Devyani Non Current Assets Total vs Total Stockholder Equity Analysis

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 Non Current Assets Total and its Total 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.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Devyani International Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Devyani International's Non Current Assets Total and Total Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total 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 Non Current Assets Total and Total 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 Non Current Assets Total of Devyani International Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Devyani International's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
 2021 2022 2023 2024 (projected)
Interest Expense1.2B1.5B1.9B1.4B
Depreciation And Amortization2.2B2.8B3.8B2.3B

Devyani International fundamental ratios Correlations

0.870.560.840.830.890.080.870.060.860.861.00.880.230.870.610.920.610.870.850.860.770.870.820.720.97
0.870.710.960.570.98-0.111.0-0.230.870.570.880.970.410.610.510.70.281.00.860.90.731.00.80.860.82
0.560.710.840.130.650.030.72-0.30.460.180.570.630.320.170.080.38-0.130.70.530.470.260.740.340.610.49
0.840.960.840.50.93-0.010.96-0.170.840.560.840.90.30.550.430.70.160.940.810.820.620.960.740.870.79
0.830.570.130.50.690.460.550.380.810.870.810.690.220.960.840.770.780.560.820.780.860.550.860.340.76
0.890.980.650.930.690.080.97-0.10.930.630.90.990.450.70.650.710.390.980.940.940.830.970.880.770.81
0.08-0.110.03-0.010.460.08-0.120.520.220.170.070.040.140.360.590.020.29-0.120.330.150.33-0.10.31-0.36-0.06
0.871.00.720.960.550.97-0.12-0.260.850.550.880.960.420.590.490.690.271.00.850.890.721.00.780.860.81
0.06-0.23-0.3-0.170.38-0.10.52-0.260.130.440.05-0.19-0.520.310.210.270.57-0.230.04-0.14-0.06-0.220.1-0.130.08
0.860.870.460.840.810.930.220.850.130.770.860.910.270.810.750.780.440.850.930.940.860.860.960.740.81
0.860.570.180.560.870.630.170.550.440.770.850.59-0.180.930.590.960.740.560.640.660.620.570.740.590.9
1.00.880.570.840.810.90.070.880.050.860.850.890.240.850.590.910.60.880.850.850.760.880.810.740.97
0.880.970.630.90.690.990.040.96-0.190.910.590.890.540.680.630.670.350.960.940.940.860.960.870.730.79
0.230.410.320.30.220.450.140.42-0.520.27-0.180.240.540.10.33-0.16-0.040.420.540.490.570.40.35-0.050.03
0.870.610.170.550.960.70.360.590.310.810.930.850.680.10.820.860.760.60.760.80.820.590.870.460.84
0.610.510.080.430.840.650.590.490.210.750.590.590.630.330.820.490.60.50.750.780.880.490.870.230.5
0.920.70.380.70.770.710.020.690.270.780.960.910.67-0.160.860.490.630.690.650.690.570.70.710.740.97
0.610.28-0.130.160.780.390.290.270.570.440.740.60.35-0.040.760.60.630.310.440.410.490.280.510.140.58
0.871.00.70.940.560.98-0.121.0-0.230.850.560.880.960.420.60.50.690.310.850.890.731.00.790.850.81
0.850.860.530.810.820.940.330.850.040.930.640.850.940.540.760.750.650.440.850.930.920.850.920.570.73
0.860.90.470.820.780.940.150.89-0.140.940.660.850.940.490.80.780.690.410.890.930.940.880.960.680.78
0.770.730.260.620.860.830.330.72-0.060.860.620.760.860.570.820.880.570.490.730.920.940.710.930.410.66
0.871.00.740.960.550.97-0.11.0-0.220.860.570.880.960.40.590.490.70.281.00.850.880.710.790.860.82
0.820.80.340.740.860.880.310.780.10.960.740.810.870.350.870.870.710.510.790.920.960.930.790.610.75
0.720.860.610.870.340.77-0.360.86-0.130.740.590.740.73-0.050.460.230.740.140.850.570.680.410.860.610.8
0.970.820.490.790.760.81-0.060.810.080.810.90.970.790.030.840.50.970.580.810.730.780.660.820.750.8
Click cells to compare fundamentals

Devyani International Account Relationship Matchups

Devyani International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.0B16.7B22.6B29.9B49.3B51.8B
Short Long Term Debt Total18.2B13.3B12.5B15.6B29.1B15.6B
Other Current Liab4.0B631.2M767.6M1.6B2.1B1.6B
Total Current Liabilities7.8B4.2B4.2B5.4B9.1B5.7B
Total Stockholder Equity(1.8B)1.1B6.9B9.7B10.6B11.1B
Property Plant And Equipment Net16.8B11.3B15.4B21.9B32.0B16.9B
Current Deferred Revenue(66.7M)(1.8B)765.5M1.4B46.3M48.6M
Net Debt18.1B12.9B12.0B15.0B27.4B14.9B
Retained Earnings(8.3B)(8.9B)(7.7B)(5.0B)(4.6B)(4.8B)
Accounts Payable1.6B1.6B2.0B2.4B3.8B2.1B
Cash132.3M399.6M574.5M625.9M1.7B1.8B
Non Current Assets Total20.5B15.0B19.3B26.8B44.5B46.7B
Non Currrent Assets Other1.3B1.2B1.2B1.7B2.2B1.3B
Other Assets1.2B1.3B1.4B2.0B2.7B0.95
Cash And Short Term Investments132.6M399.7M1.4B1.1B1.9B2.0B
Net Receivables184.2M178.8M605.3M493.5M552.4M369.7M
Common Stock Shares Outstanding1.1B1.1B1.2B1.2B1.2B1.3B
Liabilities And Stockholders Equity22.0B16.7B22.6B29.9B49.3B51.8B
Non Current Liabilities Total16.4B11.8B11.6B14.9B26.7B14.5B
Inventory748.0M622.0M854.9M1.3B1.3B868.2M
Other Current Assets394.2M444.8M788.7M656.7M1.1B547.4M
Other Stockholder Equity5.4B8.1B12.5B12.5B12.5B9.1B
Total Liab24.2B16.0B15.8B20.2B35.8B20.2B
Total Current Assets1.5B1.6B3.4B3.1B4.9B2.5B
Accumulated Other Comprehensive Income731.7M732.2M864.5M1.0B1.4B912.0M
Short Term Debt2.1B1.8B1.2B1.0B3.3B1.9B
Intangible Assets1.7B1.9B1.5B1.5B5.7B6.0B
Net Tangible Assets(1.2B)(2.7B)(1.4B)7.5B8.6B9.1B
Short Term Investments360K70K841.5M484.4M235.6M245.5M
Long Term Debt3.4B3.5B1.1B766.6M7.3B7.6B
Capital Lease Obligations14.0B8.7B11.2B14.9B20.0B15.1B
Net Invested Capital2.5B5.7B8.2B10.5B19.7B20.6B
Short Long Term Debt904.6M1.0B251.0M6.9M1.8B1.9B
Net Working Capital(6.3B)(2.6B)(840.7M)(2.3B)(4.3B)(4.5B)

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 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.