First Intangible Assets vs Short Term Investments Analysis
FUNC Stock | USD 34.82 0.87 2.56% |
First United financial indicator trend analysis is much more than just examining First United latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First United is a good investment. Please check the relationship between First United Intangible Assets and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade First Stock refer to our How to Trade First Stock guide.
Intangible Assets vs Short Term Investments
Intangible Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First United Intangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First United's Intangible Assets and Short Term Investments is -0.33. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of First United, assuming nothing else is changed. The correlation between historical values of First United's Intangible Assets and Short 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 Intangible Assets of First United are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Intangible Assets i.e., First United's Intangible Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Short Term Investments
Short Term Investments is an item under the current assets section of First United balance sheet. It contains any investments First United undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that First United can easily liquidate in the marketplace.Most indicators from First United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First United 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 United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First United's Enterprise Value Multiple is projected to increase based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.7M | 4.8M | 4.9M | 4.7M | Depreciation And Amortization | 3.4M | 3.6M | 4.9M | 2.8M |
First United fundamental ratios Correlations
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First United Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First United fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.7B | 1.7B | 1.8B | 1.9B | 1.3B | |
Total Stockholder Equity | 125.9M | 131.7M | 141.9M | 151.8M | 161.9M | 99.6M | |
Property Plant And Equipment Net | 41.4M | 39.3M | 36.9M | 36.8M | 32.8M | 25.2M | |
Net Debt | 54.2M | (45.5M) | (82.0M) | 23.6M | 108.2M | 76.7M | |
Retained Earnings | 119.5M | 129.7M | 145.5M | 166.3M | 173.9M | 182.6M | |
Cash | 50.0M | 149.4M | 115.7M | 74.3M | 49.8M | 59.7M | |
Non Current Assets Total | 277.7M | 345.4M | 392.0M | 410.8M | 1.9B | 1.1B | |
Non Currrent Assets Other | (7.4M) | (8.0M) | (6.9M) | (10.6M) | 1.8B | 1.9B | |
Other Assets | 968.0M | 992.7M | 921.9M | 1.2B | 1.0 | 0.95 | |
Cash And Short Term Investments | 181.3M | 376.3M | 402.5M | 200.2M | (48.3M) | (45.9M) | |
Net Receivables | 16.1M | 19.6M | 13.5M | 35.6M | 7.5M | 7.1M | |
Common Stock Shares Outstanding | 7.1M | 7.0M | 6.7M | 6.7M | 6.7M | 7.0M | |
Liabilities And Stockholders Equity | 1.4B | 1.7B | 1.7B | 1.8B | 1.9B | 1.3B | |
Non Current Liabilities Total | 104.2M | 103.9M | 33.7M | 91.1M | 362.2M | 344.1M | |
Other Stockholder Equity | 32.4M | 30.8M | 23.7M | 24.4M | 23.7M | 25.3M | |
Total Liab | 1.3B | 1.6B | 1.6B | 1.7B | 1.8B | 1.2B | |
Property Plant And Equipment Gross | 41.4M | 39.3M | 64.3M | 36.8M | 64.3M | 67.5M | |
Total Current Assets | 197.3M | 395.9M | 416.0M | 235.8M | 61.7M | 64.7M | |
Short Long Term Debt Total | 149.7M | 103.9M | 88.6M | 97.9M | 157.9M | 187.4M | |
Accumulated Other Comprehensive Income | (26.0M) | (28.9M) | (27.3M) | (39.0M) | (35.8M) | (34.0M) | |
Other Current Liab | (20.2M) | (26.0M) | (15.8M) | (91.1M) | 1.3B | 1.4B | |
Total Current Liabilities | 20.2M | 26.0M | 15.8M | 91.1M | 1.4B | 1.5B | |
Other Liab | 19.4M | 19.7M | 24.3M | 25.6M | 29.4M | 19.5M | |
Accounts Payable | 20.2M | 26.0M | 15.8M | 26.6M | 612K | 581.4K | |
Short Term Investments | 131.3M | 226.9M | 286.8M | 125.9M | 97.2M | 192.2M | |
Property Plant Equipment | 42.8M | 39.3M | 36.9M | 39.7M | 45.6M | 35.9M | |
Inventory | (58.2M) | (165.1M) | (125.0M) | (85.1M) | 40.9M | 42.9M | |
Other Current Assets | 58.2M | 165.1M | 125.0M | 85.1M | 61.7M | 58.6M | |
Short Term Debt | 48.7M | 49.2M | 57.7M | 64.6M | 45.8M | 46.3M | |
Net Tangible Assets | 114.9M | 120.0M | 129.8M | 139.4M | 160.3M | 101.6M | |
Retained Earnings Total Equity | 109.5M | 119.5M | 145.5M | 166.3M | 191.3M | 110.9M | |
Capital Surpluse | 31.9M | 32.4M | 23.7M | 24.4M | 28.1M | 27.5M | |
Long Term Investments | 1.1B | 295.1M | 1.2B | 361.5M | 311.5M | 295.9M |
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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 United offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First United'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 United Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First United Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. 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 United. 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 United 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 0.328 | Dividend Share 0.82 | Earnings Share 2.24 | Revenue Per Share 10.801 | Quarterly Revenue Growth 0.075 |
The market value of First United 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 United's value that differs from its market value or its book value, called intrinsic value, which is First United'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 United's market value can be influenced by many factors that don't directly affect First United'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 United's value and its price as these two are different measures arrived at by different means. Investors typically determine if First United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First United'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.