Fulton Cash vs Cash And Short Term Investments Analysis

FULT Stock  USD 17.36  0.11  0.63%   
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 Cash and its Cash And Short Term Investments 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.

Cash vs Cash And Short Term Investments

Cash vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fulton Financial Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fulton Financial's Cash and Cash And Short Term Investments is -0.32. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments 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 Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Fulton Financial are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Fulton Financial's Cash and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Fulton Financial, which is listed under current asset account on Fulton Financial balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fulton Financial customers. The amounts must be unrestricted with restricted cash listed in a different Fulton Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Fulton Financial balance sheet. This account contains Fulton Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Fulton Financial fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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

  0.87AX Axos Financial Fiscal Year End 25th of July 2024 PairCorr
  0.88BY Byline Bancorp Financial Report 25th of July 2024 PairCorr

Moving against Fulton Stock

  0.59ECBK ECB BancorpPairCorr
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.
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.