Frontier Net Borrowings vs Change To Liabilities Analysis

FYBR Stock  USD 34.80  0.10  0.29%   
Frontier Communications financial indicator trend analysis is much more than just examining Frontier Communications latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontier Communications is a good investment. Please check the relationship between Frontier Communications Net Borrowings and its Change To Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontier Communications Parent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Borrowings vs Change To Liabilities

Net Borrowings vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontier Communications Net Borrowings account and Change To Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Frontier Communications' Net Borrowings and Change To Liabilities is -0.53. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Frontier Communications Parent, assuming nothing else is changed. The correlation between historical values of Frontier Communications' Net Borrowings and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Frontier Communications Parent are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Borrowings i.e., Frontier Communications' Net Borrowings and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Change To Liabilities

Most indicators from Frontier Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontier Communications 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 Frontier Communications Parent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of 11/22/2024, Tax Provision is likely to drop to about (15.8 M). In addition to that, Selling General Administrative is likely to drop to about 1.5 B
 2021 2022 2023 2024 (projected)
Gross Profit4.0B3.6B2.2B4.2B
Total Revenue6.4B5.8B5.8B7.3B

Frontier Communications fundamental ratios Correlations

0.730.870.210.340.78-0.280.690.040.43-0.130.98-0.32-0.070.850.450.670.020.860.610.2-0.080.450.0-0.30.1
0.730.930.060.030.77-0.090.99-0.190.16-0.40.74-0.07-0.410.780.390.910.350.460.77-0.06-0.180.15-0.15-0.450.34
0.870.930.140.10.8-0.310.91-0.150.22-0.280.88-0.2-0.30.840.460.830.230.610.720.03-0.110.22-0.13-0.360.28
0.210.060.14-0.590.550.170.01-0.740.190.380.150.40.310.35-0.260.370.080.380.610.420.93-0.160.05-0.52-0.49
0.340.030.1-0.59-0.05-0.230.040.940.37-0.180.36-0.410.080.050.33-0.22-0.570.17-0.38-0.16-0.740.660.260.260.07
0.780.770.80.55-0.050.060.74-0.340.54-0.060.730.230.090.750.10.820.110.630.820.310.250.360.21-0.7-0.2
-0.28-0.09-0.310.17-0.230.06-0.1-0.290.160.17-0.360.490.27-0.18-0.480.050.38-0.020.10.330.160.050.32-0.26-0.33
0.690.990.910.010.040.74-0.1-0.160.16-0.50.72-0.1-0.470.770.440.890.320.40.73-0.15-0.210.11-0.19-0.390.4
0.04-0.19-0.15-0.740.94-0.34-0.29-0.160.21-0.220.07-0.380.04-0.240.24-0.45-0.62-0.15-0.6-0.29-0.790.50.220.380.12
0.430.160.220.190.370.540.160.160.21-0.10.340.310.570.1-0.270.1-0.210.360.140.49-0.110.760.73-0.51-0.53
-0.13-0.4-0.280.38-0.18-0.060.17-0.5-0.22-0.1-0.240.320.7-0.22-0.46-0.23-0.040.17-0.060.630.440.180.39-0.16-0.62
0.980.740.880.150.360.73-0.360.720.070.34-0.24-0.43-0.220.890.590.66-0.020.80.570.04-0.110.37-0.13-0.190.23
-0.32-0.07-0.20.4-0.410.230.49-0.1-0.380.310.32-0.430.53-0.33-0.860.030.12-0.260.160.450.310.160.64-0.73-0.75
-0.07-0.41-0.30.310.080.090.27-0.470.040.570.7-0.220.53-0.4-0.69-0.33-0.180.14-0.160.810.20.560.85-0.38-0.86
0.850.780.840.350.050.75-0.180.77-0.240.1-0.220.89-0.33-0.40.610.820.110.730.75-0.090.150.09-0.35-0.230.28
0.450.390.46-0.260.330.1-0.480.440.24-0.27-0.460.59-0.86-0.690.610.31-0.190.240.14-0.63-0.22-0.15-0.690.470.78
0.670.910.830.37-0.220.820.050.89-0.450.1-0.230.660.03-0.330.820.310.360.510.950.010.17-0.01-0.21-0.570.21
0.020.350.230.08-0.570.110.380.32-0.62-0.21-0.04-0.020.12-0.180.11-0.190.360.180.350.350.08-0.32-0.17-0.120.22
0.860.460.610.380.170.63-0.020.4-0.150.360.170.8-0.260.140.730.240.510.180.550.480.150.380.04-0.24-0.09
0.610.770.720.61-0.380.820.10.73-0.60.14-0.060.570.16-0.160.750.140.950.350.550.170.42-0.06-0.14-0.680.0
0.2-0.060.030.42-0.160.310.33-0.15-0.290.490.630.040.450.81-0.09-0.630.010.350.480.170.260.440.66-0.46-0.68
-0.08-0.18-0.110.93-0.740.250.16-0.21-0.79-0.110.44-0.110.310.20.15-0.220.170.080.150.420.26-0.42-0.15-0.28-0.36
0.450.150.22-0.160.660.360.050.110.50.760.180.370.160.560.09-0.15-0.01-0.320.38-0.060.44-0.420.79-0.35-0.49
0.0-0.15-0.130.050.260.210.32-0.190.220.730.39-0.130.640.85-0.35-0.69-0.21-0.170.04-0.140.66-0.150.79-0.53-0.81
-0.3-0.45-0.36-0.520.26-0.7-0.26-0.390.38-0.51-0.16-0.19-0.73-0.38-0.230.47-0.57-0.12-0.24-0.68-0.46-0.28-0.35-0.530.59
0.10.340.28-0.490.07-0.2-0.330.40.12-0.53-0.620.23-0.75-0.860.280.780.210.22-0.090.0-0.68-0.36-0.49-0.810.59
Click cells to compare fundamentals

Frontier Communications Account Relationship Matchups

Frontier Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.3B16.8B16.5B18.6B21.6B20.9B
Short Long Term Debt Total17.7B5.8B8.0B9.1B11.6B12.3B
Other Current Liab1.0B413M494M539M755M730.1M
Total Current Liabilities2.8B7.1B1.5B2.3B2.3B2.4B
Total Stockholder Equity(4.4B)(4.9B)4.6B5.1B5.3B5.5B
Property Plant And Equipment Net13.2B12.9B9.2B11.9B14.1B11.5B
Retained Earnings(8.6B)(9.0B)414M855M884M928.2M
Accounts Payable437M540M535M1.4B1.1B622.5M
Cash760M1.8B2.1B322M1.1B882.0M
Non Current Assets Total16.4B14.1B13.8B16.0B17.9B18.2B
Cash And Short Term Investments760M1.8B2.1B2.1B2.2B1.1B
Net Receivables667M638M458M456M446M640.1M
Liabilities And Stockholders Equity19.3B16.8B16.5B18.6B21.6B20.9B
Other Current Assets1.5B187M103M69M135M128.3M
Other Stockholder Equity4.8B4.8B4.1B4.2B4.3B4.7B
Total Liab23.7B21.7B11.9B13.5B16.3B18.0B
Total Current Assets2.9B2.7B2.7B2.6B2.8B2.0B
Intangible Assets1.0B677M4.2B3.9B3.6B2.2B
Common Stock Shares Outstanding104.1M104.5M244.4M245.3M248.5M139.4M
Other Assets(382M)318M4.6B84M920M874M
Long Term Debt16.4B16.3B8.0B9.1B11.2B10.9B
Capital Surpluse4.8B4.8B4.1B4.2B3.8B3.8B
Property Plant Equipment13.2B13.1B9.2B11.9B10.7B10.4B
Other Liab2.5B2.7B2.5B1.8B1.6B2.1B
Net Tangible Assets(5.4B)(5.6B)373M1.2B1.4B1.5B
Deferred Long Term Liab121M116M387M558M641.7M673.8M

Pair Trading with Frontier Communications

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

Moving together with Frontier Stock

  0.76T ATT Inc Aggressive PushPairCorr
  0.64KT KT CorporationPairCorr

Moving against Frontier Stock

  0.64IHS IHS HoldingPairCorr
  0.57KORE KORE Group HoldingsPairCorr
  0.47UCL Ucloudlink GroupPairCorr
  0.4TKC Turkcell IletisimPairCorr
  0.39GOGO Gogo IncPairCorr
The ability to find closely correlated positions to Frontier Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontier Communications 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 Frontier Communications - 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 Frontier Communications Parent to buy it.
The correlation of Frontier Communications 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 Frontier Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontier Communications 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 Frontier Communications 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 Frontier Stock Analysis

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