Darden Total Current Assets vs Intangible Assets Analysis
DRI Stock | USD 176.27 1.29 0.74% |
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 Total Current Assets and its Intangible Assets accounts. Check out Investing Opportunities 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 metropolitan statistical area. For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.
Total Current Assets vs Intangible Assets
Total Current Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darden Restaurants Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Darden Restaurants' Total Current Assets and Intangible Assets is 0.08. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets 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' Total Current Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Darden Restaurants are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Darden Restaurants' Total Current Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Investing Opportunities 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 metropolitan statistical area. For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.As of now, Darden Restaurants' Enterprise Value Over EBITDA is increasing as compared to previous years. The Darden Restaurants' current Enterprise Value Multiple is estimated to increase to 55.72, while Discontinued Operations is forecasted to increase to (1.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 2.1B | 2.4B | 1.5B | Total Revenue | 9.6B | 10.5B | 11.4B | 7.0B |
Darden Restaurants fundamental ratios Correlations
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Darden Restaurants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Darden Restaurants fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9B | 10.7B | 10.1B | 10.2B | 11.3B | 11.9B | |
Short Long Term Debt Total | 5.5B | 5.0B | 4.9B | 4.6B | 5.4B | 5.7B | |
Other Current Liab | 805.5M | 788.9M | 655.5M | 684.1M | 726.8M | 574.6M | |
Total Current Liabilities | 1.8B | 1.8B | 1.8B | 1.9B | 2.2B | 1.3B | |
Total Stockholder Equity | 2.3B | 2.8B | 2.2B | 2.2B | 2.2B | 1.8B | |
Property Plant And Equipment Net | 6.7B | 6.6B | 6.8B | 7.1B | 7.6B | 8.0B | |
Net Debt | 4.7B | 3.8B | 4.4B | 4.2B | 5.2B | 5.5B | |
Retained Earnings | 143.5M | 522.3M | (25.9M) | (32.5M) | (35.5M) | (33.7M) | |
Accounts Payable | 249.4M | 304.5M | 366.9M | 426.2M | 399.5M | 252.7M | |
Cash | 763.3M | 1.2B | 420.6M | 367.8M | 194.8M | 215.7M | |
Non Current Assets Total | 8.8B | 8.8B | 9.0B | 9.2B | 10.5B | 11.0B | |
Non Currrent Assets Other | 275.3M | 295.7M | 90.5M | 301.1M | 255.7M | 209.9M | |
Cash And Short Term Investments | 763.3M | 1.2B | 420.6M | 367.8M | 194.8M | 216.1M | |
Net Receivables | 49.8M | 68.2M | 72M | 80.2M | 79.1M | 58.2M | |
Common Stock Shares Outstanding | 122.7M | 131.8M | 129M | 122.9M | 120.8M | 126.9M | |
Liabilities And Stockholders Equity | 9.9B | 10.7B | 10.1B | 10.2B | 11.3B | 11.9B | |
Non Current Liabilities Total | 5.8B | 6.0B | 6.1B | 6.1B | 6.9B | 7.2B | |
Inventory | 206.9M | 190.8M | 270.6M | 287.9M | 290.5M | 232.5M | |
Other Current Assets | 63M | 397.4M | 416.2M | 261.8M | 258.4M | 147.7M | |
Other Stockholder Equity | 400K | 2.8B | (1.9M) | 3.2M | 3.7M | 3.9M | |
Total Liab | 7.6B | 7.8B | 7.9B | 8.0B | 9.1B | 9.5B | |
Total Current Assets | 1.1B | 1.9B | 1.2B | 997.7M | 822.8M | 758.5M | |
Short Term Debt | 270M | 184.3M | 230.5M | 241.4M | 352.7M | 190.0M | |
Common Stock Total Equity | 2.2B | 2.3B | 2.2B | 2.2B | 2.6B | 1.9B | |
Property Plant And Equipment Gross | 6.7B | 6.6B | 6.8B | 7.1B | 11.4B | 11.9B | |
Accumulated Other Comprehensive Income | (17.6M) | 4.2M | (1.9M) | 3.2M | 25.6M | 26.9M | |
Common Stock | 2.2B | 2.3B | 2.2B | 2.2B | 2.3B | 2.0B | |
Other Liab | 929.9M | 248.6M | 421.1M | 201.1M | 231.3M | 453.2M | |
Other Assets | 189.7M | 228.8M | 291.6M | 301.1M | 346.3M | 174.2M | |
Long Term Debt | 928.8M | 929.8M | 901M | 884.9M | 1.4B | 1.2B | |
Property Plant Equipment | 2.8B | 6.6B | 6.8B | 7.1B | 8.2B | 8.6B | |
Current Deferred Revenue | 467.9M | 474.2M | 498M | 512M | 591.8M | 312.7M | |
Retained Earnings Total Equity | 143.5M | 522.3M | (25.9M) | (32.5M) | (29.3M) | (27.8M) | |
Deferred Long Term Liab | 56.1M | 221.6M | 201.1M | 142.2M | 128.0M | 121.6M | |
Net Tangible Assets | 487.9M | 902.5M | 354.5M | 357.8M | 322.0M | 401.0M | |
Long Term Debt Total | 928.8M | 929.8M | 901M | 884.9M | 796.4M | 991.5M |
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When determining whether Darden Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Darden Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Darden Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Darden Restaurants Stock:Check out Investing Opportunities 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 metropolitan statistical area. For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Darden Restaurants. If investors know Darden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Darden Restaurants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.087 | Dividend Share 5.33 | Earnings Share 8.67 | Revenue Per Share 95.695 | Quarterly Revenue Growth 0.01 |
The market value of Darden Restaurants is measured differently than its book value, which is the value of Darden that is recorded on the company's balance sheet. Investors also form their own opinion of Darden Restaurants' value that differs from its market value or its book value, called intrinsic value, which is Darden Restaurants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Darden Restaurants' market value can be influenced by many factors that don't directly affect Darden Restaurants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Darden Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Darden Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darden Restaurants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.