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 Revenue and its Other Operating Expenses 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 Revenue vs Other Operating Expenses
Total Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Verizon Communications Total Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Verizon Communications' Total Revenue and Other Operating Expenses is 0.98. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses 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 Revenue and Other Operating Expenses 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 Revenue of Verizon Communications are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Verizon Communications' Total Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Verizon Communications generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Verizon Communications. It is also known as Verizon Communications overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Profit | 77.3B | 77.7B | 79.1B | 46.5B | Total Revenue | 133.6B | 136.8B | 134.0B | 78.9B |
Verizon Communications fundamental ratios Correlations
Click cells to compare fundamentals
Verizon Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Verizon Communications fundamental ratios Accounts
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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.