Synovus Total Assets vs Property Plant And Equipment Gross 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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synovus Financial Corp Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Synovus Financial's Total Assets and Property Plant And Equipment Gross is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Synovus Financial Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Synovus Financial's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Gross

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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Synovus Stock Analysis

When running Synovus Financial's price analysis, check to measure Synovus 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 Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus 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 Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.