TELUS Accounts Payable vs Common Stock Analysis

TIXT Stock  USD 3.74  0.12  3.11%   
TELUS International financial indicator trend analysis is much more than just breaking down TELUS International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TELUS International is a good investment. Please check the relationship between TELUS International Accounts Payable and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TELUS International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy TELUS Stock please use our How to Invest in TELUS International guide.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TELUS International Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between TELUS International's Accounts Payable and Common Stock is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of TELUS International, assuming nothing else is changed. The correlation between historical values of TELUS International's Accounts Payable and Common Stock 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 TELUS International are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., TELUS International's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents TELUS International 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 TELUS International 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.

Common Stock

Most indicators from TELUS International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TELUS International 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 TELUS International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy TELUS Stock please use our How to Invest in TELUS International guide.Sales General And Administrative To Revenue is likely to gain to 0.67 in 2024, despite the fact that Tax Provision is likely to grow to (11.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense44M41M144M151.2M
Depreciation And Amortization254.7M247.8M329.9M190.5M

TELUS International fundamental ratios Correlations

0.1-0.070.180.160.23-0.330.680.22-0.26-0.060.460.53-0.120.09-0.090.24-0.1-0.10.220.10.16-0.080.540.08-0.25
0.10.960.850.940.970.85-0.610.95-0.820.960.890.780.951.00.870.960.930.960.971.00.970.940.761.00.8
-0.070.960.720.870.870.91-0.730.9-0.791.00.790.760.960.970.840.880.990.970.870.970.930.990.630.970.89
0.180.850.720.910.910.64-0.450.9-0.820.710.850.570.830.830.690.910.660.820.940.810.880.650.780.830.58
0.160.940.870.910.950.78-0.560.92-0.80.860.830.720.870.940.820.960.80.880.960.920.940.80.670.930.61
0.230.970.870.910.950.75-0.470.95-0.810.870.920.750.880.970.840.980.830.890.990.960.950.840.820.970.68
-0.330.850.910.640.780.75-0.90.71-0.530.910.610.570.920.860.910.710.890.910.740.860.850.90.410.860.81
0.68-0.61-0.73-0.45-0.56-0.47-0.9-0.480.37-0.73-0.27-0.22-0.77-0.62-0.69-0.46-0.73-0.76-0.49-0.61-0.59-0.72-0.07-0.62-0.74
0.220.950.90.90.920.950.71-0.48-0.950.90.910.760.910.950.70.980.870.920.970.940.940.860.820.950.77
-0.26-0.82-0.79-0.82-0.8-0.81-0.530.37-0.95-0.78-0.83-0.69-0.81-0.81-0.45-0.89-0.76-0.81-0.86-0.79-0.82-0.74-0.77-0.81-0.73
-0.060.961.00.710.860.870.91-0.730.9-0.780.790.760.960.970.830.880.990.970.870.960.920.990.630.970.89
0.460.890.790.850.830.920.61-0.270.91-0.830.790.880.810.880.70.90.770.820.930.880.930.770.950.890.67
0.530.780.760.570.720.750.57-0.220.76-0.690.760.880.680.780.620.740.750.690.740.790.830.760.770.780.57
-0.120.950.960.830.870.880.92-0.770.91-0.810.960.810.680.950.830.880.951.00.90.940.950.940.680.950.91
0.091.00.970.830.940.970.86-0.620.95-0.810.970.880.780.950.880.960.940.960.961.00.970.950.741.00.8
-0.090.870.840.690.820.840.91-0.690.7-0.450.830.70.620.830.880.760.80.830.810.890.860.820.520.870.63
0.240.960.880.910.960.980.71-0.460.98-0.890.880.90.740.880.960.760.830.890.990.950.930.830.790.950.68
-0.10.930.990.660.80.830.89-0.730.87-0.760.990.770.750.950.940.80.830.960.830.940.91.00.630.950.93
-0.10.960.970.820.880.890.91-0.760.92-0.810.970.820.691.00.960.830.890.960.910.950.950.950.690.960.91
0.220.970.870.940.960.990.74-0.490.97-0.860.870.930.740.90.960.810.990.830.910.950.960.830.830.960.7
0.11.00.970.810.920.960.86-0.610.94-0.790.960.880.790.941.00.890.950.940.950.950.960.950.751.00.8
0.160.970.930.880.940.950.85-0.590.94-0.820.920.930.830.950.970.860.930.90.950.960.960.90.80.970.78
-0.080.940.990.650.80.840.9-0.720.86-0.740.990.770.760.940.950.820.831.00.950.830.950.90.620.950.92
0.540.760.630.780.670.820.41-0.070.82-0.770.630.950.770.680.740.520.790.630.690.830.750.80.620.760.59
0.081.00.970.830.930.970.86-0.620.95-0.810.970.890.780.951.00.870.950.950.960.961.00.970.950.760.82
-0.250.80.890.580.610.680.81-0.740.77-0.730.890.670.570.910.80.630.680.930.910.70.80.780.920.590.82
Click cells to compare fundamentals

TELUS International Account Relationship Matchups

TELUS International fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding270.7M226M267M270M286M290.8M
Total Assets1.2B3.7B3.6B3.6B4.8B3.3B
Short Long Term Debt Total520.5M1.8B1.1B964M1.8B1.2B
Other Current Liab208.8M243M331M363M255M286.8M
Total Current Liabilities275.9M505.1M807M552M649M546.6M
Total Stockholder Equity245.8M1.1B1.7B1.8B2.0B1.3B
Other Liab166.4M450.6M344M285M327.8M321.9M
Net Tangible Assets(262.3M)(1.7B)(883M)(520M)(468M)(491.4M)
Property Plant And Equipment Net301M362.1M405M449M517M394.0M
Net Debt441M1.6B1.0B839M1.6B1.1B
Retained Earnings(54M)32.5M107M292M347M364.4M
Accounts Payable20.3M56M79M39M215M225.8M
Cash79.5M152.5M115M125M127M121.8M
Non Current Assets Total840.6M3.2B3.0B2.9B4.1B2.7B
Other Assets31.5M40.2M56M54M62.1M44M
Long Term Debt477.7M1.7B820M881M1.6B1.1B
Cash And Short Term Investments79.5M152.5M115M125M131M122.6M
Net Receivables217.7M363M473M516M512M410.9M
Good Will418.4M1.5B1.4B1.4B2.0B1.3B
Liabilities And Stockholders Equity1.2B3.7B3.6B3.6B4.8B3.3B
Non Current Liabilities Total647.3M2.1B1.2B1.2B2.1B1.4B
Inventory3.3M1.8M3M19M16M16.8M
Other Current Assets27.9M81M73M74M100M69.6M
Other Stockholder Equity38.6M89.4M24M55M63.3M51.9M
Total Liab923.2M2.6B2.0B1.7B2.8B2.0B
Net Invested Capital766.3M2.9B1.1B2.8B3.8B2.2B
Property Plant And Equipment Gross301M362.1M767M882M1.1B637.5M
Short Long Term Debt42.8M92.3M328M83M122M123.6M
Total Current Assets328.4M548.2M627M695M743M585.1M
Accumulated Other Comprehensive Income15.4M89.4M34M(12M)(13M)(12.4M)
Capital Stock245.8M989M1.5B1.5B1.6B1.1B
Non Current Liabilities Other4.2M12.3M12M21M16M12.8M
Net Working Capital52.5M43.1M(180M)143M94M98.7M
Short Term Debt42.8M92M330M83M122M123.9M
Intangible Assets89.7M1.3B1.2B1.0B1.5B953.5M
Common Stock245.8M989M1.5B1.5B1.6B1.1B

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