USB Total Assets vs Net Tangible Assets Analysis
USB Stock | USD 51.26 3.65 7.67% |
US Bancorp financial indicator trend analysis is much more than just breaking down US Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Bancorp is a good investment. Please check the relationship between US Bancorp Total Assets and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US 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 state. For information on how to trade USB Stock refer to our How to Trade USB Stock guide.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Bancorp Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between US Bancorp's Total Assets and Net Tangible Assets is 0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of US Bancorp, assuming nothing else is changed. The correlation between historical values of US Bancorp's Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of US Bancorp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., US Bancorp's Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of US Bancorp 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 US Bancorp 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.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from US Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US 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 World Market Map to better understand how to build diversified portfolios, which includes a position in US 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 state. For information on how to trade USB Stock refer to our How to Trade USB Stock guide.The current year's Selling General Administrative is expected to grow to about 10.9 B, whereas Tax Provision is forecasted to decline to about 1.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 10.1B | 10.5B | 6.8B | 6.4B | Other Operating Expenses | 12.6B | 13.7B | 21.2B | 22.2B |
US Bancorp fundamental ratios Correlations
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US Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
US Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.6B | 1.6B | 1.5B | 1.5B | 1.5B | 1.5B | |
Total Assets | 495.4B | 553.9B | 573.3B | 674.8B | 663.5B | 696.7B | |
Short Long Term Debt Total | 63.9B | 53.1B | 43.9B | 71.0B | 62.9B | 41.5B | |
Other Current Liab | (23.7B) | (11.8B) | (11.8B) | (31.2B) | (11.5B) | (12.0B) | |
Total Current Liabilities | 23.7B | 11.8B | 11.8B | 31.2B | 11.5B | 15.4B | |
Total Stockholder Equity | 51.9B | 53.1B | 54.9B | 50.8B | 55.3B | 58.1B | |
Property Plant And Equipment Net | 3.7B | 3.5B | 3.3B | 3.9B | 3.6B | 1.9B | |
Net Debt | 41.5B | (9.5B) | 15.0B | 17.5B | 1.7B | 1.7B | |
Retained Earnings | 63.2B | 64.2B | 69.2B | 71.9B | 74.0B | 77.7B | |
Cash | 22.4B | 62.6B | 28.9B | 53.5B | 61.2B | 64.3B | |
Non Current Assets Total | 139.2B | 153.1B | 192.1B | 185.0B | 175.6B | 184.4B | |
Non Currrent Assets Other | (139.2B) | (153.1B) | (192.1B) | (185.0B) | (175.6B) | (166.8B) | |
Other Assets | 197.0B | 187.7B | 206.9B | 353.2B | 348.9B | 366.4B | |
Cash And Short Term Investments | 145.0B | 199.4B | 161.9B | 126.5B | 130.6B | 137.2B | |
Liabilities And Stockholders Equity | 495.4B | 553.9B | 573.3B | 674.8B | 663.5B | 696.7B | |
Non Current Liabilities Total | 40.2B | 41.3B | 32.1B | 31.2B | 51.5B | 54.1B | |
Other Stockholder Equity | (16.0B) | (17.4B) | (18.7B) | (16.6B) | (15.5B) | (14.7B) | |
Total Liab | 442.9B | 500.2B | 517.9B | 623.6B | 607.7B | 638.1B | |
Total Current Assets | 159.2B | 213.1B | 174.2B | 136.5B | 139.0B | 145.9B | |
Short Term Debt | 23.7B | 11.8B | 11.8B | 31.2B | 11.5B | 15.5B | |
Net Receivables | 14.2B | 13.7B | 12.4B | 10.1B | 8.3B | 11.7B | |
Accumulated Other Comprehensive Income | (1.4B) | 322M | (1.9B) | (11.4B) | (10.1B) | (9.6B) | |
Property Plant And Equipment Gross | 3.7B | 3.5B | 8.3B | 8.9B | 8.3B | 8.7B | |
Other Liab | 14.9B | 17.3B | 17.9B | 19.9B | 22.9B | 12.2B | |
Accounts Payable | 361.9B | 429.8B | 456.1B | 525.0B | 603.7B | 633.9B | |
Long Term Debt | 40.2B | 41.3B | 32.1B | 39.8B | 51.5B | 33.0B | |
Good Will | 9.7B | 9.9B | 10.3B | 12.4B | 12.5B | 9.3B | |
Short Term Investments | 122.6B | 136.8B | 133.0B | 72.9B | 69.4B | 60.3B | |
Inventory | (23.4B) | (63.9B) | (30.1B) | (54.3B) | (61.2B) | (58.1B) | |
Other Current Assets | 23.4B | 63.9B | 30.1B | 54.3B | 61.2B | 100.6B | |
Treasury Stock | (20.2B) | (24.4B) | (25.9B) | (27.3B) | (24.5B) | (23.3B) | |
Intangible Assets | 3.2B | 2.9B | 3.7B | 7.2B | 6.1B | 3.8B | |
Property Plant Equipment | 3.7B | 3.5B | 3.3B | 3.9B | 4.4B | 2.6B | |
Noncontrolling Interest In Consolidated Entity | 626M | 628M | 630M | 469M | 539.4M | 656.5M | |
Retained Earnings Total Equity | 59.1B | 63.2B | 64.2B | 69.2B | 79.6B | 46.5B |
Also Currently Popular
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 US Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Bancorp'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 Us Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Bancorp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US 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 state. For information on how to trade USB Stock refer to our How to Trade USB Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified 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 US Bancorp. If investors know USB 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 US Bancorp 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 0.127 | Dividend Share 1.97 | Earnings Share 3.25 | Revenue Per Share 15.965 | Quarterly Revenue Growth (0.03) |
The market value of US Bancorp is measured differently than its book value, which is the value of USB that is recorded on the company's balance sheet. Investors also form their own opinion of US Bancorp's value that differs from its market value or its book value, called intrinsic value, which is US Bancorp'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 US Bancorp's market value can be influenced by many factors that don't directly affect US Bancorp'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 US Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Bancorp'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.