First Asset Turnover vs Payout Ratio Analysis
FNLC Stock | USD 24.64 0.75 3.14% |
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 Asset Turnover and its Payout Ratio 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 economic analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.
Asset Turnover vs Payout Ratio
Asset Turnover vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancorp Asset Turnover account and Payout Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Bancorp's Asset Turnover and Payout Ratio is 0.7. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Payout Ratio 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 Asset Turnover and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of First Bancorp are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Asset Turnover i.e., First Bancorp's Asset Turnover and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Payout Ratio
Payout Ratio is the proportion of First Bancorp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of First Bancorp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating First Bancorp is paying out more in dividends than it makes in net income.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 economic analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bancorp's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
2021 | 2023 | 2024 (projected) | Interest Expense | 10.8M | 63.0M | 66.1M | Depreciation And Amortization | 69K | 26K | 24.7K |
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) | ||
Total Assets | 2.1B | 2.4B | 2.5B | 2.7B | 2.9B | 3.1B | |
Short Long Term Debt Total | 185.0M | 262.0M | 136.3M | 103.5M | 70.3M | 66.8M | |
Total Stockholder Equity | 212.5M | 223.7M | 245.7M | 228.9M | 243.1M | 135.0M | |
Property Plant And Equipment Net | 21.3M | 27.3M | 28.9M | 28.3M | 28.7M | 18.2M | |
Net Debt | 159.2M | 179.7M | 49.0M | 77.1M | 34.9M | 33.1M | |
Retained Earnings | 144.8M | 158.4M | 180.4M | 204.3M | 211.9M | 222.5M | |
Cash | 25.7M | 82.4M | 87.3M | 26.4M | 35.4M | 23.8M | |
Non Current Assets Total | 693.2M | 736.9M | 750.2M | 737.3M | 2.9B | 3.0B | |
Non Currrent Assets Other | (3.7M) | (6.7M) | (5.6M) | (17.8M) | 2.8B | 3.0B | |
Other Assets | 982.1M | 1.2B | 1.4B | 1.7B | 1.9B | 2.0B | |
Cash And Short Term Investments | 386.3M | 395.7M | 407.9M | 310.9M | (31.9M) | (30.3M) | |
Net Receivables | 7.2M | 9.3M | 7.5M | 9.8M | 11.9M | 12.5M | |
Common Stock Shares Outstanding | 10.9M | 10.9M | 11.0M | 11.0M | 11.1M | 10.5M | |
Liabilities And Stockholders Equity | 2.1B | 2.4B | 2.5B | 2.7B | 2.9B | 3.1B | |
Non Current Liabilities Total | 185.0M | 262.0M | 136.3M | 2.5B | 714.7M | 750.4M | |
Other Stockholder Equity | 64.0M | 65.3M | 66.8M | 68.4M | 70.1M | 41.4M | |
Total Liab | 1.9B | 2.1B | 136.3M | 2.5B | 2.7B | 2.8B | |
Property Plant And Equipment Gross | 21.3M | 27.3M | 50.4M | 50.8M | 51.6M | 54.2M | |
Total Current Assets | 393.4M | 405.0M | 415.4M | 320.8M | 47.3M | 45.0M | |
Accumulated Other Comprehensive Income | 3.6M | (28K) | (1.7M) | (44.0M) | (39.0M) | (37.1M) | |
Total Current Liabilities | 174.9M | 206.9M | 1.3B | 1.8B | 2.0B | 2.1B | |
Short Term Debt | 174.9M | 206.9M | 81.3M | 103.5M | 69.7M | 112.7M | |
Other Liab | 19.2M | 30.9M | 21.8M | 22.2M | 25.6M | 14.7M | |
Accounts Payable | 1.7B | 1.8B | 2.1B | 2.4B | 2.7B | 2.9B | |
Long Term Debt | 10.1M | 55.1M | 136.3M | 103.5M | 119.0M | 98.4M | |
Inventory | (33.2M) | (92.6M) | (94.9M) | (36.3M) | 18.9M | 19.8M | |
Property Plant Equipment | 21.3M | 27.3M | 28.9M | 28.3M | 32.5M | 20.3M | |
Short Term Investments | 360.5M | 313.4M | 320.6M | 284.5M | 282.1M | 234.2M | |
Other Current Assets | 33.2M | 92.6M | 94.9M | 36.3M | 47.3M | 45.0M | |
Intangible Assets | 1.5M | 2.0M | 2.7M | 2.5M | 2.2M | 2.1M | |
Other Current Liab | (174.9M) | (206.9M) | 1.2B | 1.7B | 1.9B | 1.1B | |
Net Tangible Assets | 182.7M | 193.1M | 215.0M | 198.3M | 228.0M | 165.3M | |
Retained Earnings Total Equity | 144.8M | 158.4M | 180.4M | 204.3M | 235.0M | 136.3M | |
Long Term Debt Total | 10.1M | 55.1M | 55.1M | 84K | 75.6K | 71.8K | |
Capital Surpluse | 64.0M | 65.3M | 66.8M | 68.4M | 78.7M | 64.7M | |
Long Term Investments | 1.9B | 684.8M | 690.6M | 678.4M | 667.3M | 888.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Bancorp's short interest history, or implied volatility extrapolated from First Bancorp options trading.
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When running First Bancorp's price analysis, check to measure First Bancorp'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 Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp'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 Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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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 (0.28) | Dividend Share 1.39 | Earnings Share 2.66 | Revenue Per Share 7.225 | Quarterly Revenue Growth (0.16) |
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.