Verizon Net Receivables vs Treasury Stock 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 Net Receivables and its Treasury Stock 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.

Net Receivables vs Treasury Stock

Net Receivables vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Net Receivables account and Treasury Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Verizon Communications' Net Receivables and Treasury Stock is 0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Treasury Stock 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' Net Receivables and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Verizon Communications are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Receivables i.e., Verizon Communications' Net Receivables and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Treasury Stock

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 Income4.3B3.3B3.0B3.5B
Tax Provision5.6B6.8B7.8B5.7B

Verizon Communications fundamental ratios Correlations

0.920.960.990.990.20.920.920.20.76-0.390.90.960.92-0.941.00.670.910.890.970.730.980.980.86-0.680.86
0.920.810.860.880.10.921.00.10.58-0.120.720.870.75-0.820.950.480.860.70.950.710.860.920.89-0.730.84
0.960.810.970.980.10.880.810.10.87-0.530.950.910.97-0.920.950.650.870.90.920.750.980.970.83-0.620.89
0.990.860.970.990.250.890.860.250.77-0.460.940.960.95-0.940.970.720.90.930.930.670.980.950.79-0.640.81
0.990.880.980.990.220.930.880.220.78-0.440.930.940.96-0.950.980.70.90.910.950.710.990.970.83-0.640.85
0.20.10.10.250.220.150.091.00.07-0.340.250.180.23-0.290.160.80.00.4-0.020.010.240.06-0.040.34-0.24
0.920.920.880.890.930.150.920.150.74-0.320.830.820.9-0.840.930.590.820.730.920.760.890.940.91-0.610.87
0.921.00.810.860.880.090.920.090.58-0.120.720.870.75-0.810.950.480.860.690.950.70.860.920.89-0.740.84
0.20.10.10.250.221.00.150.090.07-0.340.250.180.23-0.290.160.80.00.4-0.020.010.240.06-0.040.34-0.24
0.760.580.870.770.780.070.740.580.07-0.790.920.660.85-0.730.740.630.610.680.680.890.80.810.81-0.360.8
-0.39-0.12-0.53-0.46-0.44-0.34-0.32-0.12-0.34-0.79-0.7-0.36-0.560.53-0.35-0.7-0.3-0.45-0.21-0.6-0.48-0.4-0.390.03-0.31
0.90.720.950.940.930.250.830.720.250.92-0.70.870.96-0.880.880.760.790.850.820.770.920.890.78-0.510.78
0.960.870.910.960.940.180.820.870.180.66-0.360.870.85-0.920.940.620.950.860.940.590.920.90.74-0.770.75
0.920.750.970.950.960.230.90.750.230.85-0.560.960.85-0.890.90.720.810.890.860.690.940.910.77-0.510.81
-0.94-0.82-0.92-0.94-0.95-0.29-0.84-0.81-0.29-0.730.53-0.88-0.92-0.89-0.93-0.75-0.92-0.88-0.86-0.67-0.96-0.92-0.760.66-0.76
1.00.950.950.970.980.160.930.950.160.74-0.350.880.940.9-0.930.630.910.870.970.750.970.980.88-0.690.88
0.670.480.650.720.70.80.590.480.80.63-0.70.760.620.72-0.750.630.480.780.460.510.730.580.46-0.070.33
0.910.860.870.90.90.00.820.860.00.61-0.30.790.950.81-0.920.910.480.750.930.570.880.90.75-0.890.8
0.890.70.90.930.910.40.730.690.40.68-0.450.850.860.89-0.880.870.780.750.790.520.940.830.6-0.40.65
0.970.950.920.930.95-0.020.920.95-0.020.68-0.210.820.940.86-0.860.970.460.930.790.680.910.960.86-0.790.9
0.730.710.750.670.710.010.760.70.010.89-0.60.770.590.69-0.670.750.510.570.520.680.740.810.94-0.40.84
0.980.860.980.980.990.240.890.860.240.8-0.480.920.920.94-0.960.970.730.880.940.910.740.970.83-0.590.84
0.980.920.970.950.970.060.940.920.060.81-0.40.890.90.91-0.920.980.580.90.830.960.810.970.93-0.690.94
0.860.890.830.790.83-0.040.910.89-0.040.81-0.390.780.740.77-0.760.880.460.750.60.860.940.830.93-0.610.94
-0.68-0.73-0.62-0.64-0.640.34-0.61-0.740.34-0.360.03-0.51-0.77-0.510.66-0.69-0.07-0.89-0.4-0.79-0.4-0.59-0.69-0.61-0.68
0.860.840.890.810.85-0.240.870.84-0.240.8-0.310.780.750.81-0.760.880.330.80.650.90.840.840.940.94-0.68
Click cells to compare fundamentals

Verizon Communications Account Relationship Matchups

Verizon Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets264.8B291.7B316.5B366.6B421.6B329.3B
Short Long Term Debt Total105.9B100.7B123.2B143.4B164.9B129.1B
Total Current Liabilities44.9B39.7B47.2B50.2B57.7B46.4B
Total Stockholder Equity53.1B61.4B67.8B81.8B94.1B67.6B
Retained Earnings53.1B60.5B72.0B82.4B94.7B63.6B
Cash2.7B2.6B22.2B2.9B3.4B3.2B
Other Assets9.1B12.4B12.6B16.9B19.4B13.2B
Long Term Debt105.3B99.9B122.3B143.4B164.9B128.5B
Cash And Short Term Investments2.7B2.6B22.2B2.9B3.4B3.2B
Net Receivables26.3B24.7B24.6B25.2B28.9B27.5B
Good Will24.6B24.4B24.8B28.6B25.7B21.0B
Capital Surpluse13.4B13.4B13.4B13.9B15.9B14.3B
Inventory1.4B1.8B3.1B2.4B2.7B2.0B
Other Current Assets3.8B3.7B3.6B6.3B7.3B3.9B
Other Stockholder Equity1.2B264M(389M)(1.1B)(964.8M)(916.6M)
Total Liab211.7B230.3B248.6B284.8B327.5B261.7B
Total Current Assets37.5B54.6B36.7B37.9B43.5B42.4B
Treasury Stock(7.0B)(6.8B)(6.7B)(4.1B)(4.7B)(5.0B)
Intangible Assets103.9B104.6B105.5B159.3B183.2B125.8B
Property Plant Equipment114.6B117.4B127.6B133.6B153.6B123.0B
Other Current Liab10.8B10.7B12.3B13.2B15.2B12.5B
Other Liab64.1B65.7B68.9B70.9B81.5B73.7B
Net Tangible Assets(67.6B)(62.4B)(106.1B)(98.8B)(88.9B)(93.4B)
Accounts Payable7.7B6.7B8.0B8.8B10.1B8.5B
Deferred Long Term Liab1.9B2.1B2.3B2.5B2.8B2.3B

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