First Property Plant And Equipment Net vs Non Current Assets Total Analysis
FR Stock | USD 46.15 0.12 0.26% |
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 Property Plant And Equipment Net and its Non Current Assets Total 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Property Plant And Equipment Net vs Non Current Assets Total
Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Industrial Realty Property Plant And Equipment Net account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Industrial's Property Plant And Equipment Net and Non Current Assets Total is -0.23. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total 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 Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of First Industrial Realty are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., First Industrial's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 tightly coupled 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 05/28/2024, 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 |
First Industrial fundamental ratios Correlations
Click cells to compare fundamentals
First Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for First Stock analysis
When running First Industrial's price analysis, check to measure First Industrial'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 Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial'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 Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Is First Industrial'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 Industrial. 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 Industrial 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 0.231 | Dividend Share 1.33 | Earnings Share 2.17 | Revenue Per Share 4.72 | Quarterly Revenue Growth 0.04 |
The market value of First Industrial Realty 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 Industrial's value that differs from its market value or its book value, called intrinsic value, which is First Industrial'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 Industrial's market value can be influenced by many factors that don't directly affect First Industrial'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 Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Industrial'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.