Frontier Net Receivables vs Property Plant Equipment Analysis
FYBR Stock | USD 34.87 0.07 0.20% |
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 Receivables and its Property Plant Equipment 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 Receivables vs Property Plant Equipment
Net Receivables vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontier Communications Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Frontier Communications' Net Receivables and Property Plant Equipment is 0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment 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 Receivables and Property Plant Equipment 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 Receivables of Frontier Communications Parent are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Frontier Communications' Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Property Plant Equipment
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 11/25/2024, 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 Profit | 4.0B | 3.6B | 2.2B | 4.2B | Total Revenue | 6.4B | 5.8B | 5.8B | 7.3B |
Frontier Communications fundamental ratios Correlations
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Frontier Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Frontier Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.3B | 16.8B | 16.5B | 18.6B | 21.6B | 20.9B | |
Short Long Term Debt Total | 17.7B | 5.8B | 8.0B | 9.1B | 11.6B | 12.3B | |
Other Current Liab | 1.0B | 413M | 494M | 539M | 755M | 730.1M | |
Total Current Liabilities | 2.8B | 7.1B | 1.5B | 2.3B | 2.3B | 2.4B | |
Total Stockholder Equity | (4.4B) | (4.9B) | 4.6B | 5.1B | 5.3B | 5.5B | |
Property Plant And Equipment Net | 13.2B | 12.9B | 9.2B | 11.9B | 14.1B | 11.5B | |
Retained Earnings | (8.6B) | (9.0B) | 414M | 855M | 884M | 928.2M | |
Accounts Payable | 437M | 540M | 535M | 1.4B | 1.1B | 622.5M | |
Cash | 760M | 1.8B | 2.1B | 322M | 1.1B | 882.0M | |
Non Current Assets Total | 16.4B | 14.1B | 13.8B | 16.0B | 17.9B | 18.2B | |
Cash And Short Term Investments | 760M | 1.8B | 2.1B | 2.1B | 2.2B | 1.1B | |
Net Receivables | 667M | 638M | 458M | 456M | 446M | 640.1M | |
Liabilities And Stockholders Equity | 19.3B | 16.8B | 16.5B | 18.6B | 21.6B | 20.9B | |
Other Current Assets | 1.5B | 187M | 103M | 69M | 135M | 128.3M | |
Other Stockholder Equity | 4.8B | 4.8B | 4.1B | 4.2B | 4.3B | 4.7B | |
Total Liab | 23.7B | 21.7B | 11.9B | 13.5B | 16.3B | 18.0B | |
Total Current Assets | 2.9B | 2.7B | 2.7B | 2.6B | 2.8B | 2.0B | |
Intangible Assets | 1.0B | 677M | 4.2B | 3.9B | 3.6B | 2.2B | |
Common Stock Shares Outstanding | 104.1M | 104.5M | 244.4M | 245.3M | 248.5M | 139.4M | |
Other Assets | (382M) | 318M | 4.6B | 84M | 920M | 874M | |
Long Term Debt | 16.4B | 16.3B | 8.0B | 9.1B | 11.2B | 10.9B | |
Capital Surpluse | 4.8B | 4.8B | 4.1B | 4.2B | 3.8B | 3.8B | |
Property Plant Equipment | 13.2B | 13.1B | 9.2B | 11.9B | 10.7B | 10.4B | |
Other Liab | 2.5B | 2.7B | 2.5B | 1.8B | 1.6B | 2.1B | |
Net Tangible Assets | (5.4B) | (5.6B) | 373M | 1.2B | 1.4B | 1.5B | |
Deferred Long Term Liab | 121M | 116M | 387M | 558M | 641.7M | 673.8M |
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
0.68 | T | ATT Inc Aggressive Push | PairCorr |
Moving against Frontier Stock
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.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.