Suncorp Total Stockholder Equity vs Non Current Assets Total 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 Total Stockholder Equity and its Non Current Assets Total 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 Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncorp Group Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Suncorp's Total Stockholder Equity and Non Current Assets Total is 0.19. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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 Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of Suncorp Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Suncorp's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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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