Voya Accounts Payable vs Short Term Investments Analysis

VOYA Stock

USD 82.42 0.04 0.05%

Voya Financial financial indicator trend analysis is much more than just breaking down Voya Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Voya Financial is a good investment. Please check the relationship between Voya Financial Accounts Payable and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Voya Financial Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Voya Financial's Accounts Payable and Short Term Investments is 0.58. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Voya Financial, assuming nothing else is changed. The correlation between historical values of Voya Financial's Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Voya Financial are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Voya Financial's Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Voya Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Voya Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Voya Financial balance sheet. It contains any investments Voya Financial undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Voya Financial can easily liquidate in the marketplace.

Most indicators from Voya Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Voya Financial 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 Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.At present, Voya Financial's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 11.3 M, whereas Tax Provision is projected to grow to (83.6 M).

	2021	2022	2023	2024 (projected)
Total Revenue	3.2B	5.9B	7.3B	6.8B
Interest Expense	186M	134M	298M	229.2M

Total Revenue Interest Expense

Voya Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		0.62	0.56	0.88	0.91	0.81	-0.61	0.4	0.71	0.2	0.62	0.3	-0.18	0.82	-0.63	0.12	0.66	-0.6	0.76	1.0	0.18	0.7	0.55	0.21	-0.2	0.41
Other Current Liab	0.62		0.88	0.77	0.5	0.79	-0.93	0.61	0.67	-0.14	0.61	-0.18	-0.37	0.77	-0.93	0.72	0.86	-0.99	0.95	0.59	-0.08	0.8	0.8	0.17	-0.43	0.55
Total Current Liabilities	0.56	0.88		0.69	0.4	0.69	-0.78	0.39	0.8	-0.06	0.67	-0.18	-0.39	0.72	-0.8	0.57	0.72	-0.86	0.82	0.53	0.05	0.66	0.62	-0.11	-0.53	0.59
Total Stockholder Equity	0.88	0.77	0.69		0.79	0.98	-0.77	0.39	0.81	0.2	0.76	-0.04	-0.31	0.8	-0.78	0.47	0.85	-0.78	0.88	0.84	0.2	0.88	0.78	0.3	-0.18	0.58
Other Liab	0.91	0.5	0.4	0.79		0.75	-0.48	0.18	0.65	0.15	0.69	0.45	0.09	0.62	-0.49	0.08	0.58	-0.5	0.67	0.92	0.3	0.66	0.61	0.3	0.05	0.5
Net Tangible Assets	0.81	0.79	0.69	0.98	0.75		-0.82	0.42	0.77	0.25	0.72	-0.07	-0.34	0.77	-0.82	0.48	0.86	-0.8	0.91	0.78	0.18	0.87	0.78	0.32	-0.22	0.58
Retained Earnings	-0.61	-0.93	-0.78	-0.77	-0.48	-0.82		-0.61	-0.55	0.05	-0.49	0.26	0.3	-0.81	1.0	-0.63	-0.8	0.91	-0.96	-0.58	0.18	-0.82	-0.68	-0.33	0.49	-0.39
Accounts Payable	0.4	0.61	0.39	0.39	0.18	0.42	-0.61		0.09	-0.04	-0.11	-0.05	-0.52	0.42	-0.6	0.38	0.58	-0.57	0.54	0.39	-0.58	0.34	0.34	0.45	-0.26	-0.23
Cash	0.71	0.67	0.8	0.81	0.65	0.77	-0.55	0.09		0.06	0.86	0.02	-0.39	0.66	-0.58	0.38	0.7	-0.69	0.72	0.69	0.29	0.7	0.69	-0.14	-0.2	0.76
Other Assets	0.2	-0.14	-0.06	0.2	0.15	0.25	0.05	-0.04	0.06		-0.05	0.36	-0.22	0.02	0.07	-0.38	-0.07	0.14	0.01	0.19	0.36	-0.13	-0.13	0.0	-0.09	-0.07
Long Term Debt	0.62	0.61	0.67	0.76	0.69	0.72	-0.49	-0.11	0.86	-0.05		-0.05	0.05	0.54	-0.51	0.5	0.68	-0.64	0.66	0.59	0.5	0.75	0.78	-0.04	0.01	0.94
Net Receivables	0.3	-0.18	-0.18	-0.04	0.45	-0.07	0.26	-0.05	0.02	0.36	-0.05		0.14	-0.11	0.26	-0.56	-0.21	0.19	-0.1	0.34	0.2	-0.31	-0.12	0.0	0.16	-0.1
Good Will	-0.18	-0.37	-0.39	-0.31	0.09	-0.34	0.3	-0.52	-0.39	-0.22	0.05	0.14		-0.27	0.3	-0.19	-0.39	0.4	-0.32	-0.16	0.28	-0.18	-0.2	0.08	0.35	0.07
Common Stock Total Equity	0.82	0.77	0.72	0.8	0.62	0.77	-0.81	0.42	0.66	0.02	0.54	-0.11	-0.27		-0.84	0.28	0.62	-0.74	0.86	0.8	0.11	0.8	0.47	0.04	-0.62	0.38
Retained Earnings Total Equity	-0.63	-0.93	-0.8	-0.78	-0.49	-0.82	1.0	-0.6	-0.58	0.07	-0.51	0.26	0.3	-0.84		-0.61	-0.79	0.91	-0.96	-0.6	0.16	-0.83	-0.67	-0.29	0.51	-0.4
Common Stock Shares Outstanding	0.12	0.72	0.57	0.47	0.08	0.48	-0.63	0.38	0.38	-0.38	0.5	-0.56	-0.19	0.28	-0.61		0.7	-0.76	0.59	0.07	-0.19	0.61	0.79	0.24	0.02	0.53
Short Term Investments	0.66	0.86	0.72	0.85	0.58	0.86	-0.8	0.58	0.7	-0.07	0.68	-0.21	-0.39	0.62	-0.79	0.7		-0.87	0.85	0.63	-0.06	0.83	0.88	0.41	-0.11	0.57
Other Current Assets	-0.6	-0.99	-0.86	-0.78	-0.5	-0.8	0.91	-0.57	-0.69	0.14	-0.64	0.19	0.4	-0.74	0.91	-0.76	-0.87		-0.95	-0.56	0.05	-0.83	-0.85	-0.2	0.38	-0.57
Other Stockholder Equity	0.76	0.95	0.82	0.88	0.67	0.91	-0.96	0.54	0.72	0.01	0.66	-0.1	-0.32	0.86	-0.96	0.59	0.85	-0.95		0.73	0.0	0.89	0.79	0.27	-0.4	0.54
Total Liab	1.0	0.59	0.53	0.84	0.92	0.78	-0.58	0.39	0.69	0.19	0.59	0.34	-0.16	0.8	-0.6	0.07	0.63	-0.56	0.73		0.18	0.67	0.51	0.19	-0.2	0.38
Deferred Long Term Liab	0.18	-0.08	0.05	0.2	0.3	0.18	0.18	-0.58	0.29	0.36	0.5	0.2	0.28	0.11	0.16	-0.19	-0.06	0.05	0.0	0.18		0.16	0.09	-0.32	-0.08	0.5
Long Term Investments	0.7	0.8	0.66	0.88	0.66	0.87	-0.82	0.34	0.7	-0.13	0.75	-0.31	-0.18	0.8	-0.83	0.61	0.83	-0.83	0.89	0.67	0.16		0.82	0.31	-0.22	0.61
Short Long Term Debt	0.55	0.8	0.62	0.78	0.61	0.78	-0.68	0.34	0.69	-0.13	0.78	-0.12	-0.2	0.47	-0.67	0.79	0.88	-0.85	0.79	0.51	0.09	0.82		0.37	0.12	0.72
Total Current Assets	0.21	0.17	-0.11	0.3	0.3	0.32	-0.33	0.45	-0.14	0.0	-0.04	0.0	0.08	0.04	-0.29	0.24	0.41	-0.2	0.27	0.19	-0.32	0.31	0.37		0.32	-0.22
Treasury Stock	-0.2	-0.43	-0.53	-0.18	0.05	-0.22	0.49	-0.26	-0.2	-0.09	0.01	0.16	0.35	-0.62	0.51	0.02	-0.11	0.38	-0.4	-0.2	-0.08	-0.22	0.12	0.32		0.03
Short Term Debt	0.41	0.55	0.59	0.58	0.5	0.58	-0.39	-0.23	0.76	-0.07	0.94	-0.1	0.07	0.38	-0.4	0.53	0.57	-0.57	0.54	0.38	0.5	0.61	0.72	-0.22	0.03

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Voya Financial Account Relationship Matchups

Voya Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	169.1B	180.3B	171.3B	147.7B	145.5B	197.7B
Total Current Liabilities	209.4B	144.1B	1M	141M	(10.2B)	(9.7B)
Total Stockholder Equity	9.4B	10.2B	8.3B	4.5B	4.2B	7.7B
Other Liab	135.3B	147.0B	157.7B	137.5B	158.1B	152.3B
Net Tangible Assets	9.4B	10.1B	8.3B	3.7B	4.2B	4.0B
Noncontrolling Interest In Consolidated Entity	822M	1.1B	1.6B	1.5B	1.7B	1.4B
Retained Earnings	(4.6B)	(4.9B)	(1.3B)	(342M)	505M	530.3M
Cash	1.2B	1.5B	1.4B	919M	1.1B	1.4B
Other Assets	158.9B	79.9B	152.2B	127.3B	2.1B	2.0B
Long Term Debt	3.0B	4.2B	2.6B	2.1B	3.4B	3.8B
Net Receivables	5.2B	4.7B	14.6B	15.3B	12.0B	8.6B
Retained Earnings Total Equity	(4.6B)	(5.0B)	(1.3B)	(342M)	(393.3M)	(413.0M)
Common Stock Shares Outstanding	141M	127.4M	125.8M	110.2M	108.8M	156.2M
Short Term Investments	1.9B	44.8B	1.5B	1.6B	213M	202.4M
Inventory	(3.5B)	(3.1B)	(3.4B)	(3.2B)	(38.7B)	(36.8B)
Other Current Assets	3.5B	3.1B	3.4B	3.2B	3.1B	3.2B
Other Stockholder Equity	10.7B	10.2B	7.5B	6.6B	6.1B	5.8B
Total Liab	158.8B	169.0B	161.4B	141.5B	151.0B	186.4B
Deferred Long Term Liab	111M	107M	104M	100M	115M	96.0M
Long Term Investments	56.4B	60.1B	1.5B	1.6B	32.4B	38.4B
Total Current Assets	8.3B	51.1B	17.6B	17.8B	937M	890.2M
Accumulated Other Comprehensive Income	3.3B	4.9B	2.1B	(1.8B)	(2.4B)	(2.3B)
Treasury Stock	(460M)	(1.0B)	(80M)	(39M)	(35.1M)	(36.9M)
Intangible Assets	2.2B	1.5B	97M	631M	857M	1.6B
Short Long Term Debt Total	3.0B	4.2B	2.8B	2.6B	3.4B	6.3B
Net Debt	1.9B	1.5B	1.2B	1.3B	2.3B	3.1B
Non Current Assets Total	1.9B	49.3B	1.5B	2.6B	142.4B	73.8B
Non Currrent Assets Other	(816M)	(840M)	(875M)	(909M)	136.0B	142.7B
Cash And Short Term Investments	3.1B	46.3B	2.9B	2.5B	937M	890.2M
Liabilities And Stockholders Equity	169.1B	180.3B	171.3B	147.7B	145.5B	154.0B

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When determining whether Voya Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Voya 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 Voya Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voya Financial Stock:

How To Invest In Voya

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Is Voya Stock a good investment?

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What is Voya Financial's Net Worth?

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Largest Diversified Financial Services Companies

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Largest Financial Conglomerates Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Is Diversified Financial Services 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 Voya Financial. If investors know Voya 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 Voya 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

(0.57)

Dividend Share

1.65

Earnings Share

6.41

Revenue Per Share

77.658

Quarterly Revenue Growth

0.073

The market value of Voya Financial is measured differently than its book value, which is the value of Voya that is recorded on the company's balance sheet. Investors also form their own opinion of Voya Financial's value that differs from its market value or its book value, called intrinsic value, which is Voya 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 Voya Financial's market value can be influenced by many factors that don't directly affect Voya 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 Voya Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya 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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Voya Accounts Payable vs Short Term Investments Analysis

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

Correlation Coefficient

Accounts Payable

Short Term Investments

Voya Financial fundamental ratios Correlations

Voya Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Voya Financial fundamental ratios Accounts

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COMPANY

Total Liab	+ 1.0	Total Assets
Retained Earnings Total Equity	+ 1.0	Retained Earnings
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Other Stockholder Equity	+ 0.95	Other Current Liab
Short Term Debt	+ 0.94	Long Term Debt
Total Liab	+ 0.92	Other Liab

Other Current Assets	- 0.99	Other Current Liab
Other Stockholder Equity	- 0.96	Retained Earnings Total Equity
Other Stockholder Equity	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.95	Other Current Assets
Retained Earnings Total Equity	- 0.93	Other Current Liab
Retained Earnings	- 0.93	Other Current Liab