Franco Deferred Long Term Liab vs Common Stock Analysis

FNV Stock  USD 128.48  2.73  2.17%   
Franco Nevada financial indicator trend analysis is much more than just examining Franco Nevada latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franco Nevada is a good investment. Please check the relationship between Franco Nevada Deferred Long Term Liab and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Franco Stock please use our How to Invest in Franco Nevada guide.

Deferred Long Term Liab vs Common Stock

Deferred Long Term Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franco Nevada Deferred Long Term Liab account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Franco Nevada's Deferred Long Term Liab and Common Stock is -0.08. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Franco Nevada, assuming nothing else is changed. The correlation between historical values of Franco Nevada's Deferred Long Term Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Franco Nevada are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Deferred Long Term Liab i.e., Franco Nevada's Deferred Long Term Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Common Stock

Most indicators from Franco Nevada's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franco Nevada 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 Franco Nevada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Franco Stock please use our How to Invest in Franco Nevada guide.Enterprise Value is likely to climb to about 23.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 22 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense300K100K3.0M2.9M
Depreciation And Amortization230.6M295M278.1M203.2M

Franco Nevada fundamental ratios Correlations

0.410.451.00.780.97-0.260.550.270.30.96-0.570.5-0.440.320.840.960.940.40.28-0.520.39-0.290.34-0.090.94
0.410.990.430.320.43-0.540.320.030.540.28-0.510.540.030.420.60.350.380.18-0.24-0.050.220.1-0.12-0.30.23
0.450.990.470.330.48-0.540.310.160.550.33-0.590.550.050.410.660.40.440.17-0.21-0.020.220.11-0.09-0.280.26
1.00.430.470.780.97-0.310.570.270.340.95-0.570.5-0.460.340.850.960.940.40.2-0.550.38-0.270.27-0.160.94
0.780.320.330.780.79-0.370.720.080.340.67-0.340.08-0.490.70.70.70.670.820.19-0.620.79-0.230.23-0.180.77
0.970.430.480.970.79-0.320.490.260.360.87-0.650.37-0.350.450.830.970.930.480.23-0.440.5-0.20.29-0.120.92
-0.26-0.54-0.54-0.31-0.37-0.32-0.6-0.02-0.95-0.020.29-0.26-0.09-0.76-0.49-0.14-0.13-0.410.570.07-0.21-0.250.520.53-0.16
0.550.320.310.570.720.49-0.60.050.60.420.010.33-0.40.590.660.340.290.620.01-0.520.36-0.10.05-0.220.46
0.270.030.160.270.080.26-0.020.050.050.3-0.460.06-0.04-0.060.410.270.33-0.070.040.02-0.070.170.06-0.010.16
0.30.540.550.340.340.36-0.950.60.050.06-0.40.370.250.720.550.180.170.38-0.350.090.170.28-0.29-0.290.17
0.960.280.330.950.670.87-0.020.420.30.06-0.50.51-0.520.070.730.930.940.230.37-0.560.27-0.360.42-0.010.92
-0.57-0.51-0.59-0.57-0.34-0.650.290.01-0.46-0.4-0.5-0.36-0.31-0.34-0.64-0.62-0.71-0.13-0.16-0.26-0.29-0.09-0.24-0.1-0.44
0.50.540.550.50.080.37-0.260.330.060.370.51-0.36-0.01-0.130.560.380.45-0.260.05-0.06-0.26-0.170.12-0.050.35
-0.440.030.05-0.46-0.49-0.35-0.09-0.4-0.040.25-0.52-0.31-0.010.02-0.15-0.42-0.35-0.30.060.97-0.180.380.060.34-0.58
0.320.420.410.340.70.45-0.760.59-0.060.720.07-0.34-0.130.020.450.260.230.85-0.19-0.140.720.11-0.14-0.270.28
0.840.60.660.850.70.83-0.490.660.410.550.73-0.640.56-0.150.450.740.740.330.12-0.260.38-0.050.21-0.130.68
0.960.350.40.960.70.97-0.140.340.270.180.93-0.620.38-0.420.260.740.960.340.27-0.480.4-0.260.33-0.080.94
0.940.380.440.940.670.93-0.130.290.330.170.94-0.710.45-0.350.230.740.960.30.3-0.40.41-0.370.36-0.030.9
0.40.180.170.40.820.48-0.410.62-0.070.380.23-0.13-0.26-0.30.850.330.340.30.11-0.410.81-0.140.14-0.130.4
0.28-0.24-0.210.20.190.230.570.010.04-0.350.37-0.160.050.06-0.190.120.270.30.110.110.19-0.230.990.830.26
-0.52-0.05-0.02-0.55-0.62-0.440.07-0.520.020.09-0.56-0.26-0.060.97-0.14-0.26-0.48-0.4-0.410.11-0.30.350.110.47-0.65
0.390.220.220.380.790.5-0.210.36-0.070.170.27-0.29-0.26-0.180.720.380.40.410.810.19-0.3-0.280.22-0.080.4
-0.290.10.11-0.27-0.23-0.2-0.25-0.10.170.28-0.36-0.09-0.170.380.11-0.05-0.26-0.37-0.14-0.230.35-0.28-0.22-0.08-0.33
0.34-0.12-0.090.270.230.290.520.050.06-0.290.42-0.240.120.06-0.140.210.330.360.140.990.110.22-0.220.810.3
-0.09-0.3-0.28-0.16-0.18-0.120.53-0.22-0.01-0.29-0.01-0.1-0.050.34-0.27-0.13-0.08-0.03-0.130.830.47-0.08-0.080.81-0.09
0.940.230.260.940.770.92-0.160.460.160.170.92-0.440.35-0.580.280.680.940.90.40.26-0.650.4-0.330.3-0.09
Click cells to compare fundamentals

Franco Nevada Account Relationship Matchups

Franco Nevada fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.6B6.2B6.6B6.0B4.3B
Other Current Liab46.6M49.7M34.7M43.2M33.5M31.1M
Total Current Liabilities53.4M53.2M43.2M50.2M39.0M36.6M
Total Stockholder Equity5.1B5.4B6.0B6.4B5.7B4.2B
Other Liab85M95.9M141.5M159M182.9M192.0M
Net Tangible Assets5.1B5.4B6.0B6.4B7.4B4.2B
Net Debt(49.5M)(529.8M)(533.2M)(1.2B)(562.8M)(590.9M)
Retained Earnings(164.4M)(34.4M)484.9M940.4M211.2M221.8M
Accounts Payable6.8M3.5M8.5M7M5.5M6.4M
Cash132.1M534.2M539.3M1.2B568.5M476.5M
Non Current Assets Total5.0B4.9B5.5B5.2B4.4B3.6B
Other Assets43.3M88.4M66.2M82.3M1.00.95
Cash And Short Term Investments132.1M534.2M539.3M1.2B1.4B1.5B
Net Receivables97.8M93.4M159.5M135.7M110.4M83.3M
Common Stock Total Equity5.1B5.2B5.4B5.6B6.4B4.1B
Common Stock Shares Outstanding188M190.7M191.5M191.9M192M169.9M
Short Term Investments13.4M10.5M9.6M654.8M846.1M888.5M
Liabilities And Stockholders Equity5.3B5.6B6.2B6.6B6.0B4.3B
Non Current Liabilities Total165M95.9M141.5M159M184.8M131.6M
Inventory5.4M4.4M500K100K497.4K472.6K
Other Current Assets26.9M19.2M33.3M28.7M80.9M84.9M
Total Liab218.4M149.1M184.7M209.2M223.8M168.3M
Long Term Investments145.6M238.4M235.1M224.6M246.4M153.2M
Total Current Assets278.7M663.7M751.4M1.4B1.6B1.7B
Accumulated Other Comprehensive Income(178.3M)(115.9M)(104.3M)(233.7M)(191.0M)(181.5M)
Common Stock5.4B5.6B5.6B5.7B5.7B4.3B
Property Plant Equipment4.8B4.6B5.2B4.9B5.7B3.4B
Property Plant And Equipment Net4.8B4.6B5.2B4.9B4.0B3.6B
Property Plant And Equipment Gross4.8B4.6B8.5B8.5B7.9B4.3B
Short Long Term Debt Total82.6M4.4M6.1M6.0M5.7M5.4M
Net Invested Capital5.1B5.4B6.0B6.4B5.8B6.0B

Pair Trading with Franco Nevada

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

Moving together with Franco Stock

  0.94AA Alcoa Corp Financial Report 17th of July 2024 PairCorr
  0.74OR Osisko Gold RoPairCorr
  0.84TX Ternium SA ADRPairCorr

Moving against Franco Stock

  0.83X United States SteelPairCorr
  0.7PKX POSCO Holdings Earnings Call This WeekPairCorr
  0.56PFH Prudential Financial 4125PairCorr
  0.55ZEUS Olympic SteelPairCorr
  0.53PRS Prudential FinancialPairCorr
The ability to find closely correlated positions to Franco Nevada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franco Nevada 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 Franco Nevada - 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 Franco Nevada to buy it.
The correlation of Franco Nevada 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 Franco Nevada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franco Nevada 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 Franco Nevada 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
When determining whether Franco Nevada is a strong investment it is important to analyze Franco Nevada's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franco Nevada's future performance. For an informed investment choice regarding Franco Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Franco Stock please use our How to Invest in Franco Nevada guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Franco Stock analysis

When running Franco Nevada's price analysis, check to measure Franco Nevada'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 Franco Nevada is operating at the current time. Most of Franco Nevada's value examination focuses on studying past and present price action to predict the probability of Franco Nevada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franco Nevada's price. Additionally, you may evaluate how the addition of Franco Nevada to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Equity Valuation
Check real value of public entities based on technical and fundamental data
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Is Franco Nevada's industry 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 Franco Nevada. If investors know Franco 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 Franco Nevada 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
(0.07)
Dividend Share
1.38
Earnings Share
(2.51)
Revenue Per Share
6.234
Quarterly Revenue Growth
(0.07)
The market value of Franco Nevada is measured differently than its book value, which is the value of Franco that is recorded on the company's balance sheet. Investors also form their own opinion of Franco Nevada's value that differs from its market value or its book value, called intrinsic value, which is Franco Nevada'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 Franco Nevada's market value can be influenced by many factors that don't directly affect Franco Nevada'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 Franco Nevada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franco Nevada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franco Nevada'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.