Discover Depreciation vs Dividends Paid Analysis

0IBC Stock   176.41  1.43  0.82%   
Discover Financial financial indicator trend analysis is much more than just examining Discover Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Discover Financial is a good investment. Please check the relationship between Discover Financial Depreciation and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Discover Financial Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Discover Financial's Depreciation and Dividends Paid is 0.59. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Discover Financial Services, assuming nothing else is changed. The correlation between historical values of Discover Financial's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Discover Financial Services are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Discover Financial's Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of Discover Financial value has been used up. For tax purposes Discover Financial can deduct the cost of the tangible assets it purchases as business expenses. However, Discover Financial Services must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Discover Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Discover Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 1.4 B in 2024. Tax Provision is likely to drop to about 251.4 M in 2024
 2023 2024 (projected)
Total Revenue9.8B9.0B
Interest Expense4.7B5.0B

Discover Financial fundamental ratios Correlations

0.640.920.55-0.840.54-0.820.550.310.190.810.810.80.510.290.160.630.45-0.40.16-0.39-0.150.160.380.880.44
0.640.690.58-0.30.02-0.320.370.590.580.320.350.510.730.30.30.460.44-0.010.15-0.25-0.170.280.020.84-0.04
0.920.690.57-0.660.51-0.710.660.130.060.610.740.810.470.260.190.480.47-0.250.18-0.29-0.14-0.040.390.90.34
0.550.580.57-0.450.09-0.430.160.430.480.590.440.360.490.190.150.510.3-0.270.04-0.610.010.36-0.070.52-0.02
-0.84-0.3-0.66-0.45-0.580.95-0.43-0.31-0.09-0.96-0.9-0.68-0.32-0.23-0.02-0.72-0.260.690.060.510.1-0.33-0.39-0.59-0.45
0.540.020.510.09-0.58-0.740.76-0.27-0.380.430.80.80.070.560.440.030.69-0.680.02-0.21-0.16-0.250.870.390.79
-0.82-0.32-0.71-0.430.95-0.74-0.62-0.170.02-0.87-0.99-0.84-0.33-0.39-0.19-0.63-0.420.75-0.010.480.13-0.16-0.6-0.65-0.56
0.550.370.660.16-0.430.76-0.62-0.19-0.250.260.70.750.420.690.65-0.010.69-0.490.15-0.21-0.23-0.230.760.580.6
0.310.590.130.43-0.31-0.27-0.17-0.190.860.390.110.020.610.06-0.010.570.04-0.1-0.02-0.43-0.10.88-0.430.31-0.32
0.190.580.060.48-0.09-0.380.02-0.250.860.21-0.07-0.060.620.140.040.420.030.030.23-0.57-0.280.68-0.510.27-0.4
0.810.320.610.59-0.960.43-0.870.260.390.210.80.570.380.15-0.010.780.17-0.61-0.04-0.540.030.40.220.550.35
0.810.350.740.44-0.90.8-0.990.70.11-0.070.80.890.340.450.270.570.5-0.750.02-0.46-0.140.070.670.670.59
0.80.510.810.36-0.680.8-0.840.750.02-0.060.570.890.40.50.390.450.63-0.520.24-0.27-0.14-0.190.740.830.61
0.510.730.470.49-0.320.07-0.330.420.610.620.380.340.40.530.580.470.29-0.230.29-0.440.050.370.010.620.07
0.290.30.260.19-0.230.56-0.390.690.060.140.150.450.50.530.92-0.050.66-0.640.22-0.48-0.36-0.030.670.340.68
0.160.30.190.15-0.020.44-0.190.65-0.010.04-0.010.270.390.580.92-0.170.64-0.440.16-0.2-0.03-0.140.590.270.61
0.630.460.480.51-0.720.03-0.63-0.010.570.420.780.570.450.47-0.05-0.17-0.19-0.330.06-0.430.130.4-0.050.580.0
0.450.440.470.3-0.260.69-0.420.690.040.030.170.50.630.290.660.64-0.19-0.390.01-0.15-0.26-0.040.620.470.53
-0.4-0.01-0.25-0.270.69-0.680.75-0.49-0.10.03-0.61-0.75-0.52-0.23-0.64-0.44-0.33-0.390.250.580.21-0.19-0.63-0.18-0.67
0.160.150.180.040.060.02-0.010.15-0.020.23-0.040.020.240.290.220.160.060.010.25-0.26-0.21-0.180.050.310.03
-0.39-0.25-0.29-0.610.51-0.210.48-0.21-0.43-0.57-0.54-0.46-0.27-0.44-0.48-0.2-0.43-0.150.58-0.260.52-0.47-0.04-0.27-0.13
-0.15-0.17-0.140.010.1-0.160.13-0.23-0.1-0.280.03-0.14-0.140.05-0.36-0.030.13-0.260.21-0.210.52-0.13-0.16-0.14-0.11
0.160.28-0.040.36-0.33-0.25-0.16-0.230.880.680.40.07-0.190.37-0.03-0.140.4-0.04-0.19-0.18-0.47-0.13-0.470.01-0.35
0.380.020.39-0.07-0.390.87-0.60.76-0.43-0.510.220.670.740.010.670.59-0.050.62-0.630.05-0.04-0.16-0.470.360.9
0.880.840.90.52-0.590.39-0.650.580.310.270.550.670.830.620.340.270.580.47-0.180.31-0.27-0.140.010.360.29
0.44-0.040.34-0.02-0.450.79-0.560.6-0.32-0.40.350.590.610.070.680.610.00.53-0.670.03-0.13-0.11-0.350.90.29
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Discover Financial Account Relationship Matchups

Discover Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets114.0B112.9B110.2B131.6B151.5B86.5B
Short Long Term Debt Total25.7B21.2B20.2B20.1B21.3B18.1B
Total Stockholder Equity11.9B10.9B13.4B14.6B14.8B10.5B
Net Debt18.8B7.7B11.5B11.3B9.6B7.6B
Common Stock Shares Outstanding320M307M300M278M254M343.8M
Liabilities And Stockholders Equity114.0B112.9B110.2B131.6B151.5B86.8B
Non Current Liabilities Total25.7B21.2B19.0B117.0B136.7B143.5B
Other Stockholder Equity(9.9B)(10.2B)(12.3B)(14.6B)(16.5B)(15.6B)
Total Liab25.7B21.2B96.8B117.0B136.7B143.5B
Other Current Liab57.6B66.7B(1.8B)19.8B(750M)(712.5M)
Total Current Liabilities62.9B70.9B1.3B23.6B4.8B4.5B
Property Plant And Equipment Net1.1B1.0B983M1.0B1.1B801.6M
Retained Earnings21.3B20.0B24.8B28.5B30.4B32.0B
Accounts Payable72.7B76.9B72.4B91.6B105.4B110.7B
Cash6.9B13.6B8.8B8.9B11.7B10.2B
Non Current Assets Total12.1B13.5B8.1B13.5B139.8B146.8B
Non Currrent Assets Other(933M)(2.2B)(1.9B)(2.1B)122.1B128.2B
Cash And Short Term Investments18.4B28.4B20.3B10.6B11.7B10.7B
Net Receivables92.5B944M914M104.7B120.5B126.5B
Short Term Investments875M2.7B2.0B1.7B2.1B1.7B
Other Current Assets2.0B2.1B4.7B2.8B3.5B4.5B
Total Current Assets18.4B29.3B21.2B10.6B11.7B16.3B
Accumulated Other Comprehensive Income(119M)45M(94M)(339M)(225M)(213.8M)
Short Term Debt5.2B4.2B1.8B3.8B750M712.5M
Intangible Assets161M155M95M255M703M738.2M
Other Assets83.5B70.1B80.9B107.6B(2.1B)(2.0B)
Inventory(94.6B)(2.1B)(4.7B)(107.5B)(96.7B)(91.9B)
Long Term Debt21.1B20.7B20.5B17.0B15.3B15.9B
Capital Surpluse4.0B4.1B4.2B4.3B4.9B4.5B
Treasury Stock(10.3B)(12.3B)(14.1B)(14.4B)(13.0B)(13.6B)
Property Plant Equipment541M487M425M396M356.4M408M
Earning Assets1.6B3.4B10.6B12.1B13.9B14.6B
Other Liab199M227M198M212M243.8M212.5M
Net Tangible Assets10.4B8.9B11.5B12.7B14.6B11.5B

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