Frontline Property Plant And Equipment Net vs Total Liab Analysis
FRO Stock | USD 19.58 0.05 0.26% |
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 Property Plant And Equipment Net and its Total Liab 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.
Property Plant And Equipment Net vs Total Liab
Property Plant And Equipment Net vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontline Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Frontline's Property Plant And Equipment Net and Total Liab is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of Frontline, assuming nothing else is changed. The correlation between historical values of Frontline's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Frontline 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 Property Plant And Equipment Net i.e., Frontline's Property Plant And Equipment Net and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 22nd 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 |
Frontline fundamental ratios Correlations
Click cells to compare fundamentals
Frontline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
Moving against Frontline Stock
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0.59 | ET | Energy Transfer LP Aggressive Push | PairCorr |
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.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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.