KPIT Cash And Short Term Investments vs Current Deferred Revenue Analysis
KPITTECH | 1,411 2.15 0.15% |
KPIT Technologies financial indicator trend analysis is infinitely more than just investigating KPIT Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KPIT Technologies is a good investment. Please check the relationship between KPIT Technologies Cash And Short Term Investments and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KPIT 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 estimate.
Cash And Short Term Investments vs Current Deferred Revenue
Cash And Short Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KPIT Technologies Cash And Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between KPIT Technologies' Cash And Short Term Investments and Current Deferred Revenue is 0.4. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of KPIT Technologies Limited, assuming nothing else is changed. The correlation between historical values of KPIT Technologies' Cash And Short Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of KPIT Technologies Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash And Short Term Investments i.e., KPIT Technologies' Cash And Short Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of KPIT Technologies balance sheet. This account contains KPIT Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by KPIT Technologies Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from KPIT Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KPIT 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KPIT 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 estimate. The current year's Tax Provision is expected to grow to about 2.1 B. The current year's Selling General Administrative is expected to grow to about 2.7 B
KPIT Technologies fundamental ratios Correlations
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KPIT Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KPIT Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.4B | 19.7B | 23.4B | 34.0B | 41.7B | 24.3B | |
Short Long Term Debt Total | 2.0B | 2.3B | 2.3B | 2.9B | 3.3B | 2.8B | |
Other Current Liab | 618.6M | 1.9B | 3.3B | 6.0B | 5.6B | 3.0B | |
Total Current Liabilities | 4.6B | 5.3B | 7.1B | 11.7B | 15.1B | 7.8B | |
Total Stockholder Equity | 10.5B | 12.1B | 13.1B | 16.5B | 21.5B | 13.8B | |
Property Plant And Equipment Net | 3.8B | 4.6B | 4.4B | 4.8B | 5.4B | 4.2B | |
Current Deferred Revenue | 2.2B | 2.8B | 4.6B | 5.4B | 4.7B | 3.4B | |
Net Debt | (722.1M) | (558.0M) | (1.1B) | (1.7B) | (4.4B) | (4.2B) | |
Retained Earnings | 5.9B | 7.4B | 8.5B | 11.2B | 15.9B | 9.1B | |
Accounts Payable | 846.7M | 1.4B | 1.4B | 1.6B | 2.4B | 1.4B | |
Cash | 2.8B | 2.9B | 3.4B | 4.5B | 7.7B | 8.1B | |
Non Current Assets Total | 6.2B | 6.7B | 8.2B | 19.0B | 21.5B | 22.6B | |
Non Currrent Assets Other | 494.7M | 249.9M | 549.0M | 581.0M | 1.7B | 1.8B | |
Other Assets | 903.5M | 803.6M | 1.3B | 706.7M | 812.7M | 618.9M | |
Cash And Short Term Investments | 3.9B | 8.3B | 9.8B | 6.2B | 8.6B | 5.9B | |
Net Receivables | 5.9B | 4.3B | 4.8B | 7.7B | 9.6B | 7.2B | |
Good Will | 987.8M | 1.0B | 1.7B | 10.1B | 11.5B | 12.0B | |
Common Stock Shares Outstanding | 269.6M | 270.5M | 272.9M | 273.1M | 273.1M | 281.3M | |
Short Term Investments | 1.1B | 5.4B | 6.4B | 1.6B | 862.9M | 819.8M | |
Liabilities And Stockholders Equity | 16.4B | 19.7B | 23.4B | 34.0B | 41.7B | 24.3B | |
Non Current Liabilities Total | 1.3B | 2.3B | 3.0B | 5.7B | 4.9B | 2.7B | |
Inventory | 115.3M | (1.3B) | (1.1B) | 587.5M | 902.5M | 947.6M | |
Other Current Assets | 249.7M | 344.4M | 610.2M | 799.8M | 1.5B | 1.6B | |
Other Stockholder Equity | (8.5B) | 2.0B | 1.9B | 2.6B | (15.9B) | (15.1B) | |
Total Liab | 5.8B | 7.6B | 10.1B | 17.4B | 20.0B | 10.5B | |
Total Current Assets | 10.1B | 13.0B | 15.1B | 15.0B | 20.2B | 13.8B | |
Accumulated Other Comprehensive Income | (1.2B) | 2.0B | 1.9B | 2.6B | 2.9B | 1.5B | |
Short Term Debt | 863.0M | 375.2M | 419.7M | 998.7M | 1.1B | 752.0M | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.1B | |
Net Tangible Assets | 9.0B | 10.8B | 11.1B | 4.1B | 4.8B | 7.9B | |
Long Term Debt | 29.7M | 24.0M | 18.7M | 2.3M | 590K | 560.5K | |
Long Term Debt Total | 1.2B | 1.9B | 1.9B | 1.9B | 2.1B | 1.3B | |
Capital Lease Obligations | 1.5B | 2.3B | 2.2B | 2.4B | 2.8B | 1.8B | |
Net Invested Capital | 11.0B | 12.0B | 13.1B | 17.0B | 21.9B | 13.5B | |
Short Long Term Debt | 549.5M | 7.3M | 7.2M | 489.8M | 446.8M | 280.3M | |
Net Working Capital | 5.6B | 7.7B | 8.1B | 3.3B | 5.0B | 5.6B | |
Intangible Assets | 520.1M | 285.0M | 289.8M | 2.3B | 2.8B | 3.0B | |
Property Plant Equipment | 3.8B | 4.6B | 4.4B | 4.8B | 5.5B | 3.7B | |
Other Liab | 120.9M | 377.0M | 1.2B | 3.8B | 4.4B | 4.6B | |
Capital Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 3.0B |
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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 KPIT Stock
Balance Sheet is a snapshot of the financial position of KPIT Technologies at a specified time, usually calculated after every quarter, six months, or one year. KPIT Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KPIT 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 KPIT currently owns. An asset can also be divided into two categories, current and non-current.