Synchrony Good Will vs Long Term Debt Analysis

0LC3 Stock   66.78  0.08  0.12%   
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 Good Will and its Long Term Debt 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.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchrony Financial Good Will account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Synchrony Financial's Good Will and Long Term Debt is -0.69. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt 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 Good Will and Long Term 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 Good Will of Synchrony Financial are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Synchrony Financial's Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Synchrony Financial has held for over one year. Long-term debt appears on Synchrony Financial balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Synchrony Financial balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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

0.3-0.790.60.280.210.65-0.080.30.480.650.27-0.851.00.30.28-0.170.540.090.73-0.77-0.79-0.08-0.63-0.22-0.72
0.30.28-0.020.740.890.23-0.830.750.8-0.380.870.130.250.750.78-0.78-0.550.820.64-0.68-0.670.0-0.56-0.15-0.55
-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
0.6-0.02-0.670.010.040.490.420.020.020.73-0.05-0.630.60.020.080.170.7-0.420.22-0.18-0.210.17-0.040.03-0.14
0.280.740.290.010.870.45-0.61.00.49-0.330.890.180.231.00.72-0.93-0.410.670.31-0.45-0.39-0.25-0.47-0.27-0.39
0.210.890.40.040.870.36-0.780.870.67-0.480.980.270.160.870.71-0.84-0.590.820.45-0.53-0.5-0.26-0.5-0.18-0.42
0.650.23-0.440.490.450.36-0.120.430.380.270.4-0.560.650.430.19-0.260.230.160.34-0.55-0.47-0.46-0.74-0.53-0.66
-0.08-0.83-0.470.42-0.6-0.78-0.12-0.61-0.790.67-0.83-0.3-0.05-0.61-0.460.690.77-0.96-0.550.650.610.270.620.230.52
0.30.750.280.021.00.870.43-0.610.51-0.310.890.170.251.00.74-0.93-0.40.670.34-0.47-0.41-0.23-0.46-0.26-0.39
0.480.8-0.010.020.490.670.38-0.790.51-0.180.69-0.180.450.510.54-0.59-0.350.720.84-0.87-0.85-0.14-0.75-0.15-0.69
0.65-0.38-0.930.73-0.33-0.480.270.67-0.31-0.18-0.49-0.850.67-0.31-0.120.440.97-0.690.18-0.1-0.150.30.050.11-0.09
0.270.870.37-0.050.890.980.4-0.830.890.69-0.490.220.230.890.69-0.85-0.580.880.48-0.59-0.56-0.37-0.59-0.28-0.49
-0.850.130.97-0.630.180.27-0.56-0.30.17-0.18-0.850.22-0.870.170.09-0.29-0.790.32-0.470.510.520.010.440.240.55
1.00.25-0.810.60.230.160.65-0.050.250.450.670.23-0.870.250.23-0.120.570.060.71-0.75-0.77-0.08-0.62-0.23-0.72
0.30.750.280.021.00.870.43-0.611.00.51-0.310.890.170.250.74-0.93-0.40.670.34-0.47-0.41-0.23-0.46-0.26-0.39
0.280.780.20.080.720.710.19-0.460.740.54-0.120.690.090.230.74-0.76-0.30.490.39-0.4-0.390.08-0.270.0-0.21
-0.17-0.78-0.40.17-0.93-0.84-0.260.69-0.93-0.590.44-0.85-0.29-0.12-0.93-0.760.54-0.74-0.40.460.430.150.420.130.36
0.54-0.55-0.90.7-0.41-0.590.230.77-0.4-0.350.97-0.58-0.790.57-0.4-0.30.54-0.780.00.050.010.210.150.060.02
0.090.820.49-0.420.670.820.16-0.960.670.72-0.690.880.320.060.670.49-0.74-0.780.5-0.6-0.58-0.39-0.61-0.27-0.54
0.730.64-0.370.220.310.450.34-0.550.340.840.180.48-0.470.710.340.39-0.40.00.5-0.9-0.960.09-0.670.07-0.77
-0.77-0.680.35-0.18-0.45-0.53-0.550.65-0.47-0.87-0.1-0.590.51-0.75-0.47-0.40.460.05-0.6-0.90.970.160.870.350.89
-0.79-0.670.39-0.21-0.39-0.5-0.470.61-0.41-0.85-0.15-0.560.52-0.77-0.41-0.390.430.01-0.58-0.960.970.090.810.20.88
-0.080.0-0.130.17-0.25-0.26-0.460.27-0.23-0.140.3-0.370.01-0.08-0.230.080.150.21-0.390.090.160.090.440.630.26
-0.63-0.560.25-0.04-0.47-0.5-0.740.62-0.46-0.750.05-0.590.44-0.62-0.46-0.270.420.15-0.61-0.670.870.810.440.60.93
-0.22-0.150.090.03-0.27-0.18-0.530.23-0.26-0.150.11-0.280.24-0.23-0.260.00.130.06-0.270.070.350.20.630.60.48
-0.72-0.550.4-0.14-0.39-0.42-0.660.52-0.39-0.69-0.09-0.490.55-0.72-0.39-0.210.360.02-0.54-0.770.890.880.260.930.48
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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(6.2B)(6.5B)
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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