Dividend Yield vs Price To Sales Ratio Analysis
FEC Stock | CAD 8.04 0.02 0.25% |
Frontera Energy financial indicator trend analysis is much more than just examining Frontera Energy Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontera Energy Corp is a good investment. Please check the relationship between Frontera Energy Dividend Yield and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontera Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Dividend Yield vs Price To Sales Ratio
Dividend Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontera Energy Corp Dividend Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Frontera Energy's Dividend Yield and Price To Sales Ratio is -0.57. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Frontera Energy Corp, assuming nothing else is changed. The correlation between historical values of Frontera Energy's Dividend Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Frontera Energy Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., Frontera Energy's Dividend Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividend Yield
Dividend Yield is Frontera Energy Corp dividend as a percentage of Frontera Energy stock price. Frontera Energy Corp dividend yield is a measure of Frontera Energy stock productivity, which can be interpreted as interest rate earned on an Frontera Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Frontera Energy Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Frontera Energy sales, a figure that is much harder to manipulate than other Frontera Energy Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Frontera Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontera Energy Corp 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 Frontera Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Frontera Energy's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 1.84, while Selling General Administrative is likely to drop about 46.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 926.6M | 1.4B | 1.1B | 1.5B | Depreciation And Amortization | 126.7M | 195.4M | 278.3M | 432.3M |
Frontera Energy fundamental ratios Correlations
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Frontera Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Frontera Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 2.1B | 2.6B | 2.7B | 3.0B | 3.3B | |
Short Long Term Debt Total | 402.7M | 538.2M | 560.1M | 511.6M | 536.8M | 510.0M | |
Other Current Liab | 363.3M | 401.4M | 31.1M | 27.0M | 46.2M | 43.9M | |
Total Current Liabilities | 583.3M | 731.8M | 596.0M | 619.1M | 544.7M | 975.7M | |
Total Stockholder Equity | 1.2B | 703.9M | 1.4B | 1.6B | 1.8B | 1.3B | |
Property Plant And Equipment Net | 1.1B | 1.0B | 1.7B | 2.1B | 2.3B | 2.1B | |
Net Debt | 74.2M | 306.0M | 302.6M | 221.7M | 377.1M | 358.3M | |
Retained Earnings | (3.4B) | (4.0B) | (3.3B) | (3.0B) | (2.8B) | (2.7B) | |
Accounts Payable | 162.7M | 114.2M | 402.6M | 463.4M | 427.2M | 303.9M | |
Cash | 328.4M | 232.3M | 257.5M | 289.8M | 159.7M | 293.4M | |
Non Current Assets Total | 1.8B | 1.4B | 2.1B | 2.2B | 2.5B | 2.5B | |
Cash And Short Term Investments | 328.4M | 232.3M | 257.5M | 289.8M | 159.7M | 293.4M | |
Common Stock Shares Outstanding | 99.8M | 99.5M | 96.9M | 99.9M | 88.4M | 92.8M | |
Liabilities And Stockholders Equity | 2.5B | 2.1B | 2.6B | 2.7B | 3.0B | 3.3B | |
Other Current Assets | 200.1M | 319.2M | 52.1M | 121.8M | 239.8M | 277.2M | |
Other Stockholder Equity | 120.1M | 125.0M | 122.5M | 109.9M | 110.9M | 105.3M | |
Total Liab | 1.2B | 1.3B | 1.2B | 1.1B | 1.2B | 1.9B | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 8.5B | 8.8B | 8.1B | 8.5B | |
Total Current Assets | 654.6M | 620.1M | 517.2M | 509.5M | 482.8M | 737.4M | |
Accumulated Other Comprehensive Income | (180.6M) | (180.1M) | (91.4M) | (100.9M) | (47.6M) | (50.0M) | |
Short Term Debt | 28.1M | 210.0M | 151.0M | 121.5M | 57.5M | 54.6M | |
Non Currrent Assets Other | 267.8M | 79.6M | 30.4M | 21.5M | 121.6M | 68.5M | |
Net Receivables | 23.0M | 162.5M | 54.1M | 118.5M | 11.1M | 10.5M | |
Non Current Liabilities Total | 639.5M | 567.2M | 566.1M | 530.2M | 637.6M | 904.1M | |
Other Assets | 490.8M | 303.0M | 283.9M | 85.0M | 97.7M | 92.8M | |
Inventory | 103.1M | 56.8M | 50.1M | 75.1M | 72.3M | 72.1M | |
Current Deferred Revenue | 52.0M | 37.7M | 291.9M | 58.8M | 67.6M | 64.2M | |
Common Stock Total Equity | 4.7B | 4.7B | 4.7B | 4.7B | 5.4B | 4.2B | |
Common Stock | 4.7B | 4.7B | 4.7B | 4.6B | 4.6B | 4.4B | |
Other Liab | 264.9M | 218.8M | 154.3M | 137.1M | 123.4M | 117.2M | |
Net Tangible Assets | 1.2B | 703.9M | 1.4B | 1.6B | 1.4B | 889.4M | |
Long Term Debt | 331.1M | 335.8M | 405.8M | 392.5M | 465.5M | 872.6M | |
Long Term Investments | 198.3M | 108.1M | 88.4M | 61.8M | 84.5M | 80.3M | |
Property Plant Equipment | 1.1B | 1.0B | 1.7B | 2.1B | 1.9B | 2.1B | |
Long Term Debt Total | 374.5M | 340.8M | 409.2M | 393.1M | 452.0M | 333.0M | |
Capital Surpluse | 120.1M | 125.0M | 122.5M | 109.9M | 98.9M | 96.9M | |
Capital Lease Obligations | 71.5M | 19.4M | 7.6M | 3.1M | 19.2M | 19.1M |
Pair Trading with Frontera Energy
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 Frontera Energy 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 Frontera Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Frontera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontera Energy 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 Frontera Energy - 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 Frontera Energy Corp to buy it.
The correlation of Frontera Energy 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 Frontera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontera Energy Corp 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 Frontera Energy 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 Frontera Stock
Balance Sheet is a snapshot of the financial position of Frontera Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Frontera Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Frontera Energy 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 Frontera currently owns. An asset can also be divided into two categories, current and non-current.