Firan Financial Statements From 2010 to 2024

FTG Stock  CAD 7.50  0.11  1.45%   
Firan Technology financial statements provide useful quarterly and yearly information to potential Firan Technology Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Firan Technology financial statements helps investors assess Firan Technology's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Firan Technology's valuation are summarized below:
Gross Profit
26.6 M
Profit Margin
0.065
Market Capitalization
179.1 M
Enterprise Value Revenue
1.3035
Revenue
156.8 M
We have found one hundred twenty available fundamental signals for Firan Technology Group, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Firan Technology's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 31.9 M, while Market Cap is likely to drop about 13 M.

Firan Technology Total Revenue

163.25 Million

Check Firan Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Firan Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.5 M, Interest Expense of 1.6 M or Selling General Administrative of 21.1 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0 or PTB Ratio of 1.34. Firan financial statements analysis is a perfect complement when working with Firan Technology Valuation or Volatility modules.
  
This module can also supplement various Firan Technology Technical models . Check out the analysis of Firan Technology Correlation against competitors.

Firan Technology Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets151.8 M144.6 M73.6 M
Slightly volatile
Short and Long Term Debt Total42.5 M40.5 M15.3 M
Slightly volatile
Other Current Liabilities2.2 M1.6 M1.7 M
Pretty Stable
Total Current Liabilities39.8 M37.9 M21.1 M
Slightly volatile
Total Stockholder Equity71.9 M68.5 M38.9 M
Slightly volatile
Property Plant And Equipment Net47.8 M45.6 M18.1 M
Slightly volatile
Accounts Payable29.4 M28 M14.9 M
Slightly volatile
Cash4.6 M7.6 M6.6 M
Slightly volatile
Non Current Assets Total62.4 M59.4 M25.6 M
Slightly volatile
Cash And Short Term Investments4.6 M7.6 M6.6 M
Slightly volatile
Net Receivables35 M33.3 M18.7 M
Slightly volatile
Common Stock Shares Outstanding18.7 M27.8 M21.4 M
Slightly volatile
Liabilities And Stockholders Equity151.8 M144.6 M73.6 M
Slightly volatile
Non Current Liabilities Total39.1 M37.2 M13 M
Slightly volatile
Inventory44.1 M42 M20.9 M
Slightly volatile
Other Current Assets1.1 M2.2 M1.5 M
Slightly volatile
Other Stockholder Equity7.3 M7.7 M9.8 M
Slightly volatile
Total Liabilities79 M75.2 M34.1 M
Slightly volatile
Property Plant And Equipment Gross115.3 M109.8 M37.2 M
Slightly volatile
Total Current Assets89.4 M85.2 M48 M
Slightly volatile
Short Term Debt3.3 M5.8 M3.5 M
Slightly volatile
Common Stock Total Equity16.1 M25.2 M17.8 M
Slightly volatile
Intangible Assets1.3 MM1.4 M
Pretty Stable
Common Stock17.1 M24.5 M17.8 M
Slightly volatile
Other Liabilities1.3 M907.4 K1.1 M
Pretty Stable
Net Tangible Assets36.9 M55.3 M33.1 M
Slightly volatile
Other Assets11.4 M10.8 M4.9 M
Slightly volatile
Short and Long Term DebtM1.1 M3.6 M
Slightly volatile
Property Plant Equipment14.3 M23.2 M13.3 M
Slightly volatile
Capital Surpluse9.4 M9.5 M8.6 M
Slightly volatile
Deferred Long Term Liabilities296.3 K165.6 K343.8 K
Slightly volatile
Net Invested Capital59.3 M80.2 M54.8 M
Slightly volatile
Net Working Capital36.6 M47.2 M30.9 M
Slightly volatile
Capital Stock17.3 M19.2 M21.1 M
Slightly volatile
Short Term Investments19.8 K28.8 K16.5 K
Slightly volatile
Capital Lease Obligations16 M28.7 M14.4 M
Slightly volatile

Firan Technology Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization8.5 M8.1 M4.5 M
Slightly volatile
Selling General Administrative21.1 M20.1 M12.4 M
Slightly volatile
Total Revenue163.3 M155.5 M92.8 M
Slightly volatile
Gross Profit47.4 M45.2 M23.7 M
Slightly volatile
Other Operating Expenses144.7 M137.9 M86 M
Slightly volatile
EBITDA26.9 M25.6 M11.2 M
Slightly volatile
Cost Of Revenue115.8 M110.3 M69.1 M
Slightly volatile
Total Operating Expenses15.1 M27.5 M16 M
Slightly volatile
Research Development3.9 M7.6 M4.6 M
Slightly volatile
Tax Provision2.7 M2.6 M2.1 M
Slightly volatile
Interest Income36.8 K38.7 K656.3 K
Slightly volatile
Reconciled Depreciation6.1 M7.9 M5.1 M
Slightly volatile

Firan Technology Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow18.9 M18 M7.9 M
Slightly volatile
Depreciation8.3 M7.9 M4.4 M
Slightly volatile
Capital Expenditures3.8 M7.5 M4.6 M
Slightly volatile
End Period Cash Flow4.1 M7.6 M6.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.350.60130.5273
Slightly volatile
PTB Ratio1.341.08151.2834
Pretty Stable
Days Sales Outstanding54.8783.108872.2222
Pretty Stable
Book Value Per Share1.121.66431.6077
Slightly volatile
Average Payables6.4 M7.6 M8.1 M
Very volatile
Capex To Depreciation0.610.64011.1174
Pretty Stable
PB Ratio1.341.08151.2834
Pretty Stable
EV To Sales0.430.7080.585
Slightly volatile
Inventory Turnover5.644.96214.3768
Slightly volatile
Days Of Inventory On Hand62.8673.558190.8572
Slightly volatile
Payables Turnover5.653.35495.0824
Slightly volatile
Sales General And Administrative To Revenue0.150.12920.1407
Slightly volatile
Research And Ddevelopement To Revenue0.00150.00160.0482
Slightly volatile
Capex To Revenue0.07470.04390.0523
Pretty Stable
Cash Per Share0.00340.00360.2627
Slightly volatile
Days Payables Outstanding57.910972.8436
Slightly volatile
Intangibles To Total Assets0.02760.02910.0294
Very volatile
Current Ratio1.531.19782.1259
Very volatile
Tangible Book Value Per Share1.041.58251.5104
Slightly volatile
Receivables Turnover6.044.39185.0932
Very volatile
Graham Number2.412.63182.1633
Slightly volatile
Shareholders Equity Per Share1.111.66431.5848
Slightly volatile
Debt To Equity0.180.1940.2403
Slightly volatile
Capex Per Share0.120.13130.1951
Pretty Stable
Revenue Per Share3.072.99363.8566
Pretty Stable
Interest Debt Per Share0.610.33220.3801
Very volatile
Debt To Assets0.220.11480.1333
Slightly volatile
Enterprise Value Over EBITDA9.827.75249.0617
Pretty Stable
Operating Cycle118157163
Pretty Stable
Price Book Value Ratio1.341.08151.2834
Pretty Stable
Days Of Payables Outstanding57.910972.8436
Slightly volatile
Company Equity Multiplier2.221.69041.8773
Pretty Stable
Long Term Debt To Capitalization0.09670.10170.1314
Slightly volatile
Total Debt To Capitalization0.30.16250.1943
Slightly volatile
Debt Equity Ratio0.180.1940.2403
Slightly volatile
Quick Ratio0.940.73951.2856
Very volatile
Net Income Per E B T0.981.11430.6372
Very volatile
Cash Ratio0.00350.00370.3074
Pretty Stable
Cash Conversion Cycle68.4147.869890.8077
Pretty Stable
Days Of Inventory Outstanding62.8673.558190.8572
Slightly volatile
Days Of Sales Outstanding54.8783.108872.2222
Pretty Stable
Price To Book Ratio1.341.08151.2834
Pretty Stable
Fixed Asset Turnover2.552.67996.9287
Slightly volatile
Enterprise Value Multiple9.827.75249.0617
Pretty Stable
Debt Ratio0.220.11480.1333
Slightly volatile
Price Sales Ratio0.350.60130.5273
Slightly volatile
Asset Turnover1.661.06411.4291
Slightly volatile
Gross Profit Margin0.190.27040.2399
Pretty Stable
Price Fair Value1.341.08151.2834
Pretty Stable

Firan Technology Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap13 M13.7 M44.5 M
Slightly volatile
Enterprise Value31.9 M18.1 M50.1 M
Slightly volatile

Firan Fundamental Market Drivers

Forward Price Earnings15.625
Cash And Short Term Investments6.6 M

About Firan Technology Financial Statements

Firan Technology investors utilize fundamental indicators, such as revenue or net income, to predict how Firan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.1 M2.2 M
Total Revenue155.5 M163.3 M
Cost Of Revenue110.3 M115.8 M
Sales General And Administrative To Revenue 0.13  0.15 
Capex To Revenue 0.04  0.07 
Revenue Per Share 2.99  3.07 
Ebit Per Revenue 0.02  0.02 

Pair Trading with Firan Technology

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 Firan Technology 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 Firan Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Firan Stock

  0.58LCX Lycos EnergyPairCorr
  0.36SCD Scandium CanadaPairCorr
The ability to find closely correlated positions to Firan Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firan Technology 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 Firan Technology - 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 Firan Technology Group to buy it.
The correlation of Firan Technology 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 Firan Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firan Technology 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 Firan Technology 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

Other Information on Investing in Firan Stock

Firan Technology financial ratios help investors to determine whether Firan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Firan with respect to the benefits of owning Firan Technology security.