First Total Current Liabilities vs Total Stockholder Equity Analysis

FRBA Stock  USD 14.69  0.07  0.48%   
First Bank financial indicator trend analysis is much more than just examining First Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bank is a good investment. Please check the relationship between First Bank Total Current Liabilities and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bank Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Bank's Total Current Liabilities and Total Stockholder Equity is 0.69. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of First Bank, assuming nothing else is changed. The correlation between historical values of First Bank's Total Current Liabilities and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of First Bank are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., First Bank's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on First Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Bank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from First Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bank 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 Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bank's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.53, whereas Selling General Administrative is forecasted to decline to about 18.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit89.6M97.5M173.2M181.9M
Total Revenue89.6M97.5M95.9M53.5M

First Bank fundamental ratios Correlations

1.00.67-0.640.940.260.950.79-0.311.00.870.920.720.910.330.970.70.850.830.870.690.930.050.850.90.09
1.00.69-0.630.920.290.940.79-0.330.990.890.930.690.90.340.960.680.830.830.890.660.940.060.840.910.1
0.670.69-0.530.620.570.540.81-0.680.660.750.540.160.430.040.640.160.460.850.780.140.670.110.580.770.09
-0.64-0.63-0.53-0.5-0.48-0.67-0.730.33-0.64-0.66-0.59-0.25-0.46-0.51-0.55-0.16-0.43-0.69-0.69-0.13-0.63-0.49-0.76-0.65-0.49
0.940.920.62-0.50.020.860.7-0.20.940.720.770.820.910.050.950.810.80.790.690.790.79-0.110.720.78-0.06
0.260.290.57-0.480.020.220.65-0.780.250.550.31-0.48-0.140.460.19-0.470.080.530.62-0.490.420.390.40.480.32
0.950.940.54-0.670.860.220.68-0.180.950.850.90.710.90.530.860.690.830.730.840.690.920.150.90.830.2
0.790.790.81-0.730.70.650.68-0.640.790.850.660.240.50.210.80.220.570.970.860.190.750.240.750.880.21
-0.31-0.33-0.680.33-0.2-0.78-0.18-0.64-0.31-0.46-0.380.350.06-0.01-0.340.360.03-0.63-0.530.38-0.310.21-0.29-0.540.27
1.00.990.66-0.640.940.250.950.79-0.310.870.920.720.910.320.970.710.860.830.870.690.930.040.850.890.09
0.870.890.75-0.660.720.550.850.85-0.460.870.840.40.680.510.790.410.740.860.980.390.930.240.920.950.24
0.920.930.54-0.590.770.310.90.66-0.380.920.840.590.830.480.870.570.730.70.860.560.88-0.070.820.87-0.02
0.720.690.16-0.250.82-0.480.710.240.350.720.40.590.930.040.720.990.760.350.350.980.56-0.130.50.44-0.03
0.910.90.43-0.460.91-0.140.90.50.060.910.680.830.930.250.880.910.860.580.660.90.81-0.030.720.710.05
0.330.340.04-0.510.050.460.530.21-0.010.320.510.480.040.250.120.030.380.130.530.040.550.550.60.320.57
0.970.960.64-0.550.950.190.860.8-0.340.970.790.870.720.880.120.70.780.840.790.680.83-0.090.740.88-0.05
0.70.680.16-0.160.81-0.470.690.220.360.710.410.570.990.910.030.70.790.330.351.00.58-0.150.470.43-0.06
0.850.830.46-0.430.80.080.830.570.030.860.740.730.760.860.380.780.790.590.730.780.860.190.730.640.25
0.830.830.85-0.690.790.530.730.97-0.630.830.860.70.350.580.130.840.330.590.860.30.760.080.80.920.07
0.870.890.78-0.690.690.620.840.86-0.530.870.980.860.350.660.530.790.350.730.860.330.930.250.90.940.26
0.690.660.14-0.130.79-0.490.690.190.380.690.390.560.980.90.040.681.00.780.30.330.57-0.160.460.4-0.06
0.930.940.67-0.630.790.420.920.75-0.310.930.930.880.560.810.550.830.580.860.760.930.570.240.860.850.28
0.050.060.11-0.49-0.110.390.150.240.210.040.24-0.07-0.13-0.030.55-0.09-0.150.190.080.25-0.160.240.260.050.99
0.850.840.58-0.760.720.40.90.75-0.290.850.920.820.50.720.60.740.470.730.80.90.460.860.260.870.27
0.90.910.77-0.650.780.480.830.88-0.540.890.950.870.440.710.320.880.430.640.920.940.40.850.050.870.05
0.090.10.09-0.49-0.060.320.20.210.270.090.24-0.02-0.030.050.57-0.05-0.060.250.070.26-0.060.280.990.270.05
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First Bank Account Relationship Matchups

First Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.5B2.7B3.6B3.8B
Total Stockholder Equity226.4M238.1M266.7M289.6M370.9M389.4M
Other Liab7.2M5.3M17.2M6.7M7.7M5.3M
Accounts Payable1.1M561K399K1.2M2.8M2.7M
Cash47.9M99.8M156.7M113.6M215.2M225.9M
Other Assets1.8B2.0B2.1B2.3B(731K)(694.5K)
Long Term Debt127.4M190.6M111.5M120.7M234.4M246.1M
Short Term Investments47.5M61.7M94.6M99.0M74.3M56.0M
Inventory(94.1M)(107.2M)(163.1M)(135.4M)24.7M25.9M
Total Liab1.8B2.1B2.2B2.4B3.2B3.4B
Common Stock101.9M103.1M103.7M104.5M134.6M81.6M
Property Plant Equipment20.1M17.9M9.9M17.6M20.2M21.2M
Total Current Liabilities1.1M561K399K1.2M507.4M532.8M
Property Plant And Equipment Net11.9M10.7M9.9M10.6M31.9M33.4M
Net Debt79.6M90.8M(45.2M)7.0M19.2M29.7M
Retained Earnings46.4M63.4M95.9M127.5M140.6M147.6M
Non Current Assets Total130.7M134.6M172.0M184.5M3.4B3.5B
Non Currrent Assets Other(10.7M)(12.1M)(11.4M)(13.4M)3.0B3.2B
Cash And Short Term Investments95.3M161.6M251.3M212.6M215.2M124.7M
Common Stock Shares Outstanding19.4M20.0M19.8M19.7M22.1M15.8M
Non Current Liabilities Total127.4M190.6M111.5M1.2M2.7B2.9B
Other Stockholder Equity78.1M70.7M67.2M64.9M101.5M106.6M
Total Current Assets100.2M168.4M256.9M220.7M243.7M231.5M
Accumulated Other Comprehensive Income27K839K(206K)(7.3M)(5.7M)(5.4M)
Short Long Term Debt Total127.4M190.6M111.5M120.7M234.4M121.9M
Liabilities And Stockholders Equity2.0B2.3B2.5B2.7B3.6B1.9B
Net Tangible Assets208.1M220.1M246.7M270.2M310.7M182.8M
Other Current Assets94.1M107.2M163.1M135.4M243.7M398.2M
Long Term Investments100.5M105.8M142.2M154.5M149.9M127.6M
Short Term Debt32.9M20.4M65.8M70.3M144.6M151.9M
Intangible Assets2.1M1.7M2.1M1.6M10.8M11.4M
Other Current Liab(1.1M)(561K)(399K)(1.2M)504.6M529.8M
Net Receivables4.8M6.8M5.7M8.2M14.8M15.5M
Common Stock Total Equity87.0M93.1M101.9M103.1M118.6M89.7M
Property Plant And Equipment Gross11.9M10.7M18.9M20.8M33.6M35.3M
Current Deferred Revenue(31.8M)(19.3M)(65.2M)(69.0M)(2.8M)(3.0M)

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 Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bank'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 Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bank Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 Bank. 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 Bank 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
0.257
Dividend Share
0.24
Earnings Share
1.61
Revenue Per Share
4.921
Quarterly Revenue Growth
0.4
The market value of First Bank 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is First Bank'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 Bank's market value can be influenced by many factors that don't directly affect First Bank'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 Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bank'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.