First Property Plant Equipment vs Long Term Investments Analysis
FNLC Stock | USD 29.00 0.78 2.62% |
First Bancorp financial indicator trend analysis is much more than just examining First Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancorp is a good investment. Please check the relationship between First Bancorp Property Plant Equipment and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First 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 bureau of economic analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.
Property Plant Equipment vs Long Term Investments
Property Plant Equipment vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancorp Property Plant Equipment account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Bancorp's Property Plant Equipment and Long Term Investments is -0.3. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of First Bancorp, assuming nothing else is changed. The correlation between historical values of First Bancorp's Property Plant Equipment and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of First Bancorp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant Equipment i.e., First Bancorp's Property Plant Equipment and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Long Term Investments
Long Term Investments is an item on the asset side of First Bancorp balance sheet that represents investments First Bancorp intends to hold for over a year. First Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from First Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First 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 bureau of economic analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bancorp'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 134.31, whereas Selling General Administrative is forecasted to decline to about 13.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.8M | 16.9M | 63.0M | 66.1M | Depreciation And Amortization | 2.1M | 2.1M | 26K | 24.7K |
First Bancorp fundamental ratios Correlations
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First Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.4B | 2.5B | 2.7B | 2.9B | 3.1B | |
Short Long Term Debt Total | 185.0M | 262.0M | 136.3M | 103.6M | 70.3M | 66.8M | |
Total Stockholder Equity | 212.5M | 223.7M | 245.7M | 228.9M | 243.1M | 135.0M | |
Property Plant And Equipment Net | 21.3M | 27.3M | 28.9M | 28.3M | 28.7M | 18.2M | |
Net Debt | 159.2M | 179.7M | 49.0M | 77.1M | 34.9M | 33.1M | |
Retained Earnings | 144.8M | 158.4M | 180.4M | 204.3M | 211.9M | 222.5M | |
Cash | 25.7M | 82.4M | 87.3M | 26.4M | 35.4M | 23.8M | |
Non Current Assets Total | 693.2M | 736.9M | 750.2M | 737.3M | 2.9B | 3.0B | |
Non Currrent Assets Other | (3.7M) | (6.7M) | (5.6M) | (17.8M) | 2.8B | 3.0B | |
Other Assets | 982.1M | 1.2B | 1.4B | 1.7B | 1.9B | 2.0B | |
Cash And Short Term Investments | 386.3M | 395.7M | 407.9M | 310.9M | (31.9M) | (30.3M) | |
Net Receivables | 7.2M | 9.3M | 7.5M | 9.8M | 11.9M | 12.5M | |
Common Stock Shares Outstanding | 10.9M | 10.9M | 11.0M | 11.0M | 11.1M | 10.5M | |
Liabilities And Stockholders Equity | 2.1B | 2.4B | 2.5B | 2.7B | 2.9B | 3.1B | |
Non Current Liabilities Total | 185.0M | 262.0M | 136.3M | 2.5B | 714.7M | 750.4M | |
Other Stockholder Equity | 64.0M | 65.3M | 66.8M | 68.4M | 70.1M | 41.3M | |
Total Liab | 1.9B | 2.1B | 136.3M | 2.5B | 2.7B | 2.8B | |
Property Plant And Equipment Gross | 21.3M | 27.3M | 50.4M | 50.8M | 51.6M | 54.2M | |
Total Current Assets | 393.4M | 405.0M | 415.4M | 320.8M | 47.3M | 45.0M | |
Accumulated Other Comprehensive Income | 3.6M | (28K) | (1.7M) | (44.0M) | (39.0M) | (37.1M) | |
Total Current Liabilities | 174.9M | 206.9M | 1.3B | 1.8B | 2.0B | 2.1B | |
Short Term Debt | 174.9M | 206.9M | 81.3M | 103.5M | 69.7M | 112.7M | |
Other Liab | 19.2M | 30.9M | 21.8M | 22.2M | 25.6M | 14.7M | |
Accounts Payable | 1.7B | 1.8B | 2.1B | 2.4B | 2.7B | 2.9B | |
Long Term Debt | 10.1M | 55.1M | 136.3M | 103.5M | 119.0M | 98.4M | |
Inventory | (33.2M) | (92.6M) | (94.9M) | (36.3M) | 18.9M | 19.8M | |
Property Plant Equipment | 21.3M | 27.3M | 28.9M | 28.3M | 32.5M | 20.3M | |
Short Term Investments | 360.5M | 313.4M | 320.6M | 284.5M | 282.1M | 234.2M | |
Other Current Assets | 33.2M | 92.6M | 94.9M | 36.3M | 47.3M | 45.0M | |
Intangible Assets | 1.5M | 2.0M | 2.7M | 2.5M | 2.2M | 2.1M | |
Other Current Liab | (174.9M) | (206.9M) | 1.2B | 1.7B | 1.9B | 1.1B | |
Net Tangible Assets | 182.7M | 193.1M | 215.0M | 198.3M | 228.0M | 165.3M | |
Retained Earnings Total Equity | 144.8M | 158.4M | 180.4M | 204.3M | 235.0M | 136.3M | |
Long Term Debt Total | 10.1M | 55.1M | 55.1M | 84K | 75.6K | 71.8K | |
Capital Surpluse | 64.0M | 65.3M | 66.8M | 68.4M | 78.7M | 64.7M | |
Long Term Investments | 1.9B | 684.8M | 690.6M | 678.4M | 667.3M | 888.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First 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 bureau of economic analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 Bancorp. 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 Bancorp 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 0.015 | Dividend Share 1.42 | Earnings Share 2.38 | Revenue Per Share 7.084 | Quarterly Revenue Growth 0.056 |
The market value of First Bancorp 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 Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp'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 Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp'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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp'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.