First Hawaiian Shares Outstanding vs. Cash And Equivalents

FHB Stock  USD 27.26  0.21  0.76%   
Considering First Hawaiian's profitability and operating efficiency indicators, First Hawaiian's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess First Hawaiian's ability to earn profits and add value for shareholders. At present, First Hawaiian's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.30, whereas Price To Sales Ratio is forecasted to decline to 2.43. At present, First Hawaiian's Income Before Tax is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 115.8 M, whereas Accumulated Other Comprehensive Income is projected to grow to (503.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.620.89
Way Down
Pretty Stable
Net Profit Margin0.240.2076
Fairly Up
Very volatile
Operating Profit Margin0.360.47
Way Down
Pretty Stable
Pretax Profit Margin0.360.2731
Significantly Up
Slightly volatile
Return On Assets0.0090.0094
Notably Down
Slightly volatile
Return On Equity0.06810.0945
Way Down
Very volatile
For First Hawaiian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Hawaiian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Hawaiian utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Hawaiian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Hawaiian over time as well as its relative position and ranking within its peers.
  

First Hawaiian's Revenue Breakdown by Earning Segment

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For information on how to trade First Stock refer to our How to Trade First Stock guide.
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 Hawaiian. 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 Hawaiian 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
0.052
Dividend Share
1.04
Earnings Share
1.75
Revenue Per Share
6.337
Quarterly Revenue Growth
0.035
The market value of First Hawaiian 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 Hawaiian's value that differs from its market value or its book value, called intrinsic value, which is First Hawaiian'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 Hawaiian's market value can be influenced by many factors that don't directly affect First Hawaiian'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 Hawaiian's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Hawaiian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Hawaiian'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.

First Hawaiian Cash And Equivalents vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Hawaiian's current stock value. Our valuation model uses many indicators to compare First Hawaiian value to that of its competitors to determine the firm's financial worth.
First Hawaiian is rated # 3 in shares outstanding category among its peers. It is rated # 4 in cash and equivalents category among its peers creating about  12.04  of Cash And Equivalents per Shares Outstanding. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Hawaiian's earnings, one of the primary drivers of an investment's value.

First Cash And Equivalents vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

First Hawaiian

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
127.89 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

First Hawaiian

Cash

 = 

Bank Deposits

+

Liquidities

 = 
1.54 B
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

First Cash And Equivalents Comparison

First Hawaiian is currently under evaluation in cash and equivalents category among its peers.

First Hawaiian Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Hawaiian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Hawaiian will eventually generate negative long term returns. The profitability progress is the general direction of First Hawaiian's change in net profit over the period of time. It can combine multiple indicators of First Hawaiian, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-530.2 M-503.7 M
Operating Income341.2 M297.1 M
Income Before Tax309.2 M328.8 M
Net Income235 M221.6 M
Income Tax Expense74.2 M115.8 M
Net Income From Continuing Ops267.1 M207.3 M
Total Other Income Expense Net309.2 M198.3 M
Net Income Applicable To Common Shares239.1 M206.7 M
Net Interest Income656.1 M594.1 M
Interest Income883 M664.8 M
Change To Netincome38.6 M28.2 M
Net Income Per Share 1.84  2.24 
Income Quality 1.09  1.44 
Net Income Per E B T 0.76  0.53 

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Hawaiian. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Hawaiian position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Hawaiian's important profitability drivers and their relationship over time.

Use First Hawaiian in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Hawaiian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Hawaiian will appreciate offsetting losses from the drop in the long position's value.

First Hawaiian Pair Trading

First Hawaiian Pair Trading Analysis

The ability to find closely correlated positions to First Hawaiian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Hawaiian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Hawaiian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Hawaiian to buy it.
The correlation of First Hawaiian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Hawaiian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Hawaiian moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Hawaiian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your First Hawaiian position

In addition to having First Hawaiian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Alternative Currency ETFs Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alternative Currency ETFs Theme or any other thematic opportunities.
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When determining whether First Hawaiian offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Hawaiian'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 Hawaiian Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Hawaiian Stock:
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For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
To fully project First Hawaiian's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Hawaiian at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Hawaiian's income statement, its balance sheet, and the statement of cash flows.
Potential First Hawaiian investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Hawaiian investors may work on each financial statement separately, they are all related. The changes in First Hawaiian's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Hawaiian's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.