Devyani Property Plant And Equipment Net vs Other Current Assets Analysis

DEVYANI Stock   178.46  7.47  4.37%   
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 Property Plant And Equipment Net and its Other Current Assets 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.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Devyani International Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Devyani International's Property Plant And Equipment Net and Other Current Assets is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets 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 Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Devyani International Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Devyani International's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 125.9 M, while Issuance Of Capital Stock is projected to decrease to under 22.5 M.
 2022 2023 2024 2025 (projected)
Interest Expense1.5B1.9B2.2B1.4B
Depreciation And Amortization2.8B3.8B4.4B2.3B

Devyani International fundamental ratios Correlations

0.980.590.850.881.00.090.980.070.980.911.00.880.070.910.690.950.740.980.860.980.80.980.970.780.98
0.980.680.880.790.99-0.051.0-0.070.940.850.990.890.110.840.60.920.661.00.830.950.751.00.910.820.97
0.590.680.820.260.640.030.69-0.260.490.320.610.670.240.30.240.460.160.680.60.520.380.690.430.640.54
0.850.880.820.630.860.010.89-0.070.80.690.860.930.120.670.610.780.560.880.880.810.740.890.760.920.83
0.880.790.260.630.860.410.770.330.920.910.870.750.080.970.850.850.810.780.840.910.870.780.960.540.84
1.00.990.640.860.860.080.990.030.960.881.00.90.130.890.680.920.720.990.870.970.810.990.950.770.97
0.09-0.050.030.010.410.08-0.060.530.160.150.070.050.130.310.510.040.21-0.050.290.130.3-0.040.23-0.24-0.03
0.981.00.690.890.770.99-0.06-0.090.930.830.980.90.130.820.590.90.651.00.830.950.751.00.90.810.96
0.07-0.07-0.26-0.070.330.030.53-0.090.190.350.06-0.1-0.520.270.240.230.43-0.070.090.00.0-0.060.17-0.020.08
0.980.940.490.80.920.960.160.930.190.970.980.82-0.040.960.710.970.780.930.840.970.790.930.990.750.98
0.910.850.320.690.910.880.150.830.350.970.90.7-0.250.950.680.980.820.830.730.890.70.840.950.710.94
1.00.990.610.860.871.00.070.980.060.980.90.890.080.90.680.950.740.980.860.970.80.990.960.790.98
0.880.890.670.930.750.90.050.9-0.10.820.70.890.340.750.740.750.620.890.960.880.90.890.820.830.83
0.070.110.240.120.080.130.130.13-0.52-0.04-0.250.080.34-0.030.18-0.24-0.160.130.330.170.390.10.03-0.16-0.09
0.910.840.30.670.970.890.310.820.270.960.950.90.75-0.030.830.920.820.830.810.940.840.830.990.630.9
0.690.60.240.610.850.680.510.590.240.710.680.680.740.180.830.620.730.60.830.760.910.590.790.510.62
0.950.920.460.780.850.920.040.90.230.970.980.950.75-0.240.920.620.770.910.740.910.680.910.940.80.98
0.740.660.160.560.810.720.210.650.430.780.820.740.62-0.160.820.730.770.670.670.720.670.660.790.590.74
0.981.00.680.880.780.99-0.051.0-0.070.930.830.980.890.130.830.60.910.670.830.950.751.00.90.810.96
0.860.830.60.880.840.870.290.830.090.840.730.860.960.330.810.830.740.670.830.870.940.830.850.730.79
0.980.950.520.810.910.970.130.950.00.970.890.970.880.170.940.760.910.720.950.870.870.940.980.720.95
0.80.750.380.740.870.810.30.750.00.790.70.80.90.390.840.910.680.670.750.940.870.740.850.610.73
0.981.00.690.890.780.99-0.041.0-0.060.930.840.990.890.10.830.590.910.661.00.830.940.740.910.820.97
0.970.910.430.760.960.950.230.90.170.990.950.960.820.030.990.790.940.790.90.850.980.850.910.690.95
0.780.820.640.920.540.77-0.240.81-0.020.750.710.790.83-0.160.630.510.80.590.810.730.720.610.820.690.83
0.980.970.540.830.840.97-0.030.960.080.980.940.980.83-0.090.90.620.980.740.960.790.950.730.970.950.83
Click cells to compare fundamentals

Devyani International Account Relationship Matchups

Devyani International fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.7B22.6B29.9B49.3B56.7B59.6B
Short Long Term Debt Total13.3B12.5B15.6B29.1B33.4B35.1B
Other Current Liab631.2M767.6M1.6B2.1B2.4B1.6B
Total Current Liabilities4.2B4.2B5.4B9.1B10.5B5.7B
Total Stockholder Equity1.1B6.9B9.7B10.6B12.1B12.7B
Property Plant And Equipment Net11.3B15.4B21.9B32.0B36.8B38.7B
Current Deferred Revenue(1.8B)765.5M1.4B46.3M53.2M55.8M
Net Debt12.9B12.0B15.0B27.4B31.5B33.1B
Retained Earnings(8.9B)(7.7B)(5.0B)(4.6B)(5.2B)(5.5B)
Accounts Payable1.6B2.0B2.4B3.8B4.3B4.5B
Cash399.6M574.5M625.9M1.7B1.9B2.0B
Non Current Assets Total15.0B19.3B26.8B44.5B51.1B53.7B
Non Currrent Assets Other1.2B1.2B1.7B2.2B2.5B1.3B
Other Assets1.3B1.4B2.0B2.7B1.151.09
Cash And Short Term Investments399.7M1.4B1.1B1.9B2.2B2.3B
Net Receivables178.8M605.3M493.5M552.4M635.2M369.7M
Common Stock Shares Outstanding1.1B1.2B1.2B1.2B1.4B1.3B
Liabilities And Stockholders Equity16.7B22.6B29.9B49.3B56.7B59.6B
Non Current Liabilities Total11.8B11.6B14.9B26.7B30.7B32.3B
Inventory622.0M854.9M1.3B1.3B1.5B868.2M
Other Current Assets444.8M788.7M656.7M1.1B1.2B1.3B
Other Stockholder Equity8.1B12.5B12.5B12.5B14.4B9.1B
Total Liab16.0B15.8B20.2B35.8B41.2B43.3B
Total Current Assets1.6B3.4B3.1B4.9B5.6B5.9B
Accumulated Other Comprehensive Income732.2M864.5M1.0B1.4B1.6B912.0M
Short Term Debt1.8B1.2B1.0B3.3B3.7B1.9B
Intangible Assets1.9B1.5B1.5B5.7B6.6B6.9B
Common Stock1.2B1.2B1.2B1.2B1.4B1.2B
Net Tangible Assets(1.2B)(2.7B)(1.4B)7.5B8.6B9.1B
Short Term Investments70K841.5M484.4M235.6M270.9M245.5M
Long Term Debt3.5B1.1B766.6M7.3B8.3B8.8B
Capital Lease Obligations8.7B11.2B14.9B20.0B22.9B15.1B
Net Invested Capital5.7B8.2B10.5B19.7B22.6B23.7B
Short Long Term Debt1.0B251.0M6.9M1.8B2.1B2.2B
Capital Stock1.2B1.2B1.2B1.2B1.4B1.3B
Net Working Capital(2.6B)(840.7M)(2.3B)(4.3B)(4.9B)(5.1B)

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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.