GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Financial Corp (TSX:FN) » Definitions » Debt-to-Revenue

First National Financial (TSX:FN) Debt-to-Revenue : 79.02 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is First National Financial Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

First National Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.0 Mil. First National Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$40,612.2 Mil. First National Financial's annualized Revenue for the quarter that ended in Dec. 2023 was C$514.0 Mil. First National Financial's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 79.02.


First National Financial Debt-to-Revenue Historical Data

The historical data trend for First National Financial's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First National Financial Debt-to-Revenue Chart

First National Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.09 76.91 75.07 73.05 66.34

First National Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.38 83.61 53.20 55.87 79.02

Competitive Comparison of First National Financial's Debt-to-Revenue

For the Mortgage Finance subindustry, First National Financial's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First National Financial's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National Financial's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where First National Financial's Debt-to-Revenue falls into.



First National Financial Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

First National Financial's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 40612.229) / 612.204
=66.34

First National Financial's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 40612.229) / 513.98
=79.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


First National Financial Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of First National Financial's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


First National Financial (TSX:FN) Business Description

Address
16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6
First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages. Most mortgages originated by First National are funded either by placement with institutional investors or through securitization conduits, in each case with retained servicing. In general, originations are allocated from one funding source to another depending on market conditions and strategic considerations related to maintaining diversified funding sources.