First Interest Expense vs Operating Income Analysis

FFIN Stock

USD 43.05 0.28 0.65%

First Financial financial indicator trend analysis is much more than just examining First Financial Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Financial Bank is a good investment. Please check the relationship between First Financial Interest Expense and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in First Stock, please use our How to Invest in First Financial guide.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Financial Bank Interest Expense account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.

The correlation between First Financial's Interest Expense and Operating Income is 0.17. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of First Financial Bankshares, assuming nothing else is changed. The correlation between historical values of First Financial's Interest Expense 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 Interest Expense of First Financial Bankshares 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 Interest Expense i.e., First Financial's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from First Financial Bank 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 First Financial Bankshares 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 Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Financial Bank 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 Financial Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in First Stock, please use our How to Invest in First Financial guide.At this time, First Financial's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.33, while Tax Provision is likely to drop about 39.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	6.0M	31.4M	144.3M	151.5M
Depreciation And Amortization	12.1M	22.0M	912K	866.4K

Interest Expense Depreciation And Amortization

First Financial fundamental ratios Correlations

	Total Assets	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	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Common Stock Total Equity	Short Term Debt	Common Stock	Other Liab	Accounts Payable	Good Will
Total Assets		0.95	0.74	-0.27	0.98	0.74	0.97	-0.87	-0.38	0.95	-0.48	0.99	0.49	0.96	0.79	0.25	0.75	0.19	0.47	-0.41	-0.5	0.61	-0.5	0.37	0.19	0.98
Total Stockholder Equity	0.95		0.77	-0.29	0.91	0.82	0.95	-0.86	-0.41	0.94	-0.48	0.96	0.23	0.84	0.81	0.17	0.72	0.23	0.21	-0.39	-0.5	0.59	-0.5	0.52	0.26	0.94
Property Plant And Equipment Net	0.74	0.77		0.16	0.67	0.49	0.78	-0.56	-0.07	0.8	-0.61	0.76	0.23	0.63	0.94	0.3	0.66	0.58	0.15	-0.61	-0.67	0.8	-0.67	0.32	0.11	0.66
Net Debt	-0.27	-0.29	0.16		-0.36	-0.61	-0.14	0.32	0.31	-0.09	-0.07	-0.28	-0.21	-0.28	0.17	0.22	0.09	0.81	-0.23	-0.21	-0.09	0.51	-0.09	-0.21	0.09	-0.4
Retained Earnings	0.98	0.91	0.67	-0.36		0.69	0.92	-0.88	-0.42	0.89	-0.37	0.96	0.54	0.96	0.69	0.13	0.72	0.04	0.51	-0.37	-0.38	0.49	-0.38	0.24	0.11	0.98
Cash	0.74	0.82	0.49	-0.61	0.69		0.71	-0.68	-0.37	0.7	-0.44	0.79	0.13	0.62	0.57	0.24	0.43	-0.04	0.2	-0.2	-0.45	0.27	-0.45	0.73	0.23	0.79
Non Current Assets Total	0.97	0.95	0.78	-0.14	0.92	0.71		-0.89	-0.42	0.97	-0.46	0.96	0.34	0.93	0.87	0.26	0.77	0.34	0.37	-0.41	-0.49	0.69	-0.49	0.46	0.37	0.93
Non Currrent Assets Other	-0.87	-0.86	-0.56	0.32	-0.88	-0.68	-0.89		0.77	-0.85	0.13	-0.86	-0.18	-0.85	-0.68	-0.11	-0.66	-0.1	-0.4	0.28	0.16	-0.4	0.16	-0.48	-0.39	-0.89
Other Assets	-0.38	-0.41	-0.07	0.31	-0.42	-0.37	-0.42	0.77		-0.38	-0.36	-0.38	0.25	-0.38	-0.23	0.09	-0.25	0.11	-0.22	0.01	-0.34	0.04	-0.34	-0.43	-0.42	-0.45
Cash And Short Term Investments	0.95	0.94	0.8	-0.09	0.89	0.7	0.97	-0.85	-0.38		-0.44	0.93	0.31	0.88	0.88	0.27	0.77	0.39	0.31	-0.58	-0.48	0.72	-0.48	0.42	0.37	0.9
Common Stock Shares Outstanding	-0.48	-0.48	-0.61	-0.07	-0.37	-0.44	-0.46	0.13	-0.36	-0.44		-0.52	-0.33	-0.39	-0.54	-0.55	-0.21	-0.4	-0.24	0.38	1.0	-0.6	1.0	-0.3	0.07	-0.36
Other Stockholder Equity	0.99	0.96	0.76	-0.28	0.96	0.79	0.96	-0.86	-0.38	0.93	-0.52		0.44	0.92	0.8	0.27	0.74	0.22	0.44	-0.38	-0.54	0.62	-0.54	0.44	0.16	0.98
Total Liab	0.49	0.23	0.23	-0.21	0.54	0.13	0.34	-0.18	0.25	0.31	-0.33	0.44		0.62	0.15	0.21	0.34	-0.19	0.75	-0.16	-0.31	0.22	-0.31	-0.39	-0.39	0.48
Property Plant And Equipment Gross	0.96	0.84	0.63	-0.28	0.96	0.62	0.93	-0.85	-0.38	0.88	-0.39	0.92	0.62		0.7	0.24	0.71	0.09	0.6	-0.35	-0.4	0.54	-0.4	0.22	0.23	0.94
Total Current Assets	0.79	0.81	0.94	0.17	0.69	0.57	0.87	-0.68	-0.23	0.88	-0.54	0.8	0.15	0.7		0.37	0.69	0.64	0.17	-0.54	-0.6	0.84	-0.6	0.5	0.39	0.71
Other Current Liab	0.25	0.17	0.3	0.22	0.13	0.24	0.26	-0.11	0.09	0.27	-0.55	0.27	0.21	0.24	0.37		0.21	0.45	0.41	-0.23	-0.55	0.59	-0.55	0.41	0.09	0.19
Total Current Liabilities	0.75	0.72	0.66	0.09	0.72	0.43	0.77	-0.66	-0.25	0.77	-0.21	0.74	0.34	0.71	0.69	0.21		0.42	0.12	-0.35	-0.24	0.71	-0.24	0.2	0.16	0.74
Short Long Term Debt Total	0.19	0.23	0.58	0.81	0.04	-0.04	0.34	-0.1	0.11	0.39	-0.4	0.22	-0.19	0.09	0.64	0.45	0.42		-0.16	-0.42	-0.44	0.84	-0.44	0.29	0.29	0.06
Non Current Liabilities Total	0.47	0.21	0.15	-0.23	0.51	0.2	0.37	-0.4	-0.22	0.31	-0.24	0.44	0.75	0.6	0.17	0.41	0.12	-0.16		-0.15	-0.23	0.14	-0.23	-0.09	-0.19	0.46
Other Current Assets	-0.41	-0.39	-0.61	-0.21	-0.37	-0.2	-0.41	0.28	0.01	-0.58	0.38	-0.38	-0.16	-0.35	-0.54	-0.23	-0.35	-0.42	-0.15		0.41	-0.53	0.41	0.03	-0.14	-0.31
Common Stock Total Equity	-0.5	-0.5	-0.67	-0.09	-0.38	-0.45	-0.49	0.16	-0.34	-0.48	1.0	-0.54	-0.31	-0.4	-0.6	-0.55	-0.24	-0.44	-0.23	0.41		-0.64	1.0	-0.33	0.05	-0.38
Short Term Debt	0.61	0.59	0.8	0.51	0.49	0.27	0.69	-0.4	0.04	0.72	-0.6	0.62	0.22	0.54	0.84	0.59	0.71	0.84	0.14	-0.53	-0.64		-0.64	0.3	0.24	0.51
Common Stock	-0.5	-0.5	-0.67	-0.09	-0.38	-0.45	-0.49	0.16	-0.34	-0.48	1.0	-0.54	-0.31	-0.4	-0.6	-0.55	-0.24	-0.44	-0.23	0.41	1.0	-0.64		-0.33	0.05	-0.38
Other Liab	0.37	0.52	0.32	-0.21	0.24	0.73	0.46	-0.48	-0.43	0.42	-0.3	0.44	-0.39	0.22	0.5	0.41	0.2	0.29	-0.09	0.03	-0.33	0.3	-0.33		0.48	0.39
Accounts Payable	0.19	0.26	0.11	0.09	0.11	0.23	0.37	-0.39	-0.42	0.37	0.07	0.16	-0.39	0.23	0.39	0.09	0.16	0.29	-0.19	-0.14	0.05	0.24	0.05	0.48		0.15
Good Will	0.98	0.94	0.66	-0.4	0.98	0.79	0.93	-0.89	-0.45	0.9	-0.36	0.98	0.48	0.94	0.71	0.19	0.74	0.06	0.46	-0.31	-0.38	0.51	-0.38	0.39	0.15

Click cells to compare fundamentals

First Financial Account Relationship Matchups

First Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.3B	10.9B	13.1B	13.0B	13.1B	13.8B
Total Stockholder Equity	1.2B	1.7B	1.8B	1.3B	1.5B	1.6B
Property Plant And Equipment Net	131.0M	142.3M	149.8M	153.0M	151.8M	86.2M
Net Debt	101.9M	(299.0M)	142.6M	311.8M	(515.5M)	(489.8M)
Retained Earnings	707.7M	836.7M	981.7M	1.1B	1.2B	1.3B
Cash	279.5M	729.1M	528.6M	330.7M	536.6M	563.4M
Non Current Assets Total	3.7B	4.9B	7.0B	5.9B	5.2B	5.5B
Non Currrent Assets Other	(3.7B)	(4.9B)	(7.0B)	(5.9B)	(5.2B)	(4.9B)
Other Assets	851.5M	928.7M	(1.0B)	1.2B	2.9B	4.2B
Cash And Short Term Investments	3.7B	5.1B	7.1B	5.8B	5.0B	5.3B
Common Stock Shares Outstanding	136.3M	142.5M	143.1M	143.2M	142.9M	112.0M
Liabilities And Stockholders Equity	8.3B	10.9B	13.1B	13.0B	13.1B	13.8B
Other Stockholder Equity	450.7M	660.5M	666.8M	677.6M	669.4M	702.9M
Total Liab	381.4M	430.1M	671.2M	11.7B	11.6B	12.2B
Property Plant And Equipment Gross	131.0M	142.3M	257.8M	268.7M	272.5M	286.1M
Total Current Assets	3.7B	5.1B	7.1B	5.8B	5.0B	2.7B
Other Current Liab	2.1B	3.4B	3.8B	4.1B	3.5B	3.0B
Total Current Liabilities	2.5B	3.4B	4.5B	4.7B	3.5B	3.7B
Accumulated Other Comprehensive Income	67.5M	170.4M	99.3M	(535.2M)	(391.4M)	(371.9M)
Short Long Term Debt Total	381.4M	430.1M	671.2M	642.5M	21.1M	20.0M
Non Current Liabilities Total	381.4M	430.1M	671.2M	11.7B	7.8B	7.4B
Other Current Assets	282.6M	729.1M	531.1M	330.7M	537.1M	879.2M
Common Stock Total Equity	1.4M	1.4M	1.4M	1.4M	1.3M	1.2M
Short Term Debt	381.4M	430.1M	650.1M	621.5M	383.0M	332.0M
Common Stock	1.4M	1.4M	1.4M	1.4M	1.3M	1.2M
Other Liab	33.4M	120.4M	105.6M	36.0M	41.4M	41.1M
Accounts Payable	16.3M	14.6M	10.6B	24.3M	21.9M	20.8M
Short Term Investments	3.4B	4.4B	6.6B	5.5B	4.7B	4.5B
Inventory	577K	1.0M	142K	2.5M	2.2M	2.1M
Intangible Assets	2.1M	4.9M	3.3M	2.1M	314.6M	298.9M
Property Plant Equipment	131.0M	142.3M	149.8M	153.0M	175.9M	97.1M
Net Tangible Assets	1.1B	1.4B	1.4B	950.2M	1.1B	861.9M
Long Term Debt	381.4M	430.1M	671.2M	642.5M	21.1M	20.0M
Retained Earnings Total Equity	707.7M	836.7M	981.7M	1.1B	1.3B	1.4B
Capital Surpluse	450.7M	669.6M	676.9M	677.6M	779.2M	463.2M
Long Term Investments	7.6B	9.6B	6.6B	5.5B	4.7B	3.4B
Non Current Liabilities Other	33.6M	101.9M	84.2M	36.0M	41.4M	50.3M

Pair Trading with First Financial

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 Financial 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 Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.91	AX	Axos Financial	Pair Corr
0.9	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.94	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against First Stock

0.36

Woori Financial Group

Pair Corr

The ability to find closely correlated positions to First Financial 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 Financial 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 Financial - 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 Financial Bankshares to buy it.

The correlation of First Financial 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 Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Financial Bank 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 Financial 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

When determining whether First Financial Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial'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 Financial Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bankshares Stock:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Financial's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in First Stock, please use our How to Invest in First Financial guide.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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 Financial. 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 Financial 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

0.115

Dividend Share

0.72

Earnings Share

1.45

Revenue Per Share

3.574

Quarterly Revenue Growth

0.112

The market value of First Financial Bank 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial'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 Financial's market value can be influenced by many factors that don't directly affect First Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

First Interest Expense vs Operating Income Analysis

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Expense

Operating Income

First Financial fundamental ratios Correlations

First Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Financial fundamental ratios Accounts

Pair Trading with First Financial

Moving together with First Stock

Moving against First Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.98	Total Assets
Good Will	+ 0.98	Total Assets

Good Will	- 0.89	Non Currrent Assets Other
Non Currrent Assets Other	- 0.89	Non Current Assets Total
Non Currrent Assets Other	- 0.88	Retained Earnings
Non Currrent Assets Other	- 0.87	Total Assets
Other Stockholder Equity	- 0.86	Non Currrent Assets Other
Non Currrent Assets Other	- 0.86	Total Stockholder Equity