Hinduja Total Current Assets vs Total Stockholder Equity Analysis

HGS Stock   614.85  1.35  0.22%   
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 Current Assets and its Total Stockholder Equity 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 Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hinduja Global Solutions Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hinduja Global's Total Current Assets and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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 Current Assets and Total 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 Total Current Assets of Hinduja Global Solutions are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Hinduja Global's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
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.
As of November 25, 2024, Selling General Administrative is expected to decline to about 346.8 M. The current year's Tax Provision is expected to grow to about (196.5 M)
 2021 2022 2023 2024 (projected)
Gross Profit5.4B44.7B14.1B12.7B
Total Revenue32.6B45.1B46.2B29.7B

Hinduja Global fundamental ratios Correlations

0.850.950.990.730.080.980.680.630.980.820.410.880.730.340.810.250.59-0.710.890.990.440.960.680.980.75
0.850.760.870.49-0.30.880.860.860.760.550.480.920.380.350.760.10.58-0.510.680.90.160.80.380.770.49
0.950.760.90.80.330.890.540.450.90.790.440.860.750.340.860.320.34-0.860.960.960.450.90.850.940.9
0.990.870.90.63-0.061.00.690.70.970.790.370.890.70.30.790.140.67-0.650.810.970.430.960.560.950.68
0.730.490.80.630.530.60.540.230.750.70.520.470.550.50.470.790.26-0.560.920.690.230.690.860.810.68
0.08-0.30.33-0.060.53-0.07-0.38-0.640.090.290.01-0.070.350.070.180.49-0.55-0.540.450.070.20.050.750.170.6
0.980.880.891.00.6-0.070.680.690.950.790.340.90.660.290.820.10.65-0.670.80.970.40.930.550.940.68
0.680.860.540.690.54-0.380.680.850.640.410.570.610.160.550.380.380.7-0.150.560.69-0.080.640.210.670.16
0.630.860.450.70.23-0.640.690.850.590.320.40.690.240.260.430.030.74-0.080.380.650.150.640.020.540.09
0.980.760.90.970.750.090.950.640.590.830.390.770.770.310.70.290.67-0.630.860.930.480.960.650.980.69
0.820.550.790.790.70.290.790.410.320.830.310.660.630.210.70.30.41-0.650.770.770.480.80.670.820.7
0.410.480.440.370.520.010.340.570.40.390.310.330.210.260.20.380.28-0.170.470.40.030.420.310.430.27
0.880.920.860.890.47-0.070.90.610.690.770.660.330.560.220.94-0.010.38-0.760.740.940.360.820.550.780.72
0.730.380.750.70.550.350.660.160.240.770.630.210.560.090.590.220.25-0.630.720.680.720.80.690.710.72
0.340.350.340.30.50.070.290.550.260.310.210.260.220.090.170.470.21-0.120.430.35-0.090.250.290.430.15
0.810.760.860.790.470.180.820.380.430.70.70.20.940.590.17-0.010.13-0.90.750.880.390.730.670.720.85
0.250.10.320.140.790.490.10.380.030.290.30.38-0.010.220.47-0.010.01-0.090.560.21-0.010.250.580.360.21
0.590.580.340.670.26-0.550.650.70.740.670.410.280.380.250.210.130.010.080.280.510.160.61-0.080.59-0.01
-0.71-0.51-0.86-0.65-0.56-0.54-0.67-0.15-0.08-0.63-0.65-0.17-0.76-0.63-0.12-0.9-0.090.08-0.78-0.76-0.35-0.63-0.83-0.68-0.96
0.890.680.960.810.920.450.80.560.380.860.770.470.740.720.430.750.560.28-0.780.890.390.850.920.910.86
0.990.90.960.970.690.070.970.690.650.930.770.40.940.680.350.880.210.51-0.760.890.390.930.680.940.78
0.440.160.450.430.230.20.4-0.080.150.480.480.030.360.72-0.090.39-0.010.16-0.350.390.390.540.410.380.51
0.960.80.90.960.690.050.930.640.640.960.80.420.820.80.250.730.250.61-0.630.850.930.540.640.920.7
0.680.380.850.560.860.750.550.210.020.650.670.310.550.690.290.670.58-0.08-0.830.920.680.410.640.710.91
0.980.770.940.950.810.170.940.670.540.980.820.430.780.710.430.720.360.59-0.680.910.940.380.920.710.74
0.750.490.90.680.680.60.680.160.090.690.70.270.720.720.150.850.21-0.01-0.960.860.780.510.70.910.74
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)12.3B12.9B
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 Investments55.4M48.2M14.6B2.0B21.6B22.7B
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)153.0M(64.3B)(61.1B)
Total Liab23.4B22.6B19.1B26.5B34.8B36.6B
Total Current Assets20.5B25.1B59.7B50.8B64.0B67.2B
Accumulated Other Comprehensive Income(4.5B)8.4B11.8B14.8B74.4B78.1B
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.