HCL Short Long Term Debt Total vs Other Stockholder Equity Analysis

HCLTECH Stock   1,931  5.45  0.28%   
HCL Technologies financial indicator trend analysis is much more than just examining HCL Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HCL Technologies is a good investment. Please check the relationship between HCL Technologies Short Long Term Debt Total and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCL 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 income.

Short Long Term Debt Total vs Other Stockholder Equity

Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HCL Technologies Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
Short Long Term Debt TotalOther Stockholder EquityDiversified AwayShort Long Term Debt TotalOther Stockholder EquityDiversified Away100%
The correlation between HCL Technologies' Short Long Term Debt Total and Other Stockholder Equity is -0.69. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of HCL Technologies Limited, assuming nothing else is changed. The correlation between historical values of HCL Technologies' Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of HCL Technologies Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., HCL Technologies' Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Short Long Term Debt Total

Other Stockholder Equity

Most indicators from HCL Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HCL 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCL 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 income.
The HCL Technologies' current Tax Provision is estimated to increase to about 55.2 B, while Selling General Administrative is projected to decrease to under 12.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit256B292.2B255.3B152.0B
Total Revenue856.5B1.0T1.1T1.2T

HCL Technologies fundamental ratios Correlations

0.870.580.971.00.860.31-0.580.890.810.930.980.490.150.890.530.990.230.750.94-0.050.49-0.730.980.980.45
0.870.640.880.830.830.07-0.260.810.610.840.920.270.040.730.40.90.020.560.96-0.270.56-0.690.930.790.71
0.580.640.70.530.770.180.190.640.150.340.660.030.160.320.050.560.230.270.55-0.020.51-0.220.660.490.77
0.970.880.70.950.840.32-0.440.840.760.860.950.480.060.860.450.960.290.750.92-0.010.47-0.630.990.950.6
1.00.830.530.950.850.32-0.630.90.820.930.970.50.190.890.530.970.220.750.92-0.030.49-0.750.960.980.39
0.860.830.770.840.850.29-0.320.970.560.750.910.250.340.630.30.830.040.460.82-0.040.72-0.630.850.780.58
0.310.070.180.320.320.29-0.430.320.460.280.250.640.60.33-0.240.30.150.320.140.210.51-0.090.260.34-0.01
-0.58-0.260.19-0.44-0.63-0.32-0.43-0.5-0.85-0.74-0.45-0.74-0.08-0.69-0.43-0.56-0.08-0.57-0.45-0.08-0.180.48-0.45-0.670.29
0.890.810.640.840.90.970.32-0.50.660.830.920.340.360.70.330.86-0.030.510.84-0.090.69-0.740.850.840.45
0.810.610.150.760.820.560.46-0.850.660.910.70.80.00.910.540.830.160.790.750.080.31-0.560.770.880.14
0.930.840.340.860.930.750.28-0.740.830.910.890.60.060.90.530.940.080.720.93-0.150.48-0.750.90.930.33
0.980.920.660.950.970.910.25-0.450.920.70.890.370.230.790.430.960.160.620.95-0.130.6-0.760.970.920.55
0.490.270.030.480.50.250.64-0.740.340.80.60.370.020.670.310.510.190.640.4-0.080.26-0.130.460.57-0.05
0.150.040.160.060.190.340.6-0.080.360.00.060.230.02-0.04-0.30.13-0.15-0.110.06-0.030.64-0.260.060.08-0.13
0.890.730.320.860.890.630.33-0.690.70.910.90.790.67-0.040.630.910.230.950.86-0.050.25-0.590.870.940.3
0.530.40.050.450.530.3-0.24-0.430.330.540.530.430.31-0.30.630.550.330.630.560.12-0.19-0.210.50.59-0.12
0.990.90.560.960.970.830.3-0.560.860.830.940.960.510.130.910.550.190.770.97-0.070.47-0.720.980.970.47
0.230.020.230.290.220.040.15-0.08-0.030.160.080.160.19-0.150.230.330.190.310.10.53-0.130.250.230.280.03
0.750.560.270.750.750.460.32-0.570.510.790.720.620.64-0.110.950.630.770.310.70.020.05-0.40.740.840.24
0.940.960.550.920.920.820.14-0.450.840.750.930.950.40.060.860.560.970.10.7-0.20.48-0.730.960.90.53
-0.05-0.27-0.02-0.01-0.03-0.040.21-0.08-0.090.08-0.15-0.13-0.08-0.03-0.050.12-0.070.530.02-0.2-0.260.22-0.070.03-0.2
0.490.560.510.470.490.720.51-0.180.690.310.480.60.260.640.25-0.190.47-0.130.050.48-0.26-0.40.480.380.4
-0.73-0.69-0.22-0.63-0.75-0.63-0.090.48-0.74-0.56-0.75-0.76-0.13-0.26-0.59-0.21-0.720.25-0.4-0.730.22-0.4-0.67-0.68-0.29
0.980.930.660.990.960.850.26-0.450.850.770.90.970.460.060.870.50.980.230.740.96-0.070.48-0.670.950.59
0.980.790.490.950.980.780.34-0.670.840.880.930.920.570.080.940.590.970.280.840.90.030.38-0.680.950.36
0.450.710.770.60.390.58-0.010.290.450.140.330.55-0.05-0.130.3-0.120.470.030.240.53-0.20.4-0.290.590.36
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HCL Technologies Account Relationship Matchups

HCL Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets829.1B861.9B890.3B934.1B997.8B1.0T
Short Long Term Debt Total79.9B65.0B63.4B47.9B57.6B60.4B
Other Current Liab143.1B92.9B57.5B76.7B90.5B55.1B
Total Current Liabilities237.3B173.8B187.8B214.3B227.3B238.6B
Total Stockholder Equity512.7B599.1B619.1B654.1B682.6B716.8B
Property Plant And Equipment Net85.4B83.6B80.5B77.5B79.1B42.4B
Current Deferred Revenue32.8B34.2B36.0B163.0B43.2B45.4B
Net Debt31.4B(140M)(41.6B)(42.8B)(36.9B)(35.0B)
Retained Earnings477.7B547.1B555.9B561.3B564.3B286.1B
Accounts Payable11.7B17.3B62.8B64.3B58.5B61.5B
Cash48.4B65.2B105.0B90.7B94.4B99.1B
Non Current Assets Total444.9B431.4B409.9B398.3B404.5B424.7B
Non Currrent Assets Other19.9B19.4B127.6B147.0B126.7B133.0B
Other Assets849.2M30.3B747M31.1B(9.1B)(8.6B)
Cash And Short Term Investments119.6B156.5B188.7B212.3B272.6B286.2B
Net Receivables(5.6B)245.9B253.6B(19.9B)281.2B295.3B
Good Will161.5B171.9B174.2B185.7B201.3B211.4B
Short Term Investments71.1B91.4B83.6B121.6B178.1B187.0B
Liabilities And Stockholders Equity829.1B861.9B890.3B934.1B997.8B1.0T
Non Current Liabilities Total77.6B87.3B82.5B65.8B87.8B92.2B
Other Current Assets263.7B273.1B290.2B331.7B28.2B26.8B
Total Liab314.9B261.1B270.3B280.1B315.1B330.8B
Total Current Assets384.2B430.5B480.4B535.8B593.3B623.0B
Short Term Debt29.6B7.7B7.6B10.1B12.0B8.2B
Intangible Assets131.9B119.6B98.4B83.4B71.3B49.1B
Accumulated Other Comprehensive Income29.5B46.5B65.8B95.2B120.0B126.0B
Other Liab298.6M346.9M352M342M393.3M272.4M
Net Tangible Assets2.9B4.4B4.6B4.7B5.4B4.1B
Long Term Debt376.4M38.3B518M21.1B22.2B23.3B
Deferred Long Term Liab171.4M190.9M223M189M217.4M156.3M
Short Long Term Debt297.5M10.8M8M1.4B1.0B1.1B
Property Plant Equipment1.2B1.2B1.1B77.5B89.1B93.6B
Long Term Debt Total409.2M57.3B55.8B37.8B43.4B23.9B
Capital Surpluse412.7M412.3M412.3M70M63M59.9M
Capital Lease Obligations383.7M25.9B311M25.4B34.3B36.0B

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Other Information on Investing in HCL Stock

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