Qwest Total Current Assets vs Intangible Assets Analysis
CTDD Stock | USD 17.50 0.09 0.52% |
Qwest Corp financial indicator trend analysis is much more than just breaking down Qwest Corp 6 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qwest Corp 6 is a good investment. Please check the relationship between Qwest Corp Total Current Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qwest Corp 6. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Current Assets vs Intangible Assets
Total Current Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qwest Corp 6 Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qwest Corp's Total Current Assets and Intangible Assets is 0.68. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Qwest Corp 6, assuming nothing else is changed. The correlation between historical values of Qwest Corp's Total Current Assets and Intangible 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 Current Assets of Qwest Corp 6 are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Qwest Corp's Total Current Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Qwest Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qwest Corp 6 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 Qwest Corp 6. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. The current year's Selling General Administrative is expected to grow to about 951.7 M, whereas Tax Provision is forecasted to decline to about 505.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 181M | 112M | 100.8M | 95.8M | Depreciation And Amortization | 1.7B | 860M | 989M | 939.6M |
Qwest Corp fundamental ratios Correlations
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Qwest Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qwest Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.0B | 59.4B | 58.0B | 45.6B | 34.0B | 27.9B | |
Short Long Term Debt Total | 6.0B | 32.2B | 29.4B | 20.9B | 20.1B | 12.0B | |
Other Current Liab | 1.7B | 1.9B | 3.9B | 2.8B | 1.5B | 2.0B | |
Total Current Liabilities | 3.4B | 6.6B | 7.2B | 4.8B | 3.5B | 3.7B | |
Total Stockholder Equity | 10.1B | 11.2B | 11.8B | 10.4B | 417M | 396.2M | |
Property Plant And Equipment Net | 8.3B | 26.3B | 20.9B | 19.2B | 19.8B | 13.5B | |
Current Deferred Revenue | 201M | 753M | 617M | 596M | 647M | 462.1M | |
Net Debt | 6.0B | 31.8B | 29.0B | 19.7B | 17.9B | 11.6B | |
Retained Earnings | 67M | (8.0B) | (6.0B) | (7.5B) | (17.9B) | (17.0B) | |
Accounts Payable | 441M | 403M | 1.1B | 758M | 950M | 599.1M | |
Cash | 2M | 406M | 354M | 1.3B | 2.2B | 2.3B | |
Non Current Assets Total | 18.5B | 56.2B | 46.5B | 40.2B | 29.2B | 24.9B | |
Non Currrent Assets Other | (631M) | 2.8B | 2.6B | 2.2B | 2.1B | 1.5B | |
Cash And Short Term Investments | 2M | 406M | 354M | 1.3B | 2.2B | 2.3B | |
Net Receivables | 514M | 2.0B | 1.5B | 1.5B | 1.3B | 1.1B | |
Liabilities And Stockholders Equity | 21.0B | 59.4B | 58.0B | 45.6B | 34.0B | 27.9B | |
Non Current Liabilities Total | 7.5B | 41.6B | 39.0B | 30.3B | 30.1B | 17.2B | |
Other Current Assets | 2.0B | 808M | 829M | 803M | 1.2B | 930.2M | |
Total Liab | 10.9B | 48.2B | 46.2B | 35.1B | 33.6B | 20.9B | |
Total Current Assets | 2.5B | 3.2B | 11.5B | 5.4B | 4.8B | 2.9B | |
Short Term Debt | 1.1B | 2.8B | 1.9B | 498M | 268M | 254.6M | |
Net Tangible Assets | (1.8B) | (696M) | (22M) | 395M | 454.3M | 477.0M | |
Retained Earnings Total Equity | (713M) | (182M) | 67M | 48M | 55.2M | 58.0M | |
Long Term Debt Total | 7.3B | 5.9B | 4.8B | 2.4B | 2.1B | 2.0B | |
Property Plant Equipment | 7.9B | 8.1B | 8.3B | 8.3B | 9.6B | 8.5B | |
Deferred Long Term Liab | 1.1B | 2.5B | 2.6B | 2.6B | 2.3B | 1.9B |
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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 Qwest Corp 6 is a strong investment it is important to analyze Qwest Corp'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 Qwest Corp's future performance. For an informed investment choice regarding Qwest Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qwest Corp 6. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Diversified Telecommunication Services space 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 Qwest Corp. If investors know Qwest 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 Qwest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1000 K |
The market value of Qwest Corp 6 is measured differently than its book value, which is the value of Qwest that is recorded on the company's balance sheet. Investors also form their own opinion of Qwest Corp's value that differs from its market value or its book value, called intrinsic value, which is Qwest Corp'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 Qwest Corp's market value can be influenced by many factors that don't directly affect Qwest Corp'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 Qwest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qwest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qwest Corp'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.