Comfort Net Debt vs Total Stockholder Equity Analysis
FIX Stock | USD 336.75 2.43 0.73% |
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 Net Debt and its Total Stockholder Equity 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.
Net Debt vs Total Stockholder Equity
Net Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comfort Systems USA Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Comfort Systems' Net Debt and Total Stockholder Equity is 0.45. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity 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' Net Debt and Total Stockholder Equity 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 Debt of Comfort Systems USA are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Comfort Systems' Net Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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.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 Profit | 563.2M | 741.6M | 952.3M | 999.9M | Total Revenue | 3.1B | 4.1B | 5.2B | 5.5B |
Comfort Systems fundamental ratios Correlations
Click cells to compare fundamentals
Comfort Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comfort Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.8B | 2.2B | 2.6B | 3.3B | 3.5B | |
Short Long Term Debt Total | 312.8M | 235.7M | 514.8M | 256.2M | 256.8M | 269.6M | |
Other Current Liab | 204.5M | 245.9M | 238.8M | 362.6M | 362.4M | 380.5M | |
Total Current Liabilities | 608.0M | 692.9M | 836.6M | 1.2B | 1.7B | 1.8B | |
Total Stockholder Equity | 585.3M | 696.4M | 805.7M | 999.9M | 1.3B | 1.3B | |
Property Plant And Equipment Net | 193.9M | 117.2M | 253.3M | 143.9M | 414.3M | 435.0M | |
Net Debt | 262.1M | 180.8M | 456.0M | 199.0M | 51.6M | 58.1M | |
Retained Earnings | 368.7M | 502.8M | 628.8M | 854.6M | 1.1B | 1.2B | |
Accounts Payable | 196.2M | 204.1M | 254.8M | 337.4M | 420.0M | 441.0M | |
Cash | 50.8M | 54.9M | 58.8M | 57.2M | 205.2M | 215.4M | |
Non Current Assets Total | 714.8M | 945.5M | 1.2B | 1.3B | 1.4B | 1.5B | |
Non Currrent Assets Other | 6.6M | 132.1M | 8.7M | 142.0M | 10.9M | 19.7M | |
Cash And Short Term Investments | 50.8M | 54.9M | 58.8M | 57.2M | 205.2M | 215.4M | |
Net Receivables | 714.9M | 683.8M | 923.0M | 1.1B | 1.6B | 1.7B | |
Common Stock Shares Outstanding | 37.1M | 36.7M | 36.5M | 36.0M | 35.9M | 40.9M | |
Liabilities And Stockholders Equity | 1.5B | 1.8B | 2.2B | 2.6B | 3.3B | 3.5B | |
Non Current Liabilities Total | 311.7M | 368.0M | 566.9M | 426.8M | 306.5M | 321.9M | |
Inventory | 10.1M | 13.5M | 21.9M | 35.3M | 65.5M | 68.8M | |
Other Current Assets | 14.4M | 73.2M | 23.7M | 122.1M | 54.3M | 36.5M | |
Other Stockholder Equity | 216.2M | 193.2M | 176.5M | 144.9M | 129.8M | 223.0M | |
Total Liab | 919.7M | 1.1B | 1.4B | 1.6B | 2.0B | 2.1B | |
Property Plant And Equipment Gross | 193.9M | 211.9M | 418.1M | 464.2M | 631.2M | 662.8M | |
Total Current Assets | 790.2M | 811.9M | 1.0B | 1.3B | 1.9B | 2.0B | |
Short Term Debt | 34.8M | 16.6M | 21.8M | 9M | 29.3M | 30.8M | |
Intangible Assets | 160.0M | 231.8M | 304.8M | 273.9M | 280.4M | 294.4M | |
Other Liab | 33.7M | 51.7M | 74.0M | 67.8M | 77.9M | 81.8M | |
Other Assets | 28.5M | 132.1M | 31.6M | 129.5M | 148.9M | 156.4M | |
Long Term Debt | 205.3M | 235.7M | 385.2M | 247.2M | 39.3M | 37.4M | |
Good Will | 332.4M | 464.4M | 592.1M | 611.8M | 666.8M | 700.2M | |
Treasury Stock | (104.0M) | (129.2M) | (150.6M) | (187.2M) | (168.5M) | (160.1M) | |
Property Plant Equipment | 109.8M | 117.2M | 128.6M | 143.9M | 165.5M | 173.8M | |
Current Deferred Revenue | 172.4M | 226.2M | 321.1M | 461.8M | 909.5M | 955.0M | |
Net Tangible Assets | 92.9M | 230K | (91.2M) | 114.2M | 102.8M | 83.8M | |
Retained Earnings Total Equity | 368.7M | 502.8M | 628.8M | 854.6M | 982.8M | 1.0B | |
Capital Surpluse | 320.2M | 322.5M | 327.1M | 332.1M | 381.9M | 352.3M |
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Is Comfort Systems' 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 Comfort Systems. If investors know Comfort 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 Comfort Systems 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 0.692 | Dividend Share 0.925 | Earnings Share 10.1 | Revenue Per Share 155.633 | Quarterly Revenue Growth 0.309 |
The market value of Comfort Systems USA is measured differently than its book value, which is the value of Comfort that is recorded on the company's balance sheet. Investors also form their own opinion of Comfort Systems' value that differs from its market value or its book value, called intrinsic value, which is Comfort Systems' 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 Comfort Systems' market value can be influenced by many factors that don't directly affect Comfort Systems' 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 Comfort Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comfort Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comfort Systems' 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.