First Other Current Assets vs Accounts Payable Analysis
FNWB Stock | USD 11.69 0.29 2.54% |
First Northwest financial indicator trend analysis is much more than just examining First Northwest Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Northwest Bancorp is a good investment. Please check the relationship between First Northwest Other Current Assets and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest 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 housing.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Northwest Bancorp Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Northwest's Other Current Assets and Accounts Payable is -0.29. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of First Northwest Bancorp, assuming nothing else is changed. The correlation between historical values of First Northwest's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of First Northwest Bancorp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., First Northwest's Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Accounts Payable
An accounting item on the balance sheet that represents First Northwest obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Northwest Bancorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from First Northwest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Northwest 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 Northwest 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 housing. At present, First Northwest'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 Over EBITDA is expected to grow to 83.20, whereas Selling General Administrative is forecasted to decline to about 23.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 73.9M | 80.2M | 64.1M | 45.8M | Total Revenue | 73.9M | 80.2M | 64.1M | 45.8M |
First Northwest fundamental ratios Correlations
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First Northwest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Northwest fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 9.9M | 9.4M | 9.2M | 9.1M | 8.9M | 8.9M | |
Total Assets | 1.3B | 1.7B | 1.9B | 2.0B | 2.2B | 1.4B | |
Short Long Term Debt Total | 175.9M | 170.0M | 119.3M | 285.4M | 320.9M | 184.2M | |
Other Current Liab | (63.3M) | (60.0M) | (393K) | (166.5M) | (204.9M) | (194.7M) | |
Total Current Liabilities | 63.3M | 60.0M | 393K | 166.5M | 1.0B | 1.1B | |
Total Stockholder Equity | 176.9M | 186.4M | 191.0M | 161.6M | 163.3M | 166.1M | |
Property Plant And Equipment Net | 14.3M | 14.8M | 19.8M | 18.1M | 24.1M | 16.5M | |
Net Debt | 64.2M | 44.8M | (6.7M) | 239.8M | 197.8M | 112.8M | |
Retained Earnings | 86.2M | 92.7M | 103.0M | 114.4M | 107.3M | 94.1M | |
Accounts Payable | 373K | 53K | 393K | 455K | 3.4M | 3.6M | |
Cash | 48.7M | 65.2M | 126.0M | 45.6M | 123.2M | 129.3M | |
Non Current Assets Total | 330.8M | 381.2M | 372.1M | 363.9M | 2.4B | 2.5B | |
Non Currrent Assets Other | (330.8M) | (381.2M) | (372.1M) | (14.1M) | (352.4M) | (370.0M) | |
Other Assets | 608.3M | 836.7M | 1.1B | 1.3B | (646.8M) | (614.4M) | |
Cash And Short Term Investments | 364.3M | 429.5M | 470.2M | 372.2M | 315.5M | 330.7M | |
Net Receivables | 3.9M | 7.0M | 5.3M | 6.7M | 7.9M | 4.4M | |
Liabilities And Stockholders Equity | 1.3B | 1.7B | 1.9B | 2.0B | 2.2B | 1.4B | |
Other Current Assets | 52.8M | 72.1M | 131.3M | 52.3M | 131.1M | 130.0M | |
Total Liab | 1.1B | 1.5B | 1.7B | 1.9B | 2.0B | 1.2B | |
Property Plant And Equipment Gross | 14.3M | 14.8M | 35.6M | 34.8M | 35.6M | 19.8M | |
Total Current Assets | 368.3M | 436.4M | 475.5M | 378.9M | 446.5M | 320.7M | |
Accumulated Other Comprehensive Income | (1.5M) | 5.4M | 288K | (40.5M) | (39.9M) | (37.9M) | |
Intangible Assets | 871K | 2.1M | 3.3M | 3.9M | 3.8M | 2.1M | |
Short Term Investments | 315.6M | 364.3M | 344.2M | 326.6M | 295.6M | 305.9M | |
Long Term Debt | 112.9M | 110.0M | 119.3M | 285.4M | 119.4M | 133.4M | |
Inventory | (52.8M) | (72.1M) | (131.3M) | (52.3M) | (131.1M) | (124.5M) | |
Property Plant Equipment | 14.3M | 18.7M | 19.8M | 18.1M | 20.8M | 16.3M | |
Net Tangible Assets | 176.9M | 186.4M | 189.8M | 160.5M | 184.6M | 187.2M | |
Other Stockholder Equity | 92.1M | 88.2M | 87.6M | 87.6M | 95.8M | 86.3M | |
Long Term Investments | 1.2B | 364.3M | 344.2M | 340.9M | 310.4M | 479.1M | |
Short Long Term Debt | 62.9M | 60.0M | 0.0 | 166M | 201.5M | 106.4M | |
Short Term Debt | 62.9M | 60.0M | 831K | 166M | 201.5M | 211.6M | |
Common Stock | 107K | 102K | 100K | 97K | 96K | 91.1K | |
Common Stock Total Equity | 107K | 102K | 100K | 97K | 87.3K | 91.1K | |
Retained Earnings Total Equity | 86.2M | 92.7M | 103.0M | 114.4M | 131.6M | 97.2M |
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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 Northwest 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 Northwest'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 Northwest Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Northwest Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest 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 housing. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 Northwest. 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 Northwest 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 (0.19) | Dividend Share 0.28 | Earnings Share (1.04) | Revenue Per Share 5.743 | Quarterly Revenue Growth (0.28) |
The market value of First Northwest 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 Northwest's value that differs from its market value or its book value, called intrinsic value, which is First Northwest'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 Northwest's market value can be influenced by many factors that don't directly affect First Northwest'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 Northwest's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Northwest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Northwest'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.