First Non Currrent Assets Other vs Good Will Analysis

FMBH Stock  USD 31.89  0.05  0.16%   
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 Non Currrent Assets Other and its Good Will 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.

Non Currrent Assets Other vs Good Will

Non Currrent Assets Other vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Mid Illinois Non Currrent Assets Other account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Mid's Non Currrent Assets Other and Good Will is 0.7. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Good Will 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 Non Currrent Assets Other and Good Will 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 Currrent Assets Other of First Mid Illinois are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Currrent Assets Other i.e., First Mid's Non Currrent Assets Other and Good Will go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Expense15.3M31.6M106.7M112.0M
Depreciation And Amortization5.4M6.3M9.1M9.6M

First Mid fundamental ratios Correlations

0.930.980.990.760.99-0.150.790.620.710.150.980.970.970.70.951.00.98-0.130.970.690.690.570.80.98-0.42
0.930.870.920.910.95-0.350.850.730.66-0.10.970.850.870.770.930.930.93-0.330.860.780.780.50.90.93-0.46
0.980.870.980.70.96-0.090.760.580.690.180.960.980.990.680.940.980.95-0.090.980.660.660.580.790.98-0.38
0.990.920.980.780.98-0.20.80.630.720.120.980.970.970.710.940.990.99-0.130.970.70.690.570.80.98-0.41
0.760.910.70.780.82-0.710.910.880.57-0.440.850.680.680.880.870.770.8-0.510.680.90.90.250.870.81-0.45
0.990.950.960.980.82-0.230.830.690.640.060.990.940.950.750.950.990.98-0.260.940.740.740.540.840.97-0.52
-0.15-0.35-0.09-0.2-0.71-0.23-0.61-0.73-0.170.81-0.26-0.07-0.05-0.65-0.36-0.15-0.230.59-0.08-0.69-0.680.26-0.43-0.240.24
0.790.850.760.80.910.83-0.610.960.6-0.460.860.730.720.990.920.790.79-0.490.740.990.990.130.860.85-0.41
0.620.730.580.630.880.69-0.730.960.49-0.640.720.560.530.980.80.620.63-0.580.560.990.99-0.010.770.7-0.39
0.710.660.690.720.570.64-0.170.60.490.040.710.790.710.540.70.710.620.370.790.520.540.50.440.720.24
0.15-0.10.180.12-0.440.060.81-0.46-0.640.04-0.020.20.22-0.55-0.150.140.120.630.19-0.58-0.580.56-0.310.00.03
0.980.970.960.980.850.99-0.260.860.720.71-0.020.940.950.790.980.980.96-0.230.940.780.780.520.890.99-0.41
0.970.850.980.970.680.94-0.070.730.560.790.20.940.980.650.910.960.920.031.00.620.630.640.720.96-0.27
0.970.870.990.970.680.95-0.050.720.530.710.220.950.980.630.920.970.93-0.040.980.610.610.630.760.96-0.35
0.70.770.680.710.880.75-0.650.990.980.54-0.550.790.650.630.870.710.7-0.530.651.01.00.050.830.78-0.38
0.950.930.940.940.870.95-0.360.920.80.7-0.150.980.910.920.870.940.92-0.290.920.860.860.410.910.98-0.38
1.00.930.980.990.770.99-0.150.790.620.710.140.980.960.970.710.940.98-0.130.960.690.690.570.80.97-0.42
0.980.930.950.990.80.98-0.230.790.630.620.120.960.920.930.70.920.98-0.230.920.690.690.520.810.95-0.52
-0.13-0.33-0.09-0.13-0.51-0.260.59-0.49-0.580.370.63-0.230.03-0.04-0.53-0.29-0.13-0.230.03-0.57-0.550.33-0.54-0.190.76
0.970.860.980.970.680.94-0.080.740.560.790.190.941.00.980.650.920.960.920.030.630.630.640.720.96-0.27
0.690.780.660.70.90.74-0.690.990.990.52-0.580.780.620.611.00.860.690.69-0.570.631.00.020.840.77-0.4
0.690.780.660.690.90.74-0.680.990.990.54-0.580.780.630.611.00.860.690.69-0.550.631.00.030.840.77-0.38
0.570.50.580.570.250.540.260.13-0.010.50.560.520.640.630.050.410.570.520.330.640.020.030.290.52-0.11
0.80.90.790.80.870.84-0.430.860.770.44-0.310.890.720.760.830.910.80.81-0.540.720.840.840.290.87-0.47
0.980.930.980.980.810.97-0.240.850.70.720.00.990.960.960.780.980.970.95-0.190.960.770.770.520.87-0.37
-0.42-0.46-0.38-0.41-0.45-0.520.24-0.41-0.390.240.03-0.41-0.27-0.35-0.38-0.38-0.42-0.520.76-0.27-0.4-0.38-0.11-0.47-0.37
Click cells to compare fundamentals

First Mid Account Relationship Matchups

First Mid fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.7B6.0B6.7B7.6B8.0B
Short Long Term Debt Total137.8M207.2M200.0M579.0M608.3M638.7M
Total Stockholder Equity526.6M568.2M633.9M633.2M793.2M832.9M
Property Plant And Equipment Net59.5M58.2M81.5M90.5M101.4M106.5M
Net Debt52.7M(210.0M)31.4M426.6M751.4M789.0M
Retained Earnings166.7M197.7M234.2M289.3M338.7M355.6M
Cash85.1M417.3M168.6M152.4M(143.1M)(135.9M)
Non Current Assets Total953.0M1.1B1.7B1.5B7.4B7.8B
Non Currrent Assets Other(13.6M)(18.9M)(19.8M)(58.0M)7.1B7.4B
Other Assets2.0B2.3B2.7B3.9B4.4B4.7B
Cash And Short Term Investments835.6M1.3B1.6B1.4B(143.1M)(135.9M)
Net Receivables15.6M19.3M19.9M28.4M35.1M36.8M
Common Stock Total Equity71.2M71.4M76.8M86.4M99.3M104.3M
Common Stock Shares Outstanding16.7M16.8M17.9M20.2M21.9M23.0M
Liabilities And Stockholders Equity3.8B4.7B6.0B6.7B7.6B8.0B
Non Current Liabilities Total137.8M207.2M200.0M3.3M2.2B2.3B
Other Stockholder Equity280.4M282.0M323.7M409.0M793.2M832.9M
Total Liab3.3B4.2B5.4B6.1B6.8B7.1B
Property Plant And Equipment Gross76.5M75.4M135.9M143.8M157.2M165.1M
Total Current Assets851.2M1.3B1.6B1.4B143.1M135.9M
Accumulated Other Comprehensive Income8.4M17.1M(831K)(151.5M)(133.8M)(127.1M)
Common Stock71.2M71.4M76.8M86.4M99.9M104.9M
Other Current Liab(2.3M)(2.3M)(1.3M)(3.3M)4.4B4.6B
Total Current Liabilities2.3M2.3M1.3M3.3M4.6B4.8B
Short Term Debt249.6M228.6M173.8M399.4M213.7M139.9M
Accounts Payable2.3M2.3M1.3M3.3M5.4M5.7M
Other Current Assets108.9M441.8M195.9M186.5M143.1M135.9M
Intangible Assets28.3M23.1M29.5M29.5M264.2M277.4M
Other Liab30.0M51.2M49.9M26.9M31.0M19.8M
Long Term Debt23.9M113.3M200.0M579.0M394.6M414.3M
Short Term Investments750.6M879.2M1.4B1.2B1.2B736.6M
Inventory(108.9M)(441.8M)(195.9M)(186.5M)108.0M113.4M
Property Plant Equipment59.5M58.2M81.5M90.5M104.0M109.2M
Net Tangible Assets393.4M440.1M492.5M463.3M532.7M277.1M
Retained Earnings Total Equity166.7M197.7M234.2M289.3M332.7M349.3M
Long Term Debt Total23.9M113.3M113.6M113.9M131.0M80.5M
Capital Surpluse295.9M297.8M340.4M427.0M491.1M515.6M

Currently Active Assets on Macroaxis

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:
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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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.
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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.