Franklin Net Invested Capital vs Property Plant Equipment Analysis

FSP Stock

USD 1.80 0.07 3.74%

Franklin Street financial indicator trend analysis is much more than just examining Franklin Street Prop latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Street Prop is a good investment. Please check the relationship between Franklin Street Net Invested Capital and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Street Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Invested Capital vs Property Plant Equipment

Net Invested Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Street Prop Net Invested Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.

The correlation between Franklin Street's Net Invested Capital and Property Plant Equipment is 0.69. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Franklin Street Properties, assuming nothing else is changed. The correlation between historical values of Franklin Street's Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Franklin Street Properties are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Franklin Street's Net Invested Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Property Plant Equipment

Most indicators from Franklin Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Street Prop 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 Franklin Street Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Franklin Street's Tax Provision is relatively stable compared to the past year. As of 12/12/2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Enterprise Value is likely to drop slightly above 560.6 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	196.4M	165.1M	146.7M	131.5M
Interest Expense	32.3M	22.8M	24.3M	16.4M

Other Operating Expenses Interest Expense

Franklin Street fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Retained Earnings	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.9	-0.23	0.76	0.82	0.96	0.93	0.17	-0.12	-0.38	0.94	-0.31	0.99	0.79	-0.31	0.85	0.94	-0.23	0.39	0.37	-0.3	0.8	0.8	0.63	0.57	0.85
Total Stockholder Equity	0.9		-0.17	0.66	0.81	0.73	0.69	0.25	0.15	-0.12	0.7	-0.12	0.88	0.55	-0.12	0.73	0.71	-0.02	0.43	0.49	-0.22	0.75	0.75	0.56	0.44	0.6
Other Assets	-0.23	-0.17		0.25	0.2	-0.24	-0.18	-0.09	0.05	0.22	-0.3	0.44	-0.25	-0.12	0.44	-0.35	-0.27	-0.23	0.16	-0.38	-0.65	0.25	0.25	0.01	0.43	-0.08
Common Stock Shares Outstanding	0.76	0.66	0.25		0.96	0.74	0.69	0.01	-0.14	-0.33	0.67	-0.12	0.71	0.75	-0.12	0.54	0.66	-0.39	0.37	-0.01	-0.75	0.95	0.95	0.29	0.85	0.75
Other Stockholder Equity	0.82	0.81	0.2	0.96		0.74	0.69	0.09	-0.02	-0.22	0.67	-0.05	0.78	0.68	-0.05	0.59	0.67	-0.29	0.44	0.11	-0.68	0.98	0.98	0.37	0.77	0.72
Total Liab	0.96	0.73	-0.24	0.74	0.74		0.99	0.1	-0.28	-0.51	0.99	-0.4	0.96	0.86	-0.4	0.84	0.99	-0.34	0.32	0.25	-0.32	0.74	0.74	0.6	0.59	0.92
Short Long Term Debt Total	0.93	0.69	-0.18	0.69	0.69	0.99		0.05	-0.26	-0.46	0.99	-0.35	0.94	0.82	-0.35	0.81	0.99	-0.35	0.35	0.24	-0.34	0.71	0.71	0.65	0.57	0.93
Other Current Liab	0.17	0.25	-0.09	0.01	0.09	0.1	0.05		-0.07	-0.07	0.1	-0.02	0.15	0.06	-0.02	0.27	0.11	-0.06	0.19	0.26	0.14	0.06	0.06	0.29	-0.07	-0.03
Total Current Liabilities	-0.12	0.15	0.05	-0.14	-0.02	-0.28	-0.26	-0.07		0.81	-0.29	0.33	-0.09	-0.38	0.33	-0.48	-0.28	0.88	-0.18	0.19	0.1	-0.02	-0.02	-0.1	-0.18	-0.16
Property Plant And Equipment Net	-0.38	-0.12	0.22	-0.33	-0.22	-0.51	-0.46	-0.07	0.81		-0.53	0.77	-0.38	-0.69	0.77	-0.61	-0.5	0.57	0.17	0.06	-0.01	-0.12	-0.12	-0.24	-0.38	-0.36
Net Debt	0.94	0.7	-0.3	0.67	0.67	0.99	0.99	0.1	-0.29	-0.53		-0.46	0.95	0.86	-0.46	0.85	1.0	-0.32	0.27	0.27	-0.25	0.67	0.67	0.61	0.53	0.91
Cash	-0.31	-0.12	0.44	-0.12	-0.05	-0.4	-0.35	-0.02	0.33	0.77	-0.46		-0.36	-0.59	1.0	-0.38	-0.4	-0.06	0.64	-0.15	-0.36	0.09	0.09	-0.26	-0.11	-0.29
Non Current Assets Total	0.99	0.88	-0.25	0.71	0.78	0.96	0.94	0.15	-0.09	-0.38	0.95	-0.36		0.8	-0.36	0.83	0.96	-0.18	0.32	0.37	-0.27	0.75	0.75	0.64	0.56	0.87
Non Currrent Assets Other	0.79	0.55	-0.12	0.75	0.68	0.86	0.82	0.06	-0.38	-0.69	0.86	-0.59	0.8		-0.59	0.69	0.84	-0.35	0.04	0.13	-0.35	0.63	0.63	0.45	0.69	0.81
Cash And Short Term Investments	-0.31	-0.12	0.44	-0.12	-0.05	-0.4	-0.35	-0.02	0.33	0.77	-0.46	1.0	-0.36	-0.59		-0.38	-0.4	-0.06	0.64	-0.15	-0.36	0.09	0.09	-0.26	-0.11	-0.29
Net Receivables	0.85	0.73	-0.35	0.54	0.59	0.84	0.81	0.27	-0.48	-0.61	0.85	-0.38	0.83	0.69	-0.38		0.85	-0.48	0.46	0.38	-0.09	0.54	0.54	0.58	0.36	0.64
Non Current Liabilities Total	0.94	0.71	-0.27	0.66	0.67	0.99	0.99	0.11	-0.28	-0.5	1.0	-0.4	0.96	0.84	-0.4	0.85		-0.33	0.32	0.27	-0.28	0.68	0.68	0.62	0.54	0.91
Property Plant And Equipment Gross	-0.23	-0.02	-0.23	-0.39	-0.29	-0.34	-0.35	-0.06	0.88	0.57	-0.32	-0.06	-0.18	-0.35	-0.06	-0.48	-0.33		-0.56	0.25	0.49	-0.35	-0.35	-0.12	-0.4	-0.29
Total Current Assets	0.39	0.43	0.16	0.37	0.44	0.32	0.35	0.19	-0.18	0.17	0.27	0.64	0.32	0.04	0.64	0.46	0.32	-0.56		0.13	-0.47	0.55	0.56	0.23	0.21	0.27
Short Term Debt	0.37	0.49	-0.38	-0.01	0.11	0.25	0.24	0.26	0.19	0.06	0.27	-0.15	0.37	0.13	-0.15	0.38	0.27	0.25	0.13		0.4	0.06	0.06	0.66	-0.24	0.21
Retained Earnings	-0.3	-0.22	-0.65	-0.75	-0.68	-0.32	-0.34	0.14	0.1	-0.01	-0.25	-0.36	-0.27	-0.35	-0.36	-0.09	-0.28	0.49	-0.47	0.4		-0.76	-0.76	0.03	-0.75	-0.49
Common Stock Total Equity	0.8	0.75	0.25	0.95	0.98	0.74	0.71	0.06	-0.02	-0.12	0.67	0.09	0.75	0.63	0.09	0.54	0.68	-0.35	0.55	0.06	-0.76		1.0	0.36	0.75	0.75
Common Stock	0.8	0.75	0.25	0.95	0.98	0.74	0.71	0.06	-0.02	-0.12	0.67	0.09	0.75	0.63	0.09	0.54	0.68	-0.35	0.56	0.06	-0.76	1.0		0.36	0.75	0.75
Other Liab	0.63	0.56	0.01	0.29	0.37	0.6	0.65	0.29	-0.1	-0.24	0.61	-0.26	0.64	0.45	-0.26	0.58	0.62	-0.12	0.23	0.66	0.03	0.36	0.36		0.19	0.57
Accounts Payable	0.57	0.44	0.43	0.85	0.77	0.59	0.57	-0.07	-0.18	-0.38	0.53	-0.11	0.56	0.69	-0.11	0.36	0.54	-0.4	0.21	-0.24	-0.75	0.75	0.75	0.19		0.64
Long Term Debt	0.85	0.6	-0.08	0.75	0.72	0.92	0.93	-0.03	-0.16	-0.36	0.91	-0.29	0.87	0.81	-0.29	0.64	0.91	-0.29	0.27	0.21	-0.49	0.75	0.75	0.57	0.64

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Franklin Street Account Relationship Matchups

Franklin Street fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	1.8B	1.4B	1.2B	1.2B	1.3B
Total Stockholder Equity	786.4M	768.1M	783.2M	768.7M	712.8M	756.5M
Other Assets	73.8M	1.8B	1.3B	1.2B	1.2B	1.2B
Common Stock Shares Outstanding	107.2M	107.3M	106.7M	103.3M	103.4M	82.2M
Liabilities And Stockholders Equity	1.8B	1.8B	1.4B	1.2B	1.2B	1.3B
Other Stockholder Equity	1.4B	1.4B	1.3B	1.3B	1.3B	999.2M
Total Liab	1.1B	1.0B	581.0M	472.9M	456.5M	507.6M
Short Long Term Debt Total	973.4M	1.1B	480.0M	413.0M	404.7M	607.8M
Other Current Liab	3.4M	9.0M	(1.2M)	(759K)	3.7M	6.5M
Total Current Liabilities	66.7M	72.1M	89.5M	50.4M	160.6M	168.6M
Property Plant And Equipment Net	183K	163K	198K	154K	891.2M	935.8M
Net Debt	956.8M	918.9M	434.0M	406.4M	276.9M	456.8M
Cash	9.8M	2.7M	40.8M	6.6M	125.5M	131.8M
Non Current Assets Total	1.7B	1.7B	1.2B	1.2B	925.5M	1.2B
Non Currrent Assets Other	1.7B	1.7B	1.2B	1.2B	27.6M	26.2M
Cash And Short Term Investments	9.8M	2.7M	40.8M	6.6M	125.5M	131.8M
Net Receivables	91.7M	96.4M	75.0M	74.7M	42.6M	67.8M
Non Current Liabilities Total	989.6M	953.0M	491.5M	422.6M	295.9M	587.7M
Property Plant And Equipment Gross	183K	163K	1.4M	1.3M	1.1M	1.1M
Total Current Assets	108.8M	106.3M	119.8M	81.3M	243.8M	256.0M
Accumulated Other Comprehensive Income	(4.7M)	(17.3M)	(5.2M)	4.4M	355K	372.8K
Short Term Debt	963K	155M	1.2M	759K	115.0M	142.1M
Retained Earnings	(565.7M)	(571.7M)	(550.8M)	(570.4M)	(622.7M)	(591.5M)
Other Liab	10.9M	27.6M	6.7M	5.8M	6.7M	12.7M
Accounts Payable	66.7M	72.1M	89.5M	50.4M	41.9M	43.7M
Long Term Debt	972.5M	933.8M	478.9M	412.3M	404.4M	568.1M
Short Term Investments	13.9M	14.8M	3.0M	4.4M	(2.4M)	(2.2M)
Other Current Assets	(80.5M)	(79.6M)	(91.7M)	(61.6M)	75.7M	79.5M
Property Plant Equipment	183K	163K	198K	154K	138.6K	131.7K
Inventory	(14.8M)	(3.0M)	1.0	(4.4M)	(3.9M)	(4.1M)
Net Tangible Assets	745.7M	739.9M	768.3M	758.6M	682.7M	635.3M
Retained Earnings Total Equity	(565.7M)	(571.7M)	(550.8M)	(570.4M)	(513.4M)	(539.0M)
Capital Surpluse	1.4B	1.4B	1.3B	1.3B	1.5B	1.4B
Deferred Long Term Liab	52.8M	56.5M	38.3M	35.7M	41.1M	33.2M
Long Term Investments	84.1M	14.8M	3.0M	4.4M	3.9M	3.7M
Non Current Liabilities Other	4.4M	3.1M	1.7M	5.9M	6.3M	5.3M
Intangible Assets	40.7M	28.2M	14.9M	10.2M	6.7M	6.4M
Long Term Debt Total	972.5M	933.8M	478.9M	364.3M	418.9M	781.0M

Pair Trading with Franklin Street

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 Franklin Street 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 Franklin Street will appreciate offsetting losses from the drop in the long position's value.

Moving together with Franklin Stock

0.71

EQIX

Equinix

Pair Corr

Moving against Franklin Stock

0.75	O	Realty Income	Pair Corr
0.7	BNL	Broadstone Net Lease	Pair Corr
0.63	WHLR	Wheeler Real Estate	Pair Corr
0.61	EGP	EastGroup Properties	Pair Corr
0.61	FR	First Industrial Realty	Pair Corr

The ability to find closely correlated positions to Franklin Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Street 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 Franklin Street - 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 Franklin Street Properties to buy it.

The correlation of Franklin Street 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 Franklin Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Street Prop 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 Franklin Street 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

Additional Tools for Franklin Stock Analysis

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

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