Dar Other Current Assets vs Inventory 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 Other Current Assets and its Inventory 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.

Other Current Assets vs Inventory

Other Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dar Global Plc Other Current Assets account and Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dar Global's Other Current Assets and Inventory is 0.19. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory 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 Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Dar Global Plc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Dar Global's Other Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Inventory

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 Amortization762.6K886.8K3.2M3.3M
Interest Income72.7K79.5K4.8M5.0M

Dar Global fundamental ratios Correlations

0.520.570.680.940.890.550.520.770.770.670.940.770.120.610.670.770.690.320.790.680.40.99-0.590.68-0.59
0.520.94-0.160.310.23-0.23-0.36-0.01-0.04-0.190.36-0.04-0.69-0.17-0.180.87-0.14-0.340.88-0.17-0.210.630.3-0.160.3
0.570.94-0.150.340.19-0.23-0.360.07-0.02-0.180.39-0.02-0.71-0.16-0.170.93-0.11-0.360.94-0.15-0.260.680.28-0.150.28
0.68-0.16-0.150.860.820.950.970.80.991.00.690.990.80.81.00.180.990.620.191.00.620.59-0.991.0-0.99
0.940.310.340.860.90.710.740.750.910.850.910.910.40.620.850.640.840.550.630.850.390.9-0.80.86-0.8
0.890.230.190.820.90.720.720.870.860.810.920.860.440.820.820.430.810.510.460.820.680.82-0.770.82-0.77
0.55-0.23-0.230.950.710.720.930.790.930.920.490.930.810.850.930.030.970.380.090.950.760.46-0.920.95-0.92
0.52-0.36-0.360.970.740.720.930.720.940.980.570.940.910.760.98-0.020.950.7-0.020.980.610.41-0.990.97-0.99
0.77-0.010.070.80.750.870.790.720.830.770.770.830.50.960.780.230.830.290.320.80.840.7-0.760.8-0.76
0.77-0.04-0.020.990.910.860.930.940.830.980.741.00.710.80.990.30.990.550.320.990.620.69-0.960.99-0.96
0.67-0.19-0.181.00.850.810.920.980.770.980.70.980.810.771.00.160.980.680.161.00.590.57-0.991.0-0.99
0.940.360.390.690.910.920.490.570.770.740.70.740.230.620.690.620.650.560.610.690.40.9-0.650.69-0.65
0.77-0.04-0.020.990.910.860.930.940.831.00.980.740.710.80.990.30.990.550.320.990.620.69-0.960.99-0.96
0.12-0.69-0.710.80.40.440.810.910.50.710.810.230.710.630.81-0.430.770.65-0.440.80.57-0.01-0.870.8-0.87
0.61-0.17-0.160.80.620.820.850.760.960.80.770.620.80.630.780.00.830.290.10.80.950.52-0.770.8-0.77
0.67-0.18-0.171.00.850.820.930.980.780.991.00.690.990.810.780.170.980.660.171.00.60.58-0.991.0-0.99
0.770.870.930.180.640.430.03-0.020.230.30.160.620.3-0.430.00.170.19-0.040.980.18-0.190.85-0.060.18-0.06
0.69-0.14-0.110.990.840.810.970.950.830.990.980.650.990.770.830.980.190.50.220.990.680.6-0.960.99-0.96
0.32-0.34-0.360.620.550.510.380.70.290.550.680.560.550.650.290.66-0.040.5-0.150.620.090.21-0.70.61-0.7
0.790.880.940.190.630.460.09-0.020.320.320.160.610.32-0.440.10.170.980.22-0.150.19-0.070.87-0.060.19-0.06
0.68-0.17-0.151.00.850.820.950.980.80.991.00.690.990.80.81.00.180.990.620.190.620.59-0.991.0-0.99
0.4-0.21-0.260.620.390.680.760.610.840.620.590.40.620.570.950.6-0.190.680.09-0.070.620.32-0.60.63-0.6
0.990.630.680.590.90.820.460.410.70.690.570.90.69-0.010.520.580.850.60.210.870.590.32-0.490.59-0.49
-0.590.30.28-0.99-0.8-0.77-0.92-0.99-0.76-0.96-0.99-0.65-0.96-0.87-0.77-0.99-0.06-0.96-0.7-0.06-0.99-0.6-0.49-0.991.0
0.68-0.16-0.151.00.860.820.950.970.80.991.00.690.990.80.81.00.180.990.610.191.00.630.59-0.99-0.99
-0.590.30.28-0.99-0.8-0.77-0.92-0.99-0.76-0.96-0.99-0.65-0.96-0.87-0.77-0.99-0.06-0.96-0.7-0.06-0.99-0.6-0.491.0-0.99
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Dar Global Account Relationship Matchups

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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.