First Short Term Investments vs Net Tangible Assets Analysis

FNWB Stock  USD 10.86  0.26  2.45%   
First Northwest financial indicator trend analysis is much more than just examining First Northwest Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Northwest Bancorp is a good investment. Please check the relationship between First Northwest Short Term Investments and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest Bancorp. 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.

Short Term Investments vs Net Tangible Assets

Short Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Northwest Bancorp Short Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Northwest's Short Term Investments and Net Tangible Assets is 0.8. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of First Northwest Bancorp, assuming nothing else is changed. The correlation between historical values of First Northwest's Short Term Investments and Net Tangible 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 Northwest Bancorp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Term Investments i.e., First Northwest's Short Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

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

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from First Northwest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Northwest Bancorp 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 Northwest Bancorp. 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.
The current year's Sales General And Administrative To Revenue is expected to grow to 0.54, whereas Selling General Administrative is forecasted to decline to about 23.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit73.9M80.2M104.9M110.2M
Total Revenue73.9M80.2M104.9M110.2M

First Northwest fundamental ratios Correlations

-0.88-0.18-0.19-0.39-0.4-0.80.04-0.880.09-0.72-0.53-0.5-0.43-0.15-0.87-0.530.4-0.89-0.74-0.4-0.61-0.660.71-0.570.89
-0.880.450.220.40.510.920.210.950.070.690.450.430.460.30.950.43-0.51.00.910.390.760.73-0.670.61-0.84
-0.180.450.630.70.260.480.940.440.820.330.460.51-0.150.00.430.39-0.360.450.48-0.390.450.340.020.36-0.27
-0.190.220.630.960.180.410.540.190.830.630.880.88-0.68-0.420.210.84-0.150.210.23-0.630.210.17-0.01-0.13-0.46
-0.390.40.70.960.230.540.60.390.760.670.940.95-0.52-0.390.40.9-0.250.390.37-0.530.340.28-0.160.1-0.57
-0.40.510.260.180.230.380.150.310.260.340.190.10.210.570.410.09-0.880.430.30.39-0.020.78-0.810.2-0.44
-0.80.920.480.410.540.380.210.870.160.780.630.610.210.020.860.63-0.330.930.920.140.780.54-0.560.43-0.87
0.040.210.940.540.60.150.210.220.80.040.320.39-0.21-0.070.210.25-0.330.20.22-0.50.220.140.150.360.01
-0.880.950.440.190.390.310.870.220.020.670.450.460.50.190.90.46-0.330.970.930.330.850.62-0.540.71-0.81
0.090.070.820.830.760.260.160.80.020.320.510.53-0.52-0.120.040.42-0.290.040.08-0.610.040.20.17-0.08-0.15
-0.720.690.330.630.670.340.780.040.670.320.770.72-0.06-0.020.630.75-0.150.690.690.040.630.59-0.40.11-0.92
-0.530.450.460.880.940.190.630.320.450.510.770.99-0.49-0.460.460.99-0.150.460.43-0.410.390.26-0.290.07-0.69
-0.50.430.510.880.950.10.610.390.460.530.720.99-0.49-0.520.440.99-0.110.440.44-0.470.430.18-0.220.14-0.64
-0.430.46-0.15-0.68-0.520.210.21-0.210.5-0.52-0.06-0.49-0.490.590.41-0.48-0.260.470.420.730.360.4-0.370.64-0.17
-0.150.30.0-0.42-0.390.570.02-0.070.19-0.12-0.02-0.46-0.520.590.22-0.53-0.520.260.160.81-0.050.61-0.370.2-0.09
-0.870.950.430.210.40.410.860.210.90.040.630.460.440.410.220.44-0.410.960.790.340.750.7-0.60.55-0.78
-0.530.430.390.840.90.090.630.250.460.420.750.990.99-0.48-0.530.44-0.050.450.44-0.410.430.17-0.250.08-0.68
0.4-0.5-0.36-0.15-0.25-0.88-0.33-0.33-0.33-0.29-0.15-0.15-0.11-0.26-0.52-0.41-0.05-0.43-0.27-0.310.08-0.630.72-0.370.35
-0.891.00.450.210.390.430.930.20.970.040.690.460.440.470.260.960.45-0.430.920.370.80.68-0.620.62-0.84
-0.740.910.480.230.370.30.920.220.930.080.690.430.440.420.160.790.44-0.270.920.260.880.52-0.470.61-0.77
-0.40.39-0.39-0.63-0.530.390.14-0.50.33-0.610.04-0.41-0.470.730.810.34-0.41-0.310.370.260.080.5-0.550.28-0.23
-0.610.760.450.210.34-0.020.780.220.850.040.630.390.430.36-0.050.750.430.080.80.880.080.38-0.160.54-0.63
-0.660.730.340.170.280.780.540.140.620.20.590.260.180.40.610.70.17-0.630.680.520.50.38-0.670.34-0.67
0.71-0.670.02-0.01-0.16-0.81-0.560.15-0.540.17-0.4-0.29-0.22-0.37-0.37-0.6-0.250.72-0.62-0.47-0.55-0.16-0.67-0.40.6
-0.570.610.36-0.130.10.20.430.360.71-0.080.110.070.140.640.20.550.08-0.370.620.610.280.540.34-0.4-0.27
0.89-0.84-0.27-0.46-0.57-0.44-0.870.01-0.81-0.15-0.92-0.69-0.64-0.17-0.09-0.78-0.680.35-0.84-0.77-0.23-0.63-0.670.6-0.27
Click cells to compare fundamentals

First Northwest Account Relationship Matchups

First Northwest fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding9.9M9.4M9.2M9.1M8.9M8.9M
Total Assets1.3B1.7B1.9B2.0B2.2B1.4B
Short Long Term Debt Total112.9M110.0M119.3M285.4M327.3M167.7M
Other Current Liab(63.3M)(60.0M)(393K)(166.5M)787.1M826.5M
Total Current Liabilities63.3M60.0M393K166.5M1.0B1.1B
Total Stockholder Equity176.9M186.4M191.0M161.6M163.3M166.1M
Property Plant And Equipment Net14.3M14.8M19.8M18.1M24.1M16.5M
Net Debt64.2M44.8M(6.7M)239.8M204.1M113.3M
Retained Earnings86.2M92.7M103.0M114.4M107.3M94.1M
Accounts Payable373K53K393K455K3.4M3.6M
Cash48.7M65.2M126.0M45.6M123.2M129.3M
Non Current Assets Total330.8M381.2M372.1M363.9M2.1B2.2B
Non Currrent Assets Other(330.8M)(381.2M)(372.1M)(14.1M)1.9B2.0B
Other Assets608.3M836.7M1.1B1.3B1.00.95
Cash And Short Term Investments364.3M429.5M470.2M372.2M123.2M117.0M
Net Receivables3.9M7.0M5.3M6.7M7.9M4.4M
Liabilities And Stockholders Equity1.3B1.7B1.9B2.0B2.2B1.4B
Other Current Assets52.8M72.1M131.3M52.3M131.1M130.0M
Total Liab1.1B1.5B1.7B1.9B2.0B1.2B
Property Plant And Equipment Gross14.3M14.8M35.6M34.8M35.6M19.8M
Total Current Assets368.3M436.4M475.5M378.9M131.1M124.5M
Accumulated Other Comprehensive Income(1.5M)5.4M288K(40.5M)(39.9M)(37.9M)
Intangible Assets871K2.1M3.3M3.9M3.8M2.1M
Short Term Investments315.6M364.3M344.2M326.6M295.6M305.9M
Long Term Debt112.9M110.0M119.3M285.4M119.4M133.4M
Inventory(52.8M)(72.1M)(131.3M)(52.3M)(131.1M)(124.5M)
Property Plant Equipment14.3M18.7M19.8M18.1M20.8M16.3M
Net Tangible Assets176.9M186.4M189.8M160.5M184.6M187.2M
Other Stockholder Equity92.1M88.2M87.6M87.6M95.8M86.3M
Long Term Investments1.2B364.3M344.2M340.9M310.4M479.1M
Short Long Term Debt62.9M60.0M0.0166M201.5M106.4M
Short Term Debt62.9M60.0M831K166M227.4M238.8M
Common Stock107K102K100K97K96K91.1K
Common Stock Total Equity107K102K100K97K87.3K91.1K
Retained Earnings Total Equity86.2M92.7M103.0M114.4M131.6M97.2M

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When determining whether First Northwest Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Northwest's 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 Northwest Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Northwest Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest Bancorp. 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.
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 Northwest'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 Northwest. 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 Northwest 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
(0.90)
Dividend Share
0.28
Earnings Share
(0.09)
Revenue Per Share
6.75
Quarterly Revenue Growth
(0.21)
The market value of First Northwest Bancorp 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 Northwest's value that differs from its market value or its book value, called intrinsic value, which is First Northwest'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 Northwest's market value can be influenced by many factors that don't directly affect First Northwest'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 Northwest's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Northwest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Northwest'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.