1st Debt To Assets from 2010 to 2024

SRCE Stock  USD 51.45  0.15  0.29%   
1st Source's Debt To Assets are decreasing over the years with very volatile fluctuation. Overall, Debt To Assets are expected to go to 0.05 this year. During the period from 2010 to 2024 1st Source Debt To Assets annual values regression line had geometric mean of  0.03 and mean square error of  0.0002. View All Fundamentals
 
Debt To Assets  
First Reported
2010-12-31
Previous Quarter
0.04801054
Current Value
0.0518
Quarterly Volatility
0.01265054
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check 1st Source financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 1st main balance sheet or income statement drivers, such as Interest Expense of 14.2 M, Other Operating Expenses of 363.1 M or EBITDA of 6.7 M, as well as many exotic indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0169 or PTB Ratio of 1.67. 1st financial statements analysis is a perfect complement when working with 1st Source Valuation or Volatility modules.
  
This module can also supplement 1st Source's financial leverage analysis and stock options assessment as well as various 1st Source Technical models . Check out the analysis of 1st Source Correlation against competitors.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.

Latest 1st Source's Debt To Assets Growth Pattern

Below is the plot of the Debt To Assets of 1st Source over the last few years. It is 1st Source's Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 1st Source's overall financial position and show how it may be relating to other accounts over time.
Debt To Assets10 Years Trend
Very volatile
   Debt To Assets   
       Timeline  

1st Debt To Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation36.73
Mean Deviation0.01
Median0.03
Standard Deviation0.01
Sample Variance0.0002
Range0.0362
R-Value(0.05)
Mean Square Error0.0002
R-Squared0
Significance0.86
Slope(0.0001)
Total Sum of Squares0

1st Debt To Assets History

2024 0.0518
2023 0.048
2022 0.0215
2021 0.0167
2020 0.0202
2019 0.0235
2018 0.0343

About 1st Source Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include 1st Source income statement, its balance sheet, and the statement of cash flows. 1st Source investors use historical funamental indicators, such as 1st Source's Debt To Assets, to determine how well the company is positioned to perform in the future. Although 1st Source investors may use each financial statement separately, they are all related. The changes in 1st Source's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 1st Source'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. We offer a historical overview of the basic patterns found on 1st Source Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 1st Source. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Assets 0.05  0.05 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 1st Source in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 1st Source's short interest history, or implied volatility extrapolated from 1st Source options trading.

Currently Active Assets on Macroaxis

When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:
Check out the analysis of 1st Source Correlation against competitors.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
Note that the 1st Source information on this page should be used as a complementary analysis to other 1st Source's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running 1st Source's price analysis, check to measure 1st Source'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 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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Is 1st Source's industry 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 1st Source. If investors know 1st 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 1st Source 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
(0.05)
Dividend Share
1.34
Earnings Share
4.97
Revenue Per Share
14.701
Quarterly Revenue Growth
(0.03)
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source'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 1st Source's market value can be influenced by many factors that don't directly affect 1st Source'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 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source'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.