First Capital Expenditures vs Depreciation Analysis

FCBC Stock  USD 46.17  0.47  1.01%   
First Community financial indicator trend analysis is much more than just examining First Community Banc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Community Banc is a good investment. Please check the relationship between First Community Capital Expenditures and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community 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 bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Community Banc Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between First Community's Capital Expenditures and Depreciation is 0.14. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of First Community Bancshares, assuming nothing else is changed. The correlation between historical values of First Community's Capital Expenditures and 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 Capital Expenditures of First Community Bancshares are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., First Community's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by First Community Banc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of First Community operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of First Community Banc value has been used up. For tax purposes First Community can deduct the cost of the tangible assets it purchases as business expenses. However, First Community Bancshares must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from First Community's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Community Banc 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 First Community 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 bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Community's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.81, whereas Selling General Administrative is forecasted to decline to about 35 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.8M1.7M9.5M9.0M
Depreciation And Amortization5.9M5.6M5.7M6.0M

First Community fundamental ratios Correlations

-0.210.050.970.75-0.470.670.490.69-0.440.710.54-0.530.670.17-0.150.710.170.7-0.21-0.1-0.540.05-0.170.890.95
-0.21-0.09-0.280.310.69-0.73-0.49-0.63-0.4-0.01-0.380.480.5-0.260.730.370.29-0.410.10.880.48-0.120.42-0.5-0.12
0.05-0.090.09-0.010.170.39-0.20.35-0.46-0.330.29-0.320.040.94-0.130.10.20.52-0.1-0.09-0.331.00.470.020.04
0.97-0.280.090.71-0.450.660.440.73-0.290.580.51-0.50.60.19-0.250.70.220.61-0.32-0.19-0.520.09-0.130.930.94
0.750.31-0.010.71-0.060.20.180.27-0.460.610.02-0.270.890.020.240.970.30.3-0.230.35-0.27-0.020.10.590.79
-0.470.690.17-0.45-0.06-0.55-0.97-0.37-0.28-0.5-0.380.490.14-0.060.420.040.67-0.41-0.260.620.490.170.26-0.61-0.32
0.67-0.730.390.660.2-0.550.430.88-0.20.270.55-0.70.090.54-0.660.140.050.86-0.33-0.62-0.70.42-0.310.720.63
0.49-0.49-0.20.440.18-0.970.430.240.160.610.32-0.450.010.02-0.240.08-0.710.380.36-0.44-0.45-0.21-0.160.560.34
0.69-0.630.350.730.27-0.370.880.24-0.180.230.58-0.760.130.45-0.580.220.30.77-0.34-0.53-0.770.37-0.20.760.61
-0.44-0.4-0.46-0.29-0.46-0.28-0.20.16-0.18-0.31-0.40.11-0.66-0.38-0.41-0.52-0.37-0.54-0.03-0.420.11-0.45-0.23-0.09-0.42
0.71-0.01-0.330.580.61-0.50.270.610.23-0.310.34-0.20.54-0.170.210.52-0.20.410.330.06-0.2-0.32-0.40.590.57
0.54-0.380.290.510.02-0.380.550.320.58-0.40.34-0.330.110.4-0.20.04-0.080.590.2-0.29-0.350.31-0.120.470.36
-0.530.48-0.32-0.5-0.270.49-0.7-0.45-0.760.11-0.2-0.33-0.16-0.490.4-0.160.08-0.650.150.411.0-0.31-0.14-0.52-0.44
0.670.50.040.60.890.140.090.010.13-0.660.540.11-0.160.060.40.890.350.28-0.260.52-0.160.030.140.360.75
0.17-0.260.940.190.02-0.060.540.020.45-0.38-0.170.4-0.490.06-0.250.080.00.59-0.08-0.24-0.490.940.320.160.13
-0.150.73-0.13-0.250.240.42-0.66-0.24-0.58-0.410.21-0.20.40.4-0.250.310.02-0.320.450.820.4-0.160.36-0.4-0.18
0.710.370.10.70.970.040.140.080.22-0.520.520.04-0.160.890.080.310.360.27-0.250.41-0.170.080.180.550.76
0.170.290.20.220.30.670.05-0.710.3-0.37-0.2-0.080.080.350.00.020.360.15-0.590.290.070.220.010.060.3
0.7-0.410.520.610.3-0.410.860.380.77-0.540.410.59-0.650.280.59-0.320.270.15-0.07-0.31-0.650.53-0.110.60.6
-0.210.1-0.1-0.32-0.23-0.26-0.330.36-0.34-0.030.330.20.15-0.26-0.080.45-0.25-0.59-0.070.090.15-0.110.11-0.22-0.48
-0.10.88-0.09-0.190.350.62-0.62-0.44-0.53-0.420.06-0.290.410.52-0.240.820.410.29-0.310.090.42-0.120.32-0.38-0.03
-0.540.48-0.33-0.52-0.270.49-0.7-0.45-0.770.11-0.2-0.351.0-0.16-0.490.4-0.170.07-0.650.150.42-0.31-0.14-0.53-0.45
0.05-0.121.00.09-0.020.170.42-0.210.37-0.45-0.320.31-0.310.030.94-0.160.080.220.53-0.11-0.12-0.310.40.030.04
-0.170.420.47-0.130.10.26-0.31-0.16-0.2-0.23-0.4-0.12-0.140.140.320.360.180.01-0.110.110.32-0.140.4-0.3-0.17
0.89-0.50.020.930.59-0.610.720.560.76-0.090.590.47-0.520.360.16-0.40.550.060.6-0.22-0.38-0.530.03-0.30.82
0.95-0.120.040.940.79-0.320.630.340.61-0.420.570.36-0.440.750.13-0.180.760.30.6-0.48-0.03-0.450.04-0.170.82
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First Community Account Relationship Matchups

First Community fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.0B3.2B3.1B3.3B2.3B
Short Long Term Debt Total40K1.9M2.3M2.5M1.7M1.7M
Total Current Liabilities38.5M37.2M35.8M32.9M2.1B2.2B
Total Stockholder Equity428.8M426.7M427.8M422.0M503.3M292.4M
Property Plant And Equipment Net62.8M57.7M52.3M47.3M51.3M47.4M
Net Debt(217.0M)(454.7M)(675.1M)(168.3M)(79.1M)(75.2M)
Retained Earnings219.5M237.6M264.8M293.0M319.9M335.9M
Cash217.0M456.6M677.4M170.8M77.6M120.6M
Non Current Assets Total370.5M277.7M263.8M481.4M491.3M350.7M
Non Currrent Assets Other(22.2M)(277.7M)(263.8M)(481.4M)(491.3M)(515.9M)
Cash And Short Term Investments386.6M539.9M753.7M365.6M358.5M229.0M
Net Receivables5.1M9.1M7.9M9.3M10.9M6.4M
Common Stock Total Equity18.4M17.7M16.9M16.2M18.7M16.6M
Common Stock Shares Outstanding15.8M17.8M17.4M16.6M18.0M16.1M
Liabilities And Stockholders Equity2.8B3.0B3.2B3.1B3.3B2.3B
Non Current Liabilities Total40K953.5M759.2M32.9M2.8B2.9B
Other Current Assets230.5M468.9M686.4M180.8M127.5M121.1M
Other Stockholder Equity192.4M173.3M147.6M128.5M175.8M133.7M
Total Liab2.4B37.2M35.8M2.7B2.8B1.8B
Property Plant And Equipment Gross62.8M57.7M109.0M107.0M113.9M119.6M
Total Current Assets391.7M549.0M761.6M374.8M369.4M353.2M
Accumulated Other Comprehensive Income(1.5M)(1.9M)(1.5M)(15.7M)(11.0M)(10.4M)
Short Term Debt1.8M1.1M1.7M2.0M1.3M1.2M
Common Stock18.4M17.7M16.9M16.2M18.5M16.8M
Other Current Liab(38.5M)(73.3M)(70.0M)(63.8M)2.1B2.2B
Accounts Payable38.5M37.2M35.8M32.9M29.6M28.1M
Other Liab37.0M35.7M33.5M32.1M36.9M25.7M
Other Assets2.0B2.2B2.2B2.3B2.4B1.8B
Short Term Investments169.6M83.4M76.3M300.3M281.0M175.2M
Inventory(230.5M)(468.9M)(686.4M)(180.8M)105.5M110.8M
Intangible Assets8.5M7.1M5.6M4.2M15.1M21.4M
Property Plant Equipment62.8M57.7M52.3M47.3M54.4M51.4M
Net Tangible Assets290.7M290.1M292.6M288.2M331.5M273.4M
Retained Earnings Total Equity219.5M237.6M264.8M293.0M336.9M187.9M
Capital Surpluse192.4M173.3M147.6M128.5M115.7M150.3M

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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.
When determining whether First Community Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Community'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 Community Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Bancshares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community 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 bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 Community. 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 Community 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
(0.09)
Dividend Share
1.2
Earnings Share
2.74
Revenue Per Share
8.864
Quarterly Revenue Growth
(0.03)
The market value of First Community Banc 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 Community's value that differs from its market value or its book value, called intrinsic value, which is First Community'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 Community's market value can be influenced by many factors that don't directly affect First Community'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 Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community'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.