Synchrony Depreciation And Amortization vs Total Assets Analysis

0LC3 Stock   67.52  0.74  1.11%   
Synchrony Financial financial indicator trend analysis is much more than just breaking down Synchrony Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synchrony Financial is a good investment. Please check the relationship between Synchrony Financial Depreciation And Amortization and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. 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.
For more information on how to buy Synchrony Stock please use our How to Invest in Synchrony Financial guide.

Depreciation And Amortization vs Total Assets

Depreciation And Amortization vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchrony Financial Depreciation And Amortization account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Synchrony Financial's Depreciation And Amortization and Total Assets is -0.63. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Assets in the same time period over historical financial statements of Synchrony Financial, assuming nothing else is changed. The correlation between historical values of Synchrony Financial's Depreciation And Amortization and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Synchrony Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Depreciation And Amortization i.e., Synchrony Financial's Depreciation And Amortization and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Assets

Total assets refers to the total amount of Synchrony Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Synchrony Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Synchrony Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synchrony Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. 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.
For more information on how to buy Synchrony Stock please use our How to Invest in Synchrony Financial guide.Selling General Administrative is likely to drop to about 1.2 B in 2024. Tax Provision is likely to drop to about 786.7 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit10.3B11.8B4.4B4.2B
Total Revenue11.2B13.2B7.7B11.9B

Synchrony Financial fundamental ratios Correlations

0.3-0.790.60.280.210.65-0.080.30.480.650.27-0.851.00.30.28-0.170.540.090.77-0.77-0.79-0.08-0.63-0.22-0.72
0.30.28-0.020.740.890.23-0.830.750.8-0.380.870.130.250.750.78-0.78-0.550.820.67-0.68-0.670.0-0.56-0.15-0.55
-0.790.28-0.670.290.4-0.44-0.470.28-0.01-0.930.370.97-0.810.280.2-0.4-0.90.49-0.370.350.39-0.130.250.090.4
0.6-0.02-0.670.010.040.490.420.020.020.73-0.05-0.630.60.020.080.170.7-0.420.21-0.18-0.210.17-0.040.03-0.14
0.280.740.290.010.870.45-0.61.00.49-0.330.890.180.231.00.72-0.93-0.410.670.37-0.45-0.39-0.25-0.47-0.27-0.39
0.210.890.40.040.870.36-0.780.870.67-0.480.980.270.160.870.71-0.84-0.590.820.5-0.53-0.5-0.26-0.5-0.18-0.42
0.650.23-0.440.490.450.36-0.120.430.380.270.4-0.560.650.430.19-0.260.230.160.45-0.55-0.47-0.46-0.74-0.53-0.66
-0.08-0.83-0.470.42-0.6-0.78-0.12-0.61-0.790.67-0.83-0.3-0.05-0.61-0.460.690.77-0.96-0.610.650.610.270.620.230.52
0.30.750.280.021.00.870.43-0.610.51-0.310.890.170.251.00.74-0.93-0.40.670.39-0.47-0.41-0.23-0.46-0.26-0.39
0.480.8-0.010.020.490.670.38-0.790.51-0.180.69-0.180.450.510.54-0.59-0.350.720.88-0.87-0.85-0.14-0.75-0.15-0.69
0.65-0.38-0.930.73-0.33-0.480.270.67-0.31-0.18-0.49-0.850.67-0.31-0.120.440.97-0.690.14-0.1-0.150.30.050.11-0.09
0.270.870.37-0.050.890.980.4-0.830.890.69-0.490.220.230.890.69-0.85-0.580.880.54-0.59-0.56-0.37-0.59-0.28-0.49
-0.850.130.97-0.630.180.27-0.56-0.30.17-0.18-0.850.22-0.870.170.09-0.29-0.790.32-0.510.510.520.010.440.240.55
1.00.25-0.810.60.230.160.65-0.050.250.450.670.23-0.870.250.23-0.120.570.060.75-0.75-0.77-0.08-0.62-0.23-0.72
0.30.750.280.021.00.870.43-0.611.00.51-0.310.890.170.250.74-0.93-0.40.670.39-0.47-0.41-0.23-0.46-0.26-0.39
0.280.780.20.080.720.710.19-0.460.740.54-0.120.690.090.230.74-0.76-0.30.490.4-0.4-0.390.08-0.270.0-0.21
-0.17-0.78-0.40.17-0.93-0.84-0.260.69-0.93-0.590.44-0.85-0.29-0.12-0.93-0.760.54-0.74-0.430.460.430.150.420.130.36
0.54-0.55-0.90.7-0.41-0.590.230.77-0.4-0.350.97-0.58-0.790.57-0.4-0.30.54-0.78-0.030.050.010.210.150.060.02
0.090.820.49-0.420.670.820.16-0.960.670.72-0.690.880.320.060.670.49-0.74-0.780.57-0.6-0.58-0.39-0.61-0.27-0.54
0.770.67-0.370.210.370.50.45-0.610.390.880.140.54-0.510.750.390.4-0.43-0.030.57-0.96-1.0-0.06-0.79-0.14-0.86
-0.77-0.680.35-0.18-0.45-0.53-0.550.65-0.47-0.87-0.1-0.590.51-0.75-0.47-0.40.460.05-0.6-0.960.970.160.870.350.89
-0.79-0.670.39-0.21-0.39-0.5-0.470.61-0.41-0.85-0.15-0.560.52-0.77-0.41-0.390.430.01-0.58-1.00.970.090.810.20.88
-0.080.0-0.130.17-0.25-0.26-0.460.27-0.23-0.140.3-0.370.01-0.08-0.230.080.150.21-0.39-0.060.160.090.440.630.26
-0.63-0.560.25-0.04-0.47-0.5-0.740.62-0.46-0.750.05-0.590.44-0.62-0.46-0.270.420.15-0.61-0.790.870.810.440.60.93
-0.22-0.150.090.03-0.27-0.18-0.530.23-0.26-0.150.11-0.280.24-0.23-0.260.00.130.06-0.27-0.140.350.20.630.60.48
-0.72-0.550.4-0.14-0.39-0.42-0.660.52-0.39-0.69-0.09-0.490.55-0.72-0.39-0.210.360.02-0.54-0.860.890.880.260.930.48
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Synchrony Financial Account Relationship Matchups

Synchrony Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets104.8B95.9B95.7B104.6B117.5B73.6B
Total Current Liabilities4.5B4.5B5.1B3.9B4.3B4.2B
Total Stockholder Equity15.1B12.7B13.7B12.9B13.9B26.3B
Net Debt9.1B4.3B6.2B3.9B1.7B3.2B
Cash10.8B11.5B8.3B10.3B14.3B10.4B
Non Current Assets Total92.7B84.4B87.4B94.3B103.2B84.1B
Non Currrent Assets Other1.3B82.2B37M92.4B101.4B106.5B
Other Assets(100.6B)(91.1B)(95.2B)(102.9B)(113.3B)(107.6B)
Cash And Short Term Investments12.1B11.5B8.3B10.3B14.3B10.5B
Good Will991M1.0B1.1B1.1B1.0B1.1B
Common Stock Shares Outstanding673.5M590.8M569.3M483.4M423.5M382.9M
Non Current Liabilities Total85.2B78.8B77.0B87.8B103.6B80.5B
Other Stockholder Equity2.3B1.4B(1.3B)(4.5B)(5.4B)(5.2B)
Total Liab89.7B83.2B82.1B91.7B103.6B63.2B
Total Current Assets12.1B11.5B8.3B10.3B14.3B10.5B
Intangible Assets1.3B1.1B1.2B742M815M956.7M
Short Long Term Debt Total19.9B15.8B14.5B14.2B16.0B11.7B
Liabilities And Stockholders Equity104.8B95.9B95.7B104.6B117.5B80.2B
Accumulated Other Comprehensive Income(58M)(51M)(69M)(125M)(68M)(64.6M)
Retained Earnings12.1B10.6B14.2B16.7B18.7B13.2B
Other Current Liab300M(369M)4.6B3.9B(1.9B)(2.0B)
Other Current Assets(12.1B)(11.5B)(8.3B)(10.3B)(14.3B)(13.5B)
Short Term Debt4.2B4.8B500M1.7B4.2B6.8B
Other Liab210M234M228M163M146.7M161.6M
Net Tangible Assets12.0B9.8B10.6B9.7B8.8B9.0B
Accounts Payable65.2B62.8B62.3B71.7B31M29.5M
Long Term Debt24.0B19.9B15.8B14.5B13.1B15.2B
Capital Surpluse9.5B9.5B9.6B9.7B11.1B10.5B
Treasury Stock(3.7B)(7.2B)(8.2B)(10.9B)(9.8B)(10.3B)
Earning Assets6.1B6.6B7.5B9.6B11.1B7.5B

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