Telefonaktiebolaget Common Stock Total Equity vs Non Current Liabilities Total Analysis

ERIC Stock  USD 5.74  0.05  0.88%   
Telefonaktiebolaget financial indicator trend analysis is much more than just breaking down Telefonaktiebolaget prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telefonaktiebolaget is a good investment. Please check the relationship between Telefonaktiebolaget Common Stock Total Equity and its Non Current Liabilities Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Common Stock Total Equity vs Non Current Liabilities Total

Common Stock Total Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telefonaktiebolaget Common Stock Total Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telefonaktiebolaget's Common Stock Total Equity and Non Current Liabilities Total is 0.67. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Telefonaktiebolaget LM Ericsson, assuming nothing else is changed. The correlation between historical values of Telefonaktiebolaget's Common Stock Total Equity and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Telefonaktiebolaget LM Ericsson are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock Total Equity i.e., Telefonaktiebolaget's Common Stock Total Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Non Current Liabilities Total

Most indicators from Telefonaktiebolaget's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonaktiebolaget 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 Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Telefonaktiebolaget's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.81, whereas Selling General Administrative is forecasted to decline to about 29.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit100.7B113.3B104.4B66.2B
Total Revenue232.3B271.5B263.4B177.7B

Telefonaktiebolaget fundamental ratios Correlations

0.730.920.930.790.62-0.220.640.860.68-0.40.670.830.950.670.890.080.360.860.110.880.150.870.280.940.56
0.730.580.880.210.780.330.00.630.78-0.020.230.330.680.910.76-0.41-0.180.930.460.40.570.810.590.740.37
0.920.580.810.820.37-0.310.710.820.5-0.490.810.840.890.460.790.040.450.7-0.010.930.040.750.030.870.54
0.930.880.810.520.770.010.330.80.79-0.360.450.620.860.850.92-0.20.070.980.220.670.30.960.550.860.49
0.790.210.820.520.15-0.530.980.680.26-0.420.860.890.760.080.580.470.650.36-0.140.94-0.130.44-0.270.720.58
0.620.780.370.770.150.190.00.580.77-0.180.080.210.540.830.71-0.27-0.350.820.330.260.470.810.670.540.21
-0.220.33-0.310.01-0.530.19-0.6-0.450.480.68-0.57-0.5-0.30.260.04-0.42-0.540.110.81-0.490.74-0.030.46-0.120.22
0.640.00.710.330.980.0-0.60.560.1-0.410.840.810.62-0.120.430.540.670.16-0.230.87-0.220.26-0.410.570.52
0.860.630.820.80.680.58-0.450.560.46-0.550.780.770.910.580.650.070.320.74-0.070.850.070.790.110.850.17
0.680.780.50.790.260.770.480.10.460.010.130.330.570.760.77-0.15-0.130.810.670.370.660.790.660.680.52
-0.4-0.02-0.49-0.36-0.42-0.180.68-0.41-0.550.01-0.46-0.4-0.38-0.07-0.350.07-0.18-0.260.67-0.450.47-0.490.0-0.210.08
0.670.230.810.450.860.08-0.570.840.780.13-0.460.760.70.040.420.250.520.3-0.150.91-0.040.38-0.430.680.31
0.830.330.840.620.890.21-0.50.810.770.33-0.40.760.890.320.540.450.790.52-0.140.94-0.190.56-0.110.850.38
0.950.680.890.860.760.54-0.30.620.910.57-0.380.70.890.650.740.130.50.810.040.890.070.810.140.970.37
0.670.910.460.850.080.830.26-0.120.580.76-0.070.040.320.650.69-0.36-0.130.940.350.290.370.840.740.670.17
0.890.760.790.920.580.710.040.430.650.77-0.350.420.540.740.69-0.190.030.860.220.630.290.890.480.740.65
0.08-0.410.04-0.20.47-0.27-0.420.540.07-0.150.070.250.450.13-0.36-0.190.62-0.27-0.10.32-0.29-0.26-0.320.120.2
0.36-0.180.450.070.65-0.35-0.540.670.32-0.13-0.180.520.790.5-0.130.030.62-0.01-0.310.64-0.480.03-0.470.460.1
0.860.930.70.980.360.820.110.160.740.81-0.260.30.520.810.940.86-0.27-0.010.280.540.340.950.650.810.38
0.110.46-0.010.22-0.140.330.81-0.23-0.070.670.67-0.15-0.140.040.350.22-0.1-0.310.28-0.070.90.140.360.260.4
0.880.40.930.670.940.26-0.490.870.850.37-0.450.910.940.890.290.630.320.640.54-0.07-0.050.6-0.170.870.46
0.150.570.040.3-0.130.470.74-0.220.070.660.47-0.04-0.190.070.370.29-0.29-0.480.340.9-0.050.240.320.260.33
0.870.810.750.960.440.81-0.030.260.790.79-0.490.380.560.810.840.89-0.260.030.950.140.60.240.570.780.32
0.280.590.030.55-0.270.670.46-0.410.110.660.0-0.43-0.110.140.740.48-0.32-0.470.650.36-0.170.320.570.170.19
0.940.740.870.860.720.54-0.120.570.850.68-0.210.680.850.970.670.740.120.460.810.260.870.260.780.170.47
0.560.370.540.490.580.210.220.520.170.520.080.310.380.370.170.650.20.10.380.40.460.330.320.190.47
Click cells to compare fundamentals

Telefonaktiebolaget Account Relationship Matchups

Telefonaktiebolaget fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.4B271.5B305.6B349.5B310.1B209.3B
Short Long Term Debt Total47.6B39.5B41.1B42.2B54.3B28.6B
Other Current Liab45.6B45.8B46.6B56.5B47.3B38.0B
Total Current Liabilities116.8B114.3B127.0B145.6B129.4B78.6B
Total Stockholder Equity82.6B86.7B108.8B134.8B98.7B85.7B
Property Plant And Equipment Net22.3B21.4B21.5B22.1B18.5B14.8B
Net Debt2.5B(4.2B)(12.9B)3.9B19.1B20.1B
Retained Earnings38.9B48.0B66.9B85.2B50.5B52.4B
Cash45.1B43.6B54.1B38.3B35.2B28.2B
Non Current Assets Total122.5B121.7B130.8B175.7B155.2B162.9B
Non Currrent Assets Other2.3B1.2B568M415M4.7B3.6B
Cash And Short Term Investments51.8B50.4B67.0B47.1B44.8B47.3B
Net Receivables71.2B71.3B72.7B80.9B71.5B62.0B
Common Stock Shares Outstanding3.3B3.3B3.3B3.3B3.3B2.7B
Liabilities And Stockholders Equity276.4B271.5B305.6B349.5B310.1B209.3B
Non Current Liabilities Total77.7B72.0B71.6B70.6B83.3B43.8B
Inventory30.9B28.1B35.2B45.8B36.2B24.3B
Other Current Assets1.4B1.9B2.3B2.5B2.6B4.6B
Total Liab194.5B186.4B198.5B216.2B212.7B122.4B
Property Plant And Equipment Gross22.3B21.4B21.5B22.1B66.2B69.5B
Total Current Assets153.9B149.8B174.8B173.8B155.0B139.7B
Accumulated Other Comprehensive Income2.3B(2.7B)454M8.2B6.8B7.1B
Short Term Debt11.7B10.1B11.8B8.5B19.9B20.9B
Accounts Payable30.4B32.0B35.7B38.4B27.8B21.6B
Current Deferred Revenue29.0B26.4B32.8B42.3B34.4B23.4B
Intangible Assets6.5B8.7B7.4B30.0B27.3B15.8B
Other Liab41.8B42.7B42.2B36.8B42.4B44.5B
Long Term Debt28.3B22.2B22.2B26.9B29.2B30.7B
Good Will31.2B34.9B38.2B84.6B52.9B29.0B
Short Term Investments6.8B6.8B12.9B8.7B9.6B9.1B
Property Plant Equipment22.3B21.4B21.5B22.1B25.4B26.7B
Other Assets37.5B31.4B33.4B30.4B34.8B36.5B
Deferred Long Term Liab4.0B3.9B3.5B3.7B4.3B3.9B
Long Term Investments31.2B30.5B40.6B19.2B20.9B23.6B
Short Long Term Debt9.4B7.9B9.6B6.0B17.7B18.5B
Net Tangible Assets48.9B46.9B66.7B23.9B27.5B47.5B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget'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 Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Telefonaktiebolaget'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 Telefonaktiebolaget. If investors know Telefonaktiebolaget 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 Telefonaktiebolaget 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
0.707
Dividend Share
2.7
Earnings Share
(0.71)
Revenue Per Share
76.307
Quarterly Revenue Growth
(0.15)
The market value of Telefonaktiebolaget is measured differently than its book value, which is the value of Telefonaktiebolaget that is recorded on the company's balance sheet. Investors also form their own opinion of Telefonaktiebolaget's value that differs from its market value or its book value, called intrinsic value, which is Telefonaktiebolaget'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 Telefonaktiebolaget's market value can be influenced by many factors that don't directly affect Telefonaktiebolaget'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 Telefonaktiebolaget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefonaktiebolaget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefonaktiebolaget'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.