First Historical Cash Flow
| FR Stock | USD 50.57 0.00 0.00% |
Analysis of First Industrial cash flow over time is an excellent tool to project First Industrial Realty 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 Depreciation of 123.4 M or Dividends Paid of 107.5 M as it is a great indicator of First Industrial 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 Industrial Realty 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 Industrial Realty 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 Industrial Cash Flow Chart
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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.Capital Expenditures
Capital Expenditures are funds used by First Industrial Realty to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of First Industrial operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from First Industrial's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 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 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 Stock Based Compensation is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 233.2M | 827.7M | 480.6M | 288.2M | Dividends Paid | 139.7M | 155.3M | 169.4M | 107.5M |
First Industrial cash flow statement Correlations
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First Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Industrial cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (4.4M) | 547M | 289M | 12.7M | (2.5M) | (2.4M) | |
| Change In Cash | 102.3M | 46.9M | (140.9M) | 86.3M | (101.3M) | (96.2M) | |
| Free Cash Flow | (8.6M) | 80.0M | 33.9M | 410.9M | 304.8M | 320.1M | |
| Change In Working Capital | 10.7M | 1.8M | 13.6M | 26.4M | (6.8M) | (7.1M) | |
| Begin Period Cash Flow | 50.4M | 152.7M | 199.7M | 58.8M | 145.1M | 152.4M | |
| Other Cashflows From Financing Activities | 559.6M | (5.6M) | (11.7M) | 1.2B | (11.6M) | (11.0M) | |
| Depreciation | 127.1M | 137.8M | 139.1M | 152.3M | 163.0M | 123.4M | |
| Other Non Cash Items | (136.0M) | (98.7M) | (162.8M) | (182.3M) | (137.2M) | (130.3M) | |
| Dividends Paid | 117.2M | 127.3M | 139.7M | 155.3M | 169.4M | 107.5M | |
| Capital Expenditures | 254.2M | 161.1M | 233.2M | 827.7M | 480.6M | 288.2M | |
| Total Cash From Operating Activities | 245.6M | 241.1M | 267.0M | 410.9M | 304.8M | 159.9M | |
| Change To Account Receivables | (11.4M) | 4.5M | (337K) | (4.9M) | (2.4M) | (2.5M) | |
| Net Income | 243.9M | 200.2M | 277.2M | 381.6M | 285.8M | 300.1M | |
| Total Cash From Financing Activities | 62.1M | 57.6M | 8.9M | 304.5M | (27.8M) | (26.4M) | |
| End Period Cash Flow | 152.7M | 199.7M | 58.8M | 145.1M | 43.8M | 42.4M | |
| Change To Inventory | (10.6M) | (1.2M) | (13.5M) | (26.5M) | 6.8M | 6.4M | |
| Total Cashflows From Investing Activities | (205.4M) | (251.7M) | (416.8M) | (629.1M) | (566.2M) | (537.9M) | |
| Investments | (205.4M) | (251.7M) | 19.9M | (629.1M) | (440.5M) | (418.5M) | |
| Net Borrowings | 184.8M | 111.9M | 14.6M | 459.5M | 528.5M | 554.9M | |
| Cash And Cash Equivalents Changes | 368.0M | 416.9M | 575.3M | 567.7M | 652.8M | 685.5M | |
| Other Cashflows From Investing Activities | (20.9M) | (14.1M) | (4.4M) | 198.6M | (366.0M) | (347.7M) | |
| Change To Netincome | 4.6M | 7.5M | 9.1M | 13.3M | 15.3M | 16.1M | |
| Change To Liabilities | 22.1M | (2.7M) | 13.9M | 31.3M | 36.0M | 37.8M | |
| Stock Based Compensation | 28.8M | 35.2M | 31.2M | 32.8M | 16.7M | 19.1M |
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
Moving against First Stock
| 0.57 | EQIX | Equinix | PairCorr |
| 0.53 | AHR | American Healthcare REIT, | PairCorr |
| 0.45 | PK | Park Hotels Resorts Sell-off Trend | PairCorr |
| 0.42 | AKR | Acadia Realty Trust | PairCorr |
| 0.35 | UE | Urban Edge Properties | PairCorr |
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.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.