Frontline Total Assets vs Short Long Term Debt Analysis

FRO Stock  USD 22.11  0.09  0.41%   
Frontline financial indicator trend analysis is much more than just examining Frontline latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontline is a good investment. Please check the relationship between Frontline Total Assets and its Short Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontline Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Frontline's Total Assets and Short Long Term Debt is -0.41. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Frontline, assuming nothing else is changed. The correlation between historical values of Frontline's Total Assets and Short Long Term Debt 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 Assets of Frontline are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Frontline's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Frontline 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 Frontline 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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Frontline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontline 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 Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.At this time, Frontline's Selling General Administrative is very stable compared to the past year. As of the 19th of October 2024, Enterprise Value Over EBITDA is likely to grow to 14.31, while Discontinued Operations is likely to drop (123.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit30.6M481M761.4M428.0M
Total Revenue749.4M1.4B1.8B1.9B

Frontline fundamental ratios Correlations

0.940.730.540.880.990.930.680.090.680.880.460.720.50.820.910.60.290.620.940.850.790.45-0.20.170.35
0.940.810.530.750.941.00.50.170.620.850.530.590.570.720.980.720.170.511.00.840.750.42-0.080.030.22
0.730.810.630.530.680.780.32-0.120.630.620.410.70.340.510.750.550.290.340.820.610.840.50.140.070.41
0.540.530.630.470.530.520.210.160.390.490.20.370.410.550.330.430.330.510.530.460.470.99-0.10.040.14
0.880.750.530.470.870.730.880.050.790.950.60.680.550.90.710.640.170.550.750.920.710.41-0.330.260.36
0.990.940.680.530.870.930.660.110.610.880.410.640.50.830.90.580.30.660.930.840.720.45-0.250.140.3
0.931.00.780.520.730.930.470.20.570.850.520.530.570.720.970.730.160.520.990.830.70.42-0.12-0.030.2
0.680.50.320.210.880.660.47-0.180.730.770.620.640.360.650.50.46-0.020.230.50.770.620.17-0.50.290.39
0.090.17-0.120.160.050.110.2-0.18-0.070.160.06-0.280.420.110.140.360.00.150.170.15-0.120.170.040.07-0.37
0.680.620.630.390.790.610.570.73-0.070.780.680.770.620.580.60.66-0.040.140.630.780.810.30.130.460.29
0.880.850.620.490.950.880.850.770.160.780.720.560.690.880.820.820.040.490.850.990.690.42-0.260.130.22
0.460.530.410.20.60.410.520.620.060.680.720.290.660.50.540.87-0.55-0.180.530.790.480.14-0.21-0.010.0
0.720.590.70.370.680.640.530.64-0.280.770.560.290.10.490.570.240.450.360.60.530.950.270.070.380.75
0.50.570.340.410.550.50.570.360.420.620.690.660.10.530.530.83-0.410.060.570.720.260.360.080.29-0.46
0.820.720.510.550.90.830.720.650.110.580.880.50.490.530.650.610.190.690.720.850.550.51-0.330.080.27
0.910.980.750.330.710.90.970.50.140.60.820.540.570.530.650.690.10.430.970.810.720.22-0.050.030.22
0.60.720.550.430.640.580.730.460.360.660.820.870.240.830.610.69-0.340.110.720.860.490.36-0.050.0-0.13
0.290.170.290.330.170.30.16-0.020.0-0.040.04-0.550.45-0.410.190.1-0.340.730.17-0.060.350.310.030.090.65
0.620.510.340.510.550.660.520.230.150.140.49-0.180.360.060.690.430.110.730.50.40.340.5-0.18-0.130.38
0.941.00.820.530.750.930.990.50.170.630.850.530.60.570.720.970.720.170.50.840.760.43-0.070.040.23
0.850.840.610.460.920.840.830.770.150.780.990.790.530.720.850.810.86-0.060.40.840.670.39-0.280.10.18
0.790.750.840.470.710.720.70.62-0.120.810.690.480.950.260.550.720.490.350.340.760.670.350.060.240.68
0.450.420.50.990.410.450.420.170.170.30.420.140.270.360.510.220.360.310.50.430.390.35-0.160.010.1
-0.2-0.080.14-0.1-0.33-0.25-0.12-0.50.040.13-0.26-0.210.070.08-0.33-0.05-0.050.03-0.18-0.07-0.280.06-0.160.24-0.15
0.170.030.070.040.260.14-0.030.290.070.460.13-0.010.380.290.080.030.00.09-0.130.040.10.240.010.240.0
0.350.220.410.140.360.30.20.39-0.370.290.220.00.75-0.460.270.22-0.130.650.380.230.180.680.1-0.150.0
Click cells to compare fundamentals

Frontline Account Relationship Matchups

Frontline fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.9B4.1B4.8B5.9B3.0B
Short Long Term Debt Total2.1B2.2B2.4B2.4B3.5B1.9B
Other Current Liab102.8M88.4M89.2M132.3M138.2M81.7M
Total Current Liabilities848.1M281.4M292.7M391.7M409.1M319.0M
Total Stockholder Equity1.5B1.6B1.7B2.3B2.3B2.4B
Property Plant And Equipment Net3.1B3.4B3.7B3.7B4.6B2.4B
Net Debt1.9B2.0B2.3B2.1B3.2B1.8B
Retained Earnings(174.8M)8.0M(3.1M)436.2M446.0M468.3M
Accounts Payable13.0M7.9M2.3M4K7.8M10.3M
Cash174.2M174.7M113.1M254.5M308.3M323.7M
Non Current Assets Total3.2B3.5B3.8B3.9B5.2B5.4B
Non Currrent Assets Other9.4M7.2M12.7M56.9M355.5M373.3M
Cash And Short Term Investments175.3M177.4M115.5M490.8M315.8M158.7M
Net Receivables104.3M77.2M85.2M1K143.9M151.1M
Common Stock Shares Outstanding179.3M197.8M199.0M214.0M222.6M233.8M
Liabilities And Stockholders Equity3.7B3.9B4.1B4.8B5.9B3.0B
Non Current Liabilities Total1.3B2.0B2.2B2.1B3.2B1.7B
Inventory138.0M92.6M119.3M80.8M245.2M257.5M
Other Current Assets260.1M180.2M217.2M390.2M23.0M21.9M
Other Stockholder Equity1.5B1.4B1.5B1.6B604.7M722.9M
Total Liab2.2B2.3B2.5B2.5B3.6B2.0B
Property Plant And Equipment Gross3.1B3.4B3.7B3.7B5.6B5.9B
Total Current Assets448.5M378.3M332.7M881.1M727.9M485.6M
Accumulated Other Comprehensive Income330K200K228K454K1.0B1.1B
Short Term Debt727.3M179.4M198.0M259.4M263.1M220.9M
Short Term Investments1.1M2.6M2.4M236.3M7.4M7.1M
Common Stock196.9M197.7M203.5M222.6M256.0M208.4M
Current Deferred Revenue304K5.0M5.7M3.1M2.8M2.7M
Net Tangible Assets1.4B1.5B1.5B2.2B2.5B1.5B
Other Assets75.4M8.6M14.1M2.9M1.00.95
Long Term Debt1.3B2.0B2.1B2.1B3.2B1.6B
Long Term Investments15.7M1.3M555K16.3M12.4M20.1M
Short Long Term Debt439.0M167.1M189.3M258.4M262.0M231.1M
Property Plant Equipment3.1B3.4B3.7B3.7B4.3B2.8B
Other Liab1.1M3.7M992K2.1M1.8M1.8M
Long Term Debt Total1.7B1.3B2.0B2.2B2.5B1.6B
Capital Surpluse1.3B1.5B1.4B1.5B1.7B1.3B

Pair Trading with Frontline

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 Frontline 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 Frontline will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Frontline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontline 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 Frontline - 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 Frontline to buy it.
The correlation of Frontline 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 Frontline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontline 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 Frontline 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 Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frontline. If investors know Frontline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frontline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
1.91
Earnings Share
2.67
Revenue Per Share
8.654
Quarterly Revenue Growth
0.084
The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frontline's market value can be influenced by many factors that don't directly affect Frontline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline'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.