Firm Non Currrent Assets Other vs Total Assets Analysis

FC Stock  CAD 11.87  0.03  0.25%   
Firm Capital financial indicator trend analysis is much more than just examining Firm Capital Mortgage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Firm Capital Mortgage is a good investment. Please check the relationship between Firm Capital Non Currrent Assets Other and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Firm Capital Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Firm Capital Mortgage Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Firm Capital's Non Currrent Assets Other and Total Assets is -0.96. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Firm Capital Mortgage, assuming nothing else is changed. The correlation between historical values of Firm Capital's Non Currrent Assets Other 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 Non Currrent Assets Other of Firm Capital Mortgage 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 Non Currrent Assets Other i.e., Firm Capital's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Firm 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 Firm Capital Mortgage 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 Firm Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Firm Capital Mortgage 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 Firm Capital Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Firm Capital's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 12.70, while Selling General Administrative is likely to drop about 1.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit34.2M43.2M41.6M28.6M
Total Revenue34.2M43.2M46.5M29.8M

Firm Capital fundamental ratios Correlations

0.9-0.630.460.960.880.10.61-0.96-0.320.870.940.370.23-0.570.90.410.160.460.61-0.670.920.940.930.90.85
0.9-0.690.630.751.00.090.41-0.87-0.10.820.780.40.51-0.541.00.22-0.050.440.72-0.420.70.710.780.630.86
-0.63-0.69-0.45-0.53-0.69-0.27-0.260.60.07-0.52-0.6-0.02-0.350.43-0.69-0.10.08-0.27-0.50.3-0.41-0.49-0.55-0.44-0.7
0.460.63-0.450.320.65-0.2-0.23-0.350.560.440.25-0.220.19-0.10.62-0.38-0.60.430.88-0.110.20.260.230.170.33
0.960.75-0.530.320.730.10.67-0.93-0.420.810.940.310.02-0.530.750.480.270.440.48-0.760.960.990.920.970.76
0.881.0-0.690.650.730.070.38-0.86-0.070.80.760.380.52-0.531.00.19-0.080.420.73-0.40.680.690.760.610.85
0.10.09-0.27-0.20.10.070.14-0.04-0.280.120.040.170.110.140.090.140.23-0.39-0.18-0.180.080.120.330.190.23
0.610.41-0.26-0.230.670.380.14-0.74-0.90.610.630.42-0.07-0.380.420.960.870.120.2-0.80.680.730.750.770.59
-0.96-0.870.6-0.35-0.93-0.86-0.04-0.740.46-0.84-0.91-0.36-0.190.58-0.87-0.56-0.32-0.35-0.610.74-0.89-0.93-0.9-0.88-0.87
-0.32-0.10.070.56-0.42-0.07-0.28-0.90.46-0.32-0.38-0.450.160.37-0.11-0.92-0.940.070.170.63-0.46-0.48-0.51-0.55-0.32
0.870.82-0.520.440.810.80.120.61-0.84-0.320.820.410.21-0.440.820.510.230.520.6-0.610.770.790.850.780.73
0.940.78-0.60.250.940.760.040.63-0.91-0.380.820.420.21-0.590.780.450.230.490.38-0.580.940.910.890.890.81
0.370.4-0.02-0.220.310.380.170.42-0.36-0.450.410.420.62-0.470.410.390.330.29-0.160.020.470.270.450.310.42
0.230.51-0.350.190.020.520.11-0.07-0.190.160.210.210.62-0.210.51-0.13-0.230.150.10.350.12-0.020.17-0.060.45
-0.57-0.540.43-0.1-0.53-0.530.14-0.380.580.37-0.44-0.59-0.47-0.21-0.54-0.25-0.08-0.55-0.150.22-0.48-0.43-0.41-0.39-0.4
0.91.0-0.690.620.751.00.090.42-0.87-0.110.820.780.410.51-0.540.23-0.050.440.72-0.420.710.710.790.640.86
0.410.22-0.1-0.380.480.190.140.96-0.56-0.920.510.450.39-0.13-0.250.230.950.050.07-0.720.510.550.60.620.42
0.16-0.050.08-0.60.27-0.080.230.87-0.32-0.940.230.230.33-0.23-0.08-0.050.95-0.17-0.18-0.610.320.360.410.450.22
0.460.44-0.270.430.440.42-0.390.12-0.350.070.520.490.290.15-0.550.440.05-0.170.34-0.080.380.310.330.310.22
0.610.72-0.50.880.480.73-0.180.2-0.610.170.60.38-0.160.1-0.150.720.07-0.180.34-0.470.360.480.450.40.51
-0.67-0.420.3-0.11-0.76-0.4-0.18-0.80.740.63-0.61-0.580.020.350.22-0.42-0.72-0.61-0.08-0.47-0.68-0.83-0.74-0.84-0.52
0.920.7-0.410.20.960.680.080.68-0.89-0.460.770.940.470.12-0.480.710.510.320.380.36-0.680.960.910.950.77
0.940.71-0.490.260.990.690.120.73-0.93-0.480.790.910.27-0.02-0.430.710.550.360.310.48-0.830.960.930.980.78
0.930.78-0.550.230.920.760.330.75-0.9-0.510.850.890.450.17-0.410.790.60.410.330.45-0.740.910.930.940.85
0.90.63-0.440.170.970.610.190.77-0.88-0.550.780.890.31-0.06-0.390.640.620.450.310.4-0.840.950.980.940.73
0.850.86-0.70.330.760.850.230.59-0.87-0.320.730.810.420.45-0.40.860.420.220.220.51-0.520.770.780.850.73
Click cells to compare fundamentals

Firm Capital Account Relationship Matchups

Firm Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets479.8M557.9M641.7M656.2M589.6M462.3M
Short Long Term Debt Total159.5M209.4M252.4M251.2M182.8M182.6M
Other Current Liab(21.6M)(1.1M)(76.8M)(75.7M)(27.7M)(29.1M)
Total Current Liabilities21.6M73.7M76.8M75.7M3.1M2.9M
Total Stockholder Equity313.9M343.3M382.7M399.0M399.2M273.7M
Net Debt159.5M209.4M252.4M251.2M173.4M181.9M
Accounts Payable1.3M1.4M2.2M2.7M3.1M1.8M
Non Current Assets Total475.7M553.4M636.8M649.8M1.2B1.2B
Non Currrent Assets Other(479.8M)(557.9M)(636.8M)(649.8M)(574.5M)(603.2M)
Other Assets136.4K224.1K169.2K637.6K(579.9M)(550.9M)
Net Receivables4.0M4.2M4.7M5.7M5.5M4.1M
Common Stock Shares Outstanding39.0M30.5M40.5M40.9M41.1M31.3M
Liabilities And Stockholders Equity479.8M557.9M641.7M656.2M589.6M462.3M
Non Current Liabilities Total140.1M138.2M76.8M75.7M216.8M132.6M
Other Current Assets(4.0M)(4.2M)169.2K637.6K(14.9M)(14.1M)
Other Stockholder Equity1.8M1.9M7.2M11.9M2.6M2.5M
Total Liab165.9M214.5M259.0M257.1M190.4M188.6M
Total Current Assets4.0M4.2M4.7M5.7M14.9M15.6M
Short Term Debt20.3M72.3M74.5M73.0M24.7M46.5M
Common Stock310.2M339.8M376.8M388.9M389.0M309.8M
Other Liab1.2M950.4K1.1M1.4M1.6M1.1M
Net Tangible Assets313.9M343.3M382.7M399.0M458.9M314.0M
Long Term Debt139.2M137.1M177.8M178.3M158.1M161.9M
Long Term Investments475.7M553.4M636.8M649.8M574.5M441.9M
Short Long Term Debt20.3M72.3M74.5M73.0M24.7M23.4M
Accumulated Other Comprehensive Income2.2M3.1M5.3M9.6M9.3M8.9M
Long Term Debt Total139.2M137.1M177.8M178.3M205.0M170.6M
Capital Surpluse1.8M1.9M1.9M2.3M2.7M2.8M
Net Invested Capital473.4M552.7M635.0M650.3M582.0M622.3M
Capital Stock310.2M339.8M376.8M388.9M389.0M382.6M

Pair Trading with Firm 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 Firm 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 Firm Capital will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Firm 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 Firm 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 Firm 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 Firm Capital Mortgage to buy it.
The correlation of Firm 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 Firm Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firm Capital Mortgage 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 Firm 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 CorrelationCorrelation Matching

Other Information on Investing in Firm Stock

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