Truist Net Income vs Other Non Cash Items Analysis

TFC Stock

USD 46.81 0.63 1.36%

Truist Financial financial indicator trend analysis is much more than just breaking down Truist Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Truist Financial Corp is a good investment. Please check the relationship between Truist Financial Net Income and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist 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 census.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Truist Financial Corp Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.

The correlation between Truist Financial's Net Income and Other Non Cash Items is -0.73. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Truist Financial Corp, assuming nothing else is changed. The correlation between historical values of Truist Financial's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Truist Financial Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Truist Financial's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Truist Financial Corp financial statement analysis. It represents the amount of money remaining after all of Truist Financial Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from Truist Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Truist 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 Truist 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 census.

At present, Truist Financial's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 62.6 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.26.

	2021	2022	2023	2024 (projected)
Gross Profit	23.1B	22.3B	23.4B	24.6B
Total Revenue	23.1B	22.3B	23.4B	24.6B

Gross Profit Total Revenue

Truist Financial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Good Will	Short Term Investments	Other Current Assets	Intangible Assets
Common Stock Shares Outstanding		0.93	0.85	-0.2	0.53	0.89	0.87	0.56	0.92	0.83	0.65	0.42	0.68	0.62	0.65	0.85	0.93	-0.02	0.6	0.79	0.7	0.81	0.78	0.45	-0.49	0.86
Total Assets	0.93		0.94	-0.34	0.55	0.98	0.9	0.61	0.92	0.94	0.67	0.42	0.66	0.69	0.68	0.98	1.0	-0.22	0.75	0.87	0.88	0.9	0.9	0.52	-0.68	0.98
Short Long Term Debt Total	0.85	0.94		-0.32	0.61	0.9	0.89	0.75	0.91	0.9	0.64	0.44	0.76	0.49	0.76	0.92	0.95	-0.32	0.9	0.81	0.95	0.83	0.82	0.3	-0.66	0.95
Other Current Liab	-0.2	-0.34	-0.32		-0.3	-0.29	-0.34	-0.01	-0.08	-0.46	-0.34	-0.28	-0.04	-0.24	-0.31	-0.41	-0.35	0.46	-0.35	-0.26	-0.41	-0.25	-0.27	-0.19	0.51	-0.38
Total Current Liabilities	0.53	0.55	0.61	-0.3		0.43	0.84	0.08	0.47	0.77	0.95	0.96	0.79	-0.16	0.84	0.56	0.57	-0.57	0.73	0.31	0.61	0.26	0.2	-0.35	-0.21	0.59
Total Stockholder Equity	0.89	0.98	0.9	-0.29	0.43		0.84	0.63	0.9	0.88	0.59	0.32	0.54	0.78	0.52	0.97	0.97	-0.08	0.65	0.89	0.85	0.93	0.93	0.63	-0.63	0.94
Property Plant And Equipment Net	0.87	0.9	0.89	-0.34	0.84	0.84		0.43	0.82	0.96	0.91	0.76	0.8	0.36	0.79	0.89	0.91	-0.32	0.79	0.71	0.84	0.7	0.65	0.16	-0.45	0.88
Net Debt	0.56	0.61	0.75	-0.01	0.08	0.63	0.43		0.74	0.41	0.05	-0.13	0.45	0.43	0.36	0.55	0.61	0.03	0.63	0.73	0.66	0.75	0.71	0.31	-0.48	0.6
Retained Earnings	0.92	0.92	0.91	-0.08	0.47	0.9	0.82	0.74		0.79	0.55	0.31	0.71	0.6	0.63	0.84	0.92	-0.03	0.71	0.81	0.77	0.84	0.83	0.43	-0.51	0.89
Cash	0.83	0.94	0.9	-0.46	0.77	0.88	0.96	0.41	0.79		0.84	0.66	0.73	0.49	0.81	0.95	0.94	-0.46	0.82	0.75	0.9	0.75	0.75	0.3	-0.66	0.95
Non Current Assets Total	0.65	0.67	0.64	-0.34	0.95	0.59	0.91	0.05	0.55	0.84		0.95	0.7	0.09	0.73	0.68	0.68	-0.4	0.62	0.44	0.62	0.4	0.34	-0.1	-0.21	0.66
Non Currrent Assets Other	0.42	0.42	0.44	-0.28	0.96	0.32	0.76	-0.13	0.31	0.66	0.95		0.65	-0.22	0.67	0.44	0.43	-0.45	0.53	0.18	0.44	0.13	0.05	-0.38	-0.01	0.43
Other Assets	0.68	0.66	0.76	-0.04	0.79	0.54	0.8	0.45	0.71	0.73	0.7	0.65		0.0	0.86	0.6	0.67	-0.4	0.81	0.46	0.69	0.45	0.4	-0.2	-0.33	0.67
Cash And Short Term Investments	0.62	0.69	0.49	-0.24	-0.16	0.78	0.36	0.43	0.6	0.49	0.09	-0.22	0.0		0.02	0.69	0.68	0.24	0.13	0.74	0.44	0.8	0.85	0.97	-0.58	0.63
Non Current Liabilities Total	0.65	0.68	0.76	-0.31	0.84	0.52	0.79	0.36	0.63	0.81	0.73	0.67	0.86	0.02		0.66	0.7	-0.7	0.89	0.45	0.73	0.42	0.43	-0.16	-0.59	0.76
Other Stockholder Equity	0.85	0.98	0.92	-0.41	0.56	0.97	0.89	0.55	0.84	0.95	0.68	0.44	0.6	0.69	0.66		0.98	-0.31	0.75	0.86	0.92	0.88	0.89	0.53	-0.73	0.98
Total Liab	0.93	1.0	0.95	-0.35	0.57	0.97	0.91	0.61	0.92	0.94	0.68	0.43	0.67	0.68	0.7	0.98		-0.23	0.76	0.86	0.88	0.89	0.89	0.5	-0.68	0.98
Total Current Assets	-0.02	-0.22	-0.32	0.46	-0.57	-0.08	-0.32	0.03	-0.03	-0.46	-0.4	-0.45	-0.4	0.24	-0.7	-0.31	-0.23		-0.64	-0.05	-0.49	-0.01	-0.08	0.31	0.6	-0.38
Short Term Debt	0.6	0.75	0.9	-0.35	0.73	0.65	0.79	0.63	0.71	0.82	0.62	0.53	0.81	0.13	0.89	0.75	0.76	-0.64		0.58	0.91	0.58	0.57	-0.06	-0.65	0.82
Common Stock Total Equity	0.79	0.87	0.81	-0.26	0.31	0.89	0.71	0.73	0.81	0.75	0.44	0.18	0.46	0.74	0.45	0.86	0.86	-0.05	0.58		0.77	0.99	0.95	0.6	-0.63	0.83
Property Plant And Equipment Gross	0.7	0.88	0.95	-0.41	0.61	0.85	0.84	0.66	0.77	0.9	0.62	0.44	0.69	0.44	0.73	0.92	0.88	-0.49	0.91	0.77		0.78	0.78	0.26	-0.73	0.92
Common Stock	0.81	0.9	0.83	-0.25	0.26	0.93	0.7	0.75	0.84	0.75	0.4	0.13	0.45	0.8	0.42	0.88	0.89	-0.01	0.58	0.99	0.78		0.98	0.67	-0.65	0.85
Good Will	0.78	0.9	0.82	-0.27	0.2	0.93	0.65	0.71	0.83	0.75	0.34	0.05	0.4	0.85	0.43	0.89	0.89	-0.08	0.57	0.95	0.78	0.98		0.74	-0.75	0.88
Short Term Investments	0.45	0.52	0.3	-0.19	-0.35	0.63	0.16	0.31	0.43	0.3	-0.1	-0.38	-0.2	0.97	-0.16	0.53	0.5	0.31	-0.06	0.6	0.26	0.67	0.74		-0.5	0.45
Other Current Assets	-0.49	-0.68	-0.66	0.51	-0.21	-0.63	-0.45	-0.48	-0.51	-0.66	-0.21	-0.01	-0.33	-0.58	-0.59	-0.73	-0.68	0.6	-0.65	-0.63	-0.73	-0.65	-0.75	-0.5		-0.77
Intangible Assets	0.86	0.98	0.95	-0.38	0.59	0.94	0.88	0.6	0.89	0.95	0.66	0.43	0.67	0.63	0.76	0.98	0.98	-0.38	0.82	0.83	0.92	0.85	0.88	0.45	-0.77

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Truist Financial Account Relationship Matchups

Truist Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	815.2M	1.4B	1.3B	1.3B	1.3B	1.4B
Total Assets	473.1B	509.2B	541.2B	555.3B	535.3B	562.1B
Short Long Term Debt Total	59.6B	45.7B	41.2B	66.6B	59.7B	62.7B
Other Current Liab	(18.2B)	(4.4B)	(2.5B)	13.6B	(20.8B)	(19.7B)
Total Current Liabilities	18.2B	6.1B	5.3B	23.4B	132.4B	139.1B
Total Stockholder Equity	66.4B	70.8B	69.3B	60.5B	59.1B	62.1B
Property Plant And Equipment Net	3.7B	3.9B	3.7B	3.6B	6.1B	6.4B
Net Debt	40.5B	26.8B	20.9B	45.2B	29.1B	17.3B
Retained Earnings	19.8B	19.5B	23.0B	26.3B	22.1B	23.2B
Cash	19.1B	18.9B	20.3B	21.4B	30.6B	32.2B
Non Current Assets Total	114.1B	158.0B	194.9B	34.3B	504.7B	529.9B
Non Currrent Assets Other	844M	(716M)	1.6B	(124.6B)	471.2B	494.7B
Other Assets	259.1B	206.3B	162.6B	499.5B	574.5B	603.2B
Cash And Short Term Investments	93.8B	139.7B	173.4B	93.2B	30.6B	28.7B
Liabilities And Stockholders Equity	473.1B	509.2B	541.2B	555.3B	535.3B	562.1B
Non Current Liabilities Total	41.3B	39.6B	35.9B	471.3B	476.1B	499.9B
Other Stockholder Equity	35.6B	35.8B	34.6B	34.5B	36.2B	38.0B
Total Liab	406.5B	438.3B	472.0B	494.7B	476.1B	499.9B
Total Current Assets	99.9B	144.9B	183.8B	21.4B	30.6B	29.1B
Short Term Debt	18.2B	4.4B	2.5B	23.4B	20.8B	21.8B
Accumulated Other Comprehensive Income	(844M)	716M	(1.6B)	(13.6B)	(12.5B)	(11.9B)
Common Stock Total Equity	3.8B	6.7B	6.7B	6.6B	7.6B	3.9B
Property Plant And Equipment Gross	10.5B	7.0B	3.7B	9.4B	8.8B	9.2B
Common Stock	6.7B	6.7B	6.6B	6.6B	6.7B	4.2B
Good Will	24.2B	24.4B	26.1B	27.0B	20.9B	12.0B
Short Term Investments	74.7B	120.8B	153.1B	71.8B	3.6B	3.4B
Other Current Assets	31.8B	34.2B	39.9B	(71.8B)	50.1B	62.1B
Intangible Assets	5.8B	5.0B	6.0B	7.4B	6.5B	6.9B
Accounts Payable	334.7B	381.1B	416.5B	413.5B	475.5B	499.3B
Net Receivables	6.1B	5.2B	10.3B	11.8B	13.0B	13.6B
Inventory	(31.8B)	(34.2B)	(39.9B)	(11.8B)	(7.9B)	(8.3B)
Net Tangible Assets	34.0B	35.3B	33.1B	23.2B	26.6B	22.9B
Noncontrolling Interest In Consolidated Entity	47M	56M	174M	105M	120.8M	81.2M
Long Term Debt	41.3B	39.6B	35.9B	43.2B	38.9B	32.6B
Retained Earnings Total Equity	18.1B	19.8B	19.5B	23.0B	26.4B	17.4B
Long Term Debt Total	41.3B	39.6B	35.9B	43.2B	49.7B	31.7B
Capital Surpluse	35.6B	35.8B	34.6B	34.5B	39.7B	41.7B
Long Term Investments	298.3B	300.0B	159.0B	134.4B	124.6B	189.8B
Non Current Liabilities Other	5.4B	12.2B	11.6B	14.3B	16.4B	9.1B

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When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:

How To Invest In Truist

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Is Truist Stock a good investment?

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What is Truist Financial's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist 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 census.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.239

Dividend Share

2.08

Earnings Share

(4.81)

Revenue Per Share

10.857

Quarterly Revenue Growth

0.061

The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Truist Net Income vs Other Non Cash Items Analysis

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Net Income

Other Non Cash Items

Truist Financial fundamental ratios Correlations

Truist Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Truist Financial fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 0.99	Common Stock Total Equity
Total Stockholder Equity	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Other Stockholder Equity

Intangible Assets	- 0.77	Other Current Assets
Other Current Assets	- 0.75	Good Will
Other Current Assets	- 0.73	Property Plant And Equipment Gross
Other Current Assets	- 0.73	Other Stockholder Equity
Total Current Assets	- 0.7	Non Current Liabilities Total
Other Current Assets	- 0.68	Total Liab