TDS Stock | | | USD 34.18 0.06 0.18% |
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 Long Term Investments and its Accumulated Depreciation 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.
Long Term Investments vs Accumulated Depreciation
Long Term Investments vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telephone and Data Long Term Investments account and
Accumulated Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telephone's Long Term Investments and Accumulated Depreciation is 0.79. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accumulated Depreciation 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 Long Term Investments and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Telephone and Data are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Long Term Investments i.e., Telephone's Long Term Investments and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Telephone balance sheet that represents investments Telephone and Data intends to hold for over a year. Telephone and Data long term investments may include different instruments such as stocks, bonds, real estate and cash.
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Telephone and Data fixed asset that has been charged to Telephone expense since that asset was acquired and made available for Telephone use. The accumulated depreciation account is Telephone and Data asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Telephone and Data.
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
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Additional Tools for Telephone Stock Analysis
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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.