Sydbank Retained Earnings vs Common Stock Analysis

0MGE Stock   351.60  1.00  0.28%   
Sydbank financial indicator trend analysis is much more than just breaking down Sydbank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sydbank is a good investment. Please check the relationship between Sydbank Retained Earnings and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sydbank. 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.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sydbank Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sydbank's Retained Earnings and Common Stock is -0.69. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Sydbank, assuming nothing else is changed. The correlation between historical values of Sydbank's Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Sydbank are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Sydbank's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

Most indicators from Sydbank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sydbank 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 Sydbank. 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.
Tax Provision is likely to gain to about 245 M in 2024
 2019 2020 2023 2024 (projected)
Net Interest Income1.7B1.6B1.5B1.5B
Tax Provision228M222M199.8M245.0M

Sydbank fundamental ratios Correlations

0.90.930.890.730.91.00.92-0.830.870.9-0.680.960.660.930.960.850.81-0.850.820.96
0.90.770.690.871.00.910.87-0.860.890.96-0.780.890.780.80.870.680.91-0.80.620.93
0.930.770.930.660.770.930.8-0.840.90.85-0.650.950.60.970.950.850.74-0.830.950.91
0.890.690.930.50.690.880.81-0.690.770.73-0.540.910.350.960.930.940.59-0.880.90.86
0.730.870.660.50.870.730.64-0.880.90.93-0.790.790.730.720.770.560.87-0.740.580.82
0.91.00.770.690.870.910.87-0.860.890.96-0.780.890.780.80.870.680.91-0.80.620.93
1.00.910.930.880.730.910.93-0.820.870.9-0.670.960.660.930.950.850.81-0.840.810.96
0.920.870.80.810.640.870.93-0.680.750.83-0.490.870.540.820.860.860.67-0.760.60.92
-0.83-0.86-0.84-0.69-0.88-0.86-0.82-0.68-0.96-0.930.87-0.9-0.84-0.85-0.88-0.64-0.960.83-0.78-0.9
0.870.890.90.770.90.890.870.75-0.960.97-0.830.930.760.90.920.730.9-0.860.820.93
0.90.960.850.730.930.960.90.83-0.930.97-0.780.930.770.860.910.730.91-0.830.720.95
-0.68-0.78-0.65-0.54-0.79-0.78-0.67-0.490.87-0.83-0.78-0.72-0.77-0.7-0.71-0.44-0.910.8-0.66-0.73
0.960.890.950.910.790.890.960.87-0.90.930.93-0.720.630.981.00.890.84-0.920.870.98
0.660.780.60.350.730.780.660.54-0.840.760.77-0.770.630.520.590.250.89-0.470.470.69
0.930.80.970.960.720.80.930.82-0.850.90.86-0.70.980.520.990.920.75-0.940.930.94
0.960.870.950.930.770.870.950.86-0.880.920.91-0.711.00.590.990.910.81-0.930.880.97
0.850.680.850.940.560.680.850.86-0.640.730.73-0.440.890.250.920.910.53-0.880.780.86
0.810.910.740.590.870.910.810.67-0.960.90.91-0.910.840.890.750.810.53-0.780.650.87
-0.85-0.8-0.83-0.88-0.74-0.8-0.84-0.760.83-0.86-0.830.8-0.92-0.47-0.94-0.93-0.88-0.78-0.82-0.9
0.820.620.950.90.580.620.810.6-0.780.820.72-0.660.870.470.930.880.780.65-0.820.78
0.960.930.910.860.820.930.960.92-0.90.930.95-0.730.980.690.940.970.860.87-0.90.78
Click cells to compare fundamentals

Sydbank Account Relationship Matchups

Sydbank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets138.5B140.5B147.7B165.8B190.7B162.6B
Short Long Term Debt Total5.6B5.6B9.3B11.4B13.1B8.3B
Total Stockholder Equity11.9B11.7B11.7B12.5B14.3B13.1B
Retained Earnings10.2B11.0B11.7B12.5B14.3B12.2B
Other Assets79.6B80.0B89.2B94.5B108.7B66.1B
Long Term Debt5.6B5.6B9.3B11.4B13.1B8.3B
Total Liab126.6B128.8B136.0B153.3B176.3B149.5B
Intangible Assets281M259M239M445M511.8M335.9M
Common Stock677M618M597M584M525.6M514.2M
Property Plant Equipment1.2B1.3B1.3B1.3B1.5B1.3B
Earning Assets35.5B37.5B40.5B45.4B52.2B42.2B
Other Current Liab544M804M535M648M583.2M542.6M
Total Current Liabilities113.4B128.6B127.2B140.6B161.7B136.0B
Other Liab12.3B13.3B12.6B10.4B12.0B12.9B
Net Tangible Assets11.5B12.0B12.8B13.6B15.6B13.5B
Accounts Payable99.9B112.2B112.7B127.0B146.0B120.6B
Net Receivables8.8B14.8B17.4B22.8B26.2B17.0B
Other Current Assets2.0B2.2B1.5B1.0B901.8M1.4B
Other Stockholder Equity880M863M891M903M1.0B969.1M
Total Current Assets32.1B44.7B45.8B49.5B56.9B44.5B

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Additional Tools for Sydbank Stock Analysis

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