FirstCash Total Assets vs Net Invested Capital Analysis

FCFS Stock

USD 108.86 0.19 0.17%

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

For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstCash Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between FirstCash's Total Assets and Net Invested Capital is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of FirstCash, assuming nothing else is changed. The correlation between historical values of FirstCash's Total Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of FirstCash are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., FirstCash's Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of FirstCash 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 FirstCash 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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from FirstCash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FirstCash 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 FirstCash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.Enterprise Value is likely to gain to about 6.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 90.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	919.2M	1.3B	1.5B	1.6B
Total Revenue	1.7B	2.7B	3.2B	3.3B

Gross Profit Total Revenue

FirstCash fundamental ratios 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.87	0.98	0.97	0.95	0.97	0.89	0.78	1.0	0.08	0.78	0.98	0.64	0.98	0.88	0.81	0.98	0.85	0.98	0.34	0.88	0.62	-0.01	0.7	0.71
Short Long Term Debt Total	0.98		0.85	0.97	0.91	0.98	1.0	0.92	0.74	0.99	-0.12	0.74	0.92	0.54	1.0	0.77	0.67	1.0	0.89	0.92	0.18	0.93	0.66	-0.1	0.62	0.63
Other Current Liab	0.87	0.85		0.91	0.84	0.78	0.83	0.71	0.78	0.87	0.09	0.78	0.84	0.49	0.85	0.71	0.74	0.86	0.63	0.85	0.32	0.82	0.64	-0.17	0.6	0.61
Total Current Liabilities	0.98	0.97	0.91		0.93	0.96	0.97	0.86	0.73	0.98	-0.04	0.73	0.93	0.58	0.97	0.8	0.75	0.98	0.82	0.93	0.27	0.88	0.66	-0.1	0.67	0.68
Total Stockholder Equity	0.97	0.91	0.84	0.93		0.88	0.89	0.82	0.79	0.96	0.28	0.79	1.0	0.73	0.91	0.96	0.9	0.91	0.78	0.99	0.46	0.78	0.52	0.11	0.74	0.75
Property Plant And Equipment Net	0.95	0.98	0.78	0.96	0.88		0.98	0.91	0.66	0.97	-0.17	0.66	0.89	0.55	0.97	0.74	0.65	0.97	0.9	0.88	0.18	0.86	0.59	-0.14	0.62	0.63
Net Debt	0.97	1.0	0.83	0.97	0.89	0.98		0.92	0.7	0.98	-0.15	0.7	0.9	0.5	1.0	0.75	0.65	1.0	0.89	0.91	0.18	0.93	0.66	-0.13	0.59	0.61
Retained Earnings	0.89	0.92	0.71	0.86	0.82	0.91	0.92		0.78	0.9	-0.15	0.78	0.83	0.6	0.92	0.68	0.49	0.91	0.87	0.84	0.08	0.85	0.65	0.01	0.68	0.69
Cash	0.78	0.74	0.78	0.73	0.79	0.66	0.7	0.78		0.75	0.23	1.0	0.79	0.64	0.75	0.72	0.61	0.75	0.6	0.84	0.3	0.77	0.63	0.08	0.72	0.73
Non Current Assets Total	1.0	0.99	0.87	0.98	0.96	0.97	0.98	0.9	0.75		0.01	0.75	0.96	0.62	0.99	0.85	0.77	0.99	0.86	0.96	0.29	0.89	0.62	-0.05	0.68	0.69
Non Currrent Assets Other	0.08	-0.12	0.09	-0.04	0.28	-0.17	-0.15	-0.15	0.23	0.01		0.23	0.27	0.35	-0.09	0.52	0.55	-0.09	-0.14	0.26	0.73	-0.19	-0.22	0.43	0.26	0.26
Cash And Short Term Investments	0.78	0.74	0.78	0.73	0.79	0.66	0.7	0.78	1.0	0.75	0.23		0.79	0.64	0.75	0.72	0.61	0.75	0.6	0.84	0.3	0.77	0.63	0.08	0.72	0.73
Net Receivables	0.98	0.92	0.84	0.93	1.0	0.89	0.9	0.83	0.79	0.96	0.27	0.79		0.7	0.92	0.95	0.88	0.93	0.81	1.0	0.44	0.81	0.55	0.11	0.73	0.74
Common Stock Shares Outstanding	0.64	0.54	0.49	0.58	0.73	0.55	0.5	0.6	0.64	0.62	0.35	0.64	0.7		0.53	0.74	0.68	0.54	0.39	0.68	0.26	0.34	0.33	0.5	0.93	0.93
Non Current Liabilities Total	0.98	1.0	0.85	0.97	0.91	0.97	1.0	0.92	0.75	0.99	-0.09	0.75	0.92	0.53		0.77	0.68	1.0	0.88	0.93	0.22	0.94	0.67	-0.11	0.62	0.63
Inventory	0.88	0.77	0.71	0.8	0.96	0.74	0.75	0.68	0.72	0.85	0.52	0.72	0.95	0.74	0.77		0.94	0.78	0.66	0.94	0.62	0.61	0.37	0.25	0.73	0.74
Other Stockholder Equity	0.81	0.67	0.74	0.75	0.9	0.65	0.65	0.49	0.61	0.77	0.55	0.61	0.88	0.68	0.68	0.94		0.69	0.51	0.86	0.63	0.52	0.29	0.18	0.64	0.64
Total Liab	0.98	1.0	0.86	0.98	0.91	0.97	1.0	0.91	0.75	0.99	-0.09	0.75	0.93	0.54	1.0	0.78	0.69		0.88	0.93	0.23	0.93	0.67	-0.11	0.63	0.64
Property Plant And Equipment Gross	0.85	0.89	0.63	0.82	0.78	0.9	0.89	0.87	0.6	0.86	-0.14	0.6	0.81	0.39	0.88	0.66	0.51	0.88		0.8	0.16	0.81	0.45	-0.13	0.46	0.48
Total Current Assets	0.98	0.92	0.85	0.93	0.99	0.88	0.91	0.84	0.84	0.96	0.26	0.84	1.0	0.68	0.93	0.94	0.86	0.93	0.8		0.45	0.84	0.58	0.09	0.73	0.74
Short Term Debt	0.34	0.18	0.32	0.27	0.46	0.18	0.18	0.08	0.3	0.29	0.73	0.3	0.44	0.26	0.22	0.62	0.63	0.23	0.16	0.45		0.12	0.0	-0.14	0.35	0.35
Other Current Assets	0.88	0.93	0.82	0.88	0.78	0.86	0.93	0.85	0.77	0.89	-0.19	0.77	0.81	0.34	0.94	0.61	0.52	0.93	0.81	0.84	0.12		0.74	-0.24	0.48	0.49
Intangible Assets	0.62	0.66	0.64	0.66	0.52	0.59	0.66	0.65	0.63	0.62	-0.22	0.63	0.55	0.33	0.67	0.37	0.29	0.67	0.45	0.58	0.0	0.74		-0.16	0.48	0.49
Accounts Payable	-0.01	-0.1	-0.17	-0.1	0.11	-0.14	-0.13	0.01	0.08	-0.05	0.43	0.08	0.11	0.5	-0.11	0.25	0.18	-0.11	-0.13	0.09	-0.14	-0.24	-0.16		0.27	0.27
Common Stock Total Equity	0.7	0.62	0.6	0.67	0.74	0.62	0.59	0.68	0.72	0.68	0.26	0.72	0.73	0.93	0.62	0.73	0.64	0.63	0.46	0.73	0.35	0.48	0.48	0.27		1.0
Common Stock	0.71	0.63	0.61	0.68	0.75	0.63	0.61	0.69	0.73	0.69	0.26	0.73	0.74	0.93	0.63	0.74	0.64	0.64	0.48	0.74	0.35	0.49	0.49	0.27	1.0

Click cells to compare fundamentals

FirstCash Account Relationship Matchups

FirstCash fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.4B	3.8B	3.9B	4.3B	4.5B
Short Long Term Debt Total	911.5M	899.4M	1.6B	1.7B	1.9B	2.0B
Other Current Liab	4.3M	109.4M	275.2M	147.4M	173.9M	182.6M
Total Current Liabilities	202.9M	206.4M	390.8M	295.5M	335.6M	352.4M
Total Stockholder Equity	1.4B	1.3B	1.8B	1.9B	2.0B	2.1B
Property Plant And Equipment Net	640.7M	672.6M	768.6M	845.7M	961.2M	1.0B
Net Debt	865.0M	833.6M	1.5B	1.6B	1.8B	1.9B
Retained Earnings	727.5M	789.3M	866.7M	1.1B	1.2B	1.3B
Cash	46.5M	65.9M	120.0M	117.3M	127.0M	133.4M
Non Current Assets Total	1.7B	1.7B	2.7B	2.8B	3.0B	3.1B
Non Currrent Assets Other	11.5M	9.8M	8.5M	9.4M	10.2M	12.5M
Cash And Short Term Investments	46.5M	65.9M	120.0M	117.3M	127.0M	133.4M
Net Receivables	417.8M	359.0M	584.4M	551.9M	657.7M	690.6M
Common Stock Shares Outstanding	43.2M	41.6M	41.0M	47.3M	45.7M	30.9M
Liabilities And Stockholders Equity	2.4B	2.4B	3.8B	3.9B	4.3B	4.5B
Non Current Liabilities Total	886.5M	882.0M	1.6B	1.7B	2.0B	2.1B
Inventory	265.3M	190.4M	263.3M	288.3M	312.1M	327.7M
Other Stockholder Equity	719.0M	612.5M	1.1B	925.2M	820.9M	861.9M
Total Liab	1.1B	1.1B	2.0B	2.0B	2.3B	2.4B
Property Plant And Equipment Gross	640.7M	672.6M	462.5M	538.7M	1.4B	1.5B
Total Current Assets	741.0M	624.6M	1.1B	1.1B	1.3B	1.4B
Accumulated Other Comprehensive Income	(97.0M)	(118.4M)	(131.3M)	(106.6M)	(43.0M)	(45.2M)
Short Term Debt	86.5M	88.6M	90.6M	92.9M	102.0M	107.1M
Other Current Assets	11.4M	9.4M	161.7M	173.1M	209.8M	220.3M
Intangible Assets	85.9M	83.7M	388.2M	330.3M	277.7M	291.6M
Accounts Payable	72.4M	7.2M	23.1M	27.4M	26.5M	21.5M
Other Assets	23.2M	312.9M	14.1M	16.8M	19.3M	31.9M
Long Term Debt	631.6M	615.9M	1.3B	1.4B	1.6B	1.7B
Treasury Stock	(512.5M)	(609.3M)	(652.8M)	(809.4M)	(728.4M)	(692.0M)
Property Plant Equipment	336.2M	373.7M	768.6M	538.7M	619.5M	650.5M
Good Will	948.6M	977.4M	1.5B	1.6B	1.7B	1.8B
Current Deferred Revenue	39.7M	34.7M	57.3M	63.1M	70.6M	74.1M
Net Tangible Assets	1.4B	1.3B	(108.3M)	1.9B	2.2B	2.3B
Retained Earnings Total Equity	727.5M	789.3M	866.7M	1.1B	1.2B	633.1M
Capital Surpluse	1.2B	1.2B	1.7B	1.7B	2.0B	1.0B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for FirstCash Stock Analysis

When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC