First Mid Illinois Stock Current Ratio

FMBH Stock  USD 35.97  0.85  2.31%   
First Mid Illinois fundamentals help investors to digest information that contributes to First Mid's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Mid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Mid stock.
Last ReportedProjected for Next Year
Current Ratio 374.85  356.11 
The current Current Ratio is estimated to decrease to 356.11.
  
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First Mid Illinois Company Current Ratio Analysis

First Mid's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current First Mid Current Ratio

    
  356.11  
Most of First Mid's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Mid Illinois is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for First Mid is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Current Ratio. Since First Mid's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Mid's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Mid's interrelated accounts and indicators.
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First Current Ratio Historical Pattern

Today, most investors in First Mid Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Mid's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Mid current ratio as a starting point in their analysis.
   First Mid Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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First Price To Sales Ratio

Price To Sales Ratio

4.31

As of now, First Mid's Price To Sales Ratio is increasing as compared to previous years.

First Mid Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Mid from analyzing First Mid's financial statements. These drivers represent accounts that assess First Mid's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Mid's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap562.7M765.4M647.0M754.9M679.4M713.4M
Enterprise Value352.7M796.8M1.1B1.0B927.8M974.2M

First Mid ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Mid's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Mid's managers, analysts, and investors.
Environmental
Governance
Social

First Fundamentals

Return On Equity0.0975
Return On Asset0.0101
Profit Margin0.25 %
Operating Margin0.37 %
Current Valuation1.28 B
Shares Outstanding23.91 M
Shares Owned By Insiders16.40 %
Shares Owned By Institutions44.13 %
Number Of Shares Shorted112.66 K
Price To Earning14.51 X
Price To Book1.03 X
Price To Sales2.78 X
Revenue300.17 M
Gross Profit254.15 M
EBITDA88.41 M
Net Income68.94 M
Cash And Equivalents142.42 M
Cash Per Share6.96 X
Total Debt608.32 M
Debt To Equity9.31 %
Book Value Per Share35.91 X
Cash Flow From Operations72.42 M
Short Ratio1.92 X
Earnings Per Share3.24 X
Price To Earnings To Growth1.88 X
Target Price46.14
Number Of Employees1.21 K
Beta0.88
Market Capitalization880.43 M
Total Asset7.59 B