Truist Net Debt vs Total Current Liabilities 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 Net Debt and its Total Current Liabilities 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.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Truist Financial Corp Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Truist Financial's Net Debt and Total Current Liabilities is 0.17. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities 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 Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Truist Financial Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Truist Financial's Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Liabilities
Total Current Liabilities is an item on Truist Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Truist Financial Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Profit | 23.1B | 22.3B | 33.2B | 34.9B | Total Revenue | 23.1B | 22.3B | 33.3B | 35.0B |
Truist Financial fundamental ratios Correlations
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Truist Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Truist Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 815.2M | 1.4B | 1.3B | 1.3B | 1.3B | 1.4B | |
Total Assets | 473.1B | 509.2B | 541.2B | 555.3B | 539.0B | 565.9B | |
Short Long Term Debt Total | 59.6B | 45.7B | 41.2B | 66.6B | 65.2B | 68.4B | |
Other Current Liab | (18.2B) | (6.1B) | (5.3B) | 13.6B | 111.7B | 117.3B | |
Total Current Liabilities | 18.2B | 6.1B | 5.3B | 23.4B | 136.7B | 143.5B | |
Total Stockholder Equity | 66.4B | 70.8B | 69.3B | 60.5B | 59.1B | 62.1B | |
Property Plant And Equipment Net | 3.7B | 3.9B | 3.7B | 3.6B | 6.1B | 6.4B | |
Net Debt | 40.5B | 26.8B | 20.9B | 45.2B | 34.5B | 17.5B | |
Retained Earnings | 19.8B | 19.5B | 23.0B | 26.3B | 22.1B | 23.2B | |
Cash | 19.1B | 18.9B | 20.3B | 21.4B | 30.6B | 32.2B | |
Non Current Assets Total | 114.1B | 158.0B | 194.9B | 34.3B | 488.9B | 513.3B | |
Non Currrent Assets Other | 844M | (716M) | 1.6B | (124.6B) | 419.7B | 440.7B | |
Other Assets | 259.1B | 206.3B | 162.6B | 499.5B | 574.5B | 603.2B | |
Cash And Short Term Investments | 93.8B | 139.7B | 173.4B | 93.2B | (5.1B) | (4.8B) | |
Liabilities And Stockholders Equity | 473.1B | 509.2B | 541.2B | 555.3B | 539.0B | 565.9B | |
Non Current Liabilities Total | 41.3B | 39.6B | 35.9B | 471.3B | 343.0B | 360.2B | |
Other Stockholder Equity | 35.6B | 35.8B | 34.6B | 34.5B | 36.2B | 38.0B | |
Total Liab | 406.5B | 438.3B | 472.0B | 494.7B | 479.7B | 503.7B | |
Total Current Assets | 99.9B | 144.9B | 183.8B | 21.4B | 50.1B | 79.2B | |
Short Term Debt | 18.2B | 6.1B | 5.3B | 23.4B | 25.0B | 26.2B | |
Accumulated Other Comprehensive Income | (844M) | 716M | (1.6B) | (13.6B) | (12.5B) | (11.9B) | |
Common Stock Total Equity | 3.8B | 6.7B | 6.7B | 6.6B | 7.6B | 3.9B | |
Property Plant And Equipment Gross | 10.5B | 7.0B | 3.7B | 9.4B | 8.8B | 9.2B | |
Common Stock | 6.7B | 6.7B | 6.6B | 6.6B | 6.7B | 4.2B | |
Good Will | 24.2B | 24.4B | 26.1B | 27.0B | 20.9B | 12.0B | |
Short Term Investments | 74.7B | 120.8B | 153.1B | 71.8B | 3.6B | 3.4B | |
Other Current Assets | 31.8B | 34.2B | 39.9B | (71.8B) | 50.1B | 62.1B | |
Intangible Assets | 5.8B | 5.0B | 6.0B | 7.4B | 6.5B | 6.9B | |
Accounts Payable | 334.7B | 381.1B | 416.5B | 413.5B | 475.5B | 499.3B | |
Net Receivables | 6.1B | 5.2B | 10.3B | 11.8B | 13.0B | 13.6B | |
Inventory | (31.8B) | (34.2B) | (39.9B) | (11.8B) | (7.9B) | (8.3B) | |
Net Tangible Assets | 34.0B | 35.3B | 33.1B | 23.2B | 26.6B | 22.9B | |
Noncontrolling Interest In Consolidated Entity | 47M | 56M | 174M | 105M | 120.8M | 81.2M | |
Long Term Debt | 41.3B | 39.6B | 35.9B | 43.2B | 38.9B | 32.6B | |
Retained Earnings Total Equity | 18.1B | 19.8B | 19.5B | 23.0B | 26.4B | 17.4B | |
Long Term Debt Total | 41.3B | 39.6B | 35.9B | 43.2B | 49.7B | 31.7B | |
Capital Surpluse | 35.6B | 35.8B | 34.6B | 34.5B | 39.7B | 41.7B | |
Long Term Investments | 298.3B | 300.0B | 159.0B | 134.4B | 124.6B | 189.8B | |
Non Current Liabilities Other | 5.4B | 12.2B | 11.6B | 14.3B | 16.4B | 9.1B |
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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 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 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.