Franco Total Current Liabilities vs Other Current Liab Analysis

FNV Stock  CAD 160.40  0.91  0.57%   
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 Total Current Liabilities and its Other Current Liab 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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franco Nevada Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Franco Nevada's Total Current Liabilities and Other Current Liab is 0.86. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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 Total Current Liabilities and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Franco Nevada are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Franco Nevada's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Franco Nevada balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Franco Nevada are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Liab

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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.As of the 15th of June 2024, Enterprise Value is likely to grow to about 20.8 B, while Selling General Administrative is likely to drop about 22 M.
 2021 2022 2023 2024 (projected)
Interest Expense300K100K90K85.5K
Depreciation And Amortization230.6M295M339.3M196.8M

Franco Nevada fundamental ratios Correlations

0.580.451.0-0.320.560.350.96-0.040.320.570.960.940.280.46-0.290.340.390.960.950.93-0.070.730.910.82-0.1
0.580.860.59-0.550.470.510.43-0.320.520.690.530.49-0.080.170.00.030.550.540.410.51-0.440.510.560.6-0.29
0.450.860.47-0.480.310.380.33-0.360.420.690.40.44-0.210.080.11-0.090.440.40.330.32-0.20.260.290.32-0.29
1.00.590.47-0.360.570.370.95-0.060.340.570.960.940.20.44-0.280.270.40.960.940.92-0.060.730.910.81-0.17
-0.32-0.55-0.48-0.36-0.63-0.93-0.060.46-0.93-0.52-0.26-0.20.46-0.1-0.180.41-0.92-0.29-0.04-0.370.28-0.58-0.42-0.390.51
0.560.470.310.57-0.630.60.42-0.230.590.670.360.30.010.0-0.10.050.610.390.40.740.010.750.640.65-0.22
0.350.510.380.37-0.930.60.1-0.41.00.480.320.26-0.170.250.11-0.131.00.370.090.42-0.370.710.480.46-0.28
0.960.430.330.95-0.060.420.10.090.070.420.930.930.370.4-0.360.420.140.931.00.850.020.630.830.74-0.02
-0.04-0.32-0.36-0.060.46-0.23-0.40.09-0.42-0.55-0.010.00.28-0.05-0.10.24-0.41-0.020.1-0.060.18-0.12-0.05-0.01-0.07
0.320.520.420.34-0.930.591.00.07-0.420.490.290.24-0.190.220.12-0.141.00.330.060.39-0.380.680.440.43-0.28
0.570.690.690.57-0.520.670.480.42-0.550.490.440.420.010.220.030.10.520.450.410.640.010.520.50.57-0.07
0.960.530.40.96-0.260.360.320.93-0.010.290.440.970.280.54-0.270.330.361.00.930.85-0.10.690.890.78-0.11
0.940.490.440.94-0.20.30.260.930.00.240.420.970.310.6-0.370.370.30.960.940.79-0.090.610.790.69-0.04
0.28-0.08-0.210.20.460.01-0.170.370.28-0.190.010.280.310.41-0.230.99-0.150.280.380.29-0.070.170.190.270.83
0.460.170.080.44-0.10.00.250.4-0.050.220.220.540.60.41-0.480.430.270.540.410.44-0.080.310.40.330.27
-0.290.00.11-0.28-0.18-0.10.11-0.36-0.10.120.03-0.27-0.37-0.23-0.48-0.220.08-0.27-0.36-0.290.14-0.25-0.31-0.28-0.08
0.340.03-0.090.270.410.05-0.130.420.24-0.140.10.330.370.990.43-0.22-0.10.330.430.34-0.10.210.230.310.8
0.390.550.440.4-0.920.611.00.14-0.411.00.520.360.3-0.150.270.08-0.10.40.140.45-0.370.730.50.48-0.27
0.960.540.40.96-0.290.390.370.93-0.020.330.451.00.960.280.54-0.270.330.40.920.86-0.110.730.90.79-0.11
0.950.410.330.94-0.040.40.091.00.10.060.410.930.940.380.41-0.360.430.140.920.840.020.620.810.72-0.01
0.930.510.320.92-0.370.740.420.85-0.060.390.640.850.790.290.44-0.290.340.450.860.840.070.820.930.84-0.1
-0.07-0.44-0.2-0.060.280.01-0.370.020.18-0.380.01-0.1-0.09-0.07-0.080.14-0.1-0.37-0.110.020.07-0.21-0.11-0.29-0.06
0.730.510.260.73-0.580.750.710.63-0.120.680.520.690.610.170.31-0.250.210.730.730.620.82-0.210.880.81-0.21
0.910.560.290.91-0.420.640.480.83-0.050.440.50.890.790.190.4-0.310.230.50.90.810.93-0.110.880.9-0.23
0.820.60.320.81-0.390.650.460.74-0.010.430.570.780.690.270.33-0.280.310.480.790.720.84-0.290.810.9-0.12
-0.1-0.29-0.29-0.170.51-0.22-0.28-0.02-0.07-0.28-0.07-0.11-0.040.830.27-0.080.8-0.27-0.11-0.01-0.1-0.06-0.21-0.23-0.12
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Franco Nevada Account Relationship Matchups

Franco Nevada fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.6B6.2B6.6B6.0B4.3B
Other Current Liab46.6M49.7M34.7M43.2M49.7M27.3M
Total Current Liabilities53.4M53.2M43.2M50.2M39.2M36.7M
Total Stockholder Equity5.1B5.4B6.0B6.4B5.8B4.2B
Net Debt(49.5M)(534.2M)(539.3M)(1.2B)(1.1B)(1.0B)
Retained Earnings(164.4M)(34.4M)484.9M940.4M212.3M222.9M
Cash132.1M534.2M539.3M1.2B1.4B1.5B
Non Current Assets Total5.0B4.9B5.5B5.2B4.4B3.6B
Non Currrent Assets Other39.5M6.2M17.6M45M1.1M1.0M
Cash And Short Term Investments132.1M534.2M539.3M1.2B1.4B1.4B
Net Receivables97.8M93.4M159.5M135.7M111M74.2M
Common Stock Total Equity5.1B5.2B5.4B5.6B6.4B4.5B
Common Stock Shares Outstanding187.1M189.8M191.5M191.9M192.2M169.8M
Liabilities And Stockholders Equity5.3B5.6B6.2B6.6B7.6B4.2B
Non Current Liabilities Total165M95.9M141.5M159M185.8M131.7M
Other Current Assets33.3M26.9M19.2M28.7M51.9M28.0M
Total Liab218.4M149.1M184.7M209.2M225M168.3M
Total Current Assets278.7M663.7M751.4M1.4B1.6B1.7B
Accumulated Other Comprehensive Income(178.3M)(115.9M)(104.3M)(233.7M)(210.3M)(199.8M)
Common Stock5.4B5.6B5.6B5.7B6.5B4.8B
Property Plant And Equipment Net4.8B4.6B5.2B4.9B4.0B3.6B
Property Plant And Equipment Gross4.8B4.6B8.5B8.5B7.9B4.3B
Accounts Payable6.8M3.5M8.5M7M5.5M5.3M
Other Liab85M95.9M141.5M159M182.9M192.0M
Net Tangible Assets5.1B5.4B6.0B6.4B7.4B5.1B
Other Assets43.3M88.4M66.2M84.9M97.6M50.8M
Long Term Investments145.6M238.4M235.1M224.6M246.4M181.0M
Property Plant Equipment4.8B4.6B5.2B4.9B5.7B4.4B
Inventory7.1M0.04.4M500K100K475K
Cash And Equivalents13.4M10.5M9.6M655.1M753.4M791.0M
Net Invested Capital5.1B5.4B6.0B6.4B5.8B6.0B
Net Working Capital225.3M610.5M708.2M1.3B1.6B817.2M
Capital Stock5.4B5.6B5.6B5.7B5.7B6.1B

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Additional Information and Resources on Investing in Franco Stock

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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.