Truist Short Term Coverage Ratios from 2010 to 2024

TFC Stock  USD 46.81  0.63  1.36%   
Truist Financial's Short Term Coverage Ratios is decreasing over the years with slightly volatile fluctuation. Short Term Coverage Ratios is expected to dwindle to 0.39. During the period from 2010 to 2024 Truist Financial Short Term Coverage Ratios annual values regression line had geometric mean of  1.15 and mean square error of  404.02. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
0.41543127
Current Value
0.39
Quarterly Volatility
21.54556181
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Truist Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Truist Financial's main balance sheet or income statement drivers, such as Other Operating Expenses of 24.6 B, Ebitda of 631.8 M or Total Operating Expenses of 24.6 B, as well as many indicators such as Price To Sales Ratio of 3.6, Dividend Yield of 0.0669 or PTB Ratio of 0.79. Truist financial statements analysis is a perfect complement when working with Truist Financial Valuation or Volatility modules.
  
Check out the analysis of Truist Financial Correlation against competitors.

Latest Truist Financial's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Truist Financial Corp over the last few years. It is Truist Financial's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Truist Financial's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Truist Short Term Coverage Ratios Regression Statistics

Arithmetic Mean6.66
Geometric Mean1.15
Coefficient Of Variation323.33
Mean Deviation10.38
Median0.94
Standard Deviation21.55
Sample Variance464.21
Range84.4007
R-Value(0.44)
Mean Square Error404.02
R-Squared0.19
Significance0.10
Slope(2.11)
Total Sum of Squares6,499

Truist Short Term Coverage Ratios History

2024 0.39
2023 0.42
2022 0.47
2021 3.11
2020 1.69
2019 0.0993

About Truist Financial Financial Statements

Truist Financial stakeholders use historical fundamental indicators, such as Truist Financial's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Truist Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Truist Financial's assets and liabilities are reflected in the revenues and expenses on Truist Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Truist Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 0.42  0.39 

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When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:
Check out the analysis of Truist Financial Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.239
Dividend Share
2.08
Earnings Share
(4.81)
Revenue Per Share
10.857
Quarterly Revenue Growth
0.061
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.