SKM Accounts Payable vs Total Current Liabilities Analysis

SKM Stock  USD 24.27  1.02  4.39%   
SK Telecom financial indicator trend analysis is much more than just breaking down SK Telecom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SK Telecom is a good investment. Please check the relationship between SK Telecom Accounts Payable and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SK Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SK Telecom Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SK Telecom's Accounts Payable and Total Current Liabilities is -0.18. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of SK Telecom Co, assuming nothing else is changed. The correlation between historical values of SK Telecom's Accounts Payable and Total Current Liabilities 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 SK Telecom Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., SK Telecom's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents SK Telecom 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 SK Telecom 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.

Total Current Liabilities

Total Current Liabilities is an item on SK Telecom balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SK Telecom Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from SK Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SK Telecom 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SK Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, SK Telecom's Enterprise Value is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Total Revenue16.7T17.3T17.6T14.5T
Depreciation And Amortization3.7T3.6T3.8T2.0T

SK Telecom fundamental ratios Correlations

0.870.890.890.940.820.850.88-0.060.631.00.70.880.78-0.430.690.930.550.220.070.950.970.250.930.360.75
0.870.80.920.650.940.990.96-0.290.650.850.870.690.58-0.70.380.970.430.58-0.360.980.940.60.79-0.080.78
0.890.80.90.790.850.770.84-0.230.720.880.580.720.78-0.320.40.830.740.060.020.880.880.350.850.290.56
0.890.920.90.720.940.880.93-0.180.780.870.710.760.74-0.520.360.870.550.39-0.210.940.940.610.840.130.64
0.940.650.790.720.610.630.680.130.50.950.480.880.8-0.190.810.770.53-0.050.350.780.83-0.040.870.620.62
0.820.940.850.940.610.930.93-0.340.660.80.690.590.7-0.540.240.870.590.49-0.350.920.880.610.730.010.57
0.850.990.770.880.630.930.95-0.30.560.830.860.640.56-0.70.390.960.410.59-0.370.960.920.560.76-0.10.78
0.880.960.840.930.680.930.95-0.150.70.860.820.710.62-0.570.380.940.480.49-0.350.960.930.570.84-0.030.76
-0.06-0.29-0.23-0.180.13-0.34-0.3-0.15-0.15-0.04-0.310.09-0.130.30.37-0.23-0.41-0.320.39-0.22-0.17-0.390.00.36-0.19
0.630.650.720.780.50.660.560.7-0.150.610.550.750.51-0.420.140.610.360.26-0.150.690.720.590.640.030.49
1.00.850.880.870.950.80.830.86-0.040.610.670.880.79-0.40.710.920.550.190.10.930.960.210.930.40.74
0.70.870.580.710.480.690.860.82-0.310.550.670.590.33-0.770.290.870.160.63-0.450.840.80.550.71-0.330.9
0.880.690.720.760.880.590.640.710.090.750.880.590.67-0.360.710.770.360.190.160.790.860.20.850.420.72
0.780.580.780.740.80.70.560.62-0.130.510.790.330.67-0.10.380.60.70.080.050.660.740.140.740.620.4
-0.43-0.7-0.32-0.52-0.19-0.54-0.7-0.570.3-0.42-0.4-0.77-0.36-0.1-0.05-0.630.2-0.740.49-0.61-0.57-0.62-0.30.37-0.66
0.690.380.40.360.810.240.390.380.370.140.710.290.710.38-0.050.550.23-0.140.560.510.54-0.320.60.520.47
0.930.970.830.870.770.870.960.94-0.230.610.920.870.770.6-0.630.550.450.45-0.190.990.970.40.870.030.85
0.550.430.740.550.530.590.410.48-0.410.360.550.160.360.70.20.230.45-0.190.120.50.50.060.520.340.15
0.220.580.060.39-0.050.490.590.49-0.320.260.190.630.190.08-0.74-0.140.45-0.19-0.830.440.410.680.19-0.490.53
0.07-0.360.02-0.210.35-0.35-0.37-0.350.39-0.150.1-0.450.160.050.490.56-0.190.12-0.83-0.2-0.15-0.7-0.020.64-0.3
0.950.980.880.940.780.920.960.96-0.220.690.930.840.790.66-0.610.510.990.50.44-0.20.980.480.880.060.8
0.970.940.880.940.830.880.920.93-0.170.720.960.80.860.74-0.570.540.970.50.41-0.150.980.440.920.190.81
0.250.60.350.61-0.040.610.560.57-0.390.590.210.550.20.14-0.62-0.320.40.060.68-0.70.480.440.24-0.490.38
0.930.790.850.840.870.730.760.840.00.640.930.710.850.74-0.30.60.870.520.19-0.020.880.920.240.320.78
0.36-0.080.290.130.620.01-0.1-0.030.360.030.4-0.330.420.620.370.520.030.34-0.490.640.060.19-0.490.32-0.07
0.750.780.560.640.620.570.780.76-0.190.490.740.90.720.4-0.660.470.850.150.53-0.30.80.810.380.78-0.07
Click cells to compare fundamentals

SK Telecom Account Relationship Matchups

SK Telecom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.6T47.9T30.9T31.3T30.1T25.0T
Short Long Term Debt Total11.0T12.2T10.4T11.1T10.7T7.0T
Other Current Liab5.8T4.5T3.8T4.4T4.6T2.6T
Total Current Liabilities7.8T8.2T7.0T8.0T7.0T5.2T
Total Stockholder Equity23.0T23.7T11.6T11.3T11.0T12.5T
Property Plant And Equipment Net12.3T13.4T12.9T13.3T13.0T9.0T
Net Debt9.7T10.8T9.5T9.2T9.2T6.0T
Retained Earnings22.2T23.0T22.4T22.5T22.8T13.1T
Accounts Payable438.3B372.9B190.6B89.3B139.9B132.9B
Cash1.3T1.4T872.7B1.9T1.5T937.2B
Non Current Assets Total36.5T39.1T24.6T24.1T23.5T20.3T
Non Currrent Assets Other2.0T1.9T1.8T2.1T1.4T1.2T
Cash And Short Term Investments2.3T2.9T1.4T2.1T1.7T1.8T
Net Receivables3.3T3.4T2.6T2.6T2.5T3.4T
Common Stock Shares Outstanding218.8M221.1M332.9M218.1M217.5M300.3M
Short Term Investments997.3B1.6T513.7B237.2B294.9B280.2B
Liabilities And Stockholders Equity44.6T47.9T30.9T31.3T30.1T26.0T
Non Current Liabilities Total14.0T15.3T11.6T11.1T11.3T7.2T
Inventory162.9B171.4B204.6B166.4B179.8B125.5B
Other Current Assets220.7B2.3T2.2T2.3T2.2T2.3T
Other Stockholder Equity1.0T677.2B(13.9T)(11.6T)(12.9T)(12.3T)
Total Liab21.8T23.5T18.6T19.2T18.3T12.2T
Total Current Assets8.1T8.8T6.4T7.2T6.6T5.7T
Accumulated Other Comprehensive Income(329.6B)40.1B735.2B391.2B1.1T1.2T
Short Term Debt1.3T1.4T1.8T2.5T2.0T1.4T
Intangible Assets4.9T4.4T3.9T3.3T2.9T3.1T
Other Liab4.4T4.5T3.0T2.5T2.9T3.0T
Other Assets2.1T2.0T1.8T1.6T30.1T31.6T
Long Term Debt9.2T9.7T7.4T7.2T7.4T7.8T
Treasury Stock(2.0T)(1.7T)(2.1T)(57.3B)(51.6B)(54.2B)
Property Plant Equipment12.9T13.4T12.9T13.3T15.3T16.1T
Current Deferred Revenue191.2B229.9B166.4B172.3B155.6B251.6B
Property Plant And Equipment Gross12.3T13.4T44.1T46.2T46.7T49.1T
Good Will2.9T3.4T2.1T2.1T2.4T2.1T
Deferred Long Term Liab1.2T992.3B977.4B996.5B1.1T1.2T
Long Term Investments14.2T16.0T3.9T3.3T3.6T3.4T
Short Long Term Debt1.0T1.0T1.4T2.1T1.6T1.3T
Net Tangible Assets15.1T16.0T5.6T5.9T6.8T9.7T

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When determining whether SK Telecom is a strong investment it is important to analyze SK Telecom's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SK Telecom's future performance. For an informed investment choice regarding SKM Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SK Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Wireless 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 SK Telecom. If investors know SKM 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 SK Telecom 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
(0.08)
Dividend Share
3.5 K
Earnings Share
1.97
Revenue Per Share
46.3 K
Quarterly Revenue Growth
0.029
The market value of SK Telecom is measured differently than its book value, which is the value of SKM that is recorded on the company's balance sheet. Investors also form their own opinion of SK Telecom's value that differs from its market value or its book value, called intrinsic value, which is SK Telecom'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 SK Telecom's market value can be influenced by many factors that don't directly affect SK Telecom'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 SK Telecom's value and its price as these two are different measures arrived at by different means. Investors typically determine if SK Telecom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SK Telecom'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.