Sify Total Current Assets vs Total Stockholder Equity Analysis

SIFY Stock  USD 3.45  0.10  2.82%   
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 Total Current Assets and its Total Stockholder Equity 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.

Total Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sify Technologies Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sify Technologies' Total Current Assets and Total Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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' Total Current Assets and Total Stockholder Equity 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 Sify Technologies Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Sify Technologies' Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Sify Stock Analysis

When running Sify Technologies' price analysis, check to measure Sify Technologies' 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 Sify Technologies is operating at the current time. Most of Sify Technologies' value examination focuses on studying past and present price action to predict the probability of Sify Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sify Technologies' price. Additionally, you may evaluate how the addition of Sify Technologies to your portfolios can decrease your overall portfolio volatility.