LTIMindtree Research Development vs Operating Income Analysis

LTIM Stock   6,172  12.65  0.21%   
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 Research Development and its Operating Income 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LTIMindtree Limited Research Development account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between LTIMindtree's Research Development and Operating Income is -0.53. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income 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 Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of LTIMindtree Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., LTIMindtree's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

Operating Income

Operating Income is the amount of profit realized from LTIMindtree Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of LTIMindtree Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.
Selling General Administrative is likely to gain to about 7.5 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense673M1.5B2.2B2.3B
Depreciation And Amortization6.0B7.2B8.2B8.6B

LTIMindtree fundamental ratios Correlations

0.960.951.01.00.990.041.00.660.950.990.571.00.99-0.090.990.950.390.090.991.00.57-0.250.820.470.86
0.960.890.940.960.930.030.950.590.890.940.470.960.97-0.320.960.910.310.140.940.960.43-0.380.760.450.84
0.950.890.950.950.930.070.950.750.860.930.680.940.93-0.080.950.880.56-0.210.940.950.56-0.30.740.480.87
1.00.940.950.990.980.01.00.690.960.980.610.990.99-0.070.980.960.440.081.01.00.58-0.250.830.480.88
1.00.960.950.990.990.031.00.640.950.990.560.990.99-0.110.990.940.370.090.991.00.56-0.250.820.460.85
0.990.930.930.980.990.140.990.660.931.00.490.980.97-0.010.970.970.340.10.990.980.61-0.160.810.520.82
0.040.030.070.00.030.140.030.22-0.220.12-0.30.03-0.030.340.10.21-0.2-0.310.060.00.150.15-0.190.31-0.08
1.00.950.951.01.00.990.030.650.950.990.560.990.99-0.10.990.950.380.090.991.00.57-0.230.830.470.85
0.660.590.750.690.640.660.220.650.60.620.720.670.610.290.670.740.74-0.40.710.670.57-0.030.580.660.82
0.950.890.860.960.950.93-0.220.950.60.920.630.940.96-0.060.910.890.440.240.950.960.59-0.20.860.420.85
0.990.940.930.980.991.00.120.990.620.920.480.980.98-0.060.980.960.310.10.980.980.58-0.180.810.490.81
0.570.470.680.610.560.49-0.30.560.720.630.480.590.540.10.560.480.82-0.350.580.60.48-0.150.480.390.7
1.00.960.940.990.990.980.030.990.670.940.980.590.99-0.111.00.950.390.10.991.00.55-0.290.810.460.87
0.990.970.930.990.990.97-0.030.990.610.960.980.540.99-0.160.980.940.350.160.990.990.51-0.320.830.430.86
-0.09-0.32-0.08-0.07-0.11-0.010.34-0.10.29-0.06-0.060.1-0.11-0.16-0.130.050.18-0.14-0.04-0.110.540.560.090.21-0.01
0.990.960.950.980.990.970.10.990.670.910.980.561.00.98-0.130.940.360.050.980.990.53-0.310.780.470.86
0.950.910.880.960.940.970.210.950.740.890.960.480.950.940.050.940.370.110.970.950.58-0.180.760.580.84
0.390.310.560.440.370.34-0.20.380.740.440.310.820.390.350.180.360.37-0.50.430.420.48-0.070.340.30.66
0.090.14-0.210.080.090.1-0.310.09-0.40.240.1-0.350.10.16-0.140.050.11-0.50.090.08-0.1-0.040.21-0.17-0.06
0.990.940.941.00.990.990.060.990.710.950.980.580.990.99-0.040.980.970.430.090.990.58-0.230.820.510.87
1.00.960.951.01.00.980.01.00.670.960.980.61.00.99-0.110.990.950.420.080.990.56-0.280.820.460.88
0.570.430.560.580.560.610.150.570.570.590.580.480.550.510.540.530.580.48-0.10.580.560.320.670.360.58
-0.25-0.38-0.3-0.25-0.25-0.160.15-0.23-0.03-0.2-0.18-0.15-0.29-0.320.56-0.31-0.18-0.07-0.04-0.23-0.280.32-0.070.1-0.32
0.820.760.740.830.820.81-0.190.830.580.860.810.480.810.830.090.780.760.340.210.820.820.67-0.070.370.85
0.470.450.480.480.460.520.310.470.660.420.490.390.460.430.210.470.580.3-0.170.510.460.360.10.370.43
0.860.840.870.880.850.82-0.080.850.820.850.810.70.870.86-0.010.860.840.66-0.060.870.880.58-0.320.850.43
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LTIMindtree Account Relationship Matchups

LTIMindtree fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets88.2B107.1B124.7B235.0B275.6B289.4B
Other Current Liab16.6B19.3B40.4B42.0B44.2B46.4B
Total Current Liabilities23.3B26.3B29.2B54.8B57.4B60.3B
Total Stockholder Equity54.0B73.0B88.1B165.9B200.2B210.2B
Property Plant And Equipment Net12.1B10.5B15.7B30.4B40.2B42.2B
Net Debt4.1B460M4.5B(8.0B)2.6B2.8B
Retained Earnings47.5B61.6B75.8B154.5B182.9B192.1B
Accounts Payable3.5B3.6B4.4B4.3B3.9B2.8B
Cash5.0B7.5B3.8B23.4B18.2B19.1B
Non Current Assets Total25.0B25.8B36.0B63.1B87.2B91.5B
Non Currrent Assets Other2.9B40.9B41.1B59.6B15.0B17.2B
Cash And Short Term Investments27.2B43.9B39.1B78.6B95.7B100.5B
Net Receivables31.9B35.4B32.8B72.2B83.0B87.2B
Short Term Investments22.2B36.4B35.2B55.2B77.7B81.5B
Liabilities And Stockholders Equity88.2B107.1B124.7B235.0B275.6B289.4B
Non Current Liabilities Total10.9B7.7B7.3B14.1B17.9B18.8B
Other Current Assets36.0B37.4B77.1B95.2B11.8B11.2B
Other Stockholder Equity2.5B2.9B(51.1B)4.0B9.4B9.9B
Total Liab34.2B34.0B36.5B69.0B75.4B79.1B
Total Current Assets63.3B81.3B88.7B171.9B188.5B197.9B
Short Term Debt1.5B1.6B2.6B3.5B3.4B2.0B
Intangible Assets1.3B2.7B3.2B3.6B3.2B2.5B
Inventory(29.0B)(17M)(6.3B)33M30M31.5M
Accumulated Other Comprehensive Income3.8B8.4B12.9B7.1B7.6B6.1B
Good Will6.4B6.6B6.9B11.9B11.9B6.0B
Current Deferred Revenue(1.5B)16.2B3.1B26.3B4.4B6.5B

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