Datalogic Short Term Debt vs Cash And Short Term Investments Analysis

0E3C Stock   5.14  0.03  0.59%   
Datalogic financial indicator trend analysis is much more than just examining Datalogic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datalogic is a good investment. Please check the relationship between Datalogic Short Term Debt and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datalogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datalogic Short Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Datalogic's Short Term Debt and Cash And Short Term Investments is -0.09. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Datalogic, assuming nothing else is changed. The correlation between historical values of Datalogic's Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Datalogic are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Datalogic's Short Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Datalogic balance sheet. This account contains Datalogic investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Datalogic 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.
Most indicators from Datalogic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datalogic 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 Datalogic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about (1.5 M) in 2024. Selling General Administrative is likely to drop to about 169.2 M in 2024
 2019 2020 2023 2024 (projected)
Gross Profit288.4M217.2M195.5M218.4M
Total Revenue585.8M479.8M431.8M460.7M

Datalogic fundamental ratios Correlations

0.74-0.45-0.38-0.39-0.40.730.710.010.650.49-0.51-0.75-0.60.90.820.320.52-0.85-0.73-0.620.81-0.64-0.640.76-0.43
0.74-0.5-0.53-0.67-0.621.00.68-0.330.480.7-0.66-0.66-0.870.950.590.710.52-0.92-0.52-0.860.77-0.4-0.490.36-0.2
-0.45-0.50.790.840.73-0.510.020.65-0.75-0.780.960.880.71-0.550.07-0.66-0.680.520.70.81-0.510.680.83-0.570.75
-0.38-0.530.790.890.71-0.550.080.8-0.79-0.930.740.660.58-0.540.09-0.82-0.60.450.680.81-0.480.660.54-0.510.26
-0.39-0.670.840.890.82-0.690.060.75-0.78-0.930.870.770.67-0.640.11-0.89-0.810.580.650.94-0.640.560.62-0.450.32
-0.4-0.620.730.710.82-0.63-0.010.81-0.7-0.870.690.660.58-0.580.01-0.88-0.780.480.410.78-0.480.30.42-0.360.42
0.731.0-0.51-0.55-0.69-0.630.65-0.350.490.71-0.67-0.66-0.870.950.560.730.53-0.91-0.52-0.870.78-0.4-0.490.35-0.19
0.710.680.020.080.06-0.010.650.3-0.030.06-0.15-0.25-0.580.690.940.03-0.09-0.72-0.21-0.260.43-0.16-0.240.21-0.13
0.01-0.330.650.80.750.81-0.350.3-0.51-0.820.560.420.43-0.230.39-0.86-0.460.090.270.59-0.130.250.18-0.090.21
0.650.48-0.75-0.79-0.78-0.70.49-0.03-0.510.81-0.69-0.85-0.390.640.120.630.87-0.51-0.84-0.750.73-0.76-0.660.82-0.43
0.490.7-0.78-0.93-0.93-0.870.710.06-0.820.81-0.77-0.75-0.680.690.040.950.74-0.56-0.69-0.880.58-0.61-0.530.53-0.26
-0.51-0.660.960.740.870.69-0.67-0.150.56-0.69-0.770.90.83-0.67-0.05-0.69-0.680.660.710.89-0.620.670.85-0.520.67
-0.75-0.660.880.660.770.66-0.66-0.250.42-0.85-0.750.90.71-0.77-0.27-0.61-0.780.680.860.83-0.780.80.85-0.750.68
-0.6-0.870.710.580.670.58-0.87-0.580.43-0.39-0.680.830.71-0.8-0.4-0.67-0.380.820.560.82-0.540.520.69-0.350.45
0.90.95-0.55-0.54-0.64-0.580.950.69-0.230.640.69-0.67-0.77-0.80.690.610.6-0.95-0.67-0.840.88-0.56-0.610.58-0.32
0.820.590.070.090.110.010.560.940.390.120.04-0.05-0.27-0.40.69-0.050.01-0.68-0.29-0.20.52-0.23-0.230.38-0.12
0.320.71-0.66-0.82-0.89-0.880.730.03-0.860.630.95-0.69-0.61-0.670.61-0.050.67-0.48-0.49-0.840.48-0.4-0.350.28-0.12
0.520.52-0.68-0.6-0.81-0.780.53-0.09-0.460.870.74-0.68-0.78-0.380.60.010.67-0.52-0.65-0.760.73-0.51-0.590.63-0.36
-0.85-0.920.520.450.580.48-0.91-0.720.09-0.51-0.560.660.680.82-0.95-0.68-0.48-0.520.590.8-0.810.480.67-0.520.34
-0.73-0.520.70.680.650.41-0.52-0.210.27-0.84-0.690.710.860.56-0.67-0.29-0.49-0.650.590.68-0.660.980.82-0.920.39
-0.62-0.860.810.810.940.78-0.87-0.260.59-0.75-0.880.890.830.82-0.84-0.2-0.84-0.760.80.68-0.80.580.68-0.480.38
0.810.77-0.51-0.48-0.64-0.480.780.43-0.130.730.58-0.62-0.78-0.540.880.520.480.73-0.81-0.66-0.8-0.53-0.550.57-0.3
-0.64-0.40.680.660.560.3-0.4-0.160.25-0.76-0.610.670.80.52-0.56-0.23-0.4-0.510.480.980.58-0.530.81-0.880.41
-0.64-0.490.830.540.620.42-0.49-0.240.18-0.66-0.530.850.850.69-0.61-0.23-0.35-0.590.670.820.68-0.550.81-0.770.71
0.760.36-0.57-0.51-0.45-0.360.350.21-0.090.820.53-0.52-0.75-0.350.580.380.280.63-0.52-0.92-0.480.57-0.88-0.77-0.43
-0.43-0.20.750.260.320.42-0.19-0.130.21-0.43-0.260.670.680.45-0.32-0.12-0.12-0.360.340.390.38-0.30.410.71-0.43
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Datalogic Account Relationship Matchups

Datalogic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets839.4M830.2M804.6M707.7M636.9M628.0M
Short Long Term Debt Total205.7M157.4M115.6M83.7M75.3M112.3M
Total Current Liabilities238.3M208.5M277.4M254.1M292.2M263.4M
Total Stockholder Equity353.0M375.8M402.3M368.2M423.4M403.9M
Retained Earnings221.7M243.0M239.4M268.6M308.9M242.7M
Other Assets54.8M64.4M72.7M57.0M65.5M65.1M
Long Term Debt205.7M157.4M110.1M77.9M70.1M110.5M
Cash And Short Term Investments287.6M232.3M183.0M149.6M134.7M159.9M
Net Receivables127.5M96.9M118.8M91.3M105.0M114.4M
Good Will174.3M181.1M186.1M171.4M154.2M144.3M
Inventory102.9M78.3M136.7M129.8M149.3M111.9M
Other Stockholder Equity45.9M59.7M42.7M72.4M83.2M50.4M
Total Liab486.4M454.3M402.3M339.5M305.5M334.2M
Total Current Assets413.5M322.7M361.6M361.3M325.2M314.2M
Short Term Debt3.0M3.8M6.7M1.5M1.4M1.3M
Intangible Assets42.0M44.5M50.5M59.2M68.1M54.6M
Property Plant Equipment99.4M103.4M118.9M114.6M131.7M103.1M
Other Current Liab34.6M15.0M21.9M71.6M82.3M86.5M
Other Liab46.5M45.2M56.3M60.8M69.9M57.1M
Net Tangible Assets175.6M159.8M165.3M147.6M132.8M129.4M
Accounts Payable104.4M95.7M135.7M112.1M128.9M123.5M

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