Telefonaktiebolaget Accounts Payable vs Other Stockholder Equity Analysis

ERIC Stock  USD 8.14  0.04  0.49%   
Telefonaktiebolaget financial indicator trend analysis is much more than just breaking down Telefonaktiebolaget prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telefonaktiebolaget is a good investment. Please check the relationship between Telefonaktiebolaget Accounts Payable and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telefonaktiebolaget Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Telefonaktiebolaget's Accounts Payable and Other Stockholder Equity is 0.03. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Telefonaktiebolaget LM Ericsson, assuming nothing else is changed. The correlation between historical values of Telefonaktiebolaget's Accounts Payable and Other Stockholder Equity 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 Telefonaktiebolaget LM Ericsson are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Telefonaktiebolaget's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Telefonaktiebolaget 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 Telefonaktiebolaget 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 Stockholder Equity

Most indicators from Telefonaktiebolaget's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonaktiebolaget 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current year's Tax Provision is expected to grow to about 4.9 B, whereas Selling General Administrative is forecasted to decline to about 29.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit100.7B113.3B104.4B66.2B
Total Revenue232.3B271.5B263.4B177.7B

Telefonaktiebolaget fundamental ratios Correlations

0.710.80.920.80.62-0.240.660.870.71-0.240.680.660.960.670.880.270.370.860.080.880.130.870.270.930.54
0.710.770.880.210.780.330.00.630.790.150.230.110.680.860.760.45-0.180.910.460.40.570.810.590.740.37
0.80.770.90.470.70.070.330.630.77-0.10.390.130.650.660.910.62-0.150.840.270.540.350.850.550.670.64
0.920.880.90.520.770.010.330.80.83-0.140.450.390.860.850.920.420.070.980.220.670.30.960.550.860.49
0.80.210.470.520.15-0.530.980.680.3-0.30.860.830.760.10.580.010.650.37-0.140.94-0.130.44-0.270.720.58
0.620.780.70.770.150.190.00.580.8-0.020.08-0.030.540.840.710.56-0.350.830.330.260.470.810.670.540.21
-0.240.330.070.01-0.530.19-0.6-0.450.40.81-0.57-0.56-0.30.170.040.52-0.540.070.81-0.490.74-0.030.46-0.120.22
0.660.00.330.330.980.0-0.60.560.13-0.320.840.790.62-0.10.43-0.060.670.18-0.230.87-0.220.26-0.410.570.52
0.870.630.630.80.680.58-0.450.560.52-0.370.780.630.910.630.650.120.320.76-0.070.850.070.790.110.850.17
0.710.790.770.830.30.80.40.130.520.250.160.160.620.780.80.72-0.110.840.590.410.590.840.670.70.51
-0.240.15-0.1-0.14-0.3-0.020.81-0.32-0.370.25-0.3-0.3-0.24-0.07-0.130.5-0.23-0.120.91-0.280.74-0.250.12-0.010.26
0.680.230.390.450.860.08-0.570.840.780.16-0.30.730.70.070.42-0.090.520.31-0.150.91-0.040.38-0.430.680.31
0.660.110.130.390.83-0.03-0.560.790.630.16-0.30.730.750.150.31-0.30.90.31-0.250.86-0.320.33-0.320.70.23
0.960.680.650.860.760.54-0.30.620.910.62-0.240.70.750.680.740.140.50.820.040.890.070.810.140.970.37
0.670.860.660.850.10.840.17-0.10.630.78-0.070.070.150.680.690.36-0.10.940.250.320.280.880.720.660.09
0.880.760.910.920.580.710.040.430.650.8-0.130.420.310.740.690.430.030.860.220.630.290.890.480.740.65
0.270.450.620.420.010.560.52-0.060.120.720.5-0.09-0.30.140.360.43-0.420.420.740.020.710.410.580.280.51
0.37-0.18-0.150.070.65-0.35-0.540.670.32-0.11-0.230.520.90.5-0.10.03-0.420.01-0.310.64-0.480.03-0.470.460.1
0.860.910.840.980.370.830.070.180.760.84-0.120.310.310.820.940.860.420.010.240.560.30.970.640.810.35
0.080.460.270.22-0.140.330.81-0.23-0.070.590.91-0.15-0.250.040.250.220.74-0.310.24-0.070.90.140.360.260.4
0.880.40.540.670.940.26-0.490.870.850.41-0.280.910.860.890.320.630.020.640.56-0.07-0.050.6-0.170.870.46
0.130.570.350.3-0.130.470.74-0.220.070.590.74-0.04-0.320.070.280.290.71-0.480.30.9-0.050.240.320.260.33
0.870.810.850.960.440.81-0.030.260.790.84-0.250.380.330.810.880.890.410.030.970.140.60.240.570.780.32
0.270.590.550.55-0.270.670.46-0.410.110.670.12-0.43-0.320.140.720.480.58-0.470.640.36-0.170.320.570.170.19
0.930.740.670.860.720.54-0.120.570.850.7-0.010.680.70.970.660.740.280.460.810.260.870.260.780.170.47
0.540.370.640.490.580.210.220.520.170.510.260.310.230.370.090.650.510.10.350.40.460.330.320.190.47
Click cells to compare fundamentals

Telefonaktiebolaget Account Relationship Matchups

Telefonaktiebolaget fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.4B271.5B305.6B349.5B297.0B209.0B
Short Long Term Debt Total47.6B39.5B41.1B42.2B54.3B28.6B
Other Current Liab45.6B67.7B76.5B96.1B78.2B41.5B
Total Current Liabilities116.8B114.3B127.0B145.6B129.4B78.6B
Total Stockholder Equity82.6B86.7B108.8B134.8B98.7B85.7B
Property Plant And Equipment Net22.3B21.4B21.5B22.1B18.5B14.8B
Net Debt2.5B(4.2B)(12.9B)3.9B19.1B20.1B
Retained Earnings38.9B48.0B66.9B85.2B50.5B52.4B
Cash45.1B43.6B54.1B38.3B35.2B28.2B
Non Current Assets Total122.5B121.7B130.8B175.7B142.0B149.2B
Non Currrent Assets Other2.3B1.2B568M415M9.4B9.8B
Cash And Short Term Investments51.8B50.4B67.0B47.1B44.8B47.3B
Net Receivables71.2B55.3B58.6B63.2B55.8B60.1B
Common Stock Shares Outstanding3.3B3.3B3.3B3.3B3.3B2.7B
Liabilities And Stockholders Equity276.4B271.5B305.6B349.5B297.0B209.0B
Non Current Liabilities Total77.7B72.0B71.6B70.6B70.2B43.4B
Inventory30.9B28.1B35.2B45.8B36.2B24.3B
Other Current Assets1.4B16.0B14.0B17.7B18.5B19.4B
Total Liab194.5B186.4B198.5B216.2B199.6B122.1B
Property Plant And Equipment Gross22.3B21.4B21.5B22.1B66.2B69.5B
Total Current Assets153.9B149.8B174.8B173.8B155.0B139.7B
Accumulated Other Comprehensive Income2.3B(2.7B)454M8.2B6.8B7.1B
Short Term Debt11.7B10.1B11.8B8.5B19.9B20.9B
Accounts Payable30.4B32.0B35.7B38.4B27.8B21.6B
Current Deferred Revenue29.0B26.4B32.8B42.3B34.4B23.4B
Intangible Assets6.5B8.7B7.4B30.0B27.3B15.8B
Other Liab41.8B42.7B42.2B36.8B42.4B44.5B
Long Term Debt28.3B22.2B22.2B26.9B29.2B30.7B
Good Will31.2B34.9B38.2B84.6B52.9B29.0B
Short Term Investments6.8B6.8B12.9B8.7B15.2B24.1B
Property Plant Equipment22.3B21.4B21.5B22.1B25.4B26.7B
Other Assets37.5B31.4B33.4B30.4B34.8B36.5B
Deferred Long Term Liab4.0B3.9B3.5B3.7B4.3B3.9B
Long Term Investments31.2B30.5B40.6B19.2B20.9B23.6B
Short Long Term Debt9.4B7.9B9.6B6.0B17.7B18.5B
Net Tangible Assets48.9B46.9B66.7B23.9B27.5B47.5B

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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.
When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget's 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 Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Communications Equipment 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 Telefonaktiebolaget. If investors know Telefonaktiebolaget 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 Telefonaktiebolaget 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
0.707
Dividend Share
2.7
Earnings Share
(0.04)
Revenue Per Share
74.095
Quarterly Revenue Growth
(0.04)
The market value of Telefonaktiebolaget is measured differently than its book value, which is the value of Telefonaktiebolaget that is recorded on the company's balance sheet. Investors also form their own opinion of Telefonaktiebolaget's value that differs from its market value or its book value, called intrinsic value, which is Telefonaktiebolaget's 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 Telefonaktiebolaget's market value can be influenced by many factors that don't directly affect Telefonaktiebolaget's 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 Telefonaktiebolaget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefonaktiebolaget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefonaktiebolaget's 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.