TrustCo Total Cash From Operating Activities vs Total Assets Analysis
TRST Stock | USD 27.35 0.73 2.74% |
TrustCo Bank financial indicator trend analysis is much more than just breaking down TrustCo Bank Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TrustCo Bank Corp is a good investment. Please check the relationship between TrustCo Bank Total Cash From Operating Activities and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrustCo Bank 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 state.
Total Cash From Operating Activities vs Total Assets
Total Cash From Operating Activities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TrustCo Bank Corp Total Cash From Operating Activities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between TrustCo Bank's Total Cash From Operating Activities and Total Assets is 0.79. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Assets in the same time period over historical financial statements of TrustCo Bank Corp, assuming nothing else is changed. The correlation between historical values of TrustCo Bank's Total Cash From Operating Activities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of TrustCo Bank Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Cash From Operating Activities i.e., TrustCo Bank's Total Cash From Operating Activities and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Cash From Operating Activities
Total Assets
Total assets refers to the total amount of TrustCo Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in TrustCo Bank Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from TrustCo Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TrustCo Bank 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 TrustCo Bank 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 state. Selling General Administrative is likely to drop to about 34.9 M in 2024. Tax Provision is likely to drop to about 18.2 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 82.1M | 95.3M | 73.8M | 101.9M | Operating Income | 82.1M | 95.3M | 81.9M | 102.1M |
TrustCo Bank fundamental ratios Correlations
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TrustCo Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TrustCo Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 19.4M | 19.3M | 19.3M | 19.1M | 19.0M | 16.6M | |
Total Assets | 5.2B | 5.9B | 6.2B | 6.0B | 6.2B | 3.8B | |
Short Long Term Debt Total | 205.2M | 267.5M | 297.4M | 171.7M | 133.5M | 148.7M | |
Other Current Liab | (148.7M) | (214.8M) | (244.7M) | 49.0M | 1.3B | 2.1B | |
Total Current Liabilities | 148.7M | 214.8M | 244.7M | 171.7M | 1.4B | 1.5B | |
Total Stockholder Equity | 538.3M | 568.2M | 601.1M | 600.0M | 645.3M | 677.5M | |
Property Plant And Equipment Net | 86.1M | 82.3M | 81.1M | 77.3M | 74.5M | 37.8M | |
Net Debt | 157.0M | 220.3M | 249.0M | 128.3M | 84.2M | 88.4M | |
Retained Earnings | 288.1M | 314.0M | 349.1M | 393.8M | 425.1M | 446.3M | |
Cash | 48.2M | 47.2M | 48.4M | 43.4M | 49.3M | 86.2M | |
Non Current Assets Total | 678.5M | 535.2M | 498.8M | 77.3M | 5.6B | 5.9B | |
Non Currrent Assets Other | (678.5M) | (535.2M) | (498.8M) | (489.2M) | 5.5B | 5.8B | |
Other Assets | 3.9B | 4.9B | 5.2B | 5.3B | 6.1B | 6.4B | |
Cash And Short Term Investments | 622.0M | 486.3M | 456.1M | 650.6M | (49.3M) | (46.8M) | |
Liabilities And Stockholders Equity | 5.2B | 5.9B | 6.2B | 6.0B | 6.2B | 3.8B | |
Non Current Liabilities Total | 56.6M | 52.8M | 52.7M | 5.2B | 4.1B | 4.3B | |
Other Stockholder Equity | 145.5M | 142.0M | 219.9M | 213.3M | 213.4M | 115.5M | |
Total Liab | 4.7B | 5.3B | 5.6B | 5.4B | 5.5B | 3.5B | |
Property Plant And Equipment Gross | 86.1M | 82.3M | 81.1M | 77.3M | 178.7M | 187.6M | |
Total Current Assets | 622.0M | 486.3M | 456.1M | 650.6M | 578.0M | 348.1M | |
Short Term Debt | 148.7M | 214.8M | 244.7M | 122.7M | 89.0M | 139.8M | |
Accumulated Other Comprehensive Income | 4.5M | 11.9M | 12.1M | (27.2M) | (13.2M) | (12.6M) | |
Accounts Payable | 4.5B | 28.9M | 5.3B | 35.6M | 32.0M | 30.4M | |
Short Term Investments | 573.8M | 439.1M | 407.7M | 481.5M | 452.3M | 535.9M | |
Inventory | 1.6M | 541K | 362K | 2.1M | 2.4M | 3.7M | |
Property Plant Equipment | 86.1M | 34.4M | 81.1M | 32.6M | 37.4M | 38.5M | |
Net Tangible Assets | 538.3M | 568.2M | 601.1M | 600.0M | 690.0M | 509.1M | |
Capital Surpluse | 176.4M | 176.4M | 256.7M | 257.1M | 295.6M | 207.1M | |
Long Term Investments | 592.4M | 4.6B | 417.6M | 489.2M | 458.7M | 435.8M | |
Other Current Assets | 469.0M | 1.1B | 1.2B | 664.2M | 578.0M | 672.5M | |
Short Long Term Debt | 148.7M | 214.8M | 244.7M | 122.7M | 110.4M | 153.4M | |
Net Invested Capital | 686.9M | 782.9M | 845.8M | 722.7M | 831.1M | 805.1M |
Currently Active Assets on Macroaxis
When determining whether TrustCo Bank Corp 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 TrustCo 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 Trustco Bank Corp Stock. Highlighted below are key reports to facilitate an investment decision about Trustco Bank Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrustCo Bank 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 state. 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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When running TrustCo Bank's price analysis, check to measure TrustCo Bank'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 TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to predict the probability of TrustCo Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustCo Bank's price. Additionally, you may evaluate how the addition of TrustCo Bank to your portfolios can decrease your overall portfolio volatility.
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Is TrustCo Bank'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 TrustCo Bank. If investors know TrustCo 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 TrustCo Bank 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 (0.32) | Dividend Share 1.44 | Earnings Share 2.79 | Revenue Per Share 9.377 | Quarterly Revenue Growth (0.20) |
The market value of TrustCo Bank Corp is measured differently than its book value, which is the value of TrustCo that is recorded on the company's balance sheet. Investors also form their own opinion of TrustCo Bank's value that differs from its market value or its book value, called intrinsic value, which is TrustCo Bank'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 TrustCo Bank's market value can be influenced by many factors that don't directly affect TrustCo Bank'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 TrustCo Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrustCo Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrustCo Bank'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.