First Horizon Preferred Stock Current Ratio
| FHN-PB Preferred Stock | USD 25.37 0.01 0.04% |
First Horizon fundamentals help investors to digest information that contributes to First Horizon's financial success or failures. It also enables traders to predict the movement of First Preferred Stock. The fundamental analysis module provides a way to measure First Horizon'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 Horizon preferred stock.
First |
First Horizon Company Current Ratio Analysis
First Horizon's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, First Horizon has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current ratio for all United States preferred stocks is 100.0% higher than that of the company.
First Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Horizon's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of First Horizon could also be used in its relative valuation, which is a method of valuing First Horizon by comparing valuation metrics of similar companies.First Horizon is currently under evaluation in current ratio category among its peers.
First Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0132 | ||||
| Profit Margin | 0.34 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 14.4 B | ||||
| Number Of Shares Shorted | 502 | ||||
| Revenue | 3.21 B | ||||
| Gross Profit | 3.11 B | ||||
| EBITDA | 1.5 B | ||||
| Net Income | 912 M | ||||
| Cash And Equivalents | 5.87 B | ||||
| Cash Per Share | 18.80 X | ||||
| Total Debt | 4.1 B | ||||
| Book Value Per Share | 14.58 X | ||||
| Cash Flow From Operations | 2.31 B | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | 1.68 X | ||||
| Number Of Employees | 7.3 K | ||||
| Beta | 0.95 | ||||
| Total Asset | 78.95 B | ||||
| Retained Earnings | 3.43 B | ||||
| Z Score | 0.16 | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 78.95 B | ||||
| Last Dividend Paid | 0.6 |
About First Horizon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Horizon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Horizon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Horizon 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in First Preferred Stock
First Horizon financial ratios help investors to determine whether First Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Horizon security.