Fiera Price To Sales Ratio vs Average Payables Analysis

FSZ Stock

CAD 9.73 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 Price To Sales Ratio and its Average Payables 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.

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fiera Capital Price To Sales Ratio account and Average Payables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Fiera Capital's Price To Sales Ratio and Average Payables is -0.37. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Payables 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 Price To Sales Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Fiera Capital are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Price To Sales Ratio i.e., Fiera Capital's Price To Sales Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Fiera Capital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Fiera Capital sales, a figure that is much harder to manipulate than other Fiera Capital multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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 29th 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	444.0M	466.2M
Total Revenue	737.8M	664.9M	675.5M	709.3M

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		0.76	0.86	0.78	0.75	0.85	-0.66	0.62	0.91	1.0	0.45	0.91	0.94	0.99	0.91	0.27	0.97	0.61	-0.34	0.96	0.56	0.95	0.72	0.81	0.94	0.88
Other Current Liab	0.76		0.82	0.45	0.63	0.69	-0.63	0.22	0.87	0.74	0.33	0.88	0.89	0.76	0.76	0.37	0.76	0.21	-0.21	0.8	0.56	0.81	0.49	0.51	0.76	0.67
Total Current Liabilities	0.86	0.82		0.45	0.82	0.96	-0.91	0.69	0.93	0.82	0.69	0.93	0.92	0.85	0.85	0.2	0.91	0.58	-0.21	0.92	0.85	0.93	0.67	0.51	0.85	0.79
Total Stockholder Equity	0.78	0.45	0.45		0.25	0.44	-0.15	0.27	0.5	0.82	-0.05	0.51	0.6	0.75	0.59	0.29	0.6	0.3	-0.37	0.58	0.05	0.57	0.55	0.97	0.64	0.72
Property Plant And Equipment Net	0.75	0.63	0.82	0.25		0.81	-0.74	0.71	0.89	0.71	0.7	0.87	0.77	0.71	0.7	-0.06	0.86	0.61	-0.11	0.87	0.77	0.83	0.67	0.33	0.72	0.61
Net Debt	0.85	0.69	0.96	0.44	0.81		-0.93	0.78	0.86	0.82	0.72	0.87	0.85	0.86	0.85	0.24	0.91	0.65	-0.27	0.91	0.89	0.89	0.6	0.5	0.84	0.73
Retained Earnings	-0.66	-0.63	-0.91	-0.15	-0.74	-0.93		-0.76	-0.76	-0.61	-0.82	-0.77	-0.75	-0.69	-0.77	-0.19	-0.78	-0.62	0.13	-0.8	-0.94	-0.79	-0.47	-0.2	-0.75	-0.59
Accounts Payable	0.62	0.22	0.69	0.27	0.71	0.78	-0.76		0.62	0.59	0.86	0.61	0.58	0.62	0.64	-0.03	0.71	0.83	-0.12	0.7	0.69	0.71	0.47	0.26	0.64	0.6
Cash	0.91	0.87	0.93	0.5	0.89	0.86	-0.76	0.62		0.87	0.61	1.0	0.97	0.88	0.87	0.2	0.95	0.54	-0.22	0.96	0.71	0.97	0.67	0.56	0.88	0.82
Non Current Assets Total	1.0	0.74	0.82	0.82	0.71	0.82	-0.61	0.59	0.87		0.39	0.88	0.91	0.98	0.89	0.28	0.95	0.59	-0.36	0.94	0.52	0.92	0.72	0.85	0.93	0.86
Non Currrent Assets Other	0.45	0.33	0.69	-0.05	0.7	0.72	-0.82	0.86	0.61	0.39		0.61	0.55	0.47	0.58	0.09	0.6	0.68	0.02	0.61	0.77	0.65	0.23	-0.07	0.53	0.45
Cash And Short Term Investments	0.91	0.88	0.93	0.51	0.87	0.87	-0.77	0.61	1.0	0.88	0.61		0.97	0.89	0.89	0.29	0.95	0.51	-0.26	0.96	0.72	0.97	0.63	0.57	0.88	0.82
Net Receivables	0.94	0.89	0.92	0.6	0.77	0.85	-0.75	0.58	0.97	0.91	0.55	0.97		0.93	0.94	0.32	0.94	0.51	-0.25	0.96	0.66	0.98	0.63	0.63	0.94	0.88
Good Will	0.99	0.76	0.85	0.75	0.71	0.86	-0.69	0.62	0.88	0.98	0.47	0.89	0.93		0.95	0.36	0.96	0.61	-0.35	0.96	0.58	0.94	0.64	0.76	0.97	0.85
Common Stock Shares Outstanding	0.91	0.76	0.85	0.59	0.7	0.85	-0.77	0.64	0.87	0.89	0.58	0.89	0.94	0.95		0.42	0.93	0.55	-0.25	0.93	0.67	0.93	0.52	0.57	0.98	0.86
Short Term Investments	0.27	0.37	0.2	0.29	-0.06	0.24	-0.19	-0.03	0.2	0.28	0.09	0.29	0.32	0.36	0.42		0.23	-0.18	-0.54	0.22	0.15	0.22	-0.3	0.22	0.3	0.27
Non Current Liabilities Total	0.97	0.76	0.91	0.6	0.86	0.91	-0.78	0.71	0.95	0.95	0.6	0.95	0.94	0.96	0.93	0.23		0.69	-0.3	1.0	0.69	0.97	0.7	0.65	0.94	0.82
Other Current Assets	0.61	0.21	0.58	0.3	0.61	0.65	-0.62	0.83	0.54	0.59	0.68	0.51	0.51	0.61	0.55	-0.18	0.69		-0.06	0.67	0.42	0.67	0.51	0.31	0.61	0.43
Other Stockholder Equity	-0.34	-0.21	-0.21	-0.37	-0.11	-0.27	0.13	-0.12	-0.22	-0.36	0.02	-0.26	-0.25	-0.35	-0.25	-0.54	-0.3	-0.06		-0.28	-0.11	-0.23	-0.14	-0.39	-0.16	-0.14
Total Liab	0.96	0.8	0.92	0.58	0.87	0.91	-0.8	0.7	0.96	0.94	0.61	0.96	0.96	0.96	0.93	0.22	1.0	0.67	-0.28		0.71	0.98	0.7	0.62	0.95	0.83
Property Plant And Equipment Gross	0.56	0.56	0.85	0.05	0.77	0.89	-0.94	0.69	0.71	0.52	0.77	0.72	0.66	0.58	0.67	0.15	0.69	0.42	-0.11	0.71		0.68	0.44	0.13	0.62	0.54
Total Current Assets	0.95	0.81	0.93	0.57	0.83	0.89	-0.79	0.71	0.97	0.92	0.65	0.97	0.98	0.94	0.93	0.22	0.97	0.67	-0.23	0.98	0.68		0.67	0.61	0.94	0.87
Short Term Debt	0.72	0.49	0.67	0.55	0.67	0.6	-0.47	0.47	0.67	0.72	0.23	0.63	0.63	0.64	0.52	-0.3	0.7	0.51	-0.14	0.7	0.44	0.67		0.65	0.62	0.65
Intangible Assets	0.81	0.51	0.51	0.97	0.33	0.5	-0.2	0.26	0.56	0.85	-0.07	0.57	0.63	0.76	0.57	0.22	0.65	0.31	-0.39	0.62	0.13	0.61	0.65		0.64	0.72
Common Stock Total Equity	0.94	0.76	0.85	0.64	0.72	0.84	-0.75	0.64	0.88	0.93	0.53	0.88	0.94	0.97	0.98	0.3	0.94	0.61	-0.16	0.95	0.62	0.94	0.62	0.64		0.87
Common Stock	0.88	0.67	0.79	0.72	0.61	0.73	-0.59	0.6	0.82	0.86	0.45	0.82	0.88	0.85	0.86	0.27	0.82	0.43	-0.14	0.83	0.54	0.87	0.65	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	156.3M	24.0M	215.3M	121.9M	119.4M	65.1M
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	666.9M	700.3M
Retained Earnings	(308.8M)	(398.7M)	(412.9M)	(475.7M)	(506.7M)	(481.3M)
Accounts Payable	52.2M	156.6M	56.5M	65.6M	70.5M	74.0M
Cash	96.2M	68.9M	102.6M	62.2M	65.6M	34.9M
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	22.5M	23.6M
Cash And Short Term Investments	98.9M	72.4M	112.0M	68.2M	75.2M	43.6M
Net Receivables	177.0M	146.0M	216.5M	137.4M	173.6M	87.1M
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	24.9M	95.8M	20.9M	68.2M	19.0M	19.1M
Other Stockholder Equity	21.9M	31.3M	17.5M	19.5M	22.6M	22.9M
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	53.3M	31.3M	14.3M	16.0M	13.1M	16.7M
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 against Fiera Stock

0.9	AEMC	Alaska Energy Metals	Pair Corr
0.84	EOG	Eco Atlantic Oil	Pair Corr
0.59	CMC	Cielo Waste Solutions	Pair Corr
0.32	NZP	Chatham Rock Phosphate	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 Price To Sales Ratio vs Average Payables Analysis

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Average Payables

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 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
Non Currrent Assets Other	- 0.82	Retained Earnings
Total Liab	- 0.8	Retained Earnings
Total Current Assets	- 0.79	Retained Earnings