Suncorp Interest Income vs Net Interest Income Analysis

SUN Stock   19.30  0.60  3.21%   
Suncorp financial indicator trend analysis is much more than just breaking down Suncorp Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suncorp Group is a good investment. Please check the relationship between Suncorp Interest Income and its Net Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncorp Group. 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.

Interest Income vs Net Interest Income

Interest Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncorp Group Interest Income account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Suncorp's Interest Income and Net Interest Income is -0.55. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Suncorp Group, assuming nothing else is changed. The correlation between historical values of Suncorp's Interest Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Suncorp Group are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Interest Income i.e., Suncorp's Interest Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Suncorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suncorp Group 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 Suncorp Group. 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 gain to about 270.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 154 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue13.7B16.0B13.1B9.6B
Interest Expense403M1.7B315M299.3M

Suncorp fundamental ratios Correlations

0.610.00.090.960.560.60.490.580.370.290.980.10.360.850.430.040.42-0.590.07-0.490.670.380.140.60.45
0.61-0.53-0.410.590.520.96-0.110.550.560.510.66-0.550.090.340.6-0.60.66-0.21-0.57-0.180.390.1-0.010.30.76
0.0-0.530.96-0.140.28-0.580.14-0.290.10.15-0.120.940.640.31-0.450.950.030.180.680.370.20.73-0.250.39-0.15
0.09-0.410.96-0.060.41-0.480.19-0.210.240.28-0.030.930.730.37-0.420.920.160.190.650.380.170.82-0.210.52-0.02
0.960.59-0.14-0.060.360.610.540.50.190.090.97-0.010.170.840.38-0.050.24-0.690.06-0.660.570.190.230.460.32
0.560.520.280.410.360.39-0.050.30.920.910.480.20.680.380.450.130.920.25-0.010.320.590.82-0.070.590.85
0.60.96-0.58-0.480.610.39-0.080.580.430.380.66-0.58-0.070.340.56-0.620.54-0.27-0.56-0.240.39-0.010.030.340.66
0.49-0.110.140.190.54-0.05-0.080.19-0.2-0.290.50.410.20.5-0.140.37-0.23-0.640.57-0.490.260.040.490.21-0.27
0.580.55-0.29-0.210.50.30.580.190.340.310.58-0.230.120.350.32-0.340.42-0.46-0.37-0.230.370.06-0.080.290.46
0.370.560.10.240.190.920.43-0.20.340.990.340.010.540.170.42-0.080.990.41-0.160.40.480.720.00.380.94
0.290.510.150.280.090.910.38-0.290.310.990.240.010.530.10.42-0.060.980.48-0.220.50.450.73-0.140.390.93
0.980.66-0.12-0.030.970.480.660.50.580.340.240.010.280.840.37-0.050.39-0.640.07-0.580.640.290.280.480.44
0.1-0.550.940.93-0.010.2-0.580.41-0.230.010.010.010.640.42-0.540.99-0.09-0.040.850.190.220.650.00.38-0.26
0.360.090.640.730.170.68-0.070.20.120.540.530.280.640.44-0.150.580.50.020.420.310.370.81-0.050.510.35
0.850.340.310.370.840.380.340.50.350.170.10.840.420.44-0.060.390.2-0.630.36-0.510.540.50.080.540.2
0.430.6-0.45-0.420.380.450.56-0.140.320.420.420.37-0.54-0.15-0.06-0.570.480.11-0.56-0.020.39-0.04-0.080.20.55
0.04-0.60.950.92-0.050.13-0.620.37-0.34-0.08-0.06-0.050.990.580.39-0.57-0.17-0.020.840.180.150.61-0.040.35-0.34
0.420.660.030.160.240.920.54-0.230.420.990.980.39-0.090.50.20.48-0.170.34-0.280.350.490.67-0.080.40.98
-0.59-0.210.180.19-0.690.25-0.27-0.64-0.460.410.48-0.64-0.040.02-0.630.11-0.020.34-0.150.78-0.210.26-0.22-0.10.28
0.07-0.570.680.650.06-0.01-0.560.57-0.37-0.16-0.220.070.850.420.36-0.560.84-0.28-0.15-0.060.240.370.50.12-0.4
-0.49-0.180.370.38-0.660.32-0.24-0.49-0.230.40.5-0.580.190.31-0.51-0.020.180.350.78-0.060.010.38-0.350.170.22
0.670.390.20.170.570.590.390.260.370.480.450.640.220.370.540.390.150.49-0.210.240.010.480.230.380.46
0.380.10.730.820.190.82-0.010.040.060.720.730.290.650.810.5-0.040.610.670.260.370.380.48-0.170.60.54
0.14-0.01-0.25-0.210.23-0.070.030.49-0.080.0-0.140.280.0-0.050.08-0.08-0.04-0.08-0.220.5-0.350.23-0.17-0.26-0.07
0.60.30.390.520.460.590.340.210.290.380.390.480.380.510.540.20.350.4-0.10.120.170.380.6-0.260.31
0.450.76-0.15-0.020.320.850.66-0.270.460.940.930.44-0.260.350.20.55-0.340.980.28-0.40.220.460.54-0.070.31
Click cells to compare fundamentals

Suncorp Account Relationship Matchups

Suncorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets96.0B97.0B106.4B115.0B111.7B65.3B
Short Long Term Debt Total22.9B28.3B32.9B26.5B2.5B2.4B
Other Current Liab10.9B11.4B12.3B12.0B82.5B86.7B
Total Current Liabilities23.3B21.2B24.6B29.7B82.5B86.7B
Total Stockholder Equity12.8B13.4B12.8B13.3B13.8B8.4B
Property Plant And Equipment Net576M504M712M604M484M252.6M
Net Debt21.7B19.9B22.1B22.6B1.8B1.7B
Retained Earnings82M662M456M972M1.4B750.5M
Cash1.2B1.2B1.4B3.9B734M697.3M
Non Current Assets Total87.6B87.8B93.4B100.9B24.7B20.1B
Non Currrent Assets Other75.0B75.8B80.6B88.1B18.0B11.5B
Other Assets87.7B87.7B95.8B102.6B86.3B61.7B
Cash And Short Term Investments1.5B2.6B3.8B5.6B18.0B18.9B
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.4B928.5M
Short Term Investments1.5B1.6B2.7B2.2B17.3B18.2B
Liabilities And Stockholders Equity96.0B97.0B106.4B115.0B111.7B65.4B
Non Current Liabilities Total59.9B62.4B69.1B72.0B15.5B12.6B
Inventory(2.0B)(4.1B)(6.3B)(7.4B)(6.6B)(6.9B)
Other Current Assets8.4B9.2B13.0B10.1B87.2B91.6B
Other Stockholder Equity(51M)(41M)(26M)(25M)(38M)(36.1M)
Total Liab83.2B83.6B93.6B101.7B97.8B52.7B
Total Current Assets8.4B9.2B13.0B14.2B734M697.3M
Accumulated Other Comprehensive Income193M232M2M(2M)34M32.3M
Short Term Debt10.1B7.2B9.4B13.7B15.7B8.0B
Intangible Assets5.3B5.3B5.3B5.3B547M519.7M
Common Stock12.5B12.6B12.3B12.4B12.5B7.4B
Accounts Payable2.2B2.4B2.9B4.1B4.7B4.9B
Other Liab13.3B10.4B50.3B3.9B4.5B4.2B
Long Term Debt12.5B13.9B14.1B13.0B2.5B2.4B
Property Plant Equipment576M504M712M604M694.6M729.3M
Net Tangible Assets7.5B8.2B7.5B8.0B7.2B6.3B
Long Term Investments6.3B6.4B7.6B7.5B18.1B19.1B
Short Long Term Debt3.7B7.3B9.6B13.7B12.3B12.9B
Long Term Debt Total12.8B21.1B23.5B13.0B15.0B16.5B
Current Deferred Revenue164M189M(15.2B)9.6B11.0B11.6B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Suncorp Stock Analysis

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