First Niles Financial Inc
First Niles Financial, Inc. operates as a holding company for the Home Federal Savings and Loan Association of Niles that provides various banking products and services in Ohio. The company operates in two segments, Community Banking and Mortgage Banking. The company offers personal and business checking and savings accounts, IRAs, money market and direct deposits, certificates of deposit, and Ch… Read more
First Niles Financial Inc (FNFI) - Total Assets
Latest total assets as of March 2025: $160.16 Million USD
Based on the latest financial reports, First Niles Financial Inc (FNFI) holds total assets worth $160.16 Million USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First Niles Financial Inc - Total Assets Trend (1998–2024)
This chart illustrates how First Niles Financial Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Niles Financial Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
First Niles Financial Inc's total assets of $160.16 Million consist of 6.2% current assets and 93.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.8% |
| Accounts Receivable | $613.00K | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $1.67 Million | 1.1% |
Asset Composition Trend (1998–2024)
This chart illustrates how First Niles Financial Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Niles Financial Inc's current assets represent 6.2% of total assets in 2024, a decrease from 20.1% in 1998.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, down from 19.7% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is goodwill at 1.1% of total assets.
First Niles Financial Inc Competitors by Total Assets
Key competitors of First Niles Financial Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
First Niles Financial Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Niles Financial Inc generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, First Niles Financial Inc generates $ 0.55 in net profit.
First Niles Financial Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 27.44 | 41.04 | 52.02 |
| Quick Ratio | 24.86 | 41.04 | 52.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.09 Million | $ 3.28 Million | $ 6.58 Million |
First Niles Financial Inc - Advanced Valuation Insights
This section examines the relationship between First Niles Financial Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.62 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | $156.38 Million |
| Market Capitalization | $5.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Niles Financial Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: First Niles Financial Inc's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for First Niles Financial Inc (1998–2024)
The table below shows the annual total assets of First Niles Financial Inc from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $156.38 Million | -0.33% |
| 2023-12-31 | $156.90 Million | +17.18% |
| 2022-12-31 | $133.89 Million | +7.54% |
| 2021-12-31 | $124.50 Million | +13.50% |
| 2020-12-31 | $109.69 Million | +9.60% |
| 2019-12-31 | $100.08 Million | +0.96% |
| 2018-12-31 | $99.14 Million | -0.71% |
| 2017-12-31 | $99.84 Million | +2.43% |
| 2016-12-31 | $97.47 Million | -1.02% |
| 2015-12-31 | $98.47 Million | +2.11% |
| 2014-12-31 | $96.44 Million | -0.35% |
| 2013-12-31 | $96.78 Million | -5.26% |
| 2012-12-31 | $102.15 Million | -1.59% |
| 2011-12-31 | $103.81 Million | -1.27% |
| 2010-12-31 | $105.14 Million | +1.02% |
| 2009-12-31 | $104.08 Million | +3.19% |
| 2008-12-31 | $100.87 Million | -0.04% |
| 2007-12-31 | $100.92 Million | +4.27% |
| 2006-12-31 | $96.78 Million | -1.76% |
| 2005-12-31 | $98.52 Million | -0.72% |
| 2004-12-31 | $99.23 Million | -0.80% |
| 2003-12-31 | $100.03 Million | -0.60% |
| 2002-12-31 | $100.64 Million | +4.71% |
| 2001-12-31 | $96.11 Million | +23.92% |
| 2000-12-31 | $77.55 Million | -3.54% |
| 1999-12-31 | $80.40 Million | -7.27% |
| 1998-12-31 | $86.70 Million | -- |