Telus Historical Balance Sheet
T Stock | CAD 21.79 0.06 0.28% |
Trend analysis of Telus Corp balance sheet accounts such as Total Stockholder Equity of 9.4 B, Property Plant And Equipment Net of 11.1 B, Net Debt of 27.9 B or Retained Earnings of 2.5 B provides information on Telus Corp's total assets, liabilities, and equity, which is the actual value of Telus Corp to its prevalent stockholders. By breaking down trends over time using Telus Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Telus Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Telus Corp is a good buy for the upcoming year.
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About Telus Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Telus Corp at a specified time, usually calculated after every quarter, six months, or one year. Telus Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Telus Corp 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 Telus currently owns. An asset can also be divided into two categories, current and non-current.
Telus Corp Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Telus Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Telus Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents Telus Corp 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 Telus Corp 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 accounts from Telus Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Telus Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Telus 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 estimate. To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.At this time, Telus Corp's Cash And Short Term Investments are very stable compared to the past year. As of the 29th of November 2024, Net Receivables is likely to grow to about 4.5 B, while Other Current Liabilities is likely to drop about 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 21.0B | 25.1B | 27.5B | 28.8B | Total Assets | 48.0B | 54.0B | 56.1B | 58.9B |
Telus Corp balance sheet Correlations
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Telus Corp Account Relationship Matchups
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Telus Corp balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.0B | 43.3B | 48.0B | 54.0B | 56.1B | 58.9B | |
Short Long Term Debt Total | 18.6B | 20.4B | 21.0B | 25.1B | 27.5B | 28.8B | |
Other Current Liab | 2.7B | 2.8B | 3.1B | 3.4B | 3.4B | 2.1B | |
Total Current Liabilities | 5.6B | 5.9B | 8.3B | 8.3B | 9.5B | 10.0B | |
Total Stockholder Equity | 10.5B | 12.1B | 15.1B | 16.6B | 16.1B | 9.4B | |
Property Plant And Equipment Net | 14.2B | 15.0B | 15.9B | 17.1B | 17.2B | 11.1B | |
Net Debt | 18.0B | 19.5B | 20.2B | 24.2B | 26.6B | 27.9B | |
Retained Earnings | 4.4B | 3.7B | 4.3B | 4.1B | 2.8B | 2.5B | |
Accounts Payable | 892M | 855M | 1.2B | 1.4B | 996M | 793.3M | |
Cash | 535M | 848M | 723M | 974M | 864M | 907.2M | |
Non Current Assets Total | 33.6B | 38.6B | 43.0B | 48.0B | 49.8B | 25.1B | |
Non Currrent Assets Other | 82M | 119M | 1.7B | 1.9B | 1.9B | 2.0B | |
Cash And Short Term Investments | 535M | 848M | 723M | 974M | 864M | 907.2M | |
Net Receivables | 2.8B | 2.9B | 3.3B | 3.9B | 4.2B | 4.5B | |
Common Stock Shares Outstanding | 1.2B | 1.3B | 1.4B | 1.4B | 1.5B | 1.4B | |
Liabilities And Stockholders Equity | 38.0B | 43.3B | 48.0B | 54.0B | 56.1B | 58.9B | |
Non Current Liabilities Total | 21.7B | 24.8B | 23.7B | 28.1B | 29.4B | 30.8B | |
Other Current Assets | 555M | 480M | 534M | 700M | 718M | 419.9M | |
Other Stockholder Equity | 398M | 534M | 1.0B | 956M | 997M | 1.8B | |
Total Liab | 27.3B | 30.7B | 31.9B | 36.4B | 38.8B | 40.8B | |
Property Plant And Equipment Gross | 14.2B | 15.0B | 42.8B | 45.5B | 47.4B | 49.8B | |
Total Current Assets | 4.4B | 4.7B | 5.0B | 6.1B | 6.3B | 6.6B | |
Short Term Debt | 1.4B | 1.5B | 3.0B | 2.6B | 4.1B | 4.3B | |
Intangible Assets | 12.8B | 15.0B | 17.5B | 19.2B | 19.7B | 20.7B | |
Inventory | 437M | 407M | 448M | 537M | 484M | 322.2M | |
Accumulated Other Comprehensive Income | 119M | 117M | 203M | 110M | (44M) | (46.2M) | |
Good Will | 5.3B | 7.2B | 7.3B | 9.2B | 10.1B | 5.0B | |
Current Deferred Revenue | 675M | 772M | 854M | 891M | 736M | 780.3M | |
Common Stock Total Equity | 5.2B | 5.4B | 5.7B | 7.7B | 8.8B | 6.1B | |
Common Stock | 5.7B | 7.7B | 9.6B | 11.4B | 12.3B | 7.6B | |
Other Liab | 4.6B | 5.8B | 5.7B | 5.6B | 6.4B | 4.7B | |
Net Tangible Assets | (7.6B) | (10.2B) | (9.7B) | (11.8B) | (10.6B) | (11.1B) | |
Other Assets | 1.1B | 1.1B | 1.8B | 909M | 1.0B | 982.7M | |
Long Term Debt | 17.1B | 18.9B | 17.9B | 22.5B | 23.4B | 16.5B | |
Long Term Investments | 113M | 306M | 497M | 609M | 826M | 867.3M | |
Short Long Term Debt | 1.4B | 1.5B | 3.0B | 2.6B | 4.1B | 4.3B | |
Property Plant Equipment | 14.2B | 15.0B | 15.9B | 17.1B | 19.6B | 13.6B | |
Long Term Debt Total | 17.1B | 18.9B | 17.9B | 22.5B | 25.9B | 17.1B | |
Capital Surpluse | 398M | 534M | 1.0B | 956M | 1.1B | 572.1M |
Pair Trading with Telus Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telus Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telus Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Telus Stock
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The ability to find closely correlated positions to Telus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telus Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telus Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telus Corp to buy it.
The correlation of Telus Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telus Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Telus Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus 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 estimate. To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.