Digital Cash And Short Term Investments vs Net Receivables Analysis

000555 Stock

11.78 0.10 0.84%

Digital China financial indicator trend analysis is much more than just examining Digital China Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital China Information is a good investment. Please check the relationship between Digital China Cash And Short Term Investments and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital China Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital China Information Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Digital China's Cash And Short Term Investments and Net Receivables is 0.93. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Digital China Information, assuming nothing else is changed. The correlation between historical values of Digital China's Cash And Short Term Investments 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 Cash And Short Term Investments of Digital China Information 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 Cash And Short Term Investments i.e., Digital China's Cash And Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Digital China Information balance sheet. This account contains Digital China investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Digital China Information fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Receivables

Most indicators from Digital China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital China Information 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital China Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 30.8 M, whereas Selling General Administrative is forecasted to decline to about 545.8 M.

	2021	2022	2023	2024 (projected)
Income Before Tax	411.2M	187.0M	231.8M	223.5M
Total Revenue	11.4B	12.0B	12.1B	12.7B

Income Before Tax Total Revenue

Digital China fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Other Stockholder Equity	Intangible Assets	Common Stock	Retained Earnings	Short Term Investments	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Other Assets
Total Assets		0.53	0.99	0.99	0.94	0.78	0.33	0.23	0.99	0.99	0.88	-0.69	0.96	0.89	0.95	0.95	0.83	0.96	0.93	0.97	0.96	0.53	0.29	0.84	0.01	0.26
Other Current Liab	0.53		0.55	0.51	0.71	0.46	0.32	0.71	0.55	0.46	0.69	0.16	0.32	0.44	0.45	0.32	0.45	0.67	0.43	0.53	0.33	0.35	0.76	0.03	0.64	0.36
Total Current Liabilities	0.99	0.55		0.97	0.93	0.78	0.3	0.23	1.0	0.99	0.87	-0.67	0.96	0.91	0.96	0.95	0.81	0.95	0.89	0.96	0.93	0.52	0.34	0.82	0.07	0.27
Total Stockholder Equity	0.99	0.51	0.97		0.95	0.76	0.34	0.22	0.98	0.98	0.89	-0.71	0.95	0.86	0.93	0.95	0.84	0.96	0.95	0.97	0.97	0.54	0.23	0.85	-0.05	0.24
Non Current Assets Total	0.94	0.71	0.93	0.95		0.71	0.34	0.43	0.93	0.9	0.97	-0.48	0.83	0.81	0.85	0.83	0.77	0.99	0.91	0.94	0.85	0.52	0.43	0.67	0.19	0.32
Non Currrent Assets Other	0.78	0.46	0.78	0.76	0.71		0.29	-0.18	0.78	0.78	0.65	-0.6	0.76	0.69	0.86	0.72	0.74	0.73	0.62	0.7	0.73	0.84	0.17	0.69	-0.08	0.4
Non Current Liabilities Total	0.33	0.32	0.3	0.34	0.34	0.29		0.21	0.32	0.33	0.22	-0.23	0.27	0.39	0.36	0.31	0.17	0.43	0.22	0.23	0.28	0.14	0.23	0.18	0.05	0.04
Other Current Assets	0.23	0.71	0.23	0.22	0.43	-0.18	0.21		0.23	0.16	0.47	0.4	0.03	0.17	0.03	0.08	0.05	0.4	0.26	0.26	0.06	-0.31	0.68	-0.2	0.65	0.06
Total Liab	0.99	0.55	1.0	0.98	0.93	0.78	0.32	0.23		0.99	0.87	-0.67	0.96	0.91	0.96	0.95	0.81	0.95	0.89	0.96	0.93	0.52	0.35	0.82	0.07	0.27
Total Current Assets	0.99	0.46	0.99	0.98	0.9	0.78	0.33	0.16	0.99		0.83	-0.75	0.98	0.9	0.96	0.97	0.83	0.93	0.91	0.95	0.97	0.52	0.23	0.87	-0.05	0.23
Property Plant And Equipment Net	0.88	0.69	0.87	0.89	0.97	0.65	0.22	0.47	0.87	0.83		-0.41	0.76	0.72	0.75	0.76	0.72	0.94	0.9	0.87	0.79	0.47	0.41	0.62	0.19	0.32
Net Debt	-0.69	0.16	-0.67	-0.71	-0.48	-0.6	-0.23	0.4	-0.67	-0.75	-0.41		-0.8	-0.66	-0.74	-0.81	-0.62	-0.54	-0.68	-0.65	-0.83	-0.4	0.36	-0.95	0.6	-0.12
Accounts Payable	0.96	0.32	0.96	0.95	0.83	0.76	0.27	0.03	0.96	0.98	0.76	-0.8		0.85	0.93	0.98	0.82	0.86	0.89	0.9	0.98	0.52	0.1	0.91	-0.18	0.12
Cash	0.89	0.44	0.91	0.86	0.81	0.69	0.39	0.17	0.91	0.9	0.72	-0.66	0.85		0.94	0.9	0.57	0.86	0.72	0.89	0.81	0.34	0.46	0.76	0.16	0.29
Cash And Short Term Investments	0.95	0.45	0.96	0.93	0.85	0.86	0.36	0.03	0.96	0.96	0.75	-0.74	0.93	0.94		0.93	0.76	0.9	0.79	0.91	0.9	0.59	0.3	0.84	0.0	0.33
Net Receivables	0.95	0.32	0.95	0.95	0.83	0.72	0.31	0.08	0.95	0.97	0.76	-0.81	0.98	0.9	0.93		0.72	0.86	0.88	0.92	0.96	0.41	0.16	0.9	-0.14	0.11
Inventory	0.83	0.45	0.81	0.84	0.77	0.74	0.17	0.05	0.81	0.83	0.72	-0.62	0.82	0.57	0.76	0.72		0.76	0.83	0.78	0.84	0.75	-0.01	0.72	-0.14	0.34
Other Stockholder Equity	0.96	0.67	0.95	0.96	0.99	0.73	0.43	0.4	0.95	0.93	0.94	-0.54	0.86	0.86	0.9	0.86	0.76		0.9	0.94	0.87	0.5	0.43	0.72	0.16	0.34
Intangible Assets	0.93	0.43	0.89	0.95	0.91	0.62	0.22	0.26	0.89	0.91	0.9	-0.68	0.89	0.72	0.79	0.88	0.83	0.9		0.91	0.94	0.47	0.08	0.83	-0.14	0.21
Common Stock	0.97	0.53	0.96	0.97	0.94	0.7	0.23	0.26	0.96	0.95	0.87	-0.65	0.9	0.89	0.91	0.92	0.78	0.94	0.91		0.92	0.49	0.34	0.78	0.09	0.22
Retained Earnings	0.96	0.33	0.93	0.97	0.85	0.73	0.28	0.06	0.93	0.97	0.79	-0.83	0.98	0.81	0.9	0.96	0.84	0.87	0.94	0.92		0.52	0.02	0.93	-0.25	0.16
Short Term Investments	0.53	0.35	0.52	0.54	0.52	0.84	0.14	-0.31	0.52	0.52	0.47	-0.4	0.52	0.34	0.59	0.41	0.75	0.5	0.47	0.49	0.52		-0.03	0.44	-0.09	0.4
Short Long Term Debt Total	0.29	0.76	0.34	0.23	0.43	0.17	0.23	0.68	0.35	0.23	0.41	0.36	0.1	0.46	0.3	0.16	-0.01	0.43	0.08	0.34	0.02	-0.03		-0.19	0.91	0.24
Current Deferred Revenue	0.84	0.03	0.82	0.85	0.67	0.69	0.18	-0.2	0.82	0.87	0.62	-0.95	0.91	0.76	0.84	0.9	0.72	0.72	0.83	0.78	0.93	0.44	-0.19		-0.47	0.21
Short Term Debt	0.01	0.64	0.07	-0.05	0.19	-0.08	0.05	0.65	0.07	-0.05	0.19	0.6	-0.18	0.16	0.0	-0.14	-0.14	0.16	-0.14	0.09	-0.25	-0.09	0.91	-0.47		0.2
Other Assets	0.26	0.36	0.27	0.24	0.32	0.4	0.04	0.06	0.27	0.23	0.32	-0.12	0.12	0.29	0.33	0.11	0.34	0.34	0.21	0.22	0.16	0.4	0.24	0.21	0.2

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Digital China Account Relationship Matchups

Digital China fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.8B	12.1B	12.4B	12.4B	12.8B	13.5B
Other Current Liab	845.0M	905.6M	870.9M	959.4M	66.2M	62.9M
Total Current Liabilities	5.4B	6.3B	6.3B	6.2B	6.4B	6.7B
Total Stockholder Equity	5.2B	5.6B	5.9B	6.0B	6.2B	6.5B
Non Current Assets Total	3.0B	2.7B	2.8B	2.7B	2.6B	2.8B
Non Currrent Assets Other	827.2M	883.1M	873.1M	775.9M	429.9M	451.4M
Liabilities And Stockholders Equity	10.8B	12.1B	12.4B	12.4B	12.8B	13.5B
Non Current Liabilities Total	81.7M	56.8M	108.4M	150.7M	103.8M	53.5M
Other Current Assets	45.5M	4.8M	77.8M	32.6M	28.5M	27.1M
Total Liab	5.4B	6.4B	6.4B	6.3B	6.5B	6.8B
Total Current Assets	7.8B	9.3B	9.6B	9.7B	10.2B	10.7B
Property Plant And Equipment Net	490.7M	453.1M	506.3M	461.5M	463.2M	486.3M
Net Debt	(451.4M)	(1.2B)	(1.3B)	(1.3B)	(1.9B)	(1.8B)
Accounts Payable	2.7B	2.9B	3.5B	3.5B	3.8B	4.0B
Cash	1.4B	1.9B	1.5B	1.7B	2.1B	2.2B
Cash And Short Term Investments	2.2B	2.7B	2.3B	2.3B	2.4B	2.5B
Net Receivables	3.6B	3.8B	4.3B	5.1B	5.8B	6.1B
Inventory	1.9B	2.8B	3.0B	2.4B	2.0B	2.1B
Other Stockholder Equity	2.3B	2.3B	2.2B	2.2B	2.2B	2.3B
Intangible Assets	149.2M	170.0M	193.8M	206.2M	232.3M	243.9M
Common Stock	970.4M	975.8M	979.7M	983.7M	1.1B	1.2B
Retained Earnings	1.9B	2.2B	2.6B	2.7B	2.9B	3.1B
Short Term Investments	796.6M	750.0M	733.9M	632.5M	259.9M	314.9M
Short Long Term Debt Total	997.5M	722.3M	256.2M	323.8M	183.5M	174.3M
Current Deferred Revenue	778.3M	1.8B	1.7B	1.5B	2.4B	2.5B
Short Term Debt	997.5M	722.3M	193.5M	215.3M	99.6M	94.7M
Other Liab	47.7M	75.5M	56.8M	45.7M	52.6M	37.7M
Property Plant Equipment	490.7M	453.1M	506.3M	461.5M	530.7M	557.2M
Long Term Debt	49.5M	6.2M	0.0	66.6M	55.6M	55.5M
Net Tangible Assets	3.2B	3.5B	3.9B	4.3B	4.9B	3.8B
Deferred Long Term Liab	41.3M	58.6M	47.6M	59.3M	53.4M	45.1M
Short Long Term Debt	952.5M	722.3M	164.4M	176.8M	56.2M	53.4M
Common Stock Shares Outstanding	970.4M	975.8M	979.7M	983.7M	1.1B	1.1B
Net Invested Capital	6.2B	6.3B	6.1B	6.3B	6.3B	5.1B
Net Working Capital	2.4B	3.0B	3.3B	3.6B	3.8B	3.2B
Capital Stock	970.4M	975.8M	979.7M	983.7M	1.1B	1.1B

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Balance Sheet is a snapshot of the financial position of Digital China Information at a specified time, usually calculated after every quarter, six months, or one year. Digital China Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Digital China 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 Digital currently owns. An asset can also be divided into two categories, current and non-current.

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Digital Cash And Short Term Investments vs Net Receivables Analysis

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Receivables

Digital China fundamental ratios Correlations

Digital China Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Digital China fundamental ratios Accounts

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Total Liab	+ 1.0	Total Current Liabilities
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Current Liabilities

Current Deferred Revenue	- 0.95	Net Debt
Retained Earnings	- 0.83	Net Debt
Net Receivables	- 0.81	Net Debt
Accounts Payable	- 0.8	Net Debt
Net Debt	- 0.75	Total Current Assets
Cash And Short Term Investments	- 0.74	Net Debt