Cyient Total Current Liabilities vs Other Current Assets Analysis

CYIENT Stock   1,858  30.20  1.60%   
Cyient financial indicator trend analysis is way more than just evaluating Cyient Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cyient Limited is a good investment. Please check the relationship between Cyient Total Current Liabilities and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cyient Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Other Current Assets

Total Current Liabilities vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cyient Limited Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cyient's Total Current Liabilities and Other Current Assets is 0.82. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Cyient Limited, assuming nothing else is changed. The correlation between historical values of Cyient's Total Current Liabilities and Other 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 Cyient Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., Cyient's Total Current Liabilities and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

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

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Cyient's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cyient Limited 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 Cyient Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of November 28, 2024, Selling General Administrative is expected to decline to about 179.6 M. In addition to that, Tax Provision is expected to decline to about 1.6 B
 2021 2022 2023 2024 (projected)
Interest Expense393M1B1.2B1.2B
Depreciation And Amortization1.9B2.6B2.7B2.8B

Cyient fundamental ratios Correlations

0.920.770.980.990.760.680.560.980.980.350.980.00.530.970.490.440.940.970.9-0.670.970.820.710.450.95
0.920.750.970.860.820.750.650.890.920.30.93-0.140.620.830.250.720.980.920.73-0.70.980.790.860.280.91
0.770.750.730.740.660.30.650.810.690.040.8-0.130.320.650.30.470.790.80.73-0.520.760.510.560.260.77
0.980.970.730.940.780.770.590.940.980.360.960.00.60.930.40.570.970.950.82-0.691.00.840.790.390.94
0.990.860.740.940.750.640.450.980.970.420.950.060.540.960.570.340.890.940.9-0.620.930.820.650.530.91
0.760.820.660.780.750.640.270.780.730.550.72-0.10.740.620.240.650.760.70.5-0.490.780.870.870.440.64
0.680.750.30.770.640.640.210.60.710.560.610.060.750.650.350.60.70.590.38-0.440.750.760.670.440.58
0.560.650.650.590.450.270.210.530.53-0.520.7-0.48-0.150.52-0.080.420.730.690.64-0.550.640.190.37-0.180.77
0.980.890.810.940.980.780.60.530.950.360.96-0.030.510.920.430.390.910.960.9-0.710.940.790.690.390.92
0.980.920.690.980.970.730.710.530.950.380.960.070.560.960.450.450.930.950.86-0.680.970.830.740.430.93
0.350.30.040.360.420.550.56-0.520.360.380.180.460.860.30.430.240.190.180.05-0.10.30.620.470.550.07
0.980.930.80.960.950.720.610.70.960.960.18-0.130.410.940.40.460.970.980.91-0.690.970.730.70.350.99
0.0-0.14-0.130.00.06-0.10.06-0.48-0.030.070.46-0.130.360.070.55-0.11-0.19-0.14-0.130.22-0.070.16-0.090.52-0.19
0.530.620.320.60.540.740.75-0.150.510.560.860.410.360.430.390.670.50.410.14-0.210.570.740.750.550.31
0.970.830.650.930.960.620.650.520.920.960.30.940.070.430.560.30.880.930.92-0.590.920.780.570.490.93
0.490.250.30.40.570.240.35-0.080.430.450.430.40.550.390.56-0.020.290.360.420.070.360.380.060.930.34
0.440.720.470.570.340.650.60.420.390.450.240.46-0.110.670.3-0.020.640.430.1-0.260.60.490.780.140.43
0.940.980.790.970.890.760.70.730.910.930.190.97-0.190.50.880.290.640.950.81-0.680.990.740.790.280.96
0.970.920.80.950.940.70.590.690.960.950.180.98-0.140.410.930.360.430.950.92-0.680.960.730.690.310.96
0.90.730.730.820.90.50.380.640.90.860.050.91-0.130.140.920.420.10.810.92-0.640.820.580.420.280.92
-0.67-0.7-0.52-0.69-0.62-0.49-0.44-0.55-0.71-0.68-0.1-0.690.22-0.21-0.590.07-0.26-0.68-0.68-0.64-0.69-0.49-0.540.13-0.71
0.970.980.761.00.930.780.750.640.940.970.30.97-0.070.570.920.360.60.990.960.82-0.690.810.80.360.95
0.820.790.510.840.820.870.760.190.790.830.620.730.160.740.780.380.490.740.730.58-0.490.810.770.540.67
0.710.860.560.790.650.870.670.370.690.740.470.7-0.090.750.570.060.780.790.690.42-0.540.80.770.220.62
0.450.280.260.390.530.440.44-0.180.390.430.550.350.520.550.490.930.140.280.310.280.130.360.540.220.27
0.950.910.770.940.910.640.580.770.920.930.070.99-0.190.310.930.340.430.960.960.92-0.710.950.670.620.27
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Cyient Account Relationship Matchups

Cyient fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.8B44.9B47.9B65.5B70.0B73.5B
Short Long Term Debt Total6.7B5.8B5.7B12.2B7.9B8.3B
Other Current Liab7.1B1.4B1.7B4.4B6.3B6.6B
Total Current Liabilities11.1B11.1B12.6B20.2B16.6B17.4B
Total Stockholder Equity25.6B29.6B31.2B34.7B42.6B44.7B
Property Plant And Equipment Net7.7B7.3B6.9B7.3B7.7B4.3B
Current Deferred Revenue1.7B2.4B2.6B3.7B1.5B1.9B
Net Debt(2.3B)(8.6B)(6.4B)6.0B3.1B3.2B
Retained Earnings21.8B20.2B22.4B24.8B33.8B35.5B
Accounts Payable3.7B4.5B5.3B7.1B6.9B7.2B
Cash9.0B14.4B12.1B6.2B4.8B6.6B
Non Current Assets Total17.1B16.4B18.9B33.6B34.4B36.2B
Non Currrent Assets Other1.8B1.3B1.5B932M910M1.5B
Cash And Short Term Investments13.9B14.4B13.0B13.4B5.7B7.9B
Net Receivables7.3B10.3B10.3B15.4B17.0B17.8B
Common Stock Shares Outstanding110.0M110.0M109.9M110.1M110.7M119.7M
Short Term Investments4.9B3.1B866M7.2B758M720.1M
Liabilities And Stockholders Equity41.8B44.9B47.9B65.5B70.0B73.5B
Non Current Liabilities Total5.1B4.3B4.1B10.6B7.9B8.3B
Inventory2.3B1.6B2.8B4.4B4.7B4.9B
Other Current Assets1.5B2.2B2.8B4.2B8.3B8.7B
Other Stockholder Equity2.1B2.1B1.3B1.5B(366M)(347.7M)
Total Liab16.2B15.4B16.7B30.8B24.5B25.7B
Total Current Assets24.7B28.5B29.0B31.9B35.6B18.4B
Accumulated Other Comprehensive Income(5.1B)6.7B6.9B7.8B8.6B9.0B
Short Term Debt3.6B3.4B4.0B5.3B2.8B1.7B
Good Will5.4B5.8B6.2B16.4B16.7B17.5B
Intangible Assets1.4B1.4B477M5.1B4.4B4.6B
Other Liab1.9B1.9B2.4B3.7B4.3B4.5B
Net Tangible Assets18.8B22.4B24.5B13.3B15.2B19.4B
Other Assets2.0B1.6B1.7B844M970.6M1.7B
Short Long Term Debt2.9B2.3B3.2B4.4B1.7B2.2B
Property Plant Equipment7.7B7.3B6.9B7.3B8.4B5.4B
Long Term Debt859M453M23M4.9B2.8B2.9B
Long Term Debt Total3.2B2.4B1.8B6.9B7.9B8.3B
Capital Surpluse2.1B2.1B2.3B2.4B2.2B2.3B
Net Invested Capital29.3B32.3B34.4B44.0B47.1B38.1B
Non Current Liabilities Other48M24M166M261M300.2M315.2M

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Other Information on Investing in Cyient Stock

Balance Sheet is a snapshot of the financial position of Cyient Limited at a specified time, usually calculated after every quarter, six months, or one year. Cyient Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cyient 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 Cyient currently owns. An asset can also be divided into two categories, current and non-current.