Datable Pb Ratio vs Ptb Ratio Analysis

DAC Stock

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Datable Technology financial indicator trend analysis is much more than just examining Datable Technology Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datable Technology Corp is a good investment. Please check the relationship between Datable Technology Pb Ratio and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datable Technology Corp. 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.

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datable Technology Corp Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between Datable Technology's Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Datable Technology Corp, assuming nothing else is changed. The correlation between historical values of Datable Technology's Pb Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Datable Technology Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pb Ratio i.e., Datable Technology's Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Pb Ratio

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Datable Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datable Technology Corp 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 Datable Technology Corp. 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.

At this time, Datable Technology's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.84 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	3.5M	3.9M	3.3M	2.0M
Depreciation And Amortization	108.9K	84.8K	97.6K	60.0K

Total Revenue Depreciation And Amortization

Datable Technology fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Common Stock Shares Outstanding	Common Stock	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Liabilities Total	Other Current Assets	Net Tangible Assets	Property Plant Equipment	Inventory	Net Invested Capital	Net Working Capital	Short Term Debt
Total Assets		0.42	-0.17	0.04	-0.54	0.9	0.44	0.9	0.66	-0.47	0.39	1.0	0.25	0.41	0.59	0.36	0.47	0.51	0.32	0.51	-0.27	0.47	0.56	-0.13	-0.15	0.41
Total Current Liabilities	0.42		-0.93	0.85	-0.9	0.15	0.65	0.15	0.77	-0.9	0.98	0.37	0.96	0.99	0.8	0.81	0.69	0.98	0.91	-0.11	-0.94	0.73	0.94	-0.92	-0.93	0.89
Total Stockholder Equity	-0.17	-0.93		-0.97	0.8	0.12	-0.61	0.12	-0.72	0.83	-0.96	-0.12	-0.94	-0.95	-0.68	-0.71	-0.63	-0.89	-0.95	0.31	0.99	-0.66	-0.85	0.94	0.94	-0.83
Net Debt	0.04	0.85	-0.97		-0.67	-0.25	0.52	-0.25	0.66	-0.71	0.92	-0.01	0.89	0.89	0.53	0.56	0.54	0.8	0.95	-0.41	-0.94	0.57	0.75	-0.87	-0.87	0.71
Retained Earnings	-0.54	-0.9	0.8	-0.67		-0.25	-0.72	-0.25	-0.78	0.76	-0.85	-0.49	-0.86	-0.88	-0.96	-0.81	-0.76	-0.87	-0.76	-0.02	0.82	-0.79	-0.83	0.79	0.8	-0.84
Cash	0.9	0.15	0.12	-0.25	-0.25		0.08	1.0	0.32	-0.17	0.12	0.93	0.01	0.12	0.3	0.09	0.12	0.22	0.07	0.39	0.0	0.12	0.28	0.08	0.08	0.1
Non Current Assets Total	0.44	0.65	-0.61	0.52	-0.72	0.08		0.08	0.68	-0.78	0.62	0.35	0.58	0.65	0.71	0.81	0.99	0.64	0.55	0.25	-0.6	0.98	0.6	-0.55	-0.57	0.87
Cash And Short Term Investments	0.9	0.15	0.12	-0.25	-0.25	1.0	0.08		0.32	-0.17	0.12	0.93	0.01	0.12	0.3	0.09	0.12	0.22	0.07	0.39	0.0	0.12	0.28	0.08	0.08	0.1
Net Receivables	0.66	0.77	-0.72	0.66	-0.78	0.32	0.68	0.32		-0.76	0.8	0.62	0.65	0.8	0.73	0.55	0.7	0.83	0.79	0.24	-0.72	0.72	0.86	-0.52	-0.53	0.7
Other Stockholder Equity	-0.47	-0.9	0.83	-0.71	0.76	-0.17	-0.78	-0.17	-0.76		-0.86	-0.41	-0.78	-0.88	-0.68	-0.86	-0.79	-0.92	-0.78	-0.13	0.82	-0.81	-0.9	0.78	0.79	-0.93
Total Liab	0.39	0.98	-0.96	0.92	-0.85	0.12	0.62	0.12	0.8	-0.86		0.34	0.96	0.99	0.74	0.72	0.65	0.96	0.97	-0.21	-0.98	0.69	0.92	-0.91	-0.91	0.85
Total Current Assets	1.0	0.37	-0.12	-0.01	-0.49	0.93	0.35	0.93	0.62	-0.41	0.34		0.2	0.36	0.54	0.3	0.39	0.46	0.28	0.5	-0.22	0.39	0.52	-0.08	-0.1	0.34
Accounts Payable	0.25	0.96	-0.94	0.89	-0.86	0.01	0.58	0.01	0.65	-0.78	0.96	0.2		0.96	0.75	0.76	0.62	0.9	0.91	-0.34	-0.96	0.67	0.83	-0.97	-0.97	0.83
Common Stock Shares Outstanding	0.41	0.99	-0.95	0.89	-0.88	0.12	0.65	0.12	0.8	-0.88	0.99	0.36	0.96		0.78	0.76	0.68	0.98	0.94	-0.12	-0.96	0.72	0.95	-0.91	-0.92	0.86
Common Stock	0.59	0.8	-0.68	0.53	-0.96	0.3	0.71	0.3	0.73	-0.68	0.74	0.54	0.75	0.78		0.82	0.74	0.78	0.64	0.09	-0.71	0.76	0.75	-0.68	-0.7	0.82
Other Current Liab	0.36	0.81	-0.71	0.56	-0.81	0.09	0.81	0.09	0.55	-0.86	0.72	0.3	0.76	0.76	0.82		0.82	0.78	0.59	0.02	-0.71	0.83	0.71	-0.77	-0.79	0.96
Property Plant And Equipment Net	0.47	0.69	-0.63	0.54	-0.76	0.12	0.99	0.12	0.7	-0.79	0.65	0.39	0.62	0.68	0.74	0.82		0.68	0.58	0.23	-0.63	1.0	0.63	-0.58	-0.6	0.88
Current Deferred Revenue	0.51	0.98	-0.89	0.8	-0.87	0.22	0.64	0.22	0.83	-0.92	0.96	0.46	0.9	0.98	0.78	0.78	0.68		0.88	0.04	-0.9	0.71	0.99	-0.85	-0.86	0.86
Non Current Liabilities Total	0.32	0.91	-0.95	0.95	-0.76	0.07	0.55	0.07	0.79	-0.78	0.97	0.28	0.91	0.94	0.64	0.59	0.58	0.88		-0.3	-0.97	0.62	0.86	-0.86	-0.86	0.76
Other Current Assets	0.51	-0.11	0.31	-0.41	-0.02	0.39	0.25	0.39	0.24	-0.13	-0.21	0.5	-0.34	-0.12	0.09	0.02	0.23	0.04	-0.3		0.32	0.2	0.14	0.38	0.36	-0.02
Net Tangible Assets	-0.27	-0.94	0.99	-0.94	0.82	0.0	-0.6	0.0	-0.72	0.82	-0.98	-0.22	-0.96	-0.96	-0.71	-0.71	-0.63	-0.9	-0.97	0.32		-0.66	-0.85	0.95	0.95	-0.84
Property Plant Equipment	0.47	0.73	-0.66	0.57	-0.79	0.12	0.98	0.12	0.72	-0.81	0.69	0.39	0.67	0.72	0.76	0.83	1.0	0.71	0.62	0.2	-0.66		0.66	-0.61	-0.64	0.88
Inventory	0.56	0.94	-0.85	0.75	-0.83	0.28	0.6	0.28	0.86	-0.9	0.92	0.52	0.83	0.95	0.75	0.71	0.63	0.99	0.86	0.14	-0.85	0.66		-0.78	-0.78	0.8
Net Invested Capital	-0.13	-0.92	0.94	-0.87	0.79	0.08	-0.55	0.08	-0.52	0.78	-0.91	-0.08	-0.97	-0.91	-0.68	-0.77	-0.58	-0.85	-0.86	0.38	0.95	-0.61	-0.78		1.0	-0.83
Net Working Capital	-0.15	-0.93	0.94	-0.87	0.8	0.08	-0.57	0.08	-0.53	0.79	-0.91	-0.1	-0.97	-0.92	-0.7	-0.79	-0.6	-0.86	-0.86	0.36	0.95	-0.64	-0.78	1.0		-0.85
Short Term Debt	0.41	0.89	-0.83	0.71	-0.84	0.1	0.87	0.1	0.7	-0.93	0.85	0.34	0.83	0.86	0.82	0.96	0.88	0.86	0.76	-0.02	-0.84	0.88	0.8	-0.83	-0.85

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Datable Technology Account Relationship Matchups

Datable Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	867.8K	2.1M	2.5M	892.0K	1.0M	1.1M
Total Current Liabilities	1.5M	2.3M	2.5M	3.4M	3.9M	4.1M
Total Stockholder Equity	(702.9K)	(222.3K)	(2.9M)	(5.6M)	(5.0M)	(4.8M)
Net Debt	(304.6K)	(1.3M)	1.8M	2.8M	3.2M	3.4M
Retained Earnings	(18.4M)	(20.8M)	(25.4M)	(29.9M)	(26.9M)	(25.6M)
Cash	461.2K	1.4M	1.2M	372.5K	428.4K	742.4K
Non Current Assets Total	204.8K	86.9K	206.0K	121.1K	139.3K	80.3K
Cash And Short Term Investments	461.2K	1.4M	1.2M	372.5K	428.4K	742.4K
Net Receivables	66.6K	257.7K	644.7K	276.9K	318.5K	334.4K
Liabilities And Stockholders Equity	867.8K	2.1M	2.5M	892.0K	1.0M	1.1M
Other Stockholder Equity	(8.4M)	(10.6M)	(12.0M)	(12.7M)	(11.4M)	(10.8M)
Total Liab	1.6M	2.3M	5.4M	6.5M	7.5M	7.8M
Total Current Assets	663.0K	2.0M	2.2M	770.9K	886.5K	1.0M
Accumulated Other Comprehensive Income	13.0M	15.6M	17.2M	18.5M	21.3M	22.3M
Accounts Payable	629.9K	425.2K	661.2K	1.3M	1.5M	1.6M
Common Stock Shares Outstanding	50.8M	91.5M	137.7M	169.9M	195.4M	205.2M
Common Stock	13.0M	15.6M	17.2M	18.5M	21.3M	11.3M
Other Current Liab	278.1K	212.5K	162.4K	245.3K	282.1K	152.0K
Property Plant And Equipment Net	204.8K	86.9K	206.0K	121.1K	139.3K	92.3K
Current Deferred Revenue	506.2K	1.6M	1.6M	1.7M	2.0M	2.1M
Non Current Liabilities Total	59.9K	25.7K	2.9M	3.1M	3.5M	3.7M
Other Current Assets	116.4K	351.3K	245.6K	13.7K	15.7K	15.0K
Net Tangible Assets	(702.9K)	(222.3K)	(2.9M)	(5.6M)	(5.0M)	(4.8M)
Property Plant Equipment	204.8K	86.9K	206.0K	121.1K	139.3K	114.4K
Inventory	19.2K	18.8K	116.3K	107.7K	123.9K	130.1K
Net Invested Capital	(702.9K)	(196.6K)	(138.4K)	(2.6M)	(2.3M)	(2.2M)
Net Working Capital	(847.7K)	(283.6K)	(242.5K)	(2.7M)	(2.4M)	(2.3M)
Short Term Debt	96.6K	60.4K	84.4K	102.3K	117.7K	66.4K
Capital Stock	13.0M	15.6M	17.2M	18.5M	21.3M	16.8M

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