Cellnex Common Stock vs Total Liab Analysis

0R9C Stock   33.86  0.03  0.09%   
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 Common Stock and its Total Liab 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.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cellnex Telecom SA Common Stock account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cellnex Telecom's Common Stock and Total Liab is 0.91. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab 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 Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Cellnex Telecom SA are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Cellnex Telecom's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
 2019 2020 2023 2024 (projected)
Operating Income141.5M158.3M182.0M138.1M
Total Revenue1.0B1.6B1.8B1.1B

Cellnex Telecom fundamental ratios Correlations

1.00.941.0-0.840.970.991.01.00.951.0-0.831.00.63-0.731.00.85-0.921.00.910.950.880.91-0.90.90.75
1.00.940.99-0.830.970.991.01.00.951.0-0.850.990.64-0.731.00.84-0.931.00.90.950.880.9-0.90.90.75
0.940.940.94-0.930.940.980.950.940.990.95-0.760.940.7-0.820.940.72-0.870.940.910.980.940.94-0.970.940.8
1.00.990.94-0.850.970.990.991.00.941.0-0.81.00.62-0.721.00.85-0.921.00.910.940.880.91-0.90.90.75
-0.84-0.83-0.93-0.85-0.89-0.89-0.84-0.84-0.92-0.850.52-0.85-0.560.76-0.83-0.640.74-0.85-0.88-0.89-0.93-0.920.95-0.91-0.72
0.970.970.940.97-0.890.970.970.970.940.98-0.720.970.63-0.750.970.79-0.910.980.890.940.90.92-0.920.910.77
0.990.990.980.99-0.890.970.990.990.980.99-0.80.990.68-0.80.990.79-0.910.990.920.980.920.93-0.950.930.8
1.01.00.950.99-0.840.970.991.00.951.0-0.840.990.64-0.731.00.84-0.931.00.90.950.880.91-0.90.90.76
1.01.00.941.0-0.840.970.991.00.951.0-0.811.00.62-0.721.00.85-0.921.00.910.950.880.91-0.90.90.75
0.950.950.990.94-0.920.940.980.950.950.95-0.740.940.72-0.860.950.69-0.860.950.910.990.930.94-0.980.940.85
1.01.00.951.0-0.850.980.991.01.00.95-0.821.00.63-0.741.00.84-0.921.00.910.950.890.91-0.910.910.76
-0.83-0.85-0.76-0.80.52-0.72-0.8-0.84-0.81-0.74-0.82-0.8-0.580.53-0.84-0.770.84-0.81-0.74-0.75-0.68-0.70.67-0.7-0.53
1.00.990.941.0-0.850.970.990.991.00.941.0-0.80.62-0.721.00.85-0.921.00.910.940.880.91-0.90.90.75
0.630.640.70.62-0.560.630.680.640.620.720.63-0.580.62-0.820.640.3-0.70.620.770.740.790.78-0.760.80.76
-0.73-0.73-0.82-0.720.76-0.75-0.8-0.73-0.72-0.86-0.740.53-0.72-0.82-0.73-0.270.63-0.73-0.75-0.89-0.81-0.80.9-0.82-0.98
1.01.00.941.0-0.830.970.991.01.00.951.0-0.841.00.64-0.730.84-0.931.00.910.950.880.9-0.90.90.75
0.850.840.720.85-0.640.790.790.840.850.690.84-0.770.850.3-0.270.84-0.860.840.750.660.680.71-0.620.690.29
-0.92-0.93-0.87-0.920.74-0.91-0.91-0.93-0.92-0.86-0.920.84-0.92-0.70.63-0.93-0.86-0.92-0.87-0.85-0.84-0.870.83-0.85-0.6
1.01.00.941.0-0.850.980.991.01.00.951.0-0.811.00.62-0.731.00.84-0.920.910.950.890.91-0.910.910.76
0.910.90.910.91-0.880.890.920.90.910.910.91-0.740.910.77-0.750.910.75-0.870.910.90.980.99-0.920.990.71
0.950.950.980.94-0.890.940.980.950.950.990.95-0.750.940.74-0.890.950.66-0.850.950.90.920.93-0.970.930.89
0.880.880.940.88-0.930.90.920.880.880.930.89-0.680.880.79-0.810.880.68-0.840.890.980.921.0-0.961.00.75
0.910.90.940.91-0.920.920.930.910.910.940.91-0.70.910.78-0.80.90.71-0.870.910.990.931.0-0.961.00.76
-0.9-0.9-0.97-0.90.95-0.92-0.95-0.9-0.9-0.98-0.910.67-0.9-0.760.9-0.9-0.620.83-0.91-0.92-0.97-0.96-0.96-0.96-0.86
0.90.90.940.9-0.910.910.930.90.90.940.91-0.70.90.8-0.820.90.69-0.850.910.990.931.01.0-0.960.78
0.750.750.80.75-0.720.770.80.760.750.850.76-0.530.750.76-0.980.750.29-0.60.760.710.890.750.76-0.860.78
Click cells to compare fundamentals

Cellnex Telecom Account Relationship Matchups

Cellnex Telecom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B5.1B13.0B24.1B27.7B29.1B
Short Long Term Debt Total2.8B3.4B6.0B10.8B12.4B13.0B
Total Current Liabilities659.9M1.1B2.7B2.3B2.6B2.8B
Total Stockholder Equity467.4M477.9M4.2B8.0B9.2B9.7B
Retained Earnings134.1M732K(295.1M)(228.4M)(205.6M)(195.3M)
Cash55.0M50M80M3.2B3.7B3.8B
Other Assets293.1M524.5M750.3M735.2M845.5M887.8M
Long Term Debt2.5B3.0B5.1B9.3B10.7B11.2B
Cash And Short Term Investments310.0M459.7M2.4B4.7B5.4B5.6B
Net Receivables365.2M505.4M1.2B1.2B1.3B1.4B
Good Will566.6M582.5M1.3B2.7B3.1B3.2B
Short Term Investments14.9M3.8M2.0M2.1M1.9M1.8M
Inventory2.1M2.2M2.8M4.8M5.5M3.0M
Other Stockholder Equity48.6M131.6M(200.9M)(1.2B)(1.1B)(1.0B)
Total Liab4.0B4.7B8.9B16.1B18.5B19.4B
Total Current Assets2.7B5.2B5.1B2.3B2.6B2.6B
Treasury Stock(1.9M)(5.6M)(4.2M)(8.1M)(7.3M)(6.9M)
Intangible Assets1.4B1.3B4.6B9.4B10.8B11.3B
Common Stock96.3M121.7M169.8M176.6M203.1M116.0M
Property Plant Equipment4.1B6.4B11.7B14.1B16.3B17.1B
Other Current Liab162.0M375.9M890.4M933.9M1.1B539.2M
Other Liab1.3B3.3B6.0B6.5B7.5B3.9B
Net Tangible Assets(1.7B)(3.9B)(10.1B)(12.6B)(11.4B)(10.8B)
Accounts Payable219.6M315.5M505.0M561.3M645.5M385.9M
Other Current Assets2.0M2.1M3.2M55.1M63.4M66.5M

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