First Non Current Assets Total vs Long Term Debt Analysis
FHN Stock | USD 22.10 0.11 0.50% |
First Horizon financial indicator trend analysis is much more than just examining First Horizon National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Horizon National is a good investment. Please check the relationship between First Horizon Non Current Assets Total and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Non Current Assets Total vs Long Term Debt
Non Current Assets Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Horizon National Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Horizon's Non Current Assets Total and Long Term Debt is -0.37. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of First Horizon National, assuming nothing else is changed. The correlation between historical values of First Horizon's Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of First Horizon National are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., First Horizon's Non Current Assets Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Long Term Debt
Long-term debt is a debt that First Horizon National has held for over one year. Long-term debt appears on First Horizon National balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on First Horizon National balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from First Horizon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Horizon National 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 Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, First Horizon's Selling General Administrative is very stable compared to the past year. As of the 17th of February 2025, Discontinued Operations is likely to grow to about 661.7 K, while Tax Provision is likely to drop about 174.1 M.
2022 | 2023 | 2024 | 2025 (projected) | Other Operating Expenses | 1.8B | 3.2B | 3.6B | 3.8B | Interest Expense | 304M | 1.6B | 1.8B | 1.9B |
First Horizon fundamental ratios Correlations
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First Horizon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Horizon fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 84.2B | 89.1B | 79.0B | 81.7B | 93.9B | 98.6B | |
Common Stock Shares Outstanding | 434.0M | 551.2M | 566.0M | 561.7M | 646.0M | 678.3M | |
Short Long Term Debt Total | 4.2B | 3.7B | 4.4B | 1.5B | 1.7B | 3.0B | |
Other Current Liab | (2.2B) | (2.1B) | (2.5B) | (326M) | (293.4M) | (278.7M) | |
Total Current Liabilities | 2.2B | 2.1B | 2.5B | 18.0B | 16.2B | 17.0B | |
Total Stockholder Equity | 8.0B | 8.2B | 8.3B | 9.0B | 10.3B | 10.9B | |
Property Plant And Equipment Net | 759M | 665M | 612M | 899M | 1.0B | 1.1B | |
Net Debt | (5.7B) | (12.3B) | 1.7B | (864M) | (777.6M) | (738.7M) | |
Retained Earnings | 2.3B | 2.9B | 3.4B | 4.0B | 4.6B | 4.8B | |
Cash | 9.6B | 16.1B | 2.4B | 2.3B | 2.7B | 2.0B | |
Non Current Assets Total | 11.9B | 13.5B | 13.9B | 80.4B | 92.5B | 97.1B | |
Non Currrent Assets Other | (11.9B) | (13.5B) | (13.9B) | 66.7B | 76.7B | 80.6B | |
Other Assets | 54.8B | 50.8B | 62.6B | (8.2B) | (9.4B) | (8.9B) | |
Cash And Short Term Investments | 17.6B | 24.8B | 2.4B | 9.4B | 10.8B | 11.4B | |
Liabilities And Stockholders Equity | 84.2B | 89.1B | 79.0B | 81.7B | 93.9B | 98.6B | |
Non Current Liabilities Total | 1.7B | 1.6B | 2.5B | 72.4B | 83.2B | 87.4B | |
Other Stockholder Equity | 5.1B | 4.7B | 4.8B | 5.4B | 6.2B | 6.5B | |
Total Liab | 75.9B | 80.6B | 70.4B | 72.4B | 83.2B | 87.4B | |
Total Current Assets | 17.6B | 24.8B | 2.4B | 9.4B | 10.8B | 18.0B | |
Short Term Debt | 2.2B | 2.1B | 2.5B | 326M | 374.9M | 356.2M | |
Other Current Assets | 11.4B | 18.4B | 4.5B | 4.8B | 4.3B | 4.1B | |
Property Plant And Equipment Gross | 759M | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Common Stock Total Equity | 194.7M | 347M | 333M | 336M | 386.4M | 405.7M | |
Accumulated Other Comprehensive Income | (140M) | (288M) | (1.4B) | (1.2B) | (1.1B) | (1.0B) | |
Common Stock | 347M | 333M | 336M | 349M | 401.4M | 421.4M | |
Other Liab | 647.2M | 1.7B | 1.6B | 1.2B | 1.0B | 1.2B | |
Accounts Payable | 49.5M | 70.0B | 74.9B | 63.5B | 73.0B | 76.7B | |
Long Term Debt | 2.0B | 1.6B | 1.6B | 1.2B | 1.0B | 1.8B | |
Good Will | 1.4B | 1.4B | 1.5B | 1.5B | 1.7B | 1.8B | |
Short Term Investments | 8.0B | 8.7B | 10.0B | 8.4B | 9.6B | 10.1B | |
Inventory | (3.2B) | 20M | 10M | 11M | 9.9M | 9.4M | |
Intangible Assets | 354M | 298M | 234M | 186M | 167.4M | 159.0M | |
Property Plant Equipment | 472.8M | 759M | 665M | 612M | 703.8M | 454.6M | |
Net Tangible Assets | 3.1B | 5.7B | 5.9B | 5.5B | 6.3B | 3.5B | |
Retained Earnings Total Equity | 1.8B | 2.3B | 2.9B | 3.4B | 3.9B | 4.1B | |
Long Term Debt Total | 1.4B | 2.0B | 1.6B | 1.9B | 1.7B | 1.7B | |
Capital Surpluse | 2.9B | 5.1B | 4.7B | 4.8B | 5.6B | 3.0B |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 Horizon. 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 Horizon 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 (0.06) | Dividend Share 0.6 | Earnings Share 1.36 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of First Horizon National 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 Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon'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 Horizon's market value can be influenced by many factors that don't directly affect First Horizon'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 Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon'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.