First Historical Balance Sheet
INBK Stock | USD 40.95 0.17 0.41% |
Trend analysis of First Internet Bancorp balance sheet accounts such as Total Current Liabilities of 18.9 M or Total Stockholder Equity of 380.9 M provides information on First Internet's total assets, liabilities, and equity, which is the actual value of First Internet Bancorp to its prevalent stockholders. By breaking down trends over time using First Internet balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining First Internet Bancorp 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 Internet Bancorp is a good buy for the upcoming year.
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About First Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of First Internet Bancorp at a specified time, usually calculated after every quarter, six months, or one year. First Internet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Internet and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.
First Internet Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of First Internet 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 Internet Bancorp 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.Total Current Liabilities
Total Current Liabilities is an item on First Internet 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 Internet Bancorp 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most accounts from First Internet's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Internet Bancorp current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. 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 Internet's Accounts Payable is quite stable compared to the past year. Cash is expected to rise to about 426.2 M this year, although the value of Non Currrent Assets Other are projected to rise to (666.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 619.2M | 719.5M | 719.8M | 755.8M | Total Assets | 4.2B | 4.5B | 5.2B | 5.4B |
First Internet balance sheet Correlations
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First Internet Account Relationship Matchups
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First Internet balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 4.2B | 4.2B | 4.5B | 5.2B | 5.4B | |
Short Long Term Debt Total | 584.4M | 594.5M | 619.2M | 719.5M | 719.8M | 755.8M | |
Total Current Liabilities | 3.8M | 1.4M | 2.0M | 2.9M | 18.0M | 18.9M | |
Total Stockholder Equity | 304.9M | 330.9M | 380.3M | 365.0M | 362.8M | 380.9M | |
Net Debt | 257.1M | 174.7M | 176.2M | 462.9M | 313.9M | 167.0M | |
Retained Earnings | 99.7M | 126.7M | 172.4M | 205.7M | 207.5M | 217.8M | |
Accounts Payable | 3.8M | 1.4M | 2.0M | 2.9M | 3.8M | 4.0M | |
Cash | 327.4M | 419.8M | 443.0M | 256.6M | 405.9M | 426.2M | |
Non Current Assets Total | 622.0M | 608.1M | 727.1M | 77.4M | 78.2M | 74.2M | |
Non Currrent Assets Other | (622.0M) | (608.1M) | (727.1M) | (579.6M) | (702.0M) | (666.9M) | |
Other Assets | 1.5B | 1.7B | 1.5B | 4.0B | 3.8B | 4.0B | |
Cash And Short Term Investments | 868.2M | 917.4M | 1.0B | 646.9M | 880.8M | 924.8M | |
Net Receivables | 1.1B | 1.0B | 928.7M | 21.1M | 26.7M | 25.4M | |
Common Stock Total Equity | 219.4M | 221.4M | 218.9M | 192.9M | 221.9M | 134.6M | |
Common Stock Shares Outstanding | 10.0M | 9.8M | 10.0M | 9.6M | 8.9M | 6.1M | |
Liabilities And Stockholders Equity | 4.1B | 4.2B | 4.2B | 4.5B | 5.2B | 5.4B | |
Non Current Liabilities Total | 584.4M | 594.5M | 619.2M | 2.9M | 1.4B | 1.5B | |
Other Stockholder Equity | (14.2M) | (17.2M) | (11.0M) | (33.6M) | (1.0) | (1.05) | |
Total Liab | 3.8B | 3.9B | 3.8B | 4.2B | 4.8B | 5.0B | |
Total Current Assets | 1.9B | 1.9B | 2.0B | 428.9M | 1.3B | 1.0B | |
Accumulated Other Comprehensive Income | (14.2M) | (17.2M) | (11.0M) | (33.6M) | (29.4M) | (27.9M) | |
Short Term Debt | 110.9M | 110.4M | 110M | 145M | 255.0M | 128.7M | |
Common Stock | 219.4M | 221.4M | 218.9M | 192.9M | 184.7M | 133.3M | |
Other Current Liab | (3.8M) | 48.4M | 30.5M | 14.5M | 14.2M | 14.9M | |
Long Term Debt | 69.5M | 594.5M | 619.2M | 719.5M | 719.8M | 755.8M | |
Short Term Investments | 540.9M | 497.6M | 603.0M | 390.4M | 474.9M | 376.1M | |
Inventory | (348.0M) | (437.2M) | (460.2M) | 42K | (18.5M) | (19.4M) | |
Intangible Assets | 2.5M | 3.6M | 4.7M | 6.3M | 10.6M | 5.5M | |
Property Plant Equipment | 14.6M | 37.6M | 59.8M | 72.7M | 83.6M | 87.8M | |
Property Plant And Equipment Net | 14.6M | 37.6M | 59.8M | 72.7M | 73.5M | 77.1M | |
Net Tangible Assets | 300.2M | 326.3M | 375.7M | 360.3M | 414.3M | 252.2M | |
Retained Earnings Total Equity | 99.7M | 126.7M | 172.4M | 205.7M | 236.5M | 248.4M | |
Long Term Debt Total | 69.5M | 79.6M | 104.2M | 104.5M | 120.2M | 126.2M | |
Other Current Assets | 348.0M | 437.2M | 460.2M | (1.2B) | 433.0M | 321.0M | |
Long Term Investments | 3.6B | 565.9M | 662.6M | 579.6M | 702.0M | 1.4B | |
Property Plant And Equipment Gross | 14.6M | 37.6M | 66.6M | 83.6M | 88.3M | 92.7M | |
Non Current Liabilities Other | 514.9M | 514.9M | 514.9M | 614.9M | 707.2M | 397.6M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 Internet. 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 Internet 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 1.052 | Dividend Share 0.24 | Earnings Share 2.52 | Revenue Per Share 12.546 | Quarterly Revenue Growth 0.331 |
The market value of First Internet Bancorp 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 Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet'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 Internet's market value can be influenced by many factors that don't directly affect First Internet'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 Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet'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.