Accenture Property Plant Equipment vs Deferred Long Term Liab Analysis

ACN Stock  USD 308.01  0.99  0.32%   
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 Property Plant Equipment and its Deferred Long Term Liab 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.

Property Plant Equipment vs Deferred Long Term Liab

Property Plant Equipment vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accenture plc Property Plant Equipment account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Accenture Plc's Property Plant Equipment and Deferred Long Term Liab is 0.48. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Deferred Long Term Liab 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 Property Plant Equipment and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Accenture plc are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Property Plant Equipment i.e., Accenture Plc's Property Plant Equipment and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 27th 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 Profit19.7B20.7B23.8B25.0B
Total Revenue61.6B64.1B73.7B77.4B

Accenture Plc fundamental ratios Correlations

0.990.990.990.920.970.930.870.06-0.72-0.390.890.990.930.90.680.921.0-0.371.00.990.750.990.320.95-0.42
0.991.00.980.930.980.920.85-0.01-0.74-0.440.910.990.930.870.680.880.99-0.40.980.990.730.990.360.94-0.45
0.991.00.980.940.980.930.86-0.01-0.75-0.450.921.00.930.880.690.891.0-0.410.980.990.740.990.330.95-0.47
0.990.980.980.90.950.90.860.13-0.67-0.30.850.970.930.90.620.920.98-0.311.00.980.710.980.290.93-0.33
0.920.930.940.90.910.890.73-0.04-0.71-0.480.960.930.850.80.610.80.93-0.420.90.890.690.920.280.88-0.49
0.970.980.980.950.910.880.87-0.06-0.77-0.510.890.970.930.810.680.840.97-0.390.960.980.690.990.380.9-0.5
0.930.920.930.90.890.880.8-0.12-0.75-0.50.920.950.820.850.750.860.95-0.610.90.910.830.890.310.96-0.56
0.870.850.860.860.730.870.8-0.03-0.79-0.480.70.880.790.790.760.840.86-0.370.880.860.720.850.470.87-0.54
0.06-0.01-0.010.13-0.04-0.06-0.12-0.030.480.8-0.19-0.010.230.37-0.250.33-0.020.760.140.04-0.010.0-0.370.070.75
-0.72-0.74-0.75-0.67-0.71-0.77-0.75-0.790.480.86-0.74-0.77-0.54-0.49-0.84-0.54-0.760.66-0.68-0.72-0.7-0.75-0.58-0.710.89
-0.39-0.44-0.45-0.3-0.48-0.51-0.5-0.480.80.86-0.58-0.47-0.25-0.11-0.68-0.15-0.460.79-0.32-0.41-0.46-0.44-0.5-0.40.97
0.890.910.920.850.960.890.920.7-0.19-0.74-0.580.920.820.760.670.750.92-0.560.850.860.730.880.290.87-0.58
0.990.991.00.970.930.970.950.88-0.01-0.77-0.470.920.920.90.730.910.99-0.440.980.980.780.970.350.97-0.5
0.930.930.930.930.850.930.820.790.23-0.54-0.250.820.920.90.580.90.91-0.180.940.940.670.910.220.9-0.23
0.90.870.880.90.80.810.850.790.37-0.49-0.110.760.90.90.580.990.87-0.130.920.870.740.830.20.95-0.19
0.680.680.690.620.610.680.750.76-0.25-0.84-0.680.670.730.580.580.620.7-0.640.650.670.930.650.540.74-0.73
0.920.880.890.920.80.840.860.840.33-0.54-0.150.750.910.90.990.620.89-0.160.940.890.750.860.250.96-0.24
1.00.991.00.980.930.970.950.86-0.02-0.76-0.460.920.990.910.870.70.89-0.440.980.990.750.990.340.95-0.48
-0.37-0.4-0.41-0.31-0.42-0.39-0.61-0.370.760.660.79-0.56-0.44-0.18-0.13-0.64-0.16-0.44-0.3-0.36-0.56-0.37-0.32-0.410.79
1.00.980.981.00.90.960.90.880.14-0.68-0.320.850.980.940.920.650.940.98-0.30.990.730.980.310.95-0.35
0.990.990.990.980.890.980.910.860.04-0.72-0.410.860.980.940.870.670.890.99-0.360.990.720.990.310.93-0.42
0.750.730.740.710.690.690.830.72-0.01-0.7-0.460.730.780.670.740.930.750.75-0.560.730.720.690.330.82-0.54
0.990.990.990.980.920.990.890.850.0-0.75-0.440.880.970.910.830.650.860.99-0.370.980.990.690.350.9-0.44
0.320.360.330.290.280.380.310.47-0.37-0.58-0.50.290.350.220.20.540.250.34-0.320.310.310.330.350.35-0.53
0.950.940.950.930.880.90.960.870.07-0.71-0.40.870.970.90.950.740.960.95-0.410.950.930.820.90.35-0.46
-0.42-0.45-0.47-0.33-0.49-0.5-0.56-0.540.750.890.97-0.58-0.5-0.23-0.19-0.73-0.24-0.480.79-0.35-0.42-0.54-0.44-0.53-0.46
Click cells to compare fundamentals

Accenture Plc Account Relationship Matchups

Accenture Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.1B43.2B47.3B51.2B58.9B61.9B
Other Current Liab6.9B8.4B9.8B9.8B11.3B11.9B
Total Current Liabilities12.7B15.7B17.5B18.0B20.7B21.7B
Total Stockholder Equity17.0B19.5B22.1B25.7B29.5B31.0B
Retained Earnings12.4B14.0B18.2B19.3B22.2B23.3B
Accounts Payable1.3B2.3B2.6B2.5B2.9B3.0B
Cash8.4B8.2B7.9B9.0B10.4B10.9B
Other Assets6.6B7.2B7.5B5.7B6.6B6.9B
Long Term Debt54.1M53.5M45.9M43.1M49.6M25.4M
Common Stock Shares Outstanding647.8M645.9M642.8M638.6M574.7M624.8M
Short Term Investments94.3M4.3M4.0M4.6M4.1M3.9M
Other Current Assets1.4B1.8B1.9B2.1B2.4B2.5B
Total Liab19.6B23.1B24.5B24.8B28.5B29.9B
Property Plant Equipment1.5B4.8B4.7B4.2B4.8B5.0B
Short Long Term Debt Total3.5B3.5B3.3B3.1B3.6B3.8B
Other Liab4.2B4.6B4.4B4.4B5.1B3.1B
Property Plant And Equipment Net4.7B4.8B4.7B4.2B4.8B5.0B
Current Deferred Revenue3.6B4.2B4.5B4.9B5.6B5.9B
Net Debt(4.9B)(4.7B)(4.6B)(5.9B)(5.3B)(5.6B)
Non Current Assets Total19.3B23.5B25.7B27.9B32.0B33.6B
Non Currrent Assets Other2.4B3.2B3.5B3.8B4.3B4.6B
Cash And Short Term Investments8.5B8.2B7.9B9.0B10.4B5.4B
Net Receivables7.8B9.7B11.8B12.2B14.1B14.8B
Liabilities And Stockholders Equity37.1B43.2B47.3B51.2B58.9B61.9B
Non Current Liabilities Total6.9B7.4B7.0B6.8B7.8B8.2B
Other Stockholder Equity6.2B7.0B6.1B8.1B9.3B9.8B
Property Plant And Equipment Gross4.7B4.8B4.7B4.2B4.8B5.0B
Total Current Assets17.7B19.7B21.6B23.4B26.9B28.2B
Accumulated Other Comprehensive Income(1.6B)(1.4B)(2.2B)(1.7B)(1.6B)(1.5B)
Short Term Debt763.9M756.2M716.8M795.2M914.5M960.2M
Good Will7.7B11.1B13.1B15.6B17.9B18.8B
Treasury Stock(1.4B)(2.6B)(3.4B)(6.7B)(6.0B)(5.7B)
Intangible Assets1.0B1.7B1.9B2.1B2.4B2.5B
Net Tangible Assets9.3B8.4B9.0B10.1B11.6B6.1B
Noncontrolling Interest In Consolidated Entity418.7M498.6M567.7M641.0M737.1M536.2M
Retained Earnings Total Equity10.4B12.4B14.0B18.2B20.9B22.0B

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

  0.83G Genpact Limited Financial Report 8th of May 2024 PairCorr
  0.78DMRC DigimarcPairCorr

Moving against Accenture Stock

  0.58FIS Fidelity NationalPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Accenture plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accenture Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Accenture Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accenture Plc Stock:
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 Correlations module to find global opportunities by holding instruments from different markets.

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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
11.04
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.