First Cash vs Accounts Payable Analysis

FR Stock

USD 46.58 0.13 0.28%

First Industrial financial indicator trend analysis is much more than just examining First Industrial Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Industrial Realty is a good investment. Please check the relationship between First Industrial Cash and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Industrial Realty Cash account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.

The correlation between First Industrial's Cash and Accounts Payable is 0.09. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of First Industrial Realty, assuming nothing else is changed. The correlation between historical values of First Industrial's Cash and Accounts Payable 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 Industrial Realty are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., First Industrial's Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

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

Accounts Payable

An accounting item on the balance sheet that represents First Industrial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Industrial Realty are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from First Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Industrial Realty 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 Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, First Industrial's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/06/2024, Enterprise Value is likely to grow to about 9.6 B, while Selling General Administrative is likely to drop slightly above 33.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	345.0M	396.3M	448.4M	305.9M
Total Revenue	476.3M	539.9M	614.0M	396.4M

Gross Profit Total Revenue

First Industrial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Total Current Assets	Common Stock	Other Liab	Long Term Debt	Short Term Investments
Total Assets		0.95	0.98	-0.28	0.93	0.41	0.83	0.58	0.81	0.95	0.91	0.97	-0.28	0.33	0.7	-0.32	0.61	0.99	0.61	0.77	0.85	0.81	0.81	0.09	0.79	0.28
Short Long Term Debt Total	0.95		0.87	-0.16	0.99	0.25	0.78	0.56	0.79	0.98	0.88	1.0	-0.16	0.48	0.69	-0.48	0.49	0.95	0.49	0.7	0.84	0.7	0.79	-0.1	0.74	0.09
Total Stockholder Equity	0.98	0.87		-0.33	0.84	0.45	0.79	0.53	0.8	0.87	0.89	0.9	-0.33	0.24	0.66	-0.21	0.67	0.97	0.67	0.73	0.83	0.82	0.79	0.2	0.76	0.41
Property Plant And Equipment Net	-0.28	-0.16	-0.33		-0.15	-0.15	-0.62	-0.18	-0.44	-0.11	-0.32	-0.2	1.0	0.04	-0.5	0.05	-0.2	-0.23	-0.2	-0.59	-0.4	-0.54	-0.41	-0.11	-0.13	-0.2
Net Debt	0.93	0.99	0.84	-0.15		0.22	0.77	0.52	0.77	0.96	0.87	0.99	-0.15	0.5	0.71	-0.51	0.4	0.93	0.4	0.69	0.83	0.66	0.78	-0.14	0.71	0.05
Retained Earnings	0.41	0.25	0.45	-0.15	0.22		0.44	0.8	-0.11	0.29	0.04	0.32	-0.15	-0.62	0.41	0.62	0.45	0.41	0.45	0.64	-0.07	0.59	-0.14	0.8	0.76	0.07
Non Currrent Assets Other	0.83	0.78	0.79	-0.62	0.77	0.44		0.64	0.7	0.78	0.77	0.82	-0.62	0.27	0.74	-0.34	0.47	0.78	0.47	0.96	0.71	0.88	0.7	0.01	0.67	0.2
Other Assets	0.58	0.56	0.53	-0.18	0.52	0.8	0.64		0.12	0.58	0.27	0.59	-0.18	-0.21	0.51	0.19	0.59	0.56	0.59	0.77	0.18	0.7	0.11	0.4	0.86	-0.12
Common Stock Shares Outstanding	0.81	0.79	0.8	-0.44	0.77	-0.11	0.7	0.12		0.75	0.96	0.78	-0.44	0.67	0.55	-0.65	0.43	0.79	0.43	0.52	0.98	0.61	1.0	-0.3	0.33	0.42
Non Current Liabilities Total	0.95	0.98	0.87	-0.11	0.96	0.29	0.78	0.58	0.75		0.88	0.98	-0.11	0.48	0.56	-0.46	0.57	0.94	0.57	0.69	0.79	0.72	0.76	-0.09	0.79	0.18
Other Stockholder Equity	0.91	0.88	0.89	-0.32	0.87	0.04	0.77	0.27	0.96	0.88		0.88	-0.32	0.64	0.55	-0.62	0.52	0.89	0.52	0.61	0.96	0.7	0.97	-0.24	0.5	0.42
Total Liab	0.97	1.0	0.9	-0.2	0.99	0.32	0.82	0.59	0.78	0.98	0.88		-0.2	0.43	0.71	-0.43	0.53	0.96	0.53	0.75	0.83	0.75	0.78	-0.04	0.78	0.13
Property Plant And Equipment Gross	-0.28	-0.16	-0.33	1.0	-0.15	-0.15	-0.62	-0.18	-0.44	-0.11	-0.32	-0.2		0.04	-0.5	0.05	-0.2	-0.23	-0.2	-0.59	-0.4	-0.54	-0.41	-0.11	-0.13	-0.2
Other Current Liab	0.33	0.48	0.24	0.04	0.5	-0.62	0.27	-0.21	0.67	0.48	0.64	0.43	0.04		0.05	-0.97	0.04	0.3	0.04	0.04	0.64	0.13	0.7	-0.88	-0.13	0.19
Total Current Liabilities	0.7	0.69	0.66	-0.5	0.71	0.41	0.74	0.51	0.55	0.56	0.55	0.71	-0.5	0.05		-0.14	0.16	0.7	0.16	0.77	0.61	0.64	0.53	0.2	0.52	-0.16
Accounts Payable	-0.32	-0.48	-0.21	0.05	-0.51	0.62	-0.34	0.19	-0.65	-0.46	-0.62	-0.43	0.05	-0.97	-0.14		0.09	-0.28	0.09	-0.12	-0.64	-0.1	-0.69	0.9	0.14	-0.08
Cash	0.61	0.49	0.67	-0.2	0.4	0.45	0.47	0.59	0.43	0.57	0.52	0.53	-0.2	0.04	0.16	0.09		0.6	1.0	0.44	0.4	0.68	0.42	0.32	0.65	0.43
Non Current Assets Total	0.99	0.95	0.97	-0.23	0.93	0.41	0.78	0.56	0.79	0.94	0.89	0.96	-0.23	0.3	0.7	-0.28	0.6		0.6	0.73	0.84	0.76	0.78	0.13	0.8	0.25
Cash And Short Term Investments	0.61	0.49	0.67	-0.2	0.4	0.45	0.47	0.59	0.43	0.57	0.52	0.53	-0.2	0.04	0.16	0.09	1.0	0.6		0.44	0.4	0.68	0.42	0.32	0.65	0.43
Net Receivables	0.77	0.7	0.73	-0.59	0.69	0.64	0.96	0.77	0.52	0.69	0.61	0.75	-0.59	0.04	0.77	-0.12	0.44	0.73	0.44		0.55	0.88	0.51	0.21	0.75	0.11
Common Stock Total Equity	0.85	0.84	0.83	-0.4	0.83	-0.07	0.71	0.18	0.98	0.79	0.96	0.83	-0.4	0.64	0.61	-0.64	0.4	0.84	0.4	0.55		0.61	0.98	-0.28	0.39	0.36
Total Current Assets	0.81	0.7	0.82	-0.54	0.66	0.59	0.88	0.7	0.61	0.72	0.7	0.75	-0.54	0.13	0.64	-0.1	0.68	0.76	0.68	0.88	0.61		0.6	0.22	0.74	0.4
Common Stock	0.81	0.79	0.79	-0.41	0.78	-0.14	0.7	0.11	1.0	0.76	0.97	0.78	-0.41	0.7	0.53	-0.69	0.42	0.78	0.42	0.51	0.98	0.6		-0.35	0.31	0.41
Other Liab	0.09	-0.1	0.2	-0.11	-0.14	0.8	0.01	0.4	-0.3	-0.09	-0.24	-0.04	-0.11	-0.88	0.2	0.9	0.32	0.13	0.32	0.21	-0.28	0.22	-0.35		0.45	0.05
Long Term Debt	0.79	0.74	0.76	-0.13	0.71	0.76	0.67	0.86	0.33	0.79	0.5	0.78	-0.13	-0.13	0.52	0.14	0.65	0.8	0.65	0.75	0.39	0.74	0.31	0.45		0.07
Short Term Investments	0.28	0.09	0.41	-0.2	0.05	0.07	0.2	-0.12	0.42	0.18	0.42	0.13	-0.2	0.19	-0.16	-0.08	0.43	0.25	0.43	0.11	0.36	0.4	0.41	0.05	0.07

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First Industrial Account Relationship Matchups

First Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.8B	4.2B	5.0B	5.2B	3.1B
Short Long Term Debt Total	1.5B	1.6B	1.6B	2.1B	2.2B	1.5B
Total Stockholder Equity	1.8B	1.9B	2.2B	2.5B	2.6B	1.3B
Net Debt	1.5B	1.5B	1.6B	2.0B	2.2B	1.5B
Retained Earnings	(370.8M)	(306.3M)	(178.3M)	23.1M	127.7M	134.1M
Non Currrent Assets Other	3.1B	3.3B	3.8B	4.4B	4.7B	4.9B
Other Assets	128.3M	3.6B	291.01	4.6B	5.3B	5.6B
Common Stock Shares Outstanding	126.7M	127.9M	129.8M	132.1M	132.3M	79.2M
Liabilities And Stockholders Equity	3.5B	3.8B	4.2B	5.0B	5.2B	3.1B
Non Current Liabilities Total	1.4B	1.7B	1.7B	2.1B	2.1B	1.6B
Other Stockholder Equity	2.2B	2.3B	2.4B	2.5B	2.4B	1.7B
Total Liab	1.7B	1.8B	1.9B	2.4B	2.5B	1.8B
Other Current Liab	30.6M	33.7M	(61.4M)	(58.9M)	(62.5M)	(59.4M)
Total Current Liabilities	303.2M	154.0M	269.3M	363.1M	486.6M	283.1M
Accounts Payable	114.6M	120.3M	153.1M	178.9M	143.4M	133.5M
Cash	21.1M	162.1M	58.6M	133.2M	43.8M	34.1M
Non Current Assets Total	3.1B	3.4B	3.9B	4.5B	4.8B	2.7B
Cash And Short Term Investments	21.1M	162.1M	58.6M	133.2M	43.8M	34.1M
Net Receivables	86.2M	90.3M	103.8M	130.1M	155.0M	162.8M
Common Stock Total Equity	1.3M	1.3M	1.3M	1.3M	1.5M	855.3K
Total Current Assets	421.8M	424.9M	318.7M	475.3M	402.1M	422.3M
Accumulated Other Comprehensive Income	(6.9M)	(17.0M)	(4.2M)	33.4M	22.3M	23.4M
Common Stock	1.3M	1.3M	1.3M	1.3M	1.3M	876.7K
Other Liab	69.4M	73.2M	107.8M	115.3M	103.8M	75.0M
Long Term Debt	1.3B	1.6B	1.5B	1.9B	1.9B	1.7B
Other Current Assets	(239.0M)	(289.9M)	(162.6M)	200.1M	203.3M	213.4M
Inventory	59.5M	1.0	15.7M	318.8M	11.9M	0.95
Intangible Assets	28.5M	25.2M	21.3M	24.1M	21.5M	34.5M
Net Tangible Assets	1.7B	1.9B	2.0B	2.4B	2.8B	1.6B
Noncontrolling Interest In Consolidated Entity	33.9M	44.6M	53.6M	71.1M	64.0M	109.9M
Retained Earnings Total Equity	(370.8M)	(306.3M)	(178.3M)	23.1M	26.6M	27.9M
Long Term Debt Total	1.3B	1.6B	1.5B	1.9B	2.2B	1.5B
Capital Surpluse	2.1B	2.2B	2.4B	2.4B	2.8B	2.3B
Long Term Investments	18.2M	61.4M	36.0M	8.8M	44.7M	29.2M
Non Current Liabilities Other	34.3M	33.9M	31.8M	37.4M	43.0M	22.3M
Short Term Debt	158M	261.9M	79M	143M	299M	163.5M
Property Plant Equipment	3.0B	3.3B	3.8B	4.4B	5.1B	3.0B

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First Cash vs Accounts Payable Analysis

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

Correlation Coefficient

Cash

Accounts Payable

First Industrial fundamental ratios Correlations

First Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Industrial fundamental ratios Accounts

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Additional Tools for First Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Accounts Payable	- 0.97	Other Current Liab
Other Liab	- 0.88	Other Current Liab
Common Stock	- 0.69	Accounts Payable
Accounts Payable	- 0.65	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.64	Accounts Payable
Accounts Payable	- 0.62	Other Stockholder Equity