SNV Stock | | | USD 50.35 0.67 1.35% |
Synovus Financial financial indicator trend analysis is much more than just breaking down Synovus Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synovus Financial Corp is a good investment. Please check the relationship between Synovus Financial Common Stock Total Equity and its Total Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus 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 board of governors.
Common Stock Total Equity vs Total Assets
Common Stock Total Equity vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Synovus Financial Corp Common Stock Total Equity account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Synovus Financial's Common Stock Total Equity and Total Assets is -0.35. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Synovus Financial Corp, assuming nothing else is changed. The correlation between historical values of Synovus Financial's Common Stock Total Equity and Total 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 Common Stock Total Equity of Synovus Financial Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Total Equity i.e., Synovus Financial's Common Stock Total Equity and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Total Assets
Total assets refers to the total amount of Synovus Financial 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 Synovus Financial Corp 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.
Most indicators from Synovus Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synovus 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 Synovus 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 board of governors.
Selling General Administrative is likely to drop to about 37.9
M in 2024.
Tax Provision is likely to drop to about 187.3
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
EBITDA | 1.1B | 1.0B | 2.7B | 2.8B | EBIT | 944.9M | 982.8M | 2.6B | 2.8B |
Synovus Financial fundamental ratios Correlations
Click cells to compare fundamentals
Synovus Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synovus Financial fundamental ratios Accounts
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Additional Tools for Synovus Stock Analysis
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