Truist Minority Interest vs Cost Of Revenue Analysis

TFC Stock  USD 47.68  0.07  0.15%   
Truist Financial financial indicator trend analysis is much more than just breaking down Truist Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Truist Financial Corp is a good investment. Please check the relationship between Truist Financial Minority Interest and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Minority Interest vs Cost Of Revenue

Minority Interest vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Truist Financial Corp Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Truist Financial's Minority Interest and Cost Of Revenue is -0.31. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Truist Financial Corp, assuming nothing else is changed. The correlation between historical values of Truist Financial's Minority Interest and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Truist Financial Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Truist Financial's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Truist Financial Corp whose combined shares represent less than 50% of the total outstanding shares issued by Truist Financial have a minority interest in Truist Financial.

Cost Of Revenue

Cost of Revenue is found on Truist Financial Corp income statement and represents the costs associated with goods and services Truist Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Truist Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Truist Financial Corp 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 Truist Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At present, Truist Financial's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 62.6 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.26.
 2021 2022 2023 2024 (projected)
Gross Profit23.1B22.3B23.4B24.6B
Total Revenue23.1B22.3B23.4B24.6B

Truist Financial fundamental ratios Correlations

0.930.850.140.530.890.870.560.920.830.650.420.680.620.650.850.93-0.020.60.790.70.810.780.45-0.60.86
0.930.940.010.550.980.90.610.920.940.670.420.660.690.680.981.0-0.220.750.870.880.90.90.52-0.770.98
0.850.940.060.610.90.890.750.910.90.640.440.760.490.770.920.95-0.320.90.810.950.830.820.3-0.760.95
0.140.010.060.38-0.030.21-0.030.190.050.310.40.46-0.360.23-0.050.010.070.1-0.07-0.03-0.11-0.17-0.430.23-0.01
0.530.550.610.380.430.840.080.470.770.950.960.79-0.160.830.560.57-0.570.730.310.610.260.2-0.35-0.50.59
0.890.980.9-0.030.430.840.630.90.880.590.320.540.780.530.970.97-0.080.650.890.850.930.930.63-0.690.94
0.870.90.890.210.840.840.430.820.960.910.760.80.360.780.890.91-0.320.790.710.840.70.650.16-0.660.88
0.560.610.75-0.030.080.630.430.740.410.05-0.130.450.430.370.550.610.030.630.730.660.750.710.31-0.420.6
0.920.920.910.190.470.90.820.740.790.550.310.710.60.640.840.92-0.030.710.810.770.840.830.43-0.590.89
0.830.940.90.050.770.880.960.410.790.840.660.730.490.80.950.94-0.460.820.750.90.750.750.3-0.830.95
0.650.670.640.310.950.590.910.050.550.840.950.70.090.720.680.68-0.40.620.440.620.40.34-0.1-0.490.66
0.420.420.440.40.960.320.76-0.130.310.660.950.65-0.220.650.440.43-0.450.530.180.440.130.05-0.38-0.320.43
0.680.660.760.460.790.540.80.450.710.730.70.650.00.860.60.67-0.40.810.460.690.450.4-0.2-0.530.67
0.620.690.49-0.36-0.160.780.360.430.60.490.09-0.220.00.030.690.680.240.130.740.440.80.850.97-0.460.63
0.650.680.770.230.830.530.780.370.640.80.720.650.860.030.660.7-0.70.890.450.730.430.44-0.15-0.790.76
0.850.980.92-0.050.560.970.890.550.840.950.680.440.60.690.660.98-0.310.750.860.920.880.890.53-0.820.98
0.931.00.950.010.570.970.910.610.920.940.680.430.670.680.70.98-0.230.760.860.880.890.890.5-0.780.98
-0.02-0.22-0.320.07-0.57-0.08-0.320.03-0.03-0.46-0.4-0.45-0.40.24-0.7-0.31-0.23-0.64-0.05-0.49-0.01-0.080.310.71-0.38
0.60.750.90.10.730.650.790.630.710.820.620.530.810.130.890.750.76-0.640.580.910.580.57-0.06-0.790.82
0.790.870.81-0.070.310.890.710.730.810.750.440.180.460.740.450.860.86-0.050.580.770.990.950.6-0.630.83
0.70.880.95-0.030.610.850.840.660.770.90.620.440.690.440.730.920.88-0.490.910.770.780.780.26-0.830.92
0.810.90.83-0.110.260.930.70.750.840.750.40.130.450.80.430.880.89-0.010.580.990.780.980.67-0.640.85
0.780.90.82-0.170.20.930.650.710.830.750.340.050.40.850.440.890.89-0.080.570.950.780.980.74-0.720.88
0.450.520.3-0.43-0.350.630.160.310.430.3-0.1-0.38-0.20.97-0.150.530.50.31-0.060.60.260.670.74-0.340.45
-0.6-0.77-0.760.23-0.5-0.69-0.66-0.42-0.59-0.83-0.49-0.32-0.53-0.46-0.79-0.82-0.780.71-0.79-0.63-0.83-0.64-0.72-0.34-0.86
0.860.980.95-0.010.590.940.880.60.890.950.660.430.670.630.760.980.98-0.380.820.830.920.850.880.45-0.86
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Truist Financial Account Relationship Matchups

Truist Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding815.2M1.4B1.3B1.3B1.3B1.4B
Total Assets473.1B509.2B541.2B555.3B535.3B562.1B
Short Long Term Debt Total59.6B45.7B41.2B66.6B59.7B62.7B
Other Current Liab(18.2B)(4.4B)(2.5B)13.6B111.7B117.2B
Total Current Liabilities18.2B6.1B5.3B23.4B132.4B139.1B
Total Stockholder Equity66.4B70.8B69.3B60.5B59.1B62.1B
Property Plant And Equipment Net3.7B3.9B3.7B3.6B6.1B6.4B
Net Debt40.5B26.8B20.9B45.2B29.1B17.3B
Retained Earnings19.8B19.5B23.0B26.3B22.1B23.2B
Cash19.1B18.9B20.3B21.4B30.6B32.2B
Non Current Assets Total114.1B158.0B194.9B34.3B504.7B529.9B
Non Currrent Assets Other844M(716M)1.6B(124.6B)471.2B494.7B
Other Assets259.1B206.3B162.6B499.5B574.5B603.2B
Cash And Short Term Investments93.8B139.7B173.4B93.2B30.6B28.7B
Liabilities And Stockholders Equity473.1B509.2B541.2B555.3B535.3B562.1B
Non Current Liabilities Total41.3B39.6B35.9B471.3B451.3B473.8B
Other Stockholder Equity35.6B35.8B34.6B34.5B36.2B38.0B
Total Liab406.5B438.3B472.0B494.7B476.1B499.9B
Total Current Assets99.9B144.9B183.8B21.4B30.6B29.1B
Short Term Debt18.2B4.4B2.5B23.4B20.8B21.8B
Accumulated Other Comprehensive Income(844M)716M(1.6B)(13.6B)(12.5B)(11.9B)
Common Stock Total Equity3.8B6.7B6.7B6.6B7.6B3.9B
Property Plant And Equipment Gross10.5B7.0B3.7B9.4B8.8B9.2B
Common Stock6.7B6.7B6.6B6.6B6.7B4.2B
Good Will24.2B24.4B26.1B27.0B20.9B12.0B
Short Term Investments74.7B120.8B153.1B71.8B3.6B3.4B
Other Current Assets31.8B34.2B39.9B(71.8B)1.1B1.1B
Intangible Assets5.8B5.0B6.0B7.4B6.5B6.9B
Accounts Payable334.7B381.1B416.5B413.5B475.5B499.3B
Net Receivables6.1B5.2B10.3B11.8B13.0B13.6B
Inventory(31.8B)(34.2B)(39.9B)(11.8B)(7.9B)(8.3B)
Net Tangible Assets34.0B35.3B33.1B23.2B26.6B22.9B
Noncontrolling Interest In Consolidated Entity47M56M174M105M120.8M81.2M
Long Term Debt41.3B39.6B35.9B43.2B38.9B32.6B
Retained Earnings Total Equity18.1B19.8B19.5B23.0B26.4B17.4B
Long Term Debt Total41.3B39.6B35.9B43.2B49.7B31.7B
Capital Surpluse35.6B35.8B34.6B34.5B39.7B41.7B
Long Term Investments298.3B300.0B159.0B134.4B124.6B189.8B
Non Current Liabilities Other5.4B12.2B11.6B14.3B16.4B9.1B

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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 Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Regional Banks 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 Truist Financial. If investors know Truist 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 Truist 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
0.239
Dividend Share
2.08
Earnings Share
(4.86)
Revenue Per Share
10.857
Quarterly Revenue Growth
0.061
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist 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 Truist Financial's market value can be influenced by many factors that don't directly affect Truist 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 Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist 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.