Fiera Net Debt vs Retained Earnings Analysis

FSZ Stock

CAD 6.47 0.07 1.09%

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 Net Debt and its Retained Earnings 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.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fiera Capital Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Fiera Capital's Net Debt and Retained Earnings is -0.92. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings 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 Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Fiera Capital are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Fiera Capital's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 1st of March 2025, Issuance Of Capital Stock is likely to grow to about 1.5 M, while Tax Provision is likely to drop about 11.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	425.3M	444.0M	430.9M	452.5M
Total Revenue	664.9M	675.5M	676.2M	353.7M

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		0.69	0.92	0.74	0.75	0.85	-0.63	0.66	0.89	1.0	0.47	0.9	0.94	0.98	0.91	0.3	0.96	0.59	-0.34	0.96	0.56	0.95	0.71	0.77	0.94	0.85
Other Current Liab	0.69		0.77	0.48	0.57	0.47	-0.3	0.19	0.83	0.66	0.22	0.72	0.78	0.63	0.64	0.25	0.63	0.23	-0.17	0.67	0.26	0.71	0.45	0.52	0.59	0.46
Total Current Liabilities	0.92	0.77		0.46	0.86	0.88	-0.77	0.68	0.96	0.88	0.66	0.97	0.98	0.91	0.91	0.23	0.96	0.58	-0.21	0.98	0.71	0.98	0.68	0.51	0.91	0.8
Total Stockholder Equity	0.74	0.48	0.46		0.23	0.37	-0.05	0.28	0.5	0.78	-0.08	0.43	0.55	0.67	0.52	0.23	0.52	0.31	-0.36	0.51	-0.03	0.53	0.54	0.97	0.57	0.59
Property Plant And Equipment Net	0.75	0.57	0.86	0.23		0.8	-0.69	0.74	0.88	0.71	0.72	0.85	0.77	0.71	0.7	-0.04	0.85	0.6	-0.11	0.86	0.73	0.83	0.67	0.31	0.71	0.59
Net Debt	0.85	0.47	0.88	0.37	0.8		-0.92	0.72	0.81	0.82	0.72	0.88	0.86	0.87	0.87	0.3	0.92	0.6	-0.27	0.92	0.89	0.89	0.58	0.44	0.85	0.75
Retained Earnings	-0.63	-0.3	-0.77	-0.05	-0.69	-0.92		-0.64	-0.64	-0.58	-0.78	-0.77	-0.72	-0.7	-0.76	-0.28	-0.78	-0.5	0.14	-0.78	-0.95	-0.75	-0.41	-0.1	-0.74	-0.64
Accounts Payable	0.66	0.19	0.68	0.28	0.74	0.72	-0.64		0.64	0.63	0.84	0.63	0.62	0.66	0.68	-0.01	0.74	0.84	-0.12	0.73	0.57	0.75	0.47	0.26	0.67	0.6
Cash	0.89	0.83	0.96	0.5	0.88	0.81	-0.64	0.64		0.86	0.61	0.94	0.94	0.84	0.83	0.18	0.9	0.54	-0.22	0.92	0.63	0.95	0.67	0.56	0.81	0.73
Non Current Assets Total	1.0	0.66	0.88	0.78	0.71	0.82	-0.58	0.63	0.86		0.41	0.87	0.91	0.98	0.89	0.3	0.94	0.57	-0.37	0.93	0.52	0.92	0.71	0.81	0.92	0.84
Non Currrent Assets Other	0.47	0.22	0.66	-0.08	0.72	0.72	-0.78	0.84	0.61	0.41		0.63	0.58	0.5	0.61	0.13	0.63	0.66	0.01	0.64	0.74	0.67	0.22	-0.09	0.55	0.47
Cash And Short Term Investments	0.9	0.72	0.97	0.43	0.85	0.88	-0.77	0.63	0.94	0.87	0.63		0.97	0.9	0.9	0.35	0.95	0.46	-0.26	0.96	0.74	0.96	0.6	0.49	0.9	0.84
Net Receivables	0.94	0.78	0.98	0.55	0.77	0.86	-0.72	0.62	0.94	0.91	0.58	0.97		0.93	0.94	0.35	0.94	0.49	-0.25	0.96	0.66	0.98	0.62	0.59	0.92	0.87
Good Will	0.98	0.63	0.91	0.67	0.71	0.87	-0.7	0.66	0.84	0.98	0.5	0.9	0.93		0.95	0.41	0.97	0.56	-0.35	0.96	0.61	0.93	0.62	0.69	0.97	0.86
Common Stock Shares Outstanding	0.91	0.64	0.91	0.52	0.7	0.87	-0.76	0.68	0.83	0.89	0.61	0.9	0.94	0.95		0.46	0.93	0.51	-0.26	0.93	0.69	0.92	0.51	0.51	0.96	0.86
Short Term Investments	0.3	0.25	0.23	0.23	-0.04	0.3	-0.28	-0.01	0.18	0.3	0.13	0.35	0.35	0.41	0.46		0.29	-0.2	-0.53	0.27	0.25	0.25	-0.29	0.16	0.34	0.35
Non Current Liabilities Total	0.96	0.63	0.96	0.52	0.85	0.92	-0.78	0.74	0.9	0.94	0.63	0.95	0.94	0.97	0.93	0.29		0.63	-0.3	1.0	0.72	0.97	0.68	0.57	0.95	0.83
Other Current Assets	0.59	0.23	0.58	0.31	0.6	0.6	-0.5	0.84	0.54	0.57	0.66	0.46	0.49	0.56	0.51	-0.2	0.63		-0.06	0.62	0.34	0.64	0.51	0.32	0.56	0.35
Other Stockholder Equity	-0.34	-0.17	-0.21	-0.36	-0.11	-0.27	0.14	-0.12	-0.22	-0.37	0.01	-0.26	-0.25	-0.35	-0.26	-0.53	-0.3	-0.06		-0.28	-0.12	-0.23	-0.14	-0.37	-0.17	-0.14
Total Liab	0.96	0.67	0.98	0.51	0.86	0.92	-0.78	0.73	0.92	0.93	0.64	0.96	0.96	0.96	0.93	0.27	1.0	0.62	-0.28		0.72	0.98	0.68	0.56	0.95	0.83
Property Plant And Equipment Gross	0.56	0.26	0.71	-0.03	0.73	0.89	-0.95	0.57	0.63	0.52	0.74	0.74	0.66	0.61	0.69	0.25	0.72	0.34	-0.12	0.72		0.67	0.4	0.05	0.64	0.61
Total Current Assets	0.95	0.71	0.98	0.53	0.83	0.89	-0.75	0.75	0.95	0.92	0.67	0.96	0.98	0.93	0.92	0.25	0.97	0.64	-0.23	0.98	0.67		0.67	0.57	0.92	0.85
Short Term Debt	0.71	0.45	0.68	0.54	0.67	0.58	-0.41	0.47	0.67	0.71	0.22	0.6	0.62	0.62	0.51	-0.29	0.68	0.51	-0.14	0.68	0.4	0.67		0.65	0.61	0.6
Intangible Assets	0.77	0.52	0.51	0.97	0.31	0.44	-0.1	0.26	0.56	0.81	-0.09	0.49	0.59	0.69	0.51	0.16	0.57	0.32	-0.37	0.56	0.05	0.57	0.65		0.57	0.58
Common Stock Total Equity	0.94	0.59	0.91	0.57	0.71	0.85	-0.74	0.67	0.81	0.92	0.55	0.9	0.92	0.97	0.96	0.34	0.95	0.56	-0.17	0.95	0.64	0.92	0.61	0.57		0.89
Common Stock	0.85	0.46	0.8	0.59	0.59	0.75	-0.64	0.6	0.73	0.84	0.47	0.84	0.87	0.86	0.86	0.35	0.83	0.35	-0.14	0.83	0.61	0.85	0.6	0.58	0.89

Click cells to compare fundamentals

Fiera Capital Account Relationship Matchups

Fiera Capital fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.5B	1.5B	1.3B	1.3B	1.3B	869.3M
Other Current Liab	24.0M	215.3M	121.9M	119.4M	811K	770.5K
Total Current Liabilities	222.3M	300.0M	225.9M	228.7M	187.7M	118.7M
Total Stockholder Equity	468.0M	415.3M	341.0M	322.6M	285.1M	339.8M
Property Plant And Equipment Net	117.4M	104.0M	90.9M	69.1M	60.2M	38.0M
Net Debt	682.6M	607.0M	684.1M	666.9M	664.0M	697.2M
Retained Earnings	(398.7M)	(412.9M)	(475.7M)	(506.7M)	(573.5M)	(544.9M)
Accounts Payable	156.6M	56.5M	65.6M	70.5M	56.3M	36.3M
Cash	68.9M	102.6M	62.2M	65.6M	35.4M	35.1M
Non Current Assets Total	1.2B	1.1B	1.1B	1.0B	1.0B	715.2M
Non Currrent Assets Other	42.3M	31.9M	23.8M	22.5M	19.7M	20.6M
Cash And Short Term Investments	72.4M	112.0M	68.2M	75.2M	86.5M	43.6M
Net Receivables	146.0M	216.5M	137.4M	173.6M	145.7M	90.7M
Good Will	645.4M	641.3M	651.0M	647.4M	663.4M	397.2M
Common Stock Shares Outstanding	104.1M	116.5M	104.2M	131.8M	107.8M	71.3M
Short Term Investments	3.5M	9.4M	6.0M	9.6M	9.2M	6.3M
Liabilities And Stockholders Equity	1.5B	1.5B	1.3B	1.3B	1.5B	842.5M
Non Current Liabilities Total	815.5M	754.0M	756.6M	732.0M	770.1M	408.0M
Other Current Assets	95.8M	20.9M	68.2M	19.0M	11.6M	18.8M
Other Stockholder Equity	31.3M	17.5M	19.5M	22.6M	20.4M	22.9M
Total Liab	1.0B	1.1B	982.5M	960.7M	957.8M	526.8M
Property Plant And Equipment Gross	117.4M	130.7M	122.5M	182.8M	189.4M	198.8M
Total Current Assets	314.2M	349.3M	250.3M	267.9M	237.3M	154.0M
Accumulated Other Comprehensive Income	5.8M	(27.7M)	(16.7M)	(22.7M)	(20.4M)	(19.4M)
Short Term Debt	31.3M	14.3M	16.0M	13.1M	15.0M	16.7M
Intangible Assets	338.7M	293.3M	260.1M	223.5M	198.9M	274.3M
Common Stock	829.6M	835.1M	341.0M	829.4M	953.8M	551.4M
Short Long Term Debt Total	751.4M	709.5M	746.3M	732.5M	842.4M	460.2M
Current Deferred Revenue	3.3M	3.6M	11.2M	9.6M	11.1M	11.6M
Inventory	8.1M	78.5M	4.5M	(2.5M)	1.15	1.09
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	735.8M	603.7M	651.6M	654.9M	699.4M	549.4M
Long Term Investments	16.3M	21.1M	21.2M	29.6M	36.5M	38.4M
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

0.89	ELF-PH	E L Financial Earnings Call This Week	Pair Corr
0.85	FFH-PM	Fairfax Financial	Pair Corr
0.63	FFH-PH	Fairfax Financial	Pair Corr
0.57	ELF	E L Financial Earnings Call This Week	Pair Corr
0.56	FFH	Fairfax Financial	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 Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

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
Total Liab	+ 1.0	Non Current Liabilities Total
Good Will	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Total Current Liabilities

Property Plant And Equipment Gross	- 0.95	Retained Earnings
Retained Earnings	- 0.92	Net Debt
Total Liab	- 0.78	Retained Earnings
Non Current Liabilities Total	- 0.78	Retained Earnings
Non Currrent Assets Other	- 0.78	Retained Earnings
Cash And Short Term Investments	- 0.77	Retained Earnings