First Gross Profit vs Income Before Tax Analysis

FGBI Stock

USD 14.31 0.81 6.00%

First Guaranty financial indicator trend analysis is much more than just examining First Guaranty Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Guaranty Bancshares is a good investment. Please check the relationship between First Guaranty Gross Profit and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Guaranty 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 bureau of labor statistics.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Guaranty Bancshares Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between First Guaranty's Gross Profit and Income Before Tax is -0.06. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of First Guaranty Bancshares, assuming nothing else is changed. The correlation between historical values of First Guaranty's Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of First Guaranty Bancshares are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., First Guaranty's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Guaranty Bancshares minus its cost of goods sold. It is profit before First Guaranty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on First Guaranty income statement and is an important metric when analyzing First Guaranty Bancshares profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from First Guaranty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Guaranty 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 First Guaranty 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 bureau of labor statistics.

As of now, First Guaranty's Enterprise Value Multiple is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Interest Expense	22.3M	36.5M	98.3M	103.2M
Depreciation And Amortization	4.2M	3.1M	4.0M	2.7M

Interest Expense Depreciation And Amortization

First Guaranty fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.68	0.44	0.99	0.93	-0.11	0.8	0.58	0.67	-0.36	-0.47	0.46	0.03	0.64	0.82	0.95	0.8	-0.6	0.44	-0.37	0.94	1.0	0.85	-0.49	0.67	0.65
Short Long Term Debt Total	0.68		0.89	0.63	0.63	0.22	0.61	0.91	0.69	-0.72	-0.32	0.39	-0.19	0.91	0.81	0.66	0.71	-0.8	0.89	-0.23	0.63	0.68	0.88	-0.62	0.79	0.37
Total Current Liabilities	0.44	0.89		0.41	0.36	0.13	0.36	0.93	0.66	-0.73	-0.1	0.49	-0.15	0.79	0.59	0.41	0.49	-0.67	1.0	-0.12	0.35	0.44	0.72	-0.57	0.49	0.09
Total Stockholder Equity	0.99	0.63	0.41		0.89	-0.14	0.78	0.55	0.65	-0.25	-0.47	0.5	0.09	0.62	0.79	0.91	0.78	-0.5	0.41	-0.41	0.91	0.98	0.83	-0.47	0.64	0.64
Property Plant And Equipment Net	0.93	0.63	0.36	0.89		-0.18	0.63	0.59	0.68	-0.45	-0.51	0.23	0.01	0.5	0.87	0.97	0.87	-0.64	0.36	-0.27	0.98	0.93	0.8	-0.46	0.58	0.85
Net Debt	-0.11	0.22	0.13	-0.14	-0.18		0.1	0.0	-0.55	0.05	0.04	0.05	-0.45	0.39	-0.13	-0.08	-0.07	-0.06	0.13	0.03	-0.11	-0.11	-0.05	0.05	0.37	-0.29
Retained Earnings	0.8	0.61	0.36	0.78	0.63	0.1		0.36	0.46	-0.24	-0.12	0.52	0.11	0.68	0.56	0.71	0.57	-0.54	0.36	-0.29	0.69	0.8	0.67	-0.24	0.72	0.22
Accounts Payable	0.58	0.91	0.93	0.55	0.59	0.0	0.36		0.78	-0.77	-0.3	0.32	-0.16	0.76	0.8	0.57	0.68	-0.72	0.93	-0.21	0.54	0.58	0.83	-0.69	0.55	0.41
Cash	0.67	0.69	0.66	0.65	0.68	-0.55	0.46	0.78		-0.65	-0.31	0.29	0.17	0.49	0.79	0.63	0.67	-0.64	0.66	-0.22	0.62	0.67	0.79	-0.57	0.4	0.54
Non Current Assets Total	-0.36	-0.72	-0.73	-0.25	-0.45	0.05	-0.24	-0.77	-0.65		0.19	0.0	0.37	-0.55	-0.6	-0.42	-0.47	0.89	-0.73	-0.1	-0.4	-0.37	-0.63	0.51	-0.42	-0.29
Non Currrent Assets Other	-0.47	-0.32	-0.1	-0.47	-0.51	0.04	-0.12	-0.3	-0.31	0.19		0.32	0.17	-0.32	-0.64	-0.38	-0.27	0.3	-0.1	0.66	-0.41	-0.47	-0.49	0.77	-0.49	-0.68
Other Assets	0.46	0.39	0.49	0.5	0.23	0.05	0.52	0.32	0.29	0.0	0.32		0.2	0.43	0.08	0.38	0.32	-0.08	0.49	0.07	0.33	0.46	0.33	0.1	0.22	-0.19
Cash And Short Term Investments	0.03	-0.19	-0.15	0.09	0.01	-0.45	0.11	-0.16	0.17	0.37	0.17	0.2		-0.28	-0.04	0.01	-0.09	0.31	-0.14	-0.37	0.02	0.03	-0.1	0.19	-0.3	0.02
Net Receivables	0.64	0.91	0.79	0.62	0.5	0.39	0.68	0.76	0.49	-0.55	-0.32	0.43	-0.28		0.67	0.54	0.55	-0.71	0.78	-0.3	0.51	0.64	0.82	-0.57	0.89	0.2
Good Will	0.82	0.81	0.59	0.79	0.87	-0.13	0.56	0.8	0.79	-0.6	-0.64	0.08	-0.04	0.67		0.82	0.81	-0.74	0.59	-0.45	0.82	0.82	0.92	-0.75	0.67	0.79
Common Stock Total Equity	0.95	0.66	0.41	0.91	0.97	-0.08	0.71	0.57	0.63	-0.42	-0.38	0.38	0.01	0.54	0.82		0.88	-0.64	0.41	-0.2	1.0	0.95	0.81	-0.37	0.57	0.72
Common Stock Shares Outstanding	0.8	0.71	0.49	0.78	0.87	-0.07	0.57	0.68	0.67	-0.47	-0.27	0.32	-0.09	0.55	0.81	0.88		-0.59	0.5	0.01	0.88	0.8	0.81	-0.31	0.55	0.72
Short Term Investments	-0.6	-0.8	-0.67	-0.5	-0.64	-0.06	-0.54	-0.72	-0.64	0.89	0.3	-0.08	0.31	-0.71	-0.74	-0.64	-0.59		-0.67	0.04	-0.63	-0.6	-0.81	0.5	-0.64	-0.41
Non Current Liabilities Total	0.44	0.89	1.0	0.41	0.36	0.13	0.36	0.93	0.66	-0.73	-0.1	0.49	-0.14	0.78	0.59	0.41	0.5	-0.67		-0.12	0.35	0.44	0.72	-0.57	0.48	0.09
Other Current Assets	-0.37	-0.23	-0.12	-0.41	-0.27	0.03	-0.29	-0.21	-0.22	-0.1	0.66	0.07	-0.37	-0.3	-0.45	-0.2	0.01	0.04	-0.12		-0.19	-0.37	-0.32	0.68	-0.34	-0.28
Other Stockholder Equity	0.94	0.63	0.35	0.91	0.98	-0.11	0.69	0.54	0.62	-0.4	-0.41	0.33	0.02	0.51	0.82	1.0	0.88	-0.63	0.35	-0.19		0.94	0.8	-0.35	0.56	0.77
Total Liab	1.0	0.68	0.44	0.98	0.93	-0.11	0.8	0.58	0.67	-0.37	-0.47	0.46	0.03	0.64	0.82	0.95	0.8	-0.6	0.44	-0.37	0.94		0.85	-0.49	0.67	0.66
Property Plant And Equipment Gross	0.85	0.88	0.72	0.83	0.8	-0.05	0.67	0.83	0.79	-0.63	-0.49	0.33	-0.1	0.82	0.92	0.81	0.81	-0.81	0.72	-0.32	0.8	0.85		-0.65	0.73	0.59
Total Current Assets	-0.49	-0.62	-0.57	-0.47	-0.46	0.05	-0.24	-0.69	-0.57	0.51	0.77	0.1	0.19	-0.57	-0.75	-0.37	-0.31	0.5	-0.57	0.68	-0.35	-0.49	-0.65		-0.51	-0.43
Short Term Debt	0.67	0.79	0.49	0.64	0.58	0.37	0.72	0.55	0.4	-0.42	-0.49	0.22	-0.3	0.89	0.67	0.57	0.55	-0.64	0.48	-0.34	0.56	0.67	0.73	-0.51		0.37
Intangible Assets	0.65	0.37	0.09	0.64	0.85	-0.29	0.22	0.41	0.54	-0.29	-0.68	-0.19	0.02	0.2	0.79	0.72	0.72	-0.41	0.09	-0.28	0.77	0.66	0.59	-0.43	0.37

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First Guaranty Account Relationship Matchups

First Guaranty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.5B	2.9B	3.2B	3.6B	2.0B
Short Long Term Debt Total	79.9M	110.5M	43.2M	176.9M	275.4M	289.2M
Total Current Liabilities	19.1M	55.3M	7.7M	144.3M	2.6B	2.7B
Total Stockholder Equity	166.0M	178.6M	223.9M	235.0M	249.6M	157.7M
Property Plant And Equipment Net	55.7M	59.9M	58.6M	58.2M	69.8M	36.8M
Net Debt	13.4M	(188.4M)	(218.6M)	94.1M	(17.0M)	(17.9M)
Retained Earnings	43.3M	57.4M	56.7M	76.4M	68.0M	54.9M
Accounts Payable	6.0M	5.3M	4.5M	4.3M	11.8M	12.4M
Cash	66.5M	298.9M	261.7M	82.8M	286.1M	300.4M
Non Current Assets Total	503.4M	317.9M	441.6M	527.6M	100.4M	95.4M
Non Currrent Assets Other	(503.4M)	(317.9M)	(441.6M)	(527.6M)	(100.4M)	(105.4M)
Other Assets	1.2B	1.6B	2.0B	2.1B	3.2B	2.1B
Cash And Short Term Investments	406.9M	537.5M	472.4M	214.3M	286.5M	361.7M
Net Receivables	8.4M	11.9M	12.0M	328.1M	299.7M	314.7M
Common Stock Shares Outstanding	10.7M	10.7M	10.7M	10.7M	11.2M	10.9M
Short Term Investments	340.4M	238.5M	210.6M	131.5M	341K	324.0K
Liabilities And Stockholders Equity	2.1B	2.5B	2.9B	3.2B	3.6B	2.0B
Non Current Liabilities Total	66.8M	60.5M	40.0M	144.3M	3.3B	3.5B
Other Current Assets	80.7M	313.8M	276.1M	96.3M	303.4M	350.1M
Total Liab	2.0B	2.3B	2.7B	2.9B	3.3B	1.8B
Property Plant And Equipment Gross	56.5M	59.9M	100.2M	102.7M	117.0M	122.9M
Total Current Assets	415.4M	549.4M	484.4M	542.3M	286.5M	272.1M
Accumulated Other Comprehensive Income	2.2M	647K	(6.6M)	(15.2M)	(13.0M)	(12.3M)
Short Term Debt	13.1M	50M	3.2M	140M	70.3M	73.8M
Intangible Assets	7.2M	6.6M	5.9M	5.0M	4.3M	3.7M
Other Liab	5.4M	6.0M	3.6M	4.9M	5.6M	4.3M
Long Term Debt	66.8M	60.5M	40.0M	36.9M	209.1M	219.6M
Inventory	(80.7M)	(313.8M)	(276.1M)	(98.8M)	270.4M	283.9M
Property Plant Equipment	56.5M	59.9M	58.6M	58.2M	66.9M	39.9M
Other Current Liab	(19.1M)	(55.3M)	(4.5M)	(144.3M)	2.5B	2.6B
Net Tangible Assets	146.6M	159.9M	172.0M	184.1M	211.7M	155.7M
Retained Earnings Total Equity	43.3M	57.4M	56.7M	76.4M	87.8M	61.2M
Long Term Debt Total	63.3M	57.1M	40.0M	36.9M	42.5M	42.5M
Long Term Investments	427.0M	238.5M	364.2M	451.5M	404.1M	369.6M
Short Long Term Debt	13.1M	50M	3.2M	140M	60M	36.7M

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

How To Invest In First

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Is First Stock a good investment?

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What is First Guaranty's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Guaranty 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 bureau of labor statistics.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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 Guaranty. 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 Guaranty 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

0.033

Dividend Share

0.56

Earnings Share

0.84

Revenue Per Share

7.78

Quarterly Revenue Growth

(0.01)

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

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First Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

First Guaranty fundamental ratios Correlations

First Guaranty Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Guaranty fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Other Stockholder Equity	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Stockholder Equity
Other Stockholder Equity	+ 0.98	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.81	Short Term Investments
Short Term Investments	- 0.8	Short Long Term Debt Total
Non Current Assets Total	- 0.77	Accounts Payable
Total Current Assets	- 0.75	Good Will
Short Term Investments	- 0.74	Good Will
Non Current Liabilities Total	- 0.73	Non Current Assets Total