First Total Current Assets vs Cash And Short Term Investments Analysis
FBP Stock | USD 17.24 0.34 1.93% |
First Bancorp financial indicator trend analysis is much more than just examining First Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancorp is a good investment. Please check the relationship between First Bancorp Total Current Assets and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First 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 bureau of labor statistics. To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.
Total Current Assets vs Cash And Short Term Investments
Total Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancorp Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between First Bancorp's Total Current Assets and Cash And Short Term Investments is 0.95. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of First Bancorp, assuming nothing else is changed. The correlation between historical values of First Bancorp's Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of First Bancorp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., First Bancorp's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of First Bancorp balance sheet. This account contains First Bancorp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by First Bancorp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from First Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First 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 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 bureau of labor statistics. To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.At this time, First Bancorp's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value Over EBITDA is likely to grow to 110.61, while Enterprise Value is likely to drop slightly above 1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 835.9M | 23.6M | 1.2B | 1.2B | Total Revenue | 835.9M | 23.6M | 1.2B | 1.2B |
First Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
First Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 217.1M | 217.7M | 211.3M | 192.0M | 177.2M | 186.0M | |
Total Assets | 12.6B | 18.8B | 20.8B | 18.6B | 19.1B | 12.3B | |
Short Long Term Debt Total | 754.2M | 623.8M | 383.8M | 858.8M | 733.1M | 722.0M | |
Total Stockholder Equity | 2.2B | 2.3B | 2.1B | 1.3B | 1.5B | 1.2B | |
Property Plant And Equipment Net | 150.0M | 158.2M | 146.4M | 142.9M | 210.5M | 125.8M | |
Net Debt | 207.5M | (809.8M) | (2.2B) | 380.0M | 70.9M | 67.3M | |
Retained Earnings | 1.2B | 1.2B | 1.4B | 1.6B | 1.8B | 1.9B | |
Cash | 546.7M | 1.4B | 2.5B | 478.8M | 662.2M | 416.4M | |
Non Current Assets Total | 2.5B | 5.2B | 6.9B | 6.2B | 18.3B | 11.5B | |
Non Currrent Assets Other | (2.5B) | (329.3M) | (328.9M) | (433.2M) | 17.7B | 18.6B | |
Other Assets | 6.8B | 6.9B | 4.3B | 6.4B | 7.3B | 7.7B | |
Cash And Short Term Investments | 2.8B | 6.1B | 9.0B | 6.0B | (661.9M) | (628.8M) | |
Net Receivables | 464.7M | 542.5M | 636.5M | 788.0M | 77.7M | 73.8M | |
Liabilities And Stockholders Equity | 12.6B | 18.8B | 20.8B | 18.6B | 19.1B | 12.3B | |
Non Current Liabilities Total | 754.2M | 623.8M | 383.8M | 231.6M | 5.4B | 5.7B | |
Other Stockholder Equity | 941.2M | 946.0M | 736.1M | 463.7M | 268.3M | 374.7M | |
Total Liab | 10.4B | 16.5B | 18.7B | 17.3B | 17.6B | 11.2B | |
Property Plant And Equipment Gross | 150.0M | 158.2M | 398.1M | 407.2M | 419.9M | 440.9M | |
Total Current Assets | 3.2B | 6.7B | 9.6B | 6.1B | 773.5M | 734.9M | |
Other Current Liab | (180.6M) | (276.7M) | (214.9M) | (231.6M) | 12.1B | 12.7B | |
Total Current Liabilities | 180.6M | 276.7M | 214.9M | 231.6M | 12.2B | 12.8B | |
Accumulated Other Comprehensive Income | 6.8M | 55.5M | (84.0M) | (804.8M) | (639.2M) | (607.2M) | |
Short Term Debt | 140.3M | 259.1M | 215.0M | 566.9M | 17M | 16.2M | |
Common Stock Total Equity | 22.2M | 22.2M | 22.3M | 20.2M | 18.2M | 32.8M | |
Common Stock | 22.2M | 22.2M | 22.3M | 22.4M | 486.1M | 21.2M | |
Accounts Payable | 180.6M | 276.7M | 214.9M | 231.6M | 208.4M | 198.0M | |
Short Term Investments | 2.2B | 4.7B | 6.5B | 5.6B | 5.2B | 5.0B | |
Inventory | (796.5M) | (1.6B) | (2.6B) | (1.3B) | 584.2M | 613.4M | |
Treasury Stock | (455K) | (474K) | (480K) | (2.2M) | (2.5M) | (2.6M) | |
Property Plant Equipment | 150.0M | 158.2M | 146.4M | 142.9M | 164.4M | 160.1M | |
Intangible Assets | 34.3M | 40.9M | 29.9M | 21.1M | 13.4M | 12.7M | |
Net Tangible Assets | 2.2B | 2.2B | 2.0B | 1.3B | 1.5B | 1.9B | |
Retained Earnings Total Equity | 1.1B | 1.2B | 1.2B | 1.4B | 1.6B | 940.0M | |
Capital Surpluse | 941.7M | 946.5M | 738.3M | 486.1M | 437.5M | 694.7M | |
Long Term Investments | 138.7M | 4.9B | 6.7B | 6.1B | 5.6B | 3.2B |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First 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 bureau of labor statistics. To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.Note that the First Bancorp information on this page should be used as a complementary analysis to other First Bancorp'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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Is First Bancorp'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 Bancorp. 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 Bancorp 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 0.127 | Dividend Share 0.58 | Earnings Share 1.76 | Revenue Per Share 4.986 | Quarterly Revenue Growth 0.002 |
The market value of First 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 Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp'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 Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp'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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp'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.