Sasken Other Current Assets vs Cash Analysis

SASKEN Stock   1,602  6.85  0.43%   
Sasken Technologies financial indicator trend analysis is much more than just breaking down Sasken Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sasken Technologies is a good investment. Please check the relationship between Sasken Technologies Other Current Assets and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sasken 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 income.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sasken Technologies Other Current Assets account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sasken Technologies' Other Current Assets and Cash is -0.13. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Sasken Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sasken Technologies' Other Current 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 Other Current Assets of Sasken Technologies Limited 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 Other Current Assets i.e., Sasken Technologies' Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of Sasken Technologies, which is listed under current asset account on Sasken Technologies Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sasken Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Sasken Technologies 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 Sasken Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sasken 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sasken 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 income.
The current year's Tax Provision is expected to grow to about 239.3 M, whereas Selling General Administrative is forecasted to decline to about 110.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.6B899.3M809.4M768.9M
Total Revenue4.5B4.1B3.7B3.8B

Sasken Technologies fundamental ratios Correlations

0.470.340.760.99-0.78-0.04-0.220.080.84-0.2-0.230.16-0.52-0.30.65-0.08-0.03-0.240.780.010.39-0.51-0.76-0.240.6
0.470.450.410.45-0.310.16-0.39-0.140.52-0.27-0.340.27-0.45-0.350.66-0.280.5-0.280.48-0.120.32-0.46-0.410.230.01
0.340.450.50.31-0.48-0.15-0.290.150.23-0.20.150.44-0.170.080.47-0.70.61-0.360.510.3-0.15-0.16-0.590.090.08
0.760.410.50.69-0.72-0.170.220.210.560.080.150.27-0.30.060.67-0.240.36-0.190.990.350.28-0.34-0.78-0.010.32
0.990.450.310.69-0.77-0.01-0.270.050.84-0.22-0.270.16-0.53-0.330.59-0.06-0.11-0.240.7-0.030.35-0.51-0.74-0.280.62
-0.78-0.31-0.48-0.72-0.770.140.1-0.15-0.540.04-0.04-0.360.470.01-0.380.30.00.23-0.68-0.20.090.470.930.33-0.43
-0.040.16-0.15-0.17-0.010.14-0.07-0.990.08-0.37-0.580.27-0.3-0.13-0.06-0.340.15-0.24-0.16-0.46-0.12-0.370.21-0.070.17
-0.22-0.39-0.290.22-0.270.1-0.070.05-0.350.730.590.270.510.65-0.250.33-0.080.30.140.57-0.120.440.010.25-0.37
0.08-0.140.150.210.05-0.15-0.990.05-0.070.350.56-0.290.280.120.10.33-0.130.210.20.440.150.34-0.210.08-0.15
0.840.520.230.560.84-0.540.08-0.35-0.07-0.41-0.5-0.07-0.65-0.630.73-0.02-0.07-0.210.64-0.240.63-0.63-0.56-0.250.63
-0.2-0.27-0.20.08-0.220.04-0.370.730.35-0.410.810.410.760.75-0.30.51-0.160.420.010.83-0.20.73-0.090.31-0.52
-0.23-0.340.150.15-0.27-0.04-0.580.590.56-0.50.810.290.680.87-0.230.110.070.130.080.92-0.320.66-0.190.32-0.5
0.160.270.440.270.16-0.360.270.27-0.29-0.070.410.290.280.520.03-0.270.3-0.110.220.52-0.460.2-0.470.1-0.15
-0.52-0.45-0.17-0.3-0.530.47-0.30.510.28-0.650.760.680.280.65-0.420.41-0.10.39-0.350.62-0.250.970.330.27-0.58
-0.3-0.350.080.06-0.330.01-0.130.650.12-0.630.750.870.520.65-0.39-0.080.150.03-0.040.81-0.540.59-0.090.31-0.5
0.650.660.470.670.59-0.38-0.06-0.250.10.73-0.3-0.230.03-0.42-0.39-0.220.47-0.310.78-0.010.68-0.47-0.450.150.32
-0.08-0.28-0.7-0.24-0.060.3-0.340.330.33-0.020.510.11-0.270.41-0.08-0.22-0.690.66-0.230.090.370.440.310.12-0.21
-0.030.50.610.36-0.110.00.15-0.08-0.13-0.07-0.160.070.3-0.10.150.47-0.69-0.50.390.12-0.08-0.16-0.140.22-0.06
-0.24-0.28-0.36-0.19-0.240.23-0.240.30.21-0.210.420.13-0.110.390.03-0.310.66-0.5-0.210.130.20.420.280.36-0.44
0.780.480.510.990.7-0.68-0.160.140.20.640.010.080.22-0.35-0.040.78-0.230.39-0.210.30.4-0.38-0.750.020.33
0.01-0.120.30.35-0.03-0.2-0.460.570.44-0.240.830.920.520.620.81-0.010.090.120.130.3-0.190.58-0.390.36-0.42
0.390.32-0.150.280.350.09-0.12-0.120.150.63-0.2-0.32-0.46-0.25-0.540.680.37-0.080.20.4-0.19-0.250.040.290.14
-0.51-0.46-0.16-0.34-0.510.47-0.370.440.34-0.630.730.660.20.970.59-0.470.44-0.160.42-0.380.58-0.250.340.23-0.55
-0.76-0.41-0.59-0.78-0.740.930.210.01-0.21-0.56-0.09-0.19-0.470.33-0.09-0.450.31-0.140.28-0.75-0.390.040.340.24-0.36
-0.240.230.09-0.01-0.280.33-0.070.250.08-0.250.310.320.10.270.310.150.120.220.360.020.360.290.230.24-0.78
0.60.010.080.320.62-0.430.17-0.37-0.150.63-0.52-0.5-0.15-0.58-0.50.32-0.21-0.06-0.440.33-0.420.14-0.55-0.36-0.78
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Sasken Technologies Account Relationship Matchups

Sasken Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.7B7.7B8.2B9.3B10.6B6.9B
Short Long Term Debt Total27.5M2.6M33.3M80.0M72.0M68.4M
Other Current Liab839.2M667.0M580.2M548.8M631.1M661.1M
Total Current Liabilities977.8M1.1B945.5M1.2B1.4B1.1B
Total Stockholder Equity5.6B6.5B7.2B7.7B8.8B5.6B
Property Plant And Equipment Net337.5M344.2M390.7M404.7M364.3M501.8M
Net Debt(193.6M)(170.9M)(227.8M)(434.8M)(391.4M)(371.8M)
Accounts Payable138.6M156.7M112.9M162.8M146.5M214.0M
Cash193.6M173.5M261.1M514.8M463.3M315.0M
Non Current Assets Total4.2B5.9B6.1B7.3B8.4B8.9B
Non Currrent Assets Other428.7M466.0M492.5M643.2M739.7M1.1B
Cash And Short Term Investments1.2B545.9M1.0B745.3M670.8M959.2M
Net Receivables1.1B1.1B1.0B967.8M871.0M1.0B
Common Stock Shares Outstanding15.0M15.0M15.2M15.3M13.7M17.0M
Short Term Investments1.0B372.4M752.8M230.5M265.0M251.8M
Liabilities And Stockholders Equity6.7B7.7B8.2B9.3B10.6B6.9B
Non Current Liabilities Total62.7M76.9M92.6M182.4M164.1M162.0M
Inventory(706.9M)(367.2M)(435.8M)9.8M8.8M9.2M
Other Current Assets65.1M169.6M177.8M204.2M234.9M232.7M
Other Stockholder Equity(22.5M)(9.6M)(7.2B)32.7M29.4M27.9M
Total Liab1.0B1.2B1.0B1.4B1.6B1.3B
Total Current Assets2.4B1.8B2.1B1.9B2.2B2.7B
Accumulated Other Comprehensive Income20.6M8.0M36.6M87.7M100.8M105.9M
Intangible Assets1.8M80K105K78.7M70.8M74.4M
Short Term Debt27.5M(270.8M)(230.3M)20.2M18.2M19.1M
Current Deferred Revenue27.5M765.3M583.0M295.1M339.4M186.2M
Retained Earnings5.5B6.4B7.0B7.4B8.5B5.6B
Other Liab130.0M62.7M76.9M70.4M80.9M84.3M
Net Tangible Assets4.8B5.6B6.5B7.2B8.3B6.1B
Other Assets738.0M487.6M550.5M83.7M75.4M71.6M
Property Plant Equipment444.7M337.5M344.2M390.7M351.6M319.2M
Net Invested Capital5.6B6.5B7.2B7.7B8.8B7.1B
Net Working Capital1.5B697.7M1.2B695.8M626.2M907.0M

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Other Information on Investing in Sasken Stock

Balance Sheet is a snapshot of the financial position of Sasken Technologies at a specified time, usually calculated after every quarter, six months, or one year. Sasken Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sasken Technologies 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 Sasken currently owns. An asset can also be divided into two categories, current and non-current.