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 Total Stockholder Equity and its Total 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.
Total Stockholder Equity vs Total Liab
Total Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Verizon Communications Total Stockholder Equity account and
Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Verizon Communications' Total Stockholder Equity and Total Liab is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total 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' Total Stockholder Equity 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 Stockholder Equity of Verizon Communications 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 Stockholder Equity i.e., Verizon Communications' Total Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
Verizon Communications fundamental ratios Correlations
Click cells to compare fundamentals
Verizon Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Verizon Communications fundamental ratios Accounts
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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.