Concentrix Good Will vs Short Long Term Debt Analysis

CNXC Stock  USD 44.77  1.05  2.40%   
Concentrix financial indicator trend analysis is way more than just evaluating Concentrix prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Concentrix is a good investment. Please check the relationship between Concentrix Good Will and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concentrix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.

Good Will vs Short Long Term Debt

Good Will vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concentrix Good Will account and Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Concentrix's Good Will and Short Long Term Debt is -0.68. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Concentrix, assuming nothing else is changed. The correlation between historical values of Concentrix's Good Will and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Concentrix are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Good Will i.e., Concentrix's Good Will and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Concentrix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Concentrix 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 Concentrix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.At present, Concentrix's Enterprise Value Multiple is projected to drop based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense70.1M201.0M231.2M242.7M
Depreciation And Amortization309.5M388.3M446.5M290.5M

Concentrix fundamental ratios Correlations

0.880.850.83-0.310.78-0.550.720.850.840.740.810.880.710.010.810.840.870.850.60.880.780.880.880.88-0.53
0.880.950.82-0.430.83-0.640.880.830.940.810.811.00.770.010.810.861.00.990.730.990.830.991.00.99-0.68
0.850.950.81-0.130.67-0.690.740.81.00.640.710.950.57-0.20.710.770.950.890.480.960.650.980.960.96-0.41
0.830.820.81-0.190.87-0.670.690.990.80.840.940.820.78-0.160.940.940.810.80.520.830.850.820.820.83-0.49
-0.31-0.43-0.13-0.19-0.640.15-0.72-0.25-0.11-0.68-0.44-0.42-0.76-0.49-0.44-0.48-0.44-0.56-0.92-0.37-0.67-0.3-0.4-0.360.94
0.780.830.670.87-0.64-0.580.890.890.650.990.950.820.980.140.950.980.830.880.850.81.00.760.810.8-0.85
-0.55-0.64-0.69-0.670.15-0.58-0.63-0.65-0.69-0.62-0.55-0.65-0.530.67-0.55-0.66-0.66-0.64-0.4-0.63-0.56-0.67-0.65-0.60.37
0.720.880.740.69-0.720.89-0.630.70.720.90.770.880.880.120.770.870.90.940.90.840.880.820.880.82-0.88
0.850.830.80.99-0.250.89-0.650.70.790.860.950.830.81-0.130.950.940.820.820.570.840.880.830.830.85-0.54
0.840.941.00.8-0.110.65-0.690.720.790.620.70.940.55-0.220.70.750.940.880.460.950.640.980.950.95-0.39
0.740.810.640.84-0.680.99-0.620.90.860.620.930.80.990.10.930.960.810.870.880.780.990.740.790.77-0.88
0.810.810.710.94-0.440.95-0.550.770.950.70.930.810.910.091.00.960.810.840.720.80.940.780.80.81-0.69
0.881.00.950.82-0.420.82-0.650.880.830.940.80.810.77-0.010.810.861.00.990.731.00.820.991.00.99-0.67
0.710.770.570.78-0.760.98-0.530.880.810.550.990.910.770.190.910.920.770.850.920.740.990.690.750.73-0.92
0.010.01-0.2-0.16-0.490.140.670.12-0.13-0.220.10.09-0.010.190.090.01-0.010.050.35-0.030.14-0.09-0.020.0-0.37
0.810.810.710.94-0.440.95-0.550.770.950.70.931.00.810.910.090.960.810.840.720.80.940.780.80.81-0.69
0.840.860.770.94-0.480.98-0.660.870.940.750.960.960.860.920.010.960.870.880.750.840.960.830.860.83-0.73
0.871.00.950.81-0.440.83-0.660.90.820.940.810.811.00.77-0.010.810.870.990.730.990.820.991.00.98-0.68
0.850.990.890.8-0.560.88-0.640.940.820.880.870.840.990.850.050.840.880.990.830.970.880.950.980.96-0.78
0.60.730.480.52-0.920.85-0.40.90.570.460.880.720.730.920.350.720.750.730.830.680.870.630.710.67-0.99
0.880.990.960.83-0.370.8-0.630.840.840.950.780.81.00.74-0.030.80.840.990.970.680.80.991.01.0-0.62
0.780.830.650.85-0.671.0-0.560.880.880.640.990.940.820.990.140.940.960.820.880.870.80.760.810.8-0.87
0.880.990.980.82-0.30.76-0.670.820.830.980.740.780.990.69-0.090.780.830.990.950.630.990.760.990.99-0.56
0.881.00.960.82-0.40.81-0.650.880.830.950.790.81.00.75-0.020.80.861.00.980.711.00.810.990.99-0.65
0.880.990.960.83-0.360.8-0.60.820.850.950.770.810.990.730.00.810.830.980.960.671.00.80.990.99-0.61
-0.53-0.68-0.41-0.490.94-0.850.37-0.88-0.54-0.39-0.88-0.69-0.67-0.92-0.37-0.69-0.73-0.68-0.78-0.99-0.62-0.87-0.56-0.65-0.61
Click cells to compare fundamentals

Concentrix Account Relationship Matchups

Concentrix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.0B6.7B12.5B14.4B15.1B
Short Long Term Debt Total1.1B802.0M2.2B4.9B5.7B6.0B
Other Current Liab650.6M651.7M743.5M1.5B1.7B909.4M
Total Current Liabilities1.0B968.2M1.1B2.1B1.9B1.5B
Total Stockholder Equity2.3B2.6B2.7B4.1B4.8B2.7B
Other Liab485.6M381.8M655.9M276.8M249.1M357.5M
Net Tangible Assets(1.3B)(332.9M)151.2M2.7B3.1B3.3B
Property Plant And Equipment Net451.6M407.1M403.8M748.7M861.0M521.1M
Net Debt992.5M620.0M2.1B4.6B5.3B5.6B
Accounts Payable140.6M129.4M161.2M243.6M280.1M140.4M
Cash152.7M182.0M145.4M295.3M339.6M179.4M
Non Current Assets Total3.8B3.5B4.9B9.6B11.1B11.6B
Non Currrent Assets Other620.1M578.7M573.1M928.5M1.1B533.9M
Other Assets179.2M161.2M627.1M148.6M170.9M282.7M
Cash And Short Term Investments152.7M182.0M145.4M295.3M339.6M179.4M
Net Receivables1.1B1.2B1.4B1.9B2.2B1.4B
Good Will1.8B1.8B2.9B5.1B5.8B6.1B
Liabilities And Stockholders Equity5.2B5.0B6.7B12.5B14.4B15.1B
Non Current Liabilities Total1.9B1.5B2.8B6.3B7.2B7.6B
Other Current Assets189.2M153.1M218.5M674.4M775.6M814.4M
Other Stockholder Equity2.3B2.3B2.2B3.3B3.8B2.4B
Total Liab2.9B2.4B4.0B8.3B9.6B10.1B
Net Invested Capital3.4B3.4B4.9B9.1B10.4B11.0B
Property Plant And Equipment Gross451.6M407.1M403.8M1.5B1.8B1.9B
Total Current Assets1.4B1.5B1.8B2.9B3.3B1.9B
Accumulated Other Comprehensive Income(3.8M)(70.5M)(315.7M)(191.7M)(172.6M)(181.2M)
Non Current Liabilities Other601.9M546.4M512.0M920.5M1.1B574.1M
Net Working Capital414.7M574.9M622.2M784.6M902.3M947.4M
Short Term Debt196.8M153.3M158.8M231.3M208.2M197.8M
Intangible Assets799.0M655.5M985.6M2.8B3.2B3.4B
Common Stock1.5B2.3B5K7K6.3K6.0K
Property Plant Equipment411.5M958.0M407.1M403.8M363.4M416.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Concentrix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concentrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Concentrix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Concentrix Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concentrix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Data Processing & Outsourced 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 Concentrix. If investors know Concentrix 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 Concentrix 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
(0.83)
Dividend Share
1.21
Earnings Share
3.02
Revenue Per Share
146.1
Quarterly Revenue Growth
0.462
The market value of Concentrix is measured differently than its book value, which is the value of Concentrix that is recorded on the company's balance sheet. Investors also form their own opinion of Concentrix's value that differs from its market value or its book value, called intrinsic value, which is Concentrix'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 Concentrix's market value can be influenced by many factors that don't directly affect Concentrix'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 Concentrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentrix'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.