Frontline Good Will vs Short Term Debt Analysis

FRO Stock

USD 19.03 0.52 2.66%

Frontline financial indicator trend analysis is much more than just examining Frontline latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontline is a good investment. Please check the relationship between Frontline Good Will and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontline Good Will account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Frontline's Good Will and Short Term Debt is -0.17. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Frontline, assuming nothing else is changed. The correlation between historical values of Frontline's Good Will and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Frontline are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., Frontline's Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Term Debt

Most indicators from Frontline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontline 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 Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.As of the 26th of November 2024, Selling General Administrative is likely to grow to about 65.5 M, while Discontinued Operations is likely to drop (123.8 M).

	2021	2022	2023	2024 (projected)
Gross Profit	30.6M	481M	761.4M	428.0M
Total Revenue	749.4M	1.4B	1.8B	1.9B

Gross Profit Total Revenue

Frontline fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Good Will	Common Stock Total Equity	Short Term Investments
Total Assets		0.94	0.73	0.54	0.88	0.99	0.93	0.68	0.23	0.68	0.88	0.46	0.72	0.8	0.82	0.91	0.6	-0.27	0.85	0.94	0.85	0.79	0.46	-0.2	0.17	0.35
Short Long Term Debt Total	0.94		0.83	0.53	0.75	0.94	1.0	0.5	0.27	0.62	0.85	0.53	0.59	0.71	0.72	0.98	0.72	-0.28	0.82	1.0	0.84	0.75	0.43	-0.08	0.03	0.22
Other Current Liab	0.73	0.83		0.61	0.5	0.71	0.82	0.27	-0.02	0.57	0.63	0.4	0.54	0.62	0.51	0.78	0.6	-0.27	0.58	0.84	0.62	0.7	0.5	0.14	0.07	0.19
Total Current Liabilities	0.54	0.53	0.61		0.47	0.53	0.52	0.21	0.24	0.39	0.49	0.2	0.37	0.5	0.55	0.33	0.43	0.19	0.57	0.53	0.46	0.47	0.99	-0.1	0.04	0.14
Total Stockholder Equity	0.88	0.75	0.5	0.47		0.87	0.73	0.88	0.2	0.79	0.95	0.6	0.68	0.72	0.9	0.71	0.64	-0.35	0.89	0.75	0.92	0.71	0.43	-0.33	0.26	0.36
Property Plant And Equipment Net	0.99	0.94	0.71	0.53	0.87		0.93	0.66	0.24	0.61	0.88	0.41	0.64	0.75	0.83	0.9	0.58	-0.27	0.86	0.93	0.84	0.72	0.46	-0.25	0.14	0.3
Net Debt	0.93	1.0	0.82	0.52	0.73	0.93		0.47	0.29	0.57	0.85	0.52	0.53	0.67	0.72	0.97	0.73	-0.29	0.83	0.99	0.83	0.7	0.42	-0.12	-0.03	0.2
Retained Earnings	0.68	0.5	0.27	0.21	0.88	0.66	0.47		-0.05	0.73	0.77	0.62	0.64	0.59	0.65	0.5	0.46	-0.51	0.63	0.5	0.77	0.62	0.18	-0.5	0.29	0.39
Accounts Payable	0.23	0.27	-0.02	0.24	0.2	0.24	0.29	-0.05		0.04	0.26	0.07	-0.02	0.16	0.23	0.24	0.34	0.51	0.31	0.27	0.24	0.12	0.22	-0.02	0.06	-0.02
Cash	0.68	0.62	0.57	0.39	0.79	0.61	0.57	0.73	0.04		0.78	0.68	0.77	0.66	0.58	0.6	0.66	-0.27	0.62	0.63	0.78	0.81	0.31	0.13	0.46	0.29
Non Current Assets Total	0.88	0.85	0.63	0.49	0.95	0.88	0.85	0.77	0.26	0.78		0.72	0.56	0.65	0.88	0.82	0.82	-0.39	0.94	0.85	0.99	0.69	0.43	-0.26	0.13	0.22
Non Currrent Assets Other	0.46	0.53	0.4	0.2	0.6	0.41	0.52	0.62	0.07	0.68	0.72		0.29	0.29	0.5	0.54	0.87	-0.51	0.61	0.53	0.79	0.48	0.14	-0.21	-0.01	0.0
Cash And Short Term Investments	0.72	0.59	0.54	0.37	0.68	0.64	0.53	0.64	-0.02	0.77	0.56	0.29		0.93	0.49	0.57	0.24	-0.21	0.48	0.6	0.53	0.95	0.29	0.07	0.38	0.75
Net Receivables	0.8	0.71	0.62	0.5	0.72	0.75	0.67	0.59	0.16	0.66	0.65	0.29	0.93		0.62	0.67	0.31	-0.21	0.63	0.71	0.6	0.94	0.43	-0.08	0.2	0.79
Common Stock Shares Outstanding	0.82	0.72	0.51	0.55	0.9	0.83	0.72	0.65	0.23	0.58	0.88	0.5	0.49	0.62		0.65	0.61	-0.29	0.93	0.72	0.85	0.55	0.52	-0.33	0.08	0.27
Non Current Liabilities Total	0.91	0.98	0.78	0.33	0.71	0.9	0.97	0.5	0.24	0.6	0.82	0.54	0.57	0.67	0.65		0.69	-0.36	0.76	0.97	0.81	0.72	0.23	-0.05	0.03	0.22
Inventory	0.6	0.72	0.6	0.43	0.64	0.58	0.73	0.46	0.34	0.66	0.82	0.87	0.24	0.31	0.61	0.69		-0.23	0.76	0.72	0.86	0.49	0.36	-0.05	0.0	-0.13
Other Current Assets	-0.27	-0.28	-0.27	0.19	-0.35	-0.27	-0.29	-0.51	0.51	-0.27	-0.39	-0.51	-0.21	-0.21	-0.29	-0.36	-0.23		-0.29	-0.28	-0.43	-0.24	0.22	0.37	0.16	-0.24
Other Stockholder Equity	0.85	0.82	0.58	0.57	0.89	0.86	0.83	0.63	0.31	0.62	0.94	0.61	0.48	0.63	0.93	0.76	0.76	-0.29		0.82	0.93	0.62	0.53	-0.27	-0.1	0.25
Total Liab	0.94	1.0	0.84	0.53	0.75	0.93	0.99	0.5	0.27	0.63	0.85	0.53	0.6	0.71	0.72	0.97	0.72	-0.28	0.82		0.84	0.76	0.44	-0.07	0.04	0.23
Property Plant And Equipment Gross	0.85	0.84	0.62	0.46	0.92	0.84	0.83	0.77	0.24	0.78	0.99	0.79	0.53	0.6	0.85	0.81	0.86	-0.43	0.93	0.84		0.67	0.39	-0.28	0.1	0.18
Total Current Assets	0.79	0.75	0.7	0.47	0.71	0.72	0.7	0.62	0.12	0.81	0.69	0.48	0.95	0.94	0.55	0.72	0.49	-0.24	0.62	0.76	0.67		0.37	0.06	0.24	0.68
Short Term Debt	0.46	0.43	0.5	0.99	0.43	0.46	0.42	0.18	0.22	0.31	0.43	0.14	0.29	0.43	0.52	0.23	0.36	0.22	0.53	0.44	0.39	0.37		-0.17	0.01	0.12
Good Will	-0.2	-0.08	0.14	-0.1	-0.33	-0.25	-0.12	-0.5	-0.02	0.13	-0.26	-0.21	0.07	-0.08	-0.33	-0.05	-0.05	0.37	-0.27	-0.07	-0.28	0.06	-0.17		0.24	-0.15
Common Stock Total Equity	0.17	0.03	0.07	0.04	0.26	0.14	-0.03	0.29	0.06	0.46	0.13	-0.01	0.38	0.2	0.08	0.03	0.0	0.16	-0.1	0.04	0.1	0.24	0.01	0.24		0.0
Short Term Investments	0.35	0.22	0.19	0.14	0.36	0.3	0.2	0.39	-0.02	0.29	0.22	0.0	0.75	0.79	0.27	0.22	-0.13	-0.24	0.25	0.23	0.18	0.68	0.12	-0.15	0.0

Click cells to compare fundamentals

Frontline Account Relationship Matchups

Frontline fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	3.9B	4.1B	4.8B	5.9B	3.0B
Short Long Term Debt Total	2.1B	2.2B	2.4B	2.4B	3.5B	1.9B
Other Current Liab	102.8M	93.4M	114.9M	104.8M	138.2M	81.8M
Total Current Liabilities	848.1M	281.4M	292.7M	391.7M	409.1M	319.0M
Total Stockholder Equity	1.5B	1.6B	1.7B	2.3B	2.3B	2.4B
Property Plant And Equipment Net	3.1B	3.4B	3.7B	3.7B	4.6B	2.4B
Net Debt	1.9B	2.0B	2.3B	2.1B	3.2B	1.8B
Retained Earnings	(174.8M)	8.0M	(3.1M)	436.2M	446.0M	468.3M
Accounts Payable	13.0M	7.9M	2.3M	8.0M	7.8M	10.6M
Cash	174.2M	174.7M	113.1M	254.5M	308.3M	323.7M
Non Current Assets Total	3.2B	3.5B	3.8B	3.9B	5.2B	5.4B
Non Currrent Assets Other	9.4M	7.2M	12.7M	56.9M	355.5M	373.3M
Cash And Short Term Investments	175.3M	177.4M	115.5M	490.8M	315.8M	158.7M
Net Receivables	104.3M	84.9M	83.9M	237.1M	143.9M	80.2M
Common Stock Shares Outstanding	179.3M	197.8M	199.0M	214.0M	222.6M	233.8M
Liabilities And Stockholders Equity	3.7B	3.9B	4.1B	4.8B	5.9B	3.0B
Non Current Liabilities Total	1.3B	2.0B	2.2B	2.1B	3.2B	1.7B
Inventory	138.0M	92.6M	119.3M	80.8M	245.2M	257.5M
Other Current Assets	260.1M	23.5M	14.0M	46.0M	23.0M	21.9M
Other Stockholder Equity	1.5B	1.4B	1.5B	1.6B	1.9B	1.9B
Total Liab	2.2B	2.3B	2.5B	2.5B	3.6B	2.0B
Property Plant And Equipment Gross	3.1B	3.4B	3.7B	3.7B	5.6B	5.9B
Total Current Assets	448.5M	378.3M	332.7M	881.1M	727.9M	485.6M
Accumulated Other Comprehensive Income	330K	200K	228K	454K	415K	435.8K
Short Term Debt	727.3M	179.4M	207.4M	278.9M	263.1M	221.9M
Short Term Investments	1.1M	2.6M	2.4M	236.3M	7.4M	7.1M
Common Stock	196.9M	197.7M	203.5M	222.6M	256.0M	208.4M
Current Deferred Revenue	304K	5.0M	5.7M	3.1M	2.8M	2.7M
Net Tangible Assets	1.4B	1.5B	1.5B	2.2B	2.5B	1.5B
Other Assets	75.4M	8.6M	14.1M	2.9M	1.0	0.95
Long Term Debt	1.3B	2.0B	2.1B	2.1B	3.2B	1.6B
Long Term Investments	15.7M	1.3M	555K	16.3M	12.4M	20.1M
Short Long Term Debt	439.0M	167.1M	189.3M	258.4M	262.0M	231.1M
Property Plant Equipment	3.1B	3.4B	3.7B	3.7B	4.3B	2.8B
Other Liab	1.1M	3.7M	992K	2.1M	1.8M	1.8M
Long Term Debt Total	1.7B	1.3B	2.0B	2.2B	2.5B	1.6B
Capital Surpluse	1.3B	1.5B	1.4B	1.5B	1.7B	1.3B

Pair Trading with Frontline

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

Moving together with Frontline Stock

0.77

Teekay

Pair Corr

Moving against Frontline Stock

0.68	DTM	DT Midstream	Pair Corr
0.65	KMI	Kinder Morgan Fiscal Year End 15th of January 2025	Pair Corr
0.63	OKE	ONEOK Inc	Pair Corr
0.61	ENLC	EnLink Midstream LLC	Pair Corr
0.58	ET	Energy Transfer LP Aggressive Push	Pair Corr

The ability to find closely correlated positions to Frontline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontline 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 Frontline - 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 Frontline to buy it.

The correlation of Frontline 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 Frontline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontline 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 Frontline 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 Correlation Correlation Matching

When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:

How To Invest In Frontline

Details

Is Frontline Stock a good investment?

Details

What is Frontline's Net Worth?

Details

Largest Oil & Gas Storage & Transportation Companies

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Largest Oil & Gas Midstream Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frontline. If investors know Frontline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frontline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.19)

Dividend Share

1.91

Earnings Share

2.67

Revenue Per Share

8.654

Quarterly Revenue Growth

0.084

The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frontline's market value can be influenced by many factors that don't directly affect Frontline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline'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.

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Frontline Good Will vs Short Term Debt Analysis

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

Correlation Coefficient

Good Will

Short Term Debt

Frontline fundamental ratios Correlations

Frontline Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Frontline fundamental ratios Accounts

Pair Trading with Frontline

Moving together with Frontline Stock

Moving against Frontline Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Net Debt
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total

Other Current Assets	- 0.51	Non Currrent Assets Other
Other Current Assets	- 0.51	Retained Earnings
Good Will	- 0.5	Retained Earnings
Property Plant And Equipment Gross	- 0.43	Other Current Assets
Other Current Assets	- 0.39	Non Current Assets Total
Other Current Assets	- 0.36	Non Current Liabilities Total