Fiera Net Receivables vs Total Assets Analysis

FSZ Stock

CAD 9.86 0.03 0.31%

Fiera Capital financial indicator trend analysis is much more than just examining Fiera Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fiera Capital is a good investment. Please check the relationship between Fiera Capital Net Receivables and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiera Capital. 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.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fiera Capital Net Receivables account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Fiera Capital's Net Receivables and Total Assets is 0.94. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Fiera Capital, assuming nothing else is changed. The correlation between historical values of Fiera Capital's Net Receivables and Total 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 Net Receivables of Fiera Capital are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Fiera Capital's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Total Assets

Total assets refers to the total amount of Fiera Capital 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 Fiera Capital 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.

Most indicators from Fiera Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fiera Capital 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 Fiera Capital. 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, Fiera Capital's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 1.5 M, while Tax Provision is likely to drop about 11 M.

	2021	2022	2023	2024 (projected)
Gross Profit	385.5M	425.3M	616.6M	647.4M
Total Revenue	737.8M	664.9M	670.5M	704.1M

Gross Profit Total Revenue

Fiera Capital fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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 Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.53	0.86	0.78	0.75	0.85	-0.66	0.9	0.91	1.0	0.45	0.91	0.94	0.99	0.91	0.27	0.97	0.02	0.47	0.96	0.56	0.95	0.42	0.81	0.94	0.88
Other Current Liab	0.53		0.8	0.18	0.49	0.82	-0.87	0.44	0.59	0.5	0.53	0.61	0.62	0.56	0.65	0.28	0.6	-0.79	0.66	0.61	0.89	0.6	0.48	0.26	0.61	0.59
Total Current Liabilities	0.86	0.8		0.45	0.82	0.96	-0.91	0.89	0.93	0.82	0.69	0.93	0.92	0.85	0.85	0.2	0.91	-0.29	0.73	0.92	0.85	0.93	0.64	0.51	0.85	0.79
Total Stockholder Equity	0.78	0.18	0.45		0.25	0.44	-0.15	0.58	0.5	0.82	-0.05	0.51	0.59	0.75	0.59	0.29	0.6	0.2	-0.06	0.58	0.05	0.57	-0.13	0.97	0.64	0.72
Property Plant And Equipment Net	0.75	0.49	0.82	0.25		0.81	-0.74	0.82	0.89	0.71	0.71	0.87	0.77	0.71	0.7	-0.06	0.86	-0.01	0.67	0.87	0.77	0.83	0.85	0.33	0.72	0.61
Net Debt	0.85	0.82	0.96	0.44	0.81		-0.93	0.8	0.86	0.82	0.72	0.87	0.86	0.86	0.85	0.24	0.91	-0.37	0.78	0.91	0.89	0.89	0.66	0.5	0.84	0.73
Retained Earnings	-0.66	-0.87	-0.91	-0.15	-0.74	-0.93		-0.68	-0.77	-0.61	-0.82	-0.77	-0.76	-0.69	-0.77	-0.19	-0.78	0.5	-0.89	-0.8	-0.94	-0.79	-0.74	-0.2	-0.75	-0.59
Accounts Payable	0.9	0.44	0.89	0.58	0.82	0.8	-0.68		0.94	0.87	0.59	0.93	0.92	0.85	0.79	0.11	0.9	0.17	0.53	0.92	0.57	0.94	0.52	0.62	0.82	0.76
Cash	0.91	0.59	0.93	0.5	0.89	0.86	-0.77	0.94		0.87	0.61	1.0	0.97	0.88	0.88	0.21	0.95	-0.05	0.59	0.96	0.72	0.97	0.63	0.56	0.88	0.82
Non Current Assets Total	1.0	0.5	0.82	0.82	0.71	0.82	-0.61	0.87	0.87		0.39	0.88	0.91	0.98	0.89	0.28	0.95	0.04	0.42	0.94	0.52	0.92	0.38	0.85	0.93	0.86
Non Currrent Assets Other	0.45	0.53	0.69	-0.05	0.71	0.72	-0.82	0.59	0.61	0.39		0.61	0.56	0.47	0.58	0.09	0.6	-0.28	0.76	0.61	0.76	0.65	0.77	-0.07	0.53	0.45
Cash And Short Term Investments	0.91	0.61	0.93	0.51	0.87	0.87	-0.77	0.93	1.0	0.88	0.61		0.97	0.89	0.89	0.29	0.95	-0.08	0.59	0.96	0.73	0.97	0.61	0.56	0.88	0.82
Net Receivables	0.94	0.62	0.92	0.59	0.77	0.86	-0.76	0.92	0.97	0.91	0.56	0.97		0.94	0.94	0.32	0.95	-0.1	0.57	0.96	0.66	0.98	0.5	0.62	0.94	0.87
Good Will	0.99	0.56	0.85	0.75	0.71	0.86	-0.69	0.85	0.88	0.98	0.47	0.89	0.94		0.95	0.36	0.96	-0.04	0.52	0.96	0.58	0.94	0.44	0.76	0.97	0.85
Common Stock Shares Outstanding	0.91	0.65	0.85	0.59	0.7	0.85	-0.77	0.79	0.88	0.89	0.58	0.89	0.94	0.95		0.42	0.93	-0.22	0.6	0.93	0.67	0.93	0.52	0.57	0.98	0.86
Short Term Investments	0.27	0.28	0.2	0.29	-0.06	0.24	-0.19	0.11	0.21	0.28	0.09	0.29	0.32	0.36	0.42		0.23	-0.29	0.09	0.22	0.15	0.22	-0.07	0.22	0.3	0.27
Non Current Liabilities Total	0.97	0.6	0.91	0.6	0.86	0.91	-0.78	0.9	0.95	0.95	0.6	0.95	0.95	0.96	0.93	0.23		-0.06	0.62	1.0	0.69	0.97	0.6	0.65	0.94	0.82
Other Current Assets	0.02	-0.79	-0.29	0.2	-0.01	-0.37	0.5	0.17	-0.05	0.04	-0.28	-0.08	-0.1	-0.04	-0.22	-0.29	-0.06		-0.34	-0.06	-0.61	-0.06	-0.2	0.17	-0.13	-0.2
Other Stockholder Equity	0.47	0.66	0.73	-0.06	0.67	0.78	-0.89	0.53	0.59	0.42	0.76	0.59	0.57	0.52	0.6	0.09	0.62	-0.34		0.63	0.82	0.59	0.77	-0.01	0.58	0.27
Total Liab	0.96	0.61	0.92	0.58	0.87	0.91	-0.8	0.92	0.96	0.94	0.61	0.96	0.96	0.96	0.93	0.22	1.0	-0.06	0.63		0.71	0.98	0.61	0.62	0.95	0.83
Property Plant And Equipment Gross	0.56	0.89	0.85	0.05	0.77	0.89	-0.94	0.57	0.72	0.52	0.76	0.73	0.66	0.58	0.67	0.15	0.69	-0.61	0.82	0.71		0.68	0.79	0.13	0.62	0.54
Total Current Assets	0.95	0.6	0.93	0.57	0.83	0.89	-0.79	0.94	0.97	0.92	0.65	0.97	0.98	0.94	0.93	0.22	0.97	-0.06	0.59	0.98	0.68		0.56	0.61	0.94	0.87
Short Term Debt	0.42	0.48	0.64	-0.13	0.85	0.66	-0.74	0.52	0.63	0.38	0.77	0.61	0.5	0.44	0.52	-0.07	0.6	-0.2	0.77	0.61	0.79	0.56		-0.09	0.5	0.33
Intangible Assets	0.81	0.26	0.51	0.97	0.33	0.5	-0.2	0.62	0.56	0.85	-0.07	0.56	0.62	0.76	0.57	0.22	0.65	0.17	-0.01	0.62	0.13	0.61	-0.09		0.64	0.72
Common Stock Total Equity	0.94	0.61	0.85	0.64	0.72	0.84	-0.75	0.82	0.88	0.93	0.53	0.88	0.94	0.97	0.98	0.3	0.94	-0.13	0.58	0.95	0.62	0.94	0.5	0.64		0.87
Common Stock	0.88	0.59	0.79	0.72	0.61	0.73	-0.59	0.76	0.82	0.86	0.45	0.82	0.87	0.85	0.86	0.27	0.82	-0.2	0.27	0.83	0.54	0.87	0.33	0.72	0.87

Click cells to compare fundamentals

Fiera Capital Account Relationship Matchups

Fiera Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.5B	1.5B	1.3B	1.3B	842.5M
Other Current Liab	76.2M	43.9M	64.9M	58.4M	135.5M	142.3M
Total Current Liabilities	270.7M	222.3M	300.0M	225.9M	228.7M	240.1M
Total Stockholder Equity	542.8M	468.0M	415.3M	341.0M	322.6M	341.2M
Property Plant And Equipment Net	152.7M	117.4M	104.0M	90.9M	69.1M	36.5M
Net Debt	682.1M	682.6M	607.0M	684.1M	665.1M	698.4M
Retained Earnings	(308.8M)	(398.7M)	(412.9M)	(475.7M)	(506.7M)	(481.3M)
Accounts Payable	176.1M	159.6M	217.2M	140.3M	70.5M	73.2M
Cash	96.2M	68.9M	102.6M	62.2M	67.4M	35.1M
Non Current Assets Total	1.4B	1.2B	1.1B	1.1B	1.0B	694.2M
Non Currrent Assets Other	8.3M	42.3M	31.9M	23.8M	22.2M	23.3M
Cash And Short Term Investments	98.9M	72.4M	112.0M	68.2M	77.0M	43.7M
Net Receivables	177.0M	146.0M	216.5M	146.7M	173.6M	87.6M
Good Will	687.9M	645.4M	641.3M	651.0M	647.4M	379.7M
Common Stock Shares Outstanding	99.0M	104.1M	116.5M	104.2M	131.8M	68.8M
Short Term Investments	2.7M	3.5M	9.4M	6.0M	9.6M	6.3M
Liabilities And Stockholders Equity	1.7B	1.5B	1.5B	1.3B	1.3B	842.5M
Non Current Liabilities Total	892.4M	815.5M	754.0M	756.6M	732.0M	384.9M
Other Current Assets	16.8M	17.3M	16.4M	35.3M	(250.6M)	(238.1M)
Other Stockholder Equity	334.1M	430.1M	433.7M	968.0M	529.3M	555.8M
Total Liab	1.2B	1.0B	1.1B	982.5M	960.7M	499.0M
Property Plant And Equipment Gross	152.7M	117.4M	130.7M	122.5M	182.8M	192.0M
Total Current Assets	300.8M	314.2M	349.3M	250.3M	267.9M	148.4M
Accumulated Other Comprehensive Income	15.8M	5.8M	(27.7M)	(16.7M)	(22.7M)	(21.5M)
Short Term Debt	16.6M	15.6M	14.3M	16.0M	13.1M	10.4M
Intangible Assets	516.9M	338.7M	293.3M	260.1M	223.5M	277.6M
Common Stock	810.5M	829.6M	835.1M	341.0M	829.4M	551.4M
Short Long Term Debt Total	778.4M	751.4M	709.5M	746.3M	732.5M	460.2M
Current Deferred Revenue	1.8M	3.3M	3.6M	11.2M	9.6M	10.1M
Inventory	36.7M	8.1M	78.5M	4.5M	(2.5M)	0.95
Other Liab	127.1M	68.2M	58.7M	26.2M	23.6M	22.4M
Net Tangible Assets	(662.0M)	(516.1M)	(519.3M)	(570.0M)	(513.0M)	(538.6M)
Other Assets	31.3M	(70K)	63.1M	56.0M	64.4M	67.6M
Long Term Debt	632.5M	735.8M	603.7M	651.6M	654.9M	529.4M
Long Term Investments	16.8M	16.3M	21.1M	21.2M	29.6M	31.1M
Short Long Term Debt	1.4M	388K	16.6M	15.6M	14.1M	13.4M
Property Plant Equipment	152.7M	117.4M	104.0M	90.9M	104.5M	60.0M
Long Term Debt Total	761.7M	735.8M	695.3M	730.3M	839.9M	616.9M

Pair Trading with Fiera Capital

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 Fiera Capital 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 Fiera Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fiera Stock

0.65

ASM

Avino Silver Gold

Pair Corr

Moving against Fiera Stock

0.77

VCM

Vecima Networks

Pair Corr

The ability to find closely correlated positions to Fiera Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiera Capital 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 Fiera Capital - 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 Fiera Capital to buy it.

The correlation of Fiera Capital 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 Fiera Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiera Capital 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 Fiera Capital 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.

Pair Correlation Correlation Matching

Other Information on Investing in Fiera Stock

Balance Sheet is a snapshot of the financial position of Fiera Capital at a specified time, usually calculated after every quarter, six months, or one year. Fiera Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fiera Capital 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 Fiera currently owns. An asset can also be divided into two categories, current and non-current.

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Fiera Net Receivables vs Total Assets Analysis

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Total Assets

Fiera Capital fundamental ratios Correlations

Fiera Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fiera Capital fundamental ratios Accounts

Pair Trading with Fiera Capital

Moving together with Fiera Stock

Moving against Fiera Stock

Other Information on Investing in Fiera Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Good Will	+ 0.99	Total Assets
Good Will	+ 0.98	Non Current Assets Total
Total Current Assets	+ 0.98	Net Receivables

Property Plant And Equipment Gross	- 0.94	Retained Earnings
Retained Earnings	- 0.93	Net Debt
Retained Earnings	- 0.91	Total Current Liabilities
Other Stockholder Equity	- 0.89	Retained Earnings
Retained Earnings	- 0.87	Other Current Liab
Non Currrent Assets Other	- 0.82	Retained Earnings