First Cash And Short Term Investments vs Total Assets Analysis

FMBH Stock

USD 42.72 0.43 1.02%

First Mid financial indicator trend analysis is much more than just examining First Mid Illinois latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Mid Illinois is a good investment. Please check the relationship between First Mid Cash And Short Term Investments and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mid Illinois. 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.

Cash And Short Term Investments vs Total Assets

Cash And Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Mid Illinois Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between First Mid's Cash And Short Term Investments and Total Assets is 0.15. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of First Mid Illinois, assuming nothing else is changed. The correlation between historical values of First Mid's Cash And Short Term Investments and Total 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 Cash And Short Term Investments of First Mid Illinois are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., First Mid's Cash And Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of First Mid Illinois balance sheet. This account contains First Mid investments that will expire within one year. These investments include stocks and bonds that can be liquidated by First Mid Illinois fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Assets

Total assets refers to the total amount of First Mid assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Mid Illinois books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from First Mid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Mid Illinois 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 Mid Illinois. 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 Mid's Selling General Administrative is increasing as compared to previous years. The First Mid's current Sales General And Administrative To Revenue is estimated to increase to 0.64, while Tax Provision is projected to decrease to under 16 M.

	2021	2022	2023	2024 (projected)
Interest Expense	15.3M	31.6M	106.7M	112.0M
Depreciation And Amortization	9.8M	11.2M	9.1M	9.6M

Interest Expense Depreciation And Amortization

First Mid fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Short Term Debt	Accounts Payable	Good Will	Other Current Assets
Total Assets		0.95	0.98	0.99	0.76	0.99	-0.15	0.79	0.62	-0.16	0.15	0.98	0.97	0.97	0.7	0.95	1.0	0.98	-0.13	0.97	0.69	0.69	0.57	0.8	0.98	-0.42
Short Long Term Debt Total	0.95		0.93	0.94	0.8	0.94	-0.19	0.78	0.63	-0.17	0.04	0.96	0.93	0.94	0.7	0.94	0.95	0.92	-0.15	0.93	0.7	0.7	0.63	0.84	0.95	-0.34
Total Stockholder Equity	0.98	0.93		0.98	0.7	0.96	-0.09	0.76	0.58	-0.15	0.18	0.96	0.98	0.99	0.68	0.94	0.98	0.95	-0.09	0.98	0.66	0.66	0.58	0.79	0.98	-0.38
Property Plant And Equipment Net	0.99	0.94	0.98		0.78	0.98	-0.2	0.8	0.63	-0.16	0.12	0.98	0.97	0.97	0.71	0.94	0.99	0.99	-0.13	0.97	0.7	0.69	0.57	0.8	0.98	-0.41
Net Debt	0.76	0.8	0.7	0.78		0.82	-0.71	0.91	0.88	-0.52	-0.44	0.85	0.68	0.68	0.88	0.87	0.77	0.8	-0.51	0.68	0.9	0.9	0.25	0.87	0.81	-0.45
Retained Earnings	0.99	0.94	0.96	0.98	0.82		-0.23	0.83	0.69	-0.28	0.06	0.99	0.94	0.95	0.75	0.95	0.99	0.98	-0.26	0.94	0.74	0.74	0.54	0.84	0.97	-0.52
Cash	-0.15	-0.19	-0.09	-0.2	-0.71	-0.23		-0.61	-0.73	0.63	0.81	-0.26	-0.07	-0.05	-0.65	-0.37	-0.15	-0.23	0.59	-0.08	-0.69	-0.68	0.26	-0.43	-0.24	0.24
Non Current Assets Total	0.79	0.78	0.76	0.8	0.91	0.83	-0.61		0.96	-0.59	-0.46	0.86	0.73	0.72	0.99	0.92	0.79	0.79	-0.49	0.74	0.99	0.99	0.13	0.86	0.85	-0.41
Non Currrent Assets Other	0.62	0.63	0.58	0.63	0.88	0.69	-0.73	0.96		-0.69	-0.64	0.72	0.56	0.53	0.98	0.8	0.62	0.63	-0.58	0.56	0.99	0.99	-0.01	0.77	0.7	-0.39
Other Assets	-0.16	-0.17	-0.15	-0.16	-0.52	-0.28	0.63	-0.59	-0.69		0.71	-0.27	-0.02	-0.07	-0.66	-0.37	-0.16	-0.24	0.95	-0.02	-0.68	-0.67	0.41	-0.56	-0.24	0.65
Cash And Short Term Investments	0.15	0.04	0.18	0.12	-0.44	0.06	0.81	-0.46	-0.64	0.71		-0.02	0.2	0.22	-0.55	-0.15	0.14	0.12	0.63	0.19	-0.58	-0.58	0.56	-0.31	0.0	0.03
Net Receivables	0.98	0.96	0.96	0.98	0.85	0.99	-0.26	0.86	0.72	-0.27	-0.02		0.94	0.95	0.79	0.98	0.98	0.96	-0.23	0.94	0.78	0.78	0.52	0.89	0.99	-0.41
Common Stock Total Equity	0.97	0.93	0.98	0.97	0.68	0.94	-0.07	0.73	0.56	-0.02	0.2	0.94		0.98	0.65	0.91	0.96	0.92	0.03	1.0	0.62	0.63	0.64	0.72	0.96	-0.27
Common Stock Shares Outstanding	0.97	0.94	0.99	0.97	0.68	0.95	-0.05	0.72	0.53	-0.07	0.22	0.95	0.98		0.63	0.92	0.97	0.93	-0.04	0.98	0.61	0.61	0.63	0.76	0.96	-0.35
Non Current Liabilities Total	0.7	0.7	0.68	0.71	0.88	0.75	-0.65	0.99	0.98	-0.66	-0.55	0.79	0.65	0.63		0.87	0.71	0.7	-0.53	0.65	1.0	1.0	0.05	0.83	0.78	-0.38
Other Stockholder Equity	0.95	0.94	0.94	0.94	0.87	0.95	-0.37	0.92	0.8	-0.37	-0.15	0.98	0.91	0.92	0.87		0.94	0.92	-0.29	0.92	0.86	0.86	0.41	0.91	0.98	-0.38
Total Liab	1.0	0.95	0.98	0.99	0.77	0.99	-0.15	0.79	0.62	-0.16	0.14	0.98	0.96	0.97	0.71	0.94		0.98	-0.13	0.96	0.69	0.69	0.57	0.8	0.97	-0.42
Property Plant And Equipment Gross	0.98	0.92	0.95	0.99	0.8	0.98	-0.23	0.79	0.63	-0.24	0.12	0.96	0.92	0.93	0.7	0.92	0.98		-0.23	0.92	0.69	0.69	0.52	0.81	0.95	-0.52
Total Current Assets	-0.13	-0.15	-0.09	-0.13	-0.51	-0.26	0.59	-0.49	-0.58	0.95	0.63	-0.23	0.03	-0.04	-0.53	-0.29	-0.13	-0.23		0.03	-0.57	-0.55	0.33	-0.54	-0.19	0.76
Common Stock	0.97	0.93	0.98	0.97	0.68	0.94	-0.08	0.74	0.56	-0.02	0.19	0.94	1.0	0.98	0.65	0.92	0.96	0.92	0.03		0.63	0.63	0.64	0.72	0.96	-0.27
Other Current Liab	0.69	0.7	0.66	0.7	0.9	0.74	-0.69	0.99	0.99	-0.68	-0.58	0.78	0.62	0.61	1.0	0.86	0.69	0.69	-0.57	0.63		1.0	0.02	0.84	0.77	-0.4
Total Current Liabilities	0.69	0.7	0.66	0.69	0.9	0.74	-0.68	0.99	0.99	-0.67	-0.58	0.78	0.63	0.61	1.0	0.86	0.69	0.69	-0.55	0.63	1.0		0.03	0.84	0.77	-0.38
Short Term Debt	0.57	0.63	0.58	0.57	0.25	0.54	0.26	0.13	-0.01	0.41	0.56	0.52	0.64	0.63	0.05	0.41	0.57	0.52	0.33	0.64	0.02	0.03		0.29	0.52	-0.11
Accounts Payable	0.8	0.84	0.79	0.8	0.87	0.84	-0.43	0.86	0.77	-0.56	-0.31	0.89	0.72	0.76	0.83	0.91	0.8	0.81	-0.54	0.72	0.84	0.84	0.29		0.87	-0.47
Good Will	0.98	0.95	0.98	0.98	0.81	0.97	-0.24	0.85	0.7	-0.24	0.0	0.99	0.96	0.96	0.78	0.98	0.97	0.95	-0.19	0.96	0.77	0.77	0.52	0.87		-0.37
Other Current Assets	-0.42	-0.34	-0.38	-0.41	-0.45	-0.52	0.24	-0.41	-0.39	0.65	0.03	-0.41	-0.27	-0.35	-0.38	-0.38	-0.42	-0.52	0.76	-0.27	-0.4	-0.38	-0.11	-0.47	-0.37

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First Mid Account Relationship Matchups

First Mid fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.7B	6.0B	6.7B	7.6B	8.0B
Short Long Term Debt Total	273.4M	341.8M	287.4M	579.0M	608.3M	638.7M
Total Stockholder Equity	526.6M	568.2M	633.9M	633.2M	793.2M	832.9M
Property Plant And Equipment Net	59.5M	58.2M	81.5M	90.5M	101.4M	106.5M
Net Debt	52.7M	(210.0M)	31.4M	426.6M	751.4M	789.0M
Retained Earnings	166.7M	197.7M	234.2M	289.3M	338.7M	355.6M
Cash	85.1M	417.3M	168.6M	152.4M	(143.1M)	(135.9M)
Non Current Assets Total	953.0M	1.1B	1.7B	1.5B	7.4B	7.8B
Non Currrent Assets Other	(13.6M)	(18.9M)	(19.8M)	(58.0M)	7.1B	7.4B
Other Assets	2.0B	2.3B	2.7B	3.9B	(18.1M)	(17.2M)
Cash And Short Term Investments	835.6M	1.3B	1.6B	1.4B	(143.1M)	(135.9M)
Net Receivables	15.6M	19.3M	19.9M	28.4M	35.1M	36.8M
Common Stock Total Equity	71.2M	71.4M	76.8M	86.4M	99.3M	104.3M
Common Stock Shares Outstanding	16.7M	16.8M	17.9M	20.2M	21.9M	23.0M
Liabilities And Stockholders Equity	3.8B	4.7B	6.0B	6.7B	7.6B	8.0B
Non Current Liabilities Total	137.8M	207.2M	200.0M	3.3M	2.2B	2.3B
Other Stockholder Equity	280.4M	282.0M	323.7M	406.9M	793.2M	832.9M
Total Liab	3.3B	4.2B	5.4B	6.1B	6.8B	7.1B
Property Plant And Equipment Gross	76.5M	75.4M	135.9M	143.8M	157.2M	165.1M
Total Current Assets	851.2M	1.3B	1.6B	1.4B	143.1M	135.9M
Accumulated Other Comprehensive Income	8.4M	17.1M	(831K)	(151.5M)	(133.8M)	(127.1M)
Common Stock	71.2M	71.4M	76.8M	86.4M	99.9M	104.9M
Other Current Liab	(2.3M)	(2.3M)	(1.3M)	(3.3M)	4.4B	4.6B
Total Current Liabilities	2.3M	2.3M	1.3M	3.3M	4.6B	4.8B
Short Term Debt	249.6M	228.6M	173.8M	399.4M	213.7M	139.9M
Accounts Payable	2.3M	2.3M	1.3M	3.3M	5.4M	5.7M
Other Current Assets	108.9M	441.8M	195.9M	186.5M	143.1M	135.9M
Intangible Assets	28.3M	23.1M	29.5M	29.5M	264.2M	277.4M
Other Liab	30.0M	51.2M	49.9M	26.9M	31.0M	19.8M
Long Term Debt	23.9M	113.3M	200.0M	579.0M	394.6M	414.3M
Short Term Investments	750.6M	879.2M	1.4B	1.2B	1.2B	736.6M
Inventory	(108.9M)	(441.8M)	(195.9M)	(186.5M)	108.0M	113.4M
Property Plant Equipment	59.5M	58.2M	81.5M	90.5M	104.0M	109.2M
Net Tangible Assets	393.4M	440.1M	492.5M	463.3M	532.7M	277.1M
Retained Earnings Total Equity	166.7M	197.7M	234.2M	289.3M	332.7M	349.3M
Long Term Debt Total	23.9M	113.3M	113.6M	113.9M	131.0M	80.5M
Capital Surpluse	295.9M	297.8M	340.4M	427.0M	491.1M	515.6M

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

How To Invest In First

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Is First Stock a good investment?

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What is First Mid's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mid Illinois. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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 Mid. 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 Mid 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

0.191

Dividend Share

0.93

Earnings Share

3.24

Revenue Per Share

13.247

Quarterly Revenue Growth

0.173

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

Cash And Short Term Investments vs Total Assets

Cash And Short Term Investments vs Total Assets Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Total Assets

First Mid fundamental ratios Correlations

First Mid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Mid fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Non Currrent Assets Other	- 0.73	Cash
Cash	- 0.71	Net Debt
Other Assets	- 0.69	Non Currrent Assets Other
Other Current Liab	- 0.69	Cash
Other Current Liab	- 0.68	Other Assets
Total Current Liabilities	- 0.68	Cash