Findev Financials
FDI Stock | CAD 0.46 0.01 2.22% |
Operating Margin 0.9372 | PE Ratio 6.4286 | Profit Margin 0.5776 | Payout Ratio 0.4286 | Short Ratio 4.69 |
Findev | Select Account or Indicator |
Understanding current and past Findev Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Findev's financial statements are interrelated, with each one affecting the others. For example, an increase in Findev's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Findev's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Findev Inc. Check Findev's Beneish M Score to see the likelihood of Findev's management manipulating its earnings.
Findev Stock Summary
Findev competes with Senvest Capital, Fairfax Financial, Bank of Montreal, Bank of Montreal, and Royal Bank. Findev Inc. provides real estate financing secured by investment properties and real estate developments. Findev Inc. was founded in 2001 and is based in Toronto, Canada. FINDEV INC operates under Specialty Finance classification in Canada and is traded on TSX Venture Exchange.Foreign Associate | USA |
Specialization | Financial Services, Mortgage Finance |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
Business Address | 10 Wanless Avenue, |
Sector | Thrifts & Mortgage Finance |
Industry | Financials |
Benchmark | Dow Jones Industrial |
Website | findev.ca |
Phone | 647 789 5188 |
Currency | CAD - Canadian Dollar |
You should never invest in Findev without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Findev Stock, because this is throwing your money away. Analyzing the key information contained in Findev's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Findev Key Financial Ratios
There are many critical financial ratios that Findev's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Findev Inc reports annually and quarterly.Revenue | 3.42 M | ||||
Gross Profit | 2 M | ||||
EBITDA | 2.24 M | ||||
Net Income | 2 M | ||||
Total Asset | 25.1 M |
Findev Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.7M | 18.7M | 23.3M | 24.0M | 25.1M | 17.2M | |
Net Tangible Assets | 16.6M | 17.4M | 18.5M | 23.0M | 26.5M | 13.3M | |
Retained Earnings | (29.7M) | (28.7M) | (24.1M) | (23.5M) | (22.3M) | (23.4M) | |
Accounts Payable | 22.1K | 20.0K | 44.2K | 45.7K | 41.4K | 39.3K | |
Cash | 458.4K | 288.0K | 280.4K | 286.2K | 282.5K | 268.3K | |
Net Receivables | 16.5M | 17.2M | 18.4M | 20.0M | 23.0M | 12.8M | |
Total Liab | 325.8K | 265.4K | 283.7K | 300.9K | 315.9K | 300.1K | |
Total Current Assets | 17.7M | 18.7M | 20.3M | 21.7M | 23.8M | 25.0M |
Findev Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 1.0K | 930.0 | 1.2K | 935.0 | 962.0 | 509.0 | |
Total Revenue | 2.0M | 2.2M | 2.7M | 3.0M | 3.4M | 2.5M | |
Operating Income | 1.7M | 2.0M | 2.4M | 2.8M | 3.1M | 3.3M | |
Ebit | 1.5M | 1.8M | 2.0M | 2.4M | 2.8M | 2.9M | |
Income Before Tax | 1.6M | 1.9M | 2.4M | 2.2M | 3.0M | 3.1M | |
Net Income | 1.7M | 1.9M | 5.4M | 1.5M | 2.0M | 2.1M | |
Net Interest Income | (1.0K) | (930.0) | (1.2K) | (935.0) | (945.0) | (992.25) |
Findev Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 159.4K | (170.4K) | (7.6K) | 5.8K | (3.7K) | (3.5K) | |
Total Cash From Operating Activities | 1.0M | 689.1K | 851.8K | 865.2K | 855.7K | 898.5K | |
Change To Account Receivables | (13.3K) | 16.7K | 16.5K | 38.0K | 34.2K | 32.5K | |
Change To Operating Activities | (1.4K) | (898.0) | (1.2K) | 15.8K | 14.3K | 13.6K | |
Net Income | 1.6M | 1.9M | 5.4M | 1.5M | 2.0M | 2.1M | |
Change To Netincome | (966.6K) | (716.7K) | (1.3M) | (4.6M) | (5.3M) | (5.5M) | |
Change To Liabilities | (10.9K) | 81.1K | 8.5K | 18.3K | 21.0K | 22.1K | |
End Period Cash Flow | 458.4K | 288.0K | 280.4K | 286.2K | 282.5K | 252.6K |
Findev Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Findev's current stock value. Our valuation model uses many indicators to compare Findev value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Findev competition to find correlations between indicators driving Findev's intrinsic value. More Info.Findev Inc is rated below average in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about 0.99 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Findev Inc is roughly 1.01 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Findev's earnings, one of the primary drivers of an investment's value.Findev Inc Systematic Risk
Findev's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Findev 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Findev Inc correlated with the market. If Beta is less than 0 Findev generally moves in the opposite direction as compared to the market. If Findev Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Findev Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Findev is generally in the same direction as the market. If Beta > 1 Findev moves generally in the same direction as, but more than the movement of the benchmark.
Findev Inc Total Assets Over Time
Findev November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Findev help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Findev Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Findev Inc based on widely used predictive technical indicators. In general, we focus on analyzing Findev Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Findev's daily price indicators and compare them against related drivers.
Downside Deviation | 3.51 | |||
Information Ratio | 0.0672 | |||
Maximum Drawdown | 9.64 | |||
Value At Risk | (2.44) | |||
Potential Upside | 4.88 |
Additional Tools for Findev Stock Analysis
When running Findev's price analysis, check to measure Findev'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 Findev is operating at the current time. Most of Findev's value examination focuses on studying past and present price action to predict the probability of Findev's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Findev's price. Additionally, you may evaluate how the addition of Findev to your portfolios can decrease your overall portfolio volatility.