Lumen Total Assets vs Accounts Payable Analysis

LUMN Stock  USD 7.34  0.03  0.41%   
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 Accounts Payable 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 Accounts Payable

Total Assets vs Accounts Payable 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 Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lumen Technologies' Total Assets and Accounts Payable is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 Accounts Payable 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 Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Lumen Technologies' Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Accounts Payable

An accounting item on the balance sheet that represents Lumen Technologies 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 Lumen Technologies 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.
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.As of the 30th of November 2024, Selling General Administrative is likely to drop to about 2.4 B. In addition to that, Tax Provision is likely to drop to about 58 M
 2021 2022 2023 2024 (projected)
Interest Expense1.5B1.3B1.2B639.2M
Depreciation And Amortization4.4B3.2B3.0B1.8B

Lumen Technologies fundamental ratios Correlations

0.950.790.830.840.850.960.29-0.180.990.76-0.180.960.440.96-0.090.490.840.960.220.350.410.830.90.440.71
0.950.770.850.650.91.00.070.00.930.650.00.90.590.990.040.390.840.980.350.380.480.770.830.620.86
0.790.770.90.560.650.780.14-0.120.710.4-0.120.690.510.790.030.850.640.820.360.770.560.550.560.40.64
0.830.850.90.510.780.850.03-0.050.780.36-0.050.750.630.870.090.570.720.90.360.590.770.570.580.50.75
0.840.650.560.510.490.680.72-0.560.860.84-0.560.82-0.060.68-0.310.460.530.66-0.220.050.110.720.81-0.050.26
0.850.90.650.780.490.89-0.210.30.850.570.30.830.770.90.060.240.970.90.580.40.460.740.790.80.84
0.961.00.780.850.680.890.12-0.050.940.66-0.050.910.570.980.030.410.840.980.320.370.490.770.840.590.84
0.290.070.140.030.72-0.210.12-0.90.330.5-0.90.29-0.670.08-0.320.29-0.190.08-0.78-0.31-0.10.220.26-0.69-0.36
-0.180.0-0.12-0.05-0.560.3-0.05-0.9-0.2-0.211.0-0.150.61-0.020.26-0.320.3-0.020.750.22-0.080.04-0.080.710.37
0.990.930.710.780.860.850.940.33-0.20.8-0.20.970.390.94-0.110.40.830.940.160.230.370.840.910.410.67
0.760.650.40.360.840.570.660.5-0.210.8-0.210.80.010.64-0.130.230.580.61-0.15-0.09-0.060.830.820.120.29
-0.180.0-0.12-0.05-0.560.3-0.05-0.91.0-0.2-0.21-0.150.61-0.020.26-0.320.3-0.020.750.22-0.080.04-0.080.710.37
0.960.90.690.750.820.830.910.29-0.150.970.8-0.150.360.93-0.050.380.820.920.160.220.310.890.850.390.64
0.440.590.510.63-0.060.770.57-0.670.610.390.010.610.360.590.250.170.750.60.860.60.470.350.350.920.83
0.960.990.790.870.680.90.980.08-0.020.940.64-0.020.930.590.020.420.871.00.360.410.470.80.840.590.85
-0.090.040.030.09-0.310.060.03-0.320.26-0.11-0.130.26-0.050.250.02-0.05-0.010.030.210.120.17-0.15-0.350.230.17
0.490.390.850.570.460.240.410.29-0.320.40.23-0.320.380.170.42-0.050.30.450.190.810.30.250.290.060.22
0.840.840.640.720.530.970.84-0.190.30.830.580.30.820.750.87-0.010.30.860.630.450.340.750.830.780.8
0.960.980.820.90.660.90.980.08-0.020.940.61-0.020.920.61.00.030.450.860.370.440.520.780.820.590.85
0.220.350.360.36-0.220.580.32-0.780.750.16-0.150.750.160.860.360.210.190.630.370.70.160.160.210.890.67
0.350.380.770.590.050.40.37-0.310.220.23-0.090.220.220.60.410.120.810.450.440.70.370.110.170.510.5
0.410.480.560.770.110.460.49-0.1-0.080.37-0.06-0.080.310.470.470.170.30.340.520.160.370.040.150.290.43
0.830.770.550.570.720.740.770.220.040.840.830.040.890.350.8-0.150.250.750.780.160.110.040.810.370.58
0.90.830.560.580.810.790.840.26-0.080.910.82-0.080.850.350.84-0.350.290.830.820.210.170.150.810.450.63
0.440.620.40.5-0.050.80.59-0.690.710.410.120.710.390.920.590.230.060.780.590.890.510.290.370.450.85
0.710.860.640.750.260.840.84-0.360.370.670.290.370.640.830.850.170.220.80.850.670.50.430.580.630.85
Click cells to compare fundamentals

Lumen Technologies Account Relationship Matchups

Lumen Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.7B59.4B58.0B45.6B34.0B24.7B
Short Long Term Debt Total34.7B32.2B29.4B20.9B20.3B11.3B
Other Current Liab2.4B1.6B3.2B1.6B1.1B778.8M
Total Current Liabilities7.3B6.6B7.2B4.8B3.5B2.2B
Total Stockholder Equity13.5B11.2B11.8B10.4B417M396.2M
Property Plant And Equipment Net27.8B26.3B20.9B19.2B19.8B20.7B
Net Debt33.0B31.8B29.0B19.7B18.0B11.0B
Retained Earnings(6.8B)(8.0B)(6.0B)(7.5B)(17.9B)(17.0B)
Cash1.7B406M354M1.3B2.2B2.3B
Non Current Assets Total60.0B56.2B46.5B40.2B29.2B22.7B
Non Currrent Assets Other10.7B2.8B2.6B2.2B2.1B3.0B
Cash And Short Term Investments1.7B406M354M1.3B2.2B2.3B
Net Receivables2.3B2.0B1.7B1.5B1.6B909.9M
Common Stock Shares Outstanding1.1B1.1B1.1B1.0B983.1M1.0B
Liabilities And Stockholders Equity64.7B59.4B58.0B45.6B34.0B24.7B
Non Current Liabilities Total44.0B41.6B39.0B30.3B30.1B15.3B
Other Current Assets3.1B630M9.4B2.4B722M1.4B
Other Stockholder Equity21.9B20.9B19.0B18.1B18.1B19.0B
Total Liab51.3B48.2B46.2B35.1B33.6B17.5B
Property Plant And Equipment Gross27.8B26.3B40.2B39.1B41.1B43.1B
Total Current Assets4.8B3.2B11.5B5.4B4.8B5.0B
Accumulated Other Comprehensive Income(2.7B)(2.8B)(2.2B)(1.1B)(810M)(850.5M)
Short Term Debt2.3B3.2B2.3B498M425M567.8M
Accounts Payable1.7B805M758M1.0B1.1B577.2M
Intangible Assets9.6B8.2B7.0B6.2B5.5B4.7B
Common Stock Total Equity1.1B1.1B1.0B1.0B1.2B1.2B
Common Stock1.1B1.1B1.0B1.0B1.0B561.3M
Other Liab10.3B12.2B11.6B8.8B10.2B5.5B
Other Assets958M2.8B2.6B832M956.8M921.3M
Long Term Debt32.4B29.4B27.4B20.4B19.8B16.5B
Good Will21.5B18.9B16.0B12.7B2.0B1.9B
Property Plant Equipment26.1B26.3B20.9B19.2B22.0B14.5B
Current Deferred Revenue804M753M617M596M647M523.9M
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 Surpluse21.9B20.9B19.0B18.1B20.8B19.8B
Deferred Long Term Liab11.6B12.2B11.6B9.9B11.4B10.6B
Long Term Debt Total32.4B29.4B27.4B20.4B23.5B27.5B

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

  0.67T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr
  0.83VEON VEONPairCorr

Moving against Lumen Stock

  0.77BCE BCE IncPairCorr
  0.69IHS IHS HoldingPairCorr
  0.69PHI PLDT Inc ADRPairCorr
  0.69RCI Rogers CommunicationsPairCorr
  0.67TLK Telkom Indonesia TbkPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Lumen Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lumen Technologies' 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 Lumen Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lumen Technologies Stock:
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 Valuation module to check real value of public entities based on technical and fundamental data.
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
(2.17)
Revenue Per Share
13.483
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0066
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.