First Accounts Payable vs Cash Analysis
FRBA Stock | USD 12.35 0.28 2.22% |
First Bank financial indicator trend analysis is much more than just examining First Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bank is a good investment. Please check the relationship between First Bank Accounts Payable and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. 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. For information on how to trade First Stock refer to our How to Trade First Stock guide.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bank Accounts Payable account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Bank's Accounts Payable and Cash is -0.55. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of First Bank, assuming nothing else is changed. The correlation between historical values of First Bank's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of First Bank are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., First Bank's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents First Bank obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Bank are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of First Bank, which is listed under current asset account on First Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First Bank customers. The amounts must be unrestricted with restricted cash listed in a different First Bank account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from First Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bank 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 Bank. 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. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bank's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 129.87, whereas Selling General Administrative is forecasted to decline to about 21.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 89.6M | 97.5M | 173.2M | 181.9M | Total Revenue | 89.6M | 97.5M | 173.2M | 181.9M |
First Bank fundamental ratios Correlations
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First Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.3B | 2.5B | 2.7B | 3.6B | 3.8B | |
Total Stockholder Equity | 226.4M | 238.1M | 266.7M | 289.6M | 370.9M | 389.4M | |
Other Liab | 7.2M | 5.3M | 17.2M | 6.7M | 7.7M | 5.3M | |
Accounts Payable | 1.1M | 561K | 399K | 1.2M | 2.8M | 2.7M | |
Cash | 47.9M | 99.8M | 156.7M | 113.6M | 215.2M | 225.9M | |
Other Assets | 1.8B | 2.0B | 2.1B | 2.3B | 2.7B | 1.4B | |
Long Term Debt | 127.4M | 190.6M | 111.5M | 120.7M | 234.4M | 246.1M | |
Short Term Investments | 47.5M | 61.7M | 94.6M | 99.0M | 94.1M | 57.6M | |
Inventory | (94.1M) | (107.2M) | (163.1M) | (135.4M) | 24.7M | 25.9M | |
Total Liab | 1.8B | 2.1B | 2.2B | 2.4B | 3.2B | 3.4B | |
Common Stock | 101.9M | 103.1M | 103.7M | 104.5M | 134.6M | 81.6M | |
Property Plant Equipment | 20.1M | 17.9M | 9.9M | 17.6M | 20.2M | 21.2M | |
Non Current Assets Total | 130.7M | 134.6M | 172.0M | 184.5M | 3.4B | 3.5B | |
Non Currrent Assets Other | (10.7M) | (12.1M) | (11.4M) | (13.4M) | 3.0B | 3.2B | |
Common Stock Shares Outstanding | 19.4M | 20.0M | 19.8M | 19.7M | 22.1M | 15.8M | |
Other Stockholder Equity | 78.1M | 70.7M | 67.2M | 64.9M | 101.5M | 57.3M | |
Accumulated Other Comprehensive Income | 27K | 839K | (206K) | (7.3M) | (5.7M) | (5.4M) | |
Total Current Liabilities | 1.1M | 561K | 399K | 1.2M | 649.2M | 681.7M | |
Net Tangible Assets | 208.1M | 220.1M | 246.7M | 270.2M | 310.7M | 182.8M | |
Retained Earnings | 46.4M | 63.4M | 95.9M | 127.5M | 140.6M | 147.6M | |
Other Current Assets | 94.1M | 107.2M | 163.1M | 135.4M | 243.7M | 398.2M | |
Long Term Investments | 100.5M | 105.8M | 142.2M | 154.5M | 149.9M | 127.6M | |
Total Current Assets | 100.2M | 168.4M | 256.9M | 220.7M | 243.7M | 449.7M | |
Short Term Debt | 32.9M | 20.4M | 65.8M | 70.3M | 144.6M | 151.9M | |
Intangible Assets | 2.1M | 1.7M | 2.1M | 1.6M | 10.8M | 11.4M | |
Short Long Term Debt Total | 127.4M | 190.6M | 111.5M | 120.7M | 245.0M | 141.6M | |
Other Current Liab | (1.1M) | (561K) | (399K) | (1.2M) | 504.6M | 529.8M | |
Property Plant And Equipment Net | 11.9M | 10.7M | 9.9M | 10.6M | 31.9M | 33.4M | |
Net Debt | 79.6M | 90.8M | (45.2M) | 7.0M | 29.8M | 33.0M | |
Cash And Short Term Investments | 95.3M | 161.6M | 251.3M | 212.6M | (39.4M) | (37.5M) | |
Net Receivables | 4.8M | 6.8M | 5.7M | 8.2M | 14.8M | 15.5M | |
Common Stock Total Equity | 87.0M | 93.1M | 101.9M | 103.1M | 118.6M | 89.7M | |
Liabilities And Stockholders Equity | 2.0B | 2.3B | 2.5B | 2.7B | 3.6B | 2.2B | |
Non Current Liabilities Total | 127.4M | 190.6M | 111.5M | 1.2M | 2.6B | 2.7B | |
Property Plant And Equipment Gross | 11.9M | 10.7M | 18.9M | 20.8M | 33.6M | 35.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bank'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 Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bank Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. 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. For information on how to trade First Stock refer to our How to Trade First Stock guide.Note that the First Bank information on this page should be used as a complementary analysis to other First Bank'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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Is First Bank'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 Bank. 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 Bank 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 0.394 | Dividend Share 0.24 | Earnings Share 1.09 | Revenue Per Share 4.543 | Quarterly Revenue Growth 0.447 |
The market value of First Bank 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is First Bank'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 Bank's market value can be influenced by many factors that don't directly affect First Bank'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 Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bank'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.