ATT Current Ratio vs. Price To Earning
| TBB Stock | USD 23.96 0.01 0.04% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.71308702 | Current Value 0.8 | Quarterly Volatility 0.0959926 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.64 | 0.4372 |
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| Operating Profit Margin | 0.21 | 0.2023 |
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For ATT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ATT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ATT Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ATT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ATT Inc over time as well as its relative position and ranking within its peers.
ATT |
ATT's Revenue Breakdown by Earning Segment
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Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATT. If investors know ATT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.99 | Return On Equity 0.1212 |
The market value of ATT Inc is measured differently than its book value, which is the value of ATT that is recorded on the company's balance sheet. Investors also form their own opinion of ATT's value that differs from its market value or its book value, called intrinsic value, which is ATT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATT's market value can be influenced by many factors that don't directly affect ATT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ATT Inc Price To Earning vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ATT's current stock value. Our valuation model uses many indicators to compare ATT value to that of its competitors to determine the firm's financial worth. ATT Inc is rated below average in current ratio category among its peers. It is rated fifth in price to earning category among its peers reporting about 5.49 of Price To Earning per Current Ratio. At present, ATT's Current Ratio is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ATT's earnings, one of the primary drivers of an investment's value.ATT Price To Earning vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
ATT |
| = | 0.81 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
ATT |
| = | 4.45 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
ATT Price To Earning Comparison
ATT is currently under evaluation in price to earning category among its peers.
ATT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ATT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ATT will eventually generate negative long term returns. The profitability progress is the general direction of ATT's change in net profit over the period of time. It can combine multiple indicators of ATT, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.3 B | 2.4 B | |
| Operating Income | 24.8 B | 14.1 B | |
| Income Before Tax | 19.8 B | 10.7 B | |
| Total Other Income Expense Net | -4.9 B | -4.7 B | |
| Net Income | 14.4 B | 8.8 B | |
| Income Tax Expense | 4.2 B | 2.7 B | |
| Net Loss | -10.1 B | -9.6 B | |
| Non Operating Income Net Other | 8.7 B | 9.2 B | |
| Net Loss | -7.9 B | -7.5 B | |
| Interest Income | 7.2 B | 7.2 B | |
| Net Interest Income | -6.5 B | -6.9 B | |
| Change To Netincome | 44.7 B | 29.4 B | |
| Net Income Per Share | 1.97 | 2.07 | |
| Income Quality | 2.66 | 2.13 | |
| Net Income Per E B T | 0.73 | 0.58 |
ATT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ATT. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ATT position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ATT's important profitability drivers and their relationship over time.
Use ATT in pair-trading
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 ATT 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 ATT will appreciate offsetting losses from the drop in the long position's value.ATT Pair Trading
ATT Inc Pair Trading Analysis
The ability to find closely correlated positions to ATT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATT 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 ATT - 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 ATT Inc to buy it.
The correlation of ATT 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 ATT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATT Inc 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 ATT 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.Use Investing Themes to Complement your ATT position
In addition to having ATT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project ATT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ATT Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ATT's income statement, its balance sheet, and the statement of cash flows.