First Total Current Liabilities vs Common Stock Shares Outstanding 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 Total Current Liabilities and its Common Stock Shares Outstanding 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.

Total Current Liabilities vs Common Stock Shares Outstanding

Total Current Liabilities vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Mid Illinois Total Current Liabilities account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Mid's Total Current Liabilities and Common Stock Shares Outstanding is 0.61. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Shares Outstanding 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 Total Current Liabilities and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of First Mid Illinois are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Liabilities i.e., First Mid's Total Current Liabilities and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on First Mid balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Mid Illinois are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.