Frontdoor Capex To Depreciation vs Operating Cash Flow Per Share Analysis

FTDR Stock  USD 58.62  1.18  2.05%   
Frontdoor financial indicator trend analysis is much more than just examining Frontdoor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontdoor is a good investment. Please check the relationship between Frontdoor Capex To Depreciation and its Operating Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.

Capex To Depreciation vs Operating Cash Flow Per Share

Capex To Depreciation vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontdoor Capex To Depreciation account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Frontdoor's Capex To Depreciation and Operating Cash Flow Per Share is 0.43. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Frontdoor, assuming nothing else is changed. The correlation between historical values of Frontdoor's Capex To Depreciation and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Frontdoor are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Capex To Depreciation i.e., Frontdoor's Capex To Depreciation and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from Frontdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontdoor 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 Frontdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.At this time, Frontdoor's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Tax Provision is likely to drop slightly above 39.5 M.
 2021 2022 2023 2024 (projected)
Interest Income1M4M15M15.8M
Tax Provision39M22M53M39.5M

Frontdoor fundamental ratios Correlations

0.62-0.23-0.350.390.20.430.18-0.290.33-0.21-0.38-0.22-0.51-0.230.18-0.21-0.210.37-0.580.28-0.23-0.22-0.080.47-0.22
0.62-0.47-0.490.710.570.410.55-0.510.66-0.6-0.62-0.04-0.51-0.590.31-0.230.010.65-0.550.5-0.25-0.460.070.73-0.35
-0.23-0.470.86-0.93-0.98-0.79-0.990.87-0.920.980.70.840.840.970.560.820.81-0.950.58-0.950.831.0-0.62-0.90.98
-0.35-0.490.86-0.9-0.81-0.94-0.820.98-0.940.810.930.810.880.810.510.730.77-0.940.77-0.970.750.85-0.2-0.930.79
0.390.71-0.93-0.90.940.80.94-0.90.99-0.95-0.86-0.69-0.85-0.93-0.36-0.7-0.650.99-0.750.96-0.71-0.920.410.99-0.85
0.20.57-0.98-0.810.940.711.0-0.830.91-1.0-0.67-0.72-0.79-0.99-0.45-0.77-0.690.94-0.510.91-0.77-0.980.630.89-0.94
0.430.41-0.79-0.940.80.710.72-0.90.84-0.71-0.84-0.83-0.84-0.7-0.38-0.84-0.80.85-0.790.89-0.86-0.780.20.84-0.75
0.180.55-0.99-0.820.941.00.72-0.840.92-1.0-0.68-0.73-0.8-0.99-0.47-0.77-0.70.94-0.520.92-0.77-0.980.630.89-0.95
-0.29-0.510.870.98-0.9-0.83-0.9-0.84-0.940.830.910.760.910.840.510.720.72-0.940.72-0.960.730.86-0.3-0.920.79
0.330.66-0.92-0.940.990.910.840.92-0.94-0.92-0.91-0.71-0.84-0.91-0.4-0.7-0.660.99-0.770.97-0.72-0.910.350.99-0.82
-0.21-0.60.980.81-0.95-1.0-0.71-1.00.83-0.920.690.70.80.990.430.750.67-0.950.54-0.910.750.98-0.62-0.90.93
-0.38-0.620.70.93-0.86-0.67-0.84-0.680.91-0.910.690.580.750.70.310.580.53-0.870.83-0.870.610.68-0.01-0.90.56
-0.22-0.040.840.81-0.69-0.72-0.83-0.730.76-0.710.70.580.780.70.750.831.0-0.750.57-0.830.830.84-0.46-0.680.87
-0.51-0.510.840.88-0.85-0.79-0.84-0.80.91-0.840.80.750.780.820.510.680.76-0.890.68-0.870.680.84-0.44-0.870.83
-0.23-0.590.970.81-0.93-0.99-0.7-0.990.84-0.910.990.70.70.820.480.760.67-0.940.49-0.90.760.97-0.63-0.890.93
0.180.310.560.51-0.36-0.45-0.38-0.470.51-0.40.430.310.750.510.480.450.76-0.430.12-0.530.430.57-0.43-0.320.61
-0.21-0.230.820.73-0.7-0.77-0.84-0.770.72-0.70.750.580.830.680.760.450.82-0.750.48-0.761.00.82-0.55-0.680.84
-0.210.010.810.77-0.65-0.69-0.8-0.70.72-0.660.670.531.00.760.670.760.82-0.710.53-0.790.820.81-0.47-0.640.86
0.370.65-0.95-0.940.990.940.850.94-0.940.99-0.95-0.87-0.75-0.89-0.94-0.43-0.75-0.71-0.740.98-0.76-0.940.410.99-0.88
-0.58-0.550.580.77-0.75-0.51-0.79-0.520.72-0.770.540.830.570.680.490.120.480.53-0.74-0.750.530.560.01-0.810.47
0.280.5-0.95-0.970.960.910.890.92-0.960.97-0.91-0.87-0.83-0.87-0.9-0.53-0.76-0.790.98-0.75-0.78-0.940.360.95-0.88
-0.23-0.250.830.75-0.71-0.77-0.86-0.770.73-0.720.750.610.830.680.760.431.00.82-0.760.53-0.780.82-0.53-0.70.83
-0.22-0.461.00.85-0.92-0.98-0.78-0.980.86-0.910.980.680.840.840.970.570.820.81-0.940.56-0.940.82-0.63-0.880.98
-0.080.07-0.62-0.20.410.630.20.63-0.30.35-0.62-0.01-0.46-0.44-0.63-0.43-0.55-0.470.410.010.36-0.53-0.630.32-0.69
0.470.73-0.9-0.930.990.890.840.89-0.920.99-0.9-0.9-0.68-0.87-0.89-0.32-0.68-0.640.99-0.810.95-0.7-0.880.32-0.8
-0.22-0.350.980.79-0.85-0.94-0.75-0.950.79-0.820.930.560.870.830.930.610.840.86-0.880.47-0.880.830.98-0.69-0.8
Click cells to compare fundamentals

Frontdoor Account Relationship Matchups

Frontdoor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.1B1.1B1.1B962.8M
Short Long Term Debt Total1B993M644M627M610M671.1M
Other Current Liab121M154M140M146M136M134.8M
Total Current Liabilities345M364M403M378M331M353.1M
Total Stockholder Equity(179M)(61M)3M61M137M83.9M
Other Liab50M37M41M47M42.3M39.1M
Net Tangible Assets(871M)(744M)(669M)(590M)(531M)(557.6M)
Property Plant And Equipment Net68M75M83M77M63M64.2M
Current Deferred Revenue188M187M155M121M102M203.9M
Net Debt572M396M382M335M285M306.8M
Accounts Payable48M55M66M80M76M58.7M
Cash428M597M262M292M325M364.4M
Non Current Assets Total789M779M775M752M726M809.5M
Non Currrent Assets Other29M22M21M24M15M20.2M
Other Assets1M(1M)29M37M20M(950K)
Long Term Debt973M968M608M592M577M739.4M
Cash And Short Term Investments435M597M262M292M325M373.5M
Net Receivables12M11M5M7M6M5.7M
Short Term Investments9M7M0.06M5M8.8M
Long Term Debt Total973M968M608M592M680.8M756.8M
Liabilities And Stockholders Equity1.3B1.4B1.1B1.1B1.1B962.8M
Non Current Liabilities Total1.1B1.1B688M657M622M723.1M
Other Current Assets(1M)24M26M33M32M25.3M
Other Stockholder Equity29M46M(34M)(72M)(166M)(157.7M)
Total Liab1.4B1.5B1.1B1.0B953M1.2B
Property Plant And Equipment Gross69M75M83M77M169M177.5M
Total Current Assets330M461M626M295M363M374M
Accumulated Other Comprehensive Income(21M)(33M)(18M)8M6M6.3M
Non Current Liabilities Other27M96M81M65M3M2.9M
Intangible Assets191M170M159M148M143M131M
Property Plant Equipment47M68M60M66M75.9M56.9M
Net Invested Capital641M801M914M628M731M794.4M
Net Working Capital97M223M(83M)(34M)32M29.3M
Retained Earnings(188M)(75M)53M124M296M310.8M
Retained Earnings Total Equity(188M)(75M)53M124M142.6M149.7M

Pair Trading with Frontdoor

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

Moving together with Frontdoor Stock

  0.65BH Biglari HoldingsPairCorr
  0.91WH Wyndham Hotels ResortsPairCorr

Moving against Frontdoor Stock

  0.69WING WingstopPairCorr
  0.66EJH E Home HouseholdPairCorr
The ability to find closely correlated positions to Frontdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontdoor 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 Frontdoor - 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 Frontdoor to buy it.
The correlation of Frontdoor 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 Frontdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontdoor 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 Frontdoor 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

Additional Tools for Frontdoor Stock Analysis

When running Frontdoor's price analysis, check to measure Frontdoor'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 Frontdoor is operating at the current time. Most of Frontdoor's value examination focuses on studying past and present price action to predict the probability of Frontdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontdoor's price. Additionally, you may evaluate how the addition of Frontdoor to your portfolios can decrease your overall portfolio volatility.