Telephone Total Stockholder Equity vs Other Current Assets Analysis

TDS Stock  USD 20.43  0.04  0.20%   
Telephone financial indicator trend analysis is much more than just breaking down Telephone and Data prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telephone and Data is a good investment. Please check the relationship between Telephone Total Stockholder Equity and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telephone and Data. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telephone and Data Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telephone's Total Stockholder Equity and Other Current Assets is 0.79. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Telephone and Data, assuming nothing else is changed. The correlation between historical values of Telephone's Total Stockholder Equity and Other Current Assets 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 Stockholder Equity of Telephone and Data are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., Telephone's Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Telephone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telephone and Data 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 Telephone and Data. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative is likely to drop to about 1.4 B in 2024. Tax Provision is likely to drop to about 23.7 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue5.3B5.4B5.2B3.4B
Depreciation And Amortization895M929M915M582.3M

Telephone fundamental ratios Correlations

0.740.80.920.970.970.650.790.240.99-0.070.20.920.770.790.70.840.950.980.740.580.840.730.510.760.27
0.740.520.610.620.710.970.32-0.060.76-0.3-0.140.630.570.990.320.820.680.80.390.810.50.960.840.490.0
0.80.520.950.820.810.460.710.180.79-0.160.170.630.710.610.880.720.770.770.60.260.850.570.410.750.51
0.920.610.950.920.920.530.810.270.9-0.10.240.790.780.70.880.80.880.890.730.380.940.630.430.810.47
0.970.620.820.920.940.530.890.290.95-0.010.280.920.840.690.720.790.970.910.780.410.890.650.40.840.36
0.970.710.810.920.940.640.750.170.98-0.160.150.840.750.770.730.820.90.960.660.570.830.70.530.750.38
0.650.970.460.530.530.640.18-0.290.71-0.44-0.360.520.460.950.270.810.570.730.190.850.370.970.920.37-0.06
0.790.320.710.810.890.750.180.590.720.330.60.810.870.420.670.50.890.670.910.040.90.310.00.90.51
0.24-0.060.180.270.290.17-0.290.590.110.670.980.370.37-0.010.15-0.080.360.190.8-0.310.48-0.23-0.50.430.28
0.990.760.790.90.950.980.710.720.11-0.170.070.890.720.810.690.870.910.980.640.640.780.780.590.710.23
-0.07-0.3-0.16-0.1-0.01-0.16-0.440.330.67-0.170.650.20.11-0.30.0-0.440.13-0.130.46-0.390.09-0.46-0.740.16-0.03
0.2-0.140.170.240.280.15-0.360.60.980.070.650.310.39-0.080.12-0.140.340.130.77-0.380.47-0.29-0.540.450.35
0.920.630.630.790.920.840.520.810.370.890.20.310.70.660.580.680.910.890.810.530.790.590.30.680.07
0.770.570.710.780.840.750.460.870.370.720.110.390.70.670.580.590.90.670.770.140.820.570.30.980.61
0.790.990.610.70.690.770.950.42-0.010.81-0.3-0.080.660.670.420.870.740.830.460.730.590.960.830.60.14
0.70.320.880.880.720.730.270.670.150.690.00.120.580.580.420.60.680.670.540.130.770.360.220.670.56
0.840.820.720.80.790.820.810.5-0.080.87-0.44-0.140.680.590.870.60.730.850.430.650.690.880.810.580.18
0.950.680.770.880.970.90.570.890.360.910.130.340.910.90.740.680.730.890.830.390.860.660.370.90.38
0.980.80.770.890.910.960.730.670.190.98-0.130.130.890.670.830.670.850.890.670.680.770.770.580.660.18
0.740.390.60.730.780.660.190.910.80.640.460.770.810.770.460.540.430.830.670.090.860.29-0.050.80.38
0.580.810.260.380.410.570.850.04-0.310.64-0.39-0.380.530.140.730.130.650.390.680.090.240.760.760.04-0.39
0.840.50.850.940.890.830.370.90.480.780.090.470.790.820.590.770.690.860.770.860.240.480.240.840.48
0.730.960.570.630.650.70.970.31-0.230.78-0.46-0.290.590.570.960.360.880.660.770.290.760.480.920.50.03
0.510.840.410.430.40.530.920.0-0.50.59-0.74-0.540.30.30.830.220.810.370.58-0.050.760.240.920.21-0.03
0.760.490.750.810.840.750.370.90.430.710.160.450.680.980.60.670.580.90.660.80.040.840.50.210.68
0.270.00.510.470.360.38-0.060.510.280.23-0.030.350.070.610.140.560.180.380.180.38-0.390.480.03-0.030.68
Click cells to compare fundamentals

Telephone Account Relationship Matchups

Telephone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8B12.5B13.5B14.6B13.9B7.7B
Short Long Term Debt Total3.4B4.5B4.0B4.8B5.1B5.4B
Other Current Liab273M318M316M558M374M283.7M
Total Current Liabilities962M1.2B1.2B1.5B1.2B833.7M
Total Stockholder Equity4.7B4.8B5.9B5.8B5.2B3.2B
Property Plant And Equipment Net4.5B5.0B5.4B5.8B6.0B3.2B
Net Debt2.9B3.1B3.7B4.4B4.9B5.2B
Retained Earnings2.7B2.8B2.8B2.7B2.0B1.6B
Cash465M1.4B367M360M236M224.2M
Non Current Assets Total8.9B9.5B11.4B12.5B12.3B6.4B
Non Currrent Assets Other607M654M(193M)(147M)(153M)(145.4M)
Cash And Short Term Investments465M1.4B367M360M236M224.2M
Net Receivables1.2B1.3B1.3B1.2B1.1B550.0M
Common Stock Shares Outstanding112M114M116M115M113M118.7M
Liabilities And Stockholders Equity10.8B12.5B13.5B14.6B13.9B7.7B
Non Current Liabilities Total4.4B5.8B5.6B6.4B6.7B7.1B
Inventory169M154M178M268M208M106.1M
Other Current Assets29M36M61M58M52M44.9M
Other Stockholder Equity2.0B2.0B2.0B2.1B2.1B1.5B
Total Liab5.4B6.9B6.7B7.9B7.9B4.0B
Total Current Assets1.9B3.0B2.0B2.0B1.7B1.4B
Short Term Debt126M134M147M165M173M99.3M
Accounts Payable374M508M481M506M360M325.6M
Intangible Assets2.7B2.9B4.3B4.9B4.9B5.1B
Property Plant And Equipment Gross4.5B5.0B14.3B15.0B16.6B17.4B
Accumulated Other Comprehensive Income(10M)(9M)(4M)5M11M16.2M
Other Liab1.2B1.4B1.7B1.8B2.0B2.2B
Other Assets607M654M728M822M945.3M992.6M
Long Term Debt2.3B3.4B2.9B3.7B4.1B2.7B
Treasury Stock(479M)(477M)(461M)(481M)(432.9M)(454.5M)
Property Plant Equipment3.5B4.0B4.4B4.8B5.5B3.9B
Current Deferred Revenue189M193M236M285M277M225.2M
Net Tangible Assets2.3B2.4B983M245M220.5M209.5M

Pair Trading with Telephone

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 Telephone 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 Telephone will appreciate offsetting losses from the drop in the long position's value.

Moving against Telephone Stock

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The ability to find closely correlated positions to Telephone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telephone 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 Telephone - 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 Telephone and Data to buy it.
The correlation of Telephone 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 Telephone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telephone and Data 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 Telephone 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 CorrelationCorrelation Matching
When determining whether Telephone and Data is a strong investment it is important to analyze Telephone's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Telephone's future performance. For an informed investment choice regarding Telephone Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telephone and Data. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Telephone and Data information on this page should be used as a complementary analysis to other Telephone'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Telephone's price analysis, check to measure Telephone'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 Telephone is operating at the current time. Most of Telephone's value examination focuses on studying past and present price action to predict the probability of Telephone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telephone's price. Additionally, you may evaluate how the addition of Telephone to your portfolios can decrease your overall portfolio volatility.
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Is Telephone'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 Telephone. If investors know Telephone 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 Telephone 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
(0.12)
Dividend Share
0.745
Earnings Share
(4.88)
Revenue Per Share
45.301
Quarterly Revenue Growth
(0.03)
The market value of Telephone and Data is measured differently than its book value, which is the value of Telephone that is recorded on the company's balance sheet. Investors also form their own opinion of Telephone's value that differs from its market value or its book value, called intrinsic value, which is Telephone'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 Telephone's market value can be influenced by many factors that don't directly affect Telephone'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 Telephone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telephone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telephone'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.