First Intangible Assets vs Net Tangible Assets Analysis
FAF Stock | USD 62.62 0.37 0.59% |
First American financial indicator trend analysis is much more than just examining First American latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First American is a good investment. Please check the relationship between First American Intangible Assets and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in First Stock please use our How to Invest in First American guide.
Intangible Assets vs Net Tangible Assets
Intangible Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First American Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between First American's Intangible Assets and Net Tangible Assets is 0.3. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of First American, assuming nothing else is changed. The correlation between historical values of First American's Intangible Assets and Net Tangible 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 Intangible Assets of First American are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., First American's Intangible Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from First American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First American 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 American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in First Stock please use our How to Invest in First American guide.At this time, First American's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The First American's current Enterprise Value Multiple is estimated to increase to 10.23, while Selling General Administrative is projected to decrease to roughly 1.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 72M | 93M | 132.5M | 139.1M | Depreciation And Amortization | 158M | 167M | 188.5M | 122.5M |
First American fundamental ratios Correlations
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First American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First American fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.9B | 12.8B | 16.5B | 19.6B | 16.8B | 12.1B | |
Short Long Term Debt Total | 1.4B | 2.0B | 2.7B | 2.4B | 1.4B | 1.1B | |
Other Current Liab | (252.3M) | (272.0M) | (224M) | (356M) | 169M | 160.6M | |
Total Current Liabilities | 497.0M | 572.2M | 625M | 258M | 1.3B | 1.3B | |
Total Stockholder Equity | 4.4B | 4.9B | 5.8B | 4.7B | 4.8B | 3.5B | |
Property Plant And Equipment Net | 733.4M | 711.1M | 755M | 885M | 978.9M | 568.3M | |
Current Deferred Revenue | 252.3M | 272.0M | 224M | 197M | 196.8M | 218.6M | |
Net Debt | (201.0M) | (264.7M) | 1.2B | 1.1B | (2.2B) | (2.1B) | |
Accounts Payable | 58.6M | 56.0M | 87M | 51M | 63.3M | 53.7M | |
Cash | 1.5B | 1.3B | 1.2B | 1.2B | 3.6B | 3.8B | |
Non Current Assets Total | 8.3B | 9.1B | 13.1B | 2.0B | 13.2B | 13.9B | |
Non Currrent Assets Other | (18.3M) | (14.5M) | (14M) | (9.9B) | 1.7B | 1.7B | |
Other Assets | 5.5B | 1.3B | 1.1B | 7.4B | 8.6B | 5.4B | |
Cash And Short Term Investments | 1.5B | 1.3B | 1.2B | 1.2B | 3.7B | 3.8B | |
Net Receivables | 622.8M | 1.1B | 1.0B | 812M | 585.1M | 503.9M | |
Good Will | 1.2B | 1.4B | 1.6B | 1.8B | 1.8B | 1.2B | |
Common Stock Shares Outstanding | 113.7M | 113.0M | 111.4M | 107.3M | 104.6M | 119.6M | |
Short Term Investments | 283.5M | 395.9M | 58M | 9.0B | 636.5M | 944.7M | |
Liabilities And Stockholders Equity | 15.9B | 12.8B | 16.5B | 19.6B | 16.8B | 12.1B | |
Non Current Liabilities Total | 1.4B | 1.6B | 2.5B | 614M | 2.2B | 2.3B | |
Other Current Assets | 2.4B | 2.6B | 2.4B | (389M) | 3.6B | 3.8B | |
Other Stockholder Equity | 2.3B | 2.2B | 2.2B | 1.8B | 1.8B | 1.7B | |
Total Liab | 11.5B | 7.9B | 10.7B | 15.0B | 11.9B | 8.6B | |
Property Plant And Equipment Gross | 439.6M | 457.8M | 733.4M | 711.1M | 817.8M | 484.3M | |
Total Current Assets | 2.2B | 2.4B | 2.2B | 10.2B | 3.6B | 2.3B | |
Accumulated Other Comprehensive Income | (41.5M) | 39.5M | (92M) | (868M) | (655.8M) | (623.0M) | |
Intangible Assets | 91.8M | 194.5M | 218M | 194M | 2.0B | 2.1B | |
Other Liab | 1.3B | 1.5B | 569M | 216M | 248.4M | 236.0M | |
Long Term Debt | 568.2M | 1.0B | 2.2B | 2.0B | 1.1B | 777.1M | |
Property Plant Equipment | 442.0M | 445.1M | 506M | 888M | 1.0B | 1.1B | |
Net Tangible Assets | 3.2B | 3.3B | 4.0B | 2.7B | 3.1B | 2.5B | |
Noncontrolling Interest In Consolidated Entity | 4.5M | 11.7M | 16M | 23M | 20.7M | 19.7M | |
Retained Earnings | 2.2B | 2.7B | 3.7B | 3.7B | 3.7B | 3.9B | |
Retained Earnings Total Equity | 2.2B | 2.7B | 3.7B | 3.7B | 4.3B | 4.5B | |
Capital Surpluse | 2.3B | 2.2B | 2.2B | 1.8B | 2.1B | 2.4B | |
Deferred Long Term Liab | 266.1M | 291.2M | 345M | 19M | 21.9M | 20.8M | |
Long Term Investments | 6.6B | 7.2B | 10.6B | 9.0B | 7.9B | 6.4B |
Currently Active Assets on Macroaxis
When determining whether First American is a strong investment it is important to analyze First American'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 First American's 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 American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in First Stock please use our How to Invest in First American guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Property & Casualty Insurance 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 American. 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 American 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 (0.16) | Dividend Share 2.13 | Earnings Share 0.88 | Revenue Per Share 56.505 | Quarterly Revenue Growth (0.05) |
The market value of First American 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 American's value that differs from its market value or its book value, called intrinsic value, which is First American'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 American's market value can be influenced by many factors that don't directly affect First American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if First American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First American'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.