First Total Current Liabilities vs Property Plant And Equipment Gross Analysis

FBMS Stock  USD 37.43  0.32  0.85%   
First Bancshares, financial indicator trend analysis is much more than just examining First Bancshares, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancshares, is a good investment. Please check the relationship between First Bancshares, Total Current Liabilities and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The First Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Liabilities vs Property Plant And Equipment Gross

Total Current Liabilities vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancshares, Total Current Liabilities account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between First Bancshares,'s Total Current Liabilities and Property Plant And Equipment Gross is -0.05. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of The First Bancshares,, assuming nothing else is changed. The correlation between historical values of First Bancshares,'s Total Current Liabilities and Property Plant And Equipment Gross 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 The First Bancshares, are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Liabilities i.e., First Bancshares,'s Total Current Liabilities and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on First Bancshares, balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The First Bancshares, 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.

Property Plant And Equipment Gross

Most indicators from First Bancshares,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bancshares, 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 The First Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, First Bancshares,'s Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 740.3 M in 2024, whereas Tax Provision is likely to drop slightly above 12 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit194.3M207.3M290.2M304.7M
Total Revenue194.3M207.3M290.2M304.7M

First Bancshares, fundamental ratios Correlations

0.420.991.0-0.50.990.70.860.460.220.530.990.990.990.710.991.00.990.390.99-0.03-0.060.78-0.310.810.61
0.420.460.470.070.340.260.070.240.60.490.420.520.44-0.070.450.420.380.360.47-0.19-0.270.010.520.460.88
0.990.460.99-0.50.970.70.860.470.210.510.990.991.00.731.00.990.990.380.99-0.03-0.060.79-0.250.810.63
1.00.470.99-0.460.980.670.850.460.240.520.990.990.990.70.991.00.990.380.99-0.05-0.10.77-0.260.810.63
-0.50.07-0.5-0.46-0.47-0.93-0.36-0.17-0.01-0.7-0.5-0.44-0.47-0.25-0.44-0.5-0.44-0.54-0.43-0.03-0.03-0.260.46-0.67-0.15
0.990.340.970.98-0.470.640.890.440.130.470.980.960.980.750.970.990.990.310.97-0.01-0.020.81-0.340.750.55
0.70.260.70.67-0.930.640.440.290.240.850.690.670.670.270.640.70.620.680.65-0.06-0.070.31-0.340.840.46
0.860.070.860.85-0.360.890.440.41-0.20.080.850.810.880.970.880.860.92-0.010.860.110.070.99-0.330.540.22
0.460.240.470.46-0.170.440.290.410.070.180.440.490.490.370.480.450.460.240.50.020.180.390.020.180.31
0.220.60.210.24-0.010.130.24-0.20.070.530.230.290.19-0.360.210.220.120.660.23-0.06-0.18-0.27-0.110.420.59
0.530.490.510.52-0.70.470.850.080.180.530.530.540.47-0.150.450.530.40.810.48-0.18-0.18-0.07-0.160.730.65
0.990.420.990.99-0.50.980.690.850.440.230.530.980.990.690.980.990.980.360.98-0.02-0.050.76-0.340.830.63
0.990.520.990.99-0.440.960.670.810.490.290.540.980.990.660.990.980.970.441.0-0.13-0.120.73-0.220.790.69
0.990.441.00.99-0.470.980.670.880.490.190.470.990.990.751.00.990.990.361.0-0.05-0.070.81-0.260.790.6
0.71-0.070.730.7-0.250.750.270.970.37-0.36-0.150.690.660.750.750.710.8-0.190.720.140.120.99-0.270.370.03
0.990.451.00.99-0.440.970.640.880.480.210.450.980.991.00.750.990.990.330.99-0.02-0.030.81-0.250.770.62
1.00.420.991.0-0.50.990.70.860.450.220.530.990.980.990.710.990.990.390.99-0.04-0.070.77-0.310.810.6
0.990.380.990.99-0.440.990.620.920.460.120.40.980.970.990.80.990.990.280.98-0.01-0.050.86-0.280.760.54
0.390.360.380.38-0.540.310.68-0.010.240.660.810.360.440.36-0.190.330.390.280.39-0.42-0.39-0.13-0.20.530.44
0.990.470.990.99-0.430.970.650.860.50.230.480.981.01.00.720.990.990.980.39-0.11-0.10.78-0.240.770.64
-0.03-0.19-0.03-0.05-0.03-0.01-0.060.110.02-0.06-0.18-0.02-0.13-0.050.14-0.02-0.04-0.01-0.42-0.110.810.15-0.25-0.04-0.17
-0.06-0.27-0.06-0.1-0.03-0.02-0.070.070.18-0.18-0.18-0.05-0.12-0.070.12-0.03-0.07-0.05-0.39-0.10.810.11-0.27-0.19-0.07
0.780.010.790.77-0.260.810.310.990.39-0.27-0.070.760.730.810.990.810.770.86-0.130.780.150.11-0.290.440.12
-0.310.52-0.25-0.260.46-0.34-0.34-0.330.02-0.11-0.16-0.34-0.22-0.26-0.27-0.25-0.31-0.28-0.2-0.24-0.25-0.27-0.29-0.350.17
0.810.460.810.81-0.670.750.840.540.180.420.730.830.790.790.370.770.810.760.530.77-0.04-0.190.44-0.350.62
0.610.880.630.63-0.150.550.460.220.310.590.650.630.690.60.030.620.60.540.440.64-0.17-0.070.120.170.62
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First Bancshares, Account Relationship Matchups

First Bancshares, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B5.2B6.1B6.5B8.0B8.4B
Short Long Term Debt Total509.3M267.6M151.0M284.9M140.0M92.5M
Total Stockholder Equity543.7M644.8M676.2M646.7M949.0M996.5M
Property Plant And Equipment Net105.0M123.5M132.4M153.1M182.2M191.3M
Net Debt126.1M(303.3M)(775.0M)139.5M(215.2M)(204.4M)
Retained Earnings110.5M154.2M206.2M252.6M300.2M315.2M
Cash168.9M562.6M919.7M145.3M355.1M372.9M
Non Current Assets Total1.1B1.4B2.1B2.3B7.6B8.0B
Non Currrent Assets Other(16.1M)(20.5M)(17.6M)(128.4M)5.4B5.7B
Other Assets1.9B2.2B1.3B2.7B(355.1M)(337.4M)
Cash And Short Term Investments934.0M1.6B2.7B1.4B355.1M378.2M
Net Receivables14.8M26.3M23.3M27.7M33.3M35.0M
Common Stock Total Equity19.0M21.6M21.7M25.3M29.1M30.5M
Common Stock Shares Outstanding17.2M20.8M21.2M22.2M31.6M33.1M
Liabilities And Stockholders Equity3.9B5.2B6.1B6.5B8.0B8.4B
Non Current Liabilities Total295.0M259.2M144.7M13.1M7.0B7.4B
Other Stockholder Equity404.1M443.2M440.3M517.7M734.1M770.8M
Total Liab3.4B4.5B5.4B5.8B7.1B7.4B
Property Plant And Equipment Gross105.0M123.5M132.4M153.1M225.9M237.2M
Total Current Assets948.8M1.6B2.7B1.4B751.9M672.9M
Accumulated Other Comprehensive Income10.1M25.8M8.0M(149.0M)(117.6M)(111.7M)
Common Stock19.0M21.6M21.7M25.3M32.3M34.0M
Other Current Liab(2.5M)(10.4M)(8.0M)(6.4M)14.4M15.1M
Total Current Liabilities2.5M10.4M8.0M13.1M22.7M23.8M
Accounts Payable2.5M2.1M1.7M3.3M22.7M23.8M
Short Term Debt214.3M8.3M6.3M9.7M8.3M7.9M
Other Liab17.6M33.4M29.7M19.6M22.6M23.7M
Long Term Debt295.0M259.2M144.7M275.1M123.4M88.1M
Short Term Investments765.1M1.0B1.8B1.3B(1.5B)(1.5B)
Inventory(191.0M)(594.7M)(945.5M)(177.9M)321.8M337.9M
Treasury Stock(5.7M)(13.8M)(18.9M)(41.1M)(37.0M)(35.1M)
Property Plant Equipment105.0M123.5M132.4M153.1M176.0M184.8M
Good Will158.6M156.9M156.7M180.3M272.5M286.1M
Other Current Assets191.0M594.7M945.5M177.9M396.8M565.8M
Intangible Assets30.3M30.8M29.5M34.6M341.3M358.4M
Net Tangible Assets385.1M487.9M490.0M466.4M536.4M563.2M
Retained Earnings Total Equity110.5M154.2M206.2M252.6M290.5M305.0M
Long Term Debt Total295.0M259.2M144.7M145.0M166.8M91.4M
Capital Surpluse409.8M456.9M459.2M558.8M642.7M674.8M

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When running First Bancshares,'s price analysis, check to measure First Bancshares,'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 Bancshares, is operating at the current time. Most of First Bancshares,'s value examination focuses on studying past and present price action to predict the probability of First Bancshares,'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 Bancshares,'s price. Additionally, you may evaluate how the addition of First Bancshares, to your portfolios can decrease your overall portfolio volatility.