Telecom Accounts Payable vs Cash And Short Term Investments Analysis

TEP Stock   1,850  20.00  1.09%   
Telecom Plus financial indicator trend analysis is much more than just breaking down Telecom Plus PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telecom Plus PLC is a good investment. Please check the relationship between Telecom Plus Accounts Payable and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telecom Plus PLC. 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 economic analysis.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telecom Plus PLC Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telecom Plus' Accounts Payable and Cash And Short Term Investments is 0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Telecom Plus PLC, assuming nothing else is changed. The correlation between historical values of Telecom Plus' Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Telecom Plus PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Telecom Plus' Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Telecom Plus obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Telecom Plus PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Telecom Plus PLC balance sheet. This account contains Telecom Plus investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Telecom Plus PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Telecom Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telecom Plus PLC 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 Telecom Plus PLC. 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 economic analysis.
At present, Telecom Plus' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 1.7 M, whereas Tax Provision is forecasted to decline to about 15.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit177.2M295.0M355.2M373.0M
Total Revenue967.4M2.5B2.0B2.1B

Telecom Plus fundamental ratios Correlations

0.820.740.890.860.470.20.680.890.760.810.070.760.690.740.790.610.840.960.90.92-0.290.680.610.920.71
0.820.30.550.670.240.670.490.850.430.680.280.430.50.480.990.360.680.810.840.76-0.40.440.840.830.8
0.740.30.930.50.32-0.450.40.520.930.440.050.930.490.530.290.550.490.780.550.77-0.010.490.210.670.41
0.890.550.930.610.26-0.210.530.740.950.530.140.950.520.570.540.520.580.930.740.93-0.20.520.460.860.63
0.860.670.50.610.710.270.830.740.430.93-0.240.430.790.870.60.680.960.690.780.62-0.220.790.340.670.43
0.470.240.320.260.710.150.540.320.090.75-0.460.090.790.860.20.490.70.290.470.170.070.810.060.23-0.09
0.20.67-0.45-0.210.270.150.140.37-0.360.350.16-0.360.250.170.68-0.010.30.140.380.08-0.30.180.640.250.38
0.680.490.40.530.830.540.140.660.320.6-0.150.320.770.80.380.50.640.530.670.57-0.390.760.340.650.41
0.890.850.520.740.740.320.370.660.60.610.140.60.540.610.820.540.680.870.940.88-0.670.50.730.920.86
0.760.430.930.950.430.09-0.360.320.60.380.241.00.290.350.440.460.440.860.570.86-0.110.290.340.740.55
0.810.680.440.530.930.750.350.60.610.38-0.280.380.740.810.640.560.980.660.710.510.020.760.330.550.31
0.070.280.050.14-0.24-0.460.16-0.150.140.24-0.280.24-0.17-0.310.350.05-0.250.220.060.33-0.04-0.210.490.320.46
0.760.430.930.950.430.09-0.360.320.61.00.380.240.290.350.440.460.440.860.570.86-0.110.290.340.740.55
0.690.50.490.520.790.790.250.770.540.290.74-0.170.290.960.460.470.70.560.690.51-0.050.980.450.590.31
0.740.480.530.570.870.860.170.80.610.350.81-0.310.350.960.420.570.790.590.740.52-0.120.970.350.590.29
0.790.990.290.540.60.20.680.380.820.440.640.350.440.460.420.360.630.80.810.75-0.360.40.870.810.79
0.610.360.550.520.680.49-0.010.50.540.460.560.050.460.470.570.360.680.510.460.51-0.230.470.140.50.3
0.840.680.490.580.960.70.30.640.680.440.98-0.250.440.70.790.630.680.680.730.56-0.110.710.290.590.38
0.960.810.780.930.690.290.140.530.870.860.660.220.860.560.590.80.510.680.870.97-0.290.540.690.950.78
0.90.840.550.740.780.470.380.670.940.570.710.060.570.690.740.810.460.730.870.85-0.490.660.740.90.82
0.920.760.770.930.620.170.080.570.880.860.510.330.860.510.520.750.510.560.970.85-0.410.470.710.980.84
-0.29-0.4-0.01-0.2-0.220.07-0.3-0.39-0.67-0.110.02-0.04-0.11-0.05-0.12-0.36-0.23-0.11-0.29-0.49-0.410.03-0.44-0.47-0.61
0.680.440.490.520.790.810.180.760.50.290.76-0.210.290.980.970.40.470.710.540.660.470.030.380.550.24
0.610.840.210.460.340.060.640.340.730.340.330.490.340.450.350.870.140.290.690.740.71-0.440.380.790.8
0.920.830.670.860.670.230.250.650.920.740.550.320.740.590.590.810.50.590.950.90.98-0.470.550.790.87
0.710.80.410.630.43-0.090.380.410.860.550.310.460.550.310.290.790.30.380.780.820.84-0.610.240.80.87
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Telecom Plus Account Relationship Matchups

Telecom Plus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets482.7M462.7M465.8M794.7M651.4M684.0M
Short Long Term Debt Total103.0M96.5M100.0M90.4M180.3M189.3M
Other Current Liab129.1M128.1M129.9M433.4M181.3M91.3M
Total Current Liabilities156.6M152.7M159.2M472.8M237.3M249.2M
Total Stockholder Equity222.4M212.8M206.5M230.7M232.6M244.3M
Property Plant And Equipment Net37.8M34.9M26.2M25.8M26.8M17.6M
Net Debt59.4M71.4M70.3M(103.4M)122.5M128.6M
Retained Earnings81.1M70.3M61.9M82.6M93.8M98.5M
Accounts Payable26.2M22.9M28.6M38.8M44.6M46.8M
Cash43.6M25.1M29.6M193.8M57.8M60.7M
Non Current Assets Total244.4M238.0M223.5M227.8M230.2M241.8M
Non Currrent Assets Other7.2M11.3M14.9M19.5M23.2M24.3M
Cash And Short Term Investments43.6M25.1M29.6M193.8M57.8M60.7M
Common Stock Total Equity3.9M4.0M4.0M4.0M4.6M3.7M
Common Stock Shares Outstanding78.6M78.7M78.9M80.3M80.0M76.1M
Liabilities And Stockholders Equity482.7M462.7M465.8M794.7M651.4M684.0M
Non Current Liabilities Total104.1M97.6M101.1M91.3M181.4M190.5M
Inventory4.6M6.3M4.2M5.7M3.7M2.3M
Other Stockholder Equity137.2M138.4M140.5M144M134.7M141.5M
Total Liab260.7M250.3M260.2M564.0M418.8M439.7M
Property Plant And Equipment Gross37.8M34.9M48.4M51.6M55.6M58.4M
Total Current Assets238.2M224.7M242.2M566.9M421.2M442.2M
Short Term Debt1.4M1.6M(561K)488K(11.4M)(10.9M)
Common Stock4.0M4.0M4.0M4.0M4.0M3.8M
Long Term Debt94.0M89.4M99.2M89.7M176.5M185.3M
Net Receivables178.0M182.8M185.4M329.5M309.9M325.4M
Other Current Assets12.0M10.5M41.1M37.9M49.7M52.2M
Property Plant Equipment45.0M46.2M26.2M45.3M52.1M54.7M
Intangible Assets173.0M166.0M156.2M146.2M135.8M99.6M
Other Assets26.4M25.9M41.2M36.3M41.7M43.8M
Net Tangible Assets46.4M49.3M46.9M50.3M57.9M30.3M
Current Deferred Revenue1.4M1.6M561K488K1.3M1.4M
Capital Surpluse139.1M141.7M143.9M145.1M166.9M155.9M

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Other Information on Investing in Telecom Stock

Balance Sheet is a snapshot of the financial position of Telecom Plus PLC at a specified time, usually calculated after every quarter, six months, or one year. Telecom Plus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Telecom Plus and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Telecom currently owns. An asset can also be divided into two categories, current and non-current.