DEVYANI Stock | | | 165.23 0.41 0.25% |
Devyani International financial indicator trend analysis is much more than just examining Devyani International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Devyani International is a good investment. Please check the relationship between Devyani International Current Deferred Revenue and its Other Stockholder Equity accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devyani International 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 nation.
Current Deferred Revenue vs Other Stockholder Equity
Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Devyani International Current Deferred Revenue account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Devyani International's Current Deferred Revenue and Other Stockholder Equity is 0.33. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Devyani International Limited, assuming nothing else is changed. The correlation between historical values of Devyani International's Current Deferred Revenue and Other Stockholder Equity 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 Devyani International Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Devyani International's Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Other Stockholder Equity
Most indicators from Devyani International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Devyani International 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 Devyani International 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 nation.
As of now, Devyani International's
Discontinued Operations is increasing as compared to previous years. The Devyani International's current
Tax Provision is estimated to increase to about 139.9
M, while
Selling General Administrative is projected to decrease to under 285.3
M.
Devyani International fundamental ratios Correlations
Click cells to compare fundamentals
Devyani International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Devyani International fundamental ratios Accounts
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Other Information on Investing in Devyani Stock
Balance Sheet is a snapshot of the
financial position of Devyani International at a specified time, usually calculated after every quarter, six months, or one year. Devyani International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Devyani International 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 Devyani currently owns. An asset can also be divided into two categories, current and non-current.