Lumen Other Non Cash Items vs Depreciation Analysis

0HVP Stock   6.82  0.29  4.08%   
Lumen Technologies financial indicator trend analysis is infinitely more than just investigating Lumen Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lumen Technologies is a good investment. Please check the relationship between Lumen Technologies Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lumen Technologies. 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.
For more information on how to buy Lumen Stock please use our How to Invest in Lumen Technologies guide.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumen Technologies Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lumen Technologies' Other Non Cash Items and Depreciation is 0.3. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Lumen Technologies, assuming nothing else is changed. The correlation between historical values of Lumen Technologies' Other Non Cash Items and 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 Other Non Cash Items of Lumen Technologies are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Lumen Technologies' Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Non Cash Items

Depreciation

Depreciation indicates how much of Lumen Technologies value has been used up. For tax purposes Lumen Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, Lumen Technologies must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Lumen Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lumen Technologies 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 Lumen Technologies. 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.
For more information on how to buy Lumen Stock please use our How to Invest in Lumen Technologies guide.Selling General Administrative is likely to drop to about 2.7 B in 2024. Tax Provision is likely to drop to about 368.7 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit7.0B6.4B7.4B6.2B
Total Revenue19.7B17.5B14.6B15.0B

Lumen Technologies fundamental ratios Correlations

0.320.460.710.680.440.460.44-0.340.980.040.84-0.340.840.80.140.58-0.64-0.070.70.770.010.20.390.760.27
0.320.10.56-0.22-0.480.540.07-0.530.22-0.620.37-0.530.120.4-0.32-0.37-0.560.47-0.11-0.050.37-0.14-0.29-0.090.01
0.460.1-0.080.620.55-0.19-0.380.120.380.320.560.120.190.080.620.59-0.560.420.50.720.51-0.070.550.690.77
0.710.56-0.080.02-0.180.930.56-0.780.72-0.430.69-0.780.750.95-0.46-0.09-0.47-0.170.070.1-0.240.27-0.280.09-0.03
0.68-0.220.620.020.73-0.280.160.320.70.390.430.320.510.20.620.84-0.38-0.220.940.94-0.030.040.810.960.4
0.44-0.480.55-0.180.73-0.33-0.080.290.430.870.350.290.330.060.560.97-0.130.070.670.780.220.070.710.790.35
0.460.54-0.190.93-0.28-0.330.4-0.90.48-0.480.54-0.90.610.87-0.67-0.31-0.42-0.12-0.28-0.19-0.270.31-0.59-0.2-0.03
0.440.07-0.380.560.16-0.080.4-0.090.5-0.220.16-0.090.580.53-0.180.02-0.02-0.550.30.11-0.470.06-0.010.15-0.43
-0.34-0.530.12-0.780.320.29-0.9-0.09-0.340.39-0.541.0-0.43-0.750.560.310.46-0.080.370.230.14-0.250.560.25-0.11
0.980.220.380.720.70.430.480.5-0.340.020.78-0.340.910.820.070.56-0.61-0.250.690.74-0.180.260.340.740.23
0.04-0.620.32-0.430.390.87-0.48-0.220.390.020.070.390.0-0.240.490.770.210.150.360.440.28-0.210.540.450.17
0.840.370.560.690.430.350.540.16-0.540.780.07-0.540.650.790.170.41-0.580.190.390.550.210.070.280.530.52
-0.34-0.530.12-0.780.320.29-0.9-0.091.0-0.340.39-0.54-0.43-0.750.560.310.46-0.080.370.230.14-0.250.560.25-0.11
0.840.120.190.750.510.330.610.58-0.430.910.00.65-0.430.87-0.20.41-0.58-0.450.440.51-0.420.320.040.520.21
0.80.40.080.950.20.060.870.53-0.750.82-0.240.79-0.750.87-0.340.13-0.56-0.220.180.27-0.270.34-0.160.260.16
0.14-0.320.62-0.460.620.56-0.67-0.180.560.070.490.170.56-0.2-0.340.60.040.240.620.60.41-0.260.880.610.38
0.58-0.370.59-0.090.840.97-0.310.020.310.560.770.410.310.410.130.6-0.230.040.810.90.210.060.790.90.33
-0.64-0.56-0.56-0.47-0.38-0.13-0.42-0.020.46-0.610.21-0.580.46-0.58-0.560.04-0.23-0.14-0.25-0.48-0.1-0.160.01-0.44-0.56
-0.070.470.42-0.17-0.220.07-0.12-0.55-0.08-0.250.150.19-0.08-0.45-0.220.240.04-0.14-0.120.050.96-0.290.120.00.16
0.7-0.110.50.070.940.67-0.280.30.370.690.360.390.370.440.180.620.81-0.25-0.120.930.08-0.050.850.940.12
0.77-0.050.720.10.940.78-0.190.110.230.740.440.550.230.510.270.60.9-0.480.050.930.220.040.81.00.39
0.010.370.51-0.24-0.030.22-0.27-0.470.14-0.180.280.210.14-0.42-0.270.410.21-0.10.960.080.22-0.330.330.180.18
0.2-0.14-0.070.270.040.070.310.06-0.250.26-0.210.07-0.250.320.34-0.260.06-0.16-0.29-0.050.04-0.33-0.180.050.11
0.39-0.290.55-0.280.810.71-0.59-0.010.560.340.540.280.560.04-0.160.880.790.010.120.850.80.33-0.180.820.24
0.76-0.090.690.090.960.79-0.20.150.250.740.450.530.250.520.260.610.9-0.440.00.941.00.180.050.820.36
0.270.010.77-0.030.40.35-0.03-0.43-0.110.230.170.52-0.110.210.160.380.33-0.560.160.120.390.180.110.240.36
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Lumen Technologies Account Relationship Matchups

Lumen Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.7B59.4B58.0B45.6B34.0B43.8B
Other Current Liab2.2B2.0B3.6B1.6B1.7B1.9B
Total Current Liabilities7.3B6.6B7.2B4.9B3.5B5.8B
Total Stockholder Equity13.5B11.2B11.8B10.4B417M396.2M
Property Plant And Equipment Net27.8B28.0B20.9B19.2B19.8B23.8B
Net Debt34.8B33.2B30.2B20.8B19.1B26.7B
Retained Earnings(6.8B)(8.0B)(6.0B)(7.6B)(17.9B)(17.0B)
Accounts Payable1.3B805M758M1.0B1.1B888M
Cash1.7B409M356M1.3B2.2B2.3B
Non Current Assets Total60.3B56.5B46.7B40.4B29.2B40.1B
Non Currrent Assets Other1.4B1.4B2.8B2.4B1.8B1.9B
Other Assets1.1B1.1B1.2B832M209M198.6M
Cash And Short Term Investments1.7B409M356M1.3B2.2B2.3B
Net Receivables2.3B2.0B1.5B1.5B1.3B1.6B
Good Will21.5B18.9B16.0B12.7B2.0B1.9B
Common Stock Shares Outstanding1.1B1.1B1.1B1.0B983.1M897.5M
Non Current Liabilities Total44.0B41.6B39.0B30.3B30.1B38.0B
Other Current Assets341M340M9.1B2.2B1.0B1.9B
Other Stockholder Equity21.9B20.9B19.0B18.1B18.1B20.7B
Total Liab51.3B48.2B46.2B35.2B33.6B44.7B
Total Current Assets4.5B2.9B11.3B5.2B4.6B5.0B
Intangible Assets9.6B8.2B7.0B6.2B5.5B7.6B
Common Stock1.1B1.1B1.0B1.0B1.0B938.7M
Short Long Term Debt Total36.5B33.6B30.5B22.0B21.3B29.9B
Liabilities And Stockholders Equity64.7B59.4B58.0B45.6B34.0B43.9B
Accumulated Other Comprehensive Income(2.7B)(2.8B)(2.2B)(1.1B)(810M)(769.5M)
Short Term Debt2.7B2.8B1.9B498M425M403.8M
Current Deferred Revenue804M753M617M596M647M582.8M
Long Term Debt37.3B35.4B32.2B29.1B33.5B33.5B
Capital Surpluse23.3B22.9B21.9B20.9B24.0B22.9B
Property Plant Equipment27.8B28.0B22.3B20.5B23.6B26.5B
Other Liab10.3B10.8B10.4B8.8B8.0B8.0B
Net Tangible Assets(17.6B)(15.9B)(11.1B)(8.4B)(9.6B)(10.1B)

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