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 Total Liab and its Intangible Assets 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.
Total Liab vs Intangible Assets
Total Liab vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telenor ASA Total Liab account and
Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Telenor ASA's Total Liab and Intangible Assets is -0.97. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible Assets 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 Total Liab and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Telenor ASA are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., Telenor ASA's Total Liab and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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).
Telenor ASA fundamental ratios Correlations
Click cells to compare fundamentals
Telenor ASA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telenor ASA fundamental ratios Accounts
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Additional Tools for Telenor Stock Analysis
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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.