Happiest Net Receivables vs Other Stockholder Equity Analysis

HAPPSTMNDS   716.15  5.35  0.74%   
Happiest Minds financial indicator trend analysis is much more than just examining Happiest Minds Techn latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Happiest Minds Techn is a good investment. Please check the relationship between Happiest Minds Net Receivables and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Happiest Minds Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Happiest Minds Techn Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Happiest Minds' Net Receivables and Other Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Happiest Minds Technologies, assuming nothing else is changed. The correlation between historical values of Happiest Minds' Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Happiest Minds Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Happiest Minds' Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Other Stockholder Equity

Most indicators from Happiest Minds' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Happiest Minds Techn 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Happiest Minds Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Happiest Minds' Tax Provision is very stable compared to the past year. As of the 26th of February 2025, Issuance Of Capital Stock is likely to grow to about 5.9 B, while Selling General Administrative is likely to drop about 117.3 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses3.1B6.6B7.6B7.9B
Cost Of Revenue8.1B10.2B11.8B12.4B

Happiest Minds fundamental ratios Correlations

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0.980.980.860.920.950.950.970.920.990.960.960.820.970.980.690.980.97-0.010.930.930.950.980.930.930.85
0.60.640.810.770.490.550.620.420.620.640.570.370.630.580.690.580.62-0.410.560.540.740.60.520.590.75
1.00.970.780.870.990.950.950.960.980.970.950.90.961.00.980.580.960.080.920.970.911.00.940.930.79
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0.080.09-0.27-0.020.110.270.140.110.0-0.080.150.320.120.06-0.01-0.410.080.090.260.110.010.060.18-0.210.03
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0.970.90.690.80.980.90.870.920.920.940.870.950.930.970.930.540.970.880.110.850.830.980.850.870.72
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0.930.910.850.80.920.830.880.930.940.950.90.720.90.930.930.590.930.91-0.210.840.870.840.920.890.69
0.820.870.740.980.70.870.880.650.830.770.840.660.80.790.850.750.790.870.030.820.720.970.80.790.69
Click cells to compare fundamentals

Happiest Minds Account Relationship Matchups

Happiest Minds fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.2B11.3B16.4B22.5B25.8B27.1B
Short Long Term Debt Total1.9B2.5B5.3B5.1B5.9B6.2B
Other Current Liab831.5M991.2M1.2B1.1B1.2B628.2M
Total Current Liabilities2.8B3.7B5.8B5.7B6.5B6.8B
Total Stockholder Equity5.5B6.7B8.4B14.8B17.0B17.9B
Property Plant And Equipment Net223.3M546.8M1.9B1.9B2.2B2.4B
Net Debt1.1B1.8B4.6B4.0B4.6B4.8B
Retained Earnings1.1B2.2B3.9B5.5B6.3B6.6B
Accounts Payable410.1M607.2M705.2M791.5M910.2M955.7M
Cash858.3M672.9M699.9M1.1B1.3B1.4B
Non Current Assets Total1.8B2.0B5.7B4.7B5.4B5.7B
Non Currrent Assets Other214M139.5M368.7M11.3B13.0B13.6B
Other Assets232M316.6M209.2M493.3M567.3M595.7M
Cash And Short Term Investments5.1B6.2B8.1B12.3B14.1B14.8B
Net Receivables1.9B2.7B3.5B3.9B4.4B4.7B
Common Stock Shares Outstanding141.9M144.4M144.3M148.5M170.7M122.8M
Short Term Investments4.2B5.5B7.4B11.1B12.8B13.4B
Liabilities And Stockholders Equity9.2B11.3B16.4B22.5B25.8B27.1B
Non Current Liabilities Total971.7M922M2.3B2.0B2.3B2.4B
Inventory(3.9B)(4.6B)(36.3M)31.9M28.7M30.1M
Other Current Assets574.9M311.6M2.0B1.6B1.9B1.9B
Other Stockholder Equity4.0B4.1B4.2B9.0B10.4B10.9B
Total Liab3.8B4.6B8.0B7.7B8.8B9.3B
Total Current Assets7.4B9.3B10.7B17.8B20.4B21.5B
Accumulated Other Comprehensive Income75.8M74.8M39.6M(32.3M)(37.1M)(35.3M)
Intangible Assets296.6M243.1M1.0B780.8M897.9M942.8M
Common Stock283.7M285.4M286.6M298.7M343.5M360.7M
Short Term Debt1.4B1.9B3.7B3.6B4.2B4.4B
Other Liab125.5M483.3M337.7M581.8M669.1M702.5M
Net Tangible Assets2.2B4.4B5.6B6.0B6.9B7.2B
Property Plant Equipment309.9M223.3M546.8M1.9B2.2B2.3B
Current Deferred Revenue745.7M907.1M1.1B182.5M209.9M335.0M
Long Term Debt366.1M172.4M1.1B1.0B1.2B1.3B
Good Will764.4M789.6M1.4B1.4B1.6B1.7B
Capital Lease Obligations264.5M591.1M662M698.2M802.9M566.0M
Net Invested Capital6.9B8.6B13.1B19.2B22.1B23.2B
Short Long Term Debt1.1B1.7B3.5B3.4B3.9B4.1B
Net Working Capital4.7B5.6B5.0B12.1B13.9B14.6B
Capital Stock283.7M285.4M286.6M298.7M343.5M238.7M
Property Plant And Equipment Gross261.6M589.5M1.9B1.9B2.2B2.4B

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Other Information on Investing in Happiest Stock

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