China Common Stock Shares Outstanding vs Current Deferred Revenue Analysis
601728 Stock | 6.42 0.21 3.17% |
China Telecom financial indicator trend analysis is way more than just evaluating China Telecom Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Telecom Corp is a good investment. Please check the relationship between China Telecom Common Stock Shares Outstanding and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Telecom 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 nation.
Common Stock Shares Outstanding vs Current Deferred Revenue
Common Stock Shares Outstanding vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Telecom Corp Common Stock Shares Outstanding account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Telecom's Common Stock Shares Outstanding and Current Deferred Revenue is 0.64. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of China Telecom Corp, assuming nothing else is changed. The correlation between historical values of China Telecom's Common Stock Shares Outstanding and Current Deferred Revenue 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 Shares Outstanding of China Telecom Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Shares Outstanding i.e., China Telecom's Common Stock Shares Outstanding and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from China Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Telecom 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 China Telecom 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 nation. The current year's Selling General Administrative is expected to grow to about 72.6 B, whereas Tax Provision is forecasted to decline to about 8.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 408.6B | 448.0B | 515.2B | 263.6B | Total Revenue | 439.6B | 481.4B | 513.6B | 307.5B |
China Telecom fundamental ratios Correlations
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China Telecom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of China Telecom Corp at a specified time, usually calculated after every quarter, six months, or one year. China Telecom Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Telecom and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.