Telefonaktiebolaget Net Interest Income vs Ebit Analysis

ERIC Stock  USD 5.95  0.16  2.76%   
Telefonaktiebolaget financial indicator trend analysis is much more than just breaking down Telefonaktiebolaget prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telefonaktiebolaget is a good investment. Please check the relationship between Telefonaktiebolaget Net Interest Income and its Ebit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Net Interest Income vs Ebit

Net Interest Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telefonaktiebolaget Net Interest Income account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Telefonaktiebolaget's Net Interest Income and Ebit is -0.14. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Telefonaktiebolaget LM Ericsson, assuming nothing else is changed. The correlation between historical values of Telefonaktiebolaget's Net Interest Income and Ebit 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 Interest Income of Telefonaktiebolaget LM Ericsson are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Interest Income i.e., Telefonaktiebolaget's Net Interest Income and Ebit go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Ebit

Most indicators from Telefonaktiebolaget's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonaktiebolaget 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Telefonaktiebolaget's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.81, whereas Selling General Administrative is forecasted to decline to about 29.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit100.7B113.3B104.4B66.2B
Total Revenue232.3B271.5B263.4B177.7B

Telefonaktiebolaget fundamental ratios Correlations

0.730.920.930.790.62-0.220.640.860.68-0.40.670.830.950.670.890.080.360.860.110.880.150.870.280.940.56
0.730.580.880.210.780.330.00.630.78-0.020.230.330.680.910.76-0.41-0.180.930.460.40.570.810.590.740.37
0.920.580.810.820.37-0.310.710.820.5-0.490.810.840.890.460.790.040.450.7-0.010.930.040.750.030.870.54
0.930.880.810.520.770.010.330.80.79-0.360.450.620.860.850.92-0.20.070.980.220.670.30.960.550.860.49
0.790.210.820.520.15-0.530.980.680.26-0.420.860.890.760.080.580.470.650.36-0.140.94-0.130.44-0.270.720.58
0.620.780.370.770.150.190.00.580.77-0.180.080.210.540.830.71-0.27-0.350.820.330.260.470.810.670.540.21
-0.220.33-0.310.01-0.530.19-0.6-0.450.480.68-0.57-0.5-0.30.260.04-0.42-0.540.110.81-0.490.74-0.030.46-0.120.22
0.640.00.710.330.980.0-0.60.560.1-0.410.840.810.62-0.120.430.540.670.16-0.230.87-0.220.26-0.410.570.52
0.860.630.820.80.680.58-0.450.560.46-0.550.780.770.910.580.650.070.320.74-0.070.850.070.790.110.850.17
0.680.780.50.790.260.770.480.10.460.010.130.330.570.760.77-0.15-0.130.810.670.370.660.790.660.680.52
-0.4-0.02-0.49-0.36-0.42-0.180.68-0.41-0.550.01-0.46-0.4-0.38-0.07-0.350.07-0.18-0.260.67-0.450.47-0.490.0-0.210.08
0.670.230.810.450.860.08-0.570.840.780.13-0.460.760.70.040.420.250.520.3-0.150.91-0.040.38-0.430.680.31
0.830.330.840.620.890.21-0.50.810.770.33-0.40.760.890.320.540.450.790.52-0.140.94-0.190.56-0.110.850.38
0.950.680.890.860.760.54-0.30.620.910.57-0.380.70.890.650.740.130.50.810.040.890.070.810.140.970.37
0.670.910.460.850.080.830.26-0.120.580.76-0.070.040.320.650.69-0.36-0.130.940.350.290.370.840.740.670.17
0.890.760.790.920.580.710.040.430.650.77-0.350.420.540.740.69-0.190.030.860.220.630.290.890.480.740.65
0.08-0.410.04-0.20.47-0.27-0.420.540.07-0.150.070.250.450.13-0.36-0.190.62-0.27-0.10.32-0.29-0.26-0.320.120.2
0.36-0.180.450.070.65-0.35-0.540.670.32-0.13-0.180.520.790.5-0.130.030.62-0.01-0.310.64-0.480.03-0.470.460.1
0.860.930.70.980.360.820.110.160.740.81-0.260.30.520.810.940.86-0.27-0.010.280.540.340.950.650.810.38
0.110.46-0.010.22-0.140.330.81-0.23-0.070.670.67-0.15-0.140.040.350.22-0.1-0.310.28-0.070.90.140.360.260.4
0.880.40.930.670.940.26-0.490.870.850.37-0.450.910.940.890.290.630.320.640.54-0.07-0.050.6-0.170.870.46
0.150.570.040.3-0.130.470.74-0.220.070.660.47-0.04-0.190.070.370.29-0.29-0.480.340.9-0.050.240.320.260.33
0.870.810.750.960.440.81-0.030.260.790.79-0.490.380.560.810.840.89-0.260.030.950.140.60.240.570.780.32
0.280.590.030.55-0.270.670.46-0.410.110.660.0-0.43-0.110.140.740.48-0.32-0.470.650.36-0.170.320.570.170.19
0.940.740.870.860.720.54-0.120.570.850.68-0.210.680.850.970.670.740.120.460.810.260.870.260.780.170.47
0.560.370.540.490.580.210.220.520.170.520.080.310.380.370.170.650.20.10.380.40.460.330.320.190.47
Click cells to compare fundamentals

Telefonaktiebolaget Account Relationship Matchups

Telefonaktiebolaget fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.4B271.5B305.6B349.5B310.1B209.3B
Short Long Term Debt Total47.6B39.5B41.1B42.2B54.3B28.6B
Other Current Liab45.6B45.8B46.6B56.5B47.3B38.0B
Total Current Liabilities116.8B114.3B127.0B145.6B129.4B78.6B
Total Stockholder Equity82.6B86.7B108.8B134.8B98.7B85.7B
Property Plant And Equipment Net22.3B21.4B21.5B22.1B18.5B14.8B
Net Debt2.5B(4.2B)(12.9B)3.9B19.1B20.1B
Retained Earnings38.9B48.0B66.9B85.2B50.5B52.4B
Cash45.1B43.6B54.1B38.3B35.2B28.2B
Non Current Assets Total122.5B121.7B130.8B175.7B155.2B162.9B
Non Currrent Assets Other2.3B1.2B568M415M4.7B3.6B
Cash And Short Term Investments51.8B50.4B67.0B47.1B44.8B47.3B
Net Receivables71.2B71.3B72.7B80.9B71.5B62.0B
Common Stock Shares Outstanding3.3B3.3B3.3B3.3B3.3B2.7B
Liabilities And Stockholders Equity276.4B271.5B305.6B349.5B310.1B209.3B
Non Current Liabilities Total77.7B72.0B71.6B70.6B83.3B43.8B
Inventory30.9B28.1B35.2B45.8B36.2B24.3B
Other Current Assets1.4B1.9B2.3B2.5B2.6B4.6B
Total Liab194.5B186.4B198.5B216.2B212.7B122.4B
Property Plant And Equipment Gross22.3B21.4B21.5B22.1B66.2B69.5B
Total Current Assets153.9B149.8B174.8B173.8B155.0B139.7B
Accumulated Other Comprehensive Income2.3B(2.7B)454M8.2B6.8B7.1B
Short Term Debt11.7B10.1B11.8B8.5B19.9B20.9B
Accounts Payable30.4B32.0B35.7B38.4B27.8B21.6B
Current Deferred Revenue29.0B26.4B32.8B42.3B34.4B23.4B
Intangible Assets6.5B8.7B7.4B30.0B27.3B15.8B
Other Liab41.8B42.7B42.2B36.8B42.4B44.5B
Long Term Debt28.3B22.2B22.2B26.9B29.2B30.7B
Good Will31.2B34.9B38.2B84.6B52.9B29.0B
Short Term Investments6.8B6.8B12.9B8.7B9.6B9.1B
Property Plant Equipment22.3B21.4B21.5B22.1B25.4B26.7B
Other Assets37.5B31.4B33.4B30.4B34.8B36.5B
Deferred Long Term Liab4.0B3.9B3.5B3.7B4.3B3.9B
Long Term Investments31.2B30.5B40.6B19.2B20.9B23.6B
Short Long Term Debt9.4B7.9B9.6B6.0B17.7B18.5B
Net Tangible Assets48.9B46.9B66.7B23.9B27.5B47.5B

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.
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Telefonaktiebolaget Stock analysis

When running Telefonaktiebolaget's price analysis, check to measure Telefonaktiebolaget's 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 Telefonaktiebolaget is operating at the current time. Most of Telefonaktiebolaget's value examination focuses on studying past and present price action to predict the probability of Telefonaktiebolaget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telefonaktiebolaget's price. Additionally, you may evaluate how the addition of Telefonaktiebolaget to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Stocks Directory
Find actively traded stocks across global markets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
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.