First Total Liab vs Long Term Debt Total Analysis

FBMS Stock

USD 25.80 0.09 0.35%

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 Total Liab and its Long Term Debt Total 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.

For more information on how to buy First Stock please use our How to Invest in First Bancshares guide.

Total Liab vs Long Term Debt Total

Total Liab vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancshares Total Liab account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between First Bancshares' Total Liab and Long Term Debt Total is 0.66. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt Total 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' Total Liab and Long Term Debt Total 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 Liab of The First Bancshares are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Liab i.e., First Bancshares' Total Liab and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Debt Total

Most indicators from First Bancshares' 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.

For more information on how to buy First Stock please use our How to Invest in First Bancshares guide.At this time, First Bancshares' 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 Profit	194.3M	207.3M	381.4M	400.5M
Total Revenue	194.3M	207.3M	381.4M	400.5M

Gross Profit Total Revenue

First Bancshares fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Accounts Payable	Short Term Debt	Other Liab	Long Term Debt
Total Assets		0.91	0.99	1.0	-0.1	0.99	0.7	0.86	0.49	0.81	0.26	0.99	0.99	0.99	0.72	0.99	1.0	0.99	0.32	0.99	0.7	0.7	0.78	0.59	0.81	0.61
Short Long Term Debt Total	0.91		0.93	0.92	0.25	0.91	0.43	0.92	0.53	0.78	-0.09	0.91	0.91	0.94	0.84	0.95	0.91	0.96	0.04	0.94	0.84	0.84	0.9	0.82	0.62	0.5
Total Stockholder Equity	0.99	0.93		0.99	-0.09	0.97	0.7	0.86	0.5	0.82	0.23	0.99	0.99	1.0	0.79	1.0	0.99	0.99	0.31	0.99	0.71	0.71	0.79	0.63	0.81	0.63
Property Plant And Equipment Net	1.0	0.92	0.99		-0.06	0.98	0.67	0.85	0.49	0.82	0.25	0.99	0.99	0.99	0.73	0.99	1.0	0.99	0.31	0.99	0.69	0.69	0.77	0.6	0.81	0.63
Net Debt	-0.1	0.25	-0.09	-0.06		-0.04	-0.77	0.19	0.06	0.09	-0.8	-0.1	-0.07	-0.05	0.03	-0.01	-0.1	0.02	-0.65	-0.03	0.32	0.32	0.3	0.46	-0.45	-0.14
Retained Earnings	0.99	0.91	0.97	0.98	-0.04		0.64	0.89	0.48	0.77	0.19	0.98	0.96	0.98	0.66	0.97	0.99	0.99	0.24	0.97	0.74	0.74	0.81	0.62	0.75	0.55
Cash	0.7	0.43	0.7	0.67	-0.77	0.64		0.44	0.3	0.44	0.69	0.69	0.67	0.67	0.53	0.64	0.69	0.62	0.64	0.65	0.26	0.26	0.31	0.12	0.84	0.46
Non Current Assets Total	0.86	0.92	0.86	0.85	0.19	0.89	0.44		0.46	0.68	-0.23	0.85	0.81	0.88	0.71	0.88	0.86	0.92	-0.09	0.86	0.96	0.96	0.99	0.85	0.54	0.22
Non Currrent Assets Other	0.49	0.53	0.5	0.49	0.06	0.48	0.3	0.46		0.4	0.02	0.47	0.52	0.52	0.47	0.51	0.49	0.5	0.18	0.53	0.41	0.41	0.44	0.42	0.19	0.3
Other Assets	0.81	0.78	0.82	0.82	0.09	0.77	0.44	0.68	0.4		0.12	0.81	0.83	0.82	0.55	0.84	0.81	0.81	0.36	0.83	0.55	0.55	0.63	0.42	0.69	0.54
Cash And Short Term Investments	0.26	-0.09	0.23	0.25	-0.8	0.19	0.69	-0.23	0.02	0.12		0.26	0.28	0.19	0.0	0.17	0.26	0.11	0.81	0.21	-0.46	-0.46	-0.38	-0.5	0.55	0.58
Net Receivables	0.99	0.91	0.99	0.99	-0.1	0.98	0.69	0.85	0.47	0.81	0.26		0.98	0.99	0.72	0.98	0.99	0.98	0.3	0.98	0.68	0.68	0.76	0.56	0.83	0.63
Common Stock Total Equity	0.99	0.91	0.99	0.99	-0.07	0.96	0.67	0.81	0.52	0.83	0.28	0.98		0.99	0.74	0.99	0.98	0.97	0.38	1.0	0.64	0.64	0.73	0.57	0.79	0.69
Common Stock Shares Outstanding	0.99	0.94	1.0	0.99	-0.05	0.98	0.67	0.88	0.52	0.82	0.19	0.99	0.99		0.78	1.0	0.99	0.99	0.29	1.0	0.73	0.74	0.81	0.65	0.79	0.6
Non Current Liabilities Total	0.72	0.84	0.79	0.73	0.03	0.66	0.53	0.71	0.47	0.55	0.0	0.72	0.74	0.78		0.77	0.71	0.76	0.07	0.76	0.67	0.67	0.71	0.78	0.61	0.47
Other Stockholder Equity	0.99	0.95	1.0	0.99	-0.01	0.97	0.64	0.88	0.51	0.84	0.17	0.98	0.99	1.0	0.77		0.99	0.99	0.26	0.99	0.74	0.74	0.81	0.65	0.77	0.62
Total Liab	1.0	0.91	0.99	1.0	-0.1	0.99	0.69	0.86	0.49	0.81	0.26	0.99	0.98	0.99	0.71	0.99		0.99	0.32	0.99	0.7	0.7	0.78	0.59	0.81	0.6
Property Plant And Equipment Gross	0.99	0.96	0.99	0.99	0.02	0.99	0.62	0.92	0.5	0.81	0.11	0.98	0.97	0.99	0.76	0.99	0.99		0.21	0.98	0.79	0.79	0.86	0.7	0.76	0.54
Total Current Assets	0.32	0.04	0.31	0.31	-0.65	0.24	0.64	-0.09	0.18	0.36	0.81	0.3	0.38	0.29	0.07	0.26	0.32	0.21		0.32	-0.29	-0.28	-0.21	-0.36	0.49	0.42
Common Stock	0.99	0.94	0.99	0.99	-0.03	0.97	0.65	0.86	0.53	0.83	0.21	0.98	1.0	1.0	0.76	0.99	0.99	0.98	0.32		0.7	0.7	0.78	0.63	0.77	0.64
Other Current Liab	0.7	0.84	0.71	0.69	0.32	0.74	0.26	0.96	0.41	0.55	-0.46	0.68	0.64	0.73	0.67	0.74	0.7	0.79	-0.29	0.7		1.0	0.99	0.91	0.35	0.01
Total Current Liabilities	0.7	0.84	0.71	0.69	0.32	0.74	0.26	0.96	0.41	0.55	-0.46	0.68	0.64	0.74	0.67	0.74	0.7	0.79	-0.28	0.7	1.0		0.99	0.91	0.35	0.01
Accounts Payable	0.78	0.9	0.79	0.77	0.3	0.81	0.31	0.99	0.44	0.63	-0.38	0.76	0.73	0.81	0.71	0.81	0.78	0.86	-0.21	0.78	0.99	0.99		0.9	0.44	0.12
Short Term Debt	0.59	0.82	0.63	0.6	0.46	0.62	0.12	0.85	0.42	0.42	-0.5	0.56	0.57	0.65	0.78	0.65	0.59	0.7	-0.36	0.63	0.91	0.91	0.9		0.22	0.08
Other Liab	0.81	0.62	0.81	0.81	-0.45	0.75	0.84	0.54	0.19	0.69	0.55	0.83	0.79	0.79	0.61	0.77	0.81	0.76	0.49	0.77	0.35	0.35	0.44	0.22		0.62
Long Term Debt	0.61	0.5	0.63	0.63	-0.14	0.55	0.46	0.22	0.3	0.54	0.58	0.63	0.69	0.6	0.47	0.62	0.6	0.54	0.42	0.64	0.01	0.01	0.12	0.08	0.62

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First Bancshares Account Relationship Matchups

First Bancshares fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	5.2B	6.1B	6.5B	8.0B	8.4B
Short Long Term Debt Total	295.0M	259.2M	144.7M	284.9M	521.7M	547.8M
Total Stockholder Equity	543.7M	644.8M	676.2M	646.7M	949.0M	996.5M
Property Plant And Equipment Net	105.0M	123.5M	132.4M	153.1M	182.2M	191.3M
Net Debt	126.1M	(303.3M)	(775.0M)	139.5M	166.5M	174.9M
Retained Earnings	110.5M	154.2M	206.2M	252.6M	300.2M	315.2M
Cash	168.9M	562.6M	919.7M	145.3M	355.1M	372.9M
Non Current Assets Total	1.1B	1.4B	2.1B	2.3B	7.6B	8.0B
Non Currrent Assets Other	(16.1M)	(20.5M)	(17.6M)	(128.4M)	6.9B	7.2B
Other Assets	1.9B	2.2B	1.3B	2.7B	3.1B	3.3B
Cash And Short Term Investments	934.0M	1.6B	2.7B	1.4B	(355.1M)	(337.4M)
Net Receivables	14.8M	26.3M	23.3M	27.7M	33.3M	35.0M
Common Stock Total Equity	19.0M	21.6M	21.7M	25.3M	29.1M	30.5M
Common Stock Shares Outstanding	17.2M	20.8M	21.2M	22.2M	31.6M	33.1M
Liabilities And Stockholders Equity	3.9B	5.2B	6.1B	6.5B	8.0B	8.4B
Non Current Liabilities Total	295.0M	259.2M	144.7M	13.1M	309.6M	325.1M
Other Stockholder Equity	404.1M	443.2M	440.3M	517.7M	734.1M	770.8M
Total Liab	3.4B	4.5B	5.4B	5.8B	7.1B	7.4B
Property Plant And Equipment Gross	105.0M	123.5M	132.4M	153.1M	225.9M	237.2M
Total Current Assets	948.8M	1.6B	2.7B	1.4B	396.8M	659.0M
Accumulated Other Comprehensive Income	10.1M	25.8M	8.0M	(149.0M)	(117.6M)	(111.7M)
Common Stock	19.0M	21.6M	21.7M	25.3M	32.3M	34.0M
Other Current Liab	(2.5M)	(10.4M)	(8.0M)	(13.1M)	6.4B	6.7B
Total Current Liabilities	2.5M	10.4M	8.0M	13.1M	6.8B	7.1B
Accounts Payable	2.5M	2.1M	1.7M	3.3M	22.7M	23.8M
Short Term Debt	214.3M	8.3M	6.3M	9.7M	391.4M	410.9M
Other Liab	17.6M	33.4M	29.7M	19.6M	22.6M	23.7M
Long Term Debt	295.0M	259.2M	144.7M	275.1M	123.4M	88.1M
Short Term Investments	765.1M	1.0B	1.8B	1.3B	1.0B	1.1B
Inventory	(191.0M)	(594.7M)	(945.5M)	(177.9M)	321.8M	337.9M
Treasury Stock	(5.7M)	(13.8M)	(18.9M)	(41.1M)	(37.0M)	(35.1M)
Property Plant Equipment	105.0M	123.5M	132.4M	153.1M	176.0M	184.8M
Good Will	158.6M	156.9M	156.7M	180.3M	272.5M	286.1M
Other Current Assets	191.0M	594.7M	945.5M	177.9M	396.8M	565.8M
Intangible Assets	30.3M	30.8M	29.5M	34.6M	341.3M	358.4M
Net Tangible Assets	385.1M	487.9M	490.0M	466.4M	536.4M	563.2M
Retained Earnings Total Equity	110.5M	154.2M	206.2M	252.6M	290.5M	305.0M
Long Term Debt Total	295.0M	259.2M	144.7M	145.0M	166.8M	91.4M
Capital Surpluse	409.8M	456.9M	459.2M	558.8M	642.7M	674.8M

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

0.62

Byline Bancorp Financial Report 25th of July 2024

Pair Corr

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 Correlation Correlation Matching

When determining whether First Bancshares is a strong investment it is important to analyze First Bancshares' 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' future performance. For an informed investment choice regarding First Stock, refer to the following important reports:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Bancshares' Net Worth?

Details

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Largest Banks - Regional Companies

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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.

For more information on how to buy First Stock please use our How to Invest in First Bancshares guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for First Stock analysis

When running First Bancshares' price analysis, check to measure First Bancshares' 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' value examination focuses on studying past and present price action to predict the probability of First Bancshares' 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' 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' 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' value that differs from its market value or its book value, called intrinsic value, which is First Bancshares' 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' market value can be influenced by many factors that don't directly affect First Bancshares' 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' 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' 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.

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First Total Liab vs Long Term Debt Total Analysis

Total Liab vs Long Term Debt Total

Total Liab vs Long Term Debt Total Correlation Analysis

Correlation Coefficient

Total Liab

Long Term Debt Total

First Bancshares fundamental ratios Correlations

First Bancshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Bancshares fundamental ratios Accounts

Pair Trading with First Bancshares

Moving together with First Stock

Complementary Tools for First Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity

Cash And Short Term Investments	- 0.8	Net Debt
Cash	- 0.77	Net Debt
Total Current Assets	- 0.65	Net Debt
Short Term Debt	- 0.5	Cash And Short Term Investments
Total Current Liabilities	- 0.46	Cash And Short Term Investments
Other Current Liab	- 0.46	Cash And Short Term Investments