Consolidated Depreciation And Amortization vs Tax Provision Analysis

CNSL Stock  USD 4.63  0.01  0.22%   
Consolidated Communications financial indicator trend analysis is way more than just evaluating Consolidated Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consolidated Communications is a good investment. Please check the relationship between Consolidated Communications Depreciation And Amortization and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Consolidated Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Consolidated Stock please use our How to buy in Consolidated Stock guide.

Depreciation And Amortization vs Tax Provision

Depreciation And Amortization vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Consolidated Communications Depreciation And Amortization account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Consolidated Communications' Depreciation And Amortization and Tax Provision is -0.32. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Consolidated Communications, assuming nothing else is changed. The correlation between historical values of Consolidated Communications' Depreciation And Amortization and Tax Provision 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 And Amortization of Consolidated Communications are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Depreciation And Amortization i.e., Consolidated Communications' Depreciation And Amortization and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Consolidated Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consolidated Communications 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 Consolidated Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Consolidated Stock please use our How to buy in Consolidated Stock guide.At this time, Consolidated Communications' Discontinued Operations is quite stable compared to the past year. Enterprise Value is expected to rise to about 1.7 B this year, although the value of Selling General Administrative will most likely fall to about 169.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit712.6M644.6M283.1M411.2M
Total Revenue1.3B1.2B1.1B723.3M

Consolidated Communications fundamental ratios Correlations

0.980.70.960.371.0-0.530.420.690.980.460.910.980.740.980.980.820.570.30.980.930.16-0.180.830.830.82
0.980.580.990.270.99-0.570.30.611.00.390.831.00.630.950.960.830.530.290.990.970.15-0.130.80.790.75
0.70.580.520.470.65-0.150.560.920.550.80.850.580.790.710.710.420.790.030.620.5-0.12-0.330.860.870.7
0.960.990.520.150.98-0.540.180.570.990.380.80.990.530.930.940.810.520.240.990.960.15-0.140.790.780.73
0.370.270.470.150.29-0.340.970.350.270.080.410.260.860.350.30.30.080.40.250.260.080.080.20.210.34
1.00.990.650.980.29-0.520.330.660.990.440.890.990.670.970.970.820.560.280.990.940.16-0.190.830.820.8
-0.53-0.57-0.15-0.54-0.34-0.52-0.35-0.11-0.570.15-0.31-0.54-0.42-0.44-0.4-0.450.070.03-0.56-0.66-0.04-0.13-0.24-0.22-0.13
0.420.30.560.180.970.33-0.350.40.30.150.50.290.910.40.350.280.140.320.290.290.120.010.250.260.41
0.690.610.920.570.350.66-0.110.40.590.910.760.620.680.710.730.490.910.090.650.54-0.29-0.380.930.930.64
0.981.00.550.990.270.99-0.570.30.590.360.821.00.620.950.940.850.50.340.990.980.2-0.130.780.770.75
0.460.390.80.380.080.440.150.150.910.360.590.410.430.520.560.340.950.00.430.3-0.29-0.320.820.830.52
0.910.830.850.80.410.89-0.310.50.760.820.590.840.790.920.920.70.650.230.850.750.15-0.230.820.840.91
0.981.00.580.990.260.99-0.540.290.621.00.410.840.630.960.960.850.540.330.990.960.17-0.150.810.80.76
0.740.630.790.530.860.67-0.420.910.680.620.430.790.630.730.690.550.460.350.630.590.13-0.10.60.610.68
0.980.950.710.930.350.97-0.440.40.710.950.520.920.960.730.990.840.610.350.950.890.17-0.260.830.830.85
0.980.960.710.940.30.97-0.40.350.730.940.560.920.960.690.990.820.670.30.950.880.11-0.20.850.860.85
0.820.830.420.810.30.82-0.450.280.490.850.340.70.850.550.840.820.40.660.790.820.29-0.10.640.650.74
0.570.530.790.520.080.560.070.140.910.50.950.650.540.460.610.670.4-0.010.570.45-0.24-0.210.880.880.58
0.30.290.030.240.40.280.030.320.090.340.00.230.330.350.350.30.66-0.010.20.330.57-0.060.120.120.4
0.980.990.620.990.250.99-0.560.290.650.990.430.850.990.630.950.950.790.570.20.950.1-0.140.830.820.76
0.930.970.50.960.260.94-0.660.290.540.980.30.750.960.590.890.880.820.450.330.950.24-0.120.740.730.67
0.160.15-0.120.150.080.16-0.040.12-0.290.2-0.290.150.170.130.170.110.29-0.240.570.10.240.17-0.13-0.130.22
-0.18-0.13-0.33-0.140.08-0.19-0.130.01-0.38-0.13-0.32-0.23-0.15-0.1-0.26-0.2-0.1-0.21-0.06-0.14-0.120.17-0.34-0.35-0.2
0.830.80.860.790.20.83-0.240.250.930.780.820.820.810.60.830.850.640.880.120.830.74-0.13-0.341.00.71
0.830.790.870.780.210.82-0.220.260.930.770.830.840.80.610.830.860.650.880.120.820.73-0.13-0.351.00.74
0.820.750.70.730.340.8-0.130.410.640.750.520.910.760.680.850.850.740.580.40.760.670.22-0.20.710.74
Click cells to compare fundamentals

Consolidated Communications Account Relationship Matchups

Consolidated Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.5B3.7B3.9B3.6B2.2B
Short Long Term Debt Total2.3B2.2B2.1B2.1B2.2B1.4B
Total Stockholder Equity340.9M382.5M829.3M1.0B771.3M809.8M
Net Debt2.3B2.0B2.0B1.8B2.2B1.3B
Cash12.4M155.6M99.6M325.9M4.8M4.5M
Non Current Assets Total3.2B3.2B3.3B3.3B3.4B2.0B
Non Currrent Assets Other(118.1M)(35.4M)(136.3M)(213.0M)44.0M46.2M
Cash And Short Term Investments12.4M155.6M210.4M413.8M4.8M4.5M
Common Stock Shares Outstanding70.8M72.8M87.3M111.8M113.1M118.8M
Liabilities And Stockholders Equity3.4B3.5B3.7B3.9B3.9B2.2B
Non Current Liabilities Total2.8B2.8B2.6B2.6B2.5B1.7B
Other Current Assets41.8M46.4M82.9M63.0M127.3M133.7M
Other Stockholder Equity492.2M525.7M740.7M720.4M681.8M348.5M
Total Liab3.0B3.1B2.9B2.8B3.1B1.9B
Total Current Assets176.9M340.7M427.8M598.1M256.2M178.4M
Other Current Liab140.3M178.1M183.6M174.3M186.0M101.1M
Total Current Liabilities244.3M270.5M285.5M266.9M317.2M172.9M
Other Liab502.9M914.9M471.9M423.0M486.5M291.1M
Accounts Payable30.9M25.3M41.0M33.1M60.1M63.1M
Other Assets31.2M360.7M58.1M37.5M1.00.95
Long Term Debt2.3B1.9B2.1B2.1B2.1B1.5B
Intangible Assets174.6M124.0M84.5M53.6M29.2M27.7M
Property Plant Equipment1.8B1.8B2.0B2.2B2.6B2.7B
Property Plant And Equipment Net1.8B1.8B2.0B2.2B2.5B2.6B
Current Deferred Revenue45.7M49.5M53.0M46.7M44.5M34.9M
Retained Earnings(71.2M)(34.5M)(141.6M)(11.9M)(262.4M)(249.3M)
Net Receivables122.7M138.7M134.5M121.3M124.1M90.2M
Common Stock Total Equity720K792K1.1M1.2M1.3M1.4M
Property Plant And Equipment Gross1.8B1.8B4.7B5.0B5.5B5.7B
Accumulated Other Comprehensive Income(80.9M)(109.4M)(59.6M)(610K)(21.9M)(23.0M)
Short Term Debt27.3M17.6M8.0M12.8M53.4M56.0M
Common Stock720K792K1.1M1.2M1.2M593.7K
Net Tangible Assets(858.5M)(776.7M)(557.0M)54.6M62.8M65.9M
Noncontrolling Interest In Consolidated Entity6.4M6.7M7.1M7.7M8.8M5.8M
Retained Earnings Total Equity(71.2M)(34.5M)(141.6M)(11.9M)(10.7M)(11.2M)
Long Term Debt Total2.3B1.9B2.1B2.1B2.4B1.9B
Capital Surpluse492.2M525.7M740.7M720.4M828.5M446.4M

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When determining whether Consolidated Communications is a strong investment it is important to analyze Consolidated Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Consolidated Communications' future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Consolidated Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Consolidated Stock please use our How to buy in Consolidated Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Consolidated Communications. If investors know Consolidated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Consolidated Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Consolidated Communications is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Communications' value that differs from its market value or its book value, called intrinsic value, which is Consolidated Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Consolidated Communications' market value can be influenced by many factors that don't directly affect Consolidated Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Consolidated Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.