Teamlease Accounts Payable vs Property Plant And Equipment Net Analysis

TEAMLEASE   2,050  0.35  0.02%   
Teamlease Services financial indicator trend analysis is much more than just breaking down Teamlease Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teamlease Services is a good investment. Please check the relationship between Teamlease Services Accounts Payable and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teamlease Services 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 bureau of economic analysis.

Accounts Payable vs Property Plant And Equipment Net

Accounts Payable vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teamlease Services Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Teamlease Services' Accounts Payable and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Teamlease Services Limited, assuming nothing else is changed. The correlation between historical values of Teamlease Services' Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Teamlease Services Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., Teamlease Services' Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Teamlease Services obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Teamlease Services are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Teamlease Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teamlease Services 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 Teamlease Services 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 bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 1 B, whereas Tax Provision is forecasted to decline to about 33.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit3.0B3.2B3.7B3.5B
Total Revenue78.7B93.2B107.2B112.6B

Teamlease Services fundamental ratios Correlations

0.851.01.00.90.93-0.111.00.980.630.880.850.781.00.860.820.980.190.410.431.00.990.570.820.740.99
0.850.850.870.720.950.230.850.890.440.770.70.570.860.670.640.90.170.110.20.880.820.870.740.490.85
1.00.851.00.890.91-0.070.990.990.580.870.840.751.00.840.830.970.160.430.410.990.980.550.780.730.98
1.00.871.00.880.93-0.090.990.990.610.860.820.751.00.830.820.980.170.390.361.00.980.590.80.70.98
0.90.720.890.880.79-0.160.890.850.690.960.950.850.890.960.760.870.290.480.520.880.880.450.910.850.9
0.930.950.910.930.790.00.930.940.60.790.740.740.930.720.690.970.050.180.20.940.920.730.760.510.93
-0.110.23-0.07-0.09-0.160.0-0.14-0.04-0.73-0.010.05-0.33-0.11-0.190.02-0.1-0.160.03-0.11-0.09-0.180.33-0.25-0.05-0.17
1.00.850.990.990.890.93-0.140.990.650.860.830.790.990.840.830.990.160.390.370.990.990.560.810.70.99
0.980.890.990.990.850.94-0.040.990.590.850.790.710.990.80.810.980.180.340.290.990.970.630.780.650.97
0.630.440.580.610.690.6-0.730.650.590.590.470.740.630.680.390.650.30.050.190.620.660.280.780.40.68
0.880.770.870.860.960.79-0.010.860.850.590.930.710.860.960.760.840.340.480.470.860.810.50.90.80.86
0.850.70.840.820.950.740.050.830.790.470.930.80.830.890.740.810.220.50.610.820.810.420.830.890.83
0.780.570.750.750.850.74-0.330.790.710.740.710.80.760.720.580.8-0.020.30.320.760.830.320.730.650.81
1.00.861.01.00.890.93-0.110.990.990.630.860.830.760.840.820.980.20.40.391.00.990.590.810.710.99
0.860.670.840.830.960.72-0.190.840.80.680.960.890.720.840.750.80.410.540.570.830.80.410.930.830.85
0.820.640.830.820.760.690.020.830.810.390.760.740.580.820.750.770.120.560.350.810.790.380.640.660.79
0.980.90.970.980.870.97-0.10.990.980.650.840.810.80.980.80.770.140.30.320.990.980.650.810.630.99
0.190.170.160.170.290.05-0.160.160.180.30.340.22-0.020.20.410.120.14-0.140.390.160.130.320.530.290.23
0.410.110.430.390.480.180.030.390.340.050.480.50.30.40.540.560.3-0.140.50.380.37-0.220.240.660.34
0.430.20.410.360.520.2-0.110.370.290.190.470.610.320.390.570.350.320.390.50.360.370.040.480.80.4
1.00.880.991.00.880.94-0.090.990.990.620.860.820.761.00.830.810.990.160.380.360.990.60.80.690.99
0.990.820.980.980.880.92-0.180.990.970.660.810.810.830.990.80.790.980.130.370.370.990.550.780.70.99
0.570.870.550.590.450.730.330.560.630.280.50.420.320.590.410.380.650.32-0.220.040.60.550.560.250.59
0.820.740.780.80.910.76-0.250.810.780.780.90.830.730.810.930.640.810.530.240.480.80.780.560.70.85
0.740.490.730.70.850.51-0.050.70.650.40.80.890.650.710.830.660.630.290.660.80.690.70.250.70.69
0.990.850.980.980.90.93-0.170.990.970.680.860.830.810.990.850.790.990.230.340.40.990.990.590.850.69
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Teamlease Services Account Relationship Matchups

Teamlease Services fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.1B15.4B17.7B19.4B22.3B23.4B
Short Long Term Debt Total228.5M598.3M1.0B1.0B1.2B1.3B
Other Current Liab3.9B4.9B5.5B6.5B7.5B7.9B
Total Current Liabilities5.5B6.9B7.6B9.3B10.7B11.3B
Total Stockholder Equity6.5B6.9B8.1B8.0B9.2B5.1B
Property Plant And Equipment Net317.8M401.4M878.0M801.9M922.2M968.3M
Net Debt(2.4B)(1.2B)(493.3M)(630.9M)(567.8M)(596.2M)
Retained Earnings3.9B4.2B5.4B6.3B7.2B7.6B
Accounts Payable287.8M419.2M447.9M616.6M709.1M744.5M
Cash2.6B1.8B1.5B1.7B1.9B1.1B
Non Current Assets Total4.8B5.5B6.7B7.1B8.2B4.2B
Non Currrent Assets Other3.3B3.9B6.0B4.6B5.3B3.4B
Cash And Short Term Investments3.6B3.1B5.3B4.2B4.8B2.5B
Net Receivables4.1B5.4B5.5B6.7B7.7B8.0B
Good Will1.6B1.8B1.7B1.7B2.0B1.1B
Common Stock Shares Outstanding17.1M17.1M17.1M16.8M19.4M18.3M
Liabilities And Stockholders Equity13.1B15.4B17.7B19.4B22.3B23.4B
Non Current Liabilities Total1.1B1.4B1.9B1.9B2.2B2.3B
Inventory601.5M1.3B(168.7M)1.01.151.09
Other Current Assets776.4M1.0B1.1B1.4B1.6B1.2B
Other Stockholder Equity2.5B2.5B2.5B1.5B1.7B2.3B
Total Liab6.5B8.3B9.5B11.3B12.9B13.6B
Total Current Assets8.3B9.9B11.0B12.2B14.1B14.8B
Accumulated Other Comprehensive Income18.8M35.8M40.9M26.3M30.2M31.8M
Short Term Debt83.7M380.5M395.8M525M603.8M633.9M
Intangible Assets608.1M665.9M591.7M506.1M582.0M329.9M
Other Liab769.6M924.7M1.2B1.3B1.5B1.6B
Net Tangible Assets3.9B3.5B4.1B4.5B5.2B3.3B
Other Assets3.9B1.9B2.7B1.2B1.4B2.0B
Short Long Term Debt138K276.7M193.4M305.2M351.0M218.7M
Property Plant Equipment535.3M317.8M401.4M878.0M1.0B1.1B
Current Deferred Revenue4.7B5.6B4.0B2.8B3.2B3.6B
Short Term Investments1.0B1.4B3.8B1.9B2.2B1.6B
Long Term Debt Total322.2M144.8M217.8M605.4M696.2M731.0M
Net Invested Capital6.5B7.2B8.3B8.3B9.5B7.3B

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Other Information on Investing in Teamlease Stock

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