Franco Historical Balance Sheet

FNV Stock  CAD 171.44  0.77  0.45%   
Trend analysis of Franco Nevada balance sheet accounts such as Total Current Liabilities of 36.7 M or Total Stockholder Equity of 4.2 B provides information on Franco Nevada's total assets, liabilities, and equity, which is the actual value of Franco Nevada to its prevalent stockholders. By breaking down trends over time using Franco Nevada balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Franco Nevada latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Franco Nevada is a good buy for the upcoming year.

Franco Nevada Inventory

475,000

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. 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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.

About Franco Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Franco Nevada at a specified time, usually calculated after every quarter, six months, or one year. Franco Nevada Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Franco Nevada 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 Franco currently owns. An asset can also be divided into two categories, current and non-current.

Franco Nevada Balance Sheet Chart

At this time, Franco Nevada's Other Liabilities is very stable compared to the past year. As of the 29th of November 2024, Capital Surpluse is likely to grow to about 17.6 M, while Total Assets are likely to drop about 4.3 B.

Total Assets

Total assets refers to the total amount of Franco Nevada assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Franco Nevada books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Franco Nevada balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Franco Nevada 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Franco Nevada's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Franco Nevada current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Franco Nevada. 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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.At this time, Franco Nevada's Other Liabilities is very stable compared to the past year. As of the 29th of November 2024, Capital Surpluse is likely to grow to about 17.6 M, while Total Assets are likely to drop about 4.3 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities25.1M36.1M25.4M24.5M
Total Assets6.2B6.6B6.0B4.3B

Franco Nevada balance sheet Correlations

0.370.451.0-0.320.560.350.96-0.560.320.860.960.940.280.67-0.520.340.390.970.950.250.930.350.730.910.56
0.370.930.39-0.460.350.430.23-0.460.460.660.290.33-0.190.2-0.1-0.080.480.30.220.240.25-0.010.270.240.27
0.450.930.47-0.420.310.380.33-0.590.410.730.40.44-0.210.25-0.15-0.090.440.410.330.170.320.250.260.290.3
1.00.390.47-0.360.570.360.95-0.550.340.860.960.940.20.66-0.50.270.40.960.940.260.920.350.730.910.56
-0.32-0.46-0.42-0.36-0.6-0.97-0.070.23-0.97-0.52-0.3-0.220.38-0.480.010.33-0.96-0.29-0.06-0.25-0.4-0.04-0.66-0.480.18
0.560.350.310.57-0.60.60.420.030.590.630.360.290.010.52-0.10.050.610.380.40.690.740.060.750.640.41
0.350.430.380.36-0.970.60.1-0.291.00.540.320.26-0.170.56-0.05-0.131.00.320.090.240.420.060.710.48-0.21
0.960.230.330.95-0.070.420.1-0.490.070.720.930.940.370.61-0.550.420.140.951.00.160.850.360.630.830.63
-0.56-0.46-0.59-0.550.230.03-0.29-0.49-0.29-0.71-0.61-0.7-0.17-0.370.34-0.24-0.33-0.63-0.510.13-0.33-0.61-0.18-0.25-0.21
0.320.460.410.34-0.970.591.00.07-0.290.530.30.23-0.190.53-0.06-0.141.00.290.060.240.390.060.680.45-0.23
0.860.660.730.86-0.520.630.540.72-0.710.530.780.780.130.62-0.340.230.590.790.720.330.810.440.640.710.47
0.960.290.40.96-0.30.360.320.93-0.610.30.780.970.280.66-0.520.330.360.990.930.040.850.360.690.890.42
0.940.330.440.94-0.220.290.260.94-0.70.230.780.970.310.66-0.650.370.30.980.940.050.790.430.610.790.46
0.28-0.19-0.210.20.380.01-0.170.37-0.17-0.190.130.280.310.29-0.30.99-0.150.270.380.00.290.070.170.190.15
0.670.20.250.66-0.480.520.560.61-0.370.530.620.660.660.29-0.550.320.590.670.61-0.090.750.320.830.720.06
-0.52-0.1-0.15-0.50.01-0.1-0.05-0.550.34-0.06-0.34-0.52-0.65-0.3-0.55-0.32-0.1-0.54-0.56-0.04-0.43-0.11-0.34-0.42-0.24
0.34-0.08-0.090.270.330.05-0.130.42-0.24-0.140.230.330.370.990.32-0.32-0.10.330.430.020.340.10.210.230.19
0.390.480.440.4-0.960.611.00.14-0.331.00.590.360.3-0.150.59-0.1-0.10.360.140.240.450.10.730.5-0.19
0.970.30.410.96-0.290.380.320.95-0.630.290.790.990.980.270.67-0.540.330.360.950.070.830.40.70.860.46
0.950.220.330.94-0.060.40.091.0-0.510.060.720.930.940.380.61-0.560.430.140.950.150.840.380.620.810.62
0.250.240.170.26-0.250.690.240.160.130.240.330.040.050.0-0.09-0.040.020.240.070.150.35-0.030.220.220.45
0.930.250.320.92-0.40.740.420.85-0.330.390.810.850.790.290.75-0.430.340.450.830.840.350.320.820.930.47
0.35-0.010.250.35-0.040.060.060.36-0.610.060.440.360.430.070.32-0.110.10.10.40.38-0.030.320.120.140.04
0.730.270.260.73-0.660.750.710.63-0.180.680.640.690.610.170.83-0.340.210.730.70.620.220.820.120.880.15
0.910.240.290.91-0.480.640.480.83-0.250.450.710.890.790.190.72-0.420.230.50.860.810.220.930.140.880.35
0.560.270.30.560.180.41-0.210.63-0.21-0.230.470.420.460.150.06-0.240.19-0.190.460.620.450.470.040.150.35
Click cells to compare fundamentals

Franco Nevada Account Relationship Matchups

Franco Nevada balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.6B6.2B6.6B6.0B4.3B
Other Current Liab35M37.3M25.1M36.1M25.4M24.5M
Total Current Liabilities53.4M53.2M43.2M50.2M39.2M36.7M
Total Stockholder Equity5.1B5.4B6.0B6.4B5.7B4.2B
Net Debt(49.5M)(529.8M)(533.2M)(1.2B)(1.4B)(1.4B)
Retained Earnings(164.4M)(34.4M)484.9M940.4M212.3M222.9M
Cash132.1M534.2M539.3M1.2B1.4B1.5B
Non Current Assets Total5.0B4.9B5.5B5.2B4.4B3.6B
Cash And Short Term Investments132.1M534.2M539.3M1.2B1.4B1.5B
Net Receivables97.8M93.4M119.8M135.7M111M80.8M
Common Stock Total Equity5.1B5.2B5.4B5.6B6.4B4.5B
Common Stock Shares Outstanding188M190.7M191.5M191.9M192.3M169.9M
Liabilities And Stockholders Equity5.3B5.6B6.2B6.6B6.0B4.3B
Non Current Liabilities Total165M95.9M141.5M159M185.8M131.7M
Other Current Assets44.4M35.6M91.8M50.8M81.9M86.0M
Total Liab218.4M149.1M184.7M209.2M225M168.3M
Total Current Assets278.7M663.7M751.4M1.4B1.6B1.7B
Accumulated Other Comprehensive Income(178.3M)(115.9M)(104.3M)(233.7M)(192.0M)(182.4M)
Common Stock5.4B5.6B5.6B5.7B5.7B4.9B
Property Plant And Equipment Net4.8B4.6B5.2B4.9B4.0B3.6B
Short Term Investments13.4M10.5M9.6M654.8M(8.1M)(7.7M)
Property Plant And Equipment Gross4.8B4.6B8.5B8.5B7.9B4.3B
Accounts Payable6.8M3.5M8.5M7M5.5M7.0M
Other Liab85M95.9M141.5M159M182.9M192.0M
Net Tangible Assets5.1B5.4B6.0B6.4B7.4B5.1B
Other Assets43.3M88.4M66.2M84.9M1.00.95
Inventory7.1M5.4M4.4M500K100K475K
Long Term Investments145.6M238.4M235.1M224.6M246.4M181.0M
Property Plant Equipment4.8B4.6B5.2B4.9B5.7B4.4B
Short Long Term Debt Total82.6M4.4M6.1M6.0M5.7M5.4M
Cash And Equivalents13.4M10.5M9.6M655.1M753.4M791.0M
Net Invested Capital5.1B5.4B6.0B6.4B5.8B6.0B
Net Working Capital225.3M610.5M708.2M1.3B1.6B817.2M
Capital Stock5.4B5.6B5.6B5.7B5.7B6.1B

Pair Trading with Franco Nevada

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 Franco Nevada 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 Franco Nevada will appreciate offsetting losses from the drop in the long position's value.

Moving together with Franco Stock

  0.83AG First Majestic SilverPairCorr

Moving against Franco Stock

  0.33BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Franco Nevada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franco Nevada 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 Franco Nevada - 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 Franco Nevada to buy it.
The correlation of Franco Nevada 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 Franco Nevada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franco Nevada 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 Franco Nevada 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
When determining whether Franco Nevada is a strong investment it is important to analyze Franco Nevada's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franco Nevada's future performance. For an informed investment choice regarding Franco Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. 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.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Please note, there is a significant difference between Franco Nevada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franco Nevada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franco Nevada's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.