ISoftStone Net Receivables vs Total Assets Analysis
| 301236 Stock | 66.18 4.72 7.68% |
ISoftStone Information financial indicator trend analysis is infinitely more than just investigating iSoftStone Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iSoftStone Information is a good investment. Please check the relationship between ISoftStone Information Net Receivables and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iSoftStone Information Technology. 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.
Net Receivables vs Total Assets
Net Receivables vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSoftStone Information Net Receivables account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ISoftStone Information's Net Receivables and Total Assets is 0.95. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of iSoftStone Information Technology, assuming nothing else is changed. The correlation between historical values of ISoftStone Information's Net Receivables 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 Net Receivables of iSoftStone Information Technology 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 Net Receivables i.e., ISoftStone Information's Net Receivables and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Total Assets
Total assets refers to the total amount of ISoftStone Information 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 iSoftStone Information 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 ISoftStone Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iSoftStone Information 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 iSoftStone Information Technology. 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. The current year's Selling General Administrative is expected to grow to about 799.2 M, whereas Tax Provision is forecasted to decline to about 8.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 146.5M | 131.5M | 78.8M | 74.8M | Interest Income | 21.3M | 55.1M | 62.6M | 42.9M |
ISoftStone Information fundamental ratios Correlations
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ISoftStone Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of iSoftStone Information at a specified time, usually calculated after every quarter, six months, or one year. ISoftStone Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ISoftStone Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ISoftStone currently owns. An asset can also be divided into two categories, current and non-current.