Verizon Net Debt vs Net Receivables Analysis
| VZ Stock | 18.87 0.26 1.40% |
Verizon Communications financial indicator trend analysis is much more than just breaking down Verizon Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Verizon Communications is a good investment. Please check the relationship between Verizon Communications Net Debt and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications CDR. 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 Verizon Stock, please use our How to Invest in Verizon Communications guide.
Net Debt vs Net Receivables
Net Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Net Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Verizon Communications' Net Debt and Net Receivables is 0.7. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Verizon Communications CDR, assuming nothing else is changed. The correlation between historical values of Verizon Communications' Net Debt and Net Receivables 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 Verizon Communications CDR are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Verizon Communications' Net Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Net Receivables
Most indicators from Verizon Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Verizon Communications 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 Verizon Communications CDR. 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 Verizon Stock, please use our How to Invest in Verizon Communications guide.As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 33.9 B, while Tax Provision is likely to drop about 4.8 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5B | 3.6B | 5.5B | 4.6B | Interest Income | 48M | 146M | 354M | 371.7M |
Verizon Communications fundamental ratios Correlations
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Verizon Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Verizon Communications
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 Verizon Communications 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 Verizon Communications will appreciate offsetting losses from the drop in the long position's value.Moving against Verizon Stock
The ability to find closely correlated positions to Verizon Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Verizon Communications 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 Verizon Communications - 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 Verizon Communications CDR to buy it.
The correlation of Verizon Communications 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 Verizon Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Verizon Communications 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 Verizon Communications 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.Other Information on Investing in Verizon Stock
Balance Sheet is a snapshot of the financial position of Verizon Communications at a specified time, usually calculated after every quarter, six months, or one year. Verizon Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Verizon Communications and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Verizon currently owns. An asset can also be divided into two categories, current and non-current.