First Other Operating Expenses vs Selling General Administrative Analysis
FCCO Stock | USD 25.68 0.36 1.42% |
First Community financial indicator trend analysis is much more than just examining First Community latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Community is a good investment. Please check the relationship between First Community Other Operating Expenses and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in First Stock, please use our How to Invest in First Community guide.
Other Operating Expenses vs Selling General Administrative
Other Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Community Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between First Community's Other Operating Expenses and Selling General Administrative is 0.12. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of First Community, assuming nothing else is changed. The correlation between historical values of First Community's Other Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of First Community are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., First Community's Other Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Community. It is also known as First Community overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Selling General Administrative
Most indicators from First Community's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Community 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 Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in First Stock, please use our How to Invest in First Community guide.At this time, First Community's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Tax Provision is likely to grow to about 3.3 M, while Issuance Of Capital Stock is likely to drop about 343.5 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.2M | 3.2M | 23.8M | 25.0M | Depreciation And Amortization | 1.9M | 1.8M | 158K | 150.1K |
First Community fundamental ratios Correlations
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First Community Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Community fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.4B | 1.6B | 1.7B | 1.8B | 1.9B | |
Short Long Term Debt Total | 18.4M | 18.1M | 17.9M | 67.8M | 167.8M | 176.2M | |
Total Stockholder Equity | 120.2M | 136.3M | 141.0M | 118.4M | 131.1M | 66.4M | |
Property Plant And Equipment Net | 38.2M | 37.5M | 35.7M | 34.0M | 33.8M | 21.4M | |
Net Debt | (29.3M) | (46.9M) | (51.1M) | 30.4M | 234.6M | 246.3M | |
Retained Earnings | 19.9M | 26.5M | 38.3M | 49.0M | 56.3M | 59.1M | |
Cash | 47.7M | 65.0M | 69.0M | 37.4M | (66.8M) | (63.4M) | |
Non Current Assets Total | 343.1M | 415.2M | 617.9M | 614.1M | 1.8B | 1.8B | |
Non Currrent Assets Other | (3.2M) | (4.1M) | (4.4M) | (13.2M) | 1.7B | 1.8B | |
Other Assets | 492.7M | 555.4M | 332.8M | 689.6M | 1.4M | 1.3M | |
Cash And Short Term Investments | 334.5M | 424.9M | 633.9M | 369.3M | (66.8M) | (63.4M) | |
Common Stock Total Equity | 7.4M | 7.5M | 7.5M | 7.6M | 8.7M | 4.4M | |
Common Stock Shares Outstanding | 7.6M | 7.5M | 7.5M | 7.6M | 7.6M | 4.5M | |
Liabilities And Stockholders Equity | 1.2B | 1.4B | 1.6B | 1.7B | 1.8B | 1.9B | |
Non Current Liabilities Total | 18.4M | 18.1M | 17.9M | 1.0B | 105.0M | 76.6M | |
Other Stockholder Equity | 90.3M | 91.1M | 91.8M | 94.1M | 93.2M | 55.9M | |
Total Liab | 1.1B | 1.3B | 1.4B | 1.6B | 1.7B | 1.8B | |
Property Plant And Equipment Gross | 38.2M | 37.5M | 49.6M | 49.2M | 50.0M | 52.5M | |
Total Current Assets | 334.5M | 424.9M | 633.9M | 369.3M | 66.8M | 63.4M | |
Accumulated Other Comprehensive Income | 2.5M | 11.3M | 3.3M | (32.4M) | (26.0M) | (24.7M) | |
Common Stock | 7.4M | 7.5M | 7.5M | 7.6M | 7.6M | 4.5M | |
Other Liab | 9.0M | 13.8M | 13.0M | 9.4M | 10.8M | 6.6M | |
Accounts Payable | 988.2M | 1.2B | 1.4B | 1.4B | 1.6B | 1.7B | |
Short Term Investments | 286.8M | 359.9M | 564.8M | 331.9M | 282.2M | 268.1M | |
Property Plant Equipment | 35.0M | 34.5M | 32.8M | 31.3M | 36.0M | 24.1M | |
Other Current Assets | 49.7M | 66.8M | 70.2M | 38.3M | 66.8M | 63.4M | |
Intangible Assets | 1.5M | 1.1M | 919K | 761K | 604K | 573.8K | |
Total Current Liabilities | 3.3M | 1.4B | 3.0M | 9.5M | 62.9M | 59.7M | |
Inventory | 1.4M | 1.2M | 1.2M | 934K | 840.6K | 798.6K | |
Other Current Liab | 1.0B | 1.1B | 1.4B | 1.4B | 1.4B | 991.0M | |
Net Tangible Assets | 104.1M | 120.6M | 125.4M | 103.0M | 118.4M | 91.2M | |
Retained Earnings Total Equity | 19.9M | 26.5M | 38.3M | 49.0M | 56.4M | 59.2M | |
Capital Surpluse | 90.5M | 91.4M | 92.1M | 92.7M | 106.6M | 87.7M | |
Long Term Investments | 741.6M | 878.8M | 859.6M | 1.2B | 506.2M | 589.4M | |
Non Current Liabilities Other | 46.9M | 54.7M | 67.3M | 32.2M | 29.0M | 41.9M |
Pair Trading with First Community
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 Community 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 Community will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
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0.6 | TFC-PO | Truist Financial | PairCorr |
0.58 | TFC-PR | Truist Financial | PairCorr |
0.41 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to First Community 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 Community 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 Community - 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 Community to buy it.
The correlation of First Community 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 Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Community 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 Community 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in First Stock, please use our How to Invest in First Community guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 Community. 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 Community 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 1.174 | Dividend Share 0.58 | Earnings Share 1.71 | Revenue Per Share 8.25 | Quarterly Revenue Growth 0.26 |
The market value of First Community 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 Community's value that differs from its market value or its book value, called intrinsic value, which is First Community'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 Community's market value can be influenced by many factors that don't directly affect First Community'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 Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community'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.