Dar Total Assets vs Cash 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 Total Assets and its Cash 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.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dar Global Plc Total Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dar Global's Total Assets and Cash is 0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash 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 Total Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Dar Global Plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Dar Global's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Dar Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dar Global Plc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.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.