First Stock Based Compensation vs Free Cash Flow Analysis

FHN Stock

USD 20.14 0.38 1.85%

First Horizon financial indicator trend analysis is much more than just examining First Horizon National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Horizon National is a good investment. Please check the relationship between First Horizon Stock Based Compensation and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Stock Based Compensation vs Free Cash Flow

Stock Based Compensation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Horizon National Stock Based Compensation account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.

The correlation between First Horizon's Stock Based Compensation and Free Cash Flow is 0.82. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of First Horizon National, assuming nothing else is changed. The correlation between historical values of First Horizon's Stock Based Compensation 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 Stock Based Compensation of First Horizon National 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 Stock Based Compensation i.e., First Horizon's Stock Based Compensation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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 Horizon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Horizon National 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 Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, First Horizon's Discontinued Operations is very stable compared to the past year. As of the 27th of December 2024, Enterprise Value Over EBITDA is likely to grow to 11.04, while Selling General Administrative is likely to drop about 699.2 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.8B	1.8B	1.6B	877.6M
Interest Expense	176M	304M	1.6B	1.6B

Other Operating Expenses Interest Expense

First Horizon fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Net Receivables	Other Current Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable
Total Assets		0.96	0.69	-0.43	0.62	0.99	0.94	-0.42	0.93	0.59	0.98	-0.73	0.76	0.72	0.53	0.98	1.0	-0.04	0.84	0.94	-0.35	0.97	0.98	0.88	0.29	0.92
Common Stock Shares Outstanding	0.96		0.63	-0.31	0.68	0.97	0.92	-0.28	0.97	0.46	0.97	-0.74	0.69	0.58	0.61	0.95	0.96	-0.12	0.77	0.93	-0.44	0.98	0.97	0.82	0.28	0.9
Short Long Term Debt Total	0.69	0.63		-0.18	0.31	0.68	0.68	-0.07	0.56	0.32	0.71	-0.2	0.8	0.42	0.2	0.72	0.69	0.27	0.8	0.54	0.06	0.64	0.66	0.75	0.28	0.49
Other Current Liab	-0.43	-0.31	-0.18		-0.04	-0.42	-0.33	0.35	-0.35	-0.39	-0.42	0.54	-0.36	-0.35	0.06	-0.43	-0.43	0.3	-0.51	-0.33	0.27	-0.39	-0.35	-0.41	0.23	-0.34
Total Current Liabilities	0.62	0.68	0.31	-0.04		0.69	0.79	0.18	0.8	-0.07	0.65	-0.48	0.32	0.22	0.99	0.67	0.61	-0.1	0.61	0.7	-0.45	0.71	0.74	0.34	0.04	0.65
Total Stockholder Equity	0.99	0.97	0.68	-0.42	0.69		0.97	-0.3	0.96	0.48	0.99	-0.75	0.74	0.63	0.61	0.99	0.99	-0.1	0.86	0.93	-0.43	0.98	0.99	0.85	0.22	0.9
Property Plant And Equipment Net	0.94	0.92	0.68	-0.33	0.79	0.97		-0.19	0.93	0.38	0.95	-0.64	0.68	0.6	0.71	0.98	0.93	0.01	0.84	0.88	-0.38	0.93	0.97	0.77	0.18	0.83
Net Debt	-0.42	-0.28	-0.07	0.35	0.18	-0.3	-0.19		-0.16	-0.96	-0.29	0.37	-0.23	-0.86	0.22	-0.27	-0.43	-0.19	-0.12	-0.36	-0.18	-0.29	-0.27	-0.45	-0.38	-0.43
Retained Earnings	0.93	0.97	0.56	-0.35	0.8	0.96	0.93	-0.16		0.32	0.95	-0.76	0.65	0.49	0.74	0.94	0.92	-0.21	0.8	0.93	-0.54	0.97	0.96	0.74	0.15	0.88
Cash	0.59	0.46	0.32	-0.39	-0.07	0.48	0.38	-0.96	0.32		0.48	-0.42	0.41	0.92	-0.14	0.47	0.61	0.24	0.35	0.51	0.17	0.47	0.46	0.6	0.46	0.57
Non Current Assets Total	0.98	0.97	0.71	-0.42	0.65	0.99	0.95	-0.29	0.95	0.48		-0.69	0.77	0.63	0.57	0.99	0.98	-0.04	0.86	0.91	-0.37	0.98	0.98	0.85	0.18	0.86
Non Currrent Assets Other	-0.73	-0.74	-0.2	0.54	-0.48	-0.75	-0.64	0.37	-0.76	-0.42	-0.69		-0.34	-0.46	-0.42	-0.71	-0.73	0.64	-0.55	-0.75	0.79	-0.73	-0.72	-0.63	-0.2	-0.76
Other Assets	0.76	0.69	0.8	-0.36	0.32	0.74	0.68	-0.23	0.65	0.41	0.77	-0.34		0.47	0.23	0.75	0.76	0.13	0.72	0.65	-0.01	0.71	0.72	0.85	0.14	0.62
Cash And Short Term Investments	0.72	0.58	0.42	-0.35	0.22	0.63	0.6	-0.86	0.49	0.92	0.63	-0.46	0.47		0.15	0.63	0.73	0.32	0.49	0.61	0.08	0.59	0.62	0.65	0.36	0.63
Non Current Liabilities Total	0.53	0.61	0.2	0.06	0.99	0.61	0.71	0.22	0.74	-0.14	0.57	-0.42	0.23	0.15		0.59	0.52	-0.1	0.49	0.64	-0.44	0.64	0.67	0.25	0.04	0.59
Other Stockholder Equity	0.98	0.95	0.72	-0.43	0.67	0.99	0.98	-0.27	0.94	0.47	0.99	-0.71	0.75	0.63	0.59		0.98	-0.06	0.87	0.9	-0.4	0.96	0.98	0.85	0.2	0.86
Total Liab	1.0	0.96	0.69	-0.43	0.61	0.99	0.93	-0.43	0.92	0.61	0.98	-0.73	0.76	0.73	0.52	0.98		-0.03	0.83	0.94	-0.34	0.96	0.98	0.88	0.3	0.92
Total Current Assets	-0.04	-0.12	0.27	0.3	-0.1	-0.1	0.01	-0.19	-0.21	0.24	-0.04	0.64	0.13	0.32	-0.1	-0.06	-0.03		-0.02	-0.14	0.86	-0.1	-0.06	-0.09	0.1	-0.14
Short Term Debt	0.84	0.77	0.8	-0.51	0.61	0.86	0.84	-0.12	0.8	0.35	0.86	-0.55	0.72	0.49	0.49	0.87	0.83	-0.02		0.75	-0.26	0.83	0.83	0.72	0.09	0.71
Net Receivables	0.94	0.93	0.54	-0.33	0.7	0.93	0.88	-0.36	0.93	0.51	0.91	-0.75	0.65	0.61	0.64	0.9	0.94	-0.14	0.75		-0.4	0.95	0.96	0.79	0.39	0.99
Other Current Assets	-0.35	-0.44	0.06	0.27	-0.45	-0.43	-0.38	-0.18	-0.54	0.17	-0.37	0.79	-0.01	0.08	-0.44	-0.4	-0.34	0.86	-0.26	-0.4		-0.39	-0.4	-0.23	0.08	-0.35
Property Plant And Equipment Gross	0.97	0.98	0.64	-0.39	0.71	0.98	0.93	-0.29	0.97	0.47	0.98	-0.73	0.71	0.59	0.64	0.96	0.96	-0.1	0.83	0.95	-0.39		0.97	0.81	0.24	0.92
Common Stock Total Equity	0.98	0.97	0.66	-0.35	0.74	0.99	0.97	-0.27	0.96	0.46	0.98	-0.72	0.72	0.62	0.67	0.98	0.98	-0.06	0.83	0.96	-0.4	0.97		0.82	0.28	0.92
Common Stock	0.88	0.82	0.75	-0.41	0.34	0.85	0.77	-0.45	0.74	0.6	0.85	-0.63	0.85	0.65	0.25	0.85	0.88	-0.09	0.72	0.79	-0.23	0.81	0.82		0.29	0.78
Other Liab	0.29	0.28	0.28	0.23	0.04	0.22	0.18	-0.38	0.15	0.46	0.18	-0.2	0.14	0.36	0.04	0.2	0.3	0.1	0.09	0.39	0.08	0.24	0.28	0.29		0.45
Accounts Payable	0.92	0.9	0.49	-0.34	0.65	0.9	0.83	-0.43	0.88	0.57	0.86	-0.76	0.62	0.63	0.59	0.86	0.92	-0.14	0.71	0.99	-0.35	0.92	0.92	0.78	0.45

Click cells to compare fundamentals

First Horizon Account Relationship Matchups

First Horizon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Common Stock Shares Outstanding	315.7M	434.0M	551.2M	566.0M	561.7M	589.8M
Short Long Term Debt Total	3.6B	4.2B	3.7B	4.4B	4.0B	3.1B
Other Current Liab	(2.3B)	(2.2B)	(2.1B)	(2.5B)	17.7B	11.5B
Total Current Liabilities	2.3B	2.2B	2.1B	2.5B	20.3B	21.3B
Total Stockholder Equity	4.8B	8.0B	8.2B	8.3B	9.0B	9.4B
Property Plant And Equipment Net	455.0M	759M	665M	612M	899M	944.0M
Net Debt	1.9B	(5.7B)	(12.3B)	1.7B	1.7B	1.8B
Retained Earnings	1.8B	2.3B	2.9B	3.4B	4.0B	4.2B
Cash	1.1B	9.6B	16.1B	2.4B	1.0B	1.9B
Non Current Assets Total	7.8B	11.9B	13.5B	13.9B	13.7B	14.4B
Non Currrent Assets Other	(7.8B)	(11.9B)	(13.5B)	(13.9B)	(13.7B)	(13.0B)
Other Assets	29.9B	54.8B	50.8B	62.6B	58.5B	31.9B
Cash And Short Term Investments	5.6B	17.6B	24.8B	2.4B	9.4B	9.9B
Liabilities And Stockholders Equity	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Non Current Liabilities Total	791.4M	1.7B	1.6B	2.5B	72.4B	76.0B
Other Stockholder Equity	2.9B	5.1B	4.7B	4.8B	5.4B	5.6B
Total Liab	38.2B	75.9B	80.6B	70.4B	72.4B	76.0B
Total Current Assets	5.6B	17.6B	24.8B	2.4B	9.4B	18.0B
Short Term Debt	2.3B	2.2B	2.1B	2.5B	2.5B	2.7B
Net Receivables	68.7M	38.9M	40.1M	57.3B	65.9B	69.2B
Other Current Assets	3.2B	11.4B	18.4B	4.5B	4.8B	4.5B
Property Plant And Equipment Gross	455.0M	759M	1.1B	1.1B	1.1B	1.2B
Common Stock Total Equity	194.7M	347M	333M	336M	386.4M	405.7M
Accumulated Other Comprehensive Income	(239.6M)	(140M)	(288M)	(1.4B)	(1.2B)	(1.1B)
Common Stock	194.7M	347M	333M	336M	349M	176.3M
Other Liab	647.2M	1.7B	1.6B	1.2B	1.0B	1.2B
Accounts Payable	49.5M	70.0B	74.9B	63.5B	73.0B	76.7B
Long Term Debt	1.4B	2.0B	1.6B	1.6B	1.2B	1.8B
Good Will	1.4B	1.4B	1.4B	1.5B	1.5B	1.6B
Short Term Investments	4.4B	8.0B	8.7B	10.0B	8.4B	8.8B
Inventory	(3.2B)	20M	10M	11M	9.9M	9.4M
Intangible Assets	130.2M	354M	298M	234M	186M	176.7M
Property Plant Equipment	472.8M	759M	665M	612M	703.8M	454.6M
Net Tangible Assets	3.1B	5.7B	5.9B	5.5B	6.3B	3.5B
Retained Earnings Total Equity	1.8B	2.3B	2.9B	3.4B	3.9B	4.1B
Long Term Debt Total	1.4B	2.0B	1.6B	1.9B	1.7B	1.7B
Capital Surpluse	2.9B	5.1B	4.7B	4.8B	5.6B	3.0B

Pair Trading with First Horizon

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 Horizon 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 Horizon will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.92	AX	Axos Financial	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.93	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against First Stock

0.83	CFG-PE	Citizens Financial	Pair Corr
0.74	TFC-PR	Truist Financial	Pair Corr
0.69	TFC-PO	Truist Financial	Pair Corr
0.51	WF	Woori Financial Group	Pair Corr
0.37	NU	Nu Holdings Sell-off Trend	Pair Corr

The ability to find closely correlated positions to First Horizon 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 Horizon 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 Horizon - 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 Horizon National to buy it.

The correlation of First Horizon 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 Horizon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Horizon National 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 Horizon 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 Correlation Correlation Matching

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:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Horizon's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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 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

0.734

Dividend Share

0.6

Earnings Share

1.37

Revenue Per Share

5.604

Quarterly Revenue Growth

0.186

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.

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First Stock Based Compensation vs Free Cash Flow Analysis

Stock Based Compensation vs Free Cash Flow

Stock Based Compensation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Free Cash Flow

First Horizon fundamental ratios Correlations

First Horizon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Horizon fundamental ratios Accounts

Pair Trading with First Horizon

Moving together with First Stock

Moving against First Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Total Stockholder Equity

Cash	- 0.96	Net Debt
Cash And Short Term Investments	- 0.86	Net Debt
Accounts Payable	- 0.76	Non Currrent Assets Other
Non Currrent Assets Other	- 0.76	Retained Earnings
Net Receivables	- 0.75	Non Currrent Assets Other
Non Currrent Assets Other	- 0.75	Total Stockholder Equity