TTZ Stock | | | CAD 0.22 0.01 4.35% |
Total Telcom financial indicator trend analysis is much more than just breaking down Total Telcom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Total Telcom is a good investment. Please check the relationship between Total Telcom Average Payables and its Book Value Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Total Telcom. 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.
Average Payables vs Book Value Per Share
Average Payables vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Total Telcom Average Payables account and
Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Total Telcom's Average Payables and Book Value Per Share is -0.08. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Total Telcom, assuming nothing else is changed. The correlation between historical values of Total Telcom's Average Payables and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Total Telcom are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Average Payables i.e., Total Telcom's Average Payables and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Total Telcom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Total Telcom 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 Total Telcom. 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.
At this time, Total Telcom's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.44 in 2024, whereas
Selling General Administrative is likely to drop slightly above 373.2
K in 2024.
Total Telcom fundamental ratios Correlations
Click cells to compare fundamentals
Total Telcom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Total Telcom fundamental ratios Accounts
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