First Reliance Cash Per Share vs. Total Debt

FSRL Stock  USD 9.75  0.05  0.51%   
Based on the measurements of profitability obtained from First Reliance's financial statements, First Reliance Bancshares may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess First Reliance's ability to earn profits and add value for shareholders.
For First Reliance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Reliance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Reliance Bancshares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Reliance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Reliance Bancshares over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between First Reliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Reliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Reliance'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.

First Reliance Bancshares Total Debt vs. Cash Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Reliance's current stock value. Our valuation model uses many indicators to compare First Reliance value to that of its competitors to determine the firm's financial worth.
First Reliance Bancshares is rated below average in cash per share category among its peers. It is rated as one of the top companies in total debt category among its peers making up about  6,055,215  of Total Debt per Cash Per Share. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Reliance's earnings, one of the primary drivers of an investment's value.

First Total Debt vs. Cash Per Share

Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

First Reliance

Cash Per Share

 = 

Total Cash

Average Shares

 = 
6.52 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

First Reliance

Total Debt

 = 

Bonds

+

Notes

 = 
39.48 M
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.

First Total Debt vs Competition

First Reliance Bancshares is rated as one of the top companies in total debt category among its peers. Total debt of Banks—Regional industry is currently estimated at about 769.96 Million. First Reliance holds roughly 39.48 Million in total debt claiming about 5% of stocks in Banks—Regional industry.
Total debt  Workforce  Capitalization  Valuation  Revenue

First Reliance Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Reliance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Reliance will eventually generate negative long term returns. The profitability progress is the general direction of First Reliance's change in net profit over the period of time. It can combine multiple indicators of First Reliance, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
First Reliance Bancshares, Inc. operates as the bank holding company for First Reliance Bank that provides banking products and services in the United States. First Reliance Bancshares, Inc. was founded in 1999 and is based in Florence, South Carolina. First Reliance operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 175 people.

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Reliance. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Reliance position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Reliance's important profitability drivers and their relationship over time.

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In addition to having First Reliance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in First Pink Sheet

To fully project First Reliance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Reliance Bancshares at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Reliance's income statement, its balance sheet, and the statement of cash flows.
Potential First Reliance investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Reliance investors may work on each financial statement separately, they are all related. The changes in First Reliance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Reliance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.