Tech Common Stock vs Net Debt Analysis

TECHM Stock

1,790 26.80 1.52%

Tech Mahindra financial indicator trend analysis is much more than just breaking down Tech Mahindra Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tech Mahindra Limited is a good investment. Please check the relationship between Tech Mahindra Common Stock and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tech Mahindra 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 population.

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tech Mahindra Limited Common Stock account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tech Mahindra's Common Stock and Net Debt is -0.33. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Tech Mahindra Limited, assuming nothing else is changed. The correlation between historical values of Tech Mahindra's Common Stock 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 Common Stock of Tech Mahindra 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 Common Stock i.e., Tech Mahindra's Common Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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Common Stock

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 Tech Mahindra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tech Mahindra Limited 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 Tech Mahindra 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 population.

At this time, Tech Mahindra's Tax Provision is very stable compared to the past year. As of the 12th of December 2024, Issuance Of Capital Stock is likely to grow to about 392.5 M, while Selling General Administrative is likely to drop about 10.8 B.

	2021	2022	2023	2024 (projected)
Gross Profit	205.4B	256.0B	131.3B	110.6B
Total Revenue	446.5B	532.9B	520.0B	546.0B

Gross Profit Total Revenue

Tech Mahindra fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Good Will	Short Long Term Debt Total	Net Receivables	Non Current Liabilities Total	Inventory	Intangible Assets	Short Term Debt	Current Deferred Revenue
Total Assets		0.88	0.99	0.91	0.93	-0.18	0.89	0.73	0.86	0.81	0.9	0.7	0.74	0.77	0.06	1.0	0.98	0.83	0.78	0.84	0.97	0.86	0.55	0.79	0.8	0.77
Other Current Liab	0.88		0.88	0.97	0.77	-0.25	0.95	0.81	0.94	0.73	0.81	0.61	0.68	0.64	-0.02	0.88	0.87	0.7	0.89	0.76	0.87	0.77	0.54	0.89	0.76	0.61
Total Current Liabilities	0.99	0.88		0.89	0.95	-0.22	0.86	0.74	0.81	0.82	0.91	0.77	0.74	0.74	0.11	0.99	0.99	0.87	0.72	0.82	0.97	0.78	0.6	0.73	0.79	0.8
Total Stockholder Equity	0.91	0.97	0.89		0.85	-0.26	0.97	0.84	0.97	0.75	0.83	0.65	0.69	0.68	0.06	0.91	0.89	0.76	0.92	0.79	0.9	0.82	0.51	0.89	0.76	0.62
Property Plant And Equipment Net	0.93	0.77	0.95	0.85		-0.29	0.79	0.75	0.75	0.75	0.85	0.86	0.66	0.75	0.32	0.93	0.95	0.93	0.65	0.73	0.94	0.71	0.62	0.62	0.67	0.8
Net Debt	-0.18	-0.25	-0.22	-0.26	-0.29		-0.29	-0.69	-0.26	0.2	-0.03	-0.51	0.26	0.18	-0.48	-0.18	-0.18	-0.33	-0.33	0.25	-0.32	-0.08	-0.03	-0.19	0.26	-0.17
Accounts Payable	0.89	0.95	0.86	0.97	0.79	-0.29		0.85	0.98	0.67	0.74	0.57	0.58	0.62	-0.02	0.89	0.84	0.68	0.96	0.78	0.89	0.87	0.4	0.94	0.76	0.57
Cash	0.73	0.81	0.74	0.84	0.75	-0.69	0.85		0.83	0.4	0.59	0.69	0.32	0.37	0.26	0.74	0.71	0.68	0.82	0.5	0.79	0.64	0.31	0.72	0.46	0.48
Non Current Assets Total	0.86	0.94	0.81	0.97	0.75	-0.26	0.98	0.83		0.62	0.69	0.51	0.54	0.65	0.01	0.86	0.79	0.64	0.97	0.77	0.84	0.87	0.37	0.95	0.72	0.5
Non Currrent Assets Other	0.81	0.73	0.82	0.75	0.75	0.2	0.67	0.4	0.62		0.95	0.52	0.97	0.68	-0.18	0.8	0.87	0.64	0.5	0.83	0.74	0.64	0.56	0.57	0.83	0.78
Cash And Short Term Investments	0.9	0.81	0.91	0.83	0.85	-0.03	0.74	0.59	0.69	0.95		0.65	0.93	0.69	-0.07	0.89	0.95	0.76	0.59	0.82	0.84	0.68	0.57	0.62	0.82	0.77
Common Stock Shares Outstanding	0.7	0.61	0.77	0.65	0.86	-0.51	0.57	0.69	0.51	0.52	0.65		0.46	0.45	0.63	0.69	0.77	0.88	0.42	0.38	0.76	0.37	0.59	0.37	0.33	0.73
Short Term Investments	0.74	0.68	0.74	0.69	0.66	0.26	0.58	0.32	0.54	0.97	0.93	0.46		0.64	-0.22	0.72	0.8	0.58	0.43	0.78	0.64	0.53	0.54	0.49	0.8	0.66
Other Current Assets	0.77	0.64	0.74	0.68	0.75	0.18	0.62	0.37	0.65	0.68	0.69	0.45	0.64		0.06	0.75	0.74	0.7	0.53	0.77	0.66	0.65	0.61	0.53	0.67	0.53
Other Stockholder Equity	0.06	-0.02	0.11	0.06	0.32	-0.48	-0.02	0.26	0.01	-0.18	-0.07	0.63	-0.22	0.06		0.05	0.09	0.42	-0.04	-0.2	0.12	-0.12	0.2	-0.13	-0.33	0.19
Total Liab	1.0	0.88	0.99	0.91	0.93	-0.18	0.89	0.74	0.86	0.8	0.89	0.69	0.72	0.75	0.05		0.98	0.81	0.78	0.85	0.97	0.87	0.52	0.8	0.81	0.77
Total Current Assets	0.98	0.87	0.99	0.89	0.95	-0.18	0.84	0.71	0.79	0.87	0.95	0.77	0.8	0.74	0.09	0.98		0.87	0.7	0.82	0.96	0.78	0.61	0.72	0.79	0.81
Common Stock	0.83	0.7	0.87	0.76	0.93	-0.33	0.68	0.68	0.64	0.64	0.76	0.88	0.58	0.7	0.42	0.81	0.87		0.54	0.59	0.85	0.5	0.72	0.48	0.54	0.74
Good Will	0.78	0.89	0.72	0.92	0.65	-0.33	0.96	0.82	0.97	0.5	0.59	0.42	0.43	0.53	-0.04	0.78	0.7	0.54		0.65	0.78	0.85	0.28	0.96	0.62	0.39
Short Long Term Debt Total	0.84	0.76	0.82	0.79	0.73	0.25	0.78	0.5	0.77	0.83	0.82	0.38	0.78	0.77	-0.2	0.85	0.82	0.59	0.65		0.76	0.81	0.42	0.71	0.95	0.55
Net Receivables	0.97	0.87	0.97	0.9	0.94	-0.32	0.89	0.79	0.84	0.74	0.84	0.76	0.64	0.66	0.12	0.97	0.96	0.85	0.78	0.76		0.81	0.55	0.79	0.73	0.77
Non Current Liabilities Total	0.86	0.77	0.78	0.82	0.71	-0.08	0.87	0.64	0.87	0.64	0.68	0.37	0.53	0.65	-0.12	0.87	0.78	0.5	0.85	0.81	0.81		0.2	0.89	0.71	0.54
Inventory	0.55	0.54	0.6	0.51	0.62	-0.03	0.4	0.31	0.37	0.56	0.57	0.59	0.54	0.61	0.2	0.52	0.61	0.72	0.28	0.42	0.55	0.2		0.33	0.46	0.59
Intangible Assets	0.79	0.89	0.73	0.89	0.62	-0.19	0.94	0.72	0.95	0.57	0.62	0.37	0.49	0.53	-0.13	0.8	0.72	0.48	0.96	0.71	0.79	0.89	0.33		0.69	0.46
Short Term Debt	0.8	0.76	0.79	0.76	0.67	0.26	0.76	0.46	0.72	0.83	0.82	0.33	0.8	0.67	-0.33	0.81	0.79	0.54	0.62	0.95	0.73	0.71	0.46	0.69		0.53
Current Deferred Revenue	0.77	0.61	0.8	0.62	0.8	-0.17	0.57	0.48	0.5	0.78	0.77	0.73	0.66	0.53	0.19	0.77	0.81	0.74	0.39	0.55	0.77	0.54	0.59	0.46	0.53

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Tech Mahindra Account Relationship Matchups

Tech Mahindra fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	373.5B	396.8B	448.7B	461.5B	434.2B	218.3B
Other Current Liab	33.8B	37.8B	45.4B	44.5B	44.7B	47.0B
Total Current Liabilities	121.6B	115.1B	125.0B	133.2B	126.2B	66.3B
Total Stockholder Equity	218.1B	248.7B	268.9B	279.2B	266.7B	280.0B
Property Plant And Equipment Net	38.8B	35.9B	37.8B	40.4B	36.2B	23.0B
Net Debt	6.5B	2.1B	(11.7B)	(13.2B)	(18.1B)	(17.2B)
Accounts Payable	32.6B	27.9B	40.9B	43.8B	37.9B	39.7B
Cash	30.2B	26.9B	37.9B	40.6B	43.5B	45.6B
Non Current Assets Total	141.8B	144.2B	204.2B	217.2B	200.0B	210.0B
Non Currrent Assets Other	99.4B	135.8B	91.0B	79.9B	40.0B	42.6B
Cash And Short Term Investments	86.9B	124.2B	82.9B	75.4B	73.6B	44.3B
Common Stock Shares Outstanding	879.6M	882.2M	886.2M	885.8M	887.2M	800.3M
Short Term Investments	56.7B	97.3B	45.0B	34.8B	30.1B	25.1B
Liabilities And Stockholders Equity	373.5B	396.8B	448.7B	461.5B	434.2B	218.3B
Other Current Assets	28.5B	29.5B	29.7B	29.3B	30.9B	18.3B
Other Stockholder Equity	9.2B	10.6B	12.8B	14.3B	15.6B	14.8B
Total Liab	151.5B	144.3B	174.9B	177.6B	162.8B	83.7B
Total Current Assets	231.7B	252.6B	244.6B	244.3B	234.3B	126.1B
Accumulated Other Comprehensive Income	(70.9B)	30.8B	26.4B	22.0B	18.6B	19.5B
Common Stock	4.4B	4.4B	4.4B	4.4B	4.9B	3.1B
Good Will	33.9B	40.1B	74.3B	76.7B	75.1B	78.9B
Short Long Term Debt Total	36.7B	29.0B	26.2B	27.4B	25.4B	17.8B
Net Receivables	116.0B	98.7B	131.5B	145.7B	129.7B	71.6B
Non Current Liabilities Total	29.9B	29.3B	49.8B	44.4B	36.6B	20.4B
Inventory	358M	242M	405M	236M	375M	279.1M
Intangible Assets	15.1B	14.5B	36.6B	32.7B	28.4B	29.8B
Short Term Debt	26.4B	19.3B	17.6B	18.2B	17.6B	14.0B
Current Deferred Revenue	38.3B	43.8B	58.1B	51.3B	13.1B	12.4B
Retained Earnings	184.6B	202.9B	225.2B	238.6B	227.7B	154.8B
Other Liab	31.9B	31.8B	41.2B	35.2B	40.5B	29.2B
Net Tangible Assets	169.2B	194.1B	158.0B	169.9B	195.4B	158.7B
Other Assets	51.2B	47.8B	50.6B	26.7B	30.7B	37.6B
Long Term Debt	1.8B	1.7B	1.4B	1.3B	1.0B	1.8B
Short Long Term Debt	22.9B	15.0B	14.4B	14.5B	14.3B	12.6B
Property Plant Equipment	38.8B	35.9B	37.8B	40.4B	46.5B	36.1B
Long Term Debt Total	10.3B	9.7B	8.6B	9.2B	10.6B	7.4B
Capital Surpluse	9.2B	10.6B	12.9B	14.3B	12.9B	11.9B
Capital Lease Obligations	12.0B	12.1B	10.4B	11.6B	10.1B	8.6B
Deferred Long Term Liab	666M	9.7B	8.5B	6.0B	6.9B	5.1B

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C	Citigroup
GM	General Motors
F	Ford Motor

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

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Tech Common Stock vs Net Debt Analysis

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Common Stock

Net Debt

Tech Mahindra fundamental ratios Correlations

Tech Mahindra Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tech Mahindra fundamental ratios Accounts

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Other Information on Investing in Tech Stock

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Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Accounts Payable

Cash	- 0.69	Net Debt
Common Stock Shares Outstanding	- 0.51	Net Debt
Other Stockholder Equity	- 0.48	Net Debt
Short Term Debt	- 0.33	Other Stockholder Equity
Good Will	- 0.33	Net Debt
Common Stock	- 0.33	Net Debt