First Quick Ratio from 2010 to 2024

FCBC Stock  USD 45.53  0.25  0.55%   
First Community's Quick Ratio is decreasing over the years with very volatile fluctuation. Quick Ratio is expected to dwindle to 18.45. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
19.42
Current Value
18.45
Quarterly Volatility
8.11742648
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Community's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6 M, Interest Expense of 9 M or Selling General Administrative of 35 M, as well as many indicators such as Price To Sales Ratio of 5.04, Dividend Yield of 0.0372 or PTB Ratio of 1.61. First financial statements analysis is a perfect complement when working with First Community Valuation or Volatility modules.
  
Check out the analysis of First Community Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Community's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of First Community Bancshares over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. First Community's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Community's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

First Quick Ratio Regression Statistics

Arithmetic Mean20.01
Geometric Mean18.72
Coefficient Of Variation40.58
Mean Deviation6.00
Median18.45
Standard Deviation8.12
Sample Variance65.89
Range29.3915
R-Value(0.01)
Mean Square Error70.96
R-Squared0.00006
Significance0.98
Slope(0.01)
Total Sum of Squares922.50

First Quick Ratio History

2024 18.45
2023 19.42
2022 16.89
2021 40.43
2020 27.37
2019 16.17
2018 11.04

About First Community Financial Statements

First Community stakeholders use historical fundamental indicators, such as First Community's Quick Ratio, to determine how well the company is positioned to perform in the future. Although First Community investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Community's assets and liabilities are reflected in the revenues and expenses on First Community's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Community Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 19.42  18.45 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Community Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Community'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 Community Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Bancshares Stock:
Check out the analysis of First Community Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 Community. 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 Community 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
(0.09)
Dividend Share
1.2
Earnings Share
2.74
Revenue Per Share
8.864
Quarterly Revenue Growth
(0.03)
The market value of First Community Banc 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 Community's value that differs from its market value or its book value, called intrinsic value, which is First Community'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 Community's market value can be influenced by many factors that don't directly affect First Community'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 Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community'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.