| 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 Other Current Assets and its Total Current Liabilities 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.
Other Current Assets vs Total Current Liabilities
Other Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Total Telcom Other Current Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Total Telcom's Other Current Assets and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities 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 Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Total Telcom are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Total Telcom's Other Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Total Current Liabilities
Total Current Liabilities is an item on Total Telcom balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Total Telcom are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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Additional Tools for Total Stock Analysis
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measure Total Telcom'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 Total Telcom is operating at the current time. Most of Total Telcom's value examination focuses on studying past and present price action to
predict the probability of Total Telcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Total Telcom's price. Additionally, you may evaluate how the addition of Total Telcom to your portfolios can decrease your overall portfolio volatility.