Darden Other Current Liab vs Current Deferred Revenue Analysis

0I77 Stock   176.27  0.14  0.08%   
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 Other Current Liab and its Current Deferred Revenue 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.

Other Current Liab vs Current Deferred Revenue

Other Current Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darden Restaurants Other Current Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Darden Restaurants' Other Current Liab and Current Deferred Revenue is 0.6. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Current Deferred Revenue 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' Other Current Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Darden Restaurants are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Current Liab i.e., Darden Restaurants' Other Current Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Revenue8.5B11.4B13.1B7.1B
Depreciation And Amortization336.7M459.9M528.9M295.4M

Darden Restaurants fundamental ratios Correlations

0.940.710.770.330.980.93-0.610.64-0.220.990.45-0.220.25-0.620.990.88-0.11-0.331.0-0.070.710.690.810.91-0.58
0.940.570.770.150.961.0-0.690.54-0.460.930.26-0.460.1-0.450.970.850.02-0.20.97-0.020.880.580.760.75-0.4
0.710.570.360.290.590.56-0.020.18-0.110.630.77-0.110.35-0.620.640.370.32-0.70.670.390.290.290.220.6-0.65
0.770.770.360.680.710.75-0.330.87-0.060.75-0.15-0.060.62-0.770.740.93-0.01-0.110.760.110.80.850.790.73-0.02
0.330.150.290.680.160.110.310.770.580.3-0.110.580.97-0.920.210.53-0.06-0.180.260.220.130.760.420.530.1
0.980.960.590.710.160.95-0.770.59-0.310.990.41-0.310.06-0.450.990.87-0.19-0.210.99-0.210.740.620.840.86-0.58
0.931.00.560.750.110.95-0.690.5-0.520.910.24-0.520.06-0.40.960.830.06-0.210.950.010.90.530.720.71-0.39
-0.61-0.69-0.02-0.330.31-0.77-0.69-0.350.36-0.7-0.160.360.47-0.12-0.7-0.60.52-0.26-0.670.66-0.53-0.34-0.73-0.530.39
0.640.540.180.870.770.590.5-0.350.380.68-0.120.380.64-0.770.590.89-0.450.140.61-0.270.460.980.880.81-0.03
-0.22-0.46-0.11-0.060.58-0.31-0.520.360.38-0.160.051.00.51-0.41-0.33-0.05-0.560.23-0.29-0.33-0.630.40.080.210.1
0.990.930.630.750.30.990.91-0.70.68-0.160.44-0.160.19-0.580.980.9-0.24-0.230.99-0.210.680.720.870.93-0.58
0.450.260.77-0.15-0.110.410.24-0.16-0.120.050.440.05-0.12-0.20.410.03-0.08-0.520.42-0.08-0.180.00.080.46-0.87
-0.22-0.46-0.11-0.060.58-0.31-0.520.360.381.0-0.160.050.51-0.41-0.33-0.05-0.560.23-0.29-0.33-0.630.40.080.210.1
0.250.10.350.620.970.060.060.470.640.510.19-0.120.51-0.90.130.410.15-0.250.170.420.120.640.250.40.17
-0.62-0.45-0.62-0.77-0.92-0.45-0.4-0.12-0.77-0.41-0.58-0.2-0.41-0.9-0.51-0.670.00.32-0.55-0.24-0.31-0.82-0.53-0.740.16
0.990.970.640.740.210.990.96-0.70.59-0.330.980.41-0.330.13-0.510.87-0.1-0.271.0-0.110.770.630.810.86-0.56
0.880.850.370.930.530.870.83-0.60.89-0.050.90.03-0.050.41-0.670.87-0.27-0.050.88-0.190.760.870.950.87-0.25
-0.110.020.32-0.01-0.06-0.190.060.52-0.45-0.56-0.24-0.08-0.560.150.0-0.1-0.27-0.56-0.10.960.25-0.44-0.55-0.420.16
-0.33-0.2-0.7-0.11-0.18-0.21-0.21-0.260.140.23-0.23-0.520.23-0.250.32-0.27-0.05-0.56-0.3-0.61-0.080.150.11-0.170.64
1.00.970.670.760.260.990.95-0.670.61-0.290.990.42-0.290.17-0.551.00.88-0.1-0.3-0.090.750.650.810.88-0.57
-0.07-0.020.390.110.22-0.210.010.66-0.27-0.33-0.21-0.08-0.330.42-0.24-0.11-0.190.96-0.61-0.090.19-0.26-0.48-0.30.17
0.710.880.290.80.130.740.9-0.530.46-0.630.68-0.18-0.630.12-0.310.770.760.25-0.080.750.190.440.590.44-0.01
0.690.580.290.850.760.620.53-0.340.980.40.720.00.40.64-0.820.630.87-0.440.150.65-0.260.440.860.86-0.06
0.810.760.220.790.420.840.72-0.730.880.080.870.080.080.25-0.530.810.95-0.550.110.81-0.480.590.860.89-0.31
0.910.750.60.730.530.860.71-0.530.810.210.930.460.210.4-0.740.860.87-0.42-0.170.88-0.30.440.860.89-0.54
-0.58-0.4-0.65-0.020.1-0.58-0.390.39-0.030.1-0.58-0.870.10.170.16-0.56-0.250.160.64-0.570.17-0.01-0.06-0.31-0.54
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Darden Restaurants Account Relationship Matchups

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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.