Telefonica Other Current Assets vs Total Assets Analysis

VIV Stock

USD 8.57 0.08 0.94%

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

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telefonica Brasil Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Telefonica Brasil's Other Current Assets and Total Assets is 0.22. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Telefonica Brasil SA, assuming nothing else is changed. The correlation between historical values of Telefonica Brasil's Other Current Assets and Total 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 Other Current Assets of Telefonica Brasil SA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Telefonica Brasil's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of Telefonica Brasil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Telefonica Brasil books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Telefonica Brasil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonica Brasil 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 Telefonica Brasil SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Telefonica Brasil's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 107.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 3.6 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	36.0B	20.6B	22.7B	17.2B
Total Revenue	44.0B	48.0B	52.1B	29.1B

Gross Profit Total Revenue

Telefonica Brasil 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 Total Equity	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	Common Stock	Short Term Investments	Inventory
Total Assets		0.63	0.94	0.96	0.98	0.9	0.56	-0.44	0.85	0.32	1.0	0.71	0.31	0.89	0.79	0.97	0.61	0.22	-0.67	0.74	-0.23	0.92	0.77	0.98	-0.41	0.22
Short Long Term Debt Total	0.63		0.49	0.63	0.5	0.72	0.95	-0.56	0.42	0.09	0.64	0.14	0.1	0.41	0.73	0.53	0.98	0.3	-0.45	0.96	-0.23	0.52	0.75	0.57	-0.42	0.48
Other Current Liab	0.94	0.49		0.94	0.96	0.77	0.41	-0.35	0.86	0.32	0.93	0.82	0.32	0.9	0.8	0.96	0.48	0.11	-0.73	0.65	-0.23	0.89	0.67	0.94	-0.37	-0.01
Total Current Liabilities	0.96	0.63	0.94		0.93	0.8	0.53	-0.33	0.9	0.4	0.95	0.75	0.4	0.82	0.8	0.93	0.59	0.3	-0.75	0.74	-0.2	0.93	0.82	0.93	-0.27	0.13
Total Stockholder Equity	0.98	0.5	0.96	0.93		0.83	0.42	-0.36	0.86	0.33	0.97	0.8	0.33	0.92	0.78	0.99	0.5	0.15	-0.7	0.64	-0.2	0.92	0.67	0.99	-0.39	0.05
Property Plant And Equipment Net	0.9	0.72	0.77	0.8	0.83		0.72	-0.71	0.56	0.06	0.92	0.36	0.05	0.71	0.69	0.83	0.71	0.29	-0.36	0.76	-0.32	0.71	0.82	0.86	-0.6	0.5
Net Debt	0.56	0.95	0.41	0.53	0.42	0.72		-0.64	0.28	-0.21	0.59	0.02	-0.2	0.37	0.65	0.44	0.94	0.21	-0.25	0.9	-0.17	0.35	0.71	0.49	-0.51	0.59
Retained Earnings	-0.44	-0.56	-0.35	-0.33	-0.36	-0.71	-0.64		-0.02	0.25	-0.47	0.08	0.25	-0.28	-0.28	-0.4	-0.56	-0.15	-0.12	-0.52	0.43	-0.21	-0.56	-0.39	0.6	-0.55
Accounts Payable	0.85	0.42	0.86	0.9	0.86	0.56	0.28	-0.02		0.53	0.82	0.88	0.53	0.83	0.76	0.86	0.41	0.14	-0.87	0.57	-0.09	0.92	0.53	0.86	-0.11	-0.07
Cash	0.32	0.09	0.32	0.4	0.33	0.06	-0.21	0.25	0.53		0.25	0.42	1.0	0.21	0.2	0.36	0.04	0.31	-0.65	0.14	-0.21	0.63	0.2	0.31	0.3	-0.3
Non Current Assets Total	1.0	0.64	0.93	0.95	0.97	0.92	0.59	-0.47	0.82	0.25		0.68	0.25	0.88	0.78	0.96	0.63	0.2	-0.63	0.74	-0.22	0.89	0.78	0.98	-0.43	0.27
Non Currrent Assets Other	0.71	0.14	0.82	0.75	0.8	0.36	0.02	0.08	0.88	0.42	0.68		0.42	0.8	0.64	0.79	0.16	-0.02	-0.79	0.35	-0.08	0.78	0.3	0.77	-0.05	-0.41
Cash And Short Term Investments	0.31	0.1	0.32	0.4	0.33	0.05	-0.2	0.25	0.53	1.0	0.25	0.42		0.21	0.21	0.36	0.04	0.31	-0.65	0.15	-0.21	0.62	0.2	0.31	0.3	-0.31
Net Receivables	0.89	0.41	0.9	0.82	0.92	0.71	0.37	-0.28	0.83	0.21	0.88	0.8	0.21		0.77	0.91	0.45	-0.18	-0.73	0.58	-0.17	0.84	0.47	0.91	-0.43	-0.03
Common Stock Total Equity	0.79	0.73	0.8	0.8	0.78	0.69	0.65	-0.28	0.76	0.2	0.78	0.64	0.21	0.77		0.8	0.77	0.08	-0.77	0.87	-0.26	0.75	0.58	0.81	-0.42	0.02
Common Stock Shares Outstanding	0.97	0.53	0.96	0.93	0.99	0.83	0.44	-0.4	0.86	0.36	0.96	0.79	0.36	0.91	0.8		0.53	0.15	-0.71	0.67	-0.31	0.92	0.68	0.98	-0.38	0.06
Non Current Liabilities Total	0.61	0.98	0.48	0.59	0.5	0.71	0.94	-0.56	0.41	0.04	0.63	0.16	0.04	0.45	0.77	0.53		0.2	-0.46	0.97	-0.24	0.5	0.65	0.57	-0.53	0.45
Other Current Assets	0.22	0.3	0.11	0.3	0.15	0.29	0.21	-0.15	0.14	0.31	0.2	-0.02	0.31	-0.18	0.08	0.15	0.2		-0.02	0.25	-0.07	0.26	0.57	0.14	-0.05	0.19
Other Stockholder Equity	-0.67	-0.45	-0.73	-0.75	-0.7	-0.36	-0.25	-0.12	-0.87	-0.65	-0.63	-0.79	-0.65	-0.73	-0.77	-0.71	-0.46	-0.02		-0.6	0.14	-0.85	-0.36	-0.69	0.07	0.33
Total Liab	0.74	0.96	0.65	0.74	0.64	0.76	0.9	-0.52	0.57	0.14	0.74	0.35	0.15	0.58	0.87	0.67	0.97	0.25	-0.6		-0.24	0.64	0.73	0.7	-0.49	0.33
Property Plant And Equipment Gross	-0.23	-0.23	-0.23	-0.2	-0.2	-0.32	-0.17	0.43	-0.09	-0.21	-0.22	-0.08	-0.21	-0.17	-0.26	-0.31	-0.24	-0.07	0.14	-0.24		-0.26	-0.24	-0.2	0.24	-0.15
Total Current Assets	0.92	0.52	0.89	0.93	0.92	0.71	0.35	-0.21	0.92	0.63	0.89	0.78	0.62	0.84	0.75	0.92	0.5	0.26	-0.85	0.64	-0.26		0.65	0.91	-0.27	-0.02
Short Term Debt	0.77	0.75	0.67	0.82	0.67	0.82	0.71	-0.56	0.53	0.2	0.78	0.3	0.2	0.47	0.58	0.68	0.65	0.57	-0.36	0.73	-0.24	0.65		0.68	-0.25	0.4
Common Stock	0.98	0.57	0.94	0.93	0.99	0.86	0.49	-0.39	0.86	0.31	0.98	0.77	0.31	0.91	0.81	0.98	0.57	0.14	-0.69	0.7	-0.2	0.91	0.68		-0.4	0.13
Short Term Investments	-0.41	-0.42	-0.37	-0.27	-0.39	-0.6	-0.51	0.6	-0.11	0.3	-0.43	-0.05	0.3	-0.43	-0.42	-0.38	-0.53	-0.05	0.07	-0.49	0.24	-0.27	-0.25	-0.4		-0.37
Inventory	0.22	0.48	-0.01	0.13	0.05	0.5	0.59	-0.55	-0.07	-0.3	0.27	-0.41	-0.31	-0.03	0.02	0.06	0.45	0.19	0.33	0.33	-0.15	-0.02	0.4	0.13	-0.37

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Telefonica Brasil Account Relationship Matchups

Telefonica Brasil fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	108.3B	108.7B	115.7B	119.1B	120.7B	64.7B
Short Long Term Debt Total	13.8B	13.2B	16.9B	19.3B	18.7B	19.7B
Other Current Liab	6.2B	7.1B	6.9B	7.9B	6.5B	4.6B
Total Current Liabilities	17.7B	17.9B	22.5B	22.2B	20.1B	12.7B
Total Stockholder Equity	70.5B	69.6B	70.0B	68.4B	69.6B	40.4B
Property Plant And Equipment Net	42.8B	44.4B	44.4B	45.9B	46.3B	25.9B
Net Debt	10.4B	7.5B	10.5B	17.0B	14.4B	15.1B
Retained Earnings	2.2B	1.6B	2.1B	1.0B	2.0B	2.3B
Accounts Payable	6.9B	6.6B	8.0B	7.4B	8.2B	4.9B
Cash	3.4B	5.8B	6.4B	2.3B	4.4B	2.9B
Non Current Assets Total	89.6B	89.7B	94.6B	101.8B	101.5B	52.8B
Non Currrent Assets Other	5.2B	4.4B	5.6B	5.4B	5.6B	3.9B
Cash And Short Term Investments	3.4B	5.8B	6.4B	2.3B	4.4B	3.0B
Net Receivables	13.3B	11.2B	8.1B	11.9B	12.0B	7.1B
Liabilities And Stockholders Equity	108.3B	108.7B	115.7B	119.1B	120.7B	64.7B
Non Current Liabilities Total	20.1B	21.3B	23.2B	28.5B	31.0B	32.6B
Other Current Assets	382M	409M	5.9B	487.2M	539.3M	694.5M
Other Stockholder Equity	(2.2B)	(1.6B)	(2.1B)	(989.0M)	(2.0B)	(1.9B)
Total Liab	37.8B	39.2B	45.7B	50.7B	51.1B	53.7B
Total Current Assets	18.6B	19.1B	21.1B	17.3B	19.2B	12.0B
Accumulated Other Comprehensive Income	6.9B	6.0B	6.4B	4.8B	5.9B	3.9B
Short Term Debt	4.1B	3.7B	6.9B	6.0B	4.5B	2.5B
Inventory	578M	633M	640M	789.7M	822.8M	502.1M
Current Deferred Revenue	506M	507M	604.6M	845.6M	960.1M	658.0M
Other Assets	5.4B	(1M)	80M	4.4B	5.0B	4.0B
Intangible Assets	18.2B	17.6B	21.2B	23.4B	22.6B	16.4B
Good Will	23.1B	23.0B	22.9B	26.4B	26.4B	17.6B
Long Term Debt	2.5B	9.6B	10.0B	4.8B	4.5B	6.4B
Long Term Debt Total	9.7B	9.6B	10.0B	13.3B	15.3B	9.0B
Capital Surpluse	2.2B	1.6B	2.0B	826.7M	744.1M	1.5B
Property Plant Equipment	42.8B	44.4B	44.4B	45.9B	52.8B	42.2B
Other Liab	10.3B	11.7B	13.1B	15.1B	17.4B	11.9B
Net Tangible Assets	29.2B	29.0B	25.8B	18.7B	16.8B	20.9B
Capital Lease Obligations	9.2B	10.8B	11.2B	12.0B	13.6B	8.0B

Pair Trading with Telefonica Brasil

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

Moving together with Telefonica Stock

0.75

LUMN

Lumen Technologies Aggressive Push

Pair Corr

Moving against Telefonica Stock

0.83	DOYU	DouYu International	Pair Corr
0.81	OB	Outbrain	Pair Corr
0.74	CURIW	CuriosityStream	Pair Corr
0.66	TEF	Telefonica SA ADR	Pair Corr
0.57	IQ	iQIYI Inc	Pair Corr

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

The correlation of Telefonica Brasil 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 Telefonica Brasil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telefonica Brasil 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 Telefonica Brasil 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

Additional Tools for Telefonica Stock Analysis

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

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