Suncorp Total Assets vs Common Stock Shares Outstanding Analysis

SUN Stock   19.03  0.32  1.65%   
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 Total Assets and its Common Stock Shares Outstanding 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.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncorp Group Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Suncorp's Total Assets and Common Stock Shares Outstanding is 0.43. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Assets and Common Stock Shares Outstanding 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 Suncorp Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Suncorp's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Suncorp 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 Suncorp Group 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Revenue13.7B16.0B13.1B9.6B
Interest Expense403M1.7B315M299.3M

Suncorp fundamental ratios Correlations

0.610.00.090.960.560.60.490.580.370.290.980.10.360.850.430.040.42-0.590.07-0.490.670.380.140.60.45
0.61-0.53-0.410.590.520.96-0.110.550.560.510.66-0.550.090.340.6-0.60.66-0.21-0.57-0.180.390.1-0.010.30.76
0.0-0.530.96-0.140.28-0.580.14-0.290.10.15-0.120.940.640.31-0.450.950.030.180.680.370.20.73-0.250.39-0.15
0.09-0.410.96-0.060.41-0.480.19-0.210.240.28-0.030.930.730.37-0.420.920.160.190.650.380.170.82-0.210.52-0.02
0.960.59-0.14-0.060.360.610.540.50.190.090.97-0.010.170.840.38-0.050.24-0.690.06-0.660.570.190.230.460.32
0.560.520.280.410.360.39-0.050.30.920.910.480.20.680.380.450.130.920.25-0.010.320.590.82-0.070.590.85
0.60.96-0.58-0.480.610.39-0.080.580.430.380.66-0.58-0.070.340.56-0.620.54-0.27-0.56-0.240.39-0.010.030.340.66
0.49-0.110.140.190.54-0.05-0.080.19-0.2-0.290.50.410.20.5-0.140.37-0.23-0.640.57-0.490.260.040.490.21-0.27
0.580.55-0.29-0.210.50.30.580.190.340.310.58-0.230.120.350.32-0.340.42-0.46-0.37-0.230.370.06-0.080.290.46
0.370.560.10.240.190.920.43-0.20.340.990.340.010.540.170.42-0.080.990.41-0.160.40.480.720.00.380.94
0.290.510.150.280.090.910.38-0.290.310.990.240.010.530.10.42-0.060.980.48-0.220.50.450.73-0.140.390.93
0.980.66-0.12-0.030.970.480.660.50.580.340.240.010.280.840.37-0.050.39-0.640.07-0.580.640.290.280.480.44
0.1-0.550.940.93-0.010.2-0.580.41-0.230.010.010.010.640.42-0.540.99-0.09-0.040.850.190.220.650.00.38-0.26
0.360.090.640.730.170.68-0.070.20.120.540.530.280.640.44-0.150.580.50.020.420.310.370.81-0.050.510.35
0.850.340.310.370.840.380.340.50.350.170.10.840.420.44-0.060.390.2-0.630.36-0.510.540.50.080.540.2
0.430.6-0.45-0.420.380.450.56-0.140.320.420.420.37-0.54-0.15-0.06-0.570.480.11-0.56-0.020.39-0.04-0.080.20.55
0.04-0.60.950.92-0.050.13-0.620.37-0.34-0.08-0.06-0.050.990.580.39-0.57-0.17-0.020.840.180.150.61-0.040.35-0.34
0.420.660.030.160.240.920.54-0.230.420.990.980.39-0.090.50.20.48-0.170.34-0.280.350.490.67-0.080.40.98
-0.59-0.210.180.19-0.690.25-0.27-0.64-0.460.410.48-0.64-0.040.02-0.630.11-0.020.34-0.150.78-0.210.26-0.22-0.10.28
0.07-0.570.680.650.06-0.01-0.560.57-0.37-0.16-0.220.070.850.420.36-0.560.84-0.28-0.15-0.060.240.370.50.12-0.4
-0.49-0.180.370.38-0.660.32-0.24-0.49-0.230.40.5-0.580.190.31-0.51-0.020.180.350.78-0.060.010.38-0.350.170.22
0.670.390.20.170.570.590.390.260.370.480.450.640.220.370.540.390.150.49-0.210.240.010.480.230.380.46
0.380.10.730.820.190.82-0.010.040.060.720.730.290.650.810.5-0.040.610.670.260.370.380.48-0.170.60.54
0.14-0.01-0.25-0.210.23-0.070.030.49-0.080.0-0.140.280.0-0.050.08-0.08-0.04-0.08-0.220.5-0.350.23-0.17-0.26-0.07
0.60.30.390.520.460.590.340.210.290.380.390.480.380.510.540.20.350.4-0.10.120.170.380.6-0.260.31
0.450.76-0.15-0.020.320.850.66-0.270.460.940.930.44-0.260.350.20.55-0.340.980.28-0.40.220.460.54-0.070.31
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Suncorp Account Relationship Matchups

Suncorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets96.0B97.0B106.4B115.0B111.7B65.3B
Short Long Term Debt Total22.9B28.3B32.9B26.5B2.5B2.4B
Other Current Liab10.9B11.4B12.3B12.0B82.5B86.7B
Total Current Liabilities23.3B21.2B24.6B29.7B82.5B86.7B
Total Stockholder Equity12.8B13.4B12.8B13.3B13.8B8.4B
Property Plant And Equipment Net576M504M712M604M484M252.6M
Net Debt21.7B19.9B22.1B22.6B1.8B1.7B
Retained Earnings82M662M456M972M1.4B750.5M
Cash1.2B1.2B1.4B3.9B734M697.3M
Non Current Assets Total87.6B87.8B93.4B100.9B24.7B20.1B
Non Currrent Assets Other75.0B75.8B80.6B88.1B18.0B11.5B
Other Assets87.7B87.7B95.8B102.6B86.3B61.7B
Cash And Short Term Investments1.5B2.6B3.8B5.6B18.0B18.9B
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.4B928.5M
Short Term Investments1.5B1.6B2.7B2.2B17.3B18.2B
Liabilities And Stockholders Equity96.0B97.0B106.4B115.0B111.7B65.4B
Non Current Liabilities Total59.9B62.4B69.1B72.0B15.5B12.6B
Inventory(2.0B)(4.1B)(6.3B)(7.4B)(6.6B)(6.9B)
Other Current Assets8.4B9.2B13.0B10.1B87.2B91.6B
Other Stockholder Equity(51M)(41M)(26M)(25M)(38M)(36.1M)
Total Liab83.2B83.6B93.6B101.7B97.8B52.7B
Total Current Assets8.4B9.2B13.0B14.2B734M697.3M
Accumulated Other Comprehensive Income193M232M2M(2M)34M32.3M
Short Term Debt10.1B7.2B9.4B13.7B15.7B8.0B
Intangible Assets5.3B5.3B5.3B5.3B547M519.7M
Common Stock12.5B12.6B12.3B12.4B12.5B7.4B
Accounts Payable2.2B2.4B2.9B4.1B4.7B4.9B
Other Liab13.3B10.4B50.3B3.9B4.5B4.2B
Long Term Debt12.5B13.9B14.1B13.0B2.5B2.4B
Property Plant Equipment576M504M712M604M694.6M729.3M
Net Tangible Assets7.5B8.2B7.5B8.0B7.2B6.3B
Long Term Investments6.3B6.4B7.6B7.5B18.1B19.1B
Short Long Term Debt3.7B7.3B9.6B13.7B12.3B12.9B
Long Term Debt Total12.8B21.1B23.5B13.0B15.0B16.5B
Current Deferred Revenue164M189M(15.2B)9.6B11.0B11.6B

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Additional Tools for Suncorp Stock Analysis

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