ATT Total Assets vs Accounts Payable Analysis

T Stock  USD 23.16  0.11  0.47%   
ATT financial indicator trend analysis is way more than just evaluating ATT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATT Inc is a good investment. Please check the relationship between ATT Total Assets and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

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 ATT Inc Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ATT's Total Assets and Accounts Payable is 0.89. 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 ATT Inc, assuming nothing else is changed. The correlation between historical values of ATT's 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 ATT Inc 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., ATT's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of ATT 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 ATT Inc 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 ATT 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 ATT Inc 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 ATT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATT Inc 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 ATT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to drop to about 28.5 B in 2024. Discontinued Operations is likely to drop to about (171 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit73.6B69.9B72.3B45.7B
Total Revenue134.0B120.7B122.4B82.6B

ATT fundamental ratios Correlations

0.870.530.90.960.910.850.580.380.97-0.320.380.830.890.880.540.470.830.910.660.50.830.890.850.820.82
0.870.580.840.80.750.980.310.410.83-0.280.410.640.770.960.470.50.940.980.640.490.950.730.690.710.72
0.530.580.770.430.40.530.140.410.34-0.650.410.110.450.440.610.90.50.540.90.630.320.130.140.330.33
0.90.840.770.840.750.760.520.620.78-0.430.620.60.770.760.50.720.730.840.90.80.680.650.590.660.66
0.960.80.430.840.810.770.750.380.94-0.220.380.920.810.820.460.410.770.840.620.490.770.890.890.740.74
0.910.750.40.750.810.750.340.250.92-0.320.250.680.980.830.660.310.770.830.470.320.750.840.830.950.95
0.850.980.530.760.770.750.230.20.82-0.290.20.640.770.970.510.480.970.970.560.320.960.760.70.730.73
0.580.310.140.520.750.340.230.430.550.060.430.790.30.330.010.210.20.370.450.490.280.550.630.260.26
0.380.410.410.620.380.250.20.430.28-0.021.00.230.240.26-0.010.240.170.360.550.890.210.120.160.180.17
0.970.830.340.780.940.920.820.550.28-0.220.280.870.890.880.50.270.810.880.460.340.850.950.910.840.84
-0.32-0.28-0.65-0.43-0.22-0.32-0.290.06-0.02-0.22-0.020.03-0.35-0.19-0.55-0.57-0.31-0.25-0.5-0.22-0.1-0.15-0.07-0.15-0.15
0.380.410.410.620.380.250.20.431.00.28-0.020.230.240.26-0.020.240.170.360.550.890.210.120.160.180.17
0.830.640.110.60.920.680.640.790.230.870.030.230.660.740.310.120.640.720.340.280.720.890.940.640.64
0.890.770.450.770.810.980.770.30.240.89-0.350.240.660.820.720.370.820.830.510.340.740.810.790.960.96
0.880.960.440.760.820.830.970.330.260.88-0.190.260.740.820.50.380.940.990.50.330.970.820.820.810.81
0.540.470.610.50.460.660.510.01-0.010.5-0.55-0.020.310.720.50.440.60.520.440.090.380.350.480.680.68
0.470.50.90.720.410.310.480.210.240.27-0.570.240.120.370.380.440.440.480.920.580.270.160.080.280.28
0.830.940.50.730.770.770.970.20.170.81-0.310.170.640.820.940.60.440.930.510.270.940.750.710.760.77
0.910.980.540.840.840.830.970.370.360.88-0.250.360.720.830.990.520.480.930.620.460.950.790.780.790.8
0.660.640.90.90.620.470.560.450.550.46-0.50.550.340.510.50.440.920.510.620.810.390.330.280.40.4
0.50.490.630.80.490.320.320.490.890.34-0.220.890.280.340.330.090.580.270.460.810.260.210.160.230.23
0.830.950.320.680.770.750.960.280.210.85-0.10.210.720.740.970.380.270.940.950.390.260.820.770.720.73
0.890.730.130.650.890.840.760.550.120.95-0.150.120.890.810.820.350.160.750.790.330.210.820.90.770.77
0.850.690.140.590.890.830.70.630.160.91-0.070.160.940.790.820.480.080.710.780.280.160.770.90.790.79
0.820.710.330.660.740.950.730.260.180.84-0.150.180.640.960.810.680.280.760.790.40.230.720.770.791.0
0.820.720.330.660.740.950.730.260.170.84-0.150.170.640.960.810.680.280.770.80.40.230.730.770.791.0
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ATT Account Relationship Matchups

ATT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets552.0B525.8B551.6B402.9B407.1B219.0B
Short Long Term Debt Total185.0B179.4B195.8B154.7B154.9B162.6B
Other Current Liab5.0B20.7B42.0B12.8B9.5B7.8B
Total Current Liabilities68.6B63.4B106.2B56.2B51.1B31.9B
Total Stockholder Equity184.2B161.7B166.3B97.5B103.3B72.6B
Property Plant And Equipment Net154.4B152.0B143.5B149.3B149.4B78.7B
Net Debt172.8B169.7B176.6B151.0B148.2B155.6B
Retained Earnings57.9B37.5B42.4B(19.4B)(5.0B)(4.8B)
Cash12.1B9.7B19.2B3.7B6.7B4.7B
Non Current Assets Total497.1B473.8B380.9B369.7B370.6B193.0B
Non Currrent Assets Other(24.3B)(22.1B)(46.0B)(37.4B)19.6B20.6B
Cash And Short Term Investments12.1B9.7B19.2B3.7B6.7B4.8B
Net Receivables22.7B20.2B14.9B11.5B10.3B10.9B
Common Stock Shares Outstanding7.3B7.2B7.5B7.6B7.3B4.5B
Liabilities And Stockholders Equity552.0B525.8B551.6B402.9B407.1B219.0B
Non Current Liabilities Total281.4B283.1B261.5B240.2B236.5B248.3B
Inventory1.6B3.7B3.3B3.1B2.2B1.7B
Other Current Assets18.4B18.4B133.3B14.8B17.3B18.1B
Other Stockholder Equity113.2B112.3B112.8B106.5B98.4B103.3B
Total Liab350.0B346.5B367.8B296.4B287.6B302.0B
Total Current Assets54.8B52.0B170.8B33.1B36.5B25.9B
Short Term Debt11.4B3.7B32.1B7.6B3.3B3.1B
Intangible Assets157.6B146.3B119.2B129.4B132.5B139.1B
Accounts Payable46.0B31.8B27.3B31.1B27.3B15.8B
Current Deferred Revenue6.2B6.2B4.0B3.9B3.8B3.4B
Accumulated Other Comprehensive Income5.5B4.3B3.5B2.8B2.3B2.4B
Property Plant And Equipment Gross154.2B152.0B150.1B149.3B360.8B378.8B
Good Will146.2B135.3B92.7B67.9B67.9B69.3B
Short Term Investments54M29M1.1B38M80M76M
Other Liab104.4B107.1B108.1B86.6B99.6B63.5B
Other Assets33.8B38.4B41.6B19.6B19.6B19.0B
Long Term Debt149.4B153.8B152.8B128.4B127.9B88.0B
Treasury Stock(13.1B)(17.9B)(17.3B)(17.1B)(15.4B)(16.1B)
Property Plant Equipment130.1B14.8B150.1B149.3B171.6B104.8B
Net Tangible Assets(80.7B)(119.9B)(126.4B)(99.8B)(89.9B)(94.3B)
Noncontrolling Interest In Consolidated Entity17.7B17.6B17.5B9.0B10.3B6.5B
Retained Earnings Total Equity57.9B37.5B42.4B(19.4B)(22.3B)(21.2B)
Long Term Debt Total151.3B153.8B152.8B128.4B147.7B126.6B

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