0LEE Stock | | | 31.03 0.07 0.23% |
Teradata Corp financial indicator trend analysis is much more than just breaking down Teradata Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teradata Corp is a good investment. Please check the relationship between Teradata Corp Depreciation and its Other Non Cash Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Teradata Corp. 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 Teradata Stock please use our
How to Invest in Teradata Corp guide.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Teradata Corp Depreciation account and
Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Teradata Corp's Depreciation and Other Non Cash Items is 0.55. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Teradata Corp, assuming nothing else is changed. The correlation between historical values of Teradata Corp's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Teradata Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Teradata Corp's Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Teradata Corp value has been used up. For tax purposes Teradata Corp can deduct the cost of the tangible assets it purchases as business expenses. However, Teradata Corp 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.
Other Non Cash Items
Most indicators from Teradata Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teradata Corp 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 Teradata Corp. 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 Teradata Stock please use our
How to Invest in Teradata Corp guide.
Selling General Administrative is likely to drop to about 702.4
M in 2024.
Tax Provision is likely to gain to about (130.8
M) in 2024
Teradata Corp fundamental ratios Correlations
Click cells to compare fundamentals
Teradata Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Teradata Corp fundamental ratios Accounts
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Additional Tools for Teradata Stock Analysis
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measure Teradata Corp'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 Teradata Corp is operating at the current time. Most of Teradata Corp's value examination focuses on studying past and present price action to
predict the probability of Teradata Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teradata Corp's price. Additionally, you may evaluate how the addition of Teradata Corp to your portfolios can decrease your overall portfolio volatility.