First Change To Account Receivables vs Change To Liabilities Analysis
FCNCA Stock | USD 2,295 11.53 0.50% |
First Citizens financial indicator trend analysis is much more than just examining First Citizens BancShares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Citizens BancShares is a good investment. Please check the relationship between First Citizens Change To Account Receivables and its Change To Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. 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.
Change To Account Receivables vs Change To Liabilities
Change To Account Receivables vs Change To Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Citizens BancShares Change To Account Receivables account and Change To Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between First Citizens' Change To Account Receivables and Change To Liabilities is 0.02. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of First Citizens BancShares, assuming nothing else is changed. The correlation between historical values of First Citizens' Change To Account Receivables and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of First Citizens BancShares are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Account Receivables i.e., First Citizens' Change To Account Receivables and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change To Account Receivables
Change To Liabilities
Most indicators from First Citizens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Citizens BancShares 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 Citizens BancShares. 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. At present, First Citizens' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 574.4 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.31.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 60.7M | 467M | 3.7B | 3.9B | Depreciation And Amortization | 132.2M | 533M | 314M | 329.7M |
First Citizens fundamental ratios Correlations
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First Citizens Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Citizens fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.8B | 50.0B | 58.3B | 109.3B | 213.8B | 224.4B | |
Short Long Term Debt Total | 1.1B | 1.3B | 1.2B | 8.4B | 37.6B | 39.4B | |
Other Current Liab | 22.4B | 26.7B | 33.9B | 1.8B | 110.0B | 115.5B | |
Total Current Liabilities | 23.1B | 27.3B | 34.6B | 3.5B | 110.2B | 115.7B | |
Total Stockholder Equity | 3.6B | 4.2B | 4.7B | 9.7B | 21.3B | 22.3B | |
Property Plant And Equipment Net | 1.2B | 1.3B | 1.2B | 10.0B | 11.0B | 11.5B | |
Net Debt | 507.2M | 886.1M | 856.6M | 666M | 3.0B | 3.2B | |
Retained Earnings | 3.7B | 3.9B | 4.4B | 5.4B | 16.7B | 17.6B | |
Cash | 376.7M | 362.0M | 337.8M | 5.5B | 908M | 777.8M | |
Non Current Assets Total | 9.9B | 15.9B | 23.8B | 21.1B | 177.6B | 186.5B | |
Non Currrent Assets Other | (9.9B) | (15.9B) | (23.8B) | (11.1B) | 129.4B | 135.9B | |
Other Assets | 28.3B | 29.2B | 15.7B | 87.7B | 35.3B | 22.5B | |
Cash And Short Term Investments | 1.5B | 4.7B | 18.7B | 518M | 908M | 862.6M | |
Common Stock Shares Outstanding | 11.1M | 10.1M | 9.8M | 15.5M | 14.5M | 11.9M | |
Liabilities And Stockholders Equity | 39.8B | 50.0B | 58.3B | 109.3B | 213.8B | 224.4B | |
Non Current Liabilities Total | 883.9M | 1.2B | 1.2B | 96.1B | 192.5B | 202.1B | |
Other Stockholder Equity | 28.8M | 1.4B | 349.8M | 4.1B | 4.1B | 4.3B | |
Total Liab | 883.9M | 1.2B | 1.2B | 99.6B | 192.5B | 202.1B | |
Property Plant And Equipment Gross | 1.2B | 1.3B | 2.4B | 11.2B | 12.4B | 13.0B | |
Total Current Assets | 1.6B | 4.9B | 18.8B | 518M | 908M | 862.6M | |
Short Term Debt | 754.6M | 664.4M | 684.7M | 1.8B | 1.0B | 633.5M | |
Accumulated Other Comprehensive Income | (126.7M) | 12.3M | 9.8M | (735M) | (491M) | (466.5M) | |
Common Stock Total Equity | 11.6M | 10.6M | 9.8M | 15M | 17.3M | 11.9M | |
Common Stock | 11.6M | 10.6M | 9.8M | 15M | 17.3M | 12.1M | |
Other Liab | 403.5M | 2.3B | 381.3M | 1.4B | 1.6B | 1.7B | |
Accounts Payable | 34.4B | 43.4B | 51.4B | 995M | 137M | 130.2M | |
Long Term Debt | 311.7M | 593.0M | 1.2B | 6.6B | 37.2B | 39.0B | |
Short Term Investments | 1.1B | 4.3B | 18.3B | 9.0B | 84M | 79.8M | |
Inventory | (1.7B) | (4.9B) | (10.5B) | (9.2B) | (4.2B) | (4.0B) | |
Property Plant Equipment | 1.2B | 1.3B | 1.2B | 8.2B | 9.4B | 9.8B | |
Good Will | 349.4M | 350.3M | 346.1M | 346M | 397.9M | 417.8M | |
Other Current Assets | 1.7B | 4.9B | 10.5B | 6.3B | 36.2B | 38.0B | |
Intangible Assets | 68.3M | 50.8M | 43.1M | 165M | 337M | 353.9M | |
Net Receivables | 123.2M | 145.7M | 134.2M | 2.9B | 3.2B | 3.4B | |
Net Tangible Assets | 3.2B | 3.5B | 4.0B | 8.3B | 9.5B | 10.0B | |
Retained Earnings Total Equity | 3.7B | 3.9B | 4.4B | 5.4B | 6.2B | 3.2B | |
Long Term Debt Total | 311.7M | 593.0M | 549.7M | 6.6B | 7.6B | 8.0B | |
Long Term Investments | 35.9B | 42.6B | 22.2B | 60M | 32.2B | 23.7B |
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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 Citizens BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Citizens' 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 Citizens Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Citizens Bancshares Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 Citizens. 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 Citizens 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 (0.14) | Dividend Share 6.56 | Earnings Share 174.65 | Revenue Per Share 646.115 | Quarterly Revenue Growth (0.03) |
The market value of First Citizens BancShares 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 Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' 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 Citizens' market value can be influenced by many factors that don't directly affect First Citizens' 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 Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Citizens' 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.