ATT Net Income vs Other Operating Expenses Analysis

T Stock  USD 23.48  0.03  0.13%   
ATT financial indicator trend analysis is way more than just evaluating ATT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATT Inc is a good investment. Please check the relationship between ATT Net Income and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. 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.

Net Income vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATT Inc Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between ATT's Net Income and Other Operating Expenses is 0.31. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of ATT Inc, assuming nothing else is changed. The correlation between historical values of ATT's Net Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of ATT Inc are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., ATT's Net Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in ATT Inc financial statement analysis. It represents the amount of money remaining after all of ATT Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ATT Inc. It is also known as ATT overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from ATT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATT Inc 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 ATT Inc. 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.
Selling General Administrative is likely to drop to about 28.5 B in 2024. Discontinued Operations is likely to drop to about (171 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit73.6B69.9B72.3B45.7B
Total Revenue134.0B120.7B122.4B82.6B

ATT fundamental ratios Correlations

0.870.530.90.960.910.850.580.380.97-0.320.380.830.890.880.540.470.830.910.660.50.830.890.850.820.82
0.870.580.840.80.750.980.310.410.83-0.280.410.640.770.960.470.50.940.980.640.490.950.730.690.710.72
0.530.580.770.430.40.530.140.410.34-0.650.410.110.450.440.610.90.50.540.90.630.320.130.140.330.33
0.90.840.770.840.750.760.520.620.78-0.430.620.60.770.760.50.720.730.840.90.80.680.650.590.660.66
0.960.80.430.840.810.770.750.380.94-0.220.380.920.810.820.460.410.770.840.620.490.770.890.890.740.74
0.910.750.40.750.810.750.340.250.92-0.320.250.680.980.830.660.310.770.830.470.320.750.840.830.950.95
0.850.980.530.760.770.750.230.20.82-0.290.20.640.770.970.510.480.970.970.560.320.960.760.70.730.73
0.580.310.140.520.750.340.230.430.550.060.430.790.30.330.010.210.20.370.450.490.280.550.630.260.26
0.380.410.410.620.380.250.20.430.28-0.021.00.230.240.26-0.010.240.170.360.550.890.210.120.160.180.17
0.970.830.340.780.940.920.820.550.28-0.220.280.870.890.880.50.270.810.880.460.340.850.950.910.840.84
-0.32-0.28-0.65-0.43-0.22-0.32-0.290.06-0.02-0.22-0.020.03-0.35-0.19-0.55-0.57-0.31-0.25-0.5-0.22-0.1-0.15-0.07-0.15-0.15
0.380.410.410.620.380.250.20.431.00.28-0.020.230.240.26-0.020.240.170.360.550.890.210.120.160.180.17
0.830.640.110.60.920.680.640.790.230.870.030.230.660.740.310.120.640.720.340.280.720.890.940.640.64
0.890.770.450.770.810.980.770.30.240.89-0.350.240.660.820.720.370.820.830.510.340.740.810.790.960.96
0.880.960.440.760.820.830.970.330.260.88-0.190.260.740.820.50.380.940.990.50.330.970.820.820.810.81
0.540.470.610.50.460.660.510.01-0.010.5-0.55-0.020.310.720.50.440.60.520.440.090.380.350.480.680.68
0.470.50.90.720.410.310.480.210.240.27-0.570.240.120.370.380.440.440.480.920.580.270.160.080.280.28
0.830.940.50.730.770.770.970.20.170.81-0.310.170.640.820.940.60.440.930.510.270.940.750.710.760.77
0.910.980.540.840.840.830.970.370.360.88-0.250.360.720.830.990.520.480.930.620.460.950.790.780.790.8
0.660.640.90.90.620.470.560.450.550.46-0.50.550.340.510.50.440.920.510.620.810.390.330.280.40.4
0.50.490.630.80.490.320.320.490.890.34-0.220.890.280.340.330.090.580.270.460.810.260.210.160.230.23
0.830.950.320.680.770.750.960.280.210.85-0.10.210.720.740.970.380.270.940.950.390.260.820.770.720.73
0.890.730.130.650.890.840.760.550.120.95-0.150.120.890.810.820.350.160.750.790.330.210.820.90.770.77
0.850.690.140.590.890.830.70.630.160.91-0.070.160.940.790.820.480.080.710.780.280.160.770.90.790.79
0.820.710.330.660.740.950.730.260.180.84-0.150.180.640.960.810.680.280.760.790.40.230.720.770.791.0
0.820.720.330.660.740.950.730.260.170.84-0.150.170.640.960.810.680.280.770.80.40.230.730.770.791.0
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ATT Account Relationship Matchups

ATT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets552.0B525.8B551.6B402.9B407.1B219.0B
Short Long Term Debt Total185.0B179.4B195.8B154.7B154.9B162.6B
Other Current Liab5.0B20.7B42.0B12.8B9.5B7.8B
Total Current Liabilities68.6B63.4B106.2B56.2B51.1B31.9B
Total Stockholder Equity184.2B161.7B166.3B97.5B103.3B72.6B
Property Plant And Equipment Net154.4B152.0B143.5B149.3B149.4B78.7B
Net Debt172.8B169.7B176.6B151.0B148.2B155.6B
Retained Earnings57.9B37.5B42.4B(19.4B)(5.0B)(4.8B)
Cash12.1B9.7B19.2B3.7B6.7B4.7B
Non Current Assets Total497.1B473.8B380.9B369.7B370.6B193.0B
Non Currrent Assets Other(24.3B)(22.1B)(46.0B)(37.4B)19.6B20.6B
Cash And Short Term Investments12.1B9.7B19.2B3.7B6.7B4.8B
Net Receivables22.7B20.2B14.9B11.5B10.3B10.9B
Common Stock Shares Outstanding7.3B7.2B7.5B7.6B7.3B4.5B
Liabilities And Stockholders Equity552.0B525.8B551.6B402.9B407.1B219.0B
Non Current Liabilities Total281.4B283.1B261.5B240.2B236.5B248.3B
Inventory1.6B3.7B3.3B3.1B2.2B1.7B
Other Current Assets18.4B18.4B133.3B14.8B17.3B18.1B
Other Stockholder Equity113.2B112.3B112.8B106.5B98.4B103.3B
Total Liab350.0B346.5B367.8B296.4B287.6B302.0B
Total Current Assets54.8B52.0B170.8B33.1B36.5B25.9B
Short Term Debt11.4B3.7B32.1B7.6B3.3B3.1B
Intangible Assets157.6B146.3B119.2B129.4B132.5B139.1B
Accounts Payable46.0B31.8B27.3B31.1B27.3B15.8B
Current Deferred Revenue6.2B6.2B4.0B3.9B3.8B3.4B
Accumulated Other Comprehensive Income5.5B4.3B3.5B2.8B2.3B2.4B
Property Plant And Equipment Gross154.2B152.0B150.1B149.3B360.8B378.8B
Good Will146.2B135.3B92.7B67.9B67.9B69.3B
Short Term Investments54M29M1.1B38M80M76M
Other Liab104.4B107.1B108.1B86.6B99.6B63.5B
Other Assets33.8B38.4B41.6B19.6B19.6B19.0B
Long Term Debt149.4B153.8B152.8B128.4B127.9B88.0B
Treasury Stock(13.1B)(17.9B)(17.3B)(17.1B)(15.4B)(16.1B)
Property Plant Equipment130.1B14.8B150.1B149.3B171.6B104.8B
Net Tangible Assets(80.7B)(119.9B)(126.4B)(99.8B)(89.9B)(94.3B)
Noncontrolling Interest In Consolidated Entity17.7B17.6B17.5B9.0B10.3B6.5B
Retained Earnings Total Equity57.9B37.5B42.4B(19.4B)(22.3B)(21.2B)
Long Term Debt Total151.3B153.8B152.8B128.4B147.7B126.6B

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Additional Tools for ATT Stock Analysis

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