First Financial Corporation

THFF

THFFFirst Financial Corporation US flag

NASDAQ Global Select

69.51

USD

+1.15

- -

826.61MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	133	148	148	149	144	152	144	155	170	189	185	212	210	218	262
+ Sales & Services Revenue	133	148	148	149	144	152	144	155	170	189	185	212	210	218	262
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	47	58	57	58	62	51	51	52	56	62	66	68	71	77	82
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-47	-58	-57	-58	-62	-51	-51	-52	-56	-62	-66	-68	-71	-77	-82
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-52	-47	-45	-48	-41	-58	-50	-58	-61	-66	-66	-88	-72	-57	-99
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-52	-47	-45	-48	-41	-58	-50	-58	-61	-66	-66	-88	-72	-57	-99
Pretax Income	52	47	45	48	41	58	50	58	61	66	66	88	72	57	99
- Income Tax Expense (Benefit)	14	14	14	14	10	20	21	11	12	12	13	17	12	10	20
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	37	33	32	34	30	38	29	47	49	54	53	71	61	47	79
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	37	33	32	34	30	38	29	47	49	54	53	71	61	47	79
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	37	33	32	34	30	38	29	47	49	54	53	71	61	47	79
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	37	33	32	34	30	38	29	47	49	54	53	71	61	47	79
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	4	5	5	6	5	5	4	4	5	6	6	6	7	10	12
EBITDA Margin (%)	2.94	3.44	3.71	4.02	3.82	3.27	3.08	2.69	2.84	3.23	3.32	2.89	3.11	4.57	4.67
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	28.06	22.1	21.35	22.72	21.02	25.29	20.26	30.1	28.73	28.52	28.57	33.58	28.9	21.71	30.25
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.93	0.94	0.96	0.98	0.98	1	2.5	1.02	0.98	1.04	1.08	1.18	1.29	1.8	2.04
Depreciation Expense	4	5	5	6	5	5	4	4	5	6	6	6	7	10	12
Basic Weighted Avg Shares	13	13	13	13	13	12	12	12	13	14	13	12	12	12	12
Basic EPS, GAAP	2.83	2.48	2.37	2.55	2.35	3.12	2.38	3.8	3.8	3.93	4.02	5.82	5.08	4	6.68
Basic EPS from Cont Ops	2.83	2.48	2.37	2.55	2.35	3.12	2.38	3.8	3.8	3.93	4.02	5.82	5.08	4	6.68
Diluted Weighted Avg Shares	13	13	13	13	13	12	12	12	13	14	13	12	12	12	12
Diluted EPS, GAAP	2.83	2.48	2.37	2.55	2.35	3.12	2.38	3.8	3.8	3.93	4.02	5.82	5.08	4	6.68
Diluted EPS from Cont Ops	2.83	2.48	2.37	2.55	2.35	3.12	2.38	3.8	3.8	3.93	4.02	5.82	5.08	4	6.68

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	801	778	986	975	980	929	889	859	1,054	1,678	2,048	1,553	1,336	1,290	825
+ Cash & Cash Equivalents	134	87	71	78	89	75	74	74	127	657	688	223	77	94	130
+ ST Investments	666	691	915	897	891	854	815	785	927	1,021	1,360	1,330	1,259	1,196	695
+ Accounts & Notes Receiv	13	12	12	12	12	12	13	14	19	17	17	21	25	27	28
+ Accounts Receivable, Net	13	12	12	12	12	12	13	14	19	17	17	21	25	27	28
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-814	-790	-997	-987	-992	-941	-902	-873	-1,073	-1,695	-2,064	-1,574	-1,361	-1,316	-853
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	40	47	51	52	51	49	48	47	63	62	70	66	67	82	79
+ Property, Plant & Equip	92	101	108	112	114	113	114	113	124	126	137	135	138	147	146
- Accumulated Depreciation	52	54	57	60	63	63	66	66	61	64	68	69	70	65	68
+ LT Investments & Receivables	666	691	915	897	891	854	815	785	927	1,021	1,360	1,330	1,259	1,196	1,150
+ LT Investments	666	691	915	897	891	854	815	785	927	1,021	1,360	1,330	1,259	1,196	1,150
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-706	-738	-966	-949	-942	-903	-863	-831	-989	-1,083	-1,429	-1,397	-1,326	-1,277	-1,228
+ Total Intangible Assets	42	42	44	43	43	36	36	36	91	89	94	94	93	122	114
+ Goodwill	37	38	39	39	39	34	34	34	79	79	86	87	87	100	98
+ Other Intangible Assets	5	4	5	4	3	2	2	1	12	11	8	7	6	22	16
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-748	-780	-1,010	-992	-984	-939	-899	-867	-1,080	-1,172	-1,523	-1,490	-1,419	-1,399	-1,343
Total Assets	2,954	2,895	3,019	3,002	2,980	2,989	3,001	3,009	4,023	4,561	5,175	4,989	4,851	5,560	5,756
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	100	- -	- -	- -	- -	81	58	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	100	- -	- -	- -	- -	81	58	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-100	- -	- -	- -	- -	-81	-58	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-100	- -	- -	- -	- -	-81	-58	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	146	120	58	13	13	- -	- -	- -	31	6	16	10	109	28	188
+ LT Borrowings	146	120	58	13	13	- -	- -	- -	31	6	16	10	109	28	188
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	6	6	- -	- -	- -	- -
+ Other LT Liabilities	-146	-120	-58	-13	-13	- -	- -	- -	-31	-6	-16	-10	-109	-28	-188
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-146	-120	-58	-13	-13	- -	- -	- -	-31	-6	-16	-10	-109	-28	-188
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	2,607	2,523	2,633	2,608	2,569	2,574	2,587	2,566	3,466	3,964	4,593	4,514	4,323	5,011	5,105
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	71	72	73	74	75	76	77	79	142	143	144	145	146	148	149
+ Common Stock	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
+ Additional Paid in Capital	69	70	71	72	73	75	76	77	140	141	142	143	144	146	147
- Treasury Stock	32	31	30	43	51	70	69	69	69	77	118	145	155	154	154
+ Retained Earnings	318	338	357	378	396	422	420	457	492	521	559	615	664	687	742
+ Other Equity	-10	-7	-14	-15	-9	-14	-15	-23	-8	10	-2	-140	-127	-132	-87
Equity Before Minority Interest	347	372	386	394	410	414	414	443	558	597	583	475	528	549	651
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	347	372	386	394	410	414	414	443	558	597	583	475	528	549	651
Total Liabilities & Equity	2,954	2,895	3,019	3,002	2,980	2,989	3,001	3,009	4,023	4,561	5,175	4,989	4,851	5,560	5,756
Shares Outstanding	13	13	13	13	13	12	12	12	14	14	13	12	12	12	12
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	6	6	- -	- -	- -	- -
Net Debt	112	32	-13	-65	-76	6	-16	-74	-96	-652	-672	-213	32	-65	58
Net Debt to Equity	32.33	8.73	-3.3	-16.54	-18.53	1.47	-3.97	-16.8	-17.3	-109.15	-115.37	-44.8	6.03	-11.91	8.89
Tangible Common Equity Ratio	10.47	11.58	11.49	11.86	12.52	12.8	12.74	13.69	11.87	11.36	9.61	7.79	9.15	7.86	9.51
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	37	33	32	34	30	38	29	47	49	54	53	71	61	47	79
+ Depreciation & Amortization	4	5	5	6	5	5	4	4	5	6	6	6	7	10	12
+ Non-Cash Items	2	16	25	18	6	-2	17	8	-3	16	-5	6	22	5	- -
+ Stock-Based Compensation	2	2	2	2	2	2	2	2	2	2	2	2	2	3	3
+ Deferred Income Taxes	1	- -	- -	3	-1	-2	-4	-2	-3	-4	-2	-3	- -	3	-1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-1	14	23	13	5	-2	20	8	-2	17	-6	7	21	-1	-2
+ Chg in Non-Cash Work Cap	- -	1	- -	- -	- -	-1	-1	-1	-1	2	1	-4	-4	-2	-1
+ (Inc) Dec in Accts Receiv	- -	1	- -	- -	- -	-1	-1	-1	-1	2	1	-4	-4	-2	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	43	55	63	58	41	41	50	57	50	77	55	79	86	60	90
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-11	-3	-5	-3	-3	-3	-2	-1	-4	-4	-1	-7	-6	-4
+ Acq of Fixed Prod Assets	-1	-11	-3	-5	-3	-3	-3	-2	-1	-4	-4	-1	-7	-6	-4
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	-15	-9	-19	-1	- -	- -	-9	-42	-28	-12	- -	-1
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	-15	-9	-19	-1	- -	- -	-9	-42	-28	-12	- -	-1
+ Net Change in LT Investment	4	-26	-255	37	5	18	40	19	56	-77	-318	-166	81	124	96
+ Dec in LT Investment	139	168	163	136	154	169	152	143	185	289	272	180	112	164	205
+ Inc in LT Investment	-135	-194	-418	-100	-149	-151	-111	-124	-129	-366	-590	-345	-30	-40	-110
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	17	- -	- -	- -	- -	- -	- -	- -	28	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	17	- -	- -	- -	- -	- -	- -	- -	28	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-1	33	241	4	18	-76	-64	-51	-87	65	10	-267	-97	-212	-218
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	2	-4	-16	36	20	-44	-27	-34	-33	-16	-312	-434	-22	-66	-126
+ Dividends Paid	-12	-12	-13	-13	-13	-12	-31	-12	-13	-14	-14	-14	-15	-21	-24
+ Net Cash From Debt	-4	-26	-61	-45	- -	-12	- -	- -	- -	-25	-1	-6	99	-82	160
+ Cash From Debt	- -	- -	135	572	37	54	170	116	217	17	- -	- -	2,080	1,525	2,850
+ Repayments of Debt	-4	-26	-196	-617	-37	-67	-170	-116	-217	-42	-1	-6	-1,981	-1,607	-2,690
+ Other Financing Activities	47	-59	11	-14	-29	33	7	-10	49	518	345	-62	-282	126	-62
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	31	-98	-63	-86	-50	-11	-24	-23	36	469	288	-111	-210	23	73
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	76	-47	-16	7	11	-14	-1	- -	53	530	31	-466	-146	17	37
EBITDA	4	5	5	6	5	5	4	4	5	6	6	6	7	10	12
EBITDA Margin (%)	2.94	3.44	3.71	4.02	3.82	3.27	3.08	2.69	2.84	3.23	3.32	2.89	3.11	4.57	4.67
Free Cash Flow	42	44	60	53	38	38	47	55	49	74	51	77	80	54	86
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	-17	- -	- -	- -	- -	- -	- -	- -	-28	- -
Free Cash Flow to Firm	42	44	60	53	38	38	47	55	49	74	51	77	80	54	86
Free Cash Flow to Equity	38	18	-1	8	38	26	47	55	49	48	50	71	179	-28	246
Free Cash Flow per Basic Share	3.17	3.29	4.52	3.97	2.94	3.1	3.86	4.52	3.79	5.36	3.88	6.34	6.66	4.59	7.29
Price/Free Cash Flow	9.8	6.1	7.46	7.46	9.74	14.7	10.44	8.28	11.53	6.55	10.14	7.01	5.55	8.21	7.59
Cash Flow to Net Income	1.16	1.66	1.99	1.71	1.37	1.07	1.72	1.23	1.02	1.44	1.04	1.11	1.42	1.28	1.14
Capital Expenditures	-1	-11	-3	-5	-3	-3	-3	-2	-1	-4	-4	-1	-7	-6	-4