Comfort Property Plant And Equipment Gross vs Total Liab Analysis

FIX Stock  USD 338.83  3.49  1.02%   
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 Property Plant And Equipment Gross and its Total Liab 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.

Property Plant And Equipment Gross vs Total Liab

Property Plant And Equipment Gross vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comfort Systems USA Property Plant And Equipment Gross account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Comfort Systems' Property Plant And Equipment Gross and Total Liab is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Liab 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' Property Plant And Equipment Gross and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Comfort Systems USA are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Gross i.e., Comfort Systems' Property Plant And Equipment Gross and Total Liab go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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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When determining whether Comfort Systems USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comfort Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comfort Systems Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comfort Systems Usa Stock:
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.
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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.