Cigniti Operating Income vs Gross Profit Analysis

CIGNITITEC

1,857 40.95 2.25%

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 Operating Income and its Gross Profit 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.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cigniti Technologies Operating Income account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cigniti Technologies' Operating Income and Gross Profit is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit 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' Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Cigniti Technologies Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Cigniti Technologies' Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Cigniti Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cigniti Technologies Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cigniti Technologies Limited minus its cost of goods sold. It is profit before Cigniti Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Expense	38.0M	44.0M	41.2M	31.5M
Depreciation And Amortization	161.6M	263.8M	303.3M	318.5M

Interest Expense Depreciation And Amortization

Cigniti Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Net Receivables	Short Term Debt	Intangible Assets	Current Deferred Revenue	Retained Earnings	Inventory	Other Assets
Total Assets		0.23	0.76	0.58	0.97	0.39	-0.3	0.77	0.54	0.22	0.91	0.56	0.54	0.5	0.04	0.62	0.98	0.57	0.81	0.98	0.17	-0.18	0.47	0.78	-0.26	0.61
Short Long Term Debt Total	0.23		0.35	0.83	0.0	0.4	0.78	0.04	0.32	-0.26	0.03	0.73	0.41	0.31	0.48	0.82	0.17	0.71	0.55	0.25	0.96	0.48	0.36	-0.4	0.07	0.6
Other Current Liab	0.76	0.35		0.61	0.68	0.47	-0.14	0.7	0.49	0.18	0.56	0.49	0.12	0.5	0.27	0.58	0.71	0.49	0.59	0.74	0.38	0.05	0.52	0.49	0.32	0.51
Total Current Liabilities	0.58	0.83	0.61		0.39	0.62	0.47	0.29	0.65	0.08	0.35	0.82	0.48	0.54	0.3	0.99	0.49	0.8	0.89	0.57	0.78	0.4	0.58	0.02	-0.07	0.76
Total Stockholder Equity	0.97	0.0	0.68	0.39		0.29	-0.49	0.78	0.47	0.26	0.92	0.41	0.48	0.46	-0.05	0.43	0.96	0.42	0.69	0.94	-0.05	-0.3	0.38	0.9	-0.28	0.46
Property Plant And Equipment Net	0.39	0.4	0.47	0.62	0.29		0.35	-0.05	0.9	0.48	0.03	0.35	0.02	0.76	0.11	0.58	0.2	0.37	0.55	0.28	0.39	0.64	0.76	0.16	0.09	0.54
Net Debt	-0.3	0.78	-0.14	0.47	-0.49	0.35		-0.59	0.2	-0.16	-0.48	0.35	0.17	0.13	0.33	0.46	-0.38	0.33	0.12	-0.32	0.72	0.68	0.34	-0.72	0.02	0.32
Cash	0.77	0.04	0.7	0.29	0.78	-0.05	-0.59		0.08	-0.08	0.79	0.35	0.24	0.19	0.12	0.31	0.83	0.36	0.48	0.82	0.1	-0.47	-0.07	0.64	0.1	0.27
Non Current Assets Total	0.54	0.32	0.49	0.65	0.47	0.9	0.2	0.08		0.6	0.19	0.45	0.08	0.84	0.03	0.61	0.35	0.46	0.67	0.42	0.32	0.59	0.72	0.34	-0.04	0.48
Non Currrent Assets Other	0.22	-0.26	0.18	0.08	0.26	0.48	-0.16	-0.08	0.6		0.03	-0.08	-0.2	0.46	-0.13	0.04	0.09	-0.05	0.18	0.08	-0.24	0.33	0.56	0.35	-0.05	0.24
Cash And Short Term Investments	0.91	0.03	0.56	0.35	0.92	0.03	-0.48	0.79	0.19	0.03		0.41	0.65	0.14	-0.13	0.42	0.97	0.41	0.66	0.93	-0.05	-0.53	0.23	0.8	-0.44	0.46
Common Stock Shares Outstanding	0.56	0.73	0.49	0.82	0.41	0.35	0.35	0.35	0.45	-0.08	0.41		0.62	0.48	0.42	0.85	0.52	0.99	0.78	0.57	0.65	0.32	0.35	0.0	-0.14	0.68
Non Current Liabilities Total	0.54	0.41	0.12	0.48	0.48	0.02	0.17	0.24	0.08	-0.2	0.65	0.62		0.06	0.09	0.59	0.6	0.6	0.65	0.59	0.2	-0.23	0.29	0.24	-0.66	0.57
Other Current Assets	0.5	0.31	0.5	0.54	0.46	0.76	0.13	0.19	0.84	0.46	0.14	0.48	0.06		0.39	0.51	0.35	0.51	0.55	0.38	0.31	0.6	0.52	0.28	0.22	0.4
Other Stockholder Equity	0.04	0.48	0.27	0.3	-0.05	0.11	0.33	0.12	0.03	-0.13	-0.13	0.42	0.09	0.39		0.29	0.04	0.43	0.11	-0.02	0.49	0.44	-0.01	-0.3	0.44	0.41
Total Liab	0.62	0.82	0.58	0.99	0.43	0.58	0.46	0.31	0.61	0.04	0.42	0.85	0.59	0.51	0.29		0.54	0.83	0.91	0.62	0.75	0.33	0.57	0.06	-0.17	0.78
Total Current Assets	0.98	0.17	0.71	0.49	0.96	0.2	-0.38	0.83	0.35	0.09	0.97	0.52	0.6	0.35	0.04	0.54		0.52	0.74	0.98	0.11	-0.35	0.34	0.78	-0.29	0.56
Common Stock	0.57	0.71	0.49	0.8	0.42	0.37	0.33	0.36	0.46	-0.05	0.41	0.99	0.6	0.51	0.43	0.83	0.52		0.75	0.58	0.64	0.33	0.35	0.02	-0.1	0.65
Accounts Payable	0.81	0.55	0.59	0.89	0.69	0.55	0.12	0.48	0.67	0.18	0.66	0.78	0.65	0.55	0.11	0.91	0.74	0.75		0.79	0.47	0.14	0.54	0.39	-0.37	0.76
Net Receivables	0.98	0.25	0.74	0.57	0.94	0.28	-0.32	0.82	0.42	0.08	0.93	0.57	0.59	0.38	-0.02	0.62	0.98	0.58	0.79		0.19	-0.3	0.4	0.74	-0.26	0.54
Short Term Debt	0.17	0.96	0.38	0.78	-0.05	0.39	0.72	0.1	0.32	-0.24	-0.05	0.65	0.2	0.31	0.49	0.75	0.11	0.64	0.47	0.19		0.5	0.25	-0.43	0.24	0.51
Intangible Assets	-0.18	0.48	0.05	0.4	-0.3	0.64	0.68	-0.47	0.59	0.33	-0.53	0.32	-0.23	0.6	0.44	0.33	-0.35	0.33	0.14	-0.3	0.5		0.4	-0.46	0.26	0.31
Current Deferred Revenue	0.47	0.36	0.52	0.58	0.38	0.76	0.34	-0.07	0.72	0.56	0.23	0.35	0.29	0.52	-0.01	0.57	0.34	0.35	0.54	0.4	0.25	0.4		0.27	-0.14	0.57
Retained Earnings	0.78	-0.4	0.49	0.02	0.9	0.16	-0.72	0.64	0.34	0.35	0.8	0.0	0.24	0.28	-0.3	0.06	0.78	0.02	0.39	0.74	-0.43	-0.46	0.27		-0.27	0.14
Inventory	-0.26	0.07	0.32	-0.07	-0.28	0.09	0.02	0.1	-0.04	-0.05	-0.44	-0.14	-0.66	0.22	0.44	-0.17	-0.29	-0.1	-0.37	-0.26	0.24	0.26	-0.14	-0.27		-0.31
Other Assets	0.61	0.6	0.51	0.76	0.46	0.54	0.32	0.27	0.48	0.24	0.46	0.68	0.57	0.4	0.41	0.78	0.56	0.65	0.76	0.54	0.51	0.31	0.57	0.14	-0.31

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Cigniti Technologies Account Relationship Matchups

Cigniti Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8B	5.3B	7.0B	8.5B	10.1B	10.6B
Short Long Term Debt Total	1.2B	456.8M	800.4M	609.7M	572.3M	551.2M
Other Current Liab	171.0M	193.4M	281.3M	222.7M	567.9M	596.3M
Total Current Liabilities	1.7B	1.3B	2.0B	2.2B	2.4B	1.3B
Total Stockholder Equity	2.7B	3.7B	4.6B	5.9B	7.4B	7.7B
Property Plant And Equipment Net	470.9M	383.7M	580.9M	489.7M	404.7M	410.5M
Net Debt	1.1B	200.6M	555.8M	119.8M	(464.3M)	(441.1M)
Cash	76.2M	256.1M	244.6M	437.9M	1.0B	1.1B
Non Current Assets Total	1.1B	1.0B	1.4B	1.7B	1.4B	975.2M
Non Currrent Assets Other	(1.1B)	855.4M	109.3M	115.8M	73.9M	77.6M
Cash And Short Term Investments	1.4B	2.1B	2.4B	4.0B	4.1B	4.3B
Common Stock Shares Outstanding	27.8M	27.9M	28.1M	27.5M	27.4M	22.4M
Liabilities And Stockholders Equity	4.8B	5.3B	7.0B	8.5B	10.1B	10.6B
Non Current Liabilities Total	385.4M	328.3M	409.7M	410.5M	326.6M	174.8M
Other Current Assets	506.7M	463.1M	446.6M	217.6M	572.6M	311.2M
Other Stockholder Equity	2.9B	2.9B	2.9B	(3.3B)	2.6B	1.3B
Total Liab	2.1B	1.6B	2.4B	2.6B	2.7B	1.4B
Total Current Assets	3.7B	4.3B	5.6B	6.8B	8.6B	9.1B
Accumulated Other Comprehensive Income	(196.4M)	(107.6M)	(87.7M)	45.0M	88.1M	92.5M
Common Stock	278.5M	280.2M	280.5M	272.6M	273.0M	233.1M
Accounts Payable	601.4M	618.9M	938.5M	1.2B	1.1B	579.8M
Net Receivables	1.8B	1.7B	2.8B	3.8B	4.0B	4.2B
Short Term Debt	919.4M	251.9M	567.6M	418.5M	486.8M	614.5M
Current Deferred Revenue	91.9M	237.7M	461.4M	360.1M	143.3M	189.5M
Retained Earnings	(426.9M)	622.5M	1.5B	3.0B	4.4B	4.6B
Inventory	(488.9M)	(804.6M)	(1.2B)	(1.8B)	(10.6M)	(11.1M)
Other Assets	51.6M	103.7M	107.6M	59.1M	68.0M	75.2M
Other Liab	74.7M	90.1M	123.5M	176.9M	203.4M	213.6M
Net Tangible Assets	958.8M	2.1B	3.2B	4.0B	4.7B	4.9B
Short Term Investments	1.3B	1.8B	2.1B	3.6B	2.9B	3.0B
Capital Surpluse	2.9B	2.9B	2.9B	2.6B	3.0B	2.9B
Property Plant Equipment	470.9M	383.7M	580.9M	489.7M	440.8M	372.7M
Long Term Debt Total	295.3M	204.9M	232.8M	191.2M	219.9M	200.5M
Short Long Term Debt	837.7M	161.1M	469.6M	304.4M	349.3M	521.7M
Net Invested Capital	3.5B	3.9B	5.1B	6.2B	7.7B	4.7B
Net Working Capital	2.0B	3.0B	3.6B	4.6B	6.3B	6.6B

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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.

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Cigniti Operating Income vs Gross Profit Analysis

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Operating Income

Gross Profit

Cigniti Technologies fundamental ratios Correlations

Cigniti Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cigniti Technologies fundamental ratios Accounts

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Other Information on Investing in Cigniti Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Common Stock Shares Outstanding
Total Current Assets	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Current Assets
Total Stockholder Equity	+ 0.97	Total Assets

Retained Earnings	- 0.72	Net Debt
Inventory	- 0.66	Non Current Liabilities Total
Cash	- 0.59	Net Debt
Intangible Assets	- 0.53	Cash And Short Term Investments
Net Debt	- 0.49	Total Stockholder Equity
Cash And Short Term Investments	- 0.48	Net Debt