First Long Term Debt Total vs Accounts Payable Analysis

FCCO Stock  USD 25.01  0.02  0.08%   
First Community financial indicator trend analysis is much more than just examining First Community latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Community is a good investment. Please check the relationship between First Community Long Term Debt Total and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in First Stock, please use our How to Invest in First Community guide.

Long Term Debt Total vs Accounts Payable

Long Term Debt Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Community Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between First Community's Long Term Debt Total and Accounts Payable is -0.83. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of First Community, assuming nothing else is changed. The correlation between historical values of First Community's Long Term Debt Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of First Community are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt Total i.e., First Community's Long Term Debt Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt Total

Accounts Payable

An accounting item on the balance sheet that represents First Community obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Community are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in First Stock, please use our How to Invest in First Community guide.At this time, First Community's Selling General Administrative is very stable compared to the past year. As of the 13th of November 2024, Tax Provision is likely to grow to about 3.3 M, while Issuance Of Capital Stock is likely to drop about 343.5 K.
 2021 2022 2023 2024 (projected)
Interest Expense2.2M3.2M23.8M25.0M
Depreciation And Amortization1.9M1.8M158K150.1K

First Community fundamental ratios Correlations

0.580.770.670.480.9-0.220.80.560.010.140.650.660.360.671.00.98-0.040.630.741.00.250.70.690.57-0.58
0.580.060.040.950.55-0.840.890.870.11-0.520.170.120.160.090.60.51-0.490.10.050.590.140.070.150.29-0.31
0.770.060.94-0.080.60.30.310.090.130.570.910.910.220.930.750.820.390.90.930.750.190.810.920.6-0.59
0.670.040.94-0.140.430.350.20.040.380.590.950.970.170.970.660.760.550.960.820.650.370.750.980.71-0.7
0.480.95-0.08-0.140.52-0.950.890.930.03-0.71-0.01-0.080.08-0.080.50.38-0.61-0.09-0.090.50.12-0.12-0.020.12-0.13
0.90.550.60.430.52-0.330.810.57-0.31-0.020.40.40.410.40.910.86-0.330.360.570.93-0.010.490.460.17-0.18
-0.22-0.840.30.35-0.95-0.33-0.75-0.89-0.030.870.230.30.060.3-0.24-0.130.660.310.32-0.25-0.040.380.220.1-0.09
0.80.890.310.20.890.81-0.750.91-0.08-0.430.250.210.130.210.810.72-0.480.180.320.820.140.270.280.27-0.29
0.560.870.090.040.930.57-0.890.910.15-0.650.120.06-0.10.060.570.49-0.420.040.060.590.22-0.020.170.19-0.19
0.010.110.130.380.03-0.31-0.03-0.080.150.050.450.44-0.070.450.00.090.660.47-0.01-0.030.610.00.450.57-0.54
0.14-0.520.570.59-0.71-0.020.87-0.43-0.650.050.530.590.140.570.120.250.70.610.560.110.10.70.480.34-0.34
0.650.170.910.95-0.010.40.230.250.120.450.530.980.210.980.640.730.510.990.790.620.340.70.950.73-0.73
0.660.120.910.97-0.080.40.30.210.060.440.590.980.220.980.640.740.560.990.790.620.360.730.960.74-0.73
0.360.160.220.170.080.410.060.13-0.1-0.070.140.210.220.240.370.35-0.090.220.150.34-0.060.160.130.12-0.13
0.670.090.930.97-0.080.40.30.210.060.450.570.980.980.240.650.750.580.990.820.630.370.740.950.78-0.77
1.00.60.750.660.50.91-0.240.810.570.00.120.640.640.370.650.98-0.060.620.731.00.250.690.670.56-0.57
0.980.510.820.760.380.86-0.130.720.490.090.250.730.740.350.750.980.10.720.740.970.310.760.780.61-0.61
-0.04-0.490.390.55-0.61-0.330.66-0.48-0.420.660.70.510.56-0.090.58-0.060.10.590.31-0.080.440.420.520.48-0.45
0.630.10.90.96-0.090.360.310.180.040.470.610.990.990.220.990.620.720.590.780.60.370.730.950.76-0.75
0.740.050.930.82-0.090.570.320.320.06-0.010.560.790.790.150.820.730.740.310.780.720.120.860.770.62-0.62
1.00.590.750.650.50.93-0.250.820.59-0.030.110.620.620.340.631.00.97-0.080.60.720.230.680.670.51-0.52
0.250.140.190.370.12-0.01-0.040.140.220.610.10.340.36-0.060.370.250.310.440.370.120.230.240.390.56-0.54
0.70.070.810.75-0.120.490.380.27-0.020.00.70.70.730.160.740.690.760.420.730.860.680.240.690.65-0.65
0.690.150.920.98-0.020.460.220.280.170.450.480.950.960.130.950.670.780.520.950.770.670.390.690.68-0.67
0.570.290.60.710.120.170.10.270.190.570.340.730.740.120.780.560.610.480.760.620.510.560.650.68-1.0
-0.58-0.31-0.59-0.7-0.13-0.18-0.09-0.29-0.19-0.54-0.34-0.73-0.73-0.13-0.77-0.57-0.61-0.45-0.75-0.62-0.52-0.54-0.65-0.67-1.0
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First Community Account Relationship Matchups

First Community fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.6B1.7B1.8B1.9B
Short Long Term Debt Total18.4M18.1M17.9M67.8M167.8M176.2M
Total Stockholder Equity120.2M136.3M141.0M118.4M131.1M66.4M
Property Plant And Equipment Net38.2M37.5M35.7M34.0M33.8M21.4M
Net Debt(29.3M)(46.9M)(51.1M)30.4M234.6M246.3M
Retained Earnings19.9M26.5M38.3M49.0M56.3M59.1M
Cash47.7M65.0M69.0M37.4M(66.8M)(63.4M)
Non Current Assets Total343.1M415.2M617.9M614.1M1.8B1.8B
Non Currrent Assets Other(3.2M)(4.1M)(4.4M)(13.2M)1.7B1.8B
Other Assets492.7M555.4M332.8M689.6M793.0M675.9M
Cash And Short Term Investments334.5M424.9M633.9M369.3M(66.8M)(63.4M)
Common Stock Total Equity7.4M7.5M7.5M7.6M8.7M4.4M
Common Stock Shares Outstanding7.6M7.5M7.5M7.6M7.6M4.5M
Liabilities And Stockholders Equity1.2B1.4B1.6B1.7B1.8B1.9B
Non Current Liabilities Total18.4M18.1M17.9M1.0B105.0M76.6M
Other Stockholder Equity90.3M91.1M91.8M94.1M93.2M55.9M
Total Liab1.1B1.3B1.4B1.6B1.7B1.8B
Property Plant And Equipment Gross38.2M37.5M49.6M49.2M50.0M52.5M
Total Current Assets334.5M424.9M633.9M369.3M66.8M63.4M
Accumulated Other Comprehensive Income2.5M11.3M3.3M(32.4M)(26.0M)(24.7M)
Common Stock7.4M7.5M7.5M7.6M7.6M4.5M
Other Liab9.0M13.8M13.0M9.4M10.8M6.6M
Accounts Payable988.2M1.2B1.4B1.4B1.6B1.7B
Short Term Investments286.8M359.9M564.8M331.9M282.2M268.1M
Property Plant Equipment35.0M34.5M32.8M31.3M36.0M24.1M
Other Current Assets49.7M66.8M70.2M38.3M66.8M63.4M
Intangible Assets1.5M1.1M919K761K604K573.8K
Total Current Liabilities3.3M1.4B3.0M9.5M62.9M59.7M
Inventory1.4M1.2M1.2M934K840.6K798.6K
Other Current Liab1.0B1.1B1.4B1.4B1.4B991.0M
Net Tangible Assets104.1M120.6M125.4M103.0M118.4M91.2M
Retained Earnings Total Equity19.9M26.5M38.3M49.0M56.4M59.2M
Capital Surpluse90.5M91.4M92.1M92.7M106.6M87.7M
Long Term Investments741.6M878.8M859.6M1.2B506.2M589.4M
Non Current Liabilities Other46.9M54.7M67.3M32.2M29.0M41.9M

Pair Trading with First Community

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Community position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Community will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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The ability to find closely correlated positions to First Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Community when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Community - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Community to buy it.
The correlation of First Community is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Community moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Community can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Community 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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in First Stock, please use our How to Invest in First Community guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
1.174
Dividend Share
0.58
Earnings Share
1.69
Revenue Per Share
8.25
Quarterly Revenue Growth
0.26
The market value of First Community 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.