Finning Historical Balance Sheet

FTT Stock

CAD 36.80 0.36 0.97%

Trend analysis of Finning International balance sheet accounts such as Other Current Liabilities of 158.6 M or Total Current Liabilities of 3.7 B provides information on Finning International's total assets, liabilities, and equity, which is the actual value of Finning International to its prevalent stockholders. By breaking down trends over time using Finning International balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Finning International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Finning International is a good buy for the upcoming year.

Finning International Inventory

1.46 Billion

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finning International. 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.

About Finning Balance Sheet Analysis

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

Finning International Balance Sheet Chart

At this time, Finning International's Cash is very stable compared to the past year. As of the 22nd of November 2024, Cash And Short Term Investments is likely to grow to about 294.1 M, while Total Assets are likely to drop about 4.5 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Long Term Debt Total

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Total Assets

Total assets refers to the total amount of Finning International 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 Finning International 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.

Total Current Liabilities

Total Current Liabilities is an item on Finning International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Finning International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Finning International's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Finning International current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Finning International. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	1.8B	2.3B	2.7B	1.5B
Total Assets	6.0B	7.3B	7.6B	4.5B

Short Long Term Debt Total Total Assets

Finning International balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Current Deferred Revenue	Good Will	Intangible Assets
Total Assets		0.94	0.62	0.65	0.95	0.94	0.79	0.96	0.86	0.95	0.19	0.98	-0.33	0.69	0.94	-0.45	-0.07	0.98	0.64	0.98	0.41	0.26	0.32	0.85	0.06	0.77
Short Long Term Debt Total	0.94		0.63	0.72	0.83	0.93	0.93	0.87	0.75	0.92	0.16	0.89	-0.47	0.53	0.92	-0.28	-0.04	0.96	0.71	0.9	0.58	0.06	0.12	0.79	0.26	0.7
Other Current Liab	0.62	0.63		0.83	0.48	0.59	0.66	0.58	0.55	0.66	0.44	0.61	-0.17	0.02	0.56	0.03	0.25	0.67	0.79	0.57	0.74	-0.15	-0.09	0.8	0.27	0.54
Total Current Liabilities	0.65	0.72	0.83		0.46	0.66	0.78	0.57	0.65	0.67	0.26	0.62	-0.16	0.08	0.66	-0.02	0.16	0.71	0.91	0.6	0.92	-0.2	-0.15	0.78	0.34	0.49
Total Stockholder Equity	0.95	0.83	0.48	0.46		0.91	0.58	0.97	0.75	0.91	0.15	0.91	-0.24	0.82	0.81	-0.57	-0.15	0.88	0.55	0.92	0.21	0.52	0.57	0.73	-0.04	0.73
Property Plant And Equipment Net	0.94	0.93	0.59	0.66	0.91		0.78	0.94	0.7	0.98	0.1	0.88	-0.31	0.68	0.82	-0.52	-0.25	0.91	0.73	0.86	0.49	0.27	0.32	0.78	0.17	0.84
Net Debt	0.79	0.93	0.66	0.78	0.58	0.78		0.67	0.66	0.78	0.14	0.75	-0.5	0.25	0.86	-0.04	0.06	0.86	0.7	0.75	0.72	-0.32	-0.26	0.72	0.39	0.61
Retained Earnings	0.96	0.87	0.58	0.57	0.97	0.94	0.67		0.75	0.95	0.15	0.93	-0.31	0.72	0.83	-0.5	-0.17	0.9	0.66	0.91	0.35	0.39	0.43	0.76	0.09	0.82
Accounts Payable	0.86	0.75	0.55	0.65	0.75	0.7	0.66	0.75		0.73	0.2	0.91	-0.1	0.58	0.89	-0.35	0.07	0.88	0.49	0.9	0.33	0.09	0.14	0.81	-0.15	0.57
Non Current Assets Total	0.95	0.92	0.66	0.67	0.91	0.98	0.78	0.95	0.73		0.23	0.9	-0.31	0.65	0.82	-0.44	-0.19	0.93	0.7	0.87	0.47	0.24	0.29	0.83	0.13	0.86
Non Currrent Assets Other	0.19	0.16	0.44	0.26	0.15	0.1	0.14	0.15	0.2	0.23		0.11	0.0	-0.09	0.08	0.51	0.61	0.19	0.2	0.14	0.19	0.02	0.01	0.35	-0.13	-0.07
Net Receivables	0.98	0.89	0.61	0.62	0.91	0.88	0.75	0.93	0.91	0.9	0.11		-0.29	0.68	0.93	-0.48	-0.1	0.97	0.58	0.98	0.35	0.23	0.28	0.82	0.01	0.77
Common Stock Shares Outstanding	-0.33	-0.47	-0.17	-0.16	-0.24	-0.31	-0.5	-0.31	-0.1	-0.31	0.0	-0.29		0.13	-0.36	-0.18	-0.03	-0.37	-0.26	-0.33	-0.29	0.15	0.11	-0.15	-0.78	-0.22
Non Current Liabilities Total	0.69	0.53	0.02	0.08	0.82	0.68	0.25	0.72	0.58	0.65	-0.09	0.68	0.13		0.57	-0.76	-0.38	0.59	0.14	0.68	-0.21	0.64	0.65	0.4	-0.45	0.56
Inventory	0.94	0.92	0.56	0.66	0.81	0.82	0.86	0.83	0.89	0.82	0.08	0.93	-0.36	0.57		-0.34	0.04	0.97	0.57	0.96	0.44	0.02	0.08	0.83	0.07	0.64
Other Current Assets	-0.45	-0.28	0.03	-0.02	-0.57	-0.52	-0.04	-0.5	-0.35	-0.44	0.51	-0.48	-0.18	-0.76	-0.34		0.69	-0.36	-0.1	-0.43	0.2	-0.59	-0.6	-0.3	0.29	-0.59
Other Stockholder Equity	-0.07	-0.04	0.25	0.16	-0.15	-0.25	0.06	-0.17	0.07	-0.19	0.61	-0.1	-0.03	-0.38	0.04	0.69		-0.02	0.07	0.01	0.17	-0.25	-0.23	0.1	0.02	-0.52
Total Liab	0.98	0.96	0.67	0.71	0.88	0.91	0.86	0.9	0.88	0.93	0.19	0.97	-0.37	0.59	0.97	-0.36	-0.02		0.65	0.97	0.48	0.11	0.16	0.88	0.11	0.75
Property Plant And Equipment Gross	0.64	0.71	0.79	0.91	0.55	0.73	0.7	0.66	0.49	0.7	0.2	0.58	-0.26	0.14	0.57	-0.1	0.07	0.65		0.57	0.88	0.01	0.07	0.65	0.48	0.51
Total Current Assets	0.98	0.9	0.57	0.6	0.92	0.86	0.75	0.91	0.9	0.87	0.14	0.98	-0.33	0.68	0.96	-0.43	0.01	0.97	0.57		0.34	0.26	0.32	0.82	0.01	0.67
Short Term Debt	0.41	0.58	0.74	0.92	0.21	0.49	0.72	0.35	0.33	0.47	0.19	0.35	-0.29	-0.21	0.44	0.2	0.17	0.48	0.88	0.34		-0.37	-0.31	0.54	0.59	0.32
Cash	0.26	0.06	-0.15	-0.2	0.52	0.27	-0.32	0.39	0.09	0.24	0.02	0.23	0.15	0.64	0.02	-0.59	-0.25	0.11	0.01	0.26	-0.37		0.99	0.05	-0.32	0.13
Cash And Short Term Investments	0.32	0.12	-0.09	-0.15	0.57	0.32	-0.26	0.43	0.14	0.29	0.01	0.28	0.11	0.65	0.08	-0.6	-0.23	0.16	0.07	0.32	-0.31	0.99		0.1	-0.26	0.15
Current Deferred Revenue	0.85	0.79	0.8	0.78	0.73	0.78	0.72	0.76	0.81	0.83	0.35	0.82	-0.15	0.4	0.83	-0.3	0.1	0.88	0.65	0.82	0.54	0.05	0.1		0.0	0.69
Good Will	0.06	0.26	0.27	0.34	-0.04	0.17	0.39	0.09	-0.15	0.13	-0.13	0.01	-0.78	-0.45	0.07	0.29	0.02	0.11	0.48	0.01	0.59	-0.32	-0.26	0.0		0.11
Intangible Assets	0.77	0.7	0.54	0.49	0.73	0.84	0.61	0.82	0.57	0.86	-0.07	0.77	-0.22	0.56	0.64	-0.59	-0.52	0.75	0.51	0.67	0.32	0.13	0.15	0.69	0.11

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Finning International Account Relationship Matchups

Finning International balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.0B	5.5B	6.0B	7.3B	7.6B	4.5B
Short Long Term Debt Total	2.0B	1.7B	1.8B	2.3B	2.7B	1.5B
Total Current Liabilities	2.0B	1.6B	2.2B	3.4B	3.5B	3.7B
Total Stockholder Equity	2.1B	2.2B	2.3B	2.4B	2.5B	1.6B
Property Plant And Equipment Net	1.4B	1.3B	1.3B	1.4B	1.6B	1.1B
Net Debt	1.7B	1.2B	1.3B	2.0B	2.5B	1.3B
Retained Earnings	1.3B	1.4B	1.6B	1.6B	1.8B	1.1B
Accounts Payable	1.2B	761M	908M	1.4B	1.3B	960.6M
Non Current Assets Total	2.3B	2.2B	2.4B	2.5B	2.6B	1.8B
Non Currrent Assets Other	127M	179M	239M	139M	150M	146.3M
Net Receivables	1.3B	1.1B	1.3B	1.8B	1.7B	960.3M
Common Stock Shares Outstanding	163.5M	162.3M	161.6M	155.1M	147.7M	181.7M
Liabilities And Stockholders Equity	6.0B	5.5B	6.0B	7.3B	7.6B	4.5B
Non Current Liabilities Total	1.8B	1.6B	1.5B	1.4B	1.5B	1.2B
Inventory	2.0B	1.5B	1.7B	2.5B	2.8B	1.5B
Other Current Assets	10M	27M	55M	46M	127M	76.3M
Total Liab	3.9B	3.3B	3.6B	4.8B	5.0B	2.9B
Property Plant And Equipment Gross	1.4B	1.3B	2.6B	2.8B	3.0B	3.2B
Total Current Assets	3.7B	3.2B	3.6B	4.8B	4.9B	2.8B
Accumulated Other Comprehensive Income	228M	218M	212M	273M	220M	231M
Short Term Debt	426M	375M	651M	1.3B	1.5B	1.6B
Cash	268M	539M	502M	288M	152M	288.2M
Cash And Short Term Investments	268M	539M	502M	354M	177M	294.1M
Current Deferred Revenue	360M	374M	428M	544M	507M	383.6M
Good Will	204M	205M	237M	325M	329M	203.6M
Intangible Assets	421M	422M	406M	433M	409M	251.3M
Other Liab	258M	306M	311M	337M	387.6M	301.9M
Net Tangible Assets	1.5B	1.6B	1.7B	1.7B	1.9B	1.8B
Other Assets	172M	230M	265M	296M	340.4M	212.2M
Long Term Debt	1.3B	1.1B	921M	815M	949M	987.6M
Long Term Investments	87M	94M	85M	84M	99M	99.1M
Short Long Term Debt	426M	293M	564M	1.2B	1.4B	1.5B
Property Plant Equipment	1.4B	1.3B	1.3B	1.4B	1.7B	1.3B
Short Term Investments	26M	24M	36M	66M	25M	25.5M
Long Term Debt Total	1.6B	1.3B	1.2B	1.1B	963M	1.1B
Capital Lease Obligations	273M	298M	328M	331M	309M	223.7M

Pair Trading with Finning International

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 Finning International 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 Finning International will appreciate offsetting losses from the drop in the long position's value.

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

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

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Finning Historical Balance Sheet

Finning International Inventory

1.46 Billion

About Finning Balance Sheet Analysis

Finning International Balance Sheet Chart

Total Assets

Total Current Liabilities

Finning International balance sheet Correlations

Finning International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Finning International balance sheet Accounts

Pair Trading with Finning International

Other Information on Investing in Finning Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Net Receivables	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Net Receivables

Good Will	- 0.78	Common Stock Shares Outstanding
Other Current Assets	- 0.76	Non Current Liabilities Total
Cash And Short Term Investments	- 0.6	Other Current Assets
Intangible Assets	- 0.59	Other Current Assets
Cash	- 0.59	Other Current Assets
Other Current Assets	- 0.57	Total Stockholder Equity