Fulton Total Current Assets vs Short Term Investments Analysis

FULT Stock  USD 21.01  0.14  0.66%   
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 Total Current Assets and its 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 closely tied 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.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fulton Financial Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fulton Financial's Total Current Assets and Short Term Investments is 0.78. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of 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 Total Current Assets 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 Total Current Assets of Fulton Financial are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Fulton Financial's Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Investments

Short Term Investments is an item under the current assets section of Fulton Financial balance sheet. It contains any investments Fulton Financial undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Fulton Financial can easily liquidate in the marketplace.
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 closely tied 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 Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 15.75 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 5.3 M in 2024.
 2021 2022 2023 2024 (projected)
EBIT334.2M347.0M348.7M302.2M
Operating Income334.2M430.2M446.5M307.3M

Fulton Financial fundamental ratios Correlations

0.590.340.47-0.070.750.830.450.140.260.410.0-0.080.610.670.2-0.060.920.570.20.540.060.880.870.190.21
0.590.69-0.210.110.970.860.750.680.080.190.220.090.3-0.020.650.10.291.00.58-0.120.530.860.740.540.6
0.340.69-0.280.00.60.480.950.55-0.03-0.020.09-0.010.27-0.260.47-0.020.180.690.5-0.230.660.510.480.380.91
0.47-0.21-0.28-0.37-0.030.13-0.24-0.580.050.07-0.4-0.350.530.78-0.47-0.330.67-0.23-0.440.83-0.690.160.14-0.31-0.3
-0.070.110.0-0.370.040.17-0.090.650.640.40.991.0-0.78-0.540.671.0-0.210.120.67-0.430.640.190.260.680.22
0.750.970.6-0.030.040.930.690.560.120.270.150.020.430.20.550.030.490.970.50.060.40.930.820.460.49
0.830.860.480.130.170.930.570.470.360.40.250.160.350.310.510.180.620.850.420.230.360.970.840.40.4
0.450.750.95-0.24-0.090.690.570.53-0.14-0.140.0-0.110.41-0.10.51-0.10.240.750.37-0.10.610.60.590.280.78
0.140.680.55-0.580.650.560.470.530.130.050.730.64-0.31-0.580.950.64-0.20.690.88-0.520.870.520.580.860.58
0.260.08-0.030.050.640.120.36-0.140.130.820.620.65-0.46-0.020.150.660.30.070.32-0.050.220.30.20.30.21
0.410.19-0.020.070.40.270.4-0.140.050.820.420.41-0.240.160.030.410.480.180.33-0.060.150.370.280.240.14
0.00.220.09-0.40.990.150.250.00.730.620.420.99-0.74-0.540.720.99-0.180.230.76-0.470.680.280.340.770.3
-0.080.09-0.01-0.351.00.020.16-0.110.640.650.410.99-0.79-0.540.651.0-0.210.10.67-0.430.620.170.240.690.23
0.610.30.270.53-0.780.430.350.41-0.31-0.46-0.24-0.74-0.790.72-0.26-0.780.640.29-0.350.7-0.390.390.35-0.330.01
0.67-0.02-0.260.78-0.540.20.31-0.1-0.58-0.020.16-0.54-0.540.72-0.48-0.510.8-0.04-0.50.81-0.640.320.3-0.46-0.43
0.20.650.47-0.470.670.550.510.510.950.150.030.720.65-0.26-0.480.65-0.120.660.75-0.360.810.570.620.740.51
-0.060.1-0.02-0.331.00.030.18-0.10.640.660.410.991.0-0.78-0.510.65-0.190.110.66-0.40.610.190.260.680.22
0.920.290.180.67-0.210.490.620.24-0.20.30.48-0.18-0.210.640.8-0.12-0.190.27-0.040.68-0.190.660.65-0.060.08
0.571.00.69-0.230.120.970.850.750.690.070.180.230.10.29-0.040.660.110.270.59-0.140.540.850.730.550.61
0.20.580.5-0.440.670.50.420.370.880.320.330.760.67-0.35-0.50.750.66-0.040.59-0.50.760.50.550.960.58
0.54-0.12-0.230.83-0.430.060.23-0.1-0.52-0.05-0.06-0.47-0.430.70.81-0.36-0.40.68-0.14-0.5-0.60.240.22-0.38-0.32
0.060.530.66-0.690.640.40.360.610.870.220.150.680.62-0.39-0.640.810.61-0.190.540.76-0.60.380.430.640.68
0.880.860.510.160.190.930.970.60.520.30.370.280.170.390.320.570.190.660.850.50.240.380.930.480.42
0.870.740.480.140.260.820.840.590.580.20.280.340.240.350.30.620.260.650.730.550.220.430.930.540.37
0.190.540.38-0.310.680.460.40.280.860.30.240.770.69-0.33-0.460.740.68-0.060.550.96-0.380.640.480.540.5
0.210.60.91-0.30.220.490.40.780.580.210.140.30.230.01-0.430.510.220.080.610.58-0.320.680.420.370.5
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Fulton Financial Account Relationship Matchups

Fulton Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding167.8M163.1M163.3M165.5M166.8M150.7M
Total Assets21.9B25.9B25.8B26.9B27.6B14.0B
Short Long Term Debt Total1.7B1.9B1.0B4.0B1.6B1.2B
Other Current Liab(835.4M)(640.4M)(423.8M)(10.2M)(35.1M)(33.3M)
Total Current Liabilities835.4M640.4M423.8M10.2M13.3B14.0B
Total Stockholder Equity2.3B2.6B2.7B2.6B2.8B1.5B
Property Plant And Equipment Net240.0M231.5M220.4M225.1M311.1M166.3M
Net Debt1.6B1.8B865.8M2.6B1.1B911.3M
Retained Earnings1.1B1.1B1.3B1.5B1.6B1.7B
Accounts Payable8.8M10.4M7M10.2M35.1M19.4M
Cash132.3M120.5M172.3M126.9M300.3M168.5M
Non Current Assets Total4.1B5.9B6.5B5.4B27.8B29.1B
Non Currrent Assets Other(111.3M)(172.1M)(176.6M)(272.1M)26.1B27.4B
Other Assets15.9B17.9B17.5B21.0B(1.1B)(1.1B)
Cash And Short Term Investments1.5B1.8B1.6B126.9M300.3M285.3M
Net Receivables360.3M352.1M293.8M351.7M478.9M502.8M
Liabilities And Stockholders Equity21.9B25.9B25.8B26.9B27.6B14.0B
Non Current Liabilities Total881.8M1.3B621.3M10.2M24.8B26.1B
Other Stockholder Equity713.1M680.2M650.2M760.1M695.8M632.8M
Total Liab19.5B23.3B23.1B24.4B24.8B12.5B
Property Plant And Equipment Gross240.0M231.5M538.9M558.2M579.0M608.0M
Total Current Assets1.9B2.1B1.9B478.6M958.9M911.0M
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 Investments1.4B1.7B1.4B1.0B232.0M220.4M
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

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