FNV Stock | | | USD 122.62 0.34 0.28% |
Franco Nevada financial indicator trend analysis is much more than just examining Franco Nevada latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franco Nevada is a good investment. Please check the relationship between Franco Nevada Other Current Liab and its Cash And Short Term Investments accounts. 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.
For more information on how to buy Franco Stock please use our
How to Invest in Franco Nevada guide.
Other Current Liab vs Cash And Short Term Investments
Other Current Liab vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Franco Nevada Other Current Liab account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Franco Nevada's Other Current Liab and Cash And Short Term Investments is 0.33. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Franco Nevada, assuming nothing else is changed. The correlation between historical values of Franco Nevada's Other Current Liab and Cash And Short Term Investments 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 Current Liab of Franco Nevada are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., Franco Nevada's Other Current Liab and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Franco Nevada balance sheet. This account contains Franco Nevada investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Franco Nevada fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Franco Nevada's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.
For more information on how to buy Franco Stock please use our
How to Invest in Franco Nevada guide.
Enterprise Value is likely to climb to about 23.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 21.7
M in 2024.
Franco Nevada fundamental ratios Correlations
Click cells to compare fundamentals
Franco Nevada Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franco Nevada fundamental ratios Accounts
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Additional Tools for Franco Stock Analysis
When running Franco Nevada's price analysis, check to
measure Franco Nevada'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 Franco Nevada is operating at the current time. Most of Franco Nevada's value examination focuses on studying past and present price action to
predict the probability of Franco Nevada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franco Nevada's price. Additionally, you may evaluate how the addition of Franco Nevada to your portfolios can decrease your overall portfolio volatility.