Infosys Non Currrent Assets Other vs Total Assets Analysis

INFY Stock   1,902  68.25  3.72%   
Infosys financial indicator trend analysis is infinitely more than just investigating Infosys Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infosys Limited is a good investment. Please check the relationship between Infosys Non Currrent Assets Other and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infosys 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.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infosys Limited Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Infosys' Non Currrent Assets Other and Total Assets is 0.73. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Infosys Limited, assuming nothing else is changed. The correlation between historical values of Infosys' Non Currrent Assets Other and Total 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 Non Currrent Assets Other of Infosys Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Infosys' Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Infosys 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 Infosys Limited 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.
Most indicators from Infosys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infosys 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infosys 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.
Selling General Administrative is likely to drop to about 532 M in 2024. Tax Provision is likely to drop to about 1.1 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit5.3B5.5B5.6B5.9B
Total Revenue16.3B18.2B18.6B19.5B

Infosys fundamental ratios Correlations

0.780.920.770.830.180.980.780.060.940.730.280.90.870.230.750.61-0.230.880.870.960.87-0.440.550.850.07
0.780.920.330.630.580.650.92-0.350.810.49-0.250.890.78-0.140.970.76-0.110.950.940.680.78-0.130.710.93-0.52
0.920.920.520.740.510.830.94-0.290.930.67-0.10.970.92-0.040.920.71-0.320.990.980.820.91-0.160.70.98-0.16
0.770.330.520.86-0.310.820.350.420.70.780.670.460.540.220.280.12-0.070.460.440.760.54-0.650.080.410.33
0.830.630.740.860.120.80.70.010.890.880.240.650.78-0.130.630.29-0.10.720.670.710.78-0.470.210.67-0.01
0.180.580.51-0.310.120.030.67-0.960.370.17-0.870.530.49-0.610.690.53-0.280.570.550.00.480.670.520.63-0.45
0.980.650.830.820.80.030.660.190.890.730.420.820.820.340.620.56-0.220.780.760.970.82-0.490.460.740.2
0.780.920.940.350.70.670.66-0.480.870.61-0.330.90.91-0.260.960.74-0.290.960.930.630.91-0.020.580.95-0.35
0.06-0.35-0.290.420.01-0.960.19-0.48-0.17-0.10.93-0.3-0.30.74-0.48-0.320.28-0.35-0.330.24-0.3-0.8-0.32-0.420.39
0.940.810.930.70.890.370.890.87-0.170.850.040.870.93-0.030.830.55-0.180.920.870.810.93-0.270.470.89-0.04
0.730.490.670.780.880.170.730.61-0.10.850.140.550.74-0.190.480.16-0.220.630.580.570.75-0.230.140.610.18
0.28-0.25-0.10.670.24-0.870.42-0.330.930.040.14-0.09-0.110.7-0.36-0.220.1-0.17-0.150.45-0.1-0.79-0.23-0.240.55
0.90.890.970.460.650.530.820.9-0.30.870.55-0.090.90.030.890.79-0.370.970.960.850.89-0.120.780.96-0.12
0.870.780.920.540.780.490.820.91-0.30.930.74-0.110.9-0.10.830.67-0.370.910.850.751.0-0.140.560.89-0.03
0.23-0.14-0.040.22-0.13-0.610.34-0.260.74-0.03-0.190.70.03-0.1-0.240.010.0-0.1-0.040.43-0.1-0.590.03-0.120.41
0.750.970.920.280.630.690.620.96-0.480.830.48-0.360.890.83-0.240.78-0.10.960.920.610.83-0.010.680.94-0.48
0.610.760.710.120.290.530.560.74-0.320.550.16-0.220.790.670.010.78-0.140.740.740.60.660.070.640.75-0.36
-0.23-0.11-0.32-0.07-0.1-0.28-0.22-0.290.28-0.18-0.220.1-0.37-0.370.0-0.1-0.14-0.27-0.33-0.25-0.36-0.15-0.33-0.32-0.4
0.880.950.990.460.720.570.780.96-0.350.920.63-0.170.970.91-0.10.960.74-0.270.980.780.9-0.120.710.99-0.25
0.870.940.980.440.670.550.760.93-0.330.870.58-0.150.960.85-0.040.920.74-0.330.980.790.84-0.120.730.98-0.24
0.960.680.820.760.710.00.970.630.240.810.570.450.850.750.430.610.6-0.250.780.790.75-0.540.570.740.15
0.870.780.910.540.780.480.820.91-0.30.930.75-0.10.891.0-0.10.830.66-0.360.90.840.75-0.140.550.88-0.02
-0.44-0.13-0.16-0.65-0.470.67-0.49-0.02-0.8-0.27-0.23-0.79-0.12-0.14-0.59-0.010.07-0.15-0.12-0.12-0.54-0.140.08-0.04-0.12
0.550.710.70.080.210.520.460.58-0.320.470.14-0.230.780.560.030.680.64-0.330.710.730.570.550.080.72-0.2
0.850.930.980.410.670.630.740.95-0.420.890.61-0.240.960.89-0.120.940.75-0.320.990.980.740.88-0.040.72-0.24
0.07-0.52-0.160.33-0.01-0.450.2-0.350.39-0.040.180.55-0.12-0.030.41-0.48-0.36-0.4-0.25-0.240.15-0.02-0.12-0.2-0.24
Click cells to compare fundamentals

Infosys Account Relationship Matchups

Infosys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.3B14.8B15.6B15.3B16.5B17.3B
Other Current Liab1.9B2.2B3.1B3.3B3.1B3.3B
Total Current Liabilities2.8B3.3B4.4B4.8B4.7B4.9B
Total Stockholder Equity8.6B10.4B9.9B9.2B10.6B6.2B
Property Plant And Equipment Net2.4B2.5B2.4B2.5B2.3B1.3B
Net Debt(1.9B)(2.8B)(1.7B)(471M)(771M)(809.6M)
Retained Earnings11.0B13.0B12.8B11.4B14.2B14.9B
Accounts Payable377M362M545M472M474M497.7M
Cash2.5B3.4B2.3B1.5B1.8B2.4B
Non Current Assets Total5.0B6.5B6.7B6.7B5.8B6.1B
Non Currrent Assets Other959M1.2B1.4B1.2B1.0B518.1M
Cash And Short Term Investments3.1B3.7B3.2B2.4B3.3B2.9B
Net Receivables3.4B3.7B4.5B5.4B6.4B6.8B
Common Stock Shares Outstanding4.4B4.3B4.3B4.2B4.1B4.8B
Liabilities And Stockholders Equity12.3B14.8B15.5B15.3B16.5B17.3B
Non Current Liabilities Total802M1.1B1.1B1.3B1.3B1.3B
Other Current Assets32M739M938M1.2B2.2B2.3B
Other Stockholder Equity(3.3B)10.4B(3.6B)(3.9B)(5.6B)(5.3B)
Total Liab3.6B4.3B5.6B6.1B5.9B6.2B
Property Plant And Equipment Gross2.4B2.5B4.6B4.6B4.5B4.7B
Total Current Assets7.2B8.3B8.9B8.6B10.7B11.3B
Accumulated Other Comprehensive Income592M910M1.2B1.4B1.6B1.7B
Property Plant Equipment2.4B2.6B2.4B206.8B237.8B249.7B
Current Deferred Revenue397M554M834M876M881M925.1M
Short Term Debt82M101M115M151M235M427.6M
Other Assets1.1B1.2B1.4B47.9B55.1B57.9B
Inventory966M16M19M25M43M40.9M
Intangible Assets251M283M225M213M167M95.7M
Good Will699M832M817M882M875M497.7M
Other Liab272M432M521M460M529M555.5M
Net Tangible Assets7.7B9.3B8.9B8.1B9.3B9.5B
Long Term Investments600M1.6B1.8B1.5B1.5B1.0B
Capital Surpluse6B9.9B8.3B10.7B9.6B10.2B
Deferred Long Term Liab13M20M119M102M117.3M123.2M
Long Term Debt Total40.1B45.9B46.0B70.6B81.2B85.2B
Non Current Liabilities Other17M432M521M460M28M26.6M

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.

Additional Tools for Infosys Stock Analysis

When running Infosys' price analysis, check to measure Infosys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Infosys is operating at the current time. Most of Infosys' value examination focuses on studying past and present price action to predict the probability of Infosys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infosys' price. Additionally, you may evaluate how the addition of Infosys to your portfolios can decrease your overall portfolio volatility.