FirstCash Financials

FCFS Stock  USD 102.97  2.23  2.12%   
Based on the key indicators obtained from FirstCash's historical financial statements, FirstCash is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in December. At this time, FirstCash's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 3.1 B in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (45.2 M) in 2024. Key indicators impacting FirstCash's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06510.0696
Notably Down
Slightly volatile
Return On Assets0.06120.0511
Fairly Up
Slightly volatile
Return On Equity0.0880.1098
Significantly Down
Slightly volatile
Debt Equity Ratio0.610.8043
Way Down
Slightly volatile
Operating Income708.8 M675.1 M
Sufficiently Up
Slightly volatile
Current Ratio6.443.8934
Way Up
Slightly volatile
The financial analysis of FirstCash is a critical element in measuring its lifeblood. Investors should not minimize FirstCash's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

230.27 Million

  
Understanding current and past FirstCash Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FirstCash's financial statements are interrelated, with each one affecting the others. For example, an increase in FirstCash's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in FirstCash's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of FirstCash. Check FirstCash's Beneish M Score to see the likelihood of FirstCash's management manipulating its earnings.

FirstCash Stock Summary

FirstCash competes with World Acceptance, Enova International, Green Dot, Medallion Financial, and SLM Corp. FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company was incorporated in 1988 and is headquartered in Fort Worth, Texas. Firstcash Holdings operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 17000 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS33767D1054
CUSIP33767D105 33768G107 31942D107
LocationTexas; U.S.A
Business Address1600 West 7th
SectorConsumer Finance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitefirstcash.com
Phone817 335 1100
CurrencyUSD - US Dollar

FirstCash Key Financial Ratios

FirstCash Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.4B3.8B3.9B4.3B4.5B
Other Current Liab4.3M109.4M275.2M147.4M173.9M182.6M
Net Debt865.0M833.6M1.5B1.6B1.8B1.9B
Retained Earnings727.5M789.3M866.7M1.1B1.2B1.3B
Cash46.5M65.9M120.0M117.3M127.0M133.4M
Net Receivables417.8M359.0M584.4M551.9M657.7M690.6M
Inventory265.3M190.4M263.3M288.3M312.1M327.7M
Total Liab1.1B1.1B2.0B2.0B2.3B2.4B
Total Current Assets741.0M624.6M1.1B1.1B1.3B1.4B
Short Term Debt86.5M88.6M90.6M92.9M102.0M107.1M
Other Current Assets11.4M9.4M161.7M173.1M209.8M220.3M
Intangible Assets85.9M83.7M388.2M330.3M277.7M291.6M
Accounts Payable72.4M7.2M23.1M27.4M26.5M21.5M
Other Assets23.2M312.9M14.1M16.8M19.3M31.9M
Long Term Debt631.6M615.9M1.3B1.4B1.6B1.7B
Treasury Stock(512.5M)(609.3M)(652.8M)(809.4M)(728.4M)(692.0M)
Good Will948.6M977.4M1.5B1.6B1.7B1.8B
Net Tangible Assets1.4B1.3B(108.3M)1.9B2.2B2.3B
Capital Surpluse1.2B1.2B1.7B1.7B2.0B1.0B

FirstCash Key Income Statement Accounts

The reason investors look at the income statement is to determine what FirstCash's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense34.0M29.3M32.4M70.7M93.2M97.9M
Total Revenue1.9B1.6B1.7B2.7B3.2B3.3B
Gross Profit1.0B911.1M919.2M1.3B1.5B1.6B
Operating Income259.6M197.5M215.7M397.5M675.1M708.8M
Ebit301.4M173.0M198.9M394.3M386.1M405.4M
Ebitda301.5M215.1M257.6M851.7M906.7M952.0M
Cost Of Revenue846.1M720.1M779.8M1.5B1.6B1.7B
Net Income164.6M106.6M124.9M253.5M219.3M230.3M
Income Tax Expense60.0M37.1M41.6M70.1M73.5M77.2M
Income Before Tax224.6M143.7M166.5M323.6M292.8M307.5M
Non Recurring35.8M41.2M48.8M74.4M85.6M89.9M
Tax Provision60.0M37.1M41.6M70.1M73.2M51.7M
Interest Income1.1M1.5M696K1.3M1.5M2.3M
Net Interest Income(33.0M)(27.8M)(31.7M)(69.4M)(85.2M)(80.9M)

FirstCash Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory5.8M29.2M(27.0M)(3.1M)1.8M1.9M
Change In Cash(25.3M)19.3M54.2M(2.7M)9.7M10.2M
Free Cash Flow187.3M184.7M181.3M433.7M356.0M373.8M
Depreciation41.9M42.1M58.7M457.3M520.6M546.6M
Other Non Cash Items3.8M23.1M40.3M197.5M284.2M298.4M
Capital Expenditures44.3M37.5M42.0M35.6M60.1M63.2M
End Period Cash Flow46.5M65.9M120.0M117.3M127.0M133.4M
Net Income164.6M106.6M124.9M253.5M219.3M230.3M
Dividends Paid44.0M44.8M47.5M59.6M61.9M65.0M
Change To Netincome15.7M39.6M54.5M(54.5M)(62.7M)(59.5M)
Net Borrowings38.9M(23.5M)686M78.2M89.9M101.6M
Investments(137.1M)(20.4M)(744.6M)(121.2M)(506.9M)(481.5M)

FirstCash Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FirstCash's current stock value. Our valuation model uses many indicators to compare FirstCash value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FirstCash competition to find correlations between indicators driving FirstCash's intrinsic value. More Info.
FirstCash is rated below average in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for FirstCash is roughly  1.91 . At this time, FirstCash's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value FirstCash by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

FirstCash Systematic Risk

FirstCash's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FirstCash volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on FirstCash correlated with the market. If Beta is less than 0 FirstCash generally moves in the opposite direction as compared to the market. If FirstCash Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FirstCash is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FirstCash is generally in the same direction as the market. If Beta > 1 FirstCash moves generally in the same direction as, but more than the movement of the benchmark.

FirstCash Thematic Clasifications

FirstCash is part of Retail investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
RetailView
This theme covers USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in FirstCash Stock are looking for potential investment opportunities by analyzing not only static indicators but also various FirstCash's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of FirstCash growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.02)

At this time, FirstCash's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

FirstCash November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FirstCash help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FirstCash. We use our internally-developed statistical techniques to arrive at the intrinsic value of FirstCash based on widely used predictive technical indicators. In general, we focus on analyzing FirstCash Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FirstCash's daily price indicators and compare them against related drivers.

Additional Tools for FirstCash Stock Analysis

When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.