First Short Term Investments vs Total Current Assets Analysis

FAF Stock  USD 57.53  0.25  0.44%   
First American financial indicator trend analysis is much more than just examining First American latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First American is a good investment. Please check the relationship between First American Short Term Investments and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First American Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between First American's Short Term Investments and Total Current Assets is 0.95. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of First American, assuming nothing else is changed. The correlation between historical values of First American's Short Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of First American are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., First American's Short Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of First American balance sheet. It contains any investments First American undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that First American can easily liquidate in the marketplace.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from First American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First American current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.At this time, First American's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The First American's current Enterprise Value Multiple is estimated to increase to 10.23, while Selling General Administrative is projected to decrease to roughly 1.8 B.
 2021 2022 2023 2024 (projected)
Interest Expense72M93M132.5M139.1M
Depreciation And Amortization158M167M188.5M122.5M

First American fundamental ratios Correlations

0.87-0.560.40.880.820.580.20.430.430.510.00.230.430.650.880.250.490.580.22-0.130.980.80.70.270.05
0.87-0.520.340.890.840.350.470.560.270.54-0.02-0.120.270.780.880.110.530.590.35-0.190.80.820.710.190.02
-0.56-0.52-0.28-0.53-0.5-0.56-0.05-0.71-0.34-0.39-0.030.01-0.34-0.46-0.5-0.24-0.18-0.4-0.17-0.03-0.53-0.54-0.34-0.15-0.09
0.40.34-0.280.510.60.23-0.60.350.950.860.660.00.950.370.560.35-0.070.840.81-0.60.330.540.120.95-0.1
0.880.89-0.530.510.870.630.230.580.420.730.28-0.160.410.890.890.290.260.770.49-0.050.780.910.510.30.28
0.820.84-0.50.60.870.320.060.510.540.660.2-0.070.540.770.94-0.020.470.650.61-0.370.750.970.690.480.13
0.580.35-0.560.230.630.320.040.350.230.420.250.030.220.540.340.7-0.130.510.110.430.530.450.060.00.57
0.20.47-0.05-0.60.230.060.040.13-0.71-0.29-0.51-0.31-0.710.380.12-0.150.4-0.22-0.320.410.170.120.33-0.720.21
0.430.56-0.710.350.580.510.350.130.280.50.18-0.220.270.520.480.11-0.010.620.340.040.350.560.150.190.03
0.430.27-0.340.950.420.540.23-0.710.280.760.550.21.00.20.520.350.010.720.65-0.640.410.460.190.96-0.24
0.510.54-0.390.860.730.660.42-0.290.50.760.8-0.350.760.620.620.43-0.140.920.81-0.290.390.680.10.710.15
0.0-0.02-0.030.660.280.20.25-0.510.180.550.8-0.440.550.230.090.36-0.620.640.7-0.02-0.110.28-0.450.540.3
0.23-0.120.010.0-0.16-0.070.03-0.31-0.220.2-0.35-0.440.2-0.470.02-0.030.15-0.15-0.43-0.130.36-0.160.160.13-0.42
0.430.27-0.340.950.410.540.22-0.710.271.00.760.550.20.20.520.350.010.720.65-0.640.410.460.190.96-0.24
0.650.78-0.460.370.890.770.540.380.520.20.620.23-0.470.20.760.230.310.620.55-0.030.510.830.490.140.47
0.880.88-0.50.560.890.940.340.120.480.520.620.090.020.520.760.010.530.640.45-0.40.820.880.750.47-0.06
0.250.11-0.240.350.29-0.020.7-0.150.110.350.430.36-0.030.350.230.01-0.190.490.170.120.230.03-0.130.220.27
0.490.53-0.18-0.070.260.47-0.130.4-0.010.01-0.14-0.620.150.010.310.53-0.19-0.14-0.09-0.490.540.340.950.02-0.28
0.580.59-0.40.840.770.650.51-0.220.620.720.920.64-0.150.720.620.640.49-0.140.7-0.230.470.660.10.670.09
0.220.35-0.170.810.490.610.11-0.320.340.650.810.7-0.430.650.550.450.17-0.090.7-0.450.10.630.060.690.27
-0.13-0.19-0.03-0.6-0.05-0.370.430.410.04-0.64-0.29-0.02-0.13-0.64-0.03-0.40.12-0.49-0.23-0.45-0.15-0.18-0.49-0.770.59
0.980.8-0.530.330.780.750.530.170.350.410.39-0.110.360.410.510.820.230.540.470.1-0.150.710.730.24-0.04
0.80.82-0.540.540.910.970.450.120.560.460.680.28-0.160.460.830.880.030.340.660.63-0.180.710.570.370.32
0.70.71-0.340.120.510.690.060.330.150.190.1-0.450.160.190.490.75-0.130.950.10.06-0.490.730.570.16-0.2
0.270.19-0.150.950.30.480.0-0.720.190.960.710.540.130.960.140.470.220.020.670.69-0.770.240.370.16-0.33
0.050.02-0.09-0.10.280.130.570.210.03-0.240.150.3-0.42-0.240.47-0.060.27-0.280.090.270.59-0.040.32-0.2-0.33
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First American Account Relationship Matchups

First American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9B12.8B16.5B19.6B16.8B12.1B
Short Long Term Debt Total1.3B1.0B2.5B2.3B1.4B900.6M
Other Current Liab(252.3M)(272.0M)(224M)(356M)169M160.6M
Total Current Liabilities497.0M572.2M625M258M1.3B1.3B
Total Stockholder Equity4.4B4.9B5.8B4.7B4.8B3.5B
Property Plant And Equipment Net733.4M711.1M755M885M978.9M568.3M
Current Deferred Revenue252.3M272.0M224M197M196.8M218.6M
Net Debt(201.0M)(264.7M)1.2B1.1B(2.2B)(2.1B)
Accounts Payable58.6M56.0M87M51M63.3M53.7M
Cash1.5B1.3B1.2B1.2B3.6B3.8B
Non Current Assets Total8.3B9.1B13.1B2.0B13.2B13.9B
Non Currrent Assets Other(18.3M)(14.5M)(14M)(9.9B)1.7B1.7B
Other Assets5.5B1.3B1.1B7.4B8.6B5.4B
Cash And Short Term Investments1.5B1.3B1.2B1.2B3.7B3.8B
Net Receivables622.8M1.1B1.0B812M585.1M503.9M
Good Will1.2B1.4B1.6B1.8B1.8B1.2B
Common Stock Shares Outstanding113.7M113.0M111.4M107.3M104.6M119.6M
Short Term Investments283.5M395.9M58M9.0B636.5M944.7M
Liabilities And Stockholders Equity15.9B12.8B16.5B19.6B16.8B12.1B
Non Current Liabilities Total1.4B1.6B2.5B614M2.2B2.3B
Other Current Assets2.4B2.6B2.4B(389M)3.6B3.8B
Other Stockholder Equity2.3B2.2B2.2B1.8B1.8B1.7B
Total Liab11.5B7.9B10.7B15.0B11.9B8.6B
Property Plant And Equipment Gross439.6M457.8M733.4M711.1M817.8M484.3M
Total Current Assets2.2B2.4B2.2B10.2B3.6B2.3B
Accumulated Other Comprehensive Income(41.5M)39.5M(92M)(868M)(655.8M)(623.0M)
Intangible Assets91.8M194.5M218M194M2.0B2.1B
Other Liab1.3B1.5B569M216M248.4M236.0M
Long Term Debt568.2M1.0B2.2B2.0B1.1B777.1M
Property Plant Equipment442.0M445.1M506M888M1.0B1.1B
Net Tangible Assets3.2B3.3B4.0B2.7B3.1B2.5B
Noncontrolling Interest In Consolidated Entity4.5M11.7M16M23M20.7M19.7M
Retained Earnings2.2B2.7B3.7B3.7B3.7B3.9B
Retained Earnings Total Equity2.2B2.7B3.7B3.7B4.3B4.5B
Capital Surpluse2.3B2.2B2.2B1.8B2.1B2.4B
Deferred Long Term Liab266.1M291.2M345M19M21.9M20.8M
Long Term Investments6.6B7.2B10.6B9.0B7.9B6.4B

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When determining whether First American is a strong investment it is important to analyze First American's 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 American's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in First Stock please use our How to Invest in First American guide.
Note that the First American information on this page should be used as a complementary analysis to other First American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is First American's industry 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 American. 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 American 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
0.021
Dividend Share
2.11
Earnings Share
2.08
Revenue Per Share
57.409
Quarterly Revenue Growth
(0.01)
The market value of First American 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 American's value that differs from its market value or its book value, called intrinsic value, which is First American's 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 American's market value can be influenced by many factors that don't directly affect First American's 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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if First American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First American's 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.