Franklin Property Plant And Equipment Net vs Net Debt Analysis
BEN Stock | USD 23.38 0.41 1.78% |
Franklin Resources financial indicator trend analysis is much more than just examining Franklin Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Resources is a good investment. Please check the relationship between Franklin Resources Property Plant And Equipment Net and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.
Property Plant And Equipment Net vs Net Debt
Property Plant And Equipment Net vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Resources Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Franklin Resources' Property Plant And Equipment Net and Net Debt is 0.79. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt in the same time period over historical financial statements of Franklin Resources, assuming nothing else is changed. The correlation between historical values of Franklin Resources' Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Franklin Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Franklin Resources' Property Plant And Equipment Net and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Franklin Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Resources 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.At this time, Franklin Resources' Selling General Administrative is very stable compared to the past year. As of the 4th of May 2024, Tax Provision is likely to grow to about 500.3 M, while Issuance Of Capital Stock is likely to drop about 25.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.3B | 4.4B | 5.0B | 2.6B | Total Revenue | 8.3B | 7.8B | 9.0B | 9.5B |
Franklin Resources fundamental ratios Correlations
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Franklin Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franklin Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.2B | 24.2B | 28.1B | 30.1B | 34.6B | 36.4B | |
Short Long Term Debt Total | 5.0B | 7.6B | 9.4B | 11.8B | 13.5B | 14.2B | |
Total Stockholder Equity | 10.1B | 11.2B | 11.5B | 11.9B | 13.7B | 14.4B | |
Net Debt | 1.0B | 2.9B | 4.6B | 7.4B | 6.6B | 6.9B | |
Retained Earnings | 10.5B | 11.6B | 12.0B | 12.4B | 14.2B | 14.9B | |
Other Assets | 319.5M | 22.7B | 8.9B | 13.0B | 14.9B | 15.7B | |
Common Stock Shares Outstanding | 491.9M | 490.6M | 489.3M | 490.8M | 441.7M | 542.4M | |
Liabilities And Stockholders Equity | 20.2B | 24.2B | 28.1B | 30.1B | 34.6B | 36.4B | |
Non Current Liabilities Total | 7.1B | 9.7B | 12.6B | 15.2B | 17.4B | 18.3B | |
Other Stockholder Equity | 859.7M | 587M | (621M) | (509.3M) | (585.7M) | (556.4M) | |
Total Liab | 8.7B | 11.4B | 14.2B | 16.5B | 19.0B | 20.0B | |
Total Current Liabilities | 1.6B | 1.7B | 1.6B | 1.4B | 1.6B | 1.0B | |
Property Plant And Equipment Net | 1.3B | 1.2B | 1.2B | 1.2B | 1.4B | 1.5B | |
Accounts Payable | 793.8M | 1.0B | 1.1B | 879.7M | 1.0B | 1.1B | |
Cash | 4.0B | 4.6B | 4.8B | 4.4B | 5.1B | 3.7B | |
Non Current Assets Total | 15.1B | 18.1B | 22.0B | 24.4B | 28.0B | 29.4B | |
Non Currrent Assets Other | 275.4M | 244.4M | 292.6M | 266.9M | 306.9M | 251.4M | |
Cash And Short Term Investments | 4.0B | 4.6B | 4.8B | 4.4B | 5.1B | 4.2B | |
Net Receivables | 1.2B | 1.4B | 1.3B | 1.3B | 1.6B | 1.6B | |
Other Current Assets | (5.2B) | (6.1B) | (6.0B) | (5.8B) | (5.2B) | (4.9B) | |
Property Plant And Equipment Gross | 1.3B | 2.4B | 2.2B | 2.2B | 2.5B | 2.6B | |
Total Current Assets | 5.2B | 6.1B | 6.0B | 5.8B | 6.6B | 5.1B | |
Short Term Investments | 589.7M | 504.8M | 588.3M | 1.7B | 1.9B | 1.1B | |
Other Current Liab | 846.5M | 693.6M | (5.3M) | 513.5M | 590.5M | 373.1M | |
Short Term Debt | 621M | 518.4M | 528.4M | 467.8M | 538.0M | 269.4M | |
Intangible Assets | 4.9B | 4.7B | 5.1B | 4.9B | 5.6B | 5.9B | |
Good Will | 4.5B | 4.5B | 5.8B | 6.0B | 6.9B | 7.2B | |
Common Stock Total Equity | 49.9M | 49.5M | 50.2M | 50M | 57.5M | 36.0M | |
Accumulated Other Comprehensive Income | (407.6M) | (377.6M) | (621M) | (509.3M) | (458.4M) | (435.5M) | |
Common Stock | 49.5M | 50.2M | 50M | 49.6M | 57.0M | 36.7M | |
Other Liab | 2.0B | 4.3B | 7.2B | 9.9B | 11.4B | 12.0B | |
Long Term Debt | 3.0B | 3.4B | 3.4B | 11.3B | 13.0B | 13.6B | |
Property Plant Equipment | 813.8M | 770M | 1.2B | 1.2B | 1.4B | 1.5B | |
Net Tangible Assets | 1.2B | 1.6B | 559.2M | 1.0B | 909.8M | 864.3M | |
Noncontrolling Interest In Consolidated Entity | 717.7M | 859.3M | 587.2M | 824.3M | 947.9M | 525.0M | |
Retained Earnings Total Equity | 10.3B | 10.5B | 11.6B | 12.0B | 13.9B | 10.6B | |
Deferred Long Term Liab | 120.1M | 305.3M | 311.7M | 347.8M | 400.0M | 240.8M |
Franklin Resources Investors Sentiment
The influence of Franklin Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Franklin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Franklin Resources' public news can be used to forecast risks associated with an investment in Franklin. The trend in average sentiment can be used to explain how an investor holding Franklin can time the market purely based on public headlines and social activities around Franklin Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Franklin Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Franklin Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Franklin Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Franklin Resources.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Franklin Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Franklin Resources' short interest history, or implied volatility extrapolated from Franklin Resources options trading.
Pair Trading with Franklin Resources
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 Franklin Resources 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 Franklin Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Franklin Stock
0.67 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
Moving against Franklin Stock
0.62 | EMLD | FTAC Emerald Acquisition | PairCorr |
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0.51 | GAQ | Generation Asia I | PairCorr |
0.5 | ALSA | Alpha Star Acquisition | PairCorr |
0.49 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to Franklin Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Resources 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 Franklin Resources - 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 Franklin Resources to buy it.
The correlation of Franklin Resources 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 Franklin Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Resources 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 Franklin Resources 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.Note that the Franklin Resources information on this page should be used as a complementary analysis to other Franklin Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Franklin Stock analysis
When running Franklin Resources' price analysis, check to measure Franklin Resources' 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 Franklin Resources is operating at the current time. Most of Franklin Resources' value examination focuses on studying past and present price action to predict the probability of Franklin Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Resources' price. Additionally, you may evaluate how the addition of Franklin Resources to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Resources' 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 Franklin Resources. If investors know Franklin 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 Franklin Resources 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 (0.40) | Dividend Share 1.22 | Earnings Share 1.73 | Revenue Per Share 16.32 | Quarterly Revenue Growth 0.117 |
The market value of Franklin Resources is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' 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 Franklin Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' 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 Franklin Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' 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.