ATT Tax Provision vs Extraordinary Items Analysis
TBC Stock | USD 25.14 0.01 0.04% |
ATT financial indicator trend analysis is way more than just evaluating ATT Inc ELKS prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATT Inc ELKS is a good investment. Please check the relationship between ATT Tax Provision and its Extraordinary Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc ELKS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Tax Provision vs Extraordinary Items
Tax Provision vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATT Inc ELKS Tax Provision account and Extraordinary Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between ATT's Tax Provision and Extraordinary Items is 0.74. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of ATT Inc ELKS, assuming nothing else is changed. The correlation between historical values of ATT's Tax Provision and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of ATT Inc ELKS are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Tax Provision i.e., ATT's Tax Provision and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Extraordinary Items
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 ELKS 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 ELKS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, ATT's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 134.0B | 120.7B | 122.4B | 82.6B | Depreciation And Amortization | 17.9B | 18.0B | 15.8B | 13.1B |
ATT fundamental ratios Correlations
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ATT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATT fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 552.0B | 525.8B | 551.6B | 402.9B | 407.1B | 219.0B | |
Short Long Term Debt Total | 185.0B | 183.0B | 199.2B | 158.2B | 158.1B | 166.0B | |
Other Current Liab | 5.0B | 21.0B | 45.9B | 12.9B | 9.7B | 7.9B | |
Total Current Liabilities | 68.6B | 63.4B | 106.2B | 56.2B | 51.1B | 31.9B | |
Total Stockholder Equity | 184.2B | 161.7B | 166.3B | 97.5B | 103.3B | 72.6B | |
Property Plant And Equipment Net | 154.4B | 152.0B | 143.5B | 149.3B | 149.4B | 78.7B | |
Net Debt | 172.8B | 173.2B | 180.0B | 154.5B | 151.3B | 158.9B | |
Retained Earnings | 57.9B | 37.5B | 42.4B | (19.4B) | (5.0B) | (4.8B) | |
Cash | 12.1B | 9.7B | 19.2B | 3.7B | 6.7B | 4.7B | |
Non Current Assets Total | 497.1B | 473.8B | 386.0B | 375.1B | 370.6B | 193.3B | |
Non Currrent Assets Other | (24.3B) | (25.9B) | (40.2B) | (34.3B) | 18.5B | 19.4B | |
Cash And Short Term Investments | 12.1B | 9.8B | 19.2B | 3.7B | 6.8B | 4.8B | |
Net Receivables | 22.7B | 20.2B | 17.0B | 15.7B | 15.1B | 11.3B | |
Common Stock Shares Outstanding | 7.3B | 7.2B | 7.5B | 7.2B | 7.3B | 4.5B | |
Liabilities And Stockholders Equity | 552.0B | 525.8B | 551.6B | 402.9B | 407.1B | 219.0B | |
Non Current Liabilities Total | 281.4B | 283.1B | 261.5B | 240.2B | 236.5B | 248.3B | |
Inventory | 1.6B | 3.6B | 3.3B | 3.1B | 2.2B | 1.7B | |
Other Current Assets | 18.4B | 14.9B | 126.0B | 5.2B | 13.7B | 7.8B | |
Other Stockholder Equity | 113.2B | 112.3B | 112.8B | 106.5B | 98.4B | 103.3B | |
Total Liab | 350.0B | 346.5B | 367.8B | 296.4B | 287.6B | 302.0B | |
Total Current Assets | 54.8B | 52.0B | 165.6B | 27.7B | 36.5B | 25.6B | |
Short Term Debt | 11.4B | 7.0B | 29.3B | 11.1B | 13.0B | 7.3B | |
Intangible Assets | 157.6B | 146.3B | 119.2B | 129.4B | 132.5B | 139.1B | |
Accounts Payable | 46.0B | 28.3B | 26.1B | 27.6B | 23.8B | 15.5B | |
Current Deferred Revenue | 6.2B | 6.1B | 3.8B | 3.8B | 3.7B | 3.4B | |
Accumulated Other Comprehensive Income | 5.5B | 4.3B | 3.5B | 2.8B | 2.3B | 2.4B | |
Good Will | 146.2B | 135.3B | 92.7B | 67.9B | 67.9B | 69.3B | |
Short Term Investments | 54M | 29M | 8.6B | 38M | 80M | 76M | |
Net Tangible Assets | (80.7B) | (119.9B) | (126.4B) | (99.8B) | (89.9B) | (94.3B) | |
Noncontrolling Interest In Consolidated Entity | 17.7B | 17.6B | 17.5B | 9.0B | 10.3B | 7.6B | |
Retained Earnings Total Equity | 57.9B | 37.5B | 42.4B | (19.4B) | (17.5B) | (16.6B) | |
Long Term Debt Total | 151.3B | 153.8B | 152.8B | 128.4B | 147.7B | 132.2B | |
Capital Surpluse | 126.3B | 130.2B | 130.1B | 123.6B | 142.2B | 117.8B | |
Deferred Long Term Liab | 129.5B | 129.3B | 129.5B | 111.8B | 128.6B | 118.6B | |
Long Term Investments | 3.7B | 1.8B | 7.3B | 3.5B | 4.1B | 3.6B | |
Treasury Stock | (13.1B) | (17.9B) | (17.3B) | (17.1B) | (19.6B) | (20.6B) | |
Property Plant Equipment | 131.5B | 130.1B | 14.8B | 150.1B | 135.1B | 90.8B | |
Other Assets | 35.2B | 38.4B | 41.6B | 19.6B | 22.5B | 31.8B | |
Long Term Debt | 166.3B | 149.4B | 153.8B | 152.8B | 175.7B | 158.0B |
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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 ATT Inc ELKS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATT'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 Att Inc Elks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Att Inc Elks Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc ELKS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Diversified 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 ATT. If investors know ATT 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 ATT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.1212 |
The market value of ATT Inc ELKS is measured differently than its book value, which is the value of ATT that is recorded on the company's balance sheet. Investors also form their own opinion of ATT's value that differs from its market value or its book value, called intrinsic value, which is ATT'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 ATT's market value can be influenced by many factors that don't directly affect ATT'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 ATT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATT'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.