Telephone Total Revenue vs Non Recurring Analysis

TDS Stock  USD 20.55  0.44  2.10%   
Telephone financial indicator trend analysis is much more than just breaking down Telephone and Data prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telephone and Data is a good investment. Please check the relationship between Telephone Total Revenue and its Non Recurring accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telephone and Data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Total Revenue vs Non Recurring

Total Revenue vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telephone and Data Total Revenue account and Non Recurring. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Telephone's Total Revenue and Non Recurring is 0.12. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Telephone and Data, assuming nothing else is changed. The correlation between historical values of Telephone's Total Revenue and Non Recurring 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 Revenue of Telephone and Data are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Total Revenue i.e., Telephone's Total Revenue and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Telephone and Data generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Non Recurring

Most indicators from Telephone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telephone and Data 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 Telephone and Data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative is likely to drop to about 1.4 B in 2024. Tax Provision is likely to drop to about 23.7 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue5.3B5.4B5.2B3.4B
Depreciation And Amortization895M929M915M582.3M

Telephone fundamental ratios Correlations

0.740.80.920.970.970.650.790.240.99-0.070.20.920.770.790.70.840.950.980.740.580.840.730.510.760.27
0.740.520.610.620.710.970.32-0.060.76-0.3-0.140.630.570.990.320.820.680.80.390.810.50.960.840.490.0
0.80.520.950.820.810.460.710.180.79-0.160.170.630.710.610.880.720.770.770.60.260.850.570.410.750.51
0.920.610.950.920.920.530.810.270.9-0.10.240.790.780.70.880.80.880.890.730.380.940.630.430.810.47
0.970.620.820.920.940.530.890.290.95-0.010.280.920.840.690.720.790.970.910.780.410.890.650.40.840.36
0.970.710.810.920.940.640.750.170.98-0.160.150.840.750.770.730.820.90.960.660.570.830.70.530.750.38
0.650.970.460.530.530.640.18-0.290.71-0.44-0.360.520.460.950.270.810.570.730.190.850.370.970.920.37-0.06
0.790.320.710.810.890.750.180.590.720.330.60.810.870.420.670.50.890.670.910.040.90.310.00.90.51
0.24-0.060.180.270.290.17-0.290.590.110.670.980.370.37-0.010.15-0.080.360.190.8-0.310.48-0.23-0.50.430.28
0.990.760.790.90.950.980.710.720.11-0.170.070.890.720.810.690.870.910.980.640.640.780.780.590.710.23
-0.07-0.3-0.16-0.1-0.01-0.16-0.440.330.67-0.170.650.20.11-0.30.0-0.440.13-0.130.46-0.390.09-0.46-0.740.16-0.03
0.2-0.140.170.240.280.15-0.360.60.980.070.650.310.39-0.080.12-0.140.340.130.77-0.380.47-0.29-0.540.450.35
0.920.630.630.790.920.840.520.810.370.890.20.310.70.660.580.680.910.890.810.530.790.590.30.680.07
0.770.570.710.780.840.750.460.870.370.720.110.390.70.670.580.590.90.670.770.140.820.570.30.980.61
0.790.990.610.70.690.770.950.42-0.010.81-0.3-0.080.660.670.420.870.740.830.460.730.590.960.830.60.14
0.70.320.880.880.720.730.270.670.150.690.00.120.580.580.420.60.680.670.540.130.770.360.220.670.56
0.840.820.720.80.790.820.810.5-0.080.87-0.44-0.140.680.590.870.60.730.850.430.650.690.880.810.580.18
0.950.680.770.880.970.90.570.890.360.910.130.340.910.90.740.680.730.890.830.390.860.660.370.90.38
0.980.80.770.890.910.960.730.670.190.98-0.130.130.890.670.830.670.850.890.670.680.770.770.580.660.18
0.740.390.60.730.780.660.190.910.80.640.460.770.810.770.460.540.430.830.670.090.860.29-0.050.80.38
0.580.810.260.380.410.570.850.04-0.310.64-0.39-0.380.530.140.730.130.650.390.680.090.240.760.760.04-0.39
0.840.50.850.940.890.830.370.90.480.780.090.470.790.820.590.770.690.860.770.860.240.480.240.840.48
0.730.960.570.630.650.70.970.31-0.230.78-0.46-0.290.590.570.960.360.880.660.770.290.760.480.920.50.03
0.510.840.410.430.40.530.920.0-0.50.59-0.74-0.540.30.30.830.220.810.370.58-0.050.760.240.920.21-0.03
0.760.490.750.810.840.750.370.90.430.710.160.450.680.980.60.670.580.90.660.80.040.840.50.210.68
0.270.00.510.470.360.38-0.060.510.280.23-0.030.350.070.610.140.560.180.380.180.38-0.390.480.03-0.030.68
Click cells to compare fundamentals

Telephone Account Relationship Matchups

Telephone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8B12.5B13.5B14.6B13.9B7.7B
Short Long Term Debt Total3.4B4.5B4.0B4.8B5.1B5.4B
Other Current Liab273M318M316M558M374M283.7M
Total Current Liabilities962M1.2B1.2B1.5B1.2B833.7M
Total Stockholder Equity4.7B4.8B5.9B5.8B5.2B3.2B
Property Plant And Equipment Net4.5B5.0B5.4B5.8B6.0B3.2B
Net Debt2.9B3.1B3.7B4.4B4.9B5.2B
Retained Earnings2.7B2.8B2.8B2.7B2.0B1.6B
Cash465M1.4B367M360M236M224.2M
Non Current Assets Total8.9B9.5B11.4B12.5B12.3B6.4B
Non Currrent Assets Other607M654M(193M)(147M)(153M)(145.4M)
Cash And Short Term Investments465M1.4B367M360M236M224.2M
Net Receivables1.2B1.3B1.3B1.2B1.1B550.0M
Common Stock Shares Outstanding112M114M116M115M113M118.7M
Liabilities And Stockholders Equity10.8B12.5B13.5B14.6B13.9B7.7B
Non Current Liabilities Total4.4B5.8B5.6B6.4B6.7B7.1B
Inventory169M154M178M268M208M106.1M
Other Current Assets29M36M61M58M52M44.9M
Other Stockholder Equity2.0B2.0B2.0B2.1B2.1B1.5B
Total Liab5.4B6.9B6.7B7.9B7.9B4.0B
Total Current Assets1.9B3.0B2.0B2.0B1.7B1.4B
Short Term Debt126M134M147M165M173M99.3M
Accounts Payable374M508M481M506M360M325.6M
Intangible Assets2.7B2.9B4.3B4.9B4.9B5.1B
Property Plant And Equipment Gross4.5B5.0B14.3B15.0B16.6B17.4B
Accumulated Other Comprehensive Income(10M)(9M)(4M)5M11M16.2M
Other Liab1.2B1.4B1.7B1.8B2.0B2.2B
Other Assets607M654M728M822M945.3M992.6M
Long Term Debt2.3B3.4B2.9B3.7B4.1B2.7B
Treasury Stock(479M)(477M)(461M)(481M)(432.9M)(454.5M)
Property Plant Equipment3.5B4.0B4.4B4.8B5.5B3.9B
Current Deferred Revenue189M193M236M285M277M225.2M
Net Tangible Assets2.3B2.4B983M245M220.5M209.5M

Pair Trading with Telephone

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

Moving together with Telephone Stock

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Moving against Telephone Stock

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The ability to find closely correlated positions to Telephone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telephone 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 Telephone - 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 Telephone and Data to buy it.
The correlation of Telephone 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 Telephone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telephone and Data 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 Telephone 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

Additional Tools for Telephone Stock Analysis

When running Telephone's price analysis, check to measure Telephone'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 Telephone is operating at the current time. Most of Telephone's value examination focuses on studying past and present price action to predict the probability of Telephone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telephone's price. Additionally, you may evaluate how the addition of Telephone to your portfolios can decrease your overall portfolio volatility.