T Stock | | | USD 22.68 0.43 1.93% |
ATT financial indicator trend analysis is way more than just evaluating ATT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATT Inc is a good investment. Please check the relationship between ATT Capital Surpluse and its Total Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Capital Surpluse vs Total Assets
Capital Surpluse vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ATT Inc Capital Surpluse account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ATT's Capital Surpluse and Total Assets is 0.57. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Assets in the same time period over historical financial statements of ATT Inc, assuming nothing else is changed. The correlation between historical values of ATT's Capital Surpluse and Total 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 Capital Surpluse of ATT Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Surpluse i.e., ATT's Capital Surpluse and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Surpluse
Total Assets
Total assets refers to the total amount of ATT assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ATT Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from ATT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATT Inc 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 ATT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Selling General Administrative is likely to drop to about 28.5
B in 2024.
Discontinued Operations is likely to drop to about (171
M) in 2024
ATT fundamental ratios Correlations
Click cells to compare fundamentals
ATT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATT fundamental ratios Accounts
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Additional Tools for ATT Stock Analysis
When running ATT's price analysis, check to
measure ATT'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 ATT is operating at the current time. Most of ATT's value examination focuses on studying past and present price action to
predict the probability of ATT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATT's price. Additionally, you may evaluate how the addition of ATT to your portfolios can decrease your overall portfolio volatility.