First Other Assets vs Property Plant And Equipment Net Analysis

MYFW Stock  USD 21.37  0.55  2.64%   
First Western financial indicator trend analysis is much more than just examining First Western Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Western Financial is a good investment. Please check the relationship between First Western Other Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Western Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Western Financial Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Western's Other Assets and Property Plant And Equipment Net is 0.81. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of First Western Financial, assuming nothing else is changed. The correlation between historical values of First Western's Other Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of First Western Financial are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., First Western's Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

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.
Most indicators from First Western's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Western Financial 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Western Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, First Western's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 12.33 in 2024, whereas Tax Provision is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income61.9M100.1M138.8M145.7M
Net Interest Income56.5M82.8M75.3M46.1M

First Western fundamental ratios Correlations

0.830.520.530.990.540.990.82-0.490.950.650.870.520.560.970.740.670.020.810.840.280.820.530.97-0.91-0.68
0.830.560.430.780.190.780.610.00.790.560.570.430.450.870.70.370.250.680.810.30.760.440.71-0.62-0.63
0.520.56-0.150.530.050.490.30.050.470.030.29-0.14-0.130.510.540.120.040.340.54-0.130.38-0.170.42-0.29-0.34
0.530.43-0.150.530.140.540.82-0.20.680.980.381.01.00.560.720.250.270.640.650.870.781.00.61-0.52-0.32
0.990.780.530.530.560.990.84-0.530.950.650.880.530.560.960.750.670.00.820.830.280.810.530.98-0.92-0.65
0.540.190.050.140.560.510.49-0.890.490.160.850.140.160.420.210.91-0.040.520.24-0.040.420.150.53-0.78-0.2
0.990.780.490.540.990.510.81-0.50.920.650.860.530.570.970.720.640.010.820.830.290.780.530.99-0.89-0.65
0.820.610.30.820.840.490.81-0.490.920.890.730.830.830.810.920.60.280.870.860.710.960.820.86-0.81-0.44
-0.490.00.05-0.2-0.53-0.89-0.5-0.49-0.45-0.21-0.82-0.2-0.23-0.36-0.17-0.880.27-0.44-0.17-0.03-0.33-0.2-0.550.740.23
0.950.790.470.680.950.490.920.92-0.450.80.80.680.710.90.840.610.050.790.880.460.910.690.92-0.91-0.66
0.650.560.030.980.650.160.650.89-0.210.80.460.980.990.680.810.290.240.70.760.830.850.980.71-0.61-0.42
0.870.570.290.380.880.850.860.73-0.820.80.460.380.410.790.520.94-0.070.750.60.170.690.390.86-0.95-0.54
0.520.43-0.141.00.530.140.530.83-0.20.680.980.381.00.560.730.250.290.640.660.880.791.00.61-0.52-0.32
0.560.45-0.131.00.560.160.570.83-0.230.710.990.411.00.590.720.270.230.640.660.840.781.00.64-0.56-0.35
0.970.870.510.560.960.420.970.81-0.360.90.680.790.560.590.780.580.170.880.860.360.830.560.96-0.81-0.58
0.740.70.540.720.750.210.720.92-0.170.840.810.520.730.720.780.370.430.820.920.720.950.710.74-0.61-0.4
0.670.370.120.250.670.910.640.6-0.880.610.290.940.250.270.580.37-0.020.630.420.160.570.260.65-0.84-0.41
0.020.250.040.270.0-0.040.010.280.270.050.24-0.070.290.230.170.43-0.020.440.40.550.390.270.030.090.2
0.810.680.340.640.820.520.820.87-0.440.790.70.750.640.640.880.820.630.440.770.550.870.630.85-0.72-0.23
0.840.810.540.650.830.240.830.86-0.170.880.760.60.660.660.860.920.420.40.770.60.910.650.81-0.7-0.67
0.280.3-0.130.870.28-0.040.290.71-0.030.460.830.170.880.840.360.720.160.550.550.60.720.860.36-0.25-0.16
0.820.760.380.780.810.420.780.96-0.330.910.850.690.790.780.830.950.570.390.870.910.720.780.8-0.77-0.49
0.530.44-0.171.00.530.150.530.82-0.20.690.980.391.01.00.560.710.260.270.630.650.860.780.61-0.53-0.33
0.970.710.420.610.980.530.990.86-0.550.920.710.860.610.640.960.740.650.030.850.810.360.80.61-0.89-0.58
-0.91-0.62-0.29-0.52-0.92-0.78-0.89-0.810.74-0.91-0.61-0.95-0.52-0.56-0.81-0.61-0.840.09-0.72-0.7-0.25-0.77-0.53-0.890.66
-0.68-0.63-0.34-0.32-0.65-0.2-0.65-0.440.23-0.66-0.42-0.54-0.32-0.35-0.58-0.4-0.410.2-0.23-0.67-0.16-0.49-0.33-0.580.66
Click cells to compare fundamentals

First Western Account Relationship Matchups

First Western fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B2.0B2.5B2.9B3.0B2.0B
Short Long Term Debt Total20.0M173.9M77.7M199.0M178.1M105.8M
Other Current Liab(299K)2.4M14.3M142.5M(3.8M)(3.6M)
Total Current Liabilities299K453K355K1.1M2.6B2.7B
Total Stockholder Equity127.7M155.0M219.0M240.9M242.7M178.7M
Other Liab6.8M10.5M24.7M9.3M10.8M12.1M
Net Tangible Assets108.0M130.7M187.1M208.8M240.1M137.0M
Property Plant And Equipment Net5.2M5.3M24.0M25.1M34.2M35.9M
Net Debt(62.1M)17.9M(307.8M)2.5M(76.4M)(80.2M)
Retained Earnings(15.0M)9.6M30.2M51.9M51.0M53.6M
Accounts Payable299K453K355K1.1M3.8M4.0M
Cash78.6M156.0M385.5M196.5M254.4M167.3M
Non Current Assets Total84.4M68.8M114.7M145.4M2.7B2.9B
Non Currrent Assets Other(5.0M)(6.1M)(6.8M)(6.9M)2.6B2.7B
Other Assets1.0B1.7B2.0B2.5B2.9B1.6B
Long Term Debt16.6M24.3M77.7M199.0M178.1M187.0M
Cash And Short Term Investments137.5M192.7M441.7M196.5M254.4M215.1M
Net Receivables9.3M12.9M14.4M17.3M21.0M16.7M
Good Will19.7M24.2M30.6M30.4M35.0M28.8M
Common Stock Shares Outstanding7.9M8.0M8.2M9.7M9.7M9.1M
Short Term Investments58.9M36.7M56.2M81.1M184.5M193.7M
Liabilities And Stockholders Equity1.3B2.0B2.5B2.9B3.0B2.0B
Non Current Liabilities Total16.6M173.9M77.7M1.1M2.7B2.9B
Capital Surpluse142.8M144.7M188.6M190.5M219.1M166.9M
Inventory(92.1M)(169.1M)(401.5M)(213.8M)(275.4M)(261.7M)
Other Current Assets92.1M169.1M401.5M213.8M275.4M343.3M
Other Stockholder Equity142.8M144.7M188.6M190.5M192.9M172.5M
Total Liab1.1B1.8B2.3B2.6B2.7B1.8B
Long Term Investments59.5M1.7B58.8M88.2M81.3M77.2M
Property Plant And Equipment Gross5.2M5.3M34.8M35.9M38.1M19.3M
Total Current Assets146.8M205.6M456.1M213.8M254.4M394.6M
Accumulated Other Comprehensive Income(164K)680K223K(1.5M)(1.2M)(1.1M)
Short Term Debt13.4M3.3M15M144.7M125.7M132.0M
Intangible Assets28K67K31.9M32.1M1.5M1.4M
Property Plant Equipment15.5M5.3M24.0M25.1M28.9M30.3M
Net Invested Capital144.2M328.8M77.7M199.0M420.8M228.3M
Retained Earnings Total Equity(15.0M)9.6M30.2M51.9M59.7M62.7M

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