First Historical Balance Sheet

INBK Stock  USD 26.19  1.47  5.31%   
Trend analysis of First Internet Bancorp balance sheet accounts such as Total Current Liabilities of 3.5 B or Total Stockholder Equity of 380.9 M provides information on First Internet's total assets, liabilities, and equity, which is the actual value of First Internet Bancorp to its prevalent stockholders. By breaking down trends over time using First Internet balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining First Internet Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Internet Bancorp is a good buy for the upcoming year.

First Internet Inventory

(19.4 Million)

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About First Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of First Internet Bancorp at a specified time, usually calculated after every quarter, six months, or one year. First Internet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Internet and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

First Internet Balance Sheet Chart

At this time, First Internet's Accounts Payable is quite stable compared to the past year. Cash is expected to rise to about 426.2 M this year, although the value of Net Receivables will most likely fall to about 485.6 M.

Total Assets

Total assets refers to the total amount of First Internet assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Internet Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on First Internet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Internet Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from First Internet's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Internet Bancorp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, First Internet's Accounts Payable is quite stable compared to the past year. Cash is expected to rise to about 426.2 M this year, although the value of Net Receivables will most likely fall to about 485.6 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total619.2M719.5M719.8M755.8M
Total Assets4.2B4.5B5.2B5.4B

First Internet balance sheet Correlations

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0.570.511.00.470.130.650.680.540.99-0.030.65-0.480.130.210.130.88-0.490.58-0.30.50.13-0.950.520.620.17
-0.55-0.49-0.95-0.45-0.07-0.62-0.64-0.51-0.940.01-0.630.45-0.07-0.14-0.07-0.840.46-0.550.28-0.35-0.09-0.95-0.5-0.59-0.14
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Click cells to compare fundamentals

First Internet Account Relationship Matchups

First Internet balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.2B4.2B4.5B5.2B5.4B
Short Long Term Debt Total584.4M594.5M619.2M719.5M719.8M755.8M
Total Current Liabilities3.8M1.4M2.0M2.9M3.4B3.5B
Total Stockholder Equity304.9M330.9M380.3M365.0M362.8M380.9M
Net Debt257.1M174.7M176.2M462.9M313.9M167.0M
Retained Earnings99.7M126.7M172.4M205.7M207.5M217.8M
Accounts Payable3.8M1.4M2.0M2.9M3.8M4.0M
Cash327.4M419.8M443.0M256.6M405.9M426.2M
Non Current Assets Total622.0M608.1M727.1M77.4M4.7B5.0B
Non Currrent Assets Other(622.0M)(608.1M)(727.1M)(579.6M)96.7M101.6M
Other Assets1.5B1.7B1.5B4.0B4.6B4.9B
Cash And Short Term Investments868.2M917.4M1.0B646.9M(8.3M)(7.9M)
Net Receivables1.1B1.0B928.7M1.0B955.2M485.6M
Common Stock Total Equity219.4M221.4M218.9M192.9M221.9M134.6M
Common Stock Shares Outstanding10.0M9.8M10.0M9.6M8.9M6.1M
Liabilities And Stockholders Equity4.1B4.2B4.2B4.5B5.2B5.4B
Non Current Liabilities Total584.4M594.5M619.2M2.9M1.4B1.5B
Other Stockholder Equity(14.2M)(17.2M)(11.0M)(33.6M)(30.3M)(28.8M)
Total Liab3.8B3.9B3.8B4.2B4.8B5.0B
Total Current Assets1.9B1.9B2.0B428.9M433.0M411.4M
Accumulated Other Comprehensive Income(14.2M)(17.2M)(11.0M)(33.6M)(29.4M)(27.9M)
Short Term Debt110.9M110.4M110M145M255.0M128.7M
Common Stock219.4M221.4M218.9M192.9M184.7M133.3M
Other Current Liab(3.8M)(1.4M)(2.0M)(2.9M)3.1B3.3B
Long Term Debt69.5M594.5M619.2M719.5M719.8M755.8M
Short Term Investments540.9M497.6M603.0M390.4M474.9M376.1M
Inventory(348.0M)(437.2M)(460.2M)42K(18.5M)(19.4M)
Intangible Assets2.5M3.6M4.7M6.3M10.6M5.5M
Property Plant Equipment14.6M37.6M59.8M72.7M83.6M87.8M
Property Plant And Equipment Net14.6M37.6M59.8M72.7M73.5M77.1M
Net Tangible Assets300.2M326.3M375.7M360.3M414.3M252.2M
Retained Earnings Total Equity99.7M126.7M172.4M205.7M236.5M248.4M
Long Term Debt Total69.5M79.6M104.2M104.5M120.2M126.2M
Other Current Assets348.0M437.2M460.2M(1.2B)433.0M321.0M
Long Term Investments3.6B565.9M662.6M579.6M702.0M1.4B
Property Plant And Equipment Gross14.6M37.6M66.6M83.6M88.3M92.7M
Non Current Liabilities Other514.9M514.9M514.9M614.9M707.2M397.6M

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Additional Information and Resources on Investing in First Stock

When determining whether First Internet Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Internet Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about First Internet Bancorp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Regional Banks space 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 Internet. 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 Internet 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
(0.30)
Dividend Share
0.24
Earnings Share
1.87
Revenue Per Share
10.902
Quarterly Revenue Growth
0.707
The market value of First Internet 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 Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet'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 Internet's market value can be influenced by many factors that don't directly affect First Internet'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 Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet'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.