Synovus Ebit vs Total Revenue Analysis

SNV Stock  USD 57.62  1.60  2.86%   
Synovus Financial financial indicator trend analysis is much more than just breaking down Synovus Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synovus Financial Corp is a good investment. Please check the relationship between Synovus Financial Ebit and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. 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.

Ebit vs Total Revenue

Ebit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synovus Financial Corp Ebit account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Synovus Financial's Ebit and Total Revenue is 0.65. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Synovus Financial Corp, assuming nothing else is changed. The correlation between historical values of Synovus Financial's Ebit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Synovus Financial Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit i.e., Synovus Financial's Ebit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Total Revenue

Total revenue comprises all receipts Synovus Financial Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Synovus Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synovus Financial Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. 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.
Selling General Administrative is likely to drop to about 37.9 M in 2024. Tax Provision is likely to drop to about 187.3 M in 2024
 2021 2022 2023 2024 (projected)
EBITDA1.1B1.0B2.7B2.8B
EBIT944.9M982.8M2.6B2.8B

Synovus Financial fundamental ratios Correlations

0.520.490.080.110.860.580.110.53-0.08-0.060.430.45-0.130.510.260.240.150.770.3-0.09-0.090.240.610.410.42
0.520.13-0.34-0.270.810.55-0.120.590.59-0.54-0.060.960.541.0-0.25-0.390.850.860.93-0.35-0.350.650.880.280.98
0.490.130.070.120.210.040.71-0.2-0.27-0.180.540.02-0.230.130.050.460.020.440.01-0.28-0.29-0.340.060.810.03
0.08-0.340.070.76-0.250.410.1-0.270.080.2-0.14-0.420.14-0.350.890.42-0.39-0.08-0.410.260.27-0.64-0.4-0.09-0.42
0.11-0.270.120.76-0.20.450.04-0.210.170.17-0.26-0.340.23-0.280.680.55-0.410.04-0.270.390.39-0.59-0.36-0.03-0.33
0.860.810.21-0.25-0.20.61-0.130.750.22-0.250.180.780.140.8-0.07-0.120.50.830.65-0.23-0.220.620.890.220.76
0.580.550.040.410.450.61-0.10.390.64-0.23-0.360.450.630.540.360.120.340.640.460.020.030.10.54-0.040.46
0.11-0.120.710.10.04-0.13-0.1-0.68-0.24-0.220.37-0.26-0.16-0.11-0.060.280.00.0-0.14-0.14-0.15-0.62-0.160.72-0.19
0.530.59-0.2-0.27-0.210.750.39-0.680.150.010.040.650.070.59-0.1-0.180.270.540.480.010.010.790.69-0.140.59
-0.080.59-0.270.080.170.220.64-0.240.15-0.54-0.760.580.990.6-0.04-0.330.680.40.69-0.16-0.150.250.39-0.210.6
-0.06-0.54-0.180.20.17-0.25-0.23-0.220.01-0.540.31-0.61-0.57-0.550.350.43-0.82-0.33-0.610.430.42-0.23-0.45-0.43-0.53
0.43-0.060.54-0.14-0.260.18-0.360.370.04-0.760.31-0.13-0.77-0.060.030.13-0.260.12-0.25-0.14-0.15-0.020.060.53-0.1
0.450.960.02-0.42-0.340.780.45-0.260.650.58-0.61-0.130.510.96-0.31-0.480.870.780.93-0.37-0.370.770.880.190.97
-0.130.54-0.230.140.230.140.63-0.160.070.99-0.57-0.770.510.54-0.03-0.280.660.350.65-0.13-0.120.140.33-0.150.54
0.511.00.13-0.35-0.280.80.54-0.110.590.6-0.55-0.060.960.54-0.26-0.40.850.850.93-0.36-0.360.650.880.290.98
0.26-0.250.050.890.68-0.070.36-0.06-0.1-0.040.350.03-0.31-0.03-0.260.36-0.440.09-0.410.20.2-0.46-0.34-0.17-0.34
0.24-0.390.460.420.55-0.120.120.28-0.18-0.330.430.13-0.48-0.28-0.40.36-0.64-0.01-0.420.580.58-0.59-0.440.17-0.46
0.150.850.02-0.39-0.410.50.340.00.270.68-0.82-0.260.870.660.85-0.44-0.640.550.89-0.55-0.550.570.750.240.87
0.770.860.44-0.080.040.830.640.00.540.4-0.330.120.780.350.850.09-0.010.550.68-0.3-0.30.40.710.380.77
0.30.930.01-0.41-0.270.650.46-0.140.480.69-0.61-0.250.930.650.93-0.41-0.420.890.68-0.28-0.270.650.820.210.97
-0.09-0.35-0.280.260.39-0.230.02-0.140.01-0.160.43-0.14-0.37-0.13-0.360.20.58-0.55-0.3-0.281.0-0.31-0.41-0.15-0.35
-0.09-0.35-0.290.270.39-0.220.03-0.150.01-0.150.42-0.15-0.37-0.12-0.360.20.58-0.55-0.3-0.271.0-0.31-0.4-0.15-0.34
0.240.65-0.34-0.64-0.590.620.1-0.620.790.25-0.23-0.020.770.140.65-0.46-0.590.570.40.65-0.31-0.310.75-0.220.73
0.610.880.06-0.4-0.360.890.54-0.160.690.39-0.450.060.880.330.88-0.34-0.440.750.710.82-0.41-0.40.750.190.88
0.410.280.81-0.09-0.030.22-0.040.72-0.14-0.21-0.430.530.19-0.150.29-0.170.170.240.380.21-0.15-0.15-0.220.190.2
0.420.980.03-0.42-0.330.760.46-0.190.590.6-0.53-0.10.970.540.98-0.34-0.460.870.770.97-0.35-0.340.730.880.2
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Synovus Financial Account Relationship Matchups

Synovus Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding156.1M148.2M148.5M146.5M146.7M77.9M
Total Assets48.2B54.4B57.3B59.7B59.8B62.8B
Short Long Term Debt Total3.9B1.2B1.2B4.7B1.2B1.7B
Other Current Liab(1.8B)(7.7M)(197K)(600.0M)22.6B11.9B
Total Current Liabilities1.8B7.7M197K603.4M22.9B14.6B
Total Stockholder Equity4.9B5.2B5.3B4.5B5.1B2.8B
Property Plant And Equipment Net493.9M464.0M407.2M370.6M838.9M498.7M
Net Debt2.8B(2.9B)(1.7B)2.8B(289.0M)(274.5M)
Cash1.1B4.1B2.9B1.9B2.4B1.3B
Non Current Assets Total7.8B8.9B11.8B(479.5M)60.9B63.9B
Non Currrent Assets Other(272.0M)(368.2M)(325.0M)(11.8B)(11.9B)(11.3B)
Other Assets32.3B33.1B31.4B59.7B(18.7B)(17.8B)
Cash And Short Term Investments7.9B12.1B13.9B11.6B12.2B12.8B
Liabilities And Stockholders Equity48.2B54.4B57.3B59.7B59.8B62.8B
Non Current Liabilities Total2.2B1.2B1.2B644.5M54.7B57.4B
Total Liab43.3B49.2B52.0B55.3B54.7B57.4B
Total Current Assets8.1B12.4B14.1B517.2M17.7B15.3B
Short Term Debt1.8B7.7M197K600.0M300.9M285.9M
Retained Earnings1.1B1.2B1.7B2.2B2.5B2.6B
Other Stockholder Equity3.1B3.1B3.0B3.0B3.0B3.2B
Accumulated Other Comprehensive Income65.6M158.6M(82.3M)(1.4B)(1.1B)(1.1B)
Property Plant And Equipment Gross868.7M844.3M1.4B1.3B1.4B1.5B
Common Stock Total Equity166.8M168.1M169.4M170.1M153.1M277.9M
Common Stock166.8M168.1M169.4M170.1M171.4M272.3M
Other Liab357.4M1.1B1.1B534.9M615.1M455.3M
Accounts Payable38.4B46.7B49.4B48.9B56.2B28.3B
Long Term Debt2.2B1.2B1.2B4.1B1.2B1.8B
Short Term Investments6.8B8.0B10.9B9.7B9.8B10.3B
Inventory(1.5B)(4.6B)(3.3B)(394.0M)(1.2B)(1.1B)
Treasury Stock(1.0B)(715.6M)(731.8M)(931.5M)(838.3M)(796.4M)
Intangible Assets55.7M45.1M35.6M27.1M45.9M43.6M
Property Plant Equipment868.7M464.0M407.2M370.6M333.6M451.9M
Other Current Assets1.5B4.6B3.3B(11.1B)5.5B5.2B
Net Receivables234.9M281.7M242.3M394.0M499.3M524.3M
Net Tangible Assets3.9B4.1B4.3B3.5B4.0B3.4B
Retained Earnings Total Equity1.1B1.2B1.7B2.2B2.6B2.7B
Long Term Debt Total2.2B1.2B1.2B4.1B4.7B5.0B

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