Accenture Cash Ratio from 2010 to 2024
| ACN Stock | USD 361.05 3.98 1.11% |
Cash Ratio | First Reported 2010-12-31 | Previous Quarter 0.26372447 | Current Value 0.25 | Quarterly Volatility 0.14814045 |
Check Accenture Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accenture Plc's main balance sheet or income statement drivers, such as Interest Expense of 61.9 M, Selling General Administrative of 3 B or Total Revenue of 34.6 B, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0199 or PTB Ratio of 12.43. Accenture financial statements analysis is a perfect complement when working with Accenture Plc Valuation or Volatility modules.
Accenture | Cash Ratio |
Latest Accenture Plc's Cash Ratio Growth Pattern
Below is the plot of the Cash Ratio of Accenture plc over the last few years. It is Accenture Plc's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Accenture Plc's overall financial position and show how it may be relating to other accounts over time.
| Cash Ratio | 10 Years Trend |
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Cash Ratio |
| Timeline |
Accenture Cash Ratio Regression Statistics
| Arithmetic Mean | 0.52 | |
| Geometric Mean | 0.49 | |
| Coefficient Of Variation | 28.68 | |
| Mean Deviation | 0.10 | |
| Median | 0.51 | |
| Standard Deviation | 0.15 | |
| Sample Variance | 0.02 | |
| Range | 0.5689 | |
| R-Value | (0.64) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.31 |
Accenture Cash Ratio History
About Accenture Plc Financial Statements
Accenture Plc investors utilize fundamental indicators, such as Cash Ratio, to predict how Accenture Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Ratio | 0.26 | 0.25 |
Pair Trading with Accenture Plc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Accenture Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Accenture Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Accenture Stock
Moving against Accenture Stock
The ability to find closely correlated positions to Accenture Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accenture Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Accenture Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Accenture plc to buy it.
The correlation of Accenture Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Accenture Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accenture plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Accenture Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Accenture Plc Correlation against competitors. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Accenture Plc. If investors know Accenture will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Accenture Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.236 | Dividend Share 5.35 | Earnings Share 11.43 | Revenue Per Share 103.363 | Quarterly Revenue Growth 0.026 |
The market value of Accenture plc is measured differently than its book value, which is the value of Accenture that is recorded on the company's balance sheet. Investors also form their own opinion of Accenture Plc's value that differs from its market value or its book value, called intrinsic value, which is Accenture Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Accenture Plc's market value can be influenced by many factors that don't directly affect Accenture Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Accenture Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accenture Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accenture Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.