First Income Before Tax vs Other Operating Expenses Analysis

FNWB Stock  USD 10.74  0.24  2.29%   
First Northwest financial indicator trend analysis is much more than just examining First Northwest Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Northwest Bancorp is a good investment. Please check the relationship between First Northwest Income Before Tax and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Northwest Bancorp Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Northwest's Income Before Tax and Other Operating Expenses is 0.84. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of First Northwest Bancorp, assuming nothing else is changed. The correlation between historical values of First Northwest's Income Before Tax and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of First Northwest Bancorp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., First Northwest's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on First Northwest income statement and is an important metric when analyzing First Northwest Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Northwest Bancorp. It is also known as First Northwest overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from First Northwest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Northwest Bancorp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At present, First Northwest's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 74.88, whereas Selling General Administrative is forecasted to decline to about 2.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit80.2M64.1M112.3M118.0M
Total Revenue80.2M64.1M112.3M118.0M

First Northwest fundamental ratios Correlations

-0.88-0.50.430.26-0.43-0.78-0.18-0.86-0.05-0.76-0.61-0.58-0.28-0.67-0.91-0.610.4-0.88-0.83-0.41-0.75-0.690.71-0.570.9
-0.880.57-0.21-0.050.520.940.330.970.220.740.60.590.20.790.840.59-0.451.00.820.210.740.74-0.650.56-0.87
-0.50.570.420.550.390.590.920.580.840.620.760.78-0.320.50.710.71-0.440.560.66-0.290.620.52-0.230.37-0.54
0.43-0.210.420.860.16-0.130.56-0.260.820.020.080.1-0.480.04-0.20.01-0.15-0.23-0.16-0.56-0.170.020.4-0.350.19
0.26-0.050.550.860.27-0.110.7-0.090.75-0.09-0.04-0.01-0.120.15-0.1-0.12-0.38-0.08-0.1-0.36-0.120.210.240.080.17
-0.430.520.390.160.270.40.210.360.30.370.260.190.140.740.420.19-0.870.460.340.370.110.79-0.820.21-0.47
-0.780.940.59-0.13-0.110.40.360.920.320.80.740.73-0.060.670.80.74-0.290.940.84-0.030.760.57-0.520.38-0.85
-0.180.330.920.560.70.210.360.370.860.340.580.63-0.360.260.440.53-0.330.320.45-0.490.440.250.020.38-0.21
-0.860.970.58-0.26-0.090.360.920.370.20.730.620.630.210.690.850.62-0.310.980.880.170.830.65-0.530.63-0.83
-0.050.220.840.820.750.30.320.860.20.450.590.61-0.570.310.330.53-0.30.20.35-0.550.320.280.1-0.04-0.25
-0.760.740.620.02-0.090.370.80.340.730.450.850.81-0.220.650.850.84-0.160.740.890.070.840.62-0.430.15-0.91
-0.610.60.760.08-0.040.260.740.580.620.590.850.99-0.550.450.820.99-0.160.60.79-0.260.760.37-0.330.12-0.71
-0.580.590.780.1-0.010.190.730.630.630.610.810.99-0.550.390.810.99-0.130.60.79-0.320.780.31-0.270.17-0.68
-0.280.2-0.32-0.48-0.120.14-0.06-0.360.21-0.57-0.22-0.55-0.550.11-0.02-0.55-0.220.20.010.67-0.020.28-0.30.58-0.06
-0.670.790.50.040.150.740.670.260.690.310.650.450.390.110.650.4-0.630.760.60.460.420.85-0.660.29-0.74
-0.910.840.71-0.2-0.10.420.80.440.850.330.850.820.81-0.020.650.81-0.350.840.890.170.860.68-0.590.48-0.88
-0.610.590.710.01-0.120.190.740.530.620.530.840.990.99-0.550.40.81-0.10.60.79-0.260.770.31-0.310.12-0.71
0.4-0.45-0.44-0.15-0.38-0.87-0.29-0.33-0.31-0.3-0.16-0.16-0.13-0.22-0.63-0.35-0.1-0.4-0.25-0.320.01-0.620.72-0.370.35
-0.881.00.56-0.23-0.080.460.940.320.980.20.740.60.60.20.760.840.6-0.40.830.190.760.7-0.60.56-0.86
-0.830.820.66-0.16-0.10.340.840.450.880.350.890.790.790.010.60.890.79-0.250.830.120.930.57-0.50.53-0.88
-0.410.21-0.29-0.56-0.360.37-0.03-0.490.17-0.550.07-0.26-0.320.670.460.17-0.26-0.320.190.12-0.010.46-0.570.28-0.28
-0.750.740.62-0.17-0.120.110.760.440.830.320.840.760.78-0.020.420.860.770.010.760.93-0.010.47-0.280.49-0.78
-0.690.740.520.020.210.790.570.250.650.280.620.370.310.280.850.680.31-0.620.70.570.460.47-0.680.35-0.71
0.71-0.65-0.230.40.24-0.82-0.520.02-0.530.1-0.43-0.33-0.27-0.3-0.66-0.59-0.310.72-0.6-0.5-0.57-0.28-0.68-0.410.62
-0.570.560.37-0.350.080.210.380.380.63-0.040.150.120.170.580.290.480.12-0.370.560.530.280.490.35-0.41-0.29
0.9-0.87-0.540.190.17-0.47-0.85-0.21-0.83-0.25-0.91-0.71-0.68-0.06-0.74-0.88-0.710.35-0.86-0.88-0.28-0.78-0.710.62-0.29
Click cells to compare fundamentals

First Northwest Account Relationship Matchups

First Northwest fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding9.4M9.2M9.1M8.9M8.8M8.7M
Total Assets1.7B1.9B2.0B2.2B2.5B1.4B
Short Long Term Debt Total170.0M119.3M285.4M320.9M369.1M387.5M
Other Current Liab(60.0M)(393K)(166.5M)29.5M26.6M15.5M
Total Current Liabilities60.0M393K166.5M32.9M29.6M28.2M
Total Stockholder Equity186.4M191.0M161.6M163.3M187.8M166.1M
Property Plant And Equipment Net14.8M19.8M18.1M24.1M27.7M16.5M
Net Debt44.8M(6.7M)239.8M197.8M227.4M238.8M
Retained Earnings92.7M103.0M114.4M107.3M123.5M94.1M
Accounts Payable53K393K455K3.4M3.9M4.1M
Cash65.2M126.0M45.6M123.2M141.6M148.7M
Non Current Assets Total381.2M372.1M363.9M2.1B2.4B2.5B
Non Currrent Assets Other(381.2M)(372.1M)(14.1M)1.7B2.0B2.1B
Other Assets836.7M1.1B1.3B1.01.151.09
Cash And Short Term Investments429.5M470.2M372.2M418.8M481.6M338.9M
Net Receivables7.0M5.3M6.7M7.9M9.1M9.5M
Liabilities And Stockholders Equity1.7B1.9B2.0B2.2B2.5B1.4B
Other Current Assets72.1M131.3M52.3M131.1M118.0M130.0M
Total Liab1.5B1.7B1.9B2.0B2.3B1.2B
Property Plant And Equipment Gross14.8M35.6M34.8M35.6M41.0M43.0M
Total Current Assets436.4M475.5M378.9M131.1M150.7M295.9M
Accumulated Other Comprehensive Income5.4M288K(40.5M)(39.9M)(35.9M)(34.1M)
Intangible Assets2.1M3.3M3.9M3.8M4.4M4.6M
Short Term Investments364.3M344.2M326.6M295.6M340.0M305.9M
Long Term Debt110.0M119.3M285.4M119.4M137.4M133.4M
Inventory(72.1M)(131.3M)(52.3M)(131.1M)(118.0M)(112.1M)
Property Plant Equipment14.3M18.7M19.8M18.1M20.8M16.3M
Net Tangible Assets176.9M186.4M189.8M160.5M184.6M187.2M
Other Stockholder Equity88.2M87.6M87.6M95.8M110.2M86.3M
Long Term Investments364.3M344.2M340.9M310.4M279.4M479.1M
Short Long Term Debt60.0M0.0166M201.5M231.7M243.3M
Short Term Debt60.0M831K166M201.5M231.7M243.3M
Common Stock102K100K97K96K86.4K91.1K
Common Stock Total Equity107K102K100K97K87.3K91.1K
Retained Earnings Total Equity86.2M92.7M103.0M114.4M131.6M97.2M

Also Currently Popular

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 First Northwest Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Northwest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Northwest Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Northwest Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 Northwest. 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 Northwest 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
(0.19)
Dividend Share
0.28
Earnings Share
(0.75)
Revenue Per Share
5.773
Quarterly Revenue Growth
0.013
The market value of First Northwest Bancorp 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 Northwest's value that differs from its market value or its book value, called intrinsic value, which is First Northwest'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 Northwest's market value can be influenced by many factors that don't directly affect First Northwest'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 Northwest's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Northwest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Northwest'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.