Discover Net Invested Capital vs Short Term Investments Analysis

DFS Stock

USD 179.29 4.38 2.50%

Discover Financial financial indicator trend analysis is much more than just examining Discover Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Discover Financial is a good investment. Please check the relationship between Discover Financial Net Invested Capital and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Discover Financial Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Discover Financial's Net Invested Capital and Short Term Investments is 0.15. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Discover Financial Services, assuming nothing else is changed. The correlation between historical values of Discover Financial's Net Invested Capital and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Discover Financial Services are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Discover Financial's Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Investments

Short Term Investments is an item under the current assets section of Discover Financial balance sheet. It contains any investments Discover Financial Services undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Discover Financial can easily liquidate in the marketplace.

Most indicators from Discover Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Discover 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.

	2023	2024 (projected)
Total Revenue	9.8B	9.1B
Interest Expense	4.7B	5.0B

Total Revenue Interest Expense

Discover Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Inventory	Other Current Assets
Total Assets		0.43	0.93	0.01	0.28	-0.83	0.54	-0.83	0.56	0.05	0.13	-0.57	0.83	0.81	0.06	0.67	0.25	0.14	0.7	0.63	0.46	-0.34	0.86	-0.18	-0.49	-0.32
Short Long Term Debt Total	0.43		0.49	0.39	-0.13	-0.21	-0.03	-0.21	0.24	0.6	0.6	-0.44	0.22	0.23	-0.18	0.54	0.25	0.21	0.86	0.37	0.36	-0.03	0.55	0.13	-0.46	-0.34
Total Stockholder Equity	0.93	0.49		0.2	0.31	-0.7	0.52	-0.74	0.65	0.0	0.02	-0.43	0.67	0.76	0.15	0.56	0.22	0.16	0.69	0.52	0.47	-0.21	0.85	-0.11	-0.52	-0.23
Net Debt	0.01	0.39	0.2		-0.47	0.24	-0.19	0.18	0.33	0.13	0.07	0.12	-0.25	-0.11	0.22	-0.37	0.4	0.49	0.37	-0.23	0.28	0.07	0.24	-0.03	-0.32	-0.07
Other Assets	0.28	-0.13	0.31	-0.47		-0.36	0.02	-0.28	-0.21	-0.12	-0.24	-0.12	0.44	0.24	0.21	0.36	-0.77	-0.7	-0.02	0.44	-0.25	0.28	0.13	0.13	0.16	0.38
Common Stock Shares Outstanding	-0.83	-0.21	-0.7	0.24	-0.36		-0.57	0.95	-0.43	0.21	0.03	0.81	-0.97	-0.91	-0.08	-0.55	-0.14	0.03	-0.47	-0.73	-0.27	0.57	-0.52	0.37	0.23	0.31
Non Current Liabilities Total	0.54	-0.03	0.52	-0.19	0.02	-0.57		-0.74	0.76	-0.52	-0.43	-0.36	0.45	0.79	-0.09	0.21	0.55	0.46	0.08	0.04	0.7	-0.68	0.37	-0.62	-0.56	-0.14
Other Stockholder Equity	-0.83	-0.21	-0.74	0.18	-0.28	0.95	-0.74		-0.62	0.29	0.12	0.75	-0.89	-0.99	-0.14	-0.53	-0.32	-0.16	-0.46	-0.64	-0.43	0.67	-0.61	0.45	0.36	0.32
Total Liab	0.56	0.24	0.65	0.33	-0.21	-0.43	0.76	-0.62		-0.33	-0.28	-0.31	0.28	0.69	0.16	0.13	0.7	0.67	0.37	0.0	0.69	-0.5	0.56	-0.39	-0.61	-0.18
Other Current Liab	0.05	0.6	0.0	0.13	-0.12	0.21	-0.52	0.29	-0.33		0.9	0.08	-0.1	-0.32	-0.41	0.55	-0.07	-0.03	0.59	0.24	0.02	0.43	0.28	0.53	-0.18	-0.13
Total Current Liabilities	0.13	0.6	0.02	0.07	-0.24	0.03	-0.43	0.12	-0.28	0.9		-0.15	0.05	-0.17	-0.34	0.57	0.05	-0.08	0.63	0.32	0.03	0.17	0.28	0.48	-0.17	-0.53
Other Liab	-0.57	-0.44	-0.43	0.12	-0.12	0.81	-0.36	0.75	-0.31	0.08	-0.15		-0.76	-0.71	-0.05	-0.46	-0.19	-0.01	-0.53	-0.63	-0.22	0.61	-0.32	0.37	0.19	0.4
Property Plant And Equipment Net	0.83	0.22	0.67	-0.25	0.44	-0.97	0.45	-0.89	0.28	-0.1	0.05	-0.76		0.83	0.04	0.6	0.03	-0.12	0.49	0.78	0.21	-0.46	0.53	-0.3	-0.2	-0.24
Retained Earnings	0.81	0.23	0.76	-0.11	0.24	-0.91	0.79	-0.99	0.69	-0.32	-0.17	-0.71	0.83		0.13	0.49	0.38	0.24	0.47	0.58	0.51	-0.68	0.63	-0.48	-0.43	-0.3
Accounts Payable	0.06	-0.18	0.15	0.22	0.21	-0.08	-0.09	-0.14	0.16	-0.41	-0.34	-0.05	0.04	0.13		-0.23	-0.18	-0.24	-0.08	0.18	-0.38	-0.08	0.2	0.05	0.39	-0.11
Cash	0.67	0.54	0.56	-0.37	0.36	-0.55	0.21	-0.53	0.13	0.55	0.57	-0.46	0.6	0.49	-0.23		-0.02	-0.11	0.71	0.71	0.24	-0.09	0.67	0.16	-0.33	-0.27
Non Current Assets Total	0.25	0.25	0.22	0.4	-0.77	-0.14	0.55	-0.32	0.7	-0.07	0.05	-0.19	0.03	0.38	-0.18	-0.02		0.92	0.3	-0.14	0.68	-0.62	0.33	-0.46	-0.54	-0.38
Non Currrent Assets Other	0.14	0.21	0.16	0.49	-0.7	0.03	0.46	-0.16	0.67	-0.03	-0.08	-0.01	-0.12	0.24	-0.24	-0.11	0.92		0.23	-0.26	0.67	-0.42	0.27	-0.46	-0.54	-0.02
Long Term Debt	0.7	0.86	0.69	0.37	-0.02	-0.47	0.08	-0.46	0.37	0.59	0.63	-0.53	0.49	0.47	-0.08	0.71	0.3	0.23		0.58	0.45	-0.14	0.79	0.07	-0.55	-0.4
Cash And Short Term Investments	0.63	0.37	0.52	-0.23	0.44	-0.73	0.04	-0.64	0.0	0.24	0.32	-0.63	0.78	0.58	0.18	0.71	-0.14	-0.26	0.58		-0.16	-0.21	0.56	0.02	0.14	-0.24
Net Receivables	0.46	0.36	0.47	0.28	-0.25	-0.27	0.7	-0.43	0.69	0.02	0.03	-0.22	0.21	0.51	-0.38	0.24	0.68	0.67	0.45	-0.16		-0.42	0.46	-0.43	-0.97	-0.16
Good Will	-0.34	-0.03	-0.21	0.07	0.28	0.57	-0.68	0.67	-0.5	0.43	0.17	0.61	-0.46	-0.68	-0.08	-0.09	-0.62	-0.42	-0.14	-0.21	-0.42		-0.18	0.8	0.25	0.43
Common Stock Total Equity	0.86	0.55	0.85	0.24	0.13	-0.52	0.37	-0.61	0.56	0.28	0.28	-0.32	0.53	0.63	0.2	0.67	0.33	0.27	0.79	0.56	0.46	-0.18		0.02	-0.51	-0.32
Short Term Investments	-0.18	0.13	-0.11	-0.03	0.13	0.37	-0.62	0.45	-0.39	0.53	0.48	0.37	-0.3	-0.48	0.05	0.16	-0.46	-0.46	0.07	0.02	-0.43	0.8	0.02		0.25	-0.09
Inventory	-0.49	-0.46	-0.52	-0.32	0.16	0.23	-0.56	0.36	-0.61	-0.18	-0.17	0.19	-0.2	-0.43	0.39	-0.33	-0.54	-0.54	-0.55	0.14	-0.97	0.25	-0.51	0.25		0.17
Other Current Assets	-0.32	-0.34	-0.23	-0.07	0.38	0.31	-0.14	0.32	-0.18	-0.13	-0.53	0.4	-0.24	-0.3	-0.11	-0.27	-0.38	-0.02	-0.4	-0.24	-0.16	0.43	-0.32	-0.09	0.17

Click cells to compare fundamentals

Discover Financial Account Relationship Matchups

Discover Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	114.0B	112.9B	110.2B	131.6B	151.6B	86.8B
Short Long Term Debt Total	30.9B	25.5B	20.2B	23.9B	21.3B	21.3B
Total Stockholder Equity	11.9B	10.9B	13.4B	14.6B	14.8B	10.5B
Net Debt	8.1B	(4.5B)	11.5B	(997M)	9.6B	6.2B
Other Assets	83.5B	70.1B	80.9B	107.6B	87M	82.7M
Common Stock Shares Outstanding	320M	307M	300M	278M	254M	341.1M
Liabilities And Stockholders Equity	114.0B	112.9B	110.2B	131.6B	151.6B	86.8B
Non Current Liabilities Total	25.7B	21.2B	19.0B	117.0B	130.6B	137.1B
Other Stockholder Equity	(9.9B)	(10.2B)	(12.3B)	(14.6B)	(16.5B)	(15.6B)
Total Liab	25.7B	21.2B	96.8B	117.0B	136.8B	143.6B
Other Current Liab	57.6B	66.7B	(1.8B)	19.8B	4.0B	3.8B
Total Current Liabilities	62.9B	70.9B	1.3B	23.6B	6.2B	5.9B
Other Liab	199M	227M	198M	212M	190.8M	181.3M
Property Plant And Equipment Net	1.1B	1.0B	983M	1.0B	1.1B	818.5M
Retained Earnings	21.3B	20.0B	24.8B	28.5B	30.4B	32.0B
Accounts Payable	3.7B	3.9B	72.4B	5.3B	6.1B	11.2B
Cash	17.6B	25.7B	8.8B	21.1B	11.7B	12.6B
Non Current Assets Total	12.1B	13.5B	8.1B	13.5B	148.1B	155.5B
Non Currrent Assets Other	(933M)	(2.2B)	(1.9B)	(2.1B)	136.1B	142.9B
Long Term Debt	25.7B	21.2B	19.0B	20.1B	20.6B	17.4B
Cash And Short Term Investments	18.4B	28.4B	20.3B	10.6B	11.7B	11.1B
Net Receivables	92.5B	944M	914M	104.7B	120.5B	126.5B
Short Term Investments	875M	2.7B	2.0B	1.7B	(3.0B)	(2.8B)
Inventory	(94.6B)	(2.1B)	(4.7B)	(107.5B)	(96.7B)	(91.9B)
Other Current Assets	2.0B	2.1B	4.7B	2.8B	3.5B	4.5B
Property Plant And Equipment Gross	1.1B	1.0B	2.8B	2.9B	3.1B	3.3B
Total Current Assets	18.4B	29.3B	21.2B	10.6B	3.5B	3.3B
Accumulated Other Comprehensive Income	(119M)	45M	(94M)	(339M)	(225M)	(213.8M)
Short Term Debt	5.2B	4.2B	1.8B	3.8B	2.2B	2.1B
Intangible Assets	161M	155M	95M	255M	703M	738.2M
Property Plant Equipment	1.1B	1.0B	983M	1.0B	1.2B	734.0M
Treasury Stock	(14.1B)	(14.4B)	(16.7B)	(19.1B)	(17.1B)	(16.3B)
Retained Earnings Total Equity	21.3B	20.0B	24.8B	28.5B	32.7B	34.4B
Deferred Long Term Liab	32M	23M	24M	33M	36.8M	19.3M
Net Tangible Assets	10.9B	9.5B	13.2B	13.3B	15.3B	11.1B
Long Term Debt Total	25.7B	21.2B	18.5B	20.1B	23.1B	24.7B

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 Discover Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC