First Other Non Cash Items vs Capital Expenditures Analysis
| FGBI Stock | USD 12.79 0.18 1.39% |
First Guaranty financial indicator trend analysis is much more than just examining First Guaranty Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Guaranty Bancshares is a good investment. Please check the relationship between First Guaranty Other Non Cash Items and its Capital Expenditures accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Guaranty 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 bureau of labor statistics.
Other Non Cash Items vs Capital Expenditures
Other Non Cash Items vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Guaranty Bancshares Other Non Cash Items account and Capital Expenditures. At this time, the significance of the direction appears to have very week relationship.
The correlation between First Guaranty's Other Non Cash Items and Capital Expenditures is 0.27. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of First Guaranty Bancshares, assuming nothing else is changed. The correlation between historical values of First Guaranty's Other Non Cash Items and Capital Expenditures 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 Non Cash Items of First Guaranty Bancshares are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Other Non Cash Items i.e., First Guaranty's Other Non Cash Items and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Non Cash Items
Capital Expenditures
Capital Expenditures are funds used by First Guaranty Bancshares to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of First Guaranty operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from First Guaranty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Guaranty 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 First Guaranty 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 bureau of labor statistics. As of now, First Guaranty's Enterprise Value Multiple is increasing as compared to previous years.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 22.3M | 36.5M | 98.3M | 103.2M | Depreciation And Amortization | 4.2M | 3.1M | 4.0M | 2.7M |
First Guaranty fundamental ratios Correlations
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First Guaranty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Guaranty fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.1B | 2.5B | 2.9B | 3.2B | 3.6B | 2.0B | |
| Short Long Term Debt Total | 79.9M | 110.5M | 43.2M | 176.9M | 275.4M | 289.2M | |
| Total Current Liabilities | 19.1M | 55.3M | 7.7M | 144.3M | 2.6B | 2.7B | |
| Total Stockholder Equity | 166.0M | 178.6M | 223.9M | 235.0M | 249.6M | 157.7M | |
| Property Plant And Equipment Net | 55.7M | 59.9M | 58.6M | 58.2M | 69.8M | 36.8M | |
| Net Debt | 13.4M | (188.4M) | (218.6M) | 94.1M | (17.0M) | (17.9M) | |
| Retained Earnings | 43.3M | 57.4M | 56.7M | 76.4M | 68.0M | 54.9M | |
| Accounts Payable | 6.0M | 5.3M | 4.5M | 4.3M | 11.8M | 12.4M | |
| Cash | 66.5M | 298.9M | 261.7M | 82.8M | 286.1M | 300.4M | |
| Non Current Assets Total | 503.4M | 317.9M | 441.6M | 527.6M | 100.4M | 95.4M | |
| Non Currrent Assets Other | (503.4M) | (317.9M) | (441.6M) | (527.6M) | (100.4M) | (105.4M) | |
| Other Assets | 1.2B | 1.6B | 2.0B | 2.1B | 3.2B | 2.1B | |
| Cash And Short Term Investments | 406.9M | 537.5M | 472.4M | 214.3M | 286.5M | 361.7M | |
| Net Receivables | 8.4M | 11.9M | 12.0M | 328.1M | 299.7M | 314.7M | |
| Common Stock Shares Outstanding | 10.7M | 10.7M | 10.7M | 10.7M | 11.2M | 10.9M | |
| Short Term Investments | 340.4M | 238.5M | 210.6M | 131.5M | 341K | 324.0K | |
| Liabilities And Stockholders Equity | 2.1B | 2.5B | 2.9B | 3.2B | 3.6B | 2.0B | |
| Non Current Liabilities Total | 66.8M | 60.5M | 40.0M | 144.3M | 3.3B | 3.5B | |
| Other Current Assets | 80.7M | 313.8M | 276.1M | 96.3M | 303.4M | 350.1M | |
| Total Liab | 2.0B | 2.3B | 2.7B | 2.9B | 3.3B | 1.8B | |
| Property Plant And Equipment Gross | 56.5M | 59.9M | 100.2M | 102.7M | 117.0M | 122.9M | |
| Total Current Assets | 415.4M | 549.4M | 484.4M | 542.3M | 286.5M | 272.1M | |
| Accumulated Other Comprehensive Income | 2.2M | 647K | (6.6M) | (15.2M) | (13.0M) | (12.3M) | |
| Short Term Debt | 13.1M | 50M | 3.2M | 140M | 70.3M | 73.8M | |
| Intangible Assets | 7.2M | 6.6M | 5.9M | 5.0M | 4.3M | 3.7M | |
| Other Liab | 5.4M | 6.0M | 3.6M | 4.9M | 5.6M | 4.3M | |
| Long Term Debt | 66.8M | 60.5M | 40.0M | 36.9M | 209.1M | 219.6M | |
| Inventory | (80.7M) | (313.8M) | (276.1M) | (98.8M) | 270.4M | 283.9M | |
| Property Plant Equipment | 56.5M | 59.9M | 58.6M | 58.2M | 66.9M | 39.9M | |
| Other Current Liab | (19.1M) | (55.3M) | (4.5M) | (144.3M) | 2.5B | 2.6B | |
| Net Tangible Assets | 146.6M | 159.9M | 172.0M | 184.1M | 211.7M | 155.7M | |
| Retained Earnings Total Equity | 43.3M | 57.4M | 56.7M | 76.4M | 87.8M | 61.2M | |
| Long Term Debt Total | 63.3M | 57.1M | 40.0M | 36.9M | 42.5M | 42.5M | |
| Long Term Investments | 427.0M | 238.5M | 364.2M | 451.5M | 404.1M | 369.6M | |
| Short Long Term Debt | 13.1M | 50M | 3.2M | 140M | 60M | 36.7M |
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When determining whether First Guaranty Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Guaranty'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 Guaranty Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Guaranty Bancshares Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Guaranty 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 bureau of labor statistics. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 Guaranty. 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 Guaranty 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 0.033 | Dividend Share 0.56 | Earnings Share 0.85 | Revenue Per Share 7.78 | Quarterly Revenue Growth (0.01) |
The market value of First Guaranty Bancshares 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 Guaranty's value that differs from its market value or its book value, called intrinsic value, which is First Guaranty'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 Guaranty's market value can be influenced by many factors that don't directly affect First Guaranty'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 Guaranty's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Guaranty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Guaranty'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.