Telecom Net Tangible Assets vs Total Current Assets Analysis

0GA3 Stock

0.51 0.01 2.00%

Telecom Italia financial indicator trend analysis is much more than just breaking down Telecom Italia SpA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telecom Italia SpA is a good investment. Please check the relationship between Telecom Italia Net Tangible Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Telecom Italia SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telecom Italia SpA Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Telecom Italia's Net Tangible Assets and Total Current Assets is 0.22. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Telecom Italia SpA, assuming nothing else is changed. The correlation between historical values of Telecom Italia's Net Tangible Assets and Total Current Assets 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 Tangible Assets of Telecom Italia SpA are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Telecom Italia's Net Tangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Telecom Italia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telecom Italia SpA 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Telecom Italia SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Tax Provision is likely to gain to about (5.1 B) in 2025. Selling General Administrative is likely to drop to about 6.2 B in 2025

	2019	2020	2024	2025 (projected)
Gross Profit	15.8B	13.9B	12.5B	12.6B
Total Revenue	18.0B	15.8B	14.2B	14.7B

Gross Profit Total Revenue

Telecom Italia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Other Current Assets
Total Assets		-0.51	0.68	0.86	-0.56	-0.35	0.38	-0.62	0.17	0.66	-0.68	-0.46	0.92	-0.27	0.3	-0.65	0.27	-0.71	0.01	0.81	0.85	-0.5	-0.75	0.3	0.75	-0.03
Short Long Term Debt Total	-0.51		-0.59	-0.52	0.71	0.75	-0.19	0.93	0.54	-0.43	0.71	0.7	-0.72	-0.26	-0.6	0.94	0.21	0.72	-0.64	-0.54	-0.58	0.48	0.61	-0.23	-0.5	0.07
Total Current Liabilities	0.68	-0.59		0.72	-0.84	-0.51	-0.02	-0.66	0.02	0.51	-0.63	-0.49	0.67	0.23	0.62	-0.59	0.22	-0.47	0.13	0.68	0.66	-0.23	-0.85	0.16	0.73	-0.1
Total Stockholder Equity	0.86	-0.52	0.72		-0.68	-0.58	0.53	-0.71	0.33	0.56	-0.77	-0.58	0.72	-0.02	0.51	-0.54	0.05	-0.38	-0.18	0.8	0.82	-0.42	-0.87	0.58	0.8	-0.16
Retained Earnings	-0.56	0.71	-0.84	-0.68		0.79	-0.01	0.84	0.21	-0.62	0.86	0.77	-0.58	-0.36	-0.79	0.64	-0.07	0.42	-0.28	-0.72	-0.78	0.37	0.93	-0.39	-0.77	-0.18
Cash	-0.35	0.75	-0.51	-0.58	0.79		-0.2	0.89	0.42	-0.38	0.86	0.95	-0.43	-0.4	-0.84	0.57	0.13	0.25	-0.42	-0.49	-0.69	0.19	0.67	-0.63	-0.5	-0.29
Other Assets	0.38	-0.19	-0.02	0.53	-0.01	-0.2		-0.31	0.37	-0.18	-0.36	-0.19	0.22	-0.47	0.25	-0.23	0.07	-0.1	-0.32	0.03	0.19	0.01	-0.17	0.74	-0.01	-0.25
Long Term Debt	-0.62	0.93	-0.66	-0.71	0.84	0.89	-0.31		0.39	-0.5	0.91	0.88	-0.72	-0.2	-0.76	0.87	0.06	0.62	-0.46	-0.65	-0.78	0.43	0.79	-0.51	-0.63	-0.11
Cash And Short Term Investments	0.17	0.54	0.02	0.33	0.21	0.42	0.37	0.39		-0.08	0.22	0.43	-0.18	-0.29	-0.3	0.44	0.08	0.42	-0.94	0.08	-0.09	0.03	-0.09	0.16	0.14	-0.45
Net Receivables	0.66	-0.43	0.51	0.56	-0.62	-0.38	-0.18	-0.5	-0.08		-0.54	-0.4	0.69	0.31	0.16	-0.45	-0.2	-0.48	0.26	0.93	0.77	-0.78	-0.68	-0.04	0.9	0.09
Good Will	-0.68	0.71	-0.63	-0.77	0.86	0.86	-0.36	0.91	0.22	-0.54		0.92	-0.67	-0.03	-0.8	0.68	-0.19	0.5	-0.25	-0.66	-0.9	0.32	0.85	-0.69	-0.65	-0.35
Short Term Investments	-0.46	0.7	-0.49	-0.58	0.77	0.95	-0.19	0.88	0.43	-0.4	0.92		-0.51	-0.15	-0.79	0.61	-0.11	0.38	-0.38	-0.51	-0.8	0.19	0.7	-0.64	-0.5	-0.5
Capital Surpluse	0.92	-0.72	0.67	0.72	-0.58	-0.43	0.22	-0.72	-0.18	0.69	-0.67	-0.51		-0.12	0.33	-0.83	0.14	-0.87	0.37	0.78	0.8	-0.55	-0.66	0.13	0.69	-0.02
Inventory	-0.27	-0.26	0.23	-0.02	-0.36	-0.4	-0.47	-0.2	-0.29	0.31	-0.03	-0.15	-0.12		0.28	0.01	-0.67	0.27	0.38	0.24	-0.02	-0.16	-0.16	-0.19	0.31	-0.2
Other Stockholder Equity	0.3	-0.6	0.62	0.51	-0.79	-0.84	0.25	-0.76	-0.3	0.16	-0.8	-0.79	0.33	0.28		-0.44	0.22	-0.17	0.32	0.27	0.55	0.16	-0.63	0.68	0.32	0.29
Total Liab	-0.65	0.94	-0.59	-0.54	0.64	0.57	-0.23	0.87	0.44	-0.45	0.68	0.61	-0.83	0.01	-0.44		0.02	0.89	-0.56	-0.57	-0.62	0.55	0.61	-0.15	-0.5	0.07
Total Current Assets	0.27	0.21	0.22	0.05	-0.07	0.13	0.07	0.06	0.08	-0.2	-0.19	-0.11	0.14	-0.67	0.22	0.02		-0.2	-0.17	-0.16	0.21	0.49	-0.1	0.22	-0.16	0.55
Treasury Stock	-0.71	0.72	-0.47	-0.38	0.42	0.25	-0.1	0.62	0.42	-0.48	0.5	0.38	-0.87	0.27	-0.17	0.89	-0.2		-0.54	-0.51	-0.57	0.53	0.43	0.09	-0.4	-0.05
Intangible Assets	0.01	-0.64	0.13	-0.18	-0.28	-0.42	-0.32	-0.46	-0.94	0.26	-0.25	-0.38	0.37	0.38	0.32	-0.56	-0.17	-0.54		0.1	0.17	-0.17	0.0	-0.22	0.02	0.25
Common Stock	0.81	-0.54	0.68	0.8	-0.72	-0.49	0.03	-0.65	0.08	0.93	-0.66	-0.51	0.78	0.24	0.27	-0.57	-0.16	-0.51	0.1		0.86	-0.76	-0.84	0.14	0.98	-0.05
Property Plant Equipment	0.85	-0.58	0.66	0.82	-0.78	-0.69	0.19	-0.78	-0.09	0.77	-0.9	-0.8	0.8	-0.02	0.55	-0.62	0.21	-0.57	0.17	0.86		-0.48	-0.86	0.47	0.82	0.35
Other Current Liab	-0.5	0.48	-0.23	-0.42	0.37	0.19	0.01	0.43	0.03	-0.78	0.32	0.19	-0.55	-0.16	0.16	0.55	0.49	0.53	-0.17	-0.76	-0.48		0.48	0.17	-0.71	0.25
Other Liab	-0.75	0.61	-0.85	-0.87	0.93	0.67	-0.17	0.79	-0.09	-0.68	0.85	0.7	-0.66	-0.16	-0.63	0.61	-0.1	0.43	0.0	-0.84	-0.86	0.48		-0.43	-0.89	-0.05
Net Tangible Assets	0.3	-0.23	0.16	0.58	-0.39	-0.63	0.74	-0.51	0.16	-0.04	-0.69	-0.64	0.13	-0.19	0.68	-0.15	0.22	0.09	-0.22	0.14	0.47	0.17	-0.43		0.15	0.27
Accounts Payable	0.75	-0.5	0.73	0.8	-0.77	-0.5	-0.01	-0.63	0.14	0.9	-0.65	-0.5	0.69	0.31	0.32	-0.5	-0.16	-0.4	0.02	0.98	0.82	-0.71	-0.89	0.15		-0.08
Other Current Assets	-0.03	0.07	-0.1	-0.16	-0.18	-0.29	-0.25	-0.11	-0.45	0.09	-0.35	-0.5	-0.02	-0.2	0.29	0.07	0.55	-0.05	0.25	-0.05	0.35	0.25	-0.05	0.27	-0.08

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Telecom Italia Account Relationship Matchups

Telecom Italia fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Current Liabilities	11.9B	11.2B	16.4B	14.1B	16.3B	14.3B
Retained Earnings	(1.4B)	916M	7.2B	(8.7B)	(7.8B)	(7.4B)
Other Assets	3.6B	9.9B	6.1B	4.8B	5.5B	5.8B
Net Receivables	4.2B	3.6B	3.4B	4.9B	5.6B	4.3B
Inventory	260M	242M	282M	322M	289.8M	234.9M
Other Stockholder Equity	5.7B	5.3B	12.3B	4.2B	4.9B	5.0B
Total Current Assets	14.1B	10.8B	14.1B	10.2B	11.8B	12.6B
Property Plant Equipment	19.5B	18.1B	18.2B	19.6B	22.5B	19.6B
Other Current Liab	2.7B	1.8B	3.8B	34M	30.6M	29.1M
Other Liab	5.4B	5.4B	3.3B	2.8B	2.5B	3.6B
Net Tangible Assets	(10.5B)	(3.4B)	(8.3B)	(11.7B)	(13.5B)	(14.1B)
Accounts Payable	4.3B	4.1B	5.2B	8.2B	9.4B	5.8B

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Telecom Net Tangible Assets vs Total Current Assets Analysis

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Total Current Assets

Telecom Italia fundamental ratios Correlations

Telecom Italia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Telecom Italia fundamental ratios Accounts

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COMMON DESTINATIONS

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Accounts Payable	+ 0.98	Common Stock
Short Term Investments	+ 0.95	Cash
Total Liab	+ 0.94	Short Long Term Debt Total
Long Term Debt	+ 0.93	Short Long Term Debt Total
Other Liab	+ 0.93	Retained Earnings
Common Stock	+ 0.93	Net Receivables

Intangible Assets	- 0.94	Cash And Short Term Investments
Property Plant Equipment	- 0.9	Good Will
Accounts Payable	- 0.89	Other Liab
Treasury Stock	- 0.87	Capital Surpluse
Other Liab	- 0.87	Total Stockholder Equity
Other Liab	- 0.86	Property Plant Equipment