Darden Net Income vs Capital Expenditures Analysis
| 0I77 Stock | 170.92 2.06 1.19% |
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 Net Income and its Capital Expenditures 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.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darden Restaurants Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Darden Restaurants' Net Income and Capital Expenditures is 0.96. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures 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' Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Darden Restaurants are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Darden Restaurants' Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Darden Restaurants financial statement analysis. It represents the amount of money remaining after all of Darden Restaurants operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Capital Expenditures
Capital Expenditures are funds used by Darden Restaurants to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Darden Restaurants operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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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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.