Suncorp Common Stock Total Equity vs Short Term Debt Analysis

SUN Stock

18.70 0.35 1.84%

Suncorp financial indicator trend analysis is much more than just breaking down Suncorp Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suncorp Group is a good investment. Please check the relationship between Suncorp Common Stock Total Equity and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncorp Group. 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 Short Term Debt

Common Stock Total Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncorp Group Common Stock Total Equity account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Suncorp's Common Stock Total Equity and Short Term Debt is 0.54. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Suncorp Group, assuming nothing else is changed. The correlation between historical values of Suncorp's Common Stock Total Equity and Short 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 Common Stock Total Equity of Suncorp Group are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Total Equity i.e., Suncorp's Common Stock Total Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Short Term Debt

Most indicators from Suncorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suncorp Group 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 Suncorp Group. 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 gain to about 270.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 154 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	13.7B	16.0B	13.1B	9.6B
Interest Expense	403M	1.7B	315M	299.3M

Total Revenue Interest Expense

Suncorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.61	0.0	0.09	0.96	0.56	0.6	0.49	0.58	0.37	0.29	0.98	0.1	0.36	0.85	0.43	0.04	0.42	-0.59	0.07	-0.49	0.67	0.38	0.14	0.6	0.45
Short Long Term Debt Total	0.61		-0.53	-0.41	0.59	0.52	0.96	-0.11	0.55	0.56	0.51	0.66	-0.55	0.09	0.34	0.6	-0.6	0.66	-0.21	-0.57	-0.18	0.39	0.1	-0.01	0.3	0.76
Other Current Liab	0.0	-0.53		0.96	-0.14	0.28	-0.58	0.14	-0.29	0.1	0.15	-0.12	0.94	0.64	0.31	-0.45	0.95	0.03	0.18	0.68	0.37	0.2	0.73	-0.25	0.39	-0.15
Total Current Liabilities	0.09	-0.41	0.96		-0.06	0.41	-0.48	0.19	-0.21	0.24	0.28	-0.03	0.93	0.73	0.37	-0.42	0.92	0.16	0.19	0.65	0.38	0.17	0.82	-0.21	0.52	-0.02
Total Stockholder Equity	0.96	0.59	-0.14	-0.06		0.36	0.61	0.54	0.5	0.19	0.09	0.97	-0.01	0.17	0.84	0.38	-0.05	0.24	-0.69	0.06	-0.66	0.57	0.19	0.23	0.46	0.32
Property Plant And Equipment Net	0.56	0.52	0.28	0.41	0.36		0.39	-0.05	0.3	0.92	0.91	0.48	0.2	0.68	0.38	0.45	0.13	0.92	0.25	-0.01	0.32	0.59	0.82	-0.07	0.59	0.85
Net Debt	0.6	0.96	-0.58	-0.48	0.61	0.39		-0.08	0.58	0.43	0.38	0.66	-0.58	-0.07	0.34	0.56	-0.62	0.54	-0.27	-0.56	-0.24	0.39	-0.01	0.03	0.34	0.66
Retained Earnings	0.49	-0.11	0.14	0.19	0.54	-0.05	-0.08		0.19	-0.2	-0.29	0.5	0.41	0.2	0.5	-0.14	0.37	-0.23	-0.64	0.57	-0.49	0.26	0.04	0.49	0.21	-0.27
Cash	0.58	0.55	-0.29	-0.21	0.5	0.3	0.58	0.19		0.34	0.31	0.58	-0.23	0.12	0.35	0.32	-0.34	0.42	-0.46	-0.37	-0.23	0.37	0.06	-0.08	0.29	0.46
Non Current Assets Total	0.37	0.56	0.1	0.24	0.19	0.92	0.43	-0.2	0.34		0.99	0.34	0.01	0.54	0.17	0.42	-0.08	0.99	0.41	-0.16	0.4	0.48	0.72	0.0	0.38	0.94
Non Currrent Assets Other	0.29	0.51	0.15	0.28	0.09	0.91	0.38	-0.29	0.31	0.99		0.24	0.01	0.53	0.1	0.42	-0.06	0.98	0.48	-0.22	0.5	0.45	0.73	-0.14	0.39	0.93
Other Assets	0.98	0.66	-0.12	-0.03	0.97	0.48	0.66	0.5	0.58	0.34	0.24		0.01	0.28	0.84	0.37	-0.05	0.39	-0.64	0.07	-0.58	0.64	0.29	0.28	0.48	0.44
Cash And Short Term Investments	0.1	-0.55	0.94	0.93	-0.01	0.2	-0.58	0.41	-0.23	0.01	0.01	0.01		0.64	0.42	-0.54	0.99	-0.09	-0.04	0.85	0.19	0.22	0.65	0.0	0.38	-0.26
Net Receivables	0.36	0.09	0.64	0.73	0.17	0.68	-0.07	0.2	0.12	0.54	0.53	0.28	0.64		0.44	-0.15	0.58	0.5	0.02	0.42	0.31	0.37	0.81	-0.05	0.51	0.35
Common Stock Total Equity	0.85	0.34	0.31	0.37	0.84	0.38	0.34	0.5	0.35	0.17	0.1	0.84	0.42	0.44		-0.06	0.39	0.2	-0.63	0.36	-0.51	0.54	0.5	0.08	0.54	0.2
Common Stock Shares Outstanding	0.43	0.6	-0.45	-0.42	0.38	0.45	0.56	-0.14	0.32	0.42	0.42	0.37	-0.54	-0.15	-0.06		-0.57	0.48	0.11	-0.56	-0.02	0.39	-0.04	-0.08	0.2	0.55
Short Term Investments	0.04	-0.6	0.95	0.92	-0.05	0.13	-0.62	0.37	-0.34	-0.08	-0.06	-0.05	0.99	0.58	0.39	-0.57		-0.17	-0.02	0.84	0.18	0.15	0.61	-0.04	0.35	-0.34
Non Current Liabilities Total	0.42	0.66	0.03	0.16	0.24	0.92	0.54	-0.23	0.42	0.99	0.98	0.39	-0.09	0.5	0.2	0.48	-0.17		0.34	-0.28	0.35	0.49	0.67	-0.08	0.4	0.98
Inventory	-0.59	-0.21	0.18	0.19	-0.69	0.25	-0.27	-0.64	-0.46	0.41	0.48	-0.64	-0.04	0.02	-0.63	0.11	-0.02	0.34		-0.15	0.78	-0.21	0.26	-0.22	-0.1	0.28
Other Current Assets	0.07	-0.57	0.68	0.65	0.06	-0.01	-0.56	0.57	-0.37	-0.16	-0.22	0.07	0.85	0.42	0.36	-0.56	0.84	-0.28	-0.15		-0.06	0.24	0.37	0.5	0.12	-0.4
Other Stockholder Equity	-0.49	-0.18	0.37	0.38	-0.66	0.32	-0.24	-0.49	-0.23	0.4	0.5	-0.58	0.19	0.31	-0.51	-0.02	0.18	0.35	0.78	-0.06		0.01	0.38	-0.35	0.17	0.22
Total Liab	0.67	0.39	0.2	0.17	0.57	0.59	0.39	0.26	0.37	0.48	0.45	0.64	0.22	0.37	0.54	0.39	0.15	0.49	-0.21	0.24	0.01		0.48	0.23	0.38	0.46
Property Plant And Equipment Gross	0.38	0.1	0.73	0.82	0.19	0.82	-0.01	0.04	0.06	0.72	0.73	0.29	0.65	0.81	0.5	-0.04	0.61	0.67	0.26	0.37	0.38	0.48		-0.17	0.6	0.54
Total Current Assets	0.14	-0.01	-0.25	-0.21	0.23	-0.07	0.03	0.49	-0.08	0.0	-0.14	0.28	0.0	-0.05	0.08	-0.08	-0.04	-0.08	-0.22	0.5	-0.35	0.23	-0.17		-0.26	-0.07
Short Term Debt	0.6	0.3	0.39	0.52	0.46	0.59	0.34	0.21	0.29	0.38	0.39	0.48	0.38	0.51	0.54	0.2	0.35	0.4	-0.1	0.12	0.17	0.38	0.6	-0.26		0.31
Intangible Assets	0.45	0.76	-0.15	-0.02	0.32	0.85	0.66	-0.27	0.46	0.94	0.93	0.44	-0.26	0.35	0.2	0.55	-0.34	0.98	0.28	-0.4	0.22	0.46	0.54	-0.07	0.31

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Suncorp Account Relationship Matchups

Suncorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	96.0B	97.0B	106.4B	115.0B	111.7B	65.3B
Short Long Term Debt Total	22.9B	28.3B	32.9B	26.5B	2.5B	2.4B
Other Current Liab	10.9B	11.4B	12.3B	12.0B	82.5B	86.7B
Total Current Liabilities	23.3B	21.2B	24.6B	29.7B	82.5B	86.7B
Total Stockholder Equity	12.8B	13.4B	12.8B	13.3B	13.8B	8.4B
Property Plant And Equipment Net	576M	504M	712M	604M	484M	252.6M
Net Debt	21.7B	19.9B	22.1B	22.6B	1.8B	1.7B
Retained Earnings	82M	662M	456M	972M	1.4B	750.5M
Cash	1.2B	1.2B	1.4B	3.9B	734M	697.3M
Non Current Assets Total	87.6B	87.8B	93.4B	100.9B	24.7B	20.1B
Non Currrent Assets Other	75.0B	75.8B	80.6B	88.1B	18.0B	11.5B
Other Assets	87.7B	87.7B	95.8B	102.6B	86.3B	61.7B
Cash And Short Term Investments	1.5B	2.6B	3.8B	5.6B	18.0B	18.9B
Common Stock Shares Outstanding	1.4B	1.4B	1.4B	1.4B	1.4B	928.5M
Short Term Investments	1.5B	1.6B	2.7B	2.2B	17.3B	18.2B
Liabilities And Stockholders Equity	96.0B	97.0B	106.4B	115.0B	111.7B	65.4B
Non Current Liabilities Total	59.9B	62.4B	69.1B	72.0B	15.5B	12.6B
Inventory	(2.0B)	(4.1B)	(6.3B)	(7.4B)	(6.6B)	(6.9B)
Other Current Assets	8.4B	9.2B	13.0B	10.1B	87.2B	91.6B
Other Stockholder Equity	(51M)	(41M)	(26M)	(25M)	(38M)	(36.1M)
Total Liab	83.2B	83.6B	93.6B	101.7B	97.8B	52.7B
Total Current Assets	8.4B	9.2B	13.0B	14.2B	734M	697.3M
Accumulated Other Comprehensive Income	193M	232M	2M	(2M)	34M	32.3M
Short Term Debt	10.1B	7.2B	9.4B	13.7B	15.7B	8.0B
Intangible Assets	5.3B	5.3B	5.3B	5.3B	547M	519.7M
Common Stock	12.5B	12.6B	12.3B	12.4B	12.5B	7.4B
Accounts Payable	2.2B	2.4B	2.9B	4.1B	4.7B	4.9B
Other Liab	13.3B	10.4B	50.3B	3.9B	4.5B	4.2B
Long Term Debt	12.5B	13.9B	14.1B	13.0B	2.5B	2.4B
Property Plant Equipment	576M	504M	712M	604M	694.6M	729.3M
Net Tangible Assets	7.5B	8.2B	7.5B	8.0B	7.2B	6.3B
Long Term Investments	6.3B	6.4B	7.6B	7.5B	18.1B	19.1B
Short Long Term Debt	3.7B	7.3B	9.6B	13.7B	12.3B	12.9B
Long Term Debt Total	12.8B	21.1B	23.5B	13.0B	15.0B	16.5B
Current Deferred Revenue	164M	189M	(15.2B)	9.6B	11.0B	11.6B

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