Delhivery Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

DELHIVERY   347.10  10.45  3.10%   
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 Non Currrent Assets Other and its Property Plant And Equipment Net 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delhivery Limited Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Delhivery's Non Currrent Assets Other and Property Plant And Equipment Net is -0.07. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net 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 Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Delhivery Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Delhivery's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Expense995.3M888.3M877.5M891.0M
Depreciation And Amortization6.1B8.3B7.2B5.4B

Delhivery fundamental ratios Correlations

0.69-0.330.690.990.82-0.260.590.82-0.090.96-0.220.770.130.910.42-0.45-0.210.880.620.950.640.260.88-0.840.01
0.69-0.670.380.690.44-0.40.660.370.110.74-0.50.7-0.350.50.28-0.77-0.710.790.350.570.810.640.63-0.72-0.63
-0.33-0.670.28-0.440.190.35-0.080.18-0.6-0.270.36-0.690.86-0.260.470.890.9-0.690.37-0.36-0.34-0.3-0.40.50.55
0.690.380.280.580.88-0.240.660.93-0.510.8-0.260.130.660.710.820.170.280.330.970.510.70.320.57-0.450.04
0.990.69-0.440.580.74-0.260.520.740.010.92-0.220.840.010.890.28-0.54-0.290.930.490.970.580.210.89-0.860.0
0.820.440.190.880.74-0.090.680.91-0.480.87-0.070.340.570.720.79-0.030.150.510.880.70.540.150.68-0.630.2
-0.26-0.40.35-0.24-0.26-0.09-0.21-0.34-0.12-0.330.96-0.20.12-0.470.150.390.49-0.42-0.1-0.15-0.59-0.03-0.490.360.25
0.590.66-0.080.660.520.68-0.210.63-0.650.69-0.310.270.320.460.6-0.35-0.220.490.670.420.80.240.61-0.65-0.4
0.820.370.180.930.740.91-0.340.63-0.470.86-0.30.320.620.860.640.010.20.530.860.70.640.080.75-0.60.19
-0.090.11-0.6-0.510.01-0.48-0.12-0.65-0.47-0.19-0.050.35-0.79-0.11-0.53-0.33-0.460.15-0.540.02-0.260.26-0.10.05-0.04
0.960.74-0.270.80.920.87-0.330.690.86-0.19-0.340.610.190.890.56-0.37-0.210.80.740.820.780.360.83-0.78-0.13
-0.22-0.50.36-0.26-0.22-0.070.96-0.31-0.3-0.05-0.34-0.160.15-0.40.080.410.52-0.39-0.14-0.07-0.7-0.2-0.40.290.47
0.770.7-0.690.130.840.34-0.20.270.320.350.61-0.16-0.380.58-0.08-0.79-0.530.910.050.870.350.240.72-0.79-0.11
0.13-0.350.860.660.010.570.120.320.62-0.790.190.15-0.380.210.650.670.78-0.270.690.060.07-0.270.10.040.5
0.910.5-0.260.710.890.72-0.470.460.86-0.110.89-0.40.580.210.26-0.29-0.110.790.570.830.640.080.86-0.710.06
0.420.280.470.820.280.790.150.60.64-0.530.560.08-0.080.650.260.310.350.010.930.230.440.430.22-0.220.05
-0.45-0.770.890.17-0.54-0.030.39-0.350.01-0.33-0.370.41-0.790.67-0.290.310.91-0.80.24-0.48-0.42-0.18-0.560.680.49
-0.21-0.710.90.28-0.290.150.49-0.220.2-0.46-0.210.52-0.530.78-0.110.350.91-0.590.32-0.18-0.39-0.25-0.370.50.58
0.880.79-0.690.330.930.51-0.420.490.530.150.8-0.390.91-0.270.790.01-0.8-0.590.220.880.60.180.87-0.88-0.2
0.620.350.370.970.490.88-0.10.670.86-0.540.74-0.140.050.690.570.930.240.320.220.420.630.380.45-0.380.04
0.950.57-0.360.510.970.7-0.150.420.70.020.82-0.070.870.060.830.23-0.48-0.180.880.420.430.120.86-0.830.15
0.640.81-0.340.70.580.54-0.590.80.64-0.260.78-0.70.350.070.640.44-0.42-0.390.60.630.430.530.63-0.59-0.6
0.260.64-0.30.320.210.15-0.030.240.080.260.36-0.20.24-0.270.080.43-0.18-0.250.180.380.120.53-0.01-0.07-0.63
0.880.63-0.40.570.890.68-0.490.610.75-0.10.83-0.40.720.10.860.22-0.56-0.370.870.450.860.63-0.01-0.960.04
-0.84-0.720.5-0.45-0.86-0.630.36-0.65-0.60.05-0.780.29-0.790.04-0.71-0.220.680.5-0.88-0.38-0.83-0.59-0.07-0.960.05
0.01-0.630.550.040.00.20.25-0.40.19-0.04-0.130.47-0.110.50.060.050.490.58-0.20.040.15-0.6-0.630.040.05
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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 Debt6.3B6.0B8.7B6.3B8.7B9.1B
Accounts Payable2.7B4.4B8.3B7.9B8.0B6.3B
Cash1.2B7.9B2.3B3.0B3.0B4.0B
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 Investments8.1B18.4B14.6B55.3B36.6B26.5B
Accumulated Other Comprehensive Income1.4B2.0B3.6B5.6B6.0B3.6B

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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.