ATT Depreciation vs Other Non Cash Items Analysis

TBB Stock  USD 23.60  0.23  0.97%   
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 Depreciation and its Other Non Cash Items 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 bureau of labor statistics.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATT Inc Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ATT's Depreciation and Other Non Cash Items is 0.19. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items 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 Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of ATT Inc are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., ATT's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of ATT Inc value has been used up. For tax purposes ATT can deduct the cost of the tangible assets it purchases as business expenses. However, ATT Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

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 bureau of labor statistics.
At present, ATT's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 7.5 B, whereas Tax Provision is forecasted to decline to about 3.7 B.
 2021 2022 2023 2024 (projected)
Interest Expense6.9B6.1B6.7B7.0B
Depreciation And Amortization17.9B18.0B18.8B13.2B

ATT fundamental ratios Correlations

0.860.50.930.960.910.850.580.391.0-0.270.390.830.90.890.450.470.830.910.860.50.870.890.910.820.93
0.860.560.870.790.760.980.30.410.85-0.220.410.630.760.960.40.510.940.980.790.550.980.710.750.710.8
0.50.560.640.420.410.510.150.420.49-0.480.420.10.430.460.550.930.470.510.520.590.470.120.330.310.41
0.930.870.640.880.820.790.550.660.91-0.260.660.680.820.830.450.570.750.880.960.760.810.730.770.710.84
0.960.790.420.880.820.770.750.390.95-0.160.390.920.830.830.380.410.770.840.840.460.810.890.940.740.98
0.910.760.410.820.820.760.350.270.92-0.330.270.680.980.830.620.350.770.830.70.370.760.820.850.950.76
0.850.980.510.790.770.760.240.220.85-0.250.220.640.770.970.430.490.970.970.670.380.990.750.760.730.79
0.580.30.150.550.750.350.240.440.560.120.440.790.340.34-0.060.210.20.370.650.390.310.580.670.260.76
0.390.410.420.660.390.270.220.440.330.021.00.230.260.280.010.270.180.370.80.920.260.120.220.180.35
1.00.850.490.910.950.920.850.560.33-0.280.330.830.910.90.470.460.840.90.810.440.870.90.920.830.93
-0.27-0.22-0.48-0.26-0.16-0.33-0.250.120.02-0.280.020.04-0.29-0.18-0.4-0.37-0.27-0.19-0.110.02-0.16-0.18-0.18-0.13-0.14
0.390.410.420.660.390.270.220.441.00.330.020.230.260.280.010.270.180.370.80.920.260.120.220.180.35
0.830.630.10.680.920.680.640.790.230.830.040.230.680.730.20.120.640.720.690.230.690.90.920.640.93
0.90.760.430.820.830.980.770.340.260.91-0.290.260.680.830.690.380.820.830.690.380.770.80.840.960.77
0.890.960.460.830.830.830.970.340.280.9-0.180.280.730.830.440.440.940.990.730.410.980.80.850.810.86
0.450.40.550.450.380.620.43-0.060.010.47-0.40.010.20.690.440.550.520.440.240.210.390.310.430.680.3
0.470.510.930.570.410.350.490.210.270.46-0.370.270.120.380.440.550.440.480.420.530.470.160.320.280.42
0.830.940.470.750.770.770.970.20.180.84-0.270.180.640.820.940.520.440.930.630.320.960.740.760.760.77
0.910.980.510.880.840.830.970.370.370.9-0.190.370.720.830.990.440.480.930.790.490.980.790.840.790.87
0.860.790.520.960.840.70.670.650.80.81-0.110.80.690.690.730.240.420.630.790.820.710.650.710.590.81
0.50.550.590.760.460.370.380.390.920.440.020.920.230.380.410.210.530.320.490.820.420.20.260.290.42
0.870.980.470.810.810.760.990.310.260.87-0.160.260.690.770.980.390.470.960.980.710.420.780.780.730.83
0.890.710.120.730.890.820.750.580.120.9-0.180.120.90.80.80.310.160.740.790.650.20.780.890.750.88
0.910.750.330.770.940.850.760.670.220.92-0.180.220.920.840.850.430.320.760.840.710.260.780.890.810.95
0.820.710.310.710.740.950.730.260.180.83-0.130.180.640.960.810.680.280.760.790.590.290.730.750.810.69
0.930.80.410.840.980.760.790.760.350.93-0.140.350.930.770.860.30.420.770.870.810.420.830.880.950.69
Click cells to compare fundamentals

ATT Account Relationship Matchups

ATT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets552.0B525.8B551.6B402.9B407.1B219.0B
Short Long Term Debt Total185.0B179.4B200.0B154.7B158.4B166.3B
Other Current Liab5.0B20.7B49.0B12.8B9.2B8.0B
Total Current Liabilities68.6B63.4B85.6B56.2B51.1B31.3B
Total Stockholder Equity184.2B161.7B166.3B97.5B103.3B72.6B
Property Plant And Equipment Net154.4B152.0B150.1B149.3B149.4B78.9B
Net Debt172.8B169.7B178.8B151.0B148.2B155.6B
Retained Earnings57.9B37.5B42.4B(19.4B)(5.0B)(4.8B)
Cash12.1B9.7B21.2B3.7B6.7B4.8B
Non Current Assets Total497.1B473.8B491.6B369.7B370.6B196.2B
Non Currrent Assets Other(24.3B)(22.1B)(23.7B)(37.4B)19.6B20.6B
Cash And Short Term Investments12.1B9.7B21.2B3.7B6.7B4.8B
Net Receivables22.7B20.2B14.9B11.5B10.3B10.9B
Common Stock Shares Outstanding7.3B7.2B7.5B7.2B7.3B4.5B
Liabilities And Stockholders Equity552.0B525.8B551.6B402.9B407.1B219.0B
Non Current Liabilities Total281.4B283.1B282.2B240.2B236.5B248.3B
Inventory1.6B1.8B3.5B3.1B2.2B1.6B
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 Assets54.8B52.0B60.0B33.1B36.5B22.8B
Short Term Debt11.4B3.7B28.5B7.6B12.5B7.0B
Intangible Assets157.6B146.3B159.5B129.4B132.5B139.1B
Accounts Payable46.0B31.8B27.3B31.1B24.8B15.7B
Current Deferred Revenue6.2B6.2B5.3B3.9B3.7B3.5B
Accumulated Other Comprehensive Income5.5B4.3B3.5B2.8B2.3B2.4B
Good Will146.2B135.3B133.2B67.9B67.9B71.0B
Short Term Investments54M29M1.1B38M80M76M
Net Tangible Assets(80.7B)(119.9B)(126.4B)(99.8B)(89.9B)(94.3B)
Noncontrolling Interest In Consolidated Entity17.7B17.6B17.5B9.0B10.3B7.6B
Retained Earnings Total Equity57.9B37.5B42.4B(19.4B)(17.5B)(16.6B)
Long Term Debt Total151.3B153.8B152.8B128.4B147.7B132.2B
Capital Surpluse126.3B130.2B130.1B123.6B142.2B117.8B
Deferred Long Term Liab129.5B129.3B129.5B111.8B128.6B118.6B
Long Term Investments3.7B1.8B7.3B3.5B1.3B1.2B
Treasury Stock(13.1B)(17.9B)(17.3B)(17.1B)(19.6B)(20.6B)
Property Plant Equipment130.1B14.8B150.1B149.3B171.6B128.4B
Other Assets35.2B38.4B41.6B18.5B19.6B27.5B

Also Currently Popular

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 ATT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATT'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 Att Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Att Inc Stock:
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 bureau of labor statistics.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 ATT. If investors know ATT 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 ATT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.99
Return On Equity
0.1212
The market value of ATT Inc is measured differently than its book value, which is the value of ATT that is recorded on the company's balance sheet. Investors also form their own opinion of ATT's value that differs from its market value or its book value, called intrinsic value, which is ATT'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 ATT's market value can be influenced by many factors that don't directly affect ATT'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 ATT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATT'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.