ZENSARTECH | | | 739.30 6.40 0.87% |
Zensar Technologies financial indicator trend analysis is more than just analyzing Zensar Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zensar Technologies is a good investment. Please check the relationship between Zensar Technologies Total Stockholder Equity and its Net Receivables accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies 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 nation.
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
Zensar Technologies Total Stockholder Equity account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zensar Technologies' Total Stockholder Equity and Net Receivables is 0.78. 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 Zensar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Zensar Technologies' 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 Zensar Technologies 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., Zensar Technologies' Total Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 Zensar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zensar Technologies 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies 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 nation.
Selling General Administrative is likely to drop to about 167.2
M in 2024.
Tax Provision is likely to drop to about 1.4
B in 2024
Zensar Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Zensar Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zensar Technologies fundamental ratios Accounts
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Additional Tools for Zensar Stock Analysis
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measure Zensar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zensar Technologies is operating at the current time. Most of Zensar Technologies' value examination focuses on studying past and present price action to
predict the probability of Zensar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zensar Technologies' price. Additionally, you may evaluate how the addition of Zensar Technologies to your portfolios can decrease your overall portfolio volatility.