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 Receivables and its Cash And Short Term Investments 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 Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Bancshares, Net Receivables account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between First Bancshares,'s Net Receivables and Cash And Short Term Investments is 0.26. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments 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 Receivables and Cash And Short Term Investments 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 Receivables of The First Bancshares, are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., First Bancshares,'s Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of First Bancshares, balance sheet. This account contains First Bancshares, investments that will expire within one year. These investments include stocks and bonds that can be liquidated by The First Bancshares, fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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
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