Telephone Gross Profit vs Income Before Tax Analysis

TDS Stock  USD 34.91  0.82  2.41%   
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 Gross Profit and its Income Before Tax 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telephone and Data Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Telephone's Gross Profit and Income Before Tax is 0.32. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax 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 Gross Profit 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 Gross Profit of Telephone and Data 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 Gross Profit i.e., Telephone's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Telephone and Data minus its cost of goods sold. It is profit before Telephone operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Telephone income statement and is an important metric when analyzing Telephone and Data 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 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 closely tied 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

0.740.410.920.970.970.650.790.250.990.090.20.920.770.790.70.670.950.980.740.510.840.730.510.760.27
0.740.170.610.620.710.970.32-0.060.760.34-0.140.630.570.990.320.90.680.80.390.870.50.960.840.490.0
0.410.170.620.460.40.00.680.690.310.210.70.380.630.250.590.040.530.350.75-0.240.720.06-0.20.680.57
0.920.610.620.920.920.530.810.270.9-0.030.240.790.780.70.880.580.880.890.730.380.940.630.430.810.47
0.970.620.460.920.940.530.890.290.950.020.280.920.840.690.720.550.970.910.780.370.890.650.40.840.36
0.970.710.40.920.940.640.750.170.980.060.150.840.750.770.730.660.90.960.660.510.830.70.530.750.38
0.650.970.00.530.530.640.18-0.290.710.28-0.360.520.460.950.270.890.570.730.190.940.370.970.920.37-0.06
0.790.320.680.810.890.750.180.590.720.030.60.810.870.420.670.210.890.670.91-0.040.90.310.00.90.51
0.25-0.060.690.270.290.17-0.290.590.110.210.980.370.37-0.010.15-0.130.360.190.8-0.470.48-0.23-0.50.430.28
0.990.760.310.90.950.980.710.720.110.060.070.890.720.810.690.710.910.980.640.590.780.780.590.710.23
0.090.340.21-0.030.020.060.280.030.210.060.160.120.270.32-0.050.010.260.120.210.06-0.040.20.030.260.06
0.2-0.140.70.240.280.15-0.360.60.980.070.160.310.39-0.080.12-0.20.340.130.77-0.540.47-0.29-0.540.450.35
0.920.630.380.790.920.840.520.810.370.890.120.310.70.660.580.540.910.890.810.360.790.590.30.680.07
0.770.570.630.780.840.750.460.870.370.720.270.390.70.670.580.370.90.670.770.210.820.570.30.980.61
0.790.990.250.70.690.770.950.42-0.010.810.32-0.080.660.670.420.880.740.830.460.820.590.960.830.60.14
0.70.320.590.880.720.730.270.670.150.69-0.050.120.580.580.420.280.680.670.540.130.770.360.220.670.56
0.670.90.040.580.550.660.890.21-0.130.710.01-0.20.540.370.880.280.510.740.280.910.490.880.880.29-0.09
0.950.680.530.880.970.90.570.890.360.910.260.340.910.90.740.680.510.890.830.350.860.660.370.90.38
0.980.80.350.890.910.960.730.670.190.980.120.130.890.670.830.670.740.890.670.60.770.770.580.660.18
0.740.390.750.730.780.660.190.910.80.640.210.770.810.770.460.540.280.830.67-0.040.860.29-0.050.80.38
0.510.87-0.240.380.370.510.94-0.04-0.470.590.06-0.540.360.210.820.130.910.350.6-0.040.210.90.960.11-0.23
0.840.50.720.940.890.830.370.90.480.78-0.040.470.790.820.590.770.490.860.770.860.210.480.240.840.48
0.730.960.060.630.650.70.970.31-0.230.780.2-0.290.590.570.960.360.880.660.770.290.90.480.920.50.03
0.510.84-0.20.430.40.530.920.0-0.50.590.03-0.540.30.30.830.220.880.370.58-0.050.960.240.920.21-0.03
0.760.490.680.810.840.750.370.90.430.710.260.450.680.980.60.670.290.90.660.80.110.840.50.210.68
0.270.00.570.470.360.38-0.060.510.280.230.060.350.070.610.140.56-0.090.380.180.38-0.230.480.03-0.030.68
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 Liab273M442M130M366M184M271.2M
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)822M729.7M
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 Assets29M141M164M160M138M144.9M
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 Debt126M134M288M311M320M336M
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 Assets607M654M728M822M(1M)(950K)
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

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Additional Tools for Telephone Stock Analysis

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.