First Net Income From Continuing Ops vs Interest Expense 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 Net Income From Continuing Ops and its Interest Expense 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.

Net Income From Continuing Ops vs Interest Expense

Net Income From Continuing Ops vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Horizon National Net Income From Continuing Ops account and Interest Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Horizon's Net Income From Continuing Ops and Interest Expense is 0.62. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Expense 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 Net Income From Continuing Ops and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of First Horizon National are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income From Continuing Ops i.e., First Horizon's Net Income From Continuing Ops and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 Expenses1.8B1.8B3.9B4.1B
Interest Expense176M304M212M278.9M

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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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.
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running First Horizon's price analysis, check to measure First Horizon'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 Horizon is operating at the current time. Most of First Horizon's value examination focuses on studying past and present price action to predict the probability of First Horizon'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 Horizon's price. Additionally, you may evaluate how the addition of First Horizon to your portfolios can decrease your overall portfolio volatility.
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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.