First Total Stockholder Equity vs Retained Earnings Analysis

FHN Stock

USD 21.09 0.10 0.47%

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 Total Stockholder Equity and its Retained Earnings 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.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Horizon National Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between First Horizon's Total Stockholder Equity and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Total Stockholder Equity and Retained Earnings 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 Stockholder Equity of First Horizon National are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., First Horizon's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Discontinued Operations is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 11.04, while Selling General Administrative is likely to drop about 699.2 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.8B	1.8B	1.6B	877.6M
Interest Expense	176M	304M	1.6B	1.6B

Other Operating Expenses Interest Expense

First Horizon fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Net Receivables	Other Current Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable
Total Assets		0.96	0.69	-0.43	0.62	0.99	0.94	-0.42	0.93	0.59	0.98	-0.73	0.76	0.72	0.53	0.98	1.0	-0.04	0.84	0.94	-0.35	0.97	0.98	0.88	0.29	0.92
Common Stock Shares Outstanding	0.96		0.63	-0.31	0.68	0.97	0.92	-0.28	0.97	0.46	0.97	-0.74	0.69	0.58	0.61	0.95	0.96	-0.12	0.77	0.93	-0.44	0.98	0.97	0.82	0.28	0.9
Short Long Term Debt Total	0.69	0.63		-0.18	0.31	0.68	0.68	-0.07	0.56	0.32	0.71	-0.2	0.8	0.42	0.2	0.72	0.69	0.27	0.8	0.54	0.06	0.64	0.66	0.75	0.28	0.49
Other Current Liab	-0.43	-0.31	-0.18		-0.04	-0.42	-0.33	0.35	-0.35	-0.39	-0.42	0.54	-0.36	-0.35	0.06	-0.43	-0.43	0.3	-0.51	-0.33	0.27	-0.39	-0.35	-0.41	0.23	-0.34
Total Current Liabilities	0.62	0.68	0.31	-0.04		0.69	0.79	0.18	0.8	-0.07	0.65	-0.48	0.32	0.22	0.99	0.67	0.61	-0.1	0.61	0.7	-0.45	0.71	0.74	0.34	0.04	0.65
Total Stockholder Equity	0.99	0.97	0.68	-0.42	0.69		0.97	-0.3	0.96	0.48	0.99	-0.75	0.74	0.63	0.61	0.99	0.99	-0.1	0.86	0.93	-0.43	0.98	0.99	0.85	0.22	0.9
Property Plant And Equipment Net	0.94	0.92	0.68	-0.33	0.79	0.97		-0.19	0.93	0.38	0.95	-0.64	0.68	0.6	0.71	0.98	0.93	0.01	0.84	0.88	-0.38	0.93	0.97	0.77	0.18	0.83
Net Debt	-0.42	-0.28	-0.07	0.35	0.18	-0.3	-0.19		-0.16	-0.96	-0.29	0.37	-0.23	-0.86	0.22	-0.27	-0.43	-0.19	-0.12	-0.36	-0.18	-0.29	-0.27	-0.45	-0.38	-0.43
Retained Earnings	0.93	0.97	0.56	-0.35	0.8	0.96	0.93	-0.16		0.32	0.95	-0.76	0.65	0.49	0.74	0.94	0.92	-0.21	0.8	0.93	-0.54	0.97	0.96	0.74	0.15	0.88
Cash	0.59	0.46	0.32	-0.39	-0.07	0.48	0.38	-0.96	0.32		0.48	-0.42	0.41	0.92	-0.14	0.47	0.61	0.24	0.35	0.51	0.17	0.47	0.46	0.6	0.46	0.57
Non Current Assets Total	0.98	0.97	0.71	-0.42	0.65	0.99	0.95	-0.29	0.95	0.48		-0.69	0.77	0.63	0.57	0.99	0.98	-0.04	0.86	0.91	-0.37	0.98	0.98	0.85	0.18	0.86
Non Currrent Assets Other	-0.73	-0.74	-0.2	0.54	-0.48	-0.75	-0.64	0.37	-0.76	-0.42	-0.69		-0.34	-0.46	-0.42	-0.71	-0.73	0.64	-0.55	-0.75	0.79	-0.73	-0.72	-0.63	-0.2	-0.76
Other Assets	0.76	0.69	0.8	-0.36	0.32	0.74	0.68	-0.23	0.65	0.41	0.77	-0.34		0.47	0.23	0.75	0.76	0.13	0.72	0.65	-0.01	0.71	0.72	0.85	0.14	0.62
Cash And Short Term Investments	0.72	0.58	0.42	-0.35	0.22	0.63	0.6	-0.86	0.49	0.92	0.63	-0.46	0.47		0.15	0.63	0.73	0.32	0.49	0.61	0.08	0.59	0.62	0.65	0.36	0.63
Non Current Liabilities Total	0.53	0.61	0.2	0.06	0.99	0.61	0.71	0.22	0.74	-0.14	0.57	-0.42	0.23	0.15		0.59	0.52	-0.1	0.49	0.64	-0.44	0.64	0.67	0.25	0.04	0.59
Other Stockholder Equity	0.98	0.95	0.72	-0.43	0.67	0.99	0.98	-0.27	0.94	0.47	0.99	-0.71	0.75	0.63	0.59		0.98	-0.06	0.87	0.9	-0.4	0.96	0.98	0.85	0.2	0.86
Total Liab	1.0	0.96	0.69	-0.43	0.61	0.99	0.93	-0.43	0.92	0.61	0.98	-0.73	0.76	0.73	0.52	0.98		-0.03	0.83	0.94	-0.34	0.96	0.98	0.88	0.3	0.92
Total Current Assets	-0.04	-0.12	0.27	0.3	-0.1	-0.1	0.01	-0.19	-0.21	0.24	-0.04	0.64	0.13	0.32	-0.1	-0.06	-0.03		-0.02	-0.14	0.86	-0.1	-0.06	-0.09	0.1	-0.14
Short Term Debt	0.84	0.77	0.8	-0.51	0.61	0.86	0.84	-0.12	0.8	0.35	0.86	-0.55	0.72	0.49	0.49	0.87	0.83	-0.02		0.75	-0.26	0.83	0.83	0.72	0.09	0.71
Net Receivables	0.94	0.93	0.54	-0.33	0.7	0.93	0.88	-0.36	0.93	0.51	0.91	-0.75	0.65	0.61	0.64	0.9	0.94	-0.14	0.75		-0.4	0.95	0.96	0.79	0.39	0.99
Other Current Assets	-0.35	-0.44	0.06	0.27	-0.45	-0.43	-0.38	-0.18	-0.54	0.17	-0.37	0.79	-0.01	0.08	-0.44	-0.4	-0.34	0.86	-0.26	-0.4		-0.39	-0.4	-0.23	0.08	-0.35
Property Plant And Equipment Gross	0.97	0.98	0.64	-0.39	0.71	0.98	0.93	-0.29	0.97	0.47	0.98	-0.73	0.71	0.59	0.64	0.96	0.96	-0.1	0.83	0.95	-0.39		0.97	0.81	0.24	0.92
Common Stock Total Equity	0.98	0.97	0.66	-0.35	0.74	0.99	0.97	-0.27	0.96	0.46	0.98	-0.72	0.72	0.62	0.67	0.98	0.98	-0.06	0.83	0.96	-0.4	0.97		0.82	0.28	0.92
Common Stock	0.88	0.82	0.75	-0.41	0.34	0.85	0.77	-0.45	0.74	0.6	0.85	-0.63	0.85	0.65	0.25	0.85	0.88	-0.09	0.72	0.79	-0.23	0.81	0.82		0.29	0.78
Other Liab	0.29	0.28	0.28	0.23	0.04	0.22	0.18	-0.38	0.15	0.46	0.18	-0.2	0.14	0.36	0.04	0.2	0.3	0.1	0.09	0.39	0.08	0.24	0.28	0.29		0.45
Accounts Payable	0.92	0.9	0.49	-0.34	0.65	0.9	0.83	-0.43	0.88	0.57	0.86	-0.76	0.62	0.63	0.59	0.86	0.92	-0.14	0.71	0.99	-0.35	0.92	0.92	0.78	0.45

Click cells to compare fundamentals

First Horizon Account Relationship Matchups

First Horizon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Common Stock Shares Outstanding	315.7M	434.0M	551.2M	566.0M	561.7M	589.8M
Short Long Term Debt Total	3.6B	4.2B	3.7B	4.4B	4.0B	3.1B
Other Current Liab	(2.3B)	(2.2B)	(2.1B)	(2.5B)	17.7B	11.5B
Total Current Liabilities	2.3B	2.2B	2.1B	2.5B	20.3B	21.3B
Total Stockholder Equity	4.8B	8.0B	8.2B	8.3B	9.0B	9.4B
Property Plant And Equipment Net	455.0M	759M	665M	612M	899M	944.0M
Net Debt	1.9B	(5.7B)	(12.3B)	1.7B	1.7B	1.8B
Retained Earnings	1.8B	2.3B	2.9B	3.4B	4.0B	4.2B
Cash	1.1B	9.6B	16.1B	2.4B	1.0B	1.9B
Non Current Assets Total	7.8B	11.9B	13.5B	13.9B	13.7B	14.4B
Non Currrent Assets Other	(7.8B)	(11.9B)	(13.5B)	(13.9B)	(13.7B)	(13.0B)
Other Assets	29.9B	54.8B	50.8B	62.6B	58.5B	31.9B
Cash And Short Term Investments	5.6B	17.6B	24.8B	2.4B	9.4B	9.9B
Liabilities And Stockholders Equity	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Non Current Liabilities Total	791.4M	1.7B	1.6B	2.5B	72.4B	76.0B
Other Stockholder Equity	2.9B	5.1B	4.7B	4.8B	5.4B	5.6B
Total Liab	38.2B	75.9B	80.6B	70.4B	72.4B	76.0B
Total Current Assets	5.6B	17.6B	24.8B	2.4B	9.4B	18.0B
Short Term Debt	2.3B	2.2B	2.1B	2.5B	2.5B	2.7B
Net Receivables	68.7M	38.9M	40.1M	57.3B	65.9B	69.2B
Other Current Assets	3.2B	11.4B	18.4B	4.5B	4.8B	4.5B
Property Plant And Equipment Gross	455.0M	759M	1.1B	1.1B	1.1B	1.2B
Common Stock Total Equity	194.7M	347M	333M	336M	386.4M	405.7M
Accumulated Other Comprehensive Income	(239.6M)	(140M)	(288M)	(1.4B)	(1.2B)	(1.1B)
Common Stock	194.7M	347M	333M	336M	349M	176.3M
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	1.4B	2.0B	1.6B	1.6B	1.2B	1.8B
Good Will	1.4B	1.4B	1.4B	1.5B	1.5B	1.6B
Short Term Investments	4.4B	8.0B	8.7B	10.0B	8.4B	8.8B
Inventory	(3.2B)	20M	10M	11M	9.9M	9.4M
Intangible Assets	130.2M	354M	298M	234M	186M	176.7M
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

Pair Trading with First Horizon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Horizon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Horizon will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.96	AX	Axos Financial	Pair Corr
0.87	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.61	KB	KB Financial Group	Pair Corr

Moving against First Stock

0.71	CFG-PE	Citizens Financial	Pair Corr
0.65	TFC-PO	Truist Financial	Pair Corr
0.64	TFC-PR	Truist Financial	Pair Corr
0.31	WF	Woori Financial Group	Pair Corr

The ability to find closely correlated positions to First Horizon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Horizon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Horizon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Horizon National to buy it.

The correlation of First Horizon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Horizon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Horizon National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Horizon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Tools for First Stock

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

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