HCLTECH Stock | | | 1,848 7.15 0.39% |
HCL Technologies financial indicator trend analysis is much more than just examining HCL Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HCL Technologies is a good investment. Please check the relationship between HCL Technologies Total Stockholder Equity and its Short Long Term Debt Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCL Technologies 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 income.
Total Stockholder Equity vs Short Long Term Debt Total
Total Stockholder Equity vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HCL Technologies Total Stockholder Equity account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between HCL Technologies' Total Stockholder Equity and Short Long Term Debt Total is 0.83. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of HCL Technologies Limited, assuming nothing else is changed. The correlation between historical values of HCL Technologies' Total Stockholder Equity and Short Long Term Debt 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 Total Stockholder Equity of HCL Technologies Limited are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., HCL Technologies' Total Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Short Long Term Debt Total
Most indicators from HCL Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HCL Technologies 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 HCL Technologies 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 income.
The HCL Technologies' current
Tax Provision is estimated to increase to about 55.2
B, while
Selling General Administrative is projected to decrease to under 12.4
B.
HCL Technologies fundamental ratios Correlations
Click cells to compare fundamentals
HCL Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HCL Technologies fundamental ratios Accounts
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Other Information on Investing in HCL Stock
Balance Sheet is a snapshot of the
financial position of HCL Technologies at a specified time, usually calculated after every quarter, six months, or one year. HCL Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HCL Technologies 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 HCL currently owns. An asset can also be divided into two categories, current and non-current.