Discover Other Current Assets vs Common Stock Analysis

0IBC Stock

176.05 2.16 1.21%

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 Other Current Assets and its Common Stock 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.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Discover Financial Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Discover Financial's Other Current Assets and Common Stock is -0.27. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock 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 Other Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Discover Financial Services are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Discover Financial's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock

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 Revenue	9.8B	9.0B
Interest Expense	4.7B	5.0B

Total Revenue Interest Expense

Discover Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Other Current Assets	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue
Total Assets		0.64	0.92	0.55	-0.84	0.54	-0.82	0.55	0.31	0.19	0.81	0.81	0.8	0.51	0.29	0.16	0.63	0.45	-0.4	0.16	-0.39	-0.15	0.16	0.38	0.88	0.44
Short Long Term Debt Total	0.64		0.69	0.58	-0.3	0.02	-0.32	0.37	0.59	0.58	0.32	0.35	0.51	0.73	0.3	0.3	0.46	0.44	-0.01	0.15	-0.25	-0.17	0.28	0.02	0.84	-0.04
Total Stockholder Equity	0.92	0.69		0.57	-0.66	0.51	-0.71	0.66	0.13	0.06	0.61	0.74	0.81	0.47	0.26	0.19	0.48	0.47	-0.25	0.18	-0.29	-0.14	-0.04	0.39	0.9	0.34
Net Debt	0.55	0.58	0.57		-0.45	0.09	-0.43	0.16	0.43	0.48	0.59	0.44	0.36	0.49	0.19	0.15	0.51	0.3	-0.27	0.04	-0.61	0.01	0.36	-0.07	0.52	-0.02
Common Stock Shares Outstanding	-0.84	-0.3	-0.66	-0.45		-0.58	0.95	-0.43	-0.31	-0.09	-0.96	-0.9	-0.68	-0.32	-0.23	-0.02	-0.72	-0.26	0.69	0.06	0.51	0.1	-0.33	-0.39	-0.59	-0.45
Non Current Liabilities Total	0.54	0.02	0.51	0.09	-0.58		-0.74	0.76	-0.27	-0.38	0.43	0.8	0.8	0.07	0.56	0.44	0.03	0.69	-0.68	0.02	-0.21	-0.16	-0.25	0.87	0.39	0.79
Other Stockholder Equity	-0.82	-0.32	-0.71	-0.43	0.95	-0.74		-0.62	-0.17	0.02	-0.87	-0.99	-0.84	-0.33	-0.39	-0.19	-0.63	-0.42	0.75	-0.01	0.48	0.13	-0.16	-0.6	-0.65	-0.56
Total Liab	0.55	0.37	0.66	0.16	-0.43	0.76	-0.62		-0.19	-0.25	0.26	0.7	0.75	0.42	0.69	0.65	-0.01	0.69	-0.49	0.15	-0.21	-0.23	-0.23	0.76	0.58	0.6
Other Current Liab	0.31	0.59	0.13	0.43	-0.31	-0.27	-0.17	-0.19		0.86	0.39	0.11	0.02	0.61	0.06	-0.01	0.57	0.04	-0.1	-0.02	-0.43	-0.1	0.88	-0.43	0.31	-0.32
Total Current Liabilities	0.19	0.58	0.06	0.48	-0.09	-0.38	0.02	-0.25	0.86		0.21	-0.07	-0.06	0.62	0.14	0.04	0.42	0.03	0.03	0.23	-0.57	-0.28	0.68	-0.51	0.27	-0.4
Property Plant And Equipment Net	0.81	0.32	0.61	0.59	-0.96	0.43	-0.87	0.26	0.39	0.21		0.8	0.57	0.38	0.15	-0.01	0.78	0.17	-0.61	-0.04	-0.54	0.03	0.4	0.22	0.55	0.35
Retained Earnings	0.81	0.35	0.74	0.44	-0.9	0.8	-0.99	0.7	0.11	-0.07	0.8		0.89	0.34	0.45	0.27	0.57	0.5	-0.75	0.02	-0.46	-0.14	0.07	0.67	0.67	0.59
Accounts Payable	0.8	0.51	0.81	0.36	-0.68	0.8	-0.84	0.75	0.02	-0.06	0.57	0.89		0.4	0.5	0.39	0.45	0.63	-0.52	0.24	-0.27	-0.14	-0.19	0.74	0.83	0.61
Cash	0.51	0.73	0.47	0.49	-0.32	0.07	-0.33	0.42	0.61	0.62	0.38	0.34	0.4		0.53	0.58	0.47	0.29	-0.23	0.29	-0.44	0.05	0.37	0.01	0.62	0.07
Non Current Assets Total	0.29	0.3	0.26	0.19	-0.23	0.56	-0.39	0.69	0.06	0.14	0.15	0.45	0.5	0.53		0.92	-0.05	0.66	-0.64	0.22	-0.48	-0.36	-0.03	0.67	0.34	0.68
Non Currrent Assets Other	0.16	0.3	0.19	0.15	-0.02	0.44	-0.19	0.65	-0.01	0.04	-0.01	0.27	0.39	0.58	0.92		-0.17	0.64	-0.44	0.16	-0.2	-0.03	-0.14	0.59	0.27	0.61
Cash And Short Term Investments	0.63	0.46	0.48	0.51	-0.72	0.03	-0.63	-0.01	0.57	0.42	0.78	0.57	0.45	0.47	-0.05	-0.17		-0.19	-0.33	0.06	-0.43	0.13	0.4	-0.05	0.58	0.0
Net Receivables	0.45	0.44	0.47	0.3	-0.26	0.69	-0.42	0.69	0.04	0.03	0.17	0.5	0.63	0.29	0.66	0.64	-0.19		-0.39	0.01	-0.15	-0.26	-0.04	0.62	0.47	0.53
Good Will	-0.4	-0.01	-0.25	-0.27	0.69	-0.68	0.75	-0.49	-0.1	0.03	-0.61	-0.75	-0.52	-0.23	-0.64	-0.44	-0.33	-0.39		0.25	0.58	0.21	-0.19	-0.63	-0.18	-0.67
Short Term Investments	0.16	0.15	0.18	0.04	0.06	0.02	-0.01	0.15	-0.02	0.23	-0.04	0.02	0.24	0.29	0.22	0.16	0.06	0.01	0.25		-0.26	-0.21	-0.18	0.05	0.31	0.03
Other Current Assets	-0.39	-0.25	-0.29	-0.61	0.51	-0.21	0.48	-0.21	-0.43	-0.57	-0.54	-0.46	-0.27	-0.44	-0.48	-0.2	-0.43	-0.15	0.58	-0.26		0.52	-0.47	-0.04	-0.27	-0.13
Total Current Assets	-0.15	-0.17	-0.14	0.01	0.1	-0.16	0.13	-0.23	-0.1	-0.28	0.03	-0.14	-0.14	0.05	-0.36	-0.03	0.13	-0.26	0.21	-0.21	0.52		-0.13	-0.16	-0.14	-0.11
Short Term Debt	0.16	0.28	-0.04	0.36	-0.33	-0.25	-0.16	-0.23	0.88	0.68	0.4	0.07	-0.19	0.37	-0.03	-0.14	0.4	-0.04	-0.19	-0.18	-0.47	-0.13		-0.47	0.01	-0.35
Intangible Assets	0.38	0.02	0.39	-0.07	-0.39	0.87	-0.6	0.76	-0.43	-0.51	0.22	0.67	0.74	0.01	0.67	0.59	-0.05	0.62	-0.63	0.05	-0.04	-0.16	-0.47		0.36	0.9
Common Stock	0.88	0.84	0.9	0.52	-0.59	0.39	-0.65	0.58	0.31	0.27	0.55	0.67	0.83	0.62	0.34	0.27	0.58	0.47	-0.18	0.31	-0.27	-0.14	0.01	0.36		0.29
Current Deferred Revenue	0.44	-0.04	0.34	-0.02	-0.45	0.79	-0.56	0.6	-0.32	-0.4	0.35	0.59	0.61	0.07	0.68	0.61	0.0	0.53	-0.67	0.03	-0.13	-0.11	-0.35	0.9	0.29

Click cells to compare fundamentals

Discover Financial Account Relationship Matchups

Discover Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	114.0B	112.9B	110.2B	131.6B	151.5B	86.5B
Short Long Term Debt Total	25.7B	21.2B	20.2B	20.1B	21.3B	18.1B
Total Stockholder Equity	11.9B	10.9B	13.4B	14.6B	14.8B	10.5B
Net Debt	18.8B	7.7B	11.5B	11.3B	9.6B	7.6B
Common Stock Shares Outstanding	320M	307M	300M	278M	254M	343.8M
Liabilities And Stockholders Equity	114.0B	112.9B	110.2B	131.6B	151.5B	86.8B
Non Current Liabilities Total	25.7B	21.2B	19.0B	117.0B	136.7B	143.5B
Other Stockholder Equity	(9.9B)	(10.2B)	(12.3B)	(14.6B)	(16.5B)	(15.6B)
Total Liab	25.7B	21.2B	96.8B	117.0B	136.7B	143.5B
Other Current Liab	57.6B	66.7B	(1.8B)	19.8B	(750M)	(712.5M)
Total Current Liabilities	62.9B	70.9B	1.3B	23.6B	4.8B	4.5B
Property Plant And Equipment Net	1.1B	1.0B	983M	1.0B	1.1B	801.6M
Retained Earnings	21.3B	20.0B	24.8B	28.5B	30.4B	32.0B
Accounts Payable	72.7B	76.9B	72.4B	91.6B	105.4B	110.7B
Cash	6.9B	13.6B	8.8B	8.9B	11.7B	10.2B
Non Current Assets Total	12.1B	13.5B	8.1B	13.5B	139.8B	146.8B
Non Currrent Assets Other	(933M)	(2.2B)	(1.9B)	(2.1B)	122.1B	128.2B
Cash And Short Term Investments	18.4B	28.4B	20.3B	10.6B	11.7B	10.7B
Net Receivables	92.5B	944M	914M	104.7B	120.5B	126.5B
Short Term Investments	875M	2.7B	2.0B	1.7B	2.1B	1.7B
Other Current Assets	2.0B	2.1B	4.7B	2.8B	3.5B	4.5B
Total Current Assets	18.4B	29.3B	21.2B	10.6B	11.7B	16.3B
Accumulated Other Comprehensive Income	(119M)	45M	(94M)	(339M)	(225M)	(213.8M)
Short Term Debt	5.2B	4.2B	1.8B	3.8B	750M	712.5M
Intangible Assets	161M	155M	95M	255M	703M	738.2M
Other Assets	83.5B	70.1B	80.9B	107.6B	(2.1B)	(2.0B)
Inventory	(94.6B)	(2.1B)	(4.7B)	(107.5B)	(96.7B)	(91.9B)
Long Term Debt	21.1B	20.7B	20.5B	17.0B	15.3B	15.9B
Capital Surpluse	4.0B	4.1B	4.2B	4.3B	4.9B	4.5B
Treasury Stock	(10.3B)	(12.3B)	(14.1B)	(14.4B)	(13.0B)	(13.6B)
Property Plant Equipment	541M	487M	425M	396M	356.4M	408M
Earning Assets	1.6B	3.4B	10.6B	12.1B	13.9B	14.6B
Other Liab	199M	227M	198M	212M	243.8M	212.5M
Net Tangible Assets	10.4B	8.9B	11.5B	12.7B	14.6B	11.5B

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Additional Tools for Discover Stock Analysis

When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Discover Other Current Assets vs Common Stock Analysis

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

Correlation Coefficient

Other Current Assets

Common Stock

Discover Financial fundamental ratios Correlations

Discover Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Discover Financial fundamental ratios Accounts

Also Currently Popular

Additional Tools for Discover Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 0.95	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.92	Total Assets
Non Currrent Assets Other	+ 0.92	Non Current Assets Total
Common Stock	+ 0.9	Total Stockholder Equity
Current Deferred Revenue	+ 0.9	Intangible Assets
Accounts Payable	+ 0.89	Retained Earnings

Retained Earnings	- 0.99	Other Stockholder Equity
Property Plant And Equipment Net	- 0.96	Common Stock Shares Outstanding
Retained Earnings	- 0.9	Common Stock Shares Outstanding
Property Plant And Equipment Net	- 0.87	Other Stockholder Equity
Accounts Payable	- 0.84	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.84	Total Assets