Dareway Inventory vs Property Plant Equipment Analysis

688579 Stock   10.13  0.32  3.26%   
Dareway Software financial indicator trend analysis is much more than just examining Dareway Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dareway Software is a good investment. Please check the relationship between Dareway Software Inventory and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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 Property Plant Equipment

Inventory vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dareway Software Inventory account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dareway Software's Inventory and Property Plant Equipment is 0.55. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Dareway Software Co, assuming nothing else is changed. The correlation between historical values of Dareway Software's Inventory and Property Plant Equipment 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 Dareway Software Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Inventory i.e., Dareway Software's Inventory and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Property Plant Equipment

Most indicators from Dareway Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dareway 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. 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 52.6 M, whereas Tax Provision is projected to grow to (3.1 M).
 2021 2022 2024 2025 (projected)
EBIT82.8M39.3M45.2M68.0M
Other Operating Expenses1.1M1.3M1.2M1.1M

Dareway Software fundamental ratios Correlations

0.1-0.170.03-0.05-0.49-0.47-0.12-0.510.190.140.030.05-0.07-0.11-0.09-0.12-0.090.050.06-0.110.6-0.24-0.59-0.3-0.05
0.10.840.960.960.740.410.710.55-0.340.890.920.970.970.960.410.930.950.910.990.960.140.90.570.830.93
-0.170.840.770.860.70.810.430.48-0.440.580.660.850.910.90.130.910.80.950.90.9-0.290.850.780.920.97
0.030.960.770.980.80.350.840.64-0.20.930.980.970.940.940.420.930.940.870.920.940.070.920.630.790.87
-0.050.960.860.980.780.520.750.65-0.330.840.930.990.980.990.380.980.950.930.950.99-0.040.970.710.850.92
-0.490.740.70.80.780.430.830.77-0.110.780.820.710.760.780.430.750.80.620.70.78-0.210.810.80.80.71
-0.470.410.810.350.520.43-0.020.37-0.570.070.210.470.580.590.040.630.460.670.540.59-0.520.60.740.70.67
-0.120.710.430.840.750.83-0.020.640.190.890.90.710.660.670.410.650.720.50.60.670.00.70.50.570.55
-0.510.550.480.640.650.770.370.64-0.120.570.640.550.610.640.30.620.620.480.520.64-0.060.750.760.630.51
0.19-0.34-0.44-0.2-0.33-0.11-0.570.19-0.120.0-0.16-0.35-0.45-0.45-0.31-0.43-0.49-0.37-0.44-0.45-0.11-0.45-0.3-0.35-0.39
0.140.890.580.930.840.780.070.890.570.00.970.830.790.790.510.740.850.670.80.790.280.750.460.630.71
0.030.920.660.980.930.820.210.90.64-0.160.970.910.880.880.530.850.930.750.860.880.170.870.570.710.77
0.050.970.850.970.990.710.470.710.55-0.350.830.910.980.980.320.980.940.940.960.98-0.010.940.630.830.93
-0.070.970.910.940.980.760.580.660.61-0.450.790.880.981.00.360.990.960.950.981.0-0.030.970.710.890.96
-0.110.960.90.940.990.780.590.670.64-0.450.790.880.981.00.360.990.960.940.971.0-0.050.980.740.90.95
-0.090.410.130.420.380.430.040.410.3-0.310.510.530.320.360.360.290.530.180.350.360.450.40.060.140.17
-0.120.930.910.930.980.750.630.650.62-0.430.740.850.980.990.990.290.930.960.950.99-0.140.980.750.890.96
-0.090.950.80.940.950.80.460.720.62-0.490.850.930.940.960.960.530.930.830.930.960.110.950.670.820.87
0.050.910.950.870.930.620.670.50.48-0.370.670.750.940.950.940.180.960.830.950.94-0.130.880.660.860.98
0.060.990.90.920.950.70.540.60.52-0.440.80.860.960.980.970.350.950.930.950.970.070.910.610.860.97
-0.110.960.90.940.990.780.590.670.64-0.450.790.880.981.01.00.360.990.960.940.97-0.050.980.740.90.95
0.60.14-0.290.07-0.04-0.21-0.520.0-0.06-0.110.280.17-0.01-0.03-0.050.45-0.140.11-0.130.07-0.05-0.1-0.47-0.33-0.16
-0.240.90.850.920.970.810.60.70.75-0.450.750.870.940.970.980.40.980.950.880.910.98-0.10.80.870.89
-0.590.570.780.630.710.80.740.50.76-0.30.460.570.630.710.740.060.750.670.660.610.74-0.470.80.810.72
-0.30.830.920.790.850.80.70.570.63-0.350.630.710.830.890.90.140.890.820.860.860.9-0.330.870.810.93
-0.050.930.970.870.920.710.670.550.51-0.390.710.770.930.960.950.170.960.870.980.970.95-0.160.890.720.93
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Dareway Software Account Relationship Matchups

Dareway Software fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab304.2M240.9M214.3M762.5K686.2K651.9K
Total Current Liabilities394.9M383.6M330.7M333.9M384.0M303.7M
Other Liab8.4M48.4M64.1M59.7M68.7M72.1M
Net Tangible Assets795.2M1.2B1.2B1.2B1.4B905.8M
Retained Earnings313.2M376.3M398.3M387.8M446.0M282.2M
Accounts Payable66.0M89.3M79.3M171.3M197.0M206.8M
Other Assets4.0M8.8M93.3M95.0M109.3M114.7M
Net Receivables183.4M160.5M159.4M226.3M260.2M183.9M
Inventory24.1M17.0M59.7M75.5M86.8M43.8M
Other Current Assets7.3M8.5M13.4M1.0M922.0K875.9K
Total Current Assets915.6M845.6M789.1M745.0M856.7M765.0M
Property Plant Equipment360.7M650.0M664.8M638.3M734.0M406.6M
Total Assets1.7B1.7B1.7B1.7B2.0B1.5B
Total Stockholder Equity1.2B1.3B1.3B1.3B1.5B1.1B
Cash101.1M494.0M153.6M287.3M258.6M247.4M
Non Current Assets Total735.5M875.5M898.1M984.9M1.1B663.1M
Non Current Liabilities Total48.4M64.4M59.7M52.0M59.8M39.2M
Total Liab443.3M448.0M390.4M385.9M443.8M365.4M
Net Invested Capital1.2B1.3B1.3B1.3B1.5B1.1B
Net Working Capital520.6M462.0M458.4M411.1M370.0M378.1M
Intangible Assets54.2M70.9M90.6M106.2M122.1M64.2M
Non Currrent Assets Other1.5M16.7K539.9K9.9M11.3M11.9M
Property Plant And Equipment Net650.0M664.8M638.3M624.0M717.6M646.3M
Property Plant And Equipment Gross678.9M695.5M638.3M690.9M794.5M681.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Dareway Stock

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