FirstCash Selling General Administrative vs Other Operating Expenses Analysis

FCFS Stock  USD 108.67  1.57  1.47%   
FirstCash financial indicator trend analysis is much more than just examining FirstCash latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FirstCash is a good investment. Please check the relationship between FirstCash Selling General Administrative and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstCash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.

Selling General Administrative vs Other Operating Expenses

Selling General Administrative vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstCash Selling General Administrative account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between FirstCash's Selling General Administrative and Other Operating Expenses is 0.62. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of FirstCash, assuming nothing else is changed. The correlation between historical values of FirstCash's Selling General Administrative and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of FirstCash are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling General Administrative i.e., FirstCash's Selling General Administrative and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FirstCash. It is also known as FirstCash overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from FirstCash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FirstCash 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 FirstCash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.Enterprise Value is likely to gain to about 3.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 90.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit919.2M1.3B1.5B1.6B
Total Revenue1.7B2.7B3.2B3.3B

FirstCash fundamental ratios Correlations

0.980.870.980.970.950.970.890.781.00.080.780.980.640.980.880.810.980.850.980.340.880.62-0.010.70.71
0.980.850.970.910.981.00.920.740.99-0.120.740.920.541.00.770.671.00.890.920.180.930.66-0.10.620.63
0.870.850.910.840.780.830.710.780.870.090.780.840.490.850.710.740.860.630.850.320.820.64-0.170.60.61
0.980.970.910.930.960.970.860.730.98-0.040.730.930.580.970.80.750.980.820.930.270.880.66-0.10.670.68
0.970.910.840.930.880.890.820.790.960.280.791.00.730.910.960.90.910.780.990.460.780.520.110.740.75
0.950.980.780.960.880.980.910.660.97-0.170.660.890.550.970.740.650.970.90.880.180.860.59-0.140.620.63
0.971.00.830.970.890.980.920.70.98-0.150.70.90.51.00.750.651.00.890.910.180.930.66-0.130.590.61
0.890.920.710.860.820.910.920.780.9-0.150.780.830.60.920.680.490.910.870.840.080.850.650.010.680.69
0.780.740.780.730.790.660.70.780.750.231.00.790.640.750.720.610.750.60.840.30.770.630.080.720.73
1.00.990.870.980.960.970.980.90.750.010.750.960.620.990.850.770.990.860.960.290.890.62-0.050.680.69
0.08-0.120.09-0.040.28-0.17-0.15-0.150.230.010.230.270.35-0.090.520.55-0.09-0.140.260.73-0.19-0.220.430.260.26
0.780.740.780.730.790.660.70.781.00.750.230.790.640.750.720.610.750.60.840.30.770.630.080.720.73
0.980.920.840.931.00.890.90.830.790.960.270.790.70.920.950.880.930.811.00.440.810.550.110.730.74
0.640.540.490.580.730.550.50.60.640.620.350.640.70.530.740.680.540.390.680.260.340.330.50.930.93
0.981.00.850.970.910.971.00.920.750.99-0.090.750.920.530.770.681.00.880.930.220.940.67-0.110.620.63
0.880.770.710.80.960.740.750.680.720.850.520.720.950.740.770.940.780.660.940.620.610.370.250.730.74
0.810.670.740.750.90.650.650.490.610.770.550.610.880.680.680.940.690.510.860.630.520.290.180.640.64
0.981.00.860.980.910.971.00.910.750.99-0.090.750.930.541.00.780.690.880.930.230.930.67-0.110.630.64
0.850.890.630.820.780.90.890.870.60.86-0.140.60.810.390.880.660.510.880.80.160.810.45-0.130.460.48
0.980.920.850.930.990.880.910.840.840.960.260.841.00.680.930.940.860.930.80.450.840.580.090.730.74
0.340.180.320.270.460.180.180.080.30.290.730.30.440.260.220.620.630.230.160.450.120.0-0.140.350.35
0.880.930.820.880.780.860.930.850.770.89-0.190.770.810.340.940.610.520.930.810.840.120.74-0.240.480.49
0.620.660.640.660.520.590.660.650.630.62-0.220.630.550.330.670.370.290.670.450.580.00.74-0.160.480.49
-0.01-0.1-0.17-0.10.11-0.14-0.130.010.08-0.050.430.080.110.5-0.110.250.18-0.11-0.130.09-0.14-0.24-0.160.270.27
0.70.620.60.670.740.620.590.680.720.680.260.720.730.930.620.730.640.630.460.730.350.480.480.271.0
0.710.630.610.680.750.630.610.690.730.690.260.730.740.930.630.740.640.640.480.740.350.490.490.271.0
Click cells to compare fundamentals

FirstCash Account Relationship Matchups

FirstCash fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.4B3.8B3.9B4.3B4.5B
Short Long Term Debt Total911.5M899.4M1.6B1.7B1.9B2.0B
Other Current Liab4.3M109.4M275.2M147.4M173.9M182.6M
Total Current Liabilities202.9M206.4M390.8M295.5M335.6M352.4M
Total Stockholder Equity1.4B1.3B1.8B1.9B2.0B2.1B
Property Plant And Equipment Net640.7M672.6M768.6M845.7M961.2M1.0B
Net Debt865.0M833.6M1.5B1.6B1.8B1.9B
Retained Earnings727.5M789.3M866.7M1.1B1.2B1.3B
Cash46.5M65.9M120.0M117.3M127.0M133.4M
Non Current Assets Total1.7B1.7B2.7B2.8B3.0B3.1B
Non Currrent Assets Other11.5M9.8M8.5M9.4M10.2M12.5M
Cash And Short Term Investments46.5M65.9M120.0M117.3M127.0M133.4M
Net Receivables417.8M359.0M584.4M551.9M657.7M690.6M
Common Stock Shares Outstanding43.2M41.6M41.0M47.3M45.7M30.9M
Liabilities And Stockholders Equity2.4B2.4B3.8B3.9B4.3B4.5B
Non Current Liabilities Total886.5M882.0M1.6B1.7B2.0B2.1B
Inventory265.3M190.4M263.3M288.3M312.1M327.7M
Other Stockholder Equity719.0M612.5M1.1B925.2M820.9M861.9M
Total Liab1.1B1.1B2.0B2.0B2.3B2.4B
Property Plant And Equipment Gross640.7M672.6M462.5M538.7M1.4B1.5B
Total Current Assets741.0M624.6M1.1B1.1B1.3B1.4B
Accumulated Other Comprehensive Income(97.0M)(118.4M)(131.3M)(106.6M)(43.0M)(45.2M)
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)
Property Plant Equipment336.2M373.7M768.6M538.7M619.5M650.5M
Good Will948.6M977.4M1.5B1.6B1.7B1.8B
Current Deferred Revenue39.7M34.7M57.3M63.1M70.6M74.1M
Net Tangible Assets1.4B1.3B(108.3M)1.9B2.2B2.3B
Retained Earnings Total Equity727.5M789.3M866.7M1.1B1.2B633.1M
Capital Surpluse1.2B1.2B1.7B1.7B2.0B1.0B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.