Concentrix Total Current Liabilities vs Total Current Assets 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 Total Current Liabilities and its Total Current Assets 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.

Total Current Liabilities vs Total Current Assets

Total Current Liabilities vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concentrix Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Concentrix's Total Current Liabilities and Total Current Assets is -0.44. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Concentrix, assuming nothing else is changed. The correlation between historical values of Concentrix's Total Current Liabilities and Total Current 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 Total Current Liabilities of Concentrix are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Concentrix's Total Current Liabilities and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Concentrix balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Concentrix 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 Expense	201.0M	370.1M	388.6M
Depreciation And Amortization	388.3M	446.5M	290.5M

Interest Expense Depreciation And Amortization

Concentrix fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Common Stock Shares Outstanding		0.84	-0.6	0.9	-0.3	0.78	-0.59	0.68	0.85	-0.62	0.7	0.72	0.83	0.74	-0.07	0.72	0.86	0.84	0.77	0.57	0.81	0.79	0.83	0.84	0.82	-0.52
Total Assets	0.84		-0.19	0.98	-0.39	0.95	-0.74	0.85	0.98	-0.22	0.91	0.94	1.0	0.9	-0.14	0.94	0.99	1.0	0.91	0.7	0.9	0.94	0.98	1.0	0.88	-0.69
Short Long Term Debt Total	-0.6	-0.19		-0.25	0.43	-0.29	0.01	-0.33	-0.19	1.0	-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	-0.39	0.38
Other Current Liab	0.9	0.98	-0.25		-0.25	0.89	-0.71	0.76	0.99	-0.29	0.83	0.89	0.98	0.82	-0.18	0.89	0.96	0.98	0.86	0.59	0.88	0.88	0.99	0.98	0.88	-0.57
Total Current Liabilities	-0.3	-0.39	0.43	-0.25		-0.65	0.19	-0.71	-0.3	0.45	-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	-0.38	0.93
Total Stockholder Equity	0.78	0.95	-0.29	0.89	-0.65		-0.63	0.92	0.91	-0.33	0.99	0.95	0.94	0.99	0.09	0.95	0.98	0.95	0.92	0.88	0.86	1.0	0.88	0.93	0.84	-0.87
Other Liab	-0.59	-0.74	0.01	-0.71	0.19	-0.63		-0.68	-0.7	0.04	-0.65	-0.59	-0.75	-0.6	0.67	-0.59	-0.71	-0.76	-0.69	-0.46	-0.67	-0.62	-0.77	-0.76	-0.64	0.43
Net Tangible Assets	0.68	0.85	-0.33	0.76	-0.71	0.92	-0.68		0.77	-0.36	0.93	0.83	0.84	0.91	0.07	0.83	0.9	0.86	0.95	0.91	0.86	0.91	0.77	0.83	0.84	-0.89
Property Plant And Equipment Net	0.85	0.98	-0.19	0.99	-0.3	0.91	-0.7	0.77		-0.23	0.86	0.93	0.98	0.85	-0.16	0.93	0.95	0.97	0.88	0.64	0.9	0.9	0.98	0.98	0.9	-0.62
Net Debt	-0.62	-0.22	1.0	-0.29	0.45	-0.33	0.04	-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	-0.42	0.41
Accounts Payable	0.7	0.91	-0.23	0.83	-0.72	0.99	-0.65	0.93	0.86	-0.27		0.93	0.91	0.99	0.07	0.93	0.94	0.91	0.91	0.92	0.81	0.99	0.83	0.89	0.79	-0.92
Cash	0.72	0.94	-0.13	0.89	-0.5	0.95	-0.59	0.83	0.93	-0.18	0.93		0.94	0.92	0.09	1.0	0.94	0.92	0.89	0.78	0.84	0.94	0.9	0.93	0.84	-0.77
Non Current Assets Total	0.83	1.0	-0.17	0.98	-0.37	0.94	-0.75	0.84	0.98	-0.21	0.91	0.94		0.89	-0.16	0.94	0.98	1.0	0.9	0.69	0.9	0.93	0.99	1.0	0.88	-0.68
Non Currrent Assets Other	0.74	0.9	-0.34	0.82	-0.75	0.99	-0.6	0.91	0.85	-0.38	0.99	0.92	0.89		0.13	0.92	0.93	0.89	0.9	0.93	0.8	0.99	0.81	0.87	0.79	-0.93
Other Assets	-0.07	-0.14	-0.32	-0.18	-0.46	0.09	0.67	0.07	-0.16	-0.33	0.07	0.09	-0.16	0.13		0.09	-0.04	-0.16	0.0	0.31	-0.07	0.09	-0.26	-0.17	-0.04	-0.31
Cash And Short Term Investments	0.72	0.94	-0.13	0.89	-0.5	0.95	-0.59	0.83	0.93	-0.18	0.93	1.0	0.94	0.92	0.09		0.94	0.92	0.89	0.78	0.84	0.94	0.9	0.93	0.84	-0.77
Net Receivables	0.86	0.99	-0.28	0.96	-0.5	0.98	-0.71	0.9	0.95	-0.32	0.94	0.94	0.98	0.93	-0.04	0.94		0.99	0.93	0.78	0.89	0.96	0.95	0.98	0.88	-0.76
Good Will	0.84	1.0	-0.19	0.98	-0.39	0.95	-0.76	0.86	0.97	-0.23	0.91	0.92	1.0	0.89	-0.16	0.92	0.99		0.91	0.7	0.89	0.93	0.98	1.0	0.88	-0.69
Non Current Liabilities Total	0.77	0.91	-0.34	0.86	-0.57	0.92	-0.69	0.95	0.88	-0.38	0.91	0.89	0.9	0.9	0.0	0.89	0.93	0.91		0.84	0.97	0.92	0.86	0.9	0.96	-0.81
Inventory	0.57	0.7	-0.42	0.59	-0.92	0.88	-0.46	0.91	0.64	-0.46	0.92	0.78	0.69	0.93	0.31	0.78	0.78	0.7	0.84		0.71	0.89	0.57	0.67	0.7	-0.99
Other Current Assets	0.81	0.9	-0.34	0.88	-0.39	0.86	-0.67	0.86	0.9	-0.37	0.81	0.84	0.9	0.8	-0.07	0.84	0.89	0.89	0.97	0.71		0.85	0.88	0.89	1.0	-0.66
Other Stockholder Equity	0.79	0.94	-0.33	0.88	-0.68	1.0	-0.62	0.91	0.9	-0.37	0.99	0.94	0.93	0.99	0.09	0.94	0.96	0.93	0.92	0.89	0.85		0.86	0.92	0.84	-0.89
Total Liab	0.83	0.98	-0.12	0.99	-0.22	0.88	-0.77	0.77	0.98	-0.15	0.83	0.9	0.99	0.81	-0.26	0.9	0.95	0.98	0.86	0.57	0.88	0.86		0.99	0.87	-0.55
Net Invested Capital	0.84	1.0	-0.17	0.98	-0.34	0.93	-0.76	0.83	0.98	-0.21	0.89	0.93	1.0	0.87	-0.17	0.93	0.98	1.0	0.9	0.67	0.89	0.92	0.99		0.88	-0.65
Property Plant And Equipment Gross	0.82	0.88	-0.39	0.88	-0.38	0.84	-0.64	0.84	0.9	-0.42	0.79	0.84	0.88	0.79	-0.04	0.84	0.88	0.88	0.96	0.7	1.0	0.84	0.87	0.88		-0.65
Short Long Term Debt	-0.52	-0.69	0.38	-0.57	0.93	-0.87	0.43	-0.89	-0.62	0.41	-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

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Concentrix Account Relationship Matchups

Concentrix fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	51.9M	51.7M	54.0M	65.1M	74.8M	59.0M
Total Assets	5.0B	6.7B	12.5B	12.0B	13.8B	8.0B
Short Long Term Debt Total	802.0M	2.2B	4.9B	2.5M	2.9M	2.8M
Other Current Liab	651.7M	743.5M	1.5B	1.7B	1.9B	1.0B
Total Current Liabilities	968.2M	1.1B	2.1B	2.0B	1.8B	1.5B
Total Stockholder Equity	2.6B	2.7B	4.1B	4.0B	4.6B	2.9B
Other Liab	485.6M	381.8M	655.9M	276.8M	249.1M	357.5M
Net Tangible Assets	(1.3B)	(332.9M)	151.2M	2.7B	3.1B	3.3B
Property Plant And Equipment Net	407.1M	403.8M	748.7M	714.5M	821.7M	558.9M
Net Debt	620.0M	2.1B	4.6B	(238.0M)	(214.2M)	(203.5M)
Accounts Payable	129.4M	161.2M	243.6M	209.8M	241.3M	153.3M
Cash	182.0M	145.4M	295.3M	240.6M	276.7M	191.6M
Non Current Assets Total	3.5B	4.9B	9.6B	9.1B	10.5B	5.9B
Non Currrent Assets Other	578.7M	573.1M	928.5M	942.2M	1.1B	605.7M
Other Assets	179.2M	161.2M	627.1M	148.6M	170.9M	282.7M
Cash And Short Term Investments	182.0M	145.4M	295.3M	240.6M	276.7M	191.6M
Net Receivables	1.2B	1.4B	1.9B	1.9B	2.2B	1.5B
Good Will	1.8B	2.9B	5.1B	5.0B	5.7B	3.2B
Liabilities And Stockholders Equity	5.0B	6.7B	12.5B	12.0B	13.8B	8.0B
Non Current Liabilities Total	1.5B	2.8B	6.3B	6.0B	6.8B	7.2B
Other Current Assets	153.1M	218.5M	674.4M	675.1M	776.4M	815.2M
Other Stockholder Equity	2.3B	2.2B	3.3B	3.3B	3.8B	2.6B
Total Liab	2.4B	4.0B	8.3B	8.0B	9.1B	5.1B
Net Invested Capital	3.4B	4.9B	9.1B	8.8B	10.1B	5.8B
Property Plant And Equipment Gross	407.1M	403.8M	1.5B	1.7B	2.0B	2.0B
Short Long Term Debt	2.0B	33.8M	2.3M	2.5M	2.3M	2.2M
Total Current Assets	1.5B	1.8B	2.9B	2.8B	3.3B	2.0B
Accumulated Other Comprehensive Income	(70.5M)	(315.7M)	(191.7M)	(414.3M)	(372.9M)	(354.2M)
Non Current Liabilities Other	546.4M	512.0M	920.5M	910.3M	1.0B	635.1M
Net Working Capital	574.9M	622.2M	784.6M	846.6M	973.6M	1.0B
Short Term Debt	153.3M	158.8M	231.3M	2.5M	2.3M	2.2M
Intangible Assets	655.5M	985.6M	2.8B	2.3B	2.6B	1.5B
Common Stock	1.5B	2.3B	5K	7K	6.3K	6.0K
Property Plant Equipment	411.5M	958.0M	407.1M	403.8M	363.4M	416.0M
Retained Earnings	392.5M	774.1M	1.0B	1.2B	1.4B	744.2M
Long Term Debt	802.0M	2.2B	4.9B	4.7B	5.4B	3.0B

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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:

How To Invest In Concentrix

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Is Concentrix Stock a good investment?

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What is Concentrix's Net Worth?

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Largest Data Processing & Outsourced Services Companies

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Largest Commercial & Professional Services Companies

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Concentrix Total Current Liabilities vs Total Current Assets Analysis

Total Current Liabilities vs Total Current Assets

Total Current Liabilities vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Total Current Assets

Concentrix fundamental ratios Correlations

Concentrix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Concentrix fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Short Long Term Debt	- 0.99	Inventory
Short Long Term Debt	- 0.93	Non Currrent Assets Other
Short Long Term Debt	- 0.92	Accounts Payable
Inventory	- 0.92	Total Current Liabilities
Short Long Term Debt	- 0.89	Other Stockholder Equity
Short Long Term Debt	- 0.89	Net Tangible Assets