First Good Will vs Long Term Investments Analysis

FCAP Stock  USD 28.60  0.04  0.14%   
First Capital financial indicator trend analysis is much more than just examining First Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Capital is a good investment. Please check the relationship between First Capital Good Will and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in First Stock, please use our How to Invest in First Capital guide.

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Capital Good Will account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between First Capital's Good Will and Long Term Investments is 0.49. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of First Capital, assuming nothing else is changed. The correlation between historical values of First Capital's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of First Capital are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., First Capital's Good Will and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Investments

Long Term Investments is an item on the asset side of First Capital balance sheet that represents investments First Capital intends to hold for over a year. First Capital long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from First Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Capital 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in First Stock, please use our How to Invest in First Capital guide.As of 06/04/2024, Selling General Administrative is likely to drop to about 8.8 M. In addition to that, Tax Provision is likely to drop to about 1.7 M
 2021 2023 2024 (projected)
Interest Expense1.1M9.0M4.5M
Depreciation And Amortization1.1M1.0M1.1M

First Capital fundamental ratios Correlations

-0.220.20.940.83-0.620.810.80.33-0.550.050.610.950.790.270.70.20.79-0.25-0.190.790.340.790.050.360.86
-0.220.71-0.28-0.190.610.14-0.270.60.50.23-0.75-0.06-0.060.65-0.320.530.190.630.730.06-0.510.06-0.29-0.120.07
0.20.710.130.040.360.64-0.030.95-0.050.01-0.560.390.170.990.050.60.620.640.40.24-0.670.25-0.120.290.53
0.94-0.280.130.88-0.670.740.830.33-0.510.00.570.860.810.240.68-0.040.65-0.32-0.240.80.310.80.10.320.75
0.83-0.190.040.88-0.720.660.890.19-0.240.310.610.750.940.110.550.120.57-0.42-0.270.930.530.93-0.130.00.68
-0.620.610.36-0.67-0.72-0.32-0.890.210.23-0.2-0.81-0.42-0.580.31-0.550.13-0.230.80.74-0.55-0.69-0.550.070.04-0.37
0.810.140.640.740.66-0.320.590.69-0.52-0.020.240.870.740.690.450.460.950.02-0.030.7-0.040.710.040.430.96
0.8-0.27-0.030.830.89-0.890.590.12-0.190.30.670.660.780.030.640.10.49-0.58-0.460.790.550.79-0.220.050.62
0.330.60.950.330.190.210.690.12-0.11-0.01-0.420.450.280.970.230.450.670.530.290.33-0.580.330.00.360.62
-0.550.5-0.05-0.51-0.240.23-0.52-0.19-0.110.65-0.44-0.54-0.22-0.14-0.380.23-0.510.160.15-0.080.06-0.09-0.45-0.72-0.51
0.050.230.010.00.31-0.2-0.020.3-0.010.650.060.040.35-0.080.10.6-0.05-0.05-0.110.430.460.43-0.51-0.670.05
0.61-0.75-0.560.570.61-0.810.240.67-0.42-0.440.060.420.51-0.510.52-0.180.26-0.74-0.640.40.810.40.170.090.39
0.95-0.060.390.860.75-0.420.870.660.45-0.540.040.420.750.450.640.360.82-0.03-0.020.760.130.76-0.060.430.87
0.79-0.060.170.810.94-0.580.740.780.28-0.220.350.510.750.230.360.270.65-0.29-0.180.940.470.95-0.05-0.070.74
0.270.650.990.240.110.310.690.030.97-0.14-0.08-0.510.450.230.110.50.660.60.380.28-0.670.29-0.080.380.58
0.7-0.320.050.680.55-0.550.450.640.23-0.380.10.520.640.360.110.090.43-0.27-0.30.360.190.36-0.190.520.57
0.20.530.6-0.040.120.130.460.10.450.230.6-0.180.360.270.50.090.50.340.160.35-0.050.35-0.43-0.150.47
0.790.190.620.650.57-0.230.950.490.67-0.51-0.050.260.820.650.660.430.50.070.020.63-0.010.630.150.430.97
-0.250.630.64-0.32-0.420.80.02-0.580.530.16-0.05-0.74-0.03-0.290.6-0.270.340.070.56-0.21-0.74-0.2-0.120.15-0.04
-0.190.730.4-0.24-0.270.74-0.03-0.460.290.15-0.11-0.64-0.02-0.180.38-0.30.160.020.56-0.1-0.49-0.1-0.070.08-0.09
0.790.060.240.80.93-0.550.70.790.33-0.080.430.40.760.940.280.360.350.63-0.21-0.10.451.0-0.14-0.160.7
0.34-0.51-0.670.310.53-0.69-0.040.55-0.580.060.460.810.130.47-0.670.19-0.05-0.01-0.74-0.490.450.440.06-0.470.1
0.790.060.250.80.93-0.550.710.790.33-0.090.430.40.760.950.290.360.350.63-0.2-0.11.00.44-0.14-0.160.7
0.05-0.29-0.120.1-0.130.070.04-0.220.0-0.45-0.510.17-0.06-0.05-0.08-0.19-0.430.15-0.12-0.07-0.140.06-0.140.120.08
0.36-0.120.290.320.00.040.430.050.36-0.72-0.670.090.43-0.070.380.52-0.150.430.150.08-0.16-0.47-0.160.120.43
0.860.070.530.750.68-0.370.960.620.62-0.510.050.390.870.740.580.570.470.97-0.04-0.090.70.10.70.080.43
Click cells to compare fundamentals

First Capital Account Relationship Matchups

First Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets827.5M1.0B1.2B1.2B1.2B628.4M
Total Current Liabilities210K153K97K123K795.5M835.3M
Total Stockholder Equity98.8M110.6M113.8M85.2M105.2M65.6M
Property Plant And Equipment Net16.4M16.0M15.2M14.7M14.4M12.1M
Net Debt(28.8M)(41.5M)(32.2M)(32.7M)(5.6M)(5.3M)
Retained Earnings65.3M72.2M80.1M88.5M97.1M102.0M
Cash28.8M41.6M32.3M32.7M27.1M22.3M
Non Current Assets Total278.3M306.6M471.5M21.5M1.1B1.2B
Non Currrent Assets Other(278.3M)(306.6M)(471.5M)(467.8M)23.6M22.4M
Other Assets262.8M382.5M202.1M594.7M683.9M574.3M
Cash And Short Term Investments283.4M325.1M479.6M530.9M(38.7M)(36.7M)
Net Receivables3.1M3.4M3.4M4.3M4.8M2.6M
Common Stock Shares Outstanding3.3M3.3M3.3M3.4M3.3M3.2M
Liabilities And Stockholders Equity827.5M1.0B1.2B1.2B1.2B628.4M
Non Current Liabilities Total41.2M36.4M31.5M123K257.0M269.9M
Other Stockholder Equity31.4M31.6M32.0M32.4M32.4M23.7M
Total Liab210K153K97K1.1B1.1B1.1B
Property Plant And Equipment Gross16.4M16.0M28.8M29.0M29.3M30.7M
Accounts Payable210K153K97K123K1.2M637.6K
Total Current Assets286.5M328.5M483.0M535.2M47.4M45.0M
Accumulated Other Comprehensive Income2.1M6.8M1.7M(35.7M)(24.3M)(23.1M)
Other Liab1.9M496K7.2M996K896.4K1.7M
Short Term Investments254.6M283.5M447.3M460.8M437.3M459.1M
Inventory(61.1M)(185.7M)(180.8M)(74.3M)33.9M35.6M
Property Plant Equipment16.4M16.0M15.2M14.7M16.9M12.9M
Treasury Stock(8.4M)(8.5M)(8.7M)(8.7M)(7.8M)(8.2M)
Other Current Assets61.1M185.7M180.8M74.3M47.4M45.0M
Intangible Assets819K672K526K379K232K220.4K
Other Current Liab(210K)(153K)(97K)(123K)774.0M812.7M
Net Tangible Assets91.5M103.5M113.8M78.3M90.1M79.4M
Retained Earnings Total Equity65.3M72.2M80.1M88.5M101.7M59.6M
Capital Surpluse40.2M40.7M41.7M41.6M47.9M38.7M
Long Term Investments725.2M283.5M933.0M461.6M444.3M496.0M

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Additional Tools for First Stock Analysis

When running First Capital's price analysis, check to measure First Capital'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 Capital is operating at the current time. Most of First Capital's value examination focuses on studying past and present price action to predict the probability of First Capital'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 Capital's price. Additionally, you may evaluate how the addition of First Capital to your portfolios can decrease your overall portfolio volatility.