TU Stock | | | USD 15.19 0.28 1.81% |
Telus Corp financial indicator trend analysis is much more than just breaking down Telus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telus Corp is a good investment. Please check the relationship between Telus Corp Current Deferred Revenue and its Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telus 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 employment.
For more information on how to buy Telus Stock please use our
How to Invest in Telus Corp guide.
Current Deferred Revenue vs Short Term Investments
Current Deferred Revenue vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telus Corp Current Deferred Revenue account and
Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Telus Corp's Current Deferred Revenue and Short Term Investments is 0.23. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Telus Corp, assuming nothing else is changed. The correlation between historical values of Telus Corp's Current Deferred Revenue and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Telus Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Telus Corp's Current Deferred Revenue and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Short Term Investments
Short Term Investments is an item under the current assets section of Telus Corp balance sheet. It contains any investments Telus Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Telus Corp can easily liquidate in the marketplace.
Most indicators from Telus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telus 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 Telus 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 employment.
For more information on how to buy Telus Stock please use our
How to Invest in Telus Corp guide.At this time, Telus Corp's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 392.6
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Telus Corp fundamental ratios Correlations
Click cells to compare fundamentals
Telus Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telus Corp fundamental ratios Accounts
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Additional Tools for Telus Stock Analysis
When running Telus Corp's price analysis, check to
measure Telus 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 Telus Corp is operating at the current time. Most of Telus Corp's value examination focuses on studying past and present price action to
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