| FBMS Stock | | | USD 37.89 4.31 12.84% |
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, Net Income and its Free Cash Flow 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.
Net Income vs Free Cash Flow
Net Income vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Bancshares, Net Income account and
Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between First Bancshares,'s Net Income and Free Cash Flow is 0.97. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow 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 Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of The First Bancshares, are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., First Bancshares,'s Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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 Over EBITDA is likely to gain to 119.32 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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Additional Tools for First Stock Analysis
When running First Bancshares,'s price analysis, check to
measure First Bancshares,'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 Bancshares, is operating at the current time. Most of First Bancshares,'s value examination focuses on studying past and present price action to
predict the probability of First Bancshares,'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 Bancshares,'s price. Additionally, you may evaluate how the addition of First Bancshares, to your portfolios can decrease your overall portfolio volatility.