Verizon Good Will vs Current Deferred Revenue Analysis

VZ Stock  USD 44.34  0.04  0.09%   
Verizon Communications financial indicator trend analysis is much more than just breaking down Verizon Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Verizon Communications is a good investment. Please check the relationship between Verizon Communications Good Will and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verizon Communications. 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 Verizon Stock please use our How to Invest in Verizon Communications guide.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Verizon Communications' Good Will and Current Deferred Revenue is -0.12. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Verizon Communications, assuming nothing else is changed. The correlation between historical values of Verizon Communications' Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Verizon Communications are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Verizon Communications' Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.
Most indicators from Verizon Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Verizon Communications 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 Verizon Communications. 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 Verizon Stock please use our How to Invest in Verizon Communications guide.At this time, Verizon Communications' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 126.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 26.4 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit77.3B77.7B79.1B46.5B
Total Revenue133.6B136.8B134.0B78.9B

Verizon Communications fundamental ratios Correlations

0.920.570.960.860.810.850.80.020.990.720.010.860.660.930.770.85-0.070.950.490.820.160.120.83-0.01-0.66
0.920.450.930.790.690.960.85-0.120.930.79-0.130.890.690.960.70.78-0.40.970.350.82-0.030.410.80.29-0.67
0.570.450.540.270.780.40.230.050.550.530.050.560.860.610.60.380.010.60.490.20.460.060.160.06-0.37
0.960.930.540.880.770.920.86-0.180.980.79-0.190.90.660.910.740.89-0.20.940.320.90.20.240.840.1-0.66
0.860.790.270.880.660.770.94-0.120.870.61-0.130.820.360.70.720.91-0.120.750.330.920.130.210.890.05-0.69
0.810.690.780.770.660.640.60.040.790.680.040.730.820.760.850.74-0.010.780.590.60.240.240.550.07-0.6
0.850.960.40.920.770.640.87-0.380.890.82-0.390.880.670.920.690.77-0.520.930.110.83-0.030.520.810.4-0.65
0.80.850.230.860.940.60.87-0.30.820.71-0.310.860.430.740.720.86-0.440.770.180.91-0.010.490.860.37-0.75
0.02-0.120.05-0.18-0.120.04-0.38-0.3-0.12-0.311.0-0.22-0.11-0.08-0.13-0.140.55-0.10.79-0.230.01-0.51-0.23-0.50.09
0.990.930.550.980.870.790.890.82-0.120.76-0.120.860.660.930.780.85-0.130.950.370.850.170.170.860.04-0.65
0.720.790.530.790.610.680.820.71-0.310.76-0.310.690.720.80.70.57-0.470.810.160.70.050.580.660.4-0.58
0.01-0.130.05-0.19-0.130.04-0.39-0.311.0-0.12-0.31-0.22-0.11-0.08-0.14-0.150.56-0.10.79-0.240.01-0.51-0.23-0.510.1
0.860.890.560.90.820.730.880.86-0.220.860.69-0.220.730.850.680.85-0.380.870.360.760.040.380.650.32-0.79
0.660.690.860.660.360.820.670.43-0.110.660.72-0.110.730.80.650.49-0.350.780.420.360.090.430.280.37-0.57
0.930.960.610.910.70.760.920.74-0.080.930.8-0.080.850.80.750.72-0.341.00.40.710.020.340.730.26-0.67
0.770.70.60.740.720.850.690.72-0.130.780.7-0.140.680.650.750.66-0.20.760.370.640.080.370.710.27-0.57
0.850.780.380.890.910.740.770.86-0.140.850.57-0.150.850.490.720.66-0.120.760.360.90.190.20.760.07-0.71
-0.07-0.40.01-0.2-0.12-0.01-0.52-0.440.55-0.13-0.470.56-0.38-0.35-0.34-0.2-0.12-0.320.31-0.220.38-0.89-0.14-0.950.42
0.950.970.60.940.750.780.930.77-0.10.950.81-0.10.870.781.00.760.76-0.320.390.750.050.330.760.23-0.68
0.490.350.490.320.330.590.110.180.790.370.160.790.360.420.40.370.360.310.390.190.08-0.180.11-0.24-0.37
0.820.820.20.90.920.60.830.91-0.230.850.7-0.240.760.360.710.640.9-0.220.750.190.10.290.880.11-0.61
0.16-0.030.460.20.130.24-0.03-0.010.010.170.050.010.040.090.020.080.190.380.050.080.1-0.30.09-0.40.04
0.120.410.060.240.210.240.520.49-0.510.170.58-0.510.380.430.340.370.2-0.890.33-0.180.29-0.30.240.88-0.42
0.830.80.160.840.890.550.810.86-0.230.860.66-0.230.650.280.730.710.76-0.140.760.110.880.090.240.04-0.48
-0.010.290.060.10.050.070.40.37-0.50.040.4-0.510.320.370.260.270.07-0.950.23-0.240.11-0.40.880.04-0.38
-0.66-0.67-0.37-0.66-0.69-0.6-0.65-0.750.09-0.65-0.580.1-0.79-0.57-0.67-0.57-0.710.42-0.68-0.37-0.610.04-0.42-0.48-0.38
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Verizon Communications Account Relationship Matchups

Verizon Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets291.7B316.5B366.6B379.7B380.3B399.3B
Short Long Term Debt Total133.1B129.1B150.9B150.6B174.9B183.7B
Other Current Liab18.5B18.4B21.4B20.7B16.4B10.7B
Total Current Liabilities44.9B39.7B47.2B50.2B53.2B55.9B
Total Stockholder Equity61.4B67.8B81.8B91.1B92.4B97.1B
Property Plant And Equipment Net114.6B117.4B127.6B133.6B133.0B71.4B
Net Debt130.5B106.9B147.9B148.0B172.9B181.5B
Retained Earnings53.1B60.5B72.0B82.4B82.9B87.1B
Cash2.6B22.2B2.9B2.6B2.1B2.0B
Non Current Assets Total254.3B261.9B329.9B341.8B343.4B360.6B
Non Currrent Assets Other10.1B10.9B13.3B17.3B19.6B11.3B
Cash And Short Term Investments2.6B22.2B2.9B2.6B2.1B2.0B
Net Receivables25.4B24.7B24.6B24.5B25.1B26.3B
Common Stock Shares Outstanding4.1B4.1B4.2B4.2B4.2B2.7B
Liabilities And Stockholders Equity291.7B316.5B366.6B379.7B380.3B399.3B
Non Current Liabilities Total184.0B207.5B236.2B237.0B233.2B244.9B
Inventory1.4B1.8B3.1B2.4B2.1B1.2B
Other Current Assets8.0B6.7B6.0B8.4B7.6B8.0B
Other Stockholder Equity6.8B6.7B9.8B9.4B9.8B9.3B
Total Liab228.9B247.2B283.4B287.2B286.5B300.8B
Total Current Assets37.5B54.6B36.7B37.9B36.8B21.8B
Short Term Debt14.0B9.7B11.7B14.1B17.2B18.1B
Accounts Payable7.7B6.7B8.0B8.8B10.0B6.7B
Property Plant And Equipment Gross114.6B117.4B289.9B307.7B344.8B362.1B
Accumulated Other Comprehensive Income998M(71M)(927M)(1.9B)(724M)(760.2M)
Other Liab64.1B66.4B69.6B70.9B81.5B49.0B
Other Assets9.1B13.7B13.3B17.3B19.9B20.9B
Long Term Debt99.9B123.2B143.4B140.7B137.7B83.2B
Treasury Stock(7.0B)(6.8B)(6.7B)(4.1B)(3.7B)(3.9B)
Intangible Assets104.6B105.5B159.3B161.3B166.7B93.0B
Property Plant Equipment91.9B94.8B127.6B133.6B153.6B96.9B
Current Deferred Revenue4.7B4.8B6.1B6.6B7.0B3.5B
Good Will24.4B24.8B28.6B28.7B22.8B19.9B
Noncontrolling Interest In Consolidated Entity1.4B1.4B1.4B1.3B1.2B1.1B
Retained Earnings Total Equity53.1B60.5B72.0B82.4B94.7B99.5B

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