Telus Total Revenue vs Operating Income Analysis
T Stock | CAD 21.64 0.38 1.79% |
Telus Corp financial indicator trend analysis is much more than just breaking down Telus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telus Corp is a good investment. Please check the relationship between Telus Corp Total Revenue and its Operating Income accounts. 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.
Total Revenue vs Operating Income
Total Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telus Corp Total Revenue account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Telus Corp's Total Revenue and Operating Income is 0.8. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Telus Corp, assuming nothing else is changed. The correlation between historical values of Telus Corp's Total Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Telus Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Telus Corp's Total Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Telus Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from Telus Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Telus Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Telus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of the 26th of November 2024, Tax Provision is likely to grow to about 392.6 M, while Selling General Administrative is likely to drop about 3.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.1B | 11.2B | 12.5B | 6.5B | Total Revenue | 16.8B | 18.3B | 20.0B | 12.1B |
Telus Corp fundamental ratios Correlations
Click cells to compare fundamentals
Telus Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telus Corp fundamental ratios 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 | 2.6B | 2.8B | 3.2B | 3.4B | 3.4B | 3.6B | |
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 | 1.1B | |
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 | 486M | 541M | 700M | 718M | 753.9M | |
Other Stockholder Equity | 398M | 534M | 1.0B | 956M | 997M | 947.2M | |
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 | 971M | 792.6M | |
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.