FirstService Investments vs Change To Netincome Analysis

FSV Stock

USD 182.36 2.30 1.28%

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

For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.

Investments vs Change To Netincome

Investments vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstService Corp Investments account and Change To Netincome. At this time, the significance of the direction appears to have pay attention.

The correlation between FirstService Corp's Investments and Change To Netincome is -0.94. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of FirstService Corp, assuming nothing else is changed. The correlation between historical values of FirstService Corp's Investments and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of FirstService Corp are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Investments i.e., FirstService Corp's Investments and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Netincome

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

For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.Selling General Administrative is likely to climb to about 1.2 B in 2025, whereas Tax Provision is likely to drop slightly above 39.1 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	25.2M	47.4M	54.5M	57.2M
Depreciation And Amortization	3.4B	127.9M	147.1M	139.8M

Interest Expense Depreciation And Amortization

FirstService Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.76	0.75	0.58	0.61	0.82	0.81	0.82	0.75	0.21	0.45	0.72	0.75	0.12	0.72	0.72	0.77	0.86	0.77	0.84	0.59	0.33	0.73	0.72	0.76	0.22
Total Assets	0.76		0.99	0.91	0.77	0.98	0.99	0.98	0.98	0.13	0.32	0.78	1.0	0.23	0.78	0.99	1.0	0.92	0.97	0.96	0.49	0.31	1.0	0.97	1.0	0.42
Short Long Term Debt Total	0.75	0.99		0.85	0.71	0.96	0.98	0.98	1.0	0.13	0.31	0.74	0.99	0.22	0.74	0.98	0.99	0.91	0.99	0.95	0.54	0.41	0.99	0.98	0.98	0.37
Other Current Liab	0.58	0.91	0.85		0.88	0.86	0.85	0.83	0.83	-0.07	0.1	0.85	0.9	0.36	0.85	0.93	0.89	0.8	0.8	0.81	0.21	0.16	0.9	0.83	0.92	0.56
Total Current Liabilities	0.61	0.77	0.71	0.88		0.74	0.72	0.69	0.68	-0.12	0.23	0.92	0.76	0.28	0.92	0.78	0.75	0.69	0.64	0.68	0.31	0.15	0.76	0.66	0.78	0.72
Total Stockholder Equity	0.82	0.98	0.96	0.86	0.74		0.99	0.99	0.96	0.18	0.34	0.76	0.98	0.22	0.76	0.97	0.99	0.95	0.95	0.99	0.5	0.28	0.97	0.94	0.98	0.41
Property Plant And Equipment Net	0.81	0.99	0.98	0.85	0.72	0.99		0.99	0.98	0.12	0.32	0.76	0.99	0.22	0.76	0.96	0.99	0.96	0.97	0.99	0.58	0.39	0.98	0.94	0.98	0.38
Current Deferred Revenue	0.82	0.98	0.98	0.83	0.69	0.99	0.99		0.98	0.24	0.39	0.72	0.98	0.19	0.72	0.97	0.99	0.93	0.98	0.99	0.54	0.3	0.97	0.97	0.98	0.33
Net Debt	0.75	0.98	1.0	0.83	0.68	0.96	0.98	0.98		0.17	0.33	0.71	0.99	0.21	0.71	0.97	0.98	0.9	0.99	0.95	0.56	0.42	0.99	0.98	0.97	0.35
Retained Earnings	0.21	0.13	0.13	-0.07	-0.12	0.18	0.12	0.24	0.17		0.66	-0.27	0.12	-0.12	-0.27	0.16	0.15	-0.03	0.21	0.24	-0.05	-0.42	0.14	0.28	0.15	-0.22
Accounts Payable	0.45	0.32	0.31	0.1	0.23	0.34	0.32	0.39	0.33	0.66		0.13	0.31	-0.42	0.13	0.33	0.33	0.23	0.4	0.39	0.47	-0.28	0.35	0.37	0.33	-0.08
Cash	0.72	0.78	0.74	0.85	0.92	0.76	0.76	0.72	0.71	-0.27	0.13		0.78	0.28	1.0	0.77	0.77	0.8	0.69	0.71	0.39	0.31	0.77	0.67	0.78	0.55
Non Current Assets Total	0.75	1.0	0.99	0.9	0.76	0.98	0.99	0.98	0.99	0.12	0.31	0.78		0.24	0.78	0.99	1.0	0.92	0.98	0.96	0.5	0.33	1.0	0.97	0.99	0.42
Non Currrent Assets Other	0.12	0.23	0.22	0.36	0.28	0.22	0.22	0.19	0.21	-0.12	-0.42	0.28	0.24		0.28	0.22	0.23	0.26	0.15	0.18	-0.21	0.28	0.2	0.2	0.22	0.27
Cash And Short Term Investments	0.72	0.78	0.74	0.85	0.92	0.76	0.76	0.72	0.71	-0.27	0.13	1.0	0.78	0.28		0.77	0.77	0.8	0.69	0.71	0.39	0.31	0.77	0.67	0.78	0.55
Net Receivables	0.72	0.99	0.98	0.93	0.78	0.97	0.96	0.97	0.97	0.16	0.33	0.77	0.99	0.22	0.77		0.99	0.88	0.96	0.94	0.44	0.26	0.99	0.96	1.0	0.42
Good Will	0.77	1.0	0.99	0.89	0.75	0.99	0.99	0.99	0.98	0.15	0.33	0.77	1.0	0.23	0.77	0.99		0.92	0.98	0.97	0.5	0.32	1.0	0.97	1.0	0.41
Common Stock Total Equity	0.86	0.92	0.91	0.8	0.69	0.95	0.96	0.93	0.9	-0.03	0.23	0.8	0.92	0.26	0.8	0.88	0.92		0.9	0.94	0.61	0.45	0.9	0.84	0.92	0.37
Non Current Liabilities Total	0.77	0.97	0.99	0.8	0.64	0.95	0.97	0.98	0.99	0.21	0.4	0.69	0.98	0.15	0.69	0.96	0.98	0.9		0.95	0.59	0.39	0.98	0.97	0.96	0.25
Inventory	0.84	0.96	0.95	0.81	0.68	0.99	0.99	0.99	0.95	0.24	0.39	0.71	0.96	0.18	0.71	0.94	0.97	0.94	0.95		0.56	0.3	0.95	0.93	0.97	0.34
Other Current Assets	0.59	0.49	0.54	0.21	0.31	0.5	0.58	0.54	0.56	-0.05	0.47	0.39	0.5	-0.21	0.39	0.44	0.5	0.61	0.59	0.56		0.61	0.51	0.43	0.47	0.08
Other Stockholder Equity	0.33	0.31	0.41	0.16	0.15	0.28	0.39	0.3	0.42	-0.42	-0.28	0.31	0.33	0.28	0.31	0.26	0.32	0.45	0.39	0.3	0.61		0.32	0.28	0.27	0.05
Total Liab	0.73	1.0	0.99	0.9	0.76	0.97	0.98	0.97	0.99	0.14	0.35	0.77	1.0	0.2	0.77	0.99	1.0	0.9	0.98	0.95	0.51	0.32		0.97	0.99	0.4
Property Plant And Equipment Gross	0.72	0.97	0.98	0.83	0.66	0.94	0.94	0.97	0.98	0.28	0.37	0.67	0.97	0.2	0.67	0.96	0.97	0.84	0.97	0.93	0.43	0.28	0.97		0.96	0.31
Total Current Assets	0.76	1.0	0.98	0.92	0.78	0.98	0.98	0.98	0.97	0.15	0.33	0.78	0.99	0.22	0.78	1.0	1.0	0.92	0.96	0.97	0.47	0.27	0.99	0.96		0.41
Short Term Debt	0.22	0.42	0.37	0.56	0.72	0.41	0.38	0.33	0.35	-0.22	-0.08	0.55	0.42	0.27	0.55	0.42	0.41	0.37	0.25	0.34	0.08	0.05	0.4	0.31	0.41

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FirstService Corp Account Relationship Matchups

FirstService Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	43.2M	44.4M	44.5M	44.8M	51.5M	40.2M
Total Assets	2.2B	2.5B	2.8B	3.6B	4.2B	4.4B
Short Long Term Debt Total	753.7M	823.2M	952.2M	1.4B	1.6B	1.7B
Other Current Liab	345.6M	410.3M	433.4M	537.9M	618.6M	649.5M
Total Current Liabilities	543.8M	618.5M	637.0M	770.8M	886.4M	452.0M
Total Stockholder Equity	660.4M	799.7M	907.5M	1.0B	1.2B	1.2B
Property Plant And Equipment Net	279.8M	297.8M	372.6M	422.5M	485.9M	510.2M
Current Deferred Revenue	92.9M	121.9M	131.9M	177.7M	204.3M	214.5M
Net Debt	569.4M	657.5M	815.9M	1.2B	1.4B	1.5B
Retained Earnings	(171.1M)	(67.9M)	17.3M	77.5M	89.1M	93.6M
Accounts Payable	98.5M	100.1M	116.0M	143.3M	164.8M	112.2M
Cash	184.3M	165.7M	136.2M	187.6M	215.8M	119.1M
Non Current Assets Total	1.4B	1.5B	1.7B	2.3B	2.6B	2.7B
Non Currrent Assets Other	15.0M	21.1M	36.9M	34.4M	31.0M	32.5M
Cash And Short Term Investments	184.3M	165.7M	136.2M	187.6M	215.8M	119.1M
Net Receivables	418.9M	551.6M	635.9M	842.2M	968.6M	1.0B
Good Will	703.7M	843.4M	886.1M	1.2B	1.4B	1.4B
Liabilities And Stockholders Equity	2.2B	2.5B	2.8B	3.6B	4.2B	4.4B
Non Current Liabilities Total	799.4M	871.7M	996.6M	1.5B	1.7B	1.8B
Inventory	142.0M	161.4M	242.3M	246.2M	283.1M	297.3M
Other Current Assets	74.2M	86.0M	94.4M	85.0M	97.7M	71.5M
Other Stockholder Equity	59.3M	68.2M	83.0M	90.0M	103.5M	67.6M
Total Liab	1.3B	1.5B	1.6B	2.3B	2.6B	2.7B
Property Plant And Equipment Gross	279.8M	297.8M	372.6M	831.8M	956.5M	1.0B
Total Current Assets	819.3M	964.7M	1.1B	1.4B	1.6B	1.6B
Accumulated Other Comprehensive Income	2.1M	2.0M	(5.9M)	(4.4M)	(3.9M)	(4.1M)
Short Term Debt	91.8M	105.5M	84.8M	88.0M	101.2M	58.5M
Intangible Assets	378.8M	382.1M	368.5M	628.0M	722.2M	758.3M
Common Stock	770.0M	797.4M	813.0M	855.8M	984.2M	1.0B
Other Liab	124.4M	137.4M	154.0M	129.3M	148.7M	86.3M
Net Tangible Assets	(585.2M)	(422.1M)	(425.7M)	(347.1M)	(312.4M)	(328.0M)
Other Assets	15.0M	21.1M	38.5M	(18.6M)	(21.3M)	(20.3M)
Long Term Debt	533.1M	595.4M	698.8M	1.1B	1.3B	1.4B
Short Long Term Debt	56.5M	57.4M	35.7M	37.1M	33.4M	32.5M
Property Plant Equipment	264.4M	279.8M	297.8M	372.6M	428.4M	449.9M

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