First Total Current Liabilities vs Non Currrent Assets Other 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 Current Liabilities and its Non Currrent Assets Other 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 Current Liabilities vs Non Currrent Assets Other
Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Industrial Realty Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Industrial's Total Current Liabilities and Non Currrent Assets Other is 0.74. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Current Liabilities and Non Currrent Assets Other 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 Current Liabilities of First Industrial Realty are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., First Industrial's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on First Industrial 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 Industrial Realty 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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
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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 |
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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.