Dev Net Receivables vs Property Plant Equipment Analysis

DEVIT Stock

161.20 0.28 0.17%

Dev Information financial indicator trend analysis is much more than just examining Dev Information Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dev Information Tech is a good investment. Please check the relationship between Dev Information Net Receivables and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dev Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dev Information Tech Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.

The correlation between Dev Information's Net Receivables and Property Plant Equipment is 0.6. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Dev Information Technology, assuming nothing else is changed. The correlation between historical values of Dev Information's Net Receivables and Property Plant Equipment 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 Receivables of Dev Information Technology are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Dev Information's Net Receivables and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Property Plant Equipment

Most indicators from Dev Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dev Information Tech 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 Dev Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Dev Information's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Issuance Of Capital Stock is likely to grow to about 1.7 M, while Tax Provision is likely to drop about 18.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	7.5M	13.9M	14.2M	12.8M
Depreciation And Amortization	18.2M	12.5M	14.0M	14.0M

Interest Expense Depreciation And Amortization

Dev Information fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets
Total Assets		0.87	0.74	0.82	0.98	0.89	-0.25	0.45	0.87	0.18	0.51	0.95	0.27	0.6	0.94	0.87	0.42	0.41	0.63	0.4	0.88	0.98	0.78	0.64	0.93	0.69
Short Long Term Debt Total	0.87		0.74	0.69	0.86	0.81	-0.45	0.53	0.81	-0.04	0.57	0.83	0.4	0.61	0.77	0.78	0.41	0.34	0.55	0.24	0.75	0.86	0.88	0.62	0.7	0.45
Other Current Liab	0.74	0.74		0.49	0.77	0.72	-0.53	0.66	0.88	-0.23	0.33	0.83	0.54	0.38	0.65	0.71	0.33	0.33	0.25	0.21	0.54	0.66	0.64	0.74	0.63	0.62
Total Current Liabilities	0.82	0.69	0.49		0.7	0.59	-0.18	0.14	0.63	0.63	0.73	0.65	0.12	0.69	0.79	0.67	0.05	0.34	0.61	0.42	0.98	0.88	0.75	0.54	0.75	0.56
Total Stockholder Equity	0.98	0.86	0.77	0.7		0.91	-0.28	0.47	0.88	0.03	0.44	0.97	0.28	0.58	0.91	0.9	0.44	0.42	0.59	0.35	0.77	0.94	0.75	0.6	0.93	0.67
Property Plant And Equipment Net	0.89	0.81	0.72	0.59	0.91		-0.16	0.51	0.81	-0.08	0.36	0.92	0.19	0.46	0.77	0.82	0.59	0.38	0.63	0.38	0.69	0.83	0.6	0.52	0.84	0.64
Current Deferred Revenue	-0.25	-0.45	-0.53	-0.18	-0.28	-0.16		-0.21	-0.36	0.23	-0.27	-0.35	-0.77	-0.37	-0.09	-0.33	0.15	-0.47	0.03	0.11	-0.14	-0.19	-0.5	-0.28	-0.03	0.26
Net Debt	0.45	0.53	0.66	0.14	0.47	0.51	-0.21		0.73	-0.4	-0.2	0.51	0.35	-0.11	0.48	0.38	0.65	0.19	0.0	0.48	0.27	0.39	0.23	0.7	0.27	0.52
Retained Earnings	0.87	0.81	0.88	0.63	0.88	0.81	-0.36	0.73		-0.09	0.39	0.87	0.35	0.52	0.79	0.83	0.44	0.41	0.51	0.43	0.7	0.83	0.68	0.8	0.77	0.74
Accounts Payable	0.18	-0.04	-0.23	0.63	0.03	-0.08	0.23	-0.4	-0.09		0.38	-0.05	-0.37	0.29	0.29	0.05	-0.29	-0.05	0.18	0.3	0.55	0.3	0.19	0.0	0.22	0.09
Cash	0.51	0.57	0.33	0.73	0.44	0.36	-0.27	-0.2	0.39	0.38		0.37	0.03	0.93	0.36	0.57	-0.31	0.2	0.7	-0.07	0.64	0.57	0.81	0.25	0.51	0.23
Non Current Assets Total	0.95	0.83	0.83	0.65	0.97	0.92	-0.35	0.51	0.87	-0.05	0.37		0.43	0.48	0.86	0.82	0.49	0.44	0.52	0.34	0.73	0.88	0.67	0.66	0.89	0.66
Non Currrent Assets Other	0.27	0.4	0.54	0.12	0.28	0.19	-0.77	0.35	0.35	-0.37	0.03	0.43		0.03	0.19	0.09	0.17	0.39	-0.03	-0.09	0.15	0.17	0.25	0.5	0.04	0.01
Cash And Short Term Investments	0.6	0.61	0.38	0.69	0.58	0.46	-0.37	-0.11	0.52	0.29	0.93	0.48	0.03		0.41	0.74	-0.25	0.37	0.75	0.0	0.62	0.65	0.83	0.22	0.59	0.22
Net Receivables	0.94	0.77	0.65	0.79	0.91	0.77	-0.09	0.48	0.79	0.29	0.36	0.86	0.19	0.41		0.73	0.48	0.21	0.46	0.44	0.87	0.95	0.68	0.64	0.88	0.74
Common Stock Shares Outstanding	0.87	0.78	0.71	0.67	0.9	0.82	-0.33	0.38	0.83	0.05	0.57	0.82	0.09	0.74	0.73		0.14	0.51	0.59	0.38	0.68	0.86	0.78	0.41	0.85	0.55
Non Current Liabilities Total	0.42	0.41	0.33	0.05	0.44	0.59	0.15	0.65	0.44	-0.29	-0.31	0.49	0.17	-0.25	0.48	0.14		-0.03	0.21	0.2	0.25	0.37	0.04	0.45	0.3	0.41
Inventory	0.41	0.34	0.33	0.34	0.42	0.38	-0.47	0.19	0.41	-0.05	0.2	0.44	0.39	0.37	0.21	0.51	-0.03		0.35	0.38	0.32	0.38	0.24	0.25	0.32	0.07
Other Current Assets	0.63	0.55	0.25	0.61	0.59	0.63	0.03	0.0	0.51	0.18	0.7	0.52	-0.03	0.75	0.46	0.59	0.21	0.35		0.09	0.64	0.66	0.53	0.29	0.63	0.45
Other Stockholder Equity	0.4	0.24	0.21	0.42	0.35	0.38	0.11	0.48	0.43	0.3	-0.07	0.34	-0.09	0.0	0.44	0.38	0.2	0.38	0.09		0.45	0.42	0.07	0.46	0.4	0.45
Total Liab	0.88	0.75	0.54	0.98	0.77	0.69	-0.14	0.27	0.7	0.55	0.64	0.73	0.15	0.62	0.87	0.68	0.25	0.32	0.64	0.45		0.92	0.74	0.62	0.78	0.62
Total Current Assets	0.98	0.86	0.66	0.88	0.94	0.83	-0.19	0.39	0.83	0.3	0.57	0.88	0.17	0.65	0.95	0.86	0.37	0.38	0.66	0.42	0.92		0.8	0.6	0.91	0.68
Short Term Debt	0.78	0.88	0.64	0.75	0.75	0.6	-0.5	0.23	0.68	0.19	0.81	0.67	0.25	0.83	0.68	0.78	0.04	0.24	0.53	0.07	0.74	0.8		0.47	0.66	0.32
Intangible Assets	0.64	0.62	0.74	0.54	0.6	0.52	-0.28	0.7	0.8	0.0	0.25	0.66	0.5	0.22	0.64	0.41	0.45	0.25	0.29	0.46	0.62	0.6	0.47		0.53	0.67
Common Stock	0.93	0.7	0.63	0.75	0.93	0.84	-0.03	0.27	0.77	0.22	0.51	0.89	0.04	0.59	0.88	0.85	0.3	0.32	0.63	0.4	0.78	0.91	0.66	0.53		0.77
Other Assets	0.69	0.45	0.62	0.56	0.67	0.64	0.26	0.52	0.74	0.09	0.23	0.66	0.01	0.22	0.74	0.55	0.41	0.07	0.45	0.45	0.62	0.68	0.32	0.67	0.77

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Dev Information Account Relationship Matchups

Dev Information fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	580.7M	629.7M	664.8M	677.4M	954.9M	572.6M
Short Long Term Debt Total	108.1M	109.6M	97.7M	72.9M	145.8M	99.8M
Other Current Liab	130.0M	79.3M	58.7M	63.3M	115.3M	121.1M
Total Current Liabilities	223.2M	272.9M	324.4M	222.4M	310.1M	258.9M
Total Stockholder Equity	332.8M	338.8M	327.9M	415.5M	554.5M	278.4M
Property Plant And Equipment Net	84.0M	79.2M	91.8M	95.4M	132.3M	81.2M
Current Deferred Revenue	(91.2M)	(96.7M)	58.8M	45.0M	1.2M	1.2M
Net Debt	70.7M	31.6M	9.4M	48.0M	111.8M	117.4M
Retained Earnings	178.7M	184.1M	117.2M	201.5M	290.2M	304.7M
Accounts Payable	93.2M	97.4M	177.2M	123.5M	102.6M	99.2M
Cash	37.4M	78.0M	88.3M	25.0M	34M	48.6M
Non Current Assets Total	204.0M	191.4M	172.8M	215.9M	304.4M	155.8M
Non Currrent Assets Other	32.9M	44.5M	3.2M	7M	37.2M	19.0M
Cash And Short Term Investments	49.7M	106.1M	88.3M	51.6M	38.4M	59.5M
Net Receivables	266.3M	218.6M	310.8M	350.1M	513.7M	271.0M
Liabilities And Stockholders Equity	580.7M	629.7M	664.8M	677.4M	954.9M	572.6M
Non Current Liabilities Total	22.2M	16.1M	12.6M	39.0M	61.9M	31.9M
Inventory	57.0M	86.1M	46.8M	49.8M	63.4M	56.5M
Other Current Assets	3.8M	51.2M	46.2M	36.6M	40.1M	33.5M
Other Stockholder Equity	47.6M	47.6M	(3.5M)	49.5M	96.9M	101.7M
Total Liab	245.4M	289.0M	337.0M	261.3M	372.0M	290.8M
Total Current Assets	376.8M	438.4M	492.1M	461.5M	650.5M	416.8M
Accumulated Other Comprehensive Income	51.2M	102.9M	52.6M	53.9M	55.1M	72.3M
Short Term Debt	91.2M	96.7M	88.4M	35.5M	90.3M	65.5M
Intangible Assets	21.3M	19.4M	12.3M	13.6M	57.3M	60.2M
Good Will	23.4M	15.2M	7.1M	44.8M	62.8M	65.9M
Short Term Investments	12.3M	28.2M	17.8M	26.7M	4.4M	4.2M
Long Term Debt	11.8M	10.5M	7.9M	36.5M	40.4M	23.6M
Long Term Debt Total	16.9M	13.3M	7.9M	37.4M	43.0M	23.3M
Cash And Equivalents	63.5M	110.7M	88.3M	25.0M	22.5M	21.3M
Property Plant Equipment	84.0M	79.2M	83.1M	84.0M	96.6M	86.6M
Net Invested Capital	440.9M	448.4M	424.6M	487.5M	682.8M	530.8M
Short Long Term Debt	91.2M	96.3M	89.3M	35.5M	87.9M	63.0M
Non Current Liabilities Other	4.3M	2.7M	(1K)	2K	1.8K	1.7K
Net Working Capital	153.5M	165.5M	167.7M	239.1M	340.3M	229.5M

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Balance Sheet is a snapshot of the financial position of Dev Information Tech at a specified time, usually calculated after every quarter, six months, or one year. Dev Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dev Information 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 Dev currently owns. An asset can also be divided into two categories, current and non-current.

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Dev Net Receivables vs Property Plant Equipment Analysis

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Net Receivables

Property Plant Equipment

Dev Information fundamental ratios Correlations

Dev Information Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dev Information fundamental ratios Accounts

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COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Non Current Assets Total	+ 0.95	Total Assets
Total Current Assets	+ 0.95	Net Receivables

Non Currrent Assets Other	- 0.77	Current Deferred Revenue
Current Deferred Revenue	- 0.53	Other Current Liab
Short Term Debt	- 0.5	Current Deferred Revenue
Inventory	- 0.47	Current Deferred Revenue
Current Deferred Revenue	- 0.45	Short Long Term Debt Total
Accounts Payable	- 0.4	Net Debt