Frontline Cash vs Total Current Liabilities Analysis
FRO Stock | USD 28.65 0.55 1.96% |
Frontline financial indicator trend analysis is much more than just examining Frontline latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontline is a good investment. Please check the relationship between Frontline Cash and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontline Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Frontline's Cash and Total Current Liabilities is 0.39. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Frontline, assuming nothing else is changed. The correlation between historical values of Frontline's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Frontline are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Frontline's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Frontline, which is listed under current asset account on Frontline balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Frontline customers. The amounts must be unrestricted with restricted cash listed in a different Frontline account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Current Liabilities
Total Current Liabilities is an item on Frontline balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Frontline 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.Most indicators from Frontline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontline 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 Frontline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.At this time, Frontline's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Enterprise Value Over EBITDA is likely to grow to 14.17, while Discontinued Operations is likely to drop (123.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 30.6M | 481M | 761.4M | 428.0M | Total Revenue | 749.4M | 1.4B | 1.8B | 1.9B |
Frontline fundamental ratios Correlations
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Frontline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Frontline fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.7B | 3.9B | 4.1B | 4.8B | 5.9B | 3.0B | |
Short Long Term Debt Total | 2.1B | 2.2B | 2.4B | 2.4B | 3.5B | 1.9B | |
Other Current Liab | 102.8M | 88.4M | 89.2M | 132.3M | 138.2M | 81.7M | |
Total Current Liabilities | 848.1M | 281.4M | 292.7M | 391.7M | 409.1M | 319.0M | |
Total Stockholder Equity | 1.5B | 1.6B | 1.7B | 2.3B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 3.1B | 3.4B | 3.7B | 3.7B | 4.6B | 2.4B | |
Net Debt | 1.9B | 2.0B | 2.3B | 2.1B | 3.2B | 1.8B | |
Retained Earnings | (174.8M) | 8.0M | (3.1M) | 436.2M | 446.0M | 468.3M | |
Accounts Payable | 13.0M | 7.9M | 2.3M | 4K | 7.8M | 10.3M | |
Cash | 174.2M | 174.7M | 113.1M | 254.5M | 308.3M | 323.7M | |
Non Current Assets Total | 3.2B | 3.5B | 3.8B | 3.9B | 5.2B | 5.4B | |
Non Currrent Assets Other | 9.4M | 7.2M | 12.7M | 56.9M | 355.5M | 373.3M | |
Cash And Short Term Investments | 175.3M | 177.4M | 115.5M | 490.8M | 315.8M | 158.7M | |
Net Receivables | 104.3M | 77.2M | 85.2M | 1K | 143.9M | 151.1M | |
Common Stock Shares Outstanding | 179.3M | 197.8M | 199.0M | 214.0M | 222.6M | 233.8M | |
Liabilities And Stockholders Equity | 3.7B | 3.9B | 4.1B | 4.8B | 5.9B | 3.0B | |
Non Current Liabilities Total | 1.3B | 2.0B | 2.2B | 2.1B | 3.2B | 1.7B | |
Inventory | 138.0M | 92.6M | 119.3M | 80.8M | 245.2M | 257.5M | |
Other Current Assets | 260.1M | 180.2M | 217.2M | 390.2M | 23.0M | 21.9M | |
Other Stockholder Equity | 1.5B | 1.4B | 1.5B | 1.6B | 604.7M | 722.9M | |
Total Liab | 2.2B | 2.3B | 2.5B | 2.5B | 3.6B | 2.0B | |
Property Plant And Equipment Gross | 3.1B | 3.4B | 3.7B | 3.7B | 5.6B | 5.9B | |
Total Current Assets | 448.5M | 378.3M | 332.7M | 881.1M | 727.9M | 485.6M | |
Accumulated Other Comprehensive Income | 330K | 200K | 228K | 454K | 1.0B | 1.1B | |
Short Term Debt | 727.3M | 179.4M | 198.0M | 259.4M | 263.1M | 220.9M | |
Short Term Investments | 1.1M | 2.6M | 2.4M | 236.3M | 7.4M | 7.1M | |
Common Stock | 196.9M | 197.7M | 203.5M | 222.6M | 256.0M | 208.4M | |
Current Deferred Revenue | 304K | 5.0M | 5.7M | 3.1M | 2.8M | 2.7M | |
Net Tangible Assets | 1.4B | 1.5B | 1.5B | 2.2B | 2.5B | 1.5B | |
Other Assets | 75.4M | 8.6M | 14.1M | 2.9M | 1.0 | 0.95 | |
Long Term Debt | 1.3B | 2.0B | 2.1B | 2.1B | 3.2B | 1.6B | |
Long Term Investments | 15.7M | 1.3M | 555K | 16.3M | 12.4M | 20.1M | |
Short Long Term Debt | 439.0M | 167.1M | 189.3M | 258.4M | 262.0M | 231.1M | |
Property Plant Equipment | 3.1B | 3.4B | 3.7B | 3.7B | 4.3B | 2.8B | |
Other Liab | 1.1M | 3.7M | 992K | 2.1M | 1.8M | 1.8M | |
Long Term Debt Total | 1.7B | 1.3B | 2.0B | 2.2B | 2.5B | 1.6B | |
Capital Surpluse | 1.3B | 1.5B | 1.4B | 1.5B | 1.7B | 1.3B |
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Is Frontline'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 Frontline. If investors know Frontline 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 Frontline 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 (0.51) | Dividend Share 2.17 | Earnings Share 2.95 | Revenue Per Share 8.095 | Quarterly Revenue Growth (0.22) |
The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline'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 Frontline's market value can be influenced by many factors that don't directly affect Frontline'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 Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline'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.