Taskus Non Current Assets Total vs Non Currrent Assets Other Analysis

TASK Stock  USD 11.61  0.19  1.66%   
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 Non Current Assets Total and its Non Currrent Assets Other 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 real.

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taskus Inc Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Taskus' Non Current Assets Total and Non Currrent Assets Other is 0.77. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Taskus Inc, assuming nothing else is changed. The correlation between historical values of Taskus' Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Taskus Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., Taskus' Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 real.
At this time, Taskus' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.31 this year, although Enterprise Value Multiple will most likely fall to 10.53.
 2023 2024 2025 2026 (projected)
Gross Profit385.6M411.3M473.0M320.8M
Total Revenue924.4M995.0M1.1B743.7M

Taskus fundamental ratios Correlations

0.930.980.930.78-0.960.910.980.67-0.480.910.930.80.940.010.930.970.92-0.780.920.20.840.950.950.990.7
0.930.890.930.5-0.970.820.950.88-0.70.890.880.650.90.090.880.940.79-0.780.990.440.730.881.00.940.79
0.980.890.920.81-0.950.90.980.63-0.50.880.880.770.960.070.880.980.89-0.710.870.190.80.980.920.980.67
0.930.930.920.6-0.930.750.910.72-0.610.980.870.60.840.030.870.950.77-0.780.870.340.80.890.950.950.9
0.780.50.810.6-0.630.80.710.10.060.580.690.80.73-0.150.690.70.85-0.50.5-0.290.720.760.550.740.28
-0.96-0.97-0.95-0.93-0.63-0.89-0.99-0.830.67-0.87-0.89-0.71-0.96-0.1-0.89-0.99-0.830.77-0.96-0.33-0.78-0.95-0.98-0.97-0.75
0.910.820.90.750.8-0.890.910.58-0.320.70.920.860.91-0.040.920.870.91-0.750.830.030.840.890.830.880.48
0.980.950.980.910.71-0.990.910.75-0.590.850.880.750.980.10.880.990.87-0.720.940.280.770.960.960.980.7
0.670.880.630.720.1-0.830.580.75-0.90.650.630.430.720.260.630.750.5-0.630.880.630.450.690.840.680.71
-0.48-0.7-0.5-0.610.060.67-0.32-0.59-0.9-0.54-0.35-0.17-0.6-0.53-0.35-0.63-0.230.33-0.67-0.79-0.17-0.59-0.67-0.52-0.67
0.910.890.880.980.58-0.870.70.850.65-0.540.870.590.770.010.870.890.76-0.790.850.340.80.840.930.930.85
0.930.880.880.870.69-0.890.920.880.63-0.350.870.790.82-0.141.00.870.9-0.910.870.110.940.850.90.910.68
0.80.650.770.60.8-0.710.860.750.43-0.170.590.790.770.010.790.70.94-0.710.690.00.720.80.670.720.31
0.940.90.960.840.73-0.960.910.980.72-0.60.770.820.770.220.820.960.84-0.630.890.290.690.970.90.930.62
0.010.090.070.03-0.15-0.1-0.040.10.26-0.530.01-0.140.010.22-0.140.09-0.160.340.110.8-0.410.170.080.010.03
0.930.880.880.870.69-0.890.920.880.63-0.350.871.00.790.82-0.140.870.9-0.910.870.110.940.850.90.910.68
0.970.940.980.950.7-0.990.870.990.75-0.630.890.870.70.960.090.870.84-0.740.910.280.780.970.960.980.77
0.920.790.890.770.85-0.830.910.870.5-0.230.760.90.940.84-0.160.90.84-0.810.81-0.040.850.870.820.880.48
-0.78-0.78-0.71-0.78-0.50.77-0.75-0.72-0.630.33-0.79-0.91-0.71-0.630.34-0.91-0.74-0.81-0.77-0.02-0.93-0.72-0.8-0.76-0.67
0.920.990.870.870.5-0.960.830.940.88-0.670.850.870.690.890.110.870.910.81-0.770.440.70.860.980.920.7
0.20.440.190.34-0.29-0.330.030.280.63-0.790.340.110.00.290.80.110.28-0.04-0.020.44-0.180.250.410.230.42
0.840.730.80.80.72-0.780.840.770.45-0.170.80.940.720.69-0.410.940.780.85-0.930.7-0.180.760.770.820.64
0.950.880.980.890.76-0.950.890.960.69-0.590.840.850.80.970.170.850.970.87-0.720.860.250.760.90.940.68
0.951.00.920.950.55-0.980.830.960.84-0.670.930.90.670.90.080.90.960.82-0.80.980.410.770.90.960.8
0.990.940.980.950.74-0.970.880.980.68-0.520.930.910.720.930.010.910.980.88-0.760.920.230.820.940.960.75
0.70.790.670.90.28-0.750.480.70.71-0.670.850.680.310.620.030.680.770.48-0.670.70.420.640.680.80.75
Click cells to compare fundamentals

Taskus Account Relationship Matchups

Taskus fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets750.0M902.0M864.2M953.3M1.1B844.3M
Short Long Term Debt Total238.4M311.6M311.6M305.2M351.0M267.4M
Other Current Liab37.4M48.7M41.1M54.2M62.3M37.7M
Total Current Liabilities135.9M109.9M101.8M152.0M174.8M109.3M
Total Stockholder Equity379.1M455.6M440.7M496.9M571.5M440.6M
Other Liab61.4M58.8M47.7M39.9M35.9M44.4M
Net Tangible Assets(157.4M)(100.9M)(38.0M)455.6M524.0M550.2M
Property Plant And Equipment Net80.0M116.6M113.2M114.1M131.2M88.0M
Net Debt174.8M177.6M185.8M113.0M130.0M159.6M
Retained Earnings(176.1M)(135.7M)(90.0M)(44.1M)(39.7M)(41.7M)
Accounts Payable40.9M37.1M25.3M53.4M61.4M37.4M
Cash63.6M134.0M125.8M192.2M221.0M232.0M
Non Current Assets Total503.7M560.6M535.7M517.9M595.6M569.9M
Non Currrent Assets Other5.0M7.5M6.5M6.1M7.0M5.1M
Other Assets3.2M6.5M13.7M1.01.151.09
Cash And Short Term Investments63.6M134.0M125.8M192.2M221.0M232.0M
Net Receivables167.4M181.6M178.8M199.9M229.9M144.9M
Common Stock Shares Outstanding97.5M102.6M96.2M92.3M83.1M78.7M
Liabilities And Stockholders Equity750.0M902.0M864.2M953.3M1.1B844.3M
Non Current Liabilities Total234.9M336.5M321.7M304.4M350.0M294.5M
Inventory10.2M13.0M10.9M19.0M1.151.09
Other Current Assets15.4M6.9M23.9M43.3M49.8M52.3M
Other Stockholder Equity556.4M600.9M539.2M565.4M650.2M543.4M
Total Liab370.9M446.4M423.5M456.4M524.8M403.8M
Total Current Assets246.3M341.4M328.5M435.4M500.7M274.4M
Accumulated Other Comprehensive Income(2.2M)(10.6M)(9.6M)(25.4M)(22.9M)(21.7M)
Short Term Debt51.1M14.9M23.9M30.9M35.5M26.7M
Intangible Assets221.4M213.0M193.0M172.5M155.3M180.3M
Common Stock975K993K1.0M1.0M1.2M802.4K
Property Plant Equipment45.1M57.0M80.0M75.1M86.3M64.1M
Current Deferred Revenue4.1M3.5M4.1M3.7M4.3M4.1M
Long Term Debt187.2M264.2M256.2M241.4M277.6M248.0M
Net Invested Capital238.4M267.6M704.9M753.1M866.0M558.9M
Property Plant And Equipment Gross80.0M75.1M240.0M269.5M310.0M325.5M
Short Long Term Debt51.1M3.3M8.1M14.8M13.3M16.8M
Capital Stock975K993K1.0M1.0M1.2M768.0K
Net Working Capital110.4M231.5M226.7M283.3M325.8M185.1M

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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 real.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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
1.429
Earnings Share
0.88
Revenue Per Share
12.748
Quarterly Revenue Growth
0.17
Return On Assets
0.0932
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.