Telesat Other Stockholder Equity vs Net Receivables Analysis

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 Other Stockholder Equity and its Net Receivables 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.

Other Stockholder Equity vs Net Receivables

Other Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telesat Corp Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Telesat Corp's Other Stockholder Equity and Net Receivables is -0.52. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables 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 Other Stockholder Equity and Net Receivables 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 Stockholder Equity of Telesat Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Telesat Corp's Other Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Stockholder Equity

Net Receivables

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.
 2021 2022 2023 2024 (projected)
EBIT406.3M191.6M943.8M529.4M
Other Operating Expenses346.4M462.7M135.3M128.5M

Telesat Corp fundamental ratios Correlations

0.24-0.24-0.52-0.51-0.860.2-0.210.290.370.26-0.410.20.17-0.030.37-0.05-0.44-0.20.14-0.330.42-0.160.380.37-0.11
0.240.23-0.04-0.110.0-0.170.390.320.12-0.490.10.04-0.010.18-0.240.68-0.030.60.710.31-0.090.65-0.06-0.140.73
-0.240.230.750.75-0.06-0.870.17-0.4-0.92-0.80.94-0.940.80.89-0.750.570.840.770.170.97-0.970.62-0.86-0.880.62
-0.52-0.040.750.990.21-0.39-0.03-0.49-0.78-0.720.78-0.790.690.48-0.930.130.980.450.250.67-0.850.47-0.93-0.930.46
-0.51-0.110.750.990.18-0.41-0.04-0.49-0.8-0.70.78-0.820.710.48-0.880.070.980.390.230.67-0.860.37-0.95-0.940.38
-0.860.0-0.060.210.180.00.310.0-0.02-0.080.020.18-0.52-0.32-0.08-0.050.110.0-0.030.06-0.1-0.02-0.12-0.11-0.02
0.2-0.17-0.87-0.39-0.410.0-0.240.320.820.53-0.770.76-0.53-0.860.36-0.6-0.54-0.680.15-0.90.81-0.420.570.58-0.4
-0.210.390.17-0.03-0.040.31-0.240.75-0.12-0.520.24-0.04-0.20.07-0.070.29-0.070.360.430.23-0.150.26-0.17-0.160.25
0.290.32-0.4-0.49-0.490.00.320.750.45-0.05-0.360.45-0.45-0.410.36-0.1-0.56-0.160.45-0.380.45-0.150.310.32-0.11
0.370.12-0.92-0.78-0.8-0.020.82-0.120.450.65-0.880.93-0.77-0.780.69-0.27-0.87-0.550.09-0.850.95-0.370.860.84-0.32
0.26-0.49-0.8-0.72-0.7-0.080.53-0.52-0.050.65-0.830.72-0.58-0.620.84-0.55-0.72-0.78-0.67-0.790.79-0.750.830.86-0.78
-0.410.10.940.780.780.02-0.770.24-0.36-0.88-0.83-0.930.720.87-0.790.570.830.790.190.94-0.940.66-0.84-0.860.65
0.20.04-0.94-0.79-0.820.180.76-0.040.450.930.72-0.93-0.89-0.850.73-0.36-0.88-0.59-0.1-0.870.94-0.450.880.89-0.46
0.17-0.010.80.690.71-0.52-0.53-0.2-0.45-0.77-0.580.72-0.890.75-0.690.210.780.440.160.65-0.760.38-0.76-0.770.39
-0.030.180.890.480.48-0.32-0.860.07-0.41-0.78-0.620.87-0.850.75-0.560.710.610.810.00.89-0.80.66-0.58-0.610.62
0.37-0.24-0.75-0.93-0.88-0.080.36-0.070.360.690.84-0.790.73-0.69-0.56-0.37-0.9-0.66-0.45-0.70.8-0.720.860.89-0.71
-0.050.680.570.130.07-0.05-0.60.29-0.1-0.27-0.550.57-0.360.210.71-0.370.20.930.290.7-0.420.87-0.18-0.270.87
-0.44-0.030.840.980.980.11-0.54-0.07-0.56-0.87-0.720.83-0.880.780.61-0.90.20.50.180.76-0.920.47-0.95-0.950.46
-0.20.60.770.450.390.0-0.680.36-0.16-0.55-0.780.79-0.590.440.81-0.660.930.50.360.85-0.680.94-0.5-0.560.92
0.140.710.170.250.23-0.030.150.430.450.09-0.670.19-0.10.160.0-0.450.290.180.360.17-0.130.5-0.34-0.390.62
-0.330.310.970.670.670.06-0.90.23-0.38-0.85-0.790.94-0.870.650.89-0.70.70.760.850.17-0.940.69-0.77-0.810.69
0.42-0.09-0.97-0.85-0.86-0.10.81-0.150.450.950.79-0.940.94-0.76-0.80.8-0.42-0.92-0.68-0.13-0.94-0.530.930.93-0.53
-0.160.650.620.470.37-0.02-0.420.26-0.15-0.37-0.750.66-0.450.380.66-0.720.870.470.940.50.69-0.53-0.42-0.50.98
0.38-0.06-0.86-0.93-0.95-0.120.57-0.170.310.860.83-0.840.88-0.76-0.580.86-0.18-0.95-0.5-0.34-0.770.93-0.420.99-0.45
0.37-0.14-0.88-0.93-0.94-0.110.58-0.160.320.840.86-0.860.89-0.77-0.610.89-0.27-0.95-0.56-0.39-0.810.93-0.50.99-0.54
-0.110.730.620.460.38-0.02-0.40.25-0.11-0.32-0.780.65-0.460.390.62-0.710.870.460.920.620.69-0.530.98-0.45-0.54
Click cells to compare fundamentals

Telesat Corp Account Relationship Matchups

Telesat Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab43.0M133.4M165.6M163.8M129.0M145.0M
Total Current Liabilities161.3M162.1M182.0M171.4M137.7M131.3M
Other Liab795.6M739.6M657.9M590.4M531.4M605.2M
Net Tangible Assets(2.2B)(2.0B)(1.8B)(2.8B)(2.5B)(2.6B)
Retained Earnings1.0B1.3B350.9M355.2M534.1M611.4M
Accounts Payable26.2M5.4M3.5M2.0M4.6M5.5M
Other Assets78.4M143.3M106.1M123.7M142.3M106.6M
Net Receivables90.8M55.0M125.9M29.3M47.6M53.8M
Inventory3.6M5.2M17.0M2.0M4.3M5.9M
Other Current Assets13.3M29.9M55.3M79.2M47.9M36.1M
Other Stockholder Equity1.0(129.1M)(850K)602.9M693.3M727.9M
Deferred Long Term Liab1.0M775K511K247K222.3K211.2K
Total Current Assets1.1B893.6M1.6B1.8B1.8B1.4B
Common Stock26.6M155.7M42.8M46.6M51.3M71.9M
Property Plant Equipment1.7B1.5B1.3B1.4B1.3B1.2B

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