Verizon Other Current Assets vs Non Current Liabilities Total Analysis

VZ Stock  USD 40.52  0.21  0.52%   
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 Other Current Assets and its Non Current Liabilities Total 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verizon Communications Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Verizon Communications' Other Current Assets and Non Current Liabilities Total is 0.81. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total 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' Other Current Assets and Non Current Liabilities 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 Other Current Assets of Verizon Communications are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Verizon Communications' Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

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.Enterprise Value is likely to rise to about 126.4 B in 2026, whereas Selling General Administrative is likely to drop slightly above 25.6 B in 2026.
 2023 2024 2025 2026 (projected)
Gross Profit61.5B62.8B72.2B40.1B
Total Revenue134.0B134.8B155.0B81.8B

Verizon Communications fundamental ratios Correlations

0.940.570.950.910.990.90.86-0.030.990.76-0.030.890.640.930.910.910.00.960.660.840.920.180.880.18-0.69
0.940.560.90.860.930.980.9-0.130.950.81-0.140.910.70.970.920.88-0.30.980.570.790.930.440.850.44-0.75
0.570.560.430.310.560.540.310.00.560.59-0.010.560.910.680.50.46-0.120.640.40.170.390.230.250.23-0.53
0.950.90.430.930.950.90.91-0.190.960.79-0.190.890.550.860.870.92-0.090.910.510.950.970.270.920.27-0.62
0.910.860.310.930.910.850.96-0.150.910.71-0.150.860.410.750.890.93-0.040.810.540.920.910.260.940.25-0.66
0.990.930.560.950.910.90.86-0.070.990.73-0.070.890.630.910.910.940.00.940.620.840.910.180.880.18-0.7
0.90.980.540.90.850.90.92-0.350.930.83-0.350.920.70.940.910.88-0.410.950.380.790.940.530.860.53-0.73
0.860.90.310.910.960.860.92-0.290.880.78-0.30.890.480.780.880.91-0.310.830.420.890.930.490.910.48-0.72
-0.03-0.130.0-0.19-0.15-0.07-0.35-0.29-0.14-0.311.0-0.23-0.15-0.1-0.19-0.190.54-0.120.7-0.21-0.26-0.51-0.22-0.510.08
0.990.950.560.960.910.990.930.88-0.140.79-0.140.90.650.930.920.92-0.050.960.560.850.940.230.910.22-0.67
0.760.810.590.790.710.730.830.78-0.310.79-0.320.730.740.780.730.7-0.380.810.270.710.80.580.750.57-0.61
-0.03-0.14-0.01-0.19-0.15-0.07-0.35-0.31.0-0.14-0.32-0.24-0.15-0.1-0.19-0.190.55-0.120.7-0.21-0.26-0.52-0.22-0.520.09
0.890.910.560.890.860.890.920.89-0.230.90.73-0.240.70.870.810.9-0.290.90.520.770.920.40.750.4-0.79
0.640.70.910.550.410.630.70.48-0.150.650.74-0.150.70.790.540.55-0.370.750.360.330.580.50.380.5-0.64
0.930.970.680.860.750.910.940.78-0.10.930.78-0.10.870.790.860.81-0.270.990.570.690.880.360.760.36-0.72
0.910.920.50.870.890.910.910.88-0.190.920.73-0.190.810.540.860.87-0.140.890.470.790.850.320.90.32-0.64
0.910.880.460.920.930.940.880.91-0.190.920.7-0.190.90.550.810.87-0.090.860.530.860.90.270.850.27-0.73
0.0-0.3-0.12-0.09-0.040.0-0.41-0.310.54-0.05-0.380.55-0.29-0.37-0.27-0.14-0.09-0.230.3-0.07-0.24-0.89-0.05-0.890.35
0.960.980.640.910.810.940.950.83-0.120.960.81-0.120.90.750.990.890.86-0.230.570.770.920.350.820.35-0.72
0.660.570.40.510.540.620.380.420.70.560.270.70.520.360.570.470.530.30.570.420.46-0.180.4-0.18-0.5
0.840.790.170.950.920.840.790.89-0.210.850.71-0.210.770.330.690.790.86-0.070.770.420.910.280.920.28-0.51
0.920.930.390.970.910.910.940.93-0.260.940.8-0.260.920.580.880.850.9-0.240.920.460.910.40.910.4-0.64
0.180.440.230.270.260.180.530.49-0.510.230.58-0.520.40.50.360.320.27-0.890.35-0.180.280.40.281.0-0.41
0.880.850.250.920.940.880.860.91-0.220.910.75-0.220.750.380.760.90.85-0.050.820.40.920.910.280.28-0.5
0.180.440.230.270.250.180.530.48-0.510.220.57-0.520.40.50.360.320.27-0.890.35-0.180.280.41.00.28-0.4
-0.69-0.75-0.53-0.62-0.66-0.7-0.73-0.720.08-0.67-0.610.09-0.79-0.64-0.72-0.64-0.730.35-0.72-0.5-0.51-0.64-0.41-0.5-0.4
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Verizon Communications Account Relationship Matchups

Verizon Communications fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets366.6B379.7B380.3B384.7B442.4B464.5B
Short Long Term Debt Total177.9B176.3B174.9B168.4B193.6B203.3B
Other Current Liab21.8B20.7B16.4B17.9B20.6B11.7B
Total Current Liabilities47.2B50.2B53.2B64.8B74.5B78.2B
Total Stockholder Equity81.8B91.1B92.4B99.2B114.1B119.8B
Property Plant And Equipment Net127.6B133.6B133.0B133.0B152.9B160.6B
Net Debt175.0B173.7B172.9B164.2B188.8B198.2B
Retained Earnings72.0B82.4B82.9B89.1B102.5B107.6B
Cash2.9B2.6B2.1B4.2B4.8B4.5B
Non Current Assets Total329.9B341.8B343.4B344.2B395.8B415.6B
Non Currrent Assets Other13.3B17.3B19.9B19.8B22.7B12.2B
Cash And Short Term Investments2.9B2.6B2.1B4.2B4.8B5.1B
Net Receivables23.8B24.5B25.1B26.1B30.0B31.5B
Common Stock Shares Outstanding4.2B4.2B4.2B4.2B4.9B2.8B
Liabilities And Stockholders Equity366.6B379.7B380.3B384.7B442.4B464.5B
Non Current Liabilities Total236.2B237.0B233.2B219.4B252.3B264.9B
Inventory3.1B2.4B2.1B2.2B2.6B2.7B
Other Current Assets6.9B8.4B7.6B8.0B9.2B9.6B
Other Stockholder Equity10.3B10.2B10.5B10.6B12.2B16.3B
Total Liab283.4B287.2B286.5B284.1B326.8B343.1B
Total Current Assets36.7B37.9B36.8B40.5B46.6B48.9B
Short Term Debt11.3B14.1B17.2B27.0B31.1B32.7B
Accounts Payable8.0B8.8B10.0B10.4B12.0B12.6B
Property Plant And Equipment Gross289.9B307.7B344.8B355.9B409.3B429.7B
Accumulated Other Comprehensive Income(927M)(1.9B)(1.4B)(923M)(1.1B)(1.1B)
Short Term Investments(1.2B)18M(379M)(261M)(234.9M)(223.2M)
Intangible Assets159.3B161.3B166.7B167.7B192.9B202.5B
Other Liab64.1B66.4B69.6B70.9B81.5B49.0B
Other Assets13.3B17.3B19.9B22.2B25.5B12.8B
Long Term Debt143.4B140.7B137.7B121.4B139.6B85.2B
Property Plant Equipment127.6B133.6B133.0B133.0B152.9B100.9B
Current Deferred Revenue6.1B6.6B7.0B7.5B8.6B4.6B
Good Will28.6B28.7B22.8B22.8B26.3B20.1B
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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