Truist Short Term Debt vs Good Will Analysis
TFC Stock | USD 42.32 0.25 0.59% |
Truist Financial financial indicator trend analysis is much more than just breaking down Truist Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Truist Financial Corp is a good investment. Please check the relationship between Truist Financial Short Term Debt and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial 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 census.
Short Term Debt vs Good Will
Short Term Debt vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Truist Financial Corp Short Term Debt account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Truist Financial's Short Term Debt and Good Will is 0.59. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Truist Financial Corp, assuming nothing else is changed. The correlation between historical values of Truist Financial's Short Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Truist Financial Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Debt i.e., Truist Financial's Short Term Debt and Good Will go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Debt
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Truist Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Truist Financial 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial 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 census. At present, Truist Financial's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 132.14, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.25.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.1B | 22.3B | 33.2B | 34.9B | Total Revenue | 23.1B | 22.3B | 33.3B | 35.0B |
Truist Financial fundamental ratios Correlations
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Truist Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Truist Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 815.2M | 1.4B | 1.3B | 1.3B | 1.3B | 1.4B | |
Total Assets | 473.1B | 509.2B | 541.2B | 555.3B | 539.0B | 565.9B | |
Short Long Term Debt Total | 59.6B | 45.7B | 41.2B | 66.6B | 65.2B | 68.4B | |
Other Current Liab | (18.2B) | (6.1B) | (5.3B) | 13.6B | 111.7B | 117.3B | |
Total Current Liabilities | 18.2B | 6.1B | 5.3B | 23.4B | 136.7B | 143.5B | |
Total Stockholder Equity | 66.4B | 70.8B | 69.3B | 60.5B | 59.1B | 62.1B | |
Property Plant And Equipment Net | 3.7B | 3.9B | 3.7B | 3.6B | 6.1B | 6.4B | |
Net Debt | 40.5B | 26.8B | 20.9B | 45.2B | 34.5B | 17.5B | |
Retained Earnings | 19.8B | 19.5B | 23.0B | 26.3B | 22.1B | 23.2B | |
Cash | 19.1B | 18.9B | 20.3B | 21.4B | 30.6B | 32.2B | |
Non Current Assets Total | 114.1B | 158.0B | 194.9B | 34.3B | 488.9B | 513.3B | |
Non Currrent Assets Other | 844M | (716M) | 1.6B | (124.6B) | 419.7B | 440.7B | |
Other Assets | 259.1B | 206.3B | 162.6B | 499.5B | 574.5B | 603.2B | |
Cash And Short Term Investments | 93.8B | 139.7B | 173.4B | 93.2B | (5.1B) | (4.8B) | |
Liabilities And Stockholders Equity | 473.1B | 509.2B | 541.2B | 555.3B | 539.0B | 565.9B | |
Non Current Liabilities Total | 41.3B | 39.6B | 35.9B | 471.3B | 343.0B | 360.2B | |
Other Stockholder Equity | 35.6B | 35.8B | 34.6B | 34.5B | 36.2B | 38.0B | |
Total Liab | 406.5B | 438.3B | 472.0B | 494.7B | 479.7B | 503.7B | |
Total Current Assets | 99.9B | 144.9B | 183.8B | 21.4B | 50.1B | 79.2B | |
Short Term Debt | 18.2B | 6.1B | 5.3B | 23.4B | 25.0B | 26.2B | |
Accumulated Other Comprehensive Income | (844M) | 716M | (1.6B) | (13.6B) | (12.5B) | (11.9B) | |
Common Stock Total Equity | 3.8B | 6.7B | 6.7B | 6.6B | 7.6B | 3.9B | |
Property Plant And Equipment Gross | 10.5B | 7.0B | 3.7B | 9.4B | 8.8B | 9.2B | |
Common Stock | 6.7B | 6.7B | 6.6B | 6.6B | 6.7B | 4.2B | |
Good Will | 24.2B | 24.4B | 26.1B | 27.0B | 20.9B | 12.0B | |
Short Term Investments | 74.7B | 120.8B | 153.1B | 71.8B | 3.6B | 3.4B | |
Other Current Assets | 31.8B | 34.2B | 39.9B | (71.8B) | 50.1B | 62.1B | |
Intangible Assets | 5.8B | 5.0B | 6.0B | 7.4B | 6.5B | 6.9B | |
Accounts Payable | 334.7B | 381.1B | 416.5B | 413.5B | 475.5B | 499.3B | |
Net Receivables | 6.1B | 5.2B | 10.3B | 11.8B | 13.0B | 13.6B | |
Inventory | (31.8B) | (34.2B) | (39.9B) | (11.8B) | (7.9B) | (8.3B) | |
Net Tangible Assets | 34.0B | 35.3B | 33.1B | 23.2B | 26.6B | 22.9B | |
Noncontrolling Interest In Consolidated Entity | 47M | 56M | 174M | 105M | 120.8M | 81.2M | |
Long Term Debt | 41.3B | 39.6B | 35.9B | 43.2B | 38.9B | 32.6B | |
Retained Earnings Total Equity | 18.1B | 19.8B | 19.5B | 23.0B | 26.4B | 17.4B | |
Long Term Debt Total | 41.3B | 39.6B | 35.9B | 43.2B | 49.7B | 31.7B | |
Capital Surpluse | 35.6B | 35.8B | 34.6B | 34.5B | 39.7B | 41.7B | |
Long Term Investments | 298.3B | 300.0B | 159.0B | 134.4B | 124.6B | 189.8B | |
Non Current Liabilities Other | 5.4B | 12.2B | 11.6B | 14.3B | 16.4B | 9.1B |
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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 Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial'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 Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial 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 census. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 Truist Financial. If investors know Truist 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 Truist Financial 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 0.239 | Dividend Share 2.08 | Earnings Share (4.86) | Revenue Per Share 10.857 | Quarterly Revenue Growth 0.061 |
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial'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 Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial'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 Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial'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.