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First National Financial (TSE:FN)
:FN
Canadian Market
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First National Financial (FN) Ratios

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First National Financial Ratios

TSE:FN's free cash flow for Q2 2025 was C$0.30. For the 2025 fiscal year, TSE:FN's free cash flow was decreased by C$ and operating cash flow was C$0.15. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.05 0.00 1.03 0.99 3.03
Quick Ratio
0.05 0.00 -6.93 -9.70 -18.95
Cash Ratio
0.00 0.00 -0.36 -0.44 -0.44
Solvency Ratio
<0.01 <0.01 0.03 0.03 0.03
Operating Cash Flow Ratio
0.05 0.00 3.57 -3.38 -4.79
Short-Term Operating Cash Flow Coverage
0.15 0.00 0.00 0.00 0.00
Net Current Asset Value
C$ -53.39BC$ -47.78BC$ -38.21BC$ -37.00BC$ -38.76B
Leverage Ratios
Debt-to-Assets Ratio
0.92 0.88 0.88 0.88 0.90
Debt-to-Equity Ratio
66.95 55.05 54.94 64.07 61.97
Debt-to-Capital Ratio
0.99 0.98 0.98 0.98 0.98
Long-Term Debt-to-Capital Ratio
0.98 0.98 0.98 0.98 0.98
Financial Leverage Ratio
72.87 62.29 62.61 73.21 69.18
Debt Service Coverage Ratio
0.09 0.33 -0.08 0.37 0.33
Interest Coverage Ratio
0.24 0.43 0.29 0.39 0.34
Debt to Market Cap
17.29 17.62 17.56 14.82 14.21
Interest Debt Per Share
860.41 698.46 655.02 628.22 602.51
Net Debt to EBITDA
126.26 79.40 0.00 115.08 110.73
Profitability Margins
Gross Profit Margin
42.36%-78.42%-41.61%-76.16%-101.10%
EBIT Margin
27.95%66.18%-1.95%60.89%67.84%
EBITDA Margin
28.84%68.07%0.00%62.67%69.51%
Operating Profit Margin
28.26%73.32%36.11%51.36%56.26%
Pretax Profit Margin
18.54%45.77%38.50%51.36%56.26%
Net Profit Margin
13.65%33.64%28.29%37.88%41.37%
Continuous Operations Profit Margin
13.65%33.64%28.29%37.88%41.37%
Net Income Per EBT
73.62%73.51%73.48%73.75%73.52%
EBT Per EBIT
65.60%62.42%106.60%100.00%100.00%
Return on Assets (ROA)
0.34%0.55%0.45%0.46%0.48%
Return on Equity (ROE)
25.47%34.27%28.29%33.70%33.33%
Return on Capital Employed (ROCE)
0.79%1.20%0.58%0.63%0.66%
Return on Invested Capital (ROIC)
0.56%0.88%150.76%6.84%8.03%
Return on Tangible Assets
0.34%0.55%0.45%0.46%0.48%
Earnings Yield
6.49%10.98%9.05%7.81%7.65%
Efficiency Ratios
Receivables Turnover
5.25 1.57 3.53 3.01 0.00
Payables Turnover
4.68 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.87 0.71 0.80
Fixed Asset Turnover
20.11 9.06 7.82 5.75 13.85
Asset Turnover
0.03 0.02 0.02 0.01 0.01
Working Capital Turnover Ratio
-0.26 -0.59 569.67 9.76 4.32
Cash Conversion Cycle
-8.41 232.24 522.13 635.72 454.98
Days of Sales Outstanding
69.50 232.24 103.28 121.31 0.00
Days of Inventory Outstanding
0.00 0.00 418.85 514.41 454.98
Days of Payables Outstanding
77.91 0.00 0.00 0.00 0.00
Operating Cycle
69.50 232.24 522.13 635.72 454.98
Cash Flow Ratios
Operating Cash Flow Per Share
4.83 -1.73 8.49 -6.72 -4.18
Free Cash Flow Per Share
4.80 -1.83 8.28 -7.25 -4.24
CapEx Per Share
0.03 0.10 0.21 0.53 0.06
Free Cash Flow to Operating Cash Flow
0.99 1.06 0.98 1.08 1.01
Dividend Paid and CapEx Coverage Ratio
1.57 -0.52 3.26 -1.65 -1.63
Capital Expenditure Coverage Ratio
175.56 -16.69 41.13 -12.61 -70.00
Operating Cash Flow Coverage Ratio
<0.01 >-0.01 0.01 -0.01 >-0.01
Operating Cash Flow to Sales Ratio
0.21 -0.14 0.73 -0.78 -0.55
Free Cash Flow Yield
9.97%-4.77%22.75%-17.45%-10.23%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
15.42 9.10 11.05 12.81 13.08
Price-to-Sales (P/S) Ratio
2.10 3.06 3.12 4.85 5.41
Price-to-Book (P/B) Ratio
3.87 3.12 3.12 4.32 4.36
Price-to-Free Cash Flow (P/FCF) Ratio
10.03 -20.98 4.40 -5.73 -9.77
Price-to-Operating Cash Flow Ratio
9.97 -22.24 4.29 -6.19 -9.91
Price-to-Earnings Growth (PEG) Ratio
2.99 0.33 7.07 5.00 1.72
Price-to-Fair Value
3.87 3.12 3.12 4.32 4.36
Enterprise Value Multiple
133.56 83.90 0.00 122.82 118.51
Enterprise Value
52.87B 42.91B 40.64B 39.54B 37.88B
EV to EBITDA
133.56 83.90 0.00 122.82 118.51
EV to Sales
38.52 57.11 58.14 76.98 82.37
EV to Free Cash Flow
183.57 -391.17 81.81 -90.92 -148.82
EV to Operating Cash Flow
182.52 -414.60 79.82 -98.14 -150.94
Tangible Book Value Per Share
11.95 11.81 89.72 85.46 9.02
Shareholders’ Equity Per Share
12.45 12.30 11.66 9.63 9.52
Tax and Other Ratios
Effective Tax Rate
0.26 0.26 0.27 0.26 0.26
Revenue Per Share
22.89 12.53 11.66 8.57 7.67
Net Income Per Share
3.12 4.22 3.30 3.24 3.17
Tax Burden
0.74 0.74 0.73 0.74 0.74
Interest Burden
0.66 0.69 -19.75 0.84 0.83
Research & Development to Revenue
0.00 0.00 <0.01 <0.01 <0.01
SG&A to Revenue
0.17 0.27 0.28 0.34 0.31
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
1.55 -0.41 2.57 -2.07 -1.32
Currency in CAD
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