Total Current Deferred Revenue from 2010 to 2026
| TOT Stock | CAD 17.44 0.08 0.46% |
Current Deferred Revenue | First Reported 2008-12-31 | Previous Quarter 47.7 M | Current Value 80.4 M | Quarterly Volatility 21.2 M |
Check Total Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Total Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 109.1 M, Interest Expense of 5.2 M or Selling General Administrative of 59.4 M, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0318 or PTB Ratio of 1.45. Total financial statements analysis is a perfect complement when working with Total Energy Valuation or Volatility modules.
Total | Current Deferred Revenue |
Evaluating Total Energy's Current Deferred Revenue across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Total Energy Services's fundamental strength.
Latest Total Energy's Current Deferred Revenue Growth Pattern
Below is the plot of the Current Deferred Revenue of Total Energy Services over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Total Energy's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Total Energy's overall financial position and show how it may be relating to other accounts over time.
| Current Deferred Revenue | 10 Years Trend |
|
Current Deferred Revenue |
| Timeline |
Total Current Deferred Revenue Regression Statistics
| Arithmetic Mean | 23,522,173 | |
| Geometric Mean | 14,497,028 | |
| Coefficient Of Variation | 90.96 | |
| Mean Deviation | 18,583,165 | |
| Median | 13,573,000 | |
| Standard Deviation | 21,396,348 | |
| Sample Variance | 457.8T | |
| Range | 61.6M | |
| R-Value | 0.81 | |
| Mean Square Error | 167.3T | |
| R-Squared | 0.66 | |
| Significance | 0.000079 | |
| Slope | 3,435,426 | |
| Total Sum of Squares | 7324.9T |
Total Current Deferred Revenue History
About Total Energy Financial Statements
Total Energy investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Total Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 54.3 M | 57 M |
Pair Trading with Total Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Total Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Total Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Total Stock
| 0.85 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.74 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.87 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Total Stock
| 0.85 | MSFT | Microsoft CDR | PairCorr |
| 0.85 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.83 | SAGE | Sage Potash Corp | PairCorr |
| 0.73 | ENS-PA | E Split Corp | PairCorr |
| 0.62 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Total Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Total Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Total Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Total Energy Services to buy it.
The correlation of Total Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Total Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Total Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Total Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Total Stock
Total Energy financial ratios help investors to determine whether Total Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Total with respect to the benefits of owning Total Energy security.