Telesat Net Debt vs Property Plant And Equipment Net Analysis
TSAT Stock | 16.75 0.69 4.30% |
Telesat Corp financial indicator trend analysis is much more than just breaking down Telesat Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telesat Corp is a good investment. Please check the relationship between Telesat Corp Net Debt and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.
Net Debt vs Property Plant And Equipment Net
Net Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telesat Corp Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Telesat Corp's Net Debt and Property Plant And Equipment Net is -0.4. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Telesat Corp, assuming nothing else is changed. The correlation between historical values of Telesat Corp's Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Telesat Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Telesat Corp's Net Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Telesat Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telesat Corp 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 Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.As of the 24th of November 2024, Tax Provision is likely to grow to about 94.1 M, while Selling General Administrative is likely to drop about 85.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 758.2M | 759.2M | 704.2M | 689.0M | Depreciation And Amortization | 219.8M | 203.7M | 195.8M | 189.3M |
Telesat Corp fundamental ratios Correlations
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Telesat Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telesat Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9B | 5.6B | 6.4B | 6.5B | 6.3B | 6.6B | |
Other Current Liab | 43.0M | 72.8M | 47.2M | 58.9M | 36.8M | 34.9M | |
Total Current Liabilities | 161.3M | 162.1M | 182.0M | 171.4M | 137.7M | 164.9M | |
Total Stockholder Equity | 1.2B | 1.5B | 416.5M | 480.4M | 661.9M | 792.8M | |
Property Plant And Equipment Net | 1.5B | 1.3B | 1.4B | 1.4B | 1.3B | 1.3B | |
Net Debt | 3.2B | 2.4B | 2.3B | 2.2B | 1.8B | 2.8B | |
Retained Earnings | 1.0B | 1.3B | 350.9M | 355.2M | 534.1M | 668.0M | |
Accounts Payable | 26.2M | 5.4M | 54.6M | 43.6M | 43.6M | 45.8M | |
Cash | 542.5M | 818.4M | 1.4B | 1.7B | 1.4B | 880.9M | |
Non Current Assets Total | 4.8B | 4.7B | 4.7B | 4.7B | 4.5B | 4.0B | |
Non Currrent Assets Other | 14.5M | 277K | 43.5M | 63.3M | 47.8M | 50.2M | |
Other Assets | 78.4M | 143.3M | 106.1M | 123.7M | 142.3M | 111.5M | |
Cash And Short Term Investments | 1.0B | 818.8M | 1.5B | 1.7B | 1.7B | 950.3M | |
Net Receivables | 90.8M | 55.0M | 125.9M | 59.7M | 94.8M | 69.8M | |
Short Term Investments | 484.7M | 448K | 861K | 515K | 245.2M | 257.4M | |
Non Current Liabilities Total | 4.5B | 4.0B | 4.5B | 4.5B | 3.7B | 4.7B | |
Inventory | 3.6M | 5.2M | 17.0M | 2.0M | 4.3M | 5.7M | |
Other Current Assets | 13.3M | 8.3M | 41.1M | 50.3M | 48.2M | 34.0M | |
Total Liab | 4.7B | 4.1B | 4.7B | 4.6B | 3.9B | 3.7B | |
Total Current Assets | 1.1B | 893.6M | 1.6B | 1.8B | 1.8B | 1.1B | |
Intangible Assets | 802.8M | 779.2M | 764.1M | 756.9M | 692.8M | 639.2M | |
Common Stock | 26.6M | 155.7M | 42.8M | 46.6M | 51.3M | 48.7M | |
Short Long Term Debt Total | 3.7B | 3.2B | 3.8B | 3.9B | 3.2B | 2.9B | |
Liabilities And Stockholders Equity | 5.9B | 5.6B | 6.4B | 6.5B | 6.3B | 6.6B | |
Accumulated Other Comprehensive Income | 59.4M | 37.7M | 22.8M | 78.6M | 76.6M | 56.5M | |
Short Term Debt | 26.3M | 2.1M | 1.9M | 2.1M | 2.2M | 2.1M | |
Other Liab | 795.6M | 739.6M | 657.9M | 590.4M | 531.4M | 605.2M | |
Net Tangible Assets | (2.2B) | (2.0B) | (1.8B) | (2.8B) | (2.5B) | (2.6B) | |
Deferred Long Term Liab | 1.0M | 775K | 511K | 247K | 222.3K | 211.2K | |
Property Plant Equipment | 1.7B | 1.5B | 1.3B | 1.4B | 1.3B | 1.2B |
Pair Trading with Telesat Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telesat Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telesat Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Telesat Stock
0.7 | WINS | Winshear Gold Corp Earnings Call This Week | PairCorr |
Moving against Telesat Stock
The ability to find closely correlated positions to Telesat Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telesat Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telesat Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telesat Corp to buy it.
The correlation of Telesat Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telesat Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telesat Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Telesat Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.