The First Bancshares, Stock Working Capital

FBMS Stock

USD 34.54 0.61 1.80%

The First Bancshares, fundamentals help investors to digest information that contributes to First Bancshares,'s financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Bancshares,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Bancshares, stock.

		Last Reported	Projected for Next Year
	Change In Working Capital	-5.5 M	-5.2 M

Change In Working Capital is likely to gain to about (5.2 M) in 2024.

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The First Bancshares, Company Working Capital Analysis

First Bancshares,'s Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

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First Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for First Bancshares, is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Working Capital. Since First Bancshares,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Bancshares,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Bancshares,'s interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Term Debt	Long Term Debt	Short Term Investments	Treasury Stock	Property Plant Equipment	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Earning Assets	Current Deferred Revenue	Net Invested Capital	Capital Stock
Total Assets		0.99	-0.5	0.99	0.99	1.0	0.39	0.99	0.78	-0.31	0.61	-0.2	-0.92	1.0	0.98	0.77	0.97	0.67	0.99	0.6	0.87	0.84	0.27	0.53	0.92
Total Stockholder Equity	0.99		-0.5	0.97	0.99	0.99	0.38	0.99	0.79	-0.25	0.63	-0.22	-0.88	0.99	0.99	0.78	0.98	0.72	0.99	0.64	0.87	0.85	0.21	0.6	0.91
Net Debt	-0.5	-0.5		-0.47	-0.5	-0.5	-0.54	-0.43	-0.26	0.46	-0.15	-0.16	0.34	-0.46	-0.43	-0.28	-0.53	-0.31	-0.44	-0.31	-0.45	-0.45	-0.39	-0.06	-0.41
Retained Earnings	0.99	0.97	-0.47		0.98	0.99	0.31	0.97	0.81	-0.34	0.55	-0.25	-0.96	0.98	0.97	0.8	0.94	0.59	0.97	0.53	0.85	0.79	0.3	0.48	0.94
Net Receivables	0.99	0.99	-0.5	0.98		0.99	0.36	0.98	0.76	-0.34	0.63	-0.18	-0.92	0.99	0.97	0.75	0.97	0.69	0.98	0.65	0.88	0.84	0.3	0.57	0.93
Total Liab	1.0	0.99	-0.5	0.99	0.99		0.39	0.99	0.77	-0.31	0.6	-0.19	-0.92	1.0	0.98	0.76	0.97	0.66	0.99	0.6	0.87	0.83	0.28	0.52	0.92
Total Current Assets	0.39	0.38	-0.54	0.31	0.36	0.39		0.39	-0.13	-0.2	0.44	0.6	-0.18	0.39	0.28	-0.13	0.49	0.39	0.4	0.32	0.19	0.55	0.28	-0.11	0.16
Common Stock	0.99	0.99	-0.43	0.97	0.98	0.99	0.39		0.78	-0.24	0.64	-0.22	-0.89	0.99	0.98	0.77	0.98	0.69	0.99	0.61	0.83	0.84	0.21	0.58	0.9
Accounts Payable	0.78	0.79	-0.26	0.81	0.76	0.77	-0.13	0.78		-0.29	0.12	-0.76	-0.75	0.76	0.82	1.0	0.66	0.28	0.74	0.21	0.66	0.43	0.26	0.61	0.8
Short Term Debt	-0.31	-0.25	0.46	-0.34	-0.34	-0.31	-0.2	-0.24	-0.29		0.17	0.14	0.4	-0.26	-0.24	-0.3	-0.22	0.16	-0.25	0.14	-0.12	-0.11	-0.92	0.1	-0.32
Long Term Debt	0.61	0.63	-0.15	0.55	0.63	0.6	0.44	0.64	0.12	0.17		0.4	-0.52	0.65	0.61	0.1	0.74	0.89	0.7	0.85	0.6	0.84	-0.27	0.46	0.54
Short Term Investments	-0.2	-0.22	-0.16	-0.25	-0.18	-0.19	0.6	-0.22	-0.76	0.14	0.4		0.24	-0.17	-0.28	-0.77	-0.04	0.23	-0.15	0.27	-0.13	0.17	-0.14	-0.45	-0.31
Treasury Stock	-0.92	-0.88	0.34	-0.96	-0.92	-0.92	-0.18	-0.89	-0.75	0.4	-0.52	0.24		-0.92	-0.89	-0.74	-0.84	-0.49	-0.9	-0.45	-0.81	-0.71	-0.35	-0.38	-0.94
Property Plant Equipment	1.0	0.99	-0.46	0.98	0.99	1.0	0.39	0.99	0.76	-0.26	0.65	-0.17	-0.92		0.98	0.75	0.98	0.71	0.99	0.64	0.88	0.86	0.23	0.55	0.92
Good Will	0.98	0.99	-0.43	0.97	0.97	0.98	0.28	0.98	0.82	-0.24	0.61	-0.28	-0.89	0.98		0.81	0.95	0.72	0.98	0.63	0.89	0.83	0.18	0.64	0.92
Intangible Assets	0.77	0.78	-0.28	0.8	0.75	0.76	-0.13	0.77	1.0	-0.3	0.1	-0.77	-0.74	0.75	0.81		0.65	0.27	0.73	0.2	0.65	0.42	0.27	0.61	0.79
Net Tangible Assets	0.97	0.98	-0.53	0.94	0.97	0.97	0.49	0.98	0.66	-0.22	0.74	-0.04	-0.84	0.98	0.95	0.65		0.78	0.99	0.72	0.85	0.9	0.17	0.56	0.87
Long Term Debt Total	0.67	0.72	-0.31	0.59	0.69	0.66	0.39	0.69	0.28	0.16	0.89	0.23	-0.49	0.71	0.72	0.27	0.78		0.74	0.94	0.75	0.9	-0.25	0.69	0.62
Capital Surpluse	0.99	0.99	-0.44	0.97	0.98	0.99	0.4	0.99	0.74	-0.25	0.7	-0.15	-0.9	0.99	0.98	0.73	0.99	0.74		0.66	0.86	0.88	0.19	0.57	0.91
Long Term Investments	0.6	0.64	-0.31	0.53	0.65	0.6	0.32	0.61	0.21	0.14	0.85	0.27	-0.45	0.64	0.63	0.2	0.72	0.94	0.66		0.72	0.79	-0.21	0.65	0.55
Short Long Term Debt	0.87	0.87	-0.45	0.85	0.88	0.87	0.19	0.83	0.66	-0.12	0.6	-0.13	-0.81	0.88	0.89	0.65	0.85	0.75	0.86	0.72		0.79	0.05	0.56	0.84
Earning Assets	0.84	0.85	-0.45	0.79	0.84	0.83	0.55	0.84	0.43	-0.11	0.84	0.17	-0.71	0.86	0.83	0.42	0.9	0.9	0.88	0.79	0.79		0.03	0.59	0.81
Current Deferred Revenue	0.27	0.21	-0.39	0.3	0.3	0.28	0.28	0.21	0.26	-0.92	-0.27	-0.14	-0.35	0.23	0.18	0.27	0.17	-0.25	0.19	-0.21	0.05	0.03		-0.16	0.26
Net Invested Capital	0.53	0.6	-0.06	0.48	0.57	0.52	-0.11	0.58	0.61	0.1	0.46	-0.45	-0.38	0.55	0.64	0.61	0.56	0.69	0.57	0.65	0.56	0.59	-0.16		0.61
Capital Stock	0.92	0.91	-0.41	0.94	0.93	0.92	0.16	0.9	0.8	-0.32	0.54	-0.31	-0.94	0.92	0.92	0.79	0.87	0.62	0.91	0.55	0.84	0.81	0.26	0.61

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

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Predict First Bancshares,

Working Capital Over Time

First Capital Surpluse

Capital Surpluse

674.79 Million

At this time, First Bancshares,'s Capital Surpluse is comparatively stable compared to the past year.

According to the company's disclosures, The First Bancshares, has a Working Capital of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.

First Bancshares, Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Bancshares, from analyzing First Bancshares,'s financial statements. These drivers represent accounts that assess First Bancshares,'s ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Bancshares,'s important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	609.3M	643.4M	817.9M	709.2M	920.2M	966.2M
Enterprise Value	735.5M	340.1M	42.9M	848.7M	705.0M	740.3M

First Bancshares, ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Bancshares,'s sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Bancshares,'s managers, analysts, and investors.

Environmental

Governance

Social

First Fundamentals

	Return On Equity	0.0733
	Return On Asset	0.0088
	Profit Margin	0.26 %
	Operating Margin	0.38 %
	Current Valuation	1.2 B
	Shares Outstanding	31.2 M
	Shares Owned By Insiders	6.31 %
	Shares Owned By Institutions	72.75 %
	Number Of Shares Shorted	337.44 K
	Price To Earning	12.01 X
	Price To Book	1.07 X
	Price To Sales	4.01 X
	Revenue	290.17 M
	Gross Profit	207.26 M
	EBITDA	9.56 M
	Net Income	75.46 M
	Cash And Equivalents	356.77 M
	Cash Per Share	14.85 X
	Total Debt	139.96 M
	Debt To Equity	10.07 %
	Book Value Per Share	32.42 X
	Cash Flow From Operations	108.51 M
	Short Ratio	3.65 X
	Earnings Per Share	2.21 X
	Target Price	37.5
	Number Of Employees	1.08 K
	Beta	0.91
	Market Capitalization	1.08 B
	Total Asset	8.03 B
	Retained Earnings	300.15 M
	Annual Yield	0.03 %
	Five Year Return	1.17 %
	Net Asset	8.03 B
	Last Dividend Paid	1.0

About First Bancshares, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The First Bancshares,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Bancshares, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The First Bancshares, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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

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