Franco Net Income vs Total Revenue Analysis

FNV Stock  CAD 171.44  0.77  0.45%   
Franco Nevada financial indicator trend analysis is much more than just examining Franco Nevada latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franco Nevada is a good investment. Please check the relationship between Franco Nevada Net Income and its Total Revenue accounts. 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.

Net Income vs Total Revenue

Net Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franco Nevada Net Income account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Franco Nevada's Net Income and Total Revenue is 0.42. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Franco Nevada, assuming nothing else is changed. The correlation between historical values of Franco Nevada's Net Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Franco Nevada are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., Franco Nevada's Net Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Franco Nevada financial statement analysis. It represents the amount of money remaining after all of Franco Nevada operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.
Most indicators from Franco Nevada's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of the 30th of November 2024, Enterprise Value is likely to grow to about 23.6 B, while Selling General Administrative is likely to drop about 21.7 M.
 2021 2022 2024 (projected)
Interest Expense300K100K2.7M
Depreciation And Amortization299.6M286.2M206.7M

Franco Nevada fundamental ratios Correlations

0.370.451.0-0.320.560.350.96-0.560.320.860.960.940.280.67-0.520.340.390.970.950.250.930.350.730.910.56
0.370.930.39-0.460.350.430.23-0.460.460.660.290.33-0.190.2-0.1-0.080.480.30.220.240.25-0.010.270.240.27
0.450.930.47-0.420.310.380.33-0.590.410.730.40.44-0.210.25-0.15-0.090.440.410.330.170.320.250.260.290.3
1.00.390.47-0.360.570.360.95-0.550.340.860.960.940.20.66-0.50.270.40.960.940.260.920.350.730.910.56
-0.32-0.46-0.42-0.36-0.6-0.97-0.070.23-0.97-0.52-0.3-0.220.38-0.480.010.33-0.96-0.29-0.06-0.25-0.4-0.04-0.66-0.480.18
0.560.350.310.57-0.60.60.420.030.590.630.360.290.010.52-0.10.050.610.380.40.690.740.060.750.640.41
0.350.430.380.36-0.970.60.1-0.291.00.540.320.26-0.170.56-0.05-0.131.00.320.090.240.420.060.710.48-0.21
0.960.230.330.95-0.070.420.1-0.490.070.720.930.940.370.61-0.550.420.140.951.00.160.850.360.630.830.63
-0.56-0.46-0.59-0.550.230.03-0.29-0.49-0.29-0.71-0.61-0.7-0.17-0.370.34-0.24-0.33-0.63-0.510.13-0.33-0.61-0.18-0.25-0.21
0.320.460.410.34-0.970.591.00.07-0.290.530.30.23-0.190.53-0.06-0.141.00.290.060.240.390.060.680.45-0.23
0.860.660.730.86-0.520.630.540.72-0.710.530.780.780.130.62-0.340.230.590.790.720.330.810.440.640.710.47
0.960.290.40.96-0.30.360.320.93-0.610.30.780.970.280.66-0.520.330.360.990.930.040.850.360.690.890.42
0.940.330.440.94-0.220.290.260.94-0.70.230.780.970.310.66-0.650.370.30.980.940.050.790.430.610.790.46
0.28-0.19-0.210.20.380.01-0.170.37-0.17-0.190.130.280.310.29-0.30.99-0.150.270.380.00.290.070.170.190.15
0.670.20.250.66-0.480.520.560.61-0.370.530.620.660.660.29-0.550.320.590.670.61-0.090.750.320.830.720.06
-0.52-0.1-0.15-0.50.01-0.1-0.05-0.550.34-0.06-0.34-0.52-0.65-0.3-0.55-0.32-0.1-0.54-0.56-0.04-0.43-0.11-0.34-0.42-0.24
0.34-0.08-0.090.270.330.05-0.130.42-0.24-0.140.230.330.370.990.32-0.32-0.10.330.430.020.340.10.210.230.19
0.390.480.440.4-0.960.611.00.14-0.331.00.590.360.3-0.150.59-0.1-0.10.360.140.240.450.10.730.5-0.19
0.970.30.410.96-0.290.380.320.95-0.630.290.790.990.980.270.67-0.540.330.360.950.070.830.40.70.860.46
0.950.220.330.94-0.060.40.091.0-0.510.060.720.930.940.380.61-0.560.430.140.950.150.840.380.620.810.62
0.250.240.170.26-0.250.690.240.160.130.240.330.040.050.0-0.09-0.040.020.240.070.150.35-0.030.220.220.45
0.930.250.320.92-0.40.740.420.85-0.330.390.810.850.790.290.75-0.430.340.450.830.840.350.320.820.930.47
0.35-0.010.250.35-0.040.060.060.36-0.610.060.440.360.430.070.32-0.110.10.10.40.38-0.030.320.120.140.04
0.730.270.260.73-0.660.750.710.63-0.180.680.640.690.610.170.83-0.340.210.730.70.620.220.820.120.880.15
0.910.240.290.91-0.480.640.480.83-0.250.450.710.890.790.190.72-0.420.230.50.860.810.220.930.140.880.35
0.560.270.30.560.180.41-0.210.63-0.21-0.230.470.420.460.150.06-0.240.19-0.190.460.620.450.470.040.150.35
Click cells to compare fundamentals

Franco Nevada Account Relationship Matchups

Franco Nevada fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.6B6.2B6.6B6.0B4.3B
Other Current Liab35M37.3M25.1M36.1M25.4M24.5M
Total Current Liabilities53.4M53.2M43.2M50.2M39.2M36.7M
Total Stockholder Equity5.1B5.4B6.0B6.4B5.7B4.2B
Net Debt(49.5M)(529.8M)(533.2M)(1.2B)(1.4B)(1.4B)
Retained Earnings(164.4M)(34.4M)484.9M940.4M212.3M222.9M
Cash132.1M534.2M539.3M1.2B1.4B1.5B
Non Current Assets Total5.0B4.9B5.5B5.2B4.4B3.6B
Cash And Short Term Investments132.1M534.2M539.3M1.2B1.4B1.5B
Net Receivables97.8M93.4M119.8M135.7M111M80.8M
Common Stock Total Equity5.1B5.2B5.4B5.6B6.4B4.5B
Common Stock Shares Outstanding188M190.7M191.5M191.9M192.3M169.9M
Liabilities And Stockholders Equity5.3B5.6B6.2B6.6B6.0B4.3B
Non Current Liabilities Total165M95.9M141.5M159M185.8M131.7M
Other Current Assets44.4M35.6M91.8M50.8M81.9M86.0M
Total Liab218.4M149.1M184.7M209.2M225M168.3M
Total Current Assets278.7M663.7M751.4M1.4B1.6B1.7B
Accumulated Other Comprehensive Income(178.3M)(115.9M)(104.3M)(233.7M)(192.0M)(182.4M)
Common Stock5.4B5.6B5.6B5.7B5.7B4.9B
Property Plant And Equipment Net4.8B4.6B5.2B4.9B4.0B3.6B
Short Term Investments13.4M10.5M9.6M654.8M(8.1M)(7.7M)
Property Plant And Equipment Gross4.8B4.6B8.5B8.5B7.9B4.3B
Accounts Payable6.8M3.5M8.5M7M5.5M7.0M
Other Liab85M95.9M141.5M159M182.9M192.0M
Net Tangible Assets5.1B5.4B6.0B6.4B7.4B5.1B
Other Assets43.3M88.4M66.2M84.9M1.00.95
Inventory7.1M5.4M4.4M500K100K475K
Long Term Investments145.6M238.4M235.1M224.6M246.4M181.0M
Property Plant Equipment4.8B4.6B5.2B4.9B5.7B4.4B
Short Long Term Debt Total82.6M4.4M6.1M6.0M5.7M5.4M
Cash And Equivalents13.4M10.5M9.6M655.1M753.4M791.0M
Net Invested Capital5.1B5.4B6.0B6.4B5.8B6.0B
Net Working Capital225.3M610.5M708.2M1.3B1.6B817.2M
Capital Stock5.4B5.6B5.6B5.7B5.7B6.1B

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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.