First Capex To Revenue vs Payout Ratio Analysis

FR Stock

USD 50.37 0.67 1.31%

First Industrial financial indicator trend analysis is much more than just examining First Industrial Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Industrial Realty is a good investment. Please check the relationship between First Industrial Capex To Revenue and its Payout Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Capex To Revenue vs Payout Ratio

Capex To Revenue vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Industrial Realty Capex To Revenue account and Payout Ratio. At this time, the significance of the direction appears to have very week relationship.

The correlation between First Industrial's Capex To Revenue and Payout Ratio is 0.28. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of First Industrial Realty, assuming nothing else is changed. The correlation between historical values of First Industrial's Capex To Revenue and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of First Industrial Realty are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Capex To Revenue i.e., First Industrial's Capex To Revenue and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

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Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Payout Ratio

Payout Ratio is the proportion of First Industrial Realty earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of First Industrial Realty dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating First Industrial Realty is paying out more in dividends than it makes in net income.

Most indicators from First Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Industrial Realty 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 Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, First Industrial's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/28/2024, Enterprise Value is likely to grow to about 9.6 B, while Selling General Administrative is likely to drop slightly above 33.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	345.0M	396.3M	444.7M	305.8M
Total Revenue	476.3M	539.9M	614.0M	396.4M

Gross Profit Total Revenue

First Industrial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Total Current Assets	Common Stock	Other Liab	Long Term Debt	Short Term Investments
Total Assets		0.95	0.98	-0.28	0.93	0.41	0.4	0.4	0.81	0.95	0.89	0.97	-0.28	0.52	0.44	-0.32	0.61	0.99	0.61	0.77	0.85	0.7	0.81	0.09	0.79	0.28
Short Long Term Debt Total	0.95		0.88	-0.17	0.97	0.26	0.4	0.39	0.79	0.98	0.89	0.99	-0.17	0.64	0.37	-0.47	0.58	0.94	0.58	0.7	0.84	0.6	0.8	-0.1	0.75	0.15
Total Stockholder Equity	0.98	0.88		-0.33	0.84	0.45	0.36	0.44	0.8	0.88	0.87	0.9	-0.33	0.42	0.44	-0.21	0.67	0.97	0.67	0.73	0.83	0.77	0.79	0.2	0.76	0.41
Property Plant And Equipment Net	-0.28	-0.17	-0.33		-0.15	-0.15	-0.49	-0.09	-0.44	-0.11	-0.32	-0.2	1.0	-0.03	-0.54	0.05	-0.2	-0.23	-0.2	-0.59	-0.4	-0.51	-0.41	-0.11	-0.13	-0.2
Net Debt	0.93	0.97	0.84	-0.15		0.22	0.41	0.24	0.77	0.97	0.84	0.99	-0.15	0.67	0.4	-0.51	0.4	0.93	0.4	0.69	0.83	0.5	0.78	-0.14	0.71	0.05
Retained Earnings	0.41	0.26	0.45	-0.15	0.22		0.14	0.35	-0.11	0.35	0.03	0.32	-0.15	-0.34	0.02	0.61	0.45	0.42	0.45	0.64	-0.07	0.24	-0.14	0.8	0.76	0.07
Non Currrent Assets Other	0.4	0.4	0.36	-0.49	0.41	0.14		-0.39	0.45	0.41	0.48	0.4	-0.49	0.63	0.09	-0.46	-0.01	0.36	-0.01	0.65	0.49	0.15	0.45	-0.26	0.21	0.29
Other Assets	0.4	0.39	0.44	-0.09	0.24	0.35	-0.39		0.21	0.33	0.33	0.35	-0.09	-0.22	0.23	0.26	0.89	0.37	0.89	0.22	0.17	0.65	0.2	0.36	0.54	0.14
Common Stock Shares Outstanding	0.81	0.79	0.8	-0.44	0.77	-0.11	0.45	0.21		0.72	0.95	0.78	-0.44	0.7	0.55	-0.64	0.43	0.78	0.43	0.52	0.98	0.72	1.0	-0.3	0.33	0.42
Non Current Liabilities Total	0.95	0.98	0.88	-0.11	0.97	0.35	0.41	0.33	0.72		0.83	0.98	-0.11	0.61	0.27	-0.41	0.53	0.95	0.53	0.72	0.79	0.52	0.73	-0.04	0.82	0.14
Other Stockholder Equity	0.89	0.89	0.87	-0.32	0.84	0.03	0.48	0.33	0.95	0.83		0.86	-0.32	0.74	0.44	-0.61	0.59	0.85	0.59	0.59	0.95	0.75	0.96	-0.26	0.5	0.47
Total Liab	0.97	0.99	0.9	-0.2	0.99	0.32	0.4	0.35	0.78	0.98	0.86		-0.2	0.61	0.43	-0.42	0.53	0.96	0.53	0.75	0.83	0.6	0.78	-0.04	0.78	0.13
Property Plant And Equipment Gross	-0.28	-0.17	-0.33	1.0	-0.15	-0.15	-0.49	-0.09	-0.44	-0.11	-0.32	-0.2		-0.03	-0.54	0.05	-0.2	-0.23	-0.2	-0.59	-0.4	-0.51	-0.41	-0.11	-0.13	-0.2
Other Current Liab	0.52	0.64	0.42	-0.03	0.67	-0.34	0.63	-0.22	0.7	0.61	0.74	0.61	-0.03		0.19	-0.93	0.05	0.48	0.05	0.34	0.72	0.22	0.74	-0.74	0.11	0.22
Total Current Liabilities	0.44	0.37	0.44	-0.54	0.4	0.02	0.09	0.23	0.55	0.27	0.44	0.43	-0.54	0.19		-0.2	0.18	0.39	0.18	0.44	0.5	0.6	0.55	0.02	0.1	-0.02
Accounts Payable	-0.32	-0.47	-0.21	0.05	-0.51	0.61	-0.46	0.26	-0.64	-0.41	-0.61	-0.42	0.05	-0.93	-0.2		0.11	-0.27	0.11	-0.12	-0.64	-0.11	-0.68	0.9	0.15	-0.08
Cash	0.61	0.58	0.67	-0.2	0.4	0.45	-0.01	0.89	0.43	0.53	0.59	0.53	-0.2	0.05	0.18	0.11		0.58	1.0	0.44	0.4	0.75	0.42	0.32	0.65	0.43
Non Current Assets Total	0.99	0.94	0.97	-0.23	0.93	0.42	0.36	0.37	0.78	0.95	0.85	0.96	-0.23	0.48	0.39	-0.27	0.58		0.58	0.73	0.83	0.63	0.77	0.14	0.8	0.24
Cash And Short Term Investments	0.61	0.58	0.67	-0.2	0.4	0.45	-0.01	0.89	0.43	0.53	0.59	0.53	-0.2	0.05	0.18	0.11	1.0	0.58		0.44	0.4	0.75	0.42	0.32	0.65	0.43
Net Receivables	0.77	0.7	0.73	-0.59	0.69	0.64	0.65	0.22	0.52	0.72	0.59	0.75	-0.59	0.34	0.44	-0.12	0.44	0.73	0.44		0.55	0.52	0.51	0.21	0.75	0.11
Common Stock Total Equity	0.85	0.84	0.83	-0.4	0.83	-0.07	0.49	0.17	0.98	0.79	0.95	0.83	-0.4	0.72	0.5	-0.64	0.4	0.83	0.4	0.55		0.65	0.98	-0.28	0.39	0.36
Total Current Assets	0.7	0.6	0.77	-0.51	0.5	0.24	0.15	0.65	0.72	0.52	0.75	0.6	-0.51	0.22	0.6	-0.11	0.75	0.63	0.75	0.52	0.65		0.7	0.14	0.47	0.59
Common Stock	0.81	0.8	0.79	-0.41	0.78	-0.14	0.45	0.2	1.0	0.73	0.96	0.78	-0.41	0.74	0.55	-0.68	0.42	0.77	0.42	0.51	0.98	0.7		-0.35	0.31	0.41
Other Liab	0.09	-0.1	0.2	-0.11	-0.14	0.8	-0.26	0.36	-0.3	-0.04	-0.26	-0.04	-0.11	-0.74	0.02	0.9	0.32	0.14	0.32	0.21	-0.28	0.14	-0.35		0.45	0.05
Long Term Debt	0.79	0.75	0.76	-0.13	0.71	0.76	0.21	0.54	0.33	0.82	0.5	0.78	-0.13	0.11	0.1	0.15	0.65	0.8	0.65	0.75	0.39	0.47	0.31	0.45		0.07
Short Term Investments	0.28	0.15	0.41	-0.2	0.05	0.07	0.29	0.14	0.42	0.14	0.47	0.13	-0.2	0.22	-0.02	-0.08	0.43	0.24	0.43	0.11	0.36	0.59	0.41	0.05	0.07

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First Industrial Account Relationship Matchups

First Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.8B	4.2B	5.0B	5.2B	3.1B
Short Long Term Debt Total	1.5B	1.9B	1.6B	2.1B	2.2B	1.5B
Total Stockholder Equity	1.8B	1.9B	2.2B	2.5B	2.6B	1.3B
Net Debt	1.5B	1.5B	1.6B	2.0B	2.2B	1.5B
Retained Earnings	(370.8M)	(306.3M)	(178.3M)	23.1M	127.7M	134.1M
Non Currrent Assets Other	3.1B	3.3B	3.8B	(532.8M)	4.9B	5.1B
Other Assets	128.3M	3.6B	291.01	4.6B	25.8M	24.5M
Common Stock Shares Outstanding	126.7M	127.9M	129.8M	132.1M	132.3M	79.2M
Liabilities And Stockholders Equity	3.5B	3.8B	4.2B	5.0B	5.2B	3.1B
Non Current Liabilities Total	1.4B	1.7B	1.7B	2.1B	2.4B	1.6B
Other Stockholder Equity	2.2B	2.6B	2.4B	2.4B	2.4B	1.7B
Total Liab	1.7B	1.8B	1.9B	2.4B	2.5B	1.8B
Other Current Liab	30.6M	33.7M	37.2M	(74.4M)	44.2M	42.2M
Total Current Liabilities	303.2M	154.0M	269.3M	363.1M	178.6M	197.1M
Accounts Payable	114.6M	120.3M	153.1M	194.0M	130.8M	133.6M
Cash	21.1M	162.1M	58.6M	133.2M	43.8M	34.1M
Non Current Assets Total	3.1B	3.4B	3.9B	4.5B	5.0B	2.7B
Cash And Short Term Investments	21.1M	162.1M	58.6M	133.2M	43.8M	34.1M
Net Receivables	86.2M	90.3M	103.8M	130.1M	155.0M	162.8M
Common Stock Total Equity	1.3M	1.3M	1.3M	1.3M	1.5M	855.3K
Total Current Assets	421.8M	424.9M	318.7M	475.3M	198.9M	143.6M
Accumulated Other Comprehensive Income	(6.9M)	(17.0M)	(4.2M)	33.4M	22.3M	23.4M
Common Stock	1.3M	1.3M	1.3M	1.3M	1.3M	876.7K
Other Liab	69.4M	73.2M	107.8M	115.3M	103.8M	75.0M
Long Term Debt	1.3B	1.6B	1.5B	1.9B	1.9B	1.7B
Other Current Assets	(239.0M)	(289.9M)	(162.6M)	11.9M	203.3M	213.4M
Inventory	59.5M	1.0	15.7M	318.8M	11.9M	0.95
Intangible Assets	28.5M	25.2M	21.3M	24.1M	21.5M	34.5M
Net Tangible Assets	1.7B	1.9B	2.0B	2.4B	2.8B	1.6B
Noncontrolling Interest In Consolidated Entity	33.9M	44.6M	53.6M	71.1M	64.0M	109.9M
Retained Earnings Total Equity	(370.8M)	(306.3M)	(178.3M)	23.1M	26.6M	27.9M
Long Term Debt Total	1.3B	1.6B	1.5B	1.9B	2.2B	1.5B
Capital Surpluse	2.1B	2.2B	2.4B	2.4B	2.8B	2.3B
Long Term Investments	18.2M	61.4M	36.0M	8.8M	44.7M	29.2M
Non Current Liabilities Other	34.3M	33.9M	31.8M	37.4M	43.0M	22.3M
Short Term Debt	158M	261.9M	79M	320K	3.6M	3.4M
Property Plant Equipment	3.0B	3.3B	3.8B	4.4B	5.1B	3.0B

Pair Trading with First Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.92

Realty Income

Pair Corr

Moving against First Stock

0.56	EQIX	Equinix	Pair Corr
0.56	AHR	American Healthcare REIT,	Pair Corr
0.42	PK	Park Hotels Resorts	Pair Corr
0.33	AKR	Acadia Realty Trust	Pair Corr
0.32	AHT	Ashford Hospitality Trust	Pair Corr

The ability to find closely correlated positions to First Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Industrial Realty to buy it.

The correlation of First Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Industrial Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for First Stock Analysis

When running First Industrial's price analysis, check to measure First Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.

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