SKM Good Will vs Retained Earnings Analysis
SKM Stock | USD 22.66 0.04 0.18% |
SK Telecom financial indicator trend analysis is much more than just breaking down SK Telecom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SK Telecom is a good investment. Please check the relationship between SK Telecom Good Will and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SK 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 industry.
Good Will vs Retained Earnings
Good Will vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SK Telecom Good Will account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SK Telecom's Good Will and Retained Earnings is 0.88. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SK Telecom Co, assuming nothing else is changed. The correlation between historical values of SK Telecom's Good Will and Retained Earnings 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 SK Telecom Co are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., SK Telecom's Good Will and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from SK Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SK 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SK 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 industry. At this time, SK Telecom's Discontinued Operations is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 372.4 B, while Selling General Administrative is likely to drop about 2.3 T.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 16.7T | 17.3T | 17.6T | 14.5T | Depreciation And Amortization | 3.7T | 3.6T | 3.8T | 2.0T |
SK Telecom fundamental ratios Correlations
Click cells to compare fundamentals
SK Telecom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SK Telecom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.6T | 47.9T | 30.9T | 31.3T | 30.1T | 25.0T | |
Short Long Term Debt Total | 11.0T | 12.2T | 10.4T | 11.1T | 11.1T | 7.0T | |
Other Current Liab | 5.8T | 4.8T | 4.0T | 4.5T | 4.7T | 2.6T | |
Total Current Liabilities | 7.8T | 8.2T | 7.0T | 8.0T | 7.0T | 5.2T | |
Total Stockholder Equity | 23.0T | 23.7T | 11.6T | 11.3T | 11.4T | 12.5T | |
Property Plant And Equipment Net | 12.3T | 13.4T | 12.9T | 13.3T | 13.0T | 9.0T | |
Net Debt | 9.7T | 10.8T | 9.5T | 9.2T | 9.6T | 6.1T | |
Retained Earnings | 22.2T | 23.0T | 22.4T | 22.5T | 22.8T | 13.1T | |
Accounts Payable | 438.3B | 372.9B | 190.6B | 89.3B | 139.9B | 132.9B | |
Cash | 1.3T | 1.4T | 872.7B | 1.9T | 1.5T | 937.2B | |
Non Current Assets Total | 36.5T | 39.1T | 24.6T | 24.1T | 23.5T | 20.3T | |
Non Currrent Assets Other | 2.0T | 1.9T | 1.8T | 2.1T | 1.9T | 1.2T | |
Cash And Short Term Investments | 2.3T | 2.9T | 1.4T | 2.1T | 1.7T | 1.8T | |
Net Receivables | 3.3T | 3.4T | 2.6T | 2.1T | 2.5T | 3.4T | |
Common Stock Shares Outstanding | 218.8M | 221.1M | 332.9M | 218.1M | 217.5M | 300.3M | |
Short Term Investments | 997.3B | 1.6T | 513.7B | 237.2B | 294.9B | 280.2B | |
Liabilities And Stockholders Equity | 44.6T | 47.9T | 30.9T | 31.3T | 30.1T | 26.0T | |
Non Current Liabilities Total | 14.0T | 15.3T | 11.6T | 11.1T | 11.3T | 7.2T | |
Inventory | 162.9B | 171.4B | 204.6B | 166.4B | 179.8B | 125.5B | |
Other Current Assets | 220.7B | 3.5T | 2.9T | 3.0T | 2.7T | 2.8T | |
Other Stockholder Equity | 1.0T | 677.2B | (11.6T) | (11.2T) | (11.8T) | (11.2T) | |
Total Liab | 21.8T | 23.5T | 18.6T | 19.2T | 17.9T | 12.2T | |
Total Current Assets | 8.1T | 8.8T | 6.4T | 7.2T | 6.6T | 5.7T | |
Accumulated Other Comprehensive Income | (329.6B) | 40.1B | 735.2B | 391.2B | 387.2B | 406.6B | |
Short Term Debt | 1.3T | 1.4T | 1.8T | 2.5T | 2.0T | 1.4T | |
Intangible Assets | 4.9T | 4.4T | 3.9T | 3.3T | 2.9T | 3.1T | |
Other Liab | 4.4T | 4.5T | 3.0T | 2.5T | 2.9T | 3.0T | |
Other Assets | 2.1T | 2.0T | 1.8T | 1.6T | 30.1T | 31.6T | |
Long Term Debt | 9.2T | 9.7T | 7.4T | 7.2T | 7.4T | 7.8T | |
Treasury Stock | (2.0T) | (1.7T) | (2.1T) | (57.3B) | (51.6B) | (54.2B) | |
Property Plant Equipment | 12.9T | 13.4T | 12.9T | 13.3T | 15.3T | 16.1T | |
Current Deferred Revenue | 191.2B | 229.9B | 166.4B | 172.3B | 523.3B | 264.4B | |
Property Plant And Equipment Gross | 12.3T | 13.4T | 44.1T | 46.2T | 46.7T | 49.1T | |
Good Will | 2.9T | 3.4T | 2.1T | 2.1T | 2.4T | 2.1T | |
Deferred Long Term Liab | 1.2T | 992.3B | 977.4B | 996.5B | 1.1T | 1.2T | |
Long Term Investments | 14.2T | 16.0T | 3.9T | 3.3T | 3.6T | 3.4T | |
Short Long Term Debt | 1.0T | 1.0T | 1.4T | 2.1T | 1.6T | 1.3T | |
Net Tangible Assets | 15.1T | 16.0T | 5.6T | 5.9T | 6.8T | 9.7T |
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Is Wireless 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 SK Telecom. If investors know SKM 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 SK Telecom 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 (0.08) | Dividend Share 3.5 K | Earnings Share 1.97 | Revenue Per Share 46.3 K | Quarterly Revenue Growth 0.029 |
The market value of SK Telecom is measured differently than its book value, which is the value of SKM that is recorded on the company's balance sheet. Investors also form their own opinion of SK Telecom's value that differs from its market value or its book value, called intrinsic value, which is SK Telecom'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 SK Telecom's market value can be influenced by many factors that don't directly affect SK Telecom'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 SK Telecom's value and its price as these two are different measures arrived at by different means. Investors typically determine if SK Telecom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SK Telecom'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.