First Total Stockholder Equity vs Other Current Assets 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 Total Stockholder Equity and its Other Current Assets 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.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Western Financial Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Western's Total Stockholder Equity and Other Current Assets is -0.65. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets 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 Total Stockholder Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of First Western Financial are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., First Western's Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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
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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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