Taskus Historical Balance Sheet
TASK Stock | USD 15.12 0.30 2.02% |
Trend analysis of Taskus Inc balance sheet accounts such as Accounts Payable of 33.2 M, Other Assets of 0.95, Net Receivables of 132.6 M or Other Current Assets of 14.4 M provides information on Taskus' total assets, liabilities, and equity, which is the actual value of Taskus Inc to its prevalent stockholders. By breaking down trends over time using Taskus balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Taskus Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Taskus Inc is a good buy for the upcoming year.
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About Taskus Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Taskus Inc at a specified time, usually calculated after every quarter, six months, or one year. Taskus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Taskus 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 Taskus currently owns. An asset can also be divided into two categories, current and non-current.
Taskus Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Taskus balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Taskus Inc 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.Accounts Payable
An accounting item on the balance sheet that represents Taskus obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Taskus Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most accounts from Taskus' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Taskus Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Taskus' Non Current Assets Total are quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 108 M this year, although the value of Other Assets will most likely fall to 0.95.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 135.9M | 109.9M | 101.8M | 99.6M | Other Current Liabilities | 37.4M | 25.4M | 17.6M | 24.5M |
Taskus balance sheet Correlations
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Taskus Account Relationship Matchups
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Taskus balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 18.1M | 30.5M | 37.4M | 25.4M | 17.6M | 24.5M | |
Total Current Liabilities | 46.9M | 114.8M | 135.9M | 109.9M | 101.8M | 99.6M | |
Other Liab | 61.4M | 58.8M | 47.7M | 39.9M | 35.9M | 44.4M | |
Net Tangible Assets | (157.4M) | (100.9M) | (38.0M) | 455.6M | 524.0M | 550.2M | |
Retained Earnings | (101.9M) | (67.4M) | (176.1M) | (135.7M) | (90.0M) | (94.5M) | |
Accounts Payable | 24.3M | 38.3M | 40.9M | 37.1M | 25.3M | 33.2M | |
Other Assets | 2.6M | 3.2M | 6.5M | 13.7M | 1.0 | 0.95 | |
Net Receivables | 59.8M | 89.5M | 167.4M | 182.9M | 178.8M | 132.6M | |
Other Current Assets | 559K | 14.1M | 15.4M | 24.5M | 23.9M | 14.4M | |
Other Stockholder Equity | 399.0M | 398.2M | 556.4M | 600.9M | 539.2M | 457.3M | |
Total Current Assets | 108.1M | 211.3M | 246.3M | 341.4M | 328.5M | 240.3M | |
Property Plant Equipment | 45.1M | 57.0M | 80.0M | 75.1M | 86.3M | 64.1M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taskus. If investors know Taskus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taskus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.4 | Earnings Share 0.58 | Revenue Per Share 10.752 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0762 |
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taskus' market value can be influenced by many factors that don't directly affect Taskus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.