First Depreciation And Amortization vs Income Before Tax Analysis

FHN Stock

USD 15.71 0.13 0.82%

First Horizon financial indicator trend analysis is much more than just examining First Horizon National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Horizon National is a good investment. Please check the relationship between First Horizon Depreciation And Amortization and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Horizon National Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.

The correlation between First Horizon's Depreciation And Amortization and Income Before Tax is 0.86. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of First Horizon National, assuming nothing else is changed. The correlation between historical values of First Horizon's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of First Horizon National are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., First Horizon's Depreciation And Amortization and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on First Horizon income statement and is an important metric when analyzing First Horizon National profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from First Horizon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Horizon National 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 First Horizon National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

At this time, First Horizon's Discontinued Operations is very stable compared to the past year. As of the 4th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.32, while Selling General Administrative is likely to drop about 699.2 M.

	2021	2022	2023	2024 (projected)
EBIT	1.3B	1.5B	1.3B	714.1M
Operating Income	1.3B	1.5B	1.4B	717.0M

Ebit Operating Income

First Horizon fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	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	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Net Receivables	Other Current Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable
Total Assets		0.96	0.77	-0.43	0.62	0.99	0.94	-0.42	0.93	0.63	0.63	-0.62	0.87	0.72	0.53	0.98	1.0	-0.21	0.84	0.94	-0.35	0.97	0.98	0.88	0.29	0.92
Common Stock Shares Outstanding	0.96		0.72	-0.31	0.68	0.97	0.92	-0.28	0.97	0.5	0.7	-0.59	0.85	0.58	0.62	0.95	0.96	-0.31	0.77	0.93	-0.44	0.98	0.97	0.82	0.28	0.9
Short Long Term Debt Total	0.77	0.72		-0.22	0.4	0.76	0.74	-0.14	0.66	0.43	0.38	-0.26	0.76	0.47	0.3	0.79	0.77	0.1	0.84	0.65	-0.01	0.73	0.75	0.82	0.36	0.63
Other Current Liab	-0.43	-0.31	-0.22		-0.04	-0.42	-0.33	0.35	-0.35	-0.39	-0.03	0.61	-0.3	-0.35	0.06	-0.43	-0.43	0.27	-0.51	-0.33	0.27	-0.39	-0.35	-0.41	0.23	-0.34
Total Current Liabilities	0.62	0.68	0.4	-0.04		0.69	0.79	0.18	0.8	-0.01	1.0	-0.17	0.7	0.22	0.99	0.67	0.61	-0.42	0.61	0.7	-0.45	0.71	0.74	0.34	0.04	0.65
Total Stockholder Equity	0.99	0.97	0.76	-0.42	0.69		0.97	-0.3	0.96	0.52	0.7	-0.61	0.88	0.63	0.61	0.99	0.99	-0.29	0.86	0.93	-0.43	0.98	0.99	0.85	0.22	0.9
Property Plant And Equipment Net	0.94	0.92	0.74	-0.33	0.79	0.97		-0.19	0.93	0.42	0.8	-0.45	0.89	0.6	0.72	0.98	0.93	-0.23	0.84	0.88	-0.38	0.93	0.97	0.77	0.18	0.83
Net Debt	-0.42	-0.28	-0.14	0.35	0.18	-0.3	-0.19		-0.16	-0.95	0.15	0.48	-0.1	-0.86	0.22	-0.27	-0.43	-0.25	-0.12	-0.36	-0.18	-0.29	-0.27	-0.45	-0.38	-0.43
Retained Earnings	0.93	0.97	0.66	-0.35	0.8	0.96	0.93	-0.16		0.37	0.81	-0.57	0.87	0.49	0.74	0.94	0.92	-0.44	0.8	0.93	-0.54	0.97	0.96	0.74	0.15	0.88
Cash	0.63	0.5	0.43	-0.39	-0.01	0.52	0.42	-0.95	0.37		0.01	-0.53	0.33	0.93	-0.08	0.51	0.64	0.24	0.38	0.55	0.15	0.51	0.5	0.64	0.46	0.6
Non Current Assets Total	0.63	0.7	0.38	-0.03	1.0	0.7	0.8	0.15	0.81	0.01		-0.19	0.71	0.24	0.99	0.68	0.62	-0.42	0.58	0.72	-0.46	0.73	0.75	0.36	0.05	0.67
Non Currrent Assets Other	-0.62	-0.59	-0.26	0.61	-0.17	-0.61	-0.45	0.48	-0.57	-0.53	-0.19		-0.29	-0.45	-0.1	-0.57	-0.62	0.65	-0.43	-0.6	0.71	-0.57	-0.55	-0.6	-0.21	-0.62
Other Assets	0.87	0.85	0.76	-0.3	0.7	0.88	0.89	-0.1	0.87	0.33	0.71	-0.29		0.47	0.64	0.88	0.86	-0.11	0.81	0.82	-0.21	0.87	0.89	0.72	0.15	0.78
Cash And Short Term Investments	0.72	0.58	0.47	-0.35	0.22	0.63	0.6	-0.86	0.49	0.93	0.24	-0.45	0.47		0.15	0.63	0.73	0.24	0.49	0.61	0.08	0.59	0.62	0.65	0.36	0.63
Non Current Liabilities Total	0.53	0.62	0.3	0.06	0.99	0.61	0.72	0.22	0.74	-0.08	0.99	-0.1	0.64	0.15		0.59	0.52	-0.42	0.49	0.65	-0.44	0.64	0.67	0.25	0.05	0.6
Other Stockholder Equity	0.98	0.95	0.79	-0.43	0.67	0.99	0.98	-0.27	0.94	0.51	0.68	-0.57	0.88	0.63	0.59		0.98	-0.25	0.87	0.9	-0.4	0.96	0.98	0.85	0.2	0.86
Total Liab	1.0	0.96	0.77	-0.43	0.61	0.99	0.93	-0.43	0.92	0.64	0.62	-0.62	0.86	0.73	0.52	0.98		-0.2	0.83	0.94	-0.34	0.96	0.98	0.88	0.3	0.92
Total Current Assets	-0.21	-0.31	0.1	0.27	-0.42	-0.29	-0.23	-0.25	-0.44	0.24	-0.42	0.65	-0.11	0.24	-0.42	-0.25	-0.2		-0.18	-0.34	0.94	-0.3	-0.28	-0.1	0.08	-0.32
Short Term Debt	0.84	0.77	0.84	-0.51	0.61	0.86	0.84	-0.12	0.8	0.38	0.58	-0.43	0.81	0.49	0.49	0.87	0.83	-0.18		0.75	-0.26	0.83	0.83	0.72	0.09	0.71
Net Receivables	0.94	0.93	0.65	-0.33	0.7	0.93	0.88	-0.36	0.93	0.55	0.72	-0.6	0.82	0.61	0.65	0.9	0.94	-0.34	0.75		-0.4	0.95	0.96	0.79	0.39	0.99
Other Current Assets	-0.35	-0.44	-0.01	0.27	-0.45	-0.43	-0.38	-0.18	-0.54	0.15	-0.46	0.71	-0.21	0.08	-0.44	-0.4	-0.34	0.94	-0.26	-0.4		-0.39	-0.4	-0.23	0.08	-0.35
Property Plant And Equipment Gross	0.97	0.98	0.73	-0.39	0.71	0.98	0.93	-0.29	0.97	0.51	0.73	-0.57	0.87	0.59	0.64	0.96	0.96	-0.3	0.83	0.95	-0.39		0.97	0.81	0.24	0.92
Common Stock Total Equity	0.98	0.97	0.75	-0.35	0.74	0.99	0.97	-0.27	0.96	0.5	0.75	-0.55	0.89	0.62	0.67	0.98	0.98	-0.28	0.83	0.96	-0.4	0.97		0.82	0.28	0.92
Common Stock	0.88	0.82	0.82	-0.41	0.34	0.85	0.77	-0.45	0.74	0.64	0.36	-0.6	0.72	0.65	0.25	0.85	0.88	-0.1	0.72	0.79	-0.23	0.81	0.82		0.29	0.78
Other Liab	0.29	0.28	0.36	0.23	0.04	0.22	0.18	-0.38	0.15	0.46	0.05	-0.21	0.15	0.36	0.05	0.2	0.3	0.08	0.09	0.39	0.08	0.24	0.28	0.29		0.45
Accounts Payable	0.92	0.9	0.63	-0.34	0.65	0.9	0.83	-0.43	0.88	0.6	0.67	-0.62	0.78	0.63	0.6	0.86	0.92	-0.32	0.71	0.99	-0.35	0.92	0.92	0.78	0.45

Click cells to compare fundamentals

First Horizon Account Relationship Matchups

First Horizon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Common Stock Shares Outstanding	315.7M	434.0M	551.2M	566.0M	561.7M	589.8M
Short Long Term Debt Total	3.0B	3.9B	3.7B	4.1B	4.0B	2.9B
Other Current Liab	(2.3B)	(2.2B)	(2.1B)	(2.5B)	17.7B	11.5B
Total Current Liabilities	2.3B	2.2B	2.1B	2.5B	20.3B	21.3B
Total Stockholder Equity	4.8B	8.0B	8.2B	8.3B	9.0B	9.4B
Property Plant And Equipment Net	455.0M	759M	665M	612M	899M	944.0M
Net Debt	1.9B	(5.7B)	(12.3B)	1.7B	1.7B	1.8B
Retained Earnings	1.8B	2.3B	2.9B	3.4B	4.0B	4.2B
Cash	1.1B	9.6B	16.1B	2.4B	2.3B	2.0B
Non Current Assets Total	7.8B	11.9B	13.5B	13.9B	76.9B	80.7B
Non Currrent Assets Other	(7.8B)	(11.9B)	(13.5B)	(13.9B)	2.0B	3.8B
Other Assets	29.9B	54.8B	50.8B	62.6B	70.0B	73.5B
Cash And Short Term Investments	5.6B	17.6B	24.8B	2.4B	9.4B	9.9B
Liabilities And Stockholders Equity	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Non Current Liabilities Total	791.4M	1.7B	1.6B	2.5B	52.1B	54.7B
Other Stockholder Equity	2.9B	5.1B	4.7B	4.8B	5.4B	5.6B
Total Liab	38.2B	75.9B	80.6B	70.4B	72.4B	76.0B
Total Current Assets	5.6B	17.6B	24.8B	2.4B	4.8B	4.5B
Short Term Debt	2.3B	2.2B	2.1B	2.5B	2.5B	2.7B
Net Receivables	68.7M	38.9M	40.1M	57.3B	65.9B	69.2B
Other Current Assets	3.2B	11.4B	18.4B	4.5B	4.8B	4.5B
Property Plant And Equipment Gross	455.0M	759M	1.1B	1.1B	1.1B	1.2B
Common Stock Total Equity	194.7M	347M	333M	336M	386.4M	405.7M
Accumulated Other Comprehensive Income	(239.6M)	(140M)	(288M)	(1.4B)	(1.2B)	(1.1B)
Common Stock	194.7M	347M	333M	336M	349M	176.3M
Other Liab	647.2M	1.7B	1.6B	1.2B	1.0B	1.2B
Accounts Payable	49.5M	70.0B	74.9B	63.5B	73.0B	76.7B
Long Term Debt	1.4B	2.0B	1.6B	1.6B	1.2B	1.8B
Good Will	1.4B	1.4B	1.4B	1.5B	1.5B	1.6B
Short Term Investments	4.4B	8.0B	8.7B	10.0B	8.4B	8.8B
Inventory	(3.2B)	20M	10M	11M	9.9M	9.4M
Intangible Assets	130.2M	354M	298M	234M	186M	176.7M
Property Plant Equipment	472.8M	759M	665M	612M	703.8M	454.6M
Net Tangible Assets	3.1B	5.7B	5.9B	5.5B	6.3B	3.5B
Retained Earnings Total Equity	1.8B	2.3B	2.9B	3.4B	3.9B	4.1B
Long Term Debt Total	1.4B	2.0B	1.6B	1.9B	1.7B	1.7B
Capital Surpluse	2.9B	5.1B	4.7B	4.8B	5.6B	3.0B

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Additional Information and Resources on Investing in First Stock

When determining whether First Horizon National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Horizon'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 Horizon National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Horizon National Stock:

How To Invest In First

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Is First Stock a good investment?

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What is First Horizon's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Is Regional Banks space 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 Horizon. 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 Horizon 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

(0.23)

Dividend Share

0.6

Earnings Share

1.44

Revenue Per Share

5.321

Quarterly Revenue Growth

(0.05)

The market value of First Horizon National 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 Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon'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 Horizon's market value can be influenced by many factors that don't directly affect First Horizon'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 Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon'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.

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First Depreciation And Amortization vs Income Before Tax Analysis

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Income Before Tax

First Horizon fundamental ratios Correlations

First Horizon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Horizon fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in First Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Total Stockholder Equity

Cash	- 0.95	Net Debt
Cash And Short Term Investments	- 0.86	Net Debt
Accounts Payable	- 0.62	Non Currrent Assets Other
Total Liab	- 0.62	Non Currrent Assets Other
Non Currrent Assets Other	- 0.62	Total Assets
Non Currrent Assets Other	- 0.61	Total Stockholder Equity