TELUS Retained Earnings vs Common Stock 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 Retained Earnings 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.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TELUS International Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between TELUS International's Retained Earnings and Common Stock is 0.91. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., TELUS International's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	44M	41M	144M	151.2M
Depreciation And Amortization	254.7M	247.8M	329.9M	190.5M

Interest Expense Depreciation And Amortization

TELUS International fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.1	-0.07	0.18	0.16	0.23	-0.33	0.68	0.22	-0.26	-0.06	0.46	0.53	-0.12	0.09	-0.64	0.24	-0.1	-0.1	0.22	0.1	0.16	-0.08	0.54	0.08	-0.25
Total Assets	0.1		0.96	0.84	0.94	0.97	0.85	-0.61	0.95	-0.82	0.96	0.89	0.78	0.95	1.0	0.34	0.96	0.93	0.96	0.97	1.0	0.97	0.94	0.76	1.0	0.8
Short Long Term Debt Total	-0.07	0.96		0.71	0.87	0.87	0.91	-0.73	0.9	-0.79	1.0	0.79	0.76	0.96	0.97	0.32	0.88	0.99	0.97	0.87	0.97	0.93	0.99	0.63	0.97	0.89
Other Current Liab	0.18	0.84	0.71		0.91	0.9	0.64	-0.45	0.89	-0.82	0.71	0.84	0.56	0.82	0.83	0.42	0.91	0.65	0.82	0.94	0.8	0.88	0.64	0.77	0.82	0.58
Total Current Liabilities	0.16	0.94	0.87	0.91		0.95	0.78	-0.56	0.92	-0.8	0.86	0.83	0.72	0.87	0.94	0.4	0.96	0.8	0.88	0.96	0.92	0.94	0.8	0.67	0.93	0.61
Total Stockholder Equity	0.23	0.97	0.87	0.9	0.95		0.75	-0.47	0.95	-0.81	0.87	0.92	0.75	0.88	0.97	0.34	0.98	0.83	0.89	0.99	0.96	0.95	0.84	0.82	0.97	0.68
Other Liab	-0.33	0.85	0.91	0.64	0.78	0.75		-0.9	0.71	-0.53	0.91	0.61	0.57	0.92	0.86	0.61	0.71	0.89	0.91	0.74	0.86	0.85	0.9	0.41	0.86	0.81
Net Tangible Assets	0.68	-0.61	-0.73	-0.45	-0.56	-0.47	-0.9		-0.48	0.37	-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
Property Plant And Equipment Net	0.22	0.95	0.9	0.89	0.92	0.95	0.71	-0.48		-0.95	0.9	0.91	0.76	0.91	0.95	0.18	0.98	0.87	0.92	0.97	0.94	0.94	0.86	0.82	0.95	0.77
Current Deferred Revenue	-0.26	-0.82	-0.79	-0.82	-0.8	-0.81	-0.53	0.37	-0.95		-0.78	-0.83	-0.69	-0.81	-0.81	0.03	-0.89	-0.76	-0.81	-0.86	-0.79	-0.82	-0.74	-0.77	-0.81	-0.73
Net Debt	-0.06	0.96	1.0	0.71	0.86	0.87	0.91	-0.73	0.9	-0.78		0.79	0.76	0.96	0.97	0.31	0.88	0.99	0.97	0.87	0.96	0.92	0.99	0.63	0.97	0.89
Retained Earnings	0.46	0.89	0.79	0.84	0.83	0.92	0.61	-0.27	0.91	-0.83	0.79		0.88	0.81	0.88	0.04	0.9	0.77	0.82	0.93	0.88	0.93	0.77	0.95	0.89	0.67
Accounts Payable	0.53	0.78	0.76	0.56	0.72	0.75	0.57	-0.22	0.76	-0.69	0.76	0.88		0.68	0.78	-0.19	0.74	0.75	0.69	0.74	0.79	0.83	0.76	0.77	0.78	0.57
Cash	-0.12	0.95	0.96	0.82	0.87	0.88	0.92	-0.77	0.91	-0.81	0.96	0.81	0.68		0.95	0.43	0.88	0.95	1.0	0.9	0.94	0.95	0.94	0.68	0.95	0.91
Non Current Assets Total	0.09	1.0	0.97	0.83	0.94	0.97	0.86	-0.62	0.95	-0.81	0.97	0.88	0.78	0.95		0.34	0.96	0.94	0.96	0.96	1.0	0.97	0.95	0.74	1.0	0.8
Non Currrent Assets Other	-0.64	0.34	0.32	0.42	0.4	0.34	0.61	-0.72	0.18	0.03	0.31	0.04	-0.19	0.43	0.34		0.26	0.27	0.41	0.33	0.33	0.32	0.28	-0.09	0.34	0.24
Other Assets	0.24	0.96	0.88	0.91	0.96	0.98	0.71	-0.46	0.98	-0.89	0.88	0.9	0.74	0.88	0.96	0.26		0.83	0.89	0.99	0.95	0.93	0.83	0.79	0.95	0.68
Long Term Debt	-0.1	0.93	0.99	0.65	0.8	0.83	0.89	-0.73	0.87	-0.76	0.99	0.77	0.75	0.95	0.94	0.27	0.83		0.96	0.83	0.94	0.9	1.0	0.63	0.95	0.93
Cash And Short Term Investments	-0.1	0.96	0.97	0.82	0.88	0.89	0.91	-0.76	0.92	-0.81	0.97	0.82	0.69	1.0	0.96	0.41	0.89	0.96		0.91	0.95	0.95	0.95	0.69	0.96	0.91
Net Receivables	0.22	0.97	0.87	0.94	0.96	0.99	0.74	-0.49	0.97	-0.86	0.87	0.93	0.74	0.9	0.96	0.33	0.99	0.83	0.91		0.95	0.96	0.83	0.83	0.96	0.7
Good Will	0.1	1.0	0.97	0.8	0.92	0.96	0.86	-0.61	0.94	-0.79	0.96	0.88	0.79	0.94	1.0	0.33	0.95	0.94	0.95	0.95		0.96	0.95	0.75	1.0	0.8
Common Stock Total Equity	0.16	0.97	0.93	0.88	0.94	0.95	0.85	-0.59	0.94	-0.82	0.92	0.93	0.83	0.95	0.97	0.32	0.93	0.9	0.95	0.96	0.96		0.9	0.8	0.97	0.78
Non Current Liabilities Total	-0.08	0.94	0.99	0.64	0.8	0.84	0.9	-0.72	0.86	-0.74	0.99	0.77	0.76	0.94	0.95	0.28	0.83	1.0	0.95	0.83	0.95	0.9		0.62	0.95	0.92
Inventory	0.54	0.76	0.63	0.77	0.67	0.82	0.41	-0.07	0.82	-0.77	0.63	0.95	0.77	0.68	0.74	-0.09	0.79	0.63	0.69	0.83	0.75	0.8	0.62		0.76	0.59
Other Current Assets	0.08	1.0	0.97	0.82	0.93	0.97	0.86	-0.62	0.95	-0.81	0.97	0.89	0.78	0.95	1.0	0.34	0.95	0.95	0.96	0.96	1.0	0.97	0.95	0.76		0.82
Other Stockholder Equity	-0.25	0.8	0.89	0.58	0.61	0.68	0.81	-0.74	0.77	-0.73	0.89	0.67	0.57	0.91	0.8	0.24	0.68	0.93	0.91	0.7	0.8	0.78	0.92	0.59	0.82

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TELUS International Account Relationship Matchups

TELUS International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	270.7M	226M	267M	270M	286M	290.8M
Total Assets	1.2B	3.7B	3.6B	3.6B	4.8B	3.3B
Short Long Term Debt Total	520.5M	1.8B	1.1B	964M	1.8B	1.2B
Other Current Liab	208.8M	243M	331M	363M	251M	286.1M
Total Current Liabilities	275.9M	505.1M	807M	552M	649M	546.6M
Total Stockholder Equity	245.8M	1.1B	1.7B	1.8B	2.0B	1.3B
Other Liab	166.4M	450.6M	344M	285M	327.8M	321.9M
Net Tangible Assets	(262.3M)	(1.7B)	(883M)	(520M)	(468M)	(491.4M)
Property Plant And Equipment Net	301M	362.1M	405M	449M	517M	394.0M
Net Debt	441M	1.6B	1.0B	839M	1.6B	1.1B
Retained Earnings	(54M)	32.5M	107M	292M	347M	364.4M
Accounts Payable	20.3M	56M	79M	39M	215M	225.8M
Cash	79.5M	152.5M	115M	125M	127M	121.8M
Non Current Assets Total	840.6M	3.2B	3.0B	2.9B	4.1B	2.7B
Non Currrent Assets Other	1M	33.7M	33M	27.0M	8.1M	7.7M
Other Assets	31.5M	40.2M	56M	54M	62.1M	44M
Long Term Debt	477.7M	1.7B	820M	881M	1.6B	1.1B
Cash And Short Term Investments	79.5M	152.5M	115M	125M	131M	122.6M
Net Receivables	217.7M	363M	473M	516M	512M	410.9M
Good Will	418.4M	1.5B	1.4B	1.4B	2.0B	1.3B
Liabilities And Stockholders Equity	1.2B	3.7B	3.6B	3.6B	4.8B	3.3B
Non Current Liabilities Total	647.3M	2.1B	1.2B	1.2B	2.1B	1.4B
Inventory	3.3M	1.8M	3M	19M	16M	16.8M
Other Current Assets	27.9M	81M	73M	74M	100M	69.6M
Other Stockholder Equity	38.6M	89.4M	24M	55M	63.3M	51.9M
Total Liab	923.2M	2.6B	2.0B	1.7B	2.8B	2.0B
Net Invested Capital	766.3M	2.9B	1.1B	2.8B	3.8B	2.2B
Property Plant And Equipment Gross	301M	362.1M	767M	882M	1.1B	637.5M
Short Long Term Debt	42.8M	92.3M	328M	83M	122M	123.6M
Total Current Assets	328.4M	548.2M	627M	695M	743M	585.1M
Accumulated Other Comprehensive Income	15.4M	89.4M	34M	(12M)	(13M)	(12.4M)
Capital Stock	245.8M	989M	1.5B	1.5B	1.6B	1.1B
Non Current Liabilities Other	4.2M	12.3M	12M	21M	16M	12.8M
Net Working Capital	52.5M	43.1M	(180M)	143M	94M	98.7M
Short Term Debt	42.8M	92M	330M	83M	122M	123.9M
Intangible Assets	89.7M	1.3B	1.2B	1.0B	1.5B	953.5M
Common Stock	245.8M	989M	1.5B	1.5B	1.6B	1.1B

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