First Total Current Assets vs Total Current Liabilities Analysis

FLIC Stock  USD 14.96  0.54  3.74%   
First Of financial indicator trend analysis is much more than just examining First of Long latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First of Long is a good investment. Please check the relationship between First Of Total Current Assets and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First of Long. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First of Long Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Of's Total Current Assets and Total Current Liabilities is -0.29. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of First of Long, assuming nothing else is changed. The correlation between historical values of First Of's Total Current Assets and Total Current 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 Total Current Assets of First of Long are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., First Of's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Current Liabilities

Total Current Liabilities is an item on First Of balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First of Long are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from First Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First of Long 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 of Long. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current year's Enterprise Value is expected to grow to about 760.8 M, whereas Selling General Administrative is forecasted to decline to about 21.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense16.2M18.5M68.6M72.0M
Depreciation And Amortization8.7M6.3M5.8M6.0M

First Of fundamental ratios Correlations

0.980.950.660.930.250.490.330.230.270.710.841.00.740.530.960.87-0.5-0.010.350.840.690.330.70.4-0.22
0.980.950.560.930.310.470.290.220.270.740.850.980.710.610.950.87-0.50.060.340.880.590.30.580.36-0.3
0.950.950.470.970.330.610.460.030.110.660.70.950.830.570.910.77-0.59-0.050.190.720.50.410.60.5-0.38
0.660.560.470.45-0.340.260.190.340.180.460.670.670.41-0.010.650.58-0.11-0.170.430.560.930.310.830.310.21
0.930.930.970.450.270.680.54-0.050.040.570.630.930.870.50.880.71-0.550.050.20.680.450.490.570.57-0.38
0.250.310.33-0.340.270.060.010.020.160.330.260.240.160.480.270.31-0.36-0.16-0.190.22-0.14-0.07-0.04-0.03-0.29
0.490.470.610.260.680.060.97-0.7-0.580.210.180.490.94-0.030.530.17-0.4-0.11-0.20.10.090.950.330.97-0.47
0.330.290.460.190.540.010.97-0.77-0.660.050.00.330.87-0.220.380.01-0.38-0.17-0.31-0.10.010.960.30.98-0.4
0.230.220.030.34-0.050.02-0.7-0.770.840.230.440.24-0.450.260.160.460.080.060.570.520.52-0.730.29-0.690.46
0.270.270.110.180.040.16-0.58-0.660.840.270.420.27-0.340.390.170.430.080.150.420.530.38-0.640.17-0.60.21
0.710.740.660.460.570.330.210.050.230.270.90.70.380.70.810.84-0.580.01-0.120.730.540.090.410.07-0.38
0.840.850.70.670.630.260.180.00.440.420.90.830.40.580.880.92-0.39-0.080.280.860.750.090.580.09-0.19
1.00.980.950.670.930.240.490.330.240.270.70.830.740.520.960.86-0.5-0.020.350.830.70.340.710.41-0.21
0.740.710.830.410.870.160.940.87-0.45-0.340.380.40.740.140.740.43-0.51-0.13-0.010.360.30.840.520.89-0.43
0.530.610.57-0.010.50.48-0.03-0.220.260.390.70.580.520.140.490.63-0.310.20.010.620.16-0.290.03-0.26-0.4
0.960.950.910.650.880.270.530.380.160.170.810.880.960.740.490.89-0.6-0.020.190.80.660.410.670.45-0.24
0.870.870.770.580.710.310.170.010.460.430.840.920.860.430.630.89-0.510.050.320.930.730.030.660.07-0.11
-0.5-0.5-0.59-0.11-0.55-0.36-0.4-0.380.080.08-0.58-0.39-0.5-0.51-0.31-0.6-0.510.030.39-0.35-0.14-0.3-0.32-0.330.25
-0.010.06-0.05-0.170.05-0.16-0.11-0.170.060.150.01-0.08-0.02-0.130.2-0.020.050.03-0.020.22-0.23-0.17-0.31-0.180.05
0.350.340.190.430.2-0.19-0.2-0.310.570.42-0.120.280.35-0.010.010.190.320.39-0.020.490.47-0.220.35-0.150.39
0.840.880.720.560.680.220.1-0.10.520.530.730.860.830.360.620.80.93-0.350.220.490.67-0.030.540.01-0.11
0.690.590.50.930.45-0.140.090.010.520.380.540.750.70.30.160.660.73-0.14-0.230.470.670.10.90.120.19
0.330.30.410.310.49-0.070.950.96-0.73-0.640.090.090.340.84-0.290.410.03-0.3-0.17-0.22-0.030.10.310.99-0.34
0.70.580.60.830.57-0.040.330.30.290.170.410.580.710.520.030.670.66-0.32-0.310.350.540.90.310.370.13
0.40.360.50.310.57-0.030.970.98-0.69-0.60.070.090.410.89-0.260.450.07-0.33-0.18-0.150.010.120.990.37-0.33
-0.22-0.3-0.380.21-0.38-0.29-0.47-0.40.460.21-0.38-0.19-0.21-0.43-0.4-0.24-0.110.250.050.39-0.110.19-0.340.13-0.33
Click cells to compare fundamentals

First Of Account Relationship Matchups

First Of fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.1B4.1B4.3B4.2B4.4B
Total Stockholder Equity389.1M407.1M413.8M364.5M380.1M399.2M
Property Plant And Equipment Net54.4M51.0M46.0M55.6M54.0M56.7M
Net Debt504.4M108.0M278.9M362.7M506.6M531.9M
Retained Earnings274.4M295.6M320.3M348.6M355.9M373.7M
Cash39.0M211.2M43.7M74.2M60.9M49.7M
Non Current Assets Total751.9M713.8M780.3M729.0M4.2B4.4B
Non Currrent Assets Other(751.9M)(713.8M)(780.3M)(670K)3.4B3.6B
Other Assets2.6B2.5B2.5B2.8B(1.0)(0.95)
Cash And Short Term Investments736.5M873.9M778.0M747.6M60.9M57.8M
Common Stock Shares Outstanding24.8M23.9M23.8M23.0M22.6M22.8M
Liabilities And Stockholders Equity4.1B4.1B4.1B4.3B4.2B4.5B
Other Stockholder Equity111.7M105.5M93.5M78.5M79.7M83.7M
Total Liab3.7B3.7B3.7B3.9B3.9B4.0B
Property Plant And Equipment Gross54.4M51.0M46.0M55.6M103.9M109.1M
Total Current Assets736.5M873.9M778.0M747.6M60.9M57.8M
Accumulated Other Comprehensive Income595K3.6M(2.3M)(64.8M)(57.7M)(54.8M)
Common Stock Total Equity2.4M2.4M2.3M2.2M2.6M2.7M
Common Stock2.4M2.4M2.3M2.2M2.3M1.3M
Other Liab2.4M17.0M492K421K484.2K459.9K
Accounts Payable21.3M21.3M3.3B15.4M13.9M13.2M
Short Term Investments697.5M662.7M734.3M673.4M695.9M525.3M
Property Plant Equipment40.0M38.8M46.0M31.7M36.4M24.6M
Short Long Term Debt Total543.4M319.1M322.6M536M567.4M386.1M
Total Current Liabilities190.7M60.1M125M(113.4M)2.0B2.1B
Long Term Debt337.5M246.0M186.3M411M472.5M304.6M
Non Current Liabilities Total352.7M259.0M197.6M300M3.9B4.0B
Other Current Liab(190.7M)(50M)(125M)11.6M(461.0M)(438.0M)
Short Term Debt388.9M190.7M50M125M461.0M484.1M
Net Tangible Assets389.1M407.1M413.8M364.5M419.2M340.0M
Retained Earnings Total Equity274.4M295.6M320.3M348.6M400.9M232.6M
Long Term Debt Total337.5M246.0M186.3M411M472.7M334.9M
Capital Surpluse111.7M105.5M93.5M78.5M90.2M94.7M
Long Term Investments3.2B3.0B734.3M673.4M695.9M661.1M
Short Long Term Debt180M60.1M125M0.070M66.5M
Other Current Assets39.0M220.9M51.7M83.4M71.7M75.9M
Net Invested Capital906.6M703.1M725.1M775.5M922.6M709.3M

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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 of Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Of'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 Of Long Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Of Long Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First of Long. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 Of. 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 Of 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
(0.33)
Dividend Share
0.84
Earnings Share
0.87
Revenue Per Share
3.761
Quarterly Revenue Growth
(0.09)
The market value of First of Long 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 Of's value that differs from its market value or its book value, called intrinsic value, which is First Of'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 Of's market value can be influenced by many factors that don't directly affect First Of'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 Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Of'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.