Synchrony Good Will vs Intangible Assets 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 Good Will and its Intangible Assets 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.
Good Will vs Intangible Assets
Good Will vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchrony Financial Good Will account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Synchrony Financial's Good Will and Intangible Assets is 0.59. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Intangible Assets 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 Good Will and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Synchrony Financial are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Good Will i.e., Synchrony Financial's Good Will and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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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