1st Common Stock Total Equity vs Short Term Debt 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 Common Stock Total Equity and its Short Term Debt 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.
Common Stock Total Equity vs Short Term Debt
Common Stock Total Equity vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1st Source Common Stock Total Equity account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 1st Source's Common Stock Total Equity and Short Term Debt is 0.43. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Term Debt 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 Common Stock Total Equity and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of 1st Source are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Total Equity i.e., 1st Source's Common Stock Total Equity and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Short Term Debt
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 |
1st Source fundamental ratios Correlations
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1st Source Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.