Digiwin Inventory vs Non Current Liabilities Total Analysis

300378 Stock   27.17  0.88  3.35%   
Digiwin Software financial indicator trend analysis is much more than just examining Digiwin Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digiwin Software is a good investment. Please check the relationship between Digiwin Software Inventory and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digiwin Software Co. 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.

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digiwin Software Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Digiwin Software's Inventory and Non Current Liabilities Total is 0.95. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Digiwin Software Co, assuming nothing else is changed. The correlation between historical values of Digiwin Software's Inventory and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Digiwin Software Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., Digiwin Software's Inventory and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Non Current Liabilities Total

Most indicators from Digiwin Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digiwin Software 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 Digiwin Software Co. 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 Selling General Administrative is expected to grow to about 751 M, whereas Tax Provision is forecasted to decline to about 47.4 M.
 2021 2022 2023 2024 (projected)
Income Before Tax158.9M197.6M228.4M134.4M
Cost Of Revenue602.5M691.8M848.6M891.1M

Digiwin Software fundamental ratios Correlations

-0.150.920.980.950.670.78-0.38-0.390.150.660.510.930.510.930.930.650.440.870.60.710.840.860.870.620.66
-0.15-0.12-0.15-0.05-0.59-0.050.13-0.15-0.38-0.44-0.82-0.12-0.81-0.13-0.060.120.35-0.23-0.17-0.1-0.25-0.21-0.45-0.5-0.27
0.92-0.120.840.810.570.63-0.31-0.350.020.520.430.990.420.890.950.580.560.740.610.560.850.770.820.520.51
0.98-0.150.840.970.660.8-0.38-0.440.210.650.490.840.490.920.880.640.40.850.570.730.780.820.820.620.67
0.95-0.050.810.970.690.8-0.22-0.450.220.710.480.820.480.820.830.730.310.910.560.810.810.880.840.650.74
0.67-0.590.570.660.690.57-0.12-0.070.330.960.930.60.940.50.520.48-0.160.830.430.610.760.830.870.830.88
0.78-0.050.630.80.80.57-0.32-0.30.310.60.360.650.350.590.560.310.00.730.330.50.670.820.630.380.66
-0.380.13-0.31-0.38-0.22-0.12-0.32-0.180.34-0.22-0.13-0.34-0.12-0.49-0.41-0.18-0.32-0.24-0.23-0.2-0.28-0.23-0.26-0.2-0.17
-0.39-0.15-0.35-0.44-0.45-0.07-0.3-0.18-0.350.040.02-0.270.04-0.39-0.34-0.15-0.31-0.19-0.15-0.17-0.15-0.16-0.17-0.04-0.03
0.15-0.380.020.210.220.330.310.34-0.350.210.380.010.380.01-0.07-0.14-0.420.190.03-0.02-0.010.210.18-0.030.32
0.66-0.440.520.650.710.960.6-0.220.040.210.840.580.840.460.50.58-0.180.870.390.680.760.870.840.820.95
0.51-0.820.430.490.480.930.36-0.130.020.380.840.450.990.380.370.35-0.240.660.440.510.640.640.790.790.72
0.93-0.120.990.840.820.60.65-0.34-0.270.010.580.450.440.870.950.610.510.780.610.590.870.820.850.540.57
0.51-0.810.420.490.480.940.35-0.120.040.380.840.990.440.390.370.31-0.250.650.380.470.60.640.770.780.72
0.93-0.130.890.920.820.50.59-0.49-0.390.010.460.380.870.390.960.580.670.670.590.570.70.640.720.50.46
0.93-0.060.950.880.830.520.56-0.41-0.34-0.070.50.370.950.370.960.670.680.730.630.620.780.710.770.520.5
0.650.120.580.640.730.480.31-0.18-0.15-0.140.580.350.610.310.580.670.430.750.680.90.70.620.680.640.59
0.440.350.560.40.31-0.160.0-0.32-0.31-0.42-0.18-0.240.51-0.250.670.680.430.070.420.20.280.020.150.04-0.16
0.87-0.230.740.850.910.830.73-0.24-0.190.190.870.660.780.650.670.730.750.070.530.850.830.960.930.750.86
0.6-0.170.610.570.560.430.33-0.23-0.150.030.390.440.610.380.590.630.680.420.530.710.710.50.60.430.4
0.71-0.10.560.730.810.610.5-0.2-0.17-0.020.680.510.590.470.570.620.90.20.850.710.760.730.780.760.65
0.84-0.250.850.780.810.760.67-0.28-0.15-0.010.760.640.870.60.70.780.70.280.830.710.760.860.90.780.71
0.86-0.210.770.820.880.830.82-0.23-0.160.210.870.640.820.640.640.710.620.020.960.50.730.860.90.670.88
0.87-0.450.820.820.840.870.63-0.26-0.170.180.840.790.850.770.720.770.680.150.930.60.780.90.90.830.76
0.62-0.50.520.620.650.830.38-0.2-0.04-0.030.820.790.540.780.50.520.640.040.750.430.760.780.670.830.66
0.66-0.270.510.670.740.880.66-0.17-0.030.320.950.720.570.720.460.50.59-0.160.860.40.650.710.880.760.66
Click cells to compare fundamentals

Digiwin Software Account Relationship Matchups

Digiwin Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.6B2.8B3.3B2.0B
Other Current Liab208.0M258.2M311.5M332.4M14.8M14.1M
Total Current Liabilities851.3M789.5M891.2M847.8M1.0B698.2M
Total Stockholder Equity1.4B1.5B1.7B1.8B2.1B1.3B
Retained Earnings519.2M626.3M712.1M819.2M854.5M478.0M
Accounts Payable82.8M100.2M126.7M152.7M230.2M241.7M
Cash515.6M520.2M825.1M1.1B873.0M629.5M
Other Assets79.0M61.6M66.5M84.5M76.1M102.4M
Net Receivables287.5M123.2M352.2M263.8M446.9M330.8M
Inventory10.8M26.6M44.7M48.4M65.6M68.9M
Other Current Assets41.7M22.8M29.7M26.0M154.3M162.0M
Total Liab858.9M797.4M960.9M911.7M1.1B727.2M
Intangible Assets125.7M117.0M116.9M138.3M332.5M349.1M
Common Stock266.0M266.3M266.4M267.0M307.1M217.6M
Property Plant Equipment787.8M754.2M827.8M786.2M904.1M520.6M
Other Liab432.9K7.5M7.9M6.0M6.9M4.2M
Short Term Investments375M353.4M255M125M20M19M
Net Tangible Assets1.3B1.4B1.6B1.7B2.0B1.4B
Other Stockholder Equity77.8M2.3M7.5M17.5M20.1M21.1M
Deferred Long Term Liab9.1M9.6M6.9M9.0M10.4M6.1M
Total Current Assets1.2B1.2B1.6B1.8B1.8B1.5B
Non Current Assets Total1.1B1.1B1.1B1.1B1.4B1.2B
Non Currrent Assets Other30.1M114.4M38.1M42.3M111.6M117.2M
Non Current Liabilities Total7.5M7.9M69.7M63.9M68.9M72.4M
Short Long Term Debt296.7M160.4M92.3M0.023.0M21.9M
Common Stock Shares Outstanding266.0M266.3M266.4M267.0M269.3M293.0M
Net Invested Capital1.7B1.7B1.8B1.8B2.1B2.0B
Net Working Capital365.0M451.8M659.3M910.7M823.2M597.8M
Capital Stock266.0M266.3M266.4M267.0M269.3M293.3M

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.

Other Information on Investing in Digiwin Stock

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