First Historical Balance Sheet
FGBI Stock | USD 13.40 0.08 0.59% |
Trend analysis of First Guaranty Bancshares balance sheet accounts such as Total Current Liabilities of 2.7 B or Total Stockholder Equity of 157.7 M provides information on First Guaranty's total assets, liabilities, and equity, which is the actual value of First Guaranty Bancshares to its prevalent stockholders. By breaking down trends over time using First Guaranty balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining First Guaranty Bancshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Guaranty Bancshares is a good buy for the upcoming year.
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About First Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of First Guaranty Bancshares at a specified time, usually calculated after every quarter, six months, or one year. First Guaranty Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Guaranty and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.
First Guaranty Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of First Guaranty 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 Guaranty Bancshares 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.Total Current Liabilities
Total Current Liabilities is an item on First Guaranty balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Guaranty Bancshares are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from First Guaranty's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Cash is increasing as compared to previous years. The First Guaranty's current Cash And Short Term Investments is estimated to increase to about 361.7 M, while Total Assets are projected to decrease to under 2 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 43.2M | 176.9M | 275.4M | 289.2M | Total Assets | 2.9B | 3.2B | 3.6B | 2.0B |
First Guaranty balance sheet Correlations
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First Guaranty Account Relationship Matchups
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First Guaranty balance sheet 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) | (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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.