SFST Stock | | | USD 43.48 1.18 2.79% |
Southern First financial indicator trend analysis is much more than just breaking down Southern First Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern First Bancshares is a good investment. Please check the relationship between Southern First Property Plant And Equipment Net and its Common Stock Total Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Southern 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 state.
Property Plant And Equipment Net vs Common Stock Total Equity
Property Plant And Equipment Net vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southern First Bancshares Property Plant And Equipment Net account and
Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Southern First's Property Plant And Equipment Net and Common Stock Total Equity is 0.64. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Southern First Bancshares, assuming nothing else is changed. The correlation between historical values of Southern First's Property Plant And Equipment Net and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Southern First Bancshares are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Property Plant And Equipment Net i.e., Southern First's Property Plant And Equipment Net and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Southern First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Southern 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 state.
At this time, Southern First's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 27.47 in 2024, whereas
Tax Provision is likely to drop slightly above 3.8
M in 2024.
Southern First fundamental ratios Correlations
Click cells to compare fundamentals
Southern First Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern First fundamental ratios Accounts
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