Fifth Property Plant Equipment vs Short Term Investments Analysis

FITB Stock  USD 38.56  0.04  0.10%   
Fifth Third financial indicator trend analysis is much more than just examining Fifth Third Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fifth Third Bancorp is a good investment. Please check the relationship between Fifth Third Property Plant Equipment and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Property Plant Equipment vs Short Term Investments

Property Plant Equipment vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fifth Third Bancorp Property Plant Equipment account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Fifth Third's Property Plant Equipment and Short Term Investments is 0.06. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Fifth Third Bancorp, assuming nothing else is changed. The correlation between historical values of Fifth Third's Property Plant Equipment 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 Property Plant Equipment of Fifth Third Bancorp 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 Property Plant Equipment i.e., Fifth Third's Property Plant Equipment and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Short Term Investments

Short Term Investments is an item under the current assets section of Fifth Third balance sheet. It contains any investments Fifth Third Bancorp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Fifth Third Bancorp can easily liquidate in the marketplace.
Most indicators from Fifth Third's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fifth Third Bancorp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At present, Fifth Third's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 88.39, whereas Selling General Administrative is forecasted to decline to about 1.5 B.
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.3B4.2B9.6B10.1B
Interest Expense441M978M989M1.0B

Fifth Third fundamental ratios Correlations

0.30.57-0.22-0.170.520.90.530.080.68-0.12-0.270.360.170.56-0.120.380.280.090.170.190.810.810.620.00.28
0.30.680.350.480.760.550.630.960.740.760.280.190.390.60.54-0.671.00.510.40.710.720.72-0.060.060.68
0.570.680.110.140.760.790.990.630.760.320.030.360.340.60.23-0.360.670.420.330.420.880.88-0.16-0.280.88
-0.220.350.110.71-0.03-0.10.120.490.010.670.770.57-0.390.470.73-0.560.370.230.340.610.150.15-0.4-0.20.27
-0.170.480.140.71-0.06-0.010.160.550.010.920.94-0.04-0.560.640.99-0.40.5-0.260.740.910.160.16-0.3-0.170.21
0.520.760.76-0.03-0.060.760.710.670.870.26-0.280.290.690.350.04-0.430.740.66-0.050.270.820.820.110.120.73
0.90.550.79-0.1-0.010.760.730.370.880.13-0.160.340.30.590.050.070.540.260.20.360.940.940.38-0.070.56
0.530.630.990.120.160.710.730.60.680.320.050.340.30.60.24-0.360.620.380.360.410.840.83-0.22-0.310.87
0.080.960.630.490.550.670.370.60.630.80.390.230.320.530.6-0.840.960.540.40.690.60.6-0.31-0.020.7
0.680.740.760.010.010.870.880.680.630.26-0.120.370.510.460.08-0.260.730.510.090.370.880.880.23-0.030.65
-0.120.760.320.670.920.260.130.320.80.260.78-0.01-0.20.620.93-0.630.770.060.640.920.330.34-0.28-0.050.42
-0.270.280.030.770.94-0.28-0.160.050.39-0.120.780.08-0.70.520.89-0.340.31-0.310.720.780.010.01-0.42-0.290.08
0.360.190.360.57-0.040.290.340.340.230.37-0.010.080.040.350.02-0.210.180.55-0.060.080.480.48-0.05-0.160.34
0.170.390.34-0.39-0.560.690.30.30.320.51-0.2-0.70.04-0.31-0.5-0.340.370.78-0.45-0.350.30.290.110.250.36
0.560.60.60.470.640.350.590.60.530.460.620.520.35-0.310.7-0.130.6-0.070.620.830.730.730.12-0.120.52
-0.120.540.230.730.990.040.050.240.60.080.930.890.02-0.50.7-0.450.56-0.190.670.940.240.25-0.28-0.180.33
0.38-0.67-0.36-0.56-0.4-0.430.07-0.36-0.84-0.26-0.63-0.34-0.21-0.34-0.13-0.45-0.67-0.63-0.13-0.37-0.2-0.20.62-0.01-0.56
0.281.00.670.370.50.740.540.620.960.730.770.310.180.370.60.56-0.670.50.420.720.710.71-0.080.050.67
0.090.510.420.23-0.260.660.260.380.540.510.06-0.310.550.78-0.07-0.19-0.630.5-0.33-0.110.40.4-0.130.110.51
0.170.40.330.340.74-0.050.20.360.40.090.640.72-0.06-0.450.620.67-0.130.42-0.330.720.30.31-0.18-0.250.07
0.190.710.420.610.910.270.360.410.690.370.920.780.08-0.350.830.94-0.370.72-0.110.720.50.51-0.09-0.20.43
0.810.720.880.150.160.820.940.840.60.880.330.010.480.30.730.24-0.20.710.40.30.51.00.2-0.070.7
0.810.720.880.150.160.820.940.830.60.880.340.010.480.290.730.25-0.20.710.40.310.511.00.2-0.070.71
0.62-0.06-0.16-0.4-0.30.110.38-0.22-0.310.23-0.28-0.42-0.050.110.12-0.280.62-0.08-0.13-0.18-0.090.20.20.41-0.3
0.00.06-0.28-0.2-0.170.12-0.07-0.31-0.02-0.03-0.05-0.29-0.160.25-0.12-0.18-0.010.050.11-0.25-0.2-0.07-0.070.41-0.27
0.280.680.880.270.210.730.560.870.70.650.420.080.340.360.520.33-0.560.670.510.070.430.70.71-0.3-0.27
Click cells to compare fundamentals

Fifth Third Account Relationship Matchups

Fifth Third fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding720.1M719.7M711.2M695.0M687.7M606.5M
Total Assets169.4B204.7B211.1B207.5B214.6B225.3B
Short Long Term Debt Total16.0B16.2B12.8B18.6B20.0B12.4B
Other Current Liab(1.0B)(1.2B)(980M)(512M)93.1B97.7B
Total Current Liabilities1.0B1.2B980M4.3B100.1B105.1B
Total Stockholder Equity21.2B23.1B22.2B17.3B19.2B11.0B
Property Plant And Equipment Net2.8B2.9B2.7B2.8B3.3B1.9B
Net Debt12.7B13.0B9.8B15.1B16.9B10.2B
Retained Earnings18.3B18.4B20.2B21.7B23.0B24.1B
Cash3.3B3.1B3.0B3.5B3.1B2.3B
Non Current Assets Total47.1B79.7B82.1B72.0B185.2B194.5B
Non Currrent Assets Other(47.1B)(79.7B)(82.1B)1.8B145.5B152.8B
Other Assets77.6B48.0B50.3B66.8B76.8B56.0B
Cash And Short Term Investments41.3B74.1B75.7B62.4B(3.1B)(3.0B)
Net Receivables3.4B2.9B3.1B2.7B5.6B5.9B
Liabilities And Stockholders Equity169.4B204.7B211.1B207.5B214.6B225.3B
Non Current Liabilities Total15.0B15.0B11.8B4.3B95.3B100.1B
Other Stockholder Equity(2.1B)(2.0B)(3.4B)(3.4B)(3.5B)(3.3B)
Total Liab148.2B181.6B188.9B190.1B195.4B205.2B
Total Current Assets44.6B77.0B78.7B68.7B29.3B22.5B
Short Term Debt1.0B1.2B980M4.8B7.0B7.3B
Accumulated Other Comprehensive Income1.2B2.6B1.2B(5.1B)(4.5B)(4.3B)
Property Plant And Equipment Gross3.3B3.3B2.7B2.8B7.1B7.5B
Other Liab2.4B3.4B4.3B1.5B1.4B2.7B
Accounts Payable2.4B2.6B169.3B1.8B1.6B1.6B
Long Term Debt15.0B15.0B11.8B13.7B16.4B12.7B
Short Term Investments38.0B70.9B72.7B59.9B71.8B75.4B
Inventory(8.8B)(40.4B)(41.8B)(12.4B)(2.4B)(2.6B)
Treasury Stock(5.7B)(5.7B)(7.0B)(7.1B)(6.4B)(6.1B)
Intangible Assets1.2B795M1.3B1.9B1.9B1.0B
Property Plant Equipment2.8B2.1B2.7B2.2B2.5B2.6B
Good Will4.3B4.3B4.5B4.9B4.9B3.0B
Other Current Assets8.8B40.4B41.8B15.9B29.3B41.1B
Retained Earnings Total Equity18.3B18.4B20.2B21.7B24.9B13.6B
Net Tangible Assets15.0B16.6B15.4B10.1B11.6B13.6B

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When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third'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 Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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Is Fifth Third's industry 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 Fifth Third. If investors know Fifth 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 Fifth Third 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
(0.10)
Dividend Share
1.38
Earnings Share
3.14
Revenue Per Share
11.897
Quarterly Revenue Growth
(0.02)
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third'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 Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third'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 Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third'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.