Verizon Intangible Assets vs Retained Earnings Analysis

VZ Stock  USD 39.68  0.46  1.17%   
Verizon Communications financial indicator trend analysis is much more than just breaking down Verizon Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Verizon Communications is a good investment. Please check the relationship between Verizon Communications Intangible Assets and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Verizon Communications' Intangible Assets and Retained Earnings is 0.78. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Verizon Communications, assuming nothing else is changed. The correlation between historical values of Verizon Communications' Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Verizon Communications are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., Verizon Communications' Intangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Verizon Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Verizon Communications 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 Verizon Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.At this time, Verizon Communications' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 126.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 26.5 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit77.3B60.6B61.5B45.5B
Total Revenue133.6B136.8B134.0B78.9B

Verizon Communications fundamental ratios Correlations

0.930.620.960.860.810.870.80.020.990.020.010.860.660.930.770.5-0.070.950.490.820.160.120.83-0.01-0.66
0.930.530.930.830.750.970.88-0.110.940.01-0.120.880.70.960.80.47-0.40.970.380.81-0.030.420.820.33-0.7
0.620.530.580.330.830.490.290.030.6-0.070.030.590.880.650.650.580.010.640.50.260.460.120.230.06-0.51
0.960.930.580.880.770.920.86-0.180.980.11-0.190.90.660.910.740.49-0.210.940.320.90.20.240.840.1-0.74
0.860.830.330.880.660.810.94-0.120.87-0.09-0.130.820.360.70.720.48-0.120.750.330.920.130.210.890.05-0.6
0.810.750.830.770.660.690.60.040.79-0.210.040.720.820.760.850.670.00.780.590.60.240.240.550.07-0.52
0.870.970.490.920.810.690.9-0.360.910.06-0.360.890.680.930.780.44-0.520.940.160.82-0.030.530.830.43-0.78
0.80.880.290.860.940.60.9-0.30.82-0.07-0.310.850.430.740.720.44-0.440.770.180.9-0.010.490.860.37-0.67
0.02-0.110.03-0.18-0.120.04-0.36-0.3-0.12-0.221.0-0.22-0.11-0.08-0.130.00.56-0.10.79-0.230.01-0.51-0.23-0.50.47
0.990.940.60.980.870.790.910.82-0.120.06-0.120.860.660.930.780.48-0.130.950.370.840.170.170.860.04-0.71
0.020.01-0.070.11-0.09-0.210.06-0.07-0.220.06-0.220.03-0.020.06-0.17-0.51-0.070.07-0.290.080.020.010.09-0.13-0.31
0.01-0.120.03-0.19-0.130.04-0.36-0.311.0-0.12-0.22-0.23-0.11-0.08-0.14-0.010.57-0.10.79-0.240.01-0.51-0.23-0.510.48
0.860.880.590.90.820.720.890.85-0.220.860.03-0.230.730.850.670.59-0.380.870.360.760.040.380.650.31-0.82
0.660.70.880.660.360.820.680.43-0.110.66-0.02-0.110.730.80.650.53-0.350.780.420.350.090.430.280.37-0.65
0.930.960.650.910.70.760.930.74-0.080.930.06-0.080.850.80.750.44-0.341.00.40.710.020.340.730.26-0.71
0.770.80.650.740.720.850.780.72-0.130.78-0.17-0.140.670.650.750.62-0.180.760.370.630.080.370.710.27-0.54
0.50.470.580.490.480.670.440.440.00.48-0.51-0.010.590.530.440.62-0.020.460.440.380.160.040.230.2-0.39
-0.07-0.40.01-0.21-0.120.0-0.52-0.440.56-0.13-0.070.57-0.38-0.35-0.34-0.18-0.02-0.320.32-0.220.38-0.89-0.15-0.940.44
0.950.970.640.940.750.780.940.77-0.10.950.07-0.10.870.781.00.760.46-0.320.390.750.050.330.760.23-0.72
0.490.380.50.320.330.590.160.180.790.37-0.290.790.360.420.40.370.440.320.390.180.08-0.180.11-0.24-0.03
0.820.810.260.90.920.60.820.9-0.230.840.08-0.240.760.350.710.630.38-0.220.750.180.10.290.880.11-0.58
0.16-0.030.460.20.130.24-0.03-0.010.010.170.020.010.040.090.020.080.160.380.050.080.1-0.30.09-0.40.0
0.120.420.120.240.210.240.530.49-0.510.170.01-0.510.380.430.340.370.04-0.890.33-0.180.29-0.30.240.88-0.41
0.830.820.230.840.890.550.830.86-0.230.860.09-0.230.650.280.730.710.23-0.150.760.110.880.090.240.04-0.56
-0.010.330.060.10.050.070.430.37-0.50.04-0.13-0.510.310.370.260.270.2-0.940.23-0.240.11-0.40.880.04-0.35
-0.66-0.7-0.51-0.74-0.6-0.52-0.78-0.670.47-0.71-0.310.48-0.82-0.65-0.71-0.54-0.390.44-0.72-0.03-0.580.0-0.41-0.56-0.35
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Verizon Communications Account Relationship Matchups

Verizon Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets291.7B316.5B366.6B379.7B380.3B399.3B
Short Long Term Debt Total133.1B150.5B177.9B176.3B174.9B183.7B
Other Current Liab18.5B18.8B21.8B20.7B19.0B10.8B
Total Current Liabilities44.9B39.7B47.2B50.2B53.2B55.9B
Total Stockholder Equity61.4B67.8B81.8B91.1B92.4B97.1B
Property Plant And Equipment Net114.6B117.4B127.6B133.6B133.0B71.4B
Net Debt130.5B128.4B175.0B173.7B172.9B181.5B
Retained Earnings53.1B60.5B72.0B82.4B82.9B87.1B
Cash2.6B22.2B2.9B2.6B2.1B2.0B
Non Current Assets Total254.3B261.9B329.9B341.8B343.4B360.6B
Non Currrent Assets Other10.1B(22.1B)12.3B(26.2B)19.9B20.9B
Cash And Short Term Investments2.6B22.2B2.9B2.6B2.1B2.0B
Net Receivables25.4B23.9B23.8B24.5B25.1B26.3B
Common Stock Shares Outstanding4.1B4.1B4.2B4.2B4.2B2.7B
Liabilities And Stockholders Equity291.7B316.5B366.6B379.7B380.3B399.3B
Non Current Liabilities Total184.0B207.5B236.2B237.0B233.2B244.9B
Inventory1.4B1.8B3.1B2.4B2.1B1.2B
Other Current Assets8.0B6.7B6.9B8.4B1.7B3.1B
Other Stockholder Equity6.8B7.0B10.3B10.2B9.1B8.6B
Total Liab228.9B247.2B283.4B287.2B286.5B300.8B
Total Current Assets37.5B54.6B36.7B37.9B36.8B21.8B
Short Term Debt14.0B9.4B11.3B14.1B17.2B18.1B
Accounts Payable7.7B6.7B8.0B8.8B10.0B6.7B
Property Plant And Equipment Gross114.6B117.4B289.9B307.7B344.8B362.1B
Accumulated Other Comprehensive Income998M(71M)(927M)(1.9B)(1.4B)(1.4B)
Other Liab64.1B66.4B69.6B70.9B81.5B49.0B
Other Assets9.1B13.7B13.3B17.3B19.9B20.9B
Long Term Debt99.9B123.2B143.4B140.7B137.7B83.2B
Treasury Stock(7.0B)(6.8B)(6.7B)(4.1B)(3.7B)(3.9B)
Intangible Assets104.6B105.5B159.3B161.3B166.7B93.0B
Property Plant Equipment91.9B94.8B127.6B133.6B153.6B96.9B
Current Deferred Revenue4.7B4.8B6.1B6.6B7.0B3.5B
Good Will24.4B24.8B28.6B28.7B22.8B19.9B
Noncontrolling Interest In Consolidated Entity1.4B1.4B1.4B1.3B1.2B1.1B
Retained Earnings Total Equity53.1B60.5B72.0B82.4B94.7B99.5B

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When determining whether Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Verizon Communications' 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 Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.
Note that the Verizon Communications information on this page should be used as a complementary analysis to other Verizon Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Verizon Communications' price analysis, check to measure Verizon Communications' 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 Verizon Communications is operating at the current time. Most of Verizon Communications' value examination focuses on studying past and present price action to predict the probability of Verizon Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verizon Communications' price. Additionally, you may evaluate how the addition of Verizon Communications to your portfolios can decrease your overall portfolio volatility.
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Is Verizon Communications' 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 Verizon Communications. If investors know Verizon 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 Verizon Communications 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
(0.07)
Dividend Share
2.648
Earnings Share
2.67
Revenue Per Share
31.817
Quarterly Revenue Growth
0.002
The market value of Verizon Communications is measured differently than its book value, which is the value of Verizon that is recorded on the company's balance sheet. Investors also form their own opinion of Verizon Communications' value that differs from its market value or its book value, called intrinsic value, which is Verizon Communications' 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 Verizon Communications' market value can be influenced by many factors that don't directly affect Verizon Communications' 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 Verizon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Verizon Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verizon Communications' 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.