Synchrony Depreciation And Amortization vs Income Tax Expense Analysis
SYF Stock | USD 65.92 0.89 1.33% |
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 Depreciation And Amortization and its Income Tax Expense 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 manufacturing. For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.
Depreciation And Amortization vs Income Tax Expense
Depreciation And Amortization vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchrony Financial Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Synchrony Financial's Depreciation And Amortization and Income Tax Expense is -0.53. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense 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 Depreciation And Amortization 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 Depreciation And Amortization of Synchrony Financial 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 Depreciation And Amortization i.e., Synchrony Financial's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Income Tax Expense
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 manufacturing. For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.At this time, Synchrony Financial's Tax Provision is most likely to decrease significantly in the upcoming years. The Synchrony Financial's current Sales General And Administrative To Revenue is estimated to increase to 0.21, while Selling General Administrative is projected to decrease to roughly 1.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.0B | 1.5B | 3.7B | 3.9B | Depreciation And Amortization | 5.3B | 8.7B | 458M | 435.1M |
Synchrony Financial fundamental ratios Correlations
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Synchrony Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synchrony Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 673.5M | 584.0M | 526.8M | 483.4M | 406.9M | 562.4M | |
Total Assets | 104.8B | 95.9B | 95.7B | 104.6B | 117.5B | 99.3B | |
Short Long Term Debt Total | 24.1B | 20.6B | 15.0B | 21.5B | 16.0B | 18.8B | |
Total Current Liabilities | 4.5B | 4.5B | 5.1B | 7.3B | 4.2B | 4.5B | |
Total Stockholder Equity | 15.1B | 12.7B | 13.7B | 12.9B | 13.9B | 13.3B | |
Other Liab | 210M | 234M | 228M | 163M | 146.7M | 139.4M | |
Net Debt | 7.7B | 4.3B | 6.2B | 3.9B | 1.7B | 1.6B | |
Accounts Payable | 4.7B | 4.7B | 62.3B | 5.8B | 31M | 29.5M | |
Cash | 12.1B | 11.5B | 8.3B | 10.3B | 14.3B | 10.5B | |
Non Current Assets Total | 92.7B | 9.7B | 7.6B | 7.3B | 1.8B | 1.7B | |
Non Currrent Assets Other | 84.4B | (9.7B) | (7.6B) | (7.3B) | (3.8B) | (3.6B) | |
Other Assets | 78.5B | 67.3B | 74.6B | 87.1B | 9.0B | 8.5B | |
Long Term Debt | 19.9B | 15.8B | 14.5B | 14.2B | 16.0B | 13.9B | |
Cash And Short Term Investments | 12.1B | 19.0B | 13.6B | 10.2B | 14.3B | 11.7B | |
Good Will | 991M | 1.0B | 1.1B | 1.1B | 1.0B | 1.1B | |
Short Term Investments | 5.9B | 7.5B | 5.3B | 4.9B | 3.8B | 4.4B | |
Liabilities And Stockholders Equity | 104.8B | 95.9B | 95.7B | 104.6B | 117.5B | 99.3B | |
Non Current Liabilities Total | 85.2B | 15.8B | 14.5B | 72.1B | 16.0B | 15.2B | |
Other Stockholder Equity | 2.3B | 1.4B | (1.3B) | (4.5B) | (5.4B) | (5.2B) | |
Total Liab | 89.7B | 83.2B | 82.1B | 91.7B | 103.6B | 86.0B | |
Total Current Assets | 12.1B | 19.0B | 13.6B | 10.2B | 106.7B | 112.0B | |
Accumulated Other Comprehensive Income | (58M) | (51M) | (69M) | (125M) | (68M) | (71.4M) | |
Intangible Assets | 1.3B | 1.1B | 1.2B | 1.3B | 815M | 919.7M | |
Other Current Liab | 300M | (369M) | 4.6B | 23.9M | (6.1B) | (5.8B) | |
Net Tangible Assets | 12.0B | 9.8B | 10.6B | 9.7B | 8.8B | 8.9B | |
Retained Earnings | 12.1B | 10.6B | 14.2B | 16.7B | 18.7B | 10.8B | |
Net Receivables | 81.6B | 71.6B | 72.1B | 3M | 92.4B | 54.0B | |
Retained Earnings Total Equity | 12.1B | 10.6B | 14.2B | 16.7B | 19.2B | 9.7B | |
Long Term Debt Total | 19.9B | 15.8B | 14.5B | 14.2B | 16.3B | 17.8B | |
Capital Surpluse | 9.5B | 9.6B | 9.7B | 9.7B | 11.2B | 10.5B | |
Other Current Assets | (12.1B) | (11.5B) | (8.3B) | (10.3B) | (14.3B) | (13.5B) | |
Long Term Investments | 82.3B | 7.5B | 5.3B | 4.9B | 3.8B | 3.6B | |
Treasury Stock | (7.2B) | (8.2B) | (10.9B) | (14.2B) | (12.8B) | (12.1B) | |
Earning Assets | 6.1B | 6.6B | 7.5B | 9.6B | 11.1B | 6.7B | |
Net Invested Capital | 34.2B | 27.7B | 27.4B | 26.3B | 29.2B | 25.0B |
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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 manufacturing. For more detail on how to invest in Synchrony Stock please use our How to Invest in Synchrony Financial guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synchrony Financial. If investors know Synchrony will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synchrony Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.311 | Dividend Share 1 | Earnings Share 7.7 | Revenue Per Share 22.405 | Quarterly Revenue Growth 0.116 |
The market value of Synchrony Financial is measured differently than its book value, which is the value of Synchrony that is recorded on the company's balance sheet. Investors also form their own opinion of Synchrony Financial's value that differs from its market value or its book value, called intrinsic value, which is Synchrony Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synchrony Financial's market value can be influenced by many factors that don't directly affect Synchrony Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synchrony Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchrony Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchrony Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.