Dar Cash vs Accounts Payable Analysis
| DAR Stock | 4.51 0.01 0.22% |
Dar Global financial indicator trend analysis is much more than just examining Dar Global Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dar Global Plc is a good investment. Please check the relationship between Dar Global Cash and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dar Global Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dar Global Plc Cash account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dar Global's Cash and Accounts Payable is 0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Dar Global Plc, assuming nothing else is changed. The correlation between historical values of Dar Global's Cash and Accounts Payable 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 of Dar Global Plc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Dar Global's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Dar Global Plc, which is listed under current asset account on Dar Global Plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dar Global customers. The amounts must be unrestricted with restricted cash listed in a different Dar Global account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Accounts Payable
An accounting item on the balance sheet that represents Dar Global obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dar Global Plc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Dar Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dar Global Plc 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 Dar Global Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Dar Global's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 762.6K | 886.8K | 3.2M | 3.3M | Interest Income | 72.7K | 79.5K | 4.8M | 5.0M |
Dar Global fundamental ratios Correlations
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Dar Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Dar Stock
Balance Sheet is a snapshot of the financial position of Dar Global Plc at a specified time, usually calculated after every quarter, six months, or one year. Dar Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dar Global 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 Dar currently owns. An asset can also be divided into two categories, current and non-current.