First Other Operating Expenses vs Reconciled Depreciation Analysis

002797 Stock   9.02  0.14  1.53%   
First Capital financial indicator trend analysis is much more than just examining First Capital Securities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Capital Securities is a good investment. Please check the relationship between First Capital Other Operating Expenses and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Capital Securities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Other Operating Expenses vs Reconciled Depreciation

Other Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Capital Securities Other Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Capital's Other Operating Expenses and Reconciled Depreciation is -0.51. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of First Capital Securities, assuming nothing else is changed. The correlation between historical values of First Capital's Other Operating Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of First Capital Securities are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Other Operating Expenses i.e., First Capital's Other Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Capital Securities. It is also known as First Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Reconciled Depreciation

Most indicators from First Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Capital Securities 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in First Capital Securities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade First Stock refer to our How to Trade First Stock guide.As of December 22, 2024, Selling General Administrative is expected to decline to about 1.7 B. The current year's Tax Provision is expected to grow to about (22.2 M)
 2023 2024 (projected)
Operating Income790.5M606.3M
Total Revenue2.3B1.9B

First Capital fundamental ratios Correlations

-0.610.190.940.35-0.090.890.320.730.750.140.450.730.220.730.990.680.60.89-0.29-0.050.510.850.590.840.5
-0.610.24-0.67-0.240.63-0.530.24-0.91-0.38-0.320.3-0.910.25-0.35-0.56-0.88-0.41-0.660.470.19-0.27-0.32-0.03-0.450.14
0.190.240.250.710.860.50.01-0.330.730.680.54-0.331.00.010.17-0.450.660.21-0.26-0.260.730.140.850.460.77
0.94-0.670.250.49-0.10.880.090.730.770.310.260.730.260.740.870.650.70.95-0.48-0.230.590.660.570.820.45
0.35-0.240.710.490.440.59-0.320.050.750.70.220.050.70.050.28-0.060.920.42-0.4-0.40.950.080.650.450.4
-0.090.630.86-0.10.440.180.12-0.680.410.310.61-0.680.87-0.13-0.08-0.750.3-0.11-0.03-0.030.450.020.70.230.7
0.89-0.530.50.880.590.180.20.590.930.390.510.590.520.620.870.50.790.84-0.48-0.10.730.730.820.950.71
0.320.240.010.09-0.320.120.20.020.02-0.380.720.020.040.450.40.05-0.220.030.360.18-0.150.680.180.170.31
0.73-0.91-0.330.730.05-0.680.590.020.360.03-0.151.0-0.320.560.710.990.330.73-0.34-0.020.160.510.050.54-0.02
0.75-0.380.730.770.750.410.930.020.360.560.480.360.730.450.710.240.880.76-0.5-0.120.850.530.910.880.76
0.14-0.320.680.310.70.310.39-0.380.030.56-0.010.030.64-0.130.06-0.090.640.23-0.47-0.610.64-0.090.460.280.29
0.450.30.540.260.220.610.510.72-0.150.48-0.01-0.150.580.410.51-0.190.290.170.260.160.370.680.680.480.72
0.73-0.91-0.330.730.05-0.680.590.021.00.360.03-0.15-0.320.560.710.990.330.73-0.34-0.020.160.510.050.54-0.02
0.220.251.00.260.70.870.520.04-0.320.730.640.58-0.320.030.19-0.440.650.22-0.25-0.240.730.170.870.490.8
0.73-0.350.010.740.05-0.130.620.450.560.45-0.130.410.560.030.70.540.240.68-0.160.110.190.660.370.660.4
0.99-0.560.170.870.28-0.080.870.40.710.710.060.510.710.190.70.660.530.84-0.20.030.460.90.580.820.5
0.68-0.88-0.450.65-0.06-0.750.50.050.990.24-0.09-0.190.99-0.440.540.660.210.66-0.280.040.050.49-0.060.46-0.11
0.6-0.410.660.70.920.30.79-0.220.330.880.640.290.330.650.240.530.210.63-0.41-0.320.920.310.730.650.5
0.89-0.660.210.950.42-0.110.840.030.730.760.230.170.730.220.680.840.660.63-0.56-0.040.520.590.560.810.46
-0.290.47-0.26-0.48-0.4-0.03-0.480.36-0.34-0.5-0.470.26-0.34-0.25-0.16-0.2-0.28-0.41-0.560.23-0.37-0.1-0.38-0.54-0.31
-0.050.19-0.26-0.23-0.4-0.03-0.10.18-0.02-0.12-0.610.16-0.02-0.240.110.030.04-0.32-0.040.23-0.320.1-0.050.030.1
0.51-0.270.730.590.950.450.73-0.150.160.850.640.370.160.730.190.460.050.920.52-0.37-0.320.270.770.610.55
0.85-0.320.140.660.080.020.730.680.510.53-0.090.680.510.170.660.90.490.310.59-0.10.10.270.520.720.53
0.59-0.030.850.570.650.70.820.180.050.910.460.680.050.870.370.58-0.060.730.56-0.38-0.050.770.520.830.92
0.84-0.450.460.820.450.230.950.170.540.880.280.480.540.490.660.820.460.650.81-0.540.030.610.720.830.77
0.50.140.770.450.40.70.710.31-0.020.760.290.72-0.020.80.40.5-0.110.50.46-0.310.10.550.530.920.77
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First Capital Account Relationship Matchups

First Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.6B40.6B43.1B47.8B45.3B24.9B
Other Current Liab(9.7B)(9.2B)(11.0B)(13.5B)(156.2M)(164.0M)
Total Current Liabilities38.8M266.0M20.7M21.9M13.9B14.5B
Total Stockholder Equity9.0B13.9B14.4B14.6B14.8B7.5B
Property Plant And Equipment Net158.2M179.9M457.7M585.6M624.0M655.2M
Net Debt(5.4B)(9.8B)(11.9B)(8.6B)17.8B18.7B
Retained Earnings1.6B2.1B2.4B2.5B2.5B2.6B
Accounts Payable38.8M266.0M20.7M21.9M143.0M113.5M
Cash13.0B16.3B18.9B17.1B2.3B2.2B
Non Current Assets Total17.8B18.1B20.2B25.6B31.5B33.1B
Non Currrent Assets Other(380.1M)(396.8M)(509.5M)(630.7M)7.9B8.3B
Other Assets4.4B5.9B3.7B4.8B13.8B14.5B
Cash And Short Term Investments13.0B16.3B18.9B17.1B2.3B2.2B
Net Receivables329.9M269.4M286.4M276.1M7.5B7.9B
Liabilities And Stockholders Equity35.6B40.6B43.1B47.8B45.3B24.9B
Other Stockholder Equity2.6B6.1B3.6B3.6B3.6B2.7B
Total Liab26.1B26.2B28.2B32.5B29.9B17.1B
Total Current Assets13.3B16.6B19.2B17.4B(1.0)(0.95)
Intangible Assets282.3M299.2M907.8M924.5M936.8M983.6M
Other Liab397.4M213.4M397.5M863.4M777.0M738.2M
Property Plant Equipment158.2M179.9M457.7M585.6M673.5M707.2M
Short Long Term Debt Total7.6B6.5B7.0B8.5B20.1B21.1B
Non Current Liabilities Total7.6B6.5B7.0B21.9M16.0B16.8B
Net Tangible Assets8.7B13.6B13.5B13.7B15.7B11.1B
Other Current Assets(7.0B)(9.1B)(11.3B)(10.8B)(9.9B)(9.4B)
Deferred Long Term Liab38.7M28.8M29.1M59.0M67.8M41.0M
Long Term Investments17.4B17.6B18.8B24.1B23.3B17.7B
Short Term Debt9.7B9.1B11.0B13.4B13.9B7.3B
Net Invested Capital16.6B20.4B20.6B23.0B24.4B22.3B

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Other Information on Investing in First Stock

Balance Sheet is a snapshot of the financial position of First Capital Securities at a specified time, usually calculated after every quarter, six months, or one year. First Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.