Freehold Other Stockholder Equity vs Common Stock Shares Outstanding Analysis

FRU Stock

CAD 12.60 0.16 1.25%

Freehold Royalties financial indicator trend analysis is much more than just examining Freehold Royalties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freehold Royalties is a good investment. Please check the relationship between Freehold Royalties Other Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freehold Royalties. 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.

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freehold Royalties Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Freehold Royalties' Other Stockholder Equity and Common Stock Shares Outstanding is -0.55. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Freehold Royalties, assuming nothing else is changed. The correlation between historical values of Freehold Royalties' Other Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Freehold Royalties are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Freehold Royalties' Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Other Stockholder Equity

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Freehold Royalties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freehold Royalties 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 Freehold Royalties. 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.

At this time, Freehold Royalties' Tax Provision is very stable compared to the past year. As of the 1st of March 2025, Sales General And Administrative To Revenue is likely to grow to 0.10, while Selling General Administrative is likely to drop about 11.2 M.

	2022	2023	2024	2025 (projected)
Gross Profit	281.7M	305.1M	350.8M	368.4M
Total Revenue	393.0M	314.6M	361.8M	379.8M

Gross Profit Total Revenue

Freehold Royalties 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.74	0.13	0.1	0.99	1.0	0.75	-0.84	-0.23	-0.32	1.0	-0.32	0.73	0.96	0.57	-0.57	0.54	0.89	0.64	0.24	-0.23	0.87	0.92	-0.61	0.94	0.78
Short Long Term Debt Total	0.74		0.2	0.11	0.68	0.75	1.0	-0.7	-0.31	0.08	0.74	0.08	0.59	0.64	0.88	-0.52	0.82	0.61	0.51	0.25	0.1	0.71	0.74	-0.41	0.74	0.96
Other Current Liab	0.13	0.2		0.79	0.08	0.08	0.2	-0.39	-0.43	0.0	0.08	0.0	0.03	0.22	0.16	-0.19	0.37	0.08	0.72	-0.32	-0.21	0.25	0.23	-0.22	0.1	0.14
Total Current Liabilities	0.1	0.11	0.79		0.02	0.06	0.11	-0.22	-0.08	-0.07	0.05	-0.07	0.24	0.19	0.24	-0.21	0.5	0.12	0.7	-0.51	-0.17	0.07	0.1	0.04	0.02	0.09
Total Stockholder Equity	0.99	0.68	0.08	0.02		0.99	0.68	-0.85	-0.26	-0.3	0.99	-0.3	0.66	0.95	0.46	-0.55	0.42	0.87	0.58	0.32	-0.27	0.9	0.93	-0.67	0.96	0.72
Property Plant And Equipment Net	1.0	0.75	0.08	0.06	0.99		0.75	-0.83	-0.21	-0.3	1.0	-0.3	0.73	0.95	0.57	-0.58	0.53	0.89	0.59	0.27	-0.21	0.87	0.91	-0.61	0.94	0.79
Net Debt	0.75	1.0	0.2	0.11	0.68	0.75		-0.7	-0.3	0.07	0.74	0.07	0.59	0.64	0.88	-0.52	0.82	0.62	0.51	0.24	0.1	0.71	0.74	-0.41	0.75	0.96
Retained Earnings	-0.84	-0.7	-0.39	-0.22	-0.85	-0.83	-0.7		0.48	0.01	-0.83	0.01	-0.5	-0.87	-0.42	0.64	-0.44	-0.68	-0.69	-0.26	0.43	-0.93	-0.93	0.81	-0.86	-0.66
Accounts Payable	-0.23	-0.31	-0.43	-0.08	-0.26	-0.21	-0.3	0.48		-0.14	-0.21	-0.14	0.05	-0.24	0.03	0.18	0.01	-0.2	-0.35	-0.02	0.42	-0.43	-0.43	0.36	-0.32	-0.35
Cash	-0.32	0.08	0.0	-0.07	-0.3	-0.3	0.07	0.01	-0.14		-0.31	1.0	-0.44	-0.4	-0.08	-0.05	-0.09	-0.53	-0.23	0.33	0.25	-0.04	-0.14	-0.25	-0.21	-0.02
Non Current Assets Total	1.0	0.74	0.08	0.05	0.99	1.0	0.74	-0.83	-0.21	-0.31		-0.31	0.72	0.95	0.56	-0.57	0.52	0.88	0.59	0.28	-0.21	0.87	0.91	-0.61	0.94	0.78
Cash And Short Term Investments	-0.32	0.08	0.0	-0.07	-0.3	-0.3	0.07	0.01	-0.14	1.0	-0.31		-0.44	-0.4	-0.08	-0.05	-0.09	-0.53	-0.23	0.33	0.25	-0.04	-0.14	-0.25	-0.21	-0.02
Net Receivables	0.73	0.59	0.03	0.24	0.66	0.73	0.59	-0.5	0.05	-0.44	0.72	-0.44		0.76	0.68	-0.3	0.68	0.89	0.65	-0.31	-0.28	0.42	0.56	-0.05	0.59	0.65
Common Stock Shares Outstanding	0.96	0.64	0.22	0.19	0.95	0.95	0.64	-0.87	-0.24	-0.4	0.95	-0.4	0.76		0.5	-0.55	0.5	0.91	0.71	0.1	-0.43	0.84	0.9	-0.6	0.88	0.67
Non Current Liabilities Total	0.57	0.88	0.16	0.24	0.46	0.57	0.88	-0.42	0.03	-0.08	0.56	-0.08	0.68	0.5		-0.42	0.96	0.54	0.43	-0.02	0.24	0.4	0.48	-0.02	0.51	0.82
Other Stockholder Equity	-0.57	-0.52	-0.19	-0.21	-0.55	-0.58	-0.52	0.64	0.18	-0.05	-0.57	-0.05	-0.3	-0.55	-0.42		-0.43	-0.37	-0.34	-0.24	-0.08	-0.57	-0.55	0.47	-0.53	-0.51
Total Liab	0.54	0.82	0.37	0.5	0.42	0.53	0.82	-0.44	0.01	-0.09	0.52	-0.09	0.68	0.5	0.96	-0.43		0.52	0.59	-0.16	0.16	0.38	0.46	-0.01	0.46	0.76
Property Plant And Equipment Gross	0.89	0.61	0.08	0.12	0.87	0.89	0.62	-0.68	-0.2	-0.53	0.88	-0.53	0.89	0.91	0.54	-0.37	0.52		0.67	-0.14	-0.43	0.65	0.77	-0.31	0.8	0.71
Total Current Assets	0.64	0.51	0.72	0.7	0.58	0.59	0.51	-0.69	-0.35	-0.23	0.59	-0.23	0.65	0.71	0.43	-0.34	0.59	0.67		-0.34	-0.42	0.55	0.62	-0.36	0.54	0.52
Non Currrent Assets Other	0.24	0.25	-0.32	-0.51	0.32	0.27	0.24	-0.26	-0.02	0.33	0.28	0.33	-0.31	0.1	-0.02	-0.24	-0.16	-0.14	-0.34		0.35	0.47	0.32	-0.61	0.37	0.15
Short Term Debt	-0.23	0.1	-0.21	-0.17	-0.27	-0.21	0.1	0.43	0.42	0.25	-0.21	0.25	-0.28	-0.43	0.24	-0.08	0.16	-0.43	-0.42	0.35		-0.29	-0.37	0.26	-0.26	0.05
Common Stock Total Equity	0.87	0.71	0.25	0.07	0.9	0.87	0.71	-0.93	-0.43	-0.04	0.87	-0.04	0.42	0.84	0.4	-0.57	0.38	0.65	0.55	0.47	-0.29		0.98	-0.83	0.95	0.66
Common Stock	0.92	0.74	0.23	0.1	0.93	0.91	0.74	-0.93	-0.43	-0.14	0.91	-0.14	0.56	0.9	0.48	-0.55	0.46	0.77	0.62	0.32	-0.37	0.98		-0.73	0.98	0.72
Other Liab	-0.61	-0.41	-0.22	0.04	-0.67	-0.61	-0.41	0.81	0.36	-0.25	-0.61	-0.25	-0.05	-0.6	-0.02	0.47	-0.01	-0.31	-0.36	-0.61	0.26	-0.83	-0.73		-0.65	-0.37
Net Tangible Assets	0.94	0.74	0.1	0.02	0.96	0.94	0.75	-0.86	-0.32	-0.21	0.94	-0.21	0.59	0.88	0.51	-0.53	0.46	0.8	0.54	0.37	-0.26	0.95	0.98	-0.65		0.73
Long Term Debt	0.78	0.96	0.14	0.09	0.72	0.79	0.96	-0.66	-0.35	-0.02	0.78	-0.02	0.65	0.67	0.82	-0.51	0.76	0.71	0.52	0.15	0.05	0.66	0.72	-0.37	0.73

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Freehold Royalties Account Relationship Matchups

Freehold Royalties fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	829.9M	1.1B	1.2B	1.1B	1.3B	1.4B
Short Long Term Debt Total	94.9M	147.8M	158.3M	124.6M	143.3M	87.3M
Other Current Liab	67.5M	13.1M	17.9M	19.9M	22.8M	12.7M
Total Current Liabilities	67.9M	18.4M	51.4M	26.1M	30.0M	22.9M
Total Stockholder Equity	659.4M	891.0M	960.3M	923.8M	1.1B	1.1B
Property Plant And Equipment Net	718.5M	1.0B	1.1B	1.0B	1.2B	1.2B
Net Debt	93.9M	145.6M	157.8M	124.6M	143.3M	86.8M
Retained Earnings	(616.7M)	(613.2M)	(550.2M)	(581.0M)	(522.9M)	(496.7M)
Accounts Payable	179K	5.2M	4.0M	4.7M	5.4M	7.7M
Cash	1.0M	2.2M	524K	(1.6M)	(1.9M)	(1.8M)
Non Current Assets Total	734.8M	1.0B	1.1B	1.1B	1.2B	1.3B
Cash And Short Term Investments	1.0M	2.2M	524K	(1.6M)	(1.9M)	(1.8M)
Net Receivables	16.0M	46.3M	57.7M	43.3M	49.8M	52.3M
Common Stock Shares Outstanding	118.7M	136.9M	150.8M	151.2M	173.9M	182.6M
Liabilities And Stockholders Equity	829.9M	1.1B	1.2B	1.1B	1.3B	1.4B
Non Current Liabilities Total	102.6M	161.1M	200.2M	168.6M	193.9M	114.6M
Other Stockholder Equity	3.2M	3.8M	4.5M	10.2M	9.2M	8.7M
Total Liab	170.5M	179.5M	251.7M	194.7M	223.9M	137.5M
Property Plant And Equipment Gross	718.5M	2.0B	2.2B	2.2B	2.5B	2.6B
Total Current Assets	95.1M	63.2M	80.1M	55.4M	63.7M	66.9M
Accumulated Other Comprehensive Income	(40K)	126K	10.2M	4.1M	3.7M	3.9M
Short Term Debt	0.0	49K	195K	236K	212.4K	201.8K
Common Stock	1.3B	1.5B	1.5B	1.5B	1.7B	1.2B
Other Liab	9.8M	7.9M	13.5M	42.2M	37.9M	22.5M
Net Tangible Assets	707.5M	659.4M	891.0M	960.3M	1.1B	788.3M
Long Term Debt	93M	146M	156.6M	123.0M	141.4M	123.2M
Property Plant Equipment	800.7M	718.5M	1.0B	1.1B	1.3B	911.6M
Long Term Debt Total	110.9M	94.7M	147.6M	158.1M	181.8M	127.5M
Net Invested Capital	752.4M	1.0B	1.1B	1.0B	1.2B	1.0B
Net Working Capital	27.2M	44.8M	28.7M	29.3M	33.7M	26.1M
Capital Stock	1.3B	1.5B	1.5B	1.5B	1.7B	1.5B
Capital Lease Obligations	1.9M	1.8M	1.7M	1.6M	1.5M	1.4M

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 against Freehold Stock

0.55	ENB-PFC	Enbridge Pref 11	Pair Corr
0.55	ENB-PFU	Enbridge Pref L	Pair Corr
0.54	GOOG	Alphabet CDR	Pair Corr
0.53	ERC	Eros Resources Corp	Pair Corr
0.44	SAGE	Sage Potash Corp	Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in Freehold Stock

Balance Sheet is a snapshot of the financial position of Freehold Royalties at a specified time, usually calculated after every quarter, six months, or one year. Freehold Royalties Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Freehold Royalties and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Freehold currently owns. An asset can also be divided into two categories, current and non-current.

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Freehold Other Stockholder Equity vs Common Stock Shares Outstanding Analysis

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Common Stock Shares Outstanding

Freehold Royalties fundamental ratios Correlations

Freehold Royalties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Freehold Royalties fundamental ratios Accounts

Pair Trading with Freehold Royalties

Moving against Freehold Stock

Other Information on Investing in Freehold Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets

Common Stock	- 0.93	Retained Earnings
Common Stock Total Equity	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.87	Retained Earnings
Net Tangible Assets	- 0.86	Retained Earnings
Retained Earnings	- 0.85	Total Stockholder Equity
Retained Earnings	- 0.84	Total Assets