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 Current Assets and its Property Plant And Equipment Gross 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 Current Assets vs Property Plant And Equipment Gross
Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guaranty Trust Holding Other Current Assets account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guaranty Trust's Other Current Assets and Property Plant And Equipment Gross is 0.82. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Current Assets and Property Plant And Equipment Gross 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 Current Assets of Guaranty Trust Holding are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., Guaranty Trust's Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Property Plant And Equipment Gross
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
Guaranty Trust fundamental ratios Correlations
Click cells to compare fundamentals
Guaranty Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guaranty Trust fundamental ratios Accounts
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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.