WNS Total Liab vs Net Debt Analysis

WNS Stock  USD 50.21  0.02  0.04%   
WNS Holdings financial indicator trend analysis is more than just analyzing WNS Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WNS Holdings is a good investment. Please check the relationship between WNS Holdings Total Liab and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WNS Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy WNS Stock please use our How to Invest in WNS Holdings guide.

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WNS Holdings Total Liab account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WNS Holdings' Total Liab and Net Debt is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of WNS Holdings, assuming nothing else is changed. The correlation between historical values of WNS Holdings' Total Liab and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of WNS Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Liab i.e., WNS Holdings' Total Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from WNS Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WNS Holdings 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WNS Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy WNS Stock please use our How to Invest in WNS Holdings guide.Tax Provision is likely to gain to about 27.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 92.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit374.6M422.7M445.4M467.7M
Total Revenue1.1B1.2B1.3B690.6M

WNS Holdings fundamental ratios Correlations

0.420.230.380.380.530.21-0.310.080.3-0.170.420.310.30.240.170.560.430.220.890.210.510.040.220.270.11
0.420.770.920.910.970.830.650.650.85-0.010.890.860.880.140.70.820.980.70.570.84-0.030.32-0.690.840.59
0.230.770.660.770.670.910.630.950.9-0.030.620.950.59-0.230.550.50.740.930.40.96-0.450.73-0.720.970.9
0.380.920.660.910.870.720.610.620.750.070.860.810.880.140.770.690.910.650.520.780.030.23-0.630.80.5
0.380.910.770.910.820.750.610.740.740.260.710.840.740.070.690.590.920.720.590.79-0.140.37-0.590.840.6
0.530.970.670.870.820.780.540.510.83-0.10.910.790.880.260.640.90.960.60.630.740.060.26-0.610.740.52
0.210.830.910.720.750.780.760.840.940.030.730.920.720.10.480.680.770.770.310.93-0.360.59-0.860.920.84
-0.310.650.630.610.610.540.760.640.640.180.510.650.660.130.510.40.580.48-0.190.7-0.40.26-0.950.660.52
0.080.650.950.620.740.510.840.640.80.070.440.90.46-0.290.50.30.610.910.280.92-0.550.76-0.680.940.9
0.30.850.90.750.740.830.940.640.8-0.180.790.950.760.00.610.710.820.860.430.93-0.370.67-0.770.930.86
-0.17-0.01-0.030.070.26-0.10.030.180.07-0.18-0.11-0.03-0.110.33-0.08-0.180.04-0.16-0.06-0.07-0.02-0.21-0.080.01-0.07
0.420.890.620.860.710.910.730.510.440.79-0.110.750.930.210.640.840.860.560.480.740.120.15-0.650.720.42
0.310.860.950.810.840.790.920.650.90.95-0.030.750.76-0.070.640.580.830.920.450.97-0.350.63-0.750.990.84
0.30.880.590.880.740.880.720.660.460.76-0.110.930.760.30.670.740.840.530.320.730.050.1-0.730.70.38
0.240.14-0.230.140.070.260.10.13-0.290.00.330.21-0.070.3-0.170.340.13-0.410.06-0.180.33-0.4-0.08-0.14-0.21
0.170.70.550.770.690.640.480.510.50.61-0.080.640.640.67-0.170.480.740.610.350.640.00.26-0.520.650.39
0.560.820.50.690.590.90.680.40.30.71-0.180.840.580.740.340.480.790.370.590.570.20.17-0.50.550.4
0.430.980.740.910.920.960.770.580.610.820.040.860.830.840.130.740.790.690.630.78-0.050.34-0.620.80.58
0.220.70.930.650.720.60.770.480.910.86-0.160.560.920.53-0.410.610.370.690.430.91-0.480.78-0.590.930.87
0.890.570.40.520.590.630.31-0.190.280.43-0.060.480.450.320.060.350.590.630.430.360.290.280.130.430.34
0.210.840.960.780.790.740.930.70.920.93-0.070.740.970.73-0.180.640.570.780.910.36-0.340.63-0.80.990.84
0.51-0.03-0.450.03-0.140.06-0.36-0.4-0.55-0.37-0.020.12-0.350.050.330.00.2-0.05-0.480.29-0.34-0.730.41-0.36-0.65
0.040.320.730.230.370.260.590.260.760.67-0.210.150.630.1-0.40.260.170.340.780.280.63-0.73-0.350.650.93
0.22-0.69-0.72-0.63-0.59-0.61-0.86-0.95-0.68-0.77-0.08-0.65-0.75-0.73-0.08-0.52-0.5-0.62-0.590.13-0.80.41-0.35-0.75-0.61
0.270.840.970.80.840.740.920.660.940.930.010.720.990.7-0.140.650.550.80.930.430.99-0.360.65-0.750.86
0.110.590.90.50.60.520.840.520.90.86-0.070.420.840.38-0.210.390.40.580.870.340.84-0.650.93-0.610.86
Click cells to compare fundamentals

WNS Holdings Account Relationship Matchups

WNS Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding52.0M52.1M51.2M50.9M49.6M51.6M
Total Assets1.0B1.1B1.2B1.5B1.4B747.9M
Short Long Term Debt Total212.3M208.7M167.0M372.4M369.3M387.8M
Other Current Liab126.1M124.0M162.2M200.0M168.7M99.1M
Total Current Liabilities205.8M207.5M230.7M303.8M311.3M184.4M
Total Stockholder Equity587.1M684.1M754.0M801.1M765.7M441.5M
Property Plant And Equipment Net216.1M219.0M191.9M237.9M237.4M249.2M
Current Deferred Revenue10.3M12.7M13.7M15.7M12.9M8.8M
Net Debt115.4M103.0M58.8M244.5M281.9M296.0M
Retained Earnings586.3M689.0M818.4M951.6M1.0B1.1B
Accounts Payable29.3M28.0M27.8M25.4M25.0M20.8M
Cash96.9M105.6M108.2M127.9M87.4M71.8M
Non Current Assets Total583.5M596.2M596.4M1.0B881.4M925.5M
Non Currrent Assets Other66.9M69.2M87.4M107.0M59.0M36.3M
Other Assets95.7M95.9M102.2M122.2M1.00.95
Long Term Debt33.4M16.7M0.0137.3M102.5M53.0M
Cash And Short Term Investments222.6M309.3M319.6M229.0M244.0M157.7M
Net Receivables162.5M164.3M207.6M239.5M248.3M128.6M
Good Will121.3M124.0M123.5M353.6M356.4M374.2M
Common Stock Total Equity8.5M8.1M7.9M8.0M9.2M8.1M
Liabilities And Stockholders Equity1.0B1.1B1.2B1.5B1.4B747.9M
Non Current Liabilities Total219.4M214.6M179.8M399.5M335.7M352.5M
Inventory37.9M32.0M35.2M30.8M1.00.95
Other Current Assets5.9M4.2M5.8M4.9M39.1M41.0M
Other Stockholder Equity(7.1M)(12.8M)(74.8M)(164.9M)2.4M2.3M
Total Liab425.2M422.1M410.5M703.3M647.0M679.4M
Property Plant And Equipment Gross216.1M219.0M191.9M237.9M579.0M607.9M
Total Current Assets428.8M509.9M568.1M504.1M531.4M328.0M
Accumulated Other Comprehensive Income(194.4M)(162.0M)2.7M6.8M(254.1M)(241.4M)
Short Term Debt40.1M42.8M27.0M62.8M104.8M110.0M
Intangible Assets70.1M65.1M65.4M179.2M124.4M93.7M
Common Stock7.9M8.0M7.8M7.7M7.3M8.1M
Property Plant Equipment61.0M216.1M219.0M191.9M220.7M231.7M
Other Liab37.8M47.2M48.7M39.8M45.8M26.0M
Short Term Investments125.6M203.7M211.4M101.1M156.5M95.5M
Net Tangible Assets341.4M395.7M495.0M565.1M649.9M366.1M
Long Term Investments80.1M85.9M93.4M75.9M313K297.4K
Short Long Term Debt28.0M16.7M16.7M36.1M76.7M80.5M
Capital Surpluse269.5M187.3M227.7M110.3M99.3M94.3M

Pair Trading with WNS Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WNS Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WNS Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with WNS Stock

  0.83G Genpact LimitedPairCorr
  0.88DMRC DigimarcPairCorr

Moving against WNS Stock

  0.6AUR Aurora InnovationPairCorr
The ability to find closely correlated positions to WNS Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WNS Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WNS Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WNS Holdings to buy it.
The correlation of WNS Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WNS Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WNS Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WNS Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether WNS Holdings is a strong investment it is important to analyze WNS Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WNS Holdings' future performance. For an informed investment choice regarding WNS Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WNS Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy WNS Stock please use our How to Invest in WNS Holdings guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is WNS Holdings' industry 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 WNS Holdings. If investors know WNS 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 WNS Holdings 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
(0.63)
Earnings Share
2.83
Revenue Per Share
28.036
Quarterly Revenue Growth
0.069
Return On Assets
0.0795
The market value of WNS Holdings is measured differently than its book value, which is the value of WNS that is recorded on the company's balance sheet. Investors also form their own opinion of WNS Holdings' value that differs from its market value or its book value, called intrinsic value, which is WNS Holdings' 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 WNS Holdings' market value can be influenced by many factors that don't directly affect WNS Holdings' 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 WNS Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if WNS Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WNS Holdings' 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.