Dar Other Liab vs Cash And Short Term Investments 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 Liab and its Cash And Short Term Investments 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 Liab vs Cash And Short Term Investments

Other Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dar Global Plc Other Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dar Global's Other Liab and Cash And Short Term Investments is 0.91. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash And Short Term Investments 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 Liab and Cash And Short Term Investments 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 Liab of Dar Global Plc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Liab i.e., Dar Global's Other Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Dar Global Plc balance sheet. This account contains Dar Global investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dar Global Plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.