Synovus Other Liab vs Short Term Debt Analysis

SNV Stock

USD 39.95 0.28 0.71%

Synovus Financial financial indicator trend analysis is much more than just breaking down Synovus Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synovus Financial Corp is a good investment. Please check the relationship between Synovus Financial Other Liab and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Short Term Debt

Other Liab vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synovus Financial Corp Other Liab account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Synovus Financial's Other Liab and Short Term Debt is -0.59. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Synovus Financial Corp, assuming nothing else is changed. The correlation between historical values of Synovus Financial's Other Liab and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Synovus Financial Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Liab i.e., Synovus Financial's Other Liab and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Other Liab

Short Term Debt

Most indicators from Synovus Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synovus 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 Synovus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Synovus Financial's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 3.85 in 2024, whereas Selling General Administrative is likely to drop slightly above 37.9 M in 2024.

	2021	2022	2023	2024 (projected)
EBITDA	1.1B	1.3B	2.7B	2.8B
EBIT	989.4M	1.2B	858.7M	580.3M

Ebitda Ebit

Synovus Financial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Retained Earnings	Other Stockholder Equity	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Common Stock Shares Outstanding		0.52	0.58	0.08	0.11	0.86	0.58	0.11	0.53	-0.07	-0.19	0.5	0.61	-0.11	0.51	0.27	0.24	0.15	0.77	0.3	-0.09	-0.09	0.24	0.61	0.41	0.42
Total Assets	0.52		0.42	-0.34	-0.27	0.81	0.55	-0.12	0.59	0.6	0.42	0.12	0.46	0.54	1.0	-0.43	-0.39	0.85	0.86	0.93	-0.35	-0.35	0.65	0.88	0.28	0.98
Short Long Term Debt Total	0.58	0.42		-0.11	-0.12	0.46	0.23	0.77	-0.06	-0.1	-0.22	0.58	0.35	-0.06	0.42	-0.14	0.2	0.31	0.52	0.3	-0.2	-0.2	-0.15	0.4	0.87	0.32
Other Current Liab	0.08	-0.34	-0.11		0.76	-0.25	0.41	0.1	-0.27	0.08	0.22	-0.13	-0.55	0.15	-0.35	0.74	0.42	-0.39	-0.08	-0.41	0.26	0.27	-0.64	-0.4	-0.09	-0.42
Total Current Liabilities	0.11	-0.27	-0.12	0.76		-0.2	0.45	0.04	-0.21	0.17	0.32	-0.25	-0.56	0.24	-0.28	0.52	0.55	-0.41	0.04	-0.27	0.39	0.39	-0.59	-0.36	-0.03	-0.33
Total Stockholder Equity	0.86	0.81	0.46	-0.25	-0.2		0.61	-0.13	0.75	0.23	0.06	0.28	0.68	0.14	0.8	-0.13	-0.12	0.5	0.83	0.65	-0.23	-0.22	0.62	0.89	0.22	0.76
Property Plant And Equipment Net	0.58	0.55	0.23	0.41	0.45	0.61		-0.1	0.39	0.65	0.63	-0.22	-0.14	0.64	0.54	0.06	0.12	0.34	0.64	0.46	0.02	0.03	0.1	0.54	-0.04	0.46
Net Debt	0.11	-0.12	0.77	0.1	0.04	-0.13	-0.1		-0.68	-0.25	-0.28	0.4	-0.1	-0.15	-0.11	0.01	0.28	0.0	0.0	-0.14	-0.14	-0.15	-0.62	-0.16	0.72	-0.19
Cash	0.53	0.59	-0.06	-0.27	-0.21	0.75	0.39	-0.68		0.16	0.09	0.08	0.6	0.06	0.59	-0.13	-0.18	0.27	0.54	0.48	0.01	0.01	0.79	0.69	-0.14	0.59
Non Current Assets Total	-0.07	0.6	-0.1	0.08	0.17	0.23	0.65	-0.25	0.16		0.95	-0.59	-0.37	0.99	0.6	-0.41	-0.33	0.69	0.41	0.69	-0.16	-0.15	0.26	0.4	-0.22	0.61
Non Currrent Assets Other	-0.19	0.42	-0.22	0.22	0.32	0.06	0.63	-0.28	0.09	0.95		-0.64	-0.56	0.95	0.42	-0.3	-0.18	0.46	0.27	0.53	0.01	0.02	0.1	0.22	-0.35	0.43
Other Assets	0.5	0.12	0.58	-0.13	-0.25	0.28	-0.22	0.4	0.08	-0.59	-0.64		0.63	-0.6	0.13	0.25	0.05	-0.08	0.28	-0.07	-0.23	-0.23	0.03	0.21	0.61	0.07
Cash And Short Term Investments	0.61	0.46	0.35	-0.55	-0.56	0.68	-0.14	-0.1	0.6	-0.37	-0.56	0.63		-0.47	0.46	-0.06	-0.2	0.24	0.47	0.32	-0.25	-0.25	0.64	0.58	0.35	0.47
Non Current Liabilities Total	-0.11	0.54	-0.06	0.15	0.24	0.14	0.64	-0.15	0.06	0.99	0.95	-0.6	-0.47		0.54	-0.4	-0.27	0.65	0.36	0.64	-0.13	-0.12	0.13	0.32	-0.15	0.54
Total Liab	0.51	1.0	0.42	-0.35	-0.28	0.8	0.54	-0.11	0.59	0.6	0.42	0.13	0.46	0.54		-0.45	-0.4	0.85	0.85	0.93	-0.36	-0.36	0.65	0.88	0.29	0.98
Total Current Assets	0.27	-0.43	-0.14	0.74	0.52	-0.13	0.06	0.01	-0.13	-0.41	-0.3	0.25	-0.06	-0.4	-0.45		0.44	-0.65	-0.05	-0.63	0.23	0.23	-0.48	-0.45	-0.09	-0.52
Short Term Debt	0.24	-0.39	0.2	0.42	0.55	-0.12	0.12	0.28	-0.18	-0.33	-0.18	0.05	-0.2	-0.27	-0.4	0.44		-0.64	-0.01	-0.42	0.58	0.58	-0.59	-0.44	0.17	-0.46
Retained Earnings	0.15	0.85	0.31	-0.39	-0.41	0.5	0.34	0.0	0.27	0.69	0.46	-0.08	0.24	0.65	0.85	-0.65	-0.64		0.55	0.89	-0.55	-0.55	0.57	0.75	0.24	0.87
Other Stockholder Equity	0.77	0.86	0.52	-0.08	0.04	0.83	0.64	0.0	0.54	0.41	0.27	0.28	0.47	0.36	0.85	-0.05	-0.01	0.55		0.68	-0.3	-0.3	0.4	0.71	0.38	0.77
Property Plant And Equipment Gross	0.3	0.93	0.3	-0.41	-0.27	0.65	0.46	-0.14	0.48	0.69	0.53	-0.07	0.32	0.64	0.93	-0.63	-0.42	0.89	0.68		-0.28	-0.27	0.65	0.82	0.21	0.97
Common Stock Total Equity	-0.09	-0.35	-0.2	0.26	0.39	-0.23	0.02	-0.14	0.01	-0.16	0.01	-0.23	-0.25	-0.13	-0.36	0.23	0.58	-0.55	-0.3	-0.28		1.0	-0.31	-0.41	-0.15	-0.35
Common Stock	-0.09	-0.35	-0.2	0.27	0.39	-0.22	0.03	-0.15	0.01	-0.15	0.02	-0.23	-0.25	-0.12	-0.36	0.23	0.58	-0.55	-0.3	-0.27	1.0		-0.31	-0.4	-0.15	-0.34
Other Liab	0.24	0.65	-0.15	-0.64	-0.59	0.62	0.1	-0.62	0.79	0.26	0.1	0.03	0.64	0.13	0.65	-0.48	-0.59	0.57	0.4	0.65	-0.31	-0.31		0.75	-0.22	0.73
Accounts Payable	0.61	0.88	0.4	-0.4	-0.36	0.89	0.54	-0.16	0.69	0.4	0.22	0.21	0.58	0.32	0.88	-0.45	-0.44	0.75	0.71	0.82	-0.41	-0.4	0.75		0.19	0.88
Long Term Debt	0.41	0.28	0.87	-0.09	-0.03	0.22	-0.04	0.72	-0.14	-0.22	-0.35	0.61	0.35	-0.15	0.29	-0.09	0.17	0.24	0.38	0.21	-0.15	-0.15	-0.22	0.19		0.2
Short Term Investments	0.42	0.98	0.32	-0.42	-0.33	0.76	0.46	-0.19	0.59	0.61	0.43	0.07	0.47	0.54	0.98	-0.52	-0.46	0.87	0.77	0.97	-0.35	-0.34	0.73	0.88	0.2

Click cells to compare fundamentals

Synovus Financial Account Relationship Matchups

Synovus Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	156.1M	148.2M	148.5M	146.5M	146.7M	77.9M
Total Assets	48.2B	54.4B	57.3B	59.7B	59.8B	62.8B
Short Long Term Debt Total	3.9B	1.2B	1.2B	4.7B	2.1B	1.6B
Other Current Liab	(1.8B)	(7.7M)	(197K)	(603.4M)	22.6B	11.9B
Total Current Liabilities	1.8B	7.7M	197K	603.4M	22.9B	14.6B
Total Stockholder Equity	4.9B	5.2B	5.3B	4.5B	5.1B	2.8B
Property Plant And Equipment Net	493.9M	464.0M	407.2M	370.6M	838.9M	498.7M
Net Debt	2.8B	(2.9B)	(1.7B)	2.8B	(289.0M)	(274.5M)
Cash	1.1B	4.1B	2.9B	1.9B	2.4B	1.3B
Non Current Assets Total	7.8B	8.9B	11.8B	(479.5M)	54.3B	57.1B
Non Currrent Assets Other	(272.0M)	(368.2M)	(325.0M)	(11.8B)	49.0B	51.5B
Other Assets	32.3B	33.1B	31.4B	59.7B	1.0	0.95
Cash And Short Term Investments	7.9B	12.1B	13.9B	11.6B	710.4M	674.8M
Liabilities And Stockholders Equity	48.2B	54.4B	57.3B	59.7B	59.8B	62.8B
Non Current Liabilities Total	2.2B	1.2B	1.2B	644.5M	31.7B	33.3B
Total Liab	43.3B	49.2B	52.0B	55.3B	54.7B	57.4B
Total Current Assets	8.1B	12.4B	14.1B	517.2M	5.5B	5.2B
Short Term Debt	1.8B	7.7M	197K	603.4M	300.9M	285.9M
Retained Earnings	1.1B	1.2B	1.7B	2.2B	2.5B	2.6B
Other Stockholder Equity	3.1B	3.1B	3.0B	3.0B	3.0B	3.2B
Accumulated Other Comprehensive Income	65.6M	158.6M	(82.3M)	(1.4B)	(1.1B)	(1.1B)
Property Plant And Equipment Gross	868.7M	844.3M	1.4B	1.3B	1.4B	1.5B
Common Stock Total Equity	166.8M	168.1M	169.4M	170.1M	153.1M	277.9M
Common Stock	166.8M	168.1M	169.4M	170.1M	171.4M	272.3M
Other Liab	357.4M	1.1B	1.1B	534.9M	615.1M	455.3M
Accounts Payable	38.4B	46.7B	49.4B	48.9B	56.2B	28.3B
Long Term Debt	2.2B	1.2B	1.2B	4.1B	1.2B	1.8B
Short Term Investments	6.8B	8.0B	10.9B	9.7B	9.8B	10.3B
Inventory	(1.5B)	(4.6B)	(3.3B)	(394.0M)	(1.2B)	(1.1B)
Treasury Stock	(1.0B)	(715.6M)	(731.8M)	(931.5M)	(838.3M)	(796.4M)
Intangible Assets	55.7M	45.1M	35.6M	27.1M	45.9M	43.6M
Property Plant Equipment	868.7M	464.0M	407.2M	370.6M	333.6M	451.9M
Other Current Assets	1.5B	4.6B	3.3B	(11.1B)	5.5B	5.2B
Net Receivables	234.9M	281.7M	242.3M	394.0M	499.3M	524.3M
Net Tangible Assets	3.9B	4.1B	4.3B	3.5B	4.0B	3.4B
Retained Earnings Total Equity	1.1B	1.2B	1.7B	2.2B	2.6B	2.7B
Long Term Debt Total	2.2B	1.2B	1.2B	4.1B	4.7B	5.0B

Pair Trading with Synovus 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 Synovus 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 Synovus Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Synovus Stock

0.64	KB	KB Financial Group Financial Report 20th of May 2024	Pair Corr
0.75	NU	Nu Holdings Financial Report 20th of May 2024	Pair Corr

The ability to find closely correlated positions to Synovus 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 Synovus 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 Synovus 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 Synovus Financial Corp to buy it.

The correlation of Synovus 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 Synovus Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synovus Financial Corp 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 Synovus 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 Correlation Correlation Matching

When determining whether Synovus Financial Corp is a strong investment it is important to analyze Synovus 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 Synovus Financial's future performance. For an informed investment choice regarding Synovus Stock, refer to the following important reports:

How To Invest In Synovus

Details

Is Synovus Stock a good investment?

Details

What is Synovus Financial's Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Synovus Stock analysis

When running Synovus Financial's price analysis, check to measure Synovus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.

	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules

Is Synovus 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 Synovus Financial. If investors know Synovus 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 Synovus 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

(0.41)

Dividend Share

1.52

Earnings Share

2.92

Revenue Per Share

13.238

Quarterly Revenue Growth

(0.17)

The market value of Synovus Financial Corp is measured differently than its book value, which is the value of Synovus that is recorded on the company's balance sheet. Investors also form their own opinion of Synovus Financial's value that differs from its market value or its book value, called intrinsic value, which is Synovus 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 Synovus Financial's market value can be influenced by many factors that don't directly affect Synovus 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 Synovus Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synovus Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synovus 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Synovus Other Liab vs Short Term Debt Analysis

Other Liab vs Short Term Debt

Other Liab vs Short Term Debt Correlation Analysis

Correlation Coefficient

Other Liab

Short Term Debt

Synovus Financial fundamental ratios Correlations

Synovus Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Synovus Financial fundamental ratios Accounts

Pair Trading with Synovus Financial

Moving together with Synovus Stock

Complementary Tools for Synovus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Short Term Investments	+ 0.98	Total Assets
Short Term Investments	+ 0.98	Total Liab
Short Term Investments	+ 0.97	Property Plant And Equipment Gross

Cash	- 0.68	Net Debt
Retained Earnings	- 0.65	Total Current Assets
Retained Earnings	- 0.64	Short Term Debt
Other Assets	- 0.64	Non Currrent Assets Other
Other Liab	- 0.64	Other Current Liab
Property Plant And Equipment Gross	- 0.63	Total Current Assets