Verizon Total Current Assets vs Long Term Debt Analysis

VZ Stock  USD 42.50  0.28  0.66%   
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 Total Current Assets and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Verizon Communications' Total Current Assets and Long Term Debt is 0.44. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Verizon Communications, assuming nothing else is changed. The correlation between historical values of Verizon Communications' Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Verizon Communications are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Verizon Communications' Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Verizon Communications has held for over one year. Long-term debt appears on Verizon Communications balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Verizon Communications balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.At this time, Verizon Communications' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 126.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 26.4 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit77.3B77.7B79.1B46.5B
Total Revenue133.6B136.8B134.0B78.9B

Verizon Communications fundamental ratios Correlations

0.920.570.960.860.810.850.80.020.990.720.010.860.660.930.770.85-0.070.950.490.820.160.120.83-0.01-0.66
0.920.450.930.790.690.960.85-0.120.930.79-0.130.890.690.960.70.78-0.40.970.350.82-0.030.410.80.29-0.67
0.570.450.540.270.780.40.230.050.550.530.050.560.860.610.60.380.010.60.490.20.460.060.160.06-0.37
0.960.930.540.880.770.920.86-0.180.980.79-0.190.90.660.910.740.89-0.20.940.320.90.20.240.840.1-0.66
0.860.790.270.880.660.770.94-0.120.870.61-0.130.820.360.70.720.91-0.120.750.330.920.130.210.890.05-0.69
0.810.690.780.770.660.640.60.040.790.680.040.730.820.760.850.74-0.010.780.590.60.240.240.550.07-0.6
0.850.960.40.920.770.640.87-0.380.890.82-0.390.880.670.920.690.77-0.520.930.110.83-0.030.520.810.4-0.65
0.80.850.230.860.940.60.87-0.30.820.71-0.310.860.430.740.720.86-0.440.770.180.91-0.010.490.860.37-0.75
0.02-0.120.05-0.18-0.120.04-0.38-0.3-0.12-0.311.0-0.22-0.11-0.08-0.13-0.140.55-0.10.79-0.230.01-0.51-0.23-0.50.09
0.990.930.550.980.870.790.890.82-0.120.76-0.120.860.660.930.780.85-0.130.950.370.850.170.170.860.04-0.65
0.720.790.530.790.610.680.820.71-0.310.76-0.310.690.720.80.70.57-0.470.810.160.70.050.580.660.4-0.58
0.01-0.130.05-0.19-0.130.04-0.39-0.311.0-0.12-0.31-0.22-0.11-0.08-0.14-0.150.56-0.10.79-0.240.01-0.51-0.23-0.510.1
0.860.890.560.90.820.730.880.86-0.220.860.69-0.220.730.850.680.85-0.380.870.360.760.040.380.650.32-0.79
0.660.690.860.660.360.820.670.43-0.110.660.72-0.110.730.80.650.49-0.350.780.420.360.090.430.280.37-0.57
0.930.960.610.910.70.760.920.74-0.080.930.8-0.080.850.80.750.72-0.341.00.40.710.020.340.730.26-0.67
0.770.70.60.740.720.850.690.72-0.130.780.7-0.140.680.650.750.66-0.20.760.370.640.080.370.710.27-0.57
0.850.780.380.890.910.740.770.86-0.140.850.57-0.150.850.490.720.66-0.120.760.360.90.190.20.760.07-0.71
-0.07-0.40.01-0.2-0.12-0.01-0.52-0.440.55-0.13-0.470.56-0.38-0.35-0.34-0.2-0.12-0.320.31-0.220.38-0.89-0.14-0.950.42
0.950.970.60.940.750.780.930.77-0.10.950.81-0.10.870.781.00.760.76-0.320.390.750.050.330.760.23-0.68
0.490.350.490.320.330.590.110.180.790.370.160.790.360.420.40.370.360.310.390.190.08-0.180.11-0.24-0.37
0.820.820.20.90.920.60.830.91-0.230.850.7-0.240.760.360.710.640.9-0.220.750.190.10.290.880.11-0.61
0.16-0.030.460.20.130.24-0.03-0.010.010.170.050.010.040.090.020.080.190.380.050.080.1-0.30.09-0.40.04
0.120.410.060.240.210.240.520.49-0.510.170.58-0.510.380.430.340.370.2-0.890.33-0.180.29-0.30.240.88-0.42
0.830.80.160.840.890.550.810.86-0.230.860.66-0.230.650.280.730.710.76-0.140.760.110.880.090.240.04-0.48
-0.010.290.060.10.050.070.40.37-0.50.040.4-0.510.320.370.260.270.07-0.950.23-0.240.11-0.40.880.04-0.38
-0.66-0.67-0.37-0.66-0.69-0.6-0.65-0.750.09-0.65-0.580.1-0.79-0.57-0.67-0.57-0.710.42-0.68-0.37-0.610.04-0.42-0.48-0.38
Click cells to compare fundamentals

Verizon Communications Account Relationship Matchups

Verizon Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets291.7B316.5B366.6B379.7B380.3B399.3B
Short Long Term Debt Total133.1B129.1B150.9B150.6B174.9B183.7B
Other Current Liab18.5B18.4B21.4B20.7B16.4B10.7B
Total Current Liabilities44.9B39.7B47.2B50.2B53.2B55.9B
Total Stockholder Equity61.4B67.8B81.8B91.1B92.4B97.1B
Property Plant And Equipment Net114.6B117.4B127.6B133.6B133.0B71.4B
Net Debt130.5B106.9B147.9B148.0B172.9B181.5B
Retained Earnings53.1B60.5B72.0B82.4B82.9B87.1B
Cash2.6B22.2B2.9B2.6B2.1B2.0B
Non Current Assets Total254.3B261.9B329.9B341.8B343.4B360.6B
Non Currrent Assets Other10.1B10.9B13.3B17.3B19.6B11.3B
Cash And Short Term Investments2.6B22.2B2.9B2.6B2.1B2.0B
Net Receivables25.4B24.7B24.6B24.5B25.1B26.3B
Common Stock Shares Outstanding4.1B4.1B4.2B4.2B4.2B2.7B
Liabilities And Stockholders Equity291.7B316.5B366.6B379.7B380.3B399.3B
Non Current Liabilities Total184.0B207.5B236.2B237.0B233.2B244.9B
Inventory1.4B1.8B3.1B2.4B2.1B1.2B
Other Current Assets8.0B6.7B6.0B8.4B7.6B8.0B
Other Stockholder Equity6.8B6.7B9.8B9.4B9.8B9.3B
Total Liab228.9B247.2B283.4B287.2B286.5B300.8B
Total Current Assets37.5B54.6B36.7B37.9B36.8B21.8B
Short Term Debt14.0B9.7B11.7B14.1B17.2B18.1B
Accounts Payable7.7B6.7B8.0B8.8B10.0B6.7B
Property Plant And Equipment Gross114.6B117.4B289.9B307.7B344.8B362.1B
Accumulated Other Comprehensive Income998M(71M)(927M)(1.9B)(724M)(760.2M)
Other Liab64.1B66.4B69.6B70.9B81.5B49.0B
Other Assets9.1B13.7B13.3B17.3B19.9B20.9B
Long Term Debt99.9B123.2B143.4B140.7B137.7B83.2B
Treasury Stock(7.0B)(6.8B)(6.7B)(4.1B)(3.7B)(3.9B)
Intangible Assets104.6B105.5B159.3B161.3B166.7B93.0B
Property Plant Equipment91.9B94.8B127.6B133.6B153.6B96.9B
Current Deferred Revenue4.7B4.8B6.1B6.6B7.0B3.5B
Good Will24.4B24.8B28.6B28.7B22.8B19.9B
Noncontrolling Interest In Consolidated Entity1.4B1.4B1.4B1.3B1.2B1.1B
Retained Earnings Total Equity53.1B60.5B72.0B82.4B94.7B99.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Verizon Stock Analysis

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