Accenture Free Cash Flow vs Invested Capital Analysis
| ACN Stock | USD 313.27 2.13 0.68% |
Accenture Plc financial indicator trend analysis is way more than just evaluating Accenture plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accenture plc is a good investment. Please check the relationship between Accenture Plc Free Cash Flow and its Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accenture plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.
Free Cash Flow vs Invested Capital
Free Cash Flow vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accenture plc Free Cash Flow account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Accenture Plc's Free Cash Flow and Invested Capital is -0.08. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Accenture plc, assuming nothing else is changed. The correlation between historical values of Accenture Plc's Free Cash Flow and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Accenture plc are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow i.e., Accenture Plc's Free Cash Flow and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Accenture plc. There are two different methods for calculating Accenture plc invested capital: operating approach and financing approach. Understanding Accenture Plc invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Accenture Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accenture plc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Accenture plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.As of the 16th of April 2024, Enterprise Value is likely to grow to about 187.4 B, while Selling General Administrative is likely to drop about 2.9 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.7B | 20.7B | 23.8B | 25.0B | Total Revenue | 61.6B | 64.1B | 73.7B | 77.4B |
Accenture Plc fundamental ratios Correlations
Click cells to compare fundamentals
Accenture Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accenture Plc fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 37.1B | 43.2B | 47.3B | 51.2B | 58.9B | 61.9B | |
| Other Current Liab | 6.9B | 8.4B | 9.8B | 9.8B | 11.3B | 11.9B | |
| Total Current Liabilities | 12.7B | 15.7B | 17.5B | 18.0B | 20.7B | 21.7B | |
| Total Stockholder Equity | 17.0B | 19.5B | 22.1B | 25.7B | 29.5B | 31.0B | |
| Retained Earnings | 12.4B | 14.0B | 18.2B | 19.3B | 22.2B | 23.3B | |
| Accounts Payable | 1.3B | 2.3B | 2.6B | 2.5B | 2.9B | 3.0B | |
| Cash | 8.4B | 8.2B | 7.9B | 9.0B | 10.4B | 10.9B | |
| Other Assets | 6.6B | 7.2B | 7.5B | 5.7B | 6.6B | 6.9B | |
| Long Term Debt | 54.1M | 53.5M | 45.9M | 43.1M | 49.6M | 25.4M | |
| Common Stock Shares Outstanding | 647.8M | 645.9M | 642.8M | 638.6M | 574.7M | 624.8M | |
| Short Term Investments | 94.3M | 4.3M | 4.0M | 4.6M | 4.1M | 3.9M | |
| Other Current Assets | 1.4B | 1.8B | 1.9B | 2.1B | 2.4B | 2.5B | |
| Total Liab | 19.6B | 23.1B | 24.5B | 24.8B | 28.5B | 29.9B | |
| Property Plant Equipment | 1.5B | 4.8B | 4.7B | 4.2B | 4.8B | 5.0B | |
| Short Long Term Debt Total | 3.5B | 3.5B | 3.3B | 3.1B | 3.6B | 3.8B | |
| Other Liab | 4.2B | 4.6B | 4.4B | 4.4B | 5.1B | 3.1B | |
| Property Plant And Equipment Net | 4.7B | 4.8B | 4.7B | 4.2B | 4.8B | 5.0B | |
| Current Deferred Revenue | 3.6B | 4.2B | 4.5B | 4.9B | 5.6B | 5.9B | |
| Net Debt | (4.9B) | (4.7B) | (4.6B) | (5.9B) | (5.3B) | (5.6B) | |
| Non Current Assets Total | 19.3B | 23.5B | 25.7B | 27.9B | 32.0B | 33.6B | |
| Non Currrent Assets Other | 2.4B | 3.2B | 3.5B | 3.8B | 4.3B | 4.6B | |
| Cash And Short Term Investments | 8.5B | 8.2B | 7.9B | 9.0B | 10.4B | 5.4B | |
| Net Receivables | 7.8B | 9.7B | 11.8B | 12.2B | 14.1B | 14.8B | |
| Liabilities And Stockholders Equity | 37.1B | 43.2B | 47.3B | 51.2B | 58.9B | 61.9B | |
| Non Current Liabilities Total | 6.9B | 7.4B | 7.0B | 6.8B | 7.8B | 8.2B | |
| Other Stockholder Equity | 6.2B | 7.0B | 6.1B | 8.1B | 9.3B | 9.8B | |
| Property Plant And Equipment Gross | 4.7B | 4.8B | 4.7B | 4.2B | 4.8B | 5.0B | |
| Total Current Assets | 17.7B | 19.7B | 21.6B | 23.4B | 26.9B | 28.2B | |
| Accumulated Other Comprehensive Income | (1.6B) | (1.4B) | (2.2B) | (1.7B) | (1.6B) | (1.5B) | |
| Short Term Debt | 763.9M | 756.2M | 716.8M | 795.2M | 914.5M | 960.2M | |
| Good Will | 7.7B | 11.1B | 13.1B | 15.6B | 17.9B | 18.8B | |
| Treasury Stock | (1.4B) | (2.6B) | (3.4B) | (6.7B) | (6.0B) | (5.7B) | |
| Intangible Assets | 1.0B | 1.7B | 1.9B | 2.1B | 2.4B | 2.5B | |
| Net Tangible Assets | 9.3B | 8.4B | 9.0B | 10.1B | 11.6B | 6.1B | |
| Noncontrolling Interest In Consolidated Entity | 418.7M | 498.6M | 567.7M | 641.0M | 737.1M | 536.2M | |
| Retained Earnings Total Equity | 10.4B | 12.4B | 14.0B | 18.2B | 20.9B | 22.0B |
Accenture Plc Investors Sentiment
The influence of Accenture Plc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Accenture. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Accenture Plc's public news can be used to forecast risks associated with an investment in Accenture. The trend in average sentiment can be used to explain how an investor holding Accenture can time the market purely based on public headlines and social activities around Accenture plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Accenture Plc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Accenture Plc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Accenture Plc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Accenture Plc.
Accenture Plc Implied Volatility | 82.46 |
Accenture Plc's implied volatility exposes the market's sentiment of Accenture plc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Accenture Plc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Accenture Plc stock will not fluctuate a lot when Accenture Plc's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Accenture Plc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Accenture Plc's short interest history, or implied volatility extrapolated from Accenture Plc options trading.
Pair Trading with Accenture Plc
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 Accenture Plc 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 Accenture Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Accenture Stock
| 0.73 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
| 0.64 | DMRC | Digimarc | PairCorr |
Moving against Accenture Stock
| 0.44 | FIS | Fidelity National Financial Report 25th of April 2024 | PairCorr |
The ability to find closely correlated positions to Accenture Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accenture Plc 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 Accenture Plc - 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 Accenture plc to buy it.
The correlation of Accenture Plc 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 Accenture Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accenture plc 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 Accenture Plc 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accenture plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.Note that the Accenture plc information on this page should be used as a complementary analysis to other Accenture Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Accenture Stock analysis
When running Accenture Plc's price analysis, check to measure Accenture Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Accenture Plc is operating at the current time. Most of Accenture Plc's value examination focuses on studying past and present price action to predict the probability of Accenture Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accenture Plc's price. Additionally, you may evaluate how the addition of Accenture Plc to your portfolios can decrease your overall portfolio volatility.
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Is Accenture Plc's 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 Accenture Plc. If investors know Accenture 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 Accenture Plc 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 0.101 | Dividend Share 4.99 | Earnings Share 11.03 | Revenue Per Share 102.561 | Quarterly Revenue Growth (0) |
The market value of Accenture plc is measured differently than its book value, which is the value of Accenture that is recorded on the company's balance sheet. Investors also form their own opinion of Accenture Plc's value that differs from its market value or its book value, called intrinsic value, which is Accenture Plc's 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 Accenture Plc's market value can be influenced by many factors that don't directly affect Accenture Plc's 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 Accenture Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accenture Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accenture Plc's 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.