Delhivery Good Will vs Cash Analysis

DELHIVERY   345.85  0.50  0.14%   
Delhivery financial indicator trend analysis is much more than just examining Delhivery Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delhivery Limited is a good investment. Please check the relationship between Delhivery Good Will and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delhivery 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 gross domestic product.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delhivery Limited Good Will account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Delhivery's Good Will and Cash is -0.09. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of Delhivery Limited, assuming nothing else is changed. The correlation between historical values of Delhivery's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Delhivery Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., Delhivery's Good Will and Cash go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of Delhivery Limited, which is listed under current asset account on Delhivery Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Delhivery customers. The amounts must be unrestricted with restricted cash listed in a different Delhivery account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Delhivery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delhivery 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delhivery 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 gross domestic product.
The current year's Tax Provision is expected to grow to about 49.7 M, whereas Selling General Administrative is forecasted to decline to about 508 M.
 2021 2022 2023 2024 (projected)
Interest Expense995.3M888.3M885.2M892.4M
Depreciation And Amortization6.1B8.3B7.2B5.4B

Delhivery fundamental ratios Correlations

0.69-0.330.690.990.82-0.260.570.82-0.050.96-0.220.770.130.910.42-0.45-0.210.880.620.950.640.260.88-0.840.01
0.69-0.670.380.690.44-0.40.650.370.140.74-0.50.7-0.350.50.28-0.77-0.710.790.350.570.810.640.63-0.72-0.63
-0.33-0.670.28-0.440.190.35-0.060.18-0.62-0.270.36-0.690.86-0.260.470.890.9-0.690.37-0.36-0.34-0.3-0.40.50.55
0.690.380.280.580.88-0.240.660.93-0.50.8-0.260.130.660.710.820.170.280.330.970.510.70.320.57-0.450.04
0.990.69-0.440.580.74-0.260.50.740.040.92-0.220.840.010.890.28-0.54-0.290.930.490.970.580.210.89-0.860.0
0.820.440.190.880.74-0.090.660.91-0.440.87-0.070.340.570.720.79-0.030.150.510.880.70.540.150.68-0.630.2
-0.26-0.40.35-0.24-0.26-0.09-0.21-0.34-0.13-0.330.96-0.20.12-0.470.150.390.49-0.42-0.1-0.15-0.59-0.03-0.490.360.25
0.570.65-0.060.660.50.66-0.210.62-0.650.67-0.320.250.330.450.6-0.33-0.190.460.670.40.810.260.58-0.62-0.43
0.820.370.180.930.740.91-0.340.62-0.450.86-0.30.320.620.860.640.010.20.530.860.70.640.080.75-0.60.19
-0.050.14-0.62-0.50.04-0.44-0.13-0.65-0.45-0.15-0.050.38-0.79-0.09-0.52-0.36-0.490.18-0.530.06-0.250.26-0.070.02-0.03
0.960.74-0.270.80.920.87-0.330.670.86-0.15-0.340.610.190.890.56-0.37-0.210.80.740.820.780.360.83-0.78-0.13
-0.22-0.50.36-0.26-0.22-0.070.96-0.32-0.3-0.05-0.34-0.160.15-0.40.080.410.52-0.39-0.14-0.07-0.7-0.2-0.40.290.47
0.770.7-0.690.130.840.34-0.20.250.320.380.61-0.16-0.380.58-0.08-0.79-0.530.910.050.870.350.240.72-0.79-0.11
0.13-0.350.860.660.010.570.120.330.62-0.790.190.15-0.380.210.650.670.78-0.270.690.060.07-0.270.10.040.5
0.910.5-0.260.710.890.72-0.470.450.86-0.090.89-0.40.580.210.26-0.29-0.110.790.570.830.640.080.86-0.710.06
0.420.280.470.820.280.790.150.60.64-0.520.560.08-0.080.650.260.310.350.010.930.230.440.430.22-0.220.05
-0.45-0.770.890.17-0.54-0.030.39-0.330.01-0.36-0.370.41-0.790.67-0.290.310.91-0.80.24-0.48-0.42-0.18-0.560.680.49
-0.21-0.710.90.28-0.290.150.49-0.190.2-0.49-0.210.52-0.530.78-0.110.350.91-0.590.32-0.18-0.39-0.25-0.370.50.58
0.880.79-0.690.330.930.51-0.420.460.530.180.8-0.390.91-0.270.790.01-0.8-0.590.220.880.60.180.87-0.88-0.2
0.620.350.370.970.490.88-0.10.670.86-0.530.74-0.140.050.690.570.930.240.320.220.420.630.380.45-0.380.04
0.950.57-0.360.510.970.7-0.150.40.70.060.82-0.070.870.060.830.23-0.48-0.180.880.420.430.120.86-0.830.15
0.640.81-0.340.70.580.54-0.590.810.64-0.250.78-0.70.350.070.640.44-0.42-0.390.60.630.430.530.63-0.59-0.6
0.260.64-0.30.320.210.15-0.030.260.080.260.36-0.20.24-0.270.080.43-0.18-0.250.180.380.120.53-0.01-0.07-0.63
0.880.63-0.40.570.890.68-0.490.580.75-0.070.83-0.40.720.10.860.22-0.56-0.370.870.450.860.63-0.01-0.960.04
-0.84-0.720.5-0.45-0.86-0.630.36-0.62-0.60.02-0.780.29-0.790.04-0.71-0.220.680.5-0.88-0.38-0.83-0.59-0.07-0.960.05
0.01-0.630.550.040.00.20.25-0.430.19-0.03-0.130.47-0.110.50.060.050.490.58-0.20.040.15-0.6-0.630.040.05
Click cells to compare fundamentals

Delhivery Account Relationship Matchups

Delhivery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.6B70.8B82.5B111.9B114.5B82.0B
Short Long Term Debt Total7.5B13.9B11.0B9.2B11.7B8.9B
Other Current Liab1.2B1.6B2.1B2.0B2.0B1.7B
Total Current Liabilities6.8B12.2B15.0B12.8B13.5B12.4B
Total Stockholder Equity31.7B48.5B59.6B91.8B91.4B61.3B
Property Plant And Equipment Net7.4B12.1B13.8B14.8B19.5B13.5B
Current Deferred Revenue1.4B1.6B(4.1B)1.3B674.4M396.6M
Net Debt6.3B6.0B8.7B6.3B7.7B8.0B
Accounts Payable2.7B4.4B8.3B7.9B8.0B6.3B
Cash1.2B7.9B2.3B3.0B4.0B4.1B
Non Current Assets Total17.8B34.8B43.0B42.5B55.0B35.8B
Non Currrent Assets Other401.9M68.3M(37.4B)6.0B1.9B2.0B
Cash And Short Term Investments9.3B26.3B16.9B58.3B39.7B25.3B
Net Receivables8.8B9.6B16.7B16.8B14.9B14.8B
Liabilities And Stockholders Equity43.6B70.8B82.5B111.9B114.5B82.0B
Non Current Liabilities Total5.0B10.1B7.9B7.3B9.6B8.3B
Inventory178.3M259.5M253.1M193.6M164.3M239.3M
Other Current Assets2.6B5.4B4.9B22.2B4.8B4.5B
Other Stockholder Equity74.1B74.3B113.7B153.9B155.6B101.0B
Total Liab11.9B22.3B22.9B20.1B23.1B20.7B
Total Current Assets25.7B35.9B39.5B69.4B59.5B46.2B
Short Term Debt2.7B3.3B4.1B2.7B2.9B3.0B
Intangible Assets161.9M15.9B3.6B1.7B892.3M847.6M
Common Stock9.8M16.3M642.1M728.7M736.8M773.6M
Retained Earnings(44.1B)(48.3B)(58.4B)(68.5B)(70.9B)(74.5B)
Common Stock Shares Outstanding515.0M516.2M595.4M715.2M733.4M696.6M
Short Term Investments8.1B18.4B14.6B55.3B17.8B23.0B
Accumulated Other Comprehensive Income1.4B2.0B3.6B5.6B6.0B3.6B

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 Delhivery Stock

Balance Sheet is a snapshot of the financial position of Delhivery Limited at a specified time, usually calculated after every quarter, six months, or one year. Delhivery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Delhivery 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 Delhivery currently owns. An asset can also be divided into two categories, current and non-current.