Darden Depreciation vs Free Cash Flow Analysis
| 0I77 Stock | 169.59 2.82 1.69% |
Darden Restaurants financial indicator trend analysis is much more than just examining Darden Restaurants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Darden Restaurants is a good investment. Please check the relationship between Darden Restaurants Depreciation and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Darden Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Darden Stock please use our How to Invest in Darden Restaurants guide.
Depreciation vs Free Cash Flow
Depreciation vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darden Restaurants Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Darden Restaurants' Depreciation and Free Cash Flow is 0.71. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Darden Restaurants, assuming nothing else is changed. The correlation between historical values of Darden Restaurants' Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Darden Restaurants are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Darden Restaurants' Depreciation and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Darden Restaurants value has been used up. For tax purposes Darden Restaurants can deduct the cost of the tangible assets it purchases as business expenses. However, Darden Restaurants must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Darden Restaurants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Darden Restaurants 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Darden Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Darden Stock please use our How to Invest in Darden Restaurants guide.Selling General Administrative is likely to drop to about 376.4 M in 2024. Tax Provision is likely to gain to about (95.6 M) in 2024
| 2014 | 2019 | 2023 | 2024 (projected) | Total Revenue | 8.5B | 11.4B | 13.1B | 7.1B | Depreciation And Amortization | 336.7M | 459.9M | 528.9M | 295.4M |
Darden Restaurants fundamental ratios Correlations
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Darden Restaurants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Darden Stock Analysis
When running Darden Restaurants' price analysis, check to measure Darden Restaurants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Darden Restaurants is operating at the current time. Most of Darden Restaurants' value examination focuses on studying past and present price action to predict the probability of Darden Restaurants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Darden Restaurants' price. Additionally, you may evaluate how the addition of Darden Restaurants to your portfolios can decrease your overall portfolio volatility.