SNV Stock | | | USD 57.07 0.38 0.66% |
Synovus Financial financial indicator trend analysis is much more than just breaking down Synovus Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synovus Financial Corp is a good investment. Please check the relationship between Synovus Financial Capital Stock and its Net Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. 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.
Capital Stock vs Net Debt
Capital Stock vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Synovus Financial Corp Capital Stock account and
Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Synovus Financial's Capital Stock and Net Debt is -0.24. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Synovus Financial Corp, assuming nothing else is changed. The correlation between historical values of Synovus Financial's Capital Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Synovus Financial Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Stock i.e., Synovus Financial's Capital Stock and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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.
Most indicators from Synovus Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synovus 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 Synovus Financial Corp. 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.
Selling General Administrative is likely to drop to about 37.9
M in 2024.
Tax Provision is likely to drop to about 187.3
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
EBITDA | 1.1B | 1.0B | 2.7B | 2.8B | EBIT | 944.9M | 982.8M | 2.6B | 2.8B |
Synovus Financial fundamental ratios Correlations
Click cells to compare fundamentals
Synovus Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synovus Financial fundamental ratios Accounts
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