Telefonica Total Current Liabilities vs Total Liab Analysis
VIV Stock | USD 8.23 0.20 2.37% |
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 Total Current Liabilities and its Total Liab 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.
Total Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telefonica Brasil Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telefonica Brasil's Total Current Liabilities and Total Liab is 0.74. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab 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 Total Current Liabilities and Total Liab 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 Liabilities of Telefonica Brasil SA are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Telefonica Brasil's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Telefonica Brasil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Telefonica Brasil SA are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 |
Telefonica Brasil fundamental ratios Correlations
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Telefonica Brasil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 against Telefonica Stock
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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.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.