Tamilnadu Change In Working Capital vs Change To Netincome Analysis

TNTELE Stock   9.47  0.05  0.53%   
Tamilnadu Telecommunicatio financial indicator trend analysis is much more than just breaking down Tamilnadu Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamilnadu Telecommunicatio is a good investment. Please check the relationship between Tamilnadu Telecommunicatio Change In Working Capital and its Change To Netincome accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamilnadu Telecommunication Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Change In Working Capital vs Change To Netincome

Change In Working Capital vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamilnadu Telecommunicatio Change In Working Capital account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tamilnadu Telecommunicatio's Change In Working Capital and Change To Netincome is -0.23. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Tamilnadu Telecommunication Limited, assuming nothing else is changed. The correlation between historical values of Tamilnadu Telecommunicatio's Change In Working Capital and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Tamilnadu Telecommunication Limited are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change In Working Capital i.e., Tamilnadu Telecommunicatio's Change In Working Capital and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Change To Netincome

Most indicators from Tamilnadu Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamilnadu Telecommunicatio 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 Tamilnadu Telecommunication Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 29, 2024, Selling General Administrative is expected to decline to about 837.9 K
 2021 2022 2023 2024 (projected)
Interest Expense11.6M92.1M106.9M112.2M
Depreciation And Amortization2.8M2.6M2.6M2.5M

Tamilnadu Telecommunicatio fundamental ratios Correlations

-0.55-0.450.220.46-0.33-0.84-0.44-0.460.64-0.48-0.84-0.59-0.22-0.37-0.72-0.5-0.13-0.050.25-0.460.960.150.240.28-0.33
-0.55-0.45-0.63-0.910.880.88-0.450.91-0.750.050.880.83-0.20.88-0.120.940.070.19-0.870.99-0.59-0.46-0.66-0.810.89
-0.45-0.450.530.54-0.66-0.071.0-0.55-0.010.28-0.08-0.230.41-0.560.93-0.430.19-0.120.72-0.52-0.340.570.620.68-0.67
0.22-0.630.530.67-0.83-0.550.53-0.810.32-0.12-0.55-0.38-0.11-0.80.28-0.660.290.040.7-0.630.370.690.640.75-0.78
0.46-0.910.540.67-0.92-0.840.54-0.940.58-0.16-0.84-0.730.24-0.810.21-0.870.11-0.060.97-0.90.570.660.850.96-0.91
-0.330.88-0.66-0.83-0.920.77-0.660.99-0.530.060.770.69-0.280.92-0.340.89-0.10.06-0.940.88-0.44-0.75-0.82-0.930.99
-0.840.88-0.07-0.55-0.840.77-0.080.85-0.780.341.00.83-0.030.740.280.860.050.09-0.710.82-0.86-0.48-0.62-0.70.76
-0.44-0.451.00.530.54-0.66-0.08-0.56-0.010.26-0.08-0.240.39-0.560.92-0.430.2-0.120.73-0.52-0.330.590.630.68-0.67
-0.460.91-0.55-0.81-0.940.990.85-0.56-0.60.130.850.74-0.230.92-0.220.91-0.080.07-0.920.9-0.55-0.73-0.81-0.920.98
0.64-0.75-0.010.320.58-0.53-0.78-0.01-0.60.0-0.78-0.660.02-0.51-0.27-0.85-0.34-0.20.47-0.720.610.060.230.38-0.52
-0.480.050.28-0.12-0.160.060.340.260.130.00.340.280.63-0.080.340.02-0.230.03-0.06-0.03-0.42-0.44-0.37-0.180.1
-0.840.88-0.08-0.55-0.840.771.0-0.080.85-0.780.340.84-0.030.740.270.860.050.09-0.710.83-0.86-0.48-0.62-0.70.76
-0.590.83-0.23-0.38-0.730.690.83-0.240.74-0.660.280.84-0.120.660.050.790.040.18-0.660.81-0.54-0.4-0.58-0.630.74
-0.22-0.20.41-0.110.24-0.28-0.030.39-0.230.020.63-0.03-0.12-0.280.33-0.19-0.190.080.31-0.23-0.180.040.140.22-0.29
-0.370.88-0.56-0.8-0.810.920.74-0.560.92-0.51-0.080.740.66-0.28-0.250.81-0.030.14-0.820.89-0.47-0.57-0.61-0.80.9
-0.72-0.120.930.280.21-0.340.280.92-0.22-0.270.340.270.050.33-0.25-0.10.19-0.110.44-0.21-0.630.40.380.39-0.35
-0.50.94-0.43-0.66-0.870.890.86-0.430.91-0.850.020.860.79-0.190.81-0.10.080.13-0.830.92-0.55-0.48-0.63-0.760.88
-0.130.070.190.290.11-0.10.050.2-0.08-0.34-0.230.050.04-0.19-0.030.190.080.210.150.08-0.10.270.240.26-0.12
-0.050.19-0.120.04-0.060.060.09-0.120.07-0.20.030.090.180.080.14-0.110.130.21-0.080.21-0.01-0.01-0.050.030.08
0.25-0.870.720.70.97-0.94-0.710.73-0.920.47-0.06-0.71-0.660.31-0.820.44-0.830.15-0.08-0.870.370.710.870.98-0.93
-0.460.99-0.52-0.63-0.90.880.82-0.520.9-0.72-0.030.830.81-0.230.89-0.210.920.080.21-0.87-0.51-0.44-0.64-0.810.88
0.96-0.59-0.340.370.57-0.44-0.86-0.33-0.550.61-0.42-0.86-0.54-0.18-0.47-0.63-0.55-0.1-0.010.37-0.510.260.360.41-0.41
0.15-0.460.570.690.66-0.75-0.480.59-0.730.06-0.44-0.48-0.40.04-0.570.4-0.480.27-0.010.71-0.440.260.910.76-0.75
0.24-0.660.620.640.85-0.82-0.620.63-0.810.23-0.37-0.62-0.580.14-0.610.38-0.630.24-0.050.87-0.640.360.910.89-0.83
0.28-0.810.680.750.96-0.93-0.70.68-0.920.38-0.18-0.7-0.630.22-0.80.39-0.760.260.030.98-0.810.410.760.89-0.92
-0.330.89-0.67-0.78-0.910.990.76-0.670.98-0.520.10.760.74-0.290.9-0.350.88-0.120.08-0.930.88-0.41-0.75-0.83-0.92
Click cells to compare fundamentals

Tamilnadu Telecommunicatio Account Relationship Matchups

Tamilnadu Telecommunicatio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets187.7M186.7M187.8M179.8M166.8M256.7M
Short Long Term Debt Total277.5M289.7M303.7M317.6M325.2M255.5M
Other Current Liab412.4M493.4M645.6M88.8M862.2M905.3M
Total Current Liabilities1.2B1.3B1.4B1.5B1.6B992.8M
Total Stockholder Equity(1.2B)(1.3B)(1.4B)(1.5B)(1.6B)(1.6B)
Property Plant And Equipment Net86.3M82.8M79.8M77.2M76.8M84.0M
Net Debt277.1M289.4M303.4M314.9M321.8M252.6M
Retained Earnings(1.7B)(1.8B)(1.9B)(2.1B)(2.2B)(2.1B)
Accounts Payable622.9M622.8M556.3M556.9M558.6M571.8M
Cash397K279.1K270.6K2.7M3.3M2.1M
Non Current Assets Total86.7M83.0M80.0M77.2M77.5M84.6M
Non Currrent Assets Other426.1K135.6K135.5K(18K)1M626.6K
Cash And Short Term Investments397K279.1K270.6K13.9M4.3M3.8M
Net Receivables78.7M81.2M70.7M68.1M46.7M44.4M
Liabilities And Stockholders Equity187.7M186.7M187.8M179.8M166.8M256.7M
Non Current Liabilities Total159.8M163.8M170.1M169.3M173.0M106.3M
Inventory28.1M27.9M10.8M10.8M9.0M8.5M
Other Current Assets7.6M7.7M96.7M16.9M29.4M26.8M
Other Stockholder Equity(1.4B)9.8M9.8M9.8M106.1M111.4M
Total Liab1.4B1.5B1.6B1.7B1.8B1.1B
Total Current Assets100.9M103.7M107.8M102.6M89.3M172.0M
Current Deferred Revenue407.4M489.1M573.5M653.4M751.4M789.0M
Short Term Debt161.0M173.1M187.1M201.1M208.6M155.1M
Other Liab43.3M47.2M53.6M52.7M60.7M37.6M
Net Tangible Assets(1.2B)(1.3B)(1.4B)(1.5B)(1.3B)(1.4B)
Short Long Term Debt161.0M173.1M187.1M201.1M208.6M176.3M
Property Plant Equipment86.3M82.8M79.8M77.2M69.5M72.4M
Cash And Equivalents4.0M4.1M4.3M6.9M6.2M4.7M
Net Invested Capital(890.8M)(976.7M)(1.1B)(1.2B)(1.3B)(1.4B)
Net Working Capital(1.1B)(1.2B)(1.3B)(1.4B)(1.5B)(1.6B)

Also Currently Popular

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.

Other Information on Investing in Tamilnadu Stock

Balance Sheet is a snapshot of the financial position of Tamilnadu Telecommunicatio at a specified time, usually calculated after every quarter, six months, or one year. Tamilnadu Telecommunicatio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tamilnadu Telecommunicatio and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tamilnadu currently owns. An asset can also be divided into two categories, current and non-current.