TIM Non Current Assets Total vs Accounts Payable Analysis

TIMB Stock  USD 13.90  0.21  1.53%   
TIM Participacoes financial indicator trend analysis is much more than just breaking down TIM Participacoes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TIM Participacoes is a good investment. Please check the relationship between TIM Participacoes Non Current Assets Total and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TIM Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TIM Participacoes Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between TIM Participacoes' Non Current Assets Total and Accounts Payable is 0.28. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of TIM Participacoes SA, assuming nothing else is changed. The correlation between historical values of TIM Participacoes' Non Current Assets Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of TIM Participacoes SA are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., TIM Participacoes' Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents TIM Participacoes 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 TIM Participacoes 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.
Most indicators from TIM Participacoes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TIM Participacoes 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 TIM Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, TIM Participacoes' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.09, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit9.5B10.9B12.3B6.8B
Total Revenue18.1B21.5B23.8B13.2B

TIM Participacoes fundamental ratios Correlations

0.950.570.960.970.970.880.470.36-0.110.980.580.490.350.940.00.960.62-0.050.980.860.60.90.76-0.190.45
0.950.570.910.870.950.940.30.16-0.160.950.570.450.190.84-0.070.990.660.040.980.910.510.940.64-0.260.34
0.570.570.60.530.560.610.190.08-0.30.570.580.190.150.62-0.210.560.280.610.590.680.230.540.38-0.080.35
0.960.910.60.90.880.810.310.5-0.030.920.620.510.480.94-0.090.920.50.050.970.840.640.850.750.050.59
0.970.870.530.90.950.810.610.38-0.120.960.510.450.370.940.110.880.61-0.120.910.770.580.850.79-0.240.44
0.970.950.560.880.950.940.480.18-0.30.980.590.330.20.870.060.940.67-0.030.940.880.440.920.68-0.350.38
0.880.940.610.810.810.940.28-0.01-0.490.930.710.150.030.75-0.110.920.590.080.890.950.230.910.49-0.40.27
0.470.30.190.310.610.480.280.22-0.050.440.250.330.330.470.40.330.21-0.390.330.190.40.290.51-0.470.15
0.360.160.080.50.380.18-0.010.220.430.280.070.380.90.480.190.2-0.11-0.150.320.030.610.180.660.620.73
-0.11-0.16-0.3-0.03-0.12-0.3-0.49-0.050.43-0.26-0.570.690.41-0.040.15-0.12-0.05-0.15-0.09-0.420.65-0.220.210.50.09
0.980.950.570.920.960.980.930.440.28-0.260.610.340.260.890.010.950.6-0.060.960.880.460.910.7-0.270.38
0.580.570.580.620.510.590.710.250.07-0.570.61-0.070.150.59-0.350.580.070.090.60.730.010.530.2-0.210.35
0.490.450.190.510.450.330.150.330.380.690.34-0.070.370.51-0.070.490.490.00.50.270.940.30.640.10.3
0.350.190.150.480.370.20.030.330.90.410.260.150.370.470.370.21-0.21-0.150.320.030.620.210.610.570.75
0.940.840.620.940.940.870.750.470.48-0.040.890.590.510.47-0.10.850.570.10.90.760.650.810.82-0.010.63
0.0-0.07-0.21-0.090.110.06-0.110.40.190.150.01-0.35-0.070.37-0.1-0.08-0.21-0.48-0.09-0.260.060.020.05-0.04-0.02
0.960.990.560.920.880.940.920.330.2-0.120.950.580.490.210.85-0.080.63-0.010.990.90.540.910.65-0.240.33
0.620.660.280.50.610.670.590.21-0.11-0.050.60.070.49-0.210.57-0.210.630.250.590.580.460.620.57-0.330.2
-0.050.040.610.05-0.12-0.030.08-0.39-0.15-0.15-0.060.090.0-0.150.1-0.48-0.010.250.010.2-0.010.040.030.260.3
0.980.980.590.970.910.940.890.330.32-0.090.960.60.50.320.9-0.090.990.590.010.90.590.90.7-0.130.44
0.860.910.680.840.770.880.950.190.03-0.420.880.730.270.030.76-0.260.90.580.20.90.30.810.48-0.290.34
0.60.510.230.640.580.440.230.40.610.650.460.010.940.620.650.060.540.46-0.010.590.30.420.820.230.55
0.90.940.540.850.850.920.910.290.18-0.220.910.530.30.210.810.020.910.620.040.90.810.420.63-0.260.35
0.760.640.380.750.790.680.490.510.660.210.70.20.640.610.820.050.650.570.030.70.480.820.630.080.68
-0.19-0.26-0.080.05-0.24-0.35-0.4-0.470.620.5-0.27-0.210.10.57-0.01-0.04-0.24-0.330.26-0.13-0.290.23-0.260.080.51
0.450.340.350.590.440.380.270.150.730.090.380.350.30.750.63-0.020.330.20.30.440.340.550.350.680.51
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TIM Participacoes Account Relationship Matchups

TIM Participacoes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.3B41.7B49.8B56.4B55.3B58.0B
Short Long Term Debt Total9.8B10.7B12.9B17.8B16.0B16.8B
Other Current Liab1.7B1.2B3.7B3.0B4.9B5.2B
Total Current Liabilities8.1B8.3B10.6B13.1B12.9B13.5B
Total Stockholder Equity22.4B23.2B25.1B25.4B26.0B27.3B
Property Plant And Equipment Net17.6B18.1B18.3B22.7B22.4B23.5B
Net Debt7.5B8.1B7.7B15.3B16.0B16.8B
Retained Earnings12.2B9.3B11.2B600M10.8B6.5B
Accounts Payable3.9B3.1B3.3B4.2B4.6B2.8B
Cash2.3B2.6B5.2B2.5B37.0M35.2M
Non Current Assets Total31.9B31.2B34.4B46.0B43.9B46.0B
Non Currrent Assets Other1.1B824.8M737.7M1.4B13.8B14.5B
Cash And Short Term Investments2.9B4.6B9.8B4.7B5.0B3.2B
Net Receivables5.0B3.1B3.1B3.5B5.2B3.1B
Common Stock Shares Outstanding2.4B405.5M405.5M405.4M2.4M2.3M
Liabilities And Stockholders Equity40.3B41.7B49.8B56.4B55.3B58.0B
Non Current Liabilities Total9.8B10.2B14.1B17.9B16.4B17.2B
Other Current Assets80.8M2.5B2.3B1.9B858.3M901.2M
Other Stockholder Equity(12.2B)(4.8M)(4.9M)(163K)(3.0M)(3.1M)
Total Liab17.9B18.5B24.7B31.0B29.2B30.7B
Property Plant And Equipment Gross17.6B18.1B49.2B65.5B70.3B73.9B
Total Current Assets8.5B10.4B15.4B10.4B11.4B7.1B
Accumulated Other Comprehensive Income12.6B9.7B11.6B11.9B1.8B2.6B
Short Term Debt2.3B2.7B1.8B3.5B3.1B3.2B
Current Deferred Revenue281.9M266.4M197.2M1.0B279.4M438.0M
Other Assets3.9B4.5B4.1B(1M)(1.2M)(1.1M)
Inventory203.3M246.6M202.6M236.1M331.8M210.4M
Short Term Investments654.5M2.1B4.6B2.2B5.0B5.2B
Intangible Assets8.1B7.5B10.1B13.3B12.4B7.0B
Other Liab2.1B2.2B3.0B3.6B4.2B2.1B
Net Tangible Assets12.8B14.2B14.6B9.1B10.5B9.7B
Long Term Debt644.9M655.6M3.3B3.7B2.5B2.1B
Capital Lease Obligations7.8B8.4B9.1B12.8B12.3B7.7B
Long Term Investments3.8M7.1M1.6B1.6B1.7B1.8B
Short Long Term Debt1.4B1.7B538.5M1.3B1.3B1.3B
Non Current Liabilities Other69.0M62.8M62.0M598M244.6M159.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TIM Participacoes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TIM Participacoes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tim Participacoes Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tim Participacoes Sa Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TIM Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Wireless Telecommunication Services 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 TIM Participacoes. If investors know TIM 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 TIM Participacoes 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
0.067
Dividend Share
0.271
Earnings Share
1.13
Revenue Per Share
51.84
Quarterly Revenue Growth
0.06
The market value of TIM Participacoes is measured differently than its book value, which is the value of TIM that is recorded on the company's balance sheet. Investors also form their own opinion of TIM Participacoes' value that differs from its market value or its book value, called intrinsic value, which is TIM Participacoes' 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 TIM Participacoes' market value can be influenced by many factors that don't directly affect TIM Participacoes' 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 TIM Participacoes' value and its price as these two are different measures arrived at by different means. Investors typically determine if TIM Participacoes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TIM Participacoes' 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.