First Short Term Investments vs Current Deferred Revenue Analysis

FRBA Stock  USD 14.72  0.10  0.67%   
First Bank financial indicator trend analysis is much more than just examining First Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bank is a good investment. Please check the relationship between First Bank Short Term Investments and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. 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.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Short Term Investments vs Current Deferred Revenue

Short Term Investments vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bank Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between First Bank's Short Term Investments and Current Deferred Revenue is -0.03. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of First Bank, assuming nothing else is changed. The correlation between historical values of First Bank's Short Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of First Bank are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Investments i.e., First Bank's Short Term Investments and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of First Bank balance sheet. It contains any investments First Bank undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that First Bank can easily liquidate in the marketplace.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from First Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bank 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 Bank. 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.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bank's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.53, whereas Selling General Administrative is forecasted to decline to about 18.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit89.6M97.5M173.2M181.9M
Total Revenue89.6M97.5M95.9M53.5M

First Bank fundamental ratios Correlations

1.00.67-0.640.940.260.950.79-0.311.00.870.920.720.910.330.970.70.850.830.870.690.930.050.850.90.09
1.00.69-0.630.920.290.940.79-0.330.990.890.930.690.90.340.960.680.830.830.890.660.940.060.840.910.1
0.670.69-0.530.620.570.540.81-0.680.660.750.540.160.430.040.640.160.460.850.780.140.670.110.580.770.09
-0.64-0.63-0.53-0.5-0.48-0.67-0.730.33-0.64-0.66-0.59-0.25-0.46-0.51-0.55-0.16-0.43-0.69-0.69-0.13-0.63-0.49-0.76-0.65-0.49
0.940.920.62-0.50.020.860.7-0.20.940.720.770.820.910.050.950.810.80.790.690.790.79-0.110.720.78-0.06
0.260.290.57-0.480.020.220.65-0.780.250.550.31-0.48-0.140.460.19-0.470.080.530.62-0.490.420.390.40.480.32
0.950.940.54-0.670.860.220.68-0.180.950.850.90.710.90.530.860.690.830.730.840.690.920.150.90.830.2
0.790.790.81-0.730.70.650.68-0.640.790.850.660.240.50.210.80.220.570.970.860.190.750.240.750.880.21
-0.31-0.33-0.680.33-0.2-0.78-0.18-0.64-0.31-0.46-0.380.350.06-0.01-0.340.360.03-0.63-0.530.38-0.310.21-0.29-0.540.27
1.00.990.66-0.640.940.250.950.79-0.310.870.920.720.910.320.970.710.860.830.870.690.930.040.850.890.09
0.870.890.75-0.660.720.550.850.85-0.460.870.840.40.680.510.790.410.740.860.980.390.930.240.920.950.24
0.920.930.54-0.590.770.310.90.66-0.380.920.840.590.830.480.870.570.730.70.860.560.88-0.070.820.87-0.02
0.720.690.16-0.250.82-0.480.710.240.350.720.40.590.930.040.720.990.760.350.350.980.56-0.130.50.44-0.03
0.910.90.43-0.460.91-0.140.90.50.060.910.680.830.930.250.880.910.860.580.660.90.81-0.030.720.710.05
0.330.340.04-0.510.050.460.530.21-0.010.320.510.480.040.250.120.030.380.130.530.040.550.550.60.320.57
0.970.960.64-0.550.950.190.860.8-0.340.970.790.870.720.880.120.70.780.840.790.680.83-0.090.740.88-0.05
0.70.680.16-0.160.81-0.470.690.220.360.710.410.570.990.910.030.70.790.330.351.00.58-0.150.470.43-0.06
0.850.830.46-0.430.80.080.830.570.030.860.740.730.760.860.380.780.790.590.730.780.860.190.730.640.25
0.830.830.85-0.690.790.530.730.97-0.630.830.860.70.350.580.130.840.330.590.860.30.760.080.80.920.07
0.870.890.78-0.690.690.620.840.86-0.530.870.980.860.350.660.530.790.350.730.860.330.930.250.90.940.26
0.690.660.14-0.130.79-0.490.690.190.380.690.390.560.980.90.040.681.00.780.30.330.57-0.160.460.4-0.06
0.930.940.67-0.630.790.420.920.75-0.310.930.930.880.560.810.550.830.580.860.760.930.570.240.860.850.28
0.050.060.11-0.49-0.110.390.150.240.210.040.24-0.07-0.13-0.030.55-0.09-0.150.190.080.25-0.160.240.260.050.99
0.850.840.58-0.760.720.40.90.75-0.290.850.920.820.50.720.60.740.470.730.80.90.460.860.260.870.27
0.90.910.77-0.650.780.480.830.88-0.540.890.950.870.440.710.320.880.430.640.920.940.40.850.050.870.05
0.090.10.09-0.49-0.060.320.20.210.270.090.24-0.02-0.030.050.57-0.05-0.060.250.070.26-0.060.280.990.270.05
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First Bank Account Relationship Matchups

First Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.5B2.7B3.6B3.8B
Total Stockholder Equity226.4M238.1M266.7M289.6M370.9M389.4M
Other Liab7.2M5.3M17.2M6.7M7.7M5.3M
Accounts Payable1.1M561K399K1.2M2.8M2.7M
Cash47.9M99.8M156.7M113.6M215.2M225.9M
Other Assets1.8B2.0B2.1B2.3B(731K)(694.5K)
Long Term Debt127.4M190.6M111.5M120.7M234.4M246.1M
Short Term Investments47.5M61.7M94.6M99.0M74.3M56.0M
Inventory(94.1M)(107.2M)(163.1M)(135.4M)24.7M25.9M
Total Liab1.8B2.1B2.2B2.4B3.2B3.4B
Common Stock101.9M103.1M103.7M104.5M134.6M81.6M
Property Plant Equipment20.1M17.9M9.9M17.6M20.2M21.2M
Total Current Liabilities1.1M561K399K1.2M507.4M532.8M
Property Plant And Equipment Net11.9M10.7M9.9M10.6M31.9M33.4M
Net Debt79.6M90.8M(45.2M)7.0M19.2M29.7M
Retained Earnings46.4M63.4M95.9M127.5M140.6M147.6M
Non Current Assets Total130.7M134.6M172.0M184.5M3.4B3.5B
Non Currrent Assets Other(10.7M)(12.1M)(11.4M)(13.4M)3.0B3.2B
Cash And Short Term Investments95.3M161.6M251.3M212.6M215.2M124.7M
Common Stock Shares Outstanding19.4M20.0M19.8M19.7M22.1M15.8M
Non Current Liabilities Total127.4M190.6M111.5M1.2M2.7B2.9B
Other Stockholder Equity78.1M70.7M67.2M64.9M101.5M106.6M
Total Current Assets100.2M168.4M256.9M220.7M243.7M231.5M
Accumulated Other Comprehensive Income27K839K(206K)(7.3M)(5.7M)(5.4M)
Short Long Term Debt Total127.4M190.6M111.5M120.7M234.4M121.9M
Liabilities And Stockholders Equity2.0B2.3B2.5B2.7B3.6B1.9B
Net Tangible Assets208.1M220.1M246.7M270.2M310.7M182.8M
Other Current Assets94.1M107.2M163.1M135.4M243.7M398.2M
Long Term Investments100.5M105.8M142.2M154.5M149.9M127.6M
Short Term Debt32.9M20.4M65.8M70.3M144.6M151.9M
Intangible Assets2.1M1.7M2.1M1.6M10.8M11.4M
Other Current Liab(1.1M)(561K)(399K)(1.2M)504.6M529.8M
Net Receivables4.8M6.8M5.7M8.2M14.8M15.5M
Common Stock Total Equity87.0M93.1M101.9M103.1M118.6M89.7M
Property Plant And Equipment Gross11.9M10.7M18.9M20.8M33.6M35.3M
Current Deferred Revenue(31.8M)(19.3M)(65.2M)(69.0M)(2.8M)(3.0M)

Also Currently Popular

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 Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bank'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 Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bank Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. 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.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from 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 Bank. 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 Bank 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
0.257
Dividend Share
0.24
Earnings Share
1.61
Revenue Per Share
4.921
Quarterly Revenue Growth
0.4
The market value of First Bank 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is First Bank'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 Bank's market value can be influenced by many factors that don't directly affect First Bank'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 Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bank'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.