First Minority Interest vs Operating Income 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 Minority Interest and its Operating Income 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.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Horizon National Minority Interest account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between First Horizon's Minority Interest and Operating Income is -0.71. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income 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 Minority Interest and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of First Horizon National are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., First Horizon's Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of First Horizon National whose combined shares represent less than 50% of the total outstanding shares issued by First Horizon have a minority interest in First Horizon.

Operating Income

Operating Income is the amount of profit realized from First Horizon National operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of First Horizon National is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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)
EBIT1.3B1.5B1.3B714.1M
Operating Income1.3B1.5B1.4B717.0M

First Horizon fundamental ratios Correlations

0.960.77-0.430.620.990.94-0.420.930.630.63-0.620.870.720.530.981.0-0.210.840.94-0.350.970.980.880.290.92
0.960.72-0.310.680.970.92-0.280.970.50.7-0.590.850.580.620.950.96-0.310.770.93-0.440.980.970.820.280.9
0.770.72-0.220.40.760.74-0.140.660.430.38-0.260.760.470.30.790.770.10.840.65-0.010.730.750.820.360.63
-0.43-0.31-0.22-0.04-0.42-0.330.35-0.35-0.39-0.030.61-0.3-0.350.06-0.43-0.430.27-0.51-0.330.27-0.39-0.35-0.410.23-0.34
0.620.680.4-0.040.690.790.180.8-0.011.0-0.170.70.220.990.670.61-0.420.610.7-0.450.710.740.340.040.65
0.990.970.76-0.420.690.97-0.30.960.520.7-0.610.880.630.610.990.99-0.290.860.93-0.430.980.990.850.220.9
0.940.920.74-0.330.790.97-0.190.930.420.8-0.450.890.60.720.980.93-0.230.840.88-0.380.930.970.770.180.83
-0.42-0.28-0.140.350.18-0.3-0.19-0.16-0.950.150.48-0.1-0.860.22-0.27-0.43-0.25-0.12-0.36-0.18-0.29-0.27-0.45-0.38-0.43
0.930.970.66-0.350.80.960.93-0.160.370.81-0.570.870.490.740.940.92-0.440.80.93-0.540.970.960.740.150.88
0.630.50.43-0.39-0.010.520.42-0.950.370.01-0.530.330.93-0.080.510.640.240.380.550.150.510.50.640.460.6
0.630.70.38-0.031.00.70.80.150.810.01-0.190.710.240.990.680.62-0.420.580.72-0.460.730.750.360.050.67
-0.62-0.59-0.260.61-0.17-0.61-0.450.48-0.57-0.53-0.19-0.29-0.45-0.1-0.57-0.620.65-0.43-0.60.71-0.57-0.55-0.6-0.21-0.62
0.870.850.76-0.30.70.880.89-0.10.870.330.71-0.290.470.640.880.86-0.110.810.82-0.210.870.890.720.150.78
0.720.580.47-0.350.220.630.6-0.860.490.930.24-0.450.470.150.630.730.240.490.610.080.590.620.650.360.63
0.530.620.30.060.990.610.720.220.74-0.080.99-0.10.640.150.590.52-0.420.490.65-0.440.640.670.250.050.6
0.980.950.79-0.430.670.990.98-0.270.940.510.68-0.570.880.630.590.98-0.250.870.9-0.40.960.980.850.20.86
1.00.960.77-0.430.610.990.93-0.430.920.640.62-0.620.860.730.520.98-0.20.830.94-0.340.960.980.880.30.92
-0.21-0.310.10.27-0.42-0.29-0.23-0.25-0.440.24-0.420.65-0.110.24-0.42-0.25-0.2-0.18-0.340.94-0.3-0.28-0.10.08-0.32
0.840.770.84-0.510.610.860.84-0.120.80.380.58-0.430.810.490.490.870.83-0.180.75-0.260.830.830.720.090.71
0.940.930.65-0.330.70.930.88-0.360.930.550.72-0.60.820.610.650.90.94-0.340.75-0.40.950.960.790.390.99
-0.35-0.44-0.010.27-0.45-0.43-0.38-0.18-0.540.15-0.460.71-0.210.08-0.44-0.4-0.340.94-0.26-0.4-0.39-0.4-0.230.08-0.35
0.970.980.73-0.390.710.980.93-0.290.970.510.73-0.570.870.590.640.960.96-0.30.830.95-0.390.970.810.240.92
0.980.970.75-0.350.740.990.97-0.270.960.50.75-0.550.890.620.670.980.98-0.280.830.96-0.40.970.820.280.92
0.880.820.82-0.410.340.850.77-0.450.740.640.36-0.60.720.650.250.850.88-0.10.720.79-0.230.810.820.290.78
0.290.280.360.230.040.220.18-0.380.150.460.05-0.210.150.360.050.20.30.080.090.390.080.240.280.290.45
0.920.90.63-0.340.650.90.83-0.430.880.60.67-0.620.780.630.60.860.92-0.320.710.99-0.350.920.920.780.45
Click cells to compare fundamentals

First Horizon Account Relationship Matchups

First Horizon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.3B84.2B89.1B79.0B81.7B85.7B
Common Stock Shares Outstanding315.7M434.0M551.2M566.0M561.7M589.8M
Short Long Term Debt Total3.0B3.9B3.7B4.1B4.0B2.9B
Other Current Liab(2.3B)(2.2B)(2.1B)(2.5B)17.7B11.5B
Total Current Liabilities2.3B2.2B2.1B2.5B20.3B21.3B
Total Stockholder Equity4.8B8.0B8.2B8.3B9.0B9.4B
Property Plant And Equipment Net455.0M759M665M612M899M944.0M
Net Debt1.9B(5.7B)(12.3B)1.7B1.7B1.8B
Retained Earnings1.8B2.3B2.9B3.4B4.0B4.2B
Cash1.1B9.6B16.1B2.4B2.3B2.0B
Non Current Assets Total7.8B11.9B13.5B13.9B76.9B80.7B
Non Currrent Assets Other(7.8B)(11.9B)(13.5B)(13.9B)2.0B3.8B
Other Assets29.9B54.8B50.8B62.6B70.0B73.5B
Cash And Short Term Investments5.6B17.6B24.8B2.4B9.4B9.9B
Liabilities And Stockholders Equity43.3B84.2B89.1B79.0B81.7B85.7B
Non Current Liabilities Total791.4M1.7B1.6B2.5B52.1B54.7B
Other Stockholder Equity2.9B5.1B4.7B4.8B5.4B5.6B
Total Liab38.2B75.9B80.6B70.4B72.4B76.0B
Total Current Assets5.6B17.6B24.8B2.4B4.8B4.5B
Short Term Debt2.3B2.2B2.1B2.5B2.5B2.7B
Net Receivables68.7M38.9M40.1M57.3B65.9B69.2B
Other Current Assets3.2B11.4B18.4B4.5B4.8B4.5B
Property Plant And Equipment Gross455.0M759M1.1B1.1B1.1B1.2B
Common Stock Total Equity194.7M347M333M336M386.4M405.7M
Accumulated Other Comprehensive Income(239.6M)(140M)(288M)(1.4B)(1.2B)(1.1B)
Common Stock194.7M347M333M336M349M176.3M
Other Liab647.2M1.7B1.6B1.2B1.0B1.2B
Accounts Payable49.5M70.0B74.9B63.5B73.0B76.7B
Long Term Debt1.4B2.0B1.6B1.6B1.2B1.8B
Good Will1.4B1.4B1.4B1.5B1.5B1.6B
Short Term Investments4.4B8.0B8.7B10.0B8.4B8.8B
Inventory(3.2B)20M10M11M9.9M9.4M
Intangible Assets130.2M354M298M234M186M176.7M
Property Plant Equipment472.8M759M665M612M703.8M454.6M
Net Tangible Assets3.1B5.7B5.9B5.5B6.3B3.5B
Retained Earnings Total Equity1.8B2.3B2.9B3.4B3.9B4.1B
Long Term Debt Total1.4B2.0B1.6B1.9B1.7B1.7B
Capital Surpluse2.9B5.1B4.7B4.8B5.6B3.0B

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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:
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.