Trustco Bank Corp Stock Cash And Equivalents

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Bank Corp fundamentals help investors to digest information that contributes to TrustCo Bank's financial success or failures. It also enables traders to predict the movement of TrustCo Stock. The fundamental analysis module provides a way to measure TrustCo Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TrustCo Bank stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

TrustCo Bank Corp Company Cash And Equivalents Analysis

TrustCo Bank's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current TrustCo Bank Cash And Equivalents

    
  841.26 M  
Most of TrustCo Bank's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TrustCo Bank Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

TrustCo Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for TrustCo Bank is extremely important. It helps to project a fair market value of TrustCo Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since TrustCo Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TrustCo Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TrustCo Bank's interrelated accounts and indicators.
0.810.660.661.00.410.56-0.120.060.04-0.010.470.710.48-0.19-0.09-0.530.38-0.370.04
0.810.310.950.80.180.32-0.450.07-0.180.140.440.840.59-0.46-0.3-0.820.59-0.67-0.5
0.660.310.080.670.410.90.40.210.15-0.040.480.13-0.160.260.570.01-0.030.20.53
0.660.950.080.650.040.08-0.660.11-0.380.310.350.90.72-0.59-0.43-0.90.68-0.81-0.61
1.00.80.670.650.420.57-0.110.040.06-0.030.460.70.47-0.18-0.08-0.510.37-0.360.05
0.410.180.410.040.420.410.27-0.190.37-0.140.090.03-0.060.11-0.030.12-0.190.130.21
0.560.320.90.080.570.410.380.040.23-0.150.350.03-0.220.330.680.060.060.180.28
-0.12-0.450.4-0.66-0.110.270.38-0.240.49-0.34-0.1-0.62-0.870.790.40.59-0.740.950.6
0.060.070.210.110.04-0.190.04-0.24-0.380.410.830.260.2-0.490.2-0.250.26-0.190.17
0.04-0.180.15-0.380.060.370.230.49-0.38-0.94-0.07-0.54-0.350.180.030.54-0.350.360.13
-0.010.14-0.040.31-0.03-0.14-0.15-0.340.41-0.940.140.490.24-0.13-0.03-0.450.19-0.220.02
0.470.440.480.350.460.090.35-0.10.83-0.070.140.40.21-0.50.09-0.380.27-0.210.06
0.710.840.130.90.70.030.03-0.620.26-0.540.490.40.8-0.53-0.37-0.90.67-0.72-0.34
0.480.59-0.160.720.47-0.06-0.22-0.870.2-0.350.240.210.8-0.73-0.45-0.640.74-0.9-0.39
-0.19-0.460.26-0.59-0.180.110.330.79-0.490.18-0.13-0.5-0.53-0.730.50.49-0.550.810.5
-0.09-0.30.57-0.43-0.08-0.030.680.40.20.03-0.030.09-0.37-0.450.50.42-0.020.410.44
-0.53-0.820.01-0.9-0.510.120.060.59-0.250.54-0.45-0.38-0.9-0.640.490.42-0.570.680.49
0.380.59-0.030.680.37-0.190.06-0.740.26-0.350.190.270.670.74-0.55-0.02-0.57-0.78-0.56
-0.37-0.670.2-0.81-0.360.130.180.95-0.190.36-0.22-0.21-0.72-0.90.810.410.68-0.780.63
0.04-0.50.53-0.610.050.210.280.60.170.130.020.06-0.34-0.390.50.440.49-0.560.63
Click cells to compare fundamentals
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

TrustCo Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

(486.38 Million)

At this time, TrustCo Bank's Cash And Cash Equivalents Changes is comparatively stable compared to the past year.
In accordance with the recently published financial statements, TrustCo Bank Corp has 841.26 M in Cash And Equivalents. This is 97.51% lower than that of the Banks sector and significantly higher than that of the Financials industry. The cash and equivalents for all United States stocks is 68.87% higher than that of the company.

TrustCo Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TrustCo Bank's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TrustCo Bank could also be used in its relative valuation, which is a method of valuing TrustCo Bank by comparing valuation metrics of similar companies.
TrustCo Bank is currently under evaluation in cash and equivalents category among its peers.

TrustCo Bank ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TrustCo Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TrustCo Bank's managers, analysts, and investors.
Environmental
Governance
Social

TrustCo Fundamentals

About TrustCo Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TrustCo Bank Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TrustCo Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TrustCo Bank Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 TrustCo Stock Analysis

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