First Tax Provision vs Other Operating Expenses Analysis

FXNC Stock  USD 22.55  0.39  1.70%   
First National financial indicator trend analysis is much more than just examining First National Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First National Corp is a good investment. Please check the relationship between First National Tax Provision and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision vs Other Operating Expenses

Tax Provision vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First National Corp Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between First National's Tax Provision and Other Operating Expenses is 0.27. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of First National Corp, assuming nothing else is changed. The correlation between historical values of First National's Tax Provision 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 Tax Provision of First National Corp 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 Tax Provision i.e., First National's Tax Provision and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First National Corp. It is also known as First National 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 National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First National Corp 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 National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, First National's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.90, whereas Selling General Administrative is forecasted to decline to about 11.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.3M3.8M14.3M15.0M
Depreciation And Amortization1.4M1.5M1.6M1.0M

First National fundamental ratios Correlations

0.71-0.170.430.970.6-0.520.960.770.68-0.380.010.520.970.650.620.931.00.25-0.150.680.410.83-0.02-0.29-0.35
0.710.40.840.690.250.020.680.410.98-0.18-0.48-0.10.750.250.980.70.71-0.17-0.190.230.170.41-0.03-0.84-0.21
-0.170.40.35-0.12-0.430.5-0.02-0.290.460.25-0.41-0.59-0.1-0.310.5-0.17-0.18-0.21-0.05-0.37-0.1-0.47-0.57-0.67-0.38
0.430.840.350.370.10.220.360.150.79-0.18-0.5-0.380.51-0.160.820.440.43-0.37-0.25-0.18-0.290.220.13-0.780.05
0.970.69-0.120.370.53-0.540.970.780.66-0.48-0.010.550.940.670.60.910.970.16-0.290.710.460.78-0.12-0.27-0.41
0.60.25-0.430.10.53-0.380.490.450.170.00.370.50.450.660.080.380.60.490.230.670.620.790.050.11-0.32
-0.520.020.50.22-0.54-0.38-0.45-0.910.020.42-0.2-0.94-0.42-0.380.14-0.4-0.51-0.340.13-0.5-0.24-0.55-0.06-0.50.05
0.960.68-0.020.360.970.49-0.450.70.66-0.370.010.460.940.650.620.870.950.25-0.20.660.450.72-0.18-0.34-0.49
0.770.41-0.290.150.780.45-0.910.70.4-0.46-0.020.820.70.440.290.660.770.24-0.20.550.290.670.040.1-0.14
0.680.980.460.790.660.170.020.660.4-0.12-0.52-0.10.720.240.990.70.68-0.13-0.150.230.170.37-0.06-0.85-0.22
-0.38-0.180.25-0.18-0.480.00.42-0.37-0.46-0.120.05-0.38-0.44-0.15-0.13-0.44-0.370.490.91-0.210.09-0.34-0.06-0.09-0.1
0.01-0.48-0.41-0.5-0.010.37-0.20.01-0.02-0.520.050.35-0.060.28-0.55-0.090.010.530.190.280.220.21-0.310.59-0.26
0.52-0.1-0.59-0.380.550.5-0.940.460.82-0.1-0.380.350.390.55-0.230.420.520.45-0.060.660.430.62-0.010.59-0.17
0.970.75-0.10.510.940.45-0.420.940.70.72-0.44-0.060.390.570.690.950.970.13-0.250.590.280.770.01-0.39-0.27
0.650.25-0.31-0.160.670.66-0.380.650.440.24-0.150.280.550.570.190.610.650.350.040.980.90.78-0.010.01-0.35
0.620.980.50.820.60.080.140.620.290.99-0.13-0.55-0.230.690.190.670.62-0.23-0.190.160.110.3-0.03-0.91-0.17
0.930.7-0.170.440.910.38-0.40.870.660.7-0.44-0.090.420.950.610.670.930.08-0.250.650.310.780.07-0.35-0.19
1.00.71-0.180.430.970.6-0.510.950.770.68-0.370.010.520.970.650.620.930.26-0.140.680.40.83-0.01-0.29-0.34
0.25-0.17-0.21-0.370.160.49-0.340.250.24-0.130.490.530.450.130.35-0.230.080.260.650.380.390.32-0.270.34-0.49
-0.15-0.19-0.05-0.25-0.290.230.13-0.2-0.2-0.150.910.19-0.06-0.250.04-0.19-0.25-0.140.650.020.2-0.050.060.09-0.09
0.680.23-0.37-0.180.710.67-0.50.660.550.23-0.210.280.660.590.980.160.650.680.380.020.860.830.00.09-0.33
0.410.17-0.1-0.290.460.62-0.240.450.290.170.090.220.430.280.90.110.310.40.390.20.860.53-0.16-0.01-0.45
0.830.41-0.470.220.780.79-0.550.720.670.37-0.340.210.620.770.780.30.780.830.32-0.050.830.530.180.02-0.17
-0.02-0.03-0.570.13-0.120.05-0.06-0.180.04-0.06-0.06-0.31-0.010.01-0.01-0.030.07-0.01-0.270.060.0-0.160.180.040.85
-0.29-0.84-0.67-0.78-0.270.11-0.5-0.340.1-0.85-0.090.590.59-0.390.01-0.91-0.35-0.290.340.090.09-0.010.020.040.11
-0.35-0.21-0.380.05-0.41-0.320.05-0.49-0.14-0.22-0.1-0.26-0.17-0.27-0.35-0.17-0.19-0.34-0.49-0.09-0.33-0.45-0.170.850.11
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First National Account Relationship Matchups

First National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets800.0M950.9M1.4B1.4B1.4B1.5B
Short Long Term Debt Total14.4M19.4M19.3M14.3M64.6M67.8M
Other Current Liab(2.1M)(4.3M)(8.6M)(10.6M)(223K)(211.9K)
Total Current Liabilities2.1M4.3M4.4M5.4M514.3M540.0M
Total Stockholder Equity77.2M84.9M117.0M108.4M116.3M122.1M
Property Plant And Equipment Net19.7M19.3M22.4M21.9M22.5M16.6M
Net Debt(31.5M)(108.0M)(156.7M)(52.6M)(22.6M)(21.4M)
Retained Earnings62.6M69.3M77.0M90.3M94.2M98.9M
Cash45.8M127.3M176.0M66.9M87.2M91.5M
Non Current Assets Total158.5M173.8M348.5M25.0M1.3B1.4B
Non Currrent Assets Other(158.5M)(173.8M)(348.5M)(316.1M)(98.3M)(93.4M)
Other Assets472.7M506.9M571.5M1.0B4.7M4.4M
Cash And Short Term Investments166.8M267.5M465.5M229.8M87.2M87.1M
Net Receivables2.1M2.7M3.9M4.5M4.7M4.9M
Common Stock Shares Outstanding5.0M4.9M5.6M6.3M6.3M4.3M
Liabilities And Stockholders Equity800.0M950.9M1.4B1.4B1.4B1.5B
Non Current Liabilities Total14.3M19.3M19.3M5.4M1.3B1.4B
Other Stockholder Equity7.7M6.2M32.0M32.7M33.0M34.6M
Total Liab722.8M866.0M1.3B1.3B1.3B1.4B
Total Current Assets168.8M270.2M469.4M321.1M87.2M141.8M
Accumulated Other Comprehensive Income724K3.4M298K(22.5M)(18.7M)(17.8M)
Common Stock6.2M6.1M7.8M7.8M7.8M5.4M
Common Stock Total Equity6.2M6.2M6.2M6.1M7.0M5.2M
Property Plant And Equipment Gross19.7M19.3M36.5M34.3M35.8M19.6M
Accounts Payable2.1M4.3M4.4M5.4M4.9M3.3M
Short Term Investments121.0M140.2M289.5M162.9M(228.4M)(217.0M)
Other Liab1.3M1.6M3.8M3.9M3.5M2.8M
Long Term Debt14.3M19.3M19.3M14.3M14.3M16.3M
Property Plant Equipment20.1M19.7M22.4M21.9M25.2M21.8M
Net Tangible Assets77.0M84.9M113.9M105.2M121.0M75.1M
Retained Earnings Total Equity45.7M54.8M62.6M69.3M79.7M52.3M
Long Term Debt Total14.2M14.2M14.3M19.3M22.2M15.8M
Capital Surpluse7.3M7.5M7.7M6.2M7.1M7.7M
Long Term Investments138.6M154.5M322.9M316.1M301.1M255.3M
Non Current Liabilities Other1.7M1.5M2.1M4.3M3.9M2.5M
Other Current Assets47.9M130.0M181.8M71.6M91.8M175.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First National Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First National'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 National Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First National Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 National. 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 National 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
(0.28)
Dividend Share
0.6
Earnings Share
1.12
Revenue Per Share
7.779
Quarterly Revenue Growth
(0.03)
The market value of First National Corp 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 National's value that differs from its market value or its book value, called intrinsic value, which is First National'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 National's market value can be influenced by many factors that don't directly affect First National'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 National's value and its price as these two are different measures arrived at by different means. Investors typically determine if First National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First National'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.