Telus Total Stockholder Equity vs Current Deferred Revenue Analysis

TU Stock

USD 16.39 0.10 0.61%

Telus Corp financial indicator trend analysis is much more than just breaking down Telus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telus Corp is a good investment. Please check the relationship between Telus Corp Total Stockholder Equity and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Telus Stock please use our How to Invest in Telus Corp guide.

Total Stockholder Equity vs Current Deferred Revenue

Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telus Corp Total Stockholder Equity account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Telus Corp's Total Stockholder Equity and Current Deferred Revenue is 0.63. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Telus Corp, assuming nothing else is changed. The correlation between historical values of Telus Corp's Total Stockholder Equity and Current Deferred Revenue 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 Stockholder Equity of Telus Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Stockholder Equity i.e., Telus Corp's Total Stockholder Equity and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Telus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telus Corp 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 Telus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Telus Stock please use our How to Invest in Telus Corp guide.At this time, Telus Corp's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 392.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.16 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	10.1B	11.2B	12.5B	6.5B
Total Revenue	16.8B	18.3B	20.0B	12.1B

Gross Profit Total Revenue

Telus Corp 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Inventory	Common Stock	Other Liab
Total Assets		0.99	0.92	0.98	0.85	0.87	0.99	0.6	0.09	0.94	0.85	0.72	0.93	0.98	0.75	0.99	0.84	-0.24	1.0	0.91	0.99	0.87	0.99	0.72	0.86	0.92
Short Long Term Debt Total	0.99		0.92	0.97	0.82	0.86	1.0	0.58	0.05	0.94	0.84	0.7	0.94	0.97	0.7	0.99	0.85	-0.26	1.0	0.89	0.98	0.87	0.99	0.69	0.82	0.92
Other Current Liab	0.92	0.92		0.9	0.78	0.84	0.92	0.66	-0.28	0.89	0.82	0.55	0.89	0.87	0.59	0.93	0.8	-0.28	0.93	0.78	0.9	0.8	0.93	0.69	0.75	0.91
Total Current Liabilities	0.98	0.97	0.9		0.81	0.8	0.97	0.48	0.07	0.9	0.8	0.78	0.89	0.96	0.76	0.95	0.8	-0.16	0.97	0.95	0.96	0.94	0.97	0.66	0.84	0.9
Total Stockholder Equity	0.85	0.82	0.78	0.81		0.96	0.82	0.71	0.14	0.82	0.97	0.64	0.82	0.83	0.73	0.83	0.71	-0.18	0.83	0.8	0.85	0.67	0.85	0.84	0.74	0.79
Property Plant And Equipment Net	0.87	0.86	0.84	0.8	0.96		0.86	0.79	0.02	0.86	0.99	0.51	0.86	0.82	0.62	0.88	0.74	-0.28	0.87	0.72	0.85	0.64	0.87	0.84	0.71	0.85
Net Debt	0.99	1.0	0.92	0.97	0.82	0.86		0.58	0.05	0.94	0.84	0.69	0.93	0.97	0.7	0.99	0.85	-0.26	1.0	0.89	0.98	0.87	0.99	0.69	0.83	0.91
Retained Earnings	0.6	0.58	0.66	0.48	0.71	0.79	0.58		-0.03	0.63	0.74	0.18	0.63	0.57	0.28	0.64	0.62	-0.35	0.61	0.38	0.61	0.24	0.6	0.67	0.44	0.66
Accounts Payable	0.09	0.05	-0.28	0.07	0.14	0.02	0.05	-0.03		0.0	0.06	0.28	0.0	0.13	0.32	0.05	-0.06	0.18	0.06	0.18	0.09	0.01	0.07	0.12	0.22	-0.07
Cash	0.94	0.94	0.89	0.9	0.82	0.86	0.94	0.63	0.0		0.83	0.67	1.0	0.9	0.6	0.94	0.83	-0.29	0.94	0.83	0.93	0.78	0.92	0.63	0.71	0.92
Non Current Assets Total	0.85	0.84	0.82	0.8	0.97	0.99	0.84	0.74	0.06	0.83		0.52	0.83	0.81	0.68	0.86	0.68	-0.27	0.85	0.73	0.83	0.63	0.86	0.87	0.75	0.8
Non Currrent Assets Other	0.72	0.7	0.55	0.78	0.64	0.51	0.69	0.18	0.28	0.67	0.52		0.67	0.76	0.56	0.63	0.72	0.02	0.67	0.93	0.75	0.84	0.68	0.28	0.5	0.56
Cash And Short Term Investments	0.93	0.94	0.89	0.89	0.82	0.86	0.93	0.63	0.0	1.0	0.83	0.67		0.9	0.59	0.94	0.84	-0.3	0.93	0.82	0.93	0.78	0.92	0.63	0.71	0.91
Net Receivables	0.98	0.97	0.87	0.96	0.83	0.82	0.97	0.57	0.13	0.9	0.81	0.76	0.9		0.76	0.96	0.87	-0.17	0.97	0.92	1.0	0.88	0.96	0.67	0.82	0.9
Common Stock Shares Outstanding	0.75	0.7	0.59	0.76	0.73	0.62	0.7	0.28	0.32	0.6	0.68	0.56	0.59	0.76		0.71	0.38	-0.08	0.73	0.72	0.72	0.67	0.76	0.79	0.94	0.59
Non Current Liabilities Total	0.99	0.99	0.93	0.95	0.83	0.88	0.99	0.64	0.05	0.94	0.86	0.63	0.94	0.96	0.71		0.83	-0.31	1.0	0.85	0.97	0.81	0.99	0.74	0.85	0.92
Other Current Assets	0.84	0.85	0.8	0.8	0.71	0.74	0.85	0.62	-0.06	0.83	0.68	0.72	0.84	0.87	0.38	0.83		-0.25	0.83	0.81	0.89	0.74	0.79	0.4	0.48	0.82
Other Stockholder Equity	-0.24	-0.26	-0.28	-0.16	-0.18	-0.28	-0.26	-0.35	0.18	-0.29	-0.27	0.02	-0.3	-0.17	-0.08	-0.31	-0.25		-0.28	-0.07	-0.2	0.06	-0.28	-0.26	-0.25	-0.21
Total Liab	1.0	1.0	0.93	0.97	0.83	0.87	1.0	0.61	0.06	0.94	0.85	0.67	0.93	0.97	0.73	1.0	0.83	-0.28		0.88	0.98	0.85	0.99	0.73	0.86	0.92
Property Plant And Equipment Gross	0.91	0.89	0.78	0.95	0.8	0.72	0.89	0.38	0.18	0.83	0.73	0.93	0.82	0.92	0.72	0.85	0.81	-0.07	0.88		0.91	0.94	0.89	0.54	0.73	0.78
Total Current Assets	0.99	0.98	0.9	0.96	0.85	0.85	0.98	0.61	0.09	0.93	0.83	0.75	0.93	1.0	0.72	0.97	0.89	-0.2	0.98	0.91		0.87	0.96	0.68	0.81	0.92
Short Term Debt	0.87	0.87	0.8	0.94	0.67	0.64	0.87	0.24	0.01	0.78	0.63	0.84	0.78	0.88	0.67	0.81	0.74	0.06	0.85	0.94	0.87		0.85	0.45	0.7	0.8
Intangible Assets	0.99	0.99	0.93	0.97	0.85	0.87	0.99	0.6	0.07	0.92	0.86	0.68	0.92	0.96	0.76	0.99	0.79	-0.28	0.99	0.89	0.96	0.85		0.75	0.88	0.9
Inventory	0.72	0.69	0.69	0.66	0.84	0.84	0.69	0.67	0.12	0.63	0.87	0.28	0.63	0.67	0.79	0.74	0.4	-0.26	0.73	0.54	0.68	0.45	0.75		0.85	0.64
Common Stock	0.86	0.82	0.75	0.84	0.74	0.71	0.83	0.44	0.22	0.71	0.75	0.5	0.71	0.82	0.94	0.85	0.48	-0.25	0.86	0.73	0.81	0.7	0.88	0.85		0.73
Other Liab	0.92	0.92	0.91	0.9	0.79	0.85	0.91	0.66	-0.07	0.92	0.8	0.56	0.91	0.9	0.59	0.92	0.82	-0.21	0.92	0.78	0.92	0.8	0.9	0.64	0.73

Click cells to compare fundamentals

Telus Corp Account Relationship Matchups

Telus Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.0B	43.3B	48.0B	54.0B	56.1B	58.9B
Short Long Term Debt Total	18.6B	20.4B	21.0B	25.1B	27.5B	28.8B
Other Current Liab	2.6B	2.8B	3.2B	3.4B	3.4B	3.6B
Total Current Liabilities	5.6B	5.9B	8.3B	8.3B	9.5B	10.0B
Total Stockholder Equity	10.5B	12.1B	15.1B	16.6B	16.1B	9.4B
Property Plant And Equipment Net	14.2B	15.0B	15.9B	17.1B	17.2B	11.1B
Net Debt	18.0B	19.5B	20.2B	24.2B	26.6B	27.9B
Retained Earnings	4.4B	3.7B	4.3B	4.1B	2.8B	2.5B
Accounts Payable	892M	855M	1.2B	1.4B	996M	1.1B
Cash	535M	848M	723M	974M	864M	907.2M
Non Current Assets Total	33.6B	38.6B	43.0B	48.0B	49.8B	25.1B
Non Currrent Assets Other	82M	119M	1.7B	1.9B	1.9B	2.0B
Cash And Short Term Investments	535M	848M	723M	974M	864M	907.2M
Net Receivables	2.8B	2.9B	3.3B	3.9B	4.2B	4.5B
Common Stock Shares Outstanding	1.2B	1.3B	1.4B	1.4B	1.5B	1.4B
Liabilities And Stockholders Equity	38.0B	43.3B	48.0B	54.0B	56.1B	58.9B
Non Current Liabilities Total	21.7B	24.8B	23.7B	28.1B	29.4B	30.8B
Other Current Assets	555M	486M	541M	700M	718M	753.9M
Other Stockholder Equity	398M	534M	1.0B	956M	997M	947.2M
Total Liab	27.3B	30.7B	31.9B	36.4B	38.8B	40.8B
Property Plant And Equipment Gross	14.2B	15.0B	42.8B	45.5B	47.4B	49.8B
Total Current Assets	4.4B	4.7B	5.0B	6.1B	6.3B	6.6B
Short Term Debt	1.4B	1.5B	3.0B	2.6B	4.1B	4.3B
Intangible Assets	12.8B	15.0B	17.5B	19.2B	19.7B	20.7B
Inventory	437M	407M	448M	537M	484M	322.2M
Accumulated Other Comprehensive Income	119M	117M	203M	110M	(44M)	(41.8M)
Common Stock	5.7B	7.7B	9.6B	11.4B	12.3B	12.9B
Other Liab	4.6B	5.8B	5.7B	5.6B	6.4B	6.7B
Net Tangible Assets	(7.6B)	(10.2B)	(9.7B)	(11.8B)	(10.6B)	(10.1B)
Other Assets	1.1B	1.1B	1.8B	909M	1.0B	1.0B
Long Term Debt	17.1B	18.9B	17.9B	22.5B	23.4B	24.5B
Good Will	5.3B	7.2B	7.3B	9.2B	10.1B	10.6B
Common Stock Total Equity	5.2B	5.4B	5.7B	7.7B	8.8B	5.8B
Deferred Long Term Liab	110M	109M	103M	154M	177.1M	101.9M
Long Term Investments	113M	306M	497M	609M	826M	867.3M
Short Long Term Debt	1.4B	1.5B	3.0B	2.6B	4.1B	4.3B
Property Plant Equipment	14.2B	15.0B	15.9B	17.1B	19.6B	9.9B
Current Deferred Revenue	675M	772M	854M	891M	971M	792.6M
Long Term Debt Total	17.1B	18.9B	17.9B	22.5B	25.9B	17.1B

Pair Trading with Telus Corp

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

Moving together with Telus Stock

0.86

ATEX

Anterix Financial Report 12th of June 2024

Pair Corr

Moving against Telus Stock

0.58	SJ	Scienjoy Holding Corp	Pair Corr
0.49	IQ	iQIYI Inc	Pair Corr
0.45	CURIW	CuriosityStream	Pair Corr

The ability to find closely correlated positions to Telus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telus Corp 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 Telus Corp - 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 Telus Corp to buy it.

The correlation of Telus Corp 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 Telus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telus Corp 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 Telus Corp 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 Telus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Telus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Telus Corp Stock:

How To Invest In Telus

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Is Telus Stock a good investment?

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What is Telus Corp's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Telus Stock please use our How to Invest in Telus Corp guide.

You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Telus Stock analysis

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

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Is Telus Corp'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 Telus Corp. If investors know Telus 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 Telus Corp 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

0.22

Dividend Share

1.454

Earnings Share

0.42

Revenue Per Share

13.787

Quarterly Revenue Growth

0.026

The market value of Telus Corp is measured differently than its book value, which is the value of Telus that is recorded on the company's balance sheet. Investors also form their own opinion of Telus Corp's value that differs from its market value or its book value, called intrinsic value, which is Telus Corp'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 Telus Corp's market value can be influenced by many factors that don't directly affect Telus Corp'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 Telus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telus Corp'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.

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Telus Total Stockholder Equity vs Current Deferred Revenue Analysis

Total Stockholder Equity vs Current Deferred Revenue

Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Current Deferred Revenue

Telus Corp fundamental ratios Correlations

Telus Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Telus Corp fundamental ratios Accounts

Pair Trading with Telus Corp

Moving together with Telus Stock

Moving against Telus Stock

Complementary Tools for Telus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Net Receivables

Other Stockholder Equity	- 0.35	Retained Earnings
Other Stockholder Equity	- 0.31	Non Current Liabilities Total
Other Stockholder Equity	- 0.3	Cash And Short Term Investments
Other Stockholder Equity	- 0.29	Cash
Intangible Assets	- 0.28	Other Stockholder Equity
Total Liab	- 0.28	Other Stockholder Equity