TIM Other Current Assets vs Cash And Short Term Investments 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 Other Current Assets 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 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.
Other Current Assets vs Cash And Short Term Investments
Other Current Assets 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 TIM Participacoes Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TIM Participacoes' Other Current Assets and Cash And Short Term Investments is 0.49. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments 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' Other Current Assets 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 Other Current Assets of TIM Participacoes SA 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 Other Current Assets i.e., TIM Participacoes' Other Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of TIM Participacoes balance sheet. This account contains TIM Participacoes investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TIM Participacoes SA 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 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 Profit | 9.5B | 10.9B | 12.3B | 6.8B | Total Revenue | 18.1B | 21.5B | 23.8B | 13.2B |
TIM Participacoes fundamental ratios Correlations
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TIM Participacoes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TIM Participacoes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.3B | 41.7B | 49.8B | 56.4B | 55.3B | 58.0B | |
Short Long Term Debt Total | 9.8B | 10.7B | 12.9B | 17.8B | 16.0B | 16.8B | |
Other Current Liab | 1.7B | 1.2B | 3.7B | 3.0B | 4.9B | 5.2B | |
Total Current Liabilities | 8.1B | 8.3B | 10.6B | 13.1B | 12.9B | 13.5B | |
Total Stockholder Equity | 22.4B | 23.2B | 25.1B | 25.4B | 26.0B | 27.3B | |
Property Plant And Equipment Net | 17.6B | 18.1B | 18.3B | 22.7B | 22.4B | 23.5B | |
Net Debt | 7.5B | 8.1B | 7.7B | 15.3B | 16.0B | 16.8B | |
Retained Earnings | 12.2B | 9.3B | 11.2B | 600M | 10.8B | 6.5B | |
Accounts Payable | 3.9B | 3.1B | 3.3B | 4.2B | 4.6B | 2.8B | |
Cash | 2.3B | 2.6B | 5.2B | 2.5B | 37.0M | 35.2M | |
Non Current Assets Total | 31.9B | 31.2B | 34.4B | 46.0B | 43.9B | 46.0B | |
Non Currrent Assets Other | 1.1B | 824.8M | 737.7M | 1.4B | 13.8B | 14.5B | |
Cash And Short Term Investments | 2.9B | 4.6B | 9.8B | 4.7B | 5.0B | 3.2B | |
Net Receivables | 5.0B | 3.1B | 3.1B | 3.5B | 5.2B | 3.1B | |
Common Stock Shares Outstanding | 2.4B | 405.5M | 405.5M | 405.4M | 2.4M | 2.3M | |
Liabilities And Stockholders Equity | 40.3B | 41.7B | 49.8B | 56.4B | 55.3B | 58.0B | |
Non Current Liabilities Total | 9.8B | 10.2B | 14.1B | 17.9B | 16.4B | 17.2B | |
Other Current Assets | 80.8M | 2.5B | 2.3B | 1.9B | 858.3M | 901.2M | |
Other Stockholder Equity | (12.2B) | (4.8M) | (4.9M) | (163K) | (3.0M) | (3.1M) | |
Total Liab | 17.9B | 18.5B | 24.7B | 31.0B | 29.2B | 30.7B | |
Property Plant And Equipment Gross | 17.6B | 18.1B | 49.2B | 65.5B | 70.3B | 73.9B | |
Total Current Assets | 8.5B | 10.4B | 15.4B | 10.4B | 11.4B | 7.1B | |
Accumulated Other Comprehensive Income | 12.6B | 9.7B | 11.6B | 11.9B | 1.8B | 2.6B | |
Short Term Debt | 2.3B | 2.7B | 1.8B | 3.5B | 3.1B | 3.2B | |
Current Deferred Revenue | 281.9M | 266.4M | 197.2M | 1.0B | 279.4M | 438.0M | |
Other Assets | 3.9B | 4.5B | 4.1B | (1M) | (1.2M) | (1.1M) | |
Inventory | 203.3M | 246.6M | 202.6M | 236.1M | 331.8M | 210.4M | |
Short Term Investments | 654.5M | 2.1B | 4.6B | 2.2B | 5.0B | 5.2B | |
Intangible Assets | 8.1B | 7.5B | 10.1B | 13.3B | 12.4B | 7.0B | |
Other Liab | 2.1B | 2.2B | 3.0B | 3.6B | 4.2B | 2.1B | |
Net Tangible Assets | 12.8B | 14.2B | 14.6B | 9.1B | 10.5B | 9.7B | |
Long Term Debt | 644.9M | 655.6M | 3.3B | 3.7B | 2.5B | 2.1B | |
Capital Lease Obligations | 7.8B | 8.4B | 9.1B | 12.8B | 12.3B | 7.7B | |
Long Term Investments | 3.8M | 7.1M | 1.6B | 1.6B | 1.7B | 1.8B | |
Short Long Term Debt | 1.4B | 1.7B | 538.5M | 1.3B | 1.3B | 1.3B | |
Non Current Liabilities Other | 69.0M | 62.8M | 62.0M | 598M | 244.6M | 159.1M |
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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.