Telesat Net Income vs Tax Provision Analysis

TSAT Stock

USD 21.49 1.28 5.62%

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 Net Income and its Tax Provision 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.

Net Income vs Tax Provision

Net Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telesat Corp Net Income account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Telesat Corp's Net Income and Tax Provision is -0.45. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision 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 Net Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Telesat Corp are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income i.e., Telesat Corp's Net Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Telesat Corp financial statement analysis. It represents the amount of money remaining after all of Telesat Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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.Tax Provision is likely to gain to about 108.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 132.6 M in 2025.

	2022	2023	2024	2025 (projected)
EBIT	191.6M	943.8M	1.1B	1.1B
Other Operating Expenses	462.7M	135.3M	155.6M	298.8M

Ebit Other Operating Expenses

Telesat Corp fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will
Other Current Liab		0.11	-0.3	-0.49	-0.52	-0.85	0.27	-0.24	0.29	0.39	0.31	-0.43	0.25	0.1	-0.1	0.36	-0.13	-0.46	-0.25	0.04	-0.36	0.43	-0.22	0.4	0.38	-0.18
Total Current Liabilities	0.11		0.41	0.16	0.1	0.01	-0.35	0.46	0.24	-0.11	-0.61	0.3	-0.27	0.18	0.3	-0.54	0.78	0.17	0.72	0.8	0.51	-0.36	0.76	-0.33	-0.43	0.66
Other Liab	-0.3	0.41		0.78	0.78	-0.04	-0.88	0.25	-0.39	-0.94	-0.83	0.95	-0.96	0.82	0.89	-0.82	0.67	0.87	0.83	0.36	0.97	-0.98	0.73	-0.89	-0.9	0.54
Net Tangible Assets	-0.49	0.16	0.78		0.97	0.2	-0.47	0.07	-0.45	-0.8	-0.77	0.81	-0.8	0.73	0.52	-0.76	0.28	0.97	0.52	0.38	0.73	-0.85	0.5	-0.92	-0.89	0.37
Retained Earnings	-0.52	0.1	0.78	0.97		0.18	-0.48	0.06	-0.47	-0.82	-0.75	0.81	-0.84	0.75	0.52	-0.82	0.24	0.98	0.49	0.37	0.71	-0.87	0.48	-0.94	-0.91	0.35
Accounts Payable	-0.85	0.01	-0.04	0.2	0.18		-0.01	0.31	0.0	-0.03	-0.09	0.03	0.14	-0.48	-0.31	-0.07	-0.02	0.12	0.02	-0.01	0.07	-0.1	0.0	-0.12	-0.1	-0.02
Other Assets	0.27	-0.35	-0.88	-0.47	-0.48	-0.01		-0.31	0.33	0.85	0.58	-0.79	0.8	-0.59	-0.86	0.56	-0.69	-0.59	-0.76	-0.08	-0.89	0.84	-0.57	0.64	0.66	-0.35
Net Receivables	-0.24	0.46	0.25	0.07	0.06	0.31	-0.31		0.71	-0.2	-0.57	0.32	-0.17	-0.09	0.14	-0.24	0.38	0.03	0.44	0.49	0.33	-0.26	0.35	-0.28	-0.29	0.25
Inventory	0.29	0.24	-0.39	-0.45	-0.47	0.0	0.33	0.71		0.43	-0.02	-0.35	0.41	-0.44	-0.42	0.28	-0.11	-0.54	-0.16	0.35	-0.35	0.41	-0.15	0.29	0.29	-0.13
Other Current Assets	0.39	-0.11	-0.94	-0.8	-0.82	-0.03	0.85	-0.2	0.43		0.7	-0.89	0.92	-0.8	-0.8	0.7	-0.41	-0.88	-0.62	-0.12	-0.86	0.94	-0.48	0.88	0.84	-0.3
Other Stockholder Equity	0.31	-0.61	-0.83	-0.77	-0.75	-0.09	0.58	-0.57	-0.02	0.7		-0.85	0.78	-0.64	-0.63	0.86	-0.66	-0.76	-0.84	-0.74	-0.83	0.83	-0.82	0.87	0.89	-0.68
Deferred Long Term Liab	-0.43	0.3	0.95	0.81	0.81	0.03	-0.79	0.32	-0.35	-0.89	-0.85		-0.93	0.75	0.86	-0.79	0.66	0.86	0.82	0.36	0.94	-0.94	0.73	-0.86	-0.87	0.56
Total Current Assets	0.25	-0.27	-0.96	-0.8	-0.84	0.14	0.8	-0.17	0.41	0.92	0.78	-0.93		-0.89	-0.84	0.81	-0.54	-0.88	-0.71	-0.36	-0.91	0.96	-0.61	0.91	0.92	-0.4
Common Stock	0.1	0.18	0.82	0.73	0.75	-0.48	-0.59	-0.09	-0.44	-0.8	-0.64	0.75	-0.89		0.77	-0.69	0.35	0.81	0.53	0.31	0.7	-0.78	0.48	-0.79	-0.78	0.35
Property Plant Equipment	-0.1	0.3	0.89	0.52	0.52	-0.31	-0.86	0.14	-0.42	-0.8	-0.63	0.86	-0.84	0.77		-0.63	0.74	0.64	0.82	0.15	0.86	-0.79	0.72	-0.61	-0.64	0.59
Total Assets	0.36	-0.54	-0.82	-0.76	-0.82	-0.07	0.56	-0.24	0.28	0.7	0.86	-0.79	0.81	-0.69	-0.63		-0.61	-0.84	-0.78	-0.66	-0.79	0.85	-0.81	0.88	0.92	-0.71
Short Long Term Debt Total	-0.13	0.78	0.67	0.28	0.24	-0.02	-0.69	0.38	-0.11	-0.41	-0.66	0.66	-0.54	0.35	0.74	-0.61		0.35	0.95	0.5	0.79	-0.59	0.91	-0.4	-0.5	0.79
Total Stockholder Equity	-0.46	0.17	0.87	0.97	0.98	0.12	-0.59	0.03	-0.54	-0.88	-0.76	0.86	-0.88	0.81	0.64	-0.84	0.35		0.59	0.33	0.79	-0.92	0.56	-0.95	-0.93	0.42
Property Plant And Equipment Net	-0.25	0.72	0.83	0.52	0.49	0.02	-0.76	0.44	-0.16	-0.62	-0.84	0.82	-0.71	0.53	0.82	-0.78	0.95	0.59		0.55	0.89	-0.77	0.96	-0.63	-0.71	0.84
Current Deferred Revenue	0.04	0.8	0.36	0.38	0.37	-0.01	-0.08	0.49	0.35	-0.12	-0.74	0.36	-0.36	0.31	0.15	-0.66	0.5	0.33	0.55		0.41	-0.38	0.65	-0.52	-0.59	0.56
Net Debt	-0.36	0.51	0.97	0.73	0.71	0.07	-0.89	0.33	-0.35	-0.86	-0.83	0.94	-0.91	0.7	0.86	-0.79	0.79	0.79	0.89	0.41		-0.95	0.78	-0.83	-0.87	0.56
Cash	0.43	-0.36	-0.98	-0.85	-0.87	-0.1	0.84	-0.26	0.41	0.94	0.83	-0.94	0.96	-0.78	-0.79	0.85	-0.59	-0.92	-0.77	-0.38	-0.95		-0.67	0.95	0.95	-0.46
Non Current Assets Total	-0.22	0.76	0.73	0.5	0.48	0.0	-0.57	0.35	-0.15	-0.48	-0.82	0.73	-0.61	0.48	0.72	-0.81	0.91	0.56	0.96	0.65	0.78	-0.67		-0.58	-0.66	0.95
Non Currrent Assets Other	0.4	-0.33	-0.89	-0.92	-0.94	-0.12	0.64	-0.28	0.29	0.88	0.87	-0.86	0.91	-0.79	-0.61	0.88	-0.4	-0.95	-0.63	-0.52	-0.83	0.95	-0.58		0.99	-0.39
Cash And Short Term Investments	0.38	-0.43	-0.9	-0.89	-0.91	-0.1	0.66	-0.29	0.29	0.84	0.89	-0.87	0.92	-0.78	-0.64	0.92	-0.5	-0.93	-0.71	-0.59	-0.87	0.95	-0.66	0.99		-0.47
Good Will	-0.18	0.66	0.54	0.37	0.35	-0.02	-0.35	0.25	-0.13	-0.3	-0.68	0.56	-0.4	0.35	0.59	-0.71	0.79	0.42	0.84	0.56	0.56	-0.46	0.95	-0.39	-0.47

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Telesat Corp Account Relationship Matchups

Telesat Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Current Liab	133.4M	165.6M	163.8M	129.0M	148.4M	145.0M
Total Current Liabilities	162.1M	182.0M	171.4M	137.7M	124.0M	131.3M
Other Liab	795.6M	739.6M	657.9M	590.4M	531.4M	605.2M
Net Tangible Assets	(2.2B)	(2.0B)	(1.8B)	(2.8B)	(2.5B)	(2.6B)
Retained Earnings	1.3B	350.9M	355.2M	534.1M	480.7M	611.4M
Accounts Payable	5.4M	3.5M	2.0M	4.6M	4.1M	5.5M
Other Assets	78.4M	143.3M	106.1M	123.7M	142.3M	106.6M
Net Receivables	55.0M	125.9M	29.3M	47.6M	42.8M	53.8M
Inventory	5.2M	17.0M	2.0M	4.3M	5.0M	5.9M
Other Current Assets	29.9M	55.3M	79.2M	47.9M	55.0M	36.1M
Other Stockholder Equity	1.0	(129.1M)	(850K)	602.9M	693.3M	727.9M
Deferred Long Term Liab	1.0M	775K	511K	247K	222.3K	211.2K
Total Current Assets	893.6M	1.6B	1.8B	1.8B	2.1B	1.4B
Common Stock	155.7M	42.8M	46.6M	51.3M	46.1M	71.9M
Property Plant Equipment	1.7B	1.5B	1.3B	1.4B	1.3B	1.2B
Total Assets	5.6B	6.4B	6.5B	6.3B	7.2B	6.7B
Short Long Term Debt Total	3.2B	3.8B	3.9B	3.2B	2.9B	2.9B
Total Stockholder Equity	1.5B	416.5M	480.4M	661.9M	595.7M	682.3M
Property Plant And Equipment Net	1.3B	1.4B	1.4B	1.3B	1.1B	1.1B
Current Deferred Revenue	81.8M	78.2M	66.8M	55.1M	49.6M	55.6M
Net Debt	2.4B	2.3B	2.2B	1.6B	1.4B	1.9B
Cash	818.4M	1.4B	1.7B	1.7B	1.9B	1.4B
Non Current Assets Total	4.7B	4.7B	4.7B	4.5B	4.0B	3.7B
Non Currrent Assets Other	277K	43.5M	63.3M	55.1M	63.3M	38.9M
Cash And Short Term Investments	818.8M	1.5B	1.7B	1.7B	1.9B	1.5B
Short Term Investments	448K	861K	515K	631K	567.9K	539.5K
Liabilities And Stockholders Equity	5.6B	6.4B	6.5B	6.3B	7.2B	6.7B
Non Current Liabilities Total	4.0B	4.5B	4.5B	3.7B	3.4B	3.4B
Total Liab	4.1B	4.7B	4.6B	3.9B	3.5B	3.5B
Accumulated Other Comprehensive Income	37.7M	22.8M	78.6M	76.6M	88.1M	60.5M
Short Term Debt	14.7M	7.3M	2.1M	2.2M	2.0M	1.9M
Intangible Assets	779.2M	764.1M	756.9M	692.8M	623.5M	607.3M

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