First Bank Stock Current Ratio

FRBA Stock  USD 15.09  0.20  1.34%   
First Bank fundamentals help investors to digest information that contributes to First Bank's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Bank stock.
Last ReportedProjected for Next Year
Current Ratio 0.48  0.46 
As of December 11, 2024, Current Ratio is expected to decline to 0.46.
  
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First Bank Company Current Ratio Analysis

First Bank's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current First Bank Current Ratio

    
  0.46  
Most of First Bank's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for First Bank is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Current Ratio. Since First Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Bank's interrelated accounts and indicators.
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First Current Ratio Historical Pattern

Today, most investors in First Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Bank's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Bank current ratio as a starting point in their analysis.
   First Bank Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

First Price To Sales Ratio

Price To Sales Ratio

2.51

At present, First Bank's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting.

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First Fundamentals

About First Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 First Bank Piotroski F Score and First Bank Altman Z Score analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 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
0.257
Dividend Share
0.24
Earnings Share
1.61
Revenue Per Share
4.921
Quarterly Revenue Growth
0.4
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.