FBMS Stock | | | USD 35.93 1.04 2.81% |
First Bancshares, financial indicator trend analysis is much more than just examining First Bancshares, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancshares, is a good investment. Please check the relationship between First Bancshares, Other Non Cash Items and its Net Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The First Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Bancshares, Other Non Cash Items account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Bancshares,'s Other Non Cash Items and Net Income is 0.72. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of The First Bancshares,, assuming nothing else is changed. The correlation between historical values of First Bancshares,'s Other Non Cash Items and Net Income 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 Non Cash Items of The First Bancshares, are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., First Bancshares,'s Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in First Bancshares, financial statement analysis. It represents the amount of money remaining after all of The First Bancshares, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from First Bancshares,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bancshares, 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 The First Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, First Bancshares,'s
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 740.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 12
M in 2024.
First Bancshares, fundamental ratios Correlations
Click cells to compare fundamentals
First Bancshares, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Bancshares, fundamental ratios Accounts
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