Franco Historical Income Statement

FNV Stock  CAD 171.44  0.77  0.45%   
Historical analysis of Franco Nevada income statement accounts such as Selling General Administrative of 21.7 M or Total Revenue of 669.7 M can show how well Franco Nevada performed in making a profits. Evaluating Franco Nevada income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Franco Nevada's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Franco Nevada latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Franco Nevada is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. 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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.

About Franco Income Statement Analysis

Franco Nevada Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Franco Nevada shareholders. The income statement also shows Franco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Franco Nevada Income Statement Chart

At this time, Franco Nevada's Reconciled Depreciation is very stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Franco Nevada generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Franco Nevada minus its cost of goods sold. It is profit before Franco Nevada operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Franco Nevada. It is also known as Franco Nevada overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Franco Nevada's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Franco Nevada current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Franco Nevada. 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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.At this time, Franco Nevada's Reconciled Depreciation is very stable compared to the past year.
 2021 2022 2024 (projected)
Interest Expense300K100K2.7M
Depreciation And Amortization299.6M286.2M206.7M

Franco Nevada income statement Correlations

0.310.880.830.670.40.40.420.590.970.130.420.210.360.620.90.770.360.890.60.260.170.050.6
0.310.230.01-0.130.1-0.13-0.13-0.050.240.03-0.09-0.02-0.09-0.040.330.27-0.090.32-0.040.01-0.09-0.270.19
0.880.230.920.850.350.550.580.710.860.110.570.190.50.740.850.750.480.70.680.220.140.080.75
0.830.010.920.960.470.480.520.640.870.250.50.310.420.810.840.830.420.750.810.360.310.160.79
0.67-0.130.850.960.460.460.490.590.70.290.470.350.390.820.710.730.390.590.810.370.350.220.78
0.40.10.350.470.46-0.49-0.45-0.30.40.96-0.460.93-0.540.390.440.44-0.540.50.50.970.960.330.53
0.4-0.130.550.480.46-0.491.00.970.44-0.670.98-0.590.990.380.280.310.990.230.31-0.57-0.61-0.030.31
0.42-0.130.580.520.49-0.451.00.980.46-0.640.98-0.550.990.410.310.340.980.250.35-0.53-0.57-0.020.34
0.59-0.050.710.640.59-0.30.970.980.62-0.530.96-0.430.950.50.460.470.950.420.45-0.41-0.460.010.44
0.970.240.860.870.70.40.440.460.620.120.450.180.390.620.890.830.380.90.630.260.180.020.66
0.130.030.110.250.290.96-0.67-0.64-0.530.12-0.640.96-0.720.240.210.24-0.710.270.350.970.980.330.37
0.42-0.090.570.50.47-0.460.980.980.960.45-0.64-0.550.990.490.280.310.990.230.42-0.53-0.570.10.3
0.21-0.020.190.310.350.93-0.59-0.55-0.430.180.96-0.55-0.630.320.250.25-0.640.320.40.970.960.330.37
0.36-0.090.50.420.39-0.540.990.990.950.39-0.720.99-0.630.390.230.261.00.180.32-0.61-0.650.020.23
0.62-0.040.740.810.820.390.380.410.50.620.240.490.320.390.560.540.380.450.930.330.30.520.56
0.90.330.850.840.710.440.280.310.460.890.210.280.250.230.560.890.220.830.550.310.23-0.120.65
0.770.270.750.830.730.440.310.340.470.830.240.310.250.260.540.890.270.860.620.330.27-0.140.78
0.36-0.090.480.420.39-0.540.990.980.950.38-0.710.99-0.641.00.380.220.270.190.33-0.61-0.650.020.24
0.890.320.70.750.590.50.230.250.420.90.270.230.320.180.450.830.860.190.560.390.3-0.060.68
0.6-0.040.680.810.810.50.310.350.450.630.350.420.40.320.930.550.620.330.560.460.430.570.67
0.260.010.220.360.370.97-0.57-0.53-0.410.260.97-0.530.97-0.610.330.310.33-0.610.390.460.980.350.41
0.17-0.090.140.310.350.96-0.61-0.57-0.460.180.98-0.570.96-0.650.30.230.27-0.650.30.430.980.380.37
0.05-0.270.080.160.220.33-0.03-0.020.010.020.330.10.330.020.52-0.12-0.140.02-0.060.570.350.38-0.04
0.60.190.750.790.780.530.310.340.440.660.370.30.370.230.560.650.780.240.680.670.410.37-0.04
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Franco Nevada Account Relationship Matchups

Franco Nevada income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization263.2M241M299.6M286.2M273.1M206.7M
Interest Expense4.6M10.6M400K300K100K2.7M
Selling General Administrative28.8M26.8M30.8M32.6M24.5M21.7M
Total Revenue844.1M1.0B1.3B1.3B1.2B669.7M
Gross Profit436.1M620.4M822.1M852.6M766.6M387.0M
Other Operating Expenses436.8M426.6M508.7M495.7M1.6B1.7B
Operating Income410.2M592.5M860.7M820.7M(428M)(406.6M)
Ebit410.2M592.5M858.1M820.7M(364.1M)(345.9M)
Ebitda673.4M833.5M1.2B1.1B(91M)(86.5M)
Cost Of Revenue408M399.8M477.9M463.1M452.4M282.7M
Total Operating Expenses28.8M26.8M30.8M32.6M1.2B1.3B
Income Before Tax405.9M339.5M857.8M833.7M(364.2M)(346.0M)
Total Other Income Expense Net(4.3M)3M(2.9M)13M63.8M67.0M
Net Income344.1M326.2M733.7M700.6M(466.4M)(443.1M)
Income Tax Expense61.8M13.3M124.1M133.1M102.2M52.6M
Net Income From Continuing Ops344.1M326.2M733.7M700.6M(466.4M)(443.1M)
Net Income Applicable To Common Shares344.1M326.2M733.7M700.6M805.7M846.0M
Tax Provision61.8M13.3M124.1M133.1M102.2M71.7M
Interest Income2.2M3.7M500K15.2M52.3M54.9M
Net Interest Income(7.1M)200K100K9.4M49.4M51.9M
Reconciled Depreciation263.2M241M299.6M286.2M273.1M296.0M

Pair Trading with Franco Nevada

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 Franco Nevada 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 Franco Nevada will appreciate offsetting losses from the drop in the long position's value.

Moving together with Franco Stock

  0.82AG First Majestic SilverPairCorr
  0.63IE Ivanhoe EnergyPairCorr

Moving against Franco Stock

  0.32BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Franco Nevada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franco Nevada 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 Franco Nevada - 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 Franco Nevada to buy it.
The correlation of Franco Nevada 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 Franco Nevada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franco Nevada 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 Franco Nevada 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
When determining whether Franco Nevada is a strong investment it is important to analyze Franco Nevada's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franco Nevada's future performance. For an informed investment choice regarding Franco Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. 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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between Franco Nevada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franco Nevada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franco Nevada's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.