Taskus Net Invested Capital vs Accounts Payable Analysis

TASK Stock  USD 14.66  0.33  2.20%   
Taskus financial indicator trend analysis is much more than just breaking down Taskus Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taskus Inc is a good investment. Please check the relationship between Taskus Net Invested Capital and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Invested Capital vs Accounts Payable

Net Invested Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taskus Inc Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Taskus' Net Invested Capital and Accounts Payable is -0.43. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Taskus Inc, assuming nothing else is changed. The correlation between historical values of Taskus' Net Invested Capital and Accounts Payable 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 Taskus Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., Taskus' Net Invested Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Invested Capital

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

Accounts Payable

An accounting item on the balance sheet that represents Taskus obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Taskus Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Taskus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taskus Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Taskus' Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 222.8 M this year, although Enterprise Value will most likely fall to about 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit329.0M401.7M385.6M327.5M
Total Revenue760.7M960.5M924.4M766.3M

Taskus fundamental ratios Correlations

0.96-0.780.41-0.930.990.40.810.790.920.810.70.850.720.640.70.660.89-0.050.710.420.640.250.710.430.67
0.96-0.880.58-0.890.960.40.910.910.920.910.820.930.840.780.830.80.960.050.830.520.770.40.830.560.8
-0.78-0.88-0.850.86-0.8-0.33-0.98-0.96-0.94-0.98-0.93-0.97-0.97-0.95-0.97-0.97-0.82-0.43-0.9-0.78-0.95-0.75-0.9-0.83-0.94
0.410.58-0.85-0.510.470.160.790.80.650.810.780.730.910.940.920.910.590.620.830.950.890.940.830.990.79
-0.93-0.890.86-0.51-0.91-0.49-0.88-0.8-0.96-0.84-0.83-0.89-0.76-0.69-0.77-0.75-0.75-0.23-0.67-0.51-0.76-0.38-0.67-0.51-0.8
0.990.96-0.80.47-0.910.480.820.830.920.840.710.850.770.70.740.70.9-0.060.770.490.680.330.770.490.68
0.40.4-0.330.16-0.490.480.450.430.40.440.450.350.40.330.40.420.18-0.010.360.270.490.270.360.130.41
0.810.91-0.980.79-0.880.820.450.970.920.980.980.980.950.910.960.960.820.40.870.710.960.670.870.750.97
0.790.91-0.960.8-0.80.830.430.970.91.00.90.960.970.950.960.960.880.240.960.710.930.720.960.770.91
0.920.92-0.940.65-0.960.920.40.920.90.930.840.950.870.830.860.850.840.210.840.620.830.560.840.660.83
0.810.91-0.980.81-0.840.840.440.981.00.930.920.970.970.960.970.970.860.280.950.730.940.730.950.780.92
0.70.82-0.930.78-0.830.710.450.980.90.840.920.940.910.860.930.950.70.550.770.690.960.660.770.721.0
0.850.93-0.970.73-0.890.850.350.980.960.950.970.940.920.880.920.920.870.320.860.620.90.60.860.70.94
0.720.84-0.970.91-0.760.770.40.950.970.870.970.910.920.991.00.990.810.410.950.860.970.820.950.890.9
0.640.78-0.950.94-0.690.70.330.910.950.830.960.860.880.990.980.980.780.40.960.860.950.880.960.920.87
0.70.83-0.970.92-0.770.740.40.960.960.860.970.930.921.00.980.990.780.470.920.860.980.830.920.890.93
0.660.8-0.970.91-0.750.70.420.960.960.850.970.950.920.990.980.990.740.50.910.830.990.840.910.870.95
0.890.96-0.820.59-0.750.90.180.820.880.840.860.70.870.810.780.780.74-0.060.860.50.680.40.860.580.7
-0.050.05-0.430.62-0.23-0.06-0.010.40.240.210.280.550.320.410.40.470.5-0.060.140.610.550.570.140.60.56
0.710.83-0.90.83-0.670.770.360.870.960.840.950.770.860.950.960.920.910.860.140.750.860.781.00.810.77
0.420.52-0.780.95-0.510.490.270.710.710.620.730.690.620.860.860.860.830.50.610.750.830.90.750.970.68
0.640.77-0.950.89-0.760.680.490.960.930.830.940.960.90.970.950.980.990.680.550.860.830.830.860.850.96
0.250.4-0.750.94-0.380.330.270.670.720.560.730.660.60.820.880.830.840.40.570.780.90.830.780.930.67
0.710.83-0.90.83-0.670.770.360.870.960.840.950.770.860.950.960.920.910.860.141.00.750.860.780.810.77
0.430.56-0.830.99-0.510.490.130.750.770.660.780.720.70.890.920.890.870.580.60.810.970.850.930.810.73
0.670.8-0.940.79-0.80.680.410.970.910.830.921.00.940.90.870.930.950.70.560.770.680.960.670.770.73
Click cells to compare fundamentals

Taskus Account Relationship Matchups

Taskus fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab18.1M30.5M37.4M25.4M17.6M24.5M
Total Current Liabilities46.9M114.8M135.9M109.9M101.8M99.6M
Other Liab61.4M58.8M47.7M39.9M35.9M44.4M
Net Tangible Assets(157.4M)(100.9M)(38.0M)455.6M524.0M550.2M
Retained Earnings(101.9M)(67.4M)(176.1M)(135.7M)(90.0M)(94.5M)
Accounts Payable24.3M38.3M40.9M37.1M25.3M33.2M
Other Assets2.6M3.2M6.5M13.7M1.00.95
Net Receivables59.8M89.5M167.4M182.9M178.8M132.6M
Other Current Assets559K14.1M15.4M24.5M23.9M14.4M
Other Stockholder Equity399.0M398.2M556.4M600.9M539.2M457.3M
Total Current Assets108.1M211.3M246.3M341.4M328.5M240.3M
Property Plant Equipment45.1M57.0M80.0M75.1M86.3M64.1M

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When determining whether Taskus Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taskus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taskus Inc Stock. Highlighted below are key reports to facilitate an investment decision about Taskus Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taskus. If investors know Taskus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taskus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Earnings Share
0.58
Revenue Per Share
10.752
Quarterly Revenue Growth
0.132
Return On Assets
0.0762
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taskus' market value can be influenced by many factors that don't directly affect Taskus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.