LTIMindtree Total Current Assets vs Total Current Liabilities 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 Total Current Assets and its Total Current Liabilities 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.

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LTIMindtree Limited Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between LTIMindtree's Total Current Assets and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities 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 Total Current Assets and Total Current Liabilities 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 LTIMindtree Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., LTIMindtree's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery 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 Current Liabilities

Total Current Liabilities is an item on LTIMindtree balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LTIMindtree Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Click cells to compare fundamentals

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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