| TRST Stock | | | USD 37.24 0.32 0.85% |
TrustCo Bank financial indicator trend analysis is much more than just breaking down TrustCo Bank Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TrustCo Bank Corp is a good investment. Please check the relationship between TrustCo Bank Short Long Term Debt and its Total Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TrustCo Bank 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 state.
Short Long Term Debt vs Total Assets
Short Long Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TrustCo Bank Corp Short Long Term Debt account and
Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between TrustCo Bank's Short Long Term Debt and Total Assets is -0.09. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of TrustCo Bank Corp, assuming nothing else is changed. The correlation between historical values of TrustCo Bank's Short Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of TrustCo Bank Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt i.e., TrustCo Bank's Short Long Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Total Assets
Total assets refers to the total amount of TrustCo Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in TrustCo Bank Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from TrustCo Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TrustCo Bank 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 TrustCo Bank 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 state.
At this time, TrustCo Bank's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 12.17 in 2024, whereas
Selling General Administrative is likely to drop slightly above 34.9
M in 2024.
TrustCo Bank fundamental ratios Correlations
Click cells to compare fundamentals
TrustCo Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TrustCo Bank fundamental ratios Accounts
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Additional Tools for TrustCo Stock Analysis
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measure TrustCo Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to
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