First Short Term Investments vs Earning Assets Analysis

MYFW Stock  USD 19.19  0.19  1.00%   
First Western financial indicator trend analysis is much more than just examining First Western Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Western Financial is a good investment. Please check the relationship between First Western Short Term Investments and its Earning Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Western 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.

Short Term Investments vs Earning Assets

Short Term Investments vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Western Financial Short Term Investments account and Earning Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between First Western's Short Term Investments and Earning Assets is 0.39. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Earning Assets in the same time period over historical financial statements of First Western Financial, assuming nothing else is changed. The correlation between historical values of First Western's Short Term Investments 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 Short Term Investments of First Western 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 Short Term Investments i.e., First Western's Short Term Investments and Earning Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of First Western balance sheet. It contains any investments First Western Financial undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that First Western Financial can easily liquidate in the marketplace.

Earning Assets

Most indicators from First Western's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Western 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Western 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.
At this time, First Western's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 12.14 in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.50 in 2025.
 2022 2023 2024 2025 (projected)
Interest Income100.1M138.8M159.6M167.6M
Net Interest Income82.8M75.3M86.6M46.1M

First Western fundamental ratios Correlations

0.870.380.731.00.440.990.84-0.460.940.730.890.650.68-0.10.780.70.280.850.880.480.840.660.98-0.9-0.69
0.870.440.650.840.160.830.68-0.040.820.650.650.570.58-0.060.740.460.430.750.850.470.80.570.77-0.66-0.66
0.380.44-0.040.390.050.40.180.060.36-0.040.22-0.18-0.160.660.390.08-0.020.290.31-0.170.32-0.190.35-0.26-0.3
0.730.65-0.040.740.120.70.93-0.210.841.00.560.990.99-0.680.870.40.430.720.820.90.860.990.74-0.62-0.47
1.00.840.390.740.461.00.85-0.490.940.740.890.660.68-0.110.790.710.260.860.880.490.840.660.99-0.9-0.67
0.440.160.050.120.460.450.39-0.880.430.120.760.10.120.250.180.85-0.040.490.17-0.020.380.110.48-0.73-0.18
0.990.830.40.71.00.450.82-0.490.920.70.890.620.65-0.070.760.70.230.830.870.440.810.620.99-0.89-0.69
0.840.680.180.930.850.390.82-0.440.930.930.750.890.9-0.450.940.630.440.870.860.820.960.890.86-0.78-0.49
-0.46-0.040.06-0.21-0.49-0.88-0.49-0.44-0.43-0.21-0.78-0.21-0.23-0.05-0.18-0.860.19-0.43-0.19-0.08-0.33-0.21-0.540.730.24
0.940.820.360.840.940.430.920.93-0.430.840.830.770.79-0.20.880.650.250.820.860.620.930.770.93-0.89-0.68
0.730.65-0.041.00.740.120.70.93-0.210.840.560.990.99-0.680.870.40.430.720.820.90.860.990.74-0.62-0.47
0.890.650.220.560.890.760.890.75-0.780.830.560.510.530.00.60.940.140.80.680.350.740.510.9-0.96-0.58
0.650.57-0.180.990.660.10.620.89-0.210.770.990.511.0-0.780.820.370.460.680.770.930.811.00.67-0.55-0.4
0.680.58-0.160.990.680.120.650.9-0.230.790.990.531.0-0.760.810.380.420.680.770.910.811.00.69-0.58-0.42
-0.1-0.060.66-0.68-0.110.25-0.07-0.45-0.05-0.2-0.680.0-0.78-0.76-0.350.03-0.42-0.21-0.34-0.79-0.3-0.78-0.140.010.0
0.780.740.390.870.790.180.760.94-0.180.880.870.60.820.81-0.350.450.540.840.890.810.960.80.78-0.63-0.46
0.70.460.080.40.710.850.70.63-0.860.650.40.940.370.380.030.450.140.70.510.290.630.380.71-0.86-0.46
0.280.43-0.020.430.26-0.040.230.440.190.250.430.140.460.42-0.420.540.140.570.590.620.510.450.24-0.070.04
0.850.750.290.720.860.490.830.87-0.430.820.720.80.680.68-0.210.840.70.570.840.620.880.670.87-0.72-0.29
0.880.850.310.820.880.170.870.86-0.190.860.820.680.770.77-0.340.890.510.590.840.720.880.760.87-0.68-0.64
0.480.47-0.170.90.49-0.020.440.82-0.080.620.90.350.930.91-0.790.810.290.620.620.720.770.920.49-0.35-0.28
0.840.80.320.860.840.380.810.96-0.330.930.860.740.810.81-0.30.960.630.510.880.880.770.810.82-0.77-0.54
0.660.57-0.190.990.660.110.620.89-0.210.770.990.511.01.0-0.780.80.380.450.670.760.920.810.67-0.56-0.41
0.980.770.350.740.990.480.990.86-0.540.930.740.90.670.69-0.140.780.710.240.870.870.490.820.67-0.89-0.62
-0.9-0.66-0.26-0.62-0.9-0.73-0.89-0.780.73-0.89-0.62-0.96-0.55-0.580.01-0.63-0.86-0.07-0.72-0.68-0.35-0.77-0.56-0.890.69
-0.69-0.66-0.3-0.47-0.67-0.18-0.69-0.490.24-0.68-0.47-0.58-0.4-0.420.0-0.46-0.460.04-0.29-0.64-0.28-0.54-0.41-0.620.69
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First Western Account Relationship Matchups

First Western fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.5B2.9B3.0B3.4B2.0B
Short Long Term Debt Total173.9M77.7M199.0M178.1M204.8M105.8M
Other Current Liab2.4M14.3M142.5M(3.8M)(4.4M)(4.1M)
Total Current Liabilities453K355K1.1M3.8M4.4M4.6M
Total Stockholder Equity155.0M219.0M240.9M242.7M279.1M178.7M
Other Liab6.8M10.5M24.7M9.3M10.8M12.1M
Net Tangible Assets108.0M130.7M187.1M208.8M240.1M137.0M
Property Plant And Equipment Net5.3M24.0M25.1M34.2M39.3M41.3M
Net Debt17.9M(307.8M)2.5M(76.4M)(68.8M)(72.2M)
Retained Earnings9.6M30.2M51.9M51.0M58.7M61.6M
Accounts Payable453K355K1.1M3.8M4.4M4.6M
Cash156.0M385.5M196.5M254.4M292.6M167.3M
Non Current Assets Total68.8M114.7M145.4M2.7B3.1B3.3B
Non Currrent Assets Other(6.1M)(6.8M)(6.9M)2.4B2.7B2.9B
Other Assets1.7B2.0B2.5B(6.4M)(7.3M)(7.0M)
Long Term Debt24.3M77.7M199.0M178.1M204.8M215.0M
Cash And Short Term Investments192.7M441.7M196.5M254.4M292.6M215.1M
Net Receivables12.9M14.4M17.3M21.0M24.1M16.7M
Good Will19.7M24.2M30.6M30.4M35.0M28.8M
Common Stock Shares Outstanding8.0M8.2M9.7M9.7M11.2M9.1M
Short Term Investments36.7M56.2M81.1M184.5M212.2M222.8M
Liabilities And Stockholders Equity2.0B2.5B2.9B3.0B3.4B2.0B
Non Current Liabilities Total173.9M77.7M1.1M2.7B3.1B3.3B
Capital Surpluse142.8M144.7M188.6M190.5M219.1M166.9M
Inventory(169.1M)(401.5M)(213.8M)(275.4M)(247.9M)(235.5M)
Other Current Assets169.1M401.5M213.8M275.4M247.9M343.3M
Other Stockholder Equity144.7M188.6M190.5M192.9M221.8M172.5M
Total Liab1.8B2.3B2.6B2.7B3.1B1.8B
Long Term Investments1.7B58.8M88.2M81.3M93.4M88.8M
Property Plant And Equipment Gross5.3M34.8M35.9M38.1M43.8M46.0M
Total Current Assets205.6M456.1M213.8M275.4M247.9M396.7M
Accumulated Other Comprehensive Income680K223K(1.5M)(1.2M)(1.1M)(1.0M)
Short Term Debt3.3M15M144.7M125.7M144.5M151.8M
Intangible Assets67K31.9M32.1M1.5M1.7M1.6M
Property Plant Equipment15.5M5.3M24.0M25.1M28.9M30.3M
Net Invested Capital328.8M77.7M199.0M420.8M483.9M508.1M
Retained Earnings Total Equity(15.0M)9.6M30.2M51.9M59.7M62.7M

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