| INBKZ Stock | | | USD 25.07 0.42 1.65% |
First Internet financial indicator trend analysis is much more than just examining First Internet Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Internet Bancorp is a good investment. Please check the relationship between First Internet Total Current Assets and its Long Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Total Current Assets vs Long Term Debt
Total Current Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Internet Bancorp Total Current Assets account and
Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between First Internet's Total Current Assets and Long Term Debt is 0.25. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of First Internet Bancorp, assuming nothing else is changed. The correlation between historical values of First Internet's Total Current Assets and Long Term 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 Total Current Assets of First Internet Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., First Internet's Total Current Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Long Term Debt
Long-term debt is a debt that First Internet Bancorp has held for over one year. Long-term debt appears on First Internet Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on First Internet Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from First Internet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Internet Bancorp 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
At this time, First Internet's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 51.84 in 2024, whereas
Selling General Administrative is likely to drop slightly above 5
M in 2024.
First Internet fundamental ratios Correlations
Click cells to compare fundamentals
First Internet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Internet fundamental ratios Accounts
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measure First Internet'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 Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to
predict the probability of First Internet'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 Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.