First Total Assets vs Common Stock Shares Outstanding 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 Total Assets and its Common Stock Shares Outstanding 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.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Industrial Realty Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Industrial's Total Assets and Common Stock Shares Outstanding is 0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of First Industrial Realty are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., First Industrial's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of First Industrial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Industrial Realty books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit345.0M396.3M448.4M305.9M
Total Revenue476.3M539.9M614.0M396.4M

First Industrial fundamental ratios Correlations

0.950.98-0.280.930.410.830.580.810.950.910.97-0.280.330.7-0.320.610.990.610.770.850.810.810.090.790.28
0.950.87-0.160.990.250.780.560.790.980.881.0-0.160.480.69-0.480.490.950.490.70.840.70.79-0.10.740.09
0.980.87-0.330.840.450.790.530.80.870.890.9-0.330.240.66-0.210.670.970.670.730.830.820.790.20.760.41
-0.28-0.16-0.33-0.15-0.15-0.62-0.18-0.44-0.11-0.32-0.21.00.04-0.50.05-0.2-0.23-0.2-0.59-0.4-0.54-0.41-0.11-0.13-0.2
0.930.990.84-0.150.220.770.520.770.960.870.99-0.150.50.71-0.510.40.930.40.690.830.660.78-0.140.710.05
0.410.250.45-0.150.220.440.8-0.110.290.040.32-0.15-0.620.410.620.450.410.450.64-0.070.59-0.140.80.760.07
0.830.780.79-0.620.770.440.640.70.780.770.82-0.620.270.74-0.340.470.780.470.960.710.880.70.010.670.2
0.580.560.53-0.180.520.80.640.120.580.270.59-0.18-0.210.510.190.590.560.590.770.180.70.110.40.86-0.12
0.810.790.8-0.440.77-0.110.70.120.750.960.78-0.440.670.55-0.650.430.790.430.520.980.611.0-0.30.330.42
0.950.980.87-0.110.960.290.780.580.750.880.98-0.110.480.56-0.460.570.940.570.690.790.720.76-0.090.790.18
0.910.880.89-0.320.870.040.770.270.960.880.88-0.320.640.55-0.620.520.890.520.610.960.70.97-0.240.50.42
0.971.00.9-0.20.990.320.820.590.780.980.88-0.20.430.71-0.430.530.960.530.750.830.750.78-0.040.780.13
-0.28-0.16-0.331.0-0.15-0.15-0.62-0.18-0.44-0.11-0.32-0.20.04-0.50.05-0.2-0.23-0.2-0.59-0.4-0.54-0.41-0.11-0.13-0.2
0.330.480.240.040.5-0.620.27-0.210.670.480.640.430.040.05-0.970.040.30.040.040.640.130.7-0.88-0.130.19
0.70.690.66-0.50.710.410.740.510.550.560.550.71-0.50.05-0.140.160.70.160.770.610.640.530.20.52-0.16
-0.32-0.48-0.210.05-0.510.62-0.340.19-0.65-0.46-0.62-0.430.05-0.97-0.140.09-0.280.09-0.12-0.64-0.1-0.690.90.14-0.08
0.610.490.67-0.20.40.450.470.590.430.570.520.53-0.20.040.160.090.61.00.440.40.680.420.320.650.43
0.990.950.97-0.230.930.410.780.560.790.940.890.96-0.230.30.7-0.280.60.60.730.840.760.780.130.80.25
0.610.490.67-0.20.40.450.470.590.430.570.520.53-0.20.040.160.091.00.60.440.40.680.420.320.650.43
0.770.70.73-0.590.690.640.960.770.520.690.610.75-0.590.040.77-0.120.440.730.440.550.880.510.210.750.11
0.850.840.83-0.40.83-0.070.710.180.980.790.960.83-0.40.640.61-0.640.40.840.40.550.610.98-0.280.390.36
0.810.70.82-0.540.660.590.880.70.610.720.70.75-0.540.130.64-0.10.680.760.680.880.610.60.220.740.4
0.810.790.79-0.410.78-0.140.70.111.00.760.970.78-0.410.70.53-0.690.420.780.420.510.980.6-0.350.310.41
0.09-0.10.2-0.11-0.140.80.010.4-0.3-0.09-0.24-0.04-0.11-0.880.20.90.320.130.320.21-0.280.22-0.350.450.05
0.790.740.76-0.130.710.760.670.860.330.790.50.78-0.13-0.130.520.140.650.80.650.750.390.740.310.450.07
0.280.090.41-0.20.050.070.2-0.120.420.180.420.13-0.20.19-0.16-0.080.430.250.430.110.360.40.410.050.07
Click cells to compare fundamentals

First Industrial Account Relationship Matchups

First Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.8B4.2B5.0B5.2B3.1B
Short Long Term Debt Total1.5B1.6B1.6B2.1B2.2B1.5B
Total Stockholder Equity1.8B1.9B2.2B2.5B2.6B1.3B
Net Debt1.5B1.5B1.6B2.0B2.2B1.5B
Retained Earnings(370.8M)(306.3M)(178.3M)23.1M127.7M134.1M
Non Currrent Assets Other3.1B3.3B3.8B4.4B4.7B4.9B
Other Assets128.3M3.6B291.014.6B5.3B5.6B
Common Stock Shares Outstanding126.7M127.9M129.8M132.1M132.3M79.2M
Liabilities And Stockholders Equity3.5B3.8B4.2B5.0B5.2B3.1B
Non Current Liabilities Total1.4B1.7B1.7B2.1B2.1B1.6B
Other Stockholder Equity2.2B2.3B2.4B2.5B2.4B1.7B
Total Liab1.7B1.8B1.9B2.4B2.5B1.8B
Other Current Liab30.6M33.7M(61.4M)(58.9M)(62.5M)(59.4M)
Total Current Liabilities303.2M154.0M269.3M363.1M486.6M283.1M
Accounts Payable114.6M120.3M153.1M178.9M143.4M133.5M
Cash21.1M162.1M58.6M133.2M43.8M34.1M
Non Current Assets Total3.1B3.4B3.9B4.5B4.8B2.7B
Cash And Short Term Investments21.1M162.1M58.6M133.2M43.8M34.1M
Net Receivables86.2M90.3M103.8M130.1M155.0M162.8M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M855.3K
Total Current Assets421.8M424.9M318.7M475.3M402.1M422.3M
Accumulated Other Comprehensive Income(6.9M)(17.0M)(4.2M)33.4M22.3M23.4M
Common Stock1.3M1.3M1.3M1.3M1.3M876.7K
Other Liab69.4M73.2M107.8M115.3M103.8M75.0M
Long Term Debt1.3B1.6B1.5B1.9B1.9B1.7B
Other Current Assets(239.0M)(289.9M)(162.6M)200.1M203.3M213.4M
Inventory59.5M1.015.7M318.8M11.9M0.95
Intangible Assets28.5M25.2M21.3M24.1M21.5M34.5M
Net Tangible Assets1.7B1.9B2.0B2.4B2.8B1.6B
Noncontrolling Interest In Consolidated Entity33.9M44.6M53.6M71.1M64.0M109.9M
Retained Earnings Total Equity(370.8M)(306.3M)(178.3M)23.1M26.6M27.9M
Long Term Debt Total1.3B1.6B1.5B1.9B2.2B1.5B
Capital Surpluse2.1B2.2B2.4B2.4B2.8B2.3B
Long Term Investments18.2M61.4M36.0M8.8M44.7M29.2M
Non Current Liabilities Other34.3M33.9M31.8M37.4M43.0M22.3M
Short Term Debt158M261.9M79M143M299M163.5M
Property Plant Equipment3.0B3.3B3.8B4.4B5.1B3.0B

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When determining whether First Industrial Realty is a strong investment it is important to analyze First Industrial'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 First Industrial's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
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.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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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.
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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.