Suncorp Ebitda vs Income Tax Expense Analysis
SUN Stock | 19.45 0.08 0.41% |
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 Ebitda and its Income Tax Expense 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.
Ebitda vs Income Tax Expense
Ebitda vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncorp Group Ebitda account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Suncorp's Ebitda and Income Tax Expense is 0.06. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense 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 Ebitda and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Suncorp Group are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., Suncorp's Ebitda and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ebitda
Income Tax Expense
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 |
Suncorp fundamental ratios Correlations
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Suncorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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