Technology Retained Earnings vs Other Current Liab Analysis
TETEW Stock | USD 0.01 0.01 71.43% |
Technology Telecommunicatio financial indicator trend analysis is much more than just breaking down Technology Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Telecommunicatio is a good investment. Please check the relationship between Technology Telecommunicatio Retained Earnings and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Retained Earnings vs Other Current Liab
Retained Earnings vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Telecommunicatio Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Technology Telecommunicatio's Retained Earnings and Other Current Liab is -0.97. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Technology Telecommunication Acquisition, assuming nothing else is changed. The correlation between historical values of Technology Telecommunicatio's Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Technology Telecommunication Acquisition are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., Technology Telecommunicatio's Retained Earnings and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Other Current Liab
Most indicators from Technology Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Telecommunicatio 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 Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Technology Telecommunicatio's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 953.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 400.8 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 501.0K | 1.8M | 2.1M | 2.2M | Depreciation And Amortization | 2.7M | 2.0M | 2.3M | 1.7M |
Technology Telecommunicatio fundamental ratios Correlations
Click cells to compare fundamentals
Technology Telecommunicatio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Technology Stock Analysis
When running Technology Telecommunicatio's price analysis, check to measure Technology Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Technology Telecommunicatio is operating at the current time. Most of Technology Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Technology Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technology Telecommunicatio's price. Additionally, you may evaluate how the addition of Technology Telecommunicatio to your portfolios can decrease your overall portfolio volatility.