Zensar Cash And Short Term Investments vs Net Receivables Analysis

ZENSARTECH   755.25  11.75  1.53%   
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 Cash And Short Term Investments and its Net Receivables 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.

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zensar Technologies Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zensar Technologies' Cash And Short Term Investments and Net Receivables is 0.52. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables 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' Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Zensar Technologies Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Zensar Technologies' Cash And Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Zensar Technologies balance sheet. This account contains Zensar Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zensar Technologies Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Receivables

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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