Darden Accounts Payable vs Total Assets Analysis
DRI Stock | USD 166.69 1.70 1.03% |
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 Accounts Payable and its Total 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.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darden Restaurants Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Darden Restaurants' Accounts Payable and Total Assets is 0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total 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' Accounts Payable and Total 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 Accounts Payable of Darden Restaurants are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Darden Restaurants' Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Darden Restaurants obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Darden Restaurants are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Assets
Total assets refers to the total amount of Darden Restaurants assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Darden Restaurants books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 8.66 | 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.