Telenor Good Will vs Common Stock Analysis

0G8C Stock

131.15 1.05 0.79%

Telenor ASA financial indicator trend analysis is much more than just breaking down Telenor ASA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telenor ASA is a good investment. Please check the relationship between Telenor ASA Good Will and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Telenor ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telenor ASA Good Will account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Telenor ASA's Good Will and Common Stock is -0.33. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock in the same time period over historical financial statements of Telenor ASA, assuming nothing else is changed. The correlation between historical values of Telenor ASA's Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Telenor ASA are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., Telenor ASA's Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock

Most indicators from Telenor ASA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telenor ASA 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Telenor ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Telenor ASA's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 15.3 B in 2024, despite the fact that Discontinued Operations is likely to grow to (5.8 B).

	2020	2021	2023	2024 (projected)
Interest Income	3.2B	3.1B	3.5B	3.3B
Tax Provision	6.4B	5.7B	5.2B	5.4B

Interest Income Tax Provision

Telenor ASA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Deferred Long Term Liab
Total Assets		0.94	-0.76	-0.82	-0.61	-0.75	0.77	0.94	-0.76	0.84	0.59	-0.73	-0.94	-0.42	-0.79	0.97	-0.65	-0.91	-0.77	0.96	-0.82	0.98	0.54	-0.01	0.85
Short Long Term Debt Total	0.94		-0.84	-0.94	-0.61	-0.83	0.85	1.0	-0.84	0.85	0.47	-0.73	-0.9	-0.41	-0.92	0.99	-0.74	-0.97	-0.71	0.97	-0.83	0.97	0.47	0.1	0.89
Total Current Liabilities	-0.76	-0.84		0.91	0.72	0.81	-0.87	-0.87	0.82	-0.7	-0.27	0.63	0.84	0.74	0.86	-0.83	0.94	0.78	0.88	-0.72	0.95	-0.88	-0.76	0.39	-0.95
Total Stockholder Equity	-0.82	-0.94	0.91		0.74	0.92	-0.87	-0.95	0.92	-0.77	-0.34	0.63	0.82	0.43	0.94	-0.92	0.89	0.93	0.77	-0.86	0.85	-0.9	-0.57	0.07	-0.94
Retained Earnings	-0.61	-0.61	0.72	0.74		0.71	-0.44	-0.62	0.69	-0.31	-0.62	0.11	0.55	0.32	0.5	-0.65	0.77	0.7	0.76	-0.54	0.76	-0.67	-0.71	0.47	-0.83
Cash	-0.75	-0.83	0.81	0.92	0.71		-0.87	-0.83	1.0	-0.79	-0.18	0.65	0.77	0.28	0.88	-0.84	0.88	0.82	0.77	-0.8	0.74	-0.81	-0.58	0.1	-0.83
Other Assets	0.77	0.85	-0.87	-0.87	-0.44	-0.87		0.86	-0.88	0.85	0.04	-0.82	-0.82	-0.57	-0.91	0.84	-0.86	-0.75	-0.71	0.78	-0.81	0.84	0.61	-0.1	0.81
Long Term Debt	0.94	1.0	-0.87	-0.95	-0.62	-0.83	0.86		-0.84	0.85	0.46	-0.73	-0.91	-0.46	-0.92	0.99	-0.77	-0.96	-0.74	0.95	-0.85	0.97	0.5	0.04	0.92
Cash And Short Term Investments	-0.76	-0.84	0.82	0.92	0.69	1.0	-0.88	-0.84		-0.81	-0.17	0.68	0.79	0.29	0.89	-0.85	0.87	0.82	0.77	-0.81	0.75	-0.83	-0.58	0.09	-0.83
Net Receivables	0.84	0.85	-0.7	-0.77	-0.31	-0.79	0.85	0.85	-0.81		0.09	-0.96	-0.91	-0.31	-0.9	0.85	-0.59	-0.76	-0.7	0.9	-0.62	0.86	0.31	0.18	0.67
Good Will	0.59	0.47	-0.27	-0.34	-0.62	-0.18	0.04	0.46	-0.17	0.09		0.08	-0.37	-0.1	-0.12	0.52	-0.19	-0.59	-0.33	0.48	-0.47	0.51	0.31	-0.08	0.51
Short Term Investments	-0.73	-0.73	0.63	0.63	0.11	0.65	-0.82	-0.73	0.68	-0.96	0.08		0.85	0.43	0.83	-0.72	0.5	0.6	0.62	-0.78	0.56	-0.75	-0.3	-0.15	-0.53
Inventory	-0.94	-0.9	0.84	0.82	0.55	0.77	-0.82	-0.91	0.79	-0.91	-0.37	0.85		0.56	0.86	-0.91	0.7	0.84	0.88	-0.91	0.84	-0.96	-0.59	0.12	-0.83
Other Current Assets	-0.42	-0.41	0.74	0.43	0.32	0.28	-0.57	-0.46	0.29	-0.31	-0.1	0.43	0.56		0.43	-0.4	0.63	0.31	0.63	-0.26	0.77	-0.52	-0.77	0.64	-0.59
Other Stockholder Equity	-0.79	-0.92	0.86	0.94	0.5	0.88	-0.91	-0.92	0.89	-0.9	-0.12	0.83	0.86	0.43		-0.89	0.78	0.86	0.72	-0.88	0.75	-0.87	-0.42	-0.09	-0.81
Total Liab	0.97	0.99	-0.83	-0.92	-0.65	-0.84	0.84	0.99	-0.85	0.85	0.52	-0.72	-0.91	-0.4	-0.89		-0.75	-0.97	-0.76	0.97	-0.85	0.98	0.52	0.04	0.91
Total Current Assets	-0.65	-0.74	0.94	0.89	0.77	0.88	-0.86	-0.77	0.87	-0.59	-0.19	0.5	0.7	0.63	0.78	-0.75		0.71	0.81	-0.61	0.9	-0.77	-0.83	0.46	-0.9
Intangible Assets	-0.91	-0.97	0.78	0.93	0.7	0.82	-0.75	-0.96	0.82	-0.76	-0.59	0.6	0.84	0.31	0.86	-0.97	0.71		0.68	-0.95	0.8	-0.93	-0.46	-0.11	-0.88
Common Stock	-0.77	-0.71	0.88	0.77	0.76	0.77	-0.71	-0.74	0.77	-0.7	-0.33	0.62	0.88	0.63	0.72	-0.76	0.81	0.68		-0.68	0.87	-0.84	-0.79	0.51	-0.85
Property Plant Equipment	0.96	0.97	-0.72	-0.86	-0.54	-0.8	0.78	0.95	-0.81	0.9	0.48	-0.78	-0.91	-0.26	-0.88	0.97	-0.61	-0.95	-0.68		-0.73	0.94	0.37	0.21	0.79
Other Current Liab	-0.82	-0.83	0.95	0.85	0.76	0.74	-0.81	-0.85	0.75	-0.62	-0.47	0.56	0.84	0.77	0.75	-0.85	0.9	0.8	0.87	-0.73		-0.89	-0.86	0.45	-0.95
Other Liab	0.98	0.97	-0.88	-0.9	-0.67	-0.81	0.84	0.97	-0.83	0.86	0.51	-0.75	-0.96	-0.52	-0.87	0.98	-0.77	-0.93	-0.84	0.94	-0.89		0.6	-0.1	0.93
Net Tangible Assets	0.54	0.47	-0.76	-0.57	-0.71	-0.58	0.61	0.5	-0.58	0.31	0.31	-0.3	-0.59	-0.77	-0.42	0.52	-0.83	-0.46	-0.79	0.37	-0.86	0.6		-0.77	0.72
Accounts Payable	-0.01	0.1	0.39	0.07	0.47	0.1	-0.1	0.04	0.09	0.18	-0.08	-0.15	0.12	0.64	-0.09	0.04	0.46	-0.11	0.51	0.21	0.45	-0.1	-0.77		-0.31
Deferred Long Term Liab	0.85	0.89	-0.95	-0.94	-0.83	-0.83	0.81	0.92	-0.83	0.67	0.51	-0.53	-0.83	-0.59	-0.81	0.91	-0.9	-0.88	-0.85	0.79	-0.95	0.93	0.72	-0.31

Click cells to compare fundamentals

Telenor ASA Account Relationship Matchups

Telenor ASA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	191.3B	248.9B	256.5B	225.7B	259.6B	247.3B
Short Long Term Debt Total	55.9B	116.0B	134.2B	115.9B	133.3B	104.2B
Total Current Liabilities	73.0B	60.5B	62.2B	53.8B	48.4B	52.5B
Total Stockholder Equity	49.4B	38.1B	38.3B	26.3B	23.7B	33.5B
Retained Earnings	58.4B	50.0B	55.0B	44.0B	39.6B	41.5B
Cash	18.5B	13.9B	20.6B	15.2B	13.7B	14.5B
Other Assets	13.4B	13.3B	9.0B	14.8B	17.1B	12.5B
Long Term Debt	55.1B	84.0B	98.6B	87.8B	101.0B	82.8B
Cash And Short Term Investments	19.1B	14.4B	21.0B	16.1B	14.5B	15.1B
Net Receivables	21.5B	21.9B	19.3B	17.1B	19.6B	20.9B
Good Will	14.4B	27.5B	28.9B	27.4B	31.6B	27.4B
Short Term Investments	592M	563M	399M	839M	755.1M	544.6M
Inventory	1.5B	1.3B	1.6B	1.6B	1.4B	1.3B
Other Current Assets	3.9B	245M	3.4B	118M	106.2M	100.9M
Other Stockholder Equity	(20.5B)	(25.2B)	(26.2B)	(24.2B)	(21.8B)	(22.8B)
Total Liab	141.8B	210.8B	218.2B	199.4B	229.4B	201.2B
Total Current Assets	46.9B	50.1B	43.8B	32.2B	29.0B	36.1B
Intangible Assets	36.4B	11.4B	11.2B	10.2B	9.2B	16.0B
Property Plant Equipment	142.6B	142.2B	124.3B	111.3B	128.0B	122.7B
Other Current Liab	19.2B	16.2B	19.0B	14.1B	12.7B	14.3B
Net Tangible Assets	(767M)	(1.8B)	(11.3B)	23.1B	26.6B	27.9B
Accounts Payable	9.4B	9.1B	9.1B	8.0B	7.2B	7.0B
Deferred Long Term Liab	3.6B	3.9B	4.1B	4.2B	4.8B	4.2B

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Telenor Stock Analysis

When running Telenor ASA's price analysis, check to measure Telenor ASA'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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Telenor Good Will vs Common Stock Analysis

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

Correlation Coefficient

Good Will

Common Stock

Telenor ASA fundamental ratios Correlations

Telenor ASA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Telenor ASA fundamental ratios Accounts

Also Currently Popular

Additional Tools for Telenor Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Long Term Debt
Other Liab	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Liab

Intangible Assets	- 0.97	Total Liab
Intangible Assets	- 0.97	Short Long Term Debt Total
Other Liab	- 0.96	Inventory
Short Term Investments	- 0.96	Net Receivables
Intangible Assets	- 0.96	Long Term Debt
Deferred Long Term Liab	- 0.95	Other Current Liab