| FBMS Stock | | | USD 38.22 0.57 1.51% |
First Bancshares, financial indicator trend analysis is much more than just examining First Bancshares, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancshares, is a good investment. Please check the relationship between First Bancshares, Ebitda and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The 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 population.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Bancshares, Ebitda account and
Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Bancshares,'s Ebitda and Operating Income is -0.55. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of The First Bancshares,, assuming nothing else is changed. The correlation between historical values of First Bancshares,'s Ebitda and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of The First Bancshares, are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., First Bancshares,'s Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Ebitda
Operating Income
Operating Income is the amount of profit realized from First Bancshares, operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of The First Bancshares, is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from First Bancshares,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The 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 population.
At this time, First Bancshares,'s
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 740.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 12
M in 2024.
First Bancshares, fundamental ratios Correlations
Click cells to compare fundamentals
First Bancshares, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Bancshares, fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for First Stock Analysis
When running First Bancshares,'s price analysis, check to
measure First Bancshares,'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 Bancshares, is operating at the current time. Most of First Bancshares,'s value examination focuses on studying past and present price action to
predict the probability of First Bancshares,'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 Bancshares,'s price. Additionally, you may evaluate how the addition of First Bancshares, to your portfolios can decrease your overall portfolio volatility.