Endava Current Deferred Revenue vs Property Plant Equipment Analysis

DAVA Stock  USD 28.48  1.74  6.51%   
Endava financial indicator trend analysis is much more than just examining Endava latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endava is a good investment. Please check the relationship between Endava Current Deferred Revenue and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. 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.
For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endava Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Endava's Current Deferred Revenue and Property Plant Equipment is 0.7. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Endava, assuming nothing else is changed. The correlation between historical values of Endava's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Endava are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Endava's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant Equipment

Most indicators from Endava's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endava 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. 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.
For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.The current year's Selling General Administrative is expected to grow to about 167.5 M, whereas Tax Provision is forecasted to decline to about 9.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit217.9M264.1M179.7M124.6M
Total Revenue654.8M794.7M740.8M396.1M

Endava fundamental ratios Correlations

0.910.870.990.950.980.990.090.650.98-0.190.990.950.59-0.030.580.770.980.93-0.360.81-0.510.310.97-0.440.97
0.910.860.910.920.870.91-0.230.670.89-0.120.910.830.520.230.470.620.870.79-0.290.82-0.440.350.85-0.360.89
0.870.860.880.880.840.880.10.720.88-0.120.890.740.74-0.050.610.540.820.69-0.230.91-0.640.450.83-0.430.88
0.990.910.880.940.991.00.090.710.99-0.21.00.930.6-0.030.610.770.950.9-0.390.86-0.520.30.94-0.430.97
0.950.920.880.940.880.940.010.580.93-0.190.960.90.580.090.50.650.940.85-0.280.77-0.530.390.95-0.420.93
0.980.870.840.990.880.990.120.750.97-0.220.970.90.55-0.10.620.80.930.89-0.460.87-0.460.210.9-0.370.95
0.990.910.881.00.940.990.090.720.99-0.21.00.920.6-0.040.610.760.950.89-0.40.87-0.520.290.94-0.430.97
0.09-0.230.10.090.010.120.090.190.16-0.160.120.020.45-0.660.420.090.08-0.02-0.030.12-0.510.060.15-0.440.12
0.650.670.720.710.580.750.720.190.72-0.190.690.40.53-0.250.580.410.490.38-0.430.94-0.480.140.48-0.280.72
0.980.890.880.990.930.970.990.160.72-0.220.990.90.65-0.10.640.710.940.85-0.420.87-0.560.280.95-0.460.98
-0.19-0.12-0.12-0.2-0.19-0.22-0.2-0.16-0.19-0.22-0.18-0.150.150.09-0.15-0.19-0.16-0.140.75-0.19-0.310.62-0.15-0.28-0.2
0.990.910.891.00.960.971.00.120.690.99-0.180.930.63-0.030.620.750.960.89-0.350.85-0.560.340.96-0.470.97
0.950.830.740.930.90.90.920.020.40.9-0.150.930.470.080.470.820.980.99-0.290.62-0.40.280.96-0.40.88
0.590.520.740.60.580.550.60.450.530.650.150.630.47-0.190.690.340.550.390.210.65-0.940.70.62-0.860.61
-0.030.23-0.05-0.030.09-0.1-0.04-0.66-0.25-0.10.09-0.030.08-0.190.10.23-0.010.090.17-0.140.18-0.02-0.010.11-0.19
0.580.470.610.610.50.620.610.420.580.64-0.150.620.470.690.10.690.480.43-0.240.66-0.610.110.56-0.470.5
0.770.620.540.770.650.80.760.090.410.71-0.190.750.820.340.230.690.740.85-0.350.54-0.26-0.010.73-0.240.62
0.980.870.820.950.940.930.950.080.490.94-0.160.960.980.55-0.010.480.740.95-0.30.7-0.480.340.99-0.450.94
0.930.790.690.90.850.890.89-0.020.380.85-0.140.890.990.390.090.430.850.95-0.290.59-0.320.250.92-0.330.84
-0.36-0.29-0.23-0.39-0.28-0.46-0.4-0.03-0.43-0.420.75-0.35-0.290.210.17-0.24-0.35-0.3-0.29-0.41-0.360.72-0.27-0.45-0.4
0.810.820.910.860.770.870.870.120.940.87-0.190.850.620.65-0.140.660.540.70.59-0.41-0.550.260.7-0.330.86
-0.51-0.44-0.64-0.52-0.53-0.46-0.52-0.51-0.48-0.56-0.31-0.56-0.4-0.940.18-0.61-0.26-0.48-0.32-0.36-0.55-0.78-0.560.89-0.53
0.310.350.450.30.390.210.290.060.140.280.620.340.280.7-0.020.11-0.010.340.250.720.26-0.780.37-0.770.33
0.970.850.830.940.950.90.940.150.480.95-0.150.960.960.62-0.010.560.730.990.92-0.270.7-0.560.37-0.510.93
-0.44-0.36-0.43-0.43-0.42-0.37-0.43-0.44-0.28-0.46-0.28-0.47-0.4-0.860.11-0.47-0.24-0.45-0.33-0.45-0.330.89-0.77-0.51-0.43
0.970.890.880.970.930.950.970.120.720.98-0.20.970.880.61-0.190.50.620.940.84-0.40.86-0.530.330.93-0.43
Click cells to compare fundamentals

Endava Account Relationship Matchups

Endava fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets360.9M473.2M621.9M770.1M1.0B1.1B
Other Current Liab3.5M74.1M100.4M88.8M95.3M100.1M
Total Current Liabilities76.4M102.8M128.4M120.6M153.9M87.8M
Total Stockholder Equity236.3M300.7M432.7M571.3M639.5M671.4M
Other Liab6.0M19.6M16.7M23.8M27.4M28.7M
Net Tangible Assets140.7M106.7M230.6M264.3M303.9M319.1M
Retained Earnings214.6M283.1M398.1M522.9M573.6M602.3M
Accounts Payable58.6M7.0M8.2M5.5M11.0M19.0M
Cash101.3M69.9M162.8M164.7M62.4M73.0M
Other Assets14.0M19.0M19.5M25.4M29.2M30.7M
Net Receivables85.5M113.1M132.0M172.3M193.6M203.3M
Good Will56.9M124.4M145.9M240.8M515.7M541.5M
Short Term Investments584K563K392K56K183K177.8K
Other Current Assets2.9M6.2M8.9M11.1M11.5M6.8M
Other Stockholder Equity(1.1M)(4.1M)9.0M14.6M21.3M22.3M
Total Liab124.6M172.5M189.1M198.8M374.4M393.2M
Long Term Investments639K363K2.3M5.2M10.5M11.0M
Total Current Assets187.4M189.7M328.2M346.7M267.6M175.0M
Accumulated Other Comprehensive Income21.7M16.4M24.5M32.6M43.4M45.6M
Short Term Debt11.1M13.5M11.9M14.6M14.5M13.1M
Intangible Assets38.8M69.6M56.2M66.2M127.8M134.2M
Common Stock1.1M1.1M1.1M1.2M1.2M926.2K
Property Plant Equipment63.9M70.5M72.1M91.0M104.7M109.9M
Non Current Assets Total173.5M283.5M293.7M423.5M746.3M783.6M
Cash And Short Term Investments101.9M70.4M163.2M164.8M62.5M75.3M
Liabilities And Stockholders Equity360.9M473.2M621.9M770.1M1.0B1.1B
Non Current Liabilities Total48.2M69.7M60.7M78.2M220.6M231.6M
Capital Lease Obligations53.4M63.7M55.9M69.0M58.0M33.0M
Property Plant And Equipment Gross63.9M70.5M72.1M91.0M103.3M108.5M
Non Current Liabilities Other136K205K4.8M4.3M509K483.6K
Short Long Term Debt Total53.4M63.7M55.9M69.0M202.8M212.9M
Property Plant And Equipment Net63.9M70.5M72.1M91.0M73.9M49.2M
Current Deferred Revenue3.2M3.9M4.4M7.2M6.1M4.3M

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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.
When determining whether Endava offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Endava'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 Endava Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endava Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. 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.
For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is IT Consulting & Other 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 Endava. If investors know Endava 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 Endava 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
(0.46)
Earnings Share
0.15
Revenue Per Share
12.702
Quarterly Revenue Growth
0.024
Return On Equity
0.0283
The market value of Endava is measured differently than its book value, which is the value of Endava that is recorded on the company's balance sheet. Investors also form their own opinion of Endava's value that differs from its market value or its book value, called intrinsic value, which is Endava'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 Endava's market value can be influenced by many factors that don't directly affect Endava'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 Endava's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endava is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endava'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.