Guaranty Common Stock vs Good Will 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 Good Will 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 Good Will
Common Stock vs Good Will 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 Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Guaranty Trust's Common Stock and Good Will is -0.6. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will 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 Good Will 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 Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Guaranty Trust's Common Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock
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.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.