TDY Stock | | | USD 443.49 3.44 0.77% |
Teledyne Technologies financial indicator trend analysis is much more than just breaking down Teledyne Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teledyne Technologies is a good investment. Please check the relationship between Teledyne Technologies Net Debt and its Long Term Debt Total accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Net Debt vs Long Term Debt Total
Net Debt vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Teledyne Technologies Net Debt account and
Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Teledyne Technologies' Net Debt and Long Term Debt Total is 0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Teledyne Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Teledyne Technologies' Net Debt and Long Term Debt Total 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 Debt of Teledyne Technologies Incorporated are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Debt i.e., Teledyne Technologies' Net Debt and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Long Term Debt Total
Most indicators from Teledyne Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teledyne Technologies 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 Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, Teledyne Technologies'
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to rise to about 2.8
M in 2024, whereas
Tax Provision is likely to drop slightly above 91.3
M in 2024.
Teledyne Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Teledyne Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Teledyne Technologies fundamental ratios Accounts
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Additional Tools for Teledyne Stock Analysis
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measure Teledyne Technologies' 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 Teledyne Technologies is operating at the current time. Most of Teledyne Technologies' value examination focuses on studying past and present price action to
predict the probability of Teledyne Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teledyne Technologies' price. Additionally, you may evaluate how the addition of Teledyne Technologies to your portfolios can decrease your overall portfolio volatility.