Cyient Other Operating Expenses vs Reconciled Depreciation Analysis

CYIENT Stock   1,853  3.55  0.19%   
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 Other Operating Expenses and its Reconciled Depreciation 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.

Other Operating Expenses vs Reconciled Depreciation

Other Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cyient Limited Other Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cyient's Other Operating Expenses and Reconciled Depreciation is 0.71. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Reconciled Depreciation 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 Other Operating Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Cyient Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Other Operating Expenses i.e., Cyient's Other Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cyient Limited. It is also known as Cyient overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Reconciled Depreciation

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 December 1, 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
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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

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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.