Telefonaktiebolaget Other Current Assets from 2010 to 2024

ERIC Stock  USD 5.29  0.03  0.57%   
Telefonaktiebolaget's Other Current Assets are decreasing over the years with stable fluctuation. Overall, Other Current Assets are expected to go to about 4.6 B this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1986-12-31
Previous Quarter
2.6 B
Current Value
19.1 B
Quarterly Volatility
8.9 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Telefonaktiebolaget financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Telefonaktiebolaget main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 B, Interest Expense of 3.6 B or Selling General Administrative of 29.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0452 or PTB Ratio of 3.65. Telefonaktiebolaget financial statements analysis is a perfect complement when working with Telefonaktiebolaget Valuation or Volatility modules.
  
This module can also supplement Telefonaktiebolaget's financial leverage analysis and stock options assessment as well as various Telefonaktiebolaget Technical models . Check out the analysis of Telefonaktiebolaget Correlation against competitors.

Latest Telefonaktiebolaget's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Telefonaktiebolaget LM Ericsson over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Telefonaktiebolaget's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Telefonaktiebolaget's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Telefonaktiebolaget Other Current Assets Regression Statistics

Arithmetic Mean3,778,261,264
Geometric Mean3,125,184,224
Coefficient Of Variation56.04
Mean Deviation1,841,507,342
Median2,773,000,000
Standard Deviation2,117,174,151
Sample Variance4482426.4T
Range6.4B
R-Value(0.25)
Mean Square Error4516713.3T
R-Squared0.06
Significance0.36
Slope(120,069,871)
Total Sum of Squares62753969.4T

Telefonaktiebolaget Other Current Assets History

20244.6 B
20232.6 B
20222.5 B
20212.3 B
20201.9 B
20191.4 B
20182.8 B

About Telefonaktiebolaget Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Telefonaktiebolaget income statement, its balance sheet, and the statement of cash flows. Telefonaktiebolaget investors use historical funamental indicators, such as Telefonaktiebolaget's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Telefonaktiebolaget investors may use each financial statement separately, they are all related. The changes in Telefonaktiebolaget's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Telefonaktiebolaget's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Telefonaktiebolaget Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Telefonaktiebolaget. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets2.6 B4.6 B

Pair Trading with Telefonaktiebolaget

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 Telefonaktiebolaget 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 Telefonaktiebolaget will appreciate offsetting losses from the drop in the long position's value.

Moving against Telefonaktiebolaget Stock

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The ability to find closely correlated positions to Telefonaktiebolaget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telefonaktiebolaget 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 Telefonaktiebolaget - 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 Telefonaktiebolaget LM Ericsson to buy it.
The correlation of Telefonaktiebolaget 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 Telefonaktiebolaget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telefonaktiebolaget 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 Telefonaktiebolaget 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.
Pair CorrelationCorrelation Matching
When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock:
Check out the analysis of Telefonaktiebolaget Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Telefonaktiebolaget's industry 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 Telefonaktiebolaget. If investors know Telefonaktiebolaget 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 Telefonaktiebolaget listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.707
Dividend Share
2.7
Earnings Share
(0.71)
Revenue Per Share
76.307
Quarterly Revenue Growth
(0.15)
The market value of Telefonaktiebolaget is measured differently than its book value, which is the value of Telefonaktiebolaget that is recorded on the company's balance sheet. Investors also form their own opinion of Telefonaktiebolaget's value that differs from its market value or its book value, called intrinsic value, which is Telefonaktiebolaget'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 Telefonaktiebolaget's market value can be influenced by many factors that don't directly affect Telefonaktiebolaget'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 Telefonaktiebolaget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefonaktiebolaget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefonaktiebolaget'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.