TELUS Non Currrent Assets Other vs Non Current Liabilities Total 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 Non Currrent Assets Other and its Non Current Liabilities Total 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.

Non Currrent Assets Other vs Non Current Liabilities Total

Non Currrent Assets Other vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TELUS International Non Currrent Assets Other account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between TELUS International's Non Currrent Assets Other and Non Current Liabilities Total is 0.82. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Liabilities Total 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 Non Currrent Assets Other and Non Current Liabilities Total 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 Currrent Assets Other of TELUS International are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Currrent Assets Other i.e., TELUS International's Non Currrent Assets Other and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Liabilities Total

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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