TIM Other Current Assets vs Total Current Liabilities Analysis

TIMB Stock  USD 12.90  0.78  5.70%   
TIM Participacoes financial indicator trend analysis is much more than just breaking down TIM Participacoes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TIM Participacoes is a good investment. Please check the relationship between TIM Participacoes Other Current Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TIM Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TIM Participacoes Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TIM Participacoes' Other Current Assets and Total Current Liabilities is 0.5. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of TIM Participacoes SA, assuming nothing else is changed. The correlation between historical values of TIM Participacoes' Other Current Assets 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 Other Current Assets of TIM Participacoes SA 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 Other Current Assets i.e., TIM Participacoes' Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on TIM Participacoes balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TIM Participacoes SA 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 TIM Participacoes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TIM Participacoes 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 TIM Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, TIM Participacoes' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.09, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit9.5B10.9B12.3B6.8B
Total Revenue18.1B21.5B23.8B13.2B

TIM Participacoes fundamental ratios Correlations

0.950.570.960.970.970.880.470.36-0.110.980.580.490.350.940.00.960.62-0.050.980.860.60.90.76-0.190.45
0.950.570.910.870.950.940.30.16-0.160.950.570.450.190.84-0.070.990.660.040.980.910.510.940.64-0.260.34
0.570.570.60.530.560.610.190.08-0.30.570.580.190.150.62-0.210.560.280.610.590.680.230.540.38-0.080.35
0.960.910.60.90.880.810.310.5-0.030.920.620.510.480.94-0.090.920.50.050.970.840.640.850.750.050.59
0.970.870.530.90.950.810.610.38-0.120.960.510.450.370.940.110.880.61-0.120.910.770.580.850.79-0.240.44
0.970.950.560.880.950.940.480.18-0.30.980.590.330.20.870.060.940.67-0.030.940.880.440.920.68-0.350.38
0.880.940.610.810.810.940.28-0.01-0.490.930.710.150.030.75-0.110.920.590.080.890.950.230.910.49-0.40.27
0.470.30.190.310.610.480.280.22-0.050.440.250.330.330.470.40.330.21-0.390.330.190.40.290.51-0.470.15
0.360.160.080.50.380.18-0.010.220.430.280.070.380.90.480.190.2-0.11-0.150.320.030.610.180.660.620.73
-0.11-0.16-0.3-0.03-0.12-0.3-0.49-0.050.43-0.26-0.570.690.41-0.040.15-0.12-0.05-0.15-0.09-0.420.65-0.220.210.50.09
0.980.950.570.920.960.980.930.440.28-0.260.610.340.260.890.010.950.6-0.060.960.880.460.910.7-0.270.38
0.580.570.580.620.510.590.710.250.07-0.570.61-0.070.150.59-0.350.580.070.090.60.730.010.530.2-0.210.35
0.490.450.190.510.450.330.150.330.380.690.34-0.070.370.51-0.070.490.490.00.50.270.940.30.640.10.3
0.350.190.150.480.370.20.030.330.90.410.260.150.370.470.370.21-0.21-0.150.320.030.620.210.610.570.75
0.940.840.620.940.940.870.750.470.48-0.040.890.590.510.47-0.10.850.570.10.90.760.650.810.82-0.010.63
0.0-0.07-0.21-0.090.110.06-0.110.40.190.150.01-0.35-0.070.37-0.1-0.08-0.21-0.48-0.09-0.260.060.020.05-0.04-0.02
0.960.990.560.920.880.940.920.330.2-0.120.950.580.490.210.85-0.080.63-0.010.990.90.540.910.65-0.240.33
0.620.660.280.50.610.670.590.21-0.11-0.050.60.070.49-0.210.57-0.210.630.250.590.580.460.620.57-0.330.2
-0.050.040.610.05-0.12-0.030.08-0.39-0.15-0.15-0.060.090.0-0.150.1-0.48-0.010.250.010.2-0.010.040.030.260.3
0.980.980.590.970.910.940.890.330.32-0.090.960.60.50.320.9-0.090.990.590.010.90.590.90.7-0.130.44
0.860.910.680.840.770.880.950.190.03-0.420.880.730.270.030.76-0.260.90.580.20.90.30.810.48-0.290.34
0.60.510.230.640.580.440.230.40.610.650.460.010.940.620.650.060.540.46-0.010.590.30.420.820.230.55
0.90.940.540.850.850.920.910.290.18-0.220.910.530.30.210.810.020.910.620.040.90.810.420.63-0.260.35
0.760.640.380.750.790.680.490.510.660.210.70.20.640.610.820.050.650.570.030.70.480.820.630.080.68
-0.19-0.26-0.080.05-0.24-0.35-0.4-0.470.620.5-0.27-0.210.10.57-0.01-0.04-0.24-0.330.26-0.13-0.290.23-0.260.080.51
0.450.340.350.590.440.380.270.150.730.090.380.350.30.750.63-0.020.330.20.30.440.340.550.350.680.51
Click cells to compare fundamentals

TIM Participacoes Account Relationship Matchups

TIM Participacoes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.3B41.7B49.8B56.4B55.3B58.0B
Short Long Term Debt Total9.8B10.7B12.9B17.8B16.0B16.8B
Other Current Liab1.7B1.2B3.7B3.0B4.9B5.2B
Total Current Liabilities8.1B8.3B10.6B13.1B12.9B13.5B
Total Stockholder Equity22.4B23.2B25.1B25.4B26.0B27.3B
Property Plant And Equipment Net17.6B18.1B18.3B22.7B22.4B23.5B
Net Debt7.5B8.1B7.7B15.3B16.0B16.8B
Retained Earnings12.2B9.3B11.2B600M10.8B6.5B
Accounts Payable3.9B3.1B3.3B4.2B4.6B2.8B
Cash2.3B2.6B5.2B2.5B37.0M35.2M
Non Current Assets Total31.9B31.2B34.4B46.0B43.9B46.0B
Non Currrent Assets Other1.1B824.8M737.7M1.4B13.8B14.5B
Cash And Short Term Investments2.9B4.6B9.8B4.7B5.0B3.2B
Net Receivables5.0B3.1B3.1B3.5B5.2B3.1B
Common Stock Shares Outstanding2.4B405.5M405.5M405.4M2.4M2.3M
Liabilities And Stockholders Equity40.3B41.7B49.8B56.4B55.3B58.0B
Non Current Liabilities Total9.8B10.2B14.1B17.9B16.4B17.2B
Other Current Assets80.8M2.5B2.3B1.9B858.3M901.2M
Other Stockholder Equity(12.2B)(4.8M)(4.9M)(163K)(3.0M)(3.1M)
Total Liab17.9B18.5B24.7B31.0B29.2B30.7B
Property Plant And Equipment Gross17.6B18.1B49.2B65.5B70.3B73.9B
Total Current Assets8.5B10.4B15.4B10.4B11.4B7.1B
Accumulated Other Comprehensive Income12.6B9.7B11.6B11.9B1.8B2.6B
Short Term Debt2.3B2.7B1.8B3.5B3.1B3.2B
Current Deferred Revenue281.9M266.4M197.2M1.0B279.4M438.0M
Other Assets3.9B4.5B4.1B(1M)(1.2M)(1.1M)
Inventory203.3M246.6M202.6M236.1M331.8M210.4M
Short Term Investments654.5M2.1B4.6B2.2B5.0B5.2B
Intangible Assets8.1B7.5B10.1B13.3B12.4B7.0B
Other Liab2.1B2.2B3.0B3.6B4.2B2.1B
Net Tangible Assets12.8B14.2B14.6B9.1B10.5B9.7B
Long Term Debt644.9M655.6M3.3B3.7B2.5B2.1B
Capital Lease Obligations7.8B8.4B9.1B12.8B12.3B7.7B
Long Term Investments3.8M7.1M1.6B1.6B1.7B1.8B
Short Long Term Debt1.4B1.7B538.5M1.3B1.3B1.3B
Non Current Liabilities Other69.0M62.8M62.0M598M244.6M159.1M

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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.
When determining whether TIM Participacoes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TIM Participacoes' 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 Tim Participacoes Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tim Participacoes Sa Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TIM Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 TIM Participacoes. If investors know TIM 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 TIM Participacoes 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
0.067
Dividend Share
0.271
Earnings Share
1.1
Revenue Per Share
51.84
Quarterly Revenue Growth
0.06
The market value of TIM Participacoes is measured differently than its book value, which is the value of TIM that is recorded on the company's balance sheet. Investors also form their own opinion of TIM Participacoes' value that differs from its market value or its book value, called intrinsic value, which is TIM Participacoes' 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 TIM Participacoes' market value can be influenced by many factors that don't directly affect TIM Participacoes' 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 TIM Participacoes' value and its price as these two are different measures arrived at by different means. Investors typically determine if TIM Participacoes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TIM Participacoes' 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.