TEP Stock | | | 1,734 22.00 1.25% |
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 Change To Liabilities and its 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.
Change To Liabilities vs Investments
Change To Liabilities vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telecom Plus PLC Change To Liabilities account and
Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Telecom Plus' Change To Liabilities and Investments is -0.03. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of 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' Change To Liabilities and 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 Change To Liabilities of Telecom Plus PLC are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Liabilities i.e., Telecom Plus' Change To Liabilities and Investments go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Liabilities
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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.
Telecom Plus fundamental ratios Correlations
Click cells to compare fundamentals
Telecom Plus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telecom Plus fundamental ratios Accounts
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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.