First Earning Assets vs Net Debt Analysis

FMBH Stock

USD 32.85 0.14 0.42%

First Mid financial indicator trend analysis is much more than just examining First Mid Illinois latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Mid Illinois is a good investment. Please check the relationship between First Mid Earning Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mid Illinois. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Earning Assets vs Net Debt

Earning Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Mid Illinois Earning Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between First Mid's Earning Assets and Net Debt is 0.58. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of First Mid Illinois, assuming nothing else is changed. The correlation between historical values of First Mid's Earning Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of First Mid Illinois are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Earning Assets i.e., First Mid's Earning Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Earning Assets

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from First Mid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Mid Illinois 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 Mid Illinois. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

As of now, First Mid's Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Interest Expense	15.3M	31.6M	106.7M	112.0M
Depreciation And Amortization	5.4M	6.3M	9.1M	9.6M

Interest Expense Depreciation And Amortization

First Mid fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Short Term Debt	Accounts Payable	Good Will	Other Current Assets
Total Assets		0.93	0.98	0.99	0.76	0.99	-0.15	0.79	0.62	0.71	0.15	0.98	0.97	0.97	0.7	0.95	1.0	0.98	-0.13	0.97	0.69	0.69	0.57	0.8	0.98	-0.42
Short Long Term Debt Total	0.93		0.87	0.92	0.91	0.95	-0.35	0.85	0.73	0.66	-0.1	0.97	0.85	0.87	0.77	0.93	0.93	0.93	-0.33	0.86	0.78	0.78	0.5	0.9	0.93	-0.46
Total Stockholder Equity	0.98	0.87		0.98	0.7	0.96	-0.09	0.76	0.58	0.69	0.18	0.96	0.98	0.99	0.68	0.94	0.98	0.95	-0.09	0.98	0.66	0.66	0.58	0.79	0.98	-0.38
Property Plant And Equipment Net	0.99	0.92	0.98		0.78	0.98	-0.2	0.8	0.63	0.72	0.12	0.98	0.97	0.97	0.71	0.94	0.99	0.99	-0.13	0.97	0.7	0.69	0.57	0.8	0.98	-0.41
Net Debt	0.76	0.91	0.7	0.78		0.82	-0.71	0.91	0.88	0.57	-0.44	0.85	0.68	0.68	0.88	0.87	0.77	0.8	-0.51	0.68	0.9	0.9	0.25	0.87	0.81	-0.45
Retained Earnings	0.99	0.95	0.96	0.98	0.82		-0.23	0.83	0.69	0.64	0.06	0.99	0.94	0.95	0.75	0.95	0.99	0.98	-0.26	0.94	0.74	0.74	0.54	0.84	0.97	-0.52
Cash	-0.15	-0.35	-0.09	-0.2	-0.71	-0.23		-0.61	-0.73	-0.17	0.81	-0.26	-0.07	-0.05	-0.65	-0.36	-0.15	-0.23	0.59	-0.08	-0.69	-0.68	0.26	-0.43	-0.24	0.24
Non Current Assets Total	0.79	0.85	0.76	0.8	0.91	0.83	-0.61		0.96	0.6	-0.46	0.86	0.73	0.72	0.99	0.92	0.79	0.79	-0.49	0.74	0.99	0.99	0.13	0.86	0.85	-0.41
Non Currrent Assets Other	0.62	0.73	0.58	0.63	0.88	0.69	-0.73	0.96		0.49	-0.64	0.72	0.56	0.53	0.98	0.8	0.62	0.63	-0.58	0.56	0.99	0.99	-0.01	0.77	0.7	-0.39
Other Assets	0.71	0.66	0.69	0.72	0.57	0.64	-0.17	0.6	0.49		0.04	0.71	0.79	0.71	0.54	0.7	0.71	0.62	0.37	0.79	0.52	0.54	0.5	0.44	0.72	0.24
Cash And Short Term Investments	0.15	-0.1	0.18	0.12	-0.44	0.06	0.81	-0.46	-0.64	0.04		-0.02	0.2	0.22	-0.55	-0.15	0.14	0.12	0.63	0.19	-0.58	-0.58	0.56	-0.31	0.0	0.03
Net Receivables	0.98	0.97	0.96	0.98	0.85	0.99	-0.26	0.86	0.72	0.71	-0.02		0.94	0.95	0.79	0.98	0.98	0.96	-0.23	0.94	0.78	0.78	0.52	0.89	0.99	-0.41
Common Stock Total Equity	0.97	0.85	0.98	0.97	0.68	0.94	-0.07	0.73	0.56	0.79	0.2	0.94		0.98	0.65	0.91	0.96	0.92	0.03	1.0	0.62	0.63	0.64	0.72	0.96	-0.27
Common Stock Shares Outstanding	0.97	0.87	0.99	0.97	0.68	0.95	-0.05	0.72	0.53	0.71	0.22	0.95	0.98		0.63	0.92	0.97	0.93	-0.04	0.98	0.61	0.61	0.63	0.76	0.96	-0.35
Non Current Liabilities Total	0.7	0.77	0.68	0.71	0.88	0.75	-0.65	0.99	0.98	0.54	-0.55	0.79	0.65	0.63		0.87	0.71	0.7	-0.53	0.65	1.0	1.0	0.05	0.83	0.78	-0.38
Other Stockholder Equity	0.95	0.93	0.94	0.94	0.87	0.95	-0.36	0.92	0.8	0.7	-0.15	0.98	0.91	0.92	0.87		0.94	0.92	-0.29	0.92	0.86	0.86	0.41	0.91	0.98	-0.38
Total Liab	1.0	0.93	0.98	0.99	0.77	0.99	-0.15	0.79	0.62	0.71	0.14	0.98	0.96	0.97	0.71	0.94		0.98	-0.13	0.96	0.69	0.69	0.57	0.8	0.97	-0.42
Property Plant And Equipment Gross	0.98	0.93	0.95	0.99	0.8	0.98	-0.23	0.79	0.63	0.62	0.12	0.96	0.92	0.93	0.7	0.92	0.98		-0.23	0.92	0.69	0.69	0.52	0.81	0.95	-0.52
Total Current Assets	-0.13	-0.33	-0.09	-0.13	-0.51	-0.26	0.59	-0.49	-0.58	0.37	0.63	-0.23	0.03	-0.04	-0.53	-0.29	-0.13	-0.23		0.03	-0.57	-0.55	0.33	-0.54	-0.19	0.76
Common Stock	0.97	0.86	0.98	0.97	0.68	0.94	-0.08	0.74	0.56	0.79	0.19	0.94	1.0	0.98	0.65	0.92	0.96	0.92	0.03		0.63	0.63	0.64	0.72	0.96	-0.27
Other Current Liab	0.69	0.78	0.66	0.7	0.9	0.74	-0.69	0.99	0.99	0.52	-0.58	0.78	0.62	0.61	1.0	0.86	0.69	0.69	-0.57	0.63		1.0	0.02	0.84	0.77	-0.4
Total Current Liabilities	0.69	0.78	0.66	0.69	0.9	0.74	-0.68	0.99	0.99	0.54	-0.58	0.78	0.63	0.61	1.0	0.86	0.69	0.69	-0.55	0.63	1.0		0.03	0.84	0.77	-0.38
Short Term Debt	0.57	0.5	0.58	0.57	0.25	0.54	0.26	0.13	-0.01	0.5	0.56	0.52	0.64	0.63	0.05	0.41	0.57	0.52	0.33	0.64	0.02	0.03		0.29	0.52	-0.11
Accounts Payable	0.8	0.9	0.79	0.8	0.87	0.84	-0.43	0.86	0.77	0.44	-0.31	0.89	0.72	0.76	0.83	0.91	0.8	0.81	-0.54	0.72	0.84	0.84	0.29		0.87	-0.47
Good Will	0.98	0.93	0.98	0.98	0.81	0.97	-0.24	0.85	0.7	0.72	0.0	0.99	0.96	0.96	0.78	0.98	0.97	0.95	-0.19	0.96	0.77	0.77	0.52	0.87		-0.37
Other Current Assets	-0.42	-0.46	-0.38	-0.41	-0.45	-0.52	0.24	-0.41	-0.39	0.24	0.03	-0.41	-0.27	-0.35	-0.38	-0.38	-0.42	-0.52	0.76	-0.27	-0.4	-0.38	-0.11	-0.47	-0.37

Click cells to compare fundamentals

First Mid Account Relationship Matchups

First Mid fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.7B	6.0B	6.7B	7.6B	8.0B
Short Long Term Debt Total	137.8M	207.2M	200.0M	579.0M	608.3M	638.7M
Total Stockholder Equity	526.6M	568.2M	633.9M	633.2M	793.2M	832.9M
Property Plant And Equipment Net	59.5M	58.2M	81.5M	90.5M	101.4M	106.5M
Net Debt	52.7M	(210.0M)	31.4M	426.6M	751.4M	789.0M
Retained Earnings	166.7M	197.7M	234.2M	289.3M	338.7M	355.6M
Cash	85.1M	417.3M	168.6M	152.4M	(143.1M)	(135.9M)
Non Current Assets Total	953.0M	1.1B	1.7B	1.5B	7.4B	7.8B
Non Currrent Assets Other	(13.6M)	(18.9M)	(19.8M)	(58.0M)	7.1B	7.4B
Other Assets	2.0B	2.3B	2.7B	3.9B	4.4B	4.7B
Cash And Short Term Investments	835.6M	1.3B	1.6B	1.4B	(143.1M)	(135.9M)
Net Receivables	15.6M	19.3M	19.9M	28.4M	35.1M	36.8M
Common Stock Total Equity	71.2M	71.4M	76.8M	86.4M	99.3M	104.3M
Common Stock Shares Outstanding	16.7M	16.8M	17.9M	20.2M	21.9M	23.0M
Liabilities And Stockholders Equity	3.8B	4.7B	6.0B	6.7B	7.6B	8.0B
Non Current Liabilities Total	137.8M	207.2M	200.0M	3.3M	2.2B	2.3B
Other Stockholder Equity	280.4M	282.0M	323.7M	409.0M	793.2M	832.9M
Total Liab	3.3B	4.2B	5.4B	6.1B	6.8B	7.1B
Property Plant And Equipment Gross	76.5M	75.4M	135.9M	143.8M	157.2M	165.1M
Total Current Assets	851.2M	1.3B	1.6B	1.4B	143.1M	135.9M
Accumulated Other Comprehensive Income	8.4M	17.1M	(831K)	(151.5M)	(133.8M)	(127.1M)
Common Stock	71.2M	71.4M	76.8M	86.4M	99.9M	104.9M
Other Current Liab	(2.3M)	(2.3M)	(1.3M)	(3.3M)	4.4B	4.6B
Total Current Liabilities	2.3M	2.3M	1.3M	3.3M	4.6B	4.8B
Short Term Debt	249.6M	228.6M	173.8M	399.4M	213.7M	139.9M
Accounts Payable	2.3M	2.3M	1.3M	3.3M	5.4M	5.7M
Other Current Assets	108.9M	441.8M	195.9M	186.5M	143.1M	135.9M
Intangible Assets	28.3M	23.1M	29.5M	29.5M	264.2M	277.4M
Other Liab	30.0M	51.2M	49.9M	26.9M	31.0M	19.8M
Long Term Debt	23.9M	113.3M	200.0M	579.0M	394.6M	414.3M
Short Term Investments	750.6M	879.2M	1.4B	1.2B	1.2B	736.6M
Inventory	(108.9M)	(441.8M)	(195.9M)	(186.5M)	108.0M	113.4M
Property Plant Equipment	59.5M	58.2M	81.5M	90.5M	104.0M	109.2M
Net Tangible Assets	393.4M	440.1M	492.5M	463.3M	532.7M	277.1M
Retained Earnings Total Equity	166.7M	197.7M	234.2M	289.3M	332.7M	349.3M
Long Term Debt Total	23.9M	113.3M	113.6M	113.9M	131.0M	80.5M
Capital Surpluse	295.9M	297.8M	340.4M	427.0M	491.1M	515.6M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid'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 Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Mid's Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mid Illinois. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Note that the First Mid Illinois information on this page should be used as a complementary analysis to other First Mid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for First Stock analysis

When running First Mid's price analysis, check to measure First Mid'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 Mid is operating at the current time. Most of First Mid's value examination focuses on studying past and present price action to predict the probability of First Mid'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 Mid's price. Additionally, you may evaluate how the addition of First Mid to your portfolios can decrease your overall portfolio volatility.

	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Transaction History View history of all your transactions and understand their impact on performance
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	CEOs Directory Screen CEOs from public companies around the world
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like

Is First Mid's industry 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 Mid. 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 Mid 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

(0.08)

Dividend Share

0.92

Earnings Share

3.08

Revenue Per Share

12.727

Quarterly Revenue Growth

0.208

The market value of First Mid Illinois 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 Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid'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 Mid's market value can be influenced by many factors that don't directly affect First Mid'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 Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

First Earning Assets vs Net Debt Analysis

Earning Assets vs Net Debt

Earning Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Earning Assets

Net Debt

First Mid fundamental ratios Correlations

First Mid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Mid fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for First Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Other Current Liab	+ 1.0	Non Current Liabilities Total
Total Current Liabilities	+ 1.0	Non Current Liabilities Total
Total Current Liabilities	+ 1.0	Other Current Liab
Property Plant And Equipment Net	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.73	Cash
Cash	- 0.71	Net Debt
Other Current Liab	- 0.69	Cash
Total Current Liabilities	- 0.68	Cash
Non Current Liabilities Total	- 0.65	Cash
Cash And Short Term Investments	- 0.64	Non Currrent Assets Other