First Interest Coverage from 2010 to 2026

FMBH Stock  USD 42.10  0.65  1.57%   
First Mid's Interest Coverage is decreasing with slightly volatile movements from year to year. Interest Coverage is predicted to flatten to 0.69. For the period between 2010 and 2026, First Mid, Interest Coverage quarterly trend regression had mean deviation of  2.16 and range of 7.4607. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
0.73
Current Value
0.69
Quarterly Volatility
2.64996248
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check First Mid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Mid's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.1 M, Interest Expense of 155.3 M or Selling General Administrative of 154.1 M, as well as many indicators such as Price To Sales Ratio of 1.84, Dividend Yield of 0.0172 or PTB Ratio of 1.41. First financial statements analysis is a perfect complement when working with First Mid Valuation or Volatility modules.
  
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Check out the analysis of First Mid Correlation against competitors.
The Interest Coverage trend for First Mid Illinois offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether First Mid is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest First Mid's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of First Mid Illinois over the last few years. It is First Mid's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Mid's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

First Interest Coverage Regression Statistics

Arithmetic Mean3.67
Geometric Mean2.57
Coefficient Of Variation72.20
Mean Deviation2.16
Median3.57
Standard Deviation2.65
Sample Variance7.02
Range7.4607
R-Value(0.44)
Mean Square Error6.05
R-Squared0.19
Significance0.08
Slope(0.23)
Total Sum of Squares112.36

First Interest Coverage History

2026 0.69
2025 0.73
2024 0.81
2023 0.83
2022 2.89
2021 4.38
2020 3.57

About First Mid Financial Statements

Investors use fundamental indicators, such as First Mid's Interest Coverage, to determine how well the company is positioned to perform in the future. Although First Mid's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Interest Coverage 0.73  0.69 

Currently Active Assets on Macroaxis

When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid'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 Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:
Check out the analysis of First Mid Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is there potential for Regional Banks market expansion? Will First introduce new products? Factors like these will boost the valuation of First Mid. Market participants price First higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about First Mid 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
0.238
Earnings Share
3.83
Revenue Per Share
14.212
Quarterly Revenue Growth
0.051
Return On Assets
0.0118
First Mid Illinois's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Mid's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since First Mid's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between First Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid'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.