FirstCash Holdings FCFS Consolidation — Payments For Proceeds From Loans Receivable

Discontinued — last reported Q1 '17

Similar metrics at other companies

WELLPayments for (Proceeds from) Loans Receivable

$644.8M+899%

PNCPayments for (Proceeds from) Loans Receivable

$13.77B+476%

AJGPayments for (Proceeds from) Loans Receivable

-$82M+1.2%

PNCPayments for (Proceeds from) Loans Receivable

$13.77B+476%

TFCPayments for (Proceeds from) Loans Receivable

$1.41B-42.2%

PMTRecognition Of Loans Held For Investment Resulting From Initial Consolidation Of Variable Interest Entities

$2.93B+180%

Other financials

Income statement

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Revenue$1.1B+25.7%

Gross profit$773.6M+26.3%

Net income$107.7M+28.8%

EPS (diluted)$2.43+29.9%

Balance sheet

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Cash & equivalents$130.7M-10.5%

Total debt$2.0B+0.3%

Total equity$2.3B+11.6%

Total assets$5.4B+21.1%

Cash flow

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Operating cash flow$153.6M+21.3%

CapEx$13.7M-19.5%

Free cash flow$132.8M+12.6%

Valuation

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Market cap$9.95B+53.5%

Enterprise value$11.86B+39.9%

P/E28.1×+5.0×

P/S2.6×+0.7×

Profitability

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Gross margin72.6%-0.5pp

Net margin9.1%+0.9pp

FCF margin14.5%+0.6pp

Returns & leverage

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Return on equity16.3%+2.6pp

Debt / equity0.9×-0.1×

Current ratio4.8×+0.4×

Where this comes from

Reported directly by FirstCash Holdings in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForProceedsFromLoansReceivable.

The official record: FirstCash Holdings’s 10-Q, filed May 5, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — payments for proceeds from loans receivable mean?: This represents the net cash flow adjustments related to intercompany loan activity that must be eliminated to avoid inflating the consolidated cash flow statement. It isolates the true external lending activity of the company from internal capital movements.