Persistent Net Receivables vs Other Stockholder Equity Analysis

PERSISTENT

5,906 73.65 1.26%

Persistent Systems financial indicator trend analysis is much more than just breaking down Persistent Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Persistent Systems is a good investment. Please check the relationship between Persistent Systems Net Receivables and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Persistent Systems 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 gross domestic product.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Persistent Systems Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Persistent Systems' Net Receivables and Other Stockholder Equity is -0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Persistent Systems Limited, assuming nothing else is changed. The correlation between historical values of Persistent Systems' Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Persistent Systems Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Persistent Systems' Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Other Stockholder Equity

Most indicators from Persistent Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Persistent Systems 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Persistent Systems 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 gross domestic product.

Selling General Administrative is likely to gain to about 13.4 B in 2024, whereas Tax Provision is likely to drop slightly above 2 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	14.4B	23.4B	26.9B	28.2B
Total Revenue	57.1B	83.5B	98.2B	103.1B

Gross Profit Total Revenue

Persistent Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Accounts Payable	Net Receivables	Intangible Assets	Other Assets	Inventory	Other Liab
Total Assets		0.89	0.96	0.99	0.99	0.93	-0.19	0.92	0.99	0.07	0.6	-0.09	0.19	0.71	0.71	0.24	0.98	0.99	0.47	0.6	0.98	0.85	0.7	0.86	0.08	0.9
Short Long Term Debt Total	0.89		0.93	0.91	0.82	0.87	0.1	0.88	0.9	-0.17	0.47	0.01	0.06	0.93	0.44	0.03	0.96	0.83	0.25	0.54	0.86	0.85	0.87	0.93	0.2	0.95
Other Current Liab	0.96	0.93		0.97	0.93	0.92	-0.18	0.95	0.95	-0.01	0.58	-0.09	0.16	0.81	0.57	0.04	0.98	0.94	0.44	0.57	0.92	0.89	0.78	0.84	0.11	0.9
Total Current Liabilities	0.99	0.91	0.97		0.97	0.95	-0.19	0.94	1.0	-0.01	0.5	-0.11	0.11	0.73	0.73	0.22	0.99	0.96	0.37	0.52	0.99	0.83	0.69	0.86	0.18	0.94
Total Stockholder Equity	0.99	0.82	0.93	0.97		0.9	-0.26	0.89	0.97	0.18	0.63	-0.1	0.25	0.62	0.76	0.3	0.94	1.0	0.5	0.57	0.97	0.81	0.61	0.81	0.04	0.85
Property Plant And Equipment Net	0.93	0.87	0.92	0.95	0.9		-0.22	0.91	0.96	-0.13	0.37	-0.12	0.05	0.69	0.7	0.21	0.94	0.88	0.29	0.44	0.93	0.75	0.63	0.79	0.32	0.92
Net Debt	-0.19	0.1	-0.18	-0.19	-0.26	-0.22		-0.38	-0.21	-0.22	0.01	0.15	0.09	0.25	-0.41	0.22	-0.1	-0.24	-0.23	0.25	-0.22	-0.16	0.19	0.32	-0.1	0.03
Cash	0.92	0.88	0.95	0.94	0.89	0.91	-0.38		0.94	-0.05	0.43	-0.07	0.01	0.74	0.61	-0.06	0.94	0.88	0.33	0.38	0.9	0.86	0.71	0.71	0.23	0.87
Non Current Assets Total	0.99	0.9	0.95	1.0	0.97	0.96	-0.21	0.94		-0.03	0.47	-0.1	0.07	0.7	0.75	0.23	0.98	0.95	0.37	0.52	0.98	0.81	0.68	0.84	0.21	0.94
Non Currrent Assets Other	0.07	-0.17	-0.01	-0.01	0.18	-0.13	-0.22	-0.05	-0.03		0.51	0.15	0.81	-0.24	0.02	0.32	-0.07	0.19	0.23	-0.05	0.05	0.02	-0.28	-0.06	-0.32	-0.23
Cash And Short Term Investments	0.6	0.47	0.58	0.5	0.63	0.37	0.01	0.43	0.47	0.51		0.13	0.68	0.5	0.13	0.1	0.53	0.68	0.76	0.7	0.47	0.72	0.56	0.55	-0.58	0.32
Common Stock Shares Outstanding	-0.09	0.01	-0.09	-0.11	-0.1	-0.12	0.15	-0.07	-0.1	0.15	0.13		0.31	0.1	-0.28	0.11	-0.06	-0.09	-0.15	-0.01	-0.16	0.09	0.12	-0.02	0.09	-0.03
Short Term Investments	0.19	0.06	0.16	0.11	0.25	0.05	0.09	0.01	0.07	0.81	0.68	0.31		0.05	-0.12	0.4	0.1	0.29	0.3	0.13	0.11	0.17	-0.03	0.2	-0.4	-0.06
Non Current Liabilities Total	0.71	0.93	0.81	0.73	0.62	0.69	0.25	0.74	0.7	-0.24	0.5	0.1	0.05		0.11	-0.21	0.83	0.64	0.25	0.57	0.63	0.83	0.95	0.84	0.07	0.79
Other Current Assets	0.71	0.44	0.57	0.73	0.76	0.7	-0.41	0.61	0.75	0.02	0.13	-0.28	-0.12	0.11		0.51	0.62	0.72	0.22	0.29	0.81	0.35	0.13	0.45	0.31	0.66
Other Stockholder Equity	0.24	0.03	0.04	0.22	0.3	0.21	0.22	-0.06	0.23	0.32	0.1	0.11	0.4	-0.21	0.51		0.13	0.27	-0.04	0.11	0.32	-0.16	-0.27	0.3	0.1	0.23
Total Liab	0.98	0.96	0.98	0.99	0.94	0.94	-0.1	0.94	0.98	-0.07	0.53	-0.06	0.1	0.83	0.62	0.13		0.94	0.36	0.56	0.95	0.87	0.79	0.9	0.16	0.95
Total Current Assets	0.99	0.83	0.94	0.96	1.0	0.88	-0.24	0.88	0.95	0.19	0.68	-0.09	0.29	0.64	0.72	0.27	0.94		0.53	0.59	0.96	0.83	0.63	0.81	-0.01	0.83
Common Stock	0.47	0.25	0.44	0.37	0.5	0.29	-0.23	0.33	0.37	0.23	0.76	-0.15	0.3	0.25	0.22	-0.04	0.36	0.53		0.71	0.34	0.58	0.43	0.3	-0.72	0.14
Retained Earnings	0.6	0.54	0.57	0.52	0.57	0.44	0.25	0.38	0.52	-0.05	0.7	-0.01	0.13	0.57	0.29	0.11	0.56	0.59	0.71		0.47	0.64	0.71	0.66	-0.36	0.5
Accounts Payable	0.98	0.86	0.92	0.99	0.97	0.93	-0.22	0.9	0.98	0.05	0.47	-0.16	0.11	0.63	0.81	0.32	0.95	0.96	0.34	0.47		0.76	0.59	0.83	0.2	0.92
Net Receivables	0.85	0.85	0.89	0.83	0.81	0.75	-0.16	0.86	0.81	0.02	0.72	0.09	0.17	0.83	0.35	-0.16	0.87	0.83	0.58	0.64	0.76		0.89	0.74	-0.1	0.74
Intangible Assets	0.7	0.87	0.78	0.69	0.61	0.63	0.19	0.71	0.68	-0.28	0.56	0.12	-0.03	0.95	0.13	-0.27	0.79	0.63	0.43	0.71	0.59	0.89		0.78	-0.06	0.73
Other Assets	0.86	0.93	0.84	0.86	0.81	0.79	0.32	0.71	0.84	-0.06	0.55	-0.02	0.2	0.84	0.45	0.3	0.9	0.81	0.3	0.66	0.83	0.74	0.78		0.06	0.9
Inventory	0.08	0.2	0.11	0.18	0.04	0.32	-0.1	0.23	0.21	-0.32	-0.58	0.09	-0.4	0.07	0.31	0.1	0.16	-0.01	-0.72	-0.36	0.2	-0.1	-0.06	0.06		0.38
Other Liab	0.9	0.95	0.9	0.94	0.85	0.92	0.03	0.87	0.94	-0.23	0.32	-0.03	-0.06	0.79	0.66	0.23	0.95	0.83	0.14	0.5	0.92	0.74	0.73	0.9	0.38

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Persistent Systems Account Relationship Matchups

Persistent Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.9B	36.7B	54.1B	66.2B	73.7B	77.4B
Short Long Term Debt Total	713.7M	984.4M	5.8B	6.6B	4.5B	4.7B
Other Current Liab	2.6B	4.4B	6.7B	9.9B	8.1B	8.5B
Total Current Liabilities	6.5B	7.7B	14.2B	19.6B	21.8B	22.9B
Total Stockholder Equity	23.9B	28.0B	31.7B	39.7B	49.6B	52.1B
Property Plant And Equipment Net	3.0B	3.4B	5.3B	7.2B	7.9B	8.3B
Net Debt	(1.2B)	(1.3B)	2.8B	(2.5B)	(2.1B)	(2.0B)
Cash	1.9B	2.3B	3.0B	9.0B	6.6B	7.0B
Non Current Assets Total	11.1B	10.0B	20.6B	28.1B	32.5B	34.1B
Non Currrent Assets Other	8.2B	13.4B	(1.1B)	(1.1B)	2.9B	1.8B
Cash And Short Term Investments	9.6B	15.0B	12.8B	10.9B	10.5B	6.4B
Short Term Investments	7.7B	12.8B	5.5B	1.9B	3.9B	3.2B
Liabilities And Stockholders Equity	30.9B	36.7B	54.1B	66.2B	73.7B	77.4B
Non Current Liabilities Total	590.3M	1.0B	6.2B	7.0B	2.3B	2.4B
Other Current Assets	2.1B	1.5B	1.4B	3.3B	30.7B	32.2B
Other Stockholder Equity	13.0B	15.6B	17.4B	(41.3B)	29.5B	30.9B
Total Liab	7.1B	8.7B	20.5B	26.5B	24.2B	25.4B
Total Current Assets	19.9B	26.7B	28.3B	35.2B	41.2B	43.3B
Accumulated Other Comprehensive Income	13.0B	15.6B	19.4B	24.7B	48.8B	51.2B
Retained Earnings	10.1B	11.6B	30.9B	16.6B	19.3B	14.9B
Accounts Payable	2.2B	2.7B	4.3B	5.7B	8.1B	8.5B
Net Receivables	8.1B	9.4B	13.7B	21.6B	16.8B	8.9B
Intangible Assets	1.6B	1.2B	8.3B	9.2B	4.6B	2.3B
Other Assets	1.5B	1.5B	5.2B	2.9B	3.4B	3.5B
Inventory	(3.3B)	(5.2B)	(6.4B)	(4.3B)	(1.9B)	1.05
Other Liab	176.8M	182.8M	240.9M	2.3B	2.7B	2.8B
Net Tangible Assets	21.5B	22.2B	26.6B	22.6B	26.0B	20.4B
Long Term Debt	46.2M	44.3M	2.8B	2.1B	99.2M	94.2M
Good Will	88.9M	85.9M	2.8B	7.2B	10.9B	11.5B
Short Long Term Debt	5.0M	2.0M	1.5B	2.2B	2.0B	2.1B
Short Term Debt	314.1M	224.0M	1.9B	2.9B	2.8B	2.9B
Property Plant Equipment	3.0B	3.4B	5.3B	7.2B	8.3B	8.7B
Current Deferred Revenue	3.7B	4.3B	1.0B	1.1B	2.2B	1.4B
Long Term Debt Total	46.2M	760.4M	3.9B	3.6B	4.2B	4.4B
Cash And Equivalents	1.9B	2.4B	3.0B	4.7B	5.4B	5.6B
Net Invested Capital	23.9B	28.0B	38.0B	43.9B	51.7B	36.2B
Net Working Capital	13.4B	19.0B	14.1B	15.6B	19.4B	17.0B

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Persistent Net Receivables vs Other Stockholder Equity Analysis

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Receivables

Other Stockholder Equity

Persistent Systems fundamental ratios Correlations

Persistent Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Persistent Systems fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Inventory	- 0.72	Common Stock
Inventory	- 0.58	Cash And Short Term Investments
Other Current Assets	- 0.41	Net Debt
Inventory	- 0.4	Short Term Investments
Cash	- 0.38	Net Debt
Inventory	- 0.36	Retained Earnings