Tech Change To Account Receivables vs Stock Based Compensation Analysis

TECHM Stock

1,713 43.45 2.47%

Tech Mahindra financial indicator trend analysis is much more than just breaking down Tech Mahindra Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tech Mahindra Limited is a good investment. Please check the relationship between Tech Mahindra Change To Account Receivables and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tech Mahindra 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 population.

Change To Account Receivables vs Stock Based Compensation

Change To Account Receivables vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tech Mahindra Limited Change To Account Receivables account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tech Mahindra's Change To Account Receivables and Stock Based Compensation is -0.15. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Tech Mahindra Limited, assuming nothing else is changed. The correlation between historical values of Tech Mahindra's Change To Account Receivables and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Tech Mahindra Limited are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Account Receivables i.e., Tech Mahindra's Change To Account Receivables and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Account Receivables

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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

At this time, Tech Mahindra's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 392.5 M, while Selling General Administrative is likely to drop about 10.8 B.

	2021	2022	2023	2024 (projected)
Gross Profit	205.4B	256.0B	131.3B	110.6B
Total Revenue	446.5B	532.9B	520.0B	546.0B

Gross Profit Total Revenue

Tech Mahindra fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Good Will	Short Long Term Debt Total	Non Current Liabilities Total	Inventory	Intangible Assets	Current Deferred Revenue	Retained Earnings	Net Receivables
Total Assets		0.83	0.99	0.91	0.93	-0.18	0.89	0.73	0.86	0.81	0.9	0.7	0.74	0.33	0.06	1.0	0.98	0.83	0.78	0.84	0.86	0.55	0.79	0.77	0.97	0.94
Other Current Liab	0.83		0.79	0.95	0.73	-0.41	0.95	0.87	0.95	0.6	0.71	0.57	0.54	0.04	-0.28	0.83	0.79	0.63	0.96	0.65	0.83	0.28	0.91	0.5	0.88	0.86
Total Current Liabilities	0.99	0.79		0.89	0.95	-0.22	0.86	0.74	0.81	0.82	0.91	0.77	0.74	0.4	0.19	0.99	0.99	0.87	0.72	0.82	0.78	0.6	0.73	0.8	0.94	0.95
Total Stockholder Equity	0.91	0.95	0.89		0.85	-0.26	0.97	0.84	0.97	0.75	0.83	0.65	0.69	0.29	-0.05	0.91	0.89	0.76	0.92	0.79	0.82	0.51	0.89	0.62	0.95	0.93
Property Plant And Equipment Net	0.93	0.73	0.95	0.85		-0.29	0.79	0.75	0.75	0.75	0.85	0.86	0.66	0.44	0.33	0.93	0.95	0.93	0.65	0.73	0.71	0.62	0.62	0.8	0.86	0.93
Net Debt	-0.18	-0.41	-0.22	-0.26	-0.29		-0.28	-0.69	-0.26	0.2	-0.03	-0.51	0.26	0.37	0.0	-0.18	-0.18	-0.33	-0.33	0.25	-0.08	-0.03	-0.19	-0.17	-0.13	-0.41
Accounts Payable	0.89	0.95	0.86	0.97	0.79	-0.28		0.85	0.98	0.67	0.74	0.56	0.57	0.22	-0.14	0.89	0.84	0.68	0.96	0.78	0.87	0.4	0.94	0.57	0.94	0.91
Cash	0.73	0.87	0.74	0.84	0.75	-0.69	0.85		0.83	0.4	0.59	0.69	0.32	-0.01	-0.02	0.74	0.71	0.68	0.82	0.5	0.64	0.31	0.72	0.48	0.73	0.88
Non Current Assets Total	0.86	0.95	0.81	0.97	0.75	-0.26	0.98	0.83		0.62	0.69	0.51	0.54	0.17	-0.21	0.86	0.79	0.64	0.97	0.77	0.87	0.37	0.95	0.5	0.92	0.87
Non Currrent Assets Other	0.81	0.6	0.82	0.75	0.75	0.2	0.67	0.4	0.62		0.95	0.52	0.97	0.49	0.14	0.8	0.87	0.64	0.5	0.83	0.64	0.56	0.57	0.78	0.82	0.7
Cash And Short Term Investments	0.9	0.71	0.91	0.83	0.85	-0.03	0.74	0.59	0.69	0.95		0.65	0.93	0.37	0.12	0.89	0.95	0.76	0.59	0.82	0.68	0.57	0.62	0.77	0.88	0.82
Common Stock Shares Outstanding	0.7	0.57	0.77	0.65	0.86	-0.51	0.56	0.69	0.51	0.52	0.65		0.46	0.43	0.52	0.69	0.77	0.88	0.42	0.38	0.37	0.59	0.37	0.73	0.58	0.79
Short Term Investments	0.74	0.54	0.74	0.69	0.66	0.26	0.57	0.32	0.54	0.97	0.93	0.46		0.47	0.11	0.72	0.8	0.58	0.43	0.78	0.53	0.54	0.49	0.66	0.75	0.6
Other Current Assets	0.33	0.04	0.4	0.29	0.44	0.37	0.22	-0.01	0.17	0.49	0.37	0.43	0.47		0.73	0.32	0.41	0.5	0.05	0.43	0.05	0.71	0.11	0.37	0.31	0.31
Other Stockholder Equity	0.06	-0.28	0.19	-0.05	0.33	0.0	-0.14	-0.02	-0.21	0.14	0.12	0.52	0.11	0.73		0.06	0.18	0.44	-0.34	0.03	-0.31	0.6	-0.32	0.34	-0.07	0.16
Total Liab	1.0	0.83	0.99	0.91	0.93	-0.18	0.89	0.74	0.86	0.8	0.89	0.69	0.72	0.32	0.06		0.98	0.81	0.78	0.85	0.87	0.52	0.8	0.77	0.96	0.95
Total Current Assets	0.98	0.79	0.99	0.89	0.95	-0.18	0.84	0.71	0.79	0.87	0.95	0.77	0.8	0.41	0.18	0.98		0.87	0.7	0.82	0.78	0.61	0.72	0.81	0.94	0.94
Common Stock	0.83	0.63	0.87	0.76	0.93	-0.33	0.68	0.68	0.64	0.64	0.76	0.88	0.58	0.5	0.44	0.81	0.87		0.54	0.59	0.5	0.72	0.48	0.74	0.74	0.85
Good Will	0.78	0.96	0.72	0.92	0.65	-0.33	0.96	0.82	0.97	0.5	0.59	0.42	0.43	0.05	-0.34	0.78	0.7	0.54		0.65	0.85	0.28	0.96	0.39	0.87	0.81
Short Long Term Debt Total	0.84	0.65	0.82	0.79	0.73	0.25	0.78	0.5	0.77	0.83	0.82	0.38	0.78	0.43	0.03	0.85	0.82	0.59	0.65		0.81	0.42	0.71	0.55	0.86	0.73
Non Current Liabilities Total	0.86	0.83	0.78	0.82	0.71	-0.08	0.87	0.64	0.87	0.64	0.68	0.37	0.53	0.05	-0.31	0.87	0.78	0.5	0.85	0.81		0.2	0.89	0.54	0.88	0.78
Inventory	0.55	0.28	0.6	0.51	0.62	-0.03	0.4	0.31	0.37	0.56	0.57	0.59	0.54	0.71	0.6	0.52	0.61	0.72	0.28	0.42	0.2		0.33	0.59	0.53	0.57
Intangible Assets	0.79	0.91	0.73	0.89	0.62	-0.19	0.94	0.72	0.95	0.57	0.62	0.37	0.49	0.11	-0.32	0.8	0.72	0.48	0.96	0.71	0.89	0.33		0.46	0.88	0.8
Current Deferred Revenue	0.77	0.5	0.8	0.62	0.8	-0.17	0.57	0.48	0.5	0.78	0.77	0.73	0.66	0.37	0.34	0.77	0.81	0.74	0.39	0.55	0.54	0.59	0.46		0.67	0.75
Retained Earnings	0.97	0.88	0.94	0.95	0.86	-0.13	0.94	0.73	0.92	0.82	0.88	0.58	0.75	0.31	-0.07	0.96	0.94	0.74	0.87	0.86	0.88	0.53	0.88	0.67		0.92
Net Receivables	0.94	0.86	0.95	0.93	0.93	-0.41	0.91	0.88	0.87	0.7	0.82	0.79	0.6	0.31	0.16	0.95	0.94	0.85	0.81	0.73	0.78	0.57	0.8	0.75	0.92

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Tech Mahindra Account Relationship Matchups

Tech Mahindra fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	373.5B	396.8B	448.7B	461.5B	434.2B	218.3B
Other Current Liab	24.3B	37.8B	45.4B	44.5B	44.7B	47.0B
Total Current Liabilities	121.6B	115.1B	125.0B	133.2B	126.2B	66.3B
Total Stockholder Equity	218.1B	248.7B	268.9B	279.2B	266.7B	280.0B
Property Plant And Equipment Net	38.8B	35.9B	37.8B	40.4B	36.2B	23.0B
Net Debt	6.5B	2.1B	(11.7B)	(13.2B)	(18.1B)	(17.2B)
Accounts Payable	32.6B	27.9B	40.9B	43.8B	37.9B	39.7B
Cash	30.2B	26.9B	37.9B	40.6B	43.5B	45.6B
Non Current Assets Total	141.8B	144.2B	204.2B	217.2B	200.0B	210.0B
Non Currrent Assets Other	99.4B	135.8B	91.0B	79.9B	40.0B	42.6B
Cash And Short Term Investments	86.9B	124.2B	82.9B	75.4B	73.6B	44.3B
Common Stock Shares Outstanding	879.6M	882.2M	886.2M	885.8M	887.2M	800.3M
Short Term Investments	56.7B	97.3B	45.0B	34.8B	30.1B	25.1B
Liabilities And Stockholders Equity	373.5B	396.8B	448.7B	461.5B	434.2B	218.3B
Other Current Assets	144.5B	29.5B	29.7B	29.3B	30.9B	44.0B
Other Stockholder Equity	100.0B	10.6B	12.8B	14.3B	15.6B	14.8B
Total Liab	151.5B	144.3B	174.9B	177.6B	162.8B	83.7B
Total Current Assets	231.7B	252.6B	244.6B	244.3B	234.3B	126.1B
Accumulated Other Comprehensive Income	(70.9B)	30.8B	26.4B	22.0B	18.6B	19.5B
Common Stock	4.4B	4.4B	4.4B	4.4B	4.9B	3.1B
Good Will	33.9B	40.1B	74.3B	76.7B	75.1B	78.9B
Short Long Term Debt Total	36.7B	29.0B	26.2B	27.4B	25.4B	17.8B
Non Current Liabilities Total	29.9B	29.3B	49.8B	44.4B	36.6B	20.4B
Inventory	358M	242M	405M	236M	375M	279.1M
Intangible Assets	15.1B	14.5B	36.6B	32.7B	28.4B	29.8B
Current Deferred Revenue	38.3B	43.8B	58.1B	51.3B	13.1B	12.4B
Retained Earnings	184.6B	202.9B	225.2B	238.6B	227.7B	154.8B
Net Receivables	118.4B	98.7B	131.5B	145.7B	129.7B	100.1B
Short Term Debt	26.4B	19.3B	17.6B	18.2B	17.6B	15.1B
Other Liab	31.9B	31.8B	41.2B	35.2B	40.5B	29.2B
Net Tangible Assets	169.2B	194.1B	158.0B	169.9B	195.4B	158.7B
Other Assets	51.2B	47.8B	50.6B	26.7B	30.7B	37.6B
Long Term Debt	1.8B	1.7B	1.4B	1.3B	1.0B	1.8B
Short Long Term Debt	22.9B	15.0B	14.4B	14.5B	14.3B	12.6B
Property Plant Equipment	38.8B	35.9B	37.8B	40.4B	46.5B	36.1B
Long Term Debt Total	10.3B	9.7B	8.6B	9.2B	10.6B	7.4B
Capital Surpluse	9.2B	10.6B	12.9B	14.3B	12.9B	11.9B
Capital Lease Obligations	12.0B	12.1B	10.4B	11.6B	10.1B	8.6B
Deferred Long Term Liab	666M	9.7B	8.5B	6.0B	6.9B	5.1B

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

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Tech Change To Account Receivables vs Stock Based Compensation Analysis

Change To Account Receivables vs Stock Based Compensation

Change To Account Receivables vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Stock Based Compensation

Tech Mahindra fundamental ratios Correlations

Tech Mahindra Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tech Mahindra fundamental ratios Accounts

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Other Information on Investing in Tech Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Accounts Payable

Cash	- 0.69	Net Debt
Common Stock Shares Outstanding	- 0.51	Net Debt
Net Receivables	- 0.41	Net Debt
Net Debt	- 0.41	Other Current Liab
Good Will	- 0.34	Other Stockholder Equity
Good Will	- 0.33	Net Debt