First Total Current Liabilities vs Accounts Payable Analysis

FIBK Stock  USD 34.25  0.19  0.55%   
First Interstate financial indicator trend analysis is much more than just examining First Interstate Ban latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Interstate Ban is a good investment. Please check the relationship between First Interstate Total Current Liabilities and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. 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.

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Interstate Ban Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Interstate's Total Current Liabilities and Accounts Payable is 0.75. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of First Interstate BancSystem, assuming nothing else is changed. The correlation between historical values of First Interstate's Total Current Liabilities and Accounts Payable 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 Interstate BancSystem are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Liabilities i.e., First Interstate's Total Current Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on First Interstate 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 Interstate BancSystem 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.

Accounts Payable

An accounting item on the balance sheet that represents First Interstate obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Interstate Ban are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from First Interstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Interstate Ban 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 Interstate BancSystem. 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.
At this time, First Interstate's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.76 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.27.
 2021 2022 2023 2024 (projected)
Interest Expense17.3M78.9M656.8M689.6M
Depreciation And Amortization37.9M51M15.7M18.4M

First Interstate fundamental ratios Correlations

0.820.710.980.830.660.730.980.240.860.61-0.450.280.970.970.830.7-0.570.891.00.99-0.270.720.790.20.99
0.820.580.760.660.660.490.850.080.710.55-0.280.230.810.740.690.57-0.550.810.820.81-0.230.890.620.150.81
0.710.580.710.370.780.250.75-0.160.970.97-0.69-0.430.820.620.421.0-0.510.840.70.73-0.750.530.98-0.540.75
0.980.760.710.840.610.770.950.270.850.6-0.440.270.940.990.820.7-0.520.850.980.96-0.260.660.810.160.98
0.830.660.370.840.380.920.780.350.560.27-0.210.510.740.860.980.37-0.430.630.830.790.00.580.490.450.8
0.660.660.780.610.380.10.78-0.550.80.84-0.36-0.380.820.570.50.78-0.460.920.660.67-0.570.660.76-0.310.75
0.730.490.250.770.920.10.620.570.430.11-0.130.620.570.790.850.24-0.250.410.720.690.180.390.380.470.66
0.980.850.750.950.780.780.620.080.890.68-0.470.170.990.940.810.75-0.630.950.980.97-0.370.790.810.110.99
0.240.08-0.160.270.35-0.550.570.08-0.03-0.35-0.170.750.020.290.2-0.16-0.13-0.170.240.230.31-0.02-0.070.550.1
0.860.710.970.850.560.80.430.89-0.030.91-0.67-0.210.930.790.590.96-0.580.930.860.88-0.640.650.98-0.30.89
0.610.550.970.60.270.840.110.68-0.350.91-0.59-0.550.760.510.340.97-0.430.820.610.63-0.740.530.93-0.620.67
-0.45-0.28-0.69-0.44-0.21-0.36-0.13-0.47-0.17-0.67-0.590.23-0.51-0.37-0.22-0.690.79-0.51-0.46-0.520.87-0.24-0.670.32-0.45
0.280.23-0.430.270.51-0.380.620.170.75-0.21-0.550.230.050.350.42-0.44-0.11-0.10.280.250.610.2-0.310.930.17
0.970.810.820.940.740.820.570.990.020.930.76-0.510.050.920.770.82-0.590.970.970.96-0.440.740.880.010.99
0.970.740.620.990.860.570.790.940.290.790.51-0.370.350.920.840.62-0.490.810.970.94-0.170.630.740.260.97
0.830.690.420.820.980.50.850.810.20.590.34-0.220.420.770.840.41-0.450.70.830.8-0.060.620.510.390.82
0.70.571.00.70.370.780.240.75-0.160.960.97-0.69-0.440.820.620.41-0.50.840.70.73-0.750.530.98-0.540.74
-0.57-0.55-0.51-0.52-0.43-0.46-0.25-0.63-0.13-0.58-0.430.79-0.11-0.59-0.49-0.45-0.5-0.61-0.57-0.610.7-0.59-0.51-0.06-0.57
0.890.810.840.850.630.920.410.95-0.170.930.82-0.51-0.10.970.810.70.84-0.610.90.9-0.530.770.86-0.10.93
1.00.820.70.980.830.660.720.980.240.860.61-0.460.280.970.970.830.7-0.570.90.99-0.280.730.790.210.98
0.990.810.730.960.790.670.690.970.230.880.63-0.520.250.960.940.80.73-0.610.90.99-0.330.720.810.170.97
-0.27-0.23-0.75-0.260.0-0.570.18-0.370.31-0.64-0.740.870.61-0.44-0.17-0.06-0.750.7-0.53-0.28-0.33-0.25-0.670.63-0.34
0.720.890.530.660.580.660.390.79-0.020.650.53-0.240.20.740.630.620.53-0.590.770.730.72-0.250.540.130.72
0.790.620.980.810.490.760.380.81-0.070.980.93-0.67-0.310.880.740.510.98-0.510.860.790.81-0.670.54-0.420.83
0.20.15-0.540.160.45-0.310.470.110.55-0.3-0.620.320.930.010.260.39-0.54-0.06-0.10.210.170.630.13-0.420.11
0.990.810.750.980.80.750.660.990.10.890.67-0.450.170.990.970.820.74-0.570.930.980.97-0.340.720.830.11
Click cells to compare fundamentals

First Interstate Account Relationship Matchups

First Interstate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B17.6B19.7B32.3B30.7B32.2B
Short Long Term Debt Total798.5M1.3B1.3B3.7B2.9B3.0B
Total Current Liabilities141.7M150.2M152.1M460.4M16.7B17.5B
Total Stockholder Equity2.0B2.0B2.0B3.1B3.2B3.4B
Property Plant And Equipment Net306M312.3M299.6M444.7M444.3M234.0M
Net Debt(976M)(2.1B)(2.1B)1.7B2.3B2.4B
Retained Earnings953.6M962.1M1.1B1.1B1.1B658.1M
Accounts Payable141.7M150.2M152.1M460.4M432.6M454.2M
Cash1.1B2.3B2.3B870.4M577.9M789.5M
Non Current Assets Total4.1B5.1B7.5B12.1B29.8B31.3B
Non Currrent Assets Other(4.1B)(5.1B)(7.5B)(238.5M)27.9B29.3B
Other Assets6.5B6.2B4.9B12.3B466.3M443.0M
Cash And Short Term Investments4.0B6.3B7.2B7.8B379M360.1M
Net Receivables46.7M51.1M47.4M118.3M129.1M135.6M
Good Will711.7M700.8M690.9M1.2B1.1B1.2B
Common Stock Shares Outstanding63.9M63.7M61.7M103.3M103.8M53.3M
Liabilities And Stockholders Equity14.6B17.6B19.7B32.3B30.7B32.2B
Non Current Liabilities Total127.5M226.6M208.7M460.4M27.4B28.8B
Other Current Assets1.1B2.3B2.4B1.0B723.6M687.4M
Other Stockholder Equity11M600K(11M)11.5B13.2B13.8B
Total Liab12.6B15.7B17.7B29.2B27.4B28.8B
Property Plant And Equipment Gross306M312.3M495.8M666.9M673.5M707.2M
Total Current Assets4.1B6.3B7.2B7.9B379M360.1M
Accumulated Other Comprehensive Income11M56.6M(11M)(477.1M)(356.5M)(338.7M)
Short Term Debt697.7M1.1B1.1B3.4B2.6B2.7B
Intangible Assets30.2M24M28.2M31.1M109.7M115.2M
Short Term Investments3.0B4.0B4.8B6.9B(198.9M)(189.0M)
Common Stock1.0B941.1M945M2.5B2.4B2.6B
Other Liab26.7M30.9M165.2M16.2M14.6M13.9M
Long Term Debt102.7M100.8M199.4M2.6B283M336.8M
Inventory(1.1B)(2.3B)(2.4B)(1.0B)249.1M261.6M
Property Plant Equipment314.5M314.8M299.6M444.7M511.4M269.9M
Other Current Liab(141.7M)(150.2M)(152.1M)(460.4M)(2.6B)(2.5B)
Net Tangible Assets1.3B1.3B1.3B1.9B2.2B1.1B
Common Stock Total Equity1.0B941.1M945M2.5B2.8B3.0B
Retained Earnings Total Equity953.6M962.1M1.1B1.1B1.2B776.0M
Long Term Debt Total102.7M100.8M199.4M283.9M326.5M342.8M
Deferred Long Term Liab8.6M26.7M27.2M9.3M10.7M8.8M
Long Term Investments9.0B9.7B6.5B10.4B9.0B8.0B
Non Current Liabilities Other697.6M1.1B1.1B1.1B1.2B789.5M

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When determining whether First Interstate Ban 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 Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. 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.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 Interstate. 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 Interstate 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
(0.23)
Dividend Share
1.88
Earnings Share
2.28
Revenue Per Share
9.226
Quarterly Revenue Growth
(0.09)
The market value of First Interstate Ban 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 Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate'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 Interstate's market value can be influenced by many factors that don't directly affect First Interstate'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 Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate'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.