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 Selling General Administrative and its Cost Of 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.
Selling General Administrative vs Cost Of Revenue
Selling General Administrative vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Synovus Financial Corp Selling General Administrative account and
Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Synovus Financial's Selling General Administrative and Cost Of Revenue is -0.25. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Cost Of 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 Selling General Administrative and Cost Of 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 Selling General Administrative of Synovus Financial Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Selling General Administrative i.e., Synovus Financial's Selling General Administrative and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Cost Of Revenue
Cost of Revenue is found on Synovus Financial Corp income statement and represents the costs associated with goods and services Synovus Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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) |
EBITDA | 1.1B | 1.0B | 2.7B | 2.8B | EBIT | 944.9M | 982.8M | 2.6B | 2.8B |
Synovus Financial fundamental ratios Correlations
Click cells to compare fundamentals
Synovus Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synovus Financial fundamental ratios Accounts
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Additional Tools for Synovus Stock Analysis
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