First Interest Expense vs Tax Provision Analysis

FFWM Stock  USD 6.27  0.36  6.09%   
First Foundation financial indicator trend analysis is much more than just examining First Foundation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Foundation is a good investment. Please check the relationship between First Foundation Interest Expense and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Foundation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.

Interest Expense vs Tax Provision

Interest Expense vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Foundation Interest Expense account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Foundation's Interest Expense and Tax Provision is -0.28. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Tax Provision in the same time period over historical financial statements of First Foundation, assuming nothing else is changed. The correlation between historical values of First Foundation's Interest Expense and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of First Foundation are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Interest Expense i.e., First Foundation's Interest Expense and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from First Foundation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Foundation 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 Foundation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.As of the 18th of May 2024, Selling General Administrative is likely to drop to about 66.4 M. In addition to that, Tax Provision is likely to drop to about 4.6 M
 2021 2022 2023 2024 (projected)
Interest Expense13.9M85.2M371.4M390.0M
Depreciation And Amortization6.8M8.7M8.2M4.8M

First Foundation fundamental ratios Correlations

0.760.890.910.95-0.020.84-0.490.870.43-0.890.970.760.960.890.560.540.880.91.00.930.320.870.93-0.620.81
0.760.520.610.660.520.42-0.540.650.12-0.510.860.460.660.650.30.840.620.570.760.650.440.540.76-0.610.94
0.890.520.880.82-0.120.97-0.530.690.73-0.850.820.840.90.940.680.250.830.990.890.80.340.950.72-0.680.59
0.910.610.880.77-0.010.81-0.590.70.57-0.820.870.790.980.920.770.50.850.890.910.740.460.930.72-0.720.69
0.950.660.820.77-0.190.77-0.310.910.3-0.880.890.710.860.750.440.460.790.830.951.00.190.750.96-0.430.71
-0.020.52-0.12-0.01-0.19-0.16-0.29-0.31-0.020.260.16-0.3-0.040.08-0.150.37-0.1-0.08-0.02-0.190.3-0.04-0.02-0.240.42
0.840.420.970.810.77-0.16-0.450.630.77-0.830.740.730.830.890.570.080.780.930.840.760.20.880.67-0.590.51
-0.49-0.54-0.53-0.59-0.31-0.29-0.45-0.34-0.540.33-0.53-0.6-0.55-0.55-0.7-0.51-0.51-0.55-0.49-0.28-0.66-0.57-0.250.72-0.47
0.870.650.690.70.91-0.310.63-0.340.16-0.810.810.780.770.660.480.60.790.720.870.90.230.640.87-0.470.68
0.430.120.730.570.3-0.020.77-0.540.16-0.420.360.570.520.650.69-0.130.480.690.420.280.390.660.12-0.680.17
-0.89-0.51-0.85-0.82-0.880.26-0.830.33-0.81-0.42-0.76-0.75-0.85-0.79-0.55-0.33-0.91-0.83-0.89-0.870.03-0.79-0.830.42-0.58
0.970.860.820.870.890.160.74-0.530.810.36-0.760.680.920.860.50.640.790.850.970.880.460.830.91-0.660.89
0.760.460.840.790.71-0.30.73-0.60.780.57-0.750.680.790.80.860.470.780.870.760.680.470.840.57-0.730.5
0.960.660.90.980.86-0.040.83-0.550.770.52-0.850.920.790.920.710.520.880.910.950.830.450.940.81-0.710.74
0.890.650.940.920.750.080.89-0.550.660.65-0.790.860.80.920.680.420.810.950.890.720.450.970.7-0.760.75
0.560.30.680.770.44-0.150.57-0.70.480.69-0.550.50.860.710.680.420.670.710.560.390.610.750.27-0.790.33
0.540.840.250.50.460.370.08-0.510.6-0.13-0.330.640.470.520.420.420.480.340.540.440.540.360.54-0.550.78
0.880.620.830.850.79-0.10.78-0.510.790.48-0.910.790.780.880.810.670.480.820.880.770.180.810.75-0.680.62
0.90.570.990.890.83-0.080.93-0.550.720.69-0.830.850.870.910.950.710.340.820.90.810.410.970.74-0.720.63
1.00.760.890.910.95-0.020.84-0.490.870.42-0.890.970.760.950.890.560.540.880.90.930.320.870.93-0.620.82
0.930.650.80.741.0-0.190.76-0.280.90.28-0.870.880.680.830.720.390.440.770.810.930.150.730.96-0.40.7
0.320.440.340.460.190.30.2-0.660.230.390.030.460.470.450.450.610.540.180.410.320.150.470.12-0.760.45
0.870.540.950.930.75-0.040.88-0.570.640.66-0.790.830.840.940.970.750.360.810.970.870.730.470.67-0.740.63
0.930.760.720.720.96-0.020.67-0.250.870.12-0.830.910.570.810.70.270.540.750.740.930.960.120.67-0.360.79
-0.62-0.61-0.68-0.72-0.43-0.24-0.590.72-0.47-0.680.42-0.66-0.73-0.71-0.76-0.79-0.55-0.68-0.72-0.62-0.4-0.76-0.74-0.36-0.59
0.810.940.590.690.710.420.51-0.470.680.17-0.580.890.50.740.750.330.780.620.630.820.70.450.630.79-0.59
Click cells to compare fundamentals

First Foundation Account Relationship Matchups

First Foundation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B7.0B10.2B13.0B13.3B14.0B
Short Long Term Debt Total743M269M210.1M1.4B1.6B1.7B
Total Stockholder Equity613.9M695.7M1.1B1.1B925.3M567.5M
Property Plant And Equipment Net8.4M8.0M37.9M36.1M39.9M41.9M
Net Debt677.6M(360.7M)(911.6M)713.4M255.8M212.0M
Retained Earnings175.8M247.6M341.0M426.7M218.6M160.5M
Accounts Payable66.4M79.0M110.1M147.3M132.5M142.4M
Cash65.4M629.7M1.1B656.5M1.3B1.4B
Non Current Assets Total1.1B910.7M1.5B1.3B44.9M42.6M
Non Currrent Assets Other(1.1B)(910.7M)(1.5B)(1.3B)(1.5B)(1.4B)
Other Assets4.1B4.6B6.4B10.8B11.2B11.7B
Cash And Short Term Investments1.1B1.4B2.3B882.7M2.0B1.1B
Common Stock Total Equity38K44K45K56K64.4K67.6K
Common Stock Shares Outstanding42.6M44.9M44.9M56.5M56.4M40.2M
Short Term Investments1.0B807.4M1.2B226.2M703.2M600.4M
Liabilities And Stockholders Equity6.3B7.0B10.2B13.0B13.3B14.0B
Non Current Liabilities Total743M269M210.1M147.3M1.6B1.7B
Inventory2.9M815K6.1M6.2M7.1M7.5M
Other Stockholder Equity433.8M433.9M720.7M719.6M720.9M408.7M
Total Liab5.7B6.3B9.1B11.9B12.1B12.7B
Property Plant And Equipment Gross8.4M8.0M55.4M55.2M59.3M62.2M
Total Current Assets1.1B1.4B2.3B882.7M2.1B2.1B
Accumulated Other Comprehensive Income4.3M14.1M2.3M(11.9M)(14.2M)(13.5M)
Common Stock38K44K45K56K64.4K36.2K
Property Plant Equipment8.4M8.0M37.9M67.4M77.5M81.3M
Total Current Liabilities66.4M79.0M110.1M147.3M132.5M214.1M
Long Term Debt743M269M210.1M1.4B1.6B1.7B
Other Current Liab(66.4M)(79.0M)(110.1M)(147.3M)(132.5M)(125.9M)
Net Tangible Assets516.7M600.4M841.9M912.5M1.0B529.4M
Retained Earnings Total Equity128.5M175.8M247.6M341.0M392.1M411.7M
Capital Surpluse431.8M433.8M433.9M720.7M828.9M870.3M
Long Term Investments6.0B807.4M1.2B1.1B1.5B2.0B
Short Term Debt708M743M269M210.1M189.1M179.7M
Intangible Assets97.2M95.3M222.1M6.6M4.9M4.7M
Other Current Assets4.1B4.6B6.4B11.2M12.9M12.2M
Net Invested Capital1.4B964.7M1.3B2.5B2.5B1.7B

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as First Foundation using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether First Foundation is a strong investment it is important to analyze First Foundation'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 Foundation'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 Foundation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for First Stock analysis

When running First Foundation's price analysis, check to measure First Foundation's 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 Foundation is operating at the current time. Most of First Foundation's value examination focuses on studying past and present price action to predict the probability of First Foundation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Foundation's price. Additionally, you may evaluate how the addition of First Foundation to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Global Correlations
Find global opportunities by holding instruments from different markets
Is First Foundation'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 Foundation. 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 Foundation 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
0.06
Earnings Share
(3.67)
Revenue Per Share
4.12
Quarterly Revenue Growth
(0.28)
The market value of First Foundation 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 Foundation's value that differs from its market value or its book value, called intrinsic value, which is First Foundation'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 Foundation's market value can be influenced by many factors that don't directly affect First Foundation'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 Foundation's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Foundation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Foundation'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.