Frontera Other Current Liab vs Total Liab 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 Other Current Liab and its Total Liab 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.

Other Current Liab vs Total Liab

Other Current Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontera Energy Corp Other Current Liab account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Frontera Energy's Other Current Liab and Total Liab is 0.79. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Liab 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 Other Current Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Frontera Energy Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Liab i.e., Frontera Energy's Other Current Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 29th 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 Revenue926.6M1.4B1.1B1.5B
Depreciation And Amortization126.7M195.4M278.3M432.3M

Frontera Energy fundamental ratios Correlations

0.740.680.390.590.980.710.630.620.480.990.48-0.60.830.160.840.450.880.08-0.360.50.94-0.160.190.180.59
0.740.780.86-0.090.710.990.160.320.280.720.28-0.660.76-0.030.980.220.710.68-0.380.670.67-0.14-0.22-0.070.46
0.680.780.510.060.630.750.11-0.070.430.660.43-0.340.92-0.160.790.010.680.330.010.340.740.21-0.26-0.20.63
0.390.860.51-0.460.320.86-0.180.250.190.350.19-0.530.41-0.010.80.00.50.94-0.290.740.22-0.18-0.19-0.060.24
0.59-0.090.06-0.460.62-0.130.760.530.360.610.36-0.130.310.260.060.420.44-0.7-0.12-0.050.59-0.110.50.340.36
0.980.710.630.320.620.690.650.620.361.00.36-0.590.80.090.810.550.80.02-0.40.410.95-0.190.130.130.58
0.710.990.750.86-0.130.690.140.310.180.70.18-0.660.73-0.090.970.240.650.7-0.390.630.65-0.15-0.28-0.10.43
0.630.160.11-0.180.760.650.140.550.220.640.22-0.680.30.370.270.220.48-0.4-0.470.240.62-0.470.30.240.05
0.620.32-0.070.250.530.620.310.550.180.620.18-0.520.110.320.410.440.50.04-0.440.470.4-0.360.530.330.13
0.480.280.430.190.360.360.180.220.180.41.0-0.140.410.620.36-0.030.790.030.020.570.370.020.550.340.33
0.990.720.660.350.611.00.70.640.620.40.4-0.590.820.10.820.490.830.04-0.370.440.95-0.160.150.160.59
0.480.280.430.190.360.360.180.220.181.00.4-0.140.410.620.36-0.030.790.030.020.570.370.020.550.340.33
-0.6-0.66-0.34-0.53-0.13-0.59-0.66-0.68-0.52-0.14-0.59-0.14-0.36-0.32-0.670.0-0.57-0.360.62-0.69-0.520.54-0.03-0.080.05
0.830.760.920.410.310.80.730.30.110.410.820.41-0.36-0.170.810.270.750.17-0.120.30.870.02-0.21-0.10.76
0.16-0.03-0.16-0.010.260.09-0.090.370.320.620.10.62-0.32-0.170.03-0.080.41-0.08-0.220.60.06-0.230.720.46-0.35
0.840.980.790.80.060.810.970.270.410.360.820.36-0.670.810.030.280.80.57-0.380.660.77-0.14-0.110.00.49
0.450.220.010.00.420.550.240.220.44-0.030.49-0.030.00.27-0.080.280.18-0.13-0.32-0.050.44-0.260.030.030.4
0.880.710.680.50.440.80.650.480.50.790.830.79-0.570.750.410.80.180.23-0.280.730.75-0.160.340.270.53
0.080.680.330.94-0.70.020.7-0.40.040.030.040.03-0.360.17-0.080.57-0.130.23-0.20.63-0.08-0.15-0.31-0.140.09
-0.36-0.380.01-0.29-0.12-0.4-0.39-0.47-0.440.02-0.370.020.62-0.12-0.22-0.38-0.32-0.28-0.2-0.46-0.290.680.11-0.340.09
0.50.670.340.74-0.050.410.630.240.470.570.440.57-0.690.30.60.66-0.050.730.63-0.460.29-0.370.290.270.09
0.940.670.740.220.590.950.650.620.40.370.950.37-0.520.870.060.770.440.75-0.08-0.290.29-0.040.040.060.54
-0.16-0.140.21-0.18-0.11-0.19-0.15-0.47-0.360.02-0.160.020.540.02-0.23-0.14-0.26-0.16-0.150.68-0.37-0.040.02-0.030.09
0.19-0.22-0.26-0.190.50.13-0.280.30.530.550.150.55-0.03-0.210.72-0.110.030.34-0.310.110.290.040.020.29-0.1
0.18-0.07-0.2-0.060.340.13-0.10.240.330.340.160.34-0.08-0.10.460.00.030.27-0.14-0.340.270.06-0.030.29-0.08
0.590.460.630.240.360.580.430.050.130.330.590.330.050.76-0.350.490.40.530.090.090.090.540.09-0.1-0.08
Click cells to compare fundamentals

Frontera Energy Account Relationship Matchups

Frontera Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.1B2.6B2.7B3.0B3.3B
Short Long Term Debt Total402.7M538.2M560.1M511.6M536.8M510.0M
Other Current Liab363.3M401.4M31.1M27.0M46.2M43.9M
Total Current Liabilities583.3M731.8M596.0M619.1M544.7M975.7M
Total Stockholder Equity1.2B703.9M1.4B1.6B1.8B1.3B
Property Plant And Equipment Net1.1B1.0B1.7B2.1B2.3B2.1B
Net Debt74.2M306.0M302.6M221.7M377.1M358.3M
Retained Earnings(3.4B)(4.0B)(3.3B)(3.0B)(2.8B)(2.7B)
Accounts Payable162.7M114.2M402.6M463.4M427.2M303.9M
Cash328.4M232.3M257.5M289.8M159.7M293.4M
Non Current Assets Total1.8B1.4B2.1B2.2B2.5B2.5B
Cash And Short Term Investments328.4M232.3M257.5M289.8M159.7M293.4M
Common Stock Shares Outstanding99.8M99.5M96.9M99.9M88.4M92.8M
Liabilities And Stockholders Equity2.5B2.1B2.6B2.7B3.0B3.3B
Other Current Assets200.1M319.2M52.1M121.8M239.8M277.2M
Other Stockholder Equity120.1M125.0M122.5M109.9M110.9M105.3M
Total Liab1.2B1.3B1.2B1.1B1.2B1.9B
Property Plant And Equipment Gross1.1B1.0B8.5B8.8B8.1B8.5B
Total Current Assets654.6M620.1M517.2M509.5M482.8M737.4M
Accumulated Other Comprehensive Income(180.6M)(180.1M)(91.4M)(100.9M)(47.6M)(50.0M)
Short Term Debt28.1M210.0M151.0M121.5M57.5M54.6M
Non Currrent Assets Other267.8M79.6M30.4M21.5M121.6M68.5M
Net Receivables23.0M162.5M54.1M118.5M11.1M10.5M
Non Current Liabilities Total639.5M567.2M566.1M530.2M637.6M904.1M
Other Assets490.8M303.0M283.9M85.0M97.7M92.8M
Inventory103.1M56.8M50.1M75.1M72.3M72.1M
Current Deferred Revenue52.0M37.7M291.9M58.8M67.6M64.2M
Common Stock Total Equity4.7B4.7B4.7B4.7B5.4B4.2B
Common Stock4.7B4.7B4.7B4.6B4.6B4.4B
Other Liab264.9M218.8M154.3M137.1M123.4M117.2M
Net Tangible Assets1.2B703.9M1.4B1.6B1.4B889.4M
Long Term Debt331.1M335.8M405.8M392.5M465.5M872.6M
Long Term Investments198.3M108.1M88.4M61.8M84.5M80.3M
Property Plant Equipment1.1B1.0B1.7B2.1B1.9B2.1B
Long Term Debt Total374.5M340.8M409.2M393.1M452.0M333.0M
Capital Surpluse120.1M125.0M122.5M109.9M98.9M96.9M
Capital Lease Obligations71.5M19.4M7.6M3.1M19.2M19.1M

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.
Pair CorrelationCorrelation Matching

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.