First Non Current Assets Total vs Long Term Debt 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 Non Current Assets Total and its Long Term Debt 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.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Internet Bancorp Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Internet's Non Current Assets Total and Long Term Debt is 0.64. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt 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 Non Current Assets Total 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 Non Current Assets Total of First Internet Bancorp 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 Non Current Assets Total i.e., First Internet's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that First Internet Bancorp has held for over one year. Long-term debt appears on First Internet Bancorp 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 Internet Bancorp 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 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running First Internet's price analysis, check to measure First Internet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.
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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.