Telefonaktiebolaget Lm Ericsson Stock Total Asset

ERIC Stock  USD 5.51  0.08  1.47%   
Telefonaktiebolaget LM Ericsson fundamentals help investors to digest information that contributes to Telefonaktiebolaget's financial success or failures. It also enables traders to predict the movement of Telefonaktiebolaget Stock. The fundamental analysis module provides a way to measure Telefonaktiebolaget's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Telefonaktiebolaget stock.
As of March 28, 2024, Total Assets is expected to decline to about 209.3 B.
  
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Telefonaktiebolaget Total Asset Analysis

Telefonaktiebolaget's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
 2021 2022 2023 2024 (projected)
Gross Profit100.7B113.3B104.4B66.2B
Total Revenue232.3B271.5B263.4B177.7B

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Telefonaktiebolaget Total Asset

    
  310.14 B  
Most of Telefonaktiebolaget's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Telefonaktiebolaget LM Ericsson is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Telefonaktiebolaget Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Telefonaktiebolaget is extremely important. It helps to project a fair market value of Telefonaktiebolaget Stock properly, considering its historical fundamentals such as Total Asset. Since Telefonaktiebolaget's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Telefonaktiebolaget's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Telefonaktiebolaget's interrelated accounts and indicators.
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Telefonaktiebolaget Total Asset Historical Pattern

Today, most investors in Telefonaktiebolaget Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Telefonaktiebolaget's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Telefonaktiebolaget total asset as a starting point in their analysis.
   Telefonaktiebolaget Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Telefonaktiebolaget Total Assets

Total Assets

209.34 Billion

At present, Telefonaktiebolaget's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Telefonaktiebolaget LM Ericsson has a Total Asset of 310.14 B. This is 370.07% higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The total asset for all United States stocks is significantly lower than that of the firm.

Telefonaktiebolaget Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Telefonaktiebolaget's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Telefonaktiebolaget could also be used in its relative valuation, which is a method of valuing Telefonaktiebolaget by comparing valuation metrics of similar companies.
Telefonaktiebolaget is currently under evaluation in total asset category among related companies.

Telefonaktiebolaget Institutional Holders

Institutional Holdings refers to the ownership stake in Telefonaktiebolaget that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Telefonaktiebolaget's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Telefonaktiebolaget's value.
Shares
Pacer Advisors, Inc.2023-09-30
M
Bank Of America Corp2023-09-30
1.9 M
Penserra Capital Management, Llc2023-12-31
1.7 M
Voloridge Investment Management, Llc2023-09-30
1.6 M
Crossmark Global Holdings, Inc.2023-09-30
1.5 M
Balyasny Asset Management Llc2023-12-31
1.3 M
Northern Trust Corp2023-09-30
1.2 M
Fidelity International Ltd2023-12-31
1.1 M
Exoduspoint Capital Management, Lp2023-09-30
919.3 K
Hotchkis & Wiley Capital Management Llc2023-09-30
141.9 M
Primecap Management Company2023-12-31
54 M

Telefonaktiebolaget Fundamentals

About Telefonaktiebolaget Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Telefonaktiebolaget LM Ericsson's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Telefonaktiebolaget using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Telefonaktiebolaget LM Ericsson based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Total Assets310.1 B209.3 B

Pair Trading with Telefonaktiebolaget

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

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The ability to find closely correlated positions to Telefonaktiebolaget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telefonaktiebolaget 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 Telefonaktiebolaget - 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 Telefonaktiebolaget LM Ericsson to buy it.
The correlation of Telefonaktiebolaget 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 Telefonaktiebolaget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telefonaktiebolaget 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 Telefonaktiebolaget 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 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 Telefonaktiebolaget Piotroski F Score and Telefonaktiebolaget Altman Z Score analysis.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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
(0.44)
Dividend Share
2.7
Earnings Share
(0.75)
Revenue Per Share
79.084
Quarterly Revenue Growth
(0.16)
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.