First Cash vs Total Assets Analysis
FXNC Stock | USD 23.77 0.28 1.16% |
First National financial indicator trend analysis is much more than just examining First National Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First National Corp is a good investment. Please check the relationship between First National Cash and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First National Corp Cash account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between First National's Cash and Total Assets is 0.77. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of First National Corp, assuming nothing else is changed. The correlation between historical values of First National's Cash and Total 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 Cash of First National Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., First National's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of First National Corp, which is listed under current asset account on First National Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First National customers. The amounts must be unrestricted with restricted cash listed in a different First National account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Assets
Total assets refers to the total amount of First National assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First National Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from First National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First National Corp 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 National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, First National's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 3.55, whereas Selling General Administrative is forecasted to decline to about 11.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.3M | 3.8M | 14.3M | 15.0M | Depreciation And Amortization | 1.4M | 1.5M | 1.6M | 1.0M |
First National fundamental ratios Correlations
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First National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First National fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 800.0M | 950.9M | 1.4B | 1.4B | 1.4B | 1.5B | |
Short Long Term Debt Total | 14.4M | 19.4M | 19.3M | 14.3M | 64.6M | 67.8M | |
Other Current Liab | (2.1M) | (4.3M) | (8.6M) | (10.6M) | (223K) | (211.9K) | |
Total Current Liabilities | 2.1M | 4.3M | 4.4M | 5.4M | 514.3M | 540.0M | |
Total Stockholder Equity | 77.2M | 84.9M | 117.0M | 108.4M | 116.3M | 122.1M | |
Property Plant And Equipment Net | 19.7M | 19.3M | 22.4M | 21.9M | 22.5M | 16.6M | |
Net Debt | (31.5M) | (108.0M) | (156.7M) | (52.6M) | (22.6M) | (21.4M) | |
Retained Earnings | 62.6M | 69.3M | 77.0M | 90.3M | 94.2M | 98.9M | |
Cash | 45.8M | 127.3M | 176.0M | 66.9M | 87.2M | 91.5M | |
Non Current Assets Total | 158.5M | 173.8M | 348.5M | 25.0M | 1.3B | 1.4B | |
Non Currrent Assets Other | (158.5M) | (173.8M) | (348.5M) | (316.1M) | 1.2B | 1.3B | |
Other Assets | 472.7M | 506.9M | 571.5M | 1.0B | 4.7M | 4.4M | |
Cash And Short Term Investments | 166.8M | 267.5M | 465.5M | 229.8M | 87.2M | 87.1M | |
Net Receivables | 2.1M | 2.7M | 3.9M | 4.5M | 4.7M | 4.9M | |
Common Stock Shares Outstanding | 5.0M | 4.9M | 5.6M | 6.3M | 6.3M | 4.3M | |
Liabilities And Stockholders Equity | 800.0M | 950.9M | 1.4B | 1.4B | 1.4B | 1.5B | |
Non Current Liabilities Total | 14.3M | 19.3M | 19.3M | 5.4M | 1.3B | 1.4B | |
Other Stockholder Equity | 7.7M | 6.2M | 32.0M | 32.7M | 33.0M | 34.6M | |
Total Liab | 722.8M | 866.0M | 1.3B | 1.3B | 1.3B | 1.4B | |
Total Current Assets | 168.8M | 270.2M | 469.4M | 321.1M | 87.2M | 141.8M | |
Accumulated Other Comprehensive Income | 724K | 3.4M | 298K | (22.5M) | (18.7M) | (17.8M) | |
Common Stock | 6.2M | 6.1M | 7.8M | 7.8M | 7.8M | 5.4M | |
Common Stock Total Equity | 6.2M | 6.2M | 6.2M | 6.1M | 7.0M | 5.2M | |
Property Plant And Equipment Gross | 19.7M | 19.3M | 36.5M | 34.3M | 35.8M | 19.6M | |
Accounts Payable | 2.1M | 4.3M | 4.4M | 5.4M | 4.9M | 3.3M | |
Short Term Investments | 121.0M | 140.2M | 289.5M | 162.9M | (228.4M) | (217.0M) | |
Other Liab | 1.3M | 1.6M | 3.8M | 3.9M | 3.5M | 2.8M | |
Long Term Debt | 14.3M | 19.3M | 19.3M | 14.3M | 14.3M | 16.3M | |
Property Plant Equipment | 20.1M | 19.7M | 22.4M | 21.9M | 25.2M | 21.8M | |
Net Tangible Assets | 77.0M | 84.9M | 113.9M | 105.2M | 121.0M | 75.1M | |
Retained Earnings Total Equity | 45.7M | 54.8M | 62.6M | 69.3M | 79.7M | 52.3M | |
Long Term Debt Total | 14.2M | 14.2M | 14.3M | 19.3M | 22.2M | 15.8M | |
Capital Surpluse | 7.3M | 7.5M | 7.7M | 6.2M | 7.1M | 7.7M | |
Long Term Investments | 138.6M | 154.5M | 322.9M | 316.1M | 301.1M | 255.3M | |
Non Current Liabilities Other | 1.7M | 1.5M | 2.1M | 4.3M | 3.9M | 2.5M | |
Other Current Assets | 47.9M | 130.0M | 181.8M | 71.6M | 91.8M | 175.3M |
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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 National Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First National Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First National Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 National. 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 National 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 (0.28) | Dividend Share 0.6 | Earnings Share 1.12 | Revenue Per Share 7.779 | Quarterly Revenue Growth (0.03) |
The market value of First National Corp 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 National's value that differs from its market value or its book value, called intrinsic value, which is First National'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 National's market value can be influenced by many factors that don't directly affect First National'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 National's value and its price as these two are different measures arrived at by different means. Investors typically determine if First National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First National'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.