Telefonaktiebolaget Ev To Sales vs Ptb Ratio Analysis
ERIC Stock | USD 8.16 0.02 0.25% |
Telefonaktiebolaget financial indicator trend analysis is much more than just breaking down Telefonaktiebolaget prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telefonaktiebolaget is a good investment. Please check the relationship between Telefonaktiebolaget Ev To Sales and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Ev To Sales vs Ptb Ratio
Ev To Sales vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telefonaktiebolaget Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Telefonaktiebolaget's Ev To Sales and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Telefonaktiebolaget LM Ericsson, assuming nothing else is changed. The correlation between historical values of Telefonaktiebolaget's Ev To Sales and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Telefonaktiebolaget LM Ericsson are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Telefonaktiebolaget's Ev To Sales and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Telefonaktiebolaget's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonaktiebolaget 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The current year's Tax Provision is expected to grow to about 4.9 B, whereas Selling General Administrative is forecasted to decline to about 29.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 100.7B | 113.3B | 104.4B | 66.2B | Total Revenue | 232.3B | 271.5B | 263.4B | 177.7B |
Telefonaktiebolaget fundamental ratios Correlations
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Telefonaktiebolaget Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telefonaktiebolaget fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 276.4B | 271.5B | 305.6B | 349.5B | 297.0B | 209.0B | |
Short Long Term Debt Total | 47.6B | 39.5B | 41.1B | 42.2B | 54.3B | 28.6B | |
Other Current Liab | 45.6B | 67.7B | 76.5B | 96.1B | 78.2B | 41.5B | |
Total Current Liabilities | 116.8B | 114.3B | 127.0B | 145.6B | 129.4B | 78.6B | |
Total Stockholder Equity | 82.6B | 86.7B | 108.8B | 134.8B | 98.7B | 85.7B | |
Property Plant And Equipment Net | 22.3B | 21.4B | 21.5B | 22.1B | 18.5B | 14.8B | |
Net Debt | 2.5B | (4.2B) | (12.9B) | 3.9B | 19.1B | 20.1B | |
Retained Earnings | 38.9B | 48.0B | 66.9B | 85.2B | 50.5B | 52.4B | |
Cash | 45.1B | 43.6B | 54.1B | 38.3B | 35.2B | 28.2B | |
Non Current Assets Total | 122.5B | 121.7B | 130.8B | 175.7B | 142.0B | 149.2B | |
Non Currrent Assets Other | 2.3B | 1.2B | 568M | 415M | 9.4B | 9.8B | |
Cash And Short Term Investments | 51.8B | 50.4B | 67.0B | 47.1B | 44.8B | 47.3B | |
Net Receivables | 71.2B | 55.3B | 58.6B | 63.2B | 55.8B | 60.1B | |
Common Stock Shares Outstanding | 3.3B | 3.3B | 3.3B | 3.3B | 3.3B | 2.7B | |
Liabilities And Stockholders Equity | 276.4B | 271.5B | 305.6B | 349.5B | 297.0B | 209.0B | |
Non Current Liabilities Total | 77.7B | 72.0B | 71.6B | 70.6B | 83.3B | 43.8B | |
Inventory | 30.9B | 28.1B | 35.2B | 45.8B | 36.2B | 24.3B | |
Other Current Assets | 1.4B | 16.0B | 14.0B | 17.7B | 18.4B | 19.3B | |
Total Liab | 194.5B | 186.4B | 198.5B | 216.2B | 199.6B | 122.1B | |
Property Plant And Equipment Gross | 22.3B | 21.4B | 21.5B | 22.1B | 66.2B | 69.5B | |
Total Current Assets | 153.9B | 149.8B | 174.8B | 173.8B | 155.0B | 139.7B | |
Accumulated Other Comprehensive Income | 2.3B | (2.7B) | 454M | 8.2B | 6.8B | 7.1B | |
Short Term Debt | 11.7B | 10.1B | 11.8B | 8.5B | 19.9B | 20.9B | |
Accounts Payable | 30.4B | 32.0B | 35.7B | 38.4B | 27.8B | 21.6B | |
Current Deferred Revenue | 29.0B | 26.4B | 32.8B | 42.3B | 34.4B | 23.4B | |
Intangible Assets | 6.5B | 8.7B | 7.4B | 30.0B | 27.3B | 15.8B | |
Other Liab | 41.8B | 42.7B | 42.2B | 36.8B | 42.4B | 44.5B | |
Long Term Debt | 28.3B | 22.2B | 22.2B | 26.9B | 29.2B | 30.7B | |
Good Will | 31.2B | 34.9B | 38.2B | 84.6B | 52.9B | 29.0B | |
Short Term Investments | 6.8B | 6.8B | 12.9B | 8.7B | 9.6B | 9.1B | |
Property Plant Equipment | 22.3B | 21.4B | 21.5B | 22.1B | 25.4B | 26.7B | |
Other Assets | 37.5B | 31.4B | 33.4B | 30.4B | 34.8B | 36.5B | |
Deferred Long Term Liab | 4.0B | 3.9B | 3.5B | 3.7B | 4.3B | 3.9B | |
Long Term Investments | 31.2B | 30.5B | 40.6B | 19.2B | 20.9B | 23.6B | |
Short Long Term Debt | 9.4B | 7.9B | 9.6B | 6.0B | 17.7B | 18.5B | |
Net Tangible Assets | 48.9B | 46.9B | 66.7B | 23.9B | 27.5B | 47.5B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Communications Equipment 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 Telefonaktiebolaget. If investors know Telefonaktiebolaget 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 Telefonaktiebolaget listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.707 | Dividend Share 2.7 | Earnings Share (0.04) | Revenue Per Share 74.095 | Quarterly Revenue Growth (0.04) |
The market value of Telefonaktiebolaget is measured differently than its book value, which is the value of Telefonaktiebolaget that is recorded on the company's balance sheet. Investors also form their own opinion of Telefonaktiebolaget's value that differs from its market value or its book value, called intrinsic value, which is Telefonaktiebolaget's 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 Telefonaktiebolaget's market value can be influenced by many factors that don't directly affect Telefonaktiebolaget's 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 Telefonaktiebolaget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefonaktiebolaget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefonaktiebolaget's 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.