Telus Current Deferred Revenue vs Common Stock Analysis

TU Stock  USD 15.48  0.28  1.84%   
Telus Corp financial indicator trend analysis is much more than just breaking down Telus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telus Corp is a good investment. Please check the relationship between Telus Corp Current Deferred Revenue and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus 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 employment.
For more information on how to buy Telus Stock please use our How to Invest in Telus Corp guide.

Current Deferred Revenue vs Common Stock

Current Deferred Revenue vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telus Corp Current Deferred Revenue account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telus Corp's Current Deferred Revenue and Common Stock is 0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock in the same time period over historical financial statements of Telus Corp, assuming nothing else is changed. The correlation between historical values of Telus Corp's Current Deferred Revenue 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 Current Deferred Revenue of Telus Corp 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 Current Deferred Revenue i.e., Telus Corp's Current Deferred Revenue and Common Stock go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock

Most indicators from Telus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telus 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 Telus 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 employment.
For more information on how to buy Telus Stock please use our How to Invest in Telus Corp guide.At this time, Telus Corp's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 392.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.1B11.2B12.5B6.5B
Total Revenue16.8B18.3B20.0B12.1B

Telus Corp fundamental ratios Correlations

0.990.960.980.850.870.990.60.090.940.850.720.940.980.750.990.92-0.241.00.910.990.850.990.720.860.92
0.990.960.970.820.861.00.580.050.940.840.70.940.970.70.990.91-0.261.00.890.980.850.990.690.820.92
0.960.960.950.810.840.950.59-0.160.930.820.660.930.930.650.950.91-0.220.960.860.940.840.950.650.770.93
0.980.970.950.810.80.970.480.070.90.80.790.90.960.760.950.9-0.160.970.950.960.930.970.660.840.9
0.850.820.810.810.960.820.710.140.820.970.640.820.830.730.830.79-0.180.830.80.850.660.850.840.740.79
0.870.860.840.80.960.860.790.020.860.990.510.860.820.620.880.78-0.280.870.720.850.620.870.840.710.85
0.991.00.950.970.820.860.580.050.940.840.70.940.970.70.990.91-0.261.00.890.980.850.990.690.830.91
0.60.580.590.480.710.790.58-0.030.630.740.180.620.570.280.640.54-0.350.610.380.610.230.60.670.440.66
0.090.05-0.160.070.140.020.05-0.030.00.060.280.00.130.320.050.050.180.060.180.090.00.070.120.22-0.07
0.940.940.930.90.820.860.940.630.00.830.671.00.90.60.940.9-0.290.940.830.930.760.920.630.710.92
0.850.840.820.80.970.990.840.740.060.830.520.830.810.680.860.75-0.270.850.730.830.620.860.870.750.8
0.720.70.660.790.640.510.70.180.280.670.520.670.760.560.630.830.020.670.940.750.840.680.280.50.56
0.940.940.930.90.820.860.940.620.01.00.830.670.90.60.940.91-0.30.940.830.930.760.920.620.710.92
0.980.970.930.960.830.820.970.570.130.90.810.760.90.760.960.94-0.170.970.921.00.860.960.670.820.9
0.750.70.650.760.730.620.70.280.320.60.680.560.60.760.710.56-0.080.730.720.720.660.760.790.940.59
0.990.990.950.950.830.880.990.640.050.940.860.630.940.960.710.89-0.311.00.850.970.790.990.740.850.92
0.920.910.910.90.790.780.910.540.050.90.750.830.910.940.560.89-0.160.90.920.950.820.880.470.620.86
-0.24-0.26-0.22-0.16-0.18-0.28-0.26-0.350.18-0.29-0.270.02-0.3-0.17-0.08-0.31-0.16-0.28-0.07-0.20.09-0.28-0.26-0.25-0.21
1.01.00.960.970.830.871.00.610.060.940.850.670.940.970.731.00.9-0.280.880.980.830.990.730.860.92
0.910.890.860.950.80.720.890.380.180.830.730.940.830.920.720.850.92-0.070.880.910.930.890.540.730.78
0.990.980.940.960.850.850.980.610.090.930.830.750.931.00.720.970.95-0.20.980.910.850.960.680.810.92
0.850.850.840.930.660.620.850.230.00.760.620.840.760.860.660.790.820.090.830.930.850.830.460.680.77
0.990.990.950.970.850.870.990.60.070.920.860.680.920.960.760.990.88-0.280.990.890.960.830.750.880.9
0.720.690.650.660.840.840.690.670.120.630.870.280.620.670.790.740.47-0.260.730.540.680.460.750.850.64
0.860.820.770.840.740.710.830.440.220.710.750.50.710.820.940.850.62-0.250.860.730.810.680.880.850.73
0.920.920.930.90.790.850.910.66-0.070.920.80.560.920.90.590.920.86-0.210.920.780.920.770.90.640.73
Click cells to compare fundamentals

Telus Corp Account Relationship Matchups

Telus Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.0B43.3B48.0B54.0B56.1B58.9B
Short Long Term Debt Total18.6B20.4B21.0B25.1B27.5B28.8B
Other Current Liab2.6B3.9B4.3B4.0B4.7B4.9B
Total Current Liabilities5.6B5.9B8.3B8.3B9.5B10.0B
Total Stockholder Equity10.5B12.1B15.1B16.6B16.1B9.4B
Property Plant And Equipment Net14.2B15.0B15.9B17.1B17.2B11.1B
Net Debt18.0B19.5B20.2B24.2B26.6B27.9B
Retained Earnings4.4B3.7B4.3B4.1B2.8B2.5B
Accounts Payable892M855M1.2B1.4B996M1.1B
Cash535M848M723M974M864M907.2M
Non Current Assets Total33.6B38.6B43.0B48.0B49.8B25.1B
Non Currrent Assets Other82M119M1.7B1.9B2.0B2.1B
Cash And Short Term Investments535M848M723M974M882M926.1M
Net Receivables2.8B2.9B3.3B3.9B4.2B4.5B
Common Stock Shares Outstanding1.2B1.3B1.4B1.4B1.5B1.4B
Liabilities And Stockholders Equity38.0B43.3B48.0B54.0B56.1B58.9B
Non Current Liabilities Total21.7B24.8B23.7B28.1B29.4B30.8B
Other Current Assets555M873M983M1.1B1.2B1.2B
Other Stockholder Equity398M534M1.0B956M997M947.2M
Total Liab27.3B30.7B31.9B36.4B38.8B40.8B
Property Plant And Equipment Gross14.2B15.0B42.8B45.5B47.4B49.8B
Total Current Assets4.4B4.7B5.0B6.1B6.3B6.6B
Short Term Debt1.4B1.0B2.6B2.7B3.6B3.7B
Intangible Assets12.8B15.0B17.5B19.2B19.7B20.7B
Inventory437M407M448M537M484M322.2M
Accumulated Other Comprehensive Income119M117M203M110M(44M)(41.8M)
Common Stock5.7B7.7B9.6B11.4B12.3B12.9B
Other Liab4.6B5.8B5.7B5.6B6.4B6.7B
Net Tangible Assets(7.6B)(10.2B)(9.7B)(11.8B)(10.6B)(10.1B)
Other Assets1.1B1.1B1.8B909M1.0B1.0B
Long Term Debt17.1B18.9B17.9B22.5B23.4B24.5B
Good Will5.3B7.2B7.3B9.2B10.1B10.6B
Common Stock Total Equity5.2B5.4B5.7B7.7B8.8B5.8B
Deferred Long Term Liab110M109M103M154M177.1M101.9M
Long Term Investments113M306M497M609M826M867.3M
Short Long Term Debt1.4B1.5B3.0B2.6B4.1B4.3B
Property Plant Equipment14.2B15.0B15.9B17.1B19.6B9.9B
Current Deferred Revenue675M772M854M891M971M792.6M
Long Term Debt Total17.1B18.9B17.9B22.5B25.9B17.1B

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Additional Tools for Telus Stock Analysis

When running Telus Corp's price analysis, check to measure Telus Corp'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 Telus Corp is operating at the current time. Most of Telus Corp's value examination focuses on studying past and present price action to predict the probability of Telus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telus Corp's price. Additionally, you may evaluate how the addition of Telus Corp to your portfolios can decrease your overall portfolio volatility.