First Historical Balance Sheet

FR Stock  USD 53.75  1.06  2.01%   
Trend analysis of First Industrial Realty balance sheet accounts such as Total Stockholder Equity of 1.3 B provides information on First Industrial's total assets, liabilities, and equity, which is the actual value of First Industrial Realty to its prevalent stockholders. By breaking down trends over time using First Industrial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining First Industrial Realty latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Industrial Realty is a good buy for the upcoming year.

First Industrial Inventory

0.95

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About First Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of First Industrial Realty at a specified time, usually calculated after every quarter, six months, or one year. First Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Industrial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

First Industrial Balance Sheet Chart

At this time, First Industrial's Intangible Assets are relatively stable compared to the past year. As of 11/25/2024, Noncontrolling Interest In Consolidated Entity is likely to grow to about 109.9 M, while Short and Long Term Debt Total is likely to drop slightly above 1.5 B.

Total Assets

Total assets refers to the total amount of First Industrial 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 Industrial Realty 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most accounts from First Industrial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Industrial Realty current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, First Industrial's Intangible Assets are relatively stable compared to the past year. As of 11/25/2024, Noncontrolling Interest In Consolidated Entity is likely to grow to about 109.9 M, while Short and Long Term Debt Total is likely to drop slightly above 1.5 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.6B2.1B2.2B1.5B
Total Assets4.2B5.0B5.2B3.1B

First Industrial balance sheet Correlations

0.950.98-0.280.930.410.40.40.810.940.890.97-0.280.520.44-0.320.610.990.610.770.850.70.810.090.790.28
0.950.88-0.170.970.260.40.390.790.970.890.99-0.170.650.37-0.470.580.940.580.70.840.60.8-0.10.750.15
0.980.88-0.330.840.450.360.440.80.860.870.9-0.330.420.44-0.210.670.970.670.730.830.770.790.20.760.41
-0.28-0.17-0.33-0.15-0.15-0.49-0.09-0.44-0.1-0.32-0.21.0-0.03-0.540.05-0.2-0.23-0.2-0.59-0.4-0.51-0.41-0.11-0.13-0.2
0.930.970.84-0.150.220.410.240.770.950.840.99-0.150.670.4-0.510.40.930.40.690.830.50.78-0.140.710.05
0.410.260.45-0.150.220.150.35-0.110.270.030.32-0.15-0.340.020.610.450.430.450.64-0.070.24-0.140.80.760.07
0.40.40.36-0.490.410.15-0.390.440.360.480.4-0.490.630.09-0.46-0.010.37-0.010.650.490.150.45-0.260.210.29
0.40.390.44-0.090.240.35-0.390.210.410.330.35-0.09-0.220.230.260.890.370.890.220.170.650.20.360.540.14
0.810.790.8-0.440.77-0.110.440.210.760.950.78-0.440.70.55-0.640.430.770.430.520.980.721.0-0.30.330.42
0.940.970.86-0.10.950.270.360.410.760.870.97-0.10.650.33-0.460.590.920.590.680.780.60.77-0.110.770.2
0.890.890.87-0.320.840.030.480.330.950.870.86-0.320.740.44-0.610.590.850.590.590.950.750.96-0.260.50.47
0.970.990.9-0.20.990.320.40.350.780.970.86-0.20.610.43-0.420.530.960.530.750.830.60.78-0.040.780.13
-0.28-0.17-0.331.0-0.15-0.15-0.49-0.09-0.44-0.1-0.32-0.2-0.03-0.540.05-0.2-0.23-0.2-0.59-0.4-0.51-0.41-0.11-0.13-0.2
0.520.650.42-0.030.67-0.340.63-0.220.70.650.740.61-0.030.19-0.930.050.480.050.340.720.220.74-0.740.110.22
0.440.370.44-0.540.40.020.090.230.550.330.440.43-0.540.19-0.20.180.390.180.440.50.60.550.020.1-0.02
-0.32-0.47-0.210.05-0.510.61-0.460.26-0.64-0.46-0.61-0.420.05-0.93-0.20.11-0.270.11-0.12-0.64-0.11-0.680.90.15-0.08
0.610.580.67-0.20.40.45-0.010.890.430.590.590.53-0.20.050.180.110.581.00.440.40.750.420.320.650.43
0.990.940.97-0.230.930.430.370.370.770.920.850.96-0.230.480.39-0.270.580.580.730.830.630.770.140.80.24
0.610.580.67-0.20.40.45-0.010.890.430.590.590.53-0.20.050.180.111.00.580.440.40.750.420.320.650.43
0.770.70.73-0.590.690.640.650.220.520.680.590.75-0.590.340.44-0.120.440.730.440.550.520.510.210.750.11
0.850.840.83-0.40.83-0.070.490.170.980.780.950.83-0.40.720.5-0.640.40.830.40.550.650.98-0.280.390.36
0.70.60.77-0.510.50.240.150.650.720.60.750.6-0.510.220.6-0.110.750.630.750.520.650.70.140.470.59
0.810.80.79-0.410.78-0.140.450.21.00.770.960.78-0.410.740.55-0.680.420.770.420.510.980.7-0.350.310.41
0.09-0.10.2-0.11-0.140.8-0.260.36-0.3-0.11-0.26-0.04-0.11-0.740.020.90.320.140.320.21-0.280.14-0.350.450.05
0.790.750.76-0.130.710.760.210.540.330.770.50.78-0.130.110.10.150.650.80.650.750.390.470.310.450.07
0.280.150.41-0.20.050.070.290.140.420.20.470.13-0.20.22-0.02-0.080.430.240.430.110.360.590.410.050.07
Click cells to compare fundamentals

First Industrial Account Relationship Matchups

First Industrial balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.8B4.2B5.0B5.2B3.1B
Short Long Term Debt Total1.5B1.9B1.6B2.1B2.2B1.5B
Total Stockholder Equity1.8B1.9B2.2B2.5B2.6B1.3B
Net Debt1.5B1.5B1.6B2.0B2.2B1.5B
Retained Earnings(370.8M)(306.3M)(178.3M)23.1M127.7M134.1M
Non Currrent Assets Other3.1B3.3B3.8B(532.8M)4.9B5.1B
Other Assets128.3M3.6B291.014.6B25.8M24.5M
Common Stock Shares Outstanding126.7M127.9M129.8M132.1M132.3M79.2M
Liabilities And Stockholders Equity3.5B3.8B4.2B5.0B5.2B3.1B
Non Current Liabilities Total1.4B1.7B1.7B2.1B1.9B1.5B
Other Stockholder Equity2.2B2.6B2.4B2.4B2.4B1.7B
Total Liab1.7B1.8B1.9B2.4B2.5B1.8B
Other Current Liab30.6M33.7M37.2M(74.4M)45.0M42.2M
Total Current Liabilities303.2M154.0M269.3M363.1M178.6M197.1M
Accounts Payable114.6M120.3M153.1M194.0M130.8M133.6M
Cash21.1M162.1M58.6M133.2M43.8M34.1M
Non Current Assets Total3.1B3.4B3.9B4.5B5.0B2.7B
Cash And Short Term Investments21.1M162.1M58.6M133.2M43.8M34.1M
Net Receivables86.2M90.3M103.8M130.1M155.0M162.8M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M855.3K
Total Current Assets421.8M424.9M318.7M475.3M198.9M143.6M
Accumulated Other Comprehensive Income(6.9M)(17.0M)(4.2M)33.4M22.3M23.4M
Common Stock1.3M1.3M1.3M1.3M1.3M876.7K
Other Liab69.4M73.2M107.8M115.3M103.8M75.0M
Long Term Debt1.3B1.6B1.5B1.9B1.9B1.7B
Other Current Assets(239.0M)(289.9M)(162.6M)11.9M203.3M213.4M
Inventory59.5M1.015.7M318.8M11.9M0.95
Intangible Assets28.5M25.2M21.3M24.1M21.5M34.5M
Net Tangible Assets1.7B1.9B2.0B2.4B2.8B1.6B
Noncontrolling Interest In Consolidated Entity33.9M44.6M53.6M71.1M64.0M109.9M
Retained Earnings Total Equity(370.8M)(306.3M)(178.3M)23.1M26.6M27.9M
Long Term Debt Total1.3B1.6B1.5B1.9B2.2B1.5B
Capital Surpluse2.1B2.2B2.4B2.4B2.8B2.3B
Long Term Investments18.2M61.4M36.0M8.8M44.7M29.2M
Non Current Liabilities Other34.3M33.9M31.8M37.4M43.0M22.3M
Short Term Debt158M261.9M79M320K2.8M2.7M
Property Plant Equipment3.0B3.3B3.8B4.4B5.1B3.0B

Pair Trading with First Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

  0.74O Realty IncomePairCorr

Moving against First Stock

  0.78UE Urban Edge PropertiesPairCorr
  0.77SKT Tanger Factory OutletPairCorr
  0.71SPG Simon Property GroupPairCorr
  0.69ROIC Retail Opportunity Sell-off TrendPairCorr
  0.69SITC Site Centers CorpPairCorr
The ability to find closely correlated positions to First Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Industrial Realty to buy it.
The correlation of First Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Industrial Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for First Stock Analysis

When running First Industrial's price analysis, check to measure First Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.