TEL Net Income vs Change To Inventory Analysis

TEL Stock  USD 149.86  2.87  1.88%   
TE Connectivity financial indicator trend analysis is much more than just breaking down TE Connectivity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TE Connectivity is a good investment. Please check the relationship between TE Connectivity Net Income and its Change To Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TE Connectivity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy TEL Stock please use our How to buy in TEL Stock guide.

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TE Connectivity Net Income account and Change To Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between TE Connectivity's Net Income and Change To Inventory is 0.26. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of TE Connectivity, assuming nothing else is changed. The correlation between historical values of TE Connectivity's Net Income and Change To Inventory 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 TE Connectivity are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., TE Connectivity's Net Income and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.26
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 TE Connectivity financial statement analysis. It represents the amount of money remaining after all of TE Connectivity operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from TE Connectivity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TE Connectivity 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 TE Connectivity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy TEL Stock please use our How to buy in TEL Stock guide.Enterprise Value is expected to rise to about 19.7 B this year, although the value of Selling General Administrative will most likely fall to about 1.3 B.
 2021 2022 2023 2024 (projected)
Total Revenue16.3B16.0B15.8B14.3B
Depreciation And Amortization785M794M960M1.8B

TE Connectivity fundamental ratios Correlations

-0.110.410.75-0.240.66-0.58-0.38-0.130.810.01-0.2-0.13-0.54-0.120.830.640.570.320.60.310.580.370.070.640.62
-0.110.58-0.410.80.310.330.420.69-0.380.780.820.750.14-0.7-0.39-0.23-0.65-0.46-0.56-0.57-0.67-0.65-0.93-0.23-0.55
0.410.58-0.130.550.540.170.130.580.130.830.710.770.07-0.630.06-0.06-0.25-0.36-0.28-0.65-0.31-0.57-0.72-0.05-0.19
0.75-0.41-0.13-0.380.48-0.9-0.77-0.630.62-0.5-0.67-0.66-0.820.040.910.870.870.260.940.770.880.850.430.870.89
-0.240.80.55-0.380.450.140.040.34-0.670.670.760.7-0.06-0.88-0.46-0.05-0.55-0.89-0.48-0.57-0.6-0.53-0.86-0.05-0.48
0.660.310.540.480.45-0.53-0.45-0.110.10.320.220.21-0.66-0.690.40.660.19-0.410.290.010.130.13-0.40.670.21
-0.580.330.17-0.90.14-0.530.870.75-0.360.530.610.610.950.15-0.73-0.95-0.780.03-0.84-0.77-0.8-0.84-0.34-0.95-0.85
-0.380.420.13-0.770.04-0.450.870.85-0.140.480.520.50.870.22-0.58-0.87-0.690.24-0.73-0.58-0.66-0.74-0.34-0.87-0.7
-0.130.690.58-0.630.34-0.110.750.85-0.080.80.740.740.72-0.14-0.39-0.73-0.63-0.02-0.66-0.76-0.65-0.84-0.67-0.73-0.61
0.81-0.380.130.62-0.670.1-0.36-0.14-0.08-0.24-0.44-0.34-0.20.380.790.330.610.740.560.410.660.390.410.340.65
0.010.780.83-0.50.670.320.530.480.8-0.240.930.930.36-0.62-0.34-0.38-0.65-0.4-0.66-0.86-0.72-0.84-0.91-0.38-0.63
-0.20.820.71-0.670.760.220.610.520.74-0.440.930.980.41-0.66-0.57-0.45-0.84-0.5-0.82-0.91-0.88-0.92-0.92-0.45-0.79
-0.130.750.77-0.660.70.210.610.50.74-0.340.930.980.41-0.61-0.53-0.44-0.78-0.45-0.8-0.91-0.83-0.91-0.86-0.44-0.74
-0.540.140.07-0.82-0.06-0.660.950.870.72-0.20.360.410.410.37-0.58-0.99-0.610.17-0.69-0.65-0.6-0.72-0.15-0.98-0.67
-0.12-0.7-0.630.04-0.88-0.690.150.22-0.140.38-0.62-0.66-0.610.370.12-0.290.350.760.260.410.390.340.81-0.290.25
0.83-0.390.060.91-0.460.4-0.73-0.58-0.390.79-0.34-0.57-0.53-0.580.120.670.80.390.860.570.840.660.370.670.86
0.64-0.23-0.060.87-0.050.66-0.95-0.87-0.730.33-0.38-0.45-0.44-0.99-0.290.670.66-0.060.740.660.660.740.221.00.71
0.57-0.65-0.250.87-0.550.19-0.78-0.69-0.630.61-0.65-0.84-0.78-0.610.350.80.660.320.940.810.970.890.670.660.94
0.32-0.46-0.360.26-0.89-0.410.030.24-0.020.74-0.4-0.5-0.450.170.760.39-0.060.320.270.410.390.290.59-0.060.28
0.6-0.56-0.280.94-0.480.29-0.84-0.73-0.660.56-0.66-0.82-0.8-0.690.260.860.740.940.270.820.950.910.60.730.94
0.31-0.57-0.650.77-0.570.01-0.77-0.58-0.760.41-0.86-0.91-0.91-0.650.410.570.660.810.410.820.850.960.740.660.8
0.58-0.67-0.310.88-0.60.13-0.8-0.66-0.650.66-0.72-0.88-0.83-0.60.390.840.660.970.390.950.850.890.710.660.98
0.37-0.65-0.570.85-0.530.13-0.84-0.74-0.840.39-0.84-0.92-0.91-0.720.340.660.740.890.290.910.960.890.740.740.85
0.07-0.93-0.720.43-0.86-0.4-0.34-0.34-0.670.41-0.91-0.92-0.86-0.150.810.370.220.670.590.60.740.710.740.230.58
0.64-0.23-0.050.87-0.050.67-0.95-0.87-0.730.34-0.38-0.45-0.44-0.98-0.290.671.00.66-0.060.730.660.660.740.230.71
0.62-0.55-0.190.89-0.480.21-0.85-0.7-0.610.65-0.63-0.79-0.74-0.670.250.860.710.940.280.940.80.980.850.580.71
Click cells to compare fundamentals

TE Connectivity Account Relationship Matchups

TE Connectivity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.2B21.5B20.8B21.7B22.9B21.6B
Short Long Term Debt Total4.1B4.1B4.2B4.2B4.2B3.1B
Total Current Liabilities3.7B4.7B4.6B4.5B4.7B4.3B
Total Stockholder Equity9.4B10.6B10.8B11.6B12.4B10.2B
Net Debt3.2B2.9B3.1B2.6B2.9B2.1B
Non Current Assets Total13.5B14.2B13.5B13.8B15.2B14.3B
Common Stock Shares Outstanding332M333M325M317M309M332.0M
Liabilities And Stockholders Equity19.2B21.5B20.8B21.7B22.9B21.6B
Total Liab9.7B10.7B9.9B10.1B10.4B8.2B
Total Current Assets5.8B7.3B7.3B7.9B7.6B7.2B
Other Current Liab1.7B1.9B1.8B1.7B2.0B1.6B
Non Currrent Assets Other809M765M731M749M848M805.6M
Other Current Assets512M1.2B1.3B712M740M1.3B
Other Stockholder Equity(669M)(1.1B)(1.7B)(1.4B)(2.3B)(2.2B)
Other Liab2.2B2.5B2.0B1.8B1.6B2.2B
Net Tangible Assets2.7B3.5B4.3B4.9B5.6B3.2B
Retained Earnings10.3B11.7B12.8B12.9B14.5B15.3B
Accounts Payable1.3B1.9B1.6B1.6B1.7B1.5B
Cash945M1.2B1.1B1.7B1.3B1.4B
Other Assets2.5B3.3B3.4B3.4B3.9B2.8B
Long Term Debt3.5B3.6B3.3B3.5B3.3B3.3B
Net Receivables2.4B2.9B2.9B3.0B3.1B2.6B
Good Will5.2B5.6B5.3B5.5B5.8B5.5B
Common Stock Total Equity154M149M148M146M131.4M200.8M
Retained Earnings Total Equity12.3B10.3B11.7B12.8B14.8B15.5B
Inventory2.0B2.5B2.7B2.6B2.5B2.1B
Short Long Term Debt694M503M914M682M871M635.5M
Accumulated Other Comprehensive Income(445M)(168M)(495M)(158M)5M4.8M
Treasury Stock(1.1B)(1.3B)(669M)(1.1B)(949.5M)(997.0M)
Short Term Debt694M621M1.0B800M871M550.9M
Intangible Assets1.6B1.5B1.3B1.2B1.2B1.3B
Common Stock149M148M146M142M139M191.5M
Property Plant Equipment3.7B3.8B3.6B3.8B4.3B3.5B
Property Plant And Equipment Net3.7B3.8B3.6B3.8B3.9B3.7B
Current Deferred Revenue47M51M63M74M66.6M63.3M
Cash And Short Term Investments945M1.2B1.1B1.7B1.3B1.5B
Property Plant And Equipment Gross3.7B10.5B9.8B10.5B11.3B11.8B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether TE Connectivity is a strong investment it is important to analyze TE Connectivity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TE Connectivity's future performance. For an informed investment choice regarding TEL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TE Connectivity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy TEL Stock please use our How to buy in TEL Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Electronic Equipment, Instruments & Components 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 TE Connectivity. If investors know TEL 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 TE Connectivity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
10.34
Revenue Per Share
51.612
Quarterly Revenue Growth
0.008
Return On Assets
0.0823
The market value of TE Connectivity is measured differently than its book value, which is the value of TEL that is recorded on the company's balance sheet. Investors also form their own opinion of TE Connectivity's value that differs from its market value or its book value, called intrinsic value, which is TE Connectivity'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 TE Connectivity's market value can be influenced by many factors that don't directly affect TE Connectivity'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 TE Connectivity's value and its price as these two are different measures arrived at by different means. Investors typically determine if TE Connectivity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TE Connectivity'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.