Tech Total Stockholder Equity vs Net Receivables 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 Total Stockholder Equity and its Net Receivables 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.

Total Stockholder Equity vs Net Receivables

Total Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tech Mahindra Limited Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tech Mahindra's Total Stockholder Equity and Net Receivables is 0.9. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables 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 Total Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Tech Mahindra Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Tech Mahindra's Total Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Receivables

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 Profit205.4B256.0B131.3B110.6B
Total Revenue446.5B532.9B520.0B546.0B

Tech Mahindra fundamental ratios Correlations

0.880.990.910.93-0.180.890.730.860.810.90.70.740.770.061.00.980.830.780.840.970.860.550.790.80.77
0.880.880.970.77-0.250.950.810.940.730.810.610.680.64-0.020.880.870.70.890.760.870.770.540.890.760.61
0.990.880.890.95-0.220.860.740.810.820.910.770.740.740.110.990.990.870.720.820.970.780.60.730.790.8
0.910.970.890.85-0.260.970.840.970.750.830.650.690.680.060.910.890.760.920.790.90.820.510.890.760.62
0.930.770.950.85-0.290.790.750.750.750.850.860.660.750.320.930.950.930.650.730.940.710.620.620.670.8
-0.18-0.25-0.22-0.26-0.29-0.29-0.69-0.260.2-0.03-0.510.260.18-0.48-0.18-0.18-0.33-0.330.25-0.32-0.08-0.03-0.190.26-0.17
0.890.950.860.970.79-0.290.850.980.670.740.570.580.62-0.020.890.840.680.960.780.890.870.40.940.760.57
0.730.810.740.840.75-0.690.850.830.40.590.690.320.370.260.740.710.680.820.50.790.640.310.720.460.48
0.860.940.810.970.75-0.260.980.830.620.690.510.540.650.010.860.790.640.970.770.840.870.370.950.720.5
0.810.730.820.750.750.20.670.40.620.950.520.970.68-0.180.80.870.640.50.830.740.640.560.570.830.78
0.90.810.910.830.85-0.030.740.590.690.950.650.930.69-0.070.890.950.760.590.820.840.680.570.620.820.77
0.70.610.770.650.86-0.510.570.690.510.520.650.460.450.630.690.770.880.420.380.760.370.590.370.330.73
0.740.680.740.690.660.260.580.320.540.970.930.460.64-0.220.720.80.580.430.780.640.530.540.490.80.66
0.770.640.740.680.750.180.620.370.650.680.690.450.640.060.750.740.70.530.770.660.650.610.530.670.53
0.06-0.020.110.060.32-0.48-0.020.260.01-0.18-0.070.63-0.220.060.050.090.42-0.04-0.20.12-0.120.2-0.13-0.330.19
1.00.880.990.910.93-0.180.890.740.860.80.890.690.720.750.050.980.810.780.850.970.870.520.80.810.77
0.980.870.990.890.95-0.180.840.710.790.870.950.770.80.740.090.980.870.70.820.960.780.610.720.790.81
0.830.70.870.760.93-0.330.680.680.640.640.760.880.580.70.420.810.870.540.590.850.50.720.480.540.74
0.780.890.720.920.65-0.330.960.820.970.50.590.420.430.53-0.040.780.70.540.650.780.850.280.960.620.39
0.840.760.820.790.730.250.780.50.770.830.820.380.780.77-0.20.850.820.590.650.760.810.420.710.950.55
0.970.870.970.90.94-0.320.890.790.840.740.840.760.640.660.120.970.960.850.780.760.810.550.790.730.77
0.860.770.780.820.71-0.080.870.640.870.640.680.370.530.65-0.120.870.780.50.850.810.810.20.890.710.54
0.550.540.60.510.62-0.030.40.310.370.560.570.590.540.610.20.520.610.720.280.420.550.20.330.460.59
0.790.890.730.890.62-0.190.940.720.950.570.620.370.490.53-0.130.80.720.480.960.710.790.890.330.690.46
0.80.760.790.760.670.260.760.460.720.830.820.330.80.67-0.330.810.790.540.620.950.730.710.460.690.53
0.770.610.80.620.8-0.170.570.480.50.780.770.730.660.530.190.770.810.740.390.550.770.540.590.460.53
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Tech Mahindra Account Relationship Matchups

Tech Mahindra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets373.5B396.8B448.7B461.5B434.2B218.3B
Other Current Liab33.8B37.8B45.4B44.5B44.7B47.0B
Total Current Liabilities121.6B115.1B125.0B133.2B126.2B66.3B
Total Stockholder Equity218.1B248.7B268.9B279.2B266.7B280.0B
Property Plant And Equipment Net38.8B35.9B37.8B40.4B36.2B23.0B
Net Debt6.5B2.1B(11.7B)(13.2B)(18.1B)(17.2B)
Accounts Payable32.6B27.9B40.9B43.8B37.9B39.7B
Cash30.2B26.9B37.9B40.6B43.5B45.6B
Non Current Assets Total141.8B144.2B204.2B217.2B200.0B210.0B
Non Currrent Assets Other99.4B135.8B91.0B79.9B40.0B42.6B
Cash And Short Term Investments86.9B124.2B82.9B75.4B73.6B44.3B
Common Stock Shares Outstanding879.6M882.2M886.2M885.8M887.2M800.3M
Short Term Investments56.7B97.3B45.0B34.8B30.1B25.1B
Liabilities And Stockholders Equity373.5B396.8B448.7B461.5B434.2B218.3B
Other Current Assets28.5B29.5B29.7B29.3B30.9B18.3B
Other Stockholder Equity9.2B10.6B12.8B14.3B15.6B14.8B
Total Liab151.5B144.3B174.9B177.6B162.8B83.7B
Total Current Assets231.7B252.6B244.6B244.3B234.3B126.1B
Accumulated Other Comprehensive Income(70.9B)30.8B26.4B22.0B18.6B19.5B
Common Stock4.4B4.4B4.4B4.4B4.9B3.1B
Good Will33.9B40.1B74.3B76.7B75.1B78.9B
Short Long Term Debt Total36.7B29.0B26.2B27.4B25.4B17.8B
Net Receivables116.0B98.7B131.5B145.7B129.7B71.6B
Non Current Liabilities Total29.9B29.3B49.8B44.4B36.6B20.4B
Inventory358M242M405M236M375M279.1M
Intangible Assets15.1B14.5B36.6B32.7B28.4B29.8B
Short Term Debt26.4B19.3B17.6B18.2B17.6B14.0B
Current Deferred Revenue38.3B43.8B58.1B51.3B13.1B12.4B
Retained Earnings184.6B202.9B225.2B238.6B227.7B154.8B
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 Debt1.8B1.7B1.4B1.3B1.0B1.8B
Short Long Term Debt22.9B15.0B14.4B14.5B14.3B12.6B
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 Obligations12.0B12.1B10.4B11.6B10.1B8.6B
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.