Frontdoor Investments vs Begin Period Cash Flow Analysis
FTDR Stock | USD 55.41 0.31 0.56% |
Frontdoor financial indicator trend analysis is much more than just examining Frontdoor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontdoor is a good investment. Please check the relationship between Frontdoor Investments and its Begin Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.
Investments vs Begin Period Cash Flow
Investments vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontdoor Investments account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Frontdoor's Investments and Begin Period Cash Flow is -0.52. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Frontdoor, assuming nothing else is changed. The correlation between historical values of Frontdoor's Investments and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Frontdoor are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Investments i.e., Frontdoor's Investments and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from Frontdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontdoor 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 Frontdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.At this time, Frontdoor's Selling General Administrative is relatively stable compared to the past year. As of 12/20/2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Tax Provision is likely to drop slightly above 39.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 1M | 4M | 15M | 15.8M | Tax Provision | 39M | 22M | 53M | 39.5M |
Frontdoor fundamental ratios Correlations
Click cells to compare fundamentals
Frontdoor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Frontdoor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.4B | 1.1B | 1.1B | 1.1B | 962.8M | |
Short Long Term Debt Total | 1B | 993M | 644M | 627M | 610M | 671.1M | |
Other Current Liab | 121M | 154M | 140M | 146M | 136M | 134.8M | |
Total Current Liabilities | 345M | 364M | 403M | 378M | 331M | 353.1M | |
Total Stockholder Equity | (179M) | (61M) | 3M | 61M | 137M | 83.9M | |
Other Liab | 50M | 37M | 41M | 47M | 42.3M | 39.1M | |
Net Tangible Assets | (871M) | (744M) | (669M) | (590M) | (531M) | (557.6M) | |
Property Plant And Equipment Net | 68M | 75M | 83M | 77M | 63M | 64.2M | |
Current Deferred Revenue | 188M | 187M | 155M | 121M | 102M | 203.9M | |
Net Debt | 572M | 396M | 382M | 335M | 285M | 306.8M | |
Accounts Payable | 48M | 55M | 66M | 80M | 76M | 58.7M | |
Cash | 428M | 597M | 262M | 292M | 325M | 364.4M | |
Non Current Assets Total | 789M | 779M | 775M | 752M | 726M | 809.5M | |
Non Currrent Assets Other | 29M | 22M | 21M | 24M | 15M | 20.2M | |
Other Assets | 1M | (1M) | 29M | 37M | 20M | (950K) | |
Long Term Debt | 973M | 968M | 608M | 592M | 577M | 739.4M | |
Cash And Short Term Investments | 435M | 597M | 262M | 292M | 325M | 373.5M | |
Net Receivables | 12M | 11M | 5M | 7M | 6M | 5.7M | |
Short Term Investments | 9M | 7M | 0.0 | 6M | 5M | 8.8M | |
Long Term Debt Total | 973M | 968M | 608M | 592M | 680.8M | 756.8M | |
Liabilities And Stockholders Equity | 1.3B | 1.4B | 1.1B | 1.1B | 1.1B | 962.8M | |
Non Current Liabilities Total | 1.1B | 1.1B | 688M | 657M | 622M | 723.1M | |
Other Current Assets | (1M) | 24M | 26M | 33M | 32M | 25.3M | |
Other Stockholder Equity | 29M | 46M | (34M) | (72M) | (166M) | (157.7M) | |
Total Liab | 1.4B | 1.5B | 1.1B | 1.0B | 953M | 1.2B | |
Property Plant And Equipment Gross | 69M | 75M | 83M | 77M | 169M | 177.5M | |
Total Current Assets | 330M | 461M | 626M | 295M | 363M | 374M | |
Accumulated Other Comprehensive Income | (21M) | (33M) | (18M) | 8M | 6M | 6.3M | |
Non Current Liabilities Other | 27M | 96M | 81M | 65M | 3M | 2.9M | |
Intangible Assets | 191M | 170M | 159M | 148M | 143M | 131M | |
Property Plant Equipment | 47M | 68M | 60M | 66M | 75.9M | 56.9M | |
Net Invested Capital | 641M | 801M | 914M | 628M | 731M | 794.4M | |
Net Working Capital | 97M | 223M | (83M) | (34M) | 32M | 29.3M | |
Retained Earnings | (188M) | (75M) | 53M | 124M | 296M | 310.8M | |
Retained Earnings Total Equity | (188M) | (75M) | 53M | 124M | 142.6M | 149.7M |
Pair Trading with Frontdoor
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 Frontdoor 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 Frontdoor will appreciate offsetting losses from the drop in the long position's value.Moving together with Frontdoor Stock
Moving against Frontdoor Stock
0.84 | BDL | Flanigans Enterprises Earnings Call This Week | PairCorr |
0.75 | WING | Wingstop | PairCorr |
0.69 | CZR | Caesars Entertainment | PairCorr |
0.62 | CDROW | Codere Online Luxembourg | PairCorr |
0.32 | DNUT | Krispy Kreme | PairCorr |
The ability to find closely correlated positions to Frontdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontdoor 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 Frontdoor - 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 Frontdoor to buy it.
The correlation of Frontdoor 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 Frontdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontdoor 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 Frontdoor 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.Additional Tools for Frontdoor Stock Analysis
When running Frontdoor's price analysis, check to measure Frontdoor'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 Frontdoor is operating at the current time. Most of Frontdoor's value examination focuses on studying past and present price action to predict the probability of Frontdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontdoor's price. Additionally, you may evaluate how the addition of Frontdoor to your portfolios can decrease your overall portfolio volatility.