Guaranty Intangible Assets vs Property Plant Equipment 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 Intangible Assets and its Property Plant Equipment 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.
Intangible Assets vs Property Plant Equipment
Intangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guaranty Trust Holding Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guaranty Trust's Intangible Assets and Property Plant Equipment is 0.41. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment 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 Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Guaranty Trust Holding are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Guaranty Trust's Intangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Property Plant Equipment
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
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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.