First Accounts Payable from 2010 to 2024

FMBH Stock  USD 31.89  0.05  0.16%   
First Mid's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is estimated to finish at about 5.7 M this year. Accounts Payable is the amount First Mid Illinois owes to suppliers or vendors for products or services received but not yet paid for. It represents First Mid's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-12-31
Previous Quarter
5.4 M
Current Value
6.3 M
Quarterly Volatility
1.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Mid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.6 M, Interest Expense of 112 M or Selling General Administrative of 116.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.017 or PTB Ratio of 1.42. First financial statements analysis is a perfect complement when working with First Mid Valuation or Volatility modules.
  
This module can also supplement various First Mid Technical models . Check out the analysis of First Mid Correlation against competitors.

Latest First Mid's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of First Mid Illinois over the last few years. An accounting item on the balance sheet that represents First Mid obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Mid Illinois are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. First Mid's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Mid's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

First Accounts Payable Regression Statistics

Arithmetic Mean1,849,057
Geometric Mean1,118,857
Coefficient Of Variation97.81
Mean Deviation1,417,535
Median1,346,000
Standard Deviation1,808,551
Sample Variance3.3T
Range5.4M
R-Value0.72
Mean Square Error1.7T
R-Squared0.52
Significance0
Slope291,578
Total Sum of Squares45.8T

First Accounts Payable History

20245.7 M
20235.4 M
20223.3 M
20211.3 M
20202.3 M
20192.3 M
20181.8 M

About First Mid Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Mid income statement, its balance sheet, and the statement of cash flows. First Mid investors use historical funamental indicators, such as First Mid's Accounts Payable, to determine how well the company is positioned to perform in the future. Although First Mid investors may use each financial statement separately, they are all related. The changes in First Mid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Mid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Mid Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Mid. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable5.4 M5.7 M

Currently Active Assets on Macroaxis

When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid'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 Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:
Check out the analysis of First Mid Correlation against competitors.
Note that the First Mid Illinois information on this page should be used as a complementary analysis to other First Mid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running First Mid's price analysis, check to measure First Mid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Mid is operating at the current time. Most of First Mid's value examination focuses on studying past and present price action to predict the probability of First Mid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Mid's price. Additionally, you may evaluate how the addition of First Mid to your portfolios can decrease your overall portfolio volatility.
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Is First Mid's industry 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 Mid. 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 Mid 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
(0.08)
Dividend Share
0.92
Earnings Share
3.08
Revenue Per Share
12.727
Quarterly Revenue Growth
0.208
The market value of First Mid Illinois 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 Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid'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 Mid's market value can be influenced by many factors that don't directly affect First Mid'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 Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid'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.