First Net Tangible Assets from 2010 to 2024
FMBH Stock | USD 42.01 0.17 0.40% |
Net Tangible Assets | First Reported 2011-06-30 | Previous Quarter 493.5 M | Current Value 482.4 M | Quarterly Volatility 161.3 M |
Check First Mid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Mid's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.6 M, Interest Expense of 112 M or Selling General Administrative of 116.9 M, as well as many indicators such as Price To Sales Ratio of 4.31, Dividend Yield of 0.017 or PTB Ratio of 1.42. First financial statements analysis is a perfect complement when working with First Mid Valuation or Volatility modules.
First | Net Tangible Assets |
Latest First Mid's Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of First Mid Illinois over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. First Mid's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Mid's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets | 10 Years Trend |
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Net Tangible Assets |
Timeline |
First Net Tangible Assets Regression Statistics
Arithmetic Mean | 260,027,047 | |
Geometric Mean | 199,977,729 | |
Coefficient Of Variation | 66.11 | |
Mean Deviation | 148,756,450 | |
Median | 237,135,000 | |
Standard Deviation | 171,912,928 | |
Sample Variance | 29554.1T | |
Range | 465.3M | |
R-Value | 0.89 | |
Mean Square Error | 6830.2T | |
R-Squared | 0.79 | |
Significance | 0.000011 | |
Slope | 34,067,365 | |
Total Sum of Squares | 413756.8T |
First Net Tangible Assets History
About First Mid Financial Statements
Investors use fundamental indicators, such as First Mid's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although First Mid's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last Reported | Projected for Next Year | ||
Net Tangible Assets | 532.7 M | 277.1 M |
Currently Active Assets on Macroaxis
When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid'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 Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:Check out the analysis of First Mid Correlation against competitors. 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 Mid. 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 Mid 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 0.191 | Dividend Share 0.93 | Earnings Share 3.24 | Revenue Per Share 13.247 | Quarterly Revenue Growth 0.173 |
The market value of First Mid Illinois 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 Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid'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 Mid's market value can be influenced by many factors that don't directly affect First Mid'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 Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid'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.