First Short Term Investments vs Total Current Liabilities 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 Short Term Investments and its Total Current Liabilities 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.
Short Term Investments vs Total Current Liabilities
Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Interstate Ban Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Interstate's Short Term Investments and Total Current Liabilities is 0.62. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities 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 Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of First Interstate BancSystem are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., First Interstate's Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of First Interstate balance sheet. It contains any investments First Interstate BancSystem undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that First Interstate Ban can easily liquidate in the marketplace.Total Current Liabilities
Total Current Liabilities is an item on First Interstate balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Interstate BancSystem are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Expense | 17.3M | 78.9M | 656.8M | 689.6M | Depreciation And Amortization | 9.9M | 15.9M | 15.7M | 10.2M |
First Interstate fundamental ratios Correlations
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First Interstate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Interstate fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.6B | 17.6B | 19.7B | 32.3B | 30.7B | 32.2B | |
Short Long Term Debt Total | 102.7M | 100.8M | 199.4M | 2.6B | 3.7B | 3.9B | |
Total Current Liabilities | 141.7M | 150.2M | 152.1M | 460.4M | 16.7B | 17.5B | |
Total Stockholder Equity | 2.0B | 2.0B | 2.0B | 3.1B | 3.2B | 3.4B | |
Property Plant And Equipment Net | 306M | 312.3M | 299.6M | 444.7M | 444.3M | 234.0M | |
Net Debt | (976M) | (2.1B) | (2.1B) | 1.7B | 3.1B | 3.2B | |
Retained Earnings | 953.6M | 962.1M | 1.1B | 1.1B | 1.1B | 658.1M | |
Accounts Payable | 141.7M | 150.2M | 152.1M | 460.4M | 432.6M | 454.2M | |
Cash | 1.1B | 2.3B | 2.3B | 870.4M | 577.9M | 789.5M | |
Non Current Assets Total | 4.1B | 5.1B | 7.5B | 12.1B | 29.9B | 31.4B | |
Non Currrent Assets Other | (4.1B) | (5.1B) | (7.5B) | (238.5M) | 27.8B | 29.2B | |
Other Assets | 6.5B | 6.2B | 4.9B | 12.3B | 14.1B | 9.8B | |
Cash And Short Term Investments | 4.0B | 6.3B | 7.2B | 7.8B | (378.2M) | (359.3M) | |
Net Receivables | 46.7M | 51.1M | 47.4M | 118.3M | 129.1M | 135.6M | |
Good Will | 711.7M | 700.8M | 690.9M | 1.2B | 1.1B | 1.2B | |
Common Stock Shares Outstanding | 63.9M | 63.7M | 61.7M | 103.3M | 103.8M | 53.3M | |
Liabilities And Stockholders Equity | 14.6B | 17.6B | 19.7B | 32.3B | 30.7B | 32.2B | |
Non Current Liabilities Total | 127.5M | 226.6M | 208.7M | 460.4M | 10.7B | 11.3B | |
Other Current Assets | 1.1B | 2.3B | 2.4B | 1.0B | 723.6M | 687.4M | |
Other Stockholder Equity | 11M | 600K | (11M) | 11.5B | 13.2B | 13.8B | |
Total Liab | 12.6B | 15.7B | 17.7B | 29.2B | 27.4B | 28.8B | |
Property Plant And Equipment Gross | 306M | 312.3M | 495.8M | 666.9M | 673.5M | 707.2M | |
Total Current Assets | 4.1B | 6.3B | 7.2B | 7.9B | 723.6M | 687.4M | |
Accumulated Other Comprehensive Income | 11M | 56.6M | (11M) | (477.1M) | (356.5M) | (338.7M) | |
Short Term Debt | 697.7M | 1.1B | 1.1B | 3.4B | 3.4B | 3.6B | |
Intangible Assets | 30.2M | 24M | 28.2M | 31.1M | 109.7M | 115.2M | |
Short Term Investments | 3.0B | 4.0B | 4.8B | 6.9B | 5.8B | 6.1B | |
Common Stock | 1.0B | 941.1M | 945M | 2.5B | 2.4B | 2.6B | |
Other Liab | 26.7M | 30.9M | 165.2M | 16.2M | 14.6M | 13.9M | |
Long Term Debt | 102.7M | 100.8M | 199.4M | 2.6B | 283M | 336.8M | |
Inventory | (1.1B) | (2.3B) | (2.4B) | (1.0B) | 249.1M | 261.6M | |
Property Plant Equipment | 314.5M | 314.8M | 299.6M | 444.7M | 511.4M | 269.9M | |
Other Current Liab | (141.7M) | (150.2M) | (152.1M) | (460.4M) | 13.3B | 14.0B | |
Net Tangible Assets | 1.3B | 1.3B | 1.3B | 1.9B | 2.2B | 1.1B | |
Common Stock Total Equity | 1.0B | 941.1M | 945M | 2.5B | 2.8B | 3.0B | |
Retained Earnings Total Equity | 953.6M | 962.1M | 1.1B | 1.1B | 1.2B | 776.0M | |
Long Term Debt Total | 102.7M | 100.8M | 199.4M | 283.9M | 326.5M | 342.8M | |
Deferred Long Term Liab | 8.6M | 26.7M | 27.2M | 9.3M | 10.7M | 8.8M | |
Long Term Investments | 9.0B | 9.7B | 6.5B | 10.4B | 9.0B | 8.0B | |
Non Current Liabilities Other | 697.6M | 1.1B | 1.1B | 1.1B | 1.2B | 789.5M |
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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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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.