Franklin Total Current Liabilities vs Retained Earnings Analysis

FSP Stock  USD 1.88  0.08  4.44%   
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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Street Prop Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Franklin Street's Total Current Liabilities and Retained Earnings is 0.1. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings 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 Current Liabilities of Franklin Street Properties are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Franklin Street's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Franklin Street balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Franklin Street Properties are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 12/04/2024, 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 Expenses196.4M165.1M146.7M131.5M
Interest Expense32.3M22.8M24.3M16.4M

Franklin Street fundamental ratios Correlations

0.9-0.230.760.820.960.930.17-0.12-0.380.94-0.310.990.79-0.310.850.94-0.230.390.37-0.30.80.80.630.570.85
0.9-0.170.660.810.730.690.250.15-0.120.7-0.120.880.55-0.120.730.71-0.020.430.49-0.220.750.750.560.440.6
-0.23-0.170.250.2-0.24-0.18-0.090.050.22-0.30.44-0.25-0.120.44-0.35-0.27-0.230.16-0.38-0.650.250.250.010.43-0.08
0.760.660.250.960.740.690.01-0.14-0.330.67-0.120.710.75-0.120.540.66-0.390.37-0.01-0.750.950.950.290.850.75
0.820.810.20.960.740.690.09-0.02-0.220.67-0.050.780.68-0.050.590.67-0.290.440.11-0.680.980.980.370.770.72
0.960.73-0.240.740.740.990.1-0.28-0.510.99-0.40.960.86-0.40.840.99-0.340.320.25-0.320.740.740.60.590.92
0.930.69-0.180.690.690.990.05-0.26-0.460.99-0.350.940.82-0.350.810.99-0.350.350.24-0.340.710.710.650.570.93
0.170.25-0.090.010.090.10.05-0.07-0.070.1-0.020.150.06-0.020.270.11-0.060.190.260.140.060.060.29-0.07-0.03
-0.120.150.05-0.14-0.02-0.28-0.26-0.070.81-0.290.33-0.09-0.380.33-0.48-0.280.88-0.180.190.1-0.02-0.02-0.1-0.18-0.16
-0.38-0.120.22-0.33-0.22-0.51-0.46-0.070.81-0.530.77-0.38-0.690.77-0.61-0.50.570.170.06-0.01-0.12-0.12-0.24-0.38-0.36
0.940.7-0.30.670.670.990.990.1-0.29-0.53-0.460.950.86-0.460.851.0-0.320.270.27-0.250.670.670.610.530.91
-0.31-0.120.44-0.12-0.05-0.4-0.35-0.020.330.77-0.46-0.36-0.591.0-0.38-0.4-0.060.64-0.15-0.360.090.09-0.26-0.11-0.29
0.990.88-0.250.710.780.960.940.15-0.09-0.380.95-0.360.8-0.360.830.96-0.180.320.37-0.270.750.750.640.560.87
0.790.55-0.120.750.680.860.820.06-0.38-0.690.86-0.590.8-0.590.690.84-0.350.040.13-0.350.630.630.450.690.81
-0.31-0.120.44-0.12-0.05-0.4-0.35-0.020.330.77-0.461.0-0.36-0.59-0.38-0.4-0.060.64-0.15-0.360.090.09-0.26-0.11-0.29
0.850.73-0.350.540.590.840.810.27-0.48-0.610.85-0.380.830.69-0.380.85-0.480.460.38-0.090.540.540.580.360.64
0.940.71-0.270.660.670.990.990.11-0.28-0.51.0-0.40.960.84-0.40.85-0.330.320.27-0.280.680.680.620.540.91
-0.23-0.02-0.23-0.39-0.29-0.34-0.35-0.060.880.57-0.32-0.06-0.18-0.35-0.06-0.48-0.33-0.560.250.49-0.35-0.35-0.12-0.4-0.29
0.390.430.160.370.440.320.350.19-0.180.170.270.640.320.040.640.460.32-0.560.13-0.470.550.560.230.210.27
0.370.49-0.38-0.010.110.250.240.260.190.060.27-0.150.370.13-0.150.380.270.250.130.40.060.060.66-0.240.21
-0.3-0.22-0.65-0.75-0.68-0.32-0.340.140.1-0.01-0.25-0.36-0.27-0.35-0.36-0.09-0.280.49-0.470.4-0.76-0.760.03-0.75-0.49
0.80.750.250.950.980.740.710.06-0.02-0.120.670.090.750.630.090.540.68-0.350.550.06-0.761.00.360.750.75
0.80.750.250.950.980.740.710.06-0.02-0.120.670.090.750.630.090.540.68-0.350.560.06-0.761.00.360.750.75
0.630.560.010.290.370.60.650.29-0.1-0.240.61-0.260.640.45-0.260.580.62-0.120.230.660.030.360.360.190.57
0.570.440.430.850.770.590.57-0.07-0.18-0.380.53-0.110.560.69-0.110.360.54-0.40.21-0.24-0.750.750.750.190.64
0.850.6-0.080.750.720.920.93-0.03-0.16-0.360.91-0.290.870.81-0.290.640.91-0.290.270.21-0.490.750.750.570.64
Click cells to compare fundamentals

Franklin Street Account Relationship Matchups

Franklin Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.8B1.4B1.2B1.2B1.3B
Total Stockholder Equity786.4M768.1M783.2M768.7M712.8M756.5M
Other Assets73.8M1.8B1.3B1.2B1.2B1.2B
Common Stock Shares Outstanding107.2M107.3M106.7M103.3M103.4M82.2M
Liabilities And Stockholders Equity1.8B1.8B1.4B1.2B1.2B1.3B
Other Stockholder Equity1.4B1.4B1.3B1.3B1.3B999.2M
Total Liab1.1B1.0B581.0M472.9M456.5M507.6M
Short Long Term Debt Total973.4M1.1B480.0M413.0M404.7M607.8M
Other Current Liab3.4M9.0M(1.2M)(759K)3.7M6.5M
Total Current Liabilities66.7M72.1M89.5M50.4M160.6M168.6M
Property Plant And Equipment Net183K163K198K154K891.2M935.8M
Net Debt956.8M918.9M434.0M406.4M276.9M456.8M
Cash9.8M2.7M40.8M6.6M125.5M131.8M
Non Current Assets Total1.7B1.7B1.2B1.2B925.5M1.2B
Non Currrent Assets Other1.7B1.7B1.2B1.2B27.6M26.2M
Cash And Short Term Investments9.8M2.7M40.8M6.6M125.5M131.8M
Net Receivables91.7M96.4M75.0M74.7M42.6M67.8M
Non Current Liabilities Total989.6M953.0M491.5M422.6M295.9M587.7M
Property Plant And Equipment Gross183K163K1.4M1.3M1.1M1.1M
Total Current Assets108.8M106.3M119.8M81.3M243.8M256.0M
Accumulated Other Comprehensive Income(4.7M)(17.3M)(5.2M)4.4M355K372.8K
Short Term Debt963K155M1.2M759K115.0M142.1M
Retained Earnings(565.7M)(571.7M)(550.8M)(570.4M)(622.7M)(591.5M)
Other Liab10.9M27.6M6.7M5.8M6.7M12.7M
Accounts Payable66.7M72.1M89.5M50.4M41.9M43.7M
Long Term Debt972.5M933.8M478.9M412.3M404.4M568.1M
Short Term Investments13.9M14.8M3.0M4.4M(2.4M)(2.2M)
Other Current Assets(80.5M)(79.6M)(91.7M)(61.6M)75.7M79.5M
Property Plant Equipment183K163K198K154K138.6K131.7K
Inventory(14.8M)(3.0M)1.0(4.4M)(3.9M)(4.1M)
Net Tangible Assets745.7M739.9M768.3M758.6M682.7M635.3M
Retained Earnings Total Equity(565.7M)(571.7M)(550.8M)(570.4M)(513.4M)(539.0M)
Capital Surpluse1.4B1.4B1.3B1.3B1.5B1.4B
Deferred Long Term Liab52.8M56.5M38.3M35.7M41.1M33.2M
Long Term Investments84.1M14.8M3.0M4.4M3.9M3.7M
Non Current Liabilities Other4.4M3.1M1.7M5.9M6.3M5.3M
Intangible Assets40.7M28.2M14.9M10.2M6.7M6.4M
Long Term Debt Total972.5M933.8M478.9M364.3M418.9M781.0M

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 against Franklin Stock

  0.74OPI Office Properties IncomePairCorr
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  0.59EGP EastGroup PropertiesPairCorr
  0.59FR First Industrial RealtyPairCorr
  0.56ARE Alexandria Real EstatePairCorr
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 CorrelationCorrelation 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.