First Other Current Assets vs Common Stock Total Equity 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 Other Current Assets and its Common Stock Total Equity 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.

Other Current Assets vs Common Stock Total Equity

Other Current Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Mid Illinois Other Current Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Mid's Other Current Assets and Common Stock Total Equity is -0.27. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Total Equity 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 Other Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of First Mid Illinois are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Current Assets i.e., First Mid's Other Current Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
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
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
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.