Synchrony Free Cash Flow vs Change To Account Receivables Analysis
| SYF-PB Stock | 26.50 0.15 0.57% |
Synchrony Financial financial indicator trend analysis is much more than just breaking down Synchrony Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synchrony Financial is a good investment. Please check the relationship between Synchrony Financial Free Cash Flow and its Change To Account Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. 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. For information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.
Free Cash Flow vs Change To Account Receivables
Free Cash Flow vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchrony Financial Free Cash Flow account and Change To Account Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Synchrony Financial's Free Cash Flow and Change To Account Receivables is -0.61. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Synchrony Financial, assuming nothing else is changed. The correlation between historical values of Synchrony Financial's Free Cash Flow and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Synchrony Financial are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Free Cash Flow i.e., Synchrony Financial's Free Cash Flow and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | -0.61 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Change To Account Receivables
Most indicators from Synchrony Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synchrony Financial 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 Synchrony Financial. 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. For information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.At present, Synchrony Financial's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.21, whereas Selling General Administrative is forecasted to decline to about 2.3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 14.2B | 15.6B | 17.0B | 16.8B | Tax Provision | 1.3B | 946M | 666M | 909.2M |
Synchrony Financial fundamental ratios Correlations
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Synchrony Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Synchrony Financial is a strong investment it is important to analyze Synchrony Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchrony Financial's future performance. For an informed investment choice regarding Synchrony Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. 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. For information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.