First Historical Cash Flow
| FRME Stock | USD 43.59 0.41 0.95% |
Analysis of First Merchants cash flow over time is an excellent tool to project First Merchants future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Cashflows From Financing Activities of 564.6 M or Depreciation of 12.3 M as it is a great indicator of First Merchants ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining First Merchants latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Merchants is a good buy for the upcoming year.
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About First Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in First balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which First's non-liquid assets can be easily converted into cash.
First Merchants Cash Flow Chart
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Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in First Merchants financial statement analysis. It represents the amount of money remaining after all of First Merchants operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from First Merchants' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into First Merchants current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Merchants' Other Cashflows From Financing Activities is projected to increase significantly based on the last few years of reporting. The current year's Depreciation is expected to grow to about 12.3 M, whereas Change In Working Capital is projected to grow to (4.2 M).
First Merchants cash flow statement Correlations
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First Merchants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Merchants cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 38.0M | 15.7M | (25.8M) | (44.6M) | (9.9M) | (9.4M) | |
| Free Cash Flow | (134.0M) | 204.8M | 143.1M | 268.0M | 258.8M | 271.8M | |
| Change In Working Capital | (8.1M) | (13.6M) | (8.6M) | (22.2M) | (4.4M) | (4.2M) | |
| Begin Period Cash Flow | 139.2M | 177.2M | 192.9M | 167.1M | 122.6M | 105.8M | |
| Other Cashflows From Financing Activities | 1.6B | 2.1B | 1.4B | 1.5B | 440.6M | 564.6M | |
| Depreciation | 9.4M | 11.0M | 10.7M | 11.8M | 11.7M | 12.3M | |
| Other Non Cash Items | 3.6M | 63.9M | (12.0M) | 42.6M | 16.0M | 14.0M | |
| Dividends Paid | 51.3M | 56.5M | 61.2M | 74.2M | 81.9M | 86.0M | |
| Total Cash From Operating Activities | 178.4M | 204.8M | 207.4M | 268.0M | 258.8M | 271.8M | |
| Net Income | 164.5M | 148.6M | 205.5M | 222.1M | 223.8M | 235.0M | |
| Total Cash From Financing Activities | 865.9M | 1.4B | 1.2B | 133.8M | 75.6M | 71.9M | |
| End Period Cash Flow | 177.2M | 192.9M | 167.1M | 122.6M | 112.6M | 116.4M | |
| Stock Based Compensation | 4.1M | 4.6M | 4.8M | 4.7M | 5.2M | 5.4M | |
| Change To Liabilities | 1.1M | (3.5M) | (525K) | 3.7M | 3.3M | 3.5M | |
| Change To Account Receivables | (4.7M) | (5.0M) | (3.2M) | (20.7M) | (12.6M) | (12.0M) | |
| Sale Purchase Of Stock | (1.9M) | (20.7M) | (56.9M) | (25.4M) | 3.1M | 0.0 | |
| Total Cashflows From Investing Activities | (1.0B) | (1.6B) | (1.5B) | (446.4M) | (401.8M) | (421.9M) | |
| Other Cashflows From Investing Activities | 4.5M | (22K) | (8.4M) | 70.1M | 80.6M | 84.6M | |
| Investments | (1.0B) | (1.6B) | (1.5B) | (595.8M) | (275.6M) | (289.4M) | |
| Change Receivables | (4.7M) | (5.0M) | (3.2M) | (20.7M) | (18.6M) | (17.7M) | |
| Net Borrowings | (43.9M) | (47.8M) | (50.7M) | 485.5M | 558.3M | 586.2M | |
| Cash And Cash Equivalents Changes | 38.0M | 15.7M | (25.8M) | (44.6M) | (40.1M) | (38.1M) | |
| Change To Netincome | 18.8M | 81.5M | 19.0M | (199.7M) | (179.8M) | (170.8M) | |
| Cash Flows Other Operating | (10.6M) | (27.8M) | (24.1M) | (11.5M) | (10.4M) | (9.9M) | |
| Change To Operating Activities | (3.4M) | (8.5M) | (5.4M) | (1.5M) | (1.4M) | (1.4M) | |
| Issuance Of Capital Stock | 1.5M | 1.7M | 1.9M | 2.1M | 2.1M | 1.9M |
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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 First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 Merchants. 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 Merchants 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 (0.11) | Dividend Share 1.38 | Earnings Share 3.01 | Revenue Per Share 10.11 | Quarterly Revenue Growth (0.05) |
The market value of First Merchants 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 Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' 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 Merchants' market value can be influenced by many factors that don't directly affect First Merchants' 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 Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' 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.