Cigniti Non Current Liabilities Total vs Common Stock Shares Outstanding Analysis

CIGNITITEC   1,739  63.10  3.76%   
Cigniti Technologies financial indicator trend analysis is way more than just evaluating Cigniti Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cigniti Technologies is a good investment. Please check the relationship between Cigniti Technologies Non Current Liabilities Total and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigniti 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 gross domestic product.

Non Current Liabilities Total vs Common Stock Shares Outstanding

Non Current Liabilities Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cigniti Technologies Non Current Liabilities Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cigniti Technologies' Non Current Liabilities Total and Common Stock Shares Outstanding is 0.62. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Cigniti Technologies Limited, assuming nothing else is changed. The correlation between historical values of Cigniti Technologies' Non Current Liabilities Total and Common Stock Shares Outstanding 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 Cigniti Technologies Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Liabilities Total i.e., Cigniti Technologies' Non Current Liabilities Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Cigniti Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cigniti 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigniti 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 gross domestic product.
The Cigniti Technologies' current Tax Provision is estimated to increase to about 575.2 M, while Selling General Administrative is projected to decrease to under 332.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense38.0M44.0M41.2M31.5M
Depreciation And Amortization161.6M263.8M303.3M318.5M

Cigniti Technologies fundamental ratios Correlations

0.230.760.580.970.39-0.30.770.540.220.910.560.540.50.040.620.980.570.810.980.17-0.180.470.78-0.260.61
0.230.350.830.00.40.780.040.32-0.260.030.730.410.310.480.820.170.710.550.250.960.480.36-0.40.070.6
0.760.350.610.680.47-0.140.70.490.180.560.490.120.50.270.580.710.490.590.740.380.050.520.490.320.51
0.580.830.610.390.620.470.290.650.080.350.820.480.540.30.990.490.80.890.570.780.40.580.02-0.070.76
0.970.00.680.390.29-0.490.780.470.260.920.410.480.46-0.050.430.960.420.690.94-0.05-0.30.380.9-0.280.46
0.390.40.470.620.290.35-0.050.90.480.030.350.020.760.110.580.20.370.550.280.390.640.760.160.090.54
-0.30.78-0.140.47-0.490.35-0.590.2-0.16-0.480.350.170.130.330.46-0.380.330.12-0.320.720.680.34-0.720.020.32
0.770.040.70.290.78-0.05-0.590.08-0.080.790.350.240.190.120.310.830.360.480.820.1-0.47-0.070.640.10.27
0.540.320.490.650.470.90.20.080.60.190.450.080.840.030.610.350.460.670.420.320.590.720.34-0.040.48
0.22-0.260.180.080.260.48-0.16-0.080.60.03-0.08-0.20.46-0.130.040.09-0.050.180.08-0.240.330.560.35-0.050.24
0.910.030.560.350.920.03-0.480.790.190.030.410.650.14-0.130.420.970.410.660.93-0.05-0.530.230.8-0.440.46
0.560.730.490.820.410.350.350.350.45-0.080.410.620.480.420.850.520.990.780.570.650.320.350.0-0.140.68
0.540.410.120.480.480.020.170.240.08-0.20.650.620.060.090.590.60.60.650.590.2-0.230.290.24-0.660.57
0.50.310.50.540.460.760.130.190.840.460.140.480.060.390.510.350.510.550.380.310.60.520.280.220.4
0.040.480.270.3-0.050.110.330.120.03-0.13-0.130.420.090.390.290.040.430.11-0.020.490.44-0.01-0.30.440.41
0.620.820.580.990.430.580.460.310.610.040.420.850.590.510.290.540.830.910.620.750.330.570.06-0.170.78
0.980.170.710.490.960.2-0.380.830.350.090.970.520.60.350.040.540.520.740.980.11-0.350.340.78-0.290.56
0.570.710.490.80.420.370.330.360.46-0.050.410.990.60.510.430.830.520.750.580.640.330.350.02-0.10.65
0.810.550.590.890.690.550.120.480.670.180.660.780.650.550.110.910.740.750.790.470.140.540.39-0.370.76
0.980.250.740.570.940.28-0.320.820.420.080.930.570.590.38-0.020.620.980.580.790.19-0.30.40.74-0.260.54
0.170.960.380.78-0.050.390.720.10.32-0.24-0.050.650.20.310.490.750.110.640.470.190.50.25-0.430.240.51
-0.180.480.050.4-0.30.640.68-0.470.590.33-0.530.32-0.230.60.440.33-0.350.330.14-0.30.50.4-0.460.260.31
0.470.360.520.580.380.760.34-0.070.720.560.230.350.290.52-0.010.570.340.350.540.40.250.40.27-0.140.57
0.78-0.40.490.020.90.16-0.720.640.340.350.80.00.240.28-0.30.060.780.020.390.74-0.43-0.460.27-0.270.14
-0.260.070.32-0.07-0.280.090.020.1-0.04-0.05-0.44-0.14-0.660.220.44-0.17-0.29-0.1-0.37-0.260.240.26-0.14-0.27-0.31
0.610.60.510.760.460.540.320.270.480.240.460.680.570.40.410.780.560.650.760.540.510.310.570.14-0.31
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Cigniti Technologies Account Relationship Matchups

Cigniti Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.3B7.0B8.5B10.1B10.6B
Short Long Term Debt Total1.2B456.8M800.4M609.7M572.3M551.2M
Other Current Liab171.0M193.4M281.3M222.7M567.9M596.3M
Total Current Liabilities1.7B1.3B2.0B2.2B2.4B1.3B
Total Stockholder Equity2.7B3.7B4.6B5.9B7.4B7.7B
Property Plant And Equipment Net470.9M383.7M580.9M489.7M404.7M410.5M
Net Debt1.1B200.6M555.8M119.8M(464.3M)(441.1M)
Cash76.2M256.1M244.6M437.9M1.0B1.1B
Non Current Assets Total1.1B1.0B1.4B1.7B1.4B975.2M
Non Currrent Assets Other(1.1B)855.4M109.3M115.8M73.9M77.6M
Cash And Short Term Investments1.4B2.1B2.4B4.0B4.1B4.3B
Common Stock Shares Outstanding27.8M27.9M28.1M27.5M27.4M22.4M
Liabilities And Stockholders Equity4.8B5.3B7.0B8.5B10.1B10.6B
Non Current Liabilities Total385.4M328.3M409.7M410.5M326.6M174.8M
Other Current Assets506.7M463.1M446.6M217.6M572.6M311.2M
Other Stockholder Equity2.9B2.9B2.9B(3.3B)2.6B1.3B
Total Liab2.1B1.6B2.4B2.6B2.7B1.4B
Total Current Assets3.7B4.3B5.6B6.8B8.6B9.1B
Accumulated Other Comprehensive Income(196.4M)(107.6M)(87.7M)45.0M88.1M92.5M
Common Stock278.5M280.2M280.5M272.6M273.0M233.1M
Accounts Payable601.4M618.9M938.5M1.2B1.1B579.8M
Net Receivables1.8B1.7B2.8B3.8B4.0B4.2B
Short Term Debt919.4M251.9M567.6M418.5M486.8M614.5M
Current Deferred Revenue91.9M237.7M461.4M360.1M143.3M189.5M
Retained Earnings(426.9M)622.5M1.5B3.0B4.4B4.6B
Inventory(488.9M)(804.6M)(1.2B)(1.8B)(10.6M)(11.1M)
Other Assets51.6M103.7M107.6M59.1M68.0M75.2M
Other Liab74.7M90.1M123.5M176.9M203.4M213.6M
Net Tangible Assets958.8M2.1B3.2B4.0B4.7B4.9B
Short Term Investments1.3B1.8B2.1B3.6B2.9B3.0B
Capital Surpluse2.9B2.9B2.9B2.6B3.0B2.9B
Property Plant Equipment470.9M383.7M580.9M489.7M440.8M372.7M
Long Term Debt Total295.3M204.9M232.8M191.2M219.9M200.5M
Short Long Term Debt837.7M161.1M469.6M304.4M349.3M521.7M
Net Invested Capital3.5B3.9B5.1B6.2B7.7B4.7B
Net Working Capital2.0B3.0B3.6B4.6B6.3B6.6B

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Other Information on Investing in Cigniti Stock

Balance Sheet is a snapshot of the financial position of Cigniti Technologies at a specified time, usually calculated after every quarter, six months, or one year. Cigniti Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cigniti Technologies 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 Cigniti currently owns. An asset can also be divided into two categories, current and non-current.