First Non Operating Income Net Other vs Net Income Analysis

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, Non Operating Income Net Other 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.

Non Operating Income Net Other vs Net Income

Non Operating Income Net Other vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancshares, Non Operating Income Net Other account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Bancshares,'s Non Operating Income Net Other and Net Income is -0.62. Overlapping area represents the amount of variation of Non Operating Income Net Other 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 Non Operating Income Net Other 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 Non Operating Income Net Other 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 Non Operating Income Net Other i.e., First Bancshares,'s Non Operating Income Net Other and Net Income go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Non Operating Income Net Other

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 Over EBITDA is likely to gain to 119.32 in 2024, whereas Tax Provision is likely to drop slightly above 12 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit194.3M207.3M381.4M400.5M
Total Revenue194.3M207.3M381.4M400.5M

First Bancshares, fundamental ratios Correlations

0.850.991.0-0.10.990.70.860.490.810.260.990.990.990.720.991.00.990.320.990.70.70.780.590.810.61
0.850.880.870.270.820.390.810.480.75-0.040.830.870.890.880.90.840.890.030.880.730.730.80.810.60.61
0.990.880.99-0.090.970.70.860.50.820.230.990.991.00.791.00.990.990.310.990.710.710.790.630.810.63
1.00.870.99-0.060.980.670.850.490.820.250.990.990.990.730.991.00.990.310.990.690.690.770.60.810.63
-0.10.27-0.09-0.06-0.04-0.770.190.060.09-0.8-0.1-0.07-0.050.03-0.01-0.10.02-0.65-0.030.320.320.30.46-0.45-0.14
0.990.820.970.98-0.040.640.890.480.770.190.980.960.980.660.970.990.990.240.970.740.740.810.620.750.55
0.70.390.70.67-0.770.640.440.30.440.690.690.670.670.530.640.690.620.640.650.260.260.310.120.840.46
0.860.810.860.850.190.890.440.460.68-0.230.850.810.880.710.880.860.92-0.090.860.960.960.990.850.540.22
0.490.480.50.490.060.480.30.460.40.020.470.520.520.470.510.490.50.180.530.410.410.440.420.190.3
0.810.750.820.820.090.770.440.680.40.120.810.830.820.550.840.810.810.360.830.550.550.630.420.690.54
0.26-0.040.230.25-0.80.190.69-0.230.020.120.260.280.190.00.170.260.110.810.21-0.46-0.46-0.38-0.50.550.58
0.990.830.990.99-0.10.980.690.850.470.810.260.980.990.720.980.990.980.30.980.680.680.760.560.830.63
0.990.870.990.99-0.070.960.670.810.520.830.280.980.990.740.990.980.970.381.00.640.640.730.570.790.69
0.990.891.00.99-0.050.980.670.880.520.820.190.990.990.781.00.990.990.291.00.730.740.810.650.790.6
0.720.880.790.730.030.660.530.710.470.550.00.720.740.780.770.710.760.070.760.670.670.710.780.610.47
0.990.91.00.99-0.010.970.640.880.510.840.170.980.991.00.770.990.990.260.990.740.740.810.650.770.62
1.00.840.991.0-0.10.990.690.860.490.810.260.990.980.990.710.990.990.320.990.70.70.780.590.810.6
0.990.890.990.990.020.990.620.920.50.810.110.980.970.990.760.990.990.210.980.790.790.860.70.760.54
0.320.030.310.31-0.650.240.64-0.090.180.360.810.30.380.290.070.260.320.210.32-0.29-0.28-0.21-0.360.490.42
0.990.880.990.99-0.030.970.650.860.530.830.210.981.01.00.760.990.990.980.320.70.70.780.630.770.64
0.70.730.710.690.320.740.260.960.410.55-0.460.680.640.730.670.740.70.79-0.290.71.00.990.910.350.01
0.70.730.710.690.320.740.260.960.410.55-0.460.680.640.740.670.740.70.79-0.280.71.00.990.910.350.01
0.780.80.790.770.30.810.310.990.440.63-0.380.760.730.810.710.810.780.86-0.210.780.990.990.90.440.12
0.590.810.630.60.460.620.120.850.420.42-0.50.560.570.650.780.650.590.7-0.360.630.910.910.90.220.08
0.810.60.810.81-0.450.750.840.540.190.690.550.830.790.790.610.770.810.760.490.770.350.350.440.220.62
0.610.610.630.63-0.140.550.460.220.30.540.580.630.690.60.470.620.60.540.420.640.010.010.120.080.62
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First Bancshares, Account Relationship Matchups

First Bancshares, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B5.2B6.1B6.5B8.0B8.4B
Short Long Term Debt Total509.3M267.6M151.0M284.9M521.7M547.8M
Total Stockholder Equity543.7M644.8M676.2M646.7M949.0M996.5M
Property Plant And Equipment Net105.0M123.5M132.4M153.1M182.2M191.3M
Net Debt126.1M(303.3M)(775.0M)139.5M166.5M174.9M
Retained Earnings110.5M154.2M206.2M252.6M300.2M315.2M
Cash168.9M562.6M919.7M145.3M355.1M372.9M
Non Current Assets Total1.1B1.4B2.1B2.3B7.6B8.0B
Non Currrent Assets Other(16.1M)(20.5M)(17.6M)(128.4M)6.9B7.2B
Other Assets1.9B2.2B1.3B2.7B3.1B3.3B
Cash And Short Term Investments934.0M1.6B2.7B1.4B(355.1M)(337.4M)
Net Receivables14.8M26.3M23.3M27.7M33.3M35.0M
Common Stock Total Equity19.0M21.6M21.7M25.3M29.1M30.5M
Common Stock Shares Outstanding17.2M20.8M21.2M22.2M31.6M33.1M
Liabilities And Stockholders Equity3.9B5.2B6.1B6.5B8.0B8.4B
Non Current Liabilities Total295.0M259.2M144.7M13.1M309.6M325.1M
Other Stockholder Equity404.1M443.2M440.3M517.7M734.1M770.8M
Total Liab3.4B4.5B5.4B5.8B7.1B7.4B
Property Plant And Equipment Gross105.0M123.5M132.4M153.1M225.9M237.2M
Total Current Assets948.8M1.6B2.7B1.4B396.8M659.0M
Accumulated Other Comprehensive Income10.1M25.8M8.0M(149.0M)(117.6M)(111.7M)
Common Stock19.0M21.6M21.7M25.3M32.3M34.0M
Other Current Liab(2.5M)(10.4M)(8.0M)(13.1M)6.4B6.7B
Total Current Liabilities2.5M10.4M8.0M13.1M6.8B7.1B
Accounts Payable2.5M2.1M1.7M3.3M22.7M23.8M
Short Term Debt214.3M8.3M6.3M9.7M391.4M410.9M
Other Liab17.6M33.4M29.7M19.6M22.6M23.7M
Long Term Debt295.0M259.2M144.7M275.1M123.4M88.1M
Short Term Investments765.1M1.0B1.8B1.3B1.0B1.1B
Inventory(191.0M)(594.7M)(945.5M)(177.9M)321.8M337.9M
Treasury Stock(5.7M)(13.8M)(18.9M)(41.1M)(37.0M)(35.1M)
Property Plant Equipment105.0M123.5M132.4M153.1M176.0M184.8M
Good Will158.6M156.9M156.7M180.3M272.5M286.1M
Other Current Assets191.0M594.7M945.5M177.9M396.8M565.8M
Intangible Assets30.3M30.8M29.5M34.6M341.3M358.4M
Net Tangible Assets385.1M487.9M490.0M466.4M536.4M563.2M
Retained Earnings Total Equity110.5M154.2M206.2M252.6M290.5M305.0M
Long Term Debt Total295.0M259.2M144.7M145.0M166.8M91.4M
Capital Surpluse409.8M456.9M459.2M558.8M642.7M674.8M

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