| 0R9C Stock | | | 33.82 0.43 1.29% |
Cellnex Telecom financial indicator trend analysis is way more than just evaluating Cellnex Telecom SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cellnex Telecom SA is a good investment. Please check the relationship between Cellnex Telecom Cash And Short Term Investments and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cellnex Telecom SA. 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.
Cash And Short Term Investments vs Long Term Debt
Cash And Short Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cellnex Telecom SA Cash And Short Term Investments account and
Long Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Cellnex Telecom's Cash And Short Term Investments and Long Term Debt is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Cellnex Telecom SA, assuming nothing else is changed. The correlation between historical values of Cellnex Telecom's Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Cellnex Telecom SA are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Cellnex Telecom's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cellnex Telecom SA balance sheet. This account contains Cellnex Telecom investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cellnex Telecom SA fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Long Term Debt
Long-term debt is a debt that Cellnex Telecom SA has held for over one year. Long-term debt appears on Cellnex Telecom SA balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Cellnex Telecom SA balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Cellnex Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cellnex Telecom SA 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 Cellnex Telecom SA. 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.
Tax Provision is likely to gain to about (41.7
M) in 2024.
Selling General Administrative is likely to drop to about 163.4
M in 2024
Cellnex Telecom fundamental ratios Correlations
Click cells to compare fundamentals
Cellnex Telecom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cellnex Telecom fundamental ratios Accounts
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Additional Tools for Cellnex Stock Analysis
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measure Cellnex Telecom'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 Cellnex Telecom is operating at the current time. Most of Cellnex Telecom's value examination focuses on studying past and present price action to
predict the probability of Cellnex Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cellnex Telecom's price. Additionally, you may evaluate how the addition of Cellnex Telecom to your portfolios can decrease your overall portfolio volatility.