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 Short Term Investments and its Short Long Term Debt 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.
Short Term Investments vs Short Long Term Debt
Short Term Investments vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Synovus Financial Corp Short Term Investments account and
Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Synovus Financial's Short Term Investments and Short Long Term Debt is -0.88. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term Debt 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 Short Term Investments and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Synovus Financial Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Short Term Investments i.e., Synovus Financial's Short Term Investments and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Synovus Financial balance sheet. It contains any investments Synovus Financial Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Synovus Financial Corp can easily liquidate in the marketplace.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
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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