Chunghwa Total Current Assets vs Net Invested Capital Analysis

CHT Stock

USD 38.16 0.28 0.74%

Chunghwa Telecom financial indicator trend analysis is way more than just evaluating Chunghwa Telecom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chunghwa Telecom is a good investment. Please check the relationship between Chunghwa Telecom Total Current Assets and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Total Current Assets vs Net Invested Capital

Total Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chunghwa Telecom Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Chunghwa Telecom's Total Current Assets and Net Invested Capital is 0.41. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Chunghwa Telecom Co, assuming nothing else is changed. The correlation between historical values of Chunghwa Telecom's Total Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Chunghwa Telecom Co are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., Chunghwa Telecom's Total Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Chunghwa Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chunghwa Telecom 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

At this time, Chunghwa Telecom's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 111.70 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.1 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	74.3B	375K	79.2B	69.8B
Total Revenue	209.4B	136.7B	223.2B	222.9B

Gross Profit Total Revenue

Chunghwa Telecom fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.32	0.58	0.69	0.83	-0.36	0.61	0.3	0.36	0.3	0.92	0.47	-0.11	0.92	0.39	0.84	0.58	0.29	-0.33	0.69	0.79	0.59	0.36	0.71	0.85	0.56
Other Current Liab	0.32		0.87	0.81	0.1	-0.43	-0.37	0.74	0.76	0.67	0.22	0.89	-0.85	0.1	0.73	0.04	0.42	0.32	-0.85	-0.38	0.06	0.83	0.9	0.18	-0.1	0.06
Total Current Liabilities	0.58	0.87		0.92	0.37	-0.46	-0.05	0.81	0.85	0.5	0.55	0.97	-0.71	0.29	0.58	0.3	0.76	0.08	-0.91	-0.14	0.16	0.83	0.96	0.43	0.11	0.51
Total Stockholder Equity	0.69	0.81	0.92		0.56	-0.7	0.08	0.77	0.79	0.52	0.61	0.94	-0.66	0.48	0.6	0.48	0.73	0.3	-0.83	-0.05	0.4	0.88	0.87	0.58	0.3	0.52
Other Liab	0.83	0.1	0.37	0.56		-0.55	0.66	0.18	0.26	0.08	0.77	0.32	0.15	0.81	0.16	0.82	0.5	0.29	-0.2	0.6	0.72	0.41	0.18	0.85	0.76	0.55
Property Plant And Equipment Net	-0.36	-0.43	-0.46	-0.7	-0.55		-0.2	-0.52	-0.52	-0.15	-0.35	-0.59	0.36	-0.35	-0.17	-0.37	-0.36	-0.39	0.47	0.16	-0.3	-0.48	-0.46	-0.59	-0.23	-0.26
Net Debt	0.61	-0.37	-0.05	0.08	0.66	-0.2		-0.26	-0.17	-0.51	0.77	-0.13	0.41	0.71	-0.44	0.72	0.21	0.09	0.21	0.79	0.6	-0.22	-0.26	0.52	0.79	0.48
Retained Earnings	0.3	0.74	0.81	0.77	0.18	-0.52	-0.26		0.82	0.48	0.3	0.85	-0.61	0.05	0.44	0.12	0.7	-0.22	-0.74	-0.37	-0.05	0.66	0.89	0.32	-0.11	0.35
Accounts Payable	0.36	0.76	0.85	0.79	0.26	-0.52	-0.17	0.82		0.36	0.34	0.88	-0.68	0.11	0.43	-0.03	0.67	-0.05	-0.91	-0.34	0.07	0.72	0.89	0.37	-0.11	0.31
Cash	0.3	0.67	0.5	0.52	0.08	-0.15	-0.51	0.48	0.36		-0.02	0.49	-0.55	0.22	0.97	0.12	0.13	0.36	-0.37	-0.11	0.24	0.82	0.51	0.02	0.1	-0.11
Non Current Assets Total	0.92	0.22	0.55	0.61	0.77	-0.35	0.77	0.3	0.34	-0.02		0.45	-0.05	0.82	0.06	0.82	0.64	0.08	-0.33	0.65	0.66	0.35	0.35	0.71	0.77	0.67
Non Currrent Assets Other	0.47	0.89	0.97	0.94	0.32	-0.59	-0.13	0.85	0.88	0.49	0.45		-0.79	0.22	0.56	0.23	0.72	0.12	-0.94	-0.3	0.14	0.83	0.98	0.41	0.01	0.46
Other Assets	-0.11	-0.85	-0.71	-0.66	0.15	0.36	0.41	-0.61	-0.68	-0.55	-0.05	-0.79		0.03	-0.61	0.13	-0.29	-0.28	0.78	0.51	-0.01	-0.7	-0.8	0.12	0.22	-0.08
Long Term Debt	0.92	0.1	0.29	0.48	0.81	-0.35	0.71	0.05	0.11	0.22	0.82	0.22	0.03		0.28	0.86	0.29	0.42	-0.05	0.81	0.93	0.41	0.07	0.62	0.97	0.39
Cash And Short Term Investments	0.39	0.73	0.58	0.6	0.16	-0.17	-0.44	0.44	0.43	0.97	0.06	0.56	-0.61	0.28		0.15	0.19	0.46	-0.48	-0.08	0.29	0.89	0.57	0.09	0.14	-0.03
Common Stock Shares Outstanding	0.84	0.04	0.3	0.48	0.82	-0.37	0.72	0.12	-0.03	0.12	0.82	0.23	0.13	0.86	0.15		0.4	0.28	0.0	0.72	0.74	0.29	0.1	0.63	0.88	0.59
Inventory	0.58	0.42	0.76	0.73	0.5	-0.36	0.21	0.7	0.67	0.13	0.64	0.72	-0.29	0.29	0.19	0.4		-0.31	-0.64	0.05	0.16	0.53	0.71	0.55	0.17	0.8
Other Current Assets	0.29	0.32	0.08	0.3	0.29	-0.39	0.09	-0.22	-0.05	0.36	0.08	0.12	-0.28	0.42	0.46	0.28	-0.31		-0.08	0.14	0.49	0.4	0.0	0.13	0.38	-0.28
Other Stockholder Equity	-0.33	-0.85	-0.91	-0.83	-0.2	0.47	0.21	-0.74	-0.91	-0.37	-0.33	-0.94	0.78	-0.05	-0.48	0.0	-0.64	-0.08		0.4	-0.01	-0.74	-0.94	-0.36	0.17	-0.38
Total Liab	0.69	-0.38	-0.14	-0.05	0.6	0.16	0.79	-0.37	-0.34	-0.11	0.65	-0.3	0.51	0.81	-0.08	0.72	0.05	0.14	0.4		0.72	-0.08	-0.39	0.4	0.9	0.27
Property Plant And Equipment Gross	0.79	0.06	0.16	0.4	0.72	-0.3	0.6	-0.05	0.07	0.24	0.66	0.14	-0.01	0.93	0.29	0.74	0.16	0.49	-0.01	0.72		0.38	0.0	0.51	0.86	0.28
Total Current Assets	0.59	0.83	0.83	0.88	0.41	-0.48	-0.22	0.66	0.72	0.82	0.35	0.83	-0.7	0.41	0.89	0.29	0.53	0.4	-0.74	-0.08	0.38		0.79	0.39	0.22	0.27
Common Stock	0.36	0.9	0.96	0.87	0.18	-0.46	-0.26	0.89	0.89	0.51	0.35	0.98	-0.8	0.07	0.57	0.1	0.71	0.0	-0.94	-0.39	0.0	0.79		0.29	-0.13	0.41
Property Plant Equipment	0.71	0.18	0.43	0.58	0.85	-0.59	0.52	0.32	0.37	0.02	0.71	0.41	0.12	0.62	0.09	0.63	0.55	0.13	-0.36	0.4	0.51	0.39	0.29		0.53	0.55
Short Long Term Debt Total	0.85	-0.1	0.11	0.3	0.76	-0.23	0.79	-0.11	-0.11	0.1	0.77	0.01	0.22	0.97	0.14	0.88	0.17	0.38	0.17	0.9	0.86	0.22	-0.13	0.53		0.35
Current Deferred Revenue	0.56	0.06	0.51	0.52	0.55	-0.26	0.48	0.35	0.31	-0.11	0.67	0.46	-0.08	0.39	-0.03	0.59	0.8	-0.28	-0.38	0.27	0.28	0.27	0.41	0.55	0.35

Click cells to compare fundamentals

Chunghwa Telecom Account Relationship Matchups

Chunghwa Telecom fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	457.3B	506.4B	513.1B	523.2B	523.9B	496.9B
Other Current Liab	27.7B	30.4B	30.7B	31.8B	31.6B	29.4B
Total Current Liabilities	59.4B	71.4B	64.3B	65.7B	65.8B	52.7B
Total Stockholder Equity	376.1B	377.9B	379.3B	381.2B	382.3B	389.0B
Other Liab	18.6B	19.5B	21.9B	24.3B	28.0B	29.4B
Property Plant And Equipment Net	285.0B	292.4B	300.2B	302.6B	303.6B	242.0B
Net Debt	(16.4B)	7.8B	(864.7M)	(6.7B)	9.8B	10.3B
Retained Earnings	126.6B	128.2B	130.9B	132.5B	55.9B	108.1B
Accounts Payable	12.1B	15.6B	18.1B	16.4B	14.4B	15.9B
Cash	25.1B	30.4B	39.8B	50.2B	33.8B	32.9B
Non Current Assets Total	387.4B	424.6B	422.0B	421.3B	421.5B	400.6B
Non Currrent Assets Other	24.1B	23.0B	22.3B	24.6B	14.7B	15.4B
Other Assets	25.9B	27.1B	26.1B	13.9B	16.0B	12.2B
Cash And Short Term Investments	27.9B	36.6B	44.8B	53.8B	52.4B	39.0B
Common Stock Shares Outstanding	7.8B	7.8B	7.8B	7.8B	7.8B	8.2B
Liabilities And Stockholders Equity	457.3B	506.4B	513.1B	523.2B	523.9B	496.9B
Inventory	14.8B	14.6B	14.2B	14.7B	11.5B	8.7B
Other Current Assets	16.6M	193.0M	142.6M	175.6M	6.9B	7.2B
Other Stockholder Equity	171.3B	171.3B	171.3B	171.3B	147.4B	177.9B
Total Liab	81.2B	117.1B	121.8B	129.4B	129.0B	102.6B
Property Plant And Equipment Gross	295.1B	282.7B	945.9B	957.6B	961.2B	1.0T
Total Current Assets	70.0B	81.8B	91.0B	101.9B	102.4B	92.9B
Property Plant Equipment	295.1B	292.4B	300.2B	312.4B	359.3B	377.3B
Short Long Term Debt Total	8.7B	38.2B	38.9B	43.5B	43.6B	45.8B
Current Deferred Revenue	16.7B	13.4B	12.2B	13.4B	14.1B	9.4B
Net Receivables	25.7B	28.2B	29.5B	30.8B	31.6B	24.5B
Non Current Liabilities Total	21.8B	45.7B	57.5B	63.7B	63.3B	66.4B
Accumulated Other Comprehensive Income	688.5M	927.1M	(408M)	(223M)	101.5B	106.5B
Short Term Debt	2.9B	12.0B	3.3B	4.1B	5.7B	5.4B
Intangible Assets	46.5B	90.0B	83.7B	79.0B	72.5B	42.1B
Short Term Investments	2.9B	6.1B	5.1B	3.6B	18.6B	19.5B
Long Term Investments	16.1B	28.9B	12.9B	25.5B	14.7B	15.5B
Short Long Term Debt	90M	1.7B	65M	722M	2.2B	2.3B
Net Tangible Assets	329.1B	287.6B	295.4B	302.0B	347.3B	302.5B
Deferred Long Term Liab	942.7M	999.6M	987.7M	979.9M	1.1B	654.7M
Long Term Debt Total	8.1B	26.2B	35.6B	39.4B	45.3B	47.6B

Pair Trading with Chunghwa Telecom

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chunghwa Telecom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chunghwa Telecom will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Chunghwa Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chunghwa Telecom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chunghwa Telecom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chunghwa Telecom Co to buy it.

The correlation of Chunghwa Telecom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chunghwa Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chunghwa Telecom moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Chunghwa Telecom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Chunghwa Telecom is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Chunghwa Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Chunghwa Telecom Co Stock. Highlighted below are key reports to facilitate an investment decision about Chunghwa Telecom Co Stock:

How To Invest In Chunghwa

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Is Chunghwa Stock a good investment?

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What is Chunghwa Telecom's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Note that the Chunghwa Telecom information on this page should be used as a complementary analysis to other Chunghwa Telecom'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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Chunghwa Telecom's price analysis, check to measure Chunghwa Telecom'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 Chunghwa Telecom is operating at the current time. Most of Chunghwa Telecom's value examination focuses on studying past and present price action to predict the probability of Chunghwa Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chunghwa Telecom's price. Additionally, you may evaluate how the addition of Chunghwa Telecom to your portfolios can decrease your overall portfolio volatility.

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Is Chunghwa Telecom'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 Chunghwa Telecom. If investors know Chunghwa 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 Chunghwa Telecom 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)

Dividend Share

4.758

Earnings Share

1.46

Revenue Per Share

71.935

Quarterly Revenue Growth

0.04

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

Total Current Assets vs Net Invested Capital

Total Current Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Invested Capital

Chunghwa Telecom fundamental ratios Correlations

Chunghwa Telecom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chunghwa Telecom fundamental ratios Accounts

Pair Trading with Chunghwa Telecom

Complementary Tools for Chunghwa Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.98	Non Currrent Assets Other
Non Currrent Assets Other	+ 0.97	Total Current Liabilities
Cash And Short Term Investments	+ 0.97	Cash
Short Long Term Debt Total	+ 0.97	Long Term Debt
Common Stock	+ 0.96	Total Current Liabilities
Non Currrent Assets Other	+ 0.94	Total Stockholder Equity

Common Stock	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Non Currrent Assets Other
Other Stockholder Equity	- 0.91	Accounts Payable
Other Stockholder Equity	- 0.91	Total Current Liabilities
Other Stockholder Equity	- 0.85	Other Current Liab
Other Assets	- 0.85	Other Current Liab