Firm Interest Expense vs Net Income Analysis

FC Stock

CAD 11.79 0.03 0.26%

Firm Capital financial indicator trend analysis is much more than just examining Firm Capital Mortgage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Firm Capital Mortgage is a good investment. Please check the relationship between Firm Capital Interest Expense and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Firm Capital Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Firm Capital Mortgage Interest Expense account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Firm Capital's Interest Expense and Net Income is 0.91. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Firm Capital Mortgage, assuming nothing else is changed. The correlation between historical values of Firm Capital's Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Firm Capital Mortgage are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Firm Capital's Interest Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Firm Capital Mortgage financial statement analysis. It represents the amount of money remaining after all of Firm Capital Mortgage operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Firm Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Firm Capital Mortgage 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 Firm Capital Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Firm Capital's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 12.70, while Selling General Administrative is likely to drop about 1.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	34.2M	43.2M	41.6M	28.6M
Total Revenue	34.2M	43.2M	46.5M	29.8M

Gross Profit Total Revenue

Firm Capital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Cash	Cash And Short Term Investments	Short Term Debt	Retained Earnings	Common Stock Total Equity	Common Stock	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.9	-0.63	0.46	0.96	0.88	0.1	0.61	-0.96	-0.32	0.87	0.94	0.37	0.23	-0.57	0.9	0.41	0.16	0.46	0.61	-0.67	0.92	0.94	0.93	0.9	0.85
Short Long Term Debt Total	0.9		-0.69	0.63	0.75	1.0	0.09	0.41	-0.87	-0.1	0.82	0.78	0.4	0.51	-0.54	1.0	0.22	-0.05	0.44	0.72	-0.42	0.7	0.71	0.78	0.63	0.86
Other Current Liab	-0.63	-0.69		-0.45	-0.53	-0.69	-0.27	-0.26	0.6	0.07	-0.52	-0.6	-0.02	-0.35	0.43	-0.69	-0.1	0.08	-0.27	-0.5	0.3	-0.41	-0.49	-0.55	-0.44	-0.7
Total Current Liabilities	0.46	0.63	-0.45		0.32	0.65	-0.2	-0.23	-0.35	0.56	0.44	0.25	-0.22	0.19	-0.1	0.62	-0.38	-0.6	0.43	0.88	-0.11	0.2	0.26	0.23	0.17	0.33
Total Stockholder Equity	0.96	0.75	-0.53	0.32		0.73	0.1	0.67	-0.93	-0.42	0.81	0.94	0.31	0.02	-0.53	0.75	0.48	0.27	0.44	0.48	-0.76	0.96	0.99	0.92	0.97	0.76
Net Debt	0.88	1.0	-0.69	0.65	0.73		0.07	0.38	-0.86	-0.07	0.8	0.76	0.38	0.52	-0.53	1.0	0.19	-0.08	0.42	0.73	-0.4	0.68	0.69	0.76	0.61	0.85
Accounts Payable	0.1	0.09	-0.27	-0.2	0.1	0.07		0.14	-0.04	-0.28	0.12	0.04	0.17	0.11	0.14	0.09	0.14	0.23	-0.39	-0.18	-0.18	0.08	0.12	0.33	0.19	0.23
Non Current Assets Total	0.61	0.41	-0.26	-0.23	0.67	0.38	0.14		-0.74	-0.9	0.61	0.63	0.42	-0.07	-0.38	0.42	0.96	0.87	0.12	0.2	-0.8	0.68	0.73	0.75	0.77	0.59
Non Currrent Assets Other	-0.96	-0.87	0.6	-0.35	-0.93	-0.86	-0.04	-0.74		0.46	-0.84	-0.91	-0.36	-0.19	0.58	-0.87	-0.56	-0.32	-0.35	-0.61	0.74	-0.89	-0.93	-0.9	-0.88	-0.87
Other Assets	-0.32	-0.1	0.07	0.56	-0.42	-0.07	-0.28	-0.9	0.46		-0.32	-0.38	-0.45	0.16	0.37	-0.11	-0.92	-0.94	0.07	0.17	0.63	-0.46	-0.48	-0.51	-0.55	-0.32
Net Receivables	0.87	0.82	-0.52	0.44	0.81	0.8	0.12	0.61	-0.84	-0.32		0.82	0.41	0.21	-0.44	0.82	0.51	0.23	0.52	0.6	-0.61	0.77	0.79	0.85	0.78	0.73
Common Stock Shares Outstanding	0.94	0.78	-0.6	0.25	0.94	0.76	0.04	0.63	-0.91	-0.38	0.82		0.42	0.21	-0.59	0.78	0.45	0.23	0.49	0.38	-0.58	0.94	0.91	0.89	0.89	0.81
Non Current Liabilities Total	0.37	0.4	-0.02	-0.22	0.31	0.38	0.17	0.42	-0.36	-0.45	0.41	0.42		0.62	-0.47	0.41	0.39	0.33	0.29	-0.16	0.02	0.47	0.27	0.45	0.31	0.42
Other Current Assets	0.23	0.51	-0.35	0.19	0.02	0.52	0.11	-0.07	-0.19	0.16	0.21	0.21	0.62		-0.21	0.51	-0.13	-0.23	0.15	0.1	0.35	0.12	-0.02	0.17	-0.06	0.45
Other Stockholder Equity	-0.57	-0.54	0.43	-0.1	-0.53	-0.53	0.14	-0.38	0.58	0.37	-0.44	-0.59	-0.47	-0.21		-0.54	-0.25	-0.08	-0.55	-0.15	0.22	-0.48	-0.43	-0.41	-0.39	-0.4
Total Liab	0.9	1.0	-0.69	0.62	0.75	1.0	0.09	0.42	-0.87	-0.11	0.82	0.78	0.41	0.51	-0.54		0.23	-0.05	0.44	0.72	-0.42	0.71	0.71	0.79	0.64	0.86
Total Current Assets	0.41	0.22	-0.1	-0.38	0.48	0.19	0.14	0.96	-0.56	-0.92	0.51	0.45	0.39	-0.13	-0.25	0.23		0.95	0.05	0.07	-0.72	0.51	0.55	0.6	0.62	0.42
Cash	0.16	-0.05	0.08	-0.6	0.27	-0.08	0.23	0.87	-0.32	-0.94	0.23	0.23	0.33	-0.23	-0.08	-0.05	0.95		-0.17	-0.18	-0.61	0.32	0.36	0.41	0.45	0.22
Cash And Short Term Investments	0.46	0.44	-0.27	0.43	0.44	0.42	-0.39	0.12	-0.35	0.07	0.52	0.49	0.29	0.15	-0.55	0.44	0.05	-0.17		0.34	-0.08	0.38	0.31	0.33	0.31	0.22
Short Term Debt	0.61	0.72	-0.5	0.88	0.48	0.73	-0.18	0.2	-0.61	0.17	0.6	0.38	-0.16	0.1	-0.15	0.72	0.07	-0.18	0.34		-0.47	0.36	0.48	0.45	0.4	0.51
Retained Earnings	-0.67	-0.42	0.3	-0.11	-0.76	-0.4	-0.18	-0.8	0.74	0.63	-0.61	-0.58	0.02	0.35	0.22	-0.42	-0.72	-0.61	-0.08	-0.47		-0.68	-0.83	-0.74	-0.84	-0.52
Common Stock Total Equity	0.92	0.7	-0.41	0.2	0.96	0.68	0.08	0.68	-0.89	-0.46	0.77	0.94	0.47	0.12	-0.48	0.71	0.51	0.32	0.38	0.36	-0.68		0.96	0.91	0.95	0.77
Common Stock	0.94	0.71	-0.49	0.26	0.99	0.69	0.12	0.73	-0.93	-0.48	0.79	0.91	0.27	-0.02	-0.43	0.71	0.55	0.36	0.31	0.48	-0.83	0.96		0.93	0.98	0.78
Other Liab	0.93	0.78	-0.55	0.23	0.92	0.76	0.33	0.75	-0.9	-0.51	0.85	0.89	0.45	0.17	-0.41	0.79	0.6	0.41	0.33	0.45	-0.74	0.91	0.93		0.94	0.85
Net Tangible Assets	0.9	0.63	-0.44	0.17	0.97	0.61	0.19	0.77	-0.88	-0.55	0.78	0.89	0.31	-0.06	-0.39	0.64	0.62	0.45	0.31	0.4	-0.84	0.95	0.98	0.94		0.73
Long Term Debt	0.85	0.86	-0.7	0.33	0.76	0.85	0.23	0.59	-0.87	-0.32	0.73	0.81	0.42	0.45	-0.4	0.86	0.42	0.22	0.22	0.51	-0.52	0.77	0.78	0.85	0.73

Click cells to compare fundamentals

Firm Capital Account Relationship Matchups

Firm Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	479.8M	557.9M	641.7M	656.2M	589.6M	462.3M
Short Long Term Debt Total	159.5M	209.4M	252.4M	251.2M	182.8M	182.6M
Other Current Liab	(21.6M)	(1.1M)	(76.8M)	(75.7M)	(27.7M)	(29.1M)
Total Current Liabilities	21.6M	73.7M	76.8M	75.7M	3.1M	2.9M
Total Stockholder Equity	313.9M	343.3M	382.7M	399.0M	399.2M	273.7M
Net Debt	159.5M	209.4M	252.4M	251.2M	173.4M	181.9M
Accounts Payable	1.3M	1.4M	2.2M	2.7M	3.1M	1.8M
Non Current Assets Total	475.7M	553.4M	636.8M	649.8M	1.2B	1.2B
Non Currrent Assets Other	(479.8M)	(557.9M)	(636.8M)	(649.8M)	(574.5M)	(603.2M)
Other Assets	136.4K	224.1K	169.2K	637.6K	(579.9M)	(550.9M)
Net Receivables	4.0M	4.2M	4.7M	5.7M	5.5M	4.1M
Common Stock Shares Outstanding	39.0M	30.5M	40.5M	40.9M	41.1M	31.3M
Liabilities And Stockholders Equity	479.8M	557.9M	641.7M	656.2M	589.6M	462.3M
Non Current Liabilities Total	140.1M	138.2M	76.8M	75.7M	216.8M	132.6M
Other Current Assets	(4.0M)	(4.2M)	169.2K	637.6K	(14.9M)	(14.1M)
Other Stockholder Equity	1.8M	1.9M	7.2M	11.9M	2.6M	2.5M
Total Liab	165.9M	214.5M	259.0M	257.1M	190.4M	188.6M
Total Current Assets	4.0M	4.2M	4.7M	5.7M	14.9M	15.6M
Short Term Debt	20.3M	72.3M	74.5M	73.0M	24.7M	46.5M
Common Stock	310.2M	339.8M	376.8M	388.9M	389.0M	309.8M
Other Liab	1.2M	950.4K	1.1M	1.4M	1.6M	1.1M
Net Tangible Assets	313.9M	343.3M	382.7M	399.0M	458.9M	314.0M
Long Term Debt	139.2M	137.1M	177.8M	178.3M	158.1M	161.9M
Long Term Investments	475.7M	553.4M	636.8M	649.8M	574.5M	441.9M
Short Long Term Debt	20.3M	72.3M	74.5M	73.0M	24.7M	23.4M
Accumulated Other Comprehensive Income	2.2M	3.1M	5.3M	9.6M	9.3M	8.9M
Long Term Debt Total	139.2M	137.1M	177.8M	178.3M	205.0M	170.6M
Capital Surpluse	1.8M	1.9M	1.9M	2.3M	2.7M	2.8M
Net Invested Capital	473.4M	552.7M	635.0M	650.3M	582.0M	622.3M
Capital Stock	310.2M	339.8M	376.8M	388.9M	389.0M	382.6M

Pair Trading with Firm Capital

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 Firm Capital 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 Firm Capital will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Firm Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firm Capital 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 Firm Capital - 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 Firm Capital Mortgage to buy it.

The correlation of Firm Capital 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 Firm Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firm Capital Mortgage 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 Firm Capital 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 Correlation Correlation Matching

Other Information on Investing in Firm Stock

Balance Sheet is a snapshot of the financial position of Firm Capital Mortgage at a specified time, usually calculated after every quarter, six months, or one year. Firm Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Firm Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Firm currently owns. An asset can also be divided into two categories, current and non-current.

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Firm Interest Expense vs Net Income Analysis

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

Correlation Coefficient

Interest Expense

Net Income

Firm Capital fundamental ratios Correlations

Firm Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Firm Capital fundamental ratios Accounts

Pair Trading with Firm Capital

Other Information on Investing in Firm Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Common Stock	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.98	Common Stock
Net Tangible Assets	+ 0.97	Total Stockholder Equity

Non Currrent Assets Other	- 0.96	Total Assets
Cash	- 0.94	Other Assets
Common Stock	- 0.93	Non Currrent Assets Other
Non Currrent Assets Other	- 0.93	Total Stockholder Equity
Total Current Assets	- 0.92	Other Assets
Common Stock Shares Outstanding	- 0.91	Non Currrent Assets Other