FirstService Non Current Assets Total vs Total Current Assets Analysis

FSV Stock  USD 192.48  0.49  0.26%   
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 Non Current Assets Total and its Total Current Assets 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstService Corp Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between FirstService Corp's Non Current Assets Total and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets 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 Non Current Assets Total 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 Non Current Assets Total of FirstService Corp 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 Non Current Assets Total i.e., FirstService Corp's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 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 Expense16.0M25.2M47.4M49.7M
Depreciation And Amortization3.0B3.4B127.9M121.5M

FirstService Corp fundamental ratios Correlations

0.710.680.470.450.810.790.80.680.10.310.60.70.090.60.650.720.860.720.830.560.30.670.630.720.12
0.710.980.880.750.980.980.970.97-0.020.180.771.00.230.770.991.00.940.960.950.470.30.990.951.00.4
0.680.980.80.650.950.980.971.0-0.020.160.70.990.220.70.960.990.930.980.940.540.420.990.960.970.34
0.470.880.80.890.820.80.760.76-0.22-0.070.850.870.370.850.90.860.770.720.740.120.120.860.760.890.56
0.450.750.650.890.70.680.620.62-0.280.050.890.740.280.890.760.720.660.560.620.220.090.730.570.760.74
0.810.980.950.820.70.980.990.940.060.210.730.970.210.730.950.980.960.930.990.480.250.950.910.980.38
0.790.980.980.80.680.980.980.97-0.020.190.730.980.220.730.950.980.970.960.980.580.390.970.920.970.35
0.80.970.970.760.620.990.980.970.130.270.670.970.180.670.950.980.950.970.980.520.280.960.950.970.29
0.680.971.00.760.620.940.970.970.030.180.650.980.20.650.950.980.920.990.940.560.430.980.970.950.31
0.1-0.02-0.02-0.22-0.280.06-0.020.130.030.64-0.46-0.03-0.14-0.460.020.0-0.110.070.13-0.11-0.47-0.010.170.0-0.28
0.310.180.16-0.070.050.210.190.270.180.64-0.070.17-0.49-0.070.190.180.130.280.280.41-0.370.220.230.19-0.17
0.60.770.70.850.890.730.730.670.65-0.46-0.070.760.281.00.740.750.780.630.650.320.280.740.590.770.53
0.71.00.990.870.740.970.980.970.98-0.030.170.760.230.760.991.00.940.960.950.480.321.00.950.990.41
0.090.230.220.370.280.210.220.180.2-0.14-0.490.280.230.280.210.220.250.120.16-0.240.270.190.190.210.26
0.60.770.70.850.890.730.730.670.65-0.46-0.071.00.760.280.740.750.780.630.650.320.280.740.590.770.53
0.650.990.960.90.760.950.950.950.950.020.190.740.990.210.740.990.90.930.920.40.230.990.940.990.4
0.721.00.990.860.720.980.980.980.980.00.180.751.00.220.750.990.950.960.960.480.30.990.950.990.39
0.860.940.930.770.660.960.970.950.92-0.110.130.780.940.250.780.90.950.920.950.570.420.920.860.930.33
0.720.960.980.720.560.930.960.970.990.070.280.630.960.120.630.930.960.920.940.60.40.970.960.940.19
0.830.950.940.740.620.990.980.980.940.130.280.650.950.160.650.920.960.950.940.540.270.930.90.950.29
0.560.470.540.120.220.480.580.520.56-0.110.410.320.48-0.240.320.40.480.570.60.540.60.50.390.440.03
0.30.30.420.120.090.250.390.280.43-0.47-0.370.280.320.270.280.230.30.420.40.270.60.310.250.250.02
0.670.990.990.860.730.950.970.960.98-0.010.220.741.00.190.740.990.990.920.970.930.50.310.950.990.38
0.630.950.960.760.570.910.920.950.970.170.230.590.950.190.590.940.950.860.960.90.390.250.950.940.26
0.721.00.970.890.760.980.970.970.950.00.190.770.990.210.770.990.990.930.940.950.440.250.990.940.39
0.120.40.340.560.740.380.350.290.31-0.28-0.170.530.410.260.530.40.390.330.190.290.030.020.380.260.39
Click cells to compare fundamentals

FirstService Corp Account Relationship Matchups

FirstService Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding38.2M43.2M44.4M44.5M44.8M40.2M
Total Assets2.0B2.2B2.5B2.8B3.6B3.8B
Short Long Term Debt Total908.5M753.7M823.2M952.2M1.4B1.5B
Other Current Liab170.3M345.6M410.3M433.4M537.9M564.8M
Total Current Liabilities358.2M543.8M618.5M637.0M770.8M452.0M
Total Stockholder Equity425.9M660.4M799.7M907.5M1.0B1.1B
Property Plant And Equipment Net264.4M279.8M297.8M372.6M422.5M443.6M
Current Deferred Revenue75.6M92.9M121.9M131.9M177.7M186.6M
Net Debt787.3M569.4M657.5M815.9M1.2B1.3B
Retained Earnings(229.9M)(171.1M)(67.9M)17.3M77.5M81.4M
Accounts Payable76.2M98.5M100.1M116.0M143.3M112.2M
Cash121.2M184.3M165.7M136.2M187.6M119.1M
Non Current Assets Total1.3B1.4B1.5B1.7B2.3B2.4B
Non Currrent Assets Other10.4M15.0M21.1M36.9M34.4M36.1M
Cash And Short Term Investments121.2M184.3M165.7M136.2M187.6M119.1M
Net Receivables393.7M418.9M551.6M635.9M842.2M884.3M
Good Will644.8M703.7M843.4M886.1M1.2B1.2B
Liabilities And Stockholders Equity2.0B2.2B2.5B2.8B3.6B3.8B
Non Current Liabilities Total995.3M799.4M871.7M996.6M1.5B1.6B
Inventory94.5M142.0M161.4M242.3M246.2M258.5M
Other Current Assets140.1M74.2M86.0M94.4M85.0M71.5M
Other Stockholder Equity280.7M59.3M68.2M83.0M90.0M67.6M
Total Liab1.4B1.3B1.5B1.6B2.3B2.4B
Property Plant And Equipment Gross264.4M279.8M297.8M372.6M831.8M873.3M
Total Current Assets668.1M819.3M964.7M1.1B1.4B1.4B
Accumulated Other Comprehensive Income(456K)2.1M2.0M(5.9M)(4.4M)(4.6M)
Short Term Debt36.2M91.8M105.5M84.8M88.0M58.5M
Intangible Assets366.2M378.8M382.1M368.5M628.0M320.5M
Common Stock605.4M770.0M797.4M813.0M855.8M898.6M
Other Liab124.4M137.4M154.0M129.3M148.7M86.3M
Net Tangible Assets(585.2M)(422.1M)(425.7M)(347.1M)(312.4M)(328.0M)
Other Assets11.8M15.0M21.1M38.5M(18.6M)(17.6M)
Long Term Debt761.1M533.1M595.4M698.8M1.1B1.2B
Short Long Term Debt5.5M56.5M57.4M35.7M37.1M32.5M
Property Plant Equipment264.4M279.8M297.8M372.6M428.4M449.9M

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