First Non Current Liabilities Total vs Total Current Liabilities 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 Non Current Liabilities Total and its Total Current Liabilities 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.
Non Current Liabilities Total vs Total Current Liabilities
Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Internet Bancorp Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Internet's Non Current Liabilities Total and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities 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 Non Current Liabilities Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of First Internet Bancorp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., First Internet's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Liabilities Total
Total Current Liabilities
Total Current Liabilities is an item on First Internet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Internet Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 |
First Internet fundamental ratios Correlations
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First Internet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.