First Gross Profit vs Total Operating Expenses Analysis
FHN Stock | USD 15.68 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 Gross Profit and its Total Operating Expenses 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.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Horizon National Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Horizon's Gross Profit and Total Operating Expenses is -0.61. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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 Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of First Horizon National are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., First Horizon's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of First Horizon National minus its cost of goods sold. It is profit before First Horizon operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 29th of May 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) | Other Operating Expenses | 1.8B | 1.8B | 3.9B | 4.1B | Interest Expense | 176M | 304M | 212M | 278.9M |
First Horizon fundamental ratios Correlations
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First Horizon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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. Note that the First Horizon National information on this page should be used as a complementary analysis to other First Horizon'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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Is First Horizon'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 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.