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 Direction | Positive |
Relationship Strength | Very 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
Telephone fundamental ratios Correlations
Click cells to compare fundamentals
Telephone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telephone fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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.