First Cash vs Total Current Assets Analysis

FIBK Stock  USD 27.11  0.65  2.34%   
First Interstate financial indicator trend analysis is much more than just examining First Interstate Ban latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Interstate Ban is a good investment. Please check the relationship between First Interstate Cash and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Cash vs Total Current Assets

Cash vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Interstate Ban Cash account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between First Interstate's Cash and Total Current Assets is 0.31. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of First Interstate BancSystem, assuming nothing else is changed. The correlation between historical values of First Interstate's Cash and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of First Interstate BancSystem are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., First Interstate's Cash and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of First Interstate Ban, which is listed under current asset account on First Interstate BancSystem balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First Interstate customers. The amounts must be unrestricted with restricted cash listed in a different First Interstate 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from First Interstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Interstate Ban 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 Interstate BancSystem. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, First Interstate's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 2.64 this year, although the value of Tax Provision will most likely fall to about 59.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense17.3M78.9M656.8M689.6M
Depreciation And Amortization9.9M15.9M15.7M10.2M

First Interstate fundamental ratios Correlations

0.890.710.980.830.690.730.980.240.860.610.150.20.970.970.830.71-0.570.891.00.99-0.250.780.790.980.99
0.890.890.850.610.930.40.94-0.150.960.870.22-0.230.970.810.670.89-0.610.990.890.9-0.550.850.910.830.93
0.710.890.710.370.850.250.75-0.160.970.970.17-0.510.820.620.421.0-0.510.840.70.73-0.730.690.980.620.75
0.980.850.710.840.650.770.950.270.850.60.180.180.940.990.820.71-0.520.850.980.96-0.240.730.810.940.98
0.830.610.370.840.390.920.780.350.560.270.220.450.740.860.980.38-0.430.630.830.790.020.580.490.840.8
0.690.930.850.650.390.130.8-0.50.860.890.35-0.470.850.60.50.85-0.490.930.690.7-0.60.770.830.60.77
0.730.40.250.770.920.130.620.570.420.110.180.560.570.790.850.25-0.250.410.720.690.20.390.380.720.66
0.980.940.750.950.780.80.620.080.890.680.180.090.990.940.810.76-0.630.950.980.97-0.350.850.810.940.99
0.24-0.15-0.160.270.35-0.50.570.08-0.03-0.35-0.430.730.020.290.2-0.16-0.13-0.170.240.230.31-0.06-0.070.340.1
0.860.960.970.850.560.860.420.89-0.030.910.17-0.290.930.790.590.97-0.580.930.860.88-0.620.790.980.790.89
0.610.870.970.60.270.890.110.68-0.350.910.28-0.630.760.510.340.97-0.430.820.610.63-0.720.680.930.50.67
0.150.220.170.180.220.350.180.18-0.430.170.28-0.20.210.180.270.170.510.230.150.10.350.250.190.030.21
0.2-0.23-0.510.180.45-0.470.560.090.73-0.29-0.63-0.2-0.030.270.35-0.51-0.05-0.180.20.160.65-0.01-0.40.310.09
0.970.970.820.940.740.850.570.990.020.930.760.21-0.030.920.770.82-0.590.970.970.96-0.420.820.880.920.99
0.970.810.620.990.860.60.790.940.290.790.510.180.270.920.840.63-0.490.810.970.94-0.150.690.740.940.97
0.830.670.420.820.980.50.850.810.20.590.340.270.350.770.840.42-0.450.70.830.8-0.040.630.510.830.82
0.710.891.00.710.380.850.250.76-0.160.970.970.17-0.510.820.630.42-0.510.850.710.74-0.720.70.980.620.75
-0.57-0.61-0.51-0.52-0.43-0.49-0.25-0.63-0.13-0.58-0.430.51-0.05-0.59-0.49-0.45-0.51-0.61-0.57-0.610.7-0.63-0.51-0.62-0.57
0.890.990.840.850.630.930.410.95-0.170.930.820.23-0.180.970.810.70.85-0.610.90.9-0.510.850.860.840.93
1.00.890.70.980.830.690.720.980.240.860.610.150.20.970.970.830.71-0.570.90.99-0.250.790.790.980.98
0.990.90.730.960.790.70.690.970.230.880.630.10.160.960.940.80.74-0.610.90.99-0.310.790.810.980.97
-0.25-0.55-0.73-0.240.02-0.60.2-0.350.31-0.62-0.720.350.65-0.42-0.15-0.04-0.720.7-0.51-0.25-0.31-0.38-0.65-0.23-0.32
0.780.850.690.730.580.770.390.85-0.060.790.680.25-0.010.820.690.630.7-0.630.850.790.79-0.380.70.750.8
0.790.910.980.810.490.830.380.81-0.070.980.930.19-0.40.880.740.510.98-0.510.860.790.81-0.650.70.70.83
0.980.830.620.940.840.60.720.940.340.790.50.030.310.920.940.830.62-0.620.840.980.98-0.230.750.70.94
0.990.930.750.980.80.770.660.990.10.890.670.210.090.990.970.820.75-0.570.930.980.97-0.320.80.830.94
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First Interstate Account Relationship Matchups

First Interstate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B17.6B19.7B32.3B30.7B32.2B
Short Long Term Debt Total102.7M100.8M199.4M2.6B3.7B3.9B
Total Current Liabilities141.7M150.2M152.1M460.4M16.7B17.5B
Total Stockholder Equity2.0B2.0B2.0B3.1B3.2B3.4B
Property Plant And Equipment Net306M312.3M299.6M444.7M444.3M234.0M
Net Debt(976M)(2.1B)(2.1B)1.7B3.1B3.2B
Retained Earnings953.6M962.1M1.1B1.1B1.1B658.1M
Accounts Payable141.7M150.2M152.1M460.4M432.6M454.2M
Cash1.1B2.3B2.3B870.4M577.9M789.5M
Non Current Assets Total4.1B5.1B7.5B12.1B29.9B31.4B
Non Currrent Assets Other(4.1B)(5.1B)(7.5B)(238.5M)27.8B29.2B
Other Assets6.5B6.2B4.9B12.3B14.1B9.8B
Cash And Short Term Investments4.0B6.3B7.2B7.8B(378.2M)(359.3M)
Net Receivables46.7M51.1M47.4M118.3M129.1M135.6M
Good Will711.7M700.8M690.9M1.2B1.1B1.2B
Common Stock Shares Outstanding63.9M63.7M61.7M103.3M103.8M53.3M
Liabilities And Stockholders Equity14.6B17.6B19.7B32.3B30.7B32.2B
Non Current Liabilities Total127.5M226.6M208.7M460.4M10.7B11.3B
Other Current Assets1.1B2.3B2.4B1.0B723.6M687.4M
Other Stockholder Equity11M600K(11M)11.5B13.2B13.8B
Total Liab12.6B15.7B17.7B29.2B27.4B28.8B
Property Plant And Equipment Gross306M312.3M495.8M666.9M673.5M707.2M
Total Current Assets4.1B6.3B7.2B7.9B723.6M687.4M
Accumulated Other Comprehensive Income11M56.6M(11M)(477.1M)(356.5M)(338.7M)
Short Term Debt697.7M1.1B1.1B3.4B3.4B3.6B
Intangible Assets30.2M24M28.2M31.1M109.7M115.2M
Short Term Investments3.0B4.0B4.8B6.9B5.8B6.1B
Common Stock1.0B941.1M945M2.5B2.4B2.6B
Other Liab26.7M30.9M165.2M16.2M14.6M13.9M
Long Term Debt102.7M100.8M199.4M2.6B283M336.8M
Inventory(1.1B)(2.3B)(2.4B)(1.0B)249.1M261.6M
Property Plant Equipment314.5M314.8M299.6M444.7M511.4M269.9M
Other Current Liab(141.7M)(150.2M)(152.1M)(460.4M)13.3B14.0B
Net Tangible Assets1.3B1.3B1.3B1.9B2.2B1.1B
Common Stock Total Equity1.0B941.1M945M2.5B2.8B3.0B
Retained Earnings Total Equity953.6M962.1M1.1B1.1B1.2B776.0M
Long Term Debt Total102.7M100.8M199.4M283.9M326.5M342.8M
Deferred Long Term Liab8.6M26.7M27.2M9.3M10.7M8.8M
Long Term Investments9.0B9.7B6.5B10.4B9.0B8.0B
Non Current Liabilities Other697.6M1.1B1.1B1.1B1.2B789.5M

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When determining whether First Interstate Ban is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the First Interstate Ban information on this page should be used as a complementary analysis to other First Interstate'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running First Interstate's price analysis, check to measure First Interstate'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 Interstate is operating at the current time. Most of First Interstate's value examination focuses on studying past and present price action to predict the probability of First Interstate'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 Interstate's price. Additionally, you may evaluate how the addition of First Interstate to your portfolios can decrease your overall portfolio volatility.
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Is First Interstate'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 First Interstate. 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 Interstate 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
1.88
Earnings Share
2.51
Revenue Per Share
9.566
Quarterly Revenue Growth
(0.01)
The market value of First Interstate Ban 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 Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate'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 Interstate's market value can be influenced by many factors that don't directly affect First Interstate'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 Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate'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.