First Quick Ratio from 2010 to 2024

FSFG Stock  USD 16.30  0.11  0.67%   
First Savings' Quick Ratio is decreasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 13.42. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
14.13
Current Value
13.42
Quarterly Volatility
445.5444849
 
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Covid
Check First Savings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Savings' main balance sheet or income statement drivers, such as Interest Expense of 50.3 M, Total Revenue of 50.8 M or Gross Profit of 50.8 M, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0355 or PTB Ratio of 0.73. First financial statements analysis is a perfect complement when working with First Savings Valuation or Volatility modules.
  
Check out the analysis of First Savings Correlation against competitors.

Latest First Savings' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of First Savings Financial over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. First Savings' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Savings' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

First Quick Ratio Regression Statistics

Arithmetic Mean540.67
Geometric Mean260.07
Coefficient Of Variation82.41
Mean Deviation397.34
Median354.54
Standard Deviation445.54
Sample Variance198,510
Range1.2K
R-Value(0.56)
Mean Square Error147,843
R-Squared0.31
Significance0.03
Slope(55.33)
Total Sum of Squares2.8M

First Quick Ratio History

2024 13.42
2023 14.13
2022 15.7
2021 282.74
2020 954.85
2019 354.54
2018 239.33

About First Savings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Savings income statement, its balance sheet, and the statement of cash flows. First Savings investors use historical funamental indicators, such as First Savings's Quick Ratio, to determine how well the company is positioned to perform in the future. Although First Savings investors may use each financial statement separately, they are all related. The changes in First Savings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Savings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Savings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Savings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 14.13  13.42 

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Additional Information and Resources on Investing in First Stock

When determining whether First Savings Financial is a strong investment it is important to analyze First Savings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Savings' future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Savings Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Savings. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Savings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.333
Dividend Share
0.57
Earnings Share
1.09
Revenue Per Share
11.148
Quarterly Revenue Growth
(0.20)
The market value of First Savings Financial is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Savings' value that differs from its market value or its book value, called intrinsic value, which is First Savings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Savings' market value can be influenced by many factors that don't directly affect First Savings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Savings' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Savings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Savings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.