Fairfax Historical Balance Sheet
FFH Stock | CAD 1,986 12.42 0.63% |
Trend analysis of Fairfax Financial Holdings balance sheet accounts such as Total Current Liabilities of 3.9 B or Total Stockholder Equity of 24.1 B provides information on Fairfax Financial's total assets, liabilities, and equity, which is the actual value of Fairfax Financial to its prevalent stockholders. By breaking down trends over time using Fairfax Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Fairfax Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fairfax Financial is a good buy for the upcoming year.
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About Fairfax Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Fairfax Financial at a specified time, usually calculated after every quarter, six months, or one year. Fairfax Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fairfax Financial 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 Fairfax currently owns. An asset can also be divided into two categories, current and non-current.
Fairfax Financial Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Fairfax Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fairfax Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Fairfax Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fairfax Financial Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Long Term Debt
Long-term debt is a debt that Fairfax Financial has held for over one year. Long-term debt appears on Fairfax Financial Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fairfax Financial Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most accounts from Fairfax Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fairfax Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Fairfax Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Fairfax Financial's Retained Earnings are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 151.6 B, though Other Current Liabilities is likely to grow to (3.2 B).
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 7.8B | 10.4B | 10.8B | 11.3B | Total Assets | 86.6B | 92.1B | 92.0B | 96.6B |
Fairfax Financial balance sheet Correlations
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Fairfax Financial Account Relationship Matchups
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Fairfax Financial balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.5B | 74.1B | 86.6B | 92.1B | 92.0B | 96.6B | |
Short Long Term Debt Total | 9.6B | 11.9B | 7.8B | 10.4B | 10.8B | 11.3B | |
Other Current Liab | (4.2B) | (9.6B) | (7.1B) | (11.0B) | (3.4B) | (3.2B) | |
Total Current Liabilities | 4.2B | 9.6B | 10.1B | 11.0B | 3.0B | 3.9B | |
Total Stockholder Equity | 14.4B | 13.9B | 16.4B | 16.7B | 23.0B | 24.1B | |
Property Plant And Equipment Net | 2.7B | 2.8B | 2.3B | 2.9B | 3.3B | 3.4B | |
Net Debt | 4.4B | (7.5B) | (17.6B) | (2.4B) | 5.0B | 5.3B | |
Retained Earnings | 7.4B | 7.1B | 10.0B | 10.5B | 16.9B | 17.7B | |
Non Current Assets Total | 42.8B | 35.0B | 34.9B | 50.7B | 144.4B | 151.6B | |
Non Currrent Assets Other | (42.8B) | (35.0B) | (34.9B) | (50.7B) | (67.2B) | (63.8B) | |
Common Stock Shares Outstanding | 28.1M | 34.7M | 27.8M | 25.3M | 25.0M | 20.8M | |
Liabilities And Stockholders Equity | 70.5B | 74.1B | 86.6B | 92.1B | 92.0B | 96.6B | |
Non Current Liabilities Total | 8.4B | 9.7B | 8.7B | 11.0B | 64.8B | 68.1B | |
Other Current Assets | 10.3B | 9.0B | 10.3B | 10.8B | 12.4B | 8.6B | |
Other Stockholder Equity | (844.2M) | (12.6B) | (303.3M) | (9.5B) | (906.7M) | (952.0M) | |
Total Liab | 52.6B | 56.5B | 65.3B | 71.8B | 64.3B | 67.5B | |
Property Plant And Equipment Gross | 1.3B | 1.2B | 2.7B | 2.8B | 3.2B | 3.3B | |
Total Current Assets | 26.7B | 32.7B | 44.3B | 36.1B | 10.5B | 15.9B | |
Short Term Debt | 853.4M | 1.7B | 647.6M | 693.4M | 790.6M | 830.1M | |
Intangible Assets | 3.2B | 3.1B | 2.8B | 2.8B | 3.3B | 3.4B | |
Other Assets | 1.0B | 6.4B | 7.4B | 5.4B | (63.0B) | (59.8B) | |
Net Receivables | 16.1B | 16.3B | 19.0B | 21.0B | 2.6B | 2.4B | |
Good Will | 3.0B | 3.1B | 3.1B | 2.9B | 3.1B | 1.7B | |
Common Stock Total Equity | 6.9B | 6.9B | 6.8B | 6.7B | 7.7B | 4.5B | |
Accumulated Other Comprehensive Income | (711.7M) | (799M) | (801.7M) | (979.6M) | (349.5M) | (332.0M) | |
Common Stock | 6.8B | 12.5B | 15.0B | 15.3B | 6.0B | 6.9B | |
Accounts Payable | 3.4B | 8.0B | 6.4B | 10.3B | 2.2B | 3.0B | |
Cash | 4.3B | 16.3B | 25.3B | 11.7B | 5.8B | 7.7B | |
Cash And Short Term Investments | 10.6B | 16.3B | 25.3B | 11.7B | 8.0B | 10.5B | |
Short Term Investments | 6.3B | 8.5B | 9.7B | 3.3B | 2.2B | 2.1B | |
Other Liab | 22.9B | 24.5B | 30.3B | 32.7B | 37.6B | 23.7B | |
Net Tangible Assets | 6.8B | 6.3B | 9.1B | 9.7B | 11.1B | 7.4B | |
Long Term Debt | 7.2B | 8.8B | 7.8B | 8.6B | 8.9B | 6.8B | |
Inventory | 694.5M | 645.6M | 547.3M | 668.2M | 768.4M | 426.7M | |
Long Term Investments | 33.9B | 26.1B | 26.7B | 42.1B | 57.6B | 32.9B | |
Short Long Term Debt | 763.4M | 1.9B | 647.6M | 693.4M | 790.6M | 858.5M | |
Property Plant Equipment | 2.7B | 2.8B | 2.3B | 2.9B | 3.3B | 1.7B | |
Long Term Debt Total | 8.7B | 10.3B | 7.8B | 9.7B | 11.2B | 8.5B | |
Treasury Stock | (587.5M) | (661.1M) | (732.8M) | (808.1M) | (727.3M) | (763.7M) | |
Cash And Equivalents | 3M | 0.0 | 554.3M | 40.6M | 36.5M | 34.7M |
Pair Trading with Fairfax Financial
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 Fairfax Financial 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 Fairfax Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Fairfax Stock
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0.8 | SLF-PH | Sun Lif Non | PairCorr |
0.5 | AIM | Aimia Inc | PairCorr |
The ability to find closely correlated positions to Fairfax Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fairfax Financial 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 Fairfax Financial - 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 Fairfax Financial Holdings to buy it.
The correlation of Fairfax Financial 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 Fairfax Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fairfax Financial 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 Fairfax Financial 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.Other Information on Investing in Fairfax Stock
Balance Sheet is a snapshot of the financial position of Fairfax Financial at a specified time, usually calculated after every quarter, six months, or one year. Fairfax Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fairfax Financial 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 Fairfax currently owns. An asset can also be divided into two categories, current and non-current.