Finward Net Tangible Assets vs Total Current Liabilities Analysis

FNWD Stock  USD 24.48  0.08  0.33%   
Finward Bancorp financial indicator trend analysis is much more than just examining Finward Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finward Bancorp is a good investment. Please check the relationship between Finward Bancorp Net Tangible Assets and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finward Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.

Net Tangible Assets vs Total Current Liabilities

Net Tangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finward Bancorp Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Finward Bancorp's Net Tangible Assets and Total Current Liabilities is 0.93. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Finward Bancorp, assuming nothing else is changed. The correlation between historical values of Finward Bancorp's Net Tangible Assets 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 Net Tangible Assets of Finward Bancorp 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 Net Tangible Assets i.e., Finward Bancorp's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Current Liabilities

Total Current Liabilities is an item on Finward Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Finward Bancorp 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 Finward Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finward Bancorp 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 Finward Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.At present, Finward Bancorp's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 20.58, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.29.
 2021 2022 2023 2024 (projected)
Interest Expense2.1M4.9M31.2M32.8M
Depreciation And Amortization4.6M6.0M7.2M7.5M

Finward Bancorp fundamental ratios Correlations

0.730.730.810.330.770.730.710.65-0.18-0.190.980.870.70.960.870.420.910.970.96-0.070.820.96-0.540.480.89
0.730.180.460.740.350.680.670.65-0.38-0.720.810.640.790.810.840.350.530.60.570.260.330.82-0.080.570.53
0.730.180.930.010.960.310.270.180.180.390.60.790.370.580.470.470.770.780.78-0.160.840.58-0.570.30.82
0.810.460.930.310.970.40.320.230.040.090.720.930.630.730.630.620.780.830.81-0.050.760.71-0.50.550.86
0.330.740.010.310.220.020.090.08-0.19-0.560.410.410.760.420.540.630.190.220.180.040.040.40.240.760.21
0.770.350.960.970.220.330.270.180.110.260.660.840.530.630.570.590.730.770.77-0.090.840.63-0.540.460.81
0.730.680.310.40.020.330.890.88-0.35-0.440.770.550.360.760.66-0.140.590.670.650.390.450.78-0.390.050.6
0.710.670.270.320.090.270.890.98-0.31-0.460.780.490.260.730.69-0.270.610.630.620.390.460.77-0.26-0.10.6
0.650.650.180.230.080.180.880.98-0.29-0.530.730.440.220.690.65-0.320.560.550.570.390.350.74-0.23-0.130.53
-0.18-0.380.180.04-0.190.11-0.35-0.31-0.290.5-0.29-0.2-0.42-0.32-0.20.120.14-0.21-0.14-0.270.01-0.240.42-0.28-0.22
-0.19-0.720.390.09-0.560.26-0.44-0.46-0.530.5-0.36-0.21-0.44-0.42-0.390.09-0.04-0.09-0.08-0.40.37-0.41-0.14-0.3-0.09
0.980.810.60.720.410.660.770.780.73-0.29-0.360.850.740.980.920.360.860.930.93-0.010.710.99-0.490.490.87
0.870.640.790.930.410.840.550.490.44-0.2-0.210.850.750.880.760.530.820.880.880.020.650.86-0.520.610.95
0.70.790.370.630.760.530.360.260.22-0.42-0.440.740.750.780.760.760.530.680.66-0.180.40.73-0.350.930.63
0.960.810.580.730.420.630.760.730.69-0.32-0.420.980.880.780.880.390.860.930.93-0.020.640.99-0.490.540.88
0.870.840.470.630.540.570.660.690.65-0.2-0.390.920.760.760.880.440.790.810.81-0.050.610.9-0.240.510.77
0.420.350.470.620.630.59-0.14-0.27-0.320.120.090.360.530.760.390.440.40.420.42-0.490.40.35-0.150.890.37
0.910.530.770.780.190.730.590.610.560.14-0.040.860.820.530.860.790.40.910.94-0.210.750.89-0.380.340.87
0.970.60.780.830.220.770.670.630.55-0.21-0.090.930.880.680.930.810.420.910.98-0.160.810.92-0.610.470.94
0.960.570.780.810.180.770.650.620.57-0.14-0.080.930.880.660.930.810.420.940.98-0.230.80.92-0.640.460.93
-0.070.26-0.16-0.050.04-0.090.390.390.39-0.27-0.4-0.010.02-0.18-0.02-0.05-0.49-0.21-0.16-0.23-0.190.00.24-0.32-0.04
0.820.330.840.760.040.840.450.460.350.010.370.710.650.40.640.610.40.750.810.8-0.190.65-0.550.250.75
0.960.820.580.710.40.630.780.770.74-0.24-0.410.990.860.730.990.90.350.890.920.920.00.65-0.440.480.86
-0.54-0.08-0.57-0.50.24-0.54-0.39-0.26-0.230.42-0.14-0.49-0.52-0.35-0.49-0.24-0.15-0.38-0.61-0.640.24-0.55-0.44-0.27-0.59
0.480.570.30.550.760.460.05-0.1-0.13-0.28-0.30.490.610.930.540.510.890.340.470.46-0.320.250.48-0.270.42
0.890.530.820.860.210.810.60.60.53-0.22-0.090.870.950.630.880.770.370.870.940.93-0.040.750.86-0.590.42
Click cells to compare fundamentals

Finward Bancorp Account Relationship Matchups

Finward Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.5B1.6B2.1B2.1B2.2B
Short Long Term Debt Total14M6.1M14.6M120M118.1M124.0M
Total Stockholder Equity134.1M152.9M156.6M136.4M147.3M78.0M
Property Plant And Equipment Net29.4M30.8M31.4M40.2M38.4M20.0M
Net Debt(33.3M)(13.8M)(18.6M)88.7M32.5M19.5M
Retained Earnings100.2M112.5M121.9M131.7M129.4M69.3M
Cash47.3M19.9M33.2M31.3M85.6M89.9M
Non Current Assets Total317.7M452.6M572.5M67.4M2.0B2.1B
Non Currrent Assets Other(6.6M)(6.9M)(7.2M)(403.6M)1.8B1.9B
Other Assets682.5M609.7M482.7M91.0M104.7M99.4M
Cash And Short Term Investments324.5M430.6M560.1M31.3M(86.0M)(81.7M)
Net Receivables4.0M4.7M5.4M7.4M8.0M8.4M
Common Stock Shares Outstanding3.4M3.5M3.5M4.2M4.3M3.3M
Liabilities And Stockholders Equity1.3B1.5B1.6B2.1B2.1B2.2B
Non Current Liabilities Total14M6.1M257.5M1.9B652.0M684.6M
Other Stockholder Equity29.7M30.0M30.4M69.0M69.6M73.0M
Total Liab14M6.1M1.5B1.9B2.0B2.1B
Total Current Assets328.5M435.3M565.5M1.9B94.1M89.4M
Accumulated Other Comprehensive Income4.3M10.4M4.3M(64.3M)(51.6M)(49.0M)
Other Current Liab892.0M1.0B1.2B1.4B1.3B1.3B
Total Current Liabilities911.5M1.0B1.2B1.4B1.3B1.4B
Short Term Debt19.5M19.9M14.6M15.5M38.1M21.3M
Short Term Investments277.2M410.7M526.9M370.9M371.4M389.9M
Other Current Assets54.5M27.1M40.3M41.2M94.1M123.6M
Inventory(54.5M)(27.1M)(40.3M)1.8B78.0M74.1M
Net Tangible Assets93.3M123.0M141.8M156.6M180.1M132.9M
Accounts Payable1.2B22.4M1.4B1.8B2.0B1.1B
Long Term Debt43M14M6.1M120M80M52.1M
Net Invested Capital144.5M148.1M159.1M256.4M227.3M192.2M
Long Term Investments277.2M1.4B526.9M370.9M371.4M535.7M
Property Plant Equipment24.8M29.4M30.8M31.4M36.1M29.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Finward Bancorp is a strong investment it is important to analyze Finward Bancorp'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 Finward Bancorp's future performance. For an informed investment choice regarding Finward Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finward Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Finward Stock analysis

When running Finward Bancorp's price analysis, check to measure Finward Bancorp'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 Finward Bancorp is operating at the current time. Most of Finward Bancorp's value examination focuses on studying past and present price action to predict the probability of Finward Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finward Bancorp's price. Additionally, you may evaluate how the addition of Finward Bancorp to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Is Finward Bancorp'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 Finward Bancorp. If investors know Finward 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 Finward Bancorp 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
3.255
Dividend Share
0.86
Earnings Share
3.62
Revenue Per Share
16.902
Quarterly Revenue Growth
0.504
The market value of Finward Bancorp is measured differently than its book value, which is the value of Finward that is recorded on the company's balance sheet. Investors also form their own opinion of Finward Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Finward Bancorp'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 Finward Bancorp's market value can be influenced by many factors that don't directly affect Finward Bancorp'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 Finward Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finward Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finward Bancorp'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.