Chunghwa Good Will vs Accounts Payable Analysis

CHT Stock  USD 38.00  0.12  0.32%   
Chunghwa Telecom financial indicator trend analysis is way more than just evaluating Chunghwa Telecom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chunghwa Telecom is a good investment. Please check the relationship between Chunghwa Telecom Good Will and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chunghwa Telecom Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chunghwa Telecom's Good Will and Accounts Payable is 0.68. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Chunghwa Telecom Co, assuming nothing else is changed. The correlation between historical values of Chunghwa Telecom's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Chunghwa Telecom Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Chunghwa Telecom's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents Chunghwa Telecom obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Chunghwa Telecom are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Chunghwa Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chunghwa Telecom 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 Chunghwa Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Selling General Administrative is likely to drop to about 5.1 B in 2024. Tax Provision is likely to drop to about 9.2 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit74.3B375K81.4B69.9B
Total Revenue209.4B136.7B223.2B222.9B

Chunghwa Telecom fundamental ratios Correlations

0.650.590.690.83-0.360.610.650.360.30.920.5-0.250.920.390.470.630.68-0.380.690.790.590.410.710.85-0.03
0.650.910.850.36-0.34-0.060.880.690.670.530.85-0.720.430.760.150.550.61-0.790.020.330.870.850.350.26-0.02
0.590.910.920.38-0.45-0.040.970.840.490.560.96-0.690.310.590.040.770.31-0.92-0.120.170.830.970.440.130.27
0.690.850.920.56-0.70.080.950.790.520.610.95-0.710.480.60.290.750.45-0.84-0.040.40.880.890.580.30.1
0.830.360.380.56-0.550.660.480.260.080.770.36-0.020.810.160.570.550.49-0.230.60.720.420.220.850.77-0.09
-0.36-0.34-0.45-0.7-0.55-0.2-0.49-0.52-0.15-0.35-0.620.45-0.35-0.17-0.49-0.34-0.280.460.16-0.3-0.47-0.45-0.59-0.240.14
0.61-0.06-0.040.080.66-0.20.0-0.17-0.510.77-0.090.240.71-0.440.520.250.270.20.790.6-0.21-0.220.520.79-0.09
0.650.880.970.950.48-0.490.00.810.520.580.95-0.690.380.630.180.790.34-0.91-0.060.290.870.930.550.190.17
0.360.690.840.790.26-0.52-0.170.810.360.340.88-0.620.110.43-0.060.660.05-0.92-0.340.070.720.880.37-0.120.25
0.30.670.490.520.08-0.15-0.510.520.36-0.020.48-0.520.220.97-0.010.130.57-0.41-0.110.240.820.510.020.1-0.09
0.920.530.560.610.77-0.350.770.580.34-0.020.47-0.150.820.060.360.680.46-0.370.660.660.350.380.710.770.14
0.50.850.960.950.36-0.62-0.090.950.880.480.47-0.790.250.570.120.720.27-0.94-0.270.180.840.980.430.050.2
-0.25-0.72-0.69-0.71-0.020.450.24-0.69-0.62-0.52-0.15-0.79-0.15-0.62-0.33-0.28-0.350.750.36-0.2-0.73-0.75-0.010.040.21
0.920.430.310.480.81-0.350.710.380.110.220.820.25-0.150.280.630.340.76-0.10.810.930.410.120.620.96-0.25
0.390.760.590.60.16-0.17-0.440.630.430.970.060.57-0.620.280.130.220.61-0.51-0.070.290.890.590.090.14-0.18
0.470.150.040.290.57-0.490.520.18-0.06-0.010.360.12-0.330.630.13-0.010.560.00.40.670.24-0.050.420.6-0.74
0.630.550.770.750.55-0.340.250.790.660.130.680.72-0.280.340.22-0.010.01-0.680.110.210.550.710.580.230.53
0.680.610.310.450.49-0.280.270.340.050.570.460.27-0.350.760.610.560.01-0.080.510.690.540.170.270.72-0.55
-0.38-0.79-0.92-0.84-0.230.460.2-0.91-0.92-0.41-0.37-0.940.75-0.1-0.510.0-0.68-0.080.35-0.06-0.76-0.96-0.380.13-0.23
0.690.02-0.12-0.040.60.160.79-0.06-0.34-0.110.66-0.270.360.81-0.070.40.110.510.350.72-0.07-0.340.410.89-0.17
0.790.330.170.40.72-0.30.60.290.070.240.660.18-0.20.930.290.670.210.69-0.060.720.380.050.510.86-0.36
0.590.870.830.880.42-0.47-0.210.870.720.820.350.84-0.730.410.890.240.550.54-0.76-0.070.380.810.390.22-0.05
0.410.850.970.890.22-0.45-0.220.930.880.510.380.98-0.750.120.59-0.050.710.17-0.96-0.340.050.810.32-0.080.3
0.710.350.440.580.85-0.590.520.550.370.020.710.43-0.010.620.090.420.580.27-0.380.410.510.390.320.540.03
0.850.260.130.30.77-0.240.790.19-0.120.10.770.050.040.960.140.60.230.720.130.890.860.22-0.080.54-0.23
-0.03-0.020.270.1-0.090.14-0.090.170.25-0.090.140.20.21-0.25-0.18-0.740.53-0.55-0.23-0.17-0.36-0.050.30.03-0.23
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Chunghwa Telecom Account Relationship Matchups

Chunghwa Telecom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets457.3B506.4B513.1B523.2B523.7B496.9B
Other Current Liab27.7B39.4B38.4B40.3B43.0B30.7B
Total Current Liabilities59.4B71.4B64.3B65.7B67.8B52.8B
Total Stockholder Equity376.1B377.9B379.3B381.2B382.3B389.0B
Other Liab18.6B19.5B21.9B24.3B28.0B29.4B
Property Plant And Equipment Net285.0B292.4B300.2B302.6B303.6B242.0B
Net Debt(16.4B)7.8B(864.7M)(6.7B)9.8B10.3B
Retained Earnings126.6B128.2B130.9B132.5B152.5B112.7B
Accounts Payable12.1B15.6B18.1B16.4B14.4B15.9B
Cash25.1B30.4B39.8B50.2B33.8B32.9B
Non Current Assets Total387.4B424.6B422.0B421.3B421.5B400.6B
Non Currrent Assets Other24.1B23.0B22.3B24.6B30.5B32.1B
Other Assets25.9B27.1B26.1B13.9B(990.7M)(941.2M)
Cash And Short Term Investments27.9B36.6B44.8B53.8B52.4B39.0B
Common Stock Shares Outstanding776.8M776.7M776.5M776.5M7.8B8.2B
Liabilities And Stockholders Equity457.3B506.4B513.1B523.2B523.7B496.9B
Inventory14.8B14.6B14.2B14.7B13.8B8.8B
Other Current Assets16.6M4.0B4.0B4.4B5.5B5.8B
Other Stockholder Equity171.3B171.3B171.3B151.9B151.8B177.3B
Total Liab81.2B117.1B121.8B129.4B131.0B102.7B
Property Plant And Equipment Gross295.1B282.7B945.9B957.6B961.2B1.0T
Total Current Assets70.0B81.8B91.0B101.9B103.2B92.9B
Property Plant Equipment295.1B292.4B300.2B312.4B359.3B377.3B
Short Long Term Debt Total11.0B38.2B38.9B43.5B43.6B45.8B
Current Deferred Revenue16.7B13.4B12.2B13.4B(2.0B)(1.9B)
Net Receivables25.7B28.2B29.5B30.7B31.6B24.5B
Non Current Liabilities Total21.8B45.7B57.5B63.7B63.3B66.4B
Accumulated Other Comprehensive Income688.5M927.1M(408M)(223M)353M370.7M
Short Term Debt2.9B12.0B3.3B4.1B5.7B5.4B
Intangible Assets46.5B90.0B83.7B79.0B72.5B42.1B
Short Term Investments2.9B6.1B5.1B3.6B18.6B19.5B
Long Term Investments16.1B28.9B12.9B25.5B14.7B15.5B
Short Long Term Debt90M1.7B65M722M2.2B2.3B
Net Tangible Assets329.1B287.6B295.4B302.0B347.3B302.5B
Deferred Long Term Liab942.7M999.6M987.7M979.9M1.1B654.7M
Long Term Debt Total8.1B26.2B35.6B39.4B45.3B47.6B

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