Sify Payout Ratio vs Interest Coverage Analysis

SIFY Stock  USD 3.37  0.02  0.60%   
Sify Technologies financial indicator trend analysis is much more than just breaking down Sify Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sify Technologies is a good investment. Please check the relationship between Sify Technologies Payout Ratio and its Interest Coverage accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sify Technologies 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 census.

Payout Ratio vs Interest Coverage

Payout Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sify Technologies Payout Ratio account and Interest Coverage. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sify Technologies' Payout Ratio and Interest Coverage is 0.76. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Sify Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sify Technologies' Payout Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Sify Technologies Limited are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Payout Ratio i.e., Sify Technologies' Payout Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Payout Ratio

Payout Ratio is the proportion of Sify Technologies Limited earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Sify Technologies dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Sify Technologies is paying out more in dividends than it makes in net income.

Interest Coverage

Most indicators from Sify Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sify Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sify Technologies 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 census.
At this time, Sify Technologies' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 8.01 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue27.0B33.4B35.6B37.4B
Depreciation And Amortization3.3B4.0B3.6B3.8B

Sify Technologies fundamental ratios Correlations

0.990.350.960.990.980.980.350.970.750.990.880.930.52-0.350.970.960.930.41.00.950.910.460.490.95-0.21
0.990.30.940.970.991.00.420.980.720.990.870.910.44-0.410.990.950.960.330.990.920.890.380.410.93-0.31
0.350.30.550.310.250.220.090.210.810.240.030.550.630.420.180.330.350.370.370.550.390.570.660.470.26
0.960.940.550.940.910.910.290.90.830.910.790.920.69-0.160.880.940.880.470.971.00.940.580.630.97-0.04
0.990.970.310.940.980.960.260.960.720.980.890.930.49-0.340.960.950.890.440.980.930.870.490.490.92-0.19
0.980.990.250.910.980.990.40.980.691.00.860.920.37-0.450.990.940.930.320.980.890.840.370.370.9-0.35
0.981.00.220.910.960.990.430.990.650.990.890.870.41-0.451.00.940.950.30.980.890.890.330.360.92-0.34
0.350.420.090.290.260.40.430.380.270.380.230.36-0.1-0.730.450.390.48-0.660.380.260.25-0.31-0.310.41-0.35
0.970.980.210.90.960.980.990.380.650.990.910.870.42-0.410.990.920.920.360.980.890.860.330.360.91-0.29
0.750.720.810.830.720.690.650.270.650.680.470.870.650.040.640.70.720.420.750.820.660.650.720.760.0
0.990.990.240.910.981.00.990.380.990.680.890.910.39-0.440.990.940.940.340.980.90.850.370.380.9-0.32
0.880.870.030.790.890.860.890.230.910.470.890.720.43-0.410.890.860.790.360.870.810.790.340.350.83-0.08
0.930.910.550.920.930.920.870.360.870.870.910.720.46-0.30.880.90.860.350.930.910.760.50.50.88-0.15
0.520.440.630.690.490.370.41-0.10.420.650.390.430.460.360.350.510.360.590.530.730.70.750.890.650.49
-0.35-0.410.42-0.16-0.34-0.45-0.45-0.73-0.410.04-0.44-0.41-0.30.36-0.49-0.43-0.350.6-0.34-0.15-0.140.430.51-0.290.36
0.970.990.180.880.960.991.00.450.990.640.990.890.880.35-0.490.930.950.270.970.870.840.310.310.89-0.37
0.960.950.330.940.950.940.940.390.920.70.940.860.90.51-0.430.930.880.30.960.940.90.410.430.95-0.13
0.930.960.350.880.890.930.950.480.920.720.940.790.860.36-0.350.950.880.280.940.850.850.320.360.88-0.44
0.40.330.370.470.440.320.3-0.660.360.420.340.360.350.590.60.270.30.280.380.480.460.630.750.340.16
1.00.990.370.970.980.980.980.380.980.750.980.870.930.53-0.340.970.960.940.380.960.920.450.480.96-0.22
0.950.920.551.00.930.890.890.260.890.820.90.810.910.73-0.150.870.940.850.480.960.940.60.650.970.02
0.910.890.390.940.870.840.890.250.860.660.850.790.760.7-0.140.840.90.850.460.920.940.510.580.94-0.09
0.460.380.570.580.490.370.33-0.310.330.650.370.340.50.750.430.310.410.320.630.450.60.510.920.460.29
0.490.410.660.630.490.370.36-0.310.360.720.380.350.50.890.510.310.430.360.750.480.650.580.920.520.33
0.950.930.470.970.920.90.920.410.910.760.90.830.880.65-0.290.890.950.880.340.960.970.940.460.52-0.05
-0.21-0.310.26-0.04-0.19-0.35-0.34-0.35-0.290.0-0.32-0.08-0.150.490.36-0.37-0.13-0.440.16-0.220.02-0.090.290.33-0.05
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Sify Technologies Account Relationship Matchups

Sify Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.3B36.7B47.1B57.4B71.0B74.5B
Short Long Term Debt Total11.2B11.7B17.5B22.9B27.6B29.0B
Other Current Liab4.8B10.7B8.2B5.6B1.9B2.4B
Total Current Liabilities16.5B16.9B21.1B22.1B23.4B24.6B
Total Stockholder Equity11.4B13.2B14.5B17.1B24.0B25.2B
Property Plant And Equipment Net15.7B17.0B21.1B28.0B39.5B41.4B
Net Debt8.8B6.6B13.7B19.3B23.5B24.7B
Retained Earnings(10.3B)(8.7B)(7.5B)(6.8B)(6.7B)(7.1B)
Accounts Payable3.9B3.6B5.0B9.2B10.3B10.9B
Cash2.3B5.1B3.8B3.7B4.1B2.3B
Non Current Assets Total17.6B19.5B25.1B35.1B46.8B49.1B
Non Currrent Assets Other955.5M876.4M2.2B4.6B5.5B5.7B
Cash And Short Term Investments2.3B5.1B3.8B3.7B5.4B5.7B
Net Receivables12.1B8.5B10.8B11.4B10.2B5.3B
Common Stock Shares Outstanding180.6M181.2M182.7M182.8M30.9M29.3M
Liabilities And Stockholders Equity34.3B36.7B47.1B57.4B71.0B74.5B
Non Current Liabilities Total6.4B6.6B11.5B18.2B23.5B24.7B
Inventory1.3B1.4B2.4B1.9B3.4B3.6B
Other Current Assets934.2M2.2B5.0B5.3B5.2B5.5B
Other Stockholder Equity19.7B19.6B19.7B22.1B19.7B18.6B
Total Liab22.9B23.5B32.6B40.3B47.0B49.3B
Total Current Assets16.6B17.2B22.0B22.3B24.2B25.4B
Short Term Debt6.0B2.6B8.0B7.2B7.3B7.7B
Intangible Assets665.1M680.0M634.5M622.7M641.9M450.1M
Common Stock1.8B1.8B1.8B1.8B1.8B1.0B
Other Liab1.4B1.2B1.2B2.0B2.3B2.4B
Other Assets3.4B1.1B1.5B202K232.3K220.7K
Long Term Debt3.7B3.6B7.8B13.8B17.6B18.5B
Common Stock Total Equity1.5B1.8B1.8B1.8B2.1B2.2B
Property Plant And Equipment Gross15.7B17.0B37.7B47.5B62.5B65.6B
Accumulated Other Comprehensive Income93.6M90.4M77.3M2.4B9.2B9.7B
Property Plant Equipment8.6B15.7B17.0B21.1B24.3B25.5B
Current Deferred Revenue1.9B1.8B2.8B3.2B3.9B4.1B
Net Tangible Assets10.2B10.7B12.5B13.8B15.9B9.4B
Long Term Investments212.0M212.2M476.1M1.0B1.2B1.3B
Short Long Term Debt5.6B5.9B7.5B6.7B6.9B4.8B
Capital Lease Obligations1.8B2.2B2.2B2.5B3.0B3.2B

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