First Historical Balance Sheet

FN Stock  CAD 38.83  0.20  0.51%   
Trend analysis of First National Financial balance sheet accounts such as Total Stockholder Equity of 409.7 M or Accounts Payable of 268.5 M provides information on First National's total assets, liabilities, and equity, which is the actual value of First National Financial to its prevalent stockholders. By breaking down trends over time using First National 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.
 
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Financial Statement Analysis is much more than just reviewing and examining First National Financial 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 First National Financial is a good buy for the upcoming year.

First National Inventory

871.76 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About First Balance Sheet Analysis

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

First National Balance Sheet Chart

At this time, First National's Cash And Short Term Investments are very stable compared to the past year. As of the 29th of March 2025, Short Term Debt is likely to grow to about 5.1 B, while Total Assets are likely to drop about 26.7 B.

Total Assets

Total assets refers to the total amount of First National 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 First National Financial 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.

Total Current Liabilities

Total Current Liabilities is an item on First National balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First National Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents First National obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First National Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from First National's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First National Financial 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 First National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, First National's Cash And Short Term Investments are very stable compared to the past year. As of the 29th of March 2025, Short Term Debt is likely to grow to about 5.1 B, while Total Assets are likely to drop about 26.7 B.
 2022 2023 2024 2025 (projected)
Total Stockholder Equity699.0M737.8M738.2M409.7M
Total Current Liabilities4.5B4.2B4.9B5.1B

First National balance sheet Correlations

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-0.36-0.13-0.25-0.18-0.14-0.170.05-0.370.03-0.1-0.38-0.16-0.37-0.39-0.2-0.18-0.440.320.290.17-0.39-0.390.29-0.2-0.21
0.63-0.130.610.860.570.550.30.60.140.520.760.390.710.670.70.490.7-0.55-0.02-0.490.590.49-0.530.71.0
0.94-0.250.610.690.470.820.550.93-0.140.570.820.550.910.930.780.360.95-0.79-0.44-0.150.890.85-0.450.780.62
0.63-0.180.860.690.740.580.330.59-0.360.620.830.670.680.690.860.610.72-0.81-0.19-0.620.630.71-0.680.860.86
0.35-0.140.570.470.740.540.170.38-0.380.660.690.580.360.420.450.790.5-0.560.31-0.790.340.43-0.960.450.59
0.74-0.170.550.820.580.540.460.76-0.080.370.670.390.70.730.640.150.77-0.61-0.08-0.040.680.6-0.60.640.55
0.660.050.30.550.330.170.460.670.120.710.55-0.090.640.650.260.20.48-0.26-0.28-0.070.420.36-0.210.260.28
0.99-0.370.60.930.590.380.760.670.050.630.850.340.970.990.670.350.95-0.69-0.45-0.130.890.8-0.40.670.62
0.030.030.14-0.14-0.36-0.38-0.080.120.05-0.13-0.11-0.590.070.0-0.41-0.27-0.040.530.270.26-0.09-0.420.31-0.410.13
0.61-0.10.520.570.620.660.370.710.63-0.130.730.260.610.650.380.840.57-0.44-0.02-0.610.480.48-0.630.380.52
0.85-0.380.760.820.830.690.670.550.85-0.110.730.520.880.910.680.590.9-0.8-0.3-0.60.780.78-0.660.680.78
0.37-0.160.390.550.670.580.39-0.090.34-0.590.260.520.370.40.670.430.5-0.83-0.33-0.430.510.74-0.450.670.4
0.99-0.370.710.910.680.360.70.640.970.070.610.880.370.990.740.350.95-0.73-0.5-0.20.890.81-0.360.740.73
0.99-0.390.670.930.690.420.730.650.990.00.650.910.40.990.730.390.96-0.76-0.49-0.230.890.83-0.420.730.69
0.73-0.20.70.780.860.450.640.260.67-0.410.380.680.670.740.730.320.76-0.86-0.46-0.190.710.8-0.411.00.71
0.33-0.180.490.360.610.790.150.20.35-0.270.840.590.430.350.390.320.42-0.410.19-0.80.330.38-0.720.320.5
0.95-0.440.70.950.720.50.770.480.95-0.040.570.90.50.950.960.760.42-0.8-0.41-0.270.920.85-0.490.760.72
-0.730.32-0.55-0.79-0.81-0.56-0.61-0.26-0.690.53-0.44-0.8-0.83-0.73-0.76-0.86-0.41-0.80.570.39-0.78-0.950.48-0.86-0.56
-0.510.29-0.02-0.44-0.190.31-0.08-0.28-0.450.27-0.02-0.3-0.33-0.5-0.49-0.460.19-0.410.57-0.2-0.54-0.68-0.35-0.46-0.02
-0.120.17-0.49-0.15-0.62-0.79-0.04-0.07-0.130.26-0.61-0.6-0.43-0.2-0.23-0.19-0.8-0.270.39-0.2-0.15-0.260.7-0.19-0.51
0.9-0.390.590.890.630.340.680.420.89-0.090.480.780.510.890.890.710.330.92-0.78-0.54-0.150.89-0.30.710.61
0.82-0.390.490.850.710.430.60.360.8-0.420.480.780.740.810.830.80.380.85-0.95-0.68-0.260.89-0.360.80.5
-0.360.29-0.53-0.45-0.68-0.96-0.6-0.21-0.40.31-0.63-0.66-0.45-0.36-0.42-0.41-0.72-0.490.48-0.350.7-0.3-0.36-0.41-0.56
0.73-0.20.70.780.860.450.640.260.67-0.410.380.680.670.740.731.00.320.76-0.86-0.46-0.190.710.8-0.410.71
0.65-0.211.00.620.860.590.550.280.620.130.520.780.40.730.690.710.50.72-0.56-0.02-0.510.610.5-0.560.71
Click cells to compare fundamentals

First National Account Relationship Matchups

First National balance sheet Accounts

202020212022202320242025 (projected)
Total Assets39.5B42.3B43.8B46.0B51.2B26.7B
Other Current Liab(52.4M)50.2M52.6M(47.4M)(42.7M)(40.5M)
Total Current Liabilities52.4M4.6B4.5B4.2B4.9B5.1B
Total Stockholder Equity570.8M487.6M699.0M737.8M738.2M409.7M
Accounts Payable57.8M58.2M51.2M222.4M255.7M268.5M
Non Current Assets Total2.3B119.1M119.1M48.5B55.8B58.6B
Net Receivables182.1M170.7M197.8M478.1M238.0M145.4M
Liabilities And Stockholders Equity39.5B42.3B43.8B46.0B52.9B55.5B
Total Liab38.9B36.9B38.4B45.2B50.4B25.7B
Total Current Assets159.1M117.8M146.6M(2.6B)(2.9B)(2.8B)
Non Current Liabilities Total35.5B36.9B38.4B45.4B52.2B54.8B
Other Stockholder Equity(3.4M)(33.3M)(89.8M)60.7M69.8M73.3M
Accumulated Other Comprehensive Income(33.3M)(7.6M)60.7M39.9M35.9M34.1M
Short Long Term Debt Total35.4B41.4B42.7B40.6B46.7B30.1B
Net Debt35.4B37.0B38.5B40.6B45.4B30.0B
Property Plant And Equipment Net33.2M89.4M89.4M82.9M72.4M36.5M
Retained Earnings384.0M365.0M418.2M477.8M499.9M329.1M
Non Currrent Assets Other(2.3B)(2.7B)(2.2B)(2.7B)(2.4B)(2.3B)
Cash And Short Term Investments(22.9M)(52.9M)(51.2M)702.4M632.2M663.8M
Inventory1.3B1.2B1.3B1.1B1.3B871.8M
Other Current Assets807.5M951.9M790.8M(1.2B)(1.1B)(1.0B)
Property Plant And Equipment Gross33.2M89.4M89.4M82.9M72.4M36.5M
Other Assets37.1B42.0B43.5B46.0B52.9B55.5B
Other Liab82.3M67.1M88M149.4M171.8M180.4M
Net Tangible Assets434.5M443.6M450.2M571.8M657.6M435.0M
Long Term Debt35.3B36.9B38.4B40.6B45.4B35.3B
Property Plant Equipment18.3M33.2M89.4M89.4M102.8M107.9M
Cash(22.9M)(52.9M)(51.2M)702.4M632.2M663.8M
Long Term Debt Total33.4B35.4B37.0B38.4B44.2B35.4B
Net Invested Capital35.8B37.4B39.0B41.2B46.0B40.5B
Long Term Investments36.4B38.2B2.2B2.6B3.4B3.2B
Capital Lease Obligations22.9M52.9M51.2M49.7M46.7M42.3M

Pair Trading with First National

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 First National 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 First National will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to First National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First National 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 First National - 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 First National Financial to buy it.
The correlation of First National 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 First National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First National Financial 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 First National 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 CorrelationCorrelation Matching

Other Information on Investing in First Stock

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