Truist Common Stock vs Non Currrent Assets Other Analysis

TFC Stock  USD 40.15  0.03  0.07%   
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 Common Stock and its Non Currrent Assets Other 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 tightly coupled with the direction of predictive economic indicators such as signals in census.

Common Stock vs Non Currrent Assets Other

Common Stock vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Truist Financial Corp Common Stock account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Truist Financial's Common Stock and Non Currrent Assets Other is 0.12. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Currrent Assets Other 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 Common Stock and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Truist Financial Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock i.e., Truist Financial's Common Stock and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 tightly coupled 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 Over EBITDA is expected to grow to 132.14, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.25.
 2021 2022 2023 2024 (projected)
Gross Profit23.1B22.3B33.2B34.9B
Total Revenue23.1B22.3B33.3B35.0B

Truist Financial fundamental ratios Correlations

0.930.850.140.530.890.870.580.920.830.660.410.680.470.640.850.930.090.660.790.70.810.780.45-0.490.86
0.930.940.010.560.980.910.640.920.940.680.410.660.530.680.981.0-0.130.80.870.880.890.90.51-0.680.98
0.850.940.10.670.890.920.740.90.920.690.490.790.280.790.920.94-0.260.930.790.950.810.790.25-0.640.95
0.140.010.10.38-0.030.210.010.190.050.310.40.46-0.430.18-0.060.010.160.13-0.08-0.04-0.11-0.17-0.440.39-0.01
0.530.560.670.380.430.840.170.470.760.940.960.79-0.380.730.550.57-0.40.80.30.60.250.2-0.35-0.210.59
0.890.980.89-0.030.430.840.640.90.880.590.310.540.640.530.970.970.00.690.890.850.930.930.63-0.630.94
0.870.910.920.210.840.840.490.820.960.910.750.80.160.720.890.91-0.170.860.710.840.70.650.16-0.450.88
0.580.640.740.010.170.640.490.750.470.14-0.050.50.350.50.580.63-0.040.610.770.690.780.730.27-0.480.63
0.920.920.90.190.470.90.820.750.790.550.30.710.470.650.840.920.060.730.810.770.840.830.43-0.510.89
0.830.940.920.050.760.880.960.470.790.840.650.730.290.760.950.95-0.340.880.750.90.750.750.3-0.660.95
0.660.680.690.310.940.590.910.140.550.840.940.7-0.130.60.680.69-0.210.730.440.620.40.35-0.09-0.210.67
0.410.410.490.40.960.310.75-0.050.30.650.940.63-0.430.50.430.43-0.260.620.180.430.120.04-0.390.010.42
0.680.660.790.460.790.540.80.50.710.730.70.63-0.170.830.60.68-0.270.830.460.690.450.4-0.2-0.330.67
0.470.530.28-0.43-0.380.640.160.350.470.29-0.13-0.43-0.17-0.070.530.510.3-0.010.620.290.70.760.99-0.50.46
0.640.680.790.180.730.530.720.50.650.760.60.50.83-0.070.650.7-0.610.890.470.730.460.48-0.09-0.680.77
0.850.980.92-0.060.550.970.890.580.840.950.680.430.60.530.650.98-0.230.80.860.920.880.890.53-0.730.98
0.931.00.940.010.570.970.910.630.920.950.690.430.680.510.70.98-0.140.810.860.880.890.890.5-0.680.98
0.09-0.13-0.260.16-0.40.0-0.17-0.040.06-0.34-0.21-0.26-0.270.3-0.61-0.23-0.14-0.53-0.04-0.420.0-0.080.260.63-0.3
0.660.80.930.130.80.690.860.610.730.880.730.620.83-0.010.890.80.81-0.530.610.910.60.59-0.03-0.630.86
0.790.870.79-0.080.30.890.710.770.810.750.440.180.460.620.470.860.86-0.040.610.770.990.950.6-0.630.83
0.70.880.95-0.040.60.850.840.690.770.90.620.430.690.290.730.920.88-0.420.910.770.780.780.26-0.730.92
0.810.890.81-0.110.250.930.70.780.840.750.40.120.450.70.460.880.890.00.60.990.780.980.67-0.650.85
0.780.90.79-0.170.20.930.650.730.830.750.350.040.40.760.480.890.89-0.080.590.950.780.980.74-0.750.88
0.450.510.25-0.44-0.350.630.160.270.430.3-0.09-0.39-0.20.99-0.090.530.50.26-0.030.60.260.670.74-0.50.45
-0.49-0.68-0.640.39-0.21-0.63-0.45-0.48-0.51-0.66-0.210.01-0.33-0.5-0.68-0.73-0.680.63-0.63-0.63-0.73-0.65-0.75-0.5-0.77
0.860.980.95-0.010.590.940.880.630.890.950.670.420.670.460.770.980.98-0.30.860.830.920.850.880.45-0.77
Click cells to compare fundamentals

Truist Financial Account Relationship Matchups

Truist Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding815.2M1.4B1.3B1.3B1.3B1.4B
Total Assets473.1B509.2B541.2B555.3B539.0B565.9B
Short Long Term Debt Total59.6B45.7B41.2B66.6B65.2B68.4B
Other Current Liab(18.2B)(6.1B)(5.3B)13.6B111.7B117.3B
Total Current Liabilities18.2B6.1B5.3B23.4B136.7B143.5B
Total Stockholder Equity66.4B70.8B69.3B60.5B59.1B62.1B
Property Plant And Equipment Net3.7B3.9B3.7B3.6B6.1B6.4B
Net Debt40.5B26.8B20.9B45.2B34.5B17.5B
Retained Earnings19.8B19.5B23.0B26.3B22.1B23.2B
Cash19.1B18.9B20.3B21.4B30.6B32.2B
Non Current Assets Total114.1B158.0B194.9B34.3B488.9B513.3B
Non Currrent Assets Other844M(716M)1.6B(124.6B)419.7B440.7B
Other Assets259.1B206.3B162.6B499.5B574.5B603.2B
Cash And Short Term Investments93.8B139.7B173.4B93.2B(5.1B)(4.8B)
Liabilities And Stockholders Equity473.1B509.2B541.2B555.3B539.0B565.9B
Non Current Liabilities Total41.3B39.6B35.9B471.3B343.0B360.2B
Other Stockholder Equity35.6B35.8B34.6B34.5B36.2B38.0B
Total Liab406.5B438.3B472.0B494.7B479.7B503.7B
Total Current Assets99.9B144.9B183.8B21.4B50.1B79.2B
Short Term Debt18.2B6.1B5.3B23.4B25.0B26.2B
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)50.1B62.1B
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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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 tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Truist 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 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
(0.24)
Dividend Share
2.08
Earnings Share
(1.31)
Revenue Per Share
15.607
Quarterly Revenue Growth
(0.1)
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.