First Long Term Investments vs Long Term Debt Analysis

FR Stock  USD 46.00  0.04  0.09%   
First Industrial financial indicator trend analysis is much more than just examining First Industrial Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Industrial Realty is a good investment. Please check the relationship between First Industrial Long Term Investments and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Industrial Realty Long Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between First Industrial's Long Term Investments and Long Term Debt is 0.13. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of First Industrial Realty, assuming nothing else is changed. The correlation between historical values of First Industrial's Long Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of First Industrial Realty are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Investments i.e., First Industrial's Long Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of First Industrial balance sheet that represents investments First Industrial Realty intends to hold for over a year. First Industrial Realty long term investments may include different instruments such as stocks, bonds, real estate and cash.

Long Term Debt

Long-term debt is a debt that First Industrial Realty has held for over one year. Long-term debt appears on First Industrial Realty balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on First Industrial Realty balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from First Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Industrial Realty 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 Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, First Industrial's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 04/29/2024, Enterprise Value is likely to grow to about 9.6 B, while Selling General Administrative is likely to drop slightly above 33.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit345.0M396.3M448.4M305.9M
Total Revenue476.3M539.9M614.0M396.4M

First Industrial fundamental ratios Correlations

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0.980.87-0.330.840.450.790.530.80.870.890.9-0.330.240.66-0.210.670.970.670.730.830.820.790.20.760.41
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0.410.250.45-0.150.220.440.8-0.110.290.040.32-0.15-0.620.410.620.450.410.450.64-0.070.59-0.140.80.760.07
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0.580.560.53-0.180.520.80.640.120.580.270.59-0.18-0.210.510.190.590.560.590.770.180.70.110.40.86-0.12
0.810.790.8-0.440.77-0.110.70.120.750.960.78-0.440.670.55-0.650.430.790.430.520.980.611.0-0.30.330.42
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0.910.880.89-0.320.870.040.770.270.960.880.88-0.320.640.55-0.620.520.890.520.610.960.70.97-0.240.50.42
0.971.00.9-0.20.990.320.820.590.780.980.88-0.20.430.71-0.430.530.960.530.750.830.750.78-0.040.780.13
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0.330.480.240.040.5-0.620.27-0.210.670.480.640.430.040.05-0.970.040.30.040.040.640.130.7-0.88-0.130.19
0.70.690.66-0.50.710.410.740.510.550.560.550.71-0.50.05-0.140.160.70.160.770.610.640.530.20.52-0.16
-0.32-0.48-0.210.05-0.510.62-0.340.19-0.65-0.46-0.62-0.430.05-0.97-0.140.09-0.280.09-0.12-0.64-0.1-0.690.90.14-0.08
0.610.490.67-0.20.40.450.470.590.430.570.520.53-0.20.040.160.090.61.00.440.40.680.420.320.650.43
0.990.950.97-0.230.930.410.780.560.790.940.890.96-0.230.30.7-0.280.60.60.730.840.760.780.130.80.25
0.610.490.67-0.20.40.450.470.590.430.570.520.53-0.20.040.160.091.00.60.440.40.680.420.320.650.43
0.770.70.73-0.590.690.640.960.770.520.690.610.75-0.590.040.77-0.120.440.730.440.550.880.510.210.750.11
0.850.840.83-0.40.83-0.070.710.180.980.790.960.83-0.40.640.61-0.640.40.840.40.550.610.98-0.280.390.36
0.810.70.82-0.540.660.590.880.70.610.720.70.75-0.540.130.64-0.10.680.760.680.880.610.60.220.740.4
0.810.790.79-0.410.78-0.140.70.111.00.760.970.78-0.410.70.53-0.690.420.780.420.510.980.6-0.350.310.41
0.09-0.10.2-0.11-0.140.80.010.4-0.3-0.09-0.24-0.04-0.11-0.880.20.90.320.130.320.21-0.280.22-0.350.450.05
0.790.740.76-0.130.710.760.670.860.330.790.50.78-0.13-0.130.520.140.650.80.650.750.390.740.310.450.07
0.280.090.41-0.20.050.070.2-0.120.420.180.420.13-0.20.19-0.16-0.080.430.250.430.110.360.40.410.050.07
Click cells to compare fundamentals

First Industrial Account Relationship Matchups

First Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.8B4.2B5.0B5.2B3.1B
Short Long Term Debt Total1.5B1.6B1.6B2.1B2.2B1.5B
Total Stockholder Equity1.8B1.9B2.2B2.5B2.6B1.3B
Net Debt1.5B1.5B1.6B2.0B2.2B1.5B
Retained Earnings(370.8M)(306.3M)(178.3M)23.1M127.7M134.1M
Non Currrent Assets Other3.1B3.3B3.8B4.4B4.7B4.9B
Other Assets128.3M3.6B291.014.6B5.3B5.6B
Common Stock Shares Outstanding126.7M127.9M129.8M132.1M132.3M79.2M
Liabilities And Stockholders Equity3.5B3.8B4.2B5.0B5.2B3.1B
Non Current Liabilities Total1.4B1.7B1.7B2.1B2.1B1.6B
Other Stockholder Equity2.2B2.3B2.4B2.5B2.4B1.7B
Total Liab1.7B1.8B1.9B2.4B2.5B1.8B
Other Current Liab30.6M33.7M(61.4M)(58.9M)(62.5M)(59.4M)
Total Current Liabilities303.2M154.0M269.3M363.1M486.6M283.1M
Accounts Payable114.6M120.3M153.1M178.9M143.4M133.5M
Cash21.1M162.1M58.6M133.2M43.8M34.1M
Non Current Assets Total3.1B3.4B3.9B4.5B4.8B2.7B
Cash And Short Term Investments21.1M162.1M58.6M133.2M43.8M34.1M
Net Receivables86.2M90.3M103.8M130.1M155.0M162.8M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M855.3K
Total Current Assets421.8M424.9M318.7M475.3M402.1M422.3M
Accumulated Other Comprehensive Income(6.9M)(17.0M)(4.2M)33.4M22.3M23.4M
Common Stock1.3M1.3M1.3M1.3M1.3M876.7K
Other Liab69.4M73.2M107.8M115.3M103.8M75.0M
Long Term Debt1.3B1.6B1.5B1.9B1.9B1.7B
Other Current Assets(239.0M)(289.9M)(162.6M)200.1M203.3M213.4M
Inventory59.5M1.015.7M318.8M11.9M0.95
Intangible Assets28.5M25.2M21.3M24.1M21.5M34.5M
Net Tangible Assets1.7B1.9B2.0B2.4B2.8B1.6B
Noncontrolling Interest In Consolidated Entity33.9M44.6M53.6M71.1M64.0M109.9M
Retained Earnings Total Equity(370.8M)(306.3M)(178.3M)23.1M26.6M27.9M
Long Term Debt Total1.3B1.6B1.5B1.9B2.2B1.5B
Capital Surpluse2.1B2.2B2.4B2.4B2.8B2.3B
Long Term Investments18.2M61.4M36.0M8.8M44.7M29.2M
Non Current Liabilities Other34.3M33.9M31.8M37.4M43.0M22.3M
Short Term Debt158M261.9M79M143M299M163.5M
Property Plant Equipment3.0B3.3B3.8B4.4B5.1B3.0B

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When determining whether First Industrial Realty is a strong investment it is important to analyze First Industrial'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 Industrial'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 Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is First Industrial'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 Industrial. 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 Industrial 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
0.231
Dividend Share
1.33
Earnings Share
2.17
Revenue Per Share
4.72
Quarterly Revenue Growth
0.04
The market value of First Industrial Realty 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 Industrial's value that differs from its market value or its book value, called intrinsic value, which is First Industrial'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 Industrial's market value can be influenced by many factors that don't directly affect First Industrial'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 Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Industrial'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.