Fifth Non Currrent Assets Other vs Property Plant And Equipment Net Analysis
FITB Stock | USD 43.16 0.33 0.77% |
Fifth Third financial indicator trend analysis is much more than just examining Fifth Third Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fifth Third Bancorp is a good investment. Please check the relationship between Fifth Third Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Non Currrent Assets Other vs Property Plant And Equipment Net
Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fifth Third Bancorp Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fifth Third's Non Currrent Assets Other and Property Plant And Equipment Net is -0.16. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Fifth Third Bancorp, assuming nothing else is changed. The correlation between historical values of Fifth Third's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Fifth Third Bancorp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Fifth Third's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Fifth Third's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fifth Third Bancorp 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 Fifth Third Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Fifth Third's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 88.39, whereas Selling General Administrative is forecasted to decline to about 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 4.3B | 4.2B | 9.6B | 10.1B | Interest Expense | 441M | 978M | 989M | 1.0B |
Fifth Third fundamental ratios Correlations
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Fifth Third Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fifth Third fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 720.1M | 719.7M | 711.2M | 695.0M | 687.7M | 606.5M | |
Total Assets | 169.4B | 204.7B | 211.1B | 207.5B | 214.6B | 225.3B | |
Short Long Term Debt Total | 16.0B | 16.2B | 12.8B | 18.6B | 20.0B | 12.4B | |
Other Current Liab | (1.0B) | (1.2B) | (980M) | (512M) | 93.1B | 97.7B | |
Total Current Liabilities | 1.0B | 1.2B | 980M | 4.3B | 100.1B | 105.1B | |
Total Stockholder Equity | 21.2B | 23.1B | 22.2B | 17.3B | 19.2B | 11.0B | |
Property Plant And Equipment Net | 2.8B | 2.9B | 2.7B | 2.8B | 3.3B | 1.9B | |
Net Debt | 12.7B | 13.0B | 9.8B | 15.1B | 16.9B | 10.2B | |
Retained Earnings | 18.3B | 18.4B | 20.2B | 21.7B | 23.0B | 24.1B | |
Cash | 3.3B | 3.1B | 3.0B | 3.5B | 3.1B | 2.3B | |
Non Current Assets Total | 47.1B | 79.7B | 82.1B | 72.0B | 185.2B | 194.5B | |
Non Currrent Assets Other | (47.1B) | (79.7B) | (82.1B) | 1.8B | 145.5B | 152.8B | |
Other Assets | 77.6B | 48.0B | 50.3B | 66.8B | 76.8B | 56.0B | |
Cash And Short Term Investments | 41.3B | 74.1B | 75.7B | 62.4B | (3.1B) | (3.0B) | |
Net Receivables | 3.4B | 2.9B | 3.1B | 2.7B | 5.6B | 5.9B | |
Liabilities And Stockholders Equity | 169.4B | 204.7B | 211.1B | 207.5B | 214.6B | 225.3B | |
Non Current Liabilities Total | 15.0B | 15.0B | 11.8B | 4.3B | 95.3B | 100.1B | |
Other Stockholder Equity | (2.1B) | (2.0B) | (3.4B) | (3.4B) | (3.5B) | (3.3B) | |
Total Liab | 148.2B | 181.6B | 188.9B | 190.1B | 195.4B | 205.2B | |
Total Current Assets | 44.6B | 77.0B | 78.7B | 68.7B | 29.3B | 22.5B | |
Short Term Debt | 1.0B | 1.2B | 980M | 4.8B | 7.0B | 7.3B | |
Accumulated Other Comprehensive Income | 1.2B | 2.6B | 1.2B | (5.1B) | (4.5B) | (4.3B) | |
Property Plant And Equipment Gross | 3.3B | 3.3B | 2.7B | 2.8B | 7.1B | 7.5B | |
Other Liab | 2.4B | 3.4B | 4.3B | 1.5B | 1.4B | 2.7B | |
Accounts Payable | 2.4B | 2.6B | 169.3B | 1.8B | 1.6B | 1.6B | |
Long Term Debt | 15.0B | 15.0B | 11.8B | 13.7B | 16.4B | 12.7B | |
Short Term Investments | 38.0B | 70.9B | 72.7B | 59.9B | 71.8B | 75.4B | |
Inventory | (8.8B) | (40.4B) | (41.8B) | (12.4B) | (2.4B) | (2.6B) | |
Treasury Stock | (5.7B) | (5.7B) | (7.0B) | (7.1B) | (6.4B) | (6.1B) | |
Intangible Assets | 1.2B | 795M | 1.3B | 1.9B | 1.9B | 1.0B | |
Property Plant Equipment | 2.8B | 2.1B | 2.7B | 2.2B | 2.5B | 2.6B | |
Good Will | 4.3B | 4.3B | 4.5B | 4.9B | 4.9B | 3.0B | |
Other Current Assets | 8.8B | 40.4B | 41.8B | 15.9B | 29.3B | 41.1B | |
Retained Earnings Total Equity | 18.3B | 18.4B | 20.2B | 21.7B | 24.9B | 13.6B | |
Net Tangible Assets | 15.0B | 16.6B | 15.4B | 10.1B | 11.6B | 13.6B |
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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 Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third'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 Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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 Fifth Third. If investors know Fifth 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 Fifth Third 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 (0.14) | Dividend Share 1.42 | Earnings Share 3.02 | Revenue Per Share 11.783 | Quarterly Revenue Growth (0.03) |
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third'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 Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third'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 Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third'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.