Franco Retained Earnings vs Other Stockholder Equity Analysis

FNV Stock

USD 117.56 6.76 5.44%

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 Retained Earnings and its Other Stockholder Equity 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 closely tied 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.

Retained Earnings vs Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franco Nevada Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Franco Nevada's Retained Earnings and Other Stockholder Equity is -0.1. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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 Retained Earnings and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Franco Nevada are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Franco Nevada's Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Stockholder Equity

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 closely tied 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 Expense	300K	100K	3.0M	2.9M
Depreciation And Amortization	230.6M	295M	278.1M	203.2M

Interest Expense Depreciation And Amortization

Franco Nevada fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments
Total Assets		0.41	0.45	1.0	0.78	0.97	-0.26	0.55	0.27	0.3	0.96	-0.57	0.5	-0.44	0.32	0.84	0.96	0.94	0.4	0.28	-0.52	0.39	-0.29	0.34	-0.09	0.94
Other Current Liab	0.41		0.99	0.43	0.32	0.43	-0.54	0.32	0.03	0.54	0.28	-0.51	0.54	0.03	0.42	0.6	0.35	0.38	0.18	-0.24	-0.05	0.22	0.1	-0.12	-0.3	0.23
Total Current Liabilities	0.45	0.99		0.47	0.33	0.48	-0.54	0.31	0.16	0.55	0.33	-0.59	0.55	0.05	0.41	0.66	0.4	0.44	0.17	-0.21	-0.02	0.22	0.11	-0.09	-0.28	0.26
Total Stockholder Equity	1.0	0.43	0.47		0.78	0.97	-0.31	0.57	0.27	0.34	0.95	-0.57	0.5	-0.46	0.34	0.85	0.96	0.94	0.4	0.2	-0.55	0.38	-0.27	0.27	-0.16	0.94
Other Liab	0.78	0.32	0.33	0.78		0.79	-0.37	0.72	0.08	0.34	0.67	-0.34	0.08	-0.49	0.7	0.7	0.7	0.67	0.82	0.19	-0.62	0.79	-0.23	0.23	-0.18	0.77
Net Tangible Assets	0.97	0.43	0.48	0.97	0.79		-0.32	0.49	0.26	0.36	0.87	-0.65	0.37	-0.35	0.45	0.83	0.97	0.93	0.48	0.23	-0.44	0.5	-0.2	0.29	-0.12	0.92
Net Debt	-0.26	-0.54	-0.54	-0.31	-0.37	-0.32		-0.6	-0.02	-0.95	-0.02	0.29	-0.26	-0.09	-0.76	-0.49	-0.14	-0.13	-0.41	0.57	0.07	-0.21	-0.25	0.52	0.53	-0.16
Retained Earnings	0.55	0.32	0.31	0.57	0.72	0.49	-0.6		0.05	0.6	0.42	0.01	0.33	-0.4	0.59	0.66	0.34	0.29	0.62	0.01	-0.52	0.36	-0.1	0.05	-0.22	0.46
Accounts Payable	0.27	0.03	0.16	0.27	0.08	0.26	-0.02	0.05		0.05	0.3	-0.46	0.06	-0.04	-0.06	0.41	0.27	0.33	-0.07	0.04	0.02	-0.07	0.17	0.06	-0.01	0.16
Cash	0.3	0.54	0.55	0.34	0.34	0.36	-0.95	0.6	0.05		0.06	-0.4	0.37	0.25	0.72	0.55	0.18	0.17	0.38	-0.35	0.09	0.17	0.28	-0.29	-0.29	0.17
Non Current Assets Total	0.96	0.28	0.33	0.95	0.67	0.87	-0.02	0.42	0.3	0.06		-0.5	0.51	-0.52	0.07	0.73	0.93	0.94	0.23	0.37	-0.56	0.27	-0.36	0.42	-0.01	0.92
Non Currrent Assets Other	-0.57	-0.51	-0.59	-0.57	-0.34	-0.65	0.29	0.01	-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
Other Assets	0.5	0.54	0.55	0.5	0.08	0.37	-0.26	0.33	0.06	0.37	0.51	-0.36		-0.01	-0.13	0.56	0.38	0.45	-0.26	0.05	-0.06	-0.26	-0.17	0.12	-0.05	0.35
Long Term Debt	-0.44	0.03	0.05	-0.46	-0.49	-0.35	-0.09	-0.4	-0.04	0.25	-0.52	-0.31	-0.01		0.02	-0.15	-0.42	-0.35	-0.3	0.06	0.97	-0.18	0.38	0.06	0.34	-0.58
Cash And Short Term Investments	0.32	0.42	0.41	0.34	0.7	0.45	-0.76	0.59	-0.06	0.72	0.07	-0.34	-0.13	0.02		0.45	0.26	0.23	0.85	-0.19	-0.14	0.72	0.11	-0.14	-0.27	0.28
Net Receivables	0.84	0.6	0.66	0.85	0.7	0.83	-0.49	0.66	0.41	0.55	0.73	-0.64	0.56	-0.15	0.45		0.74	0.74	0.33	0.12	-0.26	0.38	-0.05	0.21	-0.13	0.68
Common Stock Total Equity	0.96	0.35	0.4	0.96	0.7	0.97	-0.14	0.34	0.27	0.18	0.93	-0.62	0.38	-0.42	0.26	0.74		0.96	0.34	0.27	-0.48	0.4	-0.26	0.33	-0.08	0.94
Common Stock Shares Outstanding	0.94	0.38	0.44	0.94	0.67	0.93	-0.13	0.29	0.33	0.17	0.94	-0.71	0.45	-0.35	0.23	0.74	0.96		0.3	0.3	-0.4	0.41	-0.37	0.36	-0.03	0.9
Short Term Investments	0.4	0.18	0.17	0.4	0.82	0.48	-0.41	0.62	-0.07	0.38	0.23	-0.13	-0.26	-0.3	0.85	0.33	0.34	0.3		0.11	-0.41	0.81	-0.14	0.14	-0.13	0.4
Non Current Liabilities Total	0.28	-0.24	-0.21	0.2	0.19	0.23	0.57	0.01	0.04	-0.35	0.37	-0.16	0.05	0.06	-0.19	0.12	0.27	0.3	0.11		0.11	0.19	-0.23	0.99	0.83	0.26
Inventory	-0.52	-0.05	-0.02	-0.55	-0.62	-0.44	0.07	-0.52	0.02	0.09	-0.56	-0.26	-0.06	0.97	-0.14	-0.26	-0.48	-0.4	-0.41	0.11		-0.3	0.35	0.11	0.47	-0.65
Other Current Assets	0.39	0.22	0.22	0.38	0.79	0.5	-0.21	0.36	-0.07	0.17	0.27	-0.29	-0.26	-0.18	0.72	0.38	0.4	0.41	0.81	0.19	-0.3		-0.28	0.22	-0.08	0.4
Other Stockholder Equity	-0.29	0.1	0.11	-0.27	-0.23	-0.2	-0.25	-0.1	0.17	0.28	-0.36	-0.09	-0.17	0.38	0.11	-0.05	-0.26	-0.37	-0.14	-0.23	0.35	-0.28		-0.22	-0.08	-0.33
Total Liab	0.34	-0.12	-0.09	0.27	0.23	0.29	0.52	0.05	0.06	-0.29	0.42	-0.24	0.12	0.06	-0.14	0.21	0.33	0.36	0.14	0.99	0.11	0.22	-0.22		0.81	0.3
Deferred Long Term Liab	-0.09	-0.3	-0.28	-0.16	-0.18	-0.12	0.53	-0.22	-0.01	-0.29	-0.01	-0.1	-0.05	0.34	-0.27	-0.13	-0.08	-0.03	-0.13	0.83	0.47	-0.08	-0.08	0.81		-0.09
Long Term Investments	0.94	0.23	0.26	0.94	0.77	0.92	-0.16	0.46	0.16	0.17	0.92	-0.44	0.35	-0.58	0.28	0.68	0.94	0.9	0.4	0.26	-0.65	0.4	-0.33	0.3	-0.09

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Franco Nevada Account Relationship Matchups

Franco Nevada fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3B	5.6B	6.2B	6.6B	6.0B	4.3B
Other Current Liab	46.6M	49.7M	34.7M	43.2M	33.5M	31.1M
Total Current Liabilities	53.4M	53.2M	43.2M	50.2M	39.0M	36.6M
Total Stockholder Equity	5.1B	5.4B	6.0B	6.4B	5.7B	4.2B
Other Liab	85M	95.9M	141.5M	159M	182.9M	192.0M
Net Tangible Assets	5.1B	5.4B	6.0B	6.4B	7.4B	4.2B
Net Debt	(49.5M)	(529.8M)	(533.2M)	(1.2B)	(562.8M)	(590.9M)
Retained Earnings	(164.4M)	(34.4M)	484.9M	940.4M	211.2M	221.8M
Accounts Payable	6.8M	3.5M	8.5M	7M	5.5M	6.4M
Cash	132.1M	534.2M	539.3M	1.2B	568.5M	476.5M
Non Current Assets Total	5.0B	4.9B	5.5B	5.2B	4.4B	3.6B
Other Assets	43.3M	88.4M	66.2M	82.3M	1.0	0.95
Cash And Short Term Investments	132.1M	534.2M	539.3M	1.2B	1.4B	1.5B
Net Receivables	97.8M	93.4M	159.5M	135.7M	110.4M	83.3M
Common Stock Total Equity	5.1B	5.2B	5.4B	5.6B	6.4B	4.1B
Common Stock Shares Outstanding	188M	190.7M	191.5M	191.9M	192M	169.9M
Short Term Investments	13.4M	10.5M	9.6M	654.8M	846.1M	888.5M
Liabilities And Stockholders Equity	5.3B	5.6B	6.2B	6.6B	6.0B	4.3B
Non Current Liabilities Total	165M	95.9M	141.5M	159M	184.8M	131.6M
Inventory	5.4M	4.4M	500K	100K	497.4K	472.6K
Other Current Assets	26.9M	19.2M	33.3M	28.7M	80.9M	84.9M
Total Liab	218.4M	149.1M	184.7M	209.2M	223.8M	168.3M
Long Term Investments	145.6M	238.4M	235.1M	224.6M	246.4M	153.2M
Total Current Assets	278.7M	663.7M	751.4M	1.4B	1.6B	1.7B
Accumulated Other Comprehensive Income	(178.3M)	(115.9M)	(104.3M)	(233.7M)	(191.0M)	(181.5M)
Common Stock	5.4B	5.6B	5.6B	5.7B	5.7B	4.3B
Property Plant Equipment	4.8B	4.6B	5.2B	4.9B	5.7B	3.4B
Property Plant And Equipment Net	4.8B	4.6B	5.2B	4.9B	4.0B	3.6B
Property Plant And Equipment Gross	4.8B	4.6B	8.5B	8.5B	7.9B	4.3B
Short Long Term Debt Total	82.6M	4.4M	6.1M	6.0M	5.7M	5.4M
Net Invested Capital	5.1B	5.4B	6.0B	6.4B	5.8B	6.0B

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

0.77	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.91	AEM	Agnico Eagle Mines	Pair Corr
0.82	KGC	Kinross Gold	Pair Corr

Moving against Franco Stock

0.68	CF	CF Industries Holdings	Pair Corr
0.66	X	United States Steel Sell-off Trend	Pair Corr
0.58	RS	Reliance Steel Aluminum	Pair Corr
0.48	NUE	Nucor Corp	Pair Corr
0.36	NX	Quanex Building Products Fiscal Year End 12th of December 2024	Pair Corr

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 Correlation Correlation Matching

Additional 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.

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