Darden Payout Ratio vs Income Tax Expense Analysis

DRI Stock

USD 154.06 1.01 0.66%

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 Payout Ratio and its Income Tax Expense 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 tightly coupled 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.

Payout Ratio vs Income Tax Expense

Payout Ratio vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darden Restaurants Payout Ratio account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Darden Restaurants' Payout Ratio and Income Tax Expense is -0.16. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Income Tax Expense 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' Payout Ratio and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Darden Restaurants are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Payout Ratio i.e., Darden Restaurants' Payout Ratio and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Darden Restaurants earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Darden Restaurants dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Darden Restaurants is paying out more in dividends than it makes in net income.

Income Tax Expense

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 tightly coupled 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' Selling General Administrative is decreasing as compared to previous years. The Darden Restaurants' current Tax Provision is estimated to increase to about 165.4 M, 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	12.1B	6.8B

Gross Profit Total Revenue

Darden Restaurants fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Good Will	Common Stock Total Equity	Property Plant And Equipment Gross	Intangible Assets
Total Assets		0.96	0.72	0.72	0.55	0.97	0.94	-0.36	0.62	0.5	0.99	0.18	0.5	0.23	-0.57	0.99	0.31	0.31	0.15	1.0	0.47	0.17	0.38	0.68	0.97	0.4
Short Long Term Debt Total	0.96		0.72	0.68	0.44	0.97	0.99	-0.35	0.53	0.49	0.95	0.01	0.49	0.04	-0.4	0.98	0.33	0.28	0.16	0.97	0.47	0.24	0.22	0.68	0.97	0.24
Other Current Liab	0.72	0.72		0.86	0.76	0.64	0.69	0.05	0.57	0.55	0.66	0.35	0.55	0.51	-0.6	0.68	0.37	0.14	0.03	0.7	0.79	0.18	0.49	0.53	0.64	0.46
Total Current Liabilities	0.72	0.68	0.86		0.73	0.66	0.68	0.07	0.79	0.44	0.7	0.45	0.44	0.58	-0.72	0.69	0.55	0.36	-0.16	0.71	0.57	0.47	0.63	0.78	0.66	0.65
Total Stockholder Equity	0.55	0.44	0.76	0.73		0.39	0.35	-0.06	0.53	0.76	0.5	0.67	0.76	0.64	-0.75	0.48	0.02	0.0	0.27	0.49	0.67	-0.08	0.84	0.41	0.4	0.81
Property Plant And Equipment Net	0.97	0.97	0.64	0.66	0.39		0.97	-0.37	0.6	0.42	0.98	0.02	0.43	0.07	-0.41	0.99	0.39	0.38	0.11	0.98	0.33	0.23	0.19	0.71	1.0	0.23
Net Debt	0.94	0.99	0.69	0.68	0.35	0.97		-0.33	0.54	0.37	0.94	-0.02	0.37	0.05	-0.37	0.97	0.4	0.33	0.08	0.96	0.42	0.29	0.17	0.66	0.97	0.2
Retained Earnings	-0.36	-0.35	0.05	0.07	-0.06	-0.37	-0.33		-0.26	-0.24	-0.38	0.15	-0.24	0.24	-0.13	-0.42	0.45	-0.43	-0.71	-0.37	-0.01	0.56	-0.15	0.05	-0.36	-0.15
Accounts Payable	0.62	0.53	0.57	0.79	0.53	0.6	0.54	-0.26		0.23	0.64	0.33	0.23	0.58	-0.52	0.61	0.53	0.77	0.0	0.62	0.21	0.17	0.58	0.63	0.6	0.61
Cash	0.5	0.49	0.55	0.44	0.76	0.42	0.37	-0.24	0.23		0.45	0.25	1.0	0.01	-0.31	0.47	-0.25	-0.17	0.55	0.45	0.56	-0.19	0.42	0.44	0.43	0.43
Non Current Assets Total	0.99	0.95	0.66	0.7	0.5	0.98	0.94	-0.38	0.64	0.45		0.16	0.45	0.21	-0.56	0.99	0.35	0.37	0.11	0.99	0.36	0.19	0.37	0.7	0.98	0.4
Non Currrent Assets Other	0.18	0.01	0.35	0.45	0.67	0.02	-0.02	0.15	0.33	0.25	0.16		0.25	0.69	-0.69	0.09	0.03	-0.15	-0.02	0.12	0.3	0.06	0.7	0.11	0.03	0.66
Cash And Short Term Investments	0.5	0.49	0.55	0.44	0.76	0.43	0.37	-0.24	0.23	1.0	0.45	0.25		0.01	-0.31	0.47	-0.25	-0.17	0.55	0.45	0.56	-0.19	0.42	0.44	0.43	0.43
Net Receivables	0.23	0.04	0.51	0.58	0.64	0.07	0.05	0.24	0.58	0.01	0.21	0.69	0.01		-0.76	0.14	0.37	0.24	-0.21	0.19	0.34	0.04	0.75	0.11	0.08	0.69
Common Stock Shares Outstanding	-0.57	-0.4	-0.6	-0.72	-0.75	-0.41	-0.37	-0.13	-0.52	-0.31	-0.56	-0.69	-0.31	-0.76		-0.48	-0.29	-0.05	0.24	-0.53	-0.4	-0.21	-0.83	-0.41	-0.42	-0.78
Non Current Liabilities Total	0.99	0.98	0.68	0.69	0.48	0.99	0.97	-0.42	0.61	0.47	0.99	0.09	0.47	0.14	-0.48		0.31	0.36	0.18	1.0	0.44	0.16	0.31	0.67	0.99	0.33
Inventory	0.31	0.33	0.37	0.55	0.02	0.39	0.4	0.45	0.53	-0.25	0.35	0.03	-0.25	0.37	-0.29	0.31		0.36	-0.62	0.34	-0.09	0.68	0.02	0.5	0.4	0.04
Other Current Assets	0.31	0.28	0.14	0.36	0.0	0.38	0.33	-0.43	0.77	-0.17	0.37	-0.15	-0.17	0.24	-0.05	0.36	0.36		-0.03	0.35	-0.15	0.01	0.17	0.36	0.38	0.23
Other Stockholder Equity	0.15	0.16	0.03	-0.16	0.27	0.11	0.08	-0.71	0.0	0.55	0.11	-0.02	0.55	-0.21	0.24	0.18	-0.62	-0.03		0.13	0.32	-0.67	0.11	-0.23	0.1	0.07
Total Liab	1.0	0.97	0.7	0.71	0.49	0.98	0.96	-0.37	0.62	0.45	0.99	0.12	0.45	0.19	-0.53	1.0	0.34	0.35	0.13		0.44	0.2	0.33	0.69	0.99	0.36
Total Current Assets	0.47	0.47	0.79	0.57	0.67	0.33	0.42	-0.01	0.21	0.56	0.36	0.3	0.56	0.34	-0.4	0.44	-0.09	-0.15	0.32	0.44		0.01	0.37	0.22	0.34	0.3
Short Term Debt	0.17	0.24	0.18	0.47	-0.08	0.23	0.29	0.56	0.17	-0.19	0.19	0.06	-0.19	0.04	-0.21	0.16	0.68	0.01	-0.67	0.2	0.01		-0.09	0.61	0.23	-0.01
Good Will	0.38	0.22	0.49	0.63	0.84	0.19	0.17	-0.15	0.58	0.42	0.37	0.7	0.42	0.75	-0.83	0.31	0.02	0.17	0.11	0.33	0.37	-0.09		0.25	0.21	0.97
Common Stock Total Equity	0.68	0.68	0.53	0.78	0.41	0.71	0.66	0.05	0.63	0.44	0.7	0.11	0.44	0.11	-0.41	0.67	0.5	0.36	-0.23	0.69	0.22	0.61	0.25		0.71	0.38
Property Plant And Equipment Gross	0.97	0.97	0.64	0.66	0.4	1.0	0.97	-0.36	0.6	0.43	0.98	0.03	0.43	0.08	-0.42	0.99	0.4	0.38	0.1	0.99	0.34	0.23	0.21	0.71		0.24
Intangible Assets	0.4	0.24	0.46	0.65	0.81	0.23	0.2	-0.15	0.61	0.43	0.4	0.66	0.43	0.69	-0.78	0.33	0.04	0.23	0.07	0.36	0.3	-0.01	0.97	0.38	0.24

Click cells to compare fundamentals

Darden Restaurants Account Relationship Matchups

Darden Restaurants fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.9B	10.7B	10.1B	10.2B	11.8B	12.4B
Short Long Term Debt Total	5.5B	5.0B	4.9B	4.6B	5.2B	5.5B
Other Current Liab	805.5M	885.5M	780.1M	752.5M	865.4M	577.8M
Total Current Liabilities	1.8B	1.8B	1.8B	1.9B	2.2B	1.2B
Total Stockholder Equity	2.3B	2.8B	2.2B	2.2B	2.5B	1.8B
Property Plant And Equipment Net	6.7B	6.6B	6.8B	7.1B	8.2B	8.6B
Net Debt	4.7B	3.8B	4.4B	4.2B	4.8B	5.1B
Retained Earnings	143.5M	522.3M	(25.9M)	(32.5M)	(37.4M)	(35.5M)
Accounts Payable	249.4M	304.5M	366.9M	426.2M	490.1M	246.3M
Cash	763.3M	1.2B	420.6M	367.8M	423.0M	215.8M
Non Current Assets Total	8.8B	8.8B	9.0B	9.2B	10.6B	11.2B
Non Currrent Assets Other	275.3M	295.7M	90.5M	301.1M	346.3M	207.4M
Cash And Short Term Investments	763.3M	1.2B	420.6M	367.8M	423.0M	216.2M
Net Receivables	49.8M	68.2M	72M	80.2M	92.2M	57.2M
Common Stock Shares Outstanding	122.7M	131.8M	129M	122.9M	110.6M	127.9M
Liabilities And Stockholders Equity	9.9B	10.7B	10.1B	10.2B	11.8B	12.4B
Non Current Liabilities Total	5.8B	6.0B	6.1B	6.1B	7.0B	7.4B
Inventory	206.9M	190.8M	270.6M	287.9M	331.1M	229.5M
Other Current Assets	63M	60.2M	141.4M	154.5M	139.1M	84.2M
Other Stockholder Equity	400K	2.8B	(1.9M)	3.2M	3.7M	3.9M
Total Liab	7.6B	7.8B	7.9B	8.0B	9.2B	9.7B
Total Current Assets	1.1B	1.9B	1.2B	997.7M	1.1B	753.5M
Short Term Debt	270M	184.1M	202.5M	246.7M	283.7M	182.1M
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	8.2B	8.6B
Accumulated Other Comprehensive Income	(17.6M)	4.2M	(1.9M)	3.2M	3.7M	3.9M
Common Stock	2.2B	2.3B	2.2B	2.2B	2.6B	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	1.0B	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	588.8M	297.3M
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

Darden Restaurants Investors Sentiment

The influence of Darden Restaurants' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Darden. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Darden Restaurants' public news can be used to forecast risks associated with an investment in Darden. The trend in average sentiment can be used to explain how an investor holding Darden can time the market purely based on public headlines and social activities around Darden Restaurants. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Darden Restaurants' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Darden Restaurants' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Darden Restaurants' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Darden Restaurants.

Darden Restaurants Implied Volatility

65.68

Darden Restaurants' implied volatility exposes the market's sentiment of Darden Restaurants stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Darden Restaurants' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Darden Restaurants stock will not fluctuate a lot when Darden Restaurants' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Darden Restaurants in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Darden Restaurants' short interest history, or implied volatility extrapolated from Darden Restaurants options trading.

Pair Trading with Darden Restaurants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Darden Restaurants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Darden Restaurants will appreciate offsetting losses from the drop in the long position's value.

Moving against Darden Stock

0.43

WEN

The Wendys Financial Report 8th of May 2024

Pair Corr

The ability to find closely correlated positions to Darden Restaurants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darden Restaurants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Darden Restaurants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Darden Restaurants to buy it.

The correlation of Darden Restaurants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Darden Restaurants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darden Restaurants moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Darden Restaurants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Darden

Details

Is Darden Stock a good investment?

Details

What is Darden Restaurants' Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

View

Largest Consumer Services Companies

View

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 tightly coupled 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Darden Stock analysis

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

	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Commodity Directory Find actively traded commodities issued by global exchanges
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins

Is Darden Restaurants' industry 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

0.11

Dividend Share

5.14

Earnings Share

8.52

Revenue Per Share

93.095

Quarterly Revenue Growth

0.068

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Darden Payout Ratio vs Income Tax Expense Analysis

Payout Ratio vs Income Tax Expense

Payout Ratio vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Payout Ratio

Income Tax Expense

Darden Restaurants fundamental ratios Correlations

Darden Restaurants Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Darden Restaurants fundamental ratios Accounts

Darden Restaurants Investors Sentiment

Darden Restaurants Implied Volatility

Pair Trading with Darden Restaurants

Moving against Darden Stock

Complementary Tools for Darden Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Good Will	- 0.83	Common Stock Shares Outstanding
Intangible Assets	- 0.78	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.76	Net Receivables
Common Stock Shares Outstanding	- 0.75	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.72	Total Current Liabilities
Other Stockholder Equity	- 0.71	Retained Earnings