First Total Operating Expenses vs Net Income Analysis

INBKZ Stock  USD 24.93  0.07  0.28%   
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 Operating Expenses and its Net Income 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 Operating Expenses vs Net Income

Total Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Internet Bancorp Total Operating Expenses account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between First Internet's Total Operating Expenses and Net Income is 0.59. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income 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 Operating Expenses and Net Income 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 Operating Expenses of First Internet Bancorp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., First Internet's Total Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in First Internet Bancorp financial statement analysis. It represents the amount of money remaining after all of First Internet Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 3.3 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.01 in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense59.8M164.5M204.5M214.7M
Depreciation And Amortization8.7M5.7M8.5M8.9M

First Internet fundamental ratios Correlations

0.811.01.00.980.240.960.860.930.980.990.580.820.930.840.81-0.141.00.840.940.82-0.550.030.780.880.9
0.810.750.750.870.710.720.780.710.720.830.180.890.90.961.0-0.170.80.940.610.920.020.010.860.660.92
1.00.751.00.970.160.960.840.940.990.980.610.790.90.790.76-0.131.00.80.960.78-0.620.030.740.890.87
1.00.751.00.970.160.960.840.940.990.980.620.790.90.790.76-0.131.00.80.960.78-0.620.030.740.890.87
0.980.870.970.970.330.940.840.930.950.980.540.880.940.890.87-0.120.980.890.880.88-0.450.030.840.870.93
0.240.710.160.160.330.130.290.020.140.26-0.180.410.50.590.7-0.120.230.540.030.570.48-0.010.530.10.44
0.960.720.960.960.940.130.840.920.980.910.610.730.810.710.72-0.090.960.720.930.68-0.6-0.160.630.980.82
0.860.780.840.840.840.290.840.830.850.870.310.740.770.760.79-0.110.860.740.80.69-0.32-0.180.640.780.81
0.930.710.940.940.930.020.920.830.920.940.480.820.80.770.72-0.130.930.770.870.74-0.540.020.710.870.85
0.980.720.990.990.950.140.980.850.920.950.620.730.850.740.73-0.10.980.740.970.72-0.64-0.040.660.920.85
0.990.830.980.980.980.260.910.870.940.950.540.850.940.870.83-0.110.980.870.890.85-0.50.050.820.830.92
0.580.180.610.620.54-0.180.610.310.480.620.540.230.470.30.180.10.580.270.580.31-0.76-0.190.230.560.38
0.820.890.790.790.880.410.730.740.820.730.850.230.870.940.89-0.220.820.980.640.94-0.070.160.920.660.95
0.930.90.90.90.940.50.810.770.80.850.940.470.870.930.9-0.180.930.930.790.93-0.340.150.910.710.91
0.840.960.790.790.890.590.710.760.770.740.870.30.940.930.96-0.150.830.970.630.97-0.060.120.890.630.96
0.811.00.760.760.870.70.720.790.720.730.830.180.890.90.96-0.170.810.940.620.920.010.010.860.670.93
-0.14-0.17-0.13-0.13-0.12-0.12-0.09-0.11-0.13-0.1-0.110.1-0.22-0.18-0.15-0.17-0.14-0.21-0.11-0.180.00.1-0.23-0.01-0.19
1.00.81.01.00.980.230.960.860.930.980.980.580.820.930.830.81-0.140.840.940.82-0.560.030.770.880.9
0.840.940.80.80.890.540.720.740.770.740.870.270.980.930.970.94-0.210.840.650.97-0.070.160.930.640.96
0.940.610.960.960.880.030.930.80.870.970.890.580.640.790.630.62-0.110.940.650.62-0.70.050.580.880.76
0.820.920.780.780.880.570.680.690.740.720.850.310.940.930.970.92-0.180.820.970.62-0.080.230.930.580.93
-0.550.02-0.62-0.62-0.450.48-0.6-0.32-0.54-0.64-0.5-0.76-0.07-0.34-0.060.010.0-0.56-0.07-0.7-0.08-0.02-0.11-0.55-0.19
0.030.010.030.030.03-0.01-0.16-0.180.02-0.040.05-0.190.160.150.120.010.10.030.160.050.23-0.020.24-0.260.05
0.780.860.740.740.840.530.630.640.710.660.820.230.920.910.890.86-0.230.770.930.580.93-0.110.240.540.85
0.880.660.890.890.870.10.980.780.870.920.830.560.660.710.630.67-0.010.880.640.880.58-0.55-0.260.540.76
0.90.920.870.870.930.440.820.810.850.850.920.380.950.910.960.93-0.190.90.960.760.93-0.190.050.850.76
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First Internet Account Relationship Matchups

First Internet fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.2B4.2B4.5B5.2B5.7B6.0B
Short Long Term Debt Total594.5M619.2M719.5M719.8M400.2M313.7M
Other Current Liab3.3B3.2B3.5B4.1B4.9B5.2B
Total Current Liabilities3.3B3.2B3.5B4.1B4.9B5.2B
Total Stockholder Equity330.9M380.3M365.0M362.8M384.1M403.3M
Net Debt174.7M176.2M462.9M313.9M(66.3M)(62.9M)
Retained Earnings126.7M172.4M205.7M207.5M230.6M242.2M
Accounts Payable1.4M2.0M2.9M3.8M2.5M2.6M
Cash419.8M443.0M256.6M405.9M466.4M489.7M
Non Current Assets Total2.4B2.3B2.9B3.3B3.9B4.1B
Non Currrent Assets Other131.5M117.3M119.4M131.3M149.4M156.9M
Other Assets1.7B1.5B4.0B(880.8M)5.0B5.3B
Cash And Short Term Investments917.4M1.0B646.9M880.8M879.7M446.0M
Net Receivables967.6M881.9M949.8M955.2M973.1M1.0B
Common Stock Shares Outstanding9.8M10.0M9.6M8.9M8.8M6.3M
Liabilities And Stockholders Equity4.2B4.2B4.5B5.2B5.7B6.0B
Non Current Liabilities Total594.5M619.2M719.5M734.0M418.1M309.8M
Other Stockholder Equity(16.5M)(14.2M)(17.2M)(1.0)(0.9)(0.85)
Total Liab3.9B3.8B4.2B4.8B5.4B5.6B
Total Current Assets1.9B1.9B1.6B1.8B1.9B927.4M
Accumulated Other Comprehensive Income(17.2M)(11.0M)(33.6M)(29.4M)(32.7M)(31.0M)
Short Term Debt110.4M110M145M255.0M293.3M307.9M
Common Stock221.4M218.9M192.9M184.7M186.1M137.5M
Other Current Assets437.2M460.2M(1.2B)433.0M498.0M288.9M
Short Term Investments497.6M603.0M390.4M474.9M413.3M406.2M
Property Plant And Equipment Net37.6M59.8M72.7M73.5M71.5M75.0M
Current Deferred Revenue(109.0M)(108.0M)(142.1M)(3.8M)(3.5M)(3.6M)
Intangible Assets3.6M4.7M6.3M10.6M12.2M12.8M

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