ATT Net Income Per Share vs Net Income Per E B T Analysis

T Stock  USD 17.47  0.03  0.17%   
ATT financial indicator trend analysis is way more than just evaluating ATT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATT Inc is a good investment. Please check the relationship between ATT Net Income Per Share and its Net Income Per E B T accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Net Income Per Share vs Net Income Per E B T

Net Income Per Share vs Net Income Per E B T Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATT Inc Net Income Per Share account and Net Income Per E B T. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ATT's Net Income Per Share and Net Income Per E B T is -0.25. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income Per E B T in the same time period over historical financial statements of ATT Inc, assuming nothing else is changed. The correlation between historical values of ATT's Net Income Per Share and Net Income Per E B T 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 Income Per Share of ATT Inc are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income Per Share i.e., ATT's Net Income Per Share and Net Income Per E B T go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income Per Share

Net Income Per E B T

Most indicators from ATT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATT Inc 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 ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to drop to about 28.5 B in 2024. Discontinued Operations is likely to drop to about (171 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit89.1B69.9B53.5B45.6B
Total Revenue168.9B120.7B122.4B83.5B

ATT fundamental ratios Correlations

0.870.340.930.970.910.850.580.391.0-0.040.390.860.890.960.450.770.760.910.860.490.870.860.910.820.82
0.870.250.880.810.760.980.310.420.86-0.380.420.680.770.80.40.940.930.980.790.530.980.930.760.710.71
0.340.250.530.390.190.060.60.880.290.480.880.380.160.34-0.220.02-0.010.250.730.780.14-0.040.260.110.1
0.930.880.530.880.820.790.550.660.91-0.050.660.730.810.890.450.70.690.870.960.750.810.770.770.710.71
0.970.810.390.880.840.790.720.380.970.070.380.930.830.920.380.70.720.850.840.460.820.790.940.770.77
0.910.760.190.820.840.760.350.270.91-0.180.270.70.980.870.620.670.730.830.70.340.760.80.860.950.95
0.850.980.060.790.790.760.240.220.85-0.430.220.670.770.790.430.970.960.970.670.350.990.970.770.730.73
0.580.310.60.550.720.350.240.440.580.610.440.80.30.6-0.060.170.110.370.650.420.310.230.660.260.26
0.390.420.880.660.380.270.220.440.330.141.00.260.250.340.010.160.150.370.80.940.260.120.220.180.18
1.00.860.290.910.970.910.850.580.33-0.040.330.870.890.970.470.770.760.90.820.430.870.870.930.820.82
-0.04-0.380.48-0.050.07-0.18-0.430.610.14-0.040.140.29-0.210.08-0.28-0.47-0.53-0.290.090.09-0.34-0.430.05-0.22-0.22
0.390.420.880.660.380.270.220.441.00.330.140.260.250.340.010.160.150.370.80.940.260.120.220.180.18
0.860.680.380.730.930.70.670.80.260.870.290.260.680.870.260.590.590.750.720.310.720.680.940.660.66
0.890.770.160.810.830.980.770.30.250.89-0.210.250.680.840.710.660.770.830.680.350.770.810.830.960.96
0.960.80.340.890.920.870.790.60.340.970.080.340.870.840.430.710.670.860.80.420.810.830.920.740.74
0.450.4-0.220.450.380.620.43-0.060.010.47-0.280.010.260.710.430.270.490.440.240.170.390.540.430.680.68
0.770.940.020.70.70.670.970.170.160.77-0.470.160.590.660.710.270.920.920.60.280.960.930.680.620.63
0.760.93-0.010.690.720.730.960.110.150.76-0.530.150.590.770.670.490.920.910.570.280.950.930.70.740.75
0.910.980.250.870.850.830.970.370.370.9-0.290.370.750.830.860.440.920.910.790.480.980.940.850.790.8
0.860.790.730.960.840.70.670.650.80.820.090.80.720.680.80.240.60.570.790.820.710.610.710.590.59
0.490.530.780.750.460.340.350.420.940.430.090.940.310.350.420.170.280.280.480.820.40.250.260.260.26
0.870.980.140.810.820.760.990.310.260.87-0.340.260.720.770.810.390.960.950.980.710.40.950.790.730.73
0.860.93-0.040.770.790.80.970.230.120.87-0.430.120.680.810.830.540.930.930.940.610.250.950.810.750.75
0.910.760.260.770.940.860.770.660.220.930.050.220.940.830.920.430.680.70.850.710.260.790.810.820.82
0.820.710.110.710.770.950.730.260.180.82-0.220.180.660.960.740.680.620.740.790.590.260.730.750.821.0
0.820.710.10.710.770.950.730.260.180.82-0.220.180.660.960.740.680.630.750.80.590.260.730.750.821.0
Click cells to compare fundamentals

ATT Account Relationship Matchups

ATT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets552.0B525.8B551.6B402.9B407.1B219.0B
Short Long Term Debt Total185.0B179.4B200.0B154.7B154.9B162.6B
Other Current Liab5.0B4.8B3.7B2.0B2.0B1.9B
Total Current Liabilities68.6B63.4B85.6B56.2B51.1B31.3B
Total Stockholder Equity184.2B161.7B166.3B97.5B117.4B73.0B
Property Plant And Equipment Net154.4B152.0B150.1B149.3B149.4B78.9B
Net Debt172.8B169.7B178.8B151.0B148.2B155.6B
Retained Earnings57.9B37.5B42.4B(19.4B)(5.0B)(4.8B)
Cash12.1B9.7B21.2B3.7B6.7B4.8B
Non Current Assets Total497.1B473.8B491.6B369.7B351.0B195.6B
Non Currrent Assets Other(24.3B)(22.1B)(23.7B)(37.4B)(58.7B)(55.7B)
Cash And Short Term Investments12.1B9.7B21.2B3.7B6.7B4.8B
Net Receivables22.7B20.2B17.6B11.5B10.3B11.0B
Common Stock Shares Outstanding7.3B7.2B7.5B7.6B7.3B4.5B
Liabilities And Stockholders Equity552.0B525.8B551.6B402.9B407.1B219.0B
Non Current Liabilities Total281.4B283.1B282.2B240.2B145.4B109.9B
Inventory1.6B1.8B3.5B3.1B2.2B1.6B
Other Current Assets18.4B20.2B17.8B14.8B17.3B18.1B
Other Stockholder Equity113.2B112.3B112.8B106.5B112.5B118.2B
Total Liab350.0B346.5B367.8B296.4B289.6B304.1B
Total Current Assets54.8B52.0B60.0B33.1B36.5B22.8B
Short Term Debt11.4B3.5B25.9B7.6B9.5B6.9B
Intangible Assets157.6B146.3B159.5B129.4B132.5B139.1B
Accounts Payable46.0B49.0B50.7B42.6B35.9B37.6B
Current Deferred Revenue6.2B6.2B5.3B3.9B3.8B3.5B
Accumulated Other Comprehensive Income5.5B4.3B3.5B2.8B2.3B2.4B
Property Plant And Equipment Gross154.2B152.0B150.1B149.3B360.8B378.8B
Good Will146.2B135.3B133.2B67.9B67.9B71.0B
Short Term Investments8M54M29M38M80M76M
Other Liab104.4B107.1B108.1B86.6B99.6B63.5B
Other Assets33.8B38.4B41.6B19.6B19.6B19.0B
Long Term Debt149.4B153.8B152.8B128.4B127.9B88.0B
Treasury Stock(13.1B)(17.9B)(17.3B)(17.1B)(15.4B)(16.1B)
Property Plant Equipment130.1B14.8B150.1B149.3B171.6B104.8B
Net Tangible Assets(80.7B)(119.9B)(126.4B)(99.8B)(89.9B)(94.3B)
Noncontrolling Interest In Consolidated Entity17.7B17.6B17.5B9.0B10.3B6.5B
Retained Earnings Total Equity57.9B37.5B42.4B(19.4B)(22.3B)(21.2B)
Long Term Debt Total151.3B153.8B152.8B128.4B147.7B126.6B

Pair Trading with ATT

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.

Moving against ATT Stock

  0.49ANGHW Anghami WarrantsPairCorr
  0.46VSME VS Media HoldingsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether ATT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATT'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 Att Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Att Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for ATT Stock analysis

When running ATT's price analysis, check to measure ATT'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 ATT is operating at the current time. Most of ATT's value examination focuses on studying past and present price action to predict the probability of ATT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATT's price. Additionally, you may evaluate how the addition of ATT to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Bonds Directory
Find actively traded corporate debentures issued by US companies
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Is ATT'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 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.
Quarterly Earnings Growth
(0.17)
Dividend Share
1.11
Earnings Share
1.88
Revenue Per Share
17.019
Quarterly Revenue Growth
(0)
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.