ISoftStone Intangible Assets vs Cash Analysis

301236 Stock   61.01  2.03  3.22%   
ISoftStone Information financial indicator trend analysis is infinitely more than just investigating iSoftStone Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iSoftStone Information is a good investment. Please check the relationship between ISoftStone Information Intangible Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iSoftStone Information Technology. 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.

Intangible Assets vs Cash

Intangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSoftStone Information Intangible Assets account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between ISoftStone Information's Intangible Assets and Cash is 0.99. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of iSoftStone Information Technology, assuming nothing else is changed. The correlation between historical values of ISoftStone Information's Intangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of iSoftStone Information Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Intangible Assets i.e., ISoftStone Information's Intangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Cash

Cash refers to the most liquid asset of iSoftStone Information, which is listed under current asset account on iSoftStone Information Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ISoftStone Information customers. The amounts must be unrestricted with restricted cash listed in a different ISoftStone Information account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from ISoftStone Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iSoftStone Information 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in iSoftStone Information Technology. 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.
The current year's Selling General Administrative is expected to grow to about 799.2 M, whereas Tax Provision is forecasted to decline to about 8.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense146.5M131.5M78.8M74.8M
Interest Income21.3M55.1M62.6M42.9M

ISoftStone Information fundamental ratios Correlations

-0.750.781.0-0.60.960.890.990.990.68-0.880.95-0.840.95-0.710.88-0.570.571.00.241.00.961.00.990.91-0.05
-0.75-0.77-0.70.46-0.88-0.49-0.72-0.7-0.450.67-0.810.99-0.90.16-0.80.33-0.84-0.7-0.03-0.76-0.68-0.73-0.68-0.78-0.3
0.78-0.770.73-0.690.850.720.710.760.65-0.950.92-0.810.8-0.630.96-0.830.90.730.560.790.690.720.720.960.41
1.0-0.70.73-0.560.940.91.00.990.66-0.850.93-0.80.93-0.720.84-0.550.51.00.21.00.961.01.00.88-0.1
-0.60.46-0.69-0.56-0.54-0.63-0.55-0.63-0.950.61-0.580.51-0.590.5-0.80.42-0.65-0.59-0.82-0.59-0.62-0.55-0.59-0.650.26
0.96-0.880.850.94-0.540.820.930.940.62-0.880.98-0.950.99-0.580.91-0.580.710.930.180.960.910.940.920.930.16
0.89-0.490.720.9-0.630.820.860.940.79-0.840.85-0.610.81-0.880.81-0.660.40.90.450.870.940.870.910.82-0.17
0.99-0.720.711.0-0.550.930.860.980.63-0.830.92-0.810.93-0.680.83-0.50.51.00.160.990.951.00.990.87-0.11
0.99-0.70.760.99-0.630.940.940.980.75-0.860.93-0.80.94-0.750.88-0.560.520.990.30.980.990.980.990.88-0.14
0.68-0.450.650.66-0.950.620.790.630.75-0.630.63-0.530.67-0.60.8-0.420.530.680.740.660.770.640.70.66-0.38
-0.880.67-0.95-0.850.61-0.88-0.84-0.83-0.86-0.63-0.960.76-0.820.81-0.930.88-0.72-0.84-0.48-0.88-0.78-0.84-0.84-0.98-0.3
0.95-0.810.920.93-0.580.980.850.920.930.63-0.96-0.880.94-0.70.95-0.740.730.920.320.960.880.930.920.990.23
-0.840.99-0.81-0.80.51-0.95-0.61-0.81-0.8-0.530.76-0.88-0.950.3-0.860.42-0.82-0.8-0.09-0.85-0.77-0.82-0.78-0.85-0.25
0.95-0.90.80.93-0.590.990.810.930.940.67-0.820.94-0.95-0.510.9-0.470.690.930.170.950.930.940.930.890.03
-0.710.16-0.63-0.720.5-0.58-0.88-0.68-0.75-0.60.81-0.70.3-0.51-0.650.81-0.23-0.72-0.56-0.7-0.69-0.68-0.73-0.720.06
0.88-0.80.960.84-0.80.910.810.830.880.8-0.930.95-0.860.9-0.65-0.720.850.850.560.880.830.840.840.970.16
-0.570.33-0.83-0.550.42-0.58-0.66-0.5-0.56-0.420.88-0.740.42-0.470.81-0.72-0.57-0.53-0.59-0.57-0.46-0.51-0.53-0.8-0.5
0.57-0.840.90.5-0.650.710.40.50.520.53-0.720.73-0.820.69-0.230.85-0.570.50.460.580.460.510.480.80.48
1.0-0.70.731.0-0.590.930.91.00.990.68-0.840.92-0.80.93-0.720.85-0.530.50.220.990.971.01.00.87-0.13
0.24-0.030.560.2-0.820.180.450.160.30.74-0.480.32-0.090.17-0.560.56-0.590.460.220.230.260.170.240.44-0.07
1.0-0.760.791.0-0.590.960.870.990.980.66-0.880.96-0.850.95-0.70.88-0.570.580.990.230.951.00.990.92-0.03
0.96-0.680.690.96-0.620.910.940.950.990.77-0.780.88-0.770.93-0.690.83-0.460.460.970.260.950.950.970.82-0.24
1.0-0.730.721.0-0.550.940.871.00.980.64-0.840.93-0.820.94-0.680.84-0.510.511.00.171.00.950.990.87-0.09
0.99-0.680.721.0-0.590.920.910.990.990.7-0.840.92-0.780.93-0.730.84-0.530.481.00.240.990.970.990.87-0.15
0.91-0.780.960.88-0.650.930.820.870.880.66-0.980.99-0.850.89-0.720.97-0.80.80.870.440.920.820.870.870.28
-0.05-0.30.41-0.10.260.16-0.17-0.11-0.14-0.38-0.30.23-0.250.030.060.16-0.50.48-0.13-0.07-0.03-0.24-0.09-0.150.28
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ISoftStone Information Account Relationship Matchups

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Other Information on Investing in ISoftStone Stock

Balance Sheet is a snapshot of the financial position of iSoftStone Information at a specified time, usually calculated after every quarter, six months, or one year. ISoftStone Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ISoftStone Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ISoftStone currently owns. An asset can also be divided into two categories, current and non-current.