Telephone Income Tax Expense vs Minority Interest Analysis

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 Income Tax Expense 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.

Income Tax Expense vs Minority Interest

Income Tax Expense 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 Income Tax Expense account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Telephone's Income Tax Expense and Minority Interest is 0.44. Overlapping area represents the amount of variation of Income Tax Expense 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 Income Tax Expense 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 Income Tax Expense 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 Income Tax Expense i.e., Telephone's Income Tax Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

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
 2021 2022 2023 2024 (projected)
Total Revenue5.3B5.4B5.2B3.4B
Depreciation And Amortization895M929M915M582.3M

Telephone fundamental ratios Correlations

0.740.410.920.970.970.650.790.250.990.090.20.920.770.790.70.670.950.980.740.510.840.730.510.760.27
0.740.170.610.620.710.970.32-0.060.760.34-0.140.630.570.990.320.90.680.80.390.870.50.960.840.490.0
0.410.170.620.460.40.00.680.690.310.210.70.380.630.250.590.040.530.350.75-0.240.720.06-0.20.680.57
0.920.610.620.920.920.530.810.270.9-0.030.240.790.780.70.880.580.880.890.730.380.940.630.430.810.47
0.970.620.460.920.940.530.890.290.950.020.280.920.840.690.720.550.970.910.780.370.890.650.40.840.36
0.970.710.40.920.940.640.750.170.980.060.150.840.750.770.730.660.90.960.660.510.830.70.530.750.38
0.650.970.00.530.530.640.18-0.290.710.28-0.360.520.460.950.270.890.570.730.190.940.370.970.920.37-0.06
0.790.320.680.810.890.750.180.590.720.030.60.810.870.420.670.210.890.670.91-0.040.90.310.00.90.51
0.25-0.060.690.270.290.17-0.290.590.110.210.980.370.37-0.010.15-0.130.360.190.8-0.470.48-0.23-0.50.430.28
0.990.760.310.90.950.980.710.720.110.060.070.890.720.810.690.710.910.980.640.590.780.780.590.710.23
0.090.340.21-0.030.020.060.280.030.210.060.160.120.270.32-0.050.010.260.120.210.06-0.040.20.030.260.06
0.2-0.140.70.240.280.15-0.360.60.980.070.160.310.39-0.080.12-0.20.340.130.77-0.540.47-0.29-0.540.450.35
0.920.630.380.790.920.840.520.810.370.890.120.310.70.660.580.540.910.890.810.360.790.590.30.680.07
0.770.570.630.780.840.750.460.870.370.720.270.390.70.670.580.370.90.670.770.210.820.570.30.980.61
0.790.990.250.70.690.770.950.42-0.010.810.32-0.080.660.670.420.880.740.830.460.820.590.960.830.60.14
0.70.320.590.880.720.730.270.670.150.69-0.050.120.580.580.420.280.680.670.540.130.770.360.220.670.56
0.670.90.040.580.550.660.890.21-0.130.710.01-0.20.540.370.880.280.510.740.280.910.490.880.880.29-0.09
0.950.680.530.880.970.90.570.890.360.910.260.340.910.90.740.680.510.890.830.350.860.660.370.90.38
0.980.80.350.890.910.960.730.670.190.980.120.130.890.670.830.670.740.890.670.60.770.770.580.660.18
0.740.390.750.730.780.660.190.910.80.640.210.770.810.770.460.540.280.830.67-0.040.860.29-0.050.80.38
0.510.87-0.240.380.370.510.94-0.04-0.470.590.06-0.540.360.210.820.130.910.350.6-0.040.210.90.960.11-0.23
0.840.50.720.940.890.830.370.90.480.78-0.040.470.790.820.590.770.490.860.770.860.210.480.240.840.48
0.730.960.060.630.650.70.970.31-0.230.780.2-0.290.590.570.960.360.880.660.770.290.90.480.920.50.03
0.510.84-0.20.430.40.530.920.0-0.50.590.03-0.540.30.30.830.220.880.370.58-0.050.960.240.920.21-0.03
0.760.490.680.810.840.750.370.90.430.710.260.450.680.980.60.670.290.90.660.80.110.840.50.210.68
0.270.00.570.470.360.38-0.060.510.280.230.060.350.070.610.140.56-0.090.380.180.38-0.230.480.03-0.030.68
Click cells to compare fundamentals

Telephone Account Relationship Matchups

Telephone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8B12.5B13.5B14.6B13.9B7.7B
Short Long Term Debt Total3.4B4.5B4.0B4.8B5.1B5.4B
Other Current Liab273M442M130M366M184M271.2M
Total Current Liabilities962M1.2B1.2B1.5B1.2B833.7M
Total Stockholder Equity4.7B4.8B5.9B5.8B5.2B3.2B
Property Plant And Equipment Net4.5B5.0B5.4B5.8B6.0B3.2B
Net Debt2.9B3.1B3.7B4.4B4.9B5.2B
Retained Earnings2.7B2.8B2.8B2.7B2.0B1.6B
Cash465M1.4B367M360M236M224.2M
Non Current Assets Total8.9B9.5B11.4B12.5B12.3B6.4B
Non Currrent Assets Other607M654M(193M)(147M)822M729.7M
Cash And Short Term Investments465M1.4B367M360M236M224.2M
Net Receivables1.2B1.3B1.3B1.2B1.1B550.0M
Common Stock Shares Outstanding112M114M116M115M113M118.7M
Liabilities And Stockholders Equity10.8B12.5B13.5B14.6B13.9B7.7B
Non Current Liabilities Total4.4B5.8B5.6B6.4B6.7B7.1B
Inventory169M154M178M268M208M106.1M
Other Current Assets29M141M164M160M138M144.9M
Other Stockholder Equity2.0B2.0B2.0B2.1B2.1B1.5B
Total Liab5.4B6.9B6.7B7.9B7.9B4.0B
Total Current Assets1.9B3.0B2.0B2.0B1.7B1.4B
Short Term Debt126M134M288M311M320M336M
Accounts Payable374M508M481M506M360M325.6M
Intangible Assets2.7B2.9B4.3B4.9B4.9B5.1B
Property Plant And Equipment Gross4.5B5.0B14.3B15.0B16.6B17.4B
Accumulated Other Comprehensive Income(10M)(9M)(4M)5M11M16.2M
Other Liab1.2B1.4B1.7B1.8B2.0B2.2B
Other Assets607M654M728M822M(1M)(950K)
Long Term Debt2.3B3.4B2.9B3.7B4.1B2.7B
Treasury Stock(479M)(477M)(461M)(481M)(432.9M)(454.5M)
Property Plant Equipment3.5B4.0B4.4B4.8B5.5B3.9B
Current Deferred Revenue189M193M236M285M277M225.2M
Net Tangible Assets2.3B2.4B983M245M220.5M209.5M

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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.