TEL Other Operating Expenses vs Ebit Analysis
TEL Stock | USD 152.26 2.39 1.59% |
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 Other Operating Expenses and its Ebit 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.
Other Operating Expenses vs Ebit
Other Operating Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TE Connectivity Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TE Connectivity's Other Operating Expenses and Ebit is -0.37. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit 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 Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of TE Connectivity are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., TE Connectivity's Other Operating Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TE Connectivity. It is also known as TE Connectivity 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.Ebit
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 Revenue | 16.3B | 16.0B | 15.8B | 14.3B | Depreciation And Amortization | 785M | 794M | 960M | 1.8B |
TE Connectivity fundamental ratios Correlations
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TE Connectivity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TE Connectivity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.2B | 21.5B | 20.8B | 21.7B | 22.9B | 21.6B | |
Short Long Term Debt Total | 4.1B | 4.1B | 4.2B | 4.2B | 4.2B | 3.1B | |
Total Current Liabilities | 3.7B | 4.7B | 4.6B | 4.5B | 4.7B | 4.3B | |
Total Stockholder Equity | 9.4B | 10.6B | 10.8B | 11.6B | 12.4B | 10.2B | |
Net Debt | 3.2B | 2.9B | 3.1B | 2.6B | 2.9B | 2.1B | |
Non Current Assets Total | 13.5B | 14.2B | 13.5B | 13.8B | 15.2B | 14.3B | |
Common Stock Shares Outstanding | 332M | 333M | 325M | 317M | 309M | 332.0M | |
Liabilities And Stockholders Equity | 19.2B | 21.5B | 20.8B | 21.7B | 22.9B | 21.6B | |
Total Liab | 9.7B | 10.7B | 9.9B | 10.1B | 10.4B | 8.2B | |
Total Current Assets | 5.8B | 7.3B | 7.3B | 7.9B | 7.6B | 7.2B | |
Other Current Liab | 1.7B | 1.9B | 1.8B | 1.7B | 2.0B | 1.6B | |
Non Currrent Assets Other | 809M | 765M | 731M | 749M | 848M | 805.6M | |
Other Current Assets | 512M | 1.2B | 1.3B | 712M | 740M | 1.3B | |
Other Stockholder Equity | (669M) | (1.1B) | (1.7B) | (1.4B) | (2.3B) | (2.2B) | |
Other Liab | 2.2B | 2.5B | 2.0B | 1.8B | 1.6B | 2.2B | |
Net Tangible Assets | 2.7B | 3.5B | 4.3B | 4.9B | 5.6B | 3.2B | |
Retained Earnings | 10.3B | 11.7B | 12.8B | 12.9B | 14.5B | 15.3B | |
Accounts Payable | 1.3B | 1.9B | 1.6B | 1.6B | 1.7B | 1.5B | |
Cash | 945M | 1.2B | 1.1B | 1.7B | 1.3B | 1.4B | |
Other Assets | 2.5B | 3.3B | 3.4B | 3.4B | 3.9B | 2.8B | |
Long Term Debt | 3.5B | 3.6B | 3.3B | 3.5B | 3.3B | 3.3B | |
Net Receivables | 2.4B | 2.9B | 2.9B | 3.0B | 3.1B | 2.6B | |
Good Will | 5.2B | 5.6B | 5.3B | 5.5B | 5.8B | 5.5B | |
Common Stock Total Equity | 154M | 149M | 148M | 146M | 131.4M | 200.8M | |
Retained Earnings Total Equity | 12.3B | 10.3B | 11.7B | 12.8B | 14.8B | 15.5B | |
Inventory | 2.0B | 2.5B | 2.7B | 2.6B | 2.5B | 2.1B | |
Short Long Term Debt | 694M | 503M | 914M | 682M | 871M | 635.5M | |
Accumulated Other Comprehensive Income | (445M) | (168M) | (495M) | (158M) | 5M | 4.8M | |
Treasury Stock | (1.1B) | (1.3B) | (669M) | (1.1B) | (949.5M) | (997.0M) | |
Short Term Debt | 694M | 621M | 1.0B | 800M | 871M | 550.9M | |
Intangible Assets | 1.6B | 1.5B | 1.3B | 1.2B | 1.2B | 1.3B | |
Common Stock | 149M | 148M | 146M | 142M | 139M | 191.5M | |
Property Plant Equipment | 3.7B | 3.8B | 3.6B | 3.8B | 4.3B | 3.5B | |
Property Plant And Equipment Net | 3.7B | 3.8B | 3.6B | 3.8B | 3.9B | 3.7B | |
Current Deferred Revenue | 47M | 51M | 63M | 74M | 66.6M | 63.3M | |
Cash And Short Term Investments | 945M | 1.2B | 1.1B | 1.7B | 1.3B | 1.5B | |
Property Plant And Equipment Gross | 3.7B | 10.5B | 9.8B | 10.5B | 11.3B | 11.8B |
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Try AI Portfolio ArchitectCheck 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.