First Property Plant And Equipment Net vs Other Stockholder Equity Analysis

FBMS Stock  USD 25.35  0.43  1.73%   
First Bancshares, financial indicator trend analysis is much more than just examining First Bancshares, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancshares, is a good investment. Please check the relationship between First Bancshares, Property Plant And Equipment Net and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The First Bancshares,. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancshares, Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between First Bancshares,'s Property Plant And Equipment Net and Other Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of The First Bancshares,, assuming nothing else is changed. The correlation between historical values of First Bancshares,'s Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of The First Bancshares, are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., First Bancshares,'s Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

Most indicators from First Bancshares,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bancshares, 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 The First Bancshares,. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, First Bancshares,'s Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 119.32 in 2024, whereas Tax Provision is likely to drop slightly above 12 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit194.3M207.3M381.4M400.5M
Total Revenue194.3M207.3M381.4M400.5M

First Bancshares, fundamental ratios Correlations

0.910.991.0-0.10.990.70.860.490.810.260.990.990.990.720.991.00.990.320.990.70.70.780.590.810.61
0.910.930.920.250.910.430.920.530.78-0.090.910.910.940.840.950.910.960.040.940.840.840.90.820.620.5
0.990.930.99-0.090.970.70.860.50.820.230.990.991.00.791.00.990.990.310.990.710.710.790.630.810.63
1.00.920.99-0.060.980.670.850.490.820.250.990.990.990.730.991.00.990.310.990.690.690.770.60.810.63
-0.10.25-0.09-0.06-0.04-0.770.190.060.09-0.8-0.1-0.07-0.050.03-0.01-0.10.02-0.65-0.030.320.320.30.46-0.45-0.14
0.990.910.970.98-0.040.640.890.480.770.190.980.960.980.660.970.990.990.240.970.740.740.810.620.750.55
0.70.430.70.67-0.770.640.440.30.440.690.690.670.670.530.640.690.620.640.650.260.260.310.120.840.46
0.860.920.860.850.190.890.440.460.68-0.230.850.810.880.710.880.860.92-0.090.860.960.960.990.850.540.22
0.490.530.50.490.060.480.30.460.40.020.470.520.520.470.510.490.50.180.530.410.410.440.420.190.3
0.810.780.820.820.090.770.440.680.40.120.810.830.820.550.840.810.810.360.830.550.550.630.420.690.54
0.26-0.090.230.25-0.80.190.69-0.230.020.120.260.280.190.00.170.260.110.810.21-0.46-0.46-0.38-0.50.550.58
0.990.910.990.99-0.10.980.690.850.470.810.260.980.990.720.980.990.980.30.980.680.680.760.560.830.63
0.990.910.990.99-0.070.960.670.810.520.830.280.980.990.740.990.980.970.381.00.640.640.730.570.790.69
0.990.941.00.99-0.050.980.670.880.520.820.190.990.990.781.00.990.990.291.00.730.740.810.650.790.6
0.720.840.790.730.030.660.530.710.470.550.00.720.740.780.770.710.760.070.760.670.670.710.780.610.47
0.990.951.00.99-0.010.970.640.880.510.840.170.980.991.00.770.990.990.260.990.740.740.810.650.770.62
1.00.910.991.0-0.10.990.690.860.490.810.260.990.980.990.710.990.990.320.990.70.70.780.590.810.6
0.990.960.990.990.020.990.620.920.50.810.110.980.970.990.760.990.990.210.980.790.790.860.70.760.54
0.320.040.310.31-0.650.240.64-0.090.180.360.810.30.380.290.070.260.320.210.32-0.29-0.28-0.21-0.360.490.42
0.990.940.990.99-0.030.970.650.860.530.830.210.981.01.00.760.990.990.980.320.70.70.780.630.770.64
0.70.840.710.690.320.740.260.960.410.55-0.460.680.640.730.670.740.70.79-0.290.71.00.990.910.350.01
0.70.840.710.690.320.740.260.960.410.55-0.460.680.640.740.670.740.70.79-0.280.71.00.990.910.350.01
0.780.90.790.770.30.810.310.990.440.63-0.380.760.730.810.710.810.780.86-0.210.780.990.990.90.440.12
0.590.820.630.60.460.620.120.850.420.42-0.50.560.570.650.780.650.590.7-0.360.630.910.910.90.220.08
0.810.620.810.81-0.450.750.840.540.190.690.550.830.790.790.610.770.810.760.490.770.350.350.440.220.62
0.610.50.630.63-0.140.550.460.220.30.540.580.630.690.60.470.620.60.540.420.640.010.010.120.080.62
Click cells to compare fundamentals

First Bancshares, Account Relationship Matchups

First Bancshares, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B5.2B6.1B6.5B8.0B8.4B
Short Long Term Debt Total295.0M259.2M144.7M284.9M521.7M547.8M
Total Stockholder Equity543.7M644.8M676.2M646.7M949.0M996.5M
Property Plant And Equipment Net105.0M123.5M132.4M153.1M182.2M191.3M
Net Debt126.1M(303.3M)(775.0M)139.5M166.5M174.9M
Retained Earnings110.5M154.2M206.2M252.6M300.2M315.2M
Cash168.9M562.6M919.7M145.3M355.1M372.9M
Non Current Assets Total1.1B1.4B2.1B2.3B7.6B8.0B
Non Currrent Assets Other(16.1M)(20.5M)(17.6M)(128.4M)6.9B7.2B
Other Assets1.9B2.2B1.3B2.7B3.1B3.3B
Cash And Short Term Investments934.0M1.6B2.7B1.4B(355.1M)(337.4M)
Net Receivables14.8M26.3M23.3M27.7M33.3M35.0M
Common Stock Total Equity19.0M21.6M21.7M25.3M29.1M30.5M
Common Stock Shares Outstanding17.2M20.8M21.2M22.2M31.6M33.1M
Liabilities And Stockholders Equity3.9B5.2B6.1B6.5B8.0B8.4B
Non Current Liabilities Total295.0M259.2M144.7M13.1M309.6M325.1M
Other Stockholder Equity404.1M443.2M440.3M517.7M734.1M770.8M
Total Liab3.4B4.5B5.4B5.8B7.1B7.4B
Property Plant And Equipment Gross105.0M123.5M132.4M153.1M225.9M237.2M
Total Current Assets948.8M1.6B2.7B1.4B396.8M659.0M
Accumulated Other Comprehensive Income10.1M25.8M8.0M(149.0M)(117.6M)(111.7M)
Common Stock19.0M21.6M21.7M25.3M32.3M34.0M
Other Current Liab(2.5M)(10.4M)(8.0M)(13.1M)6.4B6.7B
Total Current Liabilities2.5M10.4M8.0M13.1M6.8B7.1B
Accounts Payable2.5M2.1M1.7M3.3M22.7M23.8M
Short Term Debt214.3M8.3M6.3M9.7M391.4M410.9M
Other Liab17.6M33.4M29.7M19.6M22.6M23.7M
Long Term Debt295.0M259.2M144.7M275.1M123.4M88.1M
Short Term Investments765.1M1.0B1.8B1.3B1.0B1.1B
Inventory(191.0M)(594.7M)(945.5M)(177.9M)321.8M337.9M
Treasury Stock(5.7M)(13.8M)(18.9M)(41.1M)(37.0M)(35.1M)
Property Plant Equipment105.0M123.5M132.4M153.1M176.0M184.8M
Good Will158.6M156.9M156.7M180.3M272.5M286.1M
Other Current Assets191.0M594.7M945.5M177.9M396.8M565.8M
Intangible Assets30.3M30.8M29.5M34.6M341.3M358.4M
Net Tangible Assets385.1M487.9M490.0M466.4M536.4M563.2M
Retained Earnings Total Equity110.5M154.2M206.2M252.6M290.5M305.0M
Long Term Debt Total295.0M259.2M144.7M145.0M166.8M91.4M
Capital Surpluse409.8M456.9M459.2M558.8M642.7M674.8M

Pair Trading with First Bancshares,

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancshares, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancshares, will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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The ability to find closely correlated positions to First Bancshares, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancshares, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancshares, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The First Bancshares, to buy it.
The correlation of First Bancshares, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancshares, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancshares, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Bancshares, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Bancshares, is a strong investment it is important to analyze First Bancshares,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Bancshares,'s future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The First Bancshares,. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running First Bancshares,'s price analysis, check to measure First Bancshares,'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 Bancshares, is operating at the current time. Most of First Bancshares,'s value examination focuses on studying past and present price action to predict the probability of First Bancshares,'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 Bancshares,'s price. Additionally, you may evaluate how the addition of First Bancshares, to your portfolios can decrease your overall portfolio volatility.
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Is First Bancshares,'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 Bancshares,. 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 Bancshares, 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
0.251
Dividend Share
0.97
Earnings Share
2.52
Revenue Per Share
9.072
Quarterly Revenue Growth
0.052
The market value of First Bancshares, 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 Bancshares,'s value that differs from its market value or its book value, called intrinsic value, which is First Bancshares,'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 Bancshares,'s market value can be influenced by many factors that don't directly affect First Bancshares,'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 Bancshares,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancshares, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancshares,'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.