First Total Assets vs Property Plant And Equipment Net Analysis
FCF Stock | USD 18.74 0.17 0.92% |
First Commonwealth financial indicator trend analysis is much more than just examining First Commonwealth latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Commonwealth is a good investment. Please check the relationship between First Commonwealth Total Assets and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Commonwealth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Total Assets vs Property Plant And Equipment Net
Total Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Commonwealth Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between First Commonwealth's Total Assets and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of First Commonwealth Financial, assuming nothing else is changed. The correlation between historical values of First Commonwealth's Total Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of First Commonwealth Financial are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., First Commonwealth's Total Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of First Commonwealth 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 Commonwealth 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from First Commonwealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Commonwealth 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Commonwealth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. The current Selling General Administrative is estimated to decrease to about 90.3 M. The current Tax Provision is estimated to decrease to about 32.6 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.3M | 17.7M | 144.3M | 151.5M | Depreciation And Amortization | 14.8M | 15.7M | 4.1M | 3.9M |
First Commonwealth fundamental ratios Correlations
Click cells to compare fundamentals
First Commonwealth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Commonwealth fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.3B | 9.1B | 9.5B | 9.8B | 11.5B | 6.4B | |
Short Long Term Debt Total | 436.0M | 350.6M | 320.6M | 553.9M | 833.9M | 886.7M | |
Other Current Liab | (201.9M) | (117.4M) | (138.3M) | (372.7M) | 4.1B | 4.3B | |
Total Current Liabilities | 201.9M | 117.4M | 138.3M | 285M | 4.7B | 4.9B | |
Total Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 675.3M | |
Property Plant And Equipment Net | 137.3M | 125.5M | 120.8M | 115.1M | 121.0M | 71.5M | |
Net Debt | 314.2M | (6.0M) | (74.8M) | 399.7M | 686.9M | 765.2M | |
Retained Earnings | 577.3M | 596.6M | 691.3M | 774.9M | 881.1M | 925.2M | |
Cash | 121.9M | 356.6M | 395.4M | 154.2M | 147.0M | 121.5M | |
Non Current Assets Total | 1.7B | 1.6B | 2.0B | 1.7B | 12.9B | 13.5B | |
Non Currrent Assets Other | (31.3M) | (40.0M) | (39.4M) | (77.8M) | (2.1B) | (2.0B) | |
Other Assets | 5.6B | 6.2B | 6.1B | 7.2B | (1.7B) | (1.6B) | |
Cash And Short Term Investments | 1.0B | 1.2B | 1.4B | 916.9M | 147.0M | 139.6M | |
Common Stock Shares Outstanding | 98.6M | 97.8M | 95.8M | 93.9M | 101.8M | 84.5M | |
Liabilities And Stockholders Equity | 8.3B | 9.1B | 9.5B | 9.8B | 11.5B | 6.4B | |
Non Current Liabilities Total | 234.2M | 233.3M | 182.3M | 285M | 5.5B | 5.8B | |
Other Stockholder Equity | 358.8M | 340.9M | 313.0M | 301.0M | 421.3M | 221.0M | |
Total Liab | 7.3B | 8.0B | 8.4B | 8.8B | 10.2B | 5.7B | |
Property Plant And Equipment Gross | 137.3M | 125.5M | 291.1M | 294.9M | 312.3M | 327.9M | |
Total Current Assets | 1.0B | 1.2B | 1.4B | 916.9M | 294.4M | 279.7M | |
Short Term Debt | 201.9M | 117.4M | 138.3M | 372.7M | 604.4M | 538.6M | |
Accumulated Other Comprehensive Income | 5.6M | 17.2M | (8.8M) | (137.7M) | (111.8M) | (106.2M) | |
Other Liab | 65.1M | 210.2M | 132.6M | 59.8M | 68.7M | 65.2M | |
Accounts Payable | 6.7B | 7.4B | 8.0B | 8.0B | 9.2B | 5.3B | |
Long Term Debt | 234.2M | 233.3M | 182.3M | 181.2M | 181.9M | 270.8M | |
Short Term Investments | 919.1M | 843.5M | 1.1B | 789.1M | (1.3B) | (1.3B) | |
Inventory | 2.2M | 1.8M | 1.0M | 534K | 614.1K | 583.4K | |
Treasury Stock | (130.9M) | (134.9M) | (153.8M) | (183.2M) | (164.8M) | (156.6M) | |
Property Plant Equipment | 139.5M | 126.7M | 121.4M | 115.1M | 132.4M | 86.0M | |
Other Current Assets | 124.1M | 357.8M | 396.0M | 154.8M | 147.4M | 140.0M | |
Intangible Assets | 16.4M | 13.5M | 11.2M | 9.2M | 22.8M | 24.0M | |
Net Tangible Assets | 736.0M | 751.8M | 794.9M | 742.6M | 853.9M | 707.5M | |
Retained Earnings Total Equity | 511.4M | 577.3M | 596.6M | 691.3M | 794.9M | 490.2M | |
Long Term Debt Total | 234.2M | 233.3M | 182.3M | 181.2M | 163.1M | 142.1M | |
Capital Surpluse | 493.7M | 494.7M | 496.1M | 497.4M | 572.0M | 471.1M | |
Long Term Investments | 6.5B | 7.1B | 1.6B | 1.3B | 1.5B | 1.4B | |
Non Current Liabilities Other | 48.0M | 139.5M | 210.2M | 132.6M | 152.5M | 90.2M |
Currently Active Assets on Macroaxis
When determining whether First Commonwealth is a strong investment it is important to analyze First Commonwealth'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 Commonwealth's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Commonwealth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 Commonwealth. 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 Commonwealth 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 (0.18) | Dividend Share 0.515 | Earnings Share 1.48 | Revenue Per Share 4.475 | Quarterly Revenue Growth (0.05) |
The market value of First Commonwealth 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 Commonwealth's value that differs from its market value or its book value, called intrinsic value, which is First Commonwealth'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 Commonwealth's market value can be influenced by many factors that don't directly affect First Commonwealth'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 Commonwealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Commonwealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Commonwealth'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.