FirstCash Net Income vs Income Tax Expense Analysis

FCFS Stock

USD 119.21 1.30 1.08%

FirstCash financial indicator trend analysis is much more than just examining FirstCash latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FirstCash is a good investment. Please check the relationship between FirstCash Net Income and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstCash. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstCash Net Income account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.

The correlation between FirstCash's Net Income and Income Tax Expense is 0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of FirstCash, assuming nothing else is changed. The correlation between historical values of FirstCash's Net Income and Income Tax Expense 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 Income of FirstCash are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income i.e., FirstCash's Net Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in FirstCash financial statement analysis. It represents the amount of money remaining after all of FirstCash operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Tax Expense

Most indicators from FirstCash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FirstCash 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 FirstCash. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.At this time, FirstCash's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.91 in 2024, despite the fact that Discontinued Operations is likely to grow to (232.6 K).

	2021	2022	2023	2024 (projected)
Gross Profit	919.2M	1.3B	1.5B	1.6B
Total Revenue	1.7B	2.7B	3.2B	3.3B

Gross Profit Total Revenue

FirstCash 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.67	0.98	0.97	0.95	0.97	0.89	0.78	1.0	0.08	0.78	0.98	0.64	0.98	0.88	0.81	0.98	0.85	0.98	0.38	0.88	0.62	0.5	0.7	0.71
Short Long Term Debt Total	0.97		0.61	0.97	0.89	0.98	1.0	0.93	0.73	0.98	-0.14	0.73	0.91	0.52	1.0	0.75	0.65	1.0	0.89	0.91	0.3	0.94	0.66	0.46	0.61	0.62
Other Current Liab	0.67	0.61		0.52	0.71	0.52	0.6	0.59	0.71	0.63	0.43	0.71	0.71	0.42	0.63	0.74	0.61	0.62	0.63	0.76	0.3	0.67	0.28	-0.06	0.43	0.44
Total Current Liabilities	0.98	0.97	0.52		0.93	0.96	0.97	0.86	0.73	0.98	-0.04	0.73	0.94	0.58	0.97	0.8	0.75	0.98	0.82	0.93	0.37	0.87	0.66	0.59	0.67	0.68
Total Stockholder Equity	0.97	0.89	0.71	0.93		0.88	0.89	0.82	0.79	0.96	0.28	0.79	0.99	0.73	0.91	0.96	0.9	0.91	0.78	0.99	0.42	0.78	0.52	0.49	0.74	0.75
Property Plant And Equipment Net	0.95	0.98	0.52	0.96	0.88		0.98	0.91	0.66	0.97	-0.17	0.66	0.89	0.55	0.97	0.74	0.65	0.97	0.9	0.88	0.32	0.86	0.59	0.44	0.62	0.63
Net Debt	0.97	1.0	0.6	0.97	0.89	0.98		0.92	0.7	0.98	-0.15	0.7	0.9	0.5	1.0	0.75	0.65	1.0	0.89	0.91	0.31	0.93	0.66	0.45	0.59	0.61
Retained Earnings	0.89	0.93	0.59	0.86	0.82	0.91	0.92		0.78	0.9	-0.15	0.78	0.83	0.6	0.92	0.68	0.49	0.91	0.87	0.84	0.16	0.85	0.65	0.37	0.68	0.69
Cash	0.78	0.73	0.71	0.73	0.79	0.66	0.7	0.78		0.75	0.23	1.0	0.79	0.64	0.75	0.72	0.61	0.75	0.6	0.84	0.22	0.77	0.63	0.42	0.72	0.73
Non Current Assets Total	1.0	0.98	0.63	0.98	0.96	0.97	0.98	0.9	0.75		0.01	0.75	0.96	0.62	0.99	0.85	0.77	0.99	0.86	0.96	0.36	0.88	0.62	0.51	0.68	0.69
Non Currrent Assets Other	0.08	-0.14	0.43	-0.04	0.28	-0.17	-0.15	-0.15	0.23	0.01		0.23	0.26	0.35	-0.09	0.52	0.55	-0.09	-0.14	0.26	0.36	-0.19	-0.22	-0.04	0.26	0.26
Cash And Short Term Investments	0.78	0.73	0.71	0.73	0.79	0.66	0.7	0.78	1.0	0.75	0.23		0.79	0.64	0.75	0.72	0.61	0.75	0.6	0.84	0.22	0.77	0.63	0.42	0.72	0.73
Net Receivables	0.98	0.91	0.71	0.94	0.99	0.89	0.9	0.83	0.79	0.96	0.26	0.79		0.7	0.92	0.95	0.88	0.93	0.8	1.0	0.41	0.81	0.55	0.48	0.73	0.74
Common Stock Shares Outstanding	0.64	0.52	0.42	0.58	0.73	0.55	0.5	0.6	0.64	0.62	0.35	0.64	0.7		0.53	0.74	0.68	0.54	0.39	0.68	0.1	0.34	0.33	0.54	0.93	0.93
Non Current Liabilities Total	0.98	1.0	0.63	0.97	0.91	0.97	1.0	0.92	0.75	0.99	-0.09	0.75	0.92	0.53		0.77	0.68	1.0	0.88	0.93	0.32	0.94	0.67	0.46	0.62	0.63
Inventory	0.88	0.75	0.74	0.8	0.96	0.74	0.75	0.68	0.72	0.85	0.52	0.72	0.95	0.74	0.77		0.94	0.78	0.66	0.94	0.49	0.61	0.37	0.39	0.73	0.74
Other Stockholder Equity	0.81	0.65	0.61	0.75	0.9	0.65	0.65	0.49	0.61	0.77	0.55	0.61	0.88	0.68	0.68	0.94		0.69	0.51	0.86	0.5	0.52	0.29	0.49	0.64	0.64
Total Liab	0.98	1.0	0.62	0.98	0.91	0.97	1.0	0.91	0.75	0.99	-0.09	0.75	0.93	0.54	1.0	0.78	0.69		0.88	0.93	0.33	0.93	0.67	0.48	0.63	0.64
Property Plant And Equipment Gross	0.85	0.89	0.63	0.82	0.78	0.9	0.89	0.87	0.6	0.86	-0.14	0.6	0.8	0.39	0.88	0.66	0.51	0.88		0.8	0.28	0.82	0.45	0.08	0.46	0.48
Total Current Assets	0.98	0.91	0.76	0.93	0.99	0.88	0.91	0.84	0.84	0.96	0.26	0.84	1.0	0.68	0.93	0.94	0.86	0.93	0.8		0.41	0.84	0.58	0.45	0.73	0.74
Short Term Debt	0.38	0.3	0.3	0.37	0.42	0.32	0.31	0.16	0.22	0.36	0.36	0.22	0.41	0.1	0.32	0.49	0.5	0.33	0.28	0.41		0.26	0.15	-0.07	0.27	0.27
Other Current Assets	0.88	0.94	0.67	0.87	0.78	0.86	0.93	0.85	0.77	0.88	-0.19	0.77	0.81	0.34	0.94	0.61	0.52	0.93	0.82	0.84	0.26		0.74	0.35	0.48	0.49
Intangible Assets	0.62	0.66	0.28	0.66	0.52	0.59	0.66	0.65	0.63	0.62	-0.22	0.63	0.55	0.33	0.67	0.37	0.29	0.67	0.45	0.58	0.15	0.74		0.51	0.48	0.49
Accounts Payable	0.5	0.46	-0.06	0.59	0.49	0.44	0.45	0.37	0.42	0.51	-0.04	0.42	0.48	0.54	0.46	0.39	0.49	0.48	0.08	0.45	-0.07	0.35	0.51		0.52	0.52
Common Stock Total Equity	0.7	0.61	0.43	0.67	0.74	0.62	0.59	0.68	0.72	0.68	0.26	0.72	0.73	0.93	0.62	0.73	0.64	0.63	0.46	0.73	0.27	0.48	0.48	0.52		1.0
Common Stock	0.71	0.62	0.44	0.68	0.75	0.63	0.61	0.69	0.73	0.69	0.26	0.73	0.74	0.93	0.63	0.74	0.64	0.64	0.48	0.74	0.27	0.49	0.49	0.52	1.0

Click cells to compare fundamentals

FirstCash Account Relationship Matchups

FirstCash fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.4B	3.8B	3.9B	4.3B	4.5B
Short Long Term Debt Total	911.5M	899.4M	1.6B	1.7B	1.9B	2.0B
Other Current Liab	4.3M	1.1M	3.4M	110.2M	136.5M	143.4M
Total Current Liabilities	202.9M	206.4M	390.8M	295.5M	335.6M	352.4M
Total Stockholder Equity	1.4B	1.3B	1.8B	1.9B	2.0B	2.1B
Property Plant And Equipment Net	640.7M	672.6M	768.6M	845.7M	961.2M	1.0B
Net Debt	865.0M	833.6M	1.5B	1.6B	1.8B	1.9B
Retained Earnings	727.5M	789.3M	866.7M	1.1B	1.2B	1.3B
Cash	46.5M	65.9M	120.0M	117.3M	127.0M	133.4M
Non Current Assets Total	1.7B	1.7B	2.7B	2.8B	3.0B	3.1B
Non Currrent Assets Other	11.5M	9.8M	8.5M	9.4M	10.2M	12.5M
Cash And Short Term Investments	46.5M	65.9M	120.0M	117.3M	127.0M	133.4M
Net Receivables	417.8M	359.0M	595.5M	551.9M	657.7M	690.6M
Common Stock Shares Outstanding	43.2M	41.6M	41.0M	47.3M	45.7M	30.9M
Liabilities And Stockholders Equity	2.4B	2.4B	3.8B	3.9B	4.3B	4.5B
Non Current Liabilities Total	886.5M	882.0M	1.6B	1.7B	2.0B	2.1B
Inventory	265.3M	190.4M	263.3M	288.3M	312.1M	327.7M
Other Stockholder Equity	719.0M	612.5M	1.1B	925.2M	820.9M	861.9M
Total Liab	1.1B	1.1B	2.0B	2.0B	2.3B	2.4B
Property Plant And Equipment Gross	640.7M	672.6M	462.5M	538.7M	1.4B	1.5B
Total Current Assets	741.0M	624.6M	1.1B	1.1B	1.3B	1.4B
Accumulated Other Comprehensive Income	(97.0M)	(118.4M)	(131.3M)	(106.6M)	(43.0M)	(45.2M)
Short Term Debt	86.5M	88.6M	90.6M	92.9M	102.0M	107.1M
Other Current Assets	11.4M	9.4M	156.2M	173.1M	209.8M	220.3M
Intangible Assets	85.9M	83.7M	388.2M	330.3M	277.7M	291.6M
Accounts Payable	72.4M	81.9M	239.5M	139.5M	26.5M	35.4M
Other Assets	23.2M	312.9M	14.1M	16.8M	19.3M	31.9M
Long Term Debt	631.6M	615.9M	1.3B	1.4B	1.6B	1.7B
Treasury Stock	(512.5M)	(609.3M)	(652.8M)	(809.4M)	(728.4M)	(692.0M)
Property Plant Equipment	336.2M	373.7M	768.6M	538.7M	619.5M	650.5M
Good Will	948.6M	977.4M	1.5B	1.6B	1.7B	1.8B
Current Deferred Revenue	39.7M	34.7M	57.3M	63.1M	70.6M	74.1M
Net Tangible Assets	1.4B	1.3B	(108.3M)	1.9B	2.2B	2.3B
Retained Earnings Total Equity	727.5M	789.3M	866.7M	1.1B	1.2B	633.1M
Capital Surpluse	1.2B	1.2B	1.7B	1.7B	2.0B	1.0B

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FirstCash in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FirstCash's short interest history, or implied volatility extrapolated from FirstCash options trading.

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When determining whether FirstCash is a strong investment it is important to analyze FirstCash'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 FirstCash's future performance. For an informed investment choice regarding FirstCash Stock, refer to the following important reports:

How To Invest In FirstCash

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Is FirstCash Stock a good investment?

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What is FirstCash's Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstCash. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.

Note that the FirstCash information on this page should be used as a complementary analysis to other FirstCash's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for FirstCash Stock analysis

When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.

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Is FirstCash's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstCash. If investors know FirstCash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstCash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.324

Dividend Share

1.38

Earnings Share

5.13

Revenue Per Share

71.318

Quarterly Revenue Growth

0.097

The market value of FirstCash is measured differently than its book value, which is the value of FirstCash that is recorded on the company's balance sheet. Investors also form their own opinion of FirstCash's value that differs from its market value or its book value, called intrinsic value, which is FirstCash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstCash's market value can be influenced by many factors that don't directly affect FirstCash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between FirstCash's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstCash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstCash'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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FirstCash Net Income vs Income Tax Expense Analysis

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Net Income

Income Tax Expense

FirstCash fundamental ratios Correlations

FirstCash Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FirstCash fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for FirstCash Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt
Total Liab	+ 1.0	Net Debt

Intangible Assets	- 0.22	Non Currrent Assets Other
Other Current Assets	- 0.19	Non Currrent Assets Other
Non Currrent Assets Other	- 0.17	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.15	Retained Earnings
Non Currrent Assets Other	- 0.15	Net Debt
Property Plant And Equipment Gross	- 0.14	Non Currrent Assets Other