Tech Short Term Debt vs Total Current Assets 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 Short Term Debt and its Total Current Assets 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.

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tech Mahindra Limited Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tech Mahindra's Short Term Debt and Total Current Assets is 0.78. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets 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 Short Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Tech Mahindra Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Debt i.e., Tech Mahindra's Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Short Term Debt

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 Profit	256.0B	131.3B	151.0B	110.6B
Total Revenue	532.9B	520.0B	597.9B	627.8B

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		0.98	0.99	1.0	0.82	-0.31	0.98	0.88	0.97	0.66	0.79	0.66	0.62	0.68	0.07	1.0	0.98	0.74	0.93	0.79	0.98	0.9	0.49	0.92	0.77	0.47
Other Current Liab	0.98		0.98	0.98	0.76	-0.3	0.96	0.84	0.95	0.64	0.78	0.63	0.62	0.65	0.01	0.98	0.96	0.7	0.91	0.75	0.95	0.86	0.52	0.91	0.75	0.46
Total Current Liabilities	0.99	0.98		0.99	0.84	-0.34	0.96	0.88	0.94	0.67	0.81	0.73	0.64	0.65	0.11	0.99	0.99	0.79	0.88	0.78	0.98	0.84	0.54	0.86	0.77	0.52
Total Stockholder Equity	1.0	0.98	0.99		0.82	-0.31	0.98	0.87	0.97	0.65	0.79	0.66	0.63	0.68	0.08	0.99	0.98	0.75	0.93	0.78	0.98	0.89	0.49	0.91	0.76	0.46
Property Plant And Equipment Net	0.82	0.76	0.84	0.82		-0.34	0.77	0.73	0.73	0.71	0.86	0.87	0.64	0.77	0.33	0.82	0.86	0.94	0.65	0.76	0.83	0.65	0.63	0.63	0.7	0.69
Net Debt	-0.31	-0.3	-0.34	-0.31	-0.34		-0.33	-0.69	-0.31	0.21	-0.08	-0.54	0.25	0.09	-0.49	-0.32	-0.31	-0.38	-0.37	0.18	-0.42	-0.2	-0.06	-0.24	0.19	-0.14
Accounts Payable	0.98	0.96	0.96	0.98	0.77	-0.33		0.88	0.98	0.58	0.72	0.59	0.53	0.63	0.01	0.99	0.94	0.68	0.96	0.77	0.97	0.93	0.4	0.95	0.76	0.43
Cash	0.88	0.84	0.88	0.87	0.73	-0.69	0.88		0.87	0.33	0.58	0.69	0.29	0.42	0.26	0.88	0.85	0.68	0.86	0.53	0.91	0.77	0.32	0.78	0.5	0.33
Non Current Assets Total	0.97	0.95	0.94	0.97	0.73	-0.31	0.98	0.87		0.52	0.67	0.54	0.48	0.65	0.04	0.97	0.91	0.64	0.98	0.76	0.94	0.95	0.37	0.96	0.71	0.34
Non Currrent Assets Other	0.66	0.64	0.67	0.65	0.71	0.21	0.58	0.33	0.52		0.92	0.49	0.97	0.63	-0.18	0.65	0.74	0.59	0.41	0.78	0.6	0.52	0.55	0.5	0.79	0.77
Cash And Short Term Investments	0.79	0.78	0.81	0.79	0.86	-0.08	0.72	0.58	0.67	0.92		0.67	0.92	0.71	-0.05	0.79	0.86	0.77	0.58	0.83	0.75	0.63	0.58	0.62	0.82	0.69
Common Stock Shares Outstanding	0.66	0.63	0.73	0.66	0.87	-0.54	0.59	0.69	0.54	0.49	0.67		0.45	0.51	0.63	0.66	0.73	0.89	0.47	0.43	0.72	0.4	0.6	0.42	0.39	0.63
Short Term Investments	0.62	0.62	0.64	0.63	0.64	0.25	0.53	0.29	0.48	0.97	0.92	0.45		0.61	-0.22	0.61	0.71	0.56	0.38	0.76	0.55	0.46	0.54	0.45	0.77	0.64
Other Current Assets	0.68	0.65	0.65	0.68	0.77	0.09	0.63	0.42	0.65	0.63	0.71	0.51	0.61		0.09	0.66	0.67	0.73	0.56	0.79	0.59	0.6	0.61	0.56	0.7	0.42
Other Stockholder Equity	0.07	0.01	0.11	0.08	0.33	-0.49	0.01	0.26	0.04	-0.18	-0.05	0.63	-0.22	0.09		0.06	0.1	0.42	0.0	-0.17	0.13	-0.08	0.21	-0.09	-0.3	0.17
Total Liab	1.0	0.98	0.99	0.99	0.82	-0.32	0.99	0.88	0.97	0.65	0.79	0.66	0.61	0.66	0.06		0.98	0.73	0.93	0.8	0.98	0.91	0.47	0.92	0.78	0.49
Total Current Assets	0.98	0.96	0.99	0.98	0.86	-0.31	0.94	0.85	0.91	0.74	0.86	0.73	0.71	0.67	0.1	0.98		0.8	0.86	0.79	0.97	0.83	0.56	0.84	0.78	0.56
Common Stock	0.74	0.7	0.79	0.75	0.94	-0.38	0.68	0.68	0.64	0.59	0.77	0.89	0.56	0.73	0.42	0.73	0.8		0.57	0.62	0.77	0.49	0.72	0.52	0.58	0.62
Good Will	0.93	0.91	0.88	0.93	0.65	-0.37	0.96	0.86	0.98	0.41	0.58	0.47	0.38	0.56	0.0	0.93	0.86	0.57		0.65	0.92	0.94	0.29	0.97	0.63	0.24
Short Long Term Debt Total	0.79	0.75	0.78	0.78	0.76	0.18	0.77	0.53	0.76	0.78	0.83	0.43	0.76	0.79	-0.17	0.8	0.79	0.62	0.65		0.72	0.77	0.43	0.71	0.96	0.46
Net Receivables	0.98	0.95	0.98	0.98	0.83	-0.42	0.97	0.91	0.94	0.6	0.75	0.72	0.55	0.59	0.13	0.98	0.97	0.77	0.92	0.72		0.86	0.5	0.89	0.71	0.49
Non Current Liabilities Total	0.9	0.86	0.84	0.89	0.65	-0.2	0.93	0.77	0.95	0.52	0.63	0.4	0.46	0.6	-0.08	0.91	0.83	0.49	0.94	0.77	0.86		0.2	0.96	0.7	0.32
Inventory	0.49	0.52	0.54	0.49	0.63	-0.06	0.4	0.32	0.37	0.55	0.58	0.6	0.54	0.61	0.21	0.47	0.56	0.72	0.29	0.43	0.5	0.2		0.34	0.48	0.55
Intangible Assets	0.92	0.91	0.86	0.91	0.63	-0.24	0.95	0.78	0.96	0.5	0.62	0.42	0.45	0.56	-0.09	0.92	0.84	0.52	0.97	0.71	0.89	0.96	0.34		0.7	0.33
Short Term Debt	0.77	0.75	0.77	0.76	0.7	0.19	0.76	0.5	0.71	0.79	0.82	0.39	0.77	0.7	-0.3	0.78	0.78	0.58	0.63	0.96	0.71	0.7	0.48	0.7		0.45
Current Deferred Revenue	0.47	0.46	0.52	0.46	0.69	-0.14	0.43	0.33	0.34	0.77	0.69	0.63	0.64	0.42	0.17	0.49	0.56	0.62	0.24	0.46	0.49	0.32	0.55	0.33	0.45

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Tech Mahindra Account Relationship Matchups

Tech Mahindra fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	396.8B	448.7B	461.5B	434.2B	499.4B	524.3B
Other Current Liab	37.8B	45.4B	44.5B	44.7B	51.4B	54.0B
Total Current Liabilities	115.1B	125.0B	133.2B	126.2B	145.1B	152.3B
Total Stockholder Equity	248.7B	268.9B	279.2B	266.7B	306.7B	322.0B
Property Plant And Equipment Net	35.9B	37.8B	40.4B	36.2B	41.6B	23.0B
Net Debt	2.1B	(11.7B)	(13.2B)	(18.1B)	(16.3B)	(15.5B)
Accounts Payable	27.9B	40.9B	43.8B	37.9B	43.5B	45.7B
Cash	26.9B	37.9B	40.6B	43.5B	50.0B	52.5B
Non Current Assets Total	144.2B	204.2B	217.2B	200.0B	230.0B	241.5B
Non Currrent Assets Other	135.8B	91.0B	79.9B	40.0B	46.0B	42.6B
Cash And Short Term Investments	124.2B	82.9B	75.4B	73.6B	84.6B	44.3B
Common Stock Shares Outstanding	882.2M	886.2M	885.8M	887.2M	1.0B	800.3M
Short Term Investments	97.3B	45.0B	34.8B	30.1B	34.6B	25.1B
Liabilities And Stockholders Equity	396.8B	448.7B	461.5B	434.2B	499.4B	524.3B
Other Current Assets	29.5B	29.7B	29.3B	30.9B	35.6B	18.3B
Other Stockholder Equity	10.6B	12.8B	14.3B	15.6B	17.9B	14.8B
Total Liab	144.3B	174.9B	177.6B	162.8B	187.2B	196.5B
Total Current Assets	252.6B	244.6B	244.3B	234.3B	269.4B	282.9B
Accumulated Other Comprehensive Income	30.8B	26.4B	22.0B	18.6B	16.7B	17.6B
Good Will	40.1B	74.3B	76.7B	75.1B	86.4B	90.7B
Short Long Term Debt Total	29.0B	26.2B	27.4B	25.4B	29.2B	17.8B
Net Receivables	98.7B	131.5B	145.7B	129.7B	149.2B	156.7B
Non Current Liabilities Total	29.3B	49.8B	44.4B	36.6B	42.1B	44.2B
Inventory	242M	405M	236M	375M	431.3M	279.1M
Intangible Assets	14.5B	36.6B	32.7B	28.4B	32.6B	34.2B
Short Term Debt	19.3B	17.6B	18.2B	17.6B	20.3B	14.0B
Current Deferred Revenue	43.8B	58.1B	51.3B	13.1B	15.0B	14.3B
Retained Earnings	202.9B	225.2B	238.6B	227.7B	261.8B	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	1.7B	1.4B	1.3B	1.0B	1.2B	1.8B
Short Long Term Debt	15.0B	14.4B	14.5B	14.3B	16.4B	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	12.1B	10.4B	11.6B	10.1B	11.6B	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 Short Term Debt vs Total Current Assets Analysis

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Current Assets

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 Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities

Cash	- 0.69	Net Debt
Common Stock Shares Outstanding	- 0.54	Net Debt
Other Stockholder Equity	- 0.49	Net Debt
Net Receivables	- 0.42	Net Debt
Common Stock	- 0.38	Net Debt
Good Will	- 0.37	Net Debt