1st Depreciation vs Dividends Paid Analysis

SRCE Stock  USD 58.64  1.01  1.69%   
1st Source financial indicator trend analysis is way more than just evaluating 1st Source prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1st Source is a good investment. Please check the relationship between 1st Source Depreciation and its Dividends Paid accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1st Source Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 1st Source's Depreciation and Dividends Paid is 0.45. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of 1st Source, assuming nothing else is changed. The correlation between historical values of 1st Source's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of 1st Source are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., 1st Source's Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of 1st Source value has been used up. For tax purposes 1st Source can deduct the cost of the tangible assets it purchases as business expenses. However, 1st Source must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from 1st Source's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 1st Source 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 World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.The current year's Enterprise Value is expected to grow to about 1.7 B, whereas Selling General Administrative is forecasted to decline to about 80 M.
 2021 2022 2023 2024 (projected)
Gross Profit336.7M354.7M363.4M216.7M
Total Revenue336.7M354.7M363.4M216.7M

1st Source fundamental ratios Correlations

0.240.330.67-0.1-0.010.56-0.02-0.37-0.130.50.490.140.35-0.550.160.230.380.78-0.340.240.240.04-0.02-0.230.49
0.240.48-0.260.080.820.240.320.73-0.010.45-0.630.280.580.18-0.841.00.44-0.030.120.750.75-0.650.950.50.54
0.330.480.210.820.50.340.850.390.0-0.21-0.050.72-0.070.44-0.460.470.580.180.730.620.62-0.350.42-0.02-0.14
0.67-0.260.210.11-0.30.650.03-0.580.060.120.870.36-0.02-0.420.45-0.270.420.93-0.130.020.020.1-0.46-0.480.05
-0.10.080.820.110.30.110.880.340.07-0.48-0.020.64-0.30.57-0.30.090.33-0.010.920.370.37-0.210.11-0.07-0.43
-0.010.820.5-0.30.30.310.630.91-0.070.14-0.680.580.330.52-0.960.820.47-0.170.440.930.93-0.60.790.450.25
0.560.240.340.650.110.310.25-0.06-0.130.250.380.510.22-0.21-0.10.230.850.7-0.030.560.56-0.530.04-0.360.22
-0.020.320.850.030.880.630.250.58-0.13-0.41-0.210.83-0.240.71-0.590.320.44-0.050.910.70.7-0.280.310.11-0.32
-0.370.730.39-0.580.340.91-0.060.580.06-0.05-0.860.440.190.7-0.960.730.21-0.480.550.720.72-0.510.810.580.08
-0.13-0.010.00.060.07-0.07-0.13-0.130.06-0.140.080.1-0.020.080.06-0.010.03-0.010.08-0.12-0.12-0.010.06-0.29-0.16
0.50.45-0.210.12-0.480.140.25-0.41-0.05-0.14-0.1-0.380.92-0.73-0.120.450.050.46-0.650.160.16-0.250.270.310.99
0.49-0.63-0.050.87-0.02-0.680.38-0.21-0.860.08-0.10.06-0.29-0.490.81-0.640.120.72-0.24-0.39-0.390.39-0.77-0.69-0.2
0.140.280.720.360.640.580.510.830.440.1-0.380.06-0.260.62-0.470.270.610.230.710.740.74-0.260.23-0.04-0.31
0.350.58-0.07-0.02-0.30.330.22-0.240.19-0.020.92-0.29-0.26-0.53-0.320.580.20.33-0.440.290.29-0.450.440.310.92
-0.550.180.44-0.420.570.52-0.210.710.70.08-0.73-0.490.62-0.53-0.580.180.09-0.60.840.410.41-0.110.350.25-0.63
0.16-0.84-0.460.45-0.3-0.96-0.1-0.59-0.960.06-0.120.81-0.47-0.32-0.58-0.84-0.320.31-0.47-0.84-0.840.58-0.86-0.62-0.25
0.231.00.47-0.270.090.820.230.320.73-0.010.45-0.640.270.580.18-0.840.43-0.040.130.740.74-0.650.960.510.54
0.380.440.580.420.330.470.850.440.210.030.050.120.610.20.09-0.320.430.440.250.630.63-0.740.33-0.340.03
0.78-0.030.180.93-0.01-0.170.7-0.05-0.48-0.010.460.720.230.33-0.60.31-0.040.44-0.290.140.14-0.05-0.28-0.310.41
-0.340.120.73-0.130.920.44-0.030.910.550.08-0.65-0.240.71-0.440.84-0.470.130.25-0.290.430.43-0.190.220.07-0.58
0.240.750.620.020.370.930.560.70.72-0.120.16-0.390.740.290.41-0.840.740.630.140.431.0-0.580.640.290.25
0.240.750.620.020.370.930.560.70.72-0.120.16-0.390.740.290.41-0.840.740.630.140.431.0-0.580.640.290.25
0.04-0.65-0.350.1-0.21-0.6-0.53-0.28-0.51-0.01-0.250.39-0.26-0.45-0.110.58-0.65-0.74-0.05-0.19-0.58-0.58-0.65-0.06-0.25
-0.020.950.42-0.460.110.790.040.310.810.060.27-0.770.230.440.35-0.860.960.33-0.280.220.640.64-0.650.560.36
-0.230.5-0.02-0.48-0.070.45-0.360.110.58-0.290.31-0.69-0.040.310.25-0.620.51-0.34-0.310.070.290.29-0.060.560.42
0.490.54-0.140.05-0.430.250.22-0.320.08-0.160.99-0.2-0.310.92-0.63-0.250.540.030.41-0.580.250.25-0.250.360.42
Click cells to compare fundamentals

1st Source Account Relationship Matchups

1st Source fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding25.6M25.5M25.0M24.7M24.6M21.7M
Total Assets6.6B7.3B8.1B8.3B8.7B4.5B
Short Long Term Debt Total155.8M147.7M135.3M179.4M341.6M184.8M
Other Current Liab(25.4M)(7.1M)65.5M41.7M(105.4M)(100.1M)
Total Current Liabilities25.4M7.1M5.3M74.1M151.2M143.6M
Total Stockholder Equity828.3M886.8M916.3M864.1M989.6M1.0B
Property Plant And Equipment Net163.9M114.4M95.5M76.5M88.2M102.8M
Net Debt88.6M73.5M80.9M94.7M264.1M277.3M
Retained Earnings463.3M514.2M603.8M694.9M789.8M829.3M
Cash67.2M74.2M54.4M84.7M77.5M72.3M
Non Current Assets Total1.3B1.4B2.1B2.0B13.9M13.2M
Non Currrent Assets Other(1.3B)(1.4B)(2.1B)(2.0B)(1.8B)(1.7B)
Other Assets4.0B4.3B3.8B4.1B8.6B9.0B
Cash And Short Term Investments1.1B1.3B1.9B1.9B106.4M101.1M
Liabilities And Stockholders Equity6.6B7.3B8.1B8.3B8.7B4.5B
Non Current Liabilities Total130.4M140.6M130.0M74.1M7.5B7.9B
Other Stockholder Equity(76.7M)(82.2M)(114.2M)(119.6M)(130.5M)(124.0M)
Total Liab5.8B6.4B7.1B7.4B7.7B4.0B
Property Plant And Equipment Gross163.9M114.4M95.5M76.5M164.5M103.0M
Total Current Assets1.3B1.6B2.2B2.2B106.4M101.1M
Short Term Debt25.4M7.1M5.3M74.1M256.6M269.4M
Accumulated Other Comprehensive Income5.2M18.4M(9.9M)(147.7M)(106.3M)(101.0M)
Other Liab18.3M25.2M25.0M23.7M21.3M38.2M
Accounts Payable5.4B5.9B6.7B6.9B8.0B4.4B
Short Term Investments1.0B1.2B1.9B1.8B500K475K
Inventory(92.5M)(265.6M)(543.8M)(148.0M)(133.2M)(126.5M)
Treasury Stock(76.7M)(82.2M)(114.2M)(119.6M)(107.7M)(102.3M)
Property Plant Equipment52.2M49.4M95.5M31.7M28.5M27.1M
Good Will83.9M83.9M83.9M83.9M83.9M81.9M
Intangible Assets104K82K60K40K21K20.0K
Other Current Assets92.5M265.6M543.8M148.0M130.4M123.9M
Net Tangible Assets744.3M802.9M832.3M780.2M897.2M692.6M
Noncontrolling Interest In Consolidated Entity20.4M43.8M53.2M59.7M68.7M72.1M
Retained Earnings Total Equity463.3M514.2M603.8M694.9M799.1M415.8M
Long Term Investments6.0B6.6B1.9B1.8B1.6B3.0B
Non Current Liabilities Other212.2M230.3M189.0M213.1M245.1M169.8M
Net Receivables228.0M288.6M269.5M380.0M437.0M458.9M

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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 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 1st Source. If investors know 1st 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 1st Source 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
0.068
Dividend Share
1.4
Earnings Share
5.25
Revenue Per Share
15.077
Quarterly Revenue Growth
0.021
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source'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 1st Source's market value can be influenced by many factors that don't directly affect 1st Source'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 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source'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.