Franklin Long Term Debt vs Other Current Liab Analysis
FSP Stock | USD 1.92 0.02 1.03% |
Franklin Street financial indicator trend analysis is much more than just examining Franklin Street Prop latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Street Prop is a good investment. Please check the relationship between Franklin Street Long Term Debt and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Street Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Long Term Debt vs Other Current Liab
Long Term Debt vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Street Prop Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Franklin Street's Long Term Debt and Other Current Liab is -0.03. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Franklin Street Properties, assuming nothing else is changed. The correlation between historical values of Franklin Street's Long Term Debt and Other Current 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 Long Term Debt of Franklin Street Properties are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., Franklin Street's Long Term Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Franklin Street Prop has held for over one year. Long-term debt appears on Franklin Street Properties balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Franklin Street Properties balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Other Current Liab
Most indicators from Franklin Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Street Prop 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 Franklin Street Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Franklin Street's Tax Provision is relatively stable compared to the past year. As of 11/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Enterprise Value is likely to drop slightly above 560.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 196.4M | 165.1M | 92.0M | 129.2M | Interest Expense | 32.3M | 22.8M | 24.3M | 16.4M |
Franklin Street fundamental ratios Correlations
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Franklin Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franklin Street fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 1.8B | 1.4B | 1.2B | 1.2B | 1.3B | |
Total Stockholder Equity | 786.4M | 768.1M | 783.2M | 768.7M | 712.8M | 756.5M | |
Other Assets | 73.8M | 1.8B | 1.3B | 1.2B | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 107.2M | 107.3M | 106.7M | 103.3M | 103.4M | 82.2M | |
Liabilities And Stockholders Equity | 1.8B | 1.8B | 1.4B | 1.2B | 1.2B | 1.3B | |
Other Stockholder Equity | 1.4B | 1.4B | 1.3B | 1.3B | 1.3B | 999.2M | |
Total Liab | 1.1B | 1.0B | 581.0M | 472.9M | 456.5M | 507.6M | |
Short Long Term Debt Total | 973.4M | 1.1B | 480.0M | 413.0M | 404.7M | 607.8M | |
Other Current Liab | 3.4M | 9.0M | (1.2M) | (759K) | 3.7M | 6.5M | |
Total Current Liabilities | 66.7M | 72.1M | 89.5M | 50.4M | 160.6M | 168.6M | |
Property Plant And Equipment Net | 183K | 163K | 198K | 154K | 891.2M | 935.8M | |
Net Debt | 956.8M | 918.9M | 434.0M | 406.4M | 276.9M | 456.8M | |
Cash | 9.8M | 2.7M | 40.8M | 6.6M | 125.5M | 131.8M | |
Non Current Assets Total | 1.7B | 1.7B | 1.2B | 1.2B | 925.5M | 1.2B | |
Non Currrent Assets Other | 1.7B | 1.7B | 1.2B | 1.2B | 27.6M | 26.2M | |
Cash And Short Term Investments | 9.8M | 2.7M | 40.8M | 6.6M | 125.5M | 131.8M | |
Net Receivables | 91.7M | 96.4M | 75.0M | 74.7M | 42.6M | 67.8M | |
Non Current Liabilities Total | 989.6M | 953.0M | 491.5M | 422.6M | 295.9M | 587.7M | |
Property Plant And Equipment Gross | 183K | 163K | 1.4M | 1.3M | 1.1M | 1.1M | |
Total Current Assets | 108.8M | 106.3M | 119.8M | 81.3M | 243.8M | 256.0M | |
Accumulated Other Comprehensive Income | (4.7M) | (17.3M) | (5.2M) | 4.4M | 355K | 372.8K | |
Short Term Debt | 963K | 155M | 1.2M | 759K | 115.0M | 142.1M | |
Retained Earnings | (565.7M) | (571.7M) | (550.8M) | (570.4M) | (622.7M) | (591.5M) | |
Other Liab | 10.9M | 27.6M | 6.7M | 5.8M | 6.7M | 12.7M | |
Accounts Payable | 66.7M | 72.1M | 89.5M | 50.4M | 41.9M | 43.7M | |
Long Term Debt | 972.5M | 933.8M | 478.9M | 412.3M | 404.4M | 568.1M | |
Short Term Investments | 13.9M | 14.8M | 3.0M | 4.4M | (2.4M) | (2.2M) | |
Other Current Assets | (80.5M) | (79.6M) | (91.7M) | (61.6M) | 75.7M | 79.5M | |
Property Plant Equipment | 183K | 163K | 198K | 154K | 138.6K | 131.7K | |
Inventory | (14.8M) | (3.0M) | 1.0 | (4.4M) | (3.9M) | (4.1M) | |
Net Tangible Assets | 745.7M | 739.9M | 768.3M | 758.6M | 682.7M | 635.3M | |
Retained Earnings Total Equity | (565.7M) | (571.7M) | (550.8M) | (570.4M) | (513.4M) | (539.0M) | |
Capital Surpluse | 1.4B | 1.4B | 1.3B | 1.3B | 1.5B | 1.4B | |
Deferred Long Term Liab | 52.8M | 56.5M | 38.3M | 35.7M | 41.1M | 33.2M | |
Long Term Investments | 84.1M | 14.8M | 3.0M | 4.4M | 3.9M | 3.7M | |
Non Current Liabilities Other | 4.4M | 3.1M | 1.7M | 5.9M | 6.3M | 5.3M | |
Intangible Assets | 40.7M | 28.2M | 14.9M | 10.2M | 6.7M | 6.4M | |
Long Term Debt Total | 972.5M | 933.8M | 478.9M | 364.3M | 418.9M | 781.0M |
Pair Trading with Franklin Street
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 Franklin Street 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 Franklin Street will appreciate offsetting losses from the drop in the long position's value.Moving together with Franklin Stock
Moving against Franklin Stock
0.79 | NNN | National Retail Prop | PairCorr |
0.68 | O | Realty Income | PairCorr |
0.57 | FR | First Industrial Realty | PairCorr |
0.47 | HPP | Hudson Pacific Properties | PairCorr |
0.45 | AHT-PH | Ashford Hospitality Trust | PairCorr |
The ability to find closely correlated positions to Franklin Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Street 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 Franklin Street - 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 Franklin Street Properties to buy it.
The correlation of Franklin Street 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 Franklin Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Street Prop 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 Franklin Street 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.Additional Tools for Franklin Stock Analysis
When running Franklin Street's price analysis, check to measure Franklin Street'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 Franklin Street is operating at the current time. Most of Franklin Street's value examination focuses on studying past and present price action to predict the probability of Franklin Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Street's price. Additionally, you may evaluate how the addition of Franklin Street to your portfolios can decrease your overall portfolio volatility.