FirstService Historical Balance Sheet

FSV Stock

CAD 270.00 2.07 0.76%

Trend analysis of FirstService Corp balance sheet accounts such as Short and Long Term Debt Total of 1.5 B or Other Current Liab of 285.1 M provides information on FirstService Corp's total assets, liabilities, and equity, which is the actual value of FirstService Corp to its prevalent stockholders. By breaking down trends over time using FirstService Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining FirstService Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FirstService Corp is a good buy for the upcoming year.

FirstService Corp Inventory

258.5 Million

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 board of governors.

To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.

About FirstService Balance Sheet Analysis

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

FirstService Corp Balance Sheet Chart

At this time, FirstService Corp's Retained Earnings are very stable compared to the past year. As of the 11th of December 2024, Non Current Assets Total is likely to grow to about 2.4 B, while Common Stock Shares Outstanding is likely to drop about 40.3 M.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of FirstService Corp 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 FirstService Corp 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 accounts from FirstService Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 board of governors.

To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.At this time, FirstService Corp's Retained Earnings are very stable compared to the past year. As of the 11th of December 2024, Non Current Assets Total is likely to grow to about 2.4 B, while Common Stock Shares Outstanding is likely to drop about 40.3 M.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	823.2M	952.2M	1.4B	1.5B
Total Assets	2.5B	2.8B	3.6B	3.8B

Short Long Term Debt Total Total Assets

FirstService Corp balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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 Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.71	0.69	0.5	0.45	0.81	0.79	0.79	0.69	0.2	0.51	0.6	0.7	0.62	0.6	0.65	0.72	0.87	0.72	0.83	0.88	0.47	0.67	0.63	0.72	0.12
Total Assets	0.71		0.98	0.7	0.75	0.98	0.98	0.97	0.97	0.23	0.8	0.77	1.0	0.92	0.77	0.99	1.0	0.94	0.96	0.95	0.71	0.21	1.0	0.95	1.0	0.4
Short Long Term Debt Total	0.69	0.98		0.59	0.65	0.95	0.98	0.97	1.0	0.22	0.73	0.7	0.99	0.87	0.7	0.96	0.99	0.93	0.98	0.94	0.64	0.25	0.99	0.96	0.97	0.34
Other Current Liab	0.5	0.7	0.59		0.92	0.67	0.66	0.58	0.55	-0.17	0.91	0.87	0.69	0.76	0.87	0.72	0.68	0.67	0.53	0.61	0.69	-0.09	0.68	0.46	0.73	0.56
Total Current Liabilities	0.45	0.75	0.65	0.92		0.69	0.68	0.62	0.62	-0.07	0.97	0.89	0.74	0.76	0.89	0.77	0.72	0.66	0.56	0.62	0.61	-0.02	0.73	0.57	0.76	0.74
Total Stockholder Equity	0.81	0.98	0.95	0.67	0.69		0.98	0.98	0.94	0.3	0.74	0.73	0.97	0.92	0.73	0.95	0.98	0.96	0.93	0.99	0.79	0.3	0.96	0.92	0.98	0.38
Property Plant And Equipment Net	0.79	0.98	0.98	0.66	0.68	0.98		0.98	0.97	0.2	0.75	0.73	0.98	0.9	0.73	0.95	0.98	0.97	0.96	0.98	0.75	0.27	0.97	0.92	0.97	0.35
Current Deferred Revenue	0.79	0.97	0.97	0.58	0.62	0.98	0.98		0.97	0.35	0.68	0.66	0.97	0.89	0.66	0.95	0.98	0.94	0.97	0.98	0.73	0.3	0.96	0.96	0.97	0.29
Net Debt	0.69	0.97	1.0	0.55	0.62	0.94	0.97	0.97		0.25	0.69	0.65	0.98	0.86	0.65	0.95	0.98	0.92	0.99	0.94	0.63	0.26	0.98	0.97	0.95	0.31
Retained Earnings	0.2	0.23	0.22	-0.17	-0.07	0.3	0.2	0.35	0.25		-0.08	-0.26	0.21	0.34	-0.26	0.28	0.24	0.08	0.27	0.35	0.22	0.31	0.22	0.41	0.26	-0.12
Accounts Payable	0.51	0.8	0.73	0.91	0.97	0.74	0.75	0.68	0.69	-0.08		0.92	0.79	0.8	0.92	0.81	0.78	0.72	0.65	0.69	0.64	0.03	0.79	0.64	0.81	0.6
Cash	0.6	0.77	0.7	0.87	0.89	0.73	0.73	0.66	0.65	-0.26	0.92		0.76	0.68	1.0	0.74	0.75	0.78	0.63	0.65	0.66	0.13	0.74	0.59	0.77	0.53
Non Current Assets Total	0.7	1.0	0.99	0.69	0.74	0.97	0.98	0.97	0.98	0.21	0.79	0.76		0.91	0.76	0.99	1.0	0.94	0.96	0.95	0.69	0.2	1.0	0.95	0.99	0.41
Non Currrent Assets Other	0.62	0.92	0.87	0.76	0.76	0.92	0.9	0.89	0.86	0.34	0.8	0.68	0.91		0.68	0.94	0.91	0.82	0.84	0.91	0.74	0.12	0.91	0.84	0.94	0.38
Cash And Short Term Investments	0.6	0.77	0.7	0.87	0.89	0.73	0.73	0.66	0.65	-0.26	0.92	1.0	0.76	0.68		0.74	0.75	0.78	0.63	0.65	0.66	0.13	0.74	0.59	0.77	0.53
Net Receivables	0.65	0.99	0.96	0.72	0.77	0.95	0.95	0.95	0.95	0.28	0.81	0.74	0.99	0.94	0.74		0.98	0.89	0.93	0.92	0.69	0.17	0.99	0.94	0.99	0.4
Good Will	0.72	1.0	0.99	0.68	0.72	0.98	0.98	0.98	0.98	0.24	0.78	0.75	1.0	0.91	0.75	0.98		0.95	0.96	0.96	0.7	0.22	0.99	0.95	0.99	0.39
Common Stock Total Equity	0.87	0.94	0.93	0.67	0.66	0.96	0.97	0.94	0.92	0.08	0.72	0.78	0.94	0.82	0.78	0.89	0.95		0.92	0.95	0.79	0.31	0.92	0.86	0.93	0.33
Non Current Liabilities Total	0.72	0.96	0.98	0.53	0.56	0.93	0.96	0.97	0.99	0.27	0.65	0.63	0.96	0.84	0.63	0.93	0.96	0.92		0.94	0.65	0.23	0.97	0.96	0.94	0.19
Inventory	0.83	0.95	0.94	0.61	0.62	0.99	0.98	0.98	0.94	0.35	0.69	0.65	0.95	0.91	0.65	0.92	0.96	0.95	0.94		0.79	0.32	0.93	0.9	0.95	0.29
Other Current Assets	0.88	0.71	0.64	0.69	0.61	0.79	0.75	0.73	0.63	0.22	0.64	0.66	0.69	0.74	0.66	0.69	0.7	0.79	0.65	0.79		0.43	0.66	0.58	0.74	0.21
Other Stockholder Equity	0.47	0.21	0.25	-0.09	-0.02	0.3	0.27	0.3	0.26	0.31	0.03	0.13	0.2	0.12	0.13	0.17	0.22	0.31	0.23	0.32	0.43		0.16	0.27	0.22	-0.05
Total Liab	0.67	1.0	0.99	0.68	0.73	0.96	0.97	0.96	0.98	0.22	0.79	0.74	1.0	0.91	0.74	0.99	0.99	0.92	0.97	0.93	0.66	0.16		0.95	0.99	0.38
Property Plant And Equipment Gross	0.63	0.95	0.96	0.46	0.57	0.92	0.92	0.96	0.97	0.41	0.64	0.59	0.95	0.84	0.59	0.94	0.95	0.86	0.96	0.9	0.58	0.27	0.95		0.94	0.26
Total Current Assets	0.72	1.0	0.97	0.73	0.76	0.98	0.97	0.97	0.95	0.26	0.81	0.77	0.99	0.94	0.77	0.99	0.99	0.93	0.94	0.95	0.74	0.22	0.99	0.94		0.39
Short Term Debt	0.12	0.4	0.34	0.56	0.74	0.38	0.35	0.29	0.31	-0.12	0.6	0.53	0.41	0.38	0.53	0.4	0.39	0.33	0.19	0.29	0.21	-0.05	0.38	0.26	0.39

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FirstService Corp Account Relationship Matchups

FirstService Corp balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	38.7M	43.2M	44.4M	44.5M	44.8M	40.3M
Total Assets	2.0B	2.2B	2.5B	2.8B	3.6B	3.8B
Short Long Term Debt Total	908.5M	753.7M	823.2M	952.2M	1.4B	1.5B
Other Current Liab	245.8M	345.6M	410.3M	433.4M	352.2M	285.1M
Total Current Liabilities	358.2M	543.8M	618.5M	637.0M	770.8M	452.0M
Total Stockholder Equity	425.9M	660.4M	799.7M	907.5M	1.0B	1.1B
Property Plant And Equipment Net	264.4M	279.8M	297.8M	372.6M	422.5M	443.6M
Current Deferred Revenue	75.6M	92.9M	121.9M	131.9M	185.7M	195.0M
Net Debt	787.3M	569.4M	657.5M	815.9M	1.2B	1.3B
Retained Earnings	(229.9M)	(171.1M)	(67.9M)	17.3M	77.5M	81.4M
Accounts Payable	76.2M	98.5M	100.1M	116.0M	143.3M	80.0M
Cash	121.2M	184.3M	165.7M	136.2M	187.6M	119.1M
Non Current Assets Total	1.3B	1.4B	1.5B	1.7B	2.3B	2.4B
Non Currrent Assets Other	10.4M	15.0M	21.1M	36.9M	32.7M	34.3M
Cash And Short Term Investments	121.2M	184.3M	165.7M	136.2M	187.6M	119.1M
Net Receivables	393.7M	418.9M	551.6M	635.9M	842.2M	884.3M
Good Will	644.8M	703.7M	843.4M	886.1M	1.2B	1.2B
Liabilities And Stockholders Equity	2.0B	2.2B	2.5B	2.8B	3.6B	3.8B
Non Current Liabilities Total	995.3M	799.4M	871.7M	996.6M	1.5B	1.6B
Inventory	94.5M	142.0M	161.4M	242.3M	246.2M	258.5M
Other Current Assets	58.7M	74.2M	86.0M	94.4M	85.0M	68.7M
Other Stockholder Equity	50.8M	59.3M	68.2M	83.0M	95.2M	61.6M
Total Liab	1.4B	1.3B	1.5B	1.6B	2.3B	2.4B
Property Plant And Equipment Gross	264.4M	279.8M	297.8M	372.6M	831.8M	873.3M
Total Current Assets	668.1M	819.3M	964.7M	1.1B	1.4B	1.4B
Accumulated Other Comprehensive Income	(456K)	2.1M	2.0M	(5.9M)	(4.4M)	(4.2M)
Short Term Debt	36.2M	91.8M	105.5M	84.8M	88.0M	58.5M
Intangible Assets	366.2M	378.8M	382.1M	368.5M	628.0M	320.5M
Common Stock	605.4M	770.0M	797.4M	813.0M	855.8M	898.6M
Other Liab	124.4M	137.4M	154.0M	129.3M	148.7M	89.5M
Net Tangible Assets	(585.2M)	(422.1M)	(425.7M)	(347.1M)	(312.4M)	(328.0M)
Other Assets	11.8M	15.0M	21.1M	33.7M	38.7M	40.7M
Long Term Debt	754.8M	533.1M	595.4M	688.7M	1.1B	1.2B
Short Long Term Debt	5.5M	56.5M	57.4M	35.7M	37.1M	32.5M
Property Plant Equipment	264.4M	279.8M	297.8M	372.6M	428.4M	449.9M
Long Term Debt Total	761.1M	533.1M	595.4M	698.8M	803.6M	499.5M
Capital Surpluse	50.8M	59.3M	68.2M	83.0M	95.5M	60.2M

Pair Trading with FirstService Corp

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 FirstService Corp 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 FirstService Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with FirstService Stock

0.65	BRK	Berkshire Hathaway CDR	Pair Corr
0.9	JPM	JPMorgan Chase	Pair Corr
0.9	BOFA	Bank of America	Pair Corr
0.64	GOOG	Alphabet CDR	Pair Corr

Moving against FirstService Stock

0.77

PFE

Pfizer Inc CDR

Pair Corr

The ability to find closely correlated positions to FirstService Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstService Corp 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 FirstService Corp - 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 FirstService Corp to buy it.

The correlation of FirstService Corp 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 FirstService Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstService Corp 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 FirstService Corp 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

When determining whether FirstService Corp is a strong investment it is important to analyze FirstService Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstService Corp's future performance. For an informed investment choice regarding FirstService Stock, refer to the following important reports:

How To Invest In FirstService

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Is FirstService Stock a good investment?

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What is FirstService Corp's Net Worth?

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To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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FirstService Historical Balance Sheet

FirstService Corp Inventory

258.5 Million

About FirstService Balance Sheet Analysis

FirstService Corp Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

FirstService Corp balance sheet Correlations

FirstService Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FirstService Corp balance sheet Accounts

Pair Trading with FirstService Corp

Moving together with FirstService Stock

Moving against FirstService Stock

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash

Cash And Short Term Investments	- 0.26	Retained Earnings
Cash	- 0.26	Retained Earnings
Retained Earnings	- 0.17	Other Current Liab
Short Term Debt	- 0.12	Retained Earnings
Other Stockholder Equity	- 0.09	Other Current Liab
Accounts Payable	- 0.08	Retained Earnings