Finning Days Sales Outstanding vs Capex To Depreciation Analysis

FTT Stock

CAD 42.70 0.25 0.59%

Finning International financial indicator trend analysis is much more than just examining Finning International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finning International is a good investment. Please check the relationship between Finning International Days Sales Outstanding and its Capex To Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finning International. 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.

Days Sales Outstanding vs Capex To Depreciation

Days Sales Outstanding vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finning International Days Sales Outstanding account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Finning International's Days Sales Outstanding and Capex To Depreciation is 0.1. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Finning International, assuming nothing else is changed. The correlation between historical values of Finning International's Days Sales Outstanding and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Finning International are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Days Sales Outstanding i.e., Finning International's Days Sales Outstanding and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Days Sales Outstanding

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Finning International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finning International 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 Finning International. 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, Finning International's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 2nd of March 2025, Enterprise Value Multiple is likely to grow to 6.75, while Selling General Administrative is likely to drop about 1.1 B.

	2022	2023	2024	2025 (projected)
Gross Profit	2.2B	2.6B	2.5B	1.6B
Total Revenue	9.3B	10.5B	11.2B	5.8B

Gross Profit Total Revenue

Finning International 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	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Current Deferred Revenue	Good Will	Intangible Assets
Total Assets		0.7	0.07	0.87	0.95	0.94	0.81	0.96	0.88	0.95	0.05	0.9	-0.3	0.72	0.95	0.19	0.26	0.99	0.71	0.98	0.51	0.23	0.2	0.88	0.21	0.73
Short Long Term Debt Total	0.7		-0.3	0.7	0.6	0.77	0.73	0.66	0.62	0.72	-0.3	0.51	-0.81	0.39	0.68	-0.09	0.4	0.72	0.92	0.66	0.9	-0.01	-0.06	0.71	0.39	0.46
Other Current Liab	0.07	-0.3		0.15	0.0	-0.02	0.23	0.02	0.1	0.1	0.57	0.31	0.62	-0.02	0.14	0.07	-0.41	0.11	-0.27	0.05	-0.28	-0.36	-0.27	0.11	-0.41	0.24
Total Current Liabilities	0.87	0.7	0.15		0.69	0.79	0.92	0.77	0.81	0.82	0.11	0.79	-0.46	0.3	0.9	0.35	0.35	0.93	0.77	0.86	0.72	-0.19	-0.19	0.89	0.46	0.61
Total Stockholder Equity	0.95	0.6	0.0	0.69		0.92	0.62	0.98	0.79	0.92	0.06	0.86	-0.19	0.84	0.83	0.15	0.22	0.89	0.62	0.93	0.33	0.48	0.46	0.76	0.1	0.72
Property Plant And Equipment Net	0.94	0.77	-0.02	0.79	0.92		0.8	0.94	0.73	0.98	-0.06	0.81	-0.4	0.72	0.85	0.16	0.22	0.92	0.77	0.88	0.57	0.24	0.22	0.81	0.29	0.81
Net Debt	0.81	0.73	0.23	0.92	0.62	0.8		0.71	0.69	0.8	0.02	0.73	-0.46	0.32	0.87	0.29	0.27	0.87	0.74	0.78	0.72	-0.31	-0.3	0.75	0.46	0.61
Retained Earnings	0.96	0.66	0.02	0.77	0.98	0.94	0.71		0.79	0.95	0.03	0.86	-0.3	0.75	0.85	0.2	0.23	0.92	0.71	0.92	0.45	0.35	0.32	0.8	0.22	0.79
Accounts Payable	0.88	0.62	0.1	0.81	0.79	0.73	0.69	0.79		0.75	0.04	0.87	-0.23	0.62	0.91	0.08	0.23	0.9	0.57	0.92	0.44	0.09	0.06	0.85	0.02	0.54
Non Current Assets Total	0.95	0.72	0.1	0.82	0.92	0.98	0.8	0.95	0.75		0.1	0.86	-0.33	0.68	0.84	0.15	0.14	0.93	0.74	0.88	0.53	0.22	0.21	0.85	0.24	0.84
Non Currrent Assets Other	0.05	-0.3	0.57	0.11	0.06	-0.06	0.02	0.03	0.04	0.1		0.21	0.43	-0.12	-0.02	0.11	-0.23	0.04	-0.17	0.02	-0.26	0.04	0.1	0.11	-0.26	-0.05
Net Receivables	0.9	0.51	0.31	0.79	0.86	0.81	0.73	0.86	0.87	0.86	0.21		-0.05	0.64	0.87	0.3	0.14	0.89	0.55	0.89	0.31	0.2	0.25	0.78	0.01	0.72
Common Stock Shares Outstanding	-0.3	-0.81	0.62	-0.46	-0.19	-0.4	-0.46	-0.3	-0.23	-0.33	0.43	-0.05		0.08	-0.29	-0.03	-0.49	-0.34	-0.81	-0.27	-0.91	0.17	0.23	-0.35	-0.72	-0.11
Non Current Liabilities Total	0.72	0.39	-0.02	0.3	0.84	0.72	0.32	0.75	0.62	0.68	-0.12	0.64	0.08		0.62	-0.21	-0.06	0.64	0.25	0.72	-0.02	0.6	0.55	0.48	-0.28	0.56
Inventory	0.95	0.68	0.14	0.9	0.83	0.85	0.87	0.85	0.91	0.84	-0.02	0.87	-0.29	0.62		0.24	0.34	0.97	0.65	0.97	0.53	0.01	-0.01	0.86	0.22	0.61
Other Current Assets	0.19	-0.09	0.07	0.35	0.15	0.16	0.29	0.2	0.08	0.15	0.11	0.3	-0.03	-0.21	0.24		0.51	0.2	0.22	0.2	0.08	-0.06	0.05	0.13	0.51	0.19
Other Stockholder Equity	0.26	0.4	-0.41	0.35	0.22	0.22	0.27	0.23	0.23	0.14	-0.23	0.14	-0.49	-0.06	0.34	0.51		0.26	0.52	0.31	0.46	0.02	0.03	0.3	0.45	-0.12
Total Liab	0.99	0.72	0.11	0.93	0.89	0.92	0.87	0.92	0.9	0.93	0.04	0.89	-0.34	0.64	0.97	0.2	0.26		0.72	0.98	0.58	0.08	0.06	0.9	0.26	0.71
Property Plant And Equipment Gross	0.71	0.92	-0.27	0.77	0.62	0.77	0.74	0.71	0.57	0.74	-0.17	0.55	-0.81	0.25	0.65	0.22	0.52	0.72		0.66	0.9	0.0	-0.02	0.7	0.57	0.51
Total Current Assets	0.98	0.66	0.05	0.86	0.93	0.88	0.78	0.92	0.92	0.88	0.02	0.89	-0.27	0.72	0.97	0.2	0.31	0.98	0.66		0.47	0.22	0.19	0.86	0.19	0.63
Short Term Debt	0.51	0.9	-0.28	0.72	0.33	0.57	0.72	0.45	0.44	0.53	-0.26	0.31	-0.91	-0.02	0.53	0.08	0.46	0.58	0.9	0.47		-0.32	-0.36	0.61	0.65	0.31
Cash	0.23	-0.01	-0.36	-0.19	0.48	0.24	-0.31	0.35	0.09	0.22	0.04	0.2	0.17	0.6	0.01	-0.06	0.02	0.08	0.0	0.22	-0.32		0.98	0.04	-0.3	0.13
Cash And Short Term Investments	0.2	-0.06	-0.27	-0.19	0.46	0.22	-0.3	0.32	0.06	0.21	0.1	0.25	0.23	0.55	-0.01	0.05	0.03	0.06	-0.02	0.19	-0.36	0.98		0.01	-0.32	0.13
Current Deferred Revenue	0.88	0.71	0.11	0.89	0.76	0.81	0.75	0.8	0.85	0.85	0.11	0.78	-0.35	0.48	0.86	0.13	0.3	0.9	0.7	0.86	0.61	0.04	0.01		0.16	0.67
Good Will	0.21	0.39	-0.41	0.46	0.1	0.29	0.46	0.22	0.02	0.24	-0.26	0.01	-0.72	-0.28	0.22	0.51	0.45	0.26	0.57	0.19	0.65	-0.3	-0.32	0.16		0.14
Intangible Assets	0.73	0.46	0.24	0.61	0.72	0.81	0.61	0.79	0.54	0.84	-0.05	0.72	-0.11	0.56	0.61	0.19	-0.12	0.71	0.51	0.63	0.31	0.13	0.13	0.67	0.14

Click cells to compare fundamentals

Finning International Account Relationship Matchups

Finning International fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.5B	6.0B	7.3B	7.6B	7.7B	4.7B
Short Long Term Debt Total	1.7B	1.8B	2.3B	2.7B	3.1B	3.3B
Other Current Liab	58M	68M	73M	89M	11M	10.5M
Total Current Liabilities	1.6B	2.2B	3.4B	3.5B	3.2B	1.7B
Total Stockholder Equity	2.2B	2.3B	2.4B	2.5B	2.6B	1.7B
Property Plant And Equipment Net	1.3B	1.3B	1.4B	1.6B	1.6B	1.2B
Net Debt	1.2B	1.3B	2.0B	2.5B	1.9B	1.3B
Retained Earnings	1.4B	1.6B	1.6B	1.8B	1.8B	1.1B
Accounts Payable	761M	908M	1.4B	1.3B	1.4B	955.9M
Non Current Assets Total	2.2B	2.4B	2.5B	2.6B	2.5B	1.8B
Non Currrent Assets Other	179M	239M	139M	162M	14M	13.3M
Net Receivables	1.1B	1.2B	1.8B	1.7B	1.2B	985.1M
Common Stock Shares Outstanding	162.3M	161.6M	155.1M	147.7M	136.0M	131.4M
Liabilities And Stockholders Equity	5.5B	6.0B	7.3B	7.6B	8.7B	4.5B
Non Current Liabilities Total	1.6B	1.5B	1.4B	1.5B	1.9B	1.2B
Inventory	1.5B	1.7B	2.5B	2.8B	2.6B	1.5B
Other Current Assets	91M	203M	273M	245M	56M	53.2M
Total Liab	3.3B	3.6B	4.8B	5.0B	5.1B	3.0B
Property Plant And Equipment Gross	1.3B	2.6B	2.8B	3.0B	3.0B	3.2B
Total Current Assets	3.2B	3.6B	4.8B	4.9B	5.2B	2.9B
Accumulated Other Comprehensive Income	218M	212M	273M	220M	253M	265.7M
Short Term Debt	375M	651M	1.3B	1.5B	1.7B	1.8B
Cash	539M	502M	288M	152M	316M	290.9M
Cash And Short Term Investments	539M	502M	354M	177M	203.6M	294.1M
Current Deferred Revenue	374M	428M	544M	507M	583.1M	383.6M
Good Will	205M	237M	325M	329M	339M	212.1M
Intangible Assets	422M	406M	433M	409M	345M	257.8M
Common Stock	566M	561M	536M	516M	464.4M	450.6M
Other Liab	258M	306M	311M	337M	387.6M	301.9M
Net Tangible Assets	1.5B	1.6B	1.7B	1.7B	1.9B	1.8B
Other Assets	172M	230M	265M	296M	340.4M	212.2M
Long Term Debt	1.1B	921M	815M	949M	1.4B	998.0M
Long Term Investments	94M	85M	84M	99M	110M	100.9M
Short Long Term Debt	293M	564M	1.2B	1.4B	850M	636.8M
Property Plant Equipment	1.4B	1.3B	1.3B	1.4B	1.7B	1.3B
Short Term Investments	24M	36M	66M	25M	68M	71.4M
Long Term Debt Total	1.6B	1.3B	1.2B	1.1B	963M	1.1B
Capital Lease Obligations	298M	328M	331M	309M	340M	240.4M

Pair Trading with Finning International

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 Finning International 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 Finning International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Finning Stock

0.69

Moving against Finning Stock

0.58	MSFT	Microsoft Corp CDR	Pair Corr
0.58	TSLA	Tesla Inc CDR	Pair Corr

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

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

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

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Finning Days Sales Outstanding vs Capex To Depreciation Analysis

Days Sales Outstanding vs Capex To Depreciation

Days Sales Outstanding vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Days Sales Outstanding

Capex To Depreciation

Finning International fundamental ratios Correlations

Finning International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Finning International fundamental ratios Accounts

Pair Trading with Finning International

Moving together with Finning Stock

Moving against Finning Stock

Other Information on Investing in Finning Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Total Liab
Cash And Short Term Investments	+ 0.98	Cash

Short Term Debt	- 0.91	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.81	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.81	Short Long Term Debt Total
Good Will	- 0.72	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.49	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.46	Net Debt