Tata Net Receivables vs Non Currrent Assets Other Analysis

TCS Stock

4,353 37.60 0.87%

Tata Consultancy financial indicator trend analysis is much more than just breaking down Tata Consultancy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Consultancy Services is a good investment. Please check the relationship between Tata Consultancy Net Receivables and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Consultancy Services. 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.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Consultancy Services Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Tata Consultancy's Net Receivables and Non Currrent Assets Other is 0.47. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Tata Consultancy Services, assuming nothing else is changed. The correlation between historical values of Tata Consultancy's Net Receivables and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Tata Consultancy Services are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Tata Consultancy's Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

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Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from Tata Consultancy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Consultancy Services 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Consultancy Services. 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.

The current year's Selling General Administrative is expected to grow to about 189.9 B, whereas Tax Provision is forecasted to decline to about 120.5 B.

	2021	2022	2023	2024 (projected)
Interest Expense	7.8B	7.8B	7.8B	8.2B
Depreciation And Amortization	46.0B	50.2B	49.9B	52.3B

Interest Expense Depreciation And Amortization

Tata Consultancy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets
Total Assets		0.66	0.71	0.76	0.96	0.94	-0.1	0.96	0.65	0.22	0.92	0.52	0.59	0.66	0.94	0.96	-0.19	-0.2	0.86	0.77	-0.25	0.77	-0.04	0.77	1.0	-0.21
Short Long Term Debt Total	0.66		0.88	0.89	0.5	0.78	0.14	0.49	0.36	0.11	0.63	0.22	0.08	0.86	0.48	0.75	-0.23	-0.69	0.45	0.98	-0.13	0.63	-0.2	0.92	0.66	0.03
Other Current Liab	0.71	0.88		0.97	0.57	0.75	0.06	0.56	0.49	0.26	0.71	0.29	0.22	0.8	0.54	0.76	-0.08	-0.71	0.47	0.9	-0.07	0.57	0.16	0.97	0.7	-0.01
Total Current Liabilities	0.76	0.89	0.97		0.62	0.78	0.04	0.62	0.59	0.28	0.74	0.35	0.26	0.82	0.61	0.78	-0.15	-0.72	0.54	0.92	-0.05	0.58	0.12	1.0	0.75	-0.03
Total Stockholder Equity	0.96	0.5	0.57	0.62		0.85	-0.07	1.0	0.59	0.15	0.87	0.56	0.67	0.52	0.97	0.9	-0.2	-0.11	0.91	0.64	-0.3	0.73	-0.05	0.63	0.97	-0.3
Property Plant And Equipment Net	0.94	0.78	0.75	0.78	0.85		-0.24	0.84	0.62	0.37	0.95	0.45	0.52	0.71	0.79	0.94	-0.12	-0.21	0.67	0.84	-0.37	0.79	-0.25	0.8	0.91	-0.16
Net Debt	-0.1	0.14	0.06	0.04	-0.07	-0.24		-0.07	-0.35	-0.87	-0.33	-0.15	-0.47	-0.01	0.01	-0.03	-0.29	-0.4	0.26	0.1	0.44	-0.15	0.18	0.05	-0.04	0.08
Retained Earnings	0.96	0.49	0.56	0.62	1.0	0.84	-0.07		0.58	0.14	0.86	0.56	0.68	0.52	0.97	0.9	-0.19	-0.1	0.91	0.63	-0.3	0.73	-0.04	0.63	0.96	-0.28
Accounts Payable	0.65	0.36	0.49	0.59	0.59	0.62	-0.35	0.58		0.55	0.72	0.41	0.32	0.37	0.57	0.59	0.0	-0.09	0.41	0.41	0.02	0.17	0.01	0.56	0.62	-0.17
Cash	0.22	0.11	0.26	0.28	0.15	0.37	-0.87	0.14	0.55		0.47	0.21	0.45	0.18	0.06	0.18	0.27	0.08	-0.22	0.13	-0.37	0.15	-0.07	0.25	0.16	-0.1
Non Current Assets Total	0.92	0.63	0.71	0.74	0.87	0.95	-0.33	0.86	0.72	0.47		0.58	0.63	0.58	0.8	0.88	0.01	-0.12	0.65	0.72	-0.36	0.67	-0.11	0.74	0.89	-0.09
Non Currrent Assets Other	0.52	0.22	0.29	0.35	0.56	0.45	-0.15	0.56	0.41	0.21	0.58		0.46	0.19	0.61	0.47	-0.42	-0.07	0.54	0.37	-0.19	0.24	-0.02	0.34	0.53	0.07
Other Assets	0.59	0.08	0.22	0.26	0.67	0.52	-0.47	0.68	0.32	0.45	0.63	0.46		0.15	0.63	0.47	0.19	0.17	0.49	0.22	-0.43	0.49	-0.02	0.25	0.57	-0.06
Long Term Debt	0.66	0.86	0.8	0.82	0.52	0.71	-0.01	0.52	0.37	0.18	0.58	0.19	0.15		0.47	0.78	-0.15	-0.6	0.42	0.86	-0.34	0.75	-0.13	0.84	0.66	0.03
Cash And Short Term Investments	0.94	0.48	0.54	0.61	0.97	0.79	0.01	0.97	0.57	0.06	0.8	0.61	0.63	0.47		0.86	-0.34	-0.14	0.96	0.62	-0.13	0.66	0.02	0.62	0.96	-0.3
Net Receivables	0.96	0.75	0.76	0.78	0.9	0.94	-0.03	0.9	0.59	0.18	0.88	0.47	0.47	0.78	0.86		-0.19	-0.27	0.79	0.82	-0.31	0.79	-0.13	0.8	0.96	-0.16
Good Will	-0.19	-0.23	-0.08	-0.15	-0.2	-0.12	-0.29	-0.19	0.0	0.27	0.01	-0.42	0.19	-0.15	-0.34	-0.19		0.29	-0.41	-0.29	-0.19	-0.17	0.09	-0.18	-0.25	0.49
Common Stock Shares Outstanding	-0.2	-0.69	-0.71	-0.72	-0.11	-0.21	-0.4	-0.1	-0.09	0.08	-0.12	-0.07	0.17	-0.6	-0.14	-0.27	0.29		-0.19	-0.67	-0.13	-0.21	-0.13	-0.72	-0.22	-0.01
Short Term Investments	0.86	0.45	0.47	0.54	0.91	0.67	0.26	0.91	0.41	-0.22	0.65	0.54	0.49	0.42	0.96	0.79	-0.41	-0.19		0.58	-0.03	0.6	0.05	0.55	0.89	-0.26
Non Current Liabilities Total	0.77	0.98	0.9	0.92	0.64	0.84	0.1	0.63	0.41	0.13	0.72	0.37	0.22	0.86	0.62	0.82	-0.29	-0.67	0.58		-0.18	0.71	-0.17	0.95	0.77	-0.02
Inventory	-0.25	-0.13	-0.07	-0.05	-0.3	-0.37	0.44	-0.3	0.02	-0.37	-0.36	-0.19	-0.43	-0.34	-0.13	-0.31	-0.19	-0.13	-0.03	-0.18		-0.56	0.53	-0.07	-0.21	0.05
Other Current Assets	0.77	0.63	0.57	0.58	0.73	0.79	-0.15	0.73	0.17	0.15	0.67	0.24	0.49	0.75	0.66	0.79	-0.17	-0.21	0.6	0.71	-0.56		-0.15	0.62	0.77	-0.22
Other Stockholder Equity	-0.04	-0.2	0.16	0.12	-0.05	-0.25	0.18	-0.04	0.01	-0.07	-0.11	-0.02	-0.02	-0.13	0.02	-0.13	0.09	-0.13	0.05	-0.17	0.53	-0.15		0.06	-0.02	0.1
Total Liab	0.77	0.92	0.97	1.0	0.63	0.8	0.05	0.63	0.56	0.25	0.74	0.34	0.25	0.84	0.62	0.8	-0.18	-0.72	0.55	0.95	-0.07	0.62	0.06		0.76	-0.03
Total Current Assets	1.0	0.66	0.7	0.75	0.97	0.91	-0.04	0.96	0.62	0.16	0.89	0.53	0.57	0.66	0.96	0.96	-0.25	-0.22	0.89	0.77	-0.21	0.77	-0.02	0.76		-0.23
Intangible Assets	-0.21	0.03	-0.01	-0.03	-0.3	-0.16	0.08	-0.28	-0.17	-0.1	-0.09	0.07	-0.06	0.03	-0.3	-0.16	0.49	-0.01	-0.26	-0.02	0.05	-0.22	0.1	-0.03	-0.23

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Tata Consultancy Account Relationship Matchups

Tata Consultancy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2T	1.3T	1.4T	1.4T	1.5T	802.3B
Short Long Term Debt Total	81.8B	78.0B	78.2B	76.9B	80.2B	84.2B
Other Current Liab	124.7B	206.6B	171.1B	222.1B	231.9B	243.4B
Total Current Liabilities	270.6B	341.6B	423.5B	435.6B	461.0B	484.1B
Total Stockholder Equity	841.3B	864.3B	891.4B	904.2B	904.9B	566.4B
Property Plant And Equipment Net	198.4B	196.7B	196.2B	190.2B	188.3B	111.0B
Net Debt	(86.5B)	(68.6B)	(124.9B)	(71.2B)	(9.9B)	(10.4B)
Retained Earnings	808.1B	825.6B	856.1B	866.7B	864.3B	528.1B
Accounts Payable	67.4B	22.4B	80.5B	105.2B	99.8B	52.7B
Cash	86.5B	68.6B	124.9B	71.2B	90.2B	71.5B
Non Current Assets Total	306.6B	314.8B	332.0B	333.8B	334.7B	215.1B
Non Currrent Assets Other	84.4B	87.8B	94.3B	102.6B	100.2B	65.3B
Other Assets	84.4B	87.8B	104.8B	61.1B	70.3B	57.9B
Cash And Short Term Investments	355.0B	364.6B	446.0B	455.3B	441B	238.0B
Net Receivables	511.5B	540.7B	460.6B	555.7B	594.2B	297.1B
Good Will	17.1B	18.0B	17.9B	18.6B	18.3B	16.7B
Common Stock Shares Outstanding	3.8B	3.7B	3.7B	3.7B	3.6B	3.1B
Short Term Investments	268.5B	296.1B	321.1B	384.0B	350.8B	184.9B
Liabilities And Stockholders Equity	1.2T	1.3T	1.4T	1.4T	1.5T	802.3B
Non Current Liabilities Total	90.9B	95.0B	93.2B	88.9B	90.3B	94.8B
Inventory	50M	80M	200M	280M	252M	202.4M
Other Current Assets	141.8B	223.2B	176.4B	91.5B	94.3B	77.8B
Other Stockholder Equity	(811.8B)	64.8B	106.2B	153.4B	162.3B	170.5B
Total Liab	361.5B	436.5B	516.7B	524.5B	551.3B	578.9B
Total Current Assets	902.4B	992.8B	1.1T	1.1T	1.1T	584.0B
Accumulated Other Comprehensive Income	29.5B	35.1B	31.7B	33.8B	37B	38.9B
Intangible Assets	2.8B	4.8B	11.0B	8.7B	5.1B	6.4B
Property Plant Equipment	198.4B	196.7B	196.2B	190.2B	218.8B	229.7B
Short Term Debt	12.7B	12.9B	14.5B	14.9B	15.1B	15.8B
Other Liab	29.2B	21.8B	29.9B	29.5B	33.9B	21.5B
Current Deferred Revenue	189.9B	249.7B	327.6B	266.7B	36.4B	34.6B
Net Tangible Assets	875.7B	821.3B	841.6B	862.5B	991.9B	821.8B
Long Term Debt Total	69.1B	65.0B	63.7B	62.0B	71.3B	74.9B
Capital Lease Obligations	81.8B	78.0B	78.2B	76.9B	80.2B	56.5B
Deferred Long Term Liab	1.7B	2.9B	2.3B	1.5B	1.7B	2.1B
Net Invested Capital	841.3B	864.3B	891.4B	904.2B	904.9B	967.1B

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Balance Sheet is a snapshot of the financial position of Tata Consultancy Services at a specified time, usually calculated after every quarter, six months, or one year. Tata Consultancy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tata Consultancy 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 Tata currently owns. An asset can also be divided into two categories, current and non-current.

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Tata Net Receivables vs Non Currrent Assets Other Analysis

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Net Receivables

Non Currrent Assets Other

Tata Consultancy fundamental ratios Correlations

Tata Consultancy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tata Consultancy fundamental ratios Accounts

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COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Current Liabilities	+ 0.97	Other Current Liab
Total Liab	+ 0.97	Other Current Liab

Cash	- 0.87	Net Debt
Total Liab	- 0.72	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.72	Total Current Liabilities
Common Stock Shares Outstanding	- 0.71	Other Current Liab
Common Stock Shares Outstanding	- 0.69	Short Long Term Debt Total
Non Current Liabilities Total	- 0.67	Common Stock Shares Outstanding