First National Retained Earnings vs. Total Debt
| FN-PB Preferred Stock | CAD 14.48 0.20 1.36% |
For First National profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First National to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First National Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First National's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First National Financial over time as well as its relative position and ranking within its peers.
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First National Financial Total Debt vs. Retained Earnings Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First National's current stock value. Our valuation model uses many indicators to compare First National value to that of its competitors to determine the firm's financial worth. First National Financial is one of the top stocks in retained earnings category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about 94.64 of Total Debt per Retained Earnings. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First National's earnings, one of the primary drivers of an investment's value.First Total Debt vs. Retained Earnings
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
First National |
| = | 477.8 M |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
First National |
| = | 45.22 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
First Total Debt vs Competition
First National Financial is rated as one of the top companies in total debt category among its peers. Total debt of Financials industry is currently estimated at about 525.7 Billion. First National holds roughly 45.22 Billion in total debt claiming about 9% of equities under Financials industry.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First National. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First National position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First National's important profitability drivers and their relationship over time.
| Retained Earnings vs Revenue | ||
| Net Income vs Total Debt | ||
| Retained Earnings vs Cash Flow From Operations | ||
| Total Asset vs Total Debt |
Use First National in pair-trading
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 First National 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 First National will appreciate offsetting losses from the drop in the long position's value.First National Pair Trading
First National Financial Pair Trading Analysis
The ability to find closely correlated positions to First National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First National 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 First National - 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 First National Financial to buy it.
The correlation of First National 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 First National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First National Financial 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 First National 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.Use Investing Themes to Complement your First National position
In addition to having First National in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for First Preferred Stock Analysis
When running First National's price analysis, check to measure First National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First National is operating at the current time. Most of First National's value examination focuses on studying past and present price action to predict the probability of First National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First National's price. Additionally, you may evaluate how the addition of First National to your portfolios can decrease your overall portfolio volatility.