Lumen Total Assets vs Property Plant And Equipment Gross Analysis
LUMN Stock | USD 6.39 0.30 4.48% |
Lumen Technologies financial indicator trend analysis is infinitely more than just investigating Lumen Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lumen Technologies is a good investment. Please check the relationship between Lumen Technologies Total Assets and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumen Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.
Total Assets vs Property Plant And Equipment Gross
Total Assets vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumen Technologies Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lumen Technologies' Total Assets and Property Plant And Equipment Gross is 0.22. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Lumen Technologies, assuming nothing else is changed. The correlation between historical values of Lumen Technologies' Total Assets and Property Plant And Equipment Gross 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 Assets of Lumen Technologies are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Lumen Technologies' Total Assets and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Lumen Technologies 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 Lumen Technologies 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.Property Plant And Equipment Gross
Most indicators from Lumen Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lumen Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumen Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.At this time, Lumen Technologies' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 31st of October 2024, Enterprise Value Multiple is likely to grow to 8.65, while Selling General Administrative is likely to drop about 2.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5B | 1.3B | 1.2B | 639.2M | Depreciation And Amortization | 4.4B | 3.2B | 3.0B | 1.8B |
Lumen Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Lumen Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lumen Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 64.7B | 59.4B | 58.0B | 45.6B | 34.0B | 24.7B | |
Short Long Term Debt Total | 34.7B | 32.2B | 29.4B | 20.9B | 20.1B | 11.3B | |
Other Current Liab | 2.4B | 1.9B | 3.9B | 2.8B | 1.5B | 852.4M | |
Total Current Liabilities | 7.3B | 6.6B | 7.2B | 4.8B | 3.5B | 2.2B | |
Total Stockholder Equity | 13.5B | 11.2B | 11.8B | 10.4B | 417M | 396.2M | |
Property Plant And Equipment Net | 27.8B | 26.3B | 20.9B | 19.2B | 19.8B | 20.7B | |
Net Debt | 33.0B | 31.8B | 29.0B | 19.7B | 17.9B | 11.0B | |
Retained Earnings | (6.8B) | (8.0B) | (6.0B) | (7.5B) | (17.9B) | (17.0B) | |
Cash | 1.7B | 406M | 354M | 1.3B | 2.2B | 2.3B | |
Non Current Assets Total | 60.0B | 56.2B | 46.5B | 40.2B | 29.2B | 22.7B | |
Non Currrent Assets Other | 10.7B | 2.8B | 2.6B | 2.2B | 2.1B | 3.0B | |
Cash And Short Term Investments | 1.7B | 406M | 354M | 1.3B | 2.2B | 2.3B | |
Net Receivables | 2.3B | 2.0B | 1.5B | 1.5B | 1.3B | 892.7M | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.0B | 985.0M | 1.0B | |
Liabilities And Stockholders Equity | 64.7B | 59.4B | 58.0B | 45.6B | 34.0B | 24.7B | |
Non Current Liabilities Total | 44.0B | 41.6B | 39.0B | 30.3B | 30.1B | 15.3B | |
Other Current Assets | 3.1B | 808M | 829M | 803M | 1.2B | 1.1B | |
Other Stockholder Equity | 21.9B | 20.9B | 19.0B | 18.1B | 18.1B | 19.0B | |
Total Liab | 51.3B | 48.2B | 46.2B | 35.1B | 33.6B | 17.5B | |
Property Plant And Equipment Gross | 27.8B | 26.3B | 40.2B | 39.1B | 41.1B | 43.1B | |
Total Current Assets | 4.8B | 3.2B | 11.5B | 5.4B | 4.8B | 5.0B | |
Accumulated Other Comprehensive Income | (2.7B) | (2.8B) | (2.2B) | (1.1B) | (810M) | (850.5M) | |
Short Term Debt | 2.3B | 2.8B | 1.9B | 498M | 268M | 254.6M | |
Accounts Payable | 1.9B | 1.7B | 1.1B | 758M | 950M | 584.6M | |
Intangible Assets | 9.6B | 8.2B | 7.0B | 6.2B | 5.5B | 4.7B | |
Common Stock Total Equity | 1.1B | 1.1B | 1.0B | 1.0B | 1.2B | 1.2B | |
Common Stock | 1.1B | 1.1B | 1.0B | 1.0B | 1.0B | 561.3M | |
Other Liab | 10.3B | 12.2B | 11.6B | 8.8B | 10.2B | 5.5B | |
Other Assets | 958M | 2.8B | 2.6B | 832M | 956.8M | 921.3M | |
Long Term Debt | 32.4B | 29.4B | 27.4B | 20.4B | 19.8B | 16.5B | |
Good Will | 21.5B | 18.9B | 16.0B | 12.7B | 2.0B | 1.9B | |
Property Plant Equipment | 26.1B | 26.3B | 20.9B | 19.2B | 22.0B | 14.5B | |
Current Deferred Revenue | 804M | 753M | 617M | 596M | 647M | 523.9M | |
Net Tangible Assets | (17.6B) | (15.9B) | (11.1B) | (8.4B) | (7.5B) | (7.9B) | |
Retained Earnings Total Equity | (6.8B) | (8.0B) | (6.0B) | (7.5B) | (6.8B) | (6.5B) | |
Capital Surpluse | 21.9B | 20.9B | 19.0B | 18.1B | 20.8B | 19.8B | |
Deferred Long Term Liab | 11.6B | 12.2B | 11.6B | 9.9B | 11.4B | 10.6B | |
Long Term Debt Total | 32.4B | 29.4B | 27.4B | 20.4B | 23.5B | 27.5B |
Pair Trading with Lumen Technologies
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 Lumen Technologies 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 Lumen Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Lumen Stock
0.67 | T | ATT Inc Aggressive Push | PairCorr |
0.61 | KT | KT Corporation | PairCorr |
0.65 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
0.63 | VEON | VEON | PairCorr |
Moving against Lumen Stock
The ability to find closely correlated positions to Lumen Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lumen Technologies 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 Lumen Technologies - 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 Lumen Technologies to buy it.
The correlation of Lumen Technologies 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 Lumen Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lumen Technologies 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 Lumen Technologies 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumen Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Diversified Telecommunication Services space 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 Lumen Technologies. If investors know Lumen 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 Lumen Technologies 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 (0.89) | Earnings Share (2.13) | Revenue Per Share 13.927 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0089 |
The market value of Lumen Technologies is measured differently than its book value, which is the value of Lumen that is recorded on the company's balance sheet. Investors also form their own opinion of Lumen Technologies' value that differs from its market value or its book value, called intrinsic value, which is Lumen Technologies' 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 Lumen Technologies' market value can be influenced by many factors that don't directly affect Lumen Technologies' 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 Lumen Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumen Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumen Technologies' 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.