FirstCash Change In Cash vs Capital Expenditures Analysis

FCFS Stock

USD 117.53 0.29 0.25%

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 Change In Cash and its Capital Expenditures 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.

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstCash Change In Cash account and Capital Expenditures. At this time, the significance of the direction appears to have almost no relationship.

The correlation between FirstCash's Change In Cash and Capital Expenditures is 0.11. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of FirstCash, assuming nothing else is changed. The correlation between historical values of FirstCash's Change In Cash and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of FirstCash are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Cash i.e., FirstCash's Change In Cash and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Capital Expenditures

Capital Expenditures are funds used by FirstCash to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of FirstCash operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 is likely to gain to about 3.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 91.2 M in 2024.

	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	0.34	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	0.18	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	0.46	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	0.27	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	0.46	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	0.18	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	0.18	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	0.08	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	0.3	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	0.29	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	0.73	-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	0.3	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	0.44	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	0.26	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	0.22	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	0.62	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	0.63	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	0.23	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	0.16	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		0.45	0.84	0.58	0.45	0.73	0.74
Short Term Debt	0.34	0.18	0.46	0.27	0.46	0.18	0.18	0.08	0.3	0.29	0.73	0.3	0.44	0.26	0.22	0.62	0.63	0.23	0.16	0.45		0.12	0.0	-0.05	0.35	0.35
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	0.12		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	0.0	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	-0.05	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	0.35	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	0.35	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

Pair Trading with FirstCash

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FirstCash position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FirstCash will appreciate offsetting losses from the drop in the long position's value.

Moving against FirstCash Stock

0.49	BN	Brookfield Corp	Pair Corr
0.48	AC	Associated Capital	Pair Corr
0.48	DX	Dynex Capital	Pair Corr

The ability to find closely correlated positions to FirstCash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstCash when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FirstCash - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FirstCash to buy it.

The correlation of FirstCash is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FirstCash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstCash moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for FirstCash can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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

Details

Is FirstCash Stock a good investment?

Details

What is FirstCash's Net Worth?

Details

Largest Consumer Finance Companies

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Largest Financial Services Companies

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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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

5.12

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 Change In Cash vs Capital Expenditures Analysis

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change In Cash

Capital Expenditures

FirstCash fundamental ratios Correlations

FirstCash Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FirstCash fundamental ratios Accounts

Pair Trading with FirstCash

Moving against FirstCash Stock

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