ATT Total Current Assets vs Return On Assets Analysis

T Stock

USD 17.40 0.10 0.58%

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 Total Current Assets and its Return On Assets 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.

Total Current Assets vs Return On Assets

Total Current Assets vs Return On Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATT Inc Total Current Assets account and Return On Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between ATT's Total Current Assets and Return On Assets is 0.02. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Return On Assets 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 Total Current Assets and Return On Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of ATT Inc are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Total Current Assets i.e., ATT's Total Current Assets and Return On Assets go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Return On Assets

A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.

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 Profit	89.1B	69.9B	53.5B	45.6B
Total Revenue	168.9B	120.7B	122.4B	83.5B

Gross Profit Total Revenue

ATT fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock	Common Stock Total Equity
Total Assets		0.87	0.34	0.93	0.97	0.91	0.85	0.58	0.39	1.0	-0.04	0.39	0.86	0.89	0.96	0.45	0.77	0.76	0.91	0.86	0.49	0.87	0.86	0.91	0.82	0.82
Short Long Term Debt Total	0.87		0.25	0.88	0.81	0.76	0.98	0.31	0.42	0.86	-0.38	0.42	0.68	0.77	0.8	0.4	0.94	0.93	0.98	0.79	0.53	0.98	0.93	0.76	0.71	0.71
Other Current Liab	0.34	0.25		0.53	0.39	0.19	0.06	0.6	0.88	0.29	0.48	0.88	0.38	0.16	0.34	-0.22	0.02	-0.01	0.25	0.73	0.78	0.14	-0.04	0.26	0.11	0.1
Total Current Liabilities	0.93	0.88	0.53		0.88	0.82	0.79	0.55	0.66	0.91	-0.05	0.66	0.73	0.81	0.89	0.45	0.7	0.69	0.87	0.96	0.75	0.81	0.77	0.77	0.71	0.71
Total Stockholder Equity	0.97	0.81	0.39	0.88		0.84	0.79	0.72	0.38	0.97	0.07	0.38	0.93	0.83	0.92	0.38	0.7	0.72	0.85	0.84	0.46	0.82	0.79	0.94	0.77	0.77
Property Plant And Equipment Net	0.91	0.76	0.19	0.82	0.84		0.76	0.35	0.27	0.91	-0.18	0.27	0.7	0.98	0.87	0.62	0.67	0.73	0.83	0.7	0.34	0.76	0.8	0.86	0.95	0.95
Net Debt	0.85	0.98	0.06	0.79	0.79	0.76		0.24	0.22	0.85	-0.43	0.22	0.67	0.77	0.79	0.43	0.97	0.96	0.97	0.67	0.35	0.99	0.97	0.77	0.73	0.73
Retained Earnings	0.58	0.31	0.6	0.55	0.72	0.35	0.24		0.44	0.58	0.61	0.44	0.8	0.3	0.6	-0.06	0.17	0.11	0.37	0.65	0.42	0.31	0.23	0.66	0.26	0.26
Cash	0.39	0.42	0.88	0.66	0.38	0.27	0.22	0.44		0.33	0.14	1.0	0.26	0.25	0.34	0.01	0.16	0.15	0.37	0.8	0.94	0.26	0.12	0.22	0.18	0.18
Non Current Assets Total	1.0	0.86	0.29	0.91	0.97	0.91	0.85	0.58	0.33		-0.04	0.33	0.87	0.89	0.97	0.47	0.77	0.76	0.9	0.82	0.43	0.87	0.87	0.93	0.82	0.82
Non Currrent Assets Other	-0.04	-0.38	0.48	-0.05	0.07	-0.18	-0.43	0.61	0.14	-0.04		0.14	0.29	-0.21	0.08	-0.28	-0.47	-0.53	-0.29	0.09	0.09	-0.34	-0.43	0.05	-0.22	-0.22
Cash And Short Term Investments	0.39	0.42	0.88	0.66	0.38	0.27	0.22	0.44	1.0	0.33	0.14		0.26	0.25	0.34	0.01	0.16	0.15	0.37	0.8	0.94	0.26	0.12	0.22	0.18	0.18
Net Receivables	0.86	0.68	0.38	0.73	0.93	0.7	0.67	0.8	0.26	0.87	0.29	0.26		0.68	0.87	0.26	0.59	0.59	0.75	0.72	0.31	0.72	0.68	0.94	0.66	0.66
Common Stock Shares Outstanding	0.89	0.77	0.16	0.81	0.83	0.98	0.77	0.3	0.25	0.89	-0.21	0.25	0.68		0.84	0.71	0.66	0.77	0.83	0.68	0.35	0.77	0.81	0.83	0.96	0.96
Non Current Liabilities Total	0.96	0.8	0.34	0.89	0.92	0.87	0.79	0.6	0.34	0.97	0.08	0.34	0.87	0.84		0.43	0.71	0.67	0.86	0.8	0.42	0.81	0.83	0.92	0.74	0.74
Inventory	0.45	0.4	-0.22	0.45	0.38	0.62	0.43	-0.06	0.01	0.47	-0.28	0.01	0.26	0.71	0.43		0.27	0.49	0.44	0.24	0.17	0.39	0.54	0.43	0.68	0.68
Other Current Assets	0.77	0.94	0.02	0.7	0.7	0.67	0.97	0.17	0.16	0.77	-0.47	0.16	0.59	0.66	0.71	0.27		0.92	0.92	0.6	0.28	0.96	0.93	0.68	0.62	0.63
Other Stockholder Equity	0.76	0.93	-0.01	0.69	0.72	0.73	0.96	0.11	0.15	0.76	-0.53	0.15	0.59	0.77	0.67	0.49	0.92		0.91	0.57	0.28	0.95	0.93	0.7	0.74	0.75
Total Liab	0.91	0.98	0.25	0.87	0.85	0.83	0.97	0.37	0.37	0.9	-0.29	0.37	0.75	0.83	0.86	0.44	0.92	0.91		0.79	0.48	0.98	0.94	0.85	0.79	0.8
Total Current Assets	0.86	0.79	0.73	0.96	0.84	0.7	0.67	0.65	0.8	0.82	0.09	0.8	0.72	0.68	0.8	0.24	0.6	0.57	0.79		0.82	0.71	0.61	0.71	0.59	0.59
Short Term Debt	0.49	0.53	0.78	0.75	0.46	0.34	0.35	0.42	0.94	0.43	0.09	0.94	0.31	0.35	0.42	0.17	0.28	0.28	0.48	0.82		0.4	0.25	0.26	0.26	0.26
Intangible Assets	0.87	0.98	0.14	0.81	0.82	0.76	0.99	0.31	0.26	0.87	-0.34	0.26	0.72	0.77	0.81	0.39	0.96	0.95	0.98	0.71	0.4		0.95	0.79	0.73	0.73
Accounts Payable	0.86	0.93	-0.04	0.77	0.79	0.8	0.97	0.23	0.12	0.87	-0.43	0.12	0.68	0.81	0.83	0.54	0.93	0.93	0.94	0.61	0.25	0.95		0.81	0.75	0.75
Current Deferred Revenue	0.91	0.76	0.26	0.77	0.94	0.86	0.77	0.66	0.22	0.93	0.05	0.22	0.94	0.83	0.92	0.43	0.68	0.7	0.85	0.71	0.26	0.79	0.81		0.82	0.82
Common Stock	0.82	0.71	0.11	0.71	0.77	0.95	0.73	0.26	0.18	0.82	-0.22	0.18	0.66	0.96	0.74	0.68	0.62	0.74	0.79	0.59	0.26	0.73	0.75	0.82		1.0
Common Stock Total Equity	0.82	0.71	0.1	0.71	0.77	0.95	0.73	0.26	0.18	0.82	-0.22	0.18	0.66	0.96	0.74	0.68	0.63	0.75	0.8	0.59	0.26	0.73	0.75	0.82	1.0

Click cells to compare fundamentals

ATT Account Relationship Matchups

ATT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	552.0B	525.8B	551.6B	402.9B	407.1B	219.0B
Short Long Term Debt Total	185.0B	179.4B	200.0B	154.7B	154.9B	162.6B
Other Current Liab	5.0B	4.8B	3.7B	2.0B	2.0B	1.9B
Total Current Liabilities	68.6B	63.4B	85.6B	56.2B	51.1B	31.3B
Total Stockholder Equity	184.2B	161.7B	166.3B	97.5B	117.4B	73.0B
Property Plant And Equipment Net	154.4B	152.0B	150.1B	149.3B	149.4B	78.9B
Net Debt	172.8B	169.7B	178.8B	151.0B	148.2B	155.6B
Retained Earnings	57.9B	37.5B	42.4B	(19.4B)	(5.0B)	(4.8B)
Cash	12.1B	9.7B	21.2B	3.7B	6.7B	4.8B
Non Current Assets Total	497.1B	473.8B	491.6B	369.7B	351.0B	195.6B
Non Currrent Assets Other	(24.3B)	(22.1B)	(23.7B)	(37.4B)	(58.7B)	(55.7B)
Cash And Short Term Investments	12.1B	9.7B	21.2B	3.7B	6.7B	4.8B
Net Receivables	22.7B	20.2B	17.6B	11.5B	10.3B	11.0B
Common Stock Shares Outstanding	7.3B	7.2B	7.5B	7.6B	7.3B	4.5B
Liabilities And Stockholders Equity	552.0B	525.8B	551.6B	402.9B	407.1B	219.0B
Non Current Liabilities Total	281.4B	283.1B	282.2B	240.2B	145.4B	109.9B
Inventory	1.6B	1.8B	3.5B	3.1B	2.2B	1.6B
Other Current Assets	18.4B	20.2B	17.8B	14.8B	17.3B	18.1B
Other Stockholder Equity	113.2B	112.3B	112.8B	106.5B	112.5B	118.2B
Total Liab	350.0B	346.5B	367.8B	296.4B	289.6B	304.1B
Total Current Assets	54.8B	52.0B	60.0B	33.1B	36.5B	22.8B
Short Term Debt	11.4B	3.5B	25.9B	7.6B	9.5B	6.9B
Intangible Assets	157.6B	146.3B	159.5B	129.4B	132.5B	139.1B
Accounts Payable	46.0B	49.0B	50.7B	42.6B	35.9B	37.6B
Current Deferred Revenue	6.2B	6.2B	5.3B	3.9B	3.8B	3.5B
Accumulated Other Comprehensive Income	5.5B	4.3B	3.5B	2.8B	2.3B	2.4B
Property Plant And Equipment Gross	154.2B	152.0B	150.1B	149.3B	360.8B	378.8B
Good Will	146.2B	135.3B	133.2B	67.9B	67.9B	71.0B
Short Term Investments	8M	54M	29M	38M	80M	76M
Other Liab	104.4B	107.1B	108.1B	86.6B	99.6B	63.5B
Other Assets	33.8B	38.4B	41.6B	19.6B	19.6B	19.0B
Long Term Debt	149.4B	153.8B	152.8B	128.4B	127.9B	88.0B
Treasury Stock	(13.1B)	(17.9B)	(17.3B)	(17.1B)	(15.4B)	(16.1B)
Property Plant Equipment	130.1B	14.8B	150.1B	149.3B	171.6B	104.8B
Net Tangible Assets	(80.7B)	(119.9B)	(126.4B)	(99.8B)	(89.9B)	(94.3B)
Noncontrolling Interest In Consolidated Entity	17.7B	17.6B	17.5B	9.0B	10.3B	6.5B
Retained Earnings Total Equity	57.9B	37.5B	42.4B	(19.4B)	(22.3B)	(21.2B)
Long Term Debt Total	151.3B	153.8B	152.8B	128.4B	147.7B	126.6B

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

0.54	ANGHW	Anghami Warrants	Pair Corr
0.41	VSME	VS Media Holdings	Pair Corr

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 Correlation Correlation 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:

How To Invest In ATT

Details

Is ATT Stock a good investment?

Details

What is ATT's Net Worth?

Details

Largest Communication Companies

View

Largest Compulsion Companies

View

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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.

	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules

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

1.86

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ATT Total Current Assets vs Return On Assets Analysis

Total Current Assets vs Return On Assets

Total Current Assets vs Return On Assets Correlation Analysis

Correlation Coefficient

Total Current Assets

Return On Assets

ATT fundamental ratios Correlations

ATT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ATT fundamental ratios Accounts

Pair Trading with ATT

Moving against ATT Stock

Complementary Tools for ATT Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock Total Equity	+ 1.0	Common Stock
Intangible Assets	+ 0.99	Net Debt
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.53	Non Currrent Assets Other
Other Current Assets	- 0.47	Non Currrent Assets Other
Accounts Payable	- 0.43	Non Currrent Assets Other
Non Currrent Assets Other	- 0.43	Net Debt
Non Currrent Assets Other	- 0.38	Short Long Term Debt Total
Intangible Assets	- 0.34	Non Currrent Assets Other