Conduent Net Invested Capital vs Total Assets Analysis

CNDT Stock

USD 4.39 0.13 3.05%

Conduent financial indicator trend analysis is way more than just evaluating Conduent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conduent is a good investment. Please check the relationship between Conduent Net Invested Capital and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conduent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Conduent Stock please use our How to Invest in Conduent guide.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conduent Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Conduent's Net Invested Capital and Total Assets is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Conduent, assuming nothing else is changed. The correlation between historical values of Conduent's Net Invested Capital and Total 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 Net Invested Capital of Conduent are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Conduent's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Conduent assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Conduent books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Conduent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conduent 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 Conduent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Conduent Stock please use our How to Invest in Conduent guide.At this time, Conduent's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.8 M in 2024, whereas Enterprise Value is likely to drop slightly above 3.7 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	55M	84M	111M	69.2M
Depreciation And Amortization	352M	230M	264M	396.7M

Interest Expense Depreciation And Amortization

Conduent fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		-0.33	0.25	-0.22	-0.22	-0.43	-0.63	0.46	0.21	-0.4	0.22	-0.45	0.28	-0.5	0.15	-0.13	0.2	0.28	-0.37	-0.53	-0.26	-0.14	0.44	0.25	0.25	-0.32
Total Assets	-0.33		-0.79	0.94	0.94	0.98	0.47	-0.86	-0.78	0.95	-0.76	0.59	-0.75	0.98	-0.8	-0.36	-0.77	-0.75	0.98	0.96	0.88	-0.33	-0.34	-0.94	0.15	0.97
Short Long Term Debt Total	0.25	-0.79		-0.91	-0.91	-0.8	-0.24	0.62	0.52	-0.78	0.98	-0.86	0.88	-0.78	0.92	0.25	0.99	0.88	-0.85	-0.73	-0.73	0.81	0.57	0.85	0.08	-0.73
Other Current Liab	-0.22	0.94	-0.91		1.0	0.91	0.22	-0.76	-0.62	0.9	-0.87	0.69	-0.86	0.9	-0.89	-0.39	-0.91	-0.86	0.95	0.85	0.87	-0.58	-0.44	-0.92	0.22	0.94
Total Current Liabilities	-0.22	0.94	-0.91	1.0		0.9	0.21	-0.74	-0.61	0.89	-0.87	0.7	-0.86	0.9	-0.88	-0.38	-0.91	-0.86	0.95	0.84	0.87	-0.58	-0.44	-0.92	0.23	0.94
Total Stockholder Equity	-0.43	0.98	-0.8	0.91	0.9		0.55	-0.87	-0.8	0.94	-0.78	0.64	-0.72	0.99	-0.81	-0.34	-0.76	-0.72	0.97	0.99	0.82	-0.32	-0.34	-0.93	0.03	0.94
Other Liab	-0.63	0.47	-0.24	0.22	0.21	0.55		-0.61	-0.63	0.56	-0.23	0.23	-0.25	0.57	-0.22	0.16	-0.14	-0.25	0.49	0.65	0.39	0.22	-0.19	-0.43	-0.58	0.34
Net Tangible Assets	0.46	-0.86	0.62	-0.76	-0.74	-0.87	-0.61		0.74	-0.8	0.59	-0.52	0.59	-0.88	0.62	0.53	0.56	0.59	-0.83	-0.88	-0.79	0.11	0.36	0.77	-0.04	-0.83
Property Plant And Equipment Net	0.21	-0.78	0.52	-0.62	-0.61	-0.8	-0.63	0.74		-0.73	0.53	-0.29	0.4	-0.76	0.63	0.37	0.44	0.4	-0.76	-0.8	-0.65	0.08	0.08	0.71	0.02	-0.69
Current Deferred Revenue	-0.4	0.95	-0.78	0.9	0.89	0.94	0.56	-0.8	-0.73		-0.71	0.53	-0.83	0.95	-0.77	-0.14	-0.75	-0.83	0.97	0.93	0.92	-0.31	-0.39	-0.9	0.01	0.93
Net Debt	0.22	-0.76	0.98	-0.87	-0.87	-0.78	-0.23	0.59	0.53	-0.71		-0.89	0.78	-0.74	0.92	0.32	0.97	0.78	-0.8	-0.7	-0.64	0.82	0.55	0.84	0.1	-0.68
Accounts Payable	-0.45	0.59	-0.86	0.69	0.7	0.64	0.23	-0.52	-0.29	0.53	-0.89		-0.64	0.64	-0.67	-0.25	-0.85	-0.64	0.64	0.6	0.49	-0.69	-0.7	-0.68	-0.13	0.53
Cash	0.28	-0.75	0.88	-0.86	-0.86	-0.72	-0.25	0.59	0.4	-0.83	0.78	-0.64		-0.75	0.78	0.04	0.88	1.0	-0.85	-0.68	-0.83	0.64	0.53	0.73	0.02	-0.75
Non Current Assets Total	-0.5	0.98	-0.78	0.9	0.9	0.99	0.57	-0.88	-0.76	0.95	-0.74	0.64	-0.75		-0.77	-0.3	-0.74	-0.75	0.97	0.99	0.85	-0.27	-0.38	-0.92	0.05	0.95
Non Currrent Assets Other	0.15	-0.8	0.92	-0.89	-0.88	-0.81	-0.22	0.62	0.63	-0.77	0.92	-0.67	0.78	-0.77		0.36	0.91	0.78	-0.82	-0.73	-0.67	0.74	0.36	0.83	0.02	-0.73
Other Assets	-0.13	-0.36	0.25	-0.39	-0.38	-0.34	0.16	0.53	0.37	-0.14	0.32	-0.25	0.04	-0.3	0.36		0.26	0.04	-0.27	-0.27	-0.25	0.15	-0.01	0.35	-0.47	-0.38
Long Term Debt	0.2	-0.77	0.99	-0.91	-0.91	-0.76	-0.14	0.56	0.44	-0.75	0.97	-0.85	0.88	-0.74	0.91	0.26		0.88	-0.82	-0.68	-0.71	0.84	0.57	0.82	0.0	-0.72
Cash And Short Term Investments	0.28	-0.75	0.88	-0.86	-0.86	-0.72	-0.25	0.59	0.4	-0.83	0.78	-0.64	1.0	-0.75	0.78	0.04	0.88		-0.85	-0.68	-0.83	0.64	0.53	0.73	0.02	-0.75
Net Receivables	-0.37	0.98	-0.85	0.95	0.95	0.97	0.49	-0.83	-0.76	0.97	-0.8	0.64	-0.85	0.97	-0.82	-0.27	-0.82	-0.85		0.95	0.91	-0.4	-0.4	-0.93	0.06	0.95
Good Will	-0.53	0.96	-0.73	0.85	0.84	0.99	0.65	-0.88	-0.8	0.93	-0.7	0.6	-0.68	0.99	-0.73	-0.27	-0.68	-0.68	0.95		0.81	-0.2	-0.35	-0.89	-0.01	0.91
Short Term Investments	-0.26	0.88	-0.73	0.87	0.87	0.82	0.39	-0.79	-0.65	0.92	-0.64	0.49	-0.83	0.85	-0.67	-0.25	-0.71	-0.83	0.91	0.81		-0.31	-0.53	-0.81	0.23	0.9
Non Current Liabilities Total	-0.14	-0.33	0.81	-0.58	-0.58	-0.32	0.22	0.11	0.08	-0.31	0.82	-0.69	0.64	-0.27	0.74	0.15	0.84	0.64	-0.4	-0.2	-0.31		0.43	0.47	0.12	-0.26
Inventory	0.44	-0.34	0.57	-0.44	-0.44	-0.34	-0.19	0.36	0.08	-0.39	0.55	-0.7	0.53	-0.38	0.36	-0.01	0.57	0.53	-0.4	-0.35	-0.53	0.43		0.32	0.0	-0.34
Other Current Assets	0.25	-0.94	0.85	-0.92	-0.92	-0.93	-0.43	0.77	0.71	-0.9	0.84	-0.68	0.73	-0.92	0.83	0.35	0.82	0.73	-0.93	-0.89	-0.81	0.47	0.32		-0.01	-0.88
Other Stockholder Equity	0.25	0.15	0.08	0.22	0.23	0.03	-0.58	-0.04	0.02	0.01	0.1	-0.13	0.02	0.05	0.02	-0.47	0.0	0.02	0.06	-0.01	0.23	0.12	0.0	-0.01		0.33
Total Liab	-0.32	0.97	-0.73	0.94	0.94	0.94	0.34	-0.83	-0.69	0.93	-0.68	0.53	-0.75	0.95	-0.73	-0.38	-0.72	-0.75	0.95	0.91	0.9	-0.26	-0.34	-0.88	0.33

Click cells to compare fundamentals

Conduent Account Relationship Matchups

Conduent fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	209.3M	210.0M	212.7M	215.9M	216.8M	231.0M
Total Assets	4.5B	4.3B	4.0B	3.6B	3.2B	4.9B
Short Long Term Debt Total	1.7B	1.7B	1.6B	1.5B	1.5B	1.5B
Other Current Liab	821M	574M	620M	504M	507M	916.2M
Total Current Liabilities	1.2B	1.1B	1.0B	923M	868M	1.3B
Total Stockholder Equity	1.3B	1.2B	1.1B	917M	771M	732.5M
Other Liab	202M	205M	170M	152M	136.8M	130.0M
Net Tangible Assets	(818M)	1.1B	(259M)	65M	74.8M	78.5M
Property Plant And Equipment Net	613M	551M	512M	463M	388M	436.3M
Current Deferred Revenue	108M	133M	82M	81M	91M	113.7M
Net Debt	1.2B	1.3B	1.2B	890M	995M	1.0B
Accounts Payable	230M	198M	182M	228M	174M	161.4M
Cash	496M	450M	415M	582M	498M	499.8M
Non Current Assets Total	2.9B	2.7B	2.4B	1.9B	1.5B	1.4B
Non Currrent Assets Other	387M	413M	453M	457M	180M	338.5M
Other Assets	197M	964M	453M	190M	218.5M	420.2M
Long Term Debt	1.5B	1.4B	1.4B	1.3B	1.2B	1.4B
Cash And Short Term Investments	496M	450M	415M	582M	498M	499.8M
Net Receivables	807M	890M	911M	852M	783M	858.8M
Good Will	1.5B	1.5B	1.3B	955M	651M	618.5M
Liabilities And Stockholders Equity	4.5B	4.3B	4.0B	3.6B	3.2B	4.9B
Non Current Liabilities Total	2.0B	2.0B	1.9B	1.7B	1.5B	1.6B
Other Current Assets	283M	306M	412M	242M	374M	257.2M
Other Stockholder Equity	3.7B	3.8B	3.8B	3.8B	3.9B	3.3B
Total Liab	3.2B	3.1B	2.9B	2.7B	2.4B	2.8B
Property Plant And Equipment Gross	613M	551M	512M	463M	1.3B	1.4B
Short Long Term Debt	50M	90M	30M	35M	34M	32.3M
Total Current Assets	1.6B	1.6B	1.7B	1.6B	1.7B	1.6B
Accumulated Other Comprehensive Income	(407M)	(398M)	(429M)	(466M)	(435M)	(456.8M)
Short Term Debt	50M	171M	101M	92M	76M	75.8M
Intangible Assets	426M	187M	52M	39M	267M	253.7M
Property Plant Equipment	613M	305M	512M	463M	532.5M	407.2M
Retained Earnings	(2.2B)	(2.3B)	(2.4B)	(2.5B)	(2.8B)	(2.7B)
Retained Earnings Total Equity	(2.2B)	(2.3B)	(2.4B)	(2.5B)	(2.3B)	(2.2B)
Capital Surpluse	3.9B	3.9B	3.9B	3.9B	4.5B	4.3B
Deferred Long Term Liab	121M	97M	81M	86M	77.4M	78.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Conduent Stock Analysis

When running Conduent's price analysis, check to measure Conduent's 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 Conduent is operating at the current time. Most of Conduent's value examination focuses on studying past and present price action to predict the probability of Conduent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduent's price. Additionally, you may evaluate how the addition of Conduent to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC