1st Net Debt vs Earning Assets 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 Net Debt and its Earning Assets 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.

Net Debt vs Earning Assets

Net Debt vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1st Source Net Debt account and Earning Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between 1st Source's Net Debt and Earning Assets is 0.4. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Earning Assets 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 Net Debt and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of 1st Source are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Net Debt i.e., 1st Source's Net Debt and Earning Assets go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Earning Assets

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

Gross Profit Total Revenue

1st Source fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Common Stock Shares Outstanding		0.24	-0.19	0.47	-0.55	-0.01	0.56	-0.16	-0.37	-0.13	-0.53	0.0	0.83	0.35	-0.54	0.16	0.23	0.38	0.78	-0.39	0.24	0.24	0.04	-0.02	-0.23	-0.12
Total Assets	0.24		0.29	-0.12	0.17	0.82	0.19	0.3	0.73	-0.01	0.29	-0.48	0.02	0.58	0.18	-0.84	1.0	0.44	-0.03	0.13	0.75	0.75	-0.65	0.95	0.5	0.81
Short Long Term Debt Total	-0.19	0.29		0.37	0.86	0.63	0.06	0.99	0.65	0.02	0.85	0.49	-0.36	-0.34	0.85	-0.61	0.29	0.37	-0.21	0.96	0.65	0.65	-0.25	0.34	0.13	0.51
Other Current Liab	0.47	-0.12	0.37		0.11	-0.05	0.54	0.36	-0.25	0.13	0.05	0.8	0.5	-0.33	0.11	0.17	-0.13	0.55	0.67	0.29	0.24	0.24	0.02	-0.23	-0.39	-0.23
Total Current Liabilities	-0.55	0.17	0.86	0.11		0.52	-0.28	0.84	0.7	0.08	0.99	0.44	-0.73	-0.53	1.0	-0.57	0.17	0.1	-0.59	0.91	0.41	0.41	-0.12	0.34	0.24	0.49
Total Stockholder Equity	-0.01	0.82	0.63	-0.05	0.52		0.26	0.63	0.91	-0.07	0.62	-0.22	-0.16	0.33	0.53	-0.96	0.82	0.47	-0.16	0.46	0.93	0.93	-0.6	0.79	0.45	0.9
Property Plant And Equipment Net	0.56	0.19	0.06	0.54	-0.28	0.26		0.08	-0.11	-0.14	-0.26	0.15	0.74	0.26	-0.27	-0.05	0.17	0.81	0.73	-0.13	0.51	0.51	-0.49	-0.03	-0.37	-0.05
Net Debt	-0.16	0.3	0.99	0.36	0.84	0.63	0.08		0.64	-0.08	0.84	0.47	-0.35	-0.33	0.84	-0.62	0.3	0.38	-0.2	0.95	0.66	0.66	-0.26	0.34	0.15	0.52
Retained Earnings	-0.37	0.73	0.65	-0.25	0.7	0.91	-0.11	0.64		0.06	0.79	-0.24	-0.5	0.19	0.7	-0.96	0.73	0.21	-0.48	0.59	0.72	0.72	-0.51	0.81	0.58	0.92
Cash	-0.13	-0.01	0.02	0.13	0.08	-0.07	-0.14	-0.08	0.06		0.07	0.17	-0.02	-0.02	0.07	0.06	-0.01	0.03	-0.01	0.08	-0.12	-0.12	-0.01	0.06	-0.29	-0.08
Non Current Assets Total	-0.53	0.29	0.85	0.05	0.99	0.62	-0.26	0.84	0.79	0.07		0.32	-0.72	-0.41	0.99	-0.68	0.3	0.11	-0.59	0.88	0.5	0.5	-0.18	0.46	0.35	0.61
Non Currrent Assets Other	0.0	-0.48	0.49	0.8	0.44	-0.22	0.15	0.47	-0.24	0.17	0.32		-0.01	-0.8	0.43	0.3	-0.49	0.22	0.18	0.53	-0.03	-0.03	0.29	-0.45	-0.48	-0.38
Other Assets	0.83	0.02	-0.36	0.5	-0.73	-0.16	0.74	-0.35	-0.5	-0.02	-0.72	-0.01		0.45	-0.73	0.32	0.01	0.41	0.96	-0.52	0.12	0.12	-0.08	-0.24	-0.35	-0.29
Cash And Short Term Investments	0.35	0.58	-0.34	-0.33	-0.53	0.33	0.26	-0.33	0.19	-0.02	-0.41	-0.8	0.45		-0.52	-0.32	0.58	0.2	0.33	-0.47	0.29	0.29	-0.45	0.44	0.31	0.4
Non Current Liabilities Total	-0.54	0.18	0.85	0.11	1.0	0.53	-0.27	0.84	0.7	0.07	0.99	0.43	-0.73	-0.52		-0.58	0.19	0.1	-0.59	0.89	0.43	0.43	-0.12	0.35	0.25	0.5
Other Stockholder Equity	0.16	-0.84	-0.61	0.17	-0.57	-0.96	-0.05	-0.62	-0.96	0.06	-0.68	0.3	0.32	-0.32	-0.58		-0.84	-0.32	0.3	-0.5	-0.84	-0.84	0.58	-0.86	-0.62	-0.96
Total Liab	0.23	1.0	0.29	-0.13	0.17	0.82	0.17	0.3	0.73	-0.01	0.3	-0.49	0.01	0.58	0.19	-0.84		0.43	-0.04	0.14	0.74	0.74	-0.65	0.96	0.51	0.81
Property Plant And Equipment Gross	0.38	0.44	0.37	0.55	0.1	0.47	0.81	0.38	0.21	0.03	0.11	0.22	0.41	0.2	0.1	-0.32	0.43		0.44	0.23	0.63	0.63	-0.74	0.33	-0.34	0.14
Total Current Assets	0.78	-0.03	-0.21	0.67	-0.59	-0.16	0.73	-0.2	-0.48	-0.01	-0.59	0.18	0.96	0.33	-0.59	0.3	-0.04	0.44		-0.36	0.14	0.14	-0.05	-0.28	-0.31	-0.27
Short Term Debt	-0.39	0.13	0.96	0.29	0.91	0.46	-0.13	0.95	0.59	0.08	0.88	0.53	-0.52	-0.47	0.89	-0.5	0.14	0.23	-0.36		0.44	0.44	-0.18	0.25	0.11	0.39
Common Stock Total Equity	0.24	0.75	0.65	0.24	0.41	0.93	0.51	0.66	0.72	-0.12	0.5	-0.03	0.12	0.29	0.43	-0.84	0.74	0.63	0.14	0.44		1.0	-0.58	0.64	0.29	0.77
Common Stock	0.24	0.75	0.65	0.24	0.41	0.93	0.51	0.66	0.72	-0.12	0.5	-0.03	0.12	0.29	0.43	-0.84	0.74	0.63	0.14	0.44	1.0		-0.58	0.64	0.29	0.77
Other Liab	0.04	-0.65	-0.25	0.02	-0.12	-0.6	-0.49	-0.26	-0.51	-0.01	-0.18	0.29	-0.08	-0.45	-0.12	0.58	-0.65	-0.74	-0.05	-0.18	-0.58	-0.58		-0.65	-0.06	-0.41
Accounts Payable	-0.02	0.95	0.34	-0.23	0.34	0.79	-0.03	0.34	0.81	0.06	0.46	-0.45	-0.24	0.44	0.35	-0.86	0.96	0.33	-0.28	0.25	0.64	0.64	-0.65		0.56	0.81
Long Term Debt	-0.23	0.5	0.13	-0.39	0.24	0.45	-0.37	0.15	0.58	-0.29	0.35	-0.48	-0.35	0.31	0.25	-0.62	0.51	-0.34	-0.31	0.11	0.29	0.29	-0.06	0.56		0.76
Short Term Investments	-0.12	0.81	0.51	-0.23	0.49	0.9	-0.05	0.52	0.92	-0.08	0.61	-0.38	-0.29	0.4	0.5	-0.96	0.81	0.14	-0.27	0.39	0.77	0.77	-0.41	0.81	0.76

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1st Source Account Relationship Matchups

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 1st Source in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 1st Source's short interest history, or implied volatility extrapolated from 1st Source options trading.

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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:

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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.

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1st Net Debt vs Earning Assets Analysis

Net Debt vs Earning Assets

Net Debt vs Earning Assets Correlation Analysis

Correlation Coefficient

Net Debt

Earning Assets

1st Source fundamental ratios Correlations

1st Source Account Relationship Matchups

High Positive Relationship

High Negative Relationship

1st Source fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Non Current Assets Total

Short Term Investments	- 0.96	Other Stockholder Equity
Other Stockholder Equity	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.96	Total Stockholder Equity
Accounts Payable	- 0.86	Other Stockholder Equity
Common Stock	- 0.84	Other Stockholder Equity
Common Stock Total Equity	- 0.84	Other Stockholder Equity