Comfort Total Revenue vs Total Current Assets Analysis

FIX Stock  USD 433.86  7.46  1.75%   
Comfort Systems financial indicator trend analysis is way more than just evaluating Comfort Systems USA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comfort Systems USA is a good investment. Please check the relationship between Comfort Systems Total Revenue and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Comfort Systems USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comfort Systems USA Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Comfort Systems' Total Revenue and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Comfort Systems USA, assuming nothing else is changed. The correlation between historical values of Comfort Systems' Total Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Comfort Systems USA are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Comfort Systems' Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Comfort Systems USA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Comfort Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comfort Systems USA 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 Comfort Systems USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Comfort Systems' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.17 in 2025, despite the fact that Discontinued Operations is likely to grow to (12.8 K).
 2022 2023 2024 2025 (projected)
Gross Profit741.6M990.5M1.1B1.2B
Total Revenue4.1B5.2B6.0B6.3B

Comfort Systems fundamental ratios Correlations

0.770.760.991.00.960.391.00.990.90.990.270.91.00.380.790.950.32-0.731.00.990.990.90.840.720.72
0.770.580.680.730.720.880.750.720.490.840.280.490.720.220.980.560.03-0.690.790.760.690.860.890.370.37
0.760.580.730.750.560.390.760.770.50.790.660.50.740.280.70.660.31-0.650.760.750.720.750.710.40.4
0.990.680.730.990.970.270.990.990.940.960.20.941.00.40.70.980.34-0.680.990.991.00.860.780.760.76
1.00.730.750.990.960.341.00.990.910.980.260.911.00.370.760.960.32-0.710.990.990.990.880.820.740.74
0.960.720.560.970.960.310.950.950.950.920.00.950.970.390.690.950.2-0.640.960.960.970.840.750.770.77
0.390.880.390.270.340.310.370.320.020.520.320.020.330.030.860.11-0.16-0.50.420.380.280.60.7-0.01-0.01
1.00.750.760.991.00.950.370.990.890.980.280.890.990.330.780.950.32-0.730.990.990.990.890.850.710.71
0.990.720.770.990.990.950.320.990.910.970.240.911.00.440.740.960.33-0.670.990.991.00.870.790.740.74
0.90.490.50.940.910.950.020.890.910.82-0.041.00.920.40.480.970.31-0.540.890.90.940.710.590.810.81
0.990.840.790.960.980.920.520.980.970.820.360.820.970.330.880.890.3-0.770.990.980.960.920.910.650.65
0.270.280.660.20.260.00.320.280.24-0.040.36-0.040.210.060.460.090.52-0.360.270.210.190.320.43-0.05-0.05
0.90.490.50.940.910.950.020.890.911.00.82-0.040.920.40.480.970.31-0.540.890.90.940.710.590.810.81
1.00.720.741.01.00.970.330.991.00.920.970.210.920.410.740.970.31-0.690.990.991.00.880.80.750.75
0.380.220.280.40.370.390.030.330.440.40.330.060.40.410.230.340.40.080.380.340.420.27-0.030.490.49
0.790.980.70.70.760.690.860.780.740.480.880.460.480.740.230.580.16-0.730.810.780.710.860.920.360.36
0.950.560.660.980.960.950.110.950.960.970.890.090.970.970.340.580.31-0.640.940.960.980.770.70.780.78
0.320.030.310.340.320.2-0.160.320.330.310.30.520.310.310.40.160.31-0.290.310.280.320.110.160.320.32
-0.73-0.69-0.65-0.68-0.71-0.64-0.5-0.73-0.67-0.54-0.77-0.36-0.54-0.690.08-0.73-0.64-0.29-0.73-0.74-0.68-0.75-0.84-0.4-0.4
1.00.790.760.990.990.960.420.990.990.890.990.270.890.990.380.810.940.31-0.730.990.990.90.850.710.71
0.990.760.750.990.990.960.380.990.990.90.980.210.90.990.340.780.960.28-0.740.990.990.880.840.720.72
0.990.690.721.00.990.970.280.991.00.940.960.190.941.00.420.710.980.32-0.680.990.990.860.770.760.76
0.90.860.750.860.880.840.60.890.870.710.920.320.710.880.270.860.770.11-0.750.90.880.860.850.550.55
0.840.890.710.780.820.750.70.850.790.590.910.430.590.8-0.030.920.70.16-0.840.850.840.770.850.380.38
0.720.370.40.760.740.77-0.010.710.740.810.65-0.050.810.750.490.360.780.32-0.40.710.720.760.550.381.0
0.720.370.40.760.740.77-0.010.710.740.810.65-0.050.810.750.490.360.780.32-0.40.710.720.760.550.381.0
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Comfort Systems Account Relationship Matchups

Comfort Systems fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B2.2B2.6B3.3B3.8B4.0B
Short Long Term Debt Total252.3M514.8M256.2M256.8M295.3M310.1M
Other Current Liab245.9M235.0M797.9M355.8M409.2M429.7M
Total Current Liabilities692.9M836.6M1.2B1.7B2.0B2.1B
Total Stockholder Equity696.4M805.7M999.9M1.3B1.5B1.5B
Property Plant And Equipment Net117.2M253.3M143.9M414.3M476.4M500.2M
Net Debt180.8M456.0M199.0M51.6M59.4M58.1M
Retained Earnings502.8M628.8M854.6M1.1B1.3B1.4B
Accounts Payable204.1M254.8M337.4M420.0M483.0M507.1M
Cash54.9M58.8M57.2M205.2M235.9M247.7M
Non Current Assets Total945.5M1.2B1.3B1.4B1.6B1.7B
Non Currrent Assets Other132.1M8.7M142.0M15.2M17.5M19.9M
Cash And Short Term Investments54.9M58.8M57.2M205.2M235.9M247.7M
Net Receivables683.8M923.0M1.2B1.6B1.8B1.9B
Common Stock Shares Outstanding36.7M36.5M36.0M35.9M41.3M40.9M
Liabilities And Stockholders Equity1.8B2.2B2.6B3.3B3.8B4.0B
Non Current Liabilities Total368.0M566.9M426.8M306.5M352.5M370.2M
Inventory13.5M21.9M35.3M65.5M75.4M79.1M
Other Current Assets73.2M23.7M48.5M54.3M62.5M33.5M
Other Stockholder Equity193.2M176.5M144.9M129.8M116.8M223.0M
Total Liab1.1B1.4B1.6B2.0B2.3B2.4B
Property Plant And Equipment Gross211.9M418.1M464.2M631.2M725.9M762.2M
Total Current Assets811.9M1.0B1.3B1.9B2.2B2.3B
Short Term Debt16.6M21.8M30.2M29.3M33.7M35.4M
Intangible Assets231.8M304.8M273.9M280.4M252.4M265.0M
Other Liab33.7M51.7M74.0M67.8M77.9M81.8M
Other Assets28.5M132.1M31.6M129.5M148.9M156.4M
Long Term Debt235.7M385.2M247.2M39.3M45.2M43.0M
Good Will464.4M592.1M611.8M666.8M766.9M805.2M
Treasury Stock(104.0M)(129.2M)(150.6M)(187.2M)(168.5M)(160.1M)
Property Plant Equipment109.8M117.2M128.6M143.9M165.5M173.8M
Current Deferred Revenue226.2M321.1M461.8M909.5M1.0B1.1B
Net Tangible Assets92.9M230K(91.2M)114.2M102.8M83.8M
Retained Earnings Total Equity368.7M502.8M628.8M854.6M982.8M1.0B
Capital Surpluse320.2M322.5M327.1M332.1M381.9M352.3M

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