First Net Tangible Assets from 2010 to 2024

FHN Stock  USD 15.67  0.61  4.05%   
First Horizon Net Tangible Assets yearly trend continues to be very stable with very little volatility. Net Tangible Assets are likely to drop to about 3.5 B. Net Tangible Assets is the total assets of First Horizon National minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
6.4 B
Current Value
6.3 B
Quarterly Volatility
1.6 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Horizon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Interest Expense of 278.9 M, Other Operating Expenses of 4.1 B or Operating Income of 717 M, as well as many exotic indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.0358 or PTB Ratio of 0.82. First financial statements analysis is a perfect complement when working with First Horizon Valuation or Volatility modules.
  
This module can also supplement First Horizon's financial leverage analysis and stock options assessment as well as various First Horizon Technical models . Check out the analysis of First Horizon Correlation against competitors.

Latest First Horizon's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of First Horizon National over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. First Horizon's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Horizon's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

First Net Tangible Assets Regression Statistics

Arithmetic Mean3,319,125,282
Geometric Mean3,000,168,140
Coefficient Of Variation49.49
Mean Deviation1,365,298,242
Median2,618,191,000
Standard Deviation1,642,547,757
Sample Variance2697963.1T
Range4.4B
R-Value0.79
Mean Square Error1089141.5T
R-Squared0.63
Significance0.0004
Slope290,397,781
Total Sum of Squares37771483.9T

First Net Tangible Assets History

20243.5 B
20236.3 B
20225.5 B
20215.9 B
20205.7 B
20193.1 B
20182.8 B

About First Horizon Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Horizon income statement, its balance sheet, and the statement of cash flows. First Horizon investors use historical funamental indicators, such as First Horizon's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although First Horizon investors may use each financial statement separately, they are all related. The changes in First Horizon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Horizon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Horizon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Horizon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets6.3 B3.5 B

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When determining whether First Horizon National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Horizon'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 Horizon National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Horizon National Stock:
Check out the analysis of First Horizon Correlation against competitors.
Note that the First Horizon National information on this page should be used as a complementary analysis to other First Horizon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running First Horizon's price analysis, check to measure First Horizon'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 Horizon is operating at the current time. Most of First Horizon's value examination focuses on studying past and present price action to predict the probability of First Horizon'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 Horizon's price. Additionally, you may evaluate how the addition of First Horizon to your portfolios can decrease your overall portfolio volatility.
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Is First Horizon's industry 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 Horizon. 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 Horizon 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
(0.23)
Dividend Share
0.6
Earnings Share
1.44
Revenue Per Share
5.326
Quarterly Revenue Growth
(0.05)
The market value of First Horizon National 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 Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon'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 Horizon's market value can be influenced by many factors that don't directly affect First Horizon'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 Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon'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.