First Non Current Liabilities Total vs Total Current Assets Analysis
| FGBI Stock | USD 13.48 0.49 3.77% |
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 Non Current Liabilities Total and its Total Current Assets 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.
Non Current Liabilities Total vs Total Current Assets
Non Current Liabilities Total vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Guaranty Bancshares Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Guaranty's Non Current Liabilities Total and Total Current Assets is -0.57. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets 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 Non Current Liabilities Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of First Guaranty Bancshares are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., First Guaranty's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.57 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Non Current Liabilities Total
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Tax Provision is decreasing as compared to previous years. The First Guaranty's current Issuance Of Capital Stock is estimated to increase to about 13.9 M, while Selling General Administrative is projected to decrease to under 25.4 M.
| 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 |
First Guaranty fundamental ratios Correlations
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First Guaranty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 491.1M | 527.4M | |
| Non Currrent Assets Other | (503.4M) | (317.9M) | (441.6M) | (527.6M) | (491.1M) | (466.6M) | |
| Other Assets | 1.2B | 1.6B | 2.0B | 2.1B | 2.8B | 2.0B | |
| 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 | (390.7M) | (371.2M) | |
| 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) | (82.1M) | (78.0M) | |
| 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: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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.