LTIMindtree Ebitda vs Income Tax Expense Analysis

LTIM Stock   4,586  11.60  0.25%   
LTIMindtree financial indicator trend analysis is infinitely more than just investigating LTIMindtree Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LTIMindtree Limited is a good investment. Please check the relationship between LTIMindtree Ebitda and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LTIMindtree 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.

Ebitda vs Income Tax Expense

Ebitda vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LTIMindtree Limited Ebitda account and Income Tax Expense. At this time, the significance of the direction appears to have totally related.
The correlation between LTIMindtree's Ebitda and Income Tax Expense is 1.0. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of LTIMindtree Limited, assuming nothing else is changed. The correlation between historical values of LTIMindtree's Ebitda and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of LTIMindtree Limited are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., LTIMindtree's Ebitda and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebitda

Income Tax Expense

Most indicators from LTIMindtree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LTIMindtree 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LTIMindtree 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.
At this time, LTIMindtree's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 36.8 M in 2025, whereas Tax Provision is likely to drop slightly above 14.2 B in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense1.5B2.2B2.8B2.9B
Depreciation And Amortization7.2B8.2B9.4B9.9B

LTIMindtree fundamental ratios Correlations

0.970.720.991.00.990.131.00.810.970.990.31-0.111.00.690.880.940.970.470.30.710.991.00.670.87-0.27
0.970.660.950.970.960.160.970.820.930.960.24-0.110.970.670.810.950.940.450.290.70.960.970.570.81-0.37
0.720.660.790.70.65-0.190.690.220.770.650.74-0.280.720.680.820.570.690.340.480.390.770.750.520.75-0.24
0.990.950.790.990.970.080.990.760.980.970.4-0.140.990.690.910.910.960.480.360.681.01.00.680.89-0.26
1.00.970.70.990.990.131.00.820.970.990.28-0.111.00.680.870.950.960.450.280.710.991.00.660.86-0.28
0.990.960.650.970.990.230.990.840.961.00.23-0.080.980.670.850.950.980.50.240.730.980.980.70.85-0.21
0.130.16-0.190.080.130.230.140.35-0.040.21-0.440.160.15-0.19-0.060.210.30.320.20.360.140.10.18-0.030.12
1.00.970.690.991.00.990.140.830.971.00.28-0.10.990.690.860.960.960.460.260.710.991.00.670.86-0.26
0.810.820.220.760.820.840.350.830.740.84-0.070.050.820.350.530.850.810.410.170.630.780.80.470.58-0.22
0.970.930.770.980.970.96-0.040.970.740.950.45-0.120.960.750.90.90.930.470.250.630.980.980.70.88-0.21
0.990.960.650.970.991.00.211.00.840.950.21-0.080.990.660.850.950.970.470.240.730.980.980.680.85-0.22
0.310.240.740.40.280.23-0.440.28-0.070.450.21-0.240.310.540.430.210.330.290.290.010.380.350.290.38-0.19
-0.11-0.11-0.28-0.14-0.11-0.080.16-0.10.05-0.12-0.08-0.24-0.11-0.18-0.16-0.08-0.110.23-0.24-0.1-0.13-0.130.1-0.120.36
1.00.970.720.991.00.980.150.990.820.960.990.31-0.110.670.860.950.970.460.330.70.991.00.650.85-0.3
0.690.670.680.690.680.67-0.190.690.350.750.660.54-0.180.670.680.740.670.27-0.160.420.690.690.580.67-0.26
0.880.810.820.910.870.85-0.060.860.530.90.850.43-0.160.860.680.720.820.450.350.550.890.880.780.98-0.1
0.940.950.570.910.950.950.210.960.850.90.950.21-0.080.950.740.720.930.40.10.690.920.940.60.73-0.33
0.970.940.690.960.960.980.30.960.810.930.970.33-0.110.970.670.820.930.560.330.70.980.960.680.82-0.23
0.470.450.340.480.450.50.320.460.410.470.470.290.230.460.270.450.40.560.120.150.510.460.420.440.21
0.30.290.480.360.280.240.20.260.170.250.240.29-0.240.33-0.160.350.10.330.120.180.360.320.10.32-0.2
0.710.70.390.680.710.730.360.710.630.630.730.01-0.10.70.420.550.690.70.150.180.690.690.470.56-0.36
0.990.960.771.00.990.980.140.990.780.980.980.38-0.130.990.690.890.920.980.510.360.690.990.690.88-0.25
1.00.970.751.01.00.980.11.00.80.980.980.35-0.131.00.690.880.940.960.460.320.690.990.660.87-0.29
0.670.570.520.680.660.70.180.670.470.70.680.290.10.650.580.780.60.680.420.10.470.690.660.780.24
0.870.810.750.890.860.85-0.030.860.580.880.850.38-0.120.850.670.980.730.820.440.320.560.880.870.78-0.14
-0.27-0.37-0.24-0.26-0.28-0.210.12-0.26-0.22-0.21-0.22-0.190.36-0.3-0.26-0.1-0.33-0.230.21-0.2-0.36-0.25-0.290.24-0.14
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LTIMindtree Account Relationship Matchups

LTIMindtree fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets107.1B205.8B235.0B275.6B306.3B321.6B
Short Long Term Debt Total8.0B13.9B15.4B20.7B23.8B25.0B
Other Current Liab28.5B40.4B42.0B44.2B16.7B18.8B
Total Current Liabilities26.3B50.9B54.8B57.4B59.7B62.6B
Total Stockholder Equity73.0B142.9B165.9B200.2B227.0B238.3B
Property Plant And Equipment Net10.5B24.9B30.4B40.2B45.4B47.7B
Net Debt460M(424M)(7.8B)2.6B2.4B2.5B
Retained Earnings61.6B123.8B154.5B182.9B210.4B220.9B
Accounts Payable3.6B4.4B4.3B3.9B15.5B16.3B
Cash7.6B14.5B23.4B18.1B20.6B21.7B
Non Current Assets Total25.8B56.4B63.1B87.2B96.9B101.8B
Non Currrent Assets Other38.8B26.1B57.8B15.0B2.9B2.7B
Cash And Short Term Investments43.9B72.2B76.6B95.7B110.1B115.6B
Net Receivables35.4B1.1B88.4B83.0B58.7B32.1B
Common Stock Shares Outstanding175.6M296.1M296.2M296.6M296.3M225.1M
Short Term Investments36.3B16.3B53.4B77.7B91.7B96.3B
Liabilities And Stockholders Equity107.1B205.8B235.0B275.6B317.0B332.8B
Non Current Liabilities Total7.7B12.0B14.1B17.9B19.5B20.5B
Inventory(6.3B)41M33M30M28M29.4M
Other Current Assets37.4B76.1B6.8B11.8B20.0B20.0B
Other Stockholder Equity2.9B5.9B4.0B9.4B10.8B11.3B
Total Liab34.0B62.9B69.0B75.4B79.2B83.1B
Total Current Assets81.3B149.4B171.9B188.5B209.4B219.8B
Accumulated Other Comprehensive Income8.4B12.9B7.1B7.6B8.7B6.2B
Short Term Debt1.6B2.6B3.5B3.4B3.9B2.0B
Intangible Assets2.7B3.2B3.6B3.2B2.2B2.4B
Good Will6.6B11.6B11.9B11.9B12.0B7.1B
Current Deferred Revenue1.7B3.1B3.3B4.4B5.0B5.3B

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