Synovus Long Term Debt vs Total Current Liabilities Analysis

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 Long Term Debt and its Total Current Liabilities 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.

Long Term Debt vs Total Current Liabilities

Long Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synovus Financial Corp Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Synovus Financial's Long Term Debt and Total Current Liabilities is -0.03. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities 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 Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Synovus Financial Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Debt i.e., Synovus Financial's Long Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Synovus Financial Corp has held for over one year. Long-term debt appears on Synovus Financial Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Synovus Financial Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Current Liabilities

Total Current Liabilities is an item on Synovus Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Synovus Financial Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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)
EBITDA1.1B1.0B2.7B2.8B
EBIT944.9M982.8M2.6B2.8B

Synovus Financial fundamental ratios Correlations

0.520.490.080.110.860.580.130.53-0.08-0.190.430.45-0.130.510.260.240.150.770.3-0.09-0.090.240.610.410.42
0.520.13-0.34-0.270.810.55-0.210.590.590.42-0.060.960.541.0-0.25-0.390.850.860.93-0.35-0.350.650.880.280.98
0.490.130.070.120.210.040.72-0.2-0.27-0.350.540.02-0.230.130.050.460.020.440.01-0.28-0.29-0.340.060.810.03
0.08-0.340.070.76-0.250.410.07-0.270.080.22-0.14-0.420.14-0.350.890.42-0.39-0.08-0.410.260.27-0.64-0.4-0.09-0.42
0.11-0.270.120.76-0.20.450.0-0.210.170.32-0.26-0.340.23-0.280.680.55-0.410.04-0.270.390.39-0.59-0.36-0.03-0.33
0.860.810.21-0.25-0.20.61-0.160.750.220.060.180.780.140.8-0.07-0.120.50.830.65-0.23-0.220.620.890.220.76
0.580.550.040.410.450.61-0.210.390.640.63-0.360.450.630.540.360.120.340.640.460.020.030.10.54-0.040.46
0.13-0.210.720.070.0-0.16-0.21-0.66-0.42-0.450.5-0.35-0.34-0.21-0.040.32-0.13-0.07-0.26-0.11-0.11-0.62-0.220.72-0.28
0.530.59-0.2-0.27-0.210.750.39-0.660.150.090.040.650.070.59-0.1-0.180.270.540.480.010.010.790.69-0.140.59
-0.080.59-0.270.080.170.220.64-0.420.150.95-0.760.580.990.6-0.04-0.330.680.40.69-0.16-0.150.250.39-0.210.6
-0.190.42-0.350.220.320.060.63-0.450.090.95-0.790.360.950.420.07-0.180.460.270.530.010.020.10.22-0.350.43
0.43-0.060.54-0.14-0.260.18-0.360.50.04-0.76-0.79-0.13-0.77-0.060.030.13-0.260.12-0.25-0.14-0.15-0.020.060.53-0.1
0.450.960.02-0.42-0.340.780.45-0.350.650.580.36-0.130.510.96-0.31-0.480.870.780.93-0.37-0.370.770.880.190.97
-0.130.54-0.230.140.230.140.63-0.340.070.990.95-0.770.510.54-0.03-0.280.660.350.65-0.13-0.120.140.33-0.150.54
0.511.00.13-0.35-0.280.80.54-0.210.590.60.42-0.060.960.54-0.26-0.40.850.850.93-0.36-0.360.650.880.290.98
0.26-0.250.050.890.68-0.070.36-0.04-0.1-0.040.070.03-0.31-0.03-0.260.36-0.440.09-0.410.20.2-0.46-0.34-0.17-0.34
0.24-0.390.460.420.55-0.120.120.32-0.18-0.33-0.180.13-0.48-0.28-0.40.36-0.64-0.01-0.420.580.58-0.59-0.440.17-0.46
0.150.850.02-0.39-0.410.50.34-0.130.270.680.46-0.260.870.660.85-0.44-0.640.550.89-0.55-0.550.570.750.240.87
0.770.860.44-0.080.040.830.64-0.070.540.40.270.120.780.350.850.09-0.010.550.68-0.3-0.30.40.710.380.77
0.30.930.01-0.41-0.270.650.46-0.260.480.690.53-0.250.930.650.93-0.41-0.420.890.68-0.28-0.270.650.820.210.97
-0.09-0.35-0.280.260.39-0.230.02-0.110.01-0.160.01-0.14-0.37-0.13-0.360.20.58-0.55-0.3-0.281.0-0.31-0.41-0.15-0.35
-0.09-0.35-0.290.270.39-0.220.03-0.110.01-0.150.02-0.15-0.37-0.12-0.360.20.58-0.55-0.3-0.271.0-0.31-0.4-0.15-0.34
0.240.65-0.34-0.64-0.590.620.1-0.620.790.250.1-0.020.770.140.65-0.46-0.590.570.40.65-0.31-0.310.75-0.220.73
0.610.880.06-0.4-0.360.890.54-0.220.690.390.220.060.880.330.88-0.34-0.440.750.710.82-0.41-0.40.750.190.88
0.410.280.81-0.09-0.030.22-0.040.72-0.14-0.21-0.350.530.19-0.150.29-0.170.170.240.380.21-0.15-0.15-0.220.190.2
0.420.980.03-0.42-0.330.760.46-0.280.590.60.43-0.10.970.540.98-0.34-0.460.870.770.97-0.35-0.340.730.880.2
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Synovus Financial Account Relationship Matchups

Synovus Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding156.1M148.2M148.5M146.5M146.7M77.9M
Total Assets48.2B54.4B57.3B59.7B59.8B62.8B
Short Long Term Debt Total3.9B1.2B1.2B4.7B1.2B1.7B
Other Current Liab(1.8B)(7.7M)(197K)(600.0M)22.6B11.9B
Total Current Liabilities1.8B7.7M197K603.4M22.9B14.6B
Total Stockholder Equity4.9B5.2B5.3B4.5B5.1B2.8B
Property Plant And Equipment Net493.9M464.0M407.2M370.6M838.9M498.7M
Net Debt2.8B(2.9B)(1.7B)2.8B(1.2B)(1.1B)
Cash1.1B4.1B2.9B1.9B2.4B1.3B
Non Current Assets Total7.8B8.9B11.8B(479.5M)60.9B63.9B
Non Currrent Assets Other(272.0M)(368.2M)(325.0M)(11.8B)49.0B51.5B
Other Assets32.3B33.1B31.4B59.7B(18.7B)(17.8B)
Cash And Short Term Investments7.9B12.1B13.9B11.6B12.2B12.8B
Liabilities And Stockholders Equity48.2B54.4B57.3B59.7B59.8B62.8B
Non Current Liabilities Total2.2B1.2B1.2B644.5M54.7B57.4B
Total Liab43.3B49.2B52.0B55.3B54.7B57.4B
Total Current Assets8.1B12.4B14.1B517.2M17.7B15.3B
Short Term Debt1.8B7.7M197K600.0M300.9M285.9M
Retained Earnings1.1B1.2B1.7B2.2B2.5B2.6B
Other Stockholder Equity3.1B3.1B3.0B3.0B3.0B3.2B
Accumulated Other Comprehensive Income65.6M158.6M(82.3M)(1.4B)(1.1B)(1.1B)
Property Plant And Equipment Gross868.7M844.3M1.4B1.3B1.4B1.5B
Common Stock Total Equity166.8M168.1M169.4M170.1M153.1M277.9M
Common Stock166.8M168.1M169.4M170.1M171.4M272.3M
Other Liab357.4M1.1B1.1B534.9M615.1M455.3M
Accounts Payable38.4B46.7B49.4B48.9B56.2B28.3B
Long Term Debt2.2B1.2B1.2B4.1B1.2B1.8B
Short Term Investments6.8B8.0B10.9B9.7B9.8B10.3B
Inventory(1.5B)(4.6B)(3.3B)(394.0M)(1.2B)(1.1B)
Treasury Stock(1.0B)(715.6M)(731.8M)(931.5M)(838.3M)(796.4M)
Intangible Assets55.7M45.1M35.6M27.1M45.9M43.6M
Property Plant Equipment868.7M464.0M407.2M370.6M333.6M451.9M
Other Current Assets1.5B4.6B3.3B(11.1B)5.5B5.2B
Net Receivables234.9M281.7M242.3M394.0M499.3M524.3M
Net Tangible Assets3.9B4.1B4.3B3.5B4.0B3.4B
Retained Earnings Total Equity1.1B1.2B1.7B2.2B2.6B2.7B
Long Term Debt Total2.2B1.2B1.2B4.1B4.7B5.0B

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