TMUS Depreciation vs Other Non Cash Items Analysis

TMUS Stock  USD 246.94  0.74  0.30%   
T Mobile financial indicator trend analysis is much more than just breaking down T Mobile prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether T Mobile is a good investment. Please check the relationship between T Mobile Depreciation and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy TMUS Stock please use our How to Invest in T Mobile guide.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of T Mobile Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between T Mobile's Depreciation and Other Non Cash Items is 0.78. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of T Mobile, assuming nothing else is changed. The correlation between historical values of T Mobile's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of T Mobile are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., T Mobile's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of T Mobile value has been used up. For tax purposes T Mobile can deduct the cost of the tangible assets it purchases as business expenses. However, T Mobile must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

Most indicators from T Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into T Mobile 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 T Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy TMUS Stock please use our How to Invest in T Mobile guide.At this time, T Mobile's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.6 B in 2024, whereas Discontinued Operations is likely to drop slightly above 201.1 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses73.2B71.5B64.3B67.5B
Depreciation And Amortization16.4B13.7B12.8B13.5B

T Mobile fundamental ratios Correlations

1.01.00.980.541.0-0.380.950.470.910.921.00.920.890.981.0-0.090.980.430.970.80.770.960.660.51.0
1.01.00.980.531.0-0.420.950.450.890.920.990.90.870.980.99-0.070.980.440.960.80.770.960.650.491.0
1.01.00.980.531.0-0.390.950.460.890.911.00.910.870.980.99-0.110.980.450.960.790.770.970.650.480.99
0.980.980.980.520.98-0.340.940.450.820.840.980.940.841.00.99-0.180.930.550.930.710.660.980.540.340.98
0.540.530.530.520.51-0.470.290.960.540.660.550.360.80.560.55-0.030.53-0.170.530.690.590.490.620.330.49
1.01.01.00.980.51-0.380.960.440.890.911.00.920.870.981.0-0.10.980.460.970.780.760.970.640.481.0
-0.38-0.42-0.39-0.34-0.47-0.38-0.23-0.41-0.33-0.47-0.36-0.02-0.39-0.36-0.35-0.22-0.440.0-0.32-0.64-0.46-0.39-0.44-0.27-0.37
0.950.950.950.940.290.96-0.230.210.840.810.950.950.730.930.95-0.120.920.560.910.650.670.930.560.420.97
0.470.450.460.450.960.44-0.410.210.50.610.480.30.770.490.48-0.070.47-0.240.480.650.550.410.60.390.42
0.910.890.890.820.540.89-0.330.840.50.980.910.790.920.820.90.160.950.040.960.840.90.770.820.780.9
0.920.920.910.840.660.91-0.470.810.610.980.920.750.950.850.910.130.960.050.960.90.910.810.810.730.91
1.00.991.00.980.551.0-0.360.950.480.910.920.930.90.981.0-0.090.980.420.980.790.770.960.660.51.0
0.920.90.910.940.360.92-0.020.950.30.790.750.930.760.930.93-0.270.860.570.890.550.570.910.470.310.93
0.890.870.870.840.80.87-0.390.730.770.920.950.90.760.860.890.020.90.030.920.850.820.790.780.630.86
0.980.980.981.00.560.98-0.360.930.490.820.850.980.930.860.99-0.180.930.530.930.720.670.980.560.340.98
1.00.990.990.990.551.0-0.350.950.480.90.911.00.930.890.99-0.120.970.440.970.770.750.960.640.471.0
-0.09-0.07-0.11-0.18-0.03-0.1-0.22-0.12-0.070.160.13-0.09-0.270.02-0.18-0.120.04-0.470.020.260.21-0.290.240.34-0.08
0.980.980.980.930.530.98-0.440.920.470.950.960.980.860.90.930.970.040.30.980.860.860.910.740.630.98
0.430.440.450.55-0.170.460.00.56-0.240.040.050.420.570.030.530.44-0.470.30.260.0-0.10.59-0.2-0.420.45
0.970.960.960.930.530.97-0.320.910.480.960.960.980.890.920.930.970.020.980.260.790.820.890.690.620.97
0.80.80.790.710.690.78-0.640.650.650.840.90.790.550.850.720.770.260.860.00.790.90.690.860.690.78
0.770.770.770.660.590.76-0.460.670.550.90.910.770.570.820.670.750.210.86-0.10.820.90.650.870.850.75
0.960.960.970.980.490.97-0.390.930.410.770.810.960.910.790.980.96-0.290.910.590.890.690.650.510.290.96
0.660.650.650.540.620.64-0.440.560.60.820.810.660.470.780.560.640.240.74-0.20.690.860.870.510.780.64
0.50.490.480.340.330.48-0.270.420.390.780.730.50.310.630.340.470.340.63-0.420.620.690.850.290.780.48
1.01.00.990.980.491.0-0.370.970.420.90.911.00.930.860.981.0-0.080.980.450.970.780.750.960.640.48
Click cells to compare fundamentals

T Mobile Account Relationship Matchups

T Mobile fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.9B200.2B206.6B211.3B207.7B218.1B
Total Stockholder Equity28.8B65.3B69.1B69.7B64.7B68.0B
Property Plant And Equipment Net35.6B72.2B70.1B74.1B70.8B74.4B
Net Debt24.6B93.8B99.4B103.4B108.0B113.3B
Cash1.5B10.4B6.6B4.5B5.1B3.0B
Non Current Assets Total77.6B176.3B185.7B192.3B188.7B198.1B
Non Currrent Assets Other3.5B(13.4B)(13.0B)(17.2B)6.3B6.6B
Other Assets3.5B4.8B6.1B6.7B7.7B8.1B
Cash And Short Term Investments1.5B10.4B6.6B4.5B5.1B3.3B
Common Stock Shares Outstanding865.0M1.2B1.3B1.3B1.2B1.3B
Liabilities And Stockholders Equity86.9B200.2B206.6B211.3B207.7B218.1B
Other Stockholder Equity38.5B72.8B73.3B70.9B58.3B61.2B
Total Liab58.1B134.8B137.5B141.7B143.0B150.1B
Property Plant And Equipment Gross35.6B72.2B70.1B74.1B129.3B135.8B
Total Current Assets9.3B23.9B20.9B19.1B19.0B20.0B
Short Long Term Debt Total26.1B104.2B106.0B107.9B113.1B118.7B
Non Current Liabilities Total45.6B113.1B114.0B116.9B122.0B128.1B
Other Current Liab1.9B(872M)4.1B582M(423M)(401.9M)
Total Current Liabilities12.5B21.7B23.5B24.7B20.9B22.0B
Retained Earnings(8.8B)(5.8B)(2.8B)(223M)7.3B7.7B
Net Receivables4.5B8.1B9.2B9.9B9.6B10.1B
Inventory964M2.5B2.6B1.9B1.7B966.0M
Other Current Assets2.3B2.9B2.5B2.8B2.6B1.3B
Accumulated Other Comprehensive Income(868M)(1.6B)(1.4B)(1.0B)(964M)(915.8M)
Short Term Debt3.3B14.4B10.2B14.5B13.2B13.9B
Current Deferred Revenue631M1.0B856M780M825M550.3M
Accounts Payable6.7B5.6B6.5B7.2B5.6B4.1B
Intangible Assets36.6B88.1B97.3B99.3B99.3B104.3B
Other Liab6.6B15.4B15.3B15.0B17.2B18.1B
Net Tangible Assets(9.6B)(33.9B)(40.4B)(41.9B)(37.7B)(35.8B)
Long Term Debt11.0B61.8B68.6B66.8B71.4B75.0B
Good Will1.9B11.1B12.2B12.2B14.1B14.8B
Retained Earnings Total Equity(8.8B)(5.8B)(2.8B)(223M)(200.7M)(210.7M)
Deferred Long Term Liab5.6B10.0B10.2B10.9B12.5B13.1B
Long Term Investments1.6B2.0B2.8B2.5B2.9B3.1B
Short Long Term Debt25M4.6B5.6B5.2B3.6B3.6B
Treasury Stock(6M)(8M)(11M)(13M)(11.7M)(11.1M)

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Additional Tools for TMUS Stock Analysis

When running T Mobile's price analysis, check to measure T Mobile'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 T Mobile is operating at the current time. Most of T Mobile's value examination focuses on studying past and present price action to predict the probability of T Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Mobile's price. Additionally, you may evaluate how the addition of T Mobile to your portfolios can decrease your overall portfolio volatility.