ISoftStone Net Receivables vs Total Current Liabilities 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 Current Liabilities 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 Current Liabilities

Net Receivables vs Total Current Liabilities 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 Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ISoftStone Information's Net Receivables and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities 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 Current Liabilities 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 Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., ISoftStone Information's Net Receivables and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Total Current Liabilities

Total Current Liabilities is an item on ISoftStone Information balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of iSoftStone Information Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Expense146.5M131.5M78.8M74.8M
Interest Income21.3M55.1M62.6M42.9M

ISoftStone Information fundamental ratios Correlations

-0.750.781.0-0.60.960.890.990.990.68-0.880.95-0.840.95-0.710.88-0.570.571.00.241.00.961.00.990.91-0.05
-0.75-0.77-0.70.46-0.88-0.49-0.72-0.7-0.450.67-0.810.99-0.90.16-0.80.33-0.84-0.7-0.03-0.76-0.68-0.73-0.68-0.78-0.3
0.78-0.770.73-0.690.850.720.710.760.65-0.950.92-0.810.8-0.630.96-0.830.90.730.560.790.690.720.720.960.41
1.0-0.70.73-0.560.940.91.00.990.66-0.850.93-0.80.93-0.720.84-0.550.51.00.21.00.961.01.00.88-0.1
-0.60.46-0.69-0.56-0.54-0.63-0.55-0.63-0.950.61-0.580.51-0.590.5-0.80.42-0.65-0.59-0.82-0.59-0.62-0.55-0.59-0.650.26
0.96-0.880.850.94-0.540.820.930.940.62-0.880.98-0.950.99-0.580.91-0.580.710.930.180.960.910.940.920.930.16
0.89-0.490.720.9-0.630.820.860.940.79-0.840.85-0.610.81-0.880.81-0.660.40.90.450.870.940.870.910.82-0.17
0.99-0.720.711.0-0.550.930.860.980.63-0.830.92-0.810.93-0.680.83-0.50.51.00.160.990.951.00.990.87-0.11
0.99-0.70.760.99-0.630.940.940.980.75-0.860.93-0.80.94-0.750.88-0.560.520.990.30.980.990.980.990.88-0.14
0.68-0.450.650.66-0.950.620.790.630.75-0.630.63-0.530.67-0.60.8-0.420.530.680.740.660.770.640.70.66-0.38
-0.880.67-0.95-0.850.61-0.88-0.84-0.83-0.86-0.63-0.960.76-0.820.81-0.930.88-0.72-0.84-0.48-0.88-0.78-0.84-0.84-0.98-0.3
0.95-0.810.920.93-0.580.980.850.920.930.63-0.96-0.880.94-0.70.95-0.740.730.920.320.960.880.930.920.990.23
-0.840.99-0.81-0.80.51-0.95-0.61-0.81-0.8-0.530.76-0.88-0.950.3-0.860.42-0.82-0.8-0.09-0.85-0.77-0.82-0.78-0.85-0.25
0.95-0.90.80.93-0.590.990.810.930.940.67-0.820.94-0.95-0.510.9-0.470.690.930.170.950.930.940.930.890.03
-0.710.16-0.63-0.720.5-0.58-0.88-0.68-0.75-0.60.81-0.70.3-0.51-0.650.81-0.23-0.72-0.56-0.7-0.69-0.68-0.73-0.720.06
0.88-0.80.960.84-0.80.910.810.830.880.8-0.930.95-0.860.9-0.65-0.720.850.850.560.880.830.840.840.970.16
-0.570.33-0.83-0.550.42-0.58-0.66-0.5-0.56-0.420.88-0.740.42-0.470.81-0.72-0.57-0.53-0.59-0.57-0.46-0.51-0.53-0.8-0.5
0.57-0.840.90.5-0.650.710.40.50.520.53-0.720.73-0.820.69-0.230.85-0.570.50.460.580.460.510.480.80.48
1.0-0.70.731.0-0.590.930.91.00.990.68-0.840.92-0.80.93-0.720.85-0.530.50.220.990.971.01.00.87-0.13
0.24-0.030.560.2-0.820.180.450.160.30.74-0.480.32-0.090.17-0.560.56-0.590.460.220.230.260.170.240.44-0.07
1.0-0.760.791.0-0.590.960.870.990.980.66-0.880.96-0.850.95-0.70.88-0.570.580.990.230.951.00.990.92-0.03
0.96-0.680.690.96-0.620.910.940.950.990.77-0.780.88-0.770.93-0.690.83-0.460.460.970.260.950.950.970.82-0.24
1.0-0.730.721.0-0.550.940.871.00.980.64-0.840.93-0.820.94-0.680.84-0.510.511.00.171.00.950.990.87-0.09
0.99-0.680.721.0-0.590.920.910.990.990.7-0.840.92-0.780.93-0.730.84-0.530.481.00.240.990.970.990.87-0.15
0.91-0.780.960.88-0.650.930.820.870.880.66-0.980.99-0.850.89-0.720.97-0.80.80.870.440.920.820.870.870.28
-0.05-0.30.41-0.10.260.16-0.17-0.11-0.14-0.38-0.30.23-0.250.030.060.16-0.50.48-0.13-0.07-0.03-0.24-0.09-0.150.28
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ISoftStone Information Account Relationship Matchups

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Other Information on Investing in ISoftStone Stock

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.