First Total Current Assets vs Non Currrent Assets Other Analysis

FRBA Stock  USD 12.63  0.16  1.28%   
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 Total Current Assets and its Non Currrent Assets Other 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.

Total Current Assets vs Non Currrent Assets Other

Total Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bank Total Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between First Bank's Total Current Assets and Non Currrent Assets Other is 0.31. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Current Assets and Non Currrent Assets Other 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 Bank are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., First Bank's Total Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Profit89.6M97.5M173.2M181.9M
Total Revenue89.6M97.5M173.2M181.9M

First Bank fundamental ratios Correlations

1.00.66-0.640.950.850.950.83-0.311.00.870.92-0.020.920.870.78-0.150.90.960.090.870.360.10.850.820.87
1.00.69-0.630.930.860.940.83-0.330.990.890.93-0.040.90.890.81-0.170.910.950.10.870.310.110.810.80.86
0.660.69-0.530.630.750.540.79-0.680.660.750.54-0.380.510.780.66-0.450.770.630.090.740.20.110.410.310.54
-0.64-0.63-0.53-0.55-0.7-0.67-0.720.33-0.64-0.66-0.590.5-0.7-0.69-0.380.64-0.65-0.54-0.49-0.73-0.63-0.5-0.55-0.34-0.62
0.950.930.63-0.550.710.880.78-0.220.950.730.790.170.890.710.630.040.80.96-0.030.830.32-0.020.910.880.79
0.850.860.75-0.70.710.820.92-0.490.850.980.8-0.430.780.980.88-0.520.940.760.280.890.40.290.610.480.86
0.950.940.54-0.670.880.820.73-0.180.950.850.9-0.030.920.840.76-0.160.830.850.20.770.420.20.830.810.93
0.830.830.79-0.720.780.920.73-0.550.830.880.69-0.360.740.870.71-0.470.920.820.190.980.390.210.660.470.75
-0.31-0.33-0.680.33-0.22-0.49-0.18-0.55-0.31-0.46-0.380.58-0.04-0.53-0.360.59-0.54-0.340.27-0.430.00.240.020.2-0.23
1.00.990.66-0.640.950.850.950.83-0.310.870.92-0.020.920.870.78-0.150.890.960.090.870.370.10.860.820.87
0.870.890.75-0.660.730.980.850.88-0.460.870.84-0.350.790.980.93-0.440.950.770.240.860.330.240.60.540.89
0.920.930.54-0.590.790.80.90.69-0.380.920.84-0.070.80.860.77-0.190.870.86-0.020.710.24-0.030.670.710.85
-0.02-0.04-0.380.50.17-0.43-0.03-0.360.58-0.02-0.35-0.07-0.03-0.42-0.250.98-0.220.11-0.48-0.27-0.4-0.50.20.5-0.06
0.920.90.51-0.70.890.780.920.74-0.040.920.790.8-0.030.770.7-0.170.740.830.320.80.570.310.90.840.81
0.870.890.78-0.690.710.980.840.87-0.530.870.980.86-0.420.770.89-0.520.940.760.260.840.350.260.580.490.86
0.780.810.66-0.380.630.880.760.71-0.360.780.930.77-0.250.70.89-0.30.820.660.170.690.180.170.490.510.79
-0.15-0.17-0.450.640.04-0.52-0.16-0.470.59-0.15-0.44-0.190.98-0.17-0.52-0.3-0.33-0.01-0.52-0.39-0.48-0.540.060.37-0.18
0.90.910.77-0.650.80.940.830.92-0.540.890.950.87-0.220.740.940.82-0.330.870.050.890.220.060.630.580.89
0.960.950.63-0.540.960.760.850.82-0.340.960.770.860.110.830.760.66-0.010.87-0.070.870.26-0.070.850.820.77
0.090.10.09-0.49-0.030.280.20.190.270.090.24-0.02-0.480.320.260.17-0.520.05-0.070.250.491.00.1-0.030.13
0.870.870.74-0.730.830.890.770.98-0.430.870.860.71-0.270.80.840.69-0.390.890.870.250.440.260.740.570.74
0.360.310.2-0.630.320.40.420.390.00.370.330.24-0.40.570.350.18-0.480.220.260.490.440.490.590.220.31
0.10.110.11-0.5-0.020.290.20.210.240.10.24-0.03-0.50.310.260.17-0.540.06-0.071.00.260.490.11-0.050.12
0.850.810.41-0.550.910.610.830.660.020.860.60.670.20.90.580.490.060.630.850.10.740.590.110.870.72
0.820.80.31-0.340.880.480.810.470.20.820.540.710.50.840.490.510.370.580.82-0.030.570.22-0.050.870.7
0.870.860.54-0.620.790.860.930.75-0.230.870.890.85-0.060.810.860.79-0.180.890.770.130.740.310.120.720.7
Click cells to compare fundamentals

First Bank Account Relationship Matchups

First Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.5B2.7B3.6B3.8B
Total Stockholder Equity226.4M238.1M266.7M289.6M370.9M389.4M
Other Liab7.2M5.3M17.2M6.7M7.7M5.3M
Accounts Payable1.1M561K399K1.2M2.8M2.7M
Cash47.9M99.8M156.7M113.6M215.2M225.9M
Other Assets1.8B2.0B2.1B2.3B2.7B1.4B
Long Term Debt127.4M190.6M111.5M120.7M234.4M246.1M
Short Term Investments47.5M61.7M94.6M99.0M94.1M57.6M
Inventory(94.1M)(107.2M)(163.1M)(135.4M)24.7M25.9M
Total Liab1.8B2.1B2.2B2.4B3.2B3.4B
Common Stock101.9M103.1M103.7M104.5M134.6M81.6M
Property Plant Equipment20.1M17.9M9.9M17.6M20.2M21.2M
Non Current Assets Total130.7M134.6M172.0M184.5M3.4B3.5B
Non Currrent Assets Other(10.7M)(12.1M)(11.4M)(13.4M)3.0B3.2B
Common Stock Shares Outstanding19.4M20.0M19.8M19.7M22.1M15.8M
Other Stockholder Equity78.1M70.7M67.2M64.9M101.5M57.3M
Accumulated Other Comprehensive Income27K839K(206K)(7.3M)(5.7M)(5.4M)
Total Current Liabilities1.1M561K399K1.2M649.2M681.7M
Net Tangible Assets208.1M220.1M246.7M270.2M310.7M182.8M
Retained Earnings46.4M63.4M95.9M127.5M140.6M147.6M
Other Current Assets94.1M107.2M163.1M135.4M243.7M398.2M
Long Term Investments100.5M105.8M142.2M154.5M149.9M127.6M
Total Current Assets100.2M168.4M256.9M220.7M243.7M449.7M
Short Term Debt32.9M20.4M65.8M70.3M144.6M151.9M
Intangible Assets2.1M1.7M2.1M1.6M10.8M11.4M
Short Long Term Debt Total127.4M190.6M111.5M120.7M245.0M141.6M
Other Current Liab(1.1M)(561K)(399K)(1.2M)504.6M529.8M
Property Plant And Equipment Net11.9M10.7M9.9M10.6M31.9M33.4M
Net Debt79.6M90.8M(45.2M)7.0M29.8M33.0M
Cash And Short Term Investments95.3M161.6M251.3M212.6M(39.4M)(37.5M)
Net Receivables4.8M6.8M5.7M8.2M14.8M15.5M
Common Stock Total Equity87.0M93.1M101.9M103.1M118.6M89.7M
Liabilities And Stockholders Equity2.0B2.3B2.5B2.7B3.6B2.2B
Non Current Liabilities Total127.4M190.6M111.5M1.2M2.6B2.7B
Property Plant And Equipment Gross11.9M10.7M18.9M20.8M33.6M35.3M

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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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.