Hinduja Total Assets vs Cash Analysis

HGS Stock   683.65  18.75  2.67%   
Hinduja Global financial indicator trend analysis is much more than just examining Hinduja Global Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hinduja Global Solutions is a good investment. Please check the relationship between Hinduja Global Total Assets and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hinduja Global Solutions. 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 Assets vs Cash

Total Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hinduja Global Solutions Total Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hinduja Global's Total Assets and Cash is 0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Hinduja Global Solutions, assuming nothing else is changed. The correlation between historical values of Hinduja Global's Total Assets and Cash 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 Assets of Hinduja Global Solutions are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Hinduja Global's Total Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Hinduja Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hinduja Global Solutions books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Hinduja Global Solutions, which is listed under current asset account on Hinduja Global Solutions balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hinduja Global customers. The amounts must be unrestricted with restricted cash listed in a different Hinduja Global account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Hinduja Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hinduja Global Solutions 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 Hinduja Global Solutions. 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.
The current year's Selling General Administrative is expected to grow to about 2.1 B, whereas Tax Provision is projected to grow to (196.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit5.4B44.7B13.8B12.7B
Total Revenue32.6B45.1B45.9B29.7B

Hinduja Global fundamental ratios Correlations

0.850.950.990.730.140.980.680.630.980.820.410.880.730.340.810.250.59-0.420.890.990.440.960.680.980.75
0.850.760.870.49-0.230.880.860.860.760.550.480.920.380.350.750.10.58-0.570.680.90.160.80.380.770.49
0.950.760.90.80.390.890.540.450.90.790.440.860.750.340.860.320.34-0.360.960.960.450.90.850.940.9
0.990.870.90.630.011.00.690.70.970.790.370.890.70.30.790.140.67-0.430.810.970.430.960.560.950.68
0.730.490.80.630.550.60.540.230.750.70.520.470.550.50.470.790.26-0.320.920.690.230.690.860.810.68
0.14-0.230.390.010.550.0-0.35-0.60.150.330.020.00.40.070.270.46-0.530.160.50.130.230.10.780.230.66
0.980.880.891.00.60.00.680.690.950.790.340.90.660.290.810.10.65-0.450.80.970.40.930.550.940.68
0.680.860.540.690.54-0.350.680.850.640.410.570.610.160.550.370.380.7-0.630.560.69-0.080.640.210.670.16
0.630.860.450.70.23-0.60.690.850.590.320.40.690.240.260.420.030.74-0.40.380.650.150.640.020.540.09
0.980.760.90.970.750.150.950.640.590.830.390.770.770.310.70.290.67-0.360.860.930.480.960.650.980.69
0.820.550.790.790.70.330.790.410.320.830.310.660.630.210.70.30.41-0.30.770.770.480.80.670.820.7
0.410.480.440.370.520.020.340.570.40.390.310.330.210.260.20.380.28-0.350.470.40.030.420.310.430.27
0.880.920.860.890.470.00.90.610.690.770.660.330.560.220.94-0.010.38-0.430.740.940.360.820.550.780.72
0.730.380.750.70.550.40.660.160.240.770.630.210.560.090.590.220.250.160.720.680.720.80.690.710.72
0.340.350.340.30.50.070.290.550.260.310.210.260.220.090.170.470.21-0.260.430.35-0.090.250.290.430.15
0.810.750.860.790.470.270.810.370.420.70.70.20.940.590.17-0.010.13-0.330.750.880.390.730.680.720.85
0.250.10.320.140.790.460.10.380.030.290.30.38-0.010.220.47-0.010.01-0.080.560.21-0.010.250.580.360.21
0.590.580.340.670.26-0.530.650.70.740.670.410.280.380.250.210.130.01-0.390.280.510.160.61-0.080.59-0.01
-0.42-0.57-0.36-0.43-0.320.16-0.45-0.63-0.4-0.36-0.3-0.35-0.430.16-0.26-0.33-0.08-0.39-0.33-0.450.47-0.29-0.11-0.44-0.16
0.890.680.960.810.920.50.80.560.380.860.770.470.740.720.430.750.560.28-0.330.890.390.850.920.910.86
0.990.90.960.970.690.130.970.690.650.930.770.40.940.680.350.880.210.51-0.450.890.390.930.680.940.78
0.440.160.450.430.230.230.4-0.080.150.480.480.030.360.72-0.090.39-0.010.160.470.390.390.540.410.380.51
0.960.80.90.960.690.10.930.640.640.960.80.420.820.80.250.730.250.61-0.290.850.930.540.640.920.7
0.680.380.850.560.860.780.550.210.020.650.670.310.550.690.290.680.58-0.08-0.110.920.680.410.640.710.91
0.980.770.940.950.810.230.940.670.540.980.820.430.780.710.430.720.360.59-0.440.910.940.380.920.710.74
0.750.490.90.680.680.660.680.160.090.690.70.270.720.720.150.850.21-0.01-0.160.860.780.510.70.910.74
Click cells to compare fundamentals

Hinduja Global Account Relationship Matchups

Hinduja Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.7B43.4B97.2B113.6B111.2B116.8B
Other Current Liab3.4B3.9B12.8B5.8B7.2B7.5B
Total Current Liabilities10.9B11.8B16.2B18.9B27.5B28.8B
Total Stockholder Equity17.2B20.8B78.1B85.6B74.9B78.6B
Property Plant And Equipment Net13.2B11.7B5.4B12.5B12.3B12.9B
Net Debt9.2B6.5B(17.4B)(1.1B)14.3B15.0B
Retained Earnings9.0B12.1B68.4B70.0B64.3B67.5B
Accounts Payable2.8B3.8B6.3B4.2B3.0B2.0B
Cash5.3B5.3B20.5B11.1B6.7B5.5B
Non Current Assets Total20.2B18.4B37.5B62.9B47.3B49.6B
Non Currrent Assets Other1.8B1.2B2.1B5.5B5.0B5.3B
Other Assets2.8B2.6B2.8B2.5B2.8B1.8B
Cash And Short Term Investments5.4B5.3B35.1B13.1B30.4B31.9B
Good Will3.4B3.4B3.2B9.5B9.6B10.1B
Common Stock Shares Outstanding41.7M83.6M52.5M52.5M48.4M49.9M
Short Term Investments55.4M48.2M14.6B2.0B22.2B23.3B
Liabilities And Stockholders Equity40.7B43.4B97.2B113.6B111.2B116.8B
Non Current Liabilities Total12.5B10.8B2.9B7.5B7.4B4.9B
Other Current Assets794.4M1.9B26.2B39.1B2.0B1.9B
Other Stockholder Equity125.6M131.0M(5.2B)153.0M1.00.95
Total Liab23.4B22.6B19.1B26.5B34.8B36.6B
Total Current Assets20.5B25.1B59.7B50.8B64.0B67.2B
Accumulated Other Comprehensive Income(4.5B)8.4B11.8B14.8B10.1B10.6B
Intangible Assets817.2M686.4M1.4B6.1B5.6B5.9B
Common Stock208.7M208.8M418.0M525.2M465.2M488.5M
Short Long Term Debt Total14.5B11.8B3.1B10.0B21.1B22.1B
Net Receivables14.3B17.8B23.4B36.4B31.4B33.0B
Short Term Debt4.2B3.2B2.3B4.7B15.1B15.8B
Current Deferred Revenue(4.2B)4.7B9.6B9.3B1.1B1.0B
Other Liab2.2B2.3B642.8M2.3B2.7B2.8B
Net Tangible Assets13.0B16.8B73.5B69.9B80.4B84.4B
Long Term Debt3.0B1.9B1.3B944.0M1.3B2.4B
Short Long Term Debt3.0B1.0B34.6M2.3B11.7B12.3B
Property Plant Equipment13.2B11.7B5.4B12.5B14.3B8.1B
Long Term Debt Total10.3B8.6B2.3B5.2B6.0B5.7B
Capital Surpluse125.6M131.0M142.6M153.0M176.0M123.1M
Capital Lease Obligations8.4B7.9B3.0B6.8B8.0B4.7B
Net Invested Capital23.2B23.8B78.1B88.8B87.9B54.2B

Also Currently Popular

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.

Other Information on Investing in Hinduja Stock

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