First Cash And Short Term Investments vs Total Assets Analysis
FFBC Stock | USD 29.86 0.50 1.70% |
First Financial financial indicator trend analysis is much more than just examining First Financial Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Financial Bancorp is a good investment. Please check the relationship between First Financial Cash And Short Term Investments and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade First Stock refer to our How to Trade First Stock guide.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Financial Bancorp Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between First Financial's Cash And Short Term Investments and Total Assets is 0.52. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of First Financial Bancorp, assuming nothing else is changed. The correlation between historical values of First Financial's Cash And Short Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of First Financial Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., First Financial's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of First Financial Bancorp balance sheet. This account contains First Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by First Financial Bancorp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Assets
Total assets refers to the total amount of First Financial 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 Financial Bancorp 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.Most indicators from First Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Financial Bancorp 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 Financial Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Financial's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.36, whereas Tax Provision is forecasted to decline to about 40.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 240.9M | 335.2M | 409.3M | 429.7M | Other Operating Expenses | 382.7M | 373.6M | 387.4M | 406.8M |
First Financial fundamental ratios Correlations
Click cells to compare fundamentals
First Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 98.9M | 98.1M | 95.9M | 94.6M | 95.1M | 56.2M | |
Total Assets | 14.5B | 16.0B | 16.3B | 17.0B | 17.5B | 18.4B | |
Short Long Term Debt Total | 1.6B | 776.2M | 654.8M | 1.6B | 1.3B | 1.3B | |
Other Current Liab | (1.5B) | (516.3M) | (737.2M) | (1.9B) | (937.8M) | (890.9M) | |
Total Current Liabilities | 1.5B | 516.3M | 737.2M | 1.9B | 9.7B | 10.2B | |
Total Stockholder Equity | 2.2B | 2.3B | 2.3B | 2.0B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 214.5M | 207.2M | 266.9M | 280.8M | 348.0M | 365.4M | |
Net Debt | 1.3B | 524.8M | 220.0M | 1.0B | 275.9M | 284.0M | |
Retained Earnings | 711.2M | 720.4M | 837.5M | 968.2M | 1.1B | 1.2B | |
Cash | 257.6M | 251.4M | 434.8M | 595.7M | 1.0B | 1.1B | |
Non Current Assets Total | 4.3B | 4.9B | 5.8B | 5.0B | 20.5B | 21.5B | |
Non Currrent Assets Other | (4.3B) | (4.9B) | (5.8B) | (5.0B) | (4.7B) | (4.4B) | |
Other Assets | 6.2B | 6.3B | 4.9B | 6.5B | (3.2B) | (3.0B) | |
Cash And Short Term Investments | 3.1B | 3.7B | 4.6B | 4.0B | 191.5M | 181.9M | |
Liabilities And Stockholders Equity | 14.5B | 16.0B | 16.3B | 17.0B | 17.5B | 18.4B | |
Non Current Liabilities Total | 414.4M | 776.2M | 409.8M | 1.9B | 5.5B | 5.8B | |
Other Stockholder Equity | (117.6M) | (126.0M) | (218.5M) | (202.8M) | (197.9M) | (188.0M) | |
Total Liab | 12.3B | 13.7B | 14.1B | 15.0B | 15.3B | 16.0B | |
Property Plant And Equipment Gross | 214.5M | 207.2M | 266.9M | 280.8M | 477.3M | 501.1M | |
Total Current Assets | 3.9B | 4.8B | 5.7B | 5.5B | 191.5M | 181.9M | |
Short Term Debt | 1.2B | 193.5M | 245M | 1.3B | 937.8M | 984.7M | |
Accounts Payable | 323.1M | 516.3M | 492.2M | 626.9M | 721.0M | 710.2M | |
Net Receivables | 836.2M | 1.1B | 1.1B | 1.5B | 462.5M | 341.3M | |
Accumulated Other Comprehensive Income | 13.3M | 48.7M | (433K) | (358.7M) | (309.8M) | (294.3M) | |
Other Current Assets | 299.3M | 303.5M | 479.6M | 659.6M | 1.1B | 1.0B | |
Common Stock Total Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.9B | 2.0B | |
Common Stock | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 828.5M | |
Other Liab | 245.0M | 438.0M | 398.0M | 448.4M | 515.6M | 541.4M | |
Long Term Debt | 413.2M | 776.2M | 409.8M | 346.7M | 342.5M | 275.5M | |
Short Term Investments | 2.9B | 3.4B | 4.2B | 3.4B | (1.8B) | (1.8B) | |
Inventory | (299.3M) | (303.5M) | (479.6M) | (659.6M) | (249.4M) | (236.9M) | |
Treasury Stock | (117.6M) | (126.0M) | (218.5M) | (202.8M) | (182.5M) | (191.7M) | |
Intangible Assets | 76.2M | 64.6M | 88.9M | 93.9M | 83.9M | 88.1M | |
Property Plant Equipment | 214.5M | 207.2M | 73.9M | 91.7M | 105.5M | 124.5M | |
Retained Earnings Total Equity | 711.2M | 720.4M | 837.5M | 968.2M | 1.1B | 564.8M | |
Net Tangible Assets | 1.2B | 1.3B | 1.2B | 945.9M | 1.1B | 1.0B | |
Long Term Investments | 9.4B | 13.5B | 4.4B | 3.6B | 3.2B | 3.1B | |
Non Current Liabilities Other | 323.1M | 516.3M | 492.2M | 626.9M | 721.0M | 757.0M | |
Short Long Term Debt | 1.2B | 0.0 | 245M | 1.3B | 937.8M | 769.0M |
Also Currently Popular
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 Financial Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial'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 Financial Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 (0.17) | Dividend Share 0.93 | Earnings Share 2.32 | Revenue Per Share 8.096 | Quarterly Revenue Growth (0.05) |
The market value of First Financial Bancorp 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.