Freehold Financial Statements From 2010 to 2024

FRU Stock  CAD 13.93  0.02  0.14%   
Freehold Royalties financial statements provide useful quarterly and yearly information to potential Freehold Royalties investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Freehold Royalties financial statements helps investors assess Freehold Royalties' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Freehold Royalties' valuation are summarized below:
Gross Profit
383.4 M
Profit Margin
0.4242
Market Capitalization
2.1 B
Enterprise Value Revenue
7.3761
Revenue
312.7 M
We have found one hundred twenty available fundamental signals for Freehold Royalties, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Freehold Royalties' prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 2nd of December 2024, Market Cap is likely to grow to about 2.2 B. Also, Enterprise Value is likely to grow to about 2.3 B

Freehold Royalties Total Revenue

330.3 Million

Check Freehold Royalties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freehold Royalties' main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.6 M, Interest Expense of 10.8 M or Selling General Administrative of 11.2 M, as well as many indicators such as Price To Sales Ratio of 9.91, Dividend Yield of 0.11 or PTB Ratio of 1.8. Freehold financial statements analysis is a perfect complement when working with Freehold Royalties Valuation or Volatility modules.
  
This module can also supplement various Freehold Royalties Technical models . Check out the analysis of Freehold Royalties Correlation against competitors.

Freehold Royalties Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets617.8 M1.1 B779.7 M
Slightly volatile
Short and Long Term Debt Total87.3 M124.6 M93.6 M
Slightly volatile
Other Current Liabilities12.7 M19.9 M15.5 M
Slightly volatile
Total Current Liabilities22.9 M26.1 M26 M
Pretty Stable
Total Stockholder Equity480.3 M923.8 M627.2 M
Slightly volatile
Property Plant And Equipment Net580.1 MB731.7 M
Slightly volatile
Net Debt86.8 M124.6 M92.9 M
Slightly volatile
Accounts Payable7.7 M4.7 M6.6 M
Slightly volatile
Non Current Assets Total587 M1.1 B742.1 M
Slightly volatile
Net Receivables24.6 M43.3 M27.1 M
Slightly volatile
Common Stock Shares Outstanding75.9 M151.2 M98.6 M
Slightly volatile
Liabilities And Stockholders Equity617.8 M1.1 B779.7 M
Slightly volatile
Non Current Liabilities Total114.6 M168.6 M126.6 M
Slightly volatile
Other Stockholder Equity8.7 M9.2 M42.3 M
Slightly volatile
Total Liabilities137.5 M194.7 M152.5 M
Slightly volatile
Property Plant And Equipment Gross2.3 B2.2 B1.1 B
Slightly volatile
Total Current Assets30.7 M55.4 M37.6 M
Slightly volatile
Common Stock Total Equity1.1 B1.5 B990.1 M
Slightly volatile
Common Stock1.2 B1.5 BB
Slightly volatile
Other Liabilities22.5 M37.9 M35.3 M
Slightly volatile
Net Tangible Assets788.3 M1.1 B662.8 M
Slightly volatile
Long Term Debt123.2 M123 M100.1 M
Slightly volatile
Short and Long Term Debt113.1 M103.5 M88.5 M
Slightly volatile
Property Plant Equipment911.6 M1.3 B780.5 M
Slightly volatile
Long Term Debt Total127.5 M181.8 M133.1 M
Pretty Stable
Net Invested CapitalBB935.8 M
Slightly volatile
Net Working Capital26.1 M29.3 M22.8 M
Slightly volatile
Capital Stock1.5 B1.5 B1.3 B
Slightly volatile
Capital Lease Obligations1.4 M1.6 M1.8 M
Slightly volatile
Current Deferred Revenue2.4 M2.7 MM
Slightly volatile

Freehold Royalties Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization66.6 M96.8 M79 M
Slightly volatile
Selling General Administrative11.2 M16 M14 M
Slightly volatile
Total Revenue330.3 M314.6 M183.3 M
Slightly volatile
Gross Profit320.3 M305.1 M114.1 M
Slightly volatile
Other Operating Expenses27.1 M28.6 M95.1 M
Very volatile
EBITDA293.3 M279.3 M154.2 M
Slightly volatile
Cost Of RevenueM9.5 M69.1 M
Pretty Stable
Total Operating Expenses29.6 M19.1 M26.7 M
Slightly volatile
Interest Income13.8 M13.2 M6.3 M
Slightly volatile
Reconciled Depreciation76.8 M96.6 M100.4 M
Slightly volatile
Selling And Marketing Expenses2.4 M2.7 MM
Slightly volatile

Freehold Royalties Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation67.2 M103.3 M80 M
Slightly volatile
Capital Expenditures10.1 M10.6 M89.4 M
Pretty Stable
Dividends Paid170.9 M162.7 M84.7 M
Slightly volatile
Issuance Of Capital Stock8.1 M8.5 M188.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio9.916.557312.3653
Slightly volatile
Dividend Yield0.110.07890.0675
Very volatile
PTB Ratio1.82.2332.342
Slightly volatile
Days Sales Outstanding85.5150.274484.0457
Slightly volatile
Book Value Per Share7.076.13086.4389
Very volatile
Capex To Depreciation0.09790.10318.1649
Slightly volatile
PB Ratio1.82.2332.342
Slightly volatile
EV To Sales10.736.953313.1042
Slightly volatile
Payables Turnover1.932.0308117
Very volatile
Sales General And Administrative To Revenue0.04840.0510.0889
Slightly volatile
Capex To Revenue0.03220.03384.7046
Slightly volatile
Cash Per Share0.00380.0040.0074
Very volatile
Days Payables Outstanding233180132
Slightly volatile
Net Debt To EBITDA0.420.4460.8813
Slightly volatile
Current Ratio1.192.12371.5454
Slightly volatile
Tangible Book Value Per Share7.076.13086.4389
Very volatile
Receivables Turnover4.627.26016.0752
Pretty Stable
Graham Number9.4710.9897.1265
Pretty Stable
Shareholders Equity Per Share7.076.13086.4389
Very volatile
Debt To Equity0.230.13310.1521
Pretty Stable
Capex Per Share0.06710.07071.4032
Slightly volatile
Revenue Per Share2.242.08781.7657
Very volatile
Interest Debt Per Share1.440.88440.9827
Pretty Stable
Debt To Assets0.170.110.1166
Slightly volatile
Enterprise Value Over EBITDA12.947.830415.8166
Slightly volatile
Short Term Coverage Ratios5.349.389.5152
Very volatile
Operating Cycle88.1550.274488.7123
Slightly volatile
Price Book Value Ratio1.82.2332.342
Slightly volatile
Days Of Payables Outstanding233180132
Slightly volatile
Effective Tax Rate0.170.23510.2718
Very volatile
Company Equity Multiplier1.461.21071.2878
Pretty Stable
Long Term Debt To Capitalization0.180.11750.1287
Pretty Stable
Total Debt To Capitalization0.180.11750.1287
Pretty Stable
Debt Equity Ratio0.230.13310.1521
Pretty Stable
Quick Ratio1.182.12371.5306
Slightly volatile
Net Income Per E B T0.870.76490.7309
Very volatile
Cash Ratio0.00870.00920.0414
Very volatile
Days Of Sales Outstanding85.5150.274484.0457
Slightly volatile
Price To Book Ratio1.82.2332.342
Slightly volatile
Fixed Asset Turnover0.220.30430.2395
Pretty Stable
Enterprise Value Multiple12.947.830415.8166
Slightly volatile
Debt Ratio0.170.110.1166
Slightly volatile
Price Sales Ratio9.916.557312.3653
Slightly volatile
Asset Turnover0.20.28130.2242
Pretty Stable
Gross Profit Margin0.790.96980.5481
Very volatile
Price Fair Value1.82.2332.342
Slightly volatile

Freehold Royalties Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.2 B2.1 B1.4 B
Slightly volatile
Enterprise Value2.3 B2.2 B1.5 B
Slightly volatile

Freehold Fundamental Market Drivers

Forward Price Earnings15.4799
Cash And Short Term Investments-1.6 M

About Freehold Royalties Financial Statements

Freehold Royalties investors utilize fundamental indicators, such as revenue or net income, to predict how Freehold Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.7 M2.4 M
Total Revenue314.6 M330.3 M
Cost Of Revenue9.5 MM
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.05  0.05 
Capex To Revenue 0.03  0.03 
Revenue Per Share 2.09  2.24 
Ebit Per Revenue 0.91  0.95 

Pair Trading with Freehold Royalties

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 Freehold Royalties 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 Freehold Royalties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Freehold Stock

  0.67ENB-PFV Enbridge Pref 5PairCorr
  0.71ENB-PFU Enbridge Pref LPairCorr

Moving against Freehold Stock

  0.55DII-B Dorel IndustriesPairCorr
  0.51TC Tucows IncPairCorr
  0.43SAGE Sage Potash CorpPairCorr
  0.31SLF-PH Sun Lif NonPairCorr
The ability to find closely correlated positions to Freehold Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freehold Royalties 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 Freehold Royalties - 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 Freehold Royalties to buy it.
The correlation of Freehold Royalties 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 Freehold Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freehold Royalties 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 Freehold Royalties 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 CorrelationCorrelation Matching

Other Information on Investing in Freehold Stock

Freehold Royalties financial ratios help investors to determine whether Freehold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Freehold with respect to the benefits of owning Freehold Royalties security.