First National Financial Corp (FN) - Total Assets
Based on the latest financial reports, First National Financial Corp (FN) holds total assets worth CA$54.40 Billion CAD (≈ $39.35 Billion USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore FN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
First National Financial Corp - Total Assets Trend (2006–2024)
This chart illustrates how First National Financial Corp's total assets have evolved over time, based on quarterly financial data. See First National Financial Corp shareholders equity for net asset value and shareholders' equity analysis.
First National Financial Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
First National Financial Corp's total assets of CA$54.40 Billion consist of 0.5% current assets and 99.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.0% |
| Accounts Receivable | CA$238.03 Million | 0.5% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$72.36 Million | 0.1% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$29.78 Million | 0.1% |
Asset Composition Trend (2006–2024)
This chart illustrates how First National Financial Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FN stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First National Financial Corp's current assets represent 0.5% of total assets in 2024, a decrease from 0.9% in 2006.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, the same as 0.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
First National Financial Corp Competitors by Total Assets
Key competitors of First National Financial Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Timbercreek Financial Corp
TO:TF
|
Canada | CA$2.08 Billion |
|
Builders Capital Mortgage Corp
V:BCF
|
Canada | CA$53.12 Million |
|
Reliance Home Finance Limited
NSE:RHFL
|
India | Rs153.10 Billion |
|
Australian Finance Group Ltd
AU:AFG
|
Australia | AU$7.92 Billion |
|
Resimac Group Ltd
AU:RMC
|
Australia | AU$16.65 Billion |
|
N1 Holdings Ltd
AU:N1H
|
Australia | AU$169.64 Million |
|
Atrium Mortgage Investment Corp
TO:AI
|
Canada | CA$894.42 Million |
|
MCAN Mortgage Corporation
TO:MKP
|
Canada | CA$6.66 Billion |
First National Financial Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.05 | 14.60 |
| Quick Ratio | 0.05 | 0.05 | 14.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-5.11 Billion | CA$-5.35 Billion | CA$35.65 Billion |
First National Financial Corp - Advanced Valuation Insights
This section examines the relationship between First National Financial Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.44 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 11.3% |
| Total Assets | CA$51.16 Billion |
| Market Capitalization | $2.08 Billion USD |
Valuation Analysis
Below Book Valuation: The market values First National Financial Corp's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: First National Financial Corp's assets grew by 11.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for First National Financial Corp (2006–2024)
The table below shows the annual total assets of First National Financial Corp from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$51.16 Billion ≈ $37.01 Billion |
+11.31% |
| 2023-12-31 | CA$45.96 Billion ≈ $33.24 Billion |
+5.01% |
| 2022-12-31 | CA$43.76 Billion ≈ $31.66 Billion |
+3.52% |
| 2021-12-31 | CA$42.27 Billion ≈ $30.58 Billion |
+7.05% |
| 2020-12-31 | CA$39.49 Billion ≈ $28.57 Billion |
+4.78% |
| 2019-12-31 | CA$37.69 Billion ≈ $27.26 Billion |
+4.57% |
| 2018-12-31 | CA$36.04 Billion ≈ $26.07 Billion |
+9.95% |
| 2017-12-31 | CA$32.78 Billion ≈ $23.71 Billion |
+7.84% |
| 2016-12-31 | CA$30.39 Billion ≈ $21.99 Billion |
+8.84% |
| 2015-12-31 | CA$27.93 Billion ≈ $20.20 Billion |
+7.60% |
| 2014-12-31 | CA$25.95 Billion ≈ $18.77 Billion |
+26.18% |
| 2013-12-31 | CA$20.57 Billion ≈ $14.88 Billion |
+36.93% |
| 2012-12-31 | CA$15.02 Billion ≈ $10.87 Billion |
+26.00% |
| 2011-12-31 | CA$11.92 Billion ≈ $8.62 Billion |
+3865.13% |
| 2010-12-31 | CA$300.68 Million ≈ $217.51 Million |
-95.48% |
| 2009-12-31 | CA$6.65 Billion ≈ $4.81 Billion |
+5801.81% |
| 2008-12-31 | CA$112.67 Million ≈ $81.51 Million |
+8.67% |
| 2007-12-31 | CA$103.69 Million ≈ $75.01 Million |
-6.09% |
| 2006-12-31 | CA$110.42 Million ≈ $79.87 Million |
-- |
About First National Financial Corp
First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages. It provides underwriting and fulfillment processing services through mortgage broker distr… Read more