INFY Stock | | | 1,858 2.45 0.13% |
Infosys financial indicator trend analysis is infinitely more than just investigating Infosys Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infosys Limited is a good investment. Please check the relationship between Infosys Change To Account Receivables and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infosys 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 board of governors.
Change To Account Receivables vs Depreciation
Change To Account Receivables vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Infosys Limited Change To Account Receivables account and
Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Infosys' Change To Account Receivables and Depreciation is -0.59. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Depreciation in the same time period over historical financial statements of Infosys Limited, assuming nothing else is changed. The correlation between historical values of Infosys' Change To Account Receivables and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Infosys Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Account Receivables i.e., Infosys' Change To Account Receivables and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change To Account Receivables
Depreciation
Depreciation indicates how much of Infosys Limited value has been used up. For tax purposes Infosys can deduct the cost of the tangible assets it purchases as business expenses. However, Infosys Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Infosys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infosys Limited 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infosys 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 board of governors.
Selling General Administrative is likely to drop to about 532
M in 2024.
Tax Provision is likely to drop to about 1.1
B in 2024
Infosys fundamental ratios Correlations
Click cells to compare fundamentals
Infosys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Infosys fundamental ratios Accounts
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Additional Tools for Infosys Stock Analysis
When running Infosys' price analysis, check to
measure Infosys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Infosys is operating at the current time. Most of Infosys' value examination focuses on studying past and present price action to
predict the probability of Infosys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infosys' price. Additionally, you may evaluate how the addition of Infosys to your portfolios can decrease your overall portfolio volatility.