INBKZ Stock | | | USD 25.30 0.09 0.35% |
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 Other Non Cash Items and its Depreciation 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 industry.
Other Non Cash Items vs Depreciation
Other Non Cash Items vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Internet Bancorp Other Non Cash Items account and
Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between First Internet's Other Non Cash Items and Depreciation is 0.02. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation 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 Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of First Internet Bancorp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., First Internet's Other Non Cash Items and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Non Cash Items
Depreciation
Depreciation indicates how much of First Internet Bancorp value has been used up. For tax purposes First Internet can deduct the cost of the tangible assets it purchases as business expenses. However, First Internet Bancorp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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 industry.
Selling General Administrative is likely to rise to about 51.7
M in 2024.
Tax Provision is likely to rise to about 3.3
M in 2024
First Internet fundamental ratios Correlations
Click cells to compare fundamentals
First Internet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Internet fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for First Stock Analysis
When running First Internet's price analysis, check to
measure First Internet'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 Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to
predict the probability of First Internet'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 Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.