Fulton Long Term Debt vs Common Stock Shares Outstanding Analysis

FULT Stock  USD 17.14  0.21  1.24%   
Fulton Financial financial indicator trend analysis is much more than just examining Fulton Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fulton Financial is a good investment. Please check the relationship between Fulton Financial Long Term Debt and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fulton Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Fulton Stock please use our How to Invest in Fulton Financial guide.

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fulton Financial Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Fulton Financial's Long Term Debt and Common Stock Shares Outstanding is 0.21. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Fulton Financial, assuming nothing else is changed. The correlation between historical values of Fulton Financial's Long Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Fulton Financial are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Fulton Financial's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Fulton Financial has held for over one year. Long-term debt appears on Fulton Financial balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fulton Financial balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Fulton Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fulton 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fulton Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Fulton Stock please use our How to Invest in Fulton Financial guide.At this time, Fulton Financial's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 203.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit903.5M1.0B1.5B1.6B
Total Revenue903.5M1.0B1.5B1.6B

Fulton Financial fundamental ratios Correlations

0.580.330.42-0.070.750.830.340.140.260.120.0-0.080.630.670.2-0.020.920.560.20.540.060.880.870.190.21
0.580.63-0.150.110.970.860.680.680.080.090.230.090.31-0.020.650.120.291.00.59-0.120.530.860.740.540.6
0.330.630.00.640.540.550.980.860.370.570.710.63-0.21-0.430.840.640.090.640.78-0.380.920.60.660.710.76
0.42-0.150.00.28-0.020.23-0.09-0.160.490.380.250.30.030.44-0.060.340.54-0.17-0.010.55-0.290.270.30.14-0.15
-0.070.110.640.280.040.170.510.650.640.910.991.0-0.77-0.540.671.0-0.210.120.67-0.440.630.190.250.680.22
0.750.970.54-0.020.040.930.590.560.120.070.150.020.440.20.550.060.490.970.50.060.40.930.820.460.49
0.830.860.550.230.170.930.560.470.360.220.250.160.370.310.510.210.620.850.420.220.360.970.840.40.4
0.340.680.98-0.090.510.590.560.840.230.40.580.49-0.08-0.410.820.50.080.690.72-0.340.90.610.660.650.8
0.140.680.86-0.160.650.560.470.840.130.490.730.64-0.3-0.580.950.63-0.20.70.88-0.530.870.520.580.860.58
0.260.080.370.490.640.120.360.230.130.790.620.65-0.44-0.020.150.670.30.080.32-0.060.220.30.20.30.21
0.120.090.570.380.910.070.220.40.490.790.910.92-0.66-0.320.490.920.070.090.64-0.350.520.250.320.610.2
0.00.230.710.250.990.150.250.580.730.620.910.99-0.71-0.540.730.98-0.170.240.76-0.480.680.280.350.770.3
-0.080.090.630.31.00.020.160.490.640.650.920.99-0.78-0.540.650.99-0.210.10.67-0.440.620.170.240.690.23
0.630.31-0.210.03-0.770.440.37-0.08-0.3-0.44-0.66-0.71-0.780.72-0.24-0.730.650.3-0.330.71-0.380.410.38-0.310.02
0.67-0.02-0.430.44-0.540.20.31-0.41-0.58-0.02-0.32-0.54-0.540.72-0.48-0.470.8-0.04-0.50.81-0.640.320.3-0.46-0.43
0.20.650.84-0.060.670.550.510.820.950.150.490.730.65-0.24-0.480.66-0.120.660.75-0.360.810.570.620.740.51
-0.020.120.640.341.00.060.210.50.630.670.920.980.99-0.73-0.470.66-0.150.120.65-0.380.590.230.290.670.2
0.920.290.090.54-0.210.490.620.08-0.20.30.07-0.17-0.210.650.8-0.12-0.150.27-0.040.68-0.190.660.65-0.060.08
0.561.00.64-0.170.120.970.850.690.70.080.090.240.10.3-0.040.660.120.270.59-0.140.540.850.730.550.61
0.20.590.78-0.010.670.50.420.720.880.320.640.760.67-0.33-0.50.750.65-0.040.59-0.50.760.50.550.960.58
0.54-0.12-0.380.55-0.440.060.22-0.34-0.53-0.06-0.35-0.48-0.440.710.81-0.36-0.380.68-0.14-0.5-0.60.240.22-0.38-0.33
0.060.530.92-0.290.630.40.360.90.870.220.520.680.62-0.38-0.640.810.59-0.190.540.76-0.60.380.430.640.68
0.880.860.60.270.190.930.970.610.520.30.250.280.170.410.320.570.230.660.850.50.240.380.930.480.42
0.870.740.660.30.250.820.840.660.580.20.320.350.240.380.30.620.290.650.730.550.220.430.930.540.37
0.190.540.710.140.680.460.40.650.860.30.610.770.69-0.31-0.460.740.67-0.060.550.96-0.380.640.480.540.5
0.210.60.76-0.150.220.490.40.80.580.210.20.30.230.02-0.430.510.20.080.610.58-0.330.680.420.370.5
Click cells to compare fundamentals

Fulton Financial Account Relationship Matchups

Fulton Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding167.8M163.1M163.3M165.5M166.8M150.7M
Total Assets21.9B25.9B25.8B26.9B27.7B14.0B
Short Long Term Debt Total1.7B1.9B1.0B2.7B2.6B2.7B
Other Current Liab(835.4M)(640.4M)(423.8M)(10.2M)13.3B13.9B
Total Current Liabilities835.4M640.4M423.8M10.2M14.3B15.0B
Total Stockholder Equity2.3B2.6B2.7B2.6B2.8B1.5B
Property Plant And Equipment Net240.0M231.5M220.4M225.1M311.1M166.3M
Net Debt1.6B1.8B865.8M2.6B2.1B2.2B
Retained Earnings1.1B1.1B1.3B1.5B1.6B1.7B
Accounts Payable8.8M10.4M7M10.2M35.1M19.4M
Cash132.3M120.5M172.3M126.9M532.3M558.9M
Non Current Assets Total4.1B5.9B6.5B5.4B27.0B28.4B
Non Currrent Assets Other(111.3M)(172.1M)(176.6M)(272.1M)25.1B26.4B
Other Assets15.9B17.9B17.5B21.0B1.00.95
Cash And Short Term Investments1.5B1.8B1.6B126.9M300.3M285.3M
Net Receivables360.3M352.1M293.8M351.7M478.9M502.8M
Liabilities And Stockholders Equity21.9B25.9B25.8B26.9B27.7B14.0B
Non Current Liabilities Total881.8M1.3B621.3M10.2M10.6B11.2B
Other Stockholder Equity713.1M680.2M650.2M760.1M695.8M632.8M
Total Liab19.5B23.3B23.1B24.4B24.9B12.5B
Property Plant And Equipment Gross240.0M231.5M538.9M558.2M579.0M608.0M
Total Current Assets1.9B2.1B1.9B478.6M658.6M625.6M
Short Term Debt826.5M630.1M416.8M1.1B1.0B1.1B
Accumulated Other Comprehensive Income(137K)65.1M27.4M(385.5M)(312.3M)(296.7M)
Common Stock Total Equity556.1M557.9M559.8M561.5M645.7M501.6M
Common Stock556.1M557.9M559.8M561.5M564.4M613.1M
Other Liab189.9M249.4M472.1M430.1M494.6M519.3M
Long Term Debt881.8M1.3B621.3M2.7B1.6B1.1B
Short Term Investments1.4B1.7B1.4B1.0B891.6M847.1M
Inventory(585.5M)(1.9B)(1.7B)(779.3M)(408.3M)(387.9M)
Treasury Stock(792.9M)(828.0M)(869.6M)(781.8M)(703.6M)(668.4M)
Intangible Assets39.3M28.2M39.2M10.3M7.3M7.0M
Property Plant Equipment240.0M231.5M220.4M225.1M258.9M214.9M
Other Current Assets585.5M1.9B1.7B779.3M658.6M625.6M
Good Will535.3M536.7M534.3M550.5M553.3M561.8M
Net Tangible Assets1.8B1.9B2.0B1.8B2.1B1.8B
Retained Earnings Total Equity1.1B1.1B1.3B1.5B1.7B836.3M
Capital Surpluse1.5B1.5B1.5B1.5B1.8B1.6B
Long Term Investments19.6B22.0B4.2B4.7B3.7B3.5B

Pair Trading with Fulton Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fulton Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fulton Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fulton Stock

  0.91AX Axos Financial Fiscal Year End 25th of July 2024 PairCorr
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Moving against Fulton Stock

  0.81ECBK ECB BancorpPairCorr
  0.46VBNK VersaBank Financial Report 5th of June 2024 PairCorr
The ability to find closely correlated positions to Fulton Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fulton Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fulton Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fulton Financial to buy it.
The correlation of Fulton Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fulton Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fulton Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fulton Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Fulton Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fulton Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fulton Financial Stock. Highlighted below are key reports to facilitate an investment decision about Fulton Financial Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fulton Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Fulton Stock please use our How to Invest in Fulton Financial guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Is Fulton Financial's industry 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 Fulton Financial. If investors know Fulton 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 Fulton 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
(0.08)
Dividend Share
0.66
Earnings Share
1.61
Revenue Per Share
6.299
Quarterly Revenue Growth
0.028
The market value of Fulton Financial is measured differently than its book value, which is the value of Fulton that is recorded on the company's balance sheet. Investors also form their own opinion of Fulton Financial's value that differs from its market value or its book value, called intrinsic value, which is Fulton 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 Fulton Financial's market value can be influenced by many factors that don't directly affect Fulton 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 Fulton Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fulton Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fulton 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.