First Intangible Assets vs Net Tangible Assets Analysis

FXNC Stock  USD 21.17  0.43  1.99%   
First National financial indicator trend analysis is much more than just examining First National Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First National Corp is a good investment. Please check the relationship between First National 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 National Corp. 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.

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 National Corp Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between First National's Intangible Assets and Net Tangible Assets is 0.35. 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 National Corp, assuming nothing else is changed. The correlation between historical values of First National'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 National Corp 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 National's Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery 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 National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First National Corp 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 National Corp. 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.
At present, First National's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense3.8M14.3M23.9M25.1M
Depreciation And Amortization1.5M1.6M2.4M1.3M

First National fundamental ratios Correlations

0.50.880.880.990.9-0.790.930.880.93-0.09-0.20.410.990.650.70.951.00.110.140.690.340.980.19-0.070.02
0.50.490.50.470.41-0.140.510.370.49-0.11-0.360.330.530.430.530.380.50.050.750.390.120.510.340.11-0.13
0.880.491.00.860.73-0.630.750.730.98-0.2-0.220.310.910.480.620.910.88-0.150.060.580.110.90.16-0.07-0.17
0.880.51.00.870.73-0.630.760.730.98-0.2-0.220.310.910.490.620.910.88-0.150.070.580.110.910.16-0.07-0.17
0.990.470.860.870.87-0.80.940.890.91-0.2-0.220.420.970.660.670.940.980.020.080.70.380.960.13-0.07-0.05
0.90.410.730.730.87-0.660.760.750.810.06-0.170.250.830.530.790.850.90.180.050.60.390.920.21-0.250.15
-0.79-0.14-0.63-0.63-0.8-0.66-0.72-0.97-0.640.190.15-0.63-0.75-0.46-0.58-0.73-0.79-0.20.21-0.56-0.3-0.75-0.12-0.170.0
0.930.510.750.760.940.76-0.720.810.8-0.19-0.050.520.930.760.540.80.930.140.230.70.440.870.110.110.07
0.880.370.730.730.890.75-0.970.810.75-0.2-0.260.620.850.50.660.810.880.18-0.020.590.280.850.170.14-0.03
0.930.490.980.980.910.81-0.640.80.75-0.15-0.260.220.950.520.660.960.93-0.130.090.610.160.940.15-0.2-0.12
-0.09-0.11-0.2-0.2-0.20.060.19-0.19-0.2-0.150.11-0.18-0.140.04-0.1-0.08-0.080.740.350.00.13-0.030.13-0.130.7
-0.2-0.36-0.22-0.22-0.22-0.170.15-0.05-0.26-0.260.110.21-0.20.11-0.26-0.34-0.20.25-0.23-0.030.18-0.21-0.180.410.31
0.410.330.310.310.420.25-0.630.520.620.22-0.180.210.380.520.310.180.410.430.120.470.380.380.290.840.04
0.990.530.910.910.970.83-0.750.930.850.95-0.14-0.20.380.630.660.950.990.030.170.660.260.970.19-0.07-0.05
0.650.430.480.490.660.53-0.460.760.50.520.040.110.520.630.490.520.650.290.330.930.80.610.30.210.14
0.70.530.620.620.670.79-0.580.540.660.66-0.1-0.260.310.660.490.650.70.080.020.670.310.720.28-0.18-0.08
0.950.380.910.910.940.85-0.730.80.810.96-0.08-0.340.180.950.520.650.95-0.060.030.630.220.950.14-0.29-0.09
1.00.50.880.880.980.9-0.790.930.880.93-0.08-0.20.410.990.650.70.950.120.140.690.340.990.2-0.070.02
0.110.05-0.15-0.150.020.18-0.20.140.18-0.130.740.250.430.030.290.08-0.060.120.360.190.350.110.180.390.71
0.140.750.060.070.080.050.210.23-0.020.090.35-0.230.120.170.330.020.030.140.360.170.150.140.280.150.22
0.690.390.580.580.70.6-0.560.70.590.610.0-0.030.470.660.930.670.630.690.190.170.770.680.330.080.03
0.340.120.110.110.380.39-0.30.440.280.160.130.180.380.260.80.310.220.340.350.150.770.310.210.150.29
0.980.510.90.910.960.92-0.750.870.850.94-0.03-0.210.380.970.610.720.950.990.110.140.680.310.25-0.090.0
0.190.340.160.160.130.21-0.120.110.170.150.13-0.180.290.190.30.280.140.20.180.280.330.210.250.17-0.22
-0.070.11-0.07-0.07-0.07-0.25-0.170.110.14-0.2-0.130.410.84-0.070.21-0.18-0.29-0.070.390.150.080.15-0.090.170.04
0.02-0.13-0.17-0.17-0.050.150.00.07-0.03-0.120.70.310.04-0.050.14-0.08-0.090.020.710.220.030.290.0-0.220.04
Click cells to compare fundamentals

First National Account Relationship Matchups

First National fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets950.9M1.4B1.4B1.4B2.0B2.1B
Short Long Term Debt Total19.4M19.3M14.3M64.3M30.5M21.5M
Other Current Liab(4.3M)1.2B1.2B1.2B1.8B1.9B
Total Current Liabilities4.3M1.3B1.2B1.3B1.8B1.9B
Total Stockholder Equity84.9M117.0M108.4M116.3M166.5M174.9M
Property Plant And Equipment Net19.3M22.4M21.9M22.1M34.8M36.6M
Net Debt(108.0M)(156.7M)(52.6M)(22.9M)(132.4M)(125.8M)
Retained Earnings69.3M77.0M90.3M94.2M96.9M101.8M
Cash127.3M176.0M66.9M87.2M162.9M171.0M
Non Current Assets Total173.8M920.0M1.1B1.2B1.8B1.9B
Non Currrent Assets Other(173.8M)41.6M43.7M43.6M64.4M55.3M
Other Assets506.9M571.5M1.3B4.7M5.4M5.1M
Cash And Short Term Investments267.5M465.5M229.8M240.0M164.5M99.2M
Net Receivables2.7M3.9M4.5M4.7M6.0M6.3M
Common Stock Shares Outstanding4.9M5.6M6.3M6.3M7.0M4.4M
Liabilities And Stockholders Equity950.9M1.4B1.4B1.4B2.0B2.1B
Non Current Liabilities Total19.3M19.3M14.3M19.3M40.0M20.2M
Other Stockholder Equity6.2M32.0M32.7M33.0M77.1M80.9M
Total Liab866.0M1.3B1.3B1.3B1.8B1.9B
Total Current Assets270.2M469.4M234.4M244.7M170.5M141.7M
Accumulated Other Comprehensive Income3.4M298K(22.5M)(18.7M)(18.7M)(17.8M)
Short Term Debt139K144K239K50M666K632.7K
Common Stock6.1M7.8M7.8M7.8M11.2M5.7M
Property Plant And Equipment Gross19.3M36.5M34.3M35.8M50.3M52.8M
Accounts Payable2.1M4.3M4.4M5.4M4.9M3.2M
Short Term Investments140.2M289.5M162.9M152.9M1.6M1.5M
Other Current Assets130.0M181.8M71.6M91.8M82.6M161.5M
Other Liab1.3M1.6M3.8M3.9M3.5M2.8M
Long Term Debt19.3M19.3M14.3M14.3M30.5M17.7M
Inventory(130.0M)(181.8M)15.1M12.5M11.3M11.8M
Property Plant Equipment20.1M19.7M22.4M21.9M25.2M21.8M
Net Tangible Assets77.0M84.9M113.9M105.2M121.0M75.1M
Long Term Investments154.5M322.9M316.1M301.1M273.6M259.1M

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When determining whether First National Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First National'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 National Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First National Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Corp. 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.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 National. 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 National 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
0.44
Dividend Share
0.615
Earnings Share
0.84
Revenue Per Share
8.671
Quarterly Revenue Growth
0.556
The market value of First National Corp 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 National's value that differs from its market value or its book value, called intrinsic value, which is First National'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 National's market value can be influenced by many factors that don't directly affect First National'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 National's value and its price as these two are different measures arrived at by different means. Investors typically determine if First National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First National'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.