First Accounts Payable vs Property Plant Equipment Analysis

FCNCA Stock  USD 1,763  4.09  0.23%   
First Citizens financial indicator trend analysis is much more than just examining First Citizens BancShares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Citizens BancShares is a good investment. Please check the relationship between First Citizens Accounts Payable and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Citizens BancShares Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Citizens' Accounts Payable and Property Plant Equipment is -0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of First Citizens BancShares, assuming nothing else is changed. The correlation between historical values of First Citizens' Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of First Citizens BancShares are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., First Citizens' Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents First Citizens obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Citizens BancShares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant Equipment

Most indicators from First Citizens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Citizens BancShares 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 Citizens BancShares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Selling General Administrative is expected to grow to about 3.2 B. The current year's Tax Provision is expected to grow to about 574.4 M
 2021 2022 2023 2024 (projected)
Gross Profit1.8B2.5B8.1B8.5B
Total Revenue1.8B4.5B11.6B12.2B

First Citizens fundamental ratios Correlations

0.970.890.931.00.950.960.990.960.960.870.97-0.350.610.890.920.960.950.570.40.670.680.7-0.540.970.86
0.970.940.950.980.880.980.981.01.00.960.98-0.40.470.80.830.960.880.650.250.60.620.6-0.611.00.8
0.890.940.940.90.710.950.940.930.960.930.91-0.160.350.60.670.850.710.810.070.480.50.52-0.340.930.77
0.930.950.940.940.780.970.970.950.970.870.9-0.270.330.690.740.850.790.590.230.460.480.64-0.370.950.86
1.00.980.90.940.940.960.990.970.970.890.98-0.360.60.880.910.970.940.60.370.670.680.68-0.560.980.85
0.950.880.710.780.940.840.890.880.850.760.92-0.460.750.990.980.951.00.40.540.750.760.67-0.690.890.77
0.960.980.950.970.960.840.980.970.980.930.95-0.320.420.750.80.910.840.650.250.540.550.64-0.480.980.83
0.990.980.940.970.990.890.980.980.990.910.97-0.330.520.810.850.940.890.640.30.610.620.66-0.490.980.85
0.961.00.930.950.970.880.970.980.990.960.98-0.410.480.810.830.960.880.640.250.610.620.59-0.621.00.8
0.961.00.960.970.970.850.980.990.990.950.97-0.330.440.770.810.940.850.670.220.580.590.6-0.540.990.83
0.870.960.930.870.890.760.930.910.960.950.94-0.380.390.670.710.920.750.750.110.560.580.44-0.630.950.66
0.970.980.910.90.980.920.950.970.980.970.94-0.40.620.860.890.990.920.660.310.70.710.62-0.630.980.76
-0.35-0.4-0.16-0.27-0.36-0.46-0.32-0.33-0.41-0.33-0.38-0.4-0.33-0.49-0.43-0.43-0.420.19-0.22-0.33-0.33-0.340.72-0.40.03
0.610.470.350.330.60.750.420.520.480.440.390.62-0.330.770.760.660.730.260.570.90.90.42-0.490.490.37
0.890.80.60.690.880.990.750.810.810.770.670.86-0.490.770.970.90.990.290.60.750.760.65-0.720.810.71
0.920.830.670.740.910.980.80.850.830.810.710.89-0.430.760.970.920.980.370.560.760.770.77-0.630.840.73
0.960.960.850.850.970.950.910.940.960.940.920.99-0.430.660.90.920.940.630.350.730.750.58-0.710.960.75
0.950.880.710.790.941.00.840.890.880.850.750.92-0.420.730.990.980.940.40.550.740.750.66-0.660.890.8
0.570.650.810.590.60.40.650.640.640.670.750.660.190.260.290.370.630.4-0.20.370.380.12-0.180.640.51
0.40.250.070.230.370.540.250.30.250.220.110.31-0.220.570.60.560.350.55-0.20.470.470.43-0.30.250.37
0.670.60.480.460.670.750.540.610.610.580.560.7-0.330.90.750.760.730.740.370.471.00.4-0.570.610.43
0.680.620.50.480.680.760.550.620.620.590.580.71-0.330.90.760.770.750.750.380.471.00.41-0.580.630.44
0.70.60.520.640.680.670.640.660.590.60.440.62-0.340.420.650.770.580.660.120.430.40.41-0.20.60.56
-0.54-0.61-0.34-0.37-0.56-0.69-0.48-0.49-0.62-0.54-0.63-0.630.72-0.49-0.72-0.63-0.71-0.66-0.18-0.3-0.57-0.58-0.2-0.61-0.26
0.971.00.930.950.980.890.980.981.00.990.950.98-0.40.490.810.840.960.890.640.250.610.630.6-0.610.81
0.860.80.770.860.850.770.830.850.80.830.660.760.030.370.710.730.750.80.510.370.430.440.56-0.260.81
Click cells to compare fundamentals

First Citizens Account Relationship Matchups

First Citizens fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.8B50.0B58.3B109.3B215.2B225.9B
Short Long Term Debt Total883.9M1.2B1.2B6.2B38.5B40.5B
Other Current Liab22.4B26.7B33.9B1.8B109.5B115.0B
Total Current Liabilities23.1B27.3B34.6B3.5B111.6B117.1B
Total Stockholder Equity3.6B4.2B4.7B9.7B21.3B22.3B
Property Plant And Equipment Net1.2B1.3B1.2B10.0B11.0B11.5B
Net Debt507.2M886.1M856.6M666M4.0B4.2B
Retained Earnings3.7B3.9B4.4B5.4B16.7B17.6B
Cash376.7M362.0M337.8M5.5B34.5B36.2B
Non Current Assets Total9.9B15.9B23.8B21.1B179.0B187.9B
Non Currrent Assets Other(9.9B)(15.9B)(23.8B)(11.1B)129.4B135.9B
Other Assets28.3B29.2B15.7B87.7B210.2B220.7B
Cash And Short Term Investments1.5B4.7B18.7B518M992M942.4M
Common Stock Shares Outstanding11.1M10.1M9.8M15.5M14.5M11.9M
Liabilities And Stockholders Equity39.8B50.0B58.3B109.3B215.2B226.0B
Non Current Liabilities Total883.9M1.2B1.2B96.1B82.4B86.5B
Other Stockholder Equity28.8M1.4B349.8M4.1B4.1B4.3B
Total Liab883.9M1.2B1.2B99.6B194.0B203.7B
Property Plant And Equipment Gross1.2B1.3B2.4B11.2B12.4B13.0B
Total Current Assets1.6B4.9B18.8B518M36.2B38.0B
Short Term Debt754.6M664.4M684.7M1.8B1.0B633.5M
Accumulated Other Comprehensive Income(126.7M)12.3M9.8M(735M)(491M)(466.5M)
Common Stock Total Equity11.6M10.6M9.8M15M17.3M11.9M
Common Stock11.6M10.6M9.8M15M17.3M12.1M
Other Liab403.5M2.3B381.3M1.4B1.6B1.7B
Accounts Payable34.4B43.4B51.4B995M1.1B1.0B
Long Term Debt311.7M593.0M1.2B6.6B37.2B39.0B
Short Term Investments1.1B4.3B18.3B9.0B19.9B20.9B
Inventory(1.7B)(4.9B)(10.5B)(9.2B)(4.2B)(4.0B)
Property Plant Equipment1.2B1.3B1.2B8.2B9.4B9.8B
Good Will349.4M350.3M346.1M346M397.9M417.8M
Other Current Assets1.7B4.9B10.5B6.3B36.2B38.0B
Intangible Assets68.3M50.8M43.1M165M337M353.9M
Net Receivables123.2M145.7M134.2M2.9B3.2B3.4B
Net Tangible Assets3.2B3.5B4.0B8.3B9.5B10.0B
Retained Earnings Total Equity3.7B3.9B4.4B5.4B6.2B3.2B
Long Term Debt Total311.7M593.0M549.7M6.6B7.6B8.0B
Long Term Investments35.9B42.6B22.2B60M32.2B23.7B

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When determining whether First Citizens BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Citizens Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Citizens Bancshares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the First Citizens BancShares information on this page should be used as a complementary analysis to other First Citizens' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running First Citizens' price analysis, check to measure First Citizens' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Citizens is operating at the current time. Most of First Citizens' value examination focuses on studying past and present price action to predict the probability of First Citizens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Citizens' price. Additionally, you may evaluate how the addition of First Citizens to your portfolios can decrease your overall portfolio volatility.
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Is First Citizens' 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 Citizens. 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 Citizens 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
(0.93)
Dividend Share
4.78
Earnings Share
180.11
Revenue Per Share
652.739
Quarterly Revenue Growth
3.745
The market value of First Citizens BancShares 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 Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' 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 Citizens' market value can be influenced by many factors that don't directly affect First Citizens' 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 Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Citizens' 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.