First Total Operating Expenses vs Other Operating Expenses Analysis

FMBH Stock  USD 41.37  0.08  0.19%   
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 Total Operating Expenses and its Other Operating Expenses 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.

Total Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Mid Illinois Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between First Mid's Total Operating Expenses and Other Operating Expenses is -0.99. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses 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 Total Operating Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of First Mid Illinois are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., First Mid's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Mid Illinois. It is also known as First Mid 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.
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 Expense15.3M31.6M106.7M112.0M
Depreciation And Amortization9.8M11.2M9.1M9.6M

First Mid fundamental ratios Correlations

0.950.980.990.760.99-0.150.790.62-0.160.150.980.970.970.70.951.00.98-0.130.970.690.690.570.80.98-0.42
0.950.930.940.80.94-0.190.780.63-0.170.040.960.930.940.70.940.950.92-0.150.930.70.70.630.840.95-0.34
0.980.930.980.70.96-0.090.760.58-0.150.180.960.980.990.680.940.980.95-0.090.980.660.660.580.790.98-0.38
0.990.940.980.780.98-0.20.80.63-0.160.120.980.970.970.710.940.990.99-0.130.970.70.690.570.80.98-0.41
0.760.80.70.780.82-0.710.910.88-0.52-0.440.850.680.680.880.870.770.8-0.510.680.90.90.250.870.81-0.45
0.990.940.960.980.82-0.230.830.69-0.280.060.990.940.950.750.950.990.98-0.260.940.740.740.540.840.97-0.52
-0.15-0.19-0.09-0.2-0.71-0.23-0.61-0.730.630.81-0.26-0.07-0.05-0.65-0.37-0.15-0.230.59-0.08-0.69-0.680.26-0.43-0.240.24
0.790.780.760.80.910.83-0.610.96-0.59-0.460.860.730.720.990.920.790.79-0.490.740.990.990.130.860.85-0.41
0.620.630.580.630.880.69-0.730.96-0.69-0.640.720.560.530.980.80.620.63-0.580.560.990.99-0.010.770.7-0.39
-0.16-0.17-0.15-0.16-0.52-0.280.63-0.59-0.690.71-0.27-0.02-0.07-0.66-0.37-0.16-0.240.95-0.02-0.68-0.670.41-0.56-0.240.65
0.150.040.180.12-0.440.060.81-0.46-0.640.71-0.020.20.22-0.55-0.150.140.120.630.19-0.58-0.580.56-0.310.00.03
0.980.960.960.980.850.99-0.260.860.72-0.27-0.020.940.950.790.980.980.96-0.230.940.780.780.520.890.99-0.41
0.970.930.980.970.680.94-0.070.730.56-0.020.20.940.980.650.910.960.920.031.00.620.630.640.720.96-0.27
0.970.940.990.970.680.95-0.050.720.53-0.070.220.950.980.630.920.970.93-0.040.980.610.610.630.760.96-0.35
0.70.70.680.710.880.75-0.650.990.98-0.66-0.550.790.650.630.870.710.7-0.530.651.01.00.050.830.78-0.38
0.950.940.940.940.870.95-0.370.920.8-0.37-0.150.980.910.920.870.940.92-0.290.920.860.860.410.910.98-0.38
1.00.950.980.990.770.99-0.150.790.62-0.160.140.980.960.970.710.940.98-0.130.960.690.690.570.80.97-0.42
0.980.920.950.990.80.98-0.230.790.63-0.240.120.960.920.930.70.920.98-0.230.920.690.690.520.810.95-0.52
-0.13-0.15-0.09-0.13-0.51-0.260.59-0.49-0.580.950.63-0.230.03-0.04-0.53-0.29-0.13-0.230.03-0.57-0.550.33-0.54-0.190.76
0.970.930.980.970.680.94-0.080.740.56-0.020.190.941.00.980.650.920.960.920.030.630.630.640.720.96-0.27
0.690.70.660.70.90.74-0.690.990.99-0.68-0.580.780.620.611.00.860.690.69-0.570.631.00.020.840.77-0.4
0.690.70.660.690.90.74-0.680.990.99-0.67-0.580.780.630.611.00.860.690.69-0.550.631.00.030.840.77-0.38
0.570.630.580.570.250.540.260.13-0.010.410.560.520.640.630.050.410.570.520.330.640.020.030.290.52-0.11
0.80.840.790.80.870.84-0.430.860.77-0.56-0.310.890.720.760.830.910.80.81-0.540.720.840.840.290.87-0.47
0.980.950.980.980.810.97-0.240.850.7-0.240.00.990.960.960.780.980.970.95-0.190.960.770.770.520.87-0.37
-0.42-0.34-0.38-0.41-0.45-0.520.24-0.41-0.390.650.03-0.41-0.27-0.35-0.38-0.38-0.42-0.520.76-0.27-0.4-0.38-0.11-0.47-0.37
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First Mid Account Relationship Matchups

First Mid fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.7B6.0B6.7B7.6B8.0B
Short Long Term Debt Total273.4M341.8M287.4M579.0M608.3M638.7M
Total Stockholder Equity526.6M568.2M633.9M633.2M793.2M832.9M
Property Plant And Equipment Net59.5M58.2M81.5M90.5M101.4M106.5M
Net Debt52.7M(210.0M)31.4M426.6M751.4M789.0M
Retained Earnings166.7M197.7M234.2M289.3M338.7M355.6M
Cash85.1M417.3M168.6M152.4M(143.1M)(135.9M)
Non Current Assets Total953.0M1.1B1.7B1.5B7.4B7.8B
Non Currrent Assets Other(13.6M)(18.9M)(19.8M)(58.0M)7.1B7.4B
Other Assets2.0B2.3B2.7B3.9B(18.1M)(17.2M)
Cash And Short Term Investments835.6M1.3B1.6B1.4B(143.1M)(135.9M)
Net Receivables15.6M19.3M19.9M28.4M35.1M36.8M
Common Stock Total Equity71.2M71.4M76.8M86.4M99.3M104.3M
Common Stock Shares Outstanding16.7M16.8M17.9M20.2M21.9M23.0M
Liabilities And Stockholders Equity3.8B4.7B6.0B6.7B7.6B8.0B
Non Current Liabilities Total137.8M207.2M200.0M3.3M2.2B2.3B
Other Stockholder Equity280.4M282.0M323.7M406.9M793.2M832.9M
Total Liab3.3B4.2B5.4B6.1B6.8B7.1B
Property Plant And Equipment Gross76.5M75.4M135.9M143.8M157.2M165.1M
Total Current Assets851.2M1.3B1.6B1.4B143.1M135.9M
Accumulated Other Comprehensive Income8.4M17.1M(831K)(151.5M)(133.8M)(127.1M)
Common Stock71.2M71.4M76.8M86.4M99.9M104.9M
Other Current Liab(2.3M)(2.3M)(1.3M)(3.3M)4.4B4.6B
Total Current Liabilities2.3M2.3M1.3M3.3M4.6B4.8B
Short Term Debt249.6M228.6M173.8M399.4M213.7M139.9M
Accounts Payable2.3M2.3M1.3M3.3M5.4M5.7M
Other Current Assets108.9M441.8M195.9M186.5M143.1M135.9M
Intangible Assets28.3M23.1M29.5M29.5M264.2M277.4M
Other Liab30.0M51.2M49.9M26.9M31.0M19.8M
Long Term Debt23.9M113.3M200.0M579.0M394.6M414.3M
Short Term Investments750.6M879.2M1.4B1.2B1.2B736.6M
Inventory(108.9M)(441.8M)(195.9M)(186.5M)108.0M113.4M
Property Plant Equipment59.5M58.2M81.5M90.5M104.0M109.2M
Net Tangible Assets393.4M440.1M492.5M463.3M532.7M277.1M
Retained Earnings Total Equity166.7M197.7M234.2M289.3M332.7M349.3M
Long Term Debt Total23.9M113.3M113.6M113.9M131.0M80.5M
Capital Surpluse295.9M297.8M340.4M427.0M491.1M515.6M

Currently Active Assets on Macroaxis

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:
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.