ATT Gross Profit vs Interest Income Analysis
TBB Stock | USD 23.83 0.10 0.42% |
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 Gross Profit and its Interest Income 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.
Gross Profit vs Interest Income
Gross Profit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATT Inc Gross Profit account and Interest Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between ATT's Gross Profit and Interest Income is 0.39. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income 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 Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of ATT Inc are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., ATT's Gross Profit and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of ATT Inc minus its cost of goods sold. It is profit before ATT operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.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 Expense | 6.9B | 6.1B | 6.7B | 7.0B | Depreciation And Amortization | 17.9B | 18.0B | 18.8B | 13.2B |
ATT fundamental ratios Correlations
Click cells to compare fundamentals
ATT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATT fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 552.0B | 525.8B | 551.6B | 402.9B | 407.1B | 219.0B | |
Short Long Term Debt Total | 185.0B | 179.4B | 200.0B | 154.7B | 158.4B | 166.3B | |
Other Current Liab | 5.0B | 20.7B | 49.0B | 12.8B | 9.2B | 8.0B | |
Total Current Liabilities | 68.6B | 63.4B | 85.6B | 56.2B | 51.1B | 31.3B | |
Total Stockholder Equity | 184.2B | 161.7B | 166.3B | 97.5B | 103.3B | 72.6B | |
Property Plant And Equipment Net | 154.4B | 152.0B | 150.1B | 149.3B | 149.4B | 78.9B | |
Net Debt | 172.8B | 169.7B | 178.8B | 151.0B | 148.2B | 155.6B | |
Retained Earnings | 57.9B | 37.5B | 42.4B | (19.4B) | (5.0B) | (4.8B) | |
Cash | 12.1B | 9.7B | 21.2B | 3.7B | 6.7B | 4.8B | |
Non Current Assets Total | 497.1B | 473.8B | 491.6B | 369.7B | 370.6B | 196.2B | |
Non Currrent Assets Other | (24.3B) | (22.1B) | (23.7B) | (37.4B) | 19.6B | 20.6B | |
Cash And Short Term Investments | 12.1B | 9.7B | 21.2B | 3.7B | 6.7B | 4.8B | |
Net Receivables | 22.7B | 20.2B | 14.9B | 11.5B | 10.3B | 10.9B | |
Common Stock Shares Outstanding | 7.3B | 7.2B | 7.5B | 7.2B | 7.3B | 4.5B | |
Liabilities And Stockholders Equity | 552.0B | 525.8B | 551.6B | 402.9B | 407.1B | 219.0B | |
Non Current Liabilities Total | 281.4B | 283.1B | 282.2B | 240.2B | 236.5B | 248.3B | |
Inventory | 1.6B | 1.8B | 3.5B | 3.1B | 2.2B | 1.6B | |
Other Current Assets | 18.4B | 18.4B | 133.3B | 14.8B | 17.3B | 18.1B | |
Other Stockholder Equity | 113.2B | 112.3B | 112.8B | 106.5B | 98.4B | 103.3B | |
Total Liab | 350.0B | 346.5B | 367.8B | 296.4B | 287.6B | 302.0B | |
Total Current Assets | 54.8B | 52.0B | 60.0B | 33.1B | 36.5B | 22.8B | |
Short Term Debt | 11.4B | 3.7B | 28.5B | 7.6B | 12.5B | 7.0B | |
Intangible Assets | 157.6B | 146.3B | 159.5B | 129.4B | 132.5B | 139.1B | |
Accounts Payable | 46.0B | 31.8B | 27.3B | 31.1B | 24.8B | 15.7B | |
Current Deferred Revenue | 6.2B | 6.2B | 5.3B | 3.9B | 3.7B | 3.5B | |
Accumulated Other Comprehensive Income | 5.5B | 4.3B | 3.5B | 2.8B | 2.3B | 2.4B | |
Good Will | 146.2B | 135.3B | 133.2B | 67.9B | 67.9B | 71.0B | |
Short Term Investments | 54M | 29M | 1.1B | 38M | 80M | 76M | |
Net Tangible Assets | (80.7B) | (119.9B) | (126.4B) | (99.8B) | (89.9B) | (94.3B) | |
Noncontrolling Interest In Consolidated Entity | 17.7B | 17.6B | 17.5B | 9.0B | 10.3B | 7.6B | |
Retained Earnings Total Equity | 57.9B | 37.5B | 42.4B | (19.4B) | (17.5B) | (16.6B) | |
Long Term Debt Total | 151.3B | 153.8B | 152.8B | 128.4B | 147.7B | 132.2B | |
Capital Surpluse | 126.3B | 130.2B | 130.1B | 123.6B | 142.2B | 117.8B | |
Deferred Long Term Liab | 129.5B | 129.3B | 129.5B | 111.8B | 128.6B | 118.6B | |
Long Term Investments | 3.7B | 1.8B | 7.3B | 3.5B | 1.3B | 1.2B | |
Treasury Stock | (13.1B) | (17.9B) | (17.3B) | (17.1B) | (19.6B) | (20.6B) | |
Property Plant Equipment | 130.1B | 14.8B | 150.1B | 149.3B | 171.6B | 128.4B | |
Other Assets | 35.2B | 38.4B | 41.6B | 18.5B | 19.6B | 27.5B |
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.