FNV Stock | | | USD 122.96 0.39 0.32% |
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 Depreciation And Amortization and its Operating Income 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.
For more information on how to buy Franco Stock please use our
How to Invest in Franco Nevada guide.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Franco Nevada Depreciation And Amortization account and
Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Franco Nevada's Depreciation And Amortization and Operating Income is 0.38. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income 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 Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Franco Nevada are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Franco Nevada's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Operating Income
Operating Income is the amount of profit realized from Franco Nevada operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Franco Nevada is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its 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.
For more information on how to buy Franco Stock please use our
How to Invest in Franco Nevada guide.
Enterprise Value is likely to climb to about 23.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 21.7
M in 2024.
| 2021 | 2022 | 2024 (projected) |
Interest Expense | 300K | 100K | 2.9M | Depreciation And Amortization | 297.0M | 274.9M | 207.0M |
Franco Nevada fundamental ratios Correlations
Click cells to compare fundamentals
Franco Nevada Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franco Nevada fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Franco Stock Analysis
When running Franco Nevada's price analysis, check to
measure Franco Nevada's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franco Nevada is operating at the current time. Most of Franco Nevada's value examination focuses on studying past and present price action to
predict the probability of Franco Nevada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franco Nevada's price. Additionally, you may evaluate how the addition of Franco Nevada to your portfolios can decrease your overall portfolio volatility.