Concentrix Gross Profit Margin vs Non Current Liabilities Total Analysis

CNXC Stock  USD 53.49  0.47  0.87%   
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 Gross Profit Margin and its Non Current Liabilities Total 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.

Gross Profit Margin vs Non Current Liabilities Total

Gross Profit Margin vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concentrix Gross Profit Margin account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Concentrix's Gross Profit Margin and Non Current Liabilities Total is 0.27. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Concentrix, assuming nothing else is changed. The correlation between historical values of Concentrix's Gross Profit Margin 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 Gross Profit Margin of Concentrix 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 Gross Profit Margin i.e., Concentrix's Gross Profit Margin and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit Margin

Non Current Liabilities Total

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.The current year's Tax Provision is expected to grow to about 100.5 M, whereas Selling General Administrative is forecasted to decline to about 1.7 B.
 2022 2024 2025 (projected)
Interest Expense201.0M370.1M388.6M
Depreciation And Amortization388.3M446.5M290.5M

Concentrix fundamental ratios Correlations

0.84-0.60.9-0.30.78-0.590.680.85-0.620.70.720.830.74-0.070.720.860.840.770.570.810.790.830.840.82-0.52
0.84-0.190.98-0.390.95-0.740.850.98-0.220.910.941.00.9-0.140.940.991.00.910.70.90.940.981.00.88-0.69
-0.6-0.19-0.250.43-0.290.01-0.33-0.191.0-0.23-0.13-0.17-0.34-0.32-0.13-0.28-0.19-0.34-0.42-0.34-0.33-0.12-0.17-0.390.38
0.90.98-0.25-0.250.89-0.710.760.99-0.290.830.890.980.82-0.180.890.960.980.860.590.880.880.990.980.88-0.57
-0.3-0.390.43-0.25-0.650.19-0.71-0.30.45-0.72-0.5-0.37-0.75-0.46-0.5-0.5-0.39-0.57-0.92-0.39-0.68-0.22-0.34-0.380.93
0.780.95-0.290.89-0.65-0.630.920.91-0.330.990.950.940.990.090.950.980.950.920.880.861.00.880.930.84-0.87
-0.59-0.740.01-0.710.19-0.63-0.68-0.70.04-0.65-0.59-0.75-0.60.67-0.59-0.71-0.76-0.69-0.46-0.67-0.62-0.77-0.76-0.640.43
0.680.85-0.330.76-0.710.92-0.680.77-0.360.930.830.840.910.070.830.90.860.950.910.860.910.770.830.84-0.89
0.850.98-0.190.99-0.30.91-0.70.77-0.230.860.930.980.85-0.160.930.950.970.880.640.90.90.980.980.9-0.62
-0.62-0.221.0-0.290.45-0.330.04-0.36-0.23-0.27-0.18-0.21-0.38-0.33-0.18-0.32-0.23-0.38-0.46-0.37-0.37-0.15-0.21-0.420.41
0.70.91-0.230.83-0.720.99-0.650.930.86-0.270.930.910.990.070.930.940.910.910.920.810.990.830.890.79-0.92
0.720.94-0.130.89-0.50.95-0.590.830.93-0.180.930.940.920.091.00.940.920.890.780.840.940.90.930.84-0.77
0.831.0-0.170.98-0.370.94-0.750.840.98-0.210.910.940.89-0.160.940.981.00.90.690.90.930.991.00.88-0.68
0.740.9-0.340.82-0.750.99-0.60.910.85-0.380.990.920.890.130.920.930.890.90.930.80.990.810.870.79-0.93
-0.07-0.14-0.32-0.18-0.460.090.670.07-0.16-0.330.070.09-0.160.130.09-0.04-0.160.00.31-0.070.09-0.26-0.17-0.04-0.31
0.720.94-0.130.89-0.50.95-0.590.830.93-0.180.931.00.940.920.090.940.920.890.780.840.940.90.930.84-0.77
0.860.99-0.280.96-0.50.98-0.710.90.95-0.320.940.940.980.93-0.040.940.990.930.780.890.960.950.980.88-0.76
0.841.0-0.190.98-0.390.95-0.760.860.97-0.230.910.921.00.89-0.160.920.990.910.70.890.930.981.00.88-0.69
0.770.91-0.340.86-0.570.92-0.690.950.88-0.380.910.890.90.90.00.890.930.910.840.970.920.860.90.96-0.81
0.570.7-0.420.59-0.920.88-0.460.910.64-0.460.920.780.690.930.310.780.780.70.840.710.890.570.670.7-0.99
0.810.9-0.340.88-0.390.86-0.670.860.9-0.370.810.840.90.8-0.070.840.890.890.970.710.850.880.891.0-0.66
0.790.94-0.330.88-0.681.0-0.620.910.9-0.370.990.940.930.990.090.940.960.930.920.890.850.860.920.84-0.89
0.830.98-0.120.99-0.220.88-0.770.770.98-0.150.830.90.990.81-0.260.90.950.980.860.570.880.860.990.87-0.55
0.841.0-0.170.98-0.340.93-0.760.830.98-0.210.890.931.00.87-0.170.930.981.00.90.670.890.920.990.88-0.65
0.820.88-0.390.88-0.380.84-0.640.840.9-0.420.790.840.880.79-0.040.840.880.880.960.71.00.840.870.88-0.65
-0.52-0.690.38-0.570.93-0.870.43-0.89-0.620.41-0.92-0.77-0.68-0.93-0.31-0.77-0.76-0.69-0.81-0.99-0.66-0.89-0.55-0.65-0.65
Click cells to compare fundamentals

Concentrix Account Relationship Matchups

Concentrix fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding51.9M51.7M54.0M65.1M74.8M59.0M
Total Assets5.0B6.7B12.5B12.0B13.8B8.0B
Short Long Term Debt Total802.0M2.2B4.9B2.5M2.9M2.8M
Other Current Liab651.7M743.5M1.5B1.7B1.9B1.0B
Total Current Liabilities968.2M1.1B2.1B2.0B1.8B1.5B
Total Stockholder Equity2.6B2.7B4.1B4.0B4.6B2.9B
Other Liab485.6M381.8M655.9M276.8M249.1M357.5M
Net Tangible Assets(1.3B)(332.9M)151.2M2.7B3.1B3.3B
Property Plant And Equipment Net407.1M403.8M748.7M714.5M821.7M558.9M
Net Debt620.0M2.1B4.6B(238.0M)(214.2M)(203.5M)
Accounts Payable129.4M161.2M243.6M209.8M241.3M153.3M
Cash182.0M145.4M295.3M240.6M276.7M191.6M
Non Current Assets Total3.5B4.9B9.6B9.1B10.5B5.9B
Non Currrent Assets Other578.7M573.1M928.5M942.2M1.1B605.7M
Other Assets179.2M161.2M627.1M148.6M170.9M282.7M
Cash And Short Term Investments182.0M145.4M295.3M240.6M276.7M191.6M
Net Receivables1.2B1.4B1.9B1.9B2.2B1.5B
Good Will1.8B2.9B5.1B5.0B5.7B3.2B
Liabilities And Stockholders Equity5.0B6.7B12.5B12.0B13.8B8.0B
Non Current Liabilities Total1.5B2.8B6.3B6.0B6.8B7.2B
Other Current Assets153.1M218.5M674.4M675.1M776.4M815.2M
Other Stockholder Equity2.3B2.2B3.3B3.3B3.8B2.6B
Total Liab2.4B4.0B8.3B8.0B9.1B5.1B
Net Invested Capital3.4B4.9B9.1B8.8B10.1B5.8B
Property Plant And Equipment Gross407.1M403.8M1.5B1.7B2.0B2.0B
Short Long Term Debt2.0B33.8M2.3M2.5M2.3M2.2M
Total Current Assets1.5B1.8B2.9B2.8B3.3B2.0B
Accumulated Other Comprehensive Income(70.5M)(315.7M)(191.7M)(414.3M)(372.9M)(354.2M)
Non Current Liabilities Other546.4M512.0M920.5M910.3M1.0B635.1M
Net Working Capital574.9M622.2M784.6M846.6M973.6M1.0B
Short Term Debt153.3M158.8M231.3M2.5M2.3M2.2M
Intangible Assets655.5M985.6M2.8B2.3B2.6B1.5B
Common Stock1.5B2.3B5K7K6.3K6.0K
Property Plant Equipment411.5M958.0M407.1M403.8M363.4M416.0M
Retained Earnings392.5M774.1M1.0B1.2B1.4B744.2M
Long Term Debt802.0M2.2B4.9B4.7B5.4B3.0B

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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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)
Earnings Share
3.71
Revenue Per Share
146.1
Quarterly Revenue Growth
0.462
Return On Assets
0.0461
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.