Cyient Minority Interest vs Depreciation And Amortization Analysis

CYIENT Stock   1,890  22.70  1.22%   
Cyient financial indicator trend analysis is way more than just evaluating Cyient Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cyient Limited is a good investment. Please check the relationship between Cyient Minority Interest and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cyient Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Minority Interest vs Depreciation And Amortization

Minority Interest vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cyient Limited Minority Interest account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Cyient's Minority Interest and Depreciation And Amortization is -0.92. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Cyient Limited, assuming nothing else is changed. The correlation between historical values of Cyient's Minority Interest and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Cyient Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., Cyient's Minority Interest and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Cyient Limited whose combined shares represent less than 50% of the total outstanding shares issued by Cyient have a minority interest in Cyient.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Cyient's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cyient Limited 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 Cyient Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of November 28, 2024, Selling General Administrative is expected to decline to about 179.6 M. In addition to that, Tax Provision is expected to decline to about 1.6 B
 2021 2022 2023 2024 (projected)
Interest Expense393M1B1.2B1.2B
Depreciation And Amortization1.9B2.6B2.7B2.8B

Cyient fundamental ratios Correlations

0.920.770.980.990.760.680.560.980.980.350.980.00.530.970.490.440.940.970.9-0.670.970.820.710.450.95
0.920.750.970.860.820.750.650.890.920.30.93-0.140.620.830.250.720.980.920.73-0.70.980.790.860.280.91
0.770.750.730.740.660.30.650.810.690.040.8-0.130.320.650.30.470.790.80.73-0.520.760.510.560.260.77
0.980.970.730.940.780.770.590.940.980.360.960.00.60.930.40.570.970.950.82-0.691.00.840.790.390.94
0.990.860.740.940.750.640.450.980.970.420.950.060.540.960.570.340.890.940.9-0.620.930.820.650.530.91
0.760.820.660.780.750.640.270.780.730.550.72-0.10.740.620.240.650.760.70.5-0.490.780.870.870.440.64
0.680.750.30.770.640.640.210.60.710.560.610.060.750.650.350.60.70.590.38-0.440.750.760.670.440.58
0.560.650.650.590.450.270.210.530.53-0.520.7-0.48-0.150.52-0.080.420.730.690.64-0.550.640.190.37-0.180.77
0.980.890.810.940.980.780.60.530.950.360.96-0.030.510.920.430.390.910.960.9-0.710.940.790.690.390.92
0.980.920.690.980.970.730.710.530.950.380.960.070.560.960.450.450.930.950.86-0.680.970.830.740.430.93
0.350.30.040.360.420.550.56-0.520.360.380.180.460.860.30.430.240.190.180.05-0.10.30.620.470.550.07
0.980.930.80.960.950.720.610.70.960.960.18-0.130.410.940.40.460.970.980.91-0.690.970.730.70.350.99
0.0-0.14-0.130.00.06-0.10.06-0.48-0.030.070.46-0.130.360.070.55-0.11-0.19-0.14-0.130.22-0.070.16-0.090.52-0.19
0.530.620.320.60.540.740.75-0.150.510.560.860.410.360.430.390.670.50.410.14-0.210.570.740.750.550.31
0.970.830.650.930.960.620.650.520.920.960.30.940.070.430.560.30.880.930.92-0.590.920.780.570.490.93
0.490.250.30.40.570.240.35-0.080.430.450.430.40.550.390.56-0.020.290.360.420.070.360.380.060.930.34
0.440.720.470.570.340.650.60.420.390.450.240.46-0.110.670.3-0.020.640.430.1-0.260.60.490.780.140.43
0.940.980.790.970.890.760.70.730.910.930.190.97-0.190.50.880.290.640.950.81-0.680.990.740.790.280.96
0.970.920.80.950.940.70.590.690.960.950.180.98-0.140.410.930.360.430.950.92-0.680.960.730.690.310.96
0.90.730.730.820.90.50.380.640.90.860.050.91-0.130.140.920.420.10.810.92-0.640.820.580.420.280.92
-0.67-0.7-0.52-0.69-0.62-0.49-0.44-0.55-0.71-0.68-0.1-0.690.22-0.21-0.590.07-0.26-0.68-0.68-0.64-0.69-0.49-0.540.13-0.71
0.970.980.761.00.930.780.750.640.940.970.30.97-0.070.570.920.360.60.990.960.82-0.690.810.80.360.95
0.820.790.510.840.820.870.760.190.790.830.620.730.160.740.780.380.490.740.730.58-0.490.810.770.540.67
0.710.860.560.790.650.870.670.370.690.740.470.7-0.090.750.570.060.780.790.690.42-0.540.80.770.220.62
0.450.280.260.390.530.440.44-0.180.390.430.550.350.520.550.490.930.140.280.310.280.130.360.540.220.27
0.950.910.770.940.910.640.580.770.920.930.070.99-0.190.310.930.340.430.960.960.92-0.710.950.670.620.27
Click cells to compare fundamentals

Cyient Account Relationship Matchups

Cyient fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.8B44.9B47.9B65.5B70.0B73.5B
Short Long Term Debt Total6.7B5.8B5.7B12.2B7.9B8.3B
Other Current Liab7.1B1.4B1.7B4.4B6.3B6.6B
Total Current Liabilities11.1B11.1B12.6B20.2B16.6B17.4B
Total Stockholder Equity25.6B29.6B31.2B34.7B42.6B44.7B
Property Plant And Equipment Net7.7B7.3B6.9B7.3B7.7B4.3B
Current Deferred Revenue1.7B2.4B2.6B3.7B1.5B1.9B
Net Debt(2.3B)(8.6B)(6.4B)6.0B3.1B3.2B
Retained Earnings21.8B20.2B22.4B24.8B33.8B35.5B
Accounts Payable3.7B4.5B5.3B7.1B6.9B7.2B
Cash9.0B14.4B12.1B6.2B4.8B6.6B
Non Current Assets Total17.1B16.4B18.9B33.6B34.4B36.2B
Non Currrent Assets Other1.8B1.3B1.5B932M910M1.5B
Cash And Short Term Investments13.9B14.4B13.0B13.4B5.7B7.9B
Net Receivables7.3B10.3B10.3B15.4B17.0B17.8B
Common Stock Shares Outstanding110.0M110.0M109.9M110.1M110.7M119.7M
Short Term Investments4.9B3.1B866M7.2B758M720.1M
Liabilities And Stockholders Equity41.8B44.9B47.9B65.5B70.0B73.5B
Non Current Liabilities Total5.1B4.3B4.1B10.6B7.9B8.3B
Inventory2.3B1.6B2.8B4.4B4.7B4.9B
Other Current Assets1.5B2.2B2.8B4.2B8.3B8.7B
Other Stockholder Equity2.1B2.1B1.3B1.5B(366M)(347.7M)
Total Liab16.2B15.4B16.7B30.8B24.5B25.7B
Total Current Assets24.7B28.5B29.0B31.9B35.6B18.4B
Accumulated Other Comprehensive Income(5.1B)6.7B6.9B7.8B8.6B9.0B
Short Term Debt3.6B3.4B4.0B5.3B2.8B1.7B
Good Will5.4B5.8B6.2B16.4B16.7B17.5B
Intangible Assets1.4B1.4B477M5.1B4.4B4.6B
Other Liab1.9B1.9B2.4B3.7B4.3B4.5B
Net Tangible Assets18.8B22.4B24.5B13.3B15.2B19.4B
Other Assets2.0B1.6B1.7B844M970.6M1.7B
Short Long Term Debt2.9B2.3B3.2B4.4B1.7B2.2B
Property Plant Equipment7.7B7.3B6.9B7.3B8.4B5.4B
Long Term Debt859M453M23M4.9B2.8B2.9B
Long Term Debt Total3.2B2.4B1.8B6.9B7.9B8.3B
Capital Surpluse2.1B2.1B2.3B2.4B2.2B2.3B
Net Invested Capital29.3B32.3B34.4B44.0B47.1B38.1B
Non Current Liabilities Other48M24M166M261M300.2M315.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Cyient Stock

Balance Sheet is a snapshot of the financial position of Cyient Limited at a specified time, usually calculated after every quarter, six months, or one year. Cyient Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cyient and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cyient currently owns. An asset can also be divided into two categories, current and non-current.