Tata Total Liab vs Non Currrent Assets Other Analysis

TCS Stock   4,245  171.75  4.22%   
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 Total Liab 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.

Total Liab vs Non Currrent Assets Other

Total Liab 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 Total Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tata Consultancy's Total Liab and Non Currrent Assets Other is 0.34. Overlapping area represents the amount of variation of Total Liab 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 Total Liab 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 Total Liab 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 Total Liab i.e., Tata Consultancy's Total Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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 Expense7.8B7.8B7.8B8.2B
Depreciation And Amortization46.0B50.2B49.9B52.3B

Tata Consultancy fundamental ratios Correlations

0.660.710.760.960.94-0.10.960.650.220.920.520.590.660.940.96-0.19-0.20.860.77-0.250.77-0.040.771.0-0.21
0.660.880.890.50.780.140.490.360.110.630.220.080.860.480.75-0.23-0.690.450.98-0.130.63-0.20.920.660.03
0.710.880.970.570.750.060.560.490.260.710.290.220.80.540.76-0.08-0.710.470.9-0.070.570.160.970.7-0.01
0.760.890.970.620.780.040.620.590.280.740.350.260.820.610.78-0.15-0.720.540.92-0.050.580.121.00.75-0.03
0.960.50.570.620.85-0.071.00.590.150.870.560.670.520.970.9-0.2-0.110.910.64-0.30.73-0.050.630.97-0.3
0.940.780.750.780.85-0.240.840.620.370.950.450.520.710.790.94-0.12-0.210.670.84-0.370.79-0.250.80.91-0.16
-0.10.140.060.04-0.07-0.24-0.07-0.35-0.87-0.33-0.15-0.47-0.010.01-0.03-0.29-0.40.260.10.44-0.150.180.05-0.040.08
0.960.490.560.621.00.84-0.070.580.140.860.560.680.520.970.9-0.19-0.10.910.63-0.30.73-0.040.630.96-0.28
0.650.360.490.590.590.62-0.350.580.550.720.410.320.370.570.590.0-0.090.410.410.020.170.010.560.62-0.17
0.220.110.260.280.150.37-0.870.140.550.470.210.450.180.060.180.270.08-0.220.13-0.370.15-0.070.250.16-0.1
0.920.630.710.740.870.95-0.330.860.720.470.580.630.580.80.880.01-0.120.650.72-0.360.67-0.110.740.89-0.09
0.520.220.290.350.560.45-0.150.560.410.210.580.460.190.610.47-0.42-0.070.540.37-0.190.24-0.020.340.530.07
0.590.080.220.260.670.52-0.470.680.320.450.630.460.150.630.470.190.170.490.22-0.430.49-0.020.250.57-0.06
0.660.860.80.820.520.71-0.010.520.370.180.580.190.150.470.78-0.15-0.60.420.86-0.340.75-0.130.840.660.03
0.940.480.540.610.970.790.010.970.570.060.80.610.630.470.86-0.34-0.140.960.62-0.130.660.020.620.96-0.3
0.960.750.760.780.90.94-0.030.90.590.180.880.470.470.780.86-0.19-0.270.790.82-0.310.79-0.130.80.96-0.16
-0.19-0.23-0.08-0.15-0.2-0.12-0.29-0.190.00.270.01-0.420.19-0.15-0.34-0.190.29-0.41-0.29-0.19-0.170.09-0.18-0.250.49
-0.2-0.69-0.71-0.72-0.11-0.21-0.4-0.1-0.090.08-0.12-0.070.17-0.6-0.14-0.270.29-0.19-0.67-0.13-0.21-0.13-0.72-0.22-0.01
0.860.450.470.540.910.670.260.910.41-0.220.650.540.490.420.960.79-0.41-0.190.58-0.030.60.050.550.89-0.26
0.770.980.90.920.640.840.10.630.410.130.720.370.220.860.620.82-0.29-0.670.58-0.180.71-0.170.950.77-0.02
-0.25-0.13-0.07-0.05-0.3-0.370.44-0.30.02-0.37-0.36-0.19-0.43-0.34-0.13-0.31-0.19-0.13-0.03-0.18-0.560.53-0.07-0.210.05
0.770.630.570.580.730.79-0.150.730.170.150.670.240.490.750.660.79-0.17-0.210.60.71-0.56-0.150.620.77-0.22
-0.04-0.20.160.12-0.05-0.250.18-0.040.01-0.07-0.11-0.02-0.02-0.130.02-0.130.09-0.130.05-0.170.53-0.150.06-0.020.1
0.770.920.971.00.630.80.050.630.560.250.740.340.250.840.620.8-0.18-0.720.550.95-0.070.620.060.76-0.03
1.00.660.70.750.970.91-0.040.960.620.160.890.530.570.660.960.96-0.25-0.220.890.77-0.210.77-0.020.76-0.23
-0.210.03-0.01-0.03-0.3-0.160.08-0.28-0.17-0.1-0.090.07-0.060.03-0.3-0.160.49-0.01-0.26-0.020.05-0.220.1-0.03-0.23
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Tata Consultancy Account Relationship Matchups

Tata Consultancy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2T1.3T1.4T1.4T1.5T802.3B
Short Long Term Debt Total81.8B78.0B78.2B76.9B80.2B84.2B
Other Current Liab124.7B206.6B171.1B222.1B231.9B243.4B
Total Current Liabilities270.6B341.6B423.5B435.6B461.0B484.1B
Total Stockholder Equity841.3B864.3B891.4B904.2B904.9B566.4B
Property Plant And Equipment Net198.4B196.7B196.2B190.2B188.3B111.0B
Net Debt(86.5B)(68.6B)(124.9B)(71.2B)(9.9B)(10.4B)
Retained Earnings808.1B825.6B856.1B866.7B864.3B528.1B
Accounts Payable67.4B22.4B80.5B105.2B99.8B52.7B
Cash86.5B68.6B124.9B71.2B90.1B71.5B
Non Current Assets Total306.6B314.8B332.0B333.8B334.7B215.1B
Non Currrent Assets Other84.4B87.8B94.3B102.6B100.2B65.3B
Other Assets84.4B87.8B104.8B61.1B70.3B57.9B
Cash And Short Term Investments355.0B364.6B446.0B455.3B441B238.0B
Net Receivables511.5B540.7B460.6B555.7B594.2B297.1B
Good Will17.1B18.0B17.9B18.6B18.3B16.7B
Common Stock Shares Outstanding3.8B3.7B3.7B3.7B3.6B3.1B
Short Term Investments268.5B296.1B321.1B384.0B350.8B184.9B
Liabilities And Stockholders Equity1.2T1.3T1.4T1.4T1.5T802.3B
Non Current Liabilities Total90.9B95.0B93.2B88.9B90.3B94.8B
Inventory50M80M200M280M252M202.4M
Other Current Assets141.8B223.2B176.4B91.5B94.3B77.8B
Other Stockholder Equity(811.8B)64.8B106.2B153.4B162.3B170.5B
Total Liab361.5B436.5B516.7B524.5B551.3B578.9B
Total Current Assets902.4B992.8B1.1T1.1T1.1T584.0B
Accumulated Other Comprehensive Income29.5B35.1B31.7B33.8B37B38.9B
Intangible Assets2.8B4.8B11.0B8.7B5.1B6.4B
Property Plant Equipment198.4B196.7B196.2B190.2B218.8B229.7B
Short Term Debt12.7B12.9B14.5B14.9B15.1B15.8B
Other Liab29.2B21.8B29.9B29.5B33.9B21.5B
Current Deferred Revenue189.9B249.7B327.6B266.7B36.4B34.6B
Net Tangible Assets875.7B821.3B841.6B862.5B991.9B821.8B
Long Term Debt Total69.1B65.0B63.7B62.0B71.3B74.9B
Capital Lease Obligations81.8B78.0B78.2B76.9B80.2B56.5B
Deferred Long Term Liab1.7B2.9B2.3B1.5B1.7B2.1B
Net Invested Capital841.3B864.3B891.4B904.2B904.9B967.1B

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Other Information on Investing in Tata Stock

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.