First Cash Ratio from 2010 to 2024

THFF Stock  USD 48.84  0.27  0.55%   
First Financial's Cash Ratio is increasing over the last several years with stable swings. Cash Ratio is predicted to flatten to 1.52. During the period from 2010 to 2024 First Financial Cash Ratio regressed destribution of quarterly values had coefficient of variationof  71.96 and r-value of  0.27. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
2.79
Current Value
1.52
Quarterly Volatility
1.835336
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 64.2 M or Selling General Administrative of 44.7 M, as well as many indicators such as Price To Sales Ratio of 3.81, Dividend Yield of 0.0196 or PTB Ratio of 1.53. First financial statements analysis is a perfect complement when working with First Financial Valuation or Volatility modules.
  
Check out the analysis of First Financial Correlation against competitors.
For more detail on how to invest in First Stock please use our How to Invest in First Financial guide.

Latest First Financial's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of First Financial over the last few years. It is First Financial's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Financial's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Pretty Stable
   Cash Ratio   
       Timeline  

First Cash Ratio Regression Statistics

Arithmetic Mean2.55
Geometric Mean2.10
Coefficient Of Variation71.96
Mean Deviation1.35
Median1.63
Standard Deviation1.84
Sample Variance3.37
Range6.3864
R-Value0.27
Mean Square Error3.37
R-Squared0.07
Significance0.34
Slope0.11
Total Sum of Squares47.16

First Cash Ratio History

2024 1.52
2023 2.79
2022 3.1
2021 7.31
2020 5.66
2019 1.59
2018 1.07

About First Financial Financial Statements

First Financial stakeholders use historical fundamental indicators, such as First Financial's Cash Ratio, to determine how well the company is positioned to perform in the future. Although First Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Financial's assets and liabilities are reflected in the revenues and expenses on First Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 2.79  1.52 

Currently Active Assets on Macroaxis

When determining whether First Financial is a strong investment it is important to analyze First Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Financial's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Financial Correlation against competitors.
For more detail on how to invest in First Stock please use our How to Invest in First Financial guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 Financial. 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 Financial 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
(0.46)
Dividend Share
1.8
Earnings Share
3.69
Revenue Per Share
16.113
Quarterly Revenue Growth
(0.05)
The market value of First Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial'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 Financial's market value can be influenced by many factors that don't directly affect First Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial'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.