Guaranty Other Assets vs Other Current Assets Analysis

GTCO Stock   1.79  0.06  3.24%   
Guaranty Trust financial indicator trend analysis is much more than just examining Guaranty Trust Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guaranty Trust Holding is a good investment. Please check the relationship between Guaranty Trust Other Assets and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Assets vs Other Current Assets

Other Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guaranty Trust Holding Other Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guaranty Trust's Other Assets and Other Current Assets is 0.97. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Guaranty Trust Holding, assuming nothing else is changed. The correlation between historical values of Guaranty Trust's Other Assets and Other Current 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 Other Assets of Guaranty Trust Holding are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Assets i.e., Guaranty Trust's Other Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Guaranty Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guaranty Trust Holding 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Discontinued Operations is likely to drop to about (15.5 M) in 2024. Tax Provision is likely to drop to about 54.4 B in 2024
 2021 2022 2023 2024 (projected)
Tax Provision46.7B45.0B69.7B54.4B
Income Tax Expense46.7B45.0B51.7B42.7B

Guaranty Trust fundamental ratios Correlations

0.870.960.860.73-0.360.87-0.03-0.710.820.320.88-0.790.810.890.850.930.940.94-0.870.90.870.850.98-0.790.61
0.870.850.990.85-0.050.99-0.05-0.610.970.490.99-0.490.950.840.80.870.890.85-0.610.850.820.820.89-0.490.48
0.960.850.850.74-0.350.87-0.15-0.490.810.330.86-0.770.810.860.810.840.890.91-0.830.860.820.810.89-0.770.61
0.860.990.850.88-0.071.0-0.15-0.550.980.560.97-0.530.980.820.780.870.850.8-0.640.820.810.80.88-0.530.5
0.730.850.740.880.270.86-0.24-0.460.880.620.8-0.380.90.50.430.70.590.64-0.50.510.480.450.76-0.380.1
-0.36-0.05-0.35-0.070.27-0.1-0.10.220.020.1-0.070.75-0.02-0.56-0.63-0.41-0.42-0.260.67-0.54-0.6-0.59-0.310.75-0.87
0.870.990.871.00.86-0.1-0.17-0.560.970.530.97-0.540.980.840.80.880.870.82-0.650.840.830.820.88-0.540.52
-0.03-0.05-0.15-0.15-0.24-0.1-0.17-0.110.010.21-0.010.01-0.290.020.03-0.01-0.01-0.040.020.020.030.03-0.040.010.07
-0.71-0.61-0.49-0.55-0.460.22-0.56-0.11-0.48-0.1-0.590.52-0.52-0.65-0.61-0.81-0.69-0.660.62-0.65-0.65-0.62-0.820.52-0.35
0.820.970.810.980.880.020.970.01-0.480.650.96-0.450.940.750.710.810.790.76-0.570.760.740.730.82-0.450.42
0.320.490.330.560.620.10.530.21-0.10.650.41-0.320.570.210.230.440.180.07-0.370.210.280.230.37-0.320.2
0.880.990.860.970.8-0.070.97-0.01-0.590.960.41-0.470.910.860.810.840.920.89-0.590.870.830.830.88-0.470.49
-0.79-0.49-0.77-0.53-0.380.75-0.540.010.52-0.45-0.32-0.47-0.5-0.73-0.74-0.79-0.67-0.60.99-0.72-0.76-0.71-0.761.0-0.78
0.810.950.810.980.9-0.020.98-0.29-0.520.940.570.91-0.50.750.720.840.780.73-0.610.750.750.730.84-0.50.45
0.890.840.860.820.5-0.560.840.02-0.650.750.210.86-0.730.750.990.90.980.88-0.791.00.990.990.88-0.730.83
0.850.80.810.780.43-0.630.80.03-0.610.710.230.81-0.740.720.990.890.940.82-0.790.991.01.00.83-0.740.89
0.930.870.840.870.7-0.410.88-0.01-0.810.810.440.84-0.790.840.90.890.90.81-0.880.90.920.890.98-0.790.69
0.940.890.890.850.59-0.420.87-0.01-0.690.790.180.92-0.670.780.980.940.90.96-0.750.980.950.960.91-0.670.71
0.940.850.910.80.64-0.260.82-0.04-0.660.760.070.89-0.60.730.880.820.810.96-0.680.890.820.830.89-0.60.52
-0.87-0.61-0.83-0.64-0.50.67-0.650.020.62-0.57-0.37-0.590.99-0.61-0.79-0.79-0.88-0.75-0.68-0.79-0.82-0.77-0.850.99-0.76
0.90.850.860.820.51-0.540.840.02-0.650.760.210.87-0.720.751.00.990.90.980.89-0.790.990.990.88-0.720.82
0.870.820.820.810.48-0.60.830.03-0.650.740.280.83-0.760.750.991.00.920.950.82-0.820.991.00.87-0.760.87
0.850.820.810.80.45-0.590.820.03-0.620.730.230.83-0.710.730.991.00.890.960.83-0.770.991.00.84-0.710.87
0.980.890.890.880.76-0.310.88-0.04-0.820.820.370.88-0.760.840.880.830.980.910.89-0.850.880.870.84-0.760.58
-0.79-0.49-0.77-0.53-0.380.75-0.540.010.52-0.45-0.32-0.471.0-0.5-0.73-0.74-0.79-0.67-0.60.99-0.72-0.76-0.71-0.76-0.78
0.610.480.610.50.1-0.870.520.07-0.350.420.20.49-0.780.450.830.890.690.710.52-0.760.820.870.870.58-0.78
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Guaranty Trust Account Relationship Matchups

Guaranty Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab44.6B83.1B119.3B278.9B320.7B336.7B
Total Current Liabilities2.8T3.8T4.4T5.0T5.8T4.1T
Other Liab182.8B273.4B119.1B443.1B509.6B535.1B
Net Tangible Assets653.4B778.7B844.8B882.6B1.0T815.5B
Retained Earnings526.6B642.4B710.1B765.4B580.0B667.1B
Accounts Payable2.7T3.6T4.2T4.7T102.2B97.0B
Other Assets1.5T1.7T1.9T2.0T2.3T1.8T
Net Receivables22.8B83.0B77.1B70.9B81.6B74.1B
Inventory11.0B14.9B2.4B3.5B3.2B3.0B
Other Current Assets517.5B1.1T1.1T1.2T1.4T966.7B
Other Stockholder Equity15.4B24.9B24.2B16.6B19.1B21.6B
Total Current Assets1.3T2.0T2.2T3.0T3.5T2.1T
Property Plant Equipment165.4B175.2B204.0B197.9B227.5B187.9B

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When running Guaranty Trust's price analysis, check to measure Guaranty Trust'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 Guaranty Trust is operating at the current time. Most of Guaranty Trust's value examination focuses on studying past and present price action to predict the probability of Guaranty Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guaranty Trust's price. Additionally, you may evaluate how the addition of Guaranty Trust to your portfolios can decrease your overall portfolio volatility.