VIV Stock | | | USD 8.99 0.01 0.11% |
Telefonica Brasil financial indicator trend analysis is much more than just breaking down Telefonica Brasil prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telefonica Brasil is a good investment. Please check the relationship between Telefonica Brasil Non Current Assets Total and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telefonica Brasil SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Non Current Assets Total vs Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telefonica Brasil Non Current Assets Total account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Telefonica Brasil's Non Current Assets Total and Cash is 0.25. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Telefonica Brasil SA, assuming nothing else is changed. The correlation between historical values of Telefonica Brasil's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Telefonica Brasil SA are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Telefonica Brasil's Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Cash
Cash refers to the most liquid asset of Telefonica Brasil, which is listed under current asset account on Telefonica Brasil SA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Telefonica Brasil customers. The amounts must be unrestricted with restricted cash listed in a different Telefonica Brasil account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Telefonica Brasil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonica Brasil 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 Telefonica Brasil SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Selling General Administrative is likely to climb to about 3.5
B in 2024.
Tax Provision is likely to climb to about 814.5
M in 2024
Telefonica Brasil fundamental ratios Correlations
Click cells to compare fundamentals
Telefonica Brasil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telefonica Brasil fundamental ratios Accounts
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Additional Tools for Telefonica Stock Analysis
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measure Telefonica Brasil'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 Telefonica Brasil is operating at the current time. Most of Telefonica Brasil's value examination focuses on studying past and present price action to
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