Comfort Common Stock Shares Outstanding vs Property Plant And Equipment Gross Analysis

FIX Stock  USD 316.74  10.60  3.24%   
Comfort Systems financial indicator trend analysis is way more than just evaluating Comfort Systems USA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comfort Systems USA is a good investment. Please check the relationship between Comfort Systems Common Stock Shares Outstanding and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Comfort Systems USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Common Stock Shares Outstanding vs Property Plant And Equipment Gross

Common Stock Shares Outstanding vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comfort Systems USA Common Stock Shares Outstanding account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very week relationship.
The correlation between Comfort Systems' Common Stock Shares Outstanding and Property Plant And Equipment Gross is 0.24. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Comfort Systems USA, assuming nothing else is changed. The correlation between historical values of Comfort Systems' Common Stock Shares Outstanding and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Comfort Systems USA are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Common Stock Shares Outstanding i.e., Comfort Systems' Common Stock Shares Outstanding and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Gross

Most indicators from Comfort Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comfort Systems USA 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 Comfort Systems USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Comfort Systems' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 62.4 M in 2024, despite the fact that Discontinued Operations is likely to grow to (12.8 K).
 2021 2022 2023 2024 (projected)
Gross Profit563.2M741.6M952.3M999.9M
Total Revenue3.1B4.1B5.2B5.5B

Comfort Systems fundamental ratios Correlations

0.770.970.991.00.940.51.00.990.840.980.350.840.990.290.80.920.36-0.691.00.990.990.810.880.760.76
0.770.720.660.730.720.930.740.710.420.840.290.420.720.150.970.510.11-0.680.790.750.680.830.870.330.33
0.970.720.950.960.850.470.960.970.770.960.480.770.960.380.790.870.48-0.650.970.940.950.740.820.690.69
0.990.660.950.990.950.350.990.990.910.940.280.911.00.320.690.970.34-0.630.980.981.00.770.810.840.84
1.00.730.960.990.940.451.00.990.860.970.350.860.990.280.760.940.36-0.670.990.990.990.790.870.780.78
0.940.720.850.950.940.410.930.930.920.890.030.920.960.30.680.920.05-0.570.930.940.950.870.780.850.85
0.50.930.470.350.450.410.460.420.050.620.320.050.420.040.90.170.08-0.570.530.480.370.620.71-0.03-0.03
1.00.740.960.991.00.930.460.980.840.980.360.840.990.230.780.930.36-0.690.990.990.980.790.890.770.77
0.990.710.970.990.990.930.420.980.860.960.330.860.990.370.740.940.38-0.610.990.980.990.770.820.790.79
0.840.420.770.910.860.920.050.840.860.74-0.021.00.880.310.40.950.09-0.420.830.850.910.690.60.940.94
0.980.840.960.940.970.890.620.980.960.740.450.740.960.240.890.850.4-0.750.990.970.940.810.940.650.65
0.350.290.480.280.350.030.320.360.33-0.020.45-0.020.280.080.490.140.84-0.420.360.290.270.10.43-0.09-0.09
0.840.420.770.910.860.920.050.840.861.00.74-0.020.880.310.40.950.09-0.420.830.850.910.690.60.940.94
0.990.720.961.00.990.960.420.990.990.880.960.280.880.330.740.950.32-0.630.990.991.00.810.830.810.81
0.290.150.380.320.280.30.040.230.370.310.240.080.310.330.170.230.20.230.290.240.340.2-0.080.270.27
0.80.970.790.690.760.680.90.780.740.40.890.490.40.740.170.530.32-0.730.820.780.710.760.90.310.31
0.920.510.870.970.940.920.170.930.940.950.850.140.950.950.230.530.27-0.570.910.940.960.670.730.90.9
0.360.110.480.340.360.050.080.360.380.090.40.840.090.320.20.320.27-0.390.360.330.32-0.060.290.10.1
-0.69-0.68-0.65-0.63-0.67-0.57-0.57-0.69-0.61-0.42-0.75-0.42-0.42-0.630.23-0.73-0.57-0.39-0.7-0.71-0.62-0.6-0.82-0.44-0.44
1.00.790.970.980.990.930.530.990.990.830.990.360.830.990.290.820.910.36-0.70.990.980.820.890.750.75
0.990.750.940.980.990.940.480.990.980.850.970.290.850.990.240.780.940.33-0.710.990.980.780.880.770.78
0.990.680.951.00.990.950.370.980.990.910.940.270.911.00.340.710.960.32-0.620.980.980.790.810.840.84
0.810.830.740.770.790.870.620.790.770.690.810.10.690.810.20.760.67-0.06-0.60.820.780.790.770.610.61
0.880.870.820.810.870.780.710.890.820.60.940.430.60.83-0.080.90.730.29-0.820.890.880.810.770.50.5
0.760.330.690.840.780.85-0.030.770.790.940.65-0.090.940.810.270.310.90.1-0.440.750.770.840.610.51.0
0.760.330.690.840.780.85-0.030.770.790.940.65-0.090.940.810.270.310.90.1-0.440.750.780.840.610.51.0
Click cells to compare fundamentals

Comfort Systems Account Relationship Matchups

Comfort Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.8B2.2B2.6B3.3B3.5B
Short Long Term Debt Total312.8M235.7M514.8M256.2M256.8M269.6M
Other Current Liab204.5M245.9M238.8M362.6M362.4M380.5M
Total Current Liabilities608.0M692.9M836.6M1.2B1.7B1.8B
Total Stockholder Equity585.3M696.4M805.7M999.9M1.3B1.3B
Property Plant And Equipment Net193.9M117.2M253.3M143.9M414.3M435.0M
Net Debt262.1M180.8M456.0M199.0M51.6M58.1M
Retained Earnings368.7M502.8M628.8M854.6M1.1B1.2B
Accounts Payable196.2M204.1M254.8M337.4M420.0M441.0M
Cash50.8M54.9M58.8M57.2M205.2M215.4M
Non Current Assets Total714.8M945.5M1.2B1.3B1.4B1.5B
Non Currrent Assets Other6.6M132.1M8.7M142.0M10.9M19.7M
Cash And Short Term Investments50.8M54.9M58.8M57.2M205.2M215.4M
Net Receivables714.9M683.8M923.0M1.1B1.6B1.7B
Common Stock Shares Outstanding37.1M36.7M36.5M36.0M35.9M40.9M
Liabilities And Stockholders Equity1.5B1.8B2.2B2.6B3.3B3.5B
Non Current Liabilities Total311.7M368.0M566.9M426.8M306.5M321.9M
Inventory10.1M13.5M21.9M35.3M65.5M68.8M
Other Current Assets14.4M73.2M23.7M122.1M54.3M36.5M
Other Stockholder Equity216.2M193.2M176.5M144.9M129.8M223.0M
Total Liab919.7M1.1B1.4B1.6B2.0B2.1B
Property Plant And Equipment Gross193.9M211.9M418.1M464.2M631.2M662.8M
Total Current Assets790.2M811.9M1.0B1.3B1.9B2.0B
Short Term Debt34.8M16.6M21.8M9M29.3M30.8M
Intangible Assets160.0M231.8M304.8M273.9M280.4M294.4M
Other Liab33.7M51.7M74.0M67.8M77.9M81.8M
Other Assets28.5M132.1M31.6M129.5M148.9M156.4M
Long Term Debt205.3M235.7M385.2M247.2M39.3M37.4M
Good Will332.4M464.4M592.1M611.8M666.8M700.2M
Treasury Stock(104.0M)(129.2M)(150.6M)(187.2M)(168.5M)(160.1M)
Property Plant Equipment109.8M117.2M128.6M143.9M165.5M173.8M
Current Deferred Revenue172.4M226.2M321.1M461.8M909.5M955.0M
Net Tangible Assets92.9M230K(91.2M)114.2M102.8M83.8M
Retained Earnings Total Equity368.7M502.8M628.8M854.6M982.8M1.0B
Capital Surpluse320.2M322.5M327.1M332.1M381.9M352.3M

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