First Total Stockholder Equity vs Cash 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 Stockholder Equity and its Cash 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 Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Commonwealth Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between First Commonwealth's Total Stockholder Equity and Cash is 0.46. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Stockholder Equity and Cash 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 Stockholder Equity of First Commonwealth Financial are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., First Commonwealth's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of First Commonwealth, which is listed under current asset account on First Commonwealth Financial balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First Commonwealth customers. The amounts must be unrestricted with restricted cash listed in a different First Commonwealth account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
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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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.