| TSAT Stock | | | USD 13.16 0.81 6.56% |
Telesat Corp financial indicator trend analysis is much more than just breaking down Telesat Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telesat Corp is a good investment. Please check the relationship between Telesat Corp Long Term Debt and its Property Plant Equipment accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Telesat Stock please use our
How to Invest in Telesat Corp guide.
Long Term Debt vs Property Plant Equipment
Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telesat Corp Long Term Debt account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Telesat Corp's Long Term Debt and Property Plant Equipment is -0.59. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Telesat Corp, assuming nothing else is changed. The correlation between historical values of Telesat Corp's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Telesat Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Telesat Corp's Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Telesat Corp has held for over one year. Long-term debt appears on Telesat Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Telesat Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Property Plant Equipment
Most indicators from Telesat Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telesat Corp 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 Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Telesat Stock please use our
How to Invest in Telesat Corp guide.
Selling General Administrative is likely to gain to about 132.6
M in 2024, whereas
Tax Provision is likely to drop slightly above 50.3
M in 2024.
Telesat Corp fundamental ratios Correlations
Click cells to compare fundamentals
Telesat Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telesat Corp fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Telesat Stock Analysis
When running Telesat Corp's price analysis, check to
measure Telesat Corp'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 Telesat Corp is operating at the current time. Most of Telesat Corp's value examination focuses on studying past and present price action to
predict the probability of Telesat Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telesat Corp's price. Additionally, you may evaluate how the addition of Telesat Corp to your portfolios can decrease your overall portfolio volatility.