FirstService Operating Income vs Net Interest Income Analysis

FSV Stock  USD 190.32  1.51  0.79%   
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 Operating Income and its Net Interest Income 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.

Operating Income vs Net Interest Income

Operating Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstService Corp Operating Income account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FirstService Corp's Operating Income and Net Interest Income is -0.35. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Interest Income 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 Operating Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of FirstService Corp are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Operating Income i.e., FirstService Corp's Operating Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from FirstService Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FirstService Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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
0.710.980.880.750.980.980.970.97-0.020.180.771.00.230.770.991.00.940.960.950.470.291.00.951.00.4
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
0.30.290.420.120.090.250.390.280.43-0.47-0.370.280.320.270.280.230.30.420.40.270.60.310.250.250.02
0.671.00.990.860.730.950.970.960.98-0.010.220.741.00.190.740.990.990.920.970.930.50.310.950.990.38
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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