First Net Tangible Assets vs Earning Assets Analysis
THFF Stock | USD 49.83 0.91 1.86% |
First Financial financial indicator trend analysis is much more than just examining First Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Financial is a good investment. Please check the relationship between First Financial Net Tangible Assets and its Earning Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in First 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. For more detail on how to invest in First Stock please use our How to Invest in First Financial guide.
Net Tangible Assets vs Earning Assets
Net Tangible Assets vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Financial Net Tangible Assets account and Earning Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between First Financial's Net Tangible Assets and Earning Assets is -0.04. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Earning Assets in the same time period over historical financial statements of First Financial, assuming nothing else is changed. The correlation between historical values of First Financial's Net Tangible Assets and Earning 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 Net Tangible Assets of First Financial are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Net Tangible Assets i.e., First Financial's Net Tangible Assets and Earning Assets go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Earning Assets
Most indicators from First Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First 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 World Market Map to better understand how to build diversified portfolios, which includes a position in First 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. For more detail on how to invest in First Stock please use our How to Invest in First Financial guide.At this time, First Financial's Enterprise Value Over EBITDA is most likely to drop slightly in the upcoming years. The First Financial's current Enterprise Value Multiple is estimated to increase to 10.31, while Selling General Administrative is projected to decrease to roughly 44.7 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 8.8M | 61.1M | 64.2M | Depreciation And Amortization | 6.2M | 6.5M | 4.1M |
First Financial fundamental ratios Correlations
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First Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 4.6B | 5.2B | 5.0B | 4.9B | 2.8B | |
Short Long Term Debt Total | 111.1M | 121.9M | 109.3M | 80.5M | 108.6M | 177.9M | |
Other Current Liab | (80.1M) | (116.1M) | (93.4M) | (70.9M) | 750.3M | 1.3B | |
Total Current Liabilities | 80.1M | 116.1M | 93.4M | 70.9M | 67.2M | 63.9M | |
Total Stockholder Equity | 557.6M | 597.0M | 582.6M | 475.3M | 528.0M | 333.6M | |
Property Plant And Equipment Net | 62.6M | 62.1M | 69.5M | 66.1M | 67.3M | 42.0M | |
Net Debt | (47.3M) | (541.4M) | (573.5M) | (139.6M) | 31.8M | 30.2M | |
Retained Earnings | 492.1M | 521.1M | 559.1M | 614.8M | 663.7M | 696.9M | |
Cash | 127.4M | 657.5M | 682.8M | 220.0M | 76.8M | 127.8M | |
Non Current Assets Total | 1.1B | 1.2B | 1.5B | 159.8M | 1.4B | 770.9M | |
Non Currrent Assets Other | (1.1B) | (1.2B) | (1.5B) | (1.3B) | (1.4B) | (1.3B) | |
Other Assets | 1.9B | 1.7B | 1.6B | 4.8B | 3.3B | 2.7B | |
Cash And Short Term Investments | 1.1B | 1.7B | 2.0B | 1.6B | 77.0M | 73.2M | |
Net Receivables | 18.5M | 17.0M | 16.9M | 21.3M | 24.9M | 15.2M | |
Common Stock Shares Outstanding | 12.9M | 13.7M | 13.2M | 12.2M | 11.9M | 10.4M | |
Liabilities And Stockholders Equity | 4.0B | 4.6B | 5.2B | 5.0B | 4.9B | 2.8B | |
Non Current Liabilities Total | 31.0M | 11.7M | 15.9M | 4.4B | 4.3B | 4.5B | |
Other Stockholder Equity | 71.0M | 64.1M | 23.9M | (1.6M) | (10.7M) | (10.1M) | |
Total Liab | 3.5B | 4.0B | 4.6B | 4.5B | 4.3B | 2.5B | |
Property Plant And Equipment Gross | 62.6M | 62.1M | 143.4M | 134.9M | 137.7M | 144.6M | |
Total Current Assets | 1.1B | 1.7B | 2.1B | 21.3M | 101.9M | 96.8M | |
Short Term Debt | 80.1M | 116.1M | 93.4M | 70.9M | 67.2M | 53.0M | |
Accumulated Other Comprehensive Income | (7.5M) | 9.8M | (2.4M) | (140.0M) | (127.1M) | (120.7M) | |
Common Stock Total Equity | 2.0M | 2.0M | 2.0M | 2.0M | 2.3M | 1.9M | |
Common Stock | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | 1.9M | |
Other Liab | 73.2M | 82.7M | 69.3M | 58.8M | 67.6M | 63.9M | |
Accounts Payable | 3.3B | 3.8B | 4.4B | 4.4B | 5.0B | 5.3B | |
Short Term Investments | 926.7M | 1.0B | 1.4B | 1.3B | 1.3B | 1.3B | |
Treasury Stock | (68.6M) | (76.7M) | (118.1M) | (144.8M) | (130.3M) | (123.8M) | |
Property Plant Equipment | 62.6M | 62.1M | 69.5M | 66.1M | 76.1M | 47.5M | |
Other Current Assets | 157.1M | 675.7M | 700.2M | (1.6B) | 102.0M | 96.9M | |
Intangible Assets | 10.6M | 9.0M | 8.0M | 6.7M | 5.6M | 5.4M | |
Inventory | (157.1M) | (675.7M) | (700.2M) | 337K | 51.9M | 54.5M | |
Net Tangible Assets | 468.4M | 509.4M | 488.4M | 381.6M | 438.8M | 437.6M | |
Retained Earnings Total Equity | 492.1M | 521.1M | 559.1M | 614.8M | 707.1M | 452.4M | |
Capital Surpluse | 139.7M | 140.8M | 142.0M | 143.2M | 164.7M | 107.9M | |
Long Term Investments | 3.6M | 1.0M | 1.4B | 1.3B | 1.3B | 1.3B | |
Non Current Liabilities Other | 159.3M | 198.7M | 167.0M | 135.5M | 122.0M | 128.3M |
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When determining whether First Financial is a strong investment it is important to analyze First Financial'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 First Financial's future performance. For an informed investment choice regarding First 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 First 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. For more detail on how to invest in First Stock please use our How to Invest in First Financial guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 First Financial. If investors know First 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 First Financial 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 (0.46) | Dividend Share 1.8 | Earnings Share 3.69 | Revenue Per Share 16.113 | Quarterly Revenue Growth (0.05) |
The market value of First Financial is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial'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 First Financial's market value can be influenced by many factors that don't directly affect First Financial'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 First Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial'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.