Verizon Accounts Payable vs Other Current Liab Analysis

0Q1S Stock

44.45 0.30 0.67%

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 Accounts Payable and its Other Current Liab accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

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

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Verizon Communications' Accounts Payable and Other Current Liab is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab 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' Accounts Payable and Other Current 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 Accounts Payable of Verizon Communications are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Verizon Communications' Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Verizon Communications obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Verizon Communications are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Liab

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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.Tax Provision is likely to drop to about 5.7 B in 2024. Selling General Administrative is likely to drop to about 31.9 B in 2024

	2020	2021	2023	2024 (projected)
Interest Income	4.3B	3.3B	3.0B	3.5B
Tax Provision	5.6B	6.8B	7.8B	5.7B

Interest Income Tax Provision

Verizon Communications fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		0.92	0.96	0.99	0.99	0.2	0.92	0.92	0.2	0.76	-0.39	0.9	0.96	0.92	-0.94	1.0	0.67	0.91	0.89	0.97	0.73	0.98	0.98	0.86	-0.68	0.86
Short Long Term Debt Total	0.92		0.81	0.86	0.88	0.1	0.92	1.0	0.1	0.58	-0.12	0.72	0.87	0.75	-0.82	0.95	0.48	0.86	0.7	0.95	0.71	0.86	0.92	0.89	-0.73	0.84
Total Current Liabilities	0.96	0.81		0.97	0.98	0.1	0.88	0.81	0.1	0.87	-0.53	0.95	0.91	0.97	-0.92	0.95	0.65	0.87	0.9	0.92	0.75	0.98	0.97	0.83	-0.62	0.89
Total Stockholder Equity	0.99	0.86	0.97		0.99	0.25	0.89	0.86	0.25	0.77	-0.46	0.94	0.96	0.95	-0.94	0.97	0.72	0.9	0.93	0.93	0.67	0.98	0.95	0.79	-0.64	0.81
Retained Earnings	0.99	0.88	0.98	0.99		0.22	0.93	0.88	0.22	0.78	-0.44	0.93	0.94	0.96	-0.95	0.98	0.7	0.9	0.91	0.95	0.71	0.99	0.97	0.83	-0.64	0.85
Cash	0.2	0.1	0.1	0.25	0.22		0.15	0.09	1.0	0.07	-0.34	0.25	0.18	0.23	-0.29	0.16	0.8	0.0	0.4	-0.02	0.01	0.24	0.06	-0.04	0.34	-0.24
Other Assets	0.92	0.92	0.88	0.89	0.93	0.15		0.92	0.15	0.74	-0.32	0.83	0.82	0.9	-0.84	0.93	0.59	0.82	0.73	0.92	0.76	0.89	0.94	0.91	-0.61	0.87
Long Term Debt	0.92	1.0	0.81	0.86	0.88	0.09	0.92		0.09	0.58	-0.12	0.72	0.87	0.75	-0.81	0.95	0.48	0.86	0.69	0.95	0.7	0.86	0.92	0.89	-0.74	0.84
Cash And Short Term Investments	0.2	0.1	0.1	0.25	0.22	1.0	0.15	0.09		0.07	-0.34	0.25	0.18	0.23	-0.29	0.16	0.8	0.0	0.4	-0.02	0.01	0.24	0.06	-0.04	0.34	-0.24
Net Receivables	0.76	0.58	0.87	0.77	0.78	0.07	0.74	0.58	0.07		-0.79	0.92	0.66	0.85	-0.73	0.74	0.63	0.61	0.68	0.68	0.89	0.8	0.81	0.81	-0.36	0.8
Good Will	-0.39	-0.12	-0.53	-0.46	-0.44	-0.34	-0.32	-0.12	-0.34	-0.79		-0.7	-0.36	-0.56	0.53	-0.35	-0.7	-0.3	-0.45	-0.21	-0.6	-0.48	-0.4	-0.39	0.03	-0.31
Capital Surpluse	0.9	0.72	0.95	0.94	0.93	0.25	0.83	0.72	0.25	0.92	-0.7		0.87	0.96	-0.88	0.88	0.76	0.79	0.85	0.82	0.77	0.92	0.89	0.78	-0.51	0.78
Inventory	0.96	0.87	0.91	0.96	0.94	0.18	0.82	0.87	0.18	0.66	-0.36	0.87		0.85	-0.92	0.94	0.62	0.95	0.86	0.94	0.59	0.92	0.9	0.74	-0.77	0.75
Other Current Assets	0.92	0.75	0.97	0.95	0.96	0.23	0.9	0.75	0.23	0.85	-0.56	0.96	0.85		-0.89	0.9	0.72	0.81	0.89	0.86	0.69	0.94	0.91	0.77	-0.51	0.81
Other Stockholder Equity	-0.94	-0.82	-0.92	-0.94	-0.95	-0.29	-0.84	-0.81	-0.29	-0.73	0.53	-0.88	-0.92	-0.89		-0.93	-0.75	-0.92	-0.88	-0.86	-0.67	-0.96	-0.92	-0.76	0.66	-0.76
Total Liab	1.0	0.95	0.95	0.97	0.98	0.16	0.93	0.95	0.16	0.74	-0.35	0.88	0.94	0.9	-0.93		0.63	0.91	0.87	0.97	0.75	0.97	0.98	0.88	-0.69	0.88
Total Current Assets	0.67	0.48	0.65	0.72	0.7	0.8	0.59	0.48	0.8	0.63	-0.7	0.76	0.62	0.72	-0.75	0.63		0.48	0.78	0.46	0.51	0.73	0.58	0.46	-0.07	0.33
Treasury Stock	0.91	0.86	0.87	0.9	0.9	0.0	0.82	0.86	0.0	0.61	-0.3	0.79	0.95	0.81	-0.92	0.91	0.48		0.75	0.93	0.57	0.88	0.9	0.75	-0.89	0.8
Short Term Debt	0.89	0.7	0.9	0.93	0.91	0.4	0.73	0.69	0.4	0.68	-0.45	0.85	0.86	0.89	-0.88	0.87	0.78	0.75		0.79	0.52	0.94	0.83	0.6	-0.4	0.65
Intangible Assets	0.97	0.95	0.92	0.93	0.95	-0.02	0.92	0.95	-0.02	0.68	-0.21	0.82	0.94	0.86	-0.86	0.97	0.46	0.93	0.79		0.68	0.91	0.96	0.86	-0.79	0.9
Common Stock	0.73	0.71	0.75	0.67	0.71	0.01	0.76	0.7	0.01	0.89	-0.6	0.77	0.59	0.69	-0.67	0.75	0.51	0.57	0.52	0.68		0.74	0.81	0.94	-0.4	0.84
Property Plant Equipment	0.98	0.86	0.98	0.98	0.99	0.24	0.89	0.86	0.24	0.8	-0.48	0.92	0.92	0.94	-0.96	0.97	0.73	0.88	0.94	0.91	0.74		0.97	0.83	-0.59	0.84
Other Current Liab	0.98	0.92	0.97	0.95	0.97	0.06	0.94	0.92	0.06	0.81	-0.4	0.89	0.9	0.91	-0.92	0.98	0.58	0.9	0.83	0.96	0.81	0.97		0.93	-0.69	0.94
Other Liab	0.86	0.89	0.83	0.79	0.83	-0.04	0.91	0.89	-0.04	0.81	-0.39	0.78	0.74	0.77	-0.76	0.88	0.46	0.75	0.6	0.86	0.94	0.83	0.93		-0.61	0.94
Net Tangible Assets	-0.68	-0.73	-0.62	-0.64	-0.64	0.34	-0.61	-0.74	0.34	-0.36	0.03	-0.51	-0.77	-0.51	0.66	-0.69	-0.07	-0.89	-0.4	-0.79	-0.4	-0.59	-0.69	-0.61		-0.68
Accounts Payable	0.86	0.84	0.89	0.81	0.85	-0.24	0.87	0.84	-0.24	0.8	-0.31	0.78	0.75	0.81	-0.76	0.88	0.33	0.8	0.65	0.9	0.84	0.84	0.94	0.94	-0.68

Click cells to compare fundamentals

Verizon Communications Account Relationship Matchups

Verizon Communications fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	264.8B	291.7B	316.5B	366.6B	421.6B	329.3B
Short Long Term Debt Total	105.9B	100.7B	123.2B	143.4B	164.9B	129.1B
Total Current Liabilities	44.9B	39.7B	47.2B	50.2B	57.7B	46.4B
Total Stockholder Equity	53.1B	61.4B	67.8B	81.8B	94.1B	67.6B
Retained Earnings	53.1B	60.5B	72.0B	82.4B	94.7B	63.6B
Cash	2.7B	2.6B	22.2B	2.9B	3.4B	3.2B
Other Assets	9.1B	12.4B	12.6B	16.9B	19.4B	13.2B
Long Term Debt	105.3B	99.9B	122.3B	143.4B	164.9B	128.5B
Cash And Short Term Investments	2.7B	2.6B	22.2B	2.9B	3.4B	3.2B
Net Receivables	26.3B	24.7B	24.6B	25.2B	28.9B	27.5B
Good Will	24.6B	24.4B	24.8B	28.6B	25.7B	21.0B
Capital Surpluse	13.4B	13.4B	13.4B	13.9B	15.9B	14.3B
Inventory	1.4B	1.8B	3.1B	2.4B	2.7B	2.0B
Other Current Assets	3.8B	3.7B	3.6B	6.3B	7.3B	3.9B
Other Stockholder Equity	1.2B	264M	(389M)	(1.1B)	(964.8M)	(916.6M)
Total Liab	211.7B	230.3B	248.6B	284.8B	327.5B	261.7B
Total Current Assets	37.5B	54.6B	36.7B	37.9B	43.5B	42.4B
Treasury Stock	(7.0B)	(6.8B)	(6.7B)	(4.1B)	(4.7B)	(5.0B)
Intangible Assets	103.9B	104.6B	105.5B	159.3B	183.2B	125.8B
Property Plant Equipment	114.6B	117.4B	127.6B	133.6B	153.6B	123.0B
Other Current Liab	10.8B	10.7B	12.3B	13.2B	15.2B	12.5B
Other Liab	64.1B	65.7B	68.9B	70.9B	81.5B	73.7B
Net Tangible Assets	(67.6B)	(62.4B)	(106.1B)	(98.8B)	(88.9B)	(93.4B)
Accounts Payable	7.7B	6.7B	8.0B	8.8B	10.1B	8.5B
Deferred Long Term Liab	1.9B	2.1B	2.3B	2.5B	2.8B	2.3B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Verizon Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Verizon Accounts Payable vs Other Current Liab Analysis

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

Correlation Coefficient

Accounts Payable

Other Current Liab

Verizon Communications fundamental ratios Correlations

Verizon Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Verizon Communications fundamental ratios Accounts

Also Currently Popular

Additional Tools for Verizon Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Property Plant Equipment	- 0.96	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.94	Total Stockholder Equity
Other Stockholder Equity	- 0.94	Total Assets
Total Liab	- 0.93	Other Stockholder Equity
Other Current Liab	- 0.92	Other Stockholder Equity