INBKZ Stock | | | USD 25.21 0.13 0.51% |
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 Price To Sales Ratio and its Free Cash Flow Per Share 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 industry.
Price To Sales Ratio vs Free Cash Flow Per Share
Price To Sales Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Internet Bancorp Price To Sales Ratio account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between First Internet's Price To Sales Ratio and Free Cash Flow Per Share is 0.4. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Per Share 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 Price To Sales Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of First Internet Bancorp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Price To Sales Ratio i.e., First Internet's Price To Sales Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing First Internet Bancorp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Internet sales, a figure that is much harder to manipulate than other First Internet Bancorp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
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 industry.
Selling General Administrative is likely to rise to about 51.7
M in 2024.
Tax Provision is likely to rise to about 3.3
M in 2024
First Internet fundamental ratios Correlations
Click cells to compare fundamentals
First Internet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Internet fundamental ratios Accounts
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Additional Tools for First Stock Analysis
When running First Internet's price analysis, check to
measure First Internet'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 Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to
predict the probability of First Internet'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 Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.