TELUS Intangible Assets vs Accounts Payable Analysis

TIXT Stock  USD 3.88  0.04  1.04%   
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 Intangible Assets and its Accounts Payable 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.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TELUS International Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between TELUS International's Intangible Assets and Accounts Payable is 0.76. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable 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 Intangible Assets 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 Intangible Assets of TELUS International 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 Intangible Assets i.e., TELUS International's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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.
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

0.1-0.070.180.160.23-0.330.680.22-0.26-0.060.460.53-0.120.09-0.640.24-0.1-0.10.220.10.16-0.080.540.08-0.25
0.10.960.840.940.970.85-0.610.95-0.820.960.890.780.951.00.340.960.930.960.971.00.970.940.761.00.8
-0.070.960.710.870.870.91-0.730.9-0.791.00.790.760.960.970.320.880.990.970.870.970.930.990.630.970.89
0.180.840.710.910.90.64-0.450.89-0.820.710.840.560.820.830.420.910.650.820.940.80.880.640.770.820.58
0.160.940.870.910.950.78-0.560.92-0.80.860.830.720.870.940.40.960.80.880.960.920.940.80.670.930.61
0.230.970.870.90.950.75-0.470.95-0.810.870.920.750.880.970.340.980.830.890.990.960.950.840.820.970.68
-0.330.850.910.640.780.75-0.90.71-0.530.910.610.570.920.860.610.710.890.910.740.860.850.90.410.860.81
0.68-0.61-0.73-0.45-0.56-0.47-0.9-0.480.37-0.73-0.27-0.22-0.77-0.62-0.72-0.46-0.73-0.76-0.49-0.61-0.59-0.72-0.07-0.62-0.74
0.220.950.90.890.920.950.71-0.48-0.950.90.910.760.910.950.180.980.870.920.970.940.940.860.820.950.77
-0.26-0.82-0.79-0.82-0.8-0.81-0.530.37-0.95-0.78-0.83-0.69-0.81-0.810.03-0.89-0.76-0.81-0.86-0.79-0.82-0.74-0.77-0.81-0.73
-0.060.961.00.710.860.870.91-0.730.9-0.780.790.760.960.970.310.880.990.970.870.960.920.990.630.970.89
0.460.890.790.840.830.920.61-0.270.91-0.830.790.880.810.880.040.90.770.820.930.880.930.770.950.890.67
0.530.780.760.560.720.750.57-0.220.76-0.690.760.880.680.78-0.190.740.750.690.740.790.830.760.770.780.57
-0.120.950.960.820.870.880.92-0.770.91-0.810.960.810.680.950.430.880.951.00.90.940.950.940.680.950.91
0.091.00.970.830.940.970.86-0.620.95-0.810.970.880.780.950.340.960.940.960.961.00.970.950.741.00.8
-0.640.340.320.420.40.340.61-0.720.180.030.310.04-0.190.430.340.260.270.410.330.330.320.28-0.090.340.24
0.240.960.880.910.960.980.71-0.460.98-0.890.880.90.740.880.960.260.830.890.990.950.930.830.790.950.68
-0.10.930.990.650.80.830.89-0.730.87-0.760.990.770.750.950.940.270.830.960.830.940.91.00.630.950.93
-0.10.960.970.820.880.890.91-0.760.92-0.810.970.820.691.00.960.410.890.960.910.950.950.950.690.960.91
0.220.970.870.940.960.990.74-0.490.97-0.860.870.930.740.90.960.330.990.830.910.950.960.830.830.960.7
0.11.00.970.80.920.960.86-0.610.94-0.790.960.880.790.941.00.330.950.940.950.950.960.950.751.00.8
0.160.970.930.880.940.950.85-0.590.94-0.820.920.930.830.950.970.320.930.90.950.960.960.90.80.970.78
-0.080.940.990.640.80.840.9-0.720.86-0.740.990.770.760.940.950.280.831.00.950.830.950.90.620.950.92
0.540.760.630.770.670.820.41-0.070.82-0.770.630.950.770.680.74-0.090.790.630.690.830.750.80.620.760.59
0.081.00.970.820.930.970.86-0.620.95-0.810.970.890.780.951.00.340.950.950.960.961.00.970.950.760.82
-0.250.80.890.580.610.680.81-0.740.77-0.730.890.670.570.910.80.240.680.930.910.70.80.780.920.590.82
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 Liab208.8M243M331M363M251M286.1M
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
Non Currrent Assets Other1M33.7M33M27.0M8.1M7.7M
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for TELUS Stock Analysis

When running TELUS International's price analysis, check to measure TELUS International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TELUS International is operating at the current time. Most of TELUS International's value examination focuses on studying past and present price action to predict the probability of TELUS International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELUS International's price. Additionally, you may evaluate how the addition of TELUS International to your portfolios can decrease your overall portfolio volatility.