First Common Stock Shares Outstanding vs Total Assets Analysis

INBK Stock  USD 31.05  0.34  1.11%   
First Internet financial indicator trend analysis is much more than just examining First Internet Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Internet Bancorp is a good investment. Please check the relationship between First Internet Common Stock Shares Outstanding and its Total Assets accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Internet Bancorp Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Internet's Common Stock Shares Outstanding and Total Assets is 0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of First Internet Bancorp, assuming nothing else is changed. The correlation between historical values of First Internet's Common Stock Shares Outstanding and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of First Internet Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., First Internet's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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.
Most indicators from First Internet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, First Internet's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.29 this year, although the value of Tax Provision is projected to rise to (2.3 M).
 2021 2022 2023 2024 (projected)
Interest Expense47.3M59.8M21.2M30.4M
Depreciation And Amortization8.8M8.7M5.7M3.6M

First Internet fundamental ratios Correlations

0.990.570.990.690.940.890.920.64-0.370.790.40.840.870.860.79-0.751.00.360.430.850.57-0.550.990.830.82
0.990.510.990.760.930.860.880.58-0.340.80.440.870.890.890.74-0.720.990.410.410.870.51-0.490.980.80.82
0.570.510.470.140.650.680.540.99-0.020.66-0.480.140.210.130.88-0.490.58-0.290.50.131.0-0.950.520.620.18
0.990.990.470.690.940.840.920.55-0.40.750.50.870.90.90.72-0.740.990.430.390.890.47-0.450.980.830.85
0.690.760.140.690.580.480.380.180.060.770.420.840.760.770.33-0.490.680.520.280.760.13-0.070.670.390.68
0.940.930.650.940.580.880.890.68-0.430.760.250.690.730.730.73-0.790.940.090.490.690.65-0.620.910.940.66
0.890.860.680.840.480.880.850.71-0.50.650.150.620.650.670.76-0.670.890.040.450.610.68-0.640.860.760.57
0.920.880.540.920.380.890.850.61-0.60.530.430.710.780.790.76-0.660.920.260.410.760.54-0.510.920.860.73
0.640.580.990.550.180.680.710.61-0.030.68-0.380.230.310.230.93-0.530.65-0.180.490.240.99-0.940.60.640.3
-0.37-0.34-0.02-0.40.06-0.43-0.5-0.6-0.030.11-0.38-0.25-0.29-0.41-0.10.2-0.370.09-0.15-0.3-0.030.01-0.42-0.49-0.19
0.790.80.660.750.770.760.650.530.680.110.010.630.640.570.7-0.650.790.250.440.610.65-0.630.770.60.57
0.40.44-0.480.50.420.250.150.43-0.38-0.380.010.710.690.73-0.07-0.250.390.75-0.120.75-0.480.450.460.160.73
0.840.870.140.870.840.690.620.710.23-0.250.630.710.970.970.48-0.590.840.680.290.970.13-0.070.860.530.93
0.870.890.210.90.760.730.650.780.31-0.290.640.690.970.970.56-0.650.870.690.370.990.21-0.140.90.570.94
0.860.890.130.90.770.730.670.790.23-0.410.570.730.970.970.48-0.570.860.660.310.970.13-0.070.890.590.89
0.790.740.880.720.330.730.760.760.93-0.10.7-0.070.480.560.48-0.540.790.160.460.50.88-0.840.770.650.55
-0.75-0.72-0.49-0.74-0.49-0.79-0.67-0.66-0.530.2-0.65-0.25-0.59-0.65-0.57-0.54-0.76-0.09-0.6-0.62-0.490.46-0.72-0.7-0.62
1.00.990.580.990.680.940.890.920.65-0.370.790.390.840.870.860.79-0.760.360.430.850.58-0.550.990.830.81
0.360.41-0.290.430.520.090.040.26-0.180.090.250.750.680.690.660.16-0.090.36-0.060.74-0.30.280.43-0.080.72
0.430.410.50.390.280.490.450.410.49-0.150.44-0.120.290.370.310.46-0.60.43-0.060.30.5-0.350.410.420.21
0.850.870.130.890.760.690.610.760.24-0.30.610.750.970.990.970.5-0.620.850.740.30.13-0.090.880.530.94
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
0.990.980.520.980.670.910.860.920.6-0.420.770.460.860.90.890.77-0.720.990.430.410.880.52-0.50.780.84
0.830.80.620.830.390.940.760.860.64-0.490.60.160.530.570.590.65-0.70.83-0.080.420.530.62-0.590.780.5
0.820.820.180.850.680.660.570.730.3-0.190.570.730.930.940.890.55-0.620.810.720.210.940.17-0.140.840.5
Click cells to compare fundamentals

First Internet Account Relationship Matchups

First Internet fundamental ratios 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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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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the First Internet Bancorp information on this page should be used as a complementary analysis to other First Internet'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Is First Internet'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 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
11.036
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.