TDS Stock | | | USD 34.12 0.20 0.58% |
Telephone financial indicator trend analysis is much more than just breaking down Telephone and Data prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telephone and Data is a good investment. Please check the relationship between Telephone Ebit and its Minority Interest accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telephone and Data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Ebit vs Minority Interest
Ebit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telephone and Data Ebit account and
Minority Interest. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telephone's Ebit and Minority Interest is 0.6. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Telephone and Data, assuming nothing else is changed. The correlation between historical values of Telephone's Ebit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Telephone and Data are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Ebit i.e., Telephone's Ebit and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebit
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Telephone and Data whose combined shares represent less than 50% of the total outstanding shares issued by Telephone have a minority interest in Telephone.
Most indicators from Telephone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telephone and Data 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 Telephone and Data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Selling General Administrative is likely to drop to about 1.4
B in 2024.
Tax Provision is likely to drop to about 23.7
M in 2024
Telephone fundamental ratios Correlations
Click cells to compare fundamentals
Telephone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telephone fundamental ratios Accounts
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Additional Tools for Telephone Stock Analysis
When running Telephone's price analysis, check to
measure Telephone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Telephone is operating at the current time. Most of Telephone's value examination focuses on studying past and present price action to
predict the probability of Telephone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telephone's price. Additionally, you may evaluate how the addition of Telephone to your portfolios can decrease your overall portfolio volatility.