1st Common Stock vs Property Plant Equipment Analysis
| SRCE Stock | USD 52.53 0.33 0.63% |
1st Source financial indicator trend analysis is way more than just evaluating 1st Source prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1st Source is a good investment. Please check the relationship between 1st Source Common Stock and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
Common Stock vs Property Plant Equipment
Common Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1st Source Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between 1st Source's Common Stock and Property Plant Equipment is 0.14. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of 1st Source, assuming nothing else is changed. The correlation between historical values of 1st Source's Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of 1st Source are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., 1st Source's Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.14 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Common Stock
Property Plant Equipment
Most indicators from 1st Source's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 1st Source 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 World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.At present, 1st Source's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 251.04, whereas Tax Provision is forecasted to decline to about 34.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 336.7M | 354.7M | 507.5M | 532.9M | Total Revenue | 336.7M | 354.7M | 507.5M | 532.9M |
1st Source fundamental ratios Correlations
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1st Source Account Relationship Matchups
High Positive Relationship
High Negative Relationship
1st Source fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 25.6M | 25.5M | 25.0M | 24.7M | 24.6M | 21.7M | |
| Total Assets | 6.6B | 7.3B | 8.1B | 8.3B | 8.7B | 4.5B | |
| Short Long Term Debt Total | 155.8M | 147.7M | 135.3M | 179.4M | 419.0M | 440.0M | |
| Other Current Liab | (25.4M) | (7.1M) | (5.3M) | (74.1M) | 4.1B | 2.2B | |
| Total Current Liabilities | 25.4M | 7.1M | 5.3M | 74.1M | 4.4B | 4.6B | |
| Total Stockholder Equity | 828.3M | 886.8M | 916.3M | 864.1M | 989.6M | 1.0B | |
| Property Plant And Equipment Net | 163.9M | 114.4M | 95.5M | 76.5M | 66.5M | 102.1M | |
| Net Debt | 88.6M | 73.5M | 80.9M | 94.7M | 341.6M | 358.6M | |
| Retained Earnings | 463.3M | 514.2M | 603.8M | 694.9M | 789.8M | 829.3M | |
| Cash | 67.2M | 74.2M | 54.4M | 84.7M | 77.5M | 72.3M | |
| Non Current Assets Total | 1.3B | 1.4B | 2.1B | 2.0B | 8.6B | 9.0B | |
| Non Currrent Assets Other | (1.3B) | (1.4B) | (2.1B) | (2.0B) | 427.1M | 448.4M | |
| Other Assets | 4.0B | 4.3B | 3.8B | 4.1B | 1.0 | 0.95 | |
| Cash And Short Term Investments | 1.1B | 1.3B | 1.9B | 1.9B | 106.4M | 101.1M | |
| Liabilities And Stockholders Equity | 6.6B | 7.3B | 8.1B | 8.3B | 8.7B | 4.5B | |
| Non Current Liabilities Total | 130.4M | 140.6M | 130.0M | 74.1M | 3.3B | 3.4B | |
| Other Stockholder Equity | (76.7M) | (82.2M) | (114.2M) | (119.6M) | (130.5M) | (124.0M) | |
| Total Liab | 5.8B | 6.4B | 7.1B | 7.4B | 7.7B | 4.0B | |
| Property Plant And Equipment Gross | 163.9M | 114.4M | 95.5M | 76.5M | 164.5M | 103.0M | |
| Total Current Assets | 1.3B | 1.6B | 2.2B | 2.2B | 130.4M | 123.9M | |
| Short Term Debt | 25.4M | 7.1M | 5.3M | 74.1M | 312.4M | 328.0M | |
| Accumulated Other Comprehensive Income | 5.2M | 18.4M | (9.9M) | (147.7M) | (106.3M) | (101.0M) | |
| Other Liab | 18.3M | 25.2M | 25.0M | 23.7M | 21.3M | 38.2M | |
| Accounts Payable | 5.4B | 5.9B | 6.7B | 6.9B | 8.0B | 4.4B | |
| Short Term Investments | 1.0B | 1.2B | 1.9B | 1.8B | 1.6B | 1.7B | |
| Inventory | (92.5M) | (265.6M) | (543.8M) | (148.0M) | (133.2M) | (126.5M) | |
| Treasury Stock | (76.7M) | (82.2M) | (114.2M) | (119.6M) | (107.7M) | (102.3M) | |
| Property Plant Equipment | 52.2M | 49.4M | 95.5M | 31.7M | 28.5M | 27.1M | |
| Good Will | 83.9M | 83.9M | 83.9M | 83.9M | 83.9M | 81.9M | |
| Intangible Assets | 104K | 82K | 60K | 40K | 83.9M | 49.8M | |
| Other Current Assets | 92.5M | 265.6M | 543.8M | 148.0M | 130.4M | 123.9M | |
| Net Tangible Assets | 744.3M | 802.9M | 832.3M | 780.2M | 897.2M | 692.6M | |
| Noncontrolling Interest In Consolidated Entity | 20.4M | 43.8M | 53.2M | 59.7M | 68.7M | 72.1M | |
| Retained Earnings Total Equity | 463.3M | 514.2M | 603.8M | 694.9M | 799.1M | 415.8M | |
| Long Term Investments | 6.0B | 6.6B | 1.9B | 1.8B | 1.6B | 3.0B | |
| Non Current Liabilities Other | 212.2M | 230.3M | 189.0M | 213.1M | 245.1M | 169.8M | |
| Net Receivables | 228.0M | 288.6M | 269.5M | 380.0M | 437.0M | 458.9M |
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When determining whether 1st Source is a strong investment it is important to analyze 1st Source'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 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.Note that the 1st Source information on this page should be used as a complementary analysis to other 1st Source's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running 1st Source's price analysis, check to measure 1st Source'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 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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Is 1st Source'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 1st Source. If investors know 1st 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 1st Source 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 (0.05) | Dividend Share 1.34 | Earnings Share 4.97 | Revenue Per Share 14.701 | Quarterly Revenue Growth (0.03) |
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source'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 1st Source's market value can be influenced by many factors that don't directly affect 1st Source'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 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source'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.