Teamlease Cost Of Revenue vs Depreciation And Amortization 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 Cost Of Revenue and its Depreciation And Amortization 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.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teamlease Services Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Teamlease Services' Cost Of Revenue and Depreciation And Amortization is 0.97. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization 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' Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Teamlease Services Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Teamlease Services' Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Teamlease Services income statement and represents the costs associated with goods and services Teamlease Services provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.