First Change To Netincome vs Depreciation Analysis

FNLC Stock  USD 29.36  0.06  0.20%   
First Bancorp financial indicator trend analysis is much more than just examining First Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancorp is a good investment. Please check the relationship between First Bancorp Change To Netincome and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First 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 economic analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancorp Change To Netincome account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Bancorp's Change To Netincome and Depreciation is -0.56. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of First Bancorp, assuming nothing else is changed. The correlation between historical values of First Bancorp's Change To Netincome and Depreciation 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 Netincome of First Bancorp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., First Bancorp's Change To Netincome and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Netincome

Depreciation

Depreciation indicates how much of First Bancorp value has been used up. For tax purposes First Bancorp can deduct the cost of the tangible assets it purchases as business expenses. However, First Bancorp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from First Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First 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 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 economic analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bancorp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 307.3 M, whereas Selling General Administrative is forecasted to decline to about 13.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense10.8M16.9M63.0M66.1M
Depreciation And Amortization2.1M2.1M26K24.7K

First Bancorp fundamental ratios Correlations

-0.390.760.71-0.491.00.510.71-0.57-0.20.510.96-0.630.680.730.670.720.91-0.16-0.630.37-0.430.720.980.22-0.27
-0.390.060.180.98-0.46-0.1-0.640.790.590.19-0.53-0.40.36-0.720.28-0.25-0.550.7-0.41-0.210.870.08-0.570.27-0.03
0.760.060.94-0.070.740.620.22-0.180.140.780.62-0.770.820.250.940.420.60.02-0.760.440.020.890.660.27-0.5
0.710.180.940.060.680.570.2-0.060.240.770.56-0.820.870.250.930.390.620.13-0.820.450.050.870.590.49-0.42
-0.490.98-0.070.06-0.55-0.3-0.640.810.550.07-0.6-0.330.28-0.70.17-0.24-0.620.73-0.33-0.280.84-0.07-0.650.250.15
1.0-0.460.740.68-0.550.490.72-0.59-0.210.480.96-0.570.620.770.630.710.93-0.23-0.570.41-0.470.690.990.18-0.27
0.51-0.10.620.57-0.30.490.09-0.230.090.580.43-0.250.30.010.45-0.040.45-0.32-0.250.39-0.020.70.470.01-0.88
0.71-0.640.220.2-0.640.720.09-0.72-0.590.00.82-0.230.240.840.140.680.73-0.25-0.22-0.15-0.720.270.790.150.27
-0.570.79-0.18-0.060.81-0.59-0.23-0.720.67-0.17-0.68-0.090.05-0.660.02-0.47-0.560.44-0.1-0.010.77-0.21-0.680.150.0
-0.20.590.140.240.55-0.210.09-0.590.670.3-0.35-0.160.2-0.420.3-0.29-0.20.17-0.160.350.690.15-0.310.07-0.35
0.510.190.780.770.070.480.580.0-0.170.30.37-0.570.67-0.030.780.230.330.12-0.570.290.190.680.410.09-0.51
0.96-0.530.620.56-0.60.960.430.82-0.68-0.350.37-0.480.520.830.50.80.88-0.29-0.480.24-0.520.660.980.1-0.17
-0.63-0.4-0.77-0.82-0.33-0.57-0.25-0.23-0.09-0.16-0.57-0.48-0.99-0.16-0.86-0.49-0.45-0.51.0-0.12-0.17-0.66-0.48-0.540.1
0.680.360.820.870.280.620.30.240.050.20.670.52-0.990.180.910.510.490.46-0.990.170.170.710.530.5-0.15
0.73-0.720.250.25-0.70.770.010.84-0.66-0.42-0.030.83-0.160.180.150.740.81-0.41-0.150.27-0.710.290.810.130.18
0.670.280.940.930.170.630.450.140.020.30.780.5-0.860.910.150.440.470.28-0.860.330.20.80.530.33-0.34
0.72-0.250.420.39-0.240.71-0.040.68-0.47-0.290.230.8-0.490.510.740.440.520.0-0.49-0.05-0.230.50.710.00.21
0.91-0.550.60.62-0.620.930.450.73-0.56-0.20.330.88-0.450.490.810.470.52-0.31-0.450.53-0.630.550.930.38-0.22
-0.160.70.020.130.73-0.23-0.32-0.250.440.170.12-0.29-0.50.46-0.410.280.0-0.31-0.5-0.340.4-0.14-0.290.440.4
-0.63-0.41-0.76-0.82-0.33-0.57-0.25-0.22-0.1-0.16-0.57-0.481.0-0.99-0.15-0.86-0.49-0.45-0.5-0.13-0.18-0.66-0.48-0.540.1
0.37-0.210.440.45-0.280.410.39-0.15-0.010.350.290.24-0.120.170.270.33-0.050.53-0.34-0.13-0.140.310.360.19-0.56
-0.430.870.020.050.84-0.47-0.02-0.720.770.690.19-0.52-0.170.17-0.710.2-0.23-0.630.4-0.18-0.140.1-0.58-0.18-0.22
0.720.080.890.87-0.070.690.70.27-0.210.150.680.66-0.660.710.290.80.50.55-0.14-0.660.310.10.630.19-0.56
0.98-0.570.660.59-0.650.990.470.79-0.68-0.310.410.98-0.480.530.810.530.710.93-0.29-0.480.36-0.580.630.14-0.22
0.220.270.270.490.250.180.010.150.150.070.090.1-0.540.50.130.330.00.380.44-0.540.19-0.180.190.140.18
-0.27-0.03-0.5-0.420.15-0.27-0.880.270.0-0.35-0.51-0.170.1-0.150.18-0.340.21-0.220.40.1-0.56-0.22-0.56-0.220.18
Click cells to compare fundamentals

First Bancorp Account Relationship Matchups

First Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.4B2.5B2.7B2.9B3.1B
Short Long Term Debt Total185.0M262.0M136.3M103.6M20.1M19.1M
Total Stockholder Equity212.5M223.7M245.7M228.9M243.1M135.0M
Property Plant And Equipment Net21.3M27.3M28.9M28.3M28.7M18.2M
Net Debt159.2M179.7M49.0M77.1M(15.4M)(14.6M)
Retained Earnings144.8M158.4M180.4M204.3M211.9M222.5M
Cash25.7M82.4M87.3M26.4M35.4M23.8M
Non Current Assets Total693.2M736.9M750.2M737.3M3.6B3.8B
Non Currrent Assets Other(3.7M)(6.7M)(5.6M)(17.8M)(726.6M)(690.3M)
Other Assets982.1M1.2B1.4B1.7B(944.3M)(897.0M)
Cash And Short Term Investments386.3M395.7M407.9M310.9M311.1M155.7M
Net Receivables7.2M9.3M7.5M9.8M11.9M12.5M
Common Stock Shares Outstanding10.9M10.9M11.0M11.0M11.1M10.5M
Liabilities And Stockholders Equity2.1B2.4B2.5B2.7B2.9B3.1B
Non Current Liabilities Total185.0M262.0M136.3M2.5B2.7B2.8B
Other Stockholder Equity64.0M65.3M66.8M68.4M70.1M41.3M
Total Liab1.9B2.1B136.3M2.5B2.7B2.8B
Property Plant And Equipment Gross21.3M27.3M50.4M50.8M51.6M54.2M
Total Current Assets393.4M405.0M415.4M320.8M311.1M610.2M
Accumulated Other Comprehensive Income3.6M(28K)(1.7M)(44.0M)(39.0M)(37.1M)
Total Current Liabilities174.9M206.9M1.3B1.8B49.7M47.2M
Short Term Debt174.9M206.9M81.3M103.5M20.1M19.1M
Other Liab19.2M30.9M21.8M22.2M25.6M14.7M
Accounts Payable1.7B1.8B2.1B2.4B2.7B2.9B
Long Term Debt10.1M55.1M136.3M103.5M119.0M98.4M
Inventory(33.2M)(92.6M)(94.9M)(36.3M)18.9M19.8M
Property Plant Equipment21.3M27.3M28.9M28.3M32.5M20.3M
Short Term Investments360.5M313.4M320.6M284.5M(655.7M)(622.9M)
Other Current Assets33.2M92.6M94.9M36.3M47.3M45.0M
Intangible Assets1.5M2.0M2.7M2.5M2.2M2.1M
Other Current Liab(174.9M)(206.9M)1.2B1.7B(20.1M)(19.1M)
Net Tangible Assets182.7M193.1M215.0M198.3M228.0M165.3M
Retained Earnings Total Equity144.8M158.4M180.4M204.3M235.0M136.3M
Long Term Debt Total10.1M55.1M55.1M84K75.6K71.8K
Capital Surpluse64.0M65.3M66.8M68.4M78.7M64.7M
Long Term Investments1.9B684.8M690.6M678.4M667.3M888.3M

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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 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 Bancorp'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 Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First 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 economic analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 Bancorp. 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 Bancorp 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
0.015
Dividend Share
1.42
Earnings Share
2.38
Revenue Per Share
7.084
Quarterly Revenue Growth
0.056
The market value of First 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 Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp'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 Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp'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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp'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.