Finning International Financials
| FTT Stock | CAD 42.07 0.01 0.02% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Debt Equity Ratio | 1.13 | 1.0724 |
|
| |||||
| Operating Income | 979.6 M | 933 M |
|
| |||||
| Current Ratio | 1.35 | 1.4146 |
|
|
Finning | Select Account or Indicator |
Understanding current and past Finning International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Finning International's financial statements are interrelated, with each one affecting the others. For example, an increase in Finning International's assets may result in an increase in income on the income statement.
The data published in Finning International's official financial statements usually reflect Finning International's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Finning International. For example, before you start analyzing numbers published by Finning accountants, it's critical to develop an understanding of what Finning International's liquidity, profitability, and earnings quality are in the context of the Trading Companies & Distributors space in which it operates.
Please note, the presentation of Finning International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Finning International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Finning International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Finning International. Please utilize our Beneish M Score to check the likelihood of Finning International's management manipulating its earnings.
Finning International Stock Summary
Finning International competes with Alaris Equity, Timbercreek Financial, Fiera Capital, Diversified Royalty, and MCAN Mortgage. Finning International Inc. engages in selling, servicing, and renting heavy equipment, and power and energy systems in Canada, the United States, South America, the United Kingdom, and Ireland. Finning International Inc. was founded in 1933 and is headquartered in Vancouver, Canada. FINNING INTL operates under Industrial Distribution classification in Canada and is traded on Toronto Stock Exchange. It employs 13188 people.| Foreign Associate | USA |
Specialization | Industrials, Industrial Distribution |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA3180714048 |
| Business Address | 19100 94 Avenue, |
| Sector | Trading Companies & Distributors |
| Industry | Industrials |
| Benchmark | NYSE Composite |
| Website | www.finning.com |
| Phone | 604 691 6444 |
| Currency | CAD - Canadian Dollar |
You should never invest in Finning International without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Finning Stock, because this is throwing your money away. Analyzing the key information contained in Finning International's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Finning International Key Financial Ratios
Generally speaking, Finning International's financial ratios allow both analysts and investors to convert raw data from Finning International's financial statements into concise, actionable information that can be used to evaluate the performance of Finning International over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Finning International reports annually and quarterly.| Return On Equity | 0.21 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % |
Finning International Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.0B | 5.5B | 6.0B | 7.3B | 7.6B | 4.5B | |
| Other Current Liab | 71M | 113M | 168M | 226M | 24M | 22.8M | |
| Net Debt | 1.7B | 1.2B | 1.3B | 2.0B | 2.2B | 1.3B | |
| Retained Earnings | 1.3B | 1.4B | 1.6B | 1.6B | 1.8B | 1.1B | |
| Accounts Payable | 1.2B | 761M | 908M | 1.4B | 1.3B | 960.6M | |
| Net Receivables | 1.3B | 1.1B | 1.3B | 1.8B | 1.0B | 936.4M | |
| Inventory | 2.0B | 1.5B | 1.7B | 2.5B | 2.8B | 1.5B | |
| Other Current Assets | 10M | 27M | 55M | 46M | 127M | 100.3M | |
| Total Liab | 3.9B | 3.3B | 3.6B | 4.8B | 5.0B | 2.9B | |
| Total Current Assets | 3.7B | 3.2B | 3.6B | 4.8B | 4.9B | 2.8B | |
| Short Term Debt | 426M | 375M | 651M | 1.3B | 1.4B | 1.5B | |
| Cash | 268M | 539M | 502M | 288M | 152M | 288.2M | |
| Good Will | 204M | 205M | 237M | 325M | 329M | 203.6M | |
| Intangible Assets | 421M | 422M | 406M | 433M | 409M | 251.3M | |
| 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 | 1.3B | 1.1B | 921M | 815M | 949M | 987.6M | |
| Short Long Term Debt | 426M | 293M | 564M | 1.2B | 1.4B | 1.5B | |
| Long Term Debt Total | 1.6B | 1.3B | 1.2B | 1.1B | 963M | 1.1B |
Finning International Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Finning International's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 98M | 78M | 61M | 82M | 151M | 158.6M | |
| Total Revenue | 7.8B | 6.2B | 7.3B | 9.3B | 10.5B | 5.6B | |
| Gross Profit | 1.8B | 1.6B | 1.8B | 2.2B | 2.6B | 1.6B | |
| Operating Income | 443M | 436M | 533M | 755M | 933M | 979.7M | |
| Ebit | 443M | 436M | 533M | 755M | 868.3M | 911.7M | |
| Ebitda | 736M | 744M | 852M | 1.1B | 1.3B | 1.3B | |
| Cost Of Revenue | 6.0B | 4.6B | 5.5B | 7.1B | 8.0B | 4.0B | |
| Income Before Tax | 318M | 307M | 477M | 673M | 749M | 786.5M | |
| Income Tax Expense | 76M | 75M | 114M | 172M | 197.8M | 207.7M | |
| Interest Income | 98M | 78M | 61M | 82M | 94.3M | 82.1M |
Finning International Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Finning International. It measures of how well Finning is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Finning International brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Finning had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Finning International has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 29M | 508M | (210M) | (715M) | (390M) | (370.5M) | |
| Change In Cash | (186M) | 271M | (37M) | (214M) | 48M | 50.4M | |
| Free Cash Flow | 37M | 847M | 292M | (170M) | 100M | 99.5M | |
| Depreciation | 293M | 308M | 319M | 333M | 367M | 278.7M | |
| Other Non Cash Items | (214M) | (96M) | (130M) | (303M) | (82M) | (86.1M) | |
| Capital Expenditures | 154M | 115M | 133M | 171M | 247M | 259.4M | |
| End Period Cash Flow | 268M | 539M | 502M | 288M | 188M | 197.4M | |
| Investments | (116M) | (2M) | (7M) | (268M) | (255M) | (242.3M) | |
| Net Borrowings | 188M | (416M) | (5M) | 349M | 401.4M | 421.4M | |
| Change To Netincome | (125M) | 20M | 19M | (97M) | (87.3M) | (82.9M) |
Finning Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Finning International's current stock value. Our valuation model uses many indicators to compare Finning International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Finning International competition to find correlations between indicators driving Finning International's intrinsic value. More Info.Finning International is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Finning International is roughly 2.65 . At this time, Finning International's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Finning International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Finning International's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Finning International's earnings, one of the primary drivers of an investment's value.Finning International Systematic Risk
Finning International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Finning International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Finning International correlated with the market. If Beta is less than 0 Finning International generally moves in the opposite direction as compared to the market. If Finning International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Finning International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Finning International is generally in the same direction as the market. If Beta > 1 Finning International moves generally in the same direction as, but more than the movement of the benchmark.
Finning International Total Assets Over Time
About Finning International Financials
What exactly are Finning International Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Finning International's income statement, its balance sheet, and the statement of cash flows. Potential Finning International investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Finning International investors may use each financial statement separately, they are all related. The changes in Finning International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Finning International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Finning International Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Finning International is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Finning has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Finning International's financials are consistent with your investment objective using the following steps:- Review Finning International's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Finning International's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Finning International's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Finning International's stock is overvalued or undervalued.
Today, most investors in Finning International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Finning International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Finning International growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
Finning International April 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Finning International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Finning International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Finning International based on widely used predictive technical indicators. In general, we focus on analyzing Finning Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Finning International's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.56 | |||
| Information Ratio | 0.0417 | |||
| Maximum Drawdown | 12.2 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 2.82 |
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Finning Stock analysis
When running Finning International's price analysis, check to measure Finning International'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 Finning International is operating at the current time. Most of Finning International's value examination focuses on studying past and present price action to predict the probability of Finning International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finning International's price. Additionally, you may evaluate how the addition of Finning International to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |