Tech Inventory vs Other Stockholder Equity Analysis

TECHM Stock   1,660  27.35  1.62%   
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 Inventory and its Other Stockholder Equity 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.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tech Mahindra Limited Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tech Mahindra's Inventory and Other Stockholder Equity is 0.21. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity 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 Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Tech Mahindra Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Tech Mahindra's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Other Stockholder Equity

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.
As of the 19th of January 2025, Selling General Administrative is likely to grow to about 22.7 B. Also, Tax Provision is likely to grow to about 13.7 B
 2022 2023 2024 2025 (projected)
Gross Profit256.0B131.3B151.0B110.6B
Total Revenue532.9B520.0B597.9B627.8B

Tech Mahindra fundamental ratios Correlations

0.980.991.00.82-0.310.980.880.970.660.790.660.620.680.071.00.980.740.930.790.980.90.490.920.770.47
0.980.980.980.76-0.30.960.840.950.640.780.630.620.650.010.980.960.70.910.750.950.860.520.910.750.46
0.990.980.990.84-0.340.960.880.940.670.810.730.640.650.110.990.990.790.880.780.980.840.540.860.770.52
1.00.980.990.82-0.310.980.870.970.650.790.660.630.680.080.990.980.750.930.780.980.890.490.910.760.46
0.820.760.840.82-0.340.770.730.730.710.860.870.640.770.330.820.860.940.650.760.830.650.630.630.70.69
-0.31-0.3-0.34-0.31-0.34-0.33-0.69-0.310.21-0.08-0.540.250.09-0.49-0.32-0.31-0.38-0.370.18-0.42-0.2-0.06-0.240.19-0.14
0.980.960.960.980.77-0.330.880.980.580.720.590.530.630.010.990.940.680.960.770.970.930.40.950.760.43
0.880.840.880.870.73-0.690.880.870.330.580.690.290.420.260.880.850.680.860.530.910.770.320.780.50.33
0.970.950.940.970.73-0.310.980.870.520.670.540.480.650.040.970.910.640.980.760.940.950.370.960.710.34
0.660.640.670.650.710.210.580.330.520.920.490.970.63-0.180.650.740.590.410.780.60.520.550.50.790.77
0.790.780.810.790.86-0.080.720.580.670.920.670.920.71-0.050.790.860.770.580.830.750.630.580.620.820.69
0.660.630.730.660.87-0.540.590.690.540.490.670.450.510.630.660.730.890.470.430.720.40.60.420.390.63
0.620.620.640.630.640.250.530.290.480.970.920.450.61-0.220.610.710.560.380.760.550.460.540.450.770.64
0.680.650.650.680.770.090.630.420.650.630.710.510.610.090.660.670.730.560.790.590.60.610.560.70.42
0.070.010.110.080.33-0.490.010.260.04-0.18-0.050.63-0.220.090.060.10.420.0-0.170.13-0.080.21-0.09-0.30.17
1.00.980.990.990.82-0.320.990.880.970.650.790.660.610.660.060.980.730.930.80.980.910.470.920.780.49
0.980.960.990.980.86-0.310.940.850.910.740.860.730.710.670.10.980.80.860.790.970.830.560.840.780.56
0.740.70.790.750.94-0.380.680.680.640.590.770.890.560.730.420.730.80.570.620.770.490.720.520.580.62
0.930.910.880.930.65-0.370.960.860.980.410.580.470.380.560.00.930.860.570.650.920.940.290.970.630.24
0.790.750.780.780.760.180.770.530.760.780.830.430.760.79-0.170.80.790.620.650.720.770.430.710.960.46
0.980.950.980.980.83-0.420.970.910.940.60.750.720.550.590.130.980.970.770.920.720.860.50.890.710.49
0.90.860.840.890.65-0.20.930.770.950.520.630.40.460.6-0.080.910.830.490.940.770.860.20.960.70.32
0.490.520.540.490.63-0.060.40.320.370.550.580.60.540.610.210.470.560.720.290.430.50.20.340.480.55
0.920.910.860.910.63-0.240.950.780.960.50.620.420.450.56-0.090.920.840.520.970.710.890.960.340.70.33
0.770.750.770.760.70.190.760.50.710.790.820.390.770.7-0.30.780.780.580.630.960.710.70.480.70.45
0.470.460.520.460.69-0.140.430.330.340.770.690.630.640.420.170.490.560.620.240.460.490.320.550.330.45
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Tech Mahindra Account Relationship Matchups

Tech Mahindra fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets396.8B448.7B461.5B434.2B499.4B524.3B
Other Current Liab37.8B45.4B44.5B44.7B51.4B54.0B
Total Current Liabilities115.1B125.0B133.2B126.2B145.1B152.3B
Total Stockholder Equity248.7B268.9B279.2B266.7B306.7B322.0B
Property Plant And Equipment Net35.9B37.8B40.4B36.2B41.6B23.0B
Net Debt2.1B(11.7B)(13.2B)(18.1B)(16.3B)(15.5B)
Accounts Payable27.9B40.9B43.8B37.9B43.5B45.7B
Cash26.9B37.9B40.6B43.5B50.0B52.5B
Non Current Assets Total144.2B204.2B217.2B200.0B230.0B241.5B
Non Currrent Assets Other135.8B91.0B79.9B40.0B46.0B42.6B
Cash And Short Term Investments124.2B82.9B75.4B73.6B84.6B44.3B
Common Stock Shares Outstanding882.2M886.2M885.8M887.2M1.0B800.3M
Short Term Investments97.3B45.0B34.8B30.1B34.6B25.1B
Liabilities And Stockholders Equity396.8B448.7B461.5B434.2B499.4B524.3B
Other Current Assets29.5B29.7B29.3B30.9B35.6B18.3B
Other Stockholder Equity10.6B12.8B14.3B15.6B17.9B14.8B
Total Liab144.3B174.9B177.6B162.8B187.2B196.5B
Total Current Assets252.6B244.6B244.3B234.3B269.4B282.9B
Accumulated Other Comprehensive Income30.8B26.4B22.0B18.6B16.7B17.6B
Good Will40.1B74.3B76.7B75.1B86.4B90.7B
Short Long Term Debt Total29.0B26.2B27.4B25.4B29.2B17.8B
Net Receivables98.7B131.5B145.7B129.7B149.2B156.7B
Non Current Liabilities Total29.3B49.8B44.4B36.6B42.1B44.2B
Inventory242M405M236M375M431.3M279.1M
Intangible Assets14.5B36.6B32.7B28.4B32.6B34.2B
Short Term Debt19.3B17.6B18.2B17.6B20.3B14.0B
Current Deferred Revenue43.8B58.1B51.3B13.1B15.0B14.3B
Retained Earnings202.9B225.2B238.6B227.7B261.8B154.8B
Other Liab31.9B31.8B41.2B35.2B40.5B29.2B
Net Tangible Assets169.2B194.1B158.0B169.9B195.4B158.7B
Other Assets51.2B47.8B50.6B26.7B30.7B37.6B
Long Term Debt1.7B1.4B1.3B1.0B1.2B1.8B
Short Long Term Debt15.0B14.4B14.5B14.3B16.4B12.6B
Property Plant Equipment38.8B35.9B37.8B40.4B46.5B36.1B
Long Term Debt Total10.3B9.7B8.6B9.2B10.6B7.4B
Capital Surpluse9.2B10.6B12.9B14.3B12.9B11.9B
Capital Lease Obligations12.1B10.4B11.6B10.1B11.6B8.6B
Deferred Long Term Liab666M9.7B8.5B6.0B6.9B5.1B

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Other Information on Investing in Tech Stock

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.