First Cash vs Total Liab Analysis
FIBK Stock | USD 34.97 0.38 1.07% |
First Interstate financial indicator trend analysis is much more than just examining First Interstate Ban latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Interstate Ban is a good investment. Please check the relationship between First Interstate Cash and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. 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.
Cash vs Total Liab
Cash vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Interstate Ban Cash account and Total Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between First Interstate's Cash and Total Liab is 0.24. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Liab in the same time period over historical financial statements of First Interstate BancSystem, assuming nothing else is changed. The correlation between historical values of First Interstate's Cash and Total Liab 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 of First Interstate BancSystem are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash i.e., First Interstate's Cash and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of First Interstate Ban, which is listed under current asset account on First Interstate BancSystem balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First Interstate customers. The amounts must be unrestricted with restricted cash listed in a different First Interstate 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from First Interstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Interstate Ban 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 Interstate BancSystem. 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. At this time, First Interstate's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.76 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.27.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 17.3M | 78.9M | 656.8M | 689.6M | Depreciation And Amortization | 37.9M | 51M | 15.7M | 18.4M |
First Interstate fundamental ratios Correlations
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First Interstate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Interstate fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.6B | 17.6B | 19.7B | 32.3B | 30.7B | 32.2B | |
Short Long Term Debt Total | 798.5M | 1.3B | 1.3B | 3.7B | 2.9B | 3.0B | |
Total Current Liabilities | 141.7M | 150.2M | 152.1M | 460.4M | 16.7B | 17.5B | |
Total Stockholder Equity | 2.0B | 2.0B | 2.0B | 3.1B | 3.2B | 3.4B | |
Property Plant And Equipment Net | 306M | 312.3M | 299.6M | 444.7M | 444.3M | 234.0M | |
Net Debt | (976M) | (2.1B) | (2.1B) | 1.7B | 2.3B | 2.4B | |
Retained Earnings | 953.6M | 962.1M | 1.1B | 1.1B | 1.1B | 658.1M | |
Accounts Payable | 141.7M | 150.2M | 152.1M | 460.4M | 432.6M | 454.2M | |
Cash | 1.1B | 2.3B | 2.3B | 870.4M | 577.9M | 789.5M | |
Non Current Assets Total | 4.1B | 5.1B | 7.5B | 12.1B | 29.8B | 31.3B | |
Non Currrent Assets Other | (4.1B) | (5.1B) | (7.5B) | (238.5M) | 27.9B | 29.3B | |
Other Assets | 6.5B | 6.2B | 4.9B | 12.3B | 466.3M | 443.0M | |
Cash And Short Term Investments | 4.0B | 6.3B | 7.2B | 7.8B | 379M | 360.1M | |
Net Receivables | 46.7M | 51.1M | 47.4M | 118.3M | 129.1M | 135.6M | |
Good Will | 711.7M | 700.8M | 690.9M | 1.2B | 1.1B | 1.2B | |
Common Stock Shares Outstanding | 63.9M | 63.7M | 61.7M | 103.3M | 103.8M | 53.3M | |
Liabilities And Stockholders Equity | 14.6B | 17.6B | 19.7B | 32.3B | 30.7B | 32.2B | |
Non Current Liabilities Total | 127.5M | 226.6M | 208.7M | 460.4M | 27.4B | 28.8B | |
Other Current Assets | 1.1B | 2.3B | 2.4B | 1.0B | 723.6M | 687.4M | |
Other Stockholder Equity | 11M | 600K | (11M) | 11.5B | 13.2B | 13.8B | |
Total Liab | 12.6B | 15.7B | 17.7B | 29.2B | 27.4B | 28.8B | |
Property Plant And Equipment Gross | 306M | 312.3M | 495.8M | 666.9M | 673.5M | 707.2M | |
Total Current Assets | 4.1B | 6.3B | 7.2B | 7.9B | 379M | 360.1M | |
Accumulated Other Comprehensive Income | 11M | 56.6M | (11M) | (477.1M) | (356.5M) | (338.7M) | |
Short Term Debt | 697.7M | 1.1B | 1.1B | 3.4B | 2.6B | 2.7B | |
Intangible Assets | 30.2M | 24M | 28.2M | 31.1M | 109.7M | 115.2M | |
Short Term Investments | 3.0B | 4.0B | 4.8B | 6.9B | (198.9M) | (189.0M) | |
Common Stock | 1.0B | 941.1M | 945M | 2.5B | 2.4B | 2.6B | |
Other Liab | 26.7M | 30.9M | 165.2M | 16.2M | 14.6M | 13.9M | |
Long Term Debt | 102.7M | 100.8M | 199.4M | 2.6B | 283M | 336.8M | |
Inventory | (1.1B) | (2.3B) | (2.4B) | (1.0B) | 249.1M | 261.6M | |
Property Plant Equipment | 314.5M | 314.8M | 299.6M | 444.7M | 511.4M | 269.9M | |
Other Current Liab | (141.7M) | (150.2M) | (152.1M) | (460.4M) | (2.6B) | (2.5B) | |
Net Tangible Assets | 1.3B | 1.3B | 1.3B | 1.9B | 2.2B | 1.1B | |
Common Stock Total Equity | 1.0B | 941.1M | 945M | 2.5B | 2.8B | 3.0B | |
Retained Earnings Total Equity | 953.6M | 962.1M | 1.1B | 1.1B | 1.2B | 776.0M | |
Long Term Debt Total | 102.7M | 100.8M | 199.4M | 283.9M | 326.5M | 342.8M | |
Deferred Long Term Liab | 8.6M | 26.7M | 27.2M | 9.3M | 10.7M | 8.8M | |
Long Term Investments | 9.0B | 9.7B | 6.5B | 10.4B | 9.0B | 8.0B | |
Non Current Liabilities Other | 697.6M | 1.1B | 1.1B | 1.1B | 1.2B | 789.5M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. 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. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 Interstate. 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 Interstate 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 (0.23) | Dividend Share 1.88 | Earnings Share 2.28 | Revenue Per Share 9.226 | Quarterly Revenue Growth (0.09) |
The market value of First Interstate Ban 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 Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate'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 Interstate's market value can be influenced by many factors that don't directly affect First Interstate'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 Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate'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.