FirstService Net Debt vs Capital Surpluse Analysis

FSV Stock

USD 191.99 3.55 1.88%

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 Net Debt and its Capital Surpluse 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.

Net Debt vs Capital Surpluse

Net Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstService Corp Net Debt account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.

The correlation between FirstService Corp's Net Debt and Capital Surpluse is 0.87. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Surpluse 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 Net Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of FirstService Corp are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Debt i.e., FirstService Corp's Net Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Surpluse

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 drop to about 560.6 M in 2024. Tax Provision is likely to drop to about 39.1 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	16.0M	25.2M	47.4M	49.7M
Depreciation And Amortization	3.0B	3.4B	127.9M	121.5M

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		0.71	0.68	0.47	0.45	0.81	0.79	0.8	0.68	0.1	0.31	0.6	0.7	0.09	0.6	0.65	0.72	0.86	0.72	0.83	0.56	0.3	0.67	0.63	0.72	0.12
Total Assets	0.71		0.98	0.88	0.75	0.98	0.98	0.97	0.97	-0.02	0.18	0.77	1.0	0.23	0.77	0.99	1.0	0.94	0.96	0.95	0.47	0.3	0.99	0.95	1.0	0.4
Short Long Term Debt Total	0.68	0.98		0.8	0.65	0.95	0.98	0.97	1.0	-0.02	0.16	0.7	0.99	0.22	0.7	0.96	0.99	0.93	0.98	0.94	0.54	0.42	0.99	0.96	0.97	0.34
Other Current Liab	0.47	0.88	0.8		0.89	0.82	0.8	0.76	0.76	-0.22	-0.07	0.85	0.87	0.37	0.85	0.9	0.86	0.77	0.72	0.74	0.12	0.12	0.86	0.76	0.89	0.56
Total Current Liabilities	0.45	0.75	0.65	0.89		0.7	0.68	0.62	0.62	-0.28	0.05	0.89	0.74	0.28	0.89	0.76	0.72	0.66	0.56	0.62	0.22	0.09	0.73	0.57	0.76	0.74
Total Stockholder Equity	0.81	0.98	0.95	0.82	0.7		0.98	0.99	0.94	0.06	0.21	0.73	0.97	0.21	0.73	0.95	0.98	0.96	0.93	0.99	0.48	0.25	0.95	0.91	0.98	0.38
Property Plant And Equipment Net	0.79	0.98	0.98	0.8	0.68	0.98		0.98	0.97	-0.02	0.19	0.73	0.98	0.22	0.73	0.95	0.98	0.97	0.96	0.98	0.58	0.39	0.97	0.92	0.97	0.35
Current Deferred Revenue	0.8	0.97	0.97	0.76	0.62	0.99	0.98		0.97	0.13	0.27	0.67	0.97	0.18	0.67	0.95	0.98	0.95	0.97	0.98	0.52	0.28	0.96	0.95	0.97	0.29
Net Debt	0.68	0.97	1.0	0.76	0.62	0.94	0.97	0.97		0.03	0.18	0.65	0.98	0.2	0.65	0.95	0.98	0.92	0.99	0.94	0.56	0.43	0.98	0.97	0.95	0.31
Retained Earnings	0.1	-0.02	-0.02	-0.22	-0.28	0.06	-0.02	0.13	0.03		0.64	-0.46	-0.03	-0.14	-0.46	0.02	0.0	-0.11	0.07	0.13	-0.11	-0.47	-0.01	0.17	0.0	-0.28
Accounts Payable	0.31	0.18	0.16	-0.07	0.05	0.21	0.19	0.27	0.18	0.64		-0.07	0.17	-0.49	-0.07	0.19	0.18	0.13	0.28	0.28	0.41	-0.37	0.22	0.23	0.19	-0.17
Cash	0.6	0.77	0.7	0.85	0.89	0.73	0.73	0.67	0.65	-0.46	-0.07		0.76	0.28	1.0	0.74	0.75	0.78	0.63	0.65	0.32	0.28	0.74	0.59	0.77	0.53
Non Current Assets Total	0.7	1.0	0.99	0.87	0.74	0.97	0.98	0.97	0.98	-0.03	0.17	0.76		0.23	0.76	0.99	1.0	0.94	0.96	0.95	0.48	0.32	1.0	0.95	0.99	0.41
Non Currrent Assets Other	0.09	0.23	0.22	0.37	0.28	0.21	0.22	0.18	0.2	-0.14	-0.49	0.28	0.23		0.28	0.21	0.22	0.25	0.12	0.16	-0.24	0.27	0.19	0.19	0.21	0.26
Cash And Short Term Investments	0.6	0.77	0.7	0.85	0.89	0.73	0.73	0.67	0.65	-0.46	-0.07	1.0	0.76	0.28		0.74	0.75	0.78	0.63	0.65	0.32	0.28	0.74	0.59	0.77	0.53
Net Receivables	0.65	0.99	0.96	0.9	0.76	0.95	0.95	0.95	0.95	0.02	0.19	0.74	0.99	0.21	0.74		0.99	0.9	0.93	0.92	0.4	0.23	0.99	0.94	0.99	0.4
Good Will	0.72	1.0	0.99	0.86	0.72	0.98	0.98	0.98	0.98	0.0	0.18	0.75	1.0	0.22	0.75	0.99		0.95	0.96	0.96	0.48	0.3	0.99	0.95	0.99	0.39
Common Stock Total Equity	0.86	0.94	0.93	0.77	0.66	0.96	0.97	0.95	0.92	-0.11	0.13	0.78	0.94	0.25	0.78	0.9	0.95		0.92	0.95	0.57	0.42	0.92	0.86	0.93	0.33
Non Current Liabilities Total	0.72	0.96	0.98	0.72	0.56	0.93	0.96	0.97	0.99	0.07	0.28	0.63	0.96	0.12	0.63	0.93	0.96	0.92		0.94	0.6	0.4	0.97	0.96	0.94	0.19
Inventory	0.83	0.95	0.94	0.74	0.62	0.99	0.98	0.98	0.94	0.13	0.28	0.65	0.95	0.16	0.65	0.92	0.96	0.95	0.94		0.54	0.27	0.93	0.9	0.95	0.29
Other Current Assets	0.56	0.47	0.54	0.12	0.22	0.48	0.58	0.52	0.56	-0.11	0.41	0.32	0.48	-0.24	0.32	0.4	0.48	0.57	0.6	0.54		0.6	0.5	0.39	0.44	0.03
Other Stockholder Equity	0.3	0.3	0.42	0.12	0.09	0.25	0.39	0.28	0.43	-0.47	-0.37	0.28	0.32	0.27	0.28	0.23	0.3	0.42	0.4	0.27	0.6		0.31	0.25	0.25	0.02
Total Liab	0.67	0.99	0.99	0.86	0.73	0.95	0.97	0.96	0.98	-0.01	0.22	0.74	1.0	0.19	0.74	0.99	0.99	0.92	0.97	0.93	0.5	0.31		0.95	0.99	0.38
Property Plant And Equipment Gross	0.63	0.95	0.96	0.76	0.57	0.91	0.92	0.95	0.97	0.17	0.23	0.59	0.95	0.19	0.59	0.94	0.95	0.86	0.96	0.9	0.39	0.25	0.95		0.94	0.26
Total Current Assets	0.72	1.0	0.97	0.89	0.76	0.98	0.97	0.97	0.95	0.0	0.19	0.77	0.99	0.21	0.77	0.99	0.99	0.93	0.94	0.95	0.44	0.25	0.99	0.94		0.39
Short Term Debt	0.12	0.4	0.34	0.56	0.74	0.38	0.35	0.29	0.31	-0.28	-0.17	0.53	0.41	0.26	0.53	0.4	0.39	0.33	0.19	0.29	0.03	0.02	0.38	0.26	0.39

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FirstService Corp Account Relationship Matchups

FirstService Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	38.2M	43.2M	44.4M	44.5M	44.8M	40.2M
Total Assets	2.0B	2.2B	2.5B	2.8B	3.6B	3.8B
Short Long Term Debt Total	908.5M	753.7M	823.2M	952.2M	1.4B	1.5B
Other Current Liab	170.3M	345.6M	410.3M	433.4M	537.9M	564.8M
Total Current Liabilities	358.2M	543.8M	618.5M	637.0M	770.8M	452.0M
Total Stockholder Equity	425.9M	660.4M	799.7M	907.5M	1.0B	1.1B
Property Plant And Equipment Net	264.4M	279.8M	297.8M	372.6M	422.5M	443.6M
Current Deferred Revenue	75.6M	92.9M	121.9M	131.9M	177.7M	186.6M
Net Debt	787.3M	569.4M	657.5M	815.9M	1.2B	1.3B
Retained Earnings	(229.9M)	(171.1M)	(67.9M)	17.3M	77.5M	81.4M
Accounts Payable	76.2M	98.5M	100.1M	116.0M	143.3M	112.2M
Cash	121.2M	184.3M	165.7M	136.2M	187.6M	119.1M
Non Current Assets Total	1.3B	1.4B	1.5B	1.7B	2.3B	2.4B
Non Currrent Assets Other	10.4M	15.0M	21.1M	36.9M	34.4M	36.1M
Cash And Short Term Investments	121.2M	184.3M	165.7M	136.2M	187.6M	119.1M
Net Receivables	393.7M	418.9M	551.6M	635.9M	842.2M	884.3M
Good Will	644.8M	703.7M	843.4M	886.1M	1.2B	1.2B
Liabilities And Stockholders Equity	2.0B	2.2B	2.5B	2.8B	3.6B	3.8B
Non Current Liabilities Total	995.3M	799.4M	871.7M	996.6M	1.5B	1.6B
Inventory	94.5M	142.0M	161.4M	242.3M	246.2M	258.5M
Other Current Assets	140.1M	74.2M	86.0M	94.4M	85.0M	71.5M
Other Stockholder Equity	280.7M	59.3M	68.2M	83.0M	90.0M	67.6M
Total Liab	1.4B	1.3B	1.5B	1.6B	2.3B	2.4B
Property Plant And Equipment Gross	264.4M	279.8M	297.8M	372.6M	831.8M	873.3M
Total Current Assets	668.1M	819.3M	964.7M	1.1B	1.4B	1.4B
Accumulated Other Comprehensive Income	(456K)	2.1M	2.0M	(5.9M)	(4.4M)	(4.6M)
Short Term Debt	36.2M	91.8M	105.5M	84.8M	88.0M	58.5M
Intangible Assets	366.2M	378.8M	382.1M	368.5M	628.0M	320.5M
Common Stock	605.4M	770.0M	797.4M	813.0M	855.8M	898.6M
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	11.8M	15.0M	21.1M	38.5M	(18.6M)	(17.6M)
Long Term Debt	761.1M	533.1M	595.4M	698.8M	1.1B	1.2B
Short Long Term Debt	5.5M	56.5M	57.4M	35.7M	37.1M	32.5M
Property Plant Equipment	264.4M	279.8M	297.8M	372.6M	428.4M	449.9M

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