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 Long Term Debt Total and its Long 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.
Long Term Debt Total vs Long Term Investments
Long Term Debt Total vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telus Corp Long Term Debt Total account and
Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Telus Corp's Long Term Debt Total and Long Term Investments is 0.85. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long 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 Long Term Debt Total and Long 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 Long Term Debt Total of Telus Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt Total i.e., Telus Corp's Long Term Debt Total and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt Total
Long Term Investments
Long Term Investments is an item on the asset side of Telus Corp balance sheet that represents investments Telus Corp intends to hold for over a year. Telus Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
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
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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
predict the probability of Telus 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 Telus Corp's price. Additionally, you may evaluate how the addition of Telus Corp to your portfolios can decrease your overall portfolio volatility.