1st Historical Balance Sheet
SRCE Stock | USD 66.29 1.27 1.95% |
Trend analysis of 1st Source balance sheet accounts such as Total Stockholder Equity of 1 B, Property Plant And Equipment Net of 102.8 M, Net Debt of 277.3 M or Retained Earnings of 829.3 M provides information on 1st Source's total assets, liabilities, and equity, which is the actual value of 1st Source to its prevalent stockholders. By breaking down trends over time using 1st Source balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining 1st Source latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether 1st Source is a good buy for the upcoming year.
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About 1st Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of 1st Source at a specified time, usually calculated after every quarter, six months, or one year. 1st Source Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 1st Source and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 1st currently owns. An asset can also be divided into two categories, current and non-current.
1st Source Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of 1st Source assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 1st Source books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most accounts from 1st Source's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into 1st Source current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.At present, 1st Source's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 277.3 M, whereas Total Assets are forecasted to decline to about 4.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 135.3M | 179.4M | 341.6M | 184.8M | Total Assets | 8.1B | 8.3B | 8.7B | 4.5B |
1st Source balance sheet Correlations
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1st Source Account Relationship Matchups
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1st Source balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 25.6M | 25.5M | 25.0M | 24.7M | 24.6M | 21.7M | |
Total Assets | 6.6B | 7.3B | 8.1B | 8.3B | 8.7B | 4.5B | |
Short Long Term Debt Total | 155.8M | 147.7M | 135.3M | 179.4M | 341.6M | 184.8M | |
Other Current Liab | (25.4M) | (7.1M) | 65.5M | 41.7M | (105.4M) | (100.1M) | |
Total Current Liabilities | 25.4M | 7.1M | 5.3M | 74.1M | 151.2M | 143.6M | |
Total Stockholder Equity | 828.3M | 886.8M | 916.3M | 864.1M | 989.6M | 1.0B | |
Property Plant And Equipment Net | 163.9M | 114.4M | 95.5M | 76.5M | 88.2M | 102.8M | |
Net Debt | 88.6M | 73.5M | 80.9M | 94.7M | 264.1M | 277.3M | |
Retained Earnings | 463.3M | 514.2M | 603.8M | 694.9M | 789.8M | 829.3M | |
Cash | 67.2M | 74.2M | 54.4M | 84.7M | 77.5M | 72.3M | |
Non Current Assets Total | 1.3B | 1.4B | 2.1B | 2.0B | 9.9B | 10.4B | |
Non Currrent Assets Other | (1.3B) | (1.4B) | (2.1B) | (2.0B) | (1.8B) | (1.7B) | |
Other Assets | 4.0B | 4.3B | 3.8B | 4.1B | (1.3B) | (1.3B) | |
Cash And Short Term Investments | 1.1B | 1.3B | 1.9B | 1.9B | 106.4M | 101.1M | |
Liabilities And Stockholders Equity | 6.6B | 7.3B | 8.1B | 8.3B | 8.7B | 4.5B | |
Non Current Liabilities Total | 130.4M | 140.6M | 130.0M | 74.1M | 7.5B | 7.9B | |
Other Stockholder Equity | (76.7M) | (82.2M) | (114.2M) | (119.6M) | (130.5M) | (124.0M) | |
Total Liab | 5.8B | 6.4B | 7.1B | 7.4B | 7.7B | 4.0B | |
Property Plant And Equipment Gross | 163.9M | 114.4M | 95.5M | 76.5M | 164.5M | 103.0M | |
Total Current Assets | 1.3B | 1.6B | 2.2B | 2.2B | 106.4M | 101.1M | |
Short Term Debt | 25.4M | 7.1M | 5.3M | 74.1M | 256.6M | 269.4M | |
Accumulated Other Comprehensive Income | 5.2M | 18.4M | (9.9M) | (147.7M) | (106.3M) | (101.0M) | |
Other Liab | 18.3M | 25.2M | 25.0M | 23.7M | 21.3M | 38.2M | |
Accounts Payable | 5.4B | 5.9B | 6.7B | 6.9B | 8.0B | 4.4B | |
Short Term Investments | 1.0B | 1.2B | 1.9B | 1.8B | 500K | 475K | |
Inventory | (92.5M) | (265.6M) | (543.8M) | (148.0M) | (133.2M) | (126.5M) | |
Treasury Stock | (76.7M) | (82.2M) | (114.2M) | (119.6M) | (107.7M) | (102.3M) | |
Property Plant Equipment | 52.2M | 49.4M | 95.5M | 31.7M | 28.5M | 27.1M | |
Good Will | 83.9M | 83.9M | 83.9M | 83.9M | 83.9M | 81.9M | |
Intangible Assets | 104K | 82K | 60K | 40K | 21K | 20.0K | |
Other Current Assets | 92.5M | 265.6M | 543.8M | 148.0M | 130.4M | 123.9M | |
Net Tangible Assets | 744.3M | 802.9M | 832.3M | 780.2M | 897.2M | 692.6M | |
Noncontrolling Interest In Consolidated Entity | 20.4M | 43.8M | 53.2M | 59.7M | 68.7M | 72.1M | |
Retained Earnings Total Equity | 463.3M | 514.2M | 603.8M | 694.9M | 799.1M | 415.8M | |
Long Term Investments | 6.0B | 6.6B | 1.9B | 1.8B | 1.6B | 3.0B | |
Non Current Liabilities Other | 212.2M | 230.3M | 189.0M | 213.1M | 245.1M | 169.8M | |
Net Receivables | 228.0M | 288.6M | 269.5M | 380.0M | 437.0M | 458.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 1st Source. If investors know 1st 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 1st Source 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 0.068 | Dividend Share 1.4 | Earnings Share 5.25 | Revenue Per Share 15.077 | Quarterly Revenue Growth 0.021 |
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source'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 1st Source's market value can be influenced by many factors that don't directly affect 1st Source'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 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source'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.