Zensar Short Term Investments vs Total Current Liabilities 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 Short Term Investments and its Total Current Liabilities 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.

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zensar Technologies Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zensar Technologies' Short Term Investments and Total Current Liabilities is 0.44. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities 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' Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Zensar Technologies Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., Zensar Technologies' Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Current Liabilities

Total Current Liabilities is an item on Zensar Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zensar Technologies Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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