Dar Net Receivables vs Other Current Liab 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 Net Receivables and its Other Current Liab 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.
Net Receivables vs Other Current Liab
Net Receivables vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dar Global Plc Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dar Global's Net Receivables and Other Current Liab is -0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab 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 Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Dar Global Plc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Dar Global's Net Receivables and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Receivables
Other Current Liab
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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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.