First Non Currrent Assets Other 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 Non Currrent Assets Other 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.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other 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 Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between First Financial's Non Currrent Assets Other and Total Assets is -0.78. Overlapping area represents the amount of variation of Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other i.e., First Financial's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 Income240.9M335.2M409.3M429.7M
Other Operating Expenses382.7M373.6M387.4M406.8M

First Financial fundamental ratios Correlations

0.810.67-0.440.080.840.650.520.660.30.3-0.650.080.750.22-0.550.80.480.320.41-0.050.82-0.450.760.930.61
0.810.76-0.650.480.980.930.350.960.70.72-0.78-0.280.520.67-0.571.00.85-0.040.49-0.080.71-0.60.960.840.9
0.670.76-0.360.260.740.70.790.730.420.5-0.530.040.390.5-0.380.760.620.140.86-0.360.54-0.280.720.650.53
-0.44-0.65-0.36-0.34-0.68-0.62-0.02-0.66-0.55-0.530.820.72-0.35-0.540.11-0.64-0.580.55-0.110.05-0.570.9-0.75-0.67-0.77
0.080.480.26-0.340.410.7-0.350.660.930.88-0.15-0.6-0.440.89-0.410.490.82-0.590.370.4-0.13-0.270.490.140.62
0.840.980.74-0.680.410.890.370.90.620.67-0.8-0.250.570.6-0.480.970.79-0.030.42-0.090.71-0.610.980.90.85
0.650.930.7-0.620.70.890.170.980.870.87-0.62-0.430.260.84-0.670.940.97-0.240.530.00.5-0.580.910.690.91
0.520.350.79-0.02-0.350.370.170.21-0.22-0.08-0.280.460.52-0.09-0.050.340.040.490.64-0.580.450.00.30.440.02
0.660.960.73-0.660.660.90.980.210.850.86-0.72-0.460.30.83-0.590.960.95-0.250.54-0.050.57-0.620.920.710.94
0.30.70.42-0.550.930.620.87-0.220.850.92-0.42-0.62-0.140.93-0.530.710.93-0.50.420.30.19-0.460.70.390.82
0.30.720.5-0.530.880.670.87-0.080.860.92-0.43-0.64-0.190.98-0.420.730.97-0.560.39-0.020.09-0.470.740.390.81
-0.65-0.78-0.530.82-0.15-0.8-0.62-0.28-0.72-0.42-0.430.41-0.64-0.40.14-0.78-0.520.16-0.190.2-0.780.76-0.79-0.78-0.77
0.08-0.280.040.72-0.6-0.25-0.430.46-0.46-0.62-0.640.410.29-0.660.06-0.28-0.550.940.08-0.04-0.010.75-0.35-0.09-0.61
0.750.520.39-0.35-0.440.570.260.520.3-0.14-0.19-0.640.29-0.25-0.270.510.020.550.08-0.180.89-0.360.480.730.31
0.220.670.5-0.540.890.60.84-0.090.830.930.98-0.4-0.66-0.25-0.370.680.94-0.610.430.00.09-0.450.690.330.79
-0.55-0.57-0.380.11-0.41-0.48-0.67-0.05-0.59-0.53-0.420.140.06-0.27-0.37-0.58-0.58-0.13-0.42-0.25-0.40.29-0.44-0.36-0.55
0.81.00.76-0.640.490.970.940.340.960.710.73-0.78-0.280.510.68-0.580.86-0.040.5-0.070.71-0.60.960.830.91
0.480.850.62-0.580.820.790.970.040.950.930.97-0.52-0.550.020.94-0.580.86-0.410.490.010.3-0.530.840.550.88
0.32-0.040.140.55-0.59-0.03-0.240.49-0.25-0.5-0.560.160.940.55-0.61-0.13-0.04-0.410.1-0.020.290.54-0.150.13-0.38
0.410.490.86-0.110.370.420.530.640.540.420.39-0.190.080.080.43-0.420.50.490.1-0.070.28-0.070.420.320.31
-0.05-0.08-0.360.050.4-0.090.0-0.58-0.050.3-0.020.2-0.04-0.180.0-0.25-0.070.01-0.02-0.07-0.090.09-0.08-0.090.03
0.820.710.54-0.57-0.130.710.50.450.570.190.09-0.78-0.010.890.09-0.40.710.30.290.28-0.09-0.590.640.810.61
-0.45-0.6-0.280.9-0.27-0.61-0.580.0-0.62-0.46-0.470.760.75-0.36-0.450.29-0.6-0.530.54-0.070.09-0.59-0.64-0.56-0.77
0.760.960.72-0.750.490.980.910.30.920.70.74-0.79-0.350.480.69-0.440.960.84-0.150.42-0.080.64-0.640.870.88
0.930.840.65-0.670.140.90.690.440.710.390.39-0.78-0.090.730.33-0.360.830.550.130.32-0.090.81-0.560.870.69
0.610.90.53-0.770.620.850.910.020.940.820.81-0.77-0.610.310.79-0.550.910.88-0.380.310.030.61-0.770.880.69
Click cells to compare fundamentals

First Financial Account Relationship Matchups

First Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding98.9M98.1M95.9M94.6M95.1M56.2M
Total Assets14.5B16.0B16.3B17.0B17.5B18.4B
Short Long Term Debt Total1.6B776.2M654.8M1.6B1.3B1.3B
Other Current Liab(1.5B)(516.3M)(737.2M)(1.9B)(937.8M)(890.9M)
Total Current Liabilities1.5B516.3M737.2M1.9B9.7B10.2B
Total Stockholder Equity2.2B2.3B2.3B2.0B2.3B2.4B
Property Plant And Equipment Net214.5M207.2M266.9M280.8M348.0M365.4M
Net Debt1.3B524.8M220.0M1.0B275.9M284.0M
Retained Earnings711.2M720.4M837.5M968.2M1.1B1.2B
Cash257.6M251.4M434.8M595.7M1.0B1.1B
Non Current Assets Total4.3B4.9B5.8B5.0B18.7B19.6B
Non Currrent Assets Other(4.3B)(4.9B)(5.8B)(5.0B)(2.8B)(2.7B)
Other Assets6.2B6.3B4.9B6.5B(1.3B)(1.3B)
Cash And Short Term Investments3.1B3.7B4.6B4.0B191.5M181.9M
Liabilities And Stockholders Equity14.5B16.0B16.3B17.0B17.5B18.4B
Non Current Liabilities Total414.4M776.2M409.8M1.9B5.4B5.7B
Other Stockholder Equity(117.6M)(126.0M)(218.5M)(202.8M)(197.9M)(188.0M)
Total Liab12.3B13.7B14.1B15.0B15.3B16.0B
Property Plant And Equipment Gross214.5M207.2M266.9M280.8M477.3M501.1M
Total Current Assets3.9B4.8B5.7B5.5B191.5M181.9M
Short Term Debt1.2B193.5M245M1.3B937.8M984.7M
Accounts Payable323.1M516.3M492.2M626.9M721.0M710.2M
Net Receivables836.2M1.1B1.1B1.5B462.5M341.3M
Accumulated Other Comprehensive Income13.3M48.7M(433K)(358.7M)(309.8M)(294.3M)
Other Current Assets299.3M303.5M479.6M659.6M1.1B1.0B
Common Stock Total Equity1.6B1.6B1.6B1.6B1.9B2.0B
Common Stock1.6B1.6B1.6B1.6B1.6B828.5M
Other Liab245.0M438.0M398.0M448.4M515.6M541.4M
Long Term Debt413.2M776.2M409.8M346.7M342.5M275.5M
Short Term Investments2.9B3.4B4.2B3.4B(814.6M)(773.8M)
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 Assets76.2M64.6M88.9M93.9M83.9M88.1M
Property Plant Equipment214.5M207.2M73.9M91.7M105.5M124.5M
Retained Earnings Total Equity711.2M720.4M837.5M968.2M1.1B564.8M
Net Tangible Assets1.2B1.3B1.2B945.9M1.1B1.0B
Long Term Investments9.4B13.5B4.4B3.6B3.2B3.1B
Non Current Liabilities Other323.1M516.3M492.2M626.9M721.0M757.0M
Short Long Term Debt1.2B0.0245M1.3B937.8M769.0M

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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 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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.