Sasken Other Current Liab vs Net Debt Analysis

SASKEN Stock   2,207  5.65  0.26%   
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 Liab and its Net Debt 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 Liab vs Net Debt

Other Current Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sasken Technologies Other Current Liab account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sasken Technologies' Other Current Liab and Net Debt is -0.15. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Debt 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 Liab and Net Debt 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 Liab of Sasken Technologies Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Liab i.e., Sasken Technologies' Other Current Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.
At present, Sasken Technologies' Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 239.3 M, whereas Issuance Of Capital Stock is forecasted to decline to about 257.4 K.
 2021 2022 2023 2024 (projected)
Gross Profit1.7B1.6B899.3M1.7B
Total Revenue4.3B4.5B4.1B3.8B

Sasken Technologies fundamental ratios Correlations

0.380.390.70.99-0.81-0.01-0.160.020.92-0.13-0.130.41-0.44-0.190.57-0.18-0.03-0.310.710.080.17-0.42-0.84-0.350.58
0.380.390.330.35-0.20.1-0.31-0.150.38-0.2-0.30.22-0.38-0.410.72-0.190.41-0.210.45-0.040.52-0.38-0.360.23-0.01
0.390.390.550.35-0.49-0.15-0.290.150.26-0.20.160.47-0.180.090.5-0.710.61-0.360.570.3-0.16-0.16-0.590.090.08
0.70.330.550.6-0.72-0.160.320.170.50.160.280.47-0.20.210.61-0.330.41-0.230.990.440.1-0.24-0.82-0.060.26
0.990.350.350.6-0.80.02-0.22-0.010.94-0.16-0.180.39-0.45-0.220.5-0.15-0.12-0.310.620.020.14-0.42-0.81-0.390.61
-0.81-0.2-0.49-0.72-0.80.130.08-0.14-0.690.01-0.09-0.450.44-0.04-0.340.33-0.010.25-0.68-0.230.20.440.930.35-0.41
-0.010.1-0.15-0.160.020.13-0.08-0.990.18-0.39-0.610.27-0.34-0.14-0.05-0.340.15-0.24-0.15-0.48-0.13-0.40.21-0.070.19
-0.16-0.31-0.290.32-0.220.08-0.080.07-0.370.720.570.240.50.64-0.210.36-0.080.310.240.56-0.060.420.00.28-0.35
0.02-0.150.150.17-0.01-0.14-0.990.07-0.150.370.61-0.270.340.160.060.31-0.120.20.160.460.10.4-0.20.07-0.18
0.920.380.260.50.94-0.690.18-0.37-0.15-0.45-0.480.19-0.65-0.490.53-0.22-0.08-0.350.53-0.310.22-0.63-0.65-0.480.72
-0.13-0.2-0.20.16-0.160.01-0.390.720.37-0.450.80.390.760.74-0.260.55-0.170.430.090.83-0.130.72-0.110.33-0.51
-0.13-0.30.160.28-0.18-0.09-0.610.570.61-0.480.80.240.660.86-0.160.140.060.150.210.92-0.240.63-0.220.35-0.47
0.410.220.470.470.39-0.450.270.24-0.270.190.390.240.190.470.18-0.240.31-0.10.430.51-0.370.11-0.530.15-0.09
-0.44-0.38-0.18-0.2-0.450.44-0.340.50.34-0.650.760.660.190.61-0.340.48-0.110.43-0.240.62-0.110.960.320.32-0.55
-0.19-0.410.090.21-0.22-0.04-0.140.640.16-0.490.740.860.470.61-0.32-0.040.150.040.110.81-0.490.54-0.120.35-0.46
0.570.720.50.610.5-0.34-0.05-0.210.060.53-0.26-0.160.18-0.34-0.32-0.310.51-0.360.730.040.62-0.39-0.450.120.26
-0.18-0.19-0.71-0.33-0.150.33-0.340.360.31-0.220.550.14-0.240.48-0.04-0.31-0.690.66-0.340.110.340.520.320.1-0.25
-0.030.410.610.41-0.12-0.010.15-0.08-0.12-0.08-0.170.060.31-0.110.150.51-0.69-0.50.440.12-0.08-0.17-0.140.22-0.06
-0.31-0.21-0.36-0.23-0.310.25-0.240.310.2-0.350.430.15-0.10.430.04-0.360.66-0.5-0.260.140.190.470.290.36-0.46
0.710.450.570.990.62-0.68-0.150.240.160.530.090.210.43-0.240.110.73-0.340.44-0.260.390.23-0.28-0.8-0.030.27
0.08-0.040.30.440.02-0.23-0.480.560.46-0.310.830.920.510.620.810.040.110.120.140.39-0.140.58-0.410.38-0.41
0.170.52-0.160.10.140.2-0.13-0.060.10.22-0.13-0.24-0.37-0.11-0.490.620.34-0.080.190.23-0.14-0.110.090.270.04
-0.42-0.38-0.16-0.24-0.420.44-0.40.420.4-0.630.720.630.110.960.54-0.390.52-0.170.47-0.280.58-0.110.330.28-0.52
-0.84-0.36-0.59-0.82-0.810.930.210.0-0.2-0.65-0.11-0.22-0.530.32-0.12-0.450.32-0.140.29-0.8-0.410.090.330.25-0.36
-0.350.230.09-0.06-0.390.35-0.070.280.07-0.480.330.350.150.320.350.120.10.220.36-0.030.380.270.280.25-0.83
0.58-0.010.080.260.61-0.410.19-0.35-0.180.72-0.51-0.47-0.09-0.55-0.460.26-0.25-0.06-0.460.27-0.410.04-0.52-0.36-0.83
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Sasken Technologies Account Relationship Matchups

Sasken Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.7B7.7B8.2B9.3B6.9B
Short Long Term Debt Total111.1M27.5M2.6M33.3M80.0M147.6M
Other Current Liab1.1B839.2M667.0M580.2M548.8M661.1M
Total Current Liabilities1.3B977.8M1.1B945.5M1.2B1.1B
Total Stockholder Equity4.8B5.6B6.5B7.2B7.7B5.6B
Property Plant And Equipment Net444.7M337.5M344.2M390.7M404.7M501.8M
Net Debt(111.4M)(193.6M)(170.9M)(227.8M)(434.8M)(413.1M)
Accounts Payable172.8M138.6M156.7M112.9M162.8M214.0M
Cash149.3M193.6M173.5M261.1M514.8M315.0M
Non Current Assets Total3.5B4.2B5.9B6.1B7.3B4.1B
Non Currrent Assets Other617.9M428.7M466.0M492.5M643.2M1.1B
Cash And Short Term Investments1.2B1.2B545.9M1.0B745.3M959.2M
Net Receivables1.4B1.1B1.1B1.0B967.8M1.0B
Common Stock Shares Outstanding16.2M15.0M15.0M15.2M15.3M17.0M
Short Term Investments1.1B1.0B372.4M752.8M230.5M219.0M
Liabilities And Stockholders Equity6.2B6.7B7.7B8.2B9.3B6.9B
Non Current Liabilities Total167.9M62.7M76.9M92.6M182.4M162.0M
Inventory(1.1B)(706.9M)(367.2M)(435.8M)9.8M10.3M
Other Current Assets1.5B65.1M169.6M177.8M204.2M232.7M
Other Stockholder Equity(4.6B)(22.5M)(9.6M)(7.2B)32.7M31.0M
Total Liab1.5B1.0B1.2B1.0B1.4B1.3B
Total Current Assets2.7B2.4B1.8B2.1B1.9B2.7B
Accumulated Other Comprehensive Income(257.2M)20.6M8.0M36.6M87.7M92.1M
Intangible Assets970K1.8M80K105K78.7M82.7M
Short Term Debt73.2M27.5M(270.8M)(230.3M)20.2M21.2M
Current Deferred Revenue73.2M27.5M765.3M583.0M295.1M186.2M
Retained Earnings4.5B5.5B6.4B7.0B7.4B5.6B
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 Capital4.8B5.6B6.5B7.2B7.7B7.1B
Net Working Capital1.4B1.5B697.7M1.2B695.8M907.0M

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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.