Zensar Good Will vs Total Assets 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 Good Will and its Total Assets 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.

Good Will vs Total Assets

Good Will vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zensar Technologies Good Will account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zensar Technologies' Good Will and Total Assets is 0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets 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' Good Will and Total 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 Good Will of Zensar Technologies Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Zensar Technologies' Good Will and Total Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Assets

Total assets refers to the total amount of Zensar Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zensar Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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