Freehold Total Revenue vs Total Operating Expenses Analysis

FRU Stock  CAD 13.16  0.49  3.59%   
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 Total Revenue and its Total Operating Expenses 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.

Total Revenue vs Total Operating Expenses

Total Revenue vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freehold Royalties Total Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Freehold Royalties' Total Revenue and Total Operating Expenses is 0.17. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Operating Expenses 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' Total Revenue and Total Operating Expenses 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 Revenue of Freehold Royalties are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Revenue i.e., Freehold Royalties' Total Revenue and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Freehold Royalties generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 11th of December 2024, Enterprise Value Over EBITDA is likely to grow to 12.94, while Selling General Administrative is likely to drop about 11.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit118.2M281.7M305.1M320.3M
Total Revenue206.2M393.0M314.6M330.3M

Freehold Royalties fundamental ratios Correlations

0.820.140.130.981.00.82-0.81-0.280.191.00.190.620.950.61-0.580.580.660.570.44-0.060.90.92-0.640.930.74
0.820.170.10.740.821.0-0.68-0.30.270.820.270.630.720.87-0.520.80.620.510.30.160.680.72-0.440.710.96
0.140.170.790.080.070.17-0.37-0.430.070.080.070.010.260.12-0.180.350.030.76-0.3-0.190.220.2-0.230.070.12
0.130.10.790.030.070.1-0.21-0.07-0.050.07-0.050.290.240.23-0.20.510.110.75-0.5-0.160.050.080.030.00.08
0.980.740.080.030.980.74-0.81-0.320.190.990.190.530.930.47-0.550.430.630.50.52-0.110.930.93-0.710.950.66
1.00.820.070.070.980.82-0.79-0.270.21.00.20.620.930.61-0.580.570.660.510.47-0.030.90.91-0.640.930.75
0.821.00.170.10.740.82-0.68-0.30.260.820.260.640.720.87-0.520.80.620.510.290.160.680.72-0.440.710.96
-0.81-0.68-0.37-0.21-0.81-0.79-0.680.47-0.06-0.79-0.06-0.43-0.87-0.380.63-0.4-0.73-0.64-0.280.42-0.93-0.950.84-0.86-0.65
-0.28-0.3-0.43-0.07-0.32-0.27-0.30.47-0.21-0.26-0.210.06-0.310.060.180.03-0.21-0.38-0.030.41-0.43-0.430.37-0.32-0.34
0.190.270.07-0.050.190.20.26-0.06-0.210.191.0-0.050.140.1-0.110.07-0.330.080.310.170.070.07-0.27-0.070.15
1.00.820.080.070.991.00.82-0.79-0.260.190.190.60.930.6-0.580.550.650.510.49-0.030.90.91-0.640.930.74
0.190.270.07-0.050.190.20.26-0.06-0.211.00.19-0.050.140.1-0.110.07-0.330.080.310.170.070.07-0.27-0.070.15
0.620.630.010.290.530.620.64-0.430.06-0.050.6-0.050.650.75-0.270.750.710.59-0.24-0.140.370.480.00.530.59
0.950.720.260.240.930.930.72-0.87-0.310.140.930.140.650.53-0.570.550.660.670.3-0.290.90.91-0.660.880.61
0.610.870.120.230.470.610.87-0.380.060.10.60.10.750.53-0.410.960.510.430.030.330.350.4-0.040.450.8
-0.58-0.52-0.18-0.2-0.55-0.58-0.520.630.18-0.11-0.58-0.11-0.27-0.57-0.41-0.43-0.38-0.31-0.25-0.1-0.57-0.560.48-0.53-0.51
0.580.80.350.510.430.570.8-0.40.030.070.550.070.750.550.96-0.430.480.61-0.130.240.330.38-0.030.40.74
0.660.620.030.110.630.660.62-0.73-0.21-0.330.65-0.330.710.660.51-0.380.480.5-0.08-0.390.660.76-0.380.80.71
0.570.510.760.750.50.510.51-0.64-0.380.080.510.080.590.670.43-0.310.610.5-0.27-0.330.510.57-0.340.470.45
0.440.3-0.3-0.50.520.470.29-0.28-0.030.310.490.31-0.240.30.03-0.25-0.13-0.08-0.270.330.510.41-0.60.430.19
-0.060.16-0.19-0.16-0.11-0.030.160.420.410.17-0.030.17-0.14-0.290.33-0.10.24-0.39-0.330.33-0.26-0.320.28-0.210.11
0.90.680.220.050.930.90.68-0.93-0.430.070.90.070.370.90.35-0.570.330.660.510.51-0.260.98-0.860.950.63
0.920.720.20.080.930.910.72-0.95-0.430.070.910.070.480.910.4-0.560.380.760.570.41-0.320.98-0.820.960.69
-0.64-0.44-0.230.03-0.71-0.64-0.440.840.37-0.27-0.64-0.270.0-0.66-0.040.48-0.03-0.38-0.34-0.60.28-0.86-0.82-0.7-0.4
0.930.710.070.00.950.930.71-0.86-0.32-0.070.93-0.070.530.880.45-0.530.40.80.470.43-0.210.950.96-0.70.69
0.740.960.120.080.660.750.96-0.65-0.340.150.740.150.590.610.8-0.510.740.710.450.190.110.630.69-0.40.69
Click cells to compare fundamentals

Freehold Royalties Account Relationship Matchups

Freehold Royalties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets839.9M829.9M1.1B1.2B1.1B617.8M
Short Long Term Debt Total110.9M94.9M147.8M158.3M124.6M87.3M
Other Current Liab7.8M67.5M13.1M17.9M19.9M12.7M
Total Current Liabilities11.7M67.9M18.4M51.4M26.1M22.9M
Total Stockholder Equity707.5M659.4M891.0M960.3M923.8M480.3M
Property Plant And Equipment Net800.7M718.5M1.0B1.1B1.0B580.1M
Net Debt109.7M93.9M145.6M157.8M124.6M86.8M
Retained Earnings(567.4M)(616.7M)(613.2M)(550.2M)(581.0M)(551.9M)
Accounts Payable3.9M179K5.2M4.0M4.7M7.7M
Cash1.2M1.0M2.2M524K(1.6M)(1.5M)
Non Current Assets Total813.8M734.8M1.0B1.1B1.1B587.0M
Cash And Short Term Investments1.2M1.0M2.2M524K(1.6M)(1.5M)
Net Receivables24.9M16.0M46.3M57.7M43.3M24.6M
Common Stock Shares Outstanding118.7M118.7M136.9M150.8M151.2M75.9M
Liabilities And Stockholders Equity839.9M829.9M1.1B1.2B1.1B617.8M
Non Current Liabilities Total120.7M102.6M161.1M200.2M168.6M114.6M
Other Stockholder Equity3.2M3.8M4.5M10.2M9.2M8.7M
Total Liab132.4M170.5M179.5M251.7M194.7M137.5M
Property Plant And Equipment Gross800.7M718.5M2.0B2.2B2.2B2.3B
Total Current Assets26.1M95.1M63.2M80.1M55.4M30.7M
Accumulated Other Comprehensive Income(17K)(40K)126K10.2M4.1M4.3M
Non Currrent Assets Other916.2M874.1M813.8M29.3M33.7M32.0M
Short Term Debt90M0.049K195K236K224.2K
Common Stock Total Equity1.3B1.3B1.3B1.3B1.5B1.1B
Common Stock1.3B1.3B1.5B1.5B1.5B1.2B
Other Liab9.8M7.9M13.5M42.2M37.9M22.5M
Net Tangible Assets707.5M659.4M891.0M960.3M1.1B788.3M
Long Term Debt109M93M146M156.6M123.0M123.2M
Property Plant Equipment800.7M718.5M1.0B1.1B1.3B911.6M
Long Term Debt Total110.9M94.7M147.6M158.1M181.8M127.5M
Capital Surpluse2.1M2.6M3.2M3.8M4.5M0.0
Net Invested Capital816.5M752.4M1.0B1.1B1.0B1.0B
Net Working Capital14.4M27.2M44.8M28.7M29.3M26.1M
Capital Stock1.3B1.3B1.5B1.5B1.5B1.5B

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

  0.36SAGE Sage Potash CorpPairCorr
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

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.