First Other Assets vs Net Debt Analysis

FSFG Stock  USD 26.99  0.01  0.04%   
First Savings financial indicator trend analysis is much more than just examining First Savings Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Savings Financial is a good investment. Please check the relationship between First Savings Other Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Savings Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Other Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Savings Financial Other Assets account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Savings' Other Assets and Net Debt is 0.86. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of First Savings Financial, assuming nothing else is changed. The correlation between historical values of First Savings' Other Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of First Savings Financial are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., First Savings' Other Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

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.
Most indicators from First Savings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Savings Financial 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 Savings Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, First Savings' Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Total Revenue111.9M86.9M133.9M140.6M
Interest Expense10.3M41.7M15.8M8.8M

First Savings fundamental ratios Correlations

0.770.98-0.120.630.590.92-0.150.22-0.80.72-0.560.630.660.890.970.990.80.990.29-0.230.970.520.790.970.74
0.770.81-0.190.240.160.590.210.3-0.430.56-0.30.210.230.60.810.80.370.770.51-0.510.760.650.980.810.33
0.980.81-0.20.520.490.86-0.070.29-0.770.65-0.580.520.550.830.960.960.740.960.33-0.320.940.570.841.00.65
-0.12-0.19-0.2-0.15-0.08-0.25-0.04-0.040.25-0.01-0.12-0.09-0.1-0.07-0.25-0.05-0.13-0.05-0.27-0.13-0.170.02-0.22-0.13-0.15
0.630.240.52-0.150.970.76-0.5-0.01-0.680.73-0.450.990.990.640.630.570.80.62-0.140.10.64-0.260.260.460.97
0.590.160.49-0.080.970.74-0.59-0.06-0.720.63-0.510.980.980.640.580.530.840.58-0.260.180.61-0.260.20.420.96
0.920.590.86-0.250.760.74-0.330.04-0.90.63-0.420.750.790.870.870.870.910.90.160.10.880.290.60.820.84
-0.150.21-0.07-0.04-0.5-0.59-0.330.180.470.120.55-0.52-0.54-0.28-0.09-0.09-0.64-0.090.85-0.31-0.150.290.15-0.04-0.57
0.220.30.29-0.04-0.01-0.060.040.180.090.28-0.16-0.03-0.04-0.130.220.19-0.060.220.17-0.520.080.130.270.310.03
-0.8-0.43-0.770.25-0.68-0.72-0.90.470.09-0.380.58-0.69-0.73-0.81-0.75-0.76-0.95-0.760.1-0.16-0.78-0.24-0.49-0.74-0.81
0.720.560.65-0.010.730.630.630.120.28-0.38-0.290.720.70.610.750.710.450.760.44-0.290.720.110.540.620.68
-0.56-0.3-0.58-0.12-0.45-0.51-0.420.55-0.160.58-0.29-0.49-0.51-0.62-0.58-0.57-0.64-0.540.40.27-0.61-0.29-0.43-0.58-0.57
0.630.210.52-0.090.990.980.75-0.52-0.03-0.690.72-0.491.00.660.620.570.820.62-0.170.140.64-0.240.240.460.97
0.660.230.55-0.10.990.980.79-0.54-0.04-0.730.7-0.511.00.690.640.60.850.65-0.180.150.66-0.220.260.490.98
0.890.60.83-0.070.640.640.87-0.28-0.13-0.810.61-0.620.660.690.880.910.820.880.140.050.950.530.660.810.73
0.970.810.96-0.250.630.580.87-0.090.22-0.750.75-0.580.620.640.880.960.740.960.34-0.310.980.520.840.950.72
0.990.80.96-0.050.570.530.87-0.090.19-0.760.71-0.570.570.60.910.960.750.990.31-0.290.970.60.810.960.68
0.80.370.74-0.130.80.840.91-0.64-0.06-0.950.45-0.640.820.850.820.740.750.77-0.230.160.780.120.430.70.91
0.990.770.96-0.050.620.580.9-0.090.22-0.760.76-0.540.620.650.880.960.990.770.33-0.260.960.520.780.960.72
0.290.510.33-0.27-0.14-0.260.160.850.170.10.440.4-0.17-0.180.140.340.31-0.230.33-0.240.280.440.460.34-0.19
-0.23-0.51-0.32-0.130.10.180.1-0.31-0.52-0.16-0.290.270.140.150.05-0.31-0.290.16-0.26-0.24-0.19-0.27-0.47-0.360.05
0.970.760.94-0.170.640.610.88-0.150.08-0.780.72-0.610.640.660.950.980.970.780.960.28-0.190.560.80.920.73
0.520.650.570.02-0.26-0.260.290.290.13-0.240.11-0.29-0.24-0.220.530.520.60.120.520.44-0.270.560.670.63-0.13
0.790.980.84-0.220.260.20.60.150.27-0.490.54-0.430.240.260.660.840.810.430.780.46-0.470.80.670.840.36
0.970.811.0-0.130.460.420.82-0.040.31-0.740.62-0.580.460.490.810.950.960.70.960.34-0.360.920.630.840.59
0.740.330.65-0.150.970.960.84-0.570.03-0.810.68-0.570.970.980.730.720.680.910.72-0.190.050.73-0.130.360.59
Click cells to compare fundamentals

First Savings Account Relationship Matchups

First Savings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.7B2.1B2.3B2.5B2.6B
Total Stockholder Equity157.3M180.4M152.6M151.0M177.1M96.0M
Net Debt296.9M236.4M314.2M385.1M350.2M367.8M
Cash33.7M33.4M43.3M30.8M35.5M31.2M
Non Current Assets Total265.0M301.0M37.7M37.7M2.4B2.5B
Non Currrent Assets Other(265.0M)(301.0M)(385.3M)(37.7M)2.4B2.5B
Other Assets1.3B1.2B1.6B2.2B2.6B2.7B
Cash And Short Term Investments235.7M240.1M359.8M30.8M35.5M33.7M
Common Stock Shares Outstanding21.4M7.2M7.1M6.9M6.9M8.3M
Liabilities And Stockholders Equity1.8B1.7B2.1B2.3B2.6B2.8B
Other Stockholder Equity22.9M21.2M16.6M(15.3M)(11.9M)(11.3M)
Total Liab1.6B1.5B1.9B8.9M2.3B2.4B
Total Current Assets242.2M246.4M381.5M30.8M52.1M49.5M
Other Current Liab(683K)(258K)(1.3M)(8.9M)191.5M201.1M
Total Current Liabilities683K258K1.3M8.9M191.5M201.1M
Other Liab2.1M2.9M62.5M81.9M94.2M98.9M
Property Plant And Equipment Net24.4M27.7M27.1M27.9M32.0M33.6M
Retained Earnings123.2M150.2M163.0M166.3M173.3M182.0M
Accounts Payable683K258K1.3M8.9M10.3M10.8M
Net Receivables6.5M6.2M8.3M7.8M9.0M9.4M
Short Term Investments202.0M206.7M316.5M109.2M125.6M145.9M
Inventory(50.6M)(44.9M)(43.6M)203K182.7K191.8K
Property Plant And Equipment Gross19.2M24.4M38.1M39.3M45.2M47.4M
Accumulated Other Comprehensive Income11.2M8.9M(27.1M)(30.6M)(12.1M)(11.5M)
Intangible Assets26.7M55.0M68.0M63.4M398K378.1K
Property Plant Equipment21.1M26.1M29.4M27.3M31.4M15.7M
Short Long Term Debt Total330.7M269.9M357.5M416.0M350.2M367.8M
Non Current Liabilities Total330.7M269.9M1.3M604.9M2.1B2.2B
Long Term Debt19.7M19.8M19.9M50.2M57.7M41.5M
Other Current Assets44.9M43.6M13.4M42.2M52.1M49.5M
Treasury Stock(4.5M)(4.3M)(4.4M)(9.2M)(8.2M)(7.8M)
Net Tangible Assets109.8M146.2M169.5M142M163.3M109.3M
Retained Earnings Total Equity91.2M123.2M150.2M163.0M187.4M196.8M
Capital Surpluse27.5M27.5M25.7M26.8M24.1M26.9M
Long Term Investments992.0M1.3B1.3B1.8B2.0B2.1B
Non Current Liabilities Other224.5M488.3M251.2M308.5M354.8M184.7M

Currently Active Assets on Macroaxis

When determining whether First Savings Financial is a strong investment it is important to analyze First Savings' 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 Savings' 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 Savings Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Regional Banks space 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 Savings. 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 Savings 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
0.753
Earnings Share
1.35
Revenue Per Share
9.882
Quarterly Revenue Growth
(0.22)
Return On Assets
0.0057
The market value of First Savings Financial 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 Savings' value that differs from its market value or its book value, called intrinsic value, which is First Savings' 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 Savings' market value can be influenced by many factors that don't directly affect First Savings' 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 Savings' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Savings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Savings' 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.