1st Capital Expenditures vs Net Income Analysis

SRCE Stock

USD 64.89 0.33 0.51%

1st Source financial indicator trend analysis is way more than just evaluating 1st Source prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1st Source is a good investment. Please check the relationship between 1st Source Capital Expenditures and its Net Income accounts. 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.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1st Source Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between 1st Source's Capital Expenditures and Net Income is -0.36. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of 1st Source, assuming nothing else is changed. The correlation between historical values of 1st Source's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of 1st Source are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., 1st Source's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by 1st Source to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of 1st Source operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in 1st Source financial statement analysis. It represents the amount of money remaining after all of 1st Source operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from 1st Source's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.The current year's Enterprise Value is expected to grow to about 1.7 B, whereas Selling General Administrative is forecasted to decline to about 80 M.

	2021	2022	2023	2024 (projected)
Gross Profit	336.7M	354.7M	363.4M	216.7M
Total Revenue	336.7M	354.7M	363.4M	216.7M

Gross Profit Total Revenue

1st Source fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Common Stock Shares Outstanding		0.24	0.33	0.67	-0.1	-0.01	0.56	-0.02	-0.37	-0.13	0.5	0.49	0.14	0.35	-0.55	0.16	0.23	0.38	0.78	-0.34	0.24	0.24	0.04	-0.02	-0.23	0.49
Total Assets	0.24		0.48	-0.26	0.08	0.82	0.24	0.32	0.73	-0.01	0.45	-0.63	0.28	0.58	0.18	-0.84	1.0	0.44	-0.03	0.12	0.75	0.75	-0.65	0.95	0.5	0.54
Short Long Term Debt Total	0.33	0.48		0.21	0.82	0.5	0.34	0.85	0.39	0.0	-0.21	-0.05	0.72	-0.07	0.44	-0.46	0.47	0.58	0.18	0.73	0.62	0.62	-0.35	0.42	-0.02	-0.14
Other Current Liab	0.67	-0.26	0.21		0.11	-0.3	0.65	0.03	-0.58	0.06	0.12	0.87	0.36	-0.02	-0.42	0.45	-0.27	0.42	0.93	-0.13	0.02	0.02	0.1	-0.46	-0.48	0.05
Total Current Liabilities	-0.1	0.08	0.82	0.11		0.3	0.11	0.88	0.34	0.07	-0.48	-0.02	0.64	-0.3	0.57	-0.3	0.09	0.33	-0.01	0.92	0.37	0.37	-0.21	0.11	-0.07	-0.43
Total Stockholder Equity	-0.01	0.82	0.5	-0.3	0.3		0.31	0.63	0.91	-0.07	0.14	-0.68	0.58	0.33	0.52	-0.96	0.82	0.47	-0.17	0.44	0.93	0.93	-0.6	0.79	0.45	0.25
Property Plant And Equipment Net	0.56	0.24	0.34	0.65	0.11	0.31		0.25	-0.06	-0.13	0.25	0.38	0.51	0.22	-0.21	-0.1	0.23	0.85	0.7	-0.03	0.56	0.56	-0.53	0.04	-0.36	0.22
Net Debt	-0.02	0.32	0.85	0.03	0.88	0.63	0.25		0.58	-0.13	-0.41	-0.21	0.83	-0.24	0.71	-0.59	0.32	0.44	-0.05	0.91	0.7	0.7	-0.28	0.31	0.11	-0.32
Retained Earnings	-0.37	0.73	0.39	-0.58	0.34	0.91	-0.06	0.58		0.06	-0.05	-0.86	0.44	0.19	0.7	-0.96	0.73	0.21	-0.48	0.55	0.72	0.72	-0.51	0.81	0.58	0.08
Cash	-0.13	-0.01	0.0	0.06	0.07	-0.07	-0.13	-0.13	0.06		-0.14	0.08	0.1	-0.02	0.08	0.06	-0.01	0.03	-0.01	0.08	-0.12	-0.12	-0.01	0.06	-0.29	-0.16
Non Current Assets Total	0.5	0.45	-0.21	0.12	-0.48	0.14	0.25	-0.41	-0.05	-0.14		-0.1	-0.38	0.92	-0.73	-0.12	0.45	0.05	0.46	-0.65	0.16	0.16	-0.25	0.27	0.31	0.99
Non Currrent Assets Other	0.49	-0.63	-0.05	0.87	-0.02	-0.68	0.38	-0.21	-0.86	0.08	-0.1		0.06	-0.29	-0.49	0.81	-0.64	0.12	0.72	-0.24	-0.39	-0.39	0.39	-0.77	-0.69	-0.2
Other Assets	0.14	0.28	0.72	0.36	0.64	0.58	0.51	0.83	0.44	0.1	-0.38	0.06		-0.26	0.62	-0.47	0.27	0.61	0.23	0.71	0.74	0.74	-0.26	0.23	-0.04	-0.31
Cash And Short Term Investments	0.35	0.58	-0.07	-0.02	-0.3	0.33	0.22	-0.24	0.19	-0.02	0.92	-0.29	-0.26		-0.53	-0.32	0.58	0.2	0.33	-0.44	0.29	0.29	-0.45	0.44	0.31	0.92
Non Current Liabilities Total	-0.55	0.18	0.44	-0.42	0.57	0.52	-0.21	0.71	0.7	0.08	-0.73	-0.49	0.62	-0.53		-0.58	0.18	0.09	-0.6	0.84	0.41	0.41	-0.11	0.35	0.25	-0.63
Other Stockholder Equity	0.16	-0.84	-0.46	0.45	-0.3	-0.96	-0.1	-0.59	-0.96	0.06	-0.12	0.81	-0.47	-0.32	-0.58		-0.84	-0.32	0.31	-0.47	-0.84	-0.84	0.58	-0.86	-0.62	-0.25
Total Liab	0.23	1.0	0.47	-0.27	0.09	0.82	0.23	0.32	0.73	-0.01	0.45	-0.64	0.27	0.58	0.18	-0.84		0.43	-0.04	0.13	0.74	0.74	-0.65	0.96	0.51	0.54
Property Plant And Equipment Gross	0.38	0.44	0.58	0.42	0.33	0.47	0.85	0.44	0.21	0.03	0.05	0.12	0.61	0.2	0.09	-0.32	0.43		0.44	0.25	0.63	0.63	-0.74	0.33	-0.34	0.03
Total Current Assets	0.78	-0.03	0.18	0.93	-0.01	-0.17	0.7	-0.05	-0.48	-0.01	0.46	0.72	0.23	0.33	-0.6	0.31	-0.04	0.44		-0.29	0.14	0.14	-0.05	-0.28	-0.31	0.41
Short Term Debt	-0.34	0.12	0.73	-0.13	0.92	0.44	-0.03	0.91	0.55	0.08	-0.65	-0.24	0.71	-0.44	0.84	-0.47	0.13	0.25	-0.29		0.43	0.43	-0.19	0.22	0.07	-0.58
Common Stock Total Equity	0.24	0.75	0.62	0.02	0.37	0.93	0.56	0.7	0.72	-0.12	0.16	-0.39	0.74	0.29	0.41	-0.84	0.74	0.63	0.14	0.43		1.0	-0.58	0.64	0.29	0.25
Common Stock	0.24	0.75	0.62	0.02	0.37	0.93	0.56	0.7	0.72	-0.12	0.16	-0.39	0.74	0.29	0.41	-0.84	0.74	0.63	0.14	0.43	1.0		-0.58	0.64	0.29	0.25
Other Liab	0.04	-0.65	-0.35	0.1	-0.21	-0.6	-0.53	-0.28	-0.51	-0.01	-0.25	0.39	-0.26	-0.45	-0.11	0.58	-0.65	-0.74	-0.05	-0.19	-0.58	-0.58		-0.65	-0.06	-0.25
Accounts Payable	-0.02	0.95	0.42	-0.46	0.11	0.79	0.04	0.31	0.81	0.06	0.27	-0.77	0.23	0.44	0.35	-0.86	0.96	0.33	-0.28	0.22	0.64	0.64	-0.65		0.56	0.36
Long Term Debt	-0.23	0.5	-0.02	-0.48	-0.07	0.45	-0.36	0.11	0.58	-0.29	0.31	-0.69	-0.04	0.31	0.25	-0.62	0.51	-0.34	-0.31	0.07	0.29	0.29	-0.06	0.56		0.42
Short Term Investments	0.49	0.54	-0.14	0.05	-0.43	0.25	0.22	-0.32	0.08	-0.16	0.99	-0.2	-0.31	0.92	-0.63	-0.25	0.54	0.03	0.41	-0.58	0.25	0.25	-0.25	0.36	0.42

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1st Source Account Relationship Matchups

1st Source fundamental ratios 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	13.9M	13.2M
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	8.6B	9.0B
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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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:

How To Invest In 1st

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Is 1st Stock a good investment?

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What is 1st Source's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.

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1st Capital Expenditures vs Net Income Analysis

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

Correlation Coefficient

Capital Expenditures

Net Income

1st Source fundamental ratios Correlations

1st Source Account Relationship Matchups

High Positive Relationship

High Negative Relationship

1st Source fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Short Term Investments	+ 0.99	Non Current Assets Total
Accounts Payable	+ 0.96	Total Liab
Accounts Payable	+ 0.95	Total Assets
Total Current Assets	+ 0.93	Other Current Liab

Other Stockholder Equity	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.96	Total Stockholder Equity
Accounts Payable	- 0.86	Other Stockholder Equity
Non Currrent Assets Other	- 0.86	Retained Earnings
Common Stock	- 0.84	Other Stockholder Equity
Common Stock Total Equity	- 0.84	Other Stockholder Equity