First Net Invested Capital vs Net Debt Analysis

INBK Stock

USD 40.75 1.25 3.16%

First Internet financial indicator trend analysis is much more than just examining First Internet Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Internet Bancorp is a good investment. Please check the relationship between First Internet Net Invested Capital and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet 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 labor statistics.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Internet Bancorp Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between First Internet's Net Invested Capital and Net Debt is 0.56. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of First Internet Bancorp, assuming nothing else is changed. The correlation between historical values of First Internet's Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of First Internet Bancorp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., First Internet's Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from First Internet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Internet 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet 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 labor statistics.

At this time, First Internet's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.61 this year, although the value of Tax Provision is projected to rise to (2.3 M).

	2021	2022	2023	2024 (projected)
Interest Expense	47.3M	59.8M	164.5M	172.8M
Depreciation And Amortization	8.8M	8.7M	5.7M	3.6M

Interest Expense Depreciation And Amortization

First Internet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Good Will	Other Liab	Long Term Debt	Short Term Investments
Total Assets		0.99	0.63	0.99	0.69	0.94	0.89	0.92	0.79	-0.76	0.61	0.94	0.77	0.87	0.86	0.79	-0.49	1.0	0.54	0.43	0.85	0.58	-0.55	0.99	0.83	0.82
Short Long Term Debt Total	0.99		0.58	0.99	0.76	0.93	0.86	0.88	0.74	-0.73	0.67	0.92	0.76	0.88	0.89	0.74	-0.48	0.99	0.57	0.41	0.87	0.55	-0.49	0.98	0.8	0.82
Total Current Liabilities	0.63	0.58		0.54	0.19	0.7	0.78	0.61	0.6	-0.57	0.16	0.49	0.41	0.26	0.22	0.88	0.13	0.64	-0.02	0.44	0.19	0.22	-0.93	0.59	0.67	0.21
Total Stockholder Equity	0.99	0.99	0.54		0.69	0.94	0.84	0.92	0.76	-0.74	0.63	0.96	0.75	0.9	0.9	0.72	-0.53	0.99	0.58	0.39	0.89	0.62	-0.45	0.98	0.83	0.85
Net Debt	0.69	0.76	0.19	0.69		0.58	0.48	0.38	0.36	-0.36	0.94	0.56	0.51	0.76	0.77	0.33	-0.46	0.68	0.6	0.28	0.76	0.13	-0.07	0.67	0.39	0.68
Retained Earnings	0.94	0.93	0.7	0.94	0.58		0.88	0.89	0.65	-0.76	0.52	0.86	0.56	0.73	0.73	0.73	-0.48	0.94	0.28	0.49	0.69	0.61	-0.62	0.91	0.94	0.66
Accounts Payable	0.89	0.86	0.78	0.84	0.48	0.88		0.85	0.65	-0.78	0.36	0.79	0.58	0.65	0.67	0.76	-0.32	0.89	0.23	0.45	0.61	0.36	-0.64	0.86	0.76	0.57
Cash	0.92	0.88	0.61	0.92	0.38	0.89	0.85		0.79	-0.81	0.3	0.94	0.72	0.78	0.79	0.76	-0.4	0.92	0.43	0.41	0.76	0.74	-0.51	0.92	0.86	0.73
Non Current Assets Total	0.79	0.74	0.6	0.76	0.36	0.65	0.65	0.79		-0.61	0.32	0.87	0.94	0.72	0.64	0.89	-0.19	0.79	0.68	0.26	0.7	0.46	-0.57	0.79	0.54	0.81
Non Currrent Assets Other	-0.76	-0.73	-0.57	-0.74	-0.36	-0.76	-0.78	-0.81	-0.61		-0.21	-0.75	-0.51	-0.58	-0.62	-0.59	0.27	-0.76	-0.17	-0.11	-0.56	-0.57	0.43	-0.75	-0.76	-0.58
Other Assets	0.61	0.67	0.16	0.63	0.94	0.52	0.36	0.3	0.32	-0.21		0.49	0.43	0.72	0.68	0.29	-0.46	0.61	0.6	0.32	0.71	0.1	-0.07	0.62	0.34	0.63
Cash And Short Term Investments	0.94	0.92	0.49	0.96	0.56	0.86	0.79	0.94	0.87	-0.75	0.49		0.85	0.91	0.88	0.74	-0.53	0.94	0.65	0.34	0.9	0.65	-0.42	0.95	0.75	0.91
Net Receivables	0.77	0.76	0.41	0.75	0.51	0.56	0.58	0.72	0.94	-0.51	0.43	0.85		0.81	0.75	0.78	-0.24	0.77	0.85	0.22	0.8	0.42	-0.38	0.8	0.41	0.86
Common Stock Total Equity	0.87	0.88	0.26	0.9	0.76	0.73	0.65	0.78	0.72	-0.58	0.72	0.91	0.81		0.97	0.56	-0.6	0.87	0.8	0.37	0.99	0.51	-0.14	0.9	0.57	0.94
Common Stock Shares Outstanding	0.86	0.89	0.22	0.9	0.77	0.73	0.67	0.79	0.64	-0.62	0.68	0.88	0.75	0.97		0.48	-0.56	0.86	0.74	0.31	0.97	0.55	-0.07	0.89	0.59	0.89
Non Current Liabilities Total	0.79	0.74	0.88	0.72	0.33	0.73	0.76	0.76	0.89	-0.59	0.29	0.74	0.78	0.56	0.48		-0.03	0.79	0.42	0.46	0.5	0.38	-0.84	0.77	0.65	0.55
Other Stockholder Equity	-0.49	-0.48	0.13	-0.53	-0.46	-0.48	-0.32	-0.4	-0.19	0.27	-0.46	-0.53	-0.24	-0.6	-0.56	-0.03		-0.48	-0.28	-0.34	-0.62	-0.37	-0.09	-0.48	-0.39	-0.59
Total Liab	1.0	0.99	0.64	0.99	0.68	0.94	0.89	0.92	0.79	-0.76	0.61	0.94	0.77	0.87	0.86	0.79	-0.48		0.54	0.43	0.85	0.57	-0.55	0.99	0.83	0.81
Total Current Assets	0.54	0.57	-0.02	0.58	0.6	0.28	0.23	0.43	0.68	-0.17	0.6	0.65	0.85	0.8	0.74	0.42	-0.28	0.54		0.11	0.82	0.24	0.04	0.6	0.09	0.81
Short Term Debt	0.43	0.41	0.44	0.39	0.28	0.49	0.45	0.41	0.26	-0.11	0.32	0.34	0.22	0.37	0.31	0.46	-0.34	0.43	0.11		0.3	0.17	-0.35	0.41	0.42	0.21
Common Stock	0.85	0.87	0.19	0.89	0.76	0.69	0.61	0.76	0.7	-0.56	0.71	0.9	0.8	0.99	0.97	0.5	-0.62	0.85	0.82	0.3		0.51	-0.09	0.88	0.53	0.94
Other Current Liab	0.58	0.55	0.22	0.62	0.13	0.61	0.36	0.74	0.46	-0.57	0.1	0.65	0.42	0.51	0.55	0.38	-0.37	0.57	0.24	0.17	0.51		-0.18	0.56	0.77	0.47
Good Will	-0.55	-0.49	-0.93	-0.45	-0.07	-0.62	-0.64	-0.51	-0.57	0.43	-0.07	-0.42	-0.38	-0.14	-0.07	-0.84	-0.09	-0.55	0.04	-0.35	-0.09	-0.18		-0.5	-0.59	-0.14
Other Liab	0.99	0.98	0.59	0.98	0.67	0.91	0.86	0.92	0.79	-0.75	0.62	0.95	0.8	0.9	0.89	0.77	-0.48	0.99	0.6	0.41	0.88	0.56	-0.5		0.78	0.84
Long Term Debt	0.83	0.8	0.67	0.83	0.39	0.94	0.76	0.86	0.54	-0.76	0.34	0.75	0.41	0.57	0.59	0.65	-0.39	0.83	0.09	0.42	0.53	0.77	-0.59	0.78		0.5
Short Term Investments	0.82	0.82	0.21	0.85	0.68	0.66	0.57	0.73	0.81	-0.58	0.63	0.91	0.86	0.94	0.89	0.55	-0.59	0.81	0.81	0.21	0.94	0.47	-0.14	0.84	0.5

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First Internet Account Relationship Matchups

First Internet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1B	4.2B	4.2B	4.5B	5.2B	5.4B
Short Long Term Debt Total	584.4M	594.5M	619.2M	719.5M	719.8M	755.8M
Total Current Liabilities	3.8M	1.4M	2.0M	2.9M	18.0M	18.9M
Total Stockholder Equity	304.9M	330.9M	380.3M	365.0M	362.8M	380.9M
Net Debt	257.1M	174.7M	176.2M	462.9M	313.9M	167.0M
Retained Earnings	99.7M	126.7M	172.4M	205.7M	207.5M	217.8M
Accounts Payable	3.8M	1.4M	2.0M	2.9M	3.8M	4.0M
Cash	327.4M	419.8M	443.0M	256.6M	405.9M	426.2M
Non Current Assets Total	622.0M	608.1M	727.1M	77.4M	780.2M	819.2M
Non Currrent Assets Other	(622.0M)	(608.1M)	(727.1M)	(579.6M)	(780.2M)	(741.2M)
Other Assets	1.5B	1.7B	1.5B	4.0B	3.1B	1.6B
Cash And Short Term Investments	868.2M	917.4M	1.0B	646.9M	880.8M	924.8M
Net Receivables	1.1B	1.0B	928.7M	21.1M	955.2M	1.0B
Common Stock Total Equity	219.4M	221.4M	218.9M	192.9M	221.9M	134.6M
Common Stock Shares Outstanding	10.0M	9.8M	10.0M	9.6M	8.9M	6.1M
Liabilities And Stockholders Equity	4.1B	4.2B	4.2B	4.5B	5.2B	5.4B
Non Current Liabilities Total	584.4M	594.5M	619.2M	2.9M	1.4B	1.5B
Other Stockholder Equity	(14.2M)	(17.2M)	(11.0M)	(33.6M)	(1.0)	(1.05)
Total Liab	3.8B	3.9B	3.8B	4.2B	4.8B	5.0B
Total Current Assets	1.9B	1.9B	2.0B	428.9M	1.3B	1.0B
Accumulated Other Comprehensive Income	(14.2M)	(17.2M)	(11.0M)	(33.6M)	(29.4M)	(27.9M)
Short Term Debt	110.9M	110.4M	110M	145M	255.0M	128.7M
Common Stock	219.4M	221.4M	218.9M	192.9M	184.7M	133.3M
Other Current Liab	(3.8M)	48.4M	30.5M	14.5M	14.2M	14.9M
Long Term Debt	69.5M	594.5M	619.2M	719.5M	719.8M	755.8M
Short Term Investments	540.9M	497.6M	603.0M	390.4M	474.9M	376.1M
Inventory	(348.0M)	(437.2M)	(460.2M)	42K	(18.5M)	(19.4M)
Intangible Assets	2.5M	3.6M	4.7M	6.3M	10.6M	5.5M
Property Plant Equipment	14.6M	37.6M	59.8M	72.7M	83.6M	87.8M
Property Plant And Equipment Net	14.6M	37.6M	59.8M	72.7M	73.5M	77.1M
Net Tangible Assets	300.2M	326.3M	375.7M	360.3M	414.3M	252.2M
Retained Earnings Total Equity	99.7M	126.7M	172.4M	205.7M	236.5M	248.4M
Long Term Debt Total	69.5M	79.6M	104.2M	104.5M	120.2M	126.2M
Other Current Assets	348.0M	437.2M	460.2M	(1.2B)	433.0M	321.0M
Long Term Investments	3.6B	565.9M	662.6M	579.6M	702.0M	1.4B
Property Plant And Equipment Gross	14.6M	37.6M	66.6M	83.6M	88.3M	92.7M
Non Current Liabilities Other	514.9M	514.9M	514.9M	614.9M	707.2M	397.6M

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When determining whether First Internet 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 Internet'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 Internet Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Internet Bancorp Stock:

How To Invest In First

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Is First Stock a good investment?

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What is First Internet's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet 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 labor statistics.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine 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 Internet. 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 Internet 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

1.052

Dividend Share

0.24

Earnings Share

2.46

Revenue Per Share

12.546

Quarterly Revenue Growth

0.331

The market value of First Internet 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 Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet'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 Internet's market value can be influenced by many factors that don't directly affect First Internet'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 Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet'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.

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First Net Invested Capital vs Net Debt Analysis

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Debt

First Internet fundamental ratios Correlations

First Internet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Internet fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Other Liab	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Good Will	- 0.93	Total Current Liabilities
Good Will	- 0.84	Non Current Liabilities Total
Non Currrent Assets Other	- 0.81	Cash
Non Currrent Assets Other	- 0.78	Accounts Payable
Long Term Debt	- 0.76	Non Currrent Assets Other
Total Liab	- 0.76	Non Currrent Assets Other