Guaranty Common Stock vs Accounts Payable Analysis
GTCO Stock | 1.85 0.07 3.93% |
Guaranty Trust financial indicator trend analysis is much more than just examining Guaranty Trust Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guaranty Trust Holding is a good investment. Please check the relationship between Guaranty Trust Common Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. 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.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guaranty Trust Holding Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guaranty Trust's Common Stock and Accounts Payable is 0.7. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Guaranty Trust Holding, assuming nothing else is changed. The correlation between historical values of Guaranty Trust's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Guaranty Trust Holding are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Guaranty Trust's Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents Guaranty Trust obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Guaranty Trust Holding are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Guaranty Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guaranty Trust Holding 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Trust Holding. 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. The value of Discontinued Operations is estimated to slide to about (15.5 M). The value of Tax Provision is estimated to slide to about 54.4 B
2021 | 2022 | 2023 | 2024 (projected) | Tax Provision | 46.7B | 45.0B | 69.7B | 54.4B | Income Tax Expense | 46.7B | 45.0B | 51.7B | 41.0B |
Guaranty Trust fundamental ratios Correlations
Click cells to compare fundamentals
Guaranty Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guaranty Trust fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 44.6B | 83.1B | 119.3B | 278.9B | 320.7B | 336.7B | |
Total Current Liabilities | 2.8T | 3.8T | 4.4T | 5.0T | 5.8T | 3.8T | |
Other Liab | 182.8B | 273.4B | 119.1B | 443.1B | 509.6B | 535.1B | |
Net Tangible Assets | 653.4B | 778.7B | 844.8B | 882.6B | 1.0T | 788.3B | |
Retained Earnings | 526.6B | 642.4B | 710.1B | 765.4B | 580.0B | 644.0B | |
Accounts Payable | 2.7T | 3.6T | 4.2T | 4.7T | 102.2B | 97.0B | |
Other Assets | 1.5T | 1.7T | 1.9T | 2.0T | 2.3T | 1.8T | |
Net Receivables | 22.8B | 83.0B | 77.1B | 70.9B | 81.6B | 69.0B | |
Inventory | 11.0B | 14.9B | 2.4B | 3.5B | 3.2B | 3.0B | |
Other Current Assets | 517.5B | 1.1T | 1.1T | 1.2T | 1.4T | 889.3B | |
Other Stockholder Equity | 15.4B | 24.9B | 24.2B | 16.6B | 19.1B | 20.9B | |
Total Current Assets | 1.3T | 2.0T | 2.2T | 3.0T | 3.5T | 2.0T | |
Property Plant Equipment | 165.4B | 175.2B | 204.0B | 197.9B | 227.5B | 174.7B |
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Balance Sheet is a snapshot of the financial position of Guaranty Trust Holding at a specified time, usually calculated after every quarter, six months, or one year. Guaranty Trust Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guaranty Trust and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Guaranty currently owns. An asset can also be divided into two categories, current and non-current.