GTCO Stock | | | 1.85 0.06 3.35% |
Guaranty Trust financial indicator trend analysis is much more than just examining Guaranty Trust Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guaranty Trust Holding is a good investment. Please check the relationship between Guaranty Trust Accounts Payable and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. 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.
Accounts Payable vs Property Plant Equipment
Accounts Payable vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guaranty Trust Holding Accounts Payable account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Guaranty Trust's Accounts Payable and Property Plant Equipment is -0.02. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Guaranty Trust Holding, assuming nothing else is changed. The correlation between historical values of Guaranty Trust's Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Guaranty Trust Holding are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Guaranty Trust's Accounts Payable and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Guaranty Trust obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Guaranty Trust Holding are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Property Plant Equipment
Most indicators from Guaranty Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guaranty Trust Holding 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. 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.
Discontinued Operations is likely to drop to about (15.5
M) in 2024.
Tax Provision is likely to drop to about 54.4
B in 2024
Guaranty Trust fundamental ratios Correlations
Click cells to compare fundamentals
Guaranty Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guaranty Trust fundamental ratios Accounts
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