First Common Stock Total Equity vs Cash Analysis
INBK Stock | USD 40.87 0.25 0.61% |
First Internet financial indicator trend analysis is much more than just examining First Internet Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Internet Bancorp is a good investment. Please check the relationship between First Internet Common Stock Total Equity and its Cash accounts. 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.
Common Stock Total Equity vs Cash
Common Stock Total Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Internet Bancorp Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Internet's Common Stock Total Equity and Cash is 0.78. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of First Internet Bancorp, assuming nothing else is changed. The correlation between historical values of First Internet's Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of First Internet Bancorp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., First Internet's Common Stock Total Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Cash
Cash refers to the most liquid asset of First Internet Bancorp, which is listed under current asset account on First Internet Bancorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First Internet customers. The amounts must be unrestricted with restricted cash listed in a different First Internet 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.Most indicators from First Internet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.61 this year, although the value of Tax Provision is projected to rise to (2.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47.3M | 59.8M | 164.5M | 172.8M | Depreciation And Amortization | 8.8M | 8.7M | 5.7M | 3.6M |
First Internet fundamental ratios Correlations
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First Internet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Internet fundamental ratios 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.