Dev Operating Income vs Net Interest Income Analysis

DEVIT Stock   114.41  0.86  0.75%   
Dev Information financial indicator trend analysis is much more than just examining Dev Information Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dev Information Tech is a good investment. Please check the relationship between Dev Information Operating Income and its Net Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dev Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Operating Income vs Net Interest Income

Operating Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dev Information Tech Operating Income account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dev Information's Operating Income and Net Interest Income is -0.3. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Dev Information Technology, assuming nothing else is changed. The correlation between historical values of Dev Information's Operating Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Dev Information Technology are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Operating Income i.e., Dev Information's Operating Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Dev Information Tech operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dev Information Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Dev Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dev Information Tech 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 Dev Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Dev Information's Selling General Administrative is very stable compared to the past year. As of the 27th of July 2025, Issuance Of Capital Stock is likely to grow to about 5.2 M, while Tax Provision is likely to drop about 20.1 M.
 2022 2023 2024 2025 (projected)
Interest Expense13.9M14.2M26.0M15.2M
Depreciation And Amortization12.5M14.0M30.4M15.5M

Dev Information fundamental ratios Correlations

0.930.780.90.880.87-0.210.640.80.420.180.860.520.220.820.80.620.50.170.590.930.990.810.720.90.73
0.930.770.850.820.79-0.330.710.790.30.160.810.60.170.770.70.650.440.060.620.890.930.850.680.720.53
0.780.770.620.890.76-0.480.750.860.080.040.930.770.060.810.720.680.42-0.10.620.650.730.70.760.690.57
0.90.850.620.760.66-0.150.540.720.720.310.730.460.260.780.660.510.450.140.620.990.940.790.630.770.58
0.880.820.890.760.81-0.220.830.960.290.050.990.650.10.950.810.790.460.030.780.790.870.720.760.810.68
0.870.790.760.660.81-0.160.540.670.110.20.810.370.270.650.830.570.460.360.410.710.830.670.630.860.75
-0.21-0.33-0.48-0.15-0.22-0.16-0.15-0.220.19-0.24-0.26-0.59-0.33-0.09-0.330.03-0.460.05-0.02-0.12-0.16-0.46-0.31-0.040.24
0.640.710.750.540.830.54-0.150.930.16-0.420.850.76-0.40.90.430.950.32-0.420.920.620.630.420.640.410.41
0.80.790.860.720.960.67-0.220.930.31-0.110.960.75-0.080.970.660.890.43-0.170.90.760.790.630.710.650.53
0.420.30.080.720.290.110.190.160.310.230.250.010.130.450.20.190.090.00.420.660.50.350.250.360.23
0.180.160.040.310.050.2-0.24-0.42-0.110.23-0.02-0.20.93-0.10.4-0.420.090.73-0.330.190.220.570.040.340.06
0.860.810.930.730.990.81-0.260.850.960.25-0.020.730.020.940.750.820.47-0.030.790.770.830.670.80.770.67
0.520.60.770.460.650.37-0.590.760.750.01-0.20.73-0.220.670.290.670.45-0.320.670.50.470.420.710.250.24
0.220.170.060.260.10.27-0.33-0.4-0.080.130.930.02-0.22-0.110.54-0.420.230.79-0.340.150.250.57-0.010.390.04
0.820.770.810.780.950.65-0.090.90.970.45-0.10.940.67-0.110.630.870.33-0.160.890.810.820.630.740.690.64
0.80.70.720.660.810.83-0.330.430.660.20.40.750.290.540.630.350.550.360.390.630.790.790.460.860.56
0.620.650.680.510.790.570.030.950.890.19-0.420.820.67-0.420.870.350.21-0.280.870.620.610.340.650.420.48
0.50.440.420.450.460.46-0.460.320.430.090.090.470.450.230.330.550.210.180.340.430.480.340.350.40.16
0.170.06-0.10.140.030.360.05-0.42-0.170.00.73-0.03-0.320.79-0.160.36-0.280.18-0.410.090.190.270.020.380.28
0.590.620.620.620.780.41-0.020.920.90.42-0.330.790.67-0.340.890.390.870.34-0.410.670.60.370.540.40.33
0.930.890.650.990.790.71-0.120.620.760.660.190.770.50.150.810.630.620.430.090.670.960.760.670.770.61
0.990.930.730.940.870.83-0.160.630.790.50.220.830.470.250.820.790.610.480.190.60.960.820.690.880.71
0.810.850.70.790.720.67-0.460.420.630.350.570.670.420.570.630.790.340.340.270.370.760.820.580.720.4
0.720.680.760.630.760.63-0.310.640.710.250.040.80.71-0.010.740.460.650.350.020.540.670.690.580.640.64
0.90.720.690.770.810.86-0.040.410.650.360.340.770.250.390.690.860.420.40.380.40.770.880.720.640.84
0.730.530.570.580.680.750.240.410.530.230.060.670.240.040.640.560.480.160.280.330.610.710.40.640.84
Click cells to compare fundamentals

Dev Information Account Relationship Matchups

Dev Information fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets629.7M664.8M677.4M954.9M1.2B631.9M
Short Long Term Debt Total109.6M97.7M72.9M145.8M199.8M109.0M
Other Current Liab79.3M58.7M63.3M115.3M132.7M139.3M
Total Current Liabilities272.9M324.4M222.4M310.1M445.0M276.6M
Total Stockholder Equity338.8M327.9M415.5M554.5M686.2M720.5M
Property Plant And Equipment Net79.2M91.8M95.4M132.3M118.1M84.9M
Current Deferred Revenue(96.7M)58.8M45.0M1.2M1.1M1.0M
Net Debt31.6M9.4M48.0M111.8M180.8M189.8M
Retained Earnings184.1M117.2M201.5M290.2M573.5M602.2M
Accounts Payable97.4M177.2M123.5M102.6M191.9M142.2M
Cash78.0M88.3M25.0M34M19.1M18.1M
Non Current Assets Total191.4M172.8M215.9M304.4M373.0M391.7M
Non Currrent Assets Other44.5M3.2M7M37.2M50.9M53.4M
Cash And Short Term Investments106.1M88.3M51.6M38.4M19.1M18.1M
Net Receivables218.6M310.8M350.1M513.7M745.6M782.9M
Liabilities And Stockholders Equity629.7M664.8M677.4M954.9M1.2B631.9M
Non Current Liabilities Total16.1M12.6M39.0M61.9M88.4M92.8M
Inventory86.1M46.8M49.8M63.4M73.1M58.3M
Other Current Assets51.2M46.2M36.6M40.1M10.3M9.8M
Total Liab289.0M337.0M261.3M372.0M533.3M313.5M
Total Current Assets438.4M492.1M461.5M650.5M848.0M456.5M
Accumulated Other Comprehensive Income102.9M52.6M53.9M55.1M63.3M72.3M
Short Term Debt96.7M88.4M35.5M90.3M120.4M70.7M
Intangible Assets19.4M12.3M13.6M57.3M38.2M40.1M
Good Will15.2M7.1M44.8M62.8M72.2M75.8M
Short Term Investments28.2M17.8M26.7M4.4M4.3M4.1M
Long Term Debt10.5M7.9M36.5M40.4M65.6M68.9M
Long Term Debt Total13.3M7.9M37.4M55.5M79.5M83.4M
Cash And Equivalents110.7M88.3M25.0M19.1M17.1M16.3M
Property Plant Equipment79.2M83.1M84.0M132.3M118.1M97.9M
Net Invested Capital448.4M424.6M487.5M682.8M869.8M591.7M
Short Long Term Debt96.3M89.3M35.5M87.9M118.0M92.8M
Non Current Liabilities Other4.3M2.7M(1K)2K1.8K1.7K
Net Working Capital165.5M167.7M239.1M340.3M403.0M260.0M

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Other Information on Investing in Dev Stock

Balance Sheet is a snapshot of the financial position of Dev Information Tech at a specified time, usually calculated after every quarter, six months, or one year. Dev Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dev Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dev currently owns. An asset can also be divided into two categories, current and non-current.