Zensar Accounts Payable vs Short Term Investments Analysis

ZENSARTECH   759.10  2.85  0.38%   
Zensar Technologies financial indicator trend analysis is more than just analyzing Zensar Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zensar Technologies is a good investment. Please check the relationship between Zensar Technologies Accounts Payable and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies 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 nation.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zensar Technologies Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zensar Technologies' Accounts Payable and Short Term Investments is 0.56. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Zensar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Zensar Technologies' Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Zensar Technologies Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Zensar Technologies' Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Zensar Technologies 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 Zensar Technologies 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.

Short Term Investments

Short Term Investments is an item under the current assets section of Zensar Technologies balance sheet. It contains any investments Zensar Technologies Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Zensar Technologies can easily liquidate in the marketplace.
Most indicators from Zensar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zensar Technologies 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 Zensar Technologies 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 nation.
Selling General Administrative is likely to drop to about 167.2 M in 2024. Tax Provision is likely to drop to about 1.4 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit11.0B8.9B11.2B10.1B
Total Revenue42.4B48.5B49.0B27.0B

Zensar Technologies fundamental ratios Correlations

0.470.540.770.990.68-0.360.940.840.80.990.540.94-0.360.880.630.51-0.410.770.99-0.070.580.860.160.76-0.56
0.470.030.730.330.810.60.230.550.660.48-0.070.360.040.230.850.05-0.750.820.460.540.330.520.740.47-0.26
0.540.030.170.590.35-0.40.680.280.30.580.280.7-0.420.760.330.780.210.230.5-0.050.340.31-0.33-0.01-0.66
0.770.730.170.680.740.070.530.940.890.730.170.580.120.440.740.2-0.640.970.80.330.70.90.490.88-0.39
0.990.330.590.680.59-0.490.970.780.740.980.610.96-0.40.910.520.52-0.30.670.98-0.20.540.820.050.7-0.56
0.680.810.350.740.590.190.520.690.840.70.00.680.10.580.930.32-0.520.850.650.250.360.740.290.5-0.7
-0.360.6-0.40.07-0.490.19-0.55-0.19-0.14-0.34-0.47-0.430.25-0.480.31-0.4-0.450.16-0.380.65-0.13-0.240.63-0.190.24
0.940.230.680.530.970.52-0.550.670.640.950.620.97-0.460.960.460.63-0.230.540.91-0.280.430.72-0.070.54-0.56
0.840.550.280.940.780.69-0.190.670.90.80.250.680.090.560.690.35-0.540.910.860.180.670.940.230.88-0.47
0.80.660.30.890.740.84-0.140.640.90.770.180.720.150.580.760.34-0.470.90.810.110.570.910.280.76-0.55
0.990.480.580.730.980.7-0.340.950.80.770.520.96-0.370.910.660.56-0.430.750.97-0.070.520.840.130.69-0.59
0.54-0.070.280.170.610.0-0.470.620.250.180.520.55-0.580.57-0.040.210.150.10.56-0.470.470.270.120.30.12
0.940.360.70.580.960.68-0.430.970.680.720.960.55-0.390.980.590.62-0.260.620.91-0.220.440.75-0.010.52-0.68
-0.360.04-0.420.12-0.40.10.25-0.460.090.15-0.37-0.58-0.39-0.440.04-0.38-0.10.1-0.340.12-0.090.11-0.050.02-0.03
0.880.230.760.440.910.58-0.480.960.560.580.910.570.98-0.440.490.64-0.150.490.84-0.30.370.64-0.130.38-0.68
0.630.850.330.740.520.930.310.460.690.760.66-0.040.590.040.490.43-0.610.880.60.490.410.630.320.45-0.59
0.510.050.780.20.520.32-0.40.630.350.340.560.210.62-0.380.640.430.010.30.460.050.230.26-0.360.0-0.51
-0.41-0.750.21-0.64-0.3-0.52-0.45-0.23-0.54-0.47-0.430.15-0.26-0.1-0.15-0.610.01-0.67-0.39-0.4-0.01-0.48-0.6-0.550.12
0.770.820.230.970.670.850.160.540.910.90.750.10.620.10.490.880.3-0.670.780.410.640.860.460.78-0.49
0.990.460.50.80.980.65-0.380.910.860.810.970.560.91-0.340.840.60.46-0.390.78-0.070.630.880.20.8-0.53
-0.070.54-0.050.33-0.20.250.65-0.280.180.11-0.07-0.47-0.220.12-0.30.490.05-0.40.41-0.070.27-0.030.390.10.01
0.580.330.340.70.540.36-0.130.430.670.570.520.470.44-0.090.370.410.23-0.010.640.630.270.590.250.6-0.17
0.860.520.310.90.820.74-0.240.720.940.910.840.270.750.110.640.630.26-0.480.860.88-0.030.590.210.87-0.57
0.160.74-0.330.490.050.290.63-0.070.230.280.130.12-0.01-0.05-0.130.32-0.36-0.60.460.20.390.250.210.390.31
0.760.47-0.010.880.70.5-0.190.540.880.760.690.30.520.020.380.450.0-0.550.780.80.10.60.870.39-0.24
-0.56-0.26-0.66-0.39-0.56-0.70.24-0.56-0.47-0.55-0.590.12-0.68-0.03-0.68-0.59-0.510.12-0.49-0.530.01-0.17-0.570.31-0.24
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Zensar Technologies Account Relationship Matchups

Zensar Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.0B34.3B38.7B41.2B46.5B48.8B
Short Long Term Debt Total7.5B3.5B3.4B2.7B1.9B2.1B
Other Current Liab22.4M4.0B3.3B4.1B4.1B4.3B
Total Current Liabilities10.4B7.4B8.3B8.6B8.5B5.3B
Total Stockholder Equity20.9B23.4B26.9B29.8B35.6B37.4B
Property Plant And Equipment Net4.6B3.9B3.8B3.3B2.3B1.7B
Net Debt2.6B3.4M(1.7B)(2.0B)(2.6B)(2.4B)
Retained Earnings8.6B11.3B14.2B16.7B22.0B23.2B
Accounts Payable2.6B2.2B3.2B2.8B3.1B1.9B
Cash4.9B3.5B5.1B4.7B4.4B2.5B
Non Current Assets Total15.4B14.4B16.1B18.0B20.5B21.6B
Non Currrent Assets Other1.4B1.0B1.1B566M3.3B3.4B
Cash And Short Term Investments7.8B10.6B10.2B11.8B13.8B14.5B
Common Stock Shares Outstanding228.4M227.6M227.9M227.5M228.3M182.9M
Short Term Investments2.9B7.1B5.2B7.0B9.4B9.9B
Liabilities And Stockholders Equity36.0B34.3B38.7B41.2B46.5B48.8B
Non Current Liabilities Total4.4B3.2B3.5B2.9B2.3B1.7B
Other Current Assets10M622.3M1.2B1.3B1.3B1.4B
Other Stockholder Equity(19.9B)302.2M417M462M532M505.4M
Total Liab14.8B10.6B11.8B11.4B10.9B7.0B
Total Current Assets20.6B19.9B22.6B23.2B25.9B27.2B
Accumulated Other Comprehensive Income(2.2B)11.4B11.8B12.2B12.6B13.2B
Intangible Assets2.3B1.7B1.8B1.0B540M513M
Common Stock450.8M451.2M452M453M521.0M420.3M
Good Will6.5B5.8B7.2B7.5B7.6B4.0B
Short Term Debt3.7B957M545M(86M)637M1.2B
Net Receivables11.8B8.5B11.5B10.4B10.9B9.3B
Inventory941.2M(3.5B)(1.6B)(2.7B)(91M)(86.5M)
Current Deferred Revenue4.0B3.1B2.9B4.4B235M223.3M
Other Liab775M641.6M699.9M1.2B1.4B709.9M
Net Tangible Assets10.9B12.1B16.0B17.8B20.5B12.5B
Other Assets1.9B1.5B1.6B1.3B1.5B1.2B
Property Plant Equipment4.6B3.9B3.8B3.3B3.8B2.3B
Long Term Debt Total3.8B2.5B2.3B1.9B2.2B1.6B
Capital Surpluse281.2M301.8M417M462M531.3M318.6M
Capital Lease Obligations4.2B3.5B3.4B2.7B1.9B2.3B
Cash And Equivalents183.7M870M1.5B1.8B2.1B2.2B

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