ATT Reconciled Depreciation vs Income Before Tax Analysis

T Stock  USD 16.58  0.23  1.37%   
ATT financial indicator trend analysis is way more than just evaluating ATT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATT Inc is a good investment. Please check the relationship between ATT Reconciled Depreciation and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Reconciled Depreciation vs Income Before Tax

Reconciled Depreciation vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATT Inc Reconciled Depreciation account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between ATT's Reconciled Depreciation and Income Before Tax is 0.36. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of ATT Inc, assuming nothing else is changed. The correlation between historical values of ATT's Reconciled Depreciation and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of ATT Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Reconciled Depreciation i.e., ATT's Reconciled Depreciation and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ATT income statement and is an important metric when analyzing ATT Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from ATT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATT Inc 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 ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to drop to about 28.5 B in 2024. Discontinued Operations is likely to drop to about (171 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit89.1B69.9B53.5B45.6B
Total Revenue168.9B120.7B122.4B83.5B

ATT fundamental ratios Correlations

0.870.340.930.970.910.850.580.391.0-0.040.390.860.890.960.450.770.760.910.860.490.870.860.910.820.15
0.870.250.880.810.760.980.310.420.86-0.380.420.680.770.80.40.940.930.980.790.530.980.930.760.710.5
0.340.250.530.390.190.060.60.880.290.480.880.380.160.34-0.220.02-0.010.250.730.780.14-0.040.250.1-0.25
0.930.880.530.880.820.790.550.660.91-0.050.660.730.810.890.450.70.690.870.960.750.810.770.770.710.14
0.970.810.390.880.840.790.720.380.970.070.380.930.830.920.380.70.720.850.840.460.820.790.940.770.11
0.910.760.190.820.840.760.350.270.91-0.180.270.70.980.870.620.670.730.830.70.340.760.80.850.950.25
0.850.980.060.790.790.760.240.220.85-0.430.220.670.770.790.430.970.960.970.670.350.990.970.770.730.54
0.580.310.60.550.720.350.240.440.580.610.440.80.30.6-0.060.170.110.370.650.420.310.230.660.26-0.38
0.390.420.880.660.380.270.220.440.330.141.00.260.250.340.010.160.150.370.80.940.260.120.220.18-0.03
1.00.860.290.910.970.910.850.580.33-0.040.330.870.890.970.470.770.760.90.820.430.870.870.930.820.13
-0.04-0.380.48-0.050.07-0.18-0.430.610.14-0.040.140.29-0.210.08-0.28-0.47-0.53-0.290.090.09-0.34-0.430.04-0.22-0.76
0.390.420.880.660.380.270.220.441.00.330.140.260.250.340.010.160.150.370.80.940.260.120.220.18-0.03
0.860.680.380.730.930.70.670.80.260.870.290.260.680.870.260.590.590.750.720.310.720.680.940.66-0.02
0.890.770.160.810.830.980.770.30.250.89-0.210.250.680.840.710.660.770.830.680.350.770.810.830.960.29
0.960.80.340.890.920.870.790.60.340.970.080.340.870.840.430.710.670.860.80.420.810.830.910.74-0.01
0.450.4-0.220.450.380.620.43-0.060.010.47-0.280.010.260.710.430.270.490.440.240.170.390.540.430.680.21
0.770.940.020.70.70.670.970.170.160.77-0.470.160.590.660.710.270.920.920.60.280.960.930.690.630.59
0.760.93-0.010.690.720.730.960.110.150.76-0.530.150.590.770.670.490.920.910.570.280.950.930.710.750.65
0.910.980.250.870.850.830.970.370.370.9-0.290.370.750.830.860.440.920.910.790.480.980.940.850.80.47
0.860.790.730.960.840.70.670.650.80.820.090.80.720.680.80.240.60.570.790.820.710.610.710.590.07
0.490.530.780.750.460.340.350.420.940.430.090.940.310.350.420.170.280.280.480.820.40.250.260.260.05
0.870.980.140.810.820.760.990.310.260.87-0.340.260.720.770.810.390.960.950.980.710.40.950.790.730.52
0.860.93-0.040.770.790.80.970.230.120.87-0.430.120.680.810.830.540.930.930.940.610.250.950.810.750.45
0.910.760.250.770.940.850.770.660.220.930.040.220.940.830.910.430.690.710.850.710.260.790.810.820.15
0.820.710.10.710.770.950.730.260.180.82-0.220.180.660.960.740.680.630.750.80.590.260.730.750.820.42
0.150.5-0.250.140.110.250.54-0.38-0.030.13-0.76-0.03-0.020.29-0.010.210.590.650.470.070.050.520.450.150.42
Click cells to compare fundamentals

ATT Account Relationship Matchups

ATT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets552.0B525.8B551.6B402.9B407.1B219.0B
Short Long Term Debt Total185.0B179.4B200.0B154.7B154.9B162.6B
Other Current Liab5.0B4.8B3.7B2.0B2.0B1.9B
Total Current Liabilities68.6B63.4B85.6B56.2B51.1B31.3B
Total Stockholder Equity184.2B161.7B166.3B97.5B117.4B73.0B
Property Plant And Equipment Net154.4B152.0B150.1B149.3B149.4B78.9B
Net Debt172.8B169.7B178.8B151.0B148.2B155.6B
Retained Earnings57.9B37.5B42.4B(19.4B)(5.0B)(4.8B)
Cash12.1B9.7B21.2B3.7B6.7B4.8B
Non Current Assets Total497.1B473.8B491.6B369.7B351.0B195.6B
Non Currrent Assets Other(24.3B)(22.1B)(23.7B)(37.4B)(58.7B)(55.7B)
Cash And Short Term Investments12.1B9.7B21.2B3.7B6.7B4.8B
Net Receivables22.7B20.2B17.6B11.5B10.3B11.0B
Common Stock Shares Outstanding7.3B7.2B7.5B7.6B7.3B4.5B
Liabilities And Stockholders Equity552.0B525.8B551.6B402.9B407.1B219.0B
Non Current Liabilities Total281.4B283.1B282.2B240.2B145.4B109.9B
Inventory1.6B1.8B3.5B3.1B2.2B1.6B
Other Current Assets18.4B20.2B17.8B14.8B17.3B18.1B
Other Stockholder Equity113.2B112.3B112.8B106.5B112.5B118.2B
Total Liab350.0B346.5B367.8B296.4B289.6B304.1B
Total Current Assets54.8B52.0B60.0B33.1B36.5B22.8B
Short Term Debt11.4B3.5B25.9B7.6B9.5B6.9B
Intangible Assets157.6B146.3B159.5B129.4B132.5B139.1B
Accounts Payable46.0B49.0B50.7B42.6B35.9B37.6B
Current Deferred Revenue6.2B6.2B5.3B3.9B3.8B3.6B
Property Plant And Equipment Gross154.2B152.0B150.1B149.3B360.8B378.8B
Accumulated Other Comprehensive Income5.5B4.3B3.5B2.8B2.3B2.4B
Good Will146.2B135.3B133.2B67.9B67.9B73.7B
Short Term Investments8M54M29M38M80M76M
Other Liab104.4B107.1B108.1B86.6B99.6B63.5B
Other Assets33.8B38.4B41.6B19.6B19.6B19.0B
Long Term Debt149.4B153.8B152.8B128.4B127.9B88.0B
Treasury Stock(13.1B)(17.9B)(17.3B)(17.1B)(15.4B)(16.1B)
Property Plant Equipment130.1B14.8B150.1B149.3B171.6B104.8B
Net Tangible Assets(80.7B)(119.9B)(126.4B)(99.8B)(89.9B)(94.3B)
Noncontrolling Interest In Consolidated Entity17.7B17.6B17.5B9.0B10.3B6.5B
Retained Earnings Total Equity57.9B37.5B42.4B(19.4B)(22.3B)(21.2B)
Long Term Debt Total151.3B153.8B152.8B128.4B147.7B126.6B

Currently Active Assets on Macroaxis

When determining whether ATT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATT'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 Att Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Att Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for ATT Stock analysis

When running ATT's price analysis, check to measure ATT'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 ATT is operating at the current time. Most of ATT's value examination focuses on studying past and present price action to predict the probability of ATT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATT's price. Additionally, you may evaluate how the addition of ATT to your portfolios can decrease your overall portfolio volatility.
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Is ATT'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 ATT. If investors know ATT 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 ATT 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
(0.40)
Dividend Share
1.11
Earnings Share
1.97
Revenue Per Share
17.049
Quarterly Revenue Growth
0.022
The market value of ATT Inc is measured differently than its book value, which is the value of ATT that is recorded on the company's balance sheet. Investors also form their own opinion of ATT's value that differs from its market value or its book value, called intrinsic value, which is ATT'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 ATT's market value can be influenced by many factors that don't directly affect ATT'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 ATT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATT'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.