Truist Operating Income vs Cost Of Revenue Analysis
TFC Stock | USD 38.24 0.65 1.67% |
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 Operating Income and its Cost Of Revenue 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 tightly coupled with the direction of predictive economic indicators such as signals in census.
Operating Income vs Cost Of Revenue
Operating Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Truist Financial Corp Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Truist Financial's Operating Income and Cost Of Revenue is 0.32. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue 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 Operating Income 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 Operating Income of Truist 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 Operating Income i.e., Truist Financial's Operating Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Truist Financial Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Truist Financial Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Truist Financial Corp income statement and represents the costs associated with goods and services Truist 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 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 tightly coupled 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 Over EBITDA is expected to grow to 132.14, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.25.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.1B | 22.3B | 33.2B | 34.9B | Total Revenue | 23.1B | 22.3B | 33.3B | 35.0B |
Truist Financial fundamental ratios Correlations
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Truist Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 539.0B | 565.9B | |
Short Long Term Debt Total | 59.6B | 45.7B | 41.2B | 66.6B | 65.2B | 68.4B | |
Other Current Liab | (18.2B) | (6.1B) | (5.3B) | 13.6B | 111.7B | 117.3B | |
Total Current Liabilities | 18.2B | 6.1B | 5.3B | 23.4B | 136.7B | 143.5B | |
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 | 34.5B | 17.5B | |
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 | 488.9B | 513.3B | |
Non Currrent Assets Other | 844M | (716M) | 1.6B | (124.6B) | 419.7B | 440.7B | |
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 | (5.1B) | (4.8B) | |
Liabilities And Stockholders Equity | 473.1B | 509.2B | 541.2B | 555.3B | 539.0B | 565.9B | |
Non Current Liabilities Total | 41.3B | 39.6B | 35.9B | 471.3B | 343.0B | 360.2B | |
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 | 479.7B | 503.7B | |
Total Current Assets | 99.9B | 144.9B | 183.8B | 21.4B | 50.1B | 79.2B | |
Short Term Debt | 18.2B | 6.1B | 5.3B | 23.4B | 25.0B | 26.2B | |
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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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 tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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When running Truist Financial's price analysis, check to measure Truist Financial'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 Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.
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Is Truist Financial'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 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 (0.24) | Dividend Share 2.08 | Earnings Share (1.31) | Revenue Per Share 15.607 | Quarterly Revenue Growth (0.1) |
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.