Tech Non Current Liabilities Total vs Good Will Analysis

TECHM Stock

1,764 14.30 0.80%

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 Non Current Liabilities Total and its Good Will 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.

Non Current Liabilities Total vs Good Will

Non Current Liabilities Total vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tech Mahindra Limited Non Current Liabilities Total account and Good Will. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Tech Mahindra's Non Current Liabilities Total and Good Will is 0.85. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Good Will 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 Non Current Liabilities Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Tech Mahindra Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Liabilities Total i.e., Tech Mahindra's Non Current Liabilities Total and Good Will go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Non Current Liabilities Total

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 11th 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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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 Non Current Liabilities Total vs Good Will Analysis

Non Current Liabilities Total vs Good Will

Non Current Liabilities Total vs Good Will Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Good Will

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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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