KPIT Total Current Assets vs Total Assets 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 Total Current Assets and its Total Assets 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.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KPIT Technologies Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KPIT Technologies' Total Current Assets and Total Assets is 0.94. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets 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' Total Current Assets 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 Total Current Assets of KPIT Technologies 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 Total Current Assets i.e., KPIT Technologies' Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very 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 Assets
Total assets refers to the total amount of KPIT Technologies 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 KPIT Technologies 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 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.