WNS Stock | | | USD 52.07 0.17 0.33% |
WNS Holdings financial indicator trend analysis is more than just analyzing WNS Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WNS Holdings is a good investment. Please check the relationship between WNS Holdings Current Deferred Revenue and its Total Current Assets accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WNS Holdings. 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.
For more information on how to buy WNS Stock please use our
How to Invest in WNS Holdings guide.
Current Deferred Revenue vs Total Current Assets
Current Deferred Revenue vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WNS Holdings Current Deferred Revenue account and
Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WNS Holdings' Current Deferred Revenue and Total Current Assets is 0.46. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of WNS Holdings, assuming nothing else is changed. The correlation between historical values of WNS Holdings' Current Deferred Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of WNS Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Current Deferred Revenue i.e., WNS Holdings' Current Deferred Revenue and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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.
Most indicators from WNS Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WNS Holdings 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WNS Holdings. 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.
For more information on how to buy WNS Stock please use our
How to Invest in WNS Holdings guide.
Tax Provision is likely to gain to about 27.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 92.8
M in 2024.
WNS Holdings fundamental ratios Correlations
Click cells to compare fundamentals
WNS Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WNS Holdings fundamental ratios Accounts
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Additional Tools for WNS Stock Analysis
When running WNS Holdings' price analysis, check to
measure WNS Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WNS Holdings is operating at the current time. Most of WNS Holdings' value examination focuses on studying past and present price action to
predict the probability of WNS Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WNS Holdings' price. Additionally, you may evaluate how the addition of WNS Holdings to your portfolios can decrease your overall portfolio volatility.