Concentrix Total Liab vs Intangible Assets Analysis
CNXC Stock | USD 43.72 4.16 10.52% |
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 Liab and its Intangible 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 Liab vs Intangible Assets
Total Liab vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concentrix Total Liab account and Intangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Concentrix's Total Liab and Intangible Assets is 1.0. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible 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 Liab and Intangible 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 Liab of Concentrix are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., Concentrix's Total Liab and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 70.1M | 201.0M | 231.2M | 242.7M | Depreciation And Amortization | 309.5M | 388.3M | 446.5M | 290.5M |
Concentrix fundamental ratios Correlations
Click cells to compare fundamentals
Concentrix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Concentrix fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.0B | 6.7B | 12.5B | 14.4B | 15.1B | |
Short Long Term Debt Total | 1.1B | 802.0M | 2.2B | 4.9B | 5.7B | 6.0B | |
Other Current Liab | 650.6M | 651.7M | 743.5M | 1.5B | 1.7B | 909.4M | |
Total Current Liabilities | 1.0B | 968.2M | 1.1B | 2.1B | 1.9B | 1.5B | |
Total Stockholder Equity | 2.3B | 2.6B | 2.7B | 4.1B | 4.8B | 2.7B | |
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 | 451.6M | 407.1M | 403.8M | 748.7M | 861.0M | 521.1M | |
Net Debt | 992.5M | 620.0M | 2.1B | 4.6B | 5.3B | 5.6B | |
Accounts Payable | 140.6M | 129.4M | 161.2M | 243.6M | 280.1M | 140.4M | |
Cash | 152.7M | 182.0M | 145.4M | 295.3M | 339.6M | 179.4M | |
Non Current Assets Total | 3.8B | 3.5B | 4.9B | 9.6B | 11.1B | 11.6B | |
Non Currrent Assets Other | 620.1M | 578.7M | 573.1M | 928.5M | 1.1B | 533.9M | |
Other Assets | 179.2M | 161.2M | 627.1M | 148.6M | 170.9M | 282.7M | |
Cash And Short Term Investments | 152.7M | 182.0M | 145.4M | 295.3M | 339.6M | 179.4M | |
Net Receivables | 1.1B | 1.2B | 1.4B | 1.9B | 2.2B | 1.4B | |
Good Will | 1.8B | 1.8B | 2.9B | 5.1B | 5.8B | 6.1B | |
Liabilities And Stockholders Equity | 5.2B | 5.0B | 6.7B | 12.5B | 14.4B | 15.1B | |
Non Current Liabilities Total | 1.9B | 1.5B | 2.8B | 6.3B | 7.2B | 7.6B | |
Other Current Assets | 189.2M | 153.1M | 218.5M | 674.4M | 775.6M | 814.4M | |
Other Stockholder Equity | 2.3B | 2.3B | 2.2B | 3.3B | 3.8B | 2.4B | |
Total Liab | 2.9B | 2.4B | 4.0B | 8.3B | 9.6B | 10.1B | |
Net Invested Capital | 3.4B | 3.4B | 4.9B | 9.1B | 10.4B | 11.0B | |
Property Plant And Equipment Gross | 451.6M | 407.1M | 403.8M | 1.5B | 1.8B | 1.9B | |
Total Current Assets | 1.4B | 1.5B | 1.8B | 2.9B | 3.3B | 1.9B | |
Accumulated Other Comprehensive Income | (3.8M) | (70.5M) | (315.7M) | (191.7M) | (172.6M) | (181.2M) | |
Non Current Liabilities Other | 601.9M | 546.4M | 512.0M | 920.5M | 1.1B | 574.1M | |
Net Working Capital | 414.7M | 574.9M | 622.2M | 784.6M | 902.3M | 947.4M | |
Short Term Debt | 196.8M | 153.3M | 158.8M | 231.3M | 208.2M | 197.8M | |
Intangible Assets | 799.0M | 655.5M | 985.6M | 2.8B | 3.2B | 3.4B | |
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 |
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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.