NIIT Cash And Short Term Investments vs Inventory Analysis

NIITMTS Stock

470.10 4.45 0.96%

NIIT LEARNING financial indicator trend analysis is infinitely more than just investigating NIIT LEARNING SYSTEMS recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NIIT LEARNING SYSTEMS is a good investment. Please check the relationship between NIIT LEARNING Cash And Short Term Investments and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIIT LEARNING SYSTEMS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Cash And Short Term Investments vs Inventory

Cash And Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NIIT LEARNING SYSTEMS Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have pay attention.

The correlation between NIIT LEARNING's Cash And Short Term Investments and Inventory is -0.92. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of NIIT LEARNING SYSTEMS, assuming nothing else is changed. The correlation between historical values of NIIT LEARNING's Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of NIIT LEARNING SYSTEMS are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., NIIT LEARNING's Cash And Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of NIIT LEARNING SYSTEMS balance sheet. This account contains NIIT LEARNING investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NIIT LEARNING SYSTEMS fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Inventory

Most indicators from NIIT LEARNING's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NIIT LEARNING SYSTEMS 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIIT LEARNING SYSTEMS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Selling General Administrative is likely to gain to about 3.5 B in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	3.0B	2.9B	3.3B	2.1B
Cost Of Revenue	5.8B	6.9B	7.0B	4.4B

Total Operating Expenses Cost Of Revenue

NIIT LEARNING 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Good Will
Total Assets		0.88	1.0	1.0	1.0	0.9	-0.84	0.94	0.96	0.96	0.92	0.86	0.98	0.99	0.96	0.9	-0.89	0.89	0.83	1.0	0.99	0.98	0.99	-0.57	0.59	0.93
Short Long Term Debt Total	0.88		0.85	0.86	0.83	0.86	-0.51	0.83	0.74	0.73	0.9	0.79	0.76	0.81	0.77	0.99	-0.65	0.86	0.93	0.92	0.82	0.95	0.86	-0.86	0.17	0.97
Other Current Liab	1.0	0.85		1.0	1.0	0.88	-0.87	0.94	0.97	0.98	0.91	0.85	0.99	1.0	0.96	0.89	-0.9	0.87	0.81	0.99	1.0	0.97	1.0	-0.54	0.64	0.91
Total Current Liabilities	1.0	0.86	1.0		1.0	0.9	-0.85	0.94	0.96	0.97	0.91	0.87	0.98	0.99	0.96	0.88	-0.89	0.89	0.82	0.99	1.0	0.97	0.99	-0.56	0.61	0.91
Total Stockholder Equity	1.0	0.83	1.0	1.0		0.89	-0.89	0.94	0.97	0.98	0.9	0.86	0.99	0.99	0.97	0.86	-0.91	0.88	0.79	0.98	1.0	0.95	0.99	-0.5	0.65	0.89
Property Plant And Equipment Net	0.9	0.86	0.88	0.9	0.89		-0.76	0.98	0.82	0.84	0.99	0.99	0.86	0.87	0.89	0.86	-0.85	1.0	0.95	0.9	0.88	0.89	0.88	-0.7	0.38	0.94
Net Debt	-0.84	-0.51	-0.87	-0.85	-0.89	-0.76		-0.87	-0.93	-0.95	-0.76	-0.78	-0.93	-0.9	-0.9	-0.57	0.92	-0.75	-0.57	-0.79	-0.89	-0.72	-0.86	0.19	-0.88	-0.65
Retained Earnings	0.94	0.83	0.94	0.94	0.94	0.98	-0.87		0.92	0.93	0.98	0.96	0.93	0.94	0.94	0.85	-0.91	0.97	0.9	0.93	0.94	0.91	0.94	-0.61	0.56	0.92
Accounts Payable	0.96	0.74	0.97	0.96	0.97	0.82	-0.93	0.92		0.99	0.85	0.8	0.99	0.99	0.94	0.8	-0.89	0.8	0.7	0.94	0.97	0.9	0.97	-0.44	0.78	0.82
Cash	0.96	0.73	0.98	0.97	0.98	0.84	-0.95	0.93	0.99		0.85	0.82	1.0	0.99	0.96	0.77	-0.92	0.82	0.7	0.94	0.99	0.9	0.97	-0.39	0.78	0.82
Non Current Assets Total	0.92	0.9	0.91	0.91	0.9	0.99	-0.76	0.98	0.85	0.85		0.95	0.87	0.89	0.91	0.92	-0.86	0.98	0.97	0.93	0.9	0.92	0.91	-0.73	0.39	0.97
Non Currrent Assets Other	0.86	0.79	0.85	0.87	0.86	0.99	-0.78	0.96	0.8	0.82	0.95		0.84	0.84	0.86	0.78	-0.83	0.99	0.91	0.85	0.86	0.84	0.84	-0.65	0.4	0.88
Cash And Short Term Investments	0.98	0.76	0.99	0.98	0.99	0.86	-0.93	0.93	0.99	1.0	0.87	0.84		0.99	0.96	0.8	-0.92	0.84	0.73	0.95	0.99	0.92	0.98	-0.43	0.74	0.84
Net Receivables	0.99	0.81	1.0	0.99	0.99	0.87	-0.9	0.94	0.99	0.99	0.89	0.84	0.99		0.96	0.85	-0.91	0.85	0.77	0.97	0.99	0.94	1.0	-0.5	0.7	0.88
Common Stock Shares Outstanding	0.96	0.77	0.96	0.96	0.97	0.89	-0.9	0.94	0.94	0.96	0.91	0.86	0.96	0.96		0.82	-0.98	0.88	0.8	0.94	0.96	0.88	0.96	-0.41	0.65	0.88
Non Current Liabilities Total	0.9	0.99	0.89	0.88	0.86	0.86	-0.57	0.85	0.8	0.77	0.92	0.78	0.8	0.85	0.82		-0.72	0.85	0.92	0.94	0.85	0.95	0.9	-0.8	0.26	0.98
Inventory	-0.89	-0.65	-0.9	-0.89	-0.91	-0.85	0.92	-0.91	-0.89	-0.92	-0.86	-0.83	-0.92	-0.91	-0.98	-0.72		-0.84	-0.74	-0.86	-0.91	-0.78	-0.89	0.29	-0.68	-0.8
Other Current Assets	0.89	0.86	0.87	0.89	0.88	1.0	-0.75	0.97	0.8	0.82	0.98	0.99	0.84	0.85	0.88	0.85	-0.84		0.96	0.89	0.87	0.88	0.87	-0.71	0.36	0.93
Other Stockholder Equity	0.83	0.93	0.81	0.82	0.79	0.95	-0.57	0.9	0.7	0.7	0.97	0.91	0.73	0.77	0.8	0.92	-0.74	0.96		0.86	0.78	0.87	0.81	-0.83	0.15	0.97
Total Liab	1.0	0.92	0.99	0.99	0.98	0.9	-0.79	0.93	0.94	0.94	0.93	0.85	0.95	0.97	0.94	0.94	-0.86	0.89	0.86		0.98	0.99	0.99	-0.63	0.53	0.95
Total Current Assets	0.99	0.82	1.0	1.0	1.0	0.88	-0.89	0.94	0.97	0.99	0.9	0.86	0.99	0.99	0.96	0.85	-0.91	0.87	0.78	0.98		0.95	0.99	-0.5	0.67	0.89
Short Term Debt	0.98	0.95	0.97	0.97	0.95	0.89	-0.72	0.91	0.9	0.9	0.92	0.84	0.92	0.94	0.88	0.95	-0.78	0.88	0.87	0.99	0.95		0.97	-0.71	0.45	0.95
Intangible Assets	0.99	0.86	1.0	0.99	0.99	0.88	-0.86	0.94	0.97	0.97	0.91	0.84	0.98	1.0	0.96	0.9	-0.89	0.87	0.81	0.99	0.99	0.97		-0.56	0.63	0.92
Common Stock	-0.57	-0.86	-0.54	-0.56	-0.5	-0.7	0.19	-0.61	-0.44	-0.39	-0.73	-0.65	-0.43	-0.5	-0.41	-0.8	0.29	-0.71	-0.83	-0.63	-0.5	-0.71	-0.56		0.16	-0.78
Short Term Investments	0.59	0.17	0.64	0.61	0.65	0.38	-0.88	0.56	0.78	0.78	0.39	0.4	0.74	0.7	0.65	0.26	-0.68	0.36	0.15	0.53	0.67	0.45	0.63	0.16		0.3
Good Will	0.93	0.97	0.91	0.91	0.89	0.94	-0.65	0.92	0.82	0.82	0.97	0.88	0.84	0.88	0.88	0.98	-0.8	0.93	0.97	0.95	0.89	0.95	0.92	-0.78	0.3

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NIIT LEARNING Account Relationship Matchups

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NIIT Cash And Short Term Investments vs Inventory Analysis

Cash And Short Term Investments vs Inventory

Cash And Short Term Investments vs Inventory Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Inventory

NIIT LEARNING fundamental ratios Correlations

NIIT LEARNING Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for NIIT Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Stockholder Equity	+ 1.0	Other Current Liab

Inventory	- 0.98	Common Stock Shares Outstanding
Cash	- 0.95	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Accounts Payable	- 0.93	Net Debt
Inventory	- 0.92	Cash And Short Term Investments
Inventory	- 0.92	Cash