Telefonaktiebolaget Selling General Administrative vs Total Other Income Expense Net 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 Selling General Administrative and its Total Other Income Expense Net 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.
Selling General Administrative vs Total Other Income Expense Net
Selling General Administrative vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telefonaktiebolaget Selling General Administrative account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Telefonaktiebolaget's Selling General Administrative and Total Other Income Expense Net is -0.46. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Other Income Expense Net 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 Selling General Administrative and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Telefonaktiebolaget LM Ericsson are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Selling General Administrative i.e., Telefonaktiebolaget's Selling General Administrative and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling General Administrative
Total Other Income Expense Net
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 Profit | 100.7B | 113.3B | 104.4B | 66.2B | Total Revenue | 232.3B | 271.5B | 263.4B | 177.7B |
Telefonaktiebolaget fundamental ratios Correlations
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Telefonaktiebolaget Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telefonaktiebolaget fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 276.4B | 271.5B | 305.6B | 349.5B | 310.1B | 209.3B | |
Short Long Term Debt Total | 47.6B | 39.5B | 41.1B | 42.2B | 54.3B | 28.6B | |
Other Current Liab | 45.6B | 45.8B | 46.6B | 56.5B | 47.3B | 38.0B | |
Total Current Liabilities | 116.8B | 114.3B | 127.0B | 145.6B | 129.4B | 78.6B | |
Total Stockholder Equity | 82.6B | 86.7B | 108.8B | 134.8B | 98.7B | 85.7B | |
Property Plant And Equipment Net | 22.3B | 21.4B | 21.5B | 22.1B | 18.5B | 14.8B | |
Net Debt | 2.5B | (4.2B) | (12.9B) | 3.9B | 19.1B | 20.1B | |
Retained Earnings | 38.9B | 48.0B | 66.9B | 85.2B | 50.5B | 52.4B | |
Cash | 45.1B | 43.6B | 54.1B | 38.3B | 35.2B | 28.2B | |
Non Current Assets Total | 122.5B | 121.7B | 130.8B | 175.7B | 155.2B | 162.9B | |
Non Currrent Assets Other | 2.3B | 1.2B | 568M | 415M | 4.7B | 3.6B | |
Cash And Short Term Investments | 51.8B | 50.4B | 67.0B | 47.1B | 44.8B | 47.3B | |
Net Receivables | 71.2B | 71.3B | 72.7B | 80.9B | 71.5B | 62.0B | |
Common Stock Shares Outstanding | 3.3B | 3.3B | 3.3B | 3.3B | 3.3B | 2.7B | |
Liabilities And Stockholders Equity | 276.4B | 271.5B | 305.6B | 349.5B | 310.1B | 209.3B | |
Non Current Liabilities Total | 77.7B | 72.0B | 71.6B | 70.6B | 83.3B | 43.8B | |
Inventory | 30.9B | 28.1B | 35.2B | 45.8B | 36.2B | 24.3B | |
Other Current Assets | 1.4B | 1.9B | 2.3B | 2.5B | 2.6B | 4.6B | |
Total Liab | 194.5B | 186.4B | 198.5B | 216.2B | 212.7B | 122.4B | |
Property Plant And Equipment Gross | 22.3B | 21.4B | 21.5B | 22.1B | 66.2B | 69.5B | |
Total Current Assets | 153.9B | 149.8B | 174.8B | 173.8B | 155.0B | 139.7B | |
Accumulated Other Comprehensive Income | 2.3B | (2.7B) | 454M | 8.2B | 6.8B | 7.1B | |
Short Term Debt | 11.7B | 10.1B | 11.8B | 8.5B | 19.9B | 20.9B | |
Accounts Payable | 30.4B | 32.0B | 35.7B | 38.4B | 27.8B | 21.6B | |
Current Deferred Revenue | 29.0B | 26.4B | 32.8B | 42.3B | 34.4B | 23.4B | |
Intangible Assets | 6.5B | 8.7B | 7.4B | 30.0B | 27.3B | 15.8B | |
Other Liab | 41.8B | 42.7B | 42.2B | 36.8B | 42.4B | 44.5B | |
Long Term Debt | 28.3B | 22.2B | 22.2B | 26.9B | 29.2B | 30.7B | |
Good Will | 31.2B | 34.9B | 38.2B | 84.6B | 52.9B | 29.0B | |
Short Term Investments | 6.8B | 6.8B | 12.9B | 8.7B | 9.6B | 9.1B | |
Property Plant Equipment | 22.3B | 21.4B | 21.5B | 22.1B | 25.4B | 26.7B | |
Other Assets | 37.5B | 31.4B | 33.4B | 30.4B | 34.8B | 36.5B | |
Deferred Long Term Liab | 4.0B | 3.9B | 3.5B | 3.7B | 4.3B | 3.9B | |
Long Term Investments | 31.2B | 30.5B | 40.6B | 19.2B | 20.9B | 23.6B | |
Short Long Term Debt | 9.4B | 7.9B | 9.6B | 6.0B | 17.7B | 18.5B | |
Net Tangible Assets | 48.9B | 46.9B | 66.7B | 23.9B | 27.5B | 47.5B |
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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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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.
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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.