ASSOCIATES FIRST CAPITAL CORP

As of September 30, 2000, ASSOCIATES FIRST CAPITAL CORP carries a market capitalization of 21.86M, placing it among publicly traded companies globally. Its enterprise value stands at 64.65B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

As of September 30, 2000, ASSOCIATES FIRST CAPITAL CORP has 728.55M shares outstanding.

As of September 30, 2000, ASSOCIATES FIRST CAPITAL CORP trades at a trailing price-to-earnings ratio of 0.01. The price-to-sales ratio is 0.00, and the price-to-book ratio stands at 0.00.

These figures are as of September 30, 2000. The EV/Sales ratio of 5.74 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. ASSOCIATES FIRST CAPITAL CORP trades at an EV/FCF ratio of 19.83, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 64.65B versus a market cap of 21.86M, with the gap driven by net debt and cash on the balance sheet.

These figures are as of September 30, 2000.

Over the twelve months ended September 30, 2000, ASSOCIATES FIRST CAPITAL CORP posted a return on equity (ROE) of 15.53, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 1.75, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 1.86, useful for judging operating efficiency across full business cycles.

Over the twelve months ended September 30, 2000, ASSOCIATES FIRST CAPITAL CORP recorded 885.20M in income tax expense. That works out to an effective tax rate of 36.20, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.45B, leaving 1.56B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Over the twelve months ended September 30, 2000, ASSOCIATES FIRST CAPITAL CORP generated 11.27B in revenue and converted that into 1.56B in net income, yielding earnings per share of 2.14.

As of September 30, 2000, ASSOCIATES FIRST CAPITAL CORP holds 12.69B in cash and equivalents against 77.24B in total debt, resulting in a net debt position of 74.03B.

ASSOCIATES FIRST CAPITAL CORP produced 3.26B in operating cash flow over the twelve months ended September 30, 2000. After subtracting - - in capital expenditures, free cash flow totaled 3.26B - equivalent to 4.47 per share.

These figures cover the twelve months ended September 30, 2000.

These figures cover the twelve months ended September 30, 2000. Free cash flow yield stands at 14,914.95, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -24,260.87, meaning ASSOCIATES FIRST CAPITAL CORP raised more capital through share issuance and new debt than it returned via dividends and buybacks.