Frontline Discontinued Operations vs Tax Provision Analysis

FRO Stock

USD 24.74 0.17 0.69%

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 Discontinued Operations and its Tax Provision 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.

Discontinued Operations vs Tax Provision

Discontinued Operations vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontline Discontinued Operations account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Frontline's Discontinued Operations and Tax Provision is -0.24. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Frontline, assuming nothing else is changed. The correlation between historical values of Frontline's Discontinued Operations and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Frontline are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Discontinued Operations i.e., Frontline's Discontinued Operations and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Discontinued Operations

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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 3rd 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

Gross Profit Total Revenue

Frontline fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Good Will	Common Stock Total Equity	Short Term Investments
Total Assets		0.94	0.73	0.54	0.88	0.99	0.93	0.68	0.09	0.68	0.88	0.46	0.72	0.5	0.82	0.91	0.6	0.29	0.62	0.94	0.85	0.79	0.45	-0.2	0.17	0.35
Short Long Term Debt Total	0.94		0.81	0.53	0.75	0.94	1.0	0.5	0.17	0.62	0.85	0.53	0.59	0.57	0.72	0.98	0.72	0.17	0.51	1.0	0.84	0.75	0.42	-0.08	0.03	0.22
Other Current Liab	0.73	0.81		0.63	0.53	0.68	0.78	0.32	-0.12	0.63	0.62	0.41	0.7	0.34	0.51	0.75	0.55	0.29	0.34	0.82	0.61	0.84	0.5	0.14	0.07	0.41
Total Current Liabilities	0.54	0.53	0.63		0.47	0.53	0.52	0.21	0.16	0.39	0.49	0.2	0.37	0.41	0.55	0.33	0.43	0.33	0.51	0.53	0.46	0.47	0.99	-0.1	0.04	0.14
Total Stockholder Equity	0.88	0.75	0.53	0.47		0.87	0.73	0.88	0.05	0.79	0.95	0.6	0.68	0.55	0.9	0.71	0.64	0.17	0.55	0.75	0.92	0.71	0.41	-0.33	0.26	0.36
Property Plant And Equipment Net	0.99	0.94	0.68	0.53	0.87		0.93	0.66	0.11	0.61	0.88	0.41	0.64	0.5	0.83	0.9	0.58	0.3	0.66	0.93	0.84	0.72	0.45	-0.25	0.14	0.3
Net Debt	0.93	1.0	0.78	0.52	0.73	0.93		0.47	0.2	0.57	0.85	0.52	0.53	0.57	0.72	0.97	0.73	0.16	0.52	0.99	0.83	0.7	0.42	-0.12	-0.03	0.2
Retained Earnings	0.68	0.5	0.32	0.21	0.88	0.66	0.47		-0.18	0.73	0.77	0.62	0.64	0.36	0.65	0.5	0.46	-0.02	0.23	0.5	0.77	0.62	0.17	-0.5	0.29	0.39
Accounts Payable	0.09	0.17	-0.12	0.16	0.05	0.11	0.2	-0.18		-0.07	0.16	0.06	-0.28	0.42	0.11	0.14	0.36	0.0	0.15	0.17	0.15	-0.12	0.17	0.04	0.07	-0.37
Cash	0.68	0.62	0.63	0.39	0.79	0.61	0.57	0.73	-0.07		0.78	0.68	0.77	0.62	0.58	0.6	0.66	-0.04	0.14	0.63	0.78	0.81	0.3	0.13	0.46	0.29
Non Current Assets Total	0.88	0.85	0.62	0.49	0.95	0.88	0.85	0.77	0.16	0.78		0.72	0.56	0.69	0.88	0.82	0.82	0.04	0.49	0.85	0.99	0.69	0.42	-0.26	0.13	0.22
Non Currrent Assets Other	0.46	0.53	0.41	0.2	0.6	0.41	0.52	0.62	0.06	0.68	0.72		0.29	0.66	0.5	0.54	0.87	-0.55	-0.18	0.53	0.79	0.48	0.14	-0.21	-0.01	0.0
Cash And Short Term Investments	0.72	0.59	0.7	0.37	0.68	0.64	0.53	0.64	-0.28	0.77	0.56	0.29		0.1	0.49	0.57	0.24	0.45	0.36	0.6	0.53	0.95	0.27	0.07	0.38	0.75
Net Receivables	0.5	0.57	0.34	0.41	0.55	0.5	0.57	0.36	0.42	0.62	0.69	0.66	0.1		0.53	0.53	0.83	-0.41	0.06	0.57	0.72	0.26	0.36	0.08	0.29	-0.46
Common Stock Shares Outstanding	0.82	0.72	0.51	0.55	0.9	0.83	0.72	0.65	0.11	0.58	0.88	0.5	0.49	0.53		0.65	0.61	0.19	0.69	0.72	0.85	0.55	0.51	-0.33	0.08	0.27
Non Current Liabilities Total	0.91	0.98	0.75	0.33	0.71	0.9	0.97	0.5	0.14	0.6	0.82	0.54	0.57	0.53	0.65		0.69	0.1	0.43	0.97	0.81	0.72	0.22	-0.05	0.03	0.22
Inventory	0.6	0.72	0.55	0.43	0.64	0.58	0.73	0.46	0.36	0.66	0.82	0.87	0.24	0.83	0.61	0.69		-0.34	0.11	0.72	0.86	0.49	0.36	-0.05	0.0	-0.13
Other Current Assets	0.29	0.17	0.29	0.33	0.17	0.3	0.16	-0.02	0.0	-0.04	0.04	-0.55	0.45	-0.41	0.19	0.1	-0.34		0.73	0.17	-0.06	0.35	0.31	0.03	0.09	0.65
Other Stockholder Equity	0.62	0.51	0.34	0.51	0.55	0.66	0.52	0.23	0.15	0.14	0.49	-0.18	0.36	0.06	0.69	0.43	0.11	0.73		0.5	0.4	0.34	0.5	-0.18	-0.13	0.38
Total Liab	0.94	1.0	0.82	0.53	0.75	0.93	0.99	0.5	0.17	0.63	0.85	0.53	0.6	0.57	0.72	0.97	0.72	0.17	0.5		0.84	0.76	0.43	-0.07	0.04	0.23
Property Plant And Equipment Gross	0.85	0.84	0.61	0.46	0.92	0.84	0.83	0.77	0.15	0.78	0.99	0.79	0.53	0.72	0.85	0.81	0.86	-0.06	0.4	0.84		0.67	0.39	-0.28	0.1	0.18
Total Current Assets	0.79	0.75	0.84	0.47	0.71	0.72	0.7	0.62	-0.12	0.81	0.69	0.48	0.95	0.26	0.55	0.72	0.49	0.35	0.34	0.76	0.67		0.35	0.06	0.24	0.68
Short Term Debt	0.45	0.42	0.5	0.99	0.41	0.45	0.42	0.17	0.17	0.3	0.42	0.14	0.27	0.36	0.51	0.22	0.36	0.31	0.5	0.43	0.39	0.35		-0.16	0.01	0.1
Good Will	-0.2	-0.08	0.14	-0.1	-0.33	-0.25	-0.12	-0.5	0.04	0.13	-0.26	-0.21	0.07	0.08	-0.33	-0.05	-0.05	0.03	-0.18	-0.07	-0.28	0.06	-0.16		0.24	-0.15
Common Stock Total Equity	0.17	0.03	0.07	0.04	0.26	0.14	-0.03	0.29	0.07	0.46	0.13	-0.01	0.38	0.29	0.08	0.03	0.0	0.09	-0.13	0.04	0.1	0.24	0.01	0.24		0.0
Short Term Investments	0.35	0.22	0.41	0.14	0.36	0.3	0.2	0.39	-0.37	0.29	0.22	0.0	0.75	-0.46	0.27	0.22	-0.13	0.65	0.38	0.23	0.18	0.68	0.1	-0.15	0.0

Click cells to compare fundamentals

Frontline Account Relationship Matchups

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:

How To Invest In Frontline

Details

Is Frontline Stock a good investment?

Details

What is Frontline's Net Worth?

Details

Largest Oil & Gas Midstream Companies

View

Largest Energy Companies

View

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.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Frontline Stock analysis

When running Frontline's price analysis, check to measure Frontline'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 Frontline is operating at the current time. Most of Frontline's value examination focuses on studying past and present price action to predict the probability of Frontline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontline's price. Additionally, you may evaluate how the addition of Frontline to your portfolios can decrease your overall portfolio volatility.

	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Technical Analysis Check basic technical indicators and analysis based on most latest market data

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Frontline Discontinued Operations vs Tax Provision Analysis

Discontinued Operations vs Tax Provision

Discontinued Operations vs Tax Provision Correlation Analysis

Correlation Coefficient

Discontinued Operations

Tax Provision

Frontline fundamental ratios Correlations

Frontline Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Frontline fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Frontline Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Net Debt
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total

Other Current Assets	- 0.55	Non Currrent Assets Other
Good Will	- 0.5	Retained Earnings
Short Term Investments	- 0.46	Net Receivables
Other Current Assets	- 0.41	Net Receivables
Short Term Investments	- 0.37	Accounts Payable
Other Current Assets	- 0.34	Inventory