Sify Good Will vs Net Receivables Analysis

SIFY Stock  USD 3.23  0.08  2.42%   
Sify Technologies financial indicator trend analysis is much more than just breaking down Sify Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sify Technologies is a good investment. Please check the relationship between Sify Technologies Good Will and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sify Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sify Technologies Good Will account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sify Technologies' Good Will and Net Receivables is -0.29. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sify Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sify Technologies' Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Sify Technologies Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Sify Technologies' Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

Most indicators from Sify Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sify Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sify Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Sify Technologies' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 8.01 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue27.0B33.4B35.6B37.4B
Depreciation And Amortization3.3B4.0B3.6B3.8B

Sify Technologies fundamental ratios Correlations

0.990.350.960.990.980.980.350.970.750.990.880.930.52-0.350.970.960.930.561.00.950.910.460.490.95-0.21
0.990.30.940.970.991.00.420.980.720.990.870.910.44-0.410.990.950.960.50.990.920.890.380.410.93-0.31
0.350.30.550.310.250.220.090.210.810.240.030.550.630.420.180.330.350.250.370.550.390.570.660.470.26
0.960.940.550.940.910.910.290.90.830.910.790.920.69-0.160.880.940.880.570.971.00.940.580.630.97-0.04
0.990.970.310.940.980.960.260.960.720.980.890.930.49-0.340.960.950.890.620.980.930.870.490.490.92-0.19
0.980.990.250.910.980.990.40.980.691.00.860.920.37-0.450.990.940.930.510.980.890.840.370.370.9-0.35
0.981.00.220.910.960.990.430.990.650.990.890.870.41-0.451.00.940.950.490.980.890.890.330.360.92-0.34
0.350.420.090.290.260.40.430.380.270.380.230.36-0.1-0.730.450.390.48-0.480.380.260.25-0.31-0.310.41-0.35
0.970.980.210.90.960.980.990.380.650.990.910.870.42-0.410.990.920.920.530.980.890.860.330.360.91-0.29
0.750.720.810.830.720.690.650.270.650.680.470.870.650.040.640.70.720.520.750.820.660.650.720.760.0
0.990.990.240.910.981.00.990.380.990.680.890.910.39-0.440.990.940.940.530.980.90.850.370.380.9-0.32
0.880.870.030.790.890.860.890.230.910.470.890.720.43-0.410.890.860.790.530.870.810.790.340.350.83-0.08
0.930.910.550.920.930.920.870.360.870.870.910.720.46-0.30.880.90.860.50.930.910.760.50.50.88-0.15
0.520.440.630.690.490.370.41-0.10.420.650.390.430.460.360.350.510.360.590.530.730.70.750.890.650.49
-0.35-0.410.42-0.16-0.34-0.45-0.45-0.73-0.410.04-0.44-0.41-0.30.36-0.49-0.43-0.350.31-0.34-0.15-0.140.430.51-0.290.36
0.970.990.180.880.960.991.00.450.990.640.990.890.880.35-0.490.930.950.470.970.870.840.310.310.89-0.37
0.960.950.330.940.950.940.940.390.920.70.940.860.90.51-0.430.930.880.480.960.940.90.410.430.95-0.13
0.930.960.350.880.890.930.950.480.920.720.940.790.860.36-0.350.950.880.430.940.850.850.320.360.88-0.44
0.560.50.250.570.620.510.49-0.480.530.520.530.530.50.590.310.470.480.430.530.590.560.620.750.470.05
1.00.990.370.970.980.980.980.380.980.750.980.870.930.53-0.340.970.960.940.530.960.920.450.480.96-0.22
0.950.920.551.00.930.890.890.260.890.820.90.810.910.73-0.150.870.940.850.590.960.940.60.650.970.02
0.910.890.390.940.870.840.890.250.860.660.850.790.760.7-0.140.840.90.850.560.920.940.510.580.94-0.09
0.460.380.570.580.490.370.33-0.310.330.650.370.340.50.750.430.310.410.320.620.450.60.510.920.460.29
0.490.410.660.630.490.370.36-0.310.360.720.380.350.50.890.510.310.430.360.750.480.650.580.920.520.33
0.950.930.470.970.920.90.920.410.910.760.90.830.880.65-0.290.890.950.880.470.960.970.940.460.52-0.05
-0.21-0.310.26-0.04-0.19-0.35-0.34-0.35-0.290.0-0.32-0.08-0.150.490.36-0.37-0.13-0.440.05-0.220.02-0.090.290.33-0.05
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Sify Technologies Account Relationship Matchups

Sify Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.3B36.7B47.1B57.4B71.0B74.5B
Short Long Term Debt Total11.2B11.7B17.5B22.9B27.6B29.0B
Other Current Liab4.8B10.7B8.2B5.6B1.9B2.4B
Total Current Liabilities16.5B16.9B21.1B22.1B23.4B24.6B
Total Stockholder Equity11.4B13.2B14.5B17.1B24.0B25.2B
Property Plant And Equipment Net15.7B17.0B21.1B28.0B39.5B41.4B
Net Debt8.8B6.6B13.7B19.3B23.5B24.7B
Retained Earnings(10.3B)(8.7B)(7.5B)(6.8B)(6.7B)(7.1B)
Accounts Payable3.9B3.6B5.0B9.2B10.3B10.9B
Cash2.3B5.1B3.8B3.7B4.1B2.3B
Non Current Assets Total17.6B19.5B25.1B35.1B46.8B49.1B
Non Currrent Assets Other955.5M876.4M2.2B4.6B5.5B5.7B
Cash And Short Term Investments2.3B5.1B3.8B3.7B5.4B5.7B
Net Receivables12.1B8.5B10.8B11.4B10.2B5.3B
Common Stock Shares Outstanding180.6M181.2M182.7M182.8M30.9M29.3M
Liabilities And Stockholders Equity34.3B36.7B47.1B57.4B71.0B74.5B
Non Current Liabilities Total6.4B6.6B11.5B18.2B23.5B24.7B
Inventory1.3B1.4B2.4B1.9B3.4B3.6B
Other Current Assets934.2M2.2B5.0B5.3B5.2B5.5B
Other Stockholder Equity19.7B19.6B19.7B22.1B28.9B19.0B
Total Liab22.9B23.5B32.6B40.3B47.0B49.3B
Total Current Assets16.6B17.2B22.0B22.3B24.2B25.4B
Short Term Debt6.0B2.6B8.0B7.2B7.3B7.7B
Intangible Assets665.1M680.0M634.5M622.7M641.9M450.1M
Common Stock1.8B1.8B1.8B1.8B1.8B1.0B
Other Liab1.4B1.2B1.2B2.0B2.3B2.4B
Other Assets3.4B1.1B1.5B202K232.3K220.7K
Long Term Debt3.7B3.6B7.8B13.8B17.6B18.5B
Common Stock Total Equity1.5B1.8B1.8B1.8B2.1B2.2B
Property Plant And Equipment Gross15.7B17.0B37.7B47.5B62.5B65.6B
Accumulated Other Comprehensive Income93.6M90.4M77.3M2.4B9.2B9.7B
Property Plant Equipment8.6B15.7B17.0B21.1B24.3B25.5B
Current Deferred Revenue1.9B1.8B2.8B3.2B3.9B4.1B
Net Tangible Assets10.2B10.7B12.5B13.8B15.9B9.4B
Long Term Investments212.0M212.2M476.1M1.0B1.2B1.3B
Short Long Term Debt5.6B5.9B7.5B6.7B6.9B4.8B
Capital Lease Obligations1.8B2.2B2.2B2.5B3.0B3.2B

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